Online Gadget of the week part2: Grow your Business with Twitter
There are many success stories using Twitter for business. I am going to tell you how to use Twitter to get maximum out of it and increase your customer Tele and to improve sales.
As I said in my previous post Twitter is a Micro blogging service with special Feature called tweet. Tweets allow you to send 140 character short messages to your followers.
When you follow other people on Twitter, you see their tweets. When they follow you, they see your tweets. You have full control over tweet you can turn it ON or OFF anytime. Twitter keeps public record of all your tweets, which you can search what ever you want.
Let me tell you how to start with Twitter:
1.First create a Twitter account and complete your company or corporate Bio, this will help member who visit your profile to know more about your company and your products and this will create good chance converting them in to your followers in twitter.
2.Then make your Twitter profile a professional one add your company logo, the logo create creditability and add good profile background. There any many website in internet which offer twister background either as a paid service or free one.
3.Search like minded people, people who interested in your profile and users from your area who could be potential buyers. Then include you as there follower and reply to tweet you receive from them and in due course they also start following your tweets. I have come across a success of a local coffee shop using Twitter. The lady of that coffee shop opened Twitter account and start communicating with members in her coffee shop area and soon she have more than 1000 followers. She received order from her regular coffee shop customer but through Twitter this is the first To-Go Order (parcel order). She soon started taking Parcel order from her Twitter clients. Now that coffee shop become meeting place for local Twitter members and she double her clients through Twitter
4.Driving Traffic to your site: While sending tweets you can add your website or blog link along with that 140 character message. So using tweet you can post your promotion, offers along with the link to buy your product or service. Making you Tweet message interesting is important thing in getting good result and high click through rate.
5.Twitter is also a good way to stay in touch with customer and also to update your customer on recent changes in your product, upgrade, new products and offers. Tweets are instant broadcast so you don’t need to wait and also send tweets in time were your follower are free to read your tweets.
So why you are waiting, start your Twitter journey and share your experience with me.
To create twitter account visit https://twitter.com/signup
Grow your Business with Twitter
Tata May not need UK Government Support for Jaguar-Land Rover Rescue
Tata May not need UK Government Support for Jaguar-Land Rover Rescue
Jaguar-Land Rover UK unit which was brought by Tata in 2008 in historical Deal between Ford and Tata was in deep financial crisis. The economy crisis axed the car sales in European and USA this inturn made many car makers to seek for Government Bailout and Bankrupcy.
The Jaguar-Land Rover UK unit which posed a 641.5 million pounds but it suffered 673.4 million pounds net loss in 2008-2009 fiscal. This made Jaguar-Land Rover to seek government help to raise fund and the company executives lobbing the government to provide guarantee to the fund raising for almost 12 month but there are differences between UK government and the Jaguar-Land Rover.
The government is only ready to provide 6 month guarantee for the loan raised. Yesterday JLR announced it has almost finalized its short-term funding facilities through commercial banks. The company also said it is in final stage of negotiating commercial arrangements for funding and guarantees for the approved £340-million loan. The press release says “These arrangements have been and are expected to be concluded without necessitating guarantees from the UK government,”.
Doing Business with Goverment Sector is noting but a Hurdle
Doing Business with Goverment Sector is noting but a Hurdle
I always stick to my belief don't relay or do business with government related business entity until unless you have good political support to move your case or bbusiness.
Why i am saying that because today all bank employees went to two day national wide strike putting the entire economy in to stand still.
Really it’s a shame one; they may go for strike for some good reason but the ultimate suffers is people and their businesses. The main highlight of this strike is timing they picked a period which cause maximum damage to people and to the economy at large.
The bankers know that first 10 day of month is the very crucial where most people do their bill payments or receive their money as salary, pension, bill payments, rents, school and college fess and business receive their raised invoice payment during this time.
Personally i don't have account in any nationalized bank because i hate their standard and the way they treat the customer in fact many times we need to beg them to get our work done like getting cheque book, bank statement or cash withdrawal at last minute of banking time.I have three bank accounts all are in private bank almost i don't need to visit those private bank to do my transaction from payment transfer, withdrawal, cheque request and also i get update on every deposit and withdrawal details in mobile.
So i don't this guy went to strike or not.
Today as it his month BEGINING I have to pay Rs10,oo for my bill payments like all other general public you have to pay their bills and i don't know that today is nationalized bank employee went for bandth and in fact even if i know this early i don't care about it.
As usual i went to a near by ICICI Bank with my Axis Bank debit card, generally i use to withdraw money with my Axis debit card in this ATM as the nearest Axis bank to my home is 5 km.
i went to ICICI Bank Atm and there was some confusion and one person waiting outside the ATM suddenly went to his bike and moved i don't why he because he is the next person to enter.
When i enter the ATM i inserted my card and as usual everything went smooth and i gave Rs10,000 as withdrawal amount and gave confirm. But to my suprise it showed that " temporily we can't to the Transaction"
i am confused, i know my card have money and the pin also correct but then only the security guy standing behind me told "sir today ATM machine is not accepting Non ICICI Bank cards", in furious i asked him why?, every time i use to take money from this machine only, for that he said sir two days banks went to strike so ATM SBI, Indian bank card are not accepting.
I literally shocked whether my bank also went to strike i know that private bank never went to strike but i am upset what if my bank ATM is out of cash.
After coming out of ICICI Bank ATM i decide to go my bank ATM and travel 5 km just to take my money. Ya my Bank ATM is working and in fact not even a person waiting there its empty i just entered and took the amount and came back as relieved person.
But then it is not a case for many Indians as most of them keep there money only in nationalized bank for security reason and also because they do banking with nationalized banks for decades. They all have to suffer this pain. They may need their money for emergency needs like buying pills, for treatment, and to pay their monthly bills. Businesses that are known to pay there bills only during the deadline this month may end in paying late payments.
Not just that millions of senior citizens who just look for the month begin to withdraw their pension money from bank has to go home with empty hand. Not this pension receiver are widowers and relay only on this amount to run their life. Personally i know a poor old lady she every month come to SBI Bank to get is money, she come to bank three or four days before pension money deposit and every day ask the Teller whether her money deposited in her account. Some times i have seen the Teller shouting at her don't come now. it will get deposit in to yoru account after three or four only but still that lady beg that person. She is illiterate but why she is begging that teller is she is desperate in need of that small amount and she rely only on that money to run her life.
To avoid such situation happening again in future the government must disinvest its holding in Banks and make the entire banking industry in country a private one. The government and RBI must change it role as from stake holders to moderators.
The governing of all banks should be hand over to private body and government ensures the proper function of the Bank's Board of directors. This will stop Trade Union from going strike as employee fear of their job and know that private operators will handle things legally and with Iron fist instead of looking this economy crisis in political view.
New chapter in my blog: Business Gadget for the Week.
New chapter in my blog: Business Gadget for the Week.
I dude I am much interested in moving the business from paper to online. I am also keen to learn and adapt new technology. When I heard first heard online newsletters in website, few years back I have one for my website and now I have created a good list of like minded people who interest in business buzz in my Newsletter.
Let come to point now I plan to discuss about cool new and useful online tools or stuff that we can use to improve our business and business ties. I have planned to discuss atleast one online tool a week. Last month I am cross an invitation from my friend to join Twitter, for people who don’t know about twitter it’s a social networking and micro-blogging site with some feature, they call it tweet. I have joined twitter last week one I joined I want to know what is tweet, the word is now a buzz word in the internet.
Tweet is short message servie offered by twitter. The author can post a 144 character which will be sent to members who are all subscribed to the author’s blog list. The tweet will be delivered to subsciber’s twitter account or as a SMS to subscriber mobile based to the option the subscriber preferred. The tweet service as free as of know and thus it attract many business houses that want its customer well informed about their new products, offers and product news are entering twitter to utlizse this service to improve their business and to reach the customer quickly about their product details.
I will post my experience with twitter and how you can use twitter for your business needs in coming posts.
Infosys BPO secured a Five year Deal with UK Telecom giant T-Mobile
Infosys BPO secured a Five year Deal with UK Telecom giant T-Mobile
Infosys BPO, the business process outsourcing harm of Infosys Technologies, today announced that it has secured a five-year contract with T-Mobile United Kingdom. Infosys BPO has been engaged by T-Mobile UK to support several core processes for their finance directorate - covering customer finance, commercial finance and accounting (F&A) and procurement operations.
This strategic partnership is significant as Infosys BPO is taking responsibility for specific transactional activities, allowing T-Mobile to concentrate on the main financial issues that are strategically important or which deliver competitive advantage.
Over the past year, Infosys BPO has been focusing on acquiring domain expertise across industries to enable it to address industry-specific pain points faced by clients, using a combination of process and technology levers to improve efficiencies.
Infosys BPO’s continuous focus on process excellence and operational scalability has been seen as important factor to forging this strategic partnership.
"We are pleased to have been selected by T-Mobile United Kingdom. Our strong F&A capabilities combined with our understanding of the telecom industry helps us successfully transform businesses of our clients.” said Gopal Devanahalli, Vice President and Head, Communications, Media and Entertainment (CME), Infosys BPO.
Tim Spence, Head of Customer Finance, T-Mobile UK, said: “We were keen to partner with a company that possessed a good understanding of our requirements and business needs. Infosys BPO has shown deep telecom experience and is widely recognized as a leader in business process outsourcing. We are confident of gaining immense value through our partnership with Infosys BPO."
Japan’s Nomura acquires 35 per cent stake in LIC Mutual Fund
Japan’s Nomura acquires 35 per cent stake in LIC Mutual Fund
Japan's Nomura Holdings Inc bought 35 per cent stake in LIC Mutual Fund Asset Management Co Ltd (LICMF AMC), a unit of the country's largest insurance company, Life Insurance Corporation of India Ltd (LIC) for about Rs308 crore.
As per the agreement between both parties signed in Mumbai on Saturday, The acquisition 35 per cent stake in LIC Mutual Fund will be carried out by the Nomura Asset Management Co Ltd, a subsidiary of Nomura Holdings Inc.
Out of the Rs 308 crore proceeds amount, Rs80 crore will go to LICMF and the rest to the existing LIC Mutual Fund shareholders of the asset manager.
Once the deal has been closed LIC will hold 45 per cent stake in the LICMF AMC, Nomura Asset Management will have 35 per cent and the remaining 20 per cent will be held by LIC Housing Finance.
BSE sensex lost 253.24 points
Mumbai July 10: The BSE sensex lost 253.24 points at the end of the day compare to its previous close
The 30-share BSE index fell 1.84 percent, or 253.24 points, to 13,504.22, its lowest close after the ruling coalition won general election. The 50-share NSE Key index Nifty down by 1.9 percent closed at 4,003.90 points.
The main reason for the fall is a sell-off by foreign hedge funds institutions due to redemption pressures from their investors.
This week the benchmark index last more than 9 percent. The sensex started it fall on Monday after the budget expectation are not met and on Monday this triggered the largest single day fall in 6 month.
Major Loser
Sensex heavy weight Reliance Industries which led the index losers fell 4 percent to 1,778.40 rupees.
Reliance Infra -6.5%,
JP Associates -5.6%,
Reliance Comm -5.4%,
HDFC -4.7%, Sun Pharma -4.2%
The stock has fallen 12.3 percent this week, the second steepest weekly slide this year.
Major Gainer
Infosys up by 3 percent to 1,726.50 rupees after posting 17% increase in profit for 1 st quarter
Mahindra Satyam up by 2.05 percent
Sterlite Industries rose 3.3 percent
