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Saturday, September 12, 2015

Targeting Your Target Market

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In order to increase your chances of success in business, one of the most important things you can do is advertise. But of course, you have to know what your target market is before you can advertise. After all, without knowing who your target market is, you will not know how to advertise in a way that will be effective for your target market. Once you have figured out what your target market is, it is time for the next step: learning how to direct your advertising at your target market. Follow these tips in order to target your target market.

One of the first things you should realize, in marketing, is that people buy products for one of three main reasons: to satisfy a need, to solve a problem, or to make themselves feel good. Before you can effectively advertise your product, you need to know why your target market is purchasing your product! This is the angle you will want to play up in your advertising.

The next step in targeting your target market effectively is this: learn how to break your target market down into smaller pieces, instead of looking at the whole. It is easy to say, "Our target market is 18-34-year-olds," but it is much more difficult to tailor your advertising so that it catches such a broad group at once. For instance, is your target market typically affluent, or are they more likely to be middle-class? Is your target market married or unmarried, male or female? Are you trying to sell to the blue collar work force or the white collar? By breaking your target market down into smaller pieces, you will have a better understanding of how to market to them.

Finally, you need to actually take the time to do your research! A lot of businesses skip this step, deciding that they "know everything already," and they miss a lot of little things that could help them. The more research you do, the more effective you can make your advertising. A little bit of time in this area can go a long way toward achieving success.

Of course, marketing is an important part of any business or company. But without effective marketing, the whole idea of marketing loses its importance completely! Figure out what your target market is, and use this knowledge to target them effectively.

Friday, September 11, 2015

How To Resolve Conflicts In A Family Business

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The idea that trying to separate "work life" from "family life" can be difficult causes many of people to advise you to never work with family, but if you are already involved in a family business, this advice does not do much to help you; instead, you should acknowledge that conflicts are inevitable in any form of business - and when it comes to participating in business with your family, it is essential that you know how to resolve these conflicts, as they will otherwise be able to injure relationships in both work and family.

The best way to resolve conflicts within the confines of a family business is by having a structured plan in place that you can follow whenever conflicts arise; you need to wait until a time when no conflicts are occurring in order to come up with this plan, as this will enable everyone to give their input into the process without a current issue getting in the way.

If the conflict that you have run into is about something that is minor and interpersonal, the two people involved should work it out between themselves whenever this is possible, avoiding the need for mediation from someone else in the family or business; for such conflicts, a designated room or area should be set aside for the two involved in the conflict to have their discussion, as this will allow the rest of the work space to remain a peaceful environment that is conducive to work while the two in conflict resolve their issue.

On the other hand, if the issue you are dealing with affects the entire company or family, having a process that will allow both sides of the argument to be heard by everyone will go a long way in helping; after this, everyone in the family can vote on the issue to complete the resolution.

Once these processes have been agreed-upon and put in place, it will be easy to follow these processes in order to resolve conflicts at work, without allowing these conflicts to trickle over into your regular family life.

Thursday, September 10, 2015

Making Money As A Freelance Writer

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One of the best ways to be able to "work from home" (which is a dream of many - working in whatever clothes they want to wear, during whatever hours they want to work!), is by becoming a freelance writer - but even though many people are perfectly qualified for and capable of making money as a freelance writer, many of them never achieve this goal because they have no clue how to go about doing this!

Most people think of newspapers, magazines, and other journalistic-type areas of opportunity when they think of freelance writing, but not only is work in these areas scarce, but it will not pay nearly as well as the money you could make doing other things; rather than looking to write for such areas (where competition is high to boot!), look to write for small businesses or for search engine marketers - which will allow you to write for websites and blogs, and will often allow you to write whatever you want!

It will also be important that you expand your base of knowledge if you are wanting to make money as a freelance writer; rather than writing about the things everyone else is writing about, create an "area of expertise" - either becoming an expert in a particular field of writing, or becoming an expert on a particular topic.

And even if you are focusing on a particular area of expertise in your writing (heck, even if you are writing for newspapers and magazines!), one of the most important things for any freelance writer to understand these days is the principles that govern search engine optimization, as this will help you to be far more valuable to websites and blogs than those writers who are at a complete loss as to what search engine optimization means or how they can use it to their advantage. And of course, once you understand search engine optimization, you can begin to use it on your own - and soon, you will not only be working from home, but can be working from home, for yourself!