Showing posts with label statistical consulting. Show all posts
Showing posts with label statistical consulting. Show all posts

Friday, 22 June 2012

Want to Start a Small Business Internet Consulting Business?

Current statistics set the Internet population at no less than 2 billion worldwide as more people go online to buy something, solve a problem or achieve a goal.

Incredible stories of successful Internet marketers have inspired a growing number of entrepreneurs and small business owners to try their luck online, effectively creating a need for Internet marketing education that a small business internet consulting company can provide.

Being a master of any technique is not enough as you need to take care of the business aspect of consultancy in order to thrive. Here are some things to consider when setting up a small business internet consulting outfit:
Have a plan of action

The success of any business lies in careful analysis and preparation. The absence of a thorough plan is the biggest reason online and offline businesses go under. Your business plan should include defining your goals, objectives, budget, and items that you will need to get your business up and running. You will need basic things like computers, internet access, software, a business domain name, host server, and promotional tools.
Take action

Transform your plan into action. Most mentors recommend that you break down your goals into smaller items that you can accomplish easily or delegate to others. For example, it is better to hire a website developer and outsource your business registration requirements so that you can focus on promoting your statistical consulting services to prospective clients.

Take action by activating your social network and seeking referrals from your connections. Understand that rejection is part of the business but remind yourself that you only need a few clients to obtain a good recurring cash flow.

Don't resign yourself to starting small -- seek out an expert in the field who can help you avoid the pitfalls, and who will get you right into the business straight away. Experts have already learned how laser targeting your market and making them an offer that they can't refuse practically guarantees immediate results. If you have to invest a few hundred dollars in getting a good mentor or training program, don't sweat it. You will make it up when you sign up your first client and save yourself months (if not years) of wasted trial and error.
Develop systems

As your business begins to grow, having a system for doing things will save time and energy and produce similar results. A tested and effective system enables you to delegate tasks without risk of failure. This allows you to grow your business exponentially while maintaining a good work-life balance. You may have to spend some time developing your own system or speed things up by adopting a proven business method. Adopt the right mindset

Success also depends on having the right attitude, focus, determination, and discipline to do the business without anyone having to remind you. Having a passion as well for helping others succeed will help you cope during those first few weeks as money is not your sole motivation. When you love what you do, improving your skills, services and other important aspects of your small business internet consulting company will flow naturally.

Know more: statistical consultant

Thursday, 14 June 2012

All About Advertising and Marketing Consultants

Marketing can be defined as the planning and implementation of all the factors of a product to influence the consumer, resulting in maximum sales of the product at the optimum price to achieve the objective of maximum profit. In today's world, marketing is an integral part of any business or service sector. Marketing helps in attracting the targeted customers for selling of the service. Marketing is declared as an art as well as a technology.

Marketing is a concept in which an organization sells its products by considering the wants and requirements of the consumers. In order to achieve this, a market research is done. Market research can be done by telephonic conversation, personal interview, feedback forms etc. Through these mediums, the customer's requirements are known. The company manufactures the products based on the research done. This ensures that the targeted customers receive what they ask for. This increases the sales for that particular product and increases the profit and market value of the organization.

Marketing can be done in various ways. The most common method is by advertising. Advertising the product in media, newspapers, magazines, hoardings, public transport etc helps the customer to know the availability of their desired product. The market value of the statistical consulting company producing it also increases. Another method is by sales promotion where products are promoted in crowded market places to attract the potential customers. Free samples are distributed for them to use. Attractive packaging and offers boosts the desirability of the products, thus rapidly increasing its sales.

Most companies hire marketing consultants for marketing their products. Marketing consultants help in the marketing of the products. They conduct a market research and give the statistics to the company. The company manufactures the products based on the statistics. The marketing consultants give tips on sales promotion and packaging of the product. The marketing consultants then start pre-marketing to increase the curiosity of the consumers. Then once the product is launched, marketing is done in all the targeted areas to attract the potential customers.

The right consultant can provide tremendous value to your firm. Just having an unbiased, outside pair of eyes look at your firm can reveal things that you as president and your executive staff can't see. This is not uncommon because you're caught up in the day to day operation of your business. Additionally, a consultant does not have the emotional, compassionate attachment to people and processes that you and your management team have developed. As a result, the consultant can help you identify and resolve issues that have gone unnoticed or ignored.

Know more: statistical consulting

Friday, 1 June 2012

Leaders Beware Of Using Statistics

Unlike mathematics, leadership is not simply a science, but is an art as well. Many leaders run everything they do based on statistics, or data available, while often that provides them with only a small part of an overall answer. Albert Einstein wrote, "Everything that can be counted does not necessarily count; everything that counts cannot necessarily be counted."

1. Too many politicians operate by letting polls dictate their actions. In recent years, we have often witnessed numerous misleading and/ or inaccurate polls. Like many other types of statistics, polls are often misleading because they depend on the sampling, the pollster, how the questions were asked, and what questions were asked (and how they were worded), etc.

2. In a similar manner, I have too often observed budgets that contain numerous flaws, and misinterpretations. While properly prepared budgets are extremely valuable tools, improperly prepared ones can be quite dangerous and troublesome. Because far too few people take the significance of the budget process seriously enough, flawed budgets are often passed (and approved) with little or no significant or relevant discussion. In my over thirty years of consulting organizations, I have seen these flawed documents become the framework and beginning of widespread organizational financial chaos.

3. It is quite easy to misinterpret data, either in error or by design. When we hear statistical consulting business stations and reporters discuss data, we often hear them use the expressions, "better than expected," or "worse than anticipated." Have you ever wondered how accurate or meaningful the original information if, if we almost never hear that something occurs as anticipated or projected?

4. One of the greatest challenges to many organizations today is membership, and its related areas. Very often, leaders decide to make certain changes because they feel there are necessary cost economies. For example, many organizations have substantially curtailed mailed communications, depending on email and digital communication instead. While that certainly reduces expenses, almost every study shows that when people are given the option to select mailed magazines or digital, the vast majority are selecting mailed.

Therefore, while eliminating these magazines saves expenses up front, have the leaders thoroughly evaluated and considered the impact that the reduced communication has on membership communication, and how that minimized communication may result in a diminishing of member retention numbers. In addition, how might this step impact the potential to reach out to a wider audience of potential members, sponsors, etc?
Every leader should understand both the pros and cons of statistics, and how they can be used advantageously as well as the potential for misinterpretation, and even abuse. Statistics are often like the tendency today for fancy rhetoric - - it looks great, but falls short when it comes to substance and actual value.

Know more: statistical consultant

Saturday, 26 May 2012

Growing Business with Statistical Consulting Service

If you are a businessman then you need to have the cutting edge over your competitors to rule the market and take your business to the next level. In order to achieve your goals you need to be vigilant and keep an eye on the market trends and the functioning of your business. Keep in mind that the business strategies you adopt and the decisions you take for your business today will determine your future.

“The customer is king”, is considered to be a universal business rule implying that the importance of the customer should always be the target. It is also indisputable that data is crucial for any type of business. Be it customer satisfaction, feedback or any other data, it will give you an insight into your business trends, profits and losses and therefore enable you to plan future strategies and make business forecasts. But in order to understand your data fully and utilize it to give your business a boost, it would be best to consult the experts: the market analysts and statisticians.

Statistical consultancy services, are they mining data or gold?

Data mining is like mining gold for your business. In the process of statistical assistance the company mines the hidden useful information that may otherwise go unnoticed. The information retrieved through such data analysis help can have tremendous impact on your business and your business can progress by leaps and bounds.

You will get the best data mining results if you get the services of the right statistical consulting company. The companies offering statistics assistance are the professionals that have the skills and expertise to efficiently fulfill your business needs. Their panel of expert analysts and statisticians is all set to help your business grow.

Getting the most out of statistical consultancy service

Being a business client it is important to know what exactly the statistical consultancy will do for you. If you are familiar with the essence of this service, you can get the most out of it. In short, the statistician will formulate the problem together with the business client and see how the statistical information on the issue will help in overcoming the situation. The statistician will work for making the new information gathered through the process highly beneficial. He will ensure that its usefulness outweighs its cost. The statistics help and consulting service also entails giving a clear explanation to the client of the benefits, procedure and the cost of the plan. The team of statisticians will chart out different project plans for your business, evaluate the cost-profit ratio and analyze your data.

Statistical consultants will also offer a final report which is of vital importance for taking further action. It can be formulated in a way that a person with no statistical knowledge can also understand it.
Statistics Made Easy aims at providing high quality statistical consultancy to business clients. Due to its experience in the field of statistical consultancy it can guarantee understanding your business needs and can offer assistance in data mining, finding new possibilities for you or conducting research or surveys for your business.

Know more about statistical consulting