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Small Business

What is Account Planning?

Every member of a company is responsible for its success by enhancing its brand equity. Perhaps you are a brand manager responsible for a specific brand or portfolio of brands. Maybe you are the president of a company or a marketing director. Or maybe you are an account planner, or account manager, or even president of an advertising agency. Perhaps you are in charge of developing a hypothetical advertising campaign for an advertising or marketing class. Regardless of your title or situation, how your brand or company is positioned and perceived in the marketplace is crucial to your success.
Positioning your brand and then figuring out how that positioning is to be reflected in all forms of communications can be a daunting task. Ensuring that all the time you spend positioning the brand is properly executed internally within the company and externally among the consumers is vital to the growth of the brand. There is nothing more disturbing to a brand manager than when the sales force sells the brand as an inexpensive alternative to another brand while the agency is advertising it as a premium product. Or perhaps you have positioned the brand to appeal to a discriminating adult only to find that your media plan is targeting the great unwashed. Yet these types of disconnects happen every day in hundreds of companies.
It can be a difficult task to pull together a brand's position and to get that position properly reflected in all the appropriate marketing communications in the marketplace. The process itself can be confusing and sometimes elusive. The simple fact is, you cannot develop relevant communications and then hope to evaluate its impact on the brand without proper planning. The purpose of this book is to help bring clarity to the job of linking brand positions and communications. This task revolves around the art and science of account planning.
Account planning can be a job or a department, or it might be a process within an advertising agency or within a marketing group. No matter how account planning is being handled on your brand, it is one of the most important aspects of getting your brand ready for the growth it deserves.

Guide to twitter - what you should know about twitter

Tweeting is becoming very common, do you know the techniques to effectively tweet. Here are some tips for you

  1. When i tweet who will see it - twitter is for anyone who follows you or interested in you.
  2. have a short twitter handle, like @directutor
  3. Use an application like TweetDeck (our choice), Hootsuite, Seesmic or a mobile client if you tweet from your phone.
  4. Tweet as much as you can... people tweet a lot and your tweets can be lost
  5. Regularly tweet, make a habit of tweeting at intervals. make patterns so that your followers will habituated.
  6. keep your tweets original and interest gaining
  7. Re-Tweet, make yourself heard.
  8. never spam your followers
  9. try short URLs, like bit.ly
  10. Use hash tags like #directutor.
  11. Tweet when you blog

 

How to make money from twitter?

Ever wondered why all the celebrities are joining twitter? Charlie sheen said “I am unemployed” and joined twitter. So how is he making money? Who is paying for tweeting?
Here are few budding ad agencies buying tweets. Be a magpie and ad.ly are some of the new age marketing firms. You can join these ad agencies and sell your tweets. You need to tweet their ads. Anyone over 18 years of age and a Twitter account can register as publishers on the Magpie. You should also have a pay pal account.
Earnings are actually depends on your followers, more followers more money. Recently one cent, Kim Cardassian, Charlie sheen joined twitter and earning big buck.
Good luck tweeting!

Five Stages of Small Business Growth

Categorizing the growth of small business into defined stages looks confusing at first, if we look little closer we can derive follwing stages.

  1. Existence
  2. Survival
  3. Success
  4. Take-Off
  5. Resource Maturity
The Ten Commandments of Small Business

I.Before you Start business write down the business plan!
II.Employees are most importent factor in success, build loyalty
III.Deligate and make employees accountable to the actions
IV.keep getting better in management
V.Make sure you have strong relationships with vendors, employees, customers, and advisors.
VI.Competitive pricing is key when you don't have big name, more saving to customers mean more profit to you. 
VI.Quality is key, Make sure your not compromising on quality
VII.Strive to be the "Low Cost high qualtiy" manufacturer
VIII.Balanced growth - make sure your profitable and still grows.
IX.Create Excellence in Operations and Execution
X.Establish process and policies 
 
XI.    Thou shal make a profit!!!

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