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economic downturns Tagged Articles
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The Future of Sales
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| For centuries, the sales model has been focused on placing a solution. Given the complexity of business these days, having the right solution to manage a ‘need’ is not enough to help buyers choose your solution.
Buyers live in a very complex world now. With global stakeholders, economic downturns, enlarged decision teams, and an almost limitless number of options – all available at the drop of a hat – competition is far more complex than being addressed by us having a good solution and giving great service. And as a result, we’re having greater difficulty closing sales. We’d like to think it’s ‘the economy, stupid.’ But in reality, the problem is more complex. |
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Don’t Let the Media Kidnap your Intellect
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| These days it seems the message being sent to everyone is how to survive in this turbulent economy. However, if you are following best practice you should be looking for ways to thrive instead. Media sensationalism tries to kidnap your intellect through continuous coverage about the economic downturns; lay offs, and stock market fluctuations. How you react to this attempt to smother you with negative information is what will determine your success or failure. |
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Ultimate Productivity
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| We are all being bombarded daily with reports of business failures, economic downturns, home foreclosures, inflation threats, and the ever-present dreaded monster known as recession. There is very little, if anything, that you and I can do about these conditions on a global or national basis, but we can have an immense impact where it really matters in our own home and business.
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Getting the Picture: How Eastman Turned Kodak into a Star
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| Eastman once said, “What we do during our working hours determines what we have; what we do in our leisure hours determines what we are.” |
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Marketing Opportunities in Difficult Economic Times
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| "Business as usual" is NOT the most effective strategy for surviving/thriving during economic downturns. Consumers don't stop buying during tough times but they do buy more cleverly. And they spend A LOT more time researching their purchases, seeking advice from friends and associates and otherwise doing their homework. Recession Marketers need to refine their tactics as well.
In this article we share 7 essential tips to help you sharpen up your offerings (and actually most of these tips contain useful advice for marketing more effectively in ANY economy, good or bad).
You won't blossom in 2010 simply by acting as if it's business as usual. Nor is it a time to hide your budget under a bushel. As one major advertiser summed it up: "When times are good, you SHOULD advertise. When times are bad, you MUST advertise." |
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Use This Simple 3 Circle Strategy To Increase Sales
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| Sales is demanding especially during challenging times from economic downturns to increased global competition. Here is a simple strategy to get you back on track. |
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Coaching through the Recession
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| Tips to get businesses through the recession. |
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Hidden Opportunities in Economic Downturns
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| Despite the economic conditions, or more appropriately because of the economic downturn, now is the time to seize the advantage. It may sound counter-intuitive, but a downturn opens up rare opportunities to outmaneuver rivals. Many companies simply fail to see the opportunities hidden in economic downturns. |
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Quick Tips For Hiring In A Recession
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| Companies that are surviving and even thriving in an economic downturn face the daunting task of sifting through a mountain of job applications for any position they have open. Successful recruiting in this kind of economy boils down to information management. Hiring managers need to take advantage of the high supply in the job market and pull in the right people who can take your company to the next level. |
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Work At Home Trumps Having A Job Every Time
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| Work at home is a growing trend among people who want to create and control their own income. Work at home trumps having a job every time. A job is defined by the employer. You are hired because you have the skill sets that match the scope of the tasks needed for the job. You will always be limited by what the employer needs to move his company forward. It does not matter how good you are at your job, you will never exceed the expectations of the employer. It is possible to be rewarded for exceptional work with a promotion and higher pay. The opportunities for advancement are limited and the competition can be fierce. No matter how high you climb the corporate ladder you will never reach the top. You can turn that around when you become the owner of your own home based business and are committed to work at home. |
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The Economic Stimulus Package Can Help YOUR Business
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| Taking Obama’s strategy to the next level is encouraging the “risk takers” to step up. They are the entrepreneurs and small businesses. Entrepreneurs and small business owners are agile, hungry for success and quick on our feet, unlike our cousins the large companies, who are busy circling their wagons, laying people off and retrenching.
I cannot emphasize enough how important a time this is for us all in our businesses. It is during these economic downturns that businesses and markets reinvent themselves and evolve the markets and economy on to greater heights.
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Buying a Franchise vs. Starting a Business ©
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| During economic downturns, many employees get laid off from their jobs. They are then faced with the question of what they do next. They may file for unemployment benefits and look for another job. Others may consider buying a franchise or starting their own business. This article discusses the advantages and disadvantages of buying a franchise versus starting a business from scratch. |
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How to manage your way through an Economic Downturn
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| Challenging economic downturns expose floors in most businesses and organisations which will include some of your people, and in turn will have an adverse effect on the overall performance of the company. Staff can become despondent, de-motivated and unsure of their future which will eventually affect customer service, quality, efficiencies and production.
To be successful you will need to manage your people better than ever before, retain your top performers and where a vacancy exists utilise only the most robust recruitment processes to identify a candidate that can bring talent and where possible portable assets with them.
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Taking Current Customers For Granted Is Something Your Business Cannot Afford
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| With the down turn in the economy, many businesses are actively seeking new customers by offering special pricing, extended terms, anything that may get new customers off the dime. However, these actions may be ticking off current and potentially loyal customers. |
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Why the Talent War is Dead and How Fast Training Accelerates Economic Growth
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| Arupa Tesolin examines how the myths of looming talent shortages during an economic recession can be compensated with fast-track Learning Paths |
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Keeping Your Employees Focused in an Uncertain Economy
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| In these tough times it's becoming more and more difficult to keep employees focused and motivated. This article gives business owners a few tips on how to keep employees motivated and focused in these tough economic times. |
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Luxury consumption: will it really be affected by recession?
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| Will this looming recession have an impact on luxury consumption. In my understanding, not as much as it previously did. In this article I explore the reasons why there will be little effect of recession on luxury consumption. |
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Business Killer Mistakes You Cannot Afford
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| One advantage to thousands of years of history to look at, is there are things that work in business, and things that don't. This is not a history lesson though, it really a look business killer mistakes you don't want to make, and solid principles that will guide you to success in any economy. With the serious threat of recession looming, this is even more important. |
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Policies and Regulations: Constraints of growth-oriented enterprises
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| The enabling environment is important-especially as the enterprise grows. This would appear to be related to the fact that the larger the enterprise becomes, the more difficult it gets to operate outside the formal economy. In talking about the enabling environment entrepreneurs tend to emphasize macro-economic conditions per se, rather than specific regulations. This implies that they are quite capable of working their way through (or around) regulations, but that they find it more difficult to deal with economic downturns.
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Fiscal Balances and Growth
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| A prudent, sustainable fiscal position promotes economic growth. |
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Other economic downturns Related Articles
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Policies and Regulations: Constraints of growth-oriented enterprises
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| The enabling environment is important-especially as the enterprise grows. This would appear to be related to the fact that the larger the enterprise becomes, the more difficult it gets to operate outside the formal economy. In talking about the enabling environment entrepreneurs tend to emphasize macro-economic conditions per se, rather than specific regulations. This implies that they are quite capable of working their way through (or around) regulations, but that they find it more difficult to deal with economic downturns.
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Smaller Crowds Hold Hidden Potential: Exhibiting During Economic Downturns
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| Economic cycles have very real and immediate consequences on the tradeshow environment. When times are good and there's lots of money floating around, tradeshows can become lavish events, with teeming crowds treated to extravagant displays and over-the-top exhibiting.
On the other hand, when the economic indicators aren't so good, the tradeshow starts to look a little bleak. Exhibitors scale back and the crowds get smaller. This trend holds true among all industries; some are hit harder than others, but most see a significant decline in attendance numbers during economic downturns.
Surprisingly, that's great news for exhibitors. |
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Niche Marketing is Essential During Economic Downturns
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| Trying to be all things to all people is hard work even for the healthiest and strongest amongst you. This challenge is compounded when economic challenges run rampant through the environment: rising costs, shaky consumer confidence, and an increasingly crowded marketplace, with several vendors all desperate to capture as much of the market as possible.
There's a common misconception that people stop buying products and services during economic downturns. This is simply not true: unless the economy is in such a dire state that it practically ceases functioning entirely, people still buy. Their wants and needs don't evaporate during down cycles: instead, most customers become more selective during their purchases.
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Profitable Online Business Ideas and the Recession Part 2
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| Many people feel that during economic downturns, they need to pull back or "tighten their belts." But could these economic times be just the time to create a profitable online business? |
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Hidden Opportunities in Economic Downturns
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| Despite the economic conditions, or more appropriately because of the economic downturn, now is the time to seize the advantage. It may sound counter-intuitive, but a downturn opens up rare opportunities to outmaneuver rivals. Many companies simply fail to see the opportunities hidden in economic downturns. |
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Don’t Let the Media Kidnap your Intellect
| |
| These days it seems the message being sent to everyone is how to survive in this turbulent economy. However, if you are following best practice you should be looking for ways to thrive instead. Media sensationalism tries to kidnap your intellect through continuous coverage about the economic downturns; lay offs, and stock market fluctuations. How you react to this attempt to smother you with negative information is what will determine your success or failure. |
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Use This Simple 3 Circle Strategy To Increase Sales
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| Sales is demanding especially during challenging times from economic downturns to increased global competition. Here is a simple strategy to get you back on track. |
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Training and Development in Economic Recessions
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| During economic downturns, companies typically choose to cut training budgets as they are often viewed as a luxury when times are prosperous. However, investments in training with a clear, concise plan as support during economic downturns actually work to maintain overall performance and lower costs, keeping the company competitive. |
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How To Avoid Potentially Fraudulent Business Opportunities
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| There are a lot of opportunities available for people who are interested in entrepreneurship. Due to the economic downturns, more employees lose their regular corporate jobs, resulting to a drastic increase in the number of individuals who want to start and run their own business. |
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Selling in the NOW Economy
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| There is a lot of chatter out there about the great downturn in the economy and its potential impact on you and me. In the sales world, there are a lot of articles popping up all over advising all on how to sell in economic downturns, recession proof selling, five key things to do in a down market, 3 must haves to protect your sales when the sky is falling and a lot more. |
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