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Archive for April, 2010

Tips To Getting Better Wholesale Prices

If you are having a tougher time of it as of late with the sagging economy you may have some worries about how to get the inventory you need get it to your customers and make enough of a profit to keep you in business.

One thing you may want to look into is what you are paying your wholesalers.

If you are having a hard time financially they are likely having a hard time too. This means you may be able to work out a deal with your wholesaler that is a help to the both of you.

New Rules

If you have been in the wholesale market for a while you know there are always rules. Often these relate to the number of items you have to purchase. Wholesalers are in the business of moving large numbers of items. This is just what they do. Your job is to move the individual and smaller numbers of goods. This means they will often set a minimum number of each item that you must purchase from them.

While those rules are usually hard and fast they may be willing to flex them a little bit right now as they need to make sales as much as you do and a smaller sale is better than no sale at all.

If you are going to go this route consider still spending the same amount with your wholesaler but also expending your retail offerings. If there were some new items you were thinking of selling this may be a good time to buy just a few and try them out.

New Prices

In addition to being able to get a little flexibility on the rules of making purchases through your wholesaler you also may be able to get a little flexibility going in the prices that you pay to your wholesaler for some of the goods you are planning to purchase.

Start this process by looking at their price breaks. Many wholesalers have a different price for items depending on how many you buy. You may want to ask your wholesaler if they would be willing to give you a break to a higher price break even though you dont have enough of the items to qualify.

Initially they may not like this idea but this is where you need to be honest. Let your wholesaler know you are having a tough time and trying to make it work and make a purchase but that you may have to pass on some of the items if you cant get a better deal. Often they will give you the price break so they can still make a sale.

About the writer:  Steve Sikes is an MBA and writes articles on wholesale and liquidation auctions and how to make a profit reselling these products. He also writes articles on financial products including insurance and credit cards. To read other articles on wholesale and liquidation auctions and making a profit buying and reselling liquidation clothing jewelry electronics apparel and much more you will want to visit www.WholeSale611.com

Seasonality And The Stock Market

To everything turn turn turn
There is a season turn turn turn
And a time for every purpose under heaven

A time to be born a time to die
A time to plant a time to reap
A time to kill a time to heal
A time to laugh a time to weep The Byrds

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Just like the seasons in which flowers blossom in the spring torrential downpours come in the summer the leaves change in the fall and snowflakes fall in the winter there are patterns that exist within the stock market that recur year after year.

For example the Santa Claus rally usually takes place during the last 5 trading days of the year and the first 2 trading days in January. This time period has averaged a 1.4 gain since 1969. If Santa fails to appear this usually portends a bear market.

One of the most famous and consistent patterns is the so called January Effect in which small cap stocks have outperformed large cap stocks 41 out of 43 years. The run up generally begins in midDecember and most of it ends by midJanuary.

Then there is the January barometer in which the first 5 trading days of the year act as a gage for how the rest of the year will turn out. This has been a very effective tool in which the last 36 times the first 5 days have been up has led to gains for the year 31 times. The average gain in each of the 36 years has been 13.1.

In nine out of the last fourteen post election years the Samp;P has shown a loss during the first five days of January six of which resulted in a full year’s loss of 11.1. This leaves five post election years where there were gains during this period. One of these years ended up being a loser but four of these years the average gain was 22.6. So investors should watch the first few days of January closely.

There are other things one can take a look at when examining yearly patterns. For example the days before and after certain holidays generally show a tendency towards bullishness. Under the democrats markets usually show bigger gains than when republicans are in power. The last two years of a presidency have been substantially more bullish than the first two years with the third year showing an average of a 10.6 gain and the fourth year a 6.7 gain.

When considering seasonal patterns one should never rely on these alone for taking trades because unusual events like war acts of terrorism and acts of God can disrupt these patterns. However when combined with with technical and fundamentals these patterns can act as a road map for decision making in the markets.

About the writer:  Palmer Owyoung is the founder of www.OptionSpreadTrades.com a website dedicated to helping the average investor earn 515 a month through the use of credit spreads debit spreads and iron condor

Outsourcing To A Call Center The New Way To Handle High Call Volume

Many businesses are struggling to keep afloat these days and are finding the need to use outsourcing as a way to improve their bottom lines so they can concentrate on their core business while making sure critical elements like customer service phone coverage and technical assistance are still covered. Many businesses large and small are turning to telephone answering services as a way to route phone calls to a call center and have them handled promptly and efficiently. This new way of handling high call volume is making businesses more efficient and helping them service their customers in the most effective manner possible.

Businesses are using the call center for a variety of functions. They can serve as a virtual receptionist that fields all the incoming calls and directs messages to the appropriate party. They are also using them as a means to handle overflow when phones get busy and there are not enough staff to handle the tremendous call volume. Telephone call answering systems can help a business farm out a busy customer service or technical support operation to a call center instead of hiring additional staff to perform this function. Reliable live operators are trained to perform many functions from the call center for your organization. They answer the phone just like it was being answered by one of your employees and callers do not realize they are calling a call center. So whether the function is order taking or order processing to handling of messages by a remote receptionist your company experiences seamless phone coverage.

Having your phones covered by a phone answering service can free up items in your budget that can be directed to propelling your core business forward. Outsourcing any or all of your phone operations can be a major benefit to your company because you don’t have to expend resources on hiring and training staff. Having a telephone answering services that can provide multiple layers of support for your phones can be of real benefit. Whether it’s fulfilling a customer support role or just acting as a telephone secretary who handles incoming messages and disseminates them to the appropriate parties a call center can make a huge impact on a business that is trying to focus on its bottom line and core business activities. Outsourcing has become a major strategy for many companies large and small as a way to deal with high call volume and remain competitive in their business pursuits.

About the writer:  TeleMessagingUSA provides professional answering services to companies looking to improve their customer communications. TeleMessaging USA has been providing telemessaging and business answering services to businesses for more than 15 years and provides after hours weekends holiday and peak answering services.