Explore The Best Investment Options In India

When it comes to finding affordable health insurance plans, it can be a challenging task. However, it is one aspect of your life that you cannot ignore or put off. It would determine the level of care that you would receive if your health takes a wrong turn. In addition, not choosing a health insurance plan or even choosing the wrong plan can have a major impact on your life. You must know that majority of bankruptcies are a result of heavy medical bills and illnesses.

A term life insurance is another important insurance policy that you cannot ignore from the perspective of long-term investment. If you follow the given tips, it would be possible to find a cheap term life insurance. If you live a healthy lifestyle, youwould be able to reduce the premium of your insurance. This wouldinvolvekeeping your body weight under control and getting a regular checkup and keeping yourself healthy. If you can avoid alcohol and smoking, it would further help in getting a cheap term life insurance. The reason is that the insurance company would then see you as a low-risk consumer.

Another aspect of your overall financial planning is choosing the best investment options. The first option is in the form of equity. Common stocks or shares are the most common types of equity. Regular shareholders would be able to claim the assets and income only after the stockholders are able to get payment.

A mutual fund is a relatively safer investment option where a group of investors pool their capital with ainvestment goal. Mutual funds are one of the best investment options as there is more diversification that ensures your investment is relatively safer. An investment company would manage the mutual fund and invest the pool of money into particular bonds and stocks. Therefore, when you invest in a mutual fund, your investments would be held indirectly. Usually, mutual funds are ideally suited to small investorsbecause of its simplicity and cost-effectiveness.

Bank fixed deposits are also one of the best investment options. Here, you would hold a certificate of deposit that would pay you a fixed interest rate for a specific period of time. It is not possible to withdraw the money held in a fixed deposit before the maturity date. However, with certain penalty charges, it is possible to withdraw it prior to maturity. Typically, 15 days is kept as the minimal tenure of a fixed deposit. Such an investment option gives you higher rate of interest compared to a savings account.

Anothertype of investment with good promise of return is in the form of real estate. In the recent times, infrastructure bonds in india increasingly becoming popular because the cost of real estate keeps growing. When trying to invest in real estate, you would want to get the help of an investment consultant because the right choice of portfolio can make all the difference. These are some of the best investment optionsthat you can consider when creating a financial plan.

Jumeirah Group Announces New Appointments For The Sales Team At Their Dubai Hotels

The Jumeirah Group has announced the appointments of several new sales team members in the city of Dubai.

The Dubai-based company specialises in operating luxury properties for travellers seeking luxurious Dubai holidays as well as hotels and resorts in major cities all over the world including London, New York, Shanghai, the Maldives and Frankfurt.

It has been revealed that Daniel Weihrauch will be joining the hotel group as the new Director of Cluster Sales in Dubai. Weihrauch has worked within the luxury holidays sector for years and previously held roles at Kempinski Hotels and Resorts in Germany and Jumeirah hotels in Dubai and New York. His most recent role was at IHG, where he worked as the Director of Sales and Marketing at InterContinental Phoenicia Beirut in Lebanon.

The Austrian national, Katja Graf, has been promoted to Director of Sales Leisure in Dubai and has 10 years of experience in the hospitality industry in Europe and the Middle East. She previously worked for the InterContinental Hotels Group in Vienna and Dubai and she was the Business Development Manager for Atlantis, The Palm Dubai.

Olinda Morais is the new Director of Sales, Groups & Events Conversion, Dubai and she has worked for Hilton in France, Brazil and Venezuela, as well as the Madinat Jumeirah The Arabian Resort.

Jan Kaspar Rienermann has worked for the Jumeirah Group since 2005 and is the new Director of Sales, Groups & Events, Dubai. The German national was the Cluster Associate Director of Sales for Jumeirah Hotels & Resorts in 2009.

Jad Doumet is now the Director of Sales, GCC & Government, Dubai and he has plenty of experience working for Dubai hotels after his time at the Armani Hotel, Dubai as the Director of Sales; Crowne Plaza Dubai as the Director of Sales in 2009; and InterContinental Dubai Festival City as the Senior Account Manager.

Jumeirah boasts a portfolio of upscale hotels, resorts and high end properties for luxury holidays in Dubai and cities across the world.

Some of the groups most famous hotels in Dubai include the Burj Al Arab with its iconic ship sail structure, fleet of Rolls Royce vehicles and 24-hour butler service; Jumeirah Emirates Towers with 400 rooms and suites, 15 bars and restaurants and private beach access; and Madinat Jumeirah the Arabian Resort with two boutique hotels and Courtyard summer houses, 44 restaurants and bars, and two kilometres of pristine private sandy beach.

Choosing Business Application For Your Small Business

When looking into business application for your home or small business, there are several things to keep in mind. Here are some tips to help you get the program you need to run your operation efficiently, and still keep yourself within your budget.

One of the first things to do is consider the essential functions of your business. Administration is a good place to start. It is a cinch that you will need business application that will allow you to keep track of the day to day functions of your work. To that end, business tax software integrated into accounting processes is a must. Fortunately, there are plenty of excellent business application solutions that will make it easy to generate invoices, post payments, calculate employer and employee taxes, keep up with business checking accounts, and all the factors that go into handling the finances in a professional manner.

You will also need business application to create sales and marketing materials, letter templates, and other items for business correspondence. Something to keep track of your leads, prospects, and clients is a good idea as well. Business contacts software can help with this, as can several other excellent thematic programs on the market. If you plan on handing out a lot of cards, you may want to invest in some business card software as well. Business cards software is not very expensive and allows you to change the look of your cards whenever you like. Business card design software will often come with templates that you can use. All you have to do is fill in the blanks and print the cards. If you are starting up on a shoestring, there is a free thematic application that you can download from the Internet. In fact, if you own an office software program, check closely for some of the document options. You may find that you already have free business card maker included in your office suite.

There is no lack of business application that you can purchase. No matter what type of business you have, there are business application packages offered by application development companies that will help out with just about every task. You can get personal training studio business application, auction business management software, and business valuation software. Discounted or free business application will help stretch your operating dollars, so dont rule out using other programs. You can always upgrade to other business application when there is more money available to invest in the business.

Constant Enhancements Via Creativity And Innovation

Inventions which have the power to initiate extensive
paradigm shifts in most industrial nations seem to have run out around
the time recessions ranging from global to regional magnitudes started
to manifest in the same countries. There aren’t any modern luminaries
whose achievements run parallel to giants of industry like Bell, Edison,
Rockefeller, Tesla or von Braun but humanity as a whole has managed to
persevere and make giant strides in making everyday living more
convenient through science and technology all the same.

Creativity and innovation has made constant
enhancements in computing, commuting, communication as well as every
other aspect of modern life. After landmark discoveries in
telecommunication (telephones) transportation (cars and air travel) and
everyday utilities (indoor plumbing, electricity, indoor lighting) were
made, the next logical step would be continuing to refine these
discoveries and fine tuning their features to maximize their efficiency,
making way for further innovation to take place, in a nutshell.


Products or services, no matter how valuable or useful, are often
constrained by minor setbacks or disadvantages after their initial
creation or development. Telephones were previously limited by a finite
cord, and most of land transportation prior to the widespread use of
gasoline was made possible by putting a toll on beasts of burden.
Innovators found ways to render a practical solution by thinking outside
the box and generally coming up with unconventional methods to
circumvent these inconvenient developmental hiccups and benefit society
as a whole. Spending your afternoon doing some light reading of the
history of the internet, microprocessors, online digital distribution
services as well as a wide range of other similarly tech oriented should
clue you in on the overall influence of innovation on our present day
culture.


Changing your business model in order to foster creativity and
innovation should be a goal that you ought to commit to if you want it
to grow, expand and avoid stagnation as our lives become more and more
intertwined and connected socially through the internet. You can
accomplish this by utilizing cost effective means to interact with your
customers as well as potential ones, this will enable you to gain much
needed feedback on improving customer purchasing habits, selling your
products or services more effectively online, mulling over the
possibility of making subscriptions enhance your business and finding
distributors that you can partner up with to improve how your products
are marketed.

Nevertheless, creativity and innovation doesn’t
have to be exclusively applied to huge scale entrepreneurial ventures,
unleashing your creative impulses by minding which foods you eat
(specifically the nutrients and antioxidants you ingest), performing
menial tasks and relying on lists and notes to help keep you focused go a
long way in inspiring you to think outside the box like most of the
influential innovators leaving their mark on history today.

A Few Good Reasons Why your Business Needs Contact Management Software

Businesses today ideally need a contact manager to survive and stay competitive. A contact manager is a software program that allows users to easily store and find contact information, such as names, telephone numbers, and addresses. This kind of application software is integral in implementing a customer relationship management strategy, as it helps identify clients who are profitable and who have the potential to be long-time customers of the business.

There are several benefits offered by a contact management solution. The main advantage is convenience: It is simpler to use and very practical for business owners who are “technophobic” or afraid of complex users and technological innovations. Any computer-savvy person can set up a client record database through a spreadsheet program, but it takes time and constant updating. Contact management software does not need formulas and summation values to work properly, making it easier for users to understand and operate.

Using a contact management program can bring a lot of positive results for businesses of any size in any industry. It does not only monitor customer interactions; it can also keep track of employee productivity. This yields more consistent efforts from every member of the staff and maintains favorable profit levels. Contact managers also produce up-to-date and readily accessible reports for business persons who need them in making sound decisions.

Sage ACT! is one of the most popular contact management programs available in the market. It is specifically created to fill the needs of small businesses and sales departments. The ACT contact manager integrates both customer relationship management and contact management functions into one easy-to-use package. It keeps phone numbers, emails, notes, documents, and to-do lists that can be linked to a calendar, ensuring that the business manager does not miss anything important.

The ACT contact management programs are designed for people who are focused on building and maintaining customer relationships. Its user-friendly interface can be shared by up to 10 people, making it ideal for a sales team to keep track of customer interactions. The ACT! promotes productivity, marketing effectiveness, quality customer relations, and profitability by ensuring that customer interactions are monitored and followed up regularly.

For more information, you can check out contactmanagementsoftware.org and tamingthebeast.net. These resources offer comparisons and reviews of contact management solutions recommended for small and medium businesses. You can also get more details about ACT contact management software by visiting the product manufacturers website, sage.com.

Choosing An Erp System For Freight Forwarding And Logistics Business

The complex nature of the shipping and logistics industry combined with the fierce competition that exists in this sector brings unique challenges to the small and medium-sized operators. This makes it imperative that freight forwarding firms, non-vessel operating common carriers (NVOCCs), custom house agents, international freight brokers, shipping agents and cargo agents streamline their multifarious business operations to remain competitive. Deploying the right ERP system dedicated to logistics and freight forwarding can help firms efficiently realign and scale up their activities whilst being adaptable to the rapidly changing regulatory environment.

Whilst an ERP framework can go a long way in helping you integrate diverse business and operational functions, choosing an ideal freight forwarding software that allows you to manage, access, and share information coming from and going into various departments is not easy. Before planning and deploying an ERP system, it is important that businesses analyse their potential keeping the following factors in mind:-

Integration of all operational and accounting elements within a single platform

The most important factor to consider is the degree of integration your ERP allows. For instance, a small and medium-sized freight forwarding agent who uses different applications to manage functions, including freight management, customs brokerage, documentation, container tracking, shipment tracking and compliance services would benefit more if all the applications are integrated into a single master application based on Tally ERP 9 platform. This customised Tally solution makes the operation more efficient, cost effective and provides the owner with real-time visibility of in-bound/out-bound shipments and their corresponding payables/receivables.

Avoiding duplication due to centralization of multi-branch tasks

The second parameter to consider is to what extent the ERP system allows the centralization of key multi-branch tasks. Consider each branch of a multi-location shipping agency using a separate business accounting application. This will result in disconnected pools of data independent to each other causing unnecessary delay, disruption and data re-keying whereas the business owner needs real-time business and operations data monitoring. On the other hand, if the same agency decides to partner with a Tally services provider and deploy a centralized software application, it has a greater predictability of its operations. Since this scenario allows the master application to read, write and edit data to and fro from each of the branch offices, it helps business owners track shipment-wise payment, performance, profitability and outstanding details.

Enhanced financial control and greater visibility

The ERP system that you choose to implement should provide a greater financial control by cross-integrating data from operational tasks and data from actual transactions. The system should allow the owner to calculate the expected profit per shipment and then compare it to the shipment’s actual cost and profit (using the data from transactions, receivables, payables and brokerage expenses). This helps the owner to track each jobs profitability which in turn can help them to focus on future shipments/jobs that have a greater profitability ratio.

Quick information access, report generation, and data archiving

Information reporting, data archiving and data storage are all important aspects of the logistics and shipping business. The ERP system should be able to generate and archive reports, including balance sheets, shipping-related MIS reports, packing lists, purchase orders and multiple invoices for different chain partners and quotations. Furthermore, cargo documents, including Cargo Arrival Advice (CAA), Cargo Arrival Notice (CAN), Delivery Order (DO) and House Bill of Lading (HBL) should be directly generated from the application. This helps business owners not only to retrieve but send these documents directly from the system to the logistical chain partners.

The Advantage And Disadvantages Of Brochures In Marketing

Marketing is a way of delivering information and encouraging consumers to try your product. The most popular ways of marketing is through the television, radio, internet and print ads. One form of print ad marketing is through brochures. Brochure marketing is a popular choice among small and medium scaled businesses because they relatively cost lesser than the other options except internet marketing.

There are several advantages and disadvantages of brochure marketing. It is important that you have an idea about what they are to help you discern whether it will work for you or not. Advantages are:

Having a brochure for your business or your institution proves your credibility. If you have the budget to pay for your letterheads and your business cards, a brochure can do you more. Aside from using it to feature your products and services to attract potential customers and investors, you can also use it to show your achievements throughout the years or your objectives in achieving your goals if you are just starting.

It makes your clients realize that you are serious and you mean business. With the growing competition in the business world today, only a few realize the benefit of having a brochure. Doing so will show that you give importance to all your clients because not all of them have the time to watch TV, listen to the radio or surf the internet. Therefore, giving them a brochure allows you to give them the chance to read what you have to share in their most convenient time.

Giving away brochures saves your time from typing separate letters that you need to give away to your clients. By having them printed at the same time, you do not have to go through the hassle of encoding and printing one letter at a time just to give to those who show interest in your products.

They come in handy. If you want to tell your clients more about your business, all you have to do is to give them a brochure that they can read for a better and clearer understanding of your products and services.
Disadvantages

Brochures do not necessarily mean a closed deal. If you are in a real estate business or if you are in car dealership, giving away brochures does not necessarily mean that you already have the deal. However, it is one way to encourage potential clients to read through it but other than that, nothing follows.

Brochures are expensive to make and change. If you do not know how to make your own brochures and if you do not have the right equipments, you will not be able to come up with the quality that you expect. Having them changed because of missed information and corrections is the same as having a new brochure printed.

Sometimes, if you are introducing a new product that are not of interest to your potential client, they simply ask you to just leave the brochure on the table. No matter how informative they are and how good your intentions are, they make the brochures a kind way of asking you to leave them behind.

Opt For Both Offline & Online Advertising For Best Results In India

Advertising in India is going through an interesting phase during the present time. The industry is seeing vigorous activities in both the Offline and Online methods. In the din of the various media promoting themselves as the best, there is a likelihood of the brands getting confused. In the Indian context, a combination of a few media from the Offline and Online sector is the best the strategy that a brand can adopt. This is primarily because some of the traditional Offline Advertising Media have not lost their charm on Indian consumers even while they have opened their minds to the Online Medium. This article discusses the leading media, a mix of which would bring the best results of Brand Enhancement, Visibility, and Brand Recall.

Airport Advertising

Airport Advertising is the king of Advertising in India. Boosting of a top of the line audience, the airport medium is a favorite site for promotions for all the premium brands. This is one of the rare media that has enjoyed popularity throughout the times, ever after its inception in 1987. This media enjoys patronage of all the top brands operating in the country. With the AAI now focusing on the growth of the Tier 2 and Tier 3 airports, the medium is looking at newer opportunities.

Metro Advertising

The advent of the Metro has redefined the transportation sector in India. As the larger metros are all set to follow Kolkata, Delhi, and Chennai to implement the metro in its transportation system, the Advertising sector too has received a high value platform with numerous opportunities. This medium is however a tricky affair and requires skills to turn the opportunities into realities. The Top Delhi Metro Advertising Agencies have however led the way in showing the ways in which this golden egg can be hatched.

OOH Advertising

OOH India or Outdoor Advertising India is still the preferred media of brands looking for high impact campaigns targeted at categorized / uncategorized audiences. The Hoardings, Wall Mounts, Translites, etc. are still effective in attracting the consumers here. Moreover, in spite of the high growth in the Telecommunication sector, certain segments of the Indian demography can be targeted only with Outdoor Medium. The OOH Displays act as static platforms for brand promotion at strategically selected places attracting high volumes of segmented and non-segmented audiences.

Online Advertising

Even though the above media are highly successful ways of investing your budget of promotions, the Online Media cannot be ignored. Doing so will effectively leave out the younger generation riding high on latest technologies. Since the youth form a prominent target group for most of the brands, a substantial presence in the digital world is a must for them. The leading Online Advertising Agencies in India have risen up to international standards within a considerably short time and are adept at providing world class services to its clients. Email Marketing, Viral Marketing, Link Building, SEO, and SMO are the leading services provided by the agencies in India.

Mobile Advertising

India is currently the third largest market for smartphones behind the USA and China. With its growth figures outdoing even China, India will definitely take over the second spot from the USA by the end of 2014 and is predicted to even dislodge China from the top spot in the long run. Therefore, investing in Mobile Advertising in India is an investment in the future.

Many experts define the Indian markets as markets in the transitional phase. Even though the future of Digital Advertising looks wonderful in India, the above mentioned OOH Media will also stay in prominence.

Branded Intimate Apparel Industry France Market Overview

In the perspective of lingerie’s, men are only left to wonder, ‘boxers or briefs’ whereas; a woman’s physique being sculpted and adorned in a unique way of its own, offer a wide assortment of choices. The market for women’s wear lingerie is being manipulated by the advent of modern technologies and fabrics that make new designs, and innovative intimate wears. These products have a higher profit margin than any other regular apparel. New trends in lingerie and fabric emerge exclusively from Europe and predominantly from France and Italy. France is at the forefront of fashion lingerie’s. Designers in France give more focus on rich looking fabrics, vibrant hues, laces, and embroideries. Just as their fashion, French lingerie’s also exhibit richness and elaborate embellishments that are preferred worldwide.

French Lingerie Industry Overview

France contributes to the origin of the word ‘lingerie’ which in French means ‘washables’. French lingerie’s come in sophisticated different lines; basic, sexy, and flirty, fitting every season. The designs are akin to both classical and modern look, and make a woman fit in line with the trend, while rendering her to ‘stand out’. They are available in a wide range of materials, tailored efficiently in different cuts and types, styles and colors. Their lingerie making techniques are based on centuries of expertise.

Current lingerie industry in France is valued to be $3.1 billion USD, and is further expected to increase by 0.8% consecutively for the next five years. French consumers spend about 13 billion euros a year on the purchase of lingerie’s. A lingerie industry survey states that French women spend 20 percent of their fashion budget on lingerie’s. Sale of lingerie’s account to 18% of total sales of women’s wear apparels in France. On an average, a French woman buys five lingerie’s in a year and one night gown every 19 months. Women in the age group of 15-34 purchase more lingerie items than women of other ages spending $92.4 annually on the purchase of intimate wears. Women in the age group 50-64 have a bigger budget and spend more than $100 a year for the purchase of lingerie. Much contribution to the lingerie industry comes from the women of this age group. Comfort is the prime consideration behind their purchase. French women are sensitive towards tones, textures, and prefer practical fabrics that are easy to care and non allergic. They like soft fabrics with micro fibers. Corsets, especially brassieres comprise the largest segment in the lingerie market.

Exquisite Brands from the Fashion Capital

Over the past decade market trends have changed offering creative products. Brands like Dolce, Gucci, Dior, and Gabana have expanded their market through these types of products. Several stores and boutiques in France specialize in unique items of French intimate apparels. Agent Provocateur is a classic and couture lingerie brand. US companies have good opportunities in this sector, and have superior brands that appeal to the preferences of the French consumers. Warnaco’s Lejaby, Calvin Klein, & Warner’s, Sara Lees’s Playtex, Dim, & Wonderbra, and VF Diffusion’s Bestform, Lou, Variance, Bolero, & Vassarette, enjoy a good market in France. US are predicted to have a promising market in France as French consumers are becoming more receptive to American fashions.

However, domestic brands do have a strong hold in the French market. The top five intimate apparel brands in France are Lejaby, Simone Perele, Chantelle, Aubade, and Barbara. Domestic brands like Lise Charmel, Ravage, Rien, have a reputed market. Brands of Swear and Audrey have a sales figure three times more than imported lingerie’s. Brands like Pour Moi and Chantelle have achieved good revenues. Sold in more than 50 countries, Chantelle is the top French brand in the world.

What is Hot in the French Lingerie Market

France offers a fashion fiesta of lingerie’s for the fashion savvy women of today. Brassieres with cut seams, molded shape and nave embroideries, transparent body suits, classic demi-cups with underwire, intimate wears in ultra simple shapes with decorated graphics, camisoles with transparency and layering are a few items that sell in the market like hot cakes. Lingerie’s made from fabrics of fine opaque knits, voile knits, organza, blended woven stretch products, and fine tulle fill the stores in France. Cotton, linen, microfibres, laces, and tiny mesh fabrics also have their share in the making of these garments. Appealing intimate apparels in shades of indigo, cobalt lavender, tone-on-tone colors with hues of pink, red, and orange, opaque & translucent white and pastel tones of parma and blue are the shades most sought after by ‘French mademoiselles’. There is a resurgence of fashion of the early 40’s and 50’s among the French designers. Sensual fabrics with subtle lines in complementing hues have made their appearance. Aubade lingerie’s exhibit the grace of the geisha in soft, feminine intimate apparels. Flower motifs supplemented by leavers lace demonstrate an intimate feel.

Business Strategy – E-commerce Online Stores

The internet in principle is no different than any typical town main street. There are plenty of different small, medium and large stores to choose from, some are well known names and some not so well known. There are also plenty of information centres, recreation and food and beverage facilities all designed to improve the shopping experience. For the majority of proactive retailers however, the internet is now established as being by far the biggest profit centre of all, contributing the lion’s share of corporate gross revenues and yet the online main street store costs far less to develop, far less to maintain and far less to stock than even the smallest traditional main street store. However this unprecedented success has still been achieved largely by accident. At the beginning of the internet revolution most companies viewed the internet as being a source of new enquiries achieved in much the same way as a main street bill board or advertising on TV. The idea of using their corporate web sites as an online store has very much evolved over time. Now consumers can purchase anything that they can usually purchase within their local town main street online via the internet as well. This can invariably be done quicker, cheaper and more efficiently too. So what is the difference between good and bad online retailers? Any good marketing expert will always advise you to feature your product as prominently as possible within any advertising or public relations campaign that you undertake. The internet is no different. Visitors to Harrods in London tend to go there for the Harrods experience. Customers expect in many cases to pay slightly more for products which they could purchase elsewhere for less, but the difference is considered worthwhile because you are purchasing the product from Harrods. The same is true of Saks Fifth Avenue and Bloomingdales. Creating the Harrods experience online has proven to be virtually impossible however and the company are still struggling to achieve this goal. Visitors to Harrods online expect to visit recognizable departments in the same way that they would if they visited the store. Providing the same products online is not sufficient in this instance because the same customers would not be prepared to pay inflated prices for products online via the company’s web site if they are not also being provided with the Harrods Experience. Conversely Amazon has done very well indeed online, although the success has not been achieved without problems along the way, but these problems were caused by too much success and consequential delays with supply chain management and distribution. The main reason why Amazon has succeeded ultimately is because it is actually very easy for them to provide customers with a better experience than they would normally have in a main street bookshop or DVD store and they can also provide the products at a more competitive price. Book shop and DVD customers do not tend to be browsers like Harrods customers. They tend to walk into the store with a product in mind and the frustration of searching for it through endless stocks of other books and DVDs has been unceremoniously stripped away by Amazon. Not only that but they have been able to ensure that almost all of your favourite author’s books are already in stock, which tends to increase sales revenue and subsequently purchasing power considerably. It is a good example of where impulse buying can actually be more powerful over the internet than in a typical main street store. Another example of this is Tesco. Always leading the market by determining their customers needs and buying patterns in advance, Tesco has developed their online store in such a way that it more-or-less replicates the shopping experience of a typical main street store. All of the products are still decentralized into clearly recognizable departments. You can still virtually pick up the product and read the ingredients, compare health information, browse through alternative products, put items into your basket and then change your mind and take them out again. You can review the total cost of your daily shopping as you go along and adjust this without the embarrassment of having to face a check out assistant. Supermarket shopping tends to be laborious and hard work, particularly for elderly customers, pregnant customers, or customers who work long hours or who have small children. So it has been easy to strip out all of these frustrations and add in numerous benefits when shopping online. Their web site database remembers your last orders which saves you time can you can still take advantage of special offers. You can have your goods delivered to your home and customers will invariably have the time and the patience to browse around for other products which may be of use. In an industry where profit margins are small and competition is fierce the internet has effectively provided the industry with the supermarket store of the future and it is not impossible to envisage a time when their typical main street or out-of-town counterparts will no longer be necessary. The Academy of Business Strategy has succeeded in developing and facilitating education online, where many mainstream business schools and universities have not. The reason for this is quite simple. ABS provides programmes require the practical integration of academic theory as an integral part of the qualification process and as such students tend to be in full-time employment while training. Many students also travel internationally with work while training as well and as such it is much more convenient for students to be able to study online without having to carry their study material and project studies around with them. You can then make the study experience more interactive, more enjoyable, less daunting and more fun. Individual students can also plan and manage their own study time. Contrary to Harrods for example, ABS can therefore provide its customers with a better experience online than it would otherwise be able to in a classroom on campus. The general message here is quite clear. Those retailers who are able to replicate their typical main street store customer experience within their store online and are then able to add additional benefits from shopping online tend to be those who will succeed. It is not sufficient merely to offer the same products online at a discounted price. Innovation can also play a part. I remember as a child being impressed by a particular department store merely because they had installed escalators. Well I had never seen any before! I thought that this store was very modern and even to this day think of them as being at the forefront of innovation. The brand image has therefore been sustained merely because they have invested in innovative development to improve the consumer experience. This can also be achieved online by being at the forefront of innovative technology, which directly impacts upon user experience. This requires significant and consistent investment but it is still far less costly than developing and managing a typical main street store. The key success factors when developing online stores are therefore as follows: 1.Make sure that your products or services feature prominently. They should always be the stars of the show. 2.Remember to replicate the benefits of your traditional main street store online. 3.Be innovative with the development and management of your online user experience. 4.Your online store should offer additional benefits apart from the most obvious one of cost savings. 5.Be acutely aware of whether you would in fact be able to improve your consumer experience by having an online store, or whether you would be making it worse. Products or services that are considered to be necessities by consumers always tend to do better online, as opposed to those that are considered to be luxury items. This does not of course mean that benefit cannot be achieved online with luxury items, but the e-commerce strategy does need to be approached from a completely different perspective.