All posts by Indiana Stump

Basic Tips on Setting Up Your Own Business

 

Starting your own business is not easy, but if it clicks, your career is made. If you have made up your mind to leave your existing job and start something of your own, you need to dedicate all your time and be focused to make your business run successfully. The smart decision would be to leave your job only once you have established your business. Some of the basic ideas will help you get started with your business.

Come up with sensible ideas

Before you start your business, you need a basic idea about the kind of business you want to start. The new business will need more of your time and money, so come with up an idea by figuring out what people need that you can offer better than others. There are many advertising companies that offer services to help your business grow. So, once you have an idea set in your mind, you can proceed further.

Consider if it is feasible

Before you consult the advertising companies for your business, you must think about all possibilities. Do not go too far, too soon. A new business has a lot of thought process involved. You should be sure that your thoughts when put into action will provide fruitful results in terms of profit. So choose the location for your business after considering these factors as location plays a prominent role to make or spoil your business. When you have thought about the type of business, know your competitors and do a thorough research on their services and quality of work.

Work on its uniqueness

Your idea should be unique as far as possible. If you are doing the same business as the man next door, then you end up being nowhere. If you want your business to be successful, do your homework right in planning about the business that has not been offered in the location that you have shortlisted on. If you are planning to open a garment boutique, make sure that you have all contacts and sources ready related to garments. You should be well versed with every little detail about garments.

Be realistic

You should be realistic as a business owner. Figure out the approximate number of people who would use your business. What is the amount they would pay for your services? If you think the amount is not up to your satisfaction, then you should immediately change your plans. Always have more than one plan ready in your mind when you plan to setup your business. If one plan fails, then the other plan can be worked upon. Proper planning is an essential factor in any business.

Ways To Advertise Your Business

Smart marketing strategies is the key to a growing business so if you’re a small business owner and you have not been seeing much work coming your way in a few months, you should definitely look into smart marketing strategies that will take your business from a small scale one to a very large scale business in a matter of days and hours.
If you are a small scale business owner and you are struggling to keep your business up and running with the amount of work you receive, these tips that we have gathered will definitely come in handy.

However there is one thing, you need to consider when marketing and advertising your company and that is your target population. If you are targeting to approach and introduce your product or service to young men and women, you should not bother with digital banner advertising because nowadays, teens rarely pay attention to the outside world as they are always on their phones, browsing the internet.

The tips that will make a huge difference in your business will be mentioned below.

Go conventional

If your target population is middle aged people, you should probably go with a few conventional methods of marketing as well as using social media platforms because while some middle aged people rarely find the time to look around from their smart phones and see your efforts in digital banner advertising displayed up on the billboards while some may come across your efforts. Middle aged men and women arevery versatile because some of them tend to use modern technology a lot while the rest of them do not. 

Go unconventional

Again the topic of target population comes into play because if you have a target population that is always glued to their smart phones or is busy updating their blog, you need to think smart and try to grab their attention towards your product or service by advertising and using the internet and social media as a platform for marketing.

Teenagers and young adults are always found on their phones so if they see an online advertisement about your product and your advertisement content sparks an interest in their heart, you should definitely use methods such as social media platforms and other sites on the internet to make your business much larger than it is.

The two tips that are mentioned in the above content will come in handy to you if you are looking grow your business through amazing and brilliant methods of marketing and advertising.

How To Design Different Online Ad Campaigns?

As most companies are considering an online commerce platform for business transactions, it makes sense for many companies to choose an agency that specializes in online ad campaigns. The right advertising as per the audience need to be decided by the advertiser. Many ad firms offer online as well as offline advertising while some niche firms offer online and targeted ad campaigns.

Market research and its importance

Just like any traditional marketing campaign needs to begin with market research, the firms that deal with online marketing need to understand the kind of customers and viewers who are targeted by a product or service. Accordingly the right form of online ads is designed by them. Often market surveys are done with a focus group in order to understand which kind of marketing campaign would be effective. The marketing agency firms accordingly decide on the ad content, format and other factors as per the feedback and survey results.

 

How an online ad campaign is designed

Large ad firms who are entrusted with the responsibility of designing new ad campaigns for their clients usually do not execute the online ads directly. They might liaison with a marketing agency that specializes in online ad content. In choosing an online ad producer the past work and credibility of an ad agency needs to be judged. Those agencies that have helped similar industrial clients to have effective online ad campaigns in place need to be shortlisted and asked to submit their tenders or notices.

How to execute online campaigns

There are many businesses that opt to launch online campaigns by themselves. If a business is small and it has a small budget to work with, it might decide to design its marketing campaign by itself. Usually an online marketing campaign involves tie-ins or add-in related sites, creation of banners and viral marketing tactics. There are different forums to be utilized for online marketing like posting of videos, ads on social networking sites and so forth. For many businesses the marketing teams utilize several tools to launch and monitor different marketing campaigns and activities online.

Effective strategies for online campaigns

When it comes to designing effective ads one can take up different strategies or approaches. Websites that see a high volume of traffic in the same category are great for advertising a related site, service or product. Ads that are placed could be still images or animated ones. There are size constraints that are levied on the ads and the costs of the same are decided accordingly. There are tools to gauge the effectiveness and reach of an online ad and changes can be done in order to try out other forums for more exposure and effectiveness in reaching the target customer base.

How A Brand Manager Decides on Product Packaging?

 

What is included in product packaging? There are many factors that go into the design of a product packaging. One aspect is the branding and marketing of the product or company name through packaging. For that, most companies assign the task to brand managers. At the time of deciding on the packaging of a product, not only should the quality and scientific norms be followed, but also understand the options which will make the packaging a vehicle for promotion and marketing of the brand or company name.
Working with the product managers
The product managers who are involved in understanding the specifications of a product and the kind of packaging that is required to sustain its functions are usually consulted by brand or marketing managers. Usually there are several ways of packaging a product to ensure that its functionality is preserved. However, from the perspective of branding, brand managers will find a certain packaging option to be ideal for promoting the product, differentiating it from other products and so forth. The letterpress printing methods are employed accordingly as per the inputs of the brand manager.
Understanding quality norms
There are certain advantages and disadvantages that come from a certain way of packaging a product. For instance, if you package a soap in a box, it takes up more space. However, there is more material on which promotions can be done about the product and choose the right colors and effects as well. On the other hand, quality norms might dictate that the product be sealed in a different way in order to ensure that the product has a greater and a qualitative shelf life. In these cases, the brand manager has to work around the solutions available like letterpress printing and make the best of the right packaging style.
Considering cost effects
When a product is being designed for packaging, the options that are available to a company need to be weighed as per the cost considerations as well. In general, the product’s functionality and preservation of the same as well as increasing shelf life and more space in warehouses and inventory spaces will be given more consideration at the time of deciding on the packaging. Once these details are considered, the brand manager can work around the final solution and make the most of the packaging form decided. The cost effects for branding and printing the packaging will also matter.
Creating an impactful design
Once the above points are considered to conclude on the kind of packaging that would be ideal and feasible for a product, a brand manager needs to work with a creative team in order to come up with a unique and innovative design for the packaging. The colors, fonts and the text that is printed will matter in creating an impact on the minds of the customers.

Setting Up A 3D Printing Business

3D printing is a relatively new type of technology that is rapidly increasing in popularity. If you’re a technology geek and want to set up your own business providing 3D printing, there are many different options.

Personalised models

3D modelling and personalised 3D printing services are a novelty product that is being introduced into the market of gifts and novelty items. Using software, 3D rendering services and a specially designed 3D scanner, you will be able to create a design of real life people that you can then use a 3D printer to create a small, lifelike model of themselves. It is becoming a popular option for gift ideas, with many customers choosing Sliced 3D to create 3D models of themselves or their children so that they have something to remember the moment by in years to come. People with kids are usually very attracted to the idea, as it means that they can have something more than just photographs to remember what their children looked like when they were young.

Automobile manufacturing

It is becoming increasingly possible to create full functional car and car engine parts using 3D printing services, and some people have even managed to 3D print an entire car. If you have a 3D printer and the necessary skill and materials, it’s very possible to start a business manufacturing and selling car parts. You could sell these privately to independent car owners, or you could even sell your products and ideas to major automobile manufacturing and product design companies.

Medical field

If you have a background in medicine and want to begin a 3D printing business related to the medical industry, there are a lot of options for the products that you can design, create and sell. 3D printed prosthetic limbs are an excellent medical product that you could consider selling, and you could even try to obtain funding or support from institutions such as the Army or large hospitals. People in need of new limbs usually will have to go through a lengthy process to receive a suitable prosthetic limb, therefore the use of 3D printing will be able to speed this process up and also create prosthetics that are custom designed to fit the patient perfectly.

Everyday items

If you’re thinking of selling items such as phone or tablet cases that are popular with customers and cheap to make and sell, you could also incorporate 3D printing into your business. Since the technology is relatively new, customers will find that purchasing a 3D printed case for their tablet or phone, along with other everyday 3D printed products, a novelty idea that they may be willing to pay more for.