Conversion management is the technique of transforming conversion rate from being just a figure that is reported, to improved and strategically managed information. There is major expertise required to effectively manage conversion rate. The choice of test tool for conversion management, who supports the tool, testing and executing strategies in conversion management are the factors which decide on benefits received by a business. Internet Marketing Bangkok and marketing audit will apply effective conversion management strategies to get fantastic results for your company. There are Bangkok SEO companies taking care of these functions for you. They carefully analyze web analytics data and past performance of your company, so that they can test the most profitable pages. These Internet Marketing Bangkok companies have the expertise to identify the best variants to test. They ensure that the tests are done on time and on the lowest cost possible. Internet Marketing Bangkok and marketing audit includes functions such as research and tracking, measuring and controlling. Through tracking results they try and achieve maximum benefits for their customers. The results are analyzed and information is used to achieve greatest benefit for the campaign’s success. Marketing activities and campaigns are streamlined for best results, based on information taken from tracking and analysis. Through results of these tests, investments on poorly performing targets are reduced and budget is focused on actions that generate results. Therefore impact of marketing budget is increased. Relevant issues are reported on a regular basis to the customer, so that they remain up to date with market trends. Benefit of Bangkok SEO is that the results are available almost immediately. The effect of marketing audit, campaigns and activities can be immediately tracked and evaluated. Marketing audit is an evaluation tool in which a company examines its strengths in comparison to current market. This covers all aspects of marketing climate – demographic, technological, political, as well as customers, competitors, distributors, etc. Marketing audit will include analysis of companies marketing strategies, productivity, marketing systems and marketing organization. Marketing audit should be done by other independent companies and organizations, objectivity and authenticity of the audit is ensured. Marketing audits should be done periodically in order to solve problems before they arise. If it’s not just a testing tool, but an excellent management service that you are looking for, you should look at hiring one of these companies, which are experts on Internet Marketing Bangkok and marketing audit.
Month: March 2018
Enterprise Business Team Building & Team Management
Team building is the key to a powerful enterprise business. This article will provide you with information that can help you put the right team leader in charge of the right group of people so that they can achieve the balance, chemistry and vision needed to succeed. Whether you’re an owner, an executive or a manager, the following information will be beneficial to you.
Team building solutions for enterprise business will help you build teams with great chemistry by identifying the characteristics of individual team members.
Successful team development is essential to the growth and progress of your business. Few tasks are more difficult than managing the efforts of a department, work group, or committee to effectively achieve organizational goals, yet employees who work together as a unit toward the goals and objectives of the organization can be more productive than a group of individuals working toward independent goals.
Team building is the workplace success factor that relies on the interdependence of each team member to ensure the team’s overall performance is meeting or exceeding its goals.
A team is an integral unit, working toward organizational objectives and goals, rather than an aggregate of individuals working on independent goals. Team building within organizations continues to be a necessity for business success.
Most enterprise-level organizations struggle with team development because of its great importance.
– How do you build teams?
– What’s the best way to manage diversity within a team?
– How can you effectively manage remote teams?
– How can you take your team to the next level in terms of skill, creativity and effectiveness?
Successful teambuilding is based on the core characteristics of every team member – their strengths, weaknesses and how they fit within the team.
Team building solutions for enterprise business help team leaders build on a team’s strengths to obtain its objectives via effective teamwork, through careful analysis of the team’s dynamics. The analysis provides information and resources for developing, managing, and enhancing teams with diverse members, multiple teams and even remote teams.
Team building assessments will help you to:
– Identify strengths and weaknesses within the team
– Assign duties to team members based on their skill sets
– Offer critical insight into which members have the ability to lead the team
– Provide new approaches and practical tips for team success
Achieving team goals is accelerated when team leaders have the benefit of team building assessments, the teambuilding tool for building stronger, more effective teams. It helps team members form habits of success to carry them forward in their careers. Team members also build the confidence that comes from achieving team objectives.
Thousands of organizations across the world are using team building solutions for enterprise business to promote organizational excellence and superior team development. The solutions are a tangible and valuable for teambuilding and strengthening any work team. Team building solutions for mid-size businesses will help you build a team with great chemistry by identifying the core characteristics of individual team members.
Team building may be one of the most valuable activities you can do for your business. Team building solutions help managers and enterprise businesses to:
– Learn to build effective teams. Find the right balance that will help the team leader assemble and shape a team into something more than just a group of individuals.
– Reduce workplace conflict and get team members to work together. Help team leaders find ways to coach team members through conflicts and use them to the team’s advantage.
– Build a team with great chemistry. Identify the core characteristics of individual team members and use them to build a well-balanced team.
– Learn how to handle team conflict. Inspire individuals to look beyond their differences and come together to work together effectively.
– Get the best performance from multi-generational teams. Empower team members to learn from each other and use their differences to propel the team to success.
Alliance Business School – Dual Degree Program
ALLIANCE University of Antwerp, Belgium
The University of Antwerp and ALLIANCE Business School jointly offer a dual degree dual campus program.
PROGRAM ADMINISTRATION
Program components include:
– Students enrolled in the Dual Degree Dual Campus program will spend their first year at ALLIANCE campus in Bangalore followed by an industry internship program either in India or abroad. After completing their internship, students will continue their second year at University of Antwerp Management School, (UAMS) Belgium.
– In the second year of academic course work, UAMS will offer the Masters in Global Management Program in Antwerp, Belgium.
– Upon successful completion of the Program, students will be awarded the degree of Post Graduate Diploma in Global Management from Alliance Business School and Master of Global Management from the University of Antwerp Management School.
PROGRAM ADMISSION
To qualify for admissions to the PGP-MGM Program, students must meet the standards for admission, specifically;
– Can demonstrate a record of 60% or higher throughout their studies
– Taken the CAT/MAT and attained a minimum score of 80 percentile
– In the event that a candidate has not taken CAT/MAT, he/she should attain a score above the seventieth percentile on the Alliance Aptitude Test (AAT). Candidates who have taken the GMAT and obtained a score of 550+ are exempt from AAT
– Successfully met the additional screening criteria including a group discussion, delivering an extempore presentation and an interview.
THE UNIVERSITY OF ANTWERP AT A GLANCE
The University of Antwerp (UA) is located in the historical centre of the city of Antwerp. The UA has almost 12,000 students and over 850 academic faculty and researchers. The UA has been awarded the prestigious label by the ‘Association to Advance Collegiate Schools of Business’. AACSB accreditation is the international hallmark of excellence in management education. The University of Antwerp Management School (UAMS) offers two types of courses: Master courses and Executive courses. While being academic the courses are also very practice-oriented. Scientific thoroughness and practicality are the trademarks of every program. The courses offered by the UAMS are extensive and diverse. There are twelve Masters and more than sixty short or long term Executive training courses in various fields. UAMS yearly welcomes over 3500 new participants to its programmes, of which more than 300 are foreigners from 30 different countries.
Overview Of A Dropship Lingerie Business
Are you looking to start a home-based business without giving up your existing employment? What you need is a business that you can run at your own pace, one that you can run from home in your spare time and one that wont cost as much as a traditional startup. The solution to this scenario is a turnkey website in combination with the dropshipping business model. And if you can couple these two with a product that is affordable and one that ships easy, youll save yourself even more money. In this article well describe what dropshipping is and why a Dropship lingerie business may be the ideal home-based business for you.,
So what is dropshipping exactly? Dropshipping is a supply chain management technique in which the retailer (you) does not keep items in stock. Instead, the retailer sells items through their website and transfers orders directly to a wholesaler (dropshipper). The wholesaler ships the order directly to the customer using your company information while remaining transparent throughout the entire transaction. You pay your wholesaler the wholesale cost of the order while your customers pay you the retail cost. The difference between the retail and wholesale price is your profit and yours to keep. A Dropship lingerie business works precisely in this way and can provide generous profits for each item sold.
Now, you may be wondering why weve selected a Dropship lingerie business for this article. The reason is quite simple, lingerie is relatively inexpensive to produce and store. It provides greater profit margins than bulkier items which require more resources and storage space. Its also very easy and cost-effective to ship worldwide. Your customers wont have to pay a premium for shipping their order and your dropshipper wont have to heavily reduce your profit margins to account for storage and production costs.
Starting your own e-commerce business can be a daunting task in the modern-day e-commerce marketplace. Online shops have risen to a level of complexity and quality that must be replicated in any business that is looking to be successful. There are plenty of options available to you when starting your Dropship lingerie business and the one that you choose will rely on your technical knowledge and expertise. If youre looking for help getting started, you may want to look into purchasing a turnkey website to get you started. Itll include setup, management and maintenance of all your technical assets which will reduce your overall investment and keep you away from having to manage the technology behind your e-commerce business.
The Difference Between Sde And Ebitda
The 3 most commonly used valuation methods are the Income, Market, & Asset approach. With the income approach, a business value is based upon the earnings the enterprise generates. Buyers are most concerned with the amount of earnings that the company produces should they acquire the business. The net ordinary income, utilized for tax reporting purposes, does not properly reflect the true earnings of the company based on the non-cash, discretionary & non-recurring items that are expensed by the business owner. Earnings are kept low to achieve the goal of reducing taxes. Therefore, to calculate the true earning capacity of the company, the P&L statements need to be adjusted during a valuation to determine SDE or EBITDA. Re-casting the financial statements will standardize (or normalize) the company earnings through the exclusion of discretionary, variable and non-recurring components, allowing an objective comparison to be made between two or more companies. By applying a multiple to the EBITDA or SDE amount, consistent with the industry sector and a weighting of the issues affecting the business, will derive the business value.
What is Sellers Discretionary Earnings (SDE)?
Sellers Discretionary Earnings is utilized for businesses with under $1mm in adjusted earnings. These businesses often have the owner managing the company and receiving a salary. With these small enterprises it is critical to determine what the owner benefit is as opposed to the earnings of the company. This is accomplished through a series of profit and loss statement adjustments termed add-backs that are made to the pre-tax company earnings. In some instances, there are negative add-backs as in the case with a business that owns real property (e.g. the building & land) where the owner is compensating himself a below market rent or a family employee working for the company who is receiving a below market salary. In both of these cases, an adjustment is made to normalize the expense to the current market value.
The most common adjustments used during the re-casting process are:
1. Add-back one owner’s total compensation
a. Salary
b. Payroll Taxes
c. Retirement Contributions e.g. 401K
d. Insurance
e. Perks (Health Club, etc)
2. Add-back interest expense
3. Add-back discretionary expenses
a. Donations
b. Personal Cell Phones
c. Travel, Meals, & Entertainment
d. Owners Vehicles (not used in business)
4. Add-back non-cash expenses
a. Depreciation
b. Amortization
5. Add-back Non-recurring expenses
a. Fines / Bank Penalties
b. Attorney fees (e.g. sale of business consultation)
6. Adjust Lease to Fair Market Value
What is Earnings Before Interest Taxes Depreciation Amortization (EBITDA)?
EBITDA is used to define the earnings of the company for businesses with adjusted income greater than $1mm. Here, the owner/investor is typically not active in the direction or daily management of the business and will hire a general manager to perform that function. Therefore, the EBITDA calculation will differ from SDE as it incorporates the general managers salary in the earnings calculation as an expense. EBITDA is a non-GAAP measure that is used to determine profitability and to make comparisons between companies and industries as it eliminates the impact of the financing and accounting decisions made. An easy way to determine EBITDA is to subtract the owners compensation and benefits from SDE. The EBITDA dollar amount will be lower than SDE but the multiple used in the valuation formula will be higher, often 2-2.5 times the SDE multiple. Therefore, as one would anticipate the FMV of the same business calculated using either method should be very close to each other. If not, an assessment as to why and which (or what other method(s)) must be undertaken.