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  • Will You Add? - Differentiation

    IT Support for Small Businesses - How to Build Your Business Without Breaking the Bank
    Building a small business is hard work. In the initial period of most small businesses, one or two people are trying to do everything until the business grows enough to diversify functions and hire assistance. While you are trying to develop products and/or services, you are also trying to build infrastructure to support the business functions. Chances are, if you are the kind of person who is focusing on product or service development, you proba
    ing.

    We all have customers that end up being a complete waste of time. You know what I’m talking about. That customer, who asks for 10 quotes, spends 2 hours on the phone to you discussing every little detail, and then pushes you for the best price. So you end up spending an entire day on one client and make barely make enough money to buy a double cheeseburger.

    We need to begin to differentiate between our clients. The best way

    What is ISO 9000
    ISO 9000 is a set of international standards that ensure product and service quality. In 1987, International Organization for Standardization (ISO) created the ISO 9000 standards providing guidelines to implement and operate quality management systems.The ISO revised the standards in 1994, and again reorganized the standards and published an updated version in December 2000. The revised version includes three quality standards, namely, ISO 9
    “Some contend that differentiation is nuts – bad for moral” – Jack Welch

    We get taught from a very young age that differentiation is bad, and that people’s feelings can get hurt, and people will be upset. But this leaves us in an emotional rollercoaster.

    Business is not about emotion, it’s about money and making it. It’s about being the best, beating your competitors, and succeeding. Yes, it doesn’t mean we should be cold hearted, but we need to be driven by the goal, making money, not by emotion.

    If we work on an emotional level, we should join some non profit organization, that allows us to work on emotion, and caring for others.

    I see two places for differentiation. The first is inside our business. We cannot treat all our employees the same, because they do not all perform the same. Some employees perform much better than others, and should be rewarded for that.

    You see, as owners of a small business we have very little resources to throw around. We need to make every cent count. So employing someone who does not perform is a complete waste, and we should rid our businesses of them as soon as possible.

    However, when we have an employee that does perform they should be rewarded. Rewarding those that do perform and removing those that don’t is a great way for us to build a winning team. Obviously those that do not perform, when they are not rewarded will feel hurt and upset, but that’s just tough luck, they should have tried harder.

    The second place where we would be wise to implement differentiation is with our customers. We are all kept busy all day long, providing a service for our customers. We try to deliver faster, be better and offer cheaper prices. This is all good, and it’s what we should be doing.

    We all have customers that end up being a complete waste of time. You know what I’m talking about. That customer, who asks for 10 quotes, spends 2 hours on the phone to you discussing every little detail, and then pushes you for the best price. So you end up spending an entire day on one client and make barely make enough money to buy a double cheeseburger.

    We need to begin to differentiate between our clients. The best way

    Becoming An Idea Catalyst
    Mike Duke spent 16 years working for retailers that competed with Wal-Mart. So when he joined Wal-Mart's executive team, Mike had a pretty good idea of what made the discount retailer so tough to beat."When you thought you had Wal-Mart pegged," Duke once said in a magazine interview, "they'd be evolving into something else."Sam Walton, the founder of Wal-Mart, instinctively knew that great leaders create ideas that are the key to orga
    d, but we need to be driven by the goal, making money, not by emotion.

    If we work on an emotional level, we should join some non profit organization, that allows us to work on emotion, and caring for others.

    I see two places for differentiation. The first is inside our business. We cannot treat all our employees the same, because they do not all perform the same. Some employees perform much better than others, and should be rewarded for that.

    You see, as owners of a small business we have very little resources to throw around. We need to make every cent count. So employing someone who does not perform is a complete waste, and we should rid our businesses of them as soon as possible.

    However, when we have an employee that does perform they should be rewarded. Rewarding those that do perform and removing those that don’t is a great way for us to build a winning team. Obviously those that do not perform, when they are not rewarded will feel hurt and upset, but that’s just tough luck, they should have tried harder.

    The second place where we would be wise to implement differentiation is with our customers. We are all kept busy all day long, providing a service for our customers. We try to deliver faster, be better and offer cheaper prices. This is all good, and it’s what we should be doing.

    We all have customers that end up being a complete waste of time. You know what I’m talking about. That customer, who asks for 10 quotes, spends 2 hours on the phone to you discussing every little detail, and then pushes you for the best price. So you end up spending an entire day on one client and make barely make enough money to buy a double cheeseburger.

    We need to begin to differentiate between our clients. The best way

    UK Kitchen Furniture Market
    The domestic kitchen furniture segment in the United Kingdom experienced steady growth in the early part of this decade. However, the overall market value declined in 2005 for the first time since 1999.The market experienced steady growth between 2000 and 2003. Growth slowed a bit during 2003/4, following a series of interest rate increases, a less robust housing market and a high level of price competition. During 2005, new house building l
    rded for that.

    You see, as owners of a small business we have very little resources to throw around. We need to make every cent count. So employing someone who does not perform is a complete waste, and we should rid our businesses of them as soon as possible.

    However, when we have an employee that does perform they should be rewarded. Rewarding those that do perform and removing those that don’t is a great way for us to build a winning team. Obviously those that do not perform, when they are not rewarded will feel hurt and upset, but that’s just tough luck, they should have tried harder.

    The second place where we would be wise to implement differentiation is with our customers. We are all kept busy all day long, providing a service for our customers. We try to deliver faster, be better and offer cheaper prices. This is all good, and it’s what we should be doing.

    We all have customers that end up being a complete waste of time. You know what I’m talking about. That customer, who asks for 10 quotes, spends 2 hours on the phone to you discussing every little detail, and then pushes you for the best price. So you end up spending an entire day on one client and make barely make enough money to buy a double cheeseburger.

    We need to begin to differentiate between our clients. The best way

    Earning Extra Income
    Extra income is something that we all need and want but are we willing to work a second job or earn extra income in other ways? Most people like the idea but after working a full time job would find it hard to work evenings as well.More often than not extra income is something that comes in the form of a windfall and is used to pay off outstanding debts or to buy those extra additions to your home you have been longing to buy.With the
    winning team. Obviously those that do not perform, when they are not rewarded will feel hurt and upset, but that’s just tough luck, they should have tried harder.

    The second place where we would be wise to implement differentiation is with our customers. We are all kept busy all day long, providing a service for our customers. We try to deliver faster, be better and offer cheaper prices. This is all good, and it’s what we should be doing.

    We all have customers that end up being a complete waste of time. You know what I’m talking about. That customer, who asks for 10 quotes, spends 2 hours on the phone to you discussing every little detail, and then pushes you for the best price. So you end up spending an entire day on one client and make barely make enough money to buy a double cheeseburger.

    We need to begin to differentiate between our clients. The best way

    Advantages And Disadvantages Of Globalization On African Economies
    Most African economies are considered to be unstable either due to political instability or lack of investor appeal. This factor alone (the instability of African economies) means that those in leadership have an uphill task in resuscitating ailing economies.Today, those in power have to consider external factors in their economic recovery strategies. If anything the measure of a country’s economic strength can be said to be a comparison of
    ing.

    We all have customers that end up being a complete waste of time. You know what I’m talking about. That customer, who asks for 10 quotes, spends 2 hours on the phone to you discussing every little detail, and then pushes you for the best price. So you end up spending an entire day on one client and make barely make enough money to buy a double cheeseburger.

    We need to begin to differentiate between our clients. The best way to do the obviously is to keep a good record of our dealings with each client. Then we need to make some time to look at the results and decide who is our ‘worst’ client. Which client, takes the most time and makes the least money. Then we also need to assess which client is our most profitable client, and reward them. Buy them a bottle of wine, or a bunch of flowers, give them some discount off the next invoice, take them to dinner, but do something to show them how special they are, and that you appreciate their business.

    As for the client at the bottom of the list that doesn’t make you money, inform them politely, that you are unable to provide them services, tell them why you have made the decision, and tell them that you simply just cannot accommodate them anymore.

    Now this will leave you in a very interesting position. Your client will either go away, yes the will probably be a little upset, who the hell are you to tell them to get lost! Or your client will come back to you and be prepared to pay more for the service you deliver. If they go away they have created a new gap in your business for you to accommodate a new customer, who from the beginning will pay a better price, and you can lay down the rules.

    Buy working on this theory, you will eventually over time create a business filled with good customers, that pay well, and don’t waster your time.

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