How To Avoid a Power Struggle with your Child

Thu, 15 May 2008 19:42:19 GMT

clipped by: patgrahamblock
clipper's remarks: Visioning is a process that is helpful in many situations, even when dealing with family members and kids!

Clip Source: articles.simplyuniquebabygifts.com

How to Avoid a Power Struggle with your Child

The very best way to avoid a power struggle with a child is to use "visioning". What is visioning?

Visioning is the same process that is used prior to going into any activity whereby you want to excel! In other words, let's say you are going to be presenting an idea at a business meeting and you want the idea to be accepted well by the other participants of the meeting. (Before you think I have gone off my rocker because all of a sudden, I am speaking about business meetings and not kids... bear with me - I'm going somewhere with this!)

[By the way, this concept in taught in a much bigger way in many business books I would recommend.]

Tags: kids, children, babies, parenting tips, advice

The Life Time Value of a Customer

Thu, 15 May 2008 18:57:29 GMT

clipped by: patgrahamblock
clipper's remarks: What an eye-opener to look at the lifetime value of a customer rather than just what they spent per month or per year, etc.

It really makes sense to take good care of them with strategic customer appreciation ideas, as it's easier to keep good customers than find new ones.

Clip Source: www.gather.com

When judging customer retention costs, it is common for business owners to only look at each individual purchase from a customer or at most, the purchases a customer makes each year. But what about looking at the bigger picture?

In other words, let's say your average customer makes an average purchase of $300.00. And they make four of those purchases per year. Their annual spending with your business would be $1200.00.

Without looking at the bigger picture, you may be inclined to guesstimate you have just lost a $1200.00 customer.

No. Not if your average customer typically spends that same $1200.00 with your company every year and typically remains your customer for approximately 7 years.

But is that really what has happened?

Tags: customer appreciation ideas, customer retention, marketing

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How To Avoid a Power Struggle with your Child

The Life Time Value of a Customer