Category Archives: Business

The Potential, Risk, and Management of a Kid Toy Business

Do you want to have a kid toy business? If you do, you should know everything about it. Let’s see the explanations below!

The Potential Benefits of Kid Toy Business

Only some people know what percentage of profits are taken from each sale of children’s toys. Did you know the benefits of the child’s toy business are many times over and can even reach above 100 percent? You can analyze and find out for yourself how much the price flow from the agent to the retailer.

The most important thing for us is the willingness and courage to start, tenacious and diligent in running a business. God willing, even though I don’t have a high degree like my friend, he can prove it with success in running his business.

The Risk of Kid Toy Business

Every business must have risks, of course with different levels of risk. Likewise with the toy business that also has the risk of loss, if not run and managed properly. But maybe the risk of loss for this business is relatively small. Why is that? Because children’s toys are dead goods that are not easily destroyed by age.

The potential loss is when the stock is not depleted, it will disrupt the circulation of capital to shop for toys with the latest type. And sometimes there are also reject items that cannot be sold to the market.

The Kid Toy Business Management

The kid toy business management, potential and risk

The children’s toy business is a creative, dynamic and trend-based business. Every day there are always new types of toys popping up, usually, when certain toys are trendy, consumers are automatically sought after and sold well, and the stock in the market is even more difficult because people are scrambling to get it.

This is where our agility is needed to see the objects that are needed by the market so that the business that we run is growing rapidly. If we are slow in moving, then it is certain the business will run in place.

Below are some tips for you as the beginner to start the kid toy business:

1. Select the location

Location really determines the behavior or not of the toys you sell. Try to find a location that is close to the school, children’s playground (playground), or other places that are often visited by the target market. However, for those of you who don’t have enough capital to have an offline toy store, you can sell it online.

2. Determine the type of toy

Before determining what kind of toy you want to sell in your store, you must first determine the target market. For example, your target is children under the age of 2 years, that means you have to sell toys with large shapes so that they are not easily swallowed. By determining the type of toy you want to sell, you can make it easier for consumers when choosing the type of toy that matches the age of the child.

3. Take advantage of special moments

Toys are a seasonal business. This business will be quiet at certain times such as class increases. And the demand will increase when the moment of Eid, holiday, or Christmas. Don’t worry, you will more easily plan a marketing strategy so that sales remain stable during the season. For example, you can provide a toy bundling promo that prizes school supplies during the period of the class increase.

Then, are you ready to start a kid toy business?

How to Getting Started With Social Media Management?

When its come to marketing the online business, social media channels will need to be in ordered management to keep tracking of what you will need to prepare, things to do, monitoring the activities, and I have to admit that you are actually have more things to finish.

You will also needn’t to use all the available social media platforms, simply just some of them that are popular such as YouTube, Facebook, Twitter, Instagram, Pinterest and some more. And those of platform will need to be maintained by preparing and posting the contents, monitoring the engagements and reply the responses or dealing with the user interactions, and so on.

And while the social media itself can be the main platform to be used as one of your online business marketing channels, then you have to know how to getting started with its own management to get its advantages.

How important does the social media management is?

If you have not been familiar to what the social media management is, I will informing you that it is simply a process of creating the contents, scheduling, analyzing, and then you will monitoring while engaging with your audiences through contents you have been published before.

Managing social media platforms themselves will need the tools and can possibly the services for that if you are thinking that you have no time and experiences. You will need the tools for researching the target audiences, image and video creations for contents, popular hashtags finder, managing multiple accounts and more. While the services themselves can be the social media advertisement platforms that will also need to be well-prepared the contents for its copywriting, image or video, etc.

Getting started with social media management for business

All of the tools and services that you can make use of for your online business are designed to make your social media channels becoming easier to manage and then will contribute in how you make the digital marketing easier as well.

For short, some benefits of social media management will help you in:

  1. Saving time; Knowing what to prepare for the contents and really possible to schedule the contents for days and even a week ahead and more at once.
  2. Getting more understanding about your audiences through social media analytical tools and can also be part of how you are improving the customer support where both parties are getting easier to responding each other.
  3. Take control of introducing and improving the business brand through social media platforms that will make you to have more platforms in building a strong brand.

Getting started with the social media management

As what I have mentioned on above, after choosing which social media platforms will be used, you will at least need to get the two vital things which are the tools and services. If you are focusing on getting and using the tools, you will need to ensure yourself that you will know what to do and more times to finish all the works.

But for the tools themselves, you are actually have been provided with the valuable and useful tools that can save your time and will help you to make your business to make impacts on social media.

Some of the worth-trying tools you can make use of such as Buffer, HubSpot, HootSuite, Social Pilot and many more. I will only give you that some of the tools and you can starting getting to know how your social media management could be helped by them.

Next, let’s dipping your toe to the social media services waters where to providing the meaningful contents, you may will need a professional images or videos, convincing captions and description along with the targeted hashtags, up to the advertisement service to reach more audiences.

And one of services regarding to this, I am going to recommending you to collaborate with a social media management Bali so you will not need to think about all of the social media hassles and focusing on things your business concerning the most.

Both the tools and services are need to make you spend the money for them. If you are getting some tools, the prices can be cheaper than services. But, you may need the team for that or someone that can help you to operate the tools and preparing up to responding to the contents engagements. But the tools can be used longer. At least, you will only pay once for annual usage or some months.

Hiring the services are seemingly the costly one. But, the results can be the best ever since the services are operated by the professionals or the social media specialists and experts. And as the conclusion, I think that using tools or services for your social media management is actually beneficial. You have nothing to loose ever since there are more advantages for your business than the opposite.

Good Real Estate Agent You Should Choose

As a property investor, there’s a lot options you can do to your own investment. One of the options is to sell it when you think the time is right or the situation fits. You can sell your property on your own, or hiring a real estate agent, especially seller’s agent who focus on helping investor to sell property. There’s a lot of agents out there but not all of them is reliable or professional enough to choose. Finding the right agent is like finding a good partner because you need to find that fits right and truly understand your goal.

Choosing good real estate agent to help you selling property

One of the reasons why hiring real estate agent will be helpful to sell your investment property is because they have experience, knowledge and skill to make the most profitable property sale. They are also able to make the process less hassle and smoother. So what kind of real estate agent you need to choose?

  • It is important to ask some question to the agent before making any deal with them. The questions need to be asked are related to their method in selling property, marketing strategy, as well as the right time to sell the property. Aside from those questions, it is also important to find out their track record. You can ask this directly at them, or look for their result yourself. Try to find their track record of selling property especially in a particular area which you are selling in. agent with local expertise is worthy.
  • A good real estate agent will have no hesitation to give you goo estimation of how much you the selling process will cost. There are various expenses when you are selling property such as selling commission, advertising, fees, and marketing. The cost may vary depending on various factors such as the location that you are selling in. However, good real estate agent will help you to plan the budget properly. Professional and more experienced agent will also include potential cost such as bank fees, as well as charges for releasing the mortgage of your property.
  • Another thing to identify a good real estate agent is to ask them why you should hire them in the first place since there are many of agents out there anyway. This can be a little bit straightforward but this is important question you should ask. Professional and good agent will tell you the reason confidently. They will give you explanation along with benefits you will gain if you choose them. You need to pinpoint their quality include their availability whenever you need them, their dedication, their work attitude even under pressure, as well as the ability to relate to clients.

Keep in mind that every agent is different in various aspects. There is no perfect human of course. Thus, what you need to do is to find out whether or not they are dedicated to their work. Do not hesitate to ask questions even if you have too many of them on the list.

Reasons Why You Should Choose Canggu Villas Long Term

Have you ever dreamt of staying longer in Bali and more than a week vacation or short trip? Well, you can stay in Bali for weeks to months. Canggu is one of the most recommended places if you are planning to enjoy exploring in Bali for longer time. There are many benefits of deciding to choose Canggu villas long term. By staying in villa, you will live more comfortably. You will also feel safer than staying in hotel especially for long term. Besides, it saves your money as well. If you think you can only venture around Canggu by choosing to stay in one of the villas there then you are wrong. You can still venture Bali especially when you decide to stay for long term.

Benefits of choosing Canggu villas long term

Bali is the island of the Gods. Living in Bali is like a dream because you get a chance to truly enjoy every corner of this magical places. However, staying in Bali for long term sounds so much hassle. Well, it could be for the first timers. However, you will forget all your troubles once you settle down. Canggu is a safe place for you to star for long term. There are many villas you can choose to rent for 6 to 12 months at affordable price.

  • Staying in one of the villas in Canggu means you will be able to enjoy all the wonders that nature offers such as beaches, rice fields, amazing Cliffside, etc. everything is beautiful n Bali, particularly Canggu, and if you are into hipster vibe, this is the right place for you. You will be able to enjoy mesmerizing sunset during your stay. Not only that, there are tons of fun activities you can do during your stay such as trying extreme sports to joining cooking classes.
  • If you have strict diet where you only eat vegan for example, this place provides what you need. In fact, many vegan and vegetarian places can be spotted here. There are also health shops to provide you everything you need for your healthy life style. You also don’t need to worry about your food. Most foods in Bali including Canggu are fresh and tasty. They are also available organic.
  • If you decide to choose Canggu villas long term deal, you get cheaper rent rates. The longer you stay, the lower the price you have to spend. Therefore, there are many international tourists who are eager to try for long term stay in Canggu, Bali. The villas in Canggu are well maintained and perfectly equipped with facilities you need for comfortable living.
  • The standard of living in Bali is considered reasonable and affordable. Your budget will be worth it. Even there are many high quality restaurant serve the best delicacies that suit your taste and budget. During your stay in Canggu villa, you will be able to interact with friendly locals. Language barrier is almost non-existent because most of the local can speak basic English.

What to Do to Make Effective Investment

Investing is one of the ways you can build wealth and gain your goal of financial freedom. Investing in property is one the most used strategies to build wealth because it is rewarding and promising. Of course it also consists of its own risks for every decision taken. However, you will achieve your goal successfully if you do it right.

How to make successful investment

Making effective investment, property or not, is important because that’s how you can really grow your business, pay off your loan, and expand your investment.

Things to do to make successful investment

There’s a lot of people saying that lucky is important when it comes to business. However, it is not the only important thing. In fact, it has only little to do to property business. Yes, it is needed in some occasion but there is also something called opportunity. You can create your own luck by planting the right seeds from the beginning. You will harvest what you plant after all.

Possessing the right habit is important in running a business such as property investment. Yes, money is important and all. However, your habit is what will shape you and your business in the future. Therefore, you need to possess the right traits and habits to become a successful investor.

You need to be proactive. You can’t just wait until something come to you. Real life doesn’t work that way. In property investing, you need to decide your own choice along with its consequences, possible rewards, and weight. Choose positive traits so you will get positive results. In addition, you also need to seek out opportunity instead of waiting for it to come. Chasing opportunity is like being a driver of your own car. You decide the direction to reach your destination.

Always rely more on long-term goals. Of course, there is also short-term goal when it comes to property investing. However, long-term goal will help you stay on the right tracks whenever you get distracted. Long-term goal will help you focus on bigger picture.

Distractions from short-term goals should not affect your long-term goals. Blocking out distractions is not easy and you really need to work for it. This process will help you grow yourself to become a better investor.

Know what to prioritize. Planning is crucial when it comes to investing. You can’t do the right things without planning. There is no such thing as spontaneous act in property investment because every decision has its consequence and weight which can affect the future of your investment.

Try to prioritize your actions that reflects your value of life and business.
In investing, cooperation is more important than competition. Of course, it is common to have the urge o always win in every negotiation. However, you can also think of win-win solution. By considering a win-win solution, you may not only get the deal you want but also great business partners you can rely on in the long run. Thus, it is important to tone down your competitive desire a little bit so that your ego and pride won’t cloud your judgment.

Turning Your Garage into a Living Space

Garage conversion has been a long-time trend for many homeowners. The reason behind the conversion can be anything from generating profit to simply having an additional living space for you or your family.

Turning Your Garage into a Living Space

Turning your garage into a room to generate profit

The emergence and then the steady rise in popularity of rental properties like Airbnb also have a hand in this. Turning your garage into a rental space is something that more and more people find to be an attractive means to generate extra profit. As a homeowner, this is an excellent way to kickstart a rental property business. For those who are already in the rental biz, this can be another additional way of maximizing your income margin. Turning your garage into livable space is not the cheapest way to start a rental property. But it certainly can be affordable and well within the possibility and scale of a home business.

An additional room or two for your family’s living space

If your garage is merely a place to store your items and you’ve been thinking of expanding your home, then yes, converting the garage is a great place to start. A garage can amount the size of a living room or even two small bedrooms. How would you use your garage space?

You won’t have to sacrifice your yard space

Creating an addition to your house by building more structure on your land is going to cost you your outdoor space. If you have a garden you’re just so fond of, this may be very off-putting. This is where garage conversion comes in as a brilliant solution.

Converting a garage is considerably more affordable than a bump-out

A bump-out would cost you at least 50K, and spending around 100K is actually quite common. It is one of the priciest home renovations move you’ll have to make. Converting a garage is only going to cost you a fraction of that price. This is why a turning your garage into a living space is something very attractive to many homeowners. The most costly change in your garage conversion project would be the addition of windows if you needed any, as well as proper insulation and heating distribution.  

There are things to consider before making the decision

Garages, aside from housing your vehicles, are also a place for storage for many people. It’s where your Christmas tree goes to. A lot of people put their children old toys there. By converting your garage, you risk sacrificing a storage room in your house. If this is an issue for you, perhaps it’s time you hold that garage sale. Or put your belongings at the thrift store for sale. This way, you won’t have to worry about too much stuff, in the end.

Other things to look out for would be the rules or regulations surrounding garage conversions in your area. Legal issues can be a headache when you don’t know where to start. The first thing would be the zoning issues of a garage conversion. Your space must be suitable to live in according to the required legal standards.

Friendship and Rental Property Investment

Investing in rental property means your work doesn’t end when you buy the property. It continues to finding tenant who are interested to rent your property. Aside from being an investor, you are a landlord. Thus, building relationship with your tenants is inevitable. Some landlord even have closer relationship with their tenants for various reasons. Some landlords even befriend their tenants to the points when they can hang out just like best friends. Is it good or bad thing for landlord to befriend their tenants?

Forming friendship with tenants

To decide if it is good or bad thing to befriend tenants depends on individual perspective. For some people, it may sound like a good thing because it can help building mutual trust and understanding, it will be easier to build effective communication as well. It can also lead to tenants prolonging their lease. However, it is not good thing to befriend your tenants from business perspective.  Here’s the reason why:

  • Getting close to your tenants is actually a good idea. You don’t want to stay in awkward phase relationship with people that you will see for a long term even though not every day. However, it is highly advised to form business relationship instead of friendship. There is possibility that your tenant will get too comfortable. They may start asking some favors outside tenancy agreement. They may also become nonchalant about delaying their rental payment because they consider you as a friend.
  • Forming friendship with tenants is not always a good idea because you will become more lenient with everything your tenants ask. You will find yourself getting easier with letting them off even when they break the rules. You will let them off even when they don’t maintain the property properly.
  • With friendship comes blurry lines. It can lead to problems in the future because there will be holes for that to happen eventually. What if your tenants just so chill about holding a party in your property and your neighbor start complaining about the noise and all? This is truly a problem you don’t have to face if you can maintain business relationship with your tenants.
  • If it is getting hard for you to maintain business relationship with your tenants, just remind yourself about the possibility of problem you may face in the future. Some of problems could be harmful. However, some of them could be costly as well. If you choose to form friendship with your tenants and you make business-oriented decision, it may strain your friendship as well as put your business on the line.

Furthermore, it is advised to maintain business relationship. It is absolutely fine to form healthy relationship with your tenants to the points when you don’t have to exchange awkward greeting whenever you meet. Healthy business relationship can also form effective communication because both parties will have mutual understanding of each other’s rights and responsibilities. Thus, there will be mutual respect formed along the way without the need to crossing boundaries and risk tenancy agreement.

Learn More about Reservation Procedures and Terms at Bali Luxury Villas

Bali Luxury Villas is villa rental agency which is also fully integrated. With the best management system, facilities, guest relation, as well as staffing, you will be more assured of memorable holiday experience in Bali. There are lots of villas featured that you can choose based on your personal preference. However, they focus more on luxury, private villas which offer high-end service and facilities. If you are looking for the best rental villa management company, you have come to the right place. Aside from rental villa management, the team also gives you recommendation and advice about shops, nightlife, spas, galleries, etc. thus, you will never run out of ideas during your holiday in Bali.

Reservation procedures and terms at Bali Luxury Villas

As you have known that Bali Luxury Villas is villa rental agency which manages properties especially luxury, private villas in Bali. Therefore, every traveler can search easily the best accommodation to stay at Bali. It is not only about marketing villa but giving useful information for people who are planning to visit Bali about the right villa to rent. And here is information about reservation procedures and terms you need to know:

  • It is important to know that each villa featured at Bali Luxury Villas has its own booking terms and condition. However, there are no big differences in general principles. Almost all accommodation has basic procedures of bookings. After sending booking request, you will receive specific terms and conditions, as well as booking invoice. Thus, you need to specify your needs before sending your booking request so every issues will be addressed by the team.
  • Reservation or booking request has the same from in every villa you are going to book. You just need to fill out the reservation inquiry form and wait for the reply. It usually comes within 24 hours.  You don’t have to worry about data you fill into the form because every data is confidential.
  • Booking will be confirmed only after you send the required deposit. Of course, the payment depends on the villa you are booking. Every payment is under the villa terms and condition that you should follow. You also need to know that reservations are handled on first come basis. It means, first come first serve. If you are planning to spend a weekend in Bali, make sure to book the villa you want at least few weeks prior. Thus, you can make sure that you get the villa you really want before it is snatched by others.
  • About the rates, they are quoted in US Dollars. However, they are subject to change. You also must know that the rates change during peak season dates. If you are planning on having holiday in the peak season, you may need to prepare extra budget and time to make reservation. Therefore, you need to pay attention to peak, high, and low season rates before booking. Visit Bali Luxury Villas official website to find out more information about recommended villas, payment method, and rates changes.

How to Be a Perfect Investor?

It has been known that investing industry is quite challenging in some ways other business isn’t. Investors come from various disciplines and background.

Some investors received a private education and others just learn from experience. Some investors have benefits of a good upbringing and others are gifted with high intelligent.

However, there were those with high IQ failed in investing. Meanwhile, those who didn’t come from business education could strive into investing perfectly and achieved success.

So what makes a perfect investor then? How high your IQ is supposed to be to be undefeated investor?

What to make perfect investor?

Basically, there is no such thing as perfect in life. Everything has its flaws. Even though an investor has reached their success in property business for example, it doesn’t mean they have reached the peak. There must be something they are lack of in some areas.

However, they are good in covering their weakness with their strength or they focus more on their strength instead of weakness.

Therefore, it will be such a waste of time if you keep thinking of how to be a perfect person, perfect parent, or perfect investor. Even though people have their own unique points and their own strategies in achieving their goal to be successful.

tips to be a perfect investor

There are some similarities between great people you may want to analyse or follow.

The very important point to be a successful investor is how your mind works. Great people focus more on positive thinking instead of negative one. Positive thinking leads you to brighter paths and negative thinking only lead you to hesitance, doubt, and fear.

Thus, the first thing you should fix is your mind. Of course, investing business has risks and weighs you should consider. However, looking only from negative side won’t give you any benefit.

There is no relation between your past professions to your current work in investing. Remember that investor comes from different background.

Not everyone comes from business degree turn out to be a successful investors. Investing is a field where you can learn by doing. It is challenging but it is worthy especially if you have long-term goal.

You also need to remember that IQ does have nothing to do with your success in the future.

Sure it helps you in some points such as in understanding how things work. However, it doesn’t guarantee your success 100%. There are other factors affect your success in the future such as strategies, financial setting, and most importantly, attitude.

It must be more convenient to have brilliant brain but it doesn’t mean you will fail in investing if you don’t have high level of intelligence.

Instead of being a textbook smart type of investor, you can become a clever and savvy investor instead.

This way, you don’t necessarily rely on your IQ but on more practical things such as making strategic plans, improving negotiation skills, and do not hesitate to take advice from the experts.

With work hard and work smart, you can become a perfect investor of your own version.

Ways of Digital Marketing Strategy Develops Your Business

In general, the concept and goal of marketing is simple; you need to know how to get more with less resources. So does you can apply the digital marketing strategy to develops your own business with only some of the popular online platforms.

When you are running a business, no matter how small your budget is, at least you have it. Not to mention about how many hours you have put your works in it and the other resources you may have not realised before such as social media accounts, official site and more.

And there is actually one another thing you need to do which is how you can optimise all of the assets you have had on your hands as well as your own works. That’s all. Is there anything else?

Ways of digital marketing strategy developing a business

Let me ask you questions:

  • Have you been put an online ads before for your business that you have put online?
  • Do you know how you can get more social shares and engagements for the contents on your business social media accounts?
  • Wait! So you have not been built your business official site yet?
  • Does your business Instagram account has only dozens of followers and so does the Facebook page?

And more of questions that will really make you think that what you have done so far is nothing but focusing your energy on the other useless things your business doesn’t need.

In term of digital marketing strategy to develops your business, there are many of things you should have deal with. But the other businessmen are actually don’t getting used to them so they will find an agency for that. You can also do the same thing to ensure that your business has been developing to the right way.

And to know more about how lack your digital marketing strategy is, let me show you how the other businessmen are doing it the right ways.

Digital marketing platforms are targeting the right customers

Let me ask you another question to make you understand about this point: “To whom the baby diapers will be sell?”

I am serious in asking you that. See, if you have the same business who do you think will need the baby diapers, then the main answers for that could be;

  • Women who will give birth soon, and;
  • Parents who have just got their babies weeks or months ago.

When its come to talk about the digital marketing strategy for that baby product, you may won’t put an ads on Facebook and included the baby’s grandparents but it is more likely to add the parents friends who will buy gifts to celebrate the birth.

Grandparents are close to the babies especially they are as family, but it won’t make them as the targeted customers since there is a small chance for them to buy such product. But it will be different when your baby products are the clothes and shoes for the babies, both the parent friends as well as the grand parents will be the great targeted customers for that.

It is different with the ads on tv or radio that can be seen and heard by those who doesn’t even had a baby or even not getting married yet. Digital marketing ads truly will help you not to shouting at crowds.

Each online platforms have their own uniqueness

To be honest, you won’t find your grand father uploading his activity with his grand child on Instagram even though it will be possible, right? But it won’t be a new thing when you are logging into Facebook and find that there are actually grand parents doing the same thing that you rarely seen on Instagram.

Each platforms have their own user dominations where Instagram will mostly used by those who love to share the images and videos while Facebook is getting a bit greedy where you are almost can share everything.

So do the their ads platforms when you are going to use them to target the customers through online ads.

Social media contents are vital for business accounts

Does your business has been got an editorial calendar? If not, you may have not been planning about the contents for your business social media accounts. It is important even though you have been built a great official site simply because social signal is great for every business in the world.

You can get more visibility and even to support your site traffics so your online business will be performing better in the future.

Through social media, you can also share the meaningful messages to the customers in various way. Do you know why the emotional of Thailand ads are popular in the world? I am truly believe that it is caused by the power of social media ever since I have not been knowing any of Thailand’s TV channel until today.

There’s nothing can stop you to make your business the same way as that through the digital marketing strategy.

How well your business official site performing on Google?

Google has becoming the popular search engine in the world for years. many of us have known that as the undeniable fact which is mean that many users in the world have been using it to find information and buying stuffs without ever leaving their home or office.

If your site is mainly focusing on selling the baby diapers, can your site appeared on the first page of Google when the parents are typing the “buy the best baby diapers” word? If not, one of the digital marketing strategy you have to make its plan will be how you can deal with the Search Engine Optimisations (SEO) for the targeted keywords related to your business.

SEO is vital to increase your business site visibility through search engines and later it will a great asset if your site have more traffics, better Domain and Page Authority, and many more. The good thing you need to know is that a site itself can be valued for even up to millions of Dollar when it can perform well on search engines while it can generating more money.

Those are only some of the ways how digital marketing strategy can helps and develops your business in the future. If you can’t do them all or have less knowledge and experiences in it, you can call the digital marketing Bali to finish all the hard works for you.

In the meantime, you can start thinking about the other online assets your business should have such as preparing its popular social media accounts, makes the site even looks professional, preparing the contents, etc. But if you are confusing about all of those, simply get in touch with the digital marketing agency I just told you on above.