Alex Jones - Business Advisor & Real Estate Expert at onlinegeeks https://onlinegeeks.net/author/alex-jones/ A Place to Satisfy Your Inner Geek Tue, 03 Sep 2024 06:37:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://onlinegeeks.net/wp-content/uploads/2022/08/favicon-i.png Alex Jones - Business Advisor & Real Estate Expert at onlinegeeks https://onlinegeeks.net/author/alex-jones/ 32 32 Top 5 Most Popular Online Memory Games https://onlinegeeks.net/popular-online-memory-games/ Mon, 02 Sep 2024 10:02:33 +0000 https://onlinegeeks.net/?p=24393 Exercising our minds is just as important as exercising our bodies if we want to stay healthy and sharp even in old age. As we get older, taking care of our memories becomes more important than ever, but it’s also good to make sure you’re training your brain no matter how old you are. Many […]

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Exercising our minds is just as important as exercising our bodies if we want to stay healthy and sharp even in old age. As we get older, taking care of our memories becomes more important than ever, but it’s also good to make sure you’re training your brain no matter how old you are. Many people stop actively training their memories when they leave school. However, having a sharp and well-trained memory is incredibly important in everyday life. 

Outside of studying in class, there are lots of other techniques and practices you can use to help keep your mind in shape and your memory well organized. Some of those methods include brain stimulators, games , or apps, which, when used every day, have been shown to help keep our minds clear and focused. Our gaming expert Vitoria Oliveira (find out more about here ), has written this article to help you choose a great online memory game. 

Crosswords

Crosswords are the classic mind-bending puzzles that you can get in your daily newspaper. Although newspapers are far less common today, it’s still possible to find crossword puzzles either online or in specially made crossword books. There are lots of great websites offering daily crosswords and crossword challenges, helping you train your mind and your memory.

Each puzzle contains a grid of squares and blank spaces in which the player enters the words based on the clues. Words are written horizontally and vertically, intersecting with one another, and the more words you solve, the easier it becomes as there are fewer spaces to fill. 

Crosswords are one of the best options if you are looking for games to improve memory. You can train your brain to get better at solving puzzles, and this has been shown by numerous studies. AARP is one of the best online crossword sites, offering daily puzzles as well as archives of old puzzles that you can play once you create your account. 

Poker

Poker is one of the most popular games in Portuguese casinos. Even though players in a casino play for the thrill of winning, some want to improve their memory. Poker requires strategic thinking, skill, dedication, and practice to master. The poker game can be demanding for your mind with extended periods of concentration and focus. 

Creative and abstract thinking is usually required when you try to figure the hands that your opponent is holding. A Portuguese player must thus pick on the subtle tells and opponent’s body language and translate that into decision making. Players get better as they play more. The good part is that the game is available on most sites reviewed at Casinos Portugal and you can never go wrong. 

Sudoku

Sudoku, like crosswords, is a type of puzzle using a grid that players must fill in to solve. Unlike crosswords, a Sudoku puzzle uses numbers. The origin of this puzzle is Japan, where the name simply means “number place”. In the classic version of the game, the aim is to fill a 9×9 grid with digits so that every column, row, and sub-grid contains all of the numbers from one to nine. 

The game looks a little complicated at first, but it’s actually very easy to learn, and you don’t need to be a math genius to solve the standard Sudoku puzzles. Where things get trickier is with the different variations of the game, which include larger grids, more numbers, and different rules. These puzzles are more complicated but can be a lot of fun to complete if you’re finding the standard Sudokus too easy. 

Memozer

Memozer offers free online memory matching games that you can play anytime you like. Unlike old-school crosswords and Sudokus, Memozer offers a huge variety of different games to play, so you’ll always have a new way to train your brain. The site is free to use and allows you to play online or print out your own cards to play with friends.

The games are very simple, and they involve a set of cards, each with a symbol printed on one side. Each card in the set has a pair with an identical symbol, and the cards are laid face down on a table or flat surface. The game is sometimes known as Pairs or the Matching Game and involves the players turning over a card and then turning over a second card to try and match two of the same symbol. If you fail to match, both cards are turned back over, and you need to remember which symbol was where. 

Luminosity

Lumosity is a collection of stimulation online games that have been developed for both adults and children. Scientists put together the games by adapting cognitive training exercises developed by prominent researchers, and they’re designed to be fun as well as effective. These games are popular in Portugal and all over Europe.

You can easily sign up to use this online memory-improving service by creating a free account. Following your registration, you will receive a set of three games based on your age and occupation. The goal of these games is to gradually sharpen the memory by developing focus, skill, attention to detail, and problem-solving ability.

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10 Ways to Increase Your Revenue as a Freelancer https://onlinegeeks.net/ways-to-increase-your-revenue-as-a-freelancer/ Wed, 30 Nov 2022 09:02:40 +0000 https://onlinegeeks.net/?p=11379 Life as a freelancer is not the easiest. In most cases, you’re the manager, accountant, marketer, and salesman.  Handling these tasks only becomes worthwhile when your earnings reflect your hard work. Still, a successful freelancing career means making more than enough to put food on the table. If you want to increase your revenue as […]

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Life as a freelancer is not the easiest. In most cases, you’re the manager, accountant, marketer, and salesman. 

Handling these tasks only becomes worthwhile when your earnings reflect your hard work. Still, a successful freelancing career means making more than enough to put food on the table.

If you want to increase your revenue as a freelancer, do these things.

Establish Yourself as an Authority in Your Chosen Field

Expertise in any area is important. As a freelancer, you are free to specialize anywhere and in anything. But nothing beats being an expert in a chosen field. Two things stand out from that statement: choosing a field and being an expert in it.

When you reduce the number of niches you are involved in, you can focus on a few. Really, one is enough to help you stand out and rake in more revenue. All you need to make this happen is sustained focus. 

Keep doing the same thing with increasing efficiency and you will become an expert first and then an authority in that field. Then your revenue will increase.

Raise a Team

Working alone can only do so much. If you want to raise your revenue to an extra zero or two, you need a team. 

With a team, you can increase your workflow and efficiency. Someone else can handle your marketing, and someone else your client relations. The goal of working with a team is greater efficiency. It will help you do more meaningful work in the shortest time possible and make more money.

Raising a team for your freelancing is very advantageous. It will help you choose exactly who you need and how they work for you. You can even spend a bit more effort grooming them for your niche. This way, your team is an extension of yourself rather than a separate entity. 

Automate Your Workflow

Freelancing requires a lot of multitasking. Even with a team, you still have to deal with many day-to-day manual tasks. Responding to emails, mapping the work schedules for the next month, and compiling your financial reports are examples of repetitive tasks that will eat into your work time. You need mental power to do these things, and that is mental power that you can spend elsewhere.

The solution to conserving your strength is automation. Using task automation software, you can better sort out your tasks, affixing everything to a necessary period. 

This strategy will give you more breadth of time and opportunity to work, level up, rest, and play. Furthermore, it will boost your productivity and, by extension, your earnings.

Track Time

Time tracking is a lifeline for freelancers. In the same way, you need to automate your workflows, thereby getting a firmer grip on the progress of your work, you need to do the same thing with your time. And the best way to monitor how much time you spend here and there is to use a time tracker.

Using a good time tracker for freelancers will boost your cash flow in many ways. 

One, it will help you identify tasks that don’t add anything to your workflow. 

Two, it will give you hints to restructure your task schedule. The more of a grip you get on this schedule, the more time you have to specialize in your niche, raise a team, and grow your income.

Three, it can help you automatically create invoices for clients. That way, you’re able to accurately calculate your billable hours and know how much to charge clients for future projects. If you have a team, a time tracker can also help you with payments.

Four, you get to keep tabs on your activities, identifying time-wasting tasks and engagements that you need to eliminate.

Link Up Your Social Networks

Social media offers a wellspring of opportunities to grow your income as a freelancer. Using the platforms can save you the stress and expenses of having a marketing and promotional team or plan. LinkedIn, Twitter, Facebook, YouTube, Instagram, and even TikTok are platforms you can use to showcase your expertise and gain a foothold on the networks.

Beyond getting and solidifying your presence on social media, you can link up all the networks. A simple way to do this is to add links to your accounts, profiles, and channels: link Facebook with LinkedIn, LinkedIn with YouTube, and YouTube with Instagram. This is how to consolidate your presence on social media and position yourself for more income.

Get a Website

In addition to boosting your presence on social media, you should get a website. You don’t have to build or pay for a fancy website. You can get a simple website where you can show off what you have done so far and customer reviews.

You can also use your website to start podcasts, blog regularly, and compile a textbook about your niche for others to follow. If you get a website and use it this way, your earnings could even double.

Raise Your Rates

A freelancer rate is used to measure their work. If you charge $0.05 per word for your writing, that is exactly how much your writing is worth to your clients. 

So, when you are sure that your writing should be worth more, be direct and raise your rates.

Freelancers decide how much they want to be paid based on their skill and competence. Once you level up and are more confident about your work, raise your rates by at least 30 percent. If you think that 30 percent is too much, how about 20 percent?

Level Up Your Skills

It’s important that your rates reflect your work quality. But clients will see right through you when you charge more than your worth. That’s why it’s important that you build your skills whenever you want to raise your rates.

Building your skills doesn’t necessarily mean branching out to other niches. You can offer more services within that niche and provide results-driven ideas.

You can take these ideas for a spin with your clients at your previous rates and then charge more once they confirm it’s worth the pay.

There are numerous online courses you can go for to level up your skills. You can also take university courses and workshops to make sure you’re learning more. Another way to grow your knowledge is by following industry experts on social media and learning from them.

Connect with a Community

There are many different freelance communities by niche that you can join to build your network.

For starters, connecting with other professionals in your industries means you get to explore opportunities to collaborate on projects. You also get to learn first-hand industry insights from experts that have been in the game a lot longer than you.

That said, you don’t necessarily have to only join communities within your niche. 

Other professional communities can help you grow and spread the word about your brand. You can get referrals and also expand your client base.

To join a community, you should look out for conferences, engage with other experts on social media, and organize talks.

For example, you can join Twitter spaces on conversations covering your niche. You can also create spaces.

Review Your Clients

Your freelancing career is as profitable as the quality of your clientele. 

Dealing with clients is one of the most critical skills you need to keep your career alive. You must understand the art of understanding and communicating with your clients. That way, you know what they want and know how to sell offerings.

You also need to know who your ideal client is so you don’t take up projects that will end up costing you. Having an ideal client profile lets you know when to say no. 

After all, there’s so much that you can handle at any given time. Also, your ideal clients will be willing to pay your rates because they know what you offer and how it will benefit them.

Summary

Increasing your revenue is more than just increasing your client base and handling more projects. It involves boosting your earning power project, increasing your value proposition, and boosting your brand image.




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Save a Little Today to Avoid Financial Stress Tomorrow https://onlinegeeks.net/do-small-savings-to-avoid-financial-stress/ Wed, 23 Nov 2022 13:29:25 +0000 https://onlinegeeks.net/?p=11257 Saving money with saving schemes can be difficult, especially when you’re on a strict budget with heaps of financial responsibilities. However, if you’re looking to put away some extra cash so that you have some additional security in your life, one plausibly good solution could be to look into guaranteed plans such as guaranteed income […]

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Saving money with saving schemes can be difficult, especially when you’re on a strict budget with heaps of financial responsibilities. However, if you’re looking to put away some extra cash so that you have some additional security in your life, one plausibly good solution could be to look into guaranteed plans such as guaranteed income or guaranteed living benefits plans. 

These policies are designed to help lower-income individuals save money and provide themselves with protection in case they experience sickness or injury that limits their ability to work. In this article, we discuss how these policies work and what they have to offer to those who need them most.

A 100% Return on Your Money

While it sounds too good to be true, guaranteed saving schemes often provide higher returns on your money than other investment vehicles. However, there is still the risk of loss. If you lose all your principal with guaranteed plans, they may not be an ideal option for you. 

They are great options for risk-tolerant investors who are willing to gamble more with their investments in exchange for higher returns.

No Speculation Involved

Unlike traditional stock options or futures contracts, you never have to guess if your saving scheme is going to work out. 

All of our plans are backed by a guarantee that makes sure your plan always pays out at least 80% of your original deposit. 

You get to decide what level of return you want and how much time you’d like to hold onto your money without losing interest—and we give you peace of mind that if it doesn’t pan out, we make it up for you with our guarantee.

Invest in Things You Know and Understand

While it can be tempting to try to make big, exciting investments that are out of your comfort zone, if you’re just getting started in investing, do yourself (and your money) a favor and stick with what you know. 

Keep It Simple

Most people think investing in stocks, real estate or business ownership requires too much time and money to be worthwhile. However, these may not be your best options if you are looking for guaranteed saving schemes and investment returns on a small budget. 

Learn how guaranteed plans are one of several ways you can quickly provide financial stability by investing as little as Rs. 50000 per month.

Less Risk Than the Stock Market

One of the main concerns that consumers have with mutual funds is market risk. When you invest in the stock, you are contributing to a share of ownership of that company. 

If it does well, your return will be high, but if its value drops because of poor performance or other factors, so will your shares’ worth. If you buy into a guaranteed investment contract (GIC), however, you are taking on very little risk for potentially better returns.

An Inflation Hedge

Inflation is essentially an increase in prices for everyday goods and services, which means that your money can buy fewer of those items over time. 

Having a guaranteed future plan income stream allows you to keep up with inflation, providing your paycheck will always be worth as much tomorrow as it was today (minus taxes). That said, if you do get hit with inflation—say through higher interest rates or the rising cost of living expenses—you have less flexibility to switch jobs and increase your salary at that point.

Plenty of Opportunity in This Market

As you make plans for your future, it’s important to consider all of your options. A life insurance policy can be an extremely valuable tool for giving you peace of mind about your family’s financial security. 

If you choose to invest in one, there are plenty of opportunities on the market. Here’s a look at some benefits that come with each

Buy When Everyone Else is Fearful and Sell When They’re Greedy

Buffett’s most famous quote is still true today, no matter what type of investment you’re considering. 

To be clear, don’t just buy when everyone is fearful and sell when they’re greedy; to succeed in any venture—especially investing—you need to have patience and follow a sound, well-thought-out strategy. In fact, buying low/selling high can be dangerous if you don’t know what you’re doing.

iSelect guaranteed future plan is a life insurance policy designed to protect you and your family against the risk of premature death. It works by a guaranteed future plan that, no matter when you die, your beneficiaries will receive a lump sum payment that’s equal to or greater than what they would have received if you had lived for another decade (10 years).

Conclusion

A guaranteed saving schemes plan offers investors the security of an investment tied to a guaranteed rate of return regardless of the performance of other investments in their portfolio. This allows investors to maintain financial responsibility & stability, particularly during unpredictable market conditions, with minimal risk and minimal required capital.

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What is the role of Conjoint Analysis in the business field https://onlinegeeks.net/the-role-of-conjoint-analysis-in-the-business-field/ Wed, 02 Nov 2022 11:14:55 +0000 https://onlinegeeks.net/?p=10598 In the modern market, the majority of goods and services come with a variety of features. And also come with capabilities by default. How can companies determine which ones their customers appreciate the most? Is it possible to provide each part with a specific value when evaluating a product? The conjoint analysis turns into a […]

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In the modern market, the majority of goods and services come with a variety of features. And also come with capabilities by default. How can companies determine which ones their customers appreciate the most? Is it possible to provide each part with a specific value when evaluating a product?

The conjoint analysis turns into a vital tool in this situation.

A company’s management must have a great grasp of the quality. That its goods or services are provided to customers for the business to operate. A higher-trained approach can be used throughout the area. It is helpful for long-term planning of cost and sales, thanks to this insight.

Let’s understand it.

Did you ever buy a home? It would be best if you considered several factors while making one of the most complicated purchases you can make. Your decision to buy a home can be affected by many factors. These factors include cost, area, interest rate, and the level of the nearby schools. Choosing a product or service that matches your needs is a difficult task, but you might not be conscious of your choices. One individual may be more concerned with pricing. At the same time, another may be more concerned with features; the main goal of a conjoint study is to determine which factors customers believe to be meaningful and unimportant.

Conjoint Analysis’s Value

Conjoint analysis is a well-known technique for determining how consumers value various characteristics. Those features that make up a specific good or service. The goal and value of conjoint analysis are to find out the demands of customers. You can find which good has the greatest impact on users’ decisions or choices.

Want to compete? Yes! Then the conjoint analysis is the best method, and It can be utilized to ascertain things like:

  • The greatest value when deciding how much to pay for a product.
  • The proportional weight that customers give to various aspects of your goods vs. those of your rivals.
  • The characteristics that matter most to clients should be used to determine how best to promote your brand in comparison to rival brands.

How to Apply Conjoint Analysis in a Company

Let’s dig into how we can use it in business.

Increasing prices:

 Conjoint analysis can determine how much your clients are ready to pay for your goods or services. You can ask consumers to evaluate several aspects. Additionally, how much they rate each one through the research; based on that analysis, you can set fresh, average prices.

Advertising: 

You can develop commercials and marketing efforts. That focus on those aspects when the analysis reveals what clients appreciate most. Furthermore, you know how to avoid selling those items that clients don’t like, And you can also improve the quality of goods.

Design and Development

 You may determine whether there is enough demand for extra features or a new product category; these results highlight areas your research efforts should focus on.

Yes! You can also call experts like us.

Use for Forecasting

Businesses can estimate the future of a new product besides using it to assist with price and concept tests. The conjoint analysis is helpful for firms. Because they can make those items that clients want, it provides them with the knowledge they can use to make predictions.

Why Do Polls Use Conjoint Analysis?

Physical surveys cannot give value to the various features that make up an item. Conjoint analysis can sort through users’ selections to find the solutions for those choices, and Data analysis allows you to gain insight into the preferences of your target market. And also find what they value most in products and services.

Many firms avoid using it because they don’t have any knowledge. But to be very honest, this approach is practical. Yes! When you use user-friendly services by Ovationmr. We have a clear explanation of conjoint analysis combined with a marketing case, and Our experts are ready to help you at any time. Don’t hesitate.

Hire Us

Many precise plans are needed for each plan to succeed, and As a result, they must be evaluated and prioritized.

Use our excellent solutions to grow your digital marketing and anything else you require to progress. Ovationmr provides the tools, education, and patterns you need to improve your skills. And also do well in a problematic marketing area. We will assist you in launching new items using design tools and optimizing existing products through analysis to reduce the risk of loss in your business. We will create a suite of services and prices tailored to specific client groups, and our staff is also skilled at line extensions.

Our skilled team will create a market activator for project share among favored buyers and use conjoint research to lower market share. We will assist you in profiting from your new items and provide a product price sensitivity study.Please refrain from taking chances since it is not as simple as it appears. If you are new to this industry, please hire experts; Ovationmr is the ideal partner if you want to develop your digital marketing abilities; contact us today before it’s too late. It’s the right time to get our services and enhance your marketing efforts by taking conjoint analysis by our experts.

Also, Read: Cash Flow at Risk: Tools for Financial Planning




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How to Use Decision Trees to Make Better Business Decisions https://onlinegeeks.net/use-decision-trees-to-make-better-business-decisions/ Tue, 04 Oct 2022 06:37:17 +0000 https://onlinegeeks.net/?p=10049 Whether you’re a big firm or a new startup, your success will depend on team members making the right choices and decisions all the time.  Decisions can vary and make or break brands. Sometimes, decision-making is about deciding between big ideas, such as where to build company headquarters. Other times, the stakes are smaller, like […]

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Whether you’re a big firm or a new startup, your success will depend on team members making the right choices and decisions all the time. 

Decisions can vary and make or break brands. Sometimes, decision-making is about deciding between big ideas, such as where to build company headquarters. Other times, the stakes are smaller, like which tool to buy for social media. 

Whether your decisions are big or small, decision tree analysis can help you explore options and achieve the solution you desire. 

This article will walk you through how using decision trees can benefit you and how you can make some for your business profitable and invoice your customers in second by invoice format. 

How to Create Decision Trees?

Listed below are the four steps to creating and using a decision tree diagram template:

Start with a Decision

In a “root node” box, enter the decisions you want to make. Let’s say you’re considering whether to make an in-house customer service department or outsource it. If that’s the case, the root node could be: ‘how to deploy customer support and service?’

List Options

Utilize “connectors” to list options and attach them to “root node” using “branches”. Considering the above example, the connectors can be “outsourced” or made “in-house”.

Put It to the Test

Apply a similar test to all options. For instance, when using a “leaf node” connected to “branches,” you may ask, “is it cost-effective?” 

Here are a bunch of other questions to ask:

  • How much practice and training does it need?
  • Will it increase customer satisfaction?
  • How much direct oversight do we have?

List Conclusions

Make sure to write conclusions at the end-point of every question. You can also demonstrate risks in decisions by displaying low, medium, or high probability. 

In What Ways Can Decision Trees Be Used for Business Decisions?

The good news is that the decision-making process doesn’t have to be manual; using a decision tree template makes the process a whole lot easier.

Once you have a running template, decision trees can help you with the following:

Explore Alternative Options

A decision tree lets you find possible alternative actions based on your desired outcome. 

For instance, you want to explore if it would be a good idea to develop a new line of products or continue with the same existing products. In this case, your decision tree could have two straight lines leading from the main trunk, which are further divided into the pros and cons of each branch (depicting the two options), representing the decision to proceed with new products or not. 

Get Insights Into Events

Any occurrence that is outside your control and happens as a result of your actions is an event.

Continuing the example above, the decision to develop a new product line could result in a runaway success, or you could have failed products at your hand. These two possibilities could be depicted by two further straight lines emerging from the branches we drew earlier. 

See All Possible Outcomes 

The outcomes are the results of the decision you make, built on the probability of the occurrence of a particular event.

For example, you might have to invest $1 million to develop a new product line if you do decide to go that route. Your probability of generating profits is nearly 75%. 

So you have a 75% chance of recovering more than your investment and a 25% chance of losing out on new products. But there’s also a third option, i.e., a 100% chance of not making any additional profits if you give up the idea of a new lineup.  

Takeaway

Despite limitations, decision tree analysis is a tool you require to make crucial decisions. Try it if you manage a team, benefit from good visual representation, or are struggling with uncertainty and indecision.

You’ll feel more confident knowing you have weighed various options carefully and made a decision backed by reliable data. 

So, use decision tree creators to help you find the perfect option among several alternatives. The decision tree brainstorming methods also work very well as a documented record of the inputs available to you at the time of decision making, so you can revisit your decision trees later and adjust the results as and when new info comes in.




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Project Manager Salary Trends in India https://onlinegeeks.net/trending-project-manager-salary-in-india/ Mon, 03 Oct 2022 06:38:17 +0000 https://onlinegeeks.net/?p=10001 Whether an organization wants to make a new building, organize a conference, or build software, it needs an expert to manage its project. This expert is responsible for creating a thorough action plan, finding the potential constraints and risks involved, overseeing resources and teams, and getting the project to successful completion. This professional is known […]

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Whether an organization wants to make a new building, organize a conference, or build software, it needs an expert to manage its project. This expert is responsible for creating a thorough action plan, finding the potential constraints and risks involved, overseeing resources and teams, and getting the project to successful completion. This professional is known as a project manager. 

A project manager leads teams, control and monitor projects, and handle the whole project life cycle. So, every business wants a skilled and experienced project manager to manage and handle the project development procedure. Businesses have many projects running simultaneously. A project manager is an expert at handling all of them together. Due to this, organizations are ready to offer higher salaries to project managers in India. Hence, if you have pursued the best project management courses online and have the skills, your project manager career can keep growing. 

Check out all about trending project manager salaries in India. Let us begin by answering this question: 

Who is a Project Manager? 

A project manager leads a project and is accountable for making sure that every phase of the project meets its goals. They define the main goals, scope, and purpose of the project, lead the teams, make a plan for project development, and monitor every aspect of the project to its final closure. In other words, it is the project manager who is held accountable for the failure or success of a project. 

The responsibilities of project managers include: 

  • Evaluate and mitigate the risks involved to allow flawless completion of a project.
  • Define the scope, goal, resource allocation, and procurement. 
  • Establish project phases and set timeframes for its completion. 
  • Sharing reports with clients and teams 
  • Coordinate with the teams, clients, and seniors to guarantee project satisfaction. 

You are here because you are a project manager currently or want to pursue this career. Either way, you should know that a project manager is responsible for managing and overseeing a project to guarantee its successful delivery within a set budget, deadline, and scope. The biggest challenge for a project manager is to balance the time, quality, and cost to maintain the project’s scope. Managing a project involves achieving the project’s goals by implementing processes, methods, experience, and knowledge. A project manager is also expected to have systematic and efficient approaches to managing and scheduling projects. 

Also, Read: Steps to a Smart Project Schedule

Project Manager Salary In India 

A project manager’s salary in India depends largely on the domain. It may differ on many factors like location, industry, and experience. As per the current salary trends of the project manager in India, their salaries range between 5 Lacs and 25 lacs per annum. 

Factors That Affect The Salary of a Project Manager

A project manager has many roles and responsibilities that play a vital role in deciding their salary: 

Location

The area where the project manager works is the most vital factor that affects their salary. Salaries can differ from one country to another. 

Industry

Project managers work in various industries, and thus, their salaries differ from one industry to the other. 

Company

Based on the business, a project manager can have different responsibilities. They may need to manage larger teams and complexities. Often, their salary reflects these differences.

Education 

Earning a relevant degree or certification can also increase one’s salary. Most companies need a bachelor’s degree in project management, business administration, or any industry-related field. However, you can get more salary if you have degree-level certificates. 

Project managers are in demand these days, which makes it a highly-paid profession. If you want to pursue a career as a project manager, it is the right time now. If you want a job as a project manager, prepare yourself well for project management interview questions and get a good salary.




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How Do We Get Merchandise for a Clothing Liquidation Business https://onlinegeeks.net/how-to-get-merchandise-for-a-clothing-liquidation-business/ Fri, 23 Sep 2022 06:40:32 +0000 https://onlinegeeks.net/?p=9797 Clothing is a highly competitive industry, with the pressure to maintain customers’ interest. There is always a demand for new and trendy products in the apparel industry.  This leads to the question of where the company should store old inventory that consumes a lot of space. So, How do we get merchandise for a clothing […]

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Clothing is a highly competitive industry, with the pressure to maintain customers’ interest. There is always a demand for new and trendy products in the apparel industry. 

This leads to the question of where the company should store old inventory that consumes a lot of space. So, How do we get merchandise for a clothing liquidation business?

What is a Clothing Liquidation Business?

If you live in Michigan for example, you can search for liquidation stores near me or buy liquidation pallets in Michigan. This will give you an understanding of what Liquidation stores are and how they are an easy and great business model for a side hustle. You can read further for a long explanation:

Clothing liquidation is a business that buys excess inventory from retailers who want to sell their old products in bulk to make more space for new trendy products. 

The liquidation store buys these inventories at a discounted price. Therefore, in this article, we will provide you with information on the process of obtaining merchandise for a clothing liquidation business.

Following is a brief overview of the steps you need to take to open a clothing liquidation store:

  1. You need to think about the money you can pull off for your new liquidation business. You don’t need to have a large capital, but you need some investments to buy your first clothing stock.
  2. If you want to make it a large-scale business, you should know what you are selling and decide whether you want to sell new or refurbished goods. It’s simple in the start to sell new inventory until you get used to your clothing liquidation business.
  3. As soon as you obtain your first inventory, you can then begin to resell it. You can terminate shipping costs by keeping your business local and selling it to brick-and-mortar stores, flea markets, or thrift shops.

Become an Authorized Reseller

Before you start reselling, you have to become a legit company to source liquidation pallets from an esteemed company and begin reselling. After you register your business, you will have to acquire your resale certificate. 

You will be exempt from taxes when you purchase inventory for resale with the certificate. All reputable wholesale liquidation companies or liquidation stores want you to have the resale certificate to purchase goods from them for reselling.

Buying Merchandise for Clothing Liquidation Business

You can buy merchandise for the clothing liquidation business in various ways. A significant way to buy liquidation pallets from large retailers is from their online liquidation marketplace. 

Mostly all big retailers like Macy’s, Walmart, Target, and Home Depot have their own liquidation marketplace online. In addition to liquidation inventory, you can also purchase overstock and customer-returned items from these marketplaces removing a middleman. 

Also, Read: What is Retail?

Most of the sites use an auction-based format. In this way, you can browse through all live auction lots and bid whatever amount feels comfortable to you.

Resell Items

Now you have your first inventory and you’re ready to resell it. Like you have purchased your goods from online marketplaces, you can also resell them on the same sites. 

Do your research and keep in mind which marketplace will give you better prices. You can also sell your items on Amazon and Facebook marketplace. But, while you are establishing your business, we would recommend you keep your clothing liquidation business offline and start selling in the local market. 

Selling offline will not only help you terminate your shipping cost, But it will also help you build relations with local businesses. For instance, you can start selling in brick-and-mortar stores, thrift shops, and flea markets.

Wholesale or Liquidation

When you are researching about clothing liquidation business, you have probably come across the word wholesale. Liquidation and wholesale stores, both business models have similarities, but they are still much different from each other. 

For instance, Wholesale is when a company sells its products to businesses and retailers at discounted or wholesale prices. The amount can vary depending on the product company is selling, but the price is mostly fixed. 

On the other hand, Liquidation is when the company or business is trying to make quick cash by selling its overstock, and outdated goods to create more space for new, trendy inventory.




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The Different Types of Leads in Business https://onlinegeeks.net/types-of-leads-in-business/ Thu, 15 Sep 2022 11:54:47 +0000 https://onlinegeeks.net/?p=9587 Every business, whether small, medium, or large, needs leads to keep business running. Depending on the business type, the leads will vary. For example, a business that sells products will need different types of leads than a business that offers lead generation services. Moving forward let’s take a look at the different types of small […]

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Every business, whether small, medium, or large, needs leads to keep business running. Depending on the business type, the leads will vary. For example, a business that sells products will need different types of leads than a business that offers lead generation services.

Moving forward let’s take a look at the different types of small business leads.

Cold Leads

Sales representatives often dread cold calling, as it can be difficult to generate results from scratch. A cold lead is a potential customer who has had no prior contact with your company. cold-calling them can be a tough sell, but it’s important to remember that every customer started out as a cold lead at some point.

There are a few ways to generate cold leads:

  • Purchasing lists of leads from a third-party vendor: This can be an effective method, but make sure you purchase a quality list from a reputable source.
  • Mining your own data: If you have existing customers, you can mine their data for leads that match your target demographic.
  • Attending trade shows and events: This is a great way to generate leads in person and get a feel for what your potential customers are interested in.

Once you have a list of cold leads, the next step is to start reaching out to them. The best way to do this is through email or phone calls.

Warm Leads

Sales representatives love warm leads. These are potential customers who have already shown some interest in what you’re selling, and who are more likely to convert into paying customers than someone who is completely unfamiliar with your product or service.

There are a few different ways to generate warm leads. One is through your existing customer base. If you have happy customers, they may be willing to give you referrals. Another way to generate warm leads is through trade shows or conferences related to your industry. Attendees of these events are usually interested in learning about new products and services, so they make for great sales prospects.

Finally, you can also generate warm leads through online lead generation tools like webinars or eBooks. By providing valuable information to potential customers, you can show them that you’re an expert in your field and that you have a product or service that can help them. This can help to build trust and increase the likelihood that they’ll do business with you.

Also, Read: Why Dripify is the Best LinkedIn Automation and Lead Generation Tool

Hot Leads

Hot leads are potential customers who have shown recent interest in your product or service. They may have visited your website, subscribed to your newsletter, or called your company to inquire about your products or services.

These leads are very important because they represent potential customers who are interested in what you have to offer. By targeting hot leads, you can more effectively market your products or services and increase your chances of making a sale.

There are several ways to generate hot leads:

  • Use search engine optimization (SEO) to attract visitors to your website.
  • Use pay-per-click (PPC) advertising to drive traffic to your website.
  • Use lead capture forms on your website to collect contact information from visitors.
  • Use social media to promote your products or services and attract leads.
  • Use email marketing to reach out to leads and customers.

Hot leads are valuable because they are more likely to convert into customers than cold leads.

Information Qualified Leads (IQL)

IQLs are information-qualified leads that have been vetted by marketing or sales and found to meet certain criteria that make them ideal prospects for your product or service. IQLs typically have a higher likelihood of becoming paying customers than other leads, and as such, they are often given priority treatment by sales and marketing teams.

The criteria used to determine whether a lead is an IQL can vary from company to company, but some common criteria include:

  • The lead has expressed interest in your product or service (e.g. through a web form submission or event attendance)
  • The lead fits your target customer profile
  • The lead is engaged with your brand (e.g. they subscribed to your email list or are following you on social media)
  • The lead has a high likelihood of becoming a paying customer (e.g. they have a budget for your product or service, and they are decision-makers within their organization)

If you’re looking to generate more IQLs, here are a few things you can try:

  • Create targeted content: Produce content that is specific to your target customer profile. This will help you attract leads that are already interested in what you have to offer.
  • Use lead nurturing: By providing valuable information to leads at each stage of the buyer’s journey, you can increase the likelihood that they will become IQLs.
  • Make it easy to buy: Make sure your website and purchase process are optimized for conversion. This will help you close more deals and turn more leads into IQLs.

Which Lead Should You Focus On?

The leads that are most likely to convert into IQLs are those that are already interested in what you have to offer. To generate more of these leads, focus on creating targeted content and making it easy for them to buy from you. By doing so, you’ll be able to close more deals and grow your business.




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