Does it Make Economic Sense to Buy Locally in This Internet Age?

Much has been written about the advantages of shopping and buying products online or from big box retailers. But does buying locally offer any benefits the Internet and big box stores can't match?

Does Giving Away Products Bring Business?

The idea of giving away free trials and samples of products or services has been around for many years. From high-tech software companies to sidewalk food vendors, it's a strategy that has continued to prove its value through the years. Even after taking into account the associated costs, the ROI has proven attractive for many businesses in both the real world and online.

Spice up your Coupons!

In today's competitive business market, a 10 percent off coupon is rarely enough enticement to convince customers to purchase from you versus your competitor. Here are a few creative ideas to spice up your coupons:

Your Competition Wants Your Customers

Competition is a part of business life. Some would argue that competition forces businesses to strive to get better at what they do for the fear of losing customers to rivals. Losing a few customers periodically is inevitable. However, losing too many (especially your best customers) must be avoided at all costs.

For most businesses, the top 20% of their customers account for 80% (or more) of their profits. While much thought and strategy typically go into bringing in new customers, not enough is spent on retaining existing customers. That's where the real gold lies.

Why You Need Rituals in Your Business

If you've been in your business for any length of time, you've probably fallen into a routine set of habits that take up parts of every day.

The dictionary defines a habit as "an acquired behavior pattern regularly followed until it has become almost involuntary." Sound familiar?