Whether it’s a big business project or small, when it comes to making a decision, or you have to choose one option out of many. Then it’s not always easy. However, data analysis is a great process of analyzing piles of data and extracting the most relevant information from it. So that it would make a good choice. Today we’ll …
What is Dropshipping? Dropshipping is the process where the seller doesn’t keep or own the stock and inventory like a retailer; instead, the store buys the product/service from the third-party, wholesaler, manufacturer and get it delivered directly to the customer. How Dropshipping Business Works The difference between ordinary retailing and Dropshipping is that the store or the seller does not …
When a buyer enters the market, then he’s looking for the information that he couldn’t browse over the internet. In simple words, it’s the process and stages that a buyer goes through before making any decision. According to statistics, 70% of the buyers are through all the stages of buyers’ journey before making any purchasing. As a sales or businessmen, …
Introduction to Banking Industry Banking industry operates as a network of financial institutions, and it offers various services like cash, deposit, credit, money transfer, and other transactions. Banks use public money (deposit, make loans, and earn profit from them. These loans could be business loans, car loans, personal loans, and mortgages. The banking industry is comprised of many small parts like; …
What is Business to Business? Business to business or B2B is a business model when a company sells its products and services to another company’s customer for further processing and then reselling it. In simple words, one business sells its product/service to another business. The reason B2B is different from business to customer (B2C), where a business sells its product/service …
Introduction Airline Business The airline is a company that offers an air source of transport to passengers and freight. The airline companies use airplanes and aircraft to operate their services. These companies also have partnerships and alliances with one another to complete the same flight. The airline companies usually require an air certificate and license by the Government aviation authority to …
Introduction Australia is a vast continent and a country comprised of many smaller islands. Her landscape comprises of beautiful beaches, tropical forests, deserts, mountains, and plethora variety of wildlife, birds, and insects. When we talk about majestic size and area, Australia is the 6th largest country in the world. The capital of the country is Canberra, while her most populated …
Hotels and restaurants fall into the category of the hospitality service industry. It’s one of the most successful businesses across the world, and it contributes billions of dollars to the global economy. Hundreds of thousands of people are employed and dependent on this industry. The tourism industry wouldn’t have become successful if it wasn’t for the hotels. In the ear …
What is Business Marketing? Business marketing is a process through which a business markets and then sells its products and services. Government, private or public institutions, or commercial businesses and organizations use business marketing for the promotion, selling or reselling. Business marketing also goes by many names like business to business marketing, industrial marketing, and business to government marketing. Importance …
Have you ever thought about why companies and businesses provide offers to loyal customers or new customers? It is all about customer segmentation. If the business or a company is big or even has a low customer base, then it would be very difficult to cater to the needs and requirements of all the customers. Even to approach the less …
