How You Can Have Your Own Business In 24 Hours

Did you know that the Internet has become one of the fastest ways to start your own business? In fact, the “information superhighway” today is easier than ever, you can have your own website up and running within 24 hours.

Business In 24 Hours

A business home most potential for you to start with a “Plug-In Profit Site”. This article will take a brief look at these online business opportunities to describe what they are and how you can benefit full of them.

The whole concept of plug-in profit site is to rely on affiliate marketing networks to generate income. Affiliate marketing is basically a simple way to reward you for referrals. Merchant agrees to pay a percentage of sales, due to the customer through the site.

As can be credited to your referral from your own site? Through links. Affiliate (including you) will create a website using the Plug-In Profit Site that will put links to merchants website.Then when you’re in traffic and “click through” to the site and a link to your merchant and the customer makes a purchase you get paid depending on the arrangement you have with the merchant, in most cases could be as high as 70% of the sale price.

I know what I think is closed, “yes,” How the hell are you going to get all this traffic to earn money from your website?

Here, the plug-in Profit Site comes into play, have worked hard to figure out how to make affiliate marketing work for you both.They have been developed to teach beginners how to build your own website, advertising, and appeared to begin 24 hours.

So if you have advanced computer knowledge, or you’re a beginner can have your own online business for less than $ 60, with its own website, which can begin to benefit within 24 hours. So what do you expect you should check out this victory today and start tomorrow!

How Is FedBizOpps Useful in Business Development?

Anyone in the know in business development doesn’t get too excited if they happen to see something that looks exactly like what they are trying to bid on when searching FedBizOpps.gov (FBO). The Federal Government is supposed to post all unclassified opportunities over $25,000 on FBO. It is safe to say, however, that FBO is pretty much useless to you for bidding purposes because most of the opportunities that appear there have been discovered already by your competitors.

Your competitors may have been planning for these opportunities for a while, throughout the entire acquisition process from when the opportunity was created to the point of its culmination in a Request for Proposal (RFP) or Quote (RFQ). Rarely do you stand a chance of winning if you pick an opportunity off a website as public and popular as FBO late in the game, once a draft RFP, and especially the final RFP, has been issued. It has probably been “spoken for” or “wired” by some company that has taken its time to prepare.

Why would FBO be useful in business development, then?

It is actually useful for many purposes. Let’s take market research, for example, that every business developer should do periodically to figure out how the market is behaving, and if the company needs to adjust its course. You could use FBO to figure out which agencies buy what you sell. For example, you could search for “marketing communications.” Remember to use quotation marks if you use multiple keywords. See what contracts show up in the results. Make note of the contract titles and numbers that look especially interesting.

You will also see what companies are winning these contracts, and what companies may be issued sole source awards. Make a note of them, because these are your potential competitors or teammates. Look at the details about the contracts’ scope to zoom into the kinds of work you might be interested in bidding on.

FBO is a perfect place to learn about upcoming opportunities for educational and planning purposes and figure out what types of opportunities exist for a company like yours, and what are their key characteristics. You may not be using FBO for something to bid on, but the information on the solicitations is representative of the patterns of your potential customer agencies. You can see who buys what, how they do it, and how much and how frequently they buy.

Of course, you may indeed find some good opportunities in the early stages of procurement that don’t yet require proposals. All is not lost when the government issues a Request for Information, announces “Sources Sought,” or notifies of a “Presolicitation.” You may still have a fair shot at the opportunity if you start preparing right away.

On FBO, you can see what companies are registered to receive notifications about the RFPs and amendments. This will help you with your competitive analysis and teaming strategies. Some contracting officers may even require that your company register on FBO.

You may also use FBO for marketing yourself as an interested vendor to the government and partners.

Another great use of FBO is to find information about vendor outreach events, with its “Search Small Business Events” and “Vendor Collaboration” buttons.

As you can see, FBO has many uses – but all of them should be appropriate to your goals.

Business Development For the Private Labeled Bottled Water Industry

The private labeled bottled water industry is exciting with tremendous growth opportunities and the ability for suppliers to offer their customers and strategic partners creative, effective advertising solutions.

But like any business, care is required to develop the business in a profitable way and the best way to do this is to establish a focused business development effort that utilizes the tools and techniques established by successful business.

The first step is to define the concept “business development”.

Definition:

Business development “includes a number of techniques designed to grow an economic enterprise. Such techniques include, but are not limited to, assessments of marketing opportunities and target markets, intelligence gathering on customers and competitors, generating leads for possible sales, follow up sales activity, formal proposal writing and business model design.

Business development involves evaluating a business and then realizing its full potential, using such tools as marketing, sales, information management and customer service. For a sound company able to withstand competitors, business development never stops but is an ongoing process.” (source: Wikipedia)

From this definition it is clear that business development is more than closing the sale and each technique requires detailed planning and follow up.

Using the concepts of business development, it is possible to establish a profitable private label water business but it takes considerable initial and continuing effort.

The following case study involve a fictional Bottled Water company that entered the private labeled bottled water business. For discussion purposes it will be called ABC bottler (“ABC”)

Unique Value Proposition:

An initial challenge is the development of a Unique Value Proposition that answers the question “Why should I buy from you”.

After a review of the market and the competition it was determined that private labeled bottled water was a powerful, cost effective, advertising vehicle but because a customer’s brand was affected, high product quality and customer service was required. ABC’s Unique Value Proposition was established and stated:

“ABC will provide powerful and cost effective advertising and brand promotion for its customers based upon the highest quality consumable private label water, label design and customer service.”

Marketing and Target Markets:

Field and internet research was conducted with the basic question being: What are the characteristics of industries are most likely to use our product at a price that is profitable to us. Key characteristics were developed:

  • Prospects that provide a quality product or service.
  • Industries operating in a competitive market environment where product/service differentiation was critical.
  • Prospects that required drinking water for customers, clients or prospects.
  • Prospects that maintained a quality brand image.

Initial research indicated that the following industries were initially high potential targets:

  • Hospitality (Hotels and Spas)
  • Banking
  • Mortgage Brokers
  • Real Estate
  • Ski Resorts

Sales Channels and Market Access:

It was decided that two channels would be used to go to market – direct selling and e-commerce. An e-commerce site was developed that allowed customers to design their own label for the bottles or provide an existing design consistent with the customer brand strategy. Search Engine Marketing and Optimization techniques were used to promote this channel.

A direct sales staff was formed to develop and close sales opportunities and these efforts were supported by a direct mail campaign and networking with local chambers of commerce, local trade associations and lead sharing groups.

The sales effort, after a series of initial false starts and disappointments matured successfully as we reviewed and revised the fine points of our effort.

Product Quality and Customer Service:

ABC’s corporate strategy for all products was to stay at the high end of the market and this was particularly true for private label bottled water where the market is characterized by cutthroat competition and many low quality vendors who are slashing prices and selling on price rather than quality.

ABC focused on three areas of quality:

  • Water purity – ABC used a steam distillation/ozonation process that guaranteed 99.9% pure water that tasted delicious.
  • Label Design Quality – ABC used an in house professional designer to guarantee label design quality.
  • Label Print Quality – ABC used laminated label stock that was extremely durable and water proof and used digital or flexo printing technology to guarantee quality.

Customer service was particularly important as ABC established a reputation for delivering on time and correctly. If mistakes occurred, and they did, ABC adopted a no questions asked guarantee. ABC established a reputation as a reliable vendor for its customers.

The business became a successful mainstay of ABC’s business but only because it developed a planned, business development process that was reviewed constantly and made changes that the market required.