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What is your Trading strategy?

Online trading is one of the most profitable money making options on the online world and both future trading and spot trading needs to have some plans an and some strategies in order to get good trading time and in order to minimize trading risks, one of the trading strategy is to have the right market signals and also having good graph reading skills and having a graph plan.
so what is your best and worked strategy that you use wile trading?

Business expenses to cut down for profit increase

Some expenses you incurred In your business might just be unnecessary. it is better to look at some of them to cut down so that you can increase your business profit. They different areas are the following;


Review the business insurance overall cost

Look at your staff's responsibilities and analyze the staffing costs to cut down where necessary.

Review your office supply costs

Evaluate your social media marketing and advertising costs.

Add yours

Does cheating count as one way of winning business competitions?

In the business world each and every business owners cheat in the day to day captivities, and some times they think cheating is the best and easiest way to win any challenges and competitions from co-business competitors and any competitions from other business owners, some times business owners say its a common thing to cheat in the business world and if you don't cheat you don't survive, but is it ethical to cheat and is it true a business owner will not survive if they don't cheat?

Simple ways to capture your customers for patronage

You can just use very simple ways to capture your customers to know about your business

Have a portion on your ecommerce website where you list items you sell on your site

Creating a customer email list and send list of your items especially new arrivals to your customers

Give them a free shipping promotion for orders within a certain range to encourage them to buy

Don't forget to run both paid and free advertisements to promote your items

Add yours

Business to start with little funding

The thing is that we will always need funding for a business. But if you need a business that you can start with the little money you have . You can look at the following ways

Start a dropshipping business. Where you bring in people to buy from a third-party supplier stores. You get a commission for the act and that's it.

Start a blog or YouTube channel, then build an audience you can monetize.

Build a service rendering business. You can Offer child care services, become a handyman, be a life coach. or start a repairing business.

start consulting business; Do you have the right knowledge to offer others, then do to make money.

Add yours

Benefits of having repeated customers in business

A good business must always look for good means of having repeated customers . This simply means having customers that return to buy from you as much as they want. This act comes with immense benefits to the business. The benefits are;

High volume of sales. Repeated customers buy more from a particular shop

increased in profit. More sales from repeated customers means more profit

Leads to business expansion: This is a good one as more money can boost early onset of expansion for a business.

Add yours

Motivating factors for employees

Employees are humans, they are not stones that never feel and observe how they are treated by the business owners or company management, They will not like to work fast and like to procrastinate because of the following reasons: salary is always delayed, no salary increase for many years, no sick leave benefit with pay no maternity and paternity leave with pay and always require to do overtime without pay. The workers need to wake up. They should quit right away and find a better job. They should not be afraid to write the overall owner of the business or company. They have the right to live with dignity and respect. They also have their needs.

Are small businesses crucial to the community?

The answer is BIG NO, in fact, it is very important for the community. Small businesses create jobs for the qualified people in the community and boost economic growth. Small businesses provide jobs, support local charities, and sponsor community events. They play a vital role in the improvement of the socio economic status of the people in the community. They will experience a better life through the small businesses.

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Is there a difference between how you started and where you are now?

As business owners and entrepreneurs, we all have different dreams, goals and so on, most of us started our business pretty small, while other started differently. Is there a difference now than when you first started and what's the difference?
For me my business is currently two years, though its still far from where i want it to be but there have been a huge difference. I was able to make more sales this year and currently have more customers and even referrals this year as well.

Local business important

A local business is important. It generates economic activity. They also contribute to the tax base in local communities which helps to fund important services as as schools, roads, and public safety. Local businesses are owned by people who live in the community and they are less likely to leave and invest more in the community they love to serve and help. Shopping at local businesses creates more local jobs than shopping at major chains or online companies. Those living in the localities will be inspired for they can save money. They no longer shop in the city.

People are the most important in a business to succeed

People bring money to our business so they are very important for the success of our business we have to know them well to build trust and confidence. They buy our products so we would have good sales, so we will also buy from them the trust and the like of the way they deal with us in busenss. We have to provide our customers with quality products and services. These are the most important things that attract them to keep coming back. They are worth some rewards from the business center. This makes them happy.

What's the hardest part of your business?

Every business has it's own share of difficulties, as graphic designers a lot of people assume our job is just to sit in front of a system all day and just play with different fronts, writeups and pictures to get a finish result. The truth is it is actually more than that, each design we make, most times it takes hours cause we have to brainstorm on a particular design that would deliver the intended message, then there is the issue of downloading the needed resources. I think the hardest part of my line of work is trying to satisfy the customer and ensuring they pay us what we deserve.

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🔥 Hot Topics on Our Forum

Is advertising on free marketing platforms have good outcome?

Now a days their are a lots of ways to advertise our products on the world we can use TV channels, Social medias, websites, ptc sites, and many many more, and most of those marketing places are paid and we need to pay money for advertising our companies and we get a lots of customers from that, but does using free advertising platforms will get the intended amount of customers for our business?

Fish vendors

We can never estimate the income of the fish vendors. They have a dirty business but you ought to know that our neighbor a fish vendor for life became wealthy. The husband and wife were able to purchase a mini fishing boat, there were three of them bought 5 years ago. They are now enjoying their wealthy life. We cannot judge the Fsh vendors, most of them have very good houses and nice cars. There are small fine fish vendors yet they sustain their daily needs and soon may expand their business.

Which is better bringing customers to us or going to the customers?

In the business world customers have a big place and any business or a company small or big companies need a customers to sell their productions and to get good money out of it, so having many and loyal customers is the main goal of a business owners should focus when they start a new business and also when they run a business, and in order to find customers should we go to the costumers and produce something the customers want and something on demand or should we bring the customers to our products?

Why do we always thing a product with chip price is low quality?

In my country most of the times if the price of one product or one good in one store or shop is chipper than another store peoples assume that the product or the good have low quality or they think the product is broken and even if they see with their eyes that its not broken and is the right products sill they don't prefer to buy it with chipper price, why is that happening?

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Selling the same product with different brand name.

In my area there are some companies those who sell the same products with different brand name tag, and they are trying to full the societies and most of the times they change the packaging, the color and the name of the products and they provide it to the market and they try to increase their profit from it, for example bottled water companies, flavored drink companies, and also chips and snack producing companies use this technique.
Do you think this technique is good for getting profit?

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