Posts

Return to vendor

You might call them liquidators, or odd lot processors, but there is a whole industry out there called reverse logistics. From http://www.logisticstoday.com/displayStory.asp?nID=6417: Reverse logistics is the process of moving goods from their consumer destination for the purpose of capturing value, or proper disposal. It includes processing returned merchandise due to damage, seasonal inventory, restock, salvage, recalls and excess inventory, as well as packaging and shipping materials from the end user or reseller. Check out the main page cited above. You should also view a a 283 page report on Reverse Logistics trends .

Launching a New Product

Advisors across the state are no stranger to clients who've developed a product that could be the Next Big Thing, if only they knew how to get it to market. Not long ago, the Research Network purchased a compact, 45-page primer on this very thing. It's called "The Complete Guide to Marketing and Launching a New Product," and was published in 2004. Its author, Matthew Yubas, has been a marketing consultant to small businesses for 20 years. Sections in the article are short and simple, providing tidbits on such things as how to price properly; how to brand the product; a launch checklist; using direct mail effectively; and others. Often the text will direct a reader to other sources for additional information. Again, this is a brief introduction to the methods of bringing a product to market, and likely reiterates information that you provide your clients during the consultation period. However, clients who are simply bewildered at where to begin, and how to organi

Tapping into the Hispanic Market

By the year 2020 the Hispanic population is projected to reach 53 million, with buying power projected to surpass the $1 trillion mark by the year 2010. The median income of Hispanic households rose by 20% from $27,977…to $33,565...between 1996 and 2001 while the median for all households increased...6%. Of all ethnic groups, Hispanics frequent the mall the most (10.1 times per three-week period) and stay the longest (91.5 minutes). These factoids and more can be found at HispanSource , a web site devoted to Hispanic market info. This site is a one-stop resource for locating marketing and research findings, reports, and references related to marketing to the Hispanic community. HispanSource is a joint creation of several parties—the City of St. Paul, Minn.; the James J. Hill Reference Library; Aguilar Productions; and Latinocreative.com. All are located in the St. Paul/Minneapolis (Minn.) area. Note: HispanSource is free but requires registration.

On Burnout:

“Burnout is spiritual, physical, emotional and/or mental exhaustion, usually resulting from one or more long-term, unsatisfying efforts. Burnout seems to be on the rise in organizations, resulting in poor health, poor performance and conflicts in the workplace (internal conflicts and conflicts with others).” by Carter McNamara, MBA, PhD http://www.managementhelp.org/prsn_wll/burnout.htm With the pressures of finances and looming deadlines, it is easy for companies to forget that their biggest asset is the people who keep the business going. When negative attitudes are not kept in check, they spread, morale falters and productivity suffers. Managers need to spot and fix problems before they contribute to an overall negative atmosphere. For a very complete explanation of burnout and it’s symptoms and effects, visit http://www.fmi.uni-passau.de/worterklaerungen/burnout.html Negativity in the Workplace Brian Norris Brian Norris is selling something. Seminars and training programs - but he

File it for later

One of the SBDC regional centers actually reproduces much of the information it receives from the Research Network and puts in into a vertical file, by category. Now, I’m not suggesting that YOUR center do that, but you might consider making copies of frequently requested data, information that many clients, and the center itself, could make good use of. Most of what we send out does not change on a weekly or monthly basis. Some of this includes: Traffic patterns Demographic information, especially from the print sources: -Community Sourcebook of County Demographics -Community Sourcebook of ZIP Code Demographics -Lifestyle Market Analyst Industry data specific to the region A new center director came up to Central and visited the library. He indicated that the demographic information we pulled for him will be of use for several of his clients. Also, a center may have a number of requests for the same type of general information, the type included in the DOL packets. Maybe there are

Small Business Blogs

Now that you're accustomed to reading the Research Network blog, you may want to branch out to read other blogs. For example, do a search in Google for "small business blogs" and the results show a plethora from which to choose. Here are a few worth noting: The Small Business Blog from AllBusiness.com Small Business Trends Fresh Inc., the Inc.com Weblog Entrepreneur.com The Entrepreneurial Mind Once you start reading, it's hard to stop. Let us know what your favorite blogs are.

The Business of Art

Visual Artists and Craftspeople The New York Foundation for the Arts tops my list for information on the business of art. They offer articles on all the key topics for any working artist – money, legal issues, marketing, mental health, and also include interviews and profiles on working artists. They also include a classified section and lots of information on grants, fellowships and residencies. Arts Marketing.org A walk through the steps an arts organization (in the broad sense of the word) needs travel to reach their marketing goals. Includes case studies like a look at a successful direct marketing campaign completed by an arts museum, rebranding and attracting the family audience. The Graphic Arts Guild An essential resource for graphic artists, they publish the GAG Pricing & Ethical Guidelines Handbook that every graphic designer should already know but also have a good website that has one immediately useful feature: Ask Mark, a tip sheet with intelligent answers to common