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    Productivity in Spain - Where are the Opportunities?
    A recent statistical overview presented by Eurostat , the central statistics office of the European union, presented an overview about the differences in the working week between the various member states of the European Union.According to these statistics, the Spanish working week is -- with an average of 38.2 hours -- amongst the highest of the European Union, only the eastern countries (like Poland and Lithuanian, etc) and Greece (39.4) have a higher working week. The average working week for the member states was calculated to be 36.3. (http://www.elpais.es/ articulo/elpporsoc/20060807 elpepisoc_1/Tes/espa%C3%B1oles/est%C3%A1n/ europeos/m%C3%A1s/horas/trabajan)This means that there is yet a lot of productivity to gain in Spain. A higher productivity will be possible if the amount of input (human resources) remains the same while generating a higher level of production.T
    member. TARGET - TARGET - TARGET your market, otherwise you might as well just throw your money to the wind.

    Let's look at money wasters in the RADIO media.

    Radio happens to be one of my favorite ways to advertise and for many reasons. But there are companies that just don't understand it well enough to buy it responsibly. And that leads to an inefficient campaign. There are a number of reasons to use radio, but I'll focus on the 2 main reasons.

    1. You are introducing yourself or a new product and you want to do some brand building.

    2. You are well known and have a fabulous promotion you need to advertise.

    Each demands a totally different approach in how you plan to schedule your spots and the number of spots needed. Unfortunately, it can be rather lengthy to explain the many variables in this article so I will site just a few examples.

    1. OVER-BUYING

    Building a brand takes time. It makes no sense to buy radio spots ev

    Women Play to Win in Business and Life
    Have you seen this happen to a woman you know?She gets very close to success - then turns her attention in another direction.She has an opportunity to "shine" at a meeting, but turns it over to someone else.You compliment her on what a great job she did and she gives credit to the team instead.She has a million-dollar idea, but decides to take the safer route and get a steady job and pursue the idea "later."These are examples of "playing not to lose" and it's often a common ailment of women in business. It's taking the safe option instead of really going for it.While part of this may be a result of our culture, we still have choices. And that choice can be to "play to win!"There are five principles for a "Play to Win" attitude.1. Be Decisive. In business there are opportunities that are time-sensitive and if you delay in making a choice, you may lose the
    They say that fifty percent of your Ad budget is wasted. The only problem is, nobody knows which fifty!

    Well it's your lucky day, because over the years, I've uncovered many key areas where advertising dollars are squandered, misspent, misdirected and misused.

    But first, I think it's important to define which advertisers are likely to be the most wasteful.

    1. Companies that don't use professional media-buying services.

    2. Companies with in-house agencies that lack the expertise to buy media correctly. They save the standard 15% agency fees, but waste way more in weak creative, poor media planning and overbuying (it impresses the boss to hear or see his company name every 3 minutes).

    3. Businesses that simply don't use the proper media to reach their target market.

    4. Businesses that rely solely on their Agency. Although Agencies are usually very adept, honest and have the company's interests at heart, they may not be quite as frugal with their client's money. It is wise to hire an inside marketing professional to be your liaison.

    5. Companies that lack a leadership approach in their creative and simply follow the same old - same old.

    These are just a few examples of the kind of companies that are wasteful when starting up an advertising campaign. Let me say that we are talking about wasteful - no successful.

    In fact, many of these companies are major players as well as spenders. That being said, I only wish I had the money they wasted.

    So, what are the most wasteful advertising practices that go on day after day?

    Let's start with Print.

    1. BUYING FULL COLOUR, FULL PAGE ADS

    They're simply not necessary unless the colour of the product is integral to making a sale. ie: fashion collections, paint, wallpaper etc. The fact is, when you take a full page ad, there is no competition. You dominate. Your message is absolutely getting through. Colour ads will serve you much better when you want your ad to stand out on a page filled with ads. Don't get me wrong, I think full page ads say something very important - THIS IS BIG, DON'T MISS OUT! But I believe spending extra money for full colour is generally unwarranted. And really, newsprint colour rarely does justice to the product.

    2. BILLBOARDS WITH MORE THAN 7 WORDS

    Here's a real money waster. People are driving by at a fair clip, and some companies actually expect them to read sentences, paragraphs and even instructions. Can you believe?

    And what's with the 5 point type? Yes, we know it's big when you stand on it, but from the ground....

    3. ADS DESIGNED FOR FREE BY THE NEWSPAPER

    There may be plenty of talent in the graphic departments of the nation's newspapers, but truth be told, they'll never give you cutting edge creative with font finesse, eye-catching headline and motivating body copy. Why? They simply don't have the time. It's a sausage mill environment typical of most media that offer up free production services. Bottom line - it wastes your money because it lacks impact. It may even lower your customer's perception of your business if the design qualities lack taste.

    4. BAD LOGOS

    When it comes to branding, your logo is key! Nothing irks me more than a poorly designed logo. If you plan to be in business a while, invest in a properly designed logo that will inevitably define who you are. If you're looking to build trust, consider a consumer's perspective. Shoddy design = shoddy company.

    5. IN-DIRECT MAIL

    I say in-direct because that's exactly what it is! Unless it's got the recipient's name and address on the envelope it will more often than not, end up with the dozens of other flyers it is grouped with...in the trash.

    When you tally up the cost of designing, printing, and distributing your "in-direct mail" piece into the marketplace, the return on investment is just too low. Always remember. TARGET - TARGET - TARGET your market, otherwise you might as well just throw your money to the wind.

    Let's look at money wasters in the RADIO media.

    Radio happens to be one of my favorite ways to advertise and for many reasons. But there are companies that just don't understand it well enough to buy it responsibly. And that leads to an inefficient campaign. There are a number of reasons to use radio, but I'll focus on the 2 main reasons.

    1. You are introducing yourself or a new product and you want to do some brand building.

    2. You are well known and have a fabulous promotion you need to advertise.

    Each demands a totally different approach in how you plan to schedule your spots and the number of spots needed. Unfortunately, it can be rather lengthy to explain the many variables in this article so I will site just a few examples.

    1. OVER-BUYING

    Building a brand takes time. It makes no sense to buy radio spots eve

    Home Business - Make Sense Of The Failure Rate
    When there is such an enormous choice of ways to make money at home, it seems strange that so many people fail when they try to start their own home business. Do they all choose the wrong business for them or is there something inherently wrong with the idea of earning money working from home? The statistics produced in regard to home businesses say that 90% will come to an end within the first five years. Ninety percent is a frighteningly high failure rate. If we assume the statistics are correct, should we let them deter us from working from home?Some people quote a failure rate of 95% or 98% for Internet based businesses but, for now, let's assume the failure rate is at the same 90% level for any home business (online or offline). One thing that the figures don't reflect is that five years is a long time for most of the people who start their own home based business. All sorts of people, for al
    . It is wise to hire an inside marketing professional to be your liaison.

    5. Companies that lack a leadership approach in their creative and simply follow the same old - same old.

    These are just a few examples of the kind of companies that are wasteful when starting up an advertising campaign. Let me say that we are talking about wasteful - no successful.

    In fact, many of these companies are major players as well as spenders. That being said, I only wish I had the money they wasted.

    So, what are the most wasteful advertising practices that go on day after day?

    Let's start with Print.

    1. BUYING FULL COLOUR, FULL PAGE ADS

    They're simply not necessary unless the colour of the product is integral to making a sale. ie: fashion collections, paint, wallpaper etc. The fact is, when you take a full page ad, there is no competition. You dominate. Your message is absolutely getting through. Colour ads will serve you much better when you want your ad to stand out on a page filled with ads. Don't get me wrong, I think full page ads say something very important - THIS IS BIG, DON'T MISS OUT! But I believe spending extra money for full colour is generally unwarranted. And really, newsprint colour rarely does justice to the product.

    2. BILLBOARDS WITH MORE THAN 7 WORDS

    Here's a real money waster. People are driving by at a fair clip, and some companies actually expect them to read sentences, paragraphs and even instructions. Can you believe?

    And what's with the 5 point type? Yes, we know it's big when you stand on it, but from the ground....

    3. ADS DESIGNED FOR FREE BY THE NEWSPAPER

    There may be plenty of talent in the graphic departments of the nation's newspapers, but truth be told, they'll never give you cutting edge creative with font finesse, eye-catching headline and motivating body copy. Why? They simply don't have the time. It's a sausage mill environment typical of most media that offer up free production services. Bottom line - it wastes your money because it lacks impact. It may even lower your customer's perception of your business if the design qualities lack taste.

    4. BAD LOGOS

    When it comes to branding, your logo is key! Nothing irks me more than a poorly designed logo. If you plan to be in business a while, invest in a properly designed logo that will inevitably define who you are. If you're looking to build trust, consider a consumer's perspective. Shoddy design = shoddy company.

    5. IN-DIRECT MAIL

    I say in-direct because that's exactly what it is! Unless it's got the recipient's name and address on the envelope it will more often than not, end up with the dozens of other flyers it is grouped with...in the trash.

    When you tally up the cost of designing, printing, and distributing your "in-direct mail" piece into the marketplace, the return on investment is just too low. Always remember. TARGET - TARGET - TARGET your market, otherwise you might as well just throw your money to the wind.

    Let's look at money wasters in the RADIO media.

    Radio happens to be one of my favorite ways to advertise and for many reasons. But there are companies that just don't understand it well enough to buy it responsibly. And that leads to an inefficient campaign. There are a number of reasons to use radio, but I'll focus on the 2 main reasons.

    1. You are introducing yourself or a new product and you want to do some brand building.

    2. You are well known and have a fabulous promotion you need to advertise.

    Each demands a totally different approach in how you plan to schedule your spots and the number of spots needed. Unfortunately, it can be rather lengthy to explain the many variables in this article so I will site just a few examples.

    1. OVER-BUYING

    Building a brand takes time. It makes no sense to buy radio spots ev

    Emerging Trends: Handicrafts Industry
    Electronic commerce (e-commerce) is increasingly discussed and written about in today’s knowledge-based economies. Although there are currently no internationally agreed-upon definitions of e-commerce, the OECD (Organization for Economic Co-operation and Development) defines e-commerce transactions as: the sale or purchase of goods or services, whether between businesses, households, individuals, governments, and other public or private organisations, conducted over computer-mediated networks. The goods and services are ordered over those networks, but the payment and the ultimate delivery of the good or service may be conducted on or off-line. The concept of e-commerce extends into communications, promotion, customer service, statistics, and usage patterns. However, often overlooked when examining e-commerce acceptance or failure is the social and cultural impact of conducting conventional business transactio
    ad to stand out on a page filled with ads. Don't get me wrong, I think full page ads say something very important - THIS IS BIG, DON'T MISS OUT! But I believe spending extra money for full colour is generally unwarranted. And really, newsprint colour rarely does justice to the product.

    2. BILLBOARDS WITH MORE THAN 7 WORDS

    Here's a real money waster. People are driving by at a fair clip, and some companies actually expect them to read sentences, paragraphs and even instructions. Can you believe?

    And what's with the 5 point type? Yes, we know it's big when you stand on it, but from the ground....

    3. ADS DESIGNED FOR FREE BY THE NEWSPAPER

    There may be plenty of talent in the graphic departments of the nation's newspapers, but truth be told, they'll never give you cutting edge creative with font finesse, eye-catching headline and motivating body copy. Why? They simply don't have the time. It's a sausage mill environment typical of most media that offer up free production services. Bottom line - it wastes your money because it lacks impact. It may even lower your customer's perception of your business if the design qualities lack taste.

    4. BAD LOGOS

    When it comes to branding, your logo is key! Nothing irks me more than a poorly designed logo. If you plan to be in business a while, invest in a properly designed logo that will inevitably define who you are. If you're looking to build trust, consider a consumer's perspective. Shoddy design = shoddy company.

    5. IN-DIRECT MAIL

    I say in-direct because that's exactly what it is! Unless it's got the recipient's name and address on the envelope it will more often than not, end up with the dozens of other flyers it is grouped with...in the trash.

    When you tally up the cost of designing, printing, and distributing your "in-direct mail" piece into the marketplace, the return on investment is just too low. Always remember. TARGET - TARGET - TARGET your market, otherwise you might as well just throw your money to the wind.

    Let's look at money wasters in the RADIO media.

    Radio happens to be one of my favorite ways to advertise and for many reasons. But there are companies that just don't understand it well enough to buy it responsibly. And that leads to an inefficient campaign. There are a number of reasons to use radio, but I'll focus on the 2 main reasons.

    1. You are introducing yourself or a new product and you want to do some brand building.

    2. You are well known and have a fabulous promotion you need to advertise.

    Each demands a totally different approach in how you plan to schedule your spots and the number of spots needed. Unfortunately, it can be rather lengthy to explain the many variables in this article so I will site just a few examples.

    1. OVER-BUYING

    Building a brand takes time. It makes no sense to buy radio spots ev

    Promotional Mouse Mats And Generating Interest At Home
    Promotional mouse mats are a great way to generate interest in your company because they are large enough to hold a decent amount of advertising. They take up a prominent place on your customers’ desks when they are used, and can keep your business in the minds of your customers for as long as they are in use simply by existing. It is in your best interest to make your promotional mouse mats out of quality materials, and design them to be attractive and possibly even useful in other ways to keep your customers using them.Promotional mouse mats can be paired with coasters or wrist rests to increase the interest in them, and you should consider it money well spent if you are getting additional clientele out of your use of these tactics. Another great way to generate interest is to hand them out by hand, but how do you do this without it seeming odd?Promotional mouse mats should be high quality a
    l of most media that offer up free production services. Bottom line - it wastes your money because it lacks impact. It may even lower your customer's perception of your business if the design qualities lack taste.

    4. BAD LOGOS

    When it comes to branding, your logo is key! Nothing irks me more than a poorly designed logo. If you plan to be in business a while, invest in a properly designed logo that will inevitably define who you are. If you're looking to build trust, consider a consumer's perspective. Shoddy design = shoddy company.

    5. IN-DIRECT MAIL

    I say in-direct because that's exactly what it is! Unless it's got the recipient's name and address on the envelope it will more often than not, end up with the dozens of other flyers it is grouped with...in the trash.

    When you tally up the cost of designing, printing, and distributing your "in-direct mail" piece into the marketplace, the return on investment is just too low. Always remember. TARGET - TARGET - TARGET your market, otherwise you might as well just throw your money to the wind.

    Let's look at money wasters in the RADIO media.

    Radio happens to be one of my favorite ways to advertise and for many reasons. But there are companies that just don't understand it well enough to buy it responsibly. And that leads to an inefficient campaign. There are a number of reasons to use radio, but I'll focus on the 2 main reasons.

    1. You are introducing yourself or a new product and you want to do some brand building.

    2. You are well known and have a fabulous promotion you need to advertise.

    Each demands a totally different approach in how you plan to schedule your spots and the number of spots needed. Unfortunately, it can be rather lengthy to explain the many variables in this article so I will site just a few examples.

    1. OVER-BUYING

    Building a brand takes time. It makes no sense to buy radio spots ev

    In Business Scheduling is Critical
    In my youth, many years ago, I worked for a medium size manufacturing company. I was, like all at that age, eager and knew it all. And some still call me a know it all.After two months there, the President asked to speak to me. I did not think he even knew I existed. Sweat time. I was sure I would get the axe and I had no idea why.“I need your help,” he said. I started to become confused and weak kneed. My being speechless, he continued: “We are having serious scheduling problems and I would like you to investigate. A fresh look at the problem may be useful.”“Listen to this” he said, “It is a memo to the Sales Manager from the Production Manager.”He read the memo “John: Do you want us to rush the rush job we are rushing now, or are we to rush the rush job you wanted us to rush before we rush the rush job we’re rushing now, or rush the rush job we were rushing before?”With tha
    member. TARGET - TARGET - TARGET your market, otherwise you might as well just throw your money to the wind.

    Let's look at money wasters in the RADIO media.

    Radio happens to be one of my favorite ways to advertise and for many reasons. But there are companies that just don't understand it well enough to buy it responsibly. And that leads to an inefficient campaign. There are a number of reasons to use radio, but I'll focus on the 2 main reasons.

    1. You are introducing yourself or a new product and you want to do some brand building.

    2. You are well known and have a fabulous promotion you need to advertise.

    Each demands a totally different approach in how you plan to schedule your spots and the number of spots needed. Unfortunately, it can be rather lengthy to explain the many variables in this article so I will site just a few examples.

    1. OVER-BUYING

    Building a brand takes time. It makes no sense to buy radio spots every half hour. Slow and easy is the rule here. Several spots spread out over the long term.

    My favorite approach is to double my radio budget by buying alternate weeks. You can actually buy 26 weeks of airtime and leave the listener with the impression that you advertise ALL THE TIME - 52 weeks a year! This happens because there is a roll-over effect of your message from week to week and the listener does not have a sense of that time frame. Why buy 52 weeks when you don't need it?

    2. UNDER-BUYING

    Radio is powerful, but don't expect much action with 1 spot a day. The power is in the frequency. I mean this in reference to planning a large promotion. If you don't get the job done right, you will have wasted your money. 1 spot a day isn't right.

    If your budget is limited, what I usually do, is to group my spots over a three day period in the week. This concentration is very effective and the spill-over effect is enhanced if you run a print ad at the same time.

    3. NOT USING 10 AND 15 SECOND SPOTS

    There was a time when 60 second spots dominated the air. As rates rose, 30 seconds became the norm. But today, it may surprise you, but you can get a fabulous response with just 10 and 15 second spots. This approach works even better if you've already run 30 seconds beforehand. The secret here? Listeners who have heard the 30 seconds previously, hear the same global message when they hear the 10 second message. A great way to save money and make a more efficient and effective radio buy.

    4. BUYING ONLY MORNING AND DRIVE SPOTS

    You may think your radio dollars are reaching your audience in the prime time slots, but here's a surprise for you. You're reaching the same people every day. Now, at first glance that seems like a plan, but think of all the people who never hear your message. If you don't have some exposure between the hours of 10am - 4pm, or 7pm - midnight, you're missing out on 6 hours of audience that may not necessarily be prime time listeners. They could be watching TV, reading the paper, surfing the web or asleep!

    Spread your radio spots out. The rates are cheaper, and in many ways more effective.

    Being a big believer in brevity, I'll take up more wasteful advertising practices in my next article.

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