Who said nothing is for free?

Written by Nicole Seekely

So many people wonder how companies can afford to give away freebies. I received 250 business cards for freerepparttar other day and my friends couldn't understand how I got so much free stuff. I said, "You just fill out a survey and they send you something." But there's much more to it than that. One ofrepparttar 119090 main reasons companies give out free samples is to give customers an incentive to go to their site. Often times, users will buy additional items if they're on sale. Giving out freebies is not only a cost effective way of promotion but also can be a viral marketing strategy since most people who requestrepparttar 119091 freebie tell their friends about it, who tell their friends about it, etc. Still, giving away free offers can create a major dent inrepparttar 119092 company's budget. Some businesses offsetrepparttar 119093 price ofrepparttar 119094 freebie by having sponsors. There are many ways to go about this. Many have co-registration checkmarks onrepparttar 119095 form, or requestrepparttar 119096 person's e-mail address to keep them updated on new products. It's important to keeprepparttar 119097 cost ofrepparttar 119098 freebies down even if there are sponsors. Generally, freebies are .50 cents to a dollar, but it depends onrepparttar 119099 kind of arrangement each company has withrepparttar 119100 post service. Another big reason companies offer free samples is to get return customers. Giving away freebies is a great way to generate trial and awareness. Obviously, if a user receives a product inrepparttar 119101 mail, tries it, and likes it, they're going to probably buy it next time they see it inrepparttar 119102 grocery store or online. Normally companies expect 10 percent of

How to Become a Dot Com Millionaire (Part 1)

Written by Jim Barrington

The news is full of bright young things earning instant fortunes fromrepparttar Internet. Virtual businesses are not justrepparttar 119089 domain ofrepparttar 119090 young. In this 2-part article, James Barrington of Netsightuk.com shows you how to joinrepparttar 119091 growing ranks of successful e-entrepreneurs and get wired for success.

Firstly, it is important to remember that over 80% of existing Internet firms will dissolve withinrepparttar 119092 next year without making a single penny in profit. Stories about instant fortunes made fromrepparttar 119093 Internet are often hugely inflated and, whilst founded in fact,repparttar 119094 money is often invisible and has not been converted to cash inrepparttar 119095 owners bank account. The title "Internet Millionaire" is not simultaneous with profit or hard cash. For every successful Internet business, there are hundreds still trying to attract repparttar 119096 attention of investors, and many will simply not succeed. It is expensive and very hard work to start a long-lasting and profitable Internet venture. This is reality and it is fickle. Still want to proceed? Read on.

>Fromrepparttar 119097 very beginning you need to understandrepparttar 119098 Internet will take you in front of a worldwide audience of potential customers. An understanding of howrepparttar 119099 Internet works is desirable but not essential. You only need to know that one computer containing your information can communicate with others on a global scale and this can be used for selling your services usingrepparttar 119100 Internet asrepparttar 119101 road network. Similar to repparttar 119102 way you would stop at a motorway shopping mall to make a purchase on your journey, people also stop at your virtual shop (website) to browse around and buy your products. The rest is all mechanics and if you have no wish to be technically literate, then leave it up torepparttar 119103 programmers and designers, as this will be their job.

Rules for Success Setting up an Internet business is notrepparttar 119104 same as setting up a venture inrepparttar 119105 physical world, howeverrepparttar 119106 same basic tenets of business apply. They are: - (a) Research (b) Planning (c) Positioning (d) Forecasting (e) Market Testing

Broadly speaking this coversrepparttar 119107 following research areas: - 1) Viability - Is there a need for your concept, products and services? 2) Market - How big is it? Who arerepparttar 119108 competitors, customers, and suppliers? 3) Trends - What arerepparttar 119109 buying habits and market influences? 4) Triggers - What turns people on to make their purchases? 5) Positioning - What will make your venture different from others? 6) Costs - How much will it cost for you to service/supply torepparttar 119110 market? 7) Revenue - How will you generate revenue in order to achieve profits? 8) Profitability - How much profit can you make over a given time period? 9) Growth - How willrepparttar 119111 venture grow and evolve in a controlled way?

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