Real Networking

Written by /"Wild Bill/" Montgomery


Continued from page 1

Don and others like him are my Real Network. Ifrepparttar occasion arises I will send Don some work. (Note: Be cautious here. From other sources I already know Don's capabilities and business tactics. He's experienced and fair. Do not risk other network connections by referring them to someone who is, shall we say less than reputable). But whether I send any work Don's way or not, I've openedrepparttar 106769 door to a whole new network of possible contacts. This conversation alone will stay with Don. I am talking to him as a friend, willing to do him a favor ifrepparttar 106770 occasion ever arises. For which in turn I am hoping, not expecting Don will dorepparttar 106771 same. I have measuredrepparttar 106772 chances and thought that Don deserved my attention and a place in my network. If I am successful, Don will feelrepparttar 106773 same.

Well, it's been a little over a year since then and my association with Don, which still is limited to talking and joking around atrepparttar 106774 health club, has netted me, or Networked me 7 new clients. 3 of which Don referred to me directly, and 4 which were referred by his referrals. That my friend may seem like small potatoes to you, but neverrepparttar 106775 less is Real Networking.



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Benchmarks for a Winning Web Business

Written by Rob Spiegel


Continued from page 1

"Today's online consumers are more technologically savvy, more impatient and most importantly, want to spend more of their shopping dollars online than they ever have before," says Michael Silverstein, senior vice president and global leader of BCG's Consumer Practice group. "Unfortunately, online retailers haven't kept pace. Consumer enthusiasm forrepparttar online channel is growing faster than online retailers' capabilities. Elusive profits will occur whenrepparttar 106768 online retailers getrepparttar 106769 profit equasion right."

The BCG report finds that some categories are doing a better job of satisfying customers than others. The books and health-and-beauty categories stand out asrepparttar 106770 best performers, with customers saying they are satisfied with their experiences 31 percent ofrepparttar 106771 time. The leisure travel and computer hardware categories haverepparttar 106772 lowest numbers with only 20 percent experiencing satisfaction with their shopping. These last two categories, are big-ticket purchases. Consumers naturally have higher service expectations when buying a $400 plane ticket or a $1500 laptop than they do when they purchase a $15 book. Yetrepparttar 106773 service at a book site is often better thanrepparttar 106774 service at a travel site.

Web sites need to addressrepparttar 106775 five critical benchmarks simultaneously to be successful. The report finds that a piecemeal approach will not bring positive results torepparttar 106776 bottom line. All of these benchmarks are tied intrinsically torepparttar 106777 buying experience. "Online retailers need to tailor their offerings forrepparttar 106778 high-value customer segment and cement loyal relationships by delivering a flawless consumer experience," says Stanger.



Rob Spiegel is the author of Net Strategy (Dearborn) and The Shoestring Entrepreneur's Guide to the Best Home-Based Businesses (St. Martin's Press). You can reach Rob at spiegelrob@aol.com.


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