Posts Tagged ‘Business’

Contests That Focus Primarily On Entry Fees

Monday, July 28th, 2014 by

I was looking at a contest today where they were looking for creative submissions in an effort to hold a contest of sort where at first it sounded like a neat idea. However, upon looking at it further it seemed like they asked everyone for a pretty low entry fee which kind of made me think that was the real intent of this operation. Essentially, it’s almost like paying into a lottery system.

While granted not all entry fee based contests are like that, surprisingly many of them are. Usually I notice these things tend to target people in a creative field more as to many it sounds like a great opportunity to get more exposure for one’s work or talent. This is one of those times though where you have to really make a decision rationally as opposed to emotionally. Example, researching everything about the company that you can find as well as the operators of the contest. Your wallet will thank you later.

Contests With A Creative Elements

Sunday, July 20th, 2014 by

I was thinking today as I bumped into this link at http://apps.timhortons.com/campaign/duelling-donuts/en/index.php that is essentially a contest to win a $50 Tim Hortons’ card. This is one of the contests where they require people to create something fun where apparently a winner will be chosen that way. I was thinking, are people more inclined to enter contests to get free stuff it was simply an entry form submission or if it had creative elements like this?

In some crazy way I was thinking that having creative elements can probably generate more response as people will probably think that it is more skill based and therefore they have more odds of winning. Then again, maybe I am underestimating how the majority of people simply don’t want to do anything and just wants free stuff usually.

For myself, in this case I was more inclined to see what it was about because of the creative element even though I don’t really have a use for the prize myself.

Trying Too Many Money Making Businesses At Once

Saturday, July 19th, 2014 by

I was doing some research on an individual recently where not too long ago I know for a fact she was provided with a lot of help and support to try and get back on her feet financially as it seemed like she kept getting herself into businesses that ultimately don’t work out. Not surprisingly too, virtually all of these businesses have a buy in fee of some sort.

What surprised me in this situation was how many of them she was trying to do at once. Her justification for it was kind of interesting as she was expressing how a lot of people say that to succeed you need to fail. So if anything trying all these businesses is simply a way to fast forward your chances of success. I personally think this is too lottery mentality. If you are going to try running a lot of different businesses then I would think you would have to have them on auto drive. I don’t think anyone is crazy enough to try and work at two jobs for example where both businesses require you to physically be there from nine to five.

I agree with the notion that you have to get over your fear failing so that you are actually doing something, but at the same time that means giving it our all too to try and make something successful. Treat it like your baby I guess is the best way to put.

Life Disadvantages As An Advantage

Thursday, July 17th, 2014 by

I saw an interesting scenario today where there were a group of people who had to essentially sell themselves by first saying their name and something interesting about themselves. Most people did the basic such as saying their name followed by some kind of funny experience they had. One person mentioned that they actually had a lot of prosthetics and the whole room just kind of went silent. It was a shocker as typically it is fair to assume that they have to work way harder to be on the same level as everyone else.

Just kind of makes you think that what people would normally view as a negative for themselves can be a good positive to make them stand out business wise. Doesn’t everyone like a good comeback story for example? People often say that whenever you are trying to market anything that you need to find a way to stand out. Many times we don’t have to look any further than all of the unique situations we all had to go through even if they aren’t pleasant.

Running Out of Sale Name Ideas

Friday, July 4th, 2014 by

I thought this was an error at first when I saw this today:

boxingdayjuly

As you can see, it was advertising a “Boxing Day” sale. For those who don’t know, this is like the equivalent of a Black Friday sale in the US. Of course, based on the advertisement they were trying to imply this was special where they are having it in July.

I was thinking, are the name of sales actually that important to us? Like in this case, if they just called it a “Weekly Sale” it would probably be the same to me personally. The only thing it makes me think is that creatively the business isn’t try too hard to market to consumers.