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    Top 10 factors that Determine the Profitability of Firms
    The essence of profitability is a firms Revenue – Costs with revenue depending upon price and quantity of the good sold.1. The degree of competition a firm faces is important if a firm has monopoly power then it has little competition, therefore demand will be more inelastic. This enables the firm to increase profits by increasing the price. (For A2 d
    nline and delivering a digital product are readily available.

    Remember, people come to your web site for many different reasons. Some want to read your articles. Some need your services. Others want to subscribe to your newsletter. Yet others need to purchase your products. All of these actions require a different

    Motivate Yourself: Treat Bad News As Good News & Good News As Temporary
    It’s lonely at the top, and this applies to salespeople, especially.Selling isn’t a team sport. It is a task that resists collaboration, like writing.And those of us who sell for a major part of our livings know that our greatest challenge is getting up for the game, making sure we’re motivated, excited about the challenges before us.If
    Do you want to not be actively participating in day-to-day marketing activities?

    Do you want your target market to come to your web site and subscribe to your newsletter?

    Do you want qualified buyers to come to your web site, buy your product and download it, all without any involvement from you?

    One of the important building blocks of creating passive income streams is to have a web site that can do as much as possible for your web site visitors, before you get involved. For example:

    - If someone wants to become your business coaching client, they should be able to fill out a questionnaire with information about their business, their goals, their budget, etc. This way, the client will be pre-qualified online, instead of you spending time on pre-qualification. Pre-qualification is a good process to automate, as answering a questionnaire can be done easily online.

    - When someone wants to buy your ebook or special report, have a process that processes their payment, confirms the payment and lets them download the product without your involvement. Again, this will help you save the time getting the payment, processing the payment and delivering the product. This is another great process to automate, as all the tools for accepting payment online and delivering a digital product are readily available.

    Remember, people come to your web site for many different reasons. Some want to read your articles. Some need your services. Others want to subscribe to your newsletter. Yet others need to purchase your products. All of these actions require a different

    Training Sales People at a Tire Shop
    If you run a tire shop or a tire store then everyone who works there needs to know a little bit about sales and a lot about tires. You should have routine classes for all employees so they can answer questions about road hazards, tire wear, inflation pressures and the various companies and brands that you sell. Customers need this information and they want
    f the important building blocks of creating passive income streams is to have a web site that can do as much as possible for your web site visitors, before you get involved. For example:

    - If someone wants to become your business coaching client, they should be able to fill out a questionnaire with information about their business, their goals, their budget, etc. This way, the client will be pre-qualified online, instead of you spending time on pre-qualification. Pre-qualification is a good process to automate, as answering a questionnaire can be done easily online.

    - When someone wants to buy your ebook or special report, have a process that processes their payment, confirms the payment and lets them download the product without your involvement. Again, this will help you save the time getting the payment, processing the payment and delivering the product. This is another great process to automate, as all the tools for accepting payment online and delivering a digital product are readily available.

    Remember, people come to your web site for many different reasons. Some want to read your articles. Some need your services. Others want to subscribe to your newsletter. Yet others need to purchase your products. All of these actions require a different

    Tips for Business Writing
    Do your emails often confuse potential new clients? Do your memos precede a thousand requests to clarify your message? Good business writing skills are an essential component for a successful career. If you aren’t sure how to begin, these tips are sure to help.Tip #1: Remember that you are writing for your reader, not yourself. Ask yourself what you k
    t their business, their goals, their budget, etc. This way, the client will be pre-qualified online, instead of you spending time on pre-qualification. Pre-qualification is a good process to automate, as answering a questionnaire can be done easily online.

    - When someone wants to buy your ebook or special report, have a process that processes their payment, confirms the payment and lets them download the product without your involvement. Again, this will help you save the time getting the payment, processing the payment and delivering the product. This is another great process to automate, as all the tools for accepting payment online and delivering a digital product are readily available.

    Remember, people come to your web site for many different reasons. Some want to read your articles. Some need your services. Others want to subscribe to your newsletter. Yet others need to purchase your products. All of these actions require a different

    How Blogs Can Thrive On The Advantages Of Being Small
    Small is beautiful, they say, and this can be applied to traffic as well. I know you are probably reading this and wondering what advantage there can surely be in having small low traffic.Actually there are many advantages. Most of them revolve around the fact that a great huge site or blog looks at its' visitors as a number. Actually a great big stat
    have a process that processes their payment, confirms the payment and lets them download the product without your involvement. Again, this will help you save the time getting the payment, processing the payment and delivering the product. This is another great process to automate, as all the tools for accepting payment online and delivering a digital product are readily available.

    Remember, people come to your web site for many different reasons. Some want to read your articles. Some need your services. Others want to subscribe to your newsletter. Yet others need to purchase your products. All of these actions require a different

    Out Thinking Your Competition
    One thing I have always learned in business is that when your competition is going down, they usually pull something dishonest or disreputable in the process. Further those who cannot compete cheat. But what amazes me is that most of the competition out there cannot think and therefore makes poor choices and linear decisions, which gives you the edge over th
    nline and delivering a digital product are readily available.

    Remember, people come to your web site for many different reasons. Some want to read your articles. Some need your services. Others want to subscribe to your newsletter. Yet others need to purchase your products. All of these actions require a different online marketing process.

    While each process is different, the processes may be easy to set up. Once you formulate what a process needs to do (process payment, deliver product, qualify a potential customer), you will be able to define and implement the process.

    Over to you - let’s take action! Here are the steps you need to take to put your marketing on autopilot, and have your web site do the majority of your marketing for you:

    - Audit your current web site, and all the processes to use to qualify clients, register newsletter subscribers, sell products, deliver products, etc.

    - Identify how involved you are in each process – from the very beginning of the process, from the middle, not at all. Every process is different. Some will need your involvement at some point (when someone asks for a project quote). Others can be 100% on autopilot (digital product sale and delivery).

    - Identify how you can improve each process. Are there ways to add more automation? Is there a way to pre-qualify a client futher?

    By putting your marketing processes on autopilot, while still offering your customers your products and services, will give you more time for working with existing clients and creating more passive income streams products.

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