Over recent years, a lot of new handsets have come out with models hitting the shelves on a regular basis. This includes new and advanced handsets from tech giant Apple, which has brought out a range of new variations of its famous iPhone over the past few years. Many have been eager to get their hands on these new phones, leaving them with old phones that they then need to get rid of.
When you have a decent phone such as the iPhone 7, you don’t really want to leave it gathering dust in a drawer when you could get good money for it. Some people ask ‘what should I consider when selling... Read More
Whenever a new year starts, it’s safe to say that you’re always excited to see what the year ahead can bring. That’s definitely the case in business as well as your personal life. Whenever a new year starts, it’s the perfect time to think about where you want to take things – even if it’s not the start of your business financial year. Although you may not want to make any big decisions until you have reached the end of your accounting period, you can definitely look to spice up your marketing. After all, that’s always a lot of fun... Read More
If you want your business to be professional, then you should make it market-friendly. That’s the key to making your company successful. You just need to get to know your audience. Instead of innovating in ways that don’t solve consumer problems, you need to pay attention to changing trends in your industry. You also need to foresee changing trends. That’s how you’ll start to develop products and services which appeal to current and potential customers in your marketplace. You need to know your industry. The following pieces of advice should help you to make your business more market-friendly.... Read More
When your business starts to earn enough money, you may start to wonder what you should do with it. It would be best if you began to look for ways that you can invest your money so that your business can start to grow. It can be challenging to decide what to invest in first, but you should make sure that what you do decide to invest in will be beneficial for your company. Start by looking at what takes up a lot of time and determine if you can outsource the task, or streamline it. Here are a few ideas of things that you can invest in to help you to get started... Read More
There are a lot of metrics that you might use to determine how well your business is doing. But if you had to choose a single most important metric, what would it be?
Number of new customers? Average purchase size? Overall revenue? Web traffic?
All of those are important, but none are as critical as customer lifetime value (CLV) .
Defining Customer Lifetime Value
Customer lifetime value is the amount of profit a company can expect to earn over the entirety of their business relationship with the average customer.
Let’s look at how to... Read More
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Perhaps one of the easiest things to do is to restrict yourself. This may not be a result of insecurity or incompetence, but simply being unaware of the potential that you may hold. For example, it’s not uncommon for many professionals to join a certain field, to grow and get promoted, and thus to find themselves tied to one company for most of their lives. There’s nothing necessarily wrong with this, but it can show that if we’re comfortable, we can sometimes avoid branching out as we may have planned previously.
If you find yourself setting... Read More
The United States House of Representatives Judiciary Committee recently passed a bill titled the Marijuana Opportunity Reinvestment and Expungement Act of 2019, or the MORE Act. If passed by the full House and approved by the United States Senate, marijuana would no longer be considered a federally controlled substance, the impact of which is far-reaching.
Currently, marijuana is categorized as a federally controlled substance, along with other substances such as heroin. The MORE Act proposes to decriminalize marijuana by striking it from this list. “With already 33 states and the... Read More