Converting Visitors to Customers

Category:fitness | graphics and multimedia | industrial

We have requested the collaboration of some entrepreneurs who are engaged in businesses of all kinds on the Internet to compile a list of the main reasons that lead to failure of a startup. Many of these are valid reasons for any business that you are thinking of undertaking. Here is the list in order of importance:

1. Lack of a business plan

It is a very common mistake not drafting a preliminary business plan, not having a business planning. We’re not talking only about the document itself, we speak of knowing in advance how we’re going to make money with our idea, basic to any business.

It is customary for a group of technicians assemble a startup with no thought as to return the van. This planning will allow us to also have a roadmap that allows us to grow.

2. Mismanagement of resources

We have a startup capital that will allow us to start our business but we manage it properly. This problem is twofold:

Overexpenditures: Spending in an uncontrolled way and running out of cash. Performed unnecessary or poorly estimated the cost estimate (too optimistic). An entrepreneur can be very valid but led a project can be a disaster in its management. There is never enough money to do things, and if the project has a long development period, there is usually not enough funding to cope with no income.

Lock: We find that we do not know a capital management. We have taken between 6 and 12 months to get the funding and we set a goal once achieved we forget our main objective. We do not know how to invest the capital or if you really needed.

3. Choosing the wrong time

Launch your startup when the market is not mature, when the economy is not a good time (crisis) or when the market was saturated.

If you’re anticipating too much to this market can not yet prepared an example: Some mobile service companies have failed in the 90s.

In times of crisis costs are reduced and customers are scarce.

If you wait to launch your idea too many others have done already, and you’ll find yourself with a strong competition.

4. Bad choice of partners

The choice of partners is more important than what is usually thought. If you do not need not have, so easy. Try to undertake alone, you will have fewer problems.

A very common mistake is to turn a necessity in a partner, for example, a designer or a programmer is not a partner, is a recruiting service. Many of the members who are elected are dispensable. It is a mistake to believe that you can not start without them. You will have a stronger relationship with them than with your wife or friends. If there are conflicts could lead to failure.

The selection of investors is also very important. A person who gives money to a project will most probably not your idea of romantic. Its objective is medium to long term economic and other goals could not understand that you see as relevant entrepreneur (traffic, influence, market position) and generally just looking for a 100% profit and economic success.

Another important aspect, both with partners such as investors, is to make things very clear from the outset. Set either the original objectives, and intermediate outputs.

Reducing Costs in Freight Transportation and Logistics While Improving Customer Service Quality

Category:computer science education | e-commerce | fashion

When a product is ready for use, the clock starts to count down how long it will take to complete the cycle from completing the manufacturing of a product to the consumption of that product. The longer it takes to get the item into the hands of the consumer, the more money a company loses. So how does one streamline this process? By implementing a logistics plan of action, a company can do just that. Larger manufacturers will hire a logistics team that is responsible for the routing of goods from the company, to the freight transportation company, and finally to the end client. They will have a database system to track all inventory. They will monitor inventory levels to make sure that a backlog of supply occurs. The cost associated with storing inventory in a warehouse is often much greater than the expense of shipping products. For this reason, it is very important to carefully control how much stock is stored.

Another responsibility of logistics is to find the most cost-effective means of transportation. Obtaining freight rate quotes and striving to keep these rates as low as possible is a key factor to a successful logistics operation. When the trucking industry was deregulated, it sparked a new wave of competition and lower costs. This combined with improved technology to track and communicate shipments; freight transportation management became a little easier. Being able to follow and trace the cargo more efficiently has reduced the communication errors from supply chain to the wholesalers and retailers.

An additional responsibility of transportation and logistic specialist is to account for accurate transportation times. It is vital for companies to be able to rely and trust that their shipments will arrive in a timely manner. Being well organized accounts for much of this success, but the ability to transport the shipments quickly is also important. Because the country’s infrastructure has improved with better maintained highways and interstates, transportation times have decreased. Freight transportation is more reliable now because companies can more accurately predict when a shipment will arrive. Some trucking companies will even guarantee the precise day and hour that a delivery will be made. This is very important because customer satisfaction is often based around on-time deliveries and accurate accounting of merchandise. This has also helped to reduce the cost of shipping freight, since trucking companies now have reliable, more direct routes to utilize. It indirectly affects cost because better roads create less wear and tear on shipping vehicles.