Archive for the 'Brand Management' Category

Day Trading with Options in the Market Place for Newcomers, Using Hints and Information

Posted in Brand Management, Money Making, Weblogs on January 30th, 2010

Investing with options can be an fun possibility. Specialists in the industry usually label them the only genuine way of hedging and in many ways this is correct. Each time options are employed correctly, they let potential traders to hedge, protect their gains as well as protect against their losses.This looks fantastic doesn’t it? and it is, although the thing is even though most people know the opportunity of trading through options few truly realize how one can literally accomplish this. Quite simply options are generally very poorly understood.One of several causes of this really is the options education industry. A lot of coaching businesses in fact keep to teach how to trade options back to front. Organizations provide all the fundamental techniques and systems which are able to be utilized to implement the advantages of options and then leave people to begin trading live using them. Though, that leaves people without really appreciating the direction to go next. They know how to employ options but, not really how to uncover an opportunity in which to use options.The thing folks really need is Options Trading System to be explained once they recognize the right way to find the places when options are able to be applied. There are a few businesses that do train in this way however. Take a look at terms like options university reviews in the search engines to get a good example of such a business.

Choosing The Right Business Name

Posted in Brand Management on November 3rd, 2009

Sometimes, new entrepreneurs are in such a rush to get started at their businesses that they jump right into working with customers without giving much thought to their BUSINESS NAME. “I’ll just do business under my own name for a while, until I find something I like.” While it seems easy at the time, you might want to re-think the plan to change business names down the road. You will find that, as your professional recognition and customer base grow, people have started to IDENTIFY you with the name of your company. A name change in mid-stream can be costly and confusing.

First, you will lose ground in the marketing arena — it takes time and effort to build up BRAND RECOGNITION, and that time is lost when you change names. You may also lose customers to the competition — what are they to think when they go looking for “Joe’s Mobile Car Wash” in the yellow pages and you’ve changed your name to “Fast and Easy Auto Detailing?” They might think that you’ve gone out of business and it’s time to find someone else to clean their cards. And finally, changing names can cause you increased PAPERWORK and EXPENSE — changing your bank accounts, credit cards, marketing materials, incorporation documents, DBA registration, etc. So why not get it right the first time? Here are some suggestions for choosing a business name that will serve you well for years to come.

IS IT MEMORABLE?

When people hear the name of your company, will they be able to REMEMBER it 15 minutes, 30 minutes, 3 hours, or a week later? When they decide to hunt you up on the web or in the phone book, will they be able to easily recall your business name? It doesn’t matter if you are choosing a fictitious business name or using your own — the same rules apply. Your name should be UNIQUE enough that it will stick in a potential customer’s mind — “Smith’s Gym” isn’t going to be nearly as easy to remember as “Work That Body.”

You also want to stay away from names that are likely to be CONFUSED with another company. You may think it’s a cute idea to come up with a name that closely resembles (without exactly copying) another company’s name. But calling your personal coaching company “Joys-R-Us” is confusing, unoriginal, and likely to bring about a lawsuit! And beware of phrases or ACRONYMS that are overused in your profession. You wouldn’t believe how many Professional Organizers use some combination of words that spell out SOS (usually “Someone’s Organizing Solutions”). Your company will stand out more if your name is truly unique.

IS IT EASY TO SPELL?

However, the next question is “when they do recall it, is it easy enough to spell that they can immediately find your listing?” You want to stay away from challenging spellings and pronunciations. Calling your restaurant “Phine Phoods” is just asking for trouble — how is your customer going to know to look under “p” instead of “f” in the phone book? And if your last name is Piccalopoupoulis, you may be better off creating a fictitious business name. A good rule of thumb to follow is to pay attention to what happens when you tell other people your name — if you are always having to SPELL or PRONOUNCE it slowly, it will be hard for people remember and find later on.

This is particularly important if you are planning to turn your business name into a DOMAIN name. Websites with long or hard-to-spell names get overlooked during standard searches. And try to avoid having to include a hyphen or underscore in your name to make it appropriate for the web. Short, snappy, easy-to-remember names work best in the translation from brick-and-mortar to internet.

DOES IT DESCRIBE YOUR COMPANY?

Will customers learn something specific, unique, or descriptive about your business, just from hearing the name? Will they get a feel for WHAT you provide or HOW you provide it? Many individual service providers try to sound like high-end firms by using some derivative of their first and last name for their company identity - “Joanna Carrol and Associates,” or “JC Consulting,” or “Carroll and Company.” But what does that really tell a potential customer about your company? I don’t know if you are an insurance agent or an attorney or a professional organizer. Include something in your name that describes your product or service — “JC Graphic Design” — so customers aren’t left WONDERING what type of business you have.

You can also include some information about those special CHARACTERISTICS that make your business DIFFERENT from the competition. Okay — so you’ve told me that you are a printer. Why should I hire you instead of the printer down the street? You might be faster, cheaper, provide better quality, have more experience, offer a higher-end product, or provide more services than the other guy. If it’s appropriate and pertinent, include one or two of those traits — “JC Full-Service Graphic Design” — in your name.

DOES IT LIMIT YOU?

If you are joining an industry that allows for “branching out,” be careful about giving your company a name that traps you in a very small service area. For example, a company that starts out putting in tile floors — but has plans to expand into vinyl, hardwood, and carpeting down the road — wouldn’t want a name like “TileMasters.” Something more along the lines of “FloorMasters” will give the company the FLEXIBILITY they need to grow and change later on.

And if you have intentions of ever expanding your service area, you need to be careful about a GEOGRAPHICALLY limiting business name. “Hair Over Atlanta” isn’t going to work as well when you open locations in Seattle and Los Angeles and New York. Be sure to check the US Patent And Trademark Office’s online database (http://tess.uspto.gov) to make sure your name is available for national use before you start printing it on your cards.

You also have to stop and think about whether naming your company after yourself — “Bob’s Bar and Grill” — will limit you in a different way. If you have ever read “The E-Myth” by Michael Gerber, you know that having customers identify your business as an EXTENSION of you brings about its own special pitfalls. You become indispensable to the company — people get used to seeing Bob behind the counter every night and that’s what makes it “Bob’s” — the business can’t run without you. And if you ever decide that you want to take a break, let someone else run the place on your behalf, or sell the company, you will run into a roadblock. Quite often, what seems like a great way to PERSONALIZE your business ends up turning it into a stone around your neck.

This business is your baby, your investment in the future, and you will have it with you (hopefully) for a long time. Don’t short-change your business by skipping out on one of the most important steps you will take during start-up — selecting just the right name.

Ramona Creel is a Professional Organizer and the founder of OnlineOrganizing.com — a web-based one-stop shop offering everything that you need to get organized at home or at work. At OnlineOrganizing.com, you may get a referral to an organizer near you, shop for the latest organizing products, get tons of free tips, and even learn how to become a professional organizer or build your existing organizing business. And if you would like to read more articles about organizing your life or building your business, get a free subscription to the “Get Organized” and “Organized For A Living” newsletters. Please visit http://www.OnlineOrganizing.com or contact Ramona directly at ramona@onlineorganizing.com for more information.

Branding - More Than Just a Statement - A Memory Scar

Posted in Brand Management on November 2nd, 2009

Conjure up in your mind broad rolling meadows with runs of cattle or stock of some type, all discriminate by virtue of a registered brand. That’s a most common and accepted understanding of branding.

You have just now used your mind to develop a picture that promises easy recall. You may not yet be aware but there’s always a new secret marketing aid being developed and made available … nearly every day of the week.

I’d be one of many that could point out who the target group is for all of these hidden treasures and industrious salespeople. But if you’re reading this, then take a bow and a large step forward! You are in fact the “demand” component of the supply that’s being generated.

Now what happens when you also join the ranks of the industrious? It doesn’t take a whole deal of thinking to recognize that you can easily get lost in the traffic, especially if you are starting up a business of your own. Being known as an absolute is a very real way of defeating some of that traffic; not the only way but a very effective one.

Your general copy writing and headline creation tactics certainly help the cause but in a saturated market environment you need to embrace every advantage.

Exactly what then, can you do, to be noticed? Question well asked and the answer ….. consider branding yourself.

The reason branding works is that it gives individuality to the value you provide to those that come to your site. If they don’t come to your site then its through your e-mails, e-zines, blogs and advertisements.

It makes folk recall your Site and perhaps even prompts them to bookmark. Do it right and they might even opt to scan for forthcoming product that carries your brand name.

You’ll be far more noticeable if you can create something that settles on someone’s mind. Catch the imagination of your readers, use unique or quirky themes and make that difference that magnetizes your audience.

By way of example, let me relate a branding experience using a quick story…. tangent if you will.

There’s a huge red rock located in the middle of Australia that was at one time known
as Ayers Rock. More recently it has adopted the term Uluru.

The rock and the country around it belong to a group of Aboriginal people called Pitjantjatjara and Yankunytjatjara.

So, the people also have been renamed and are now referred to as “Anangu” because it’s easier.

These people have a history rich in story and in this case they identify the various faces of the rock using that approach.

One saga goes something like this….. A long, long time ago, in the time of the Tjukurpa, which the Aborigines call the dreamtime, the animals gave shape to a rock.

There was a young woma python, or Kuniya, that was passing by and was surprised by a group of Liru, which are venomous snakes. Kuniya, not being from that area, was affronted by the Liru who threw spears at the python and killed him.

So hard did they throw their spears that the points made holes in the rock.

The Pythons ancestor, also a Kuniya, was so angered by this that he killed one of the Liru with a stick.

So, on the west face of the rock there are holes that are said to be from the points of the Lirus’ spears and on the south face of the rock, Kuniya the woma python can still be seen as a dark wavy line on Uluru.

Now the story in itself doesn’t mean a whole lot but if you are ever able to visit Uluru, you will happen to find a south and a west side of the rock that now has individuality because it’s been branded.

To any one else this is simply a rock but to you, you now know there exists Western and Southern rock walls that hold special understandings. These are unique and remembered even if not in the original light.

Get yourself branded and stand out from the rocks that exist in your niche marketplace.

Start with your ads, an article or two and build from that into your website. Regardless of what appearance might do to enhance any efforts, it’s generally how you stick in a customer’s mind that produces results.

Dave Jones, is a business promoter hoping to encourage new starters into improving their financial futures http://www.work-at-home-create-opportunities.com is his latest project to help other people make a full-time living doing part-time work from home. For more info, you can visit or contact Dave at livesupport@work-from-home-affiliate-options.com

TruRepution Score: What’s Your Reputation Score?

Posted in Advertising, Brand Management, The Commercial Life on June 25th, 2009

TruReputation, a division of Visible Technologies, has announced the release of an online tool that can measure your reputation. The TruReputation Score aggregates your top results, and then lets you score them on a scale from one to five, five being friendly and corporate sites, and one being a site that is openly hostile to your name and brand. After you score each site (the TruReputation Score provides you with direct links to each site in a convenient list), the score is then totaled to see where your reputation is.

The total score is ranked on a scale of 0 to 500. If your score is anywhere from 300 to 500, you have a positive online reputation. For example, venerable billionaire investor Warren Buffet has a TruReputation score of 439; it’s likely his extensive philanthropic work and renowned business acumen has led to such a high score. However, even a highly respected figure like Warren Buffet has to deal with people saying negative things about him. Even if your reputation is stellar, it doesn’t hurt to let TruReputation be your “insurance policy” against unexpected attacks against your good name.

If your TruReputation score falls below 300, you definitely have your work cut out for you. Fortunately, TruReputation can help you when hostile entities are trying to tear your name or brand down. TruReputation can show you the way to a better online reputation, and bring your TruReputation score back up to the 400s.