Bloggy Business Today

I have had my share of negative insights as far as pyramid marketing in the Philippine is concerned. The point is, some people abuse the beauty of it. Some even build multi-level marketing just for the sake of earning, leaving out the best part that catches the fancy of most people, the product being marketed.

It is true that I have turned my back on such a scheme, for the reason that most people only want to earn from their down lines and referrals rather than actually understanding the business. Such pyramiding businesses as First Quadrant, Forever Living, and some computer things that showed outrageous ways of earning millions, most of which by the way I don’t really buy since I found out that they are all fabricated presentations just to catch the uneducated businessman of what he can expect. Sad but true, people are only into pyramiding in the business because they think they can earn millions. The people behind it wouldn’t really care. It’s the money that counts and not the business. But look at where most of them are now. They vanished as quickly as they existed. That alone is reason enough to believe that these businesses are non-sense.

Tonight, a former colleague of mine invited me for a business meeting of sorts. While I already had that inkling feeling of a new pyramiding scheme, the other people who were there before me already knew I would not go. Knowing me for over the years, the word pyramid marketing itself is something I don’t believe in. But apparently, this was an exception. Why? Because I found the product to be marketed a good scheme. The business is Load Extreme, a prepaid loading business where text messaging and prepaid loading is popular in the Philippines today. Dealership was being offered, while I found it interesting, I still reserved some for study, something I have inherited from analyzing businesses from my MBA days.

The deal was truly tempting. Comparing my own reception to the good old days I would have immediately bit the opportunity. But regardless, I still want to study my options. The difference with my interest here now is that the product and schematics make sense. There is not question that it has promise, as long as the business is understood and not the earnings. The presentation was simple but one thing I observed it still stressed a lot on earnings rather than the business itself. I knew these people had in mind is that I am no easy person to convince, something that even my colleague knew from the start, so they had reservations as well. When I started talking, I was convinced at how they were presenting, but there are still flaws needed to be answered. The concept is good, but somewhere in my mind, there is something that still needs answering. Sad to say, this is what multi-level marketing has instilled in me, and it still takes a lot to get my vote of confidence to acceptable levels.

[tags]marketing, pyramid_marketing, business, blog, blog_jobs, management, strategic_management, business_administration[/tags]

Some years back when my Dad was still here in the Philippines, I remember him saying that one thing that he had to do before returning to Fresno, California is that of having a haircut. This line of service is said to be expensive there, and even if the dollar to the peso conversion were to be considered, it would still be feasible to have it done here in the Philippines. This was seconded by a friend of mine who also goes back and forth to Melbourne, Canada. My thinking was why is this so? Perhaps the level of service was a whole lot different, but taking everything into consideration, a haircut is still a haircut so what could perhaps be the difference aside from using a pair of scissors or an electronic shaver to have the job done?

Anyway, I went for my own monthly haircut at Barber’s Republic today. My friend owns the place and they are the sponsor for our basketball team which is currently participating in the De La Salle Alumni Basketball League. Checking out the place to help my friend on how to jack up their profits, I noticed some services on their menu which were underutilized. So I immediately gathered my wits and thought of various ways to help in the marketing of the place and put these services into good use. Check out these services:

1. Haircut : Php 110.00/ $2.20
2. Hair Dye: Php 380.00/ $ 7.60
3. Foot Spa with Pedicure: Php 300.00/ $6.00
4. Full Body Massage: Php 300.00/ $6.00
5. Shave: Php 90.00/ $ 1.80

Another thing I noticed is that while the shop is catering to both men and women, the environment really gives an impression catered to the males. One suggestion I gave was to make the female related services featured in a way so that women can realize that this shop is not solely for the men. The ambiance is quite relaxing and holds a classy atmosphere that most people can consider as tidy and neat.

But on its 2nd year, this place will still reach places. Considering that the location is perhaps hard to find due to nearby private zoning, give it some more time and it will evidently become one of the landmarks in the vicinity of Greenhills, San Juan Philippines.
[tags]blog, business_enterprises, business_entity, business_plans, human_resources, operations_management, cost_of_quality[/tags]

It is a graduation month in the Philippines. As of the moment, there are thousands of graduating students in college from different universities nationwide. This will mean of thousands job requirements as well. The question here is if the government can supply the necessity. As of the records, the numbers of increasing overseas contract workers intensify.

The reason for the increasing number of Filipino working abroad is the lack of work in the country and fewer jobs will mean more jobless. Newly graduates this year will add the growing number of jobless people in the country and increasing quantity of OFW or overseas contract workers. Employment problem is an issue for a long time and Filipino people is wishing to resolve this matter.

According to the some economic experts, global recession is slowly recovering. The proof is the increasing market demands of different products and the blooming of real state industry and hopefully this will also results to good employment status in the Philippines. If you are going to conduct a survey regarding the plans of those students who graduated this year, the result will be the higher percentage of them is planning to go abroad.

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Credit card is very popular nowadays. You can check to different companies that almost every employee’s own or maintain personal credit cards. In Philippines, agents of this business are increasing as the industry is also doing well.

Credit card is a complex subject to discuss. There are many things involved with this and one of that are the advantages and disadvantages of its uses. Here are the lists of advantages:

1. It is Important in times of emergency.  There are times that we are short of budget and we needed money badly. The last resort is to use our personal credit cards, particularly if we are going to use it to buy medicines, food and other important stuff.
2. We do not need to bring large amount of money, when you are going to go out for pleasure or business.
3. Mostly there are appliances that we cannot afford to buy in cash but you believe it is necessary in your place or office. Credit card is an alternative way to have that thing. In fact, there are companies who are offering installments without or with zero interest.

Disadvantages:

1. Over use, it is not good to abuse anything and using overly of your personal credit card is like abusing it. If you think, you cannot pay it in the agreed period. Then it is best to stop and leave the card at home
2. Spending more than your income, the tendency of feeling secured that you can spend more because you are safe with the help of personal credit card is not good. It is like spending more than your resources.
3. Buying things that are not so important, many have the thinking that using credit card is like spending extra money. The result is they are going to buy stuff, which were not necessary.

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Meat processing business is one of the most popular businesses here in the   Philippines. It has contributed a big part to the Philippine economy and continuing to be a factor. It has also play a part to the increase in the percentage of employed Filipinos.

There are many meat-processing recipes, which you can use to your business, the most popular are: Sausage, Hotdog, Tocino, Longanisa and Ham among others. Those considered as the profitable type. The main reason for me is The Filipino people love to eat those kinds of foods, particularly during breakfast.

Starting a meat processing business:

1. Research everything about the industry

2. Choose a good company name that can be striking and can easily remember by the clients

3. Canvass the best machines you are going to use in meat processing. Choose the one with good quality for you are going to process food items and in regular time.

4. Attend seminars regarding food handling for it is best to be safe always when it comes to handling food to avoid any problems that may occur.

5. Attend seminars about right costing, pricing and accounting and cash flow. It is good to be always accounted in every expense, to be update in your finances

6. Research in your packaging

7. Think of the best marketing strategies you can use in your business. You can start with the cheap one yet effective such as internet marketing.

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