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THINKING OF A BUSINESS? B2B OR B2C, WHICH ONE IS BETTER?

B2B vs. B2C Marketing: The Similarities and Differences

The business arena involves a lot of processes, transactions and models. A choice on a model determines how the business will sail across the sea of success. Therefore, before the big launch, think about the model you prefer. Research about it and be well acquainted by how it operates. With regards to that, a choice on either B2C or B2B causes a variance on how certain activities are undertaken i.e. Marketing, Logistics and Transactions.

B2B vs. B2C- What are they and how do they Operate?

B2B business model involves transactions between a business entity and another business entity. The transactions arise due to the selling of goods/services by a business to another business.

B2C on the other refers to transactions between the consumer and the business. A supermarket is a better example. The transactions carried out also arise due to the selling of goods/services to the end user-consumer.

How do they Vary…?

Marketing strategy

B2B business uses a complex marketing strategy that focuses on the businesses which are potential customers.They invest a lot towards attracting more entities to the business. The marketing strategy adopted by B2C businesses is a simple one that focuses mostly on Consumers. The activities involved are simple. The form of communication used is that which allows the consumers to understand faster and make a decision.

Purchasing procedures

Every activity has got the right steps to be followed during execution. Similarly, the business models also have varied procedures with one having complex ones and the other simpler ones.B2B requires that consultations are made and all protocols observed before any transaction is done. However, B2C entails near-zero procedures as the consumer is only expected to decide on based on the desires and wants. The business is also tasked with the responsibility of availing products for purchase.

Quantity of stock required

Both B2B and B2C require a considerable amount of stock to operate effectively. Although, the two models vary especially when the question of “How much/How many arises”.B2B requires a large volume of merchandise since it deals with bigger entities that purchases in bulk as compared to B2C where the purchases made are in smaller amounts.

Brand creation

In B2B, the brand is created through the mutual relationship between the businesses. The focus of B2B is more on the relationships created with other businesses and making it longterm. In contrast, B2C focuses on creating its brand through promotional methods and enhanced products. The focus of this model is more on the products.

5.Buying and selling Cycle

The duration taken by the buying and selling in B2B is long since a lot of steps are involved. However, it’s different from B2C as the steps are simplified thus the shorter duration. The consumer buys fast and the selling is also done using the shortest time.

Room for negotiation

Negotiations are mostly driven by factors that prevail in the business.B2B, therefore, has got adequate room for negotiation with regards to logistics, pricing and quantity.The business entities purchase the goods in bulk thus enabling them to get friendly discounts. They can also negotiate on how the goods they have bought will be transported to their business premises. Even though B2B has got a better room, B2C on the other hand has got minimal room for negotiation since the goods purchased are usually in smaller quantities.

So which one is better?

The decision on which business model to go for is depended on;

The operating costs involved
The operating procedures
The availability of potential customers
The Prevailing business policies
The availability of capital

A deeper review and research will enable you to decide on which business model to choose. Just as mentioned earlier-The success of the business is dependent on the model chosen. You can also choose both depending on the above factors.

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Revealed! Writers Deserve Direct Entry Into Heaven. See Why …

Are you a freelancer or you are aspiring to be one? If you are one, then you must have experienced what this article is about to express. However, if you are an aspiring writer who has a great passion for content creation, then don’t be surprised if you get shocked by what you are about to read.

As a writer, you must have had valid reasons which dragged you into the writing industry. A thought that writing has a good income, enjoyable and has flexibility might have been the reason. But did you at any given moment give what you already ventured into a second thought? Maybe you did or didn’t. Writing may be offering you the freedom you envisioned the very moment the idea of joining the freelancing industry flashed through your mind despite the hardships you go through.

So why is it that writers deserve the ticket to heaven?

Who would doubt that writers don’t belong to heaven? Writers do diligent work hence not associated with evil and that’s the reason none thinks of associating them with evil. Besides, they undergo a lot when trying to make ends meet. A deeper overview shows some of the things they go through as highlighted below;

Late nights; the one who came up with the quote –poverty is manufactured on the bed must have thought about the sleepless nights’ freelancers have. When others are deep asleep and in their dreamland, a writer is closed in a room with the head buried in a laptop or desktop. Some writers also choose to sleep some minutes past midnight and wake up at cockcrow. Repetition of that makes it a culture in their life.

Too much knowledge; Writers deal with varied concepts ranging from technology, health, politics, socio-economic, economic and religion. With vast knowledge gained from these areas, a writer is left with too much knowledge after completing a task. Since there might be more tasks at hand, a writer easily forgets about the previous knowledge gained and researches new ideas thus making the library of knowledge useless.

Delayed consideration; after completion of task and submission, the content written undergoes verification by the employer. If the content meets the expectations, the writer is notified but not paid immediately hence making the writer to wait for long. As a result, a freelancer may be prompted to seek government employment which is not easy to get. Furthermore, a writer may also take some time to get consideration from a prospective employer after an application.

Exploitation; Due to desperation for tasks and money, the majority of writers do fall in the trap set by new employers. Employers use phrases like “Consistent flow of work” or “Long term project” to lure writers into working for them and end up paying them peanuts. Employers do that despite the long hours spent researching to come up with unique content.

2 A.m. Wake up call for corrections; after spending long hours to complete a task perfectly and submit in time, a writer retires to bed. However, an employer whose time zone differs from that of a writer wakes up the writer who by then-unknown to the employer is deep asleep. The main reason for the wakeup call is not to ask for payment details but to request the writer to make corrections which times may seem to be petty. Since writing is a call and not a career, the writer wakes up from the deep slumber to make corrections.

Huge budget on data Bundles than Food; since writing does not require rumors but facts, a writer is compelled to slash part of the consumption budget and direct it to data which is later used in extensive research work. Writers believe that it is an only comprehensive research that can make them meet and exceed the employer’s needs hence the huge budget.

Fewer friends; a writer’s circle is very limited to the number of friends. A writer does not have all the time to hang out with everyone hence fewer physical friends and more online friends whom some are also writers. Therefore; it’s not easier for physical friendships to work for a freelancer.

Why don’t they give up?

Despite the waves in the sea of freelancing, writers continue to sail across the small and big tides. Giving up is what they don’t dream of. Also, any attempt to give up may make them drown in the sea. Therefore; writers deserve the ticket to heaven because that’s where they belong to.

Heaven is there home

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ARE YOU LOOKING FOR A CAR TO BUY?, HERE IS ONE WORTH GIVING A LOOK-THE TOYOTA PREMIO

TOYOTA PREMIO, 2.0G SUPERIOR catalog - reviews, pics, specs and ...

Toyota is one of the greatest and valued Japanese companies known for manufacturing quality and reliable automobiles which give the lovers of auto a chance to continue being faithful to the company. One of its known models in the market is the Toyota corona, a car which has always proven high level of durability and reliability especially in Africa. In fact, Toyota cars to be precise are made to be African hence that being one of the justifiable reasons why it still dominate the African market despite the existence of German,Uk and French auto companies.However,besides the Corona, Toyota went ahead and manufactured the Toyota Premio which was first released into the market in 2001.

About the Toyota Premio…

It’s a luminous Sedan that was manufactured majorly to demonstrate how good Toyota is when it comes to quality and functionality. It’s the immediate predecessor of the Toyota corona which still exists though. It was released into the market in two phases

First phase was theT240-produced between 2001 to 2007
Second phase being the T270-produced between 2007 to present

Toyota premio is sold exclusively as first hand in the Japanese market and Asian market in general and later shipped to Africa as second hand for reselling by the car dealers. Even as a second hand vehicle, the car still doesn’t disappoint when it comes to performance and reliability.

A deeper overview of the Premio -2012 Edition

The exterior

TOYOTA PREMIO, 2.0G SUPERIOR PACKAGE catalog - reviews, pics ...

The vehicle exists in varied body colors ranging from silver, white, red to black. As a result, a buyer is left with many options to choose from. The body type is saloon fitted with alloy rims, fog lights and sunroof. The body shape enables the car to double up as a luxury and sporty vehicle hence satisfying both the lovers of sport and luxury. The body shape is comparable to that of Allion and Avensis except for some of the slight differences.

The interior

Toyota Premio 1.8 2007 price, specifications, overview & Review ...

The car is a five seater with its seats well knitted and fitted with comfortable and welcoming headrest. It has got adequate leg space for both the driver and the passengers on board.

How about storage?

2013 Toyota Premio Review - Topcar.co.keTopcar.co.ke

The cabin boasts of sufficient space which enables the driver and the passenger to store their phones and other items. It has got four cup holders which are capable of holding cups with contents even when the car is on motion.

Luggage space

2010 Toyota Premio Review - Topcar.co.keTopcar.co.ke

Just like any other saloon, the premio has got a nice and amazing boot space that can support luggage that is medium sized. A typical example is that of Suitcase and groceries. The seats are also foldable to create room for more luggage whenever need arise.However,the boot space and its technical modifications can’t allow it to carry bulky goods as compared to crossovers and SUV’S which have the ability to do so.

The classes of the premio

Edition	Description
Toyota premio F	1.5L 1NZ-FE engine,CVT transmission and 2WD
Toyota premio X	1.8L 2ZR-FE engine,CVT transmission with 2WD/4WD options
Toyota premio G	2.0l 3ZR engine,CVT transmission with 2WD.It has got also alloy rims,fog lights and sunroof

Maintenance and Repair

https://topcar.co.ke/wp-content/uploads/2019/02/2012-Toyota-Premio-engine.jpg

The premio is a pocket friendly vehicle which does not command much from the pocket as long as it serviced regularly. With just $ 50, the owner is able to have the vehicle moving with very much ease and with no doubt in mind. Its spare parts are easily available either as new or used and negotiable hence making it affordable to repair the vehicle in case of a breakdown which is rare.

The distance in kilometers covered by this car is the key determinant to the owner as to whether it deserves servicing or not. With a coverage of about 11000km ,the vehicle require air cleaning, oil filtering and engine oil whilst more than 15000km requires that the vehicle be given a major service which cut across air cleaning, oil filtering, engine oil, brake pads, cabin filter and fuel filter.

How stable is the Car?

It is more stable compared to the counterparts like the Allion and Axio which are not able to maneuver sharp corners at a high speed .This is because of the shape of the vehicle coupled with its weight and low center of gravity owing to the fact that the higher the center of gravity the less stable a body becomes and vice versa.

The acceleration power

2012 Toyota Premio Review - Topcar.co.keTopcar.co.ke

GRADE	CAPACITY	ACCELARATION TIME(0-100KM/H) IN SEC
Toyota Premio F	1.5L	11.0
Toyota Premio X	1.8L	10.5
Toyota Premio G	2.0L	10.00

The table is enough to show that the vehicle has got high acceleration power hence can’t disappoint when it comes to speed.

Its comparable competitors are BMW318i, Allion, Mercedez Benz C180 and Subaru legacy.

What the car is liked for…

Majority like the car for its stability, durability, reliability, luxury nature and its affordability. However, despite the likes, the vehicles price remains a challenge to its lovers since it appears to be exaggerated.

Even though other companies are also producing good cars, Toyota premio still remains to be a beast in the market due to its economical nature, reliability and durability. The car is multipurpose when it comes to luxury and sport. Its reselling value is quite good and it’s recommendable for a buyer who is looking for a car with a touch of class. The car is available at any local dealer outlet with favorable purchasing options in place.

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HOW TUSKYS-THE KENYAN RETAIL GIANT IS MAKING SHOPPING EASIER FOR KENYANS

Is Tuskys Supermarket on the Way of bankruptcy? Here is Why ...

There are a lot of rising trends in the retail industry, especially in the B2C business. The modern trends cut across how supplies, manufacturing and selling are done. It is notable that the retail industry has shifted from the old where customers were visiting the physical store to a new method where the business owners are going to look for customers where they are. The trend has seen other sectors such as logistics companies benefit because they are a key stakeholder. This global trend has not left Kenya behind. The retail giant-Tuskys Supermarkets which have always proven to be innovative has taken the market with storm by its introduction of the E-commerce services. The move has made it easier for customers to acquire whatever services they need from their comfort.

The introduction of E-commerce services has not only made it easier for customers to shop but also several benefits.

Key benefits of the online shopping trend to Tuskys customers…

Convenient. In this digital era, almost everyone wants to enjoy various services at their comfort without having to move physically. Online shopping has made it easier for customers to shop from wherever they are at any given time. It also enables them to undertake other tasks alongside shopping thus making their lives easier.

Easier price comparison; since all the goods are listed in the online platform with their prices, it is easier to make a viable purchasing decision regarding the item the customer intends to purchase. This at the same time enables the customer to avoid peer pressure shopping that is likely to occur if the shopping is made physically in the store.

Varied goods; not only are the prices varied but also the goods. They are well placed in the online platform with their respective categories. Under any particular category, the items have their respective alternatives. The availability of a wide range of products from consumable to non-consumable makes the shopping process easier and better with regards to making choices.

Adequate information available; Easy to understand and informative information is available at hand for any customer who intends to make a purchase or even to know about a product. Honest customer reviews are also available for any customer intending to know about the authenticity of the system. The customer is therefore guaranteed transparent information concerning any product or whichever services available on the website.

Better prices. The pricing strategy adopted by Tuskys is one of the best and fair. By visiting the online platform, the customer meets quality items with fair price tags. It not only enables the customers to save but also acquires quality goods at a very affordable and fair rate.

Who doesn’t want to save time?

This shopping strategy is efficient thus enabling customers to save a lot of time compared to when they visit the physical store where they have to push the trolley and also make queues to make payment. With the availability of everything on the website, the customer gets served fast since the website is modified to make shopping easier.

Secure; even though visiting the physical store is also secure, online shopping on the website is much secure because no one knows who you are and also none can follow you to your residence a case that is likely to happen if you visit a physical store. The transactions are electronically made hence more secure.

No more parking issues…

With the Tuskys online shopping, you don’t need to get bothered about where you as a customer will park your automobile. All that you need is your phone and electronic funds to pay for your goods. Therefore, a customer gets to save the parking fee that would have been incurred.

Reliable. The method of shopping is worth trust because the logistics, transaction and shopping are done within a short span and they are all done effectively thus making it efficient. The logistic personnel also handle the goods carefully to avoid breakages and other cases that may arise due to mishandling. Electronic records are also kept electronically for any reference if required as compared to physical receipts that the customer is likely to throw in the bin after leaving the store.

store?aff=608 or the online customer support contact;+254709382334.

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10 things that might be wasting your time without your knowledge

How to manage time wasters effectively and efficiently | MyElearning

More often people realize that they did not manage to accomplish their goals. Majority of the people are fond of setting their plans annually. They are always driven by great vision when doing this. At this particular stage, a picture of them living in the desired future as planned is a great fulfillment. Some goals are always not achieved due to unavoidable circumstances which almost everyone understands depending with the nature of the circumstance. On the other hand, failure to concentrate and remaining determined towards achieving a goal may be also a better reason. Unknown to many, there are greatest time wasters that people always give chance hence facing great hindrance towards achievement of goals.

Common Time wasters

Perfectionism. It simply refers to the act of trying to always appear perfect or trying to make everything appear exact and correct. It’s quite crazy but you who is always trying to be perfect at everything needs to understand that even the five fingers of your hands are not equal and that’s why you are not likely to be 100% right always.Therefore, it is better to know that it is better to always try to make what you cannot do perfectly look better but not to waste time trying to be a perfectionist.

Complaints. After realizing that you have failed to achieve a goal, it is worth to accept and continue. However, this is not the case in many scenarios. Many a times people try to find excuses that enable them to complain. Trying to do this from time to time, not only limits you from exploiting your potential but also from achieving the right things at the right time.

Failing to prioritize. Having many goals outlined is not bad. As a matter of fact, it is the best thing ever one can be proud of since they act as the driver towards success. Even though having goals is the best thing ever, it is important to note that knowing how to prioritize them is always the most important. You cannot achieve everything planned at once. It is always better to move step by step. The order of importance, urgency and resources required are the great determinants towards deciding on priorities. Failure to plan well may therefore end up wasting your time and other valuable resources.

Waiting for inspirations.Getting inspired is the greatest thing ever.Infact most of the successful people always get their inspirations from either videos, books or someone they know. An inspiration without actions is futile. Therefore, trying to always get inspired without acting is a great waste of time.

Trying to please everyone. It is the worst thing one can ever do. Understanding that you lack the ability to make everyone happy is the greatest asset you can thank God for. Many have suffered depression in the past and currently just because they tried to please those who were not busy with them. To avoid wasting the greatest asset on earth-time, it is better to do things in your own way and appreciate your own self before others do it for you.

Fearing failure. Fear is the greatest devil and obstacle towards achieving great things. Fear is simply the thinking in the mind. By being fearsome, one becomes limited from trying new things thus limiting opportunities. Therefore is always better to take fear out of your life and concentrate on trying new things. Doing the opposite however only wastes time and allied resources.

Repeating mistakes. A Swahili proverb, “Kosa si kosa, kurudia kosa ndio kosa”clearly demonstrate that a mistake done for the first time is not a mistake but repeating the same mistake is the worst thing to do. It is better to always learn from the first mistake done to avoid repeating such mistakes for the second time. Even though mistakes are inevitable and are like accidents in nature.One can always strive to avoid them. Failing to minimize mistakes has always been the hindrance towards achieving certain goals in time.

Spending time with people whom you do not share destiny with nor goals. Many are the times that people tend to share their goals with people who later turn out to be obstacles. Such people are characterized by being lazy and effortless at making things work out.

Concentrating on things that do not relate to your goals. Such things will fail to propel you towards achieving success. They will make you to walk in a parallel path with that of your goals. Such things may include learning skills that you have no interest in.Also forcing yourself into things you don’t understand is another case.

Spending too much time in bed. Millionaires for instance understand that poverty is made in bed and that’s the reason they rarely wake up late unless they are ill. Sleeping as if you are in the land of the dead will do you no good but waste your time and land you in the land of poverty.

It is therefore advisable to factor out the above highlighted factors from your path of success so as to be able to achieve your goals in time. There is nothing as painful as failing to achieve a goal you took your time to set. Regrets are not the best therefore try to always utilize your time adequtely since it is a very special resource that when used well brings wealth and when used badly it can bring poverty as well.

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Recommended: Factors to consider before Purchasing a piece of land

A solid investment for a solid future is very essential. As a matter of fact, investing for the future is better than saving for the future. Cash in the bank can always be hit by inflation thus lowering its value bearing in mind that money loses its value with time. Solid investments can be in various forms depending on the nature. The common investment that most investors lay their hands on is land.Land by its market nature, is characterized by appreciation in price from the moment it’s acquired. Although acquiring land through purchase can be a better form of investment and sweet at the same time, it can also be sour and bitter on the other hand. Failing to consider some factors may make one regret investing in it.

Factors worth considering

Purpose-Purpose is the goal for buying the land. Taking time to figure out the purpose of the land is key. You may decide to buy the land for commercial purposes, Agricultural or even residential. With the subject of cost in mind, the purpose is a great determinant. Commercial plots are believed to be of high cost.

Prevailing restrictions-various zones have certain policies that must be adhered to. Some are marked “no trespass” and others “Not for sale”. As a buyer, you should not let ignorance sway you away from questioning the vital things because failing to do so might land you into a frying pan hence affecting you negatively in the long run.

Availability of Water. It is a natural resource but in certain places, that’s not the case. After purchasing a plot of land, one might be faced with serious scarcity of the said resource. Therefore to avoid regretting later as a buyer, you need to asses on the availability of this resource.

Access to Utilities.Being able to access some of the basic services such as health, banking and education is very key. When buying land, it is better to put into consideration such essentials. They act as the determinant to the cost as well. The nearer the services, the higher the cost of a plot and vice versa.

Climate. Putting climate into consideration makes you understand weather you will be affected positively or negatively. Climate in some areas are suitable for agricultural purposes while others are not. The climate in other areas may also make you-the buyer to be affected by cold related diseases e.g. asthma. Therefore it is important to always remember this as a critical factor before making any purchase.

Additional costs involved. It is always better to know the hidden costs involved in any transaction. This becomes an enabler on how to plan well according to your budget thus being a great cost saver. Various costs such as construction and transport may be a great hindrance after purchasing a plot of land.However, by considering it, the costs can be eliminated by either deciding to buy the land or not to.

Level of safety. Who does not value safety? Definitely no one would admire or rather wish to live in an insecure place.It is therefore prudent to always consider the issues of security keenly. Not every area is safe therefore,when planning to buy a plot, mostly for residential purpose, it’s always better to assess the level of safety in the area.

Having considered the above factors, chances are that you will end up with the right decision and invest in the right place. Information is very key and therefore lack of it is like a cancer even though one can always do research using a number of methods. Any amount of money should therefore not be lost due to lack of information.

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ONE THING THAT MILLIONAIRES VALUE MORE THAN MONEY

Majority of the people always think that millionaires value their money than any other thing. However, you may be shocked to learn that they actually don’t value money that much and even if they do, then it is the second most important thing to them. To clear the air, millionaires value their time more than any other thing. They believe that time is the most valuable resource they have to create more money. ‘‘Time is money’’ a phrase commonly used by many. Ironically people who use this phrase mostly do not change the time they have into money and that’s why they live to chase after money thinking that is what millionaires do.

What you need to know about your time…,

You can waste your time-It involves using your time to do things that will not be beneficial to you in the future or present.
You can spend your time-Involves doing things that are presently beneficial to you but not beneficial in the future.e.g Scrolling through Facebook
You can invest your time-involves doing things that are may not be useful to you currently but maybe so impactful in the future and will actually pay back. It involves things like learning about a new skill.

Unfortunately, when you check at how you use your time, you will realize that you either spend your life or Waste it and if you invest, then only a smaller percentage of it goes to investing. Of all the resources I know, time is the most unique resource since it is perishable. Once a second, minute or an hour passes, it never comes back and therefore,it remains the most unique and precious resource.

How differently do the Millionaires spend their leisure time?

Leisure time is the free time that people always have especially during weekends after a long week at work or even at the end of each day. Majority of the people always let their free time just pass without utilizing it effectively. However that should not be the case. Millionaires mostly spend their leisure time actively while the poor do spend their time passively.

During leisure time, millionaires always engage in activities such as training on a new skill, volunteering, playing golf at the golf club or even reading books. Poor people on the other hand, always spend such hours either sleeping or watching their favorite program on television. A quick review through this article will confirm to you that of the two parties, there is one who loses and the other who gains. The one who gains values time while the other who loses carelessly utilizes time.

In conclusion…

It is better to emulate the good habits of the rich and Millionaires to enhance the level of productivity in us .Time is the most precious commodity that is very perishable and that which requires special attention to be utilized well.

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DON’T SAVE FOR RETIREMENT,INSTEAD DO THIS

Definitely everyone will become old at a given stage of life. Being old is the best thing ever; however the most important thing is how you plan for the old age. Majority of the people save in mutual funds and other schemes created by the government and financial entities. Saving for retirement is one of the best ideas one can buy, although there is one important thing which is better than saving and that is investing. Investing is simply making money work for you and get returns over a period of time. Saving on the other hand is the safe keeping of funds for use at a particular time. Saving is good but saving and investing is better. Therefore below are some of the recommended investment options for retirement.

Top recommended…

Investing in Bonds

You can decide to either loan the government or a company. The best thing with investing in bonds is that once the money loaned out matures, it is paid back with a certain interest and this creates a steady flow of cash. The duration in which the bonds mature is varied. There are short term, Mid-term and long term bonds. It therefore enables an investor to choose the type of bond to invest in.The return from bonds can be therefore used as source of retirement income.

Real Estate

Investing in real estate does not necessarily mean buying land as some have always known. It simply refers to either buying a property that has either been developed or not. It can also involve renting out a property and getting back some returns. One can also invest in a real estate investment trust. That is where professionals are entrusted with the management of a property. They majorly do that by collecting rental fee on behalf of the investor then deduct their fee and pay the remaining amount to the investor.

Investing for dividends

This can be done by buying stock from a company and keeping them for some time. When the company makes profit, it shares part of its returns with the shareholders. Dividends provides steady source of cash flow and especially if a company increases the percentage of sharing

Saving in high interest accounts

Banks have accounts that yield interest over time.

What you have to do…

You only have to visit your bank and enquire more about their interest yielding accounts and start investing in such accounts. That will enable you to have a better retirement portfolio.

Starting a business

Owning a business is a very great investment idea that one should not leave out. Majority of the 10% people who control 90% of the money are involved in one or two businesses. A business can be either online or physical. Therefore, investing in a business for retirement is also a very recommendable option.

Therefore….

You should consider changing from saving for retirement to investing for retirement since it is the best option for an old age.

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6 Investment options you should consider before the end of 2020

A brighter tomorrow depends on the kind of investment you make today. This only begins by choosing the best investment plans. The better the plan, the higher the chances of huge returns since that’s one of the reasons for investing-to get returns.Therefore,before 2020 ends ,you should consider investing in any of the investments below.

Money Markets

These are high yield accounts when it comes to interest as compared to just a normal savings account.

Why invest in money markets?

It is a great investment option having in mind that the cash invested in them gains a higher interest at the end of the day.

2.Bonds issued by Government

The government at a particular stage runs low on funds and therefore it is compelled to borrow from the public. A high rate is always offered e.g10%.Therefore, as an investor or someone passionate about investing, and is stranded on which investment to make; it is worth considering this kind of investment since it will provide you with better cash flow.

3.Real estate

Majority of the millionaires either hold their wealth in real estate or develop their real estate. Choosing on one will be a better move considering that the prices in real estate industry appreciate from time to time and therefore it remains a very promising venture.

4.Saving in high interest accounts

Banks have accounts that yield interest over time.

What you have to do…

You only have to visit your bank and enquire more about their interest yielding accounts and start investing in such accounts.

5.Business

Owning a business in 2020 is a very great investment idea that one should not leave out. Majority of the 10% people who control 90% of money are involved in one or two businesses. A business can be either online or physical. Therefore if investing is one of your goals in 2020, then you should give business a chance.

6.Shares

Getting dividends from shares you own in accompany is really sweet. It is what is referred to as making money work for you instead of working for money. Similarly, you can trade in stocks and get good returns. However, for you to invest in shares you must first open a CDSc account with a stock broker. This can be a bank which you a have an account with or a firm specialized mainly in stocks.

Why you should not be left out…

As a passionate investor, the above investment options should not leave you behind. Although you cannot consider investing in everything but it is worth trying one of them.

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FIND OUT ABOUT THE 8 PROVEN ONLINE WRITING JOBS IN KENYA THAT PAY THROUGH MPESA.

With high rate of unemployment in place, many unemployed Kenyans have resorted to online writing .They do such jobs either through their smart phones, tablets or even laptops. Some treat such jobs as either full time or part time job and they really make a fortune. Mpesa payment is actually more convenient, first and reliable as compared to other forms of payments hence making it easier to transact after completing designated tasks.

Unfortunately, most of the sites and even clients who offer these jobs only pay through PayPal, skrill and other payment method hence disadvantaging many. It is as a result of this, that other sites in Kenya such as Kenya writers integrated online writing jobs that actually pay through Mpesa.

Some of those online writing jobs include:

E-BOOK WRITING

In this generation where everything is digital, most of the people prefer reading books online to reading the actual books physically. Most writers therefore, have taken this as an advantage and they actually get a good pay which mostly is done through mpesa by clients who are in demand of such books. Currently E-books in the Kenya sell at around Ksh50 per book.

RESEARCH WRITING

It basically entails doing a study on a specific topic and presenting it through writing to various clients who are mostly in need of them. The clients in Kenya mostly prefer to pay for them through mpesa.

BLOGGING

Currently creating content in a blog is one of the paying writing jobs in Kenya. One can either create a blog or even be a visitor in another person’s blog and create a desired content.

CONTENT RE-WRITING

Another online writing job that is seen by many writers to be easy and actually pays through Mpesa is content re-writing. Basically it does not require a writer to create a new content, instead it only requires one to re-write and existing content and also avoiding copy and paste.

ONLINE MARKETING/COPY WRITING

Most of the merchandisers in Kenya today have turned to the online way of doing business. This is through writing important descriptive information relating to their products so as to enable their customers do purchase and Pay through Mpesa.

GRAPHIC AND WEB DESIGN

People who have knowledge in designing have been so advantaged since majority of them have been hired by various companies as freelancers and designers. Some of those companies pay good money through Mpesa.

TRANSCRIPTION

This involves converting an audio into written information which is readable. Most transcribers in Kenya are paid per minute. Transcription services are also paid through Mpesa and many transcribers earn a living out of it.

ACADEMIC WRITING

It refers to creation of content mainly for scholarly purposes. It is mostly done for students and other academic institutions. The pay varies from client to client and it also pays handsomely.

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Stop wondering and read this-Effects of social media on you

Social media basically refers to websites and applications that allow people to share information and even interact with others freely. However, social media has got various impacts which can be termed as both advantageous and disadvantageous to its users.

Some of the advantages are as listed below

Reducing communication barriers: Through various social media platforms such as Facebook, watsapp, instagram and twitter, various barriers that existed in the past have been eradicated hence making communication easier.

Promoting businesses: through various platforms, many SMES and other bigger enterprises get a platform which is cost free that enables them to promote their businesses through advertisements and other promotional programs.

Educative platform: Social media also contains any kind of any useful and educative information that can enable one to acquire and even develop their existing knowledge.

Presence of the likes of Facebook and watsapp has also enabled bloggers and other online users to have a variety of platforms to choose from as a media of communication.

Social media has made the world continents to appear as one since people can easily communicate with friends and their relatives who live abroad without any difficulties. This has been made possible by the presence of sites such as watsapp, Facebook and the likes.

Social media also enables people to develop and acquire new skills which make them to carry out various operations faster and easier. As a result they become more creative and innovative.

Social media also creates platform that enables the marginalized in the society to fight for their rights and also air their feelings towards some issues in the society that maybe affecting them.

On the other hand social media has got a number of negative effects on its users:

First, it is addictive in nature as one cannot stay for long once they get used to social media platforms since they get used to the platforms and its applications.

It also leads to unhealthy sleeping patterns since its users stay awake up to very late into the night just to keep up with their friends and also to keep up with the current issues.

Social media also causes depression and anxiety among its users hence leading to increased cases of suicide and stress. This as a result has a very diverse effect on the human population and the society as a whole.

Social media also makes many people to share lots of information which at the end may pose as a security threat to their personal privacy. Such information may also result into cases of hacking and other cyber related crimes.

Social media also leads to sharing of information which may not be useful to a certain age group such as children.Such content may promote violence and other immoral behaviors in the society.

Therefore from the above, it gives a real insight into the impact social media has to both its users and non users.

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My opening Blog

Love your job not your company for you don’t know when your company is going to stop loving you.
~Reagan

How to save money on your car insurance

Almost every car owner understands how car insurance is essential. Knowing that another party covers your car makes you enjoy the peace of mind you deserve while on the road. However, it becomes a headache when you remember how much premiums you pay after an agreed period. The cost burden may become bigger on you to the extent of giving up on your car. Anyway, don’t be worried as there are better ways of overcoming that.

Let’s get started

Consider the below cost-cutting strategies for your car insurance.

Do proper research

After getting your favorite ride, don’t be in a hurry to insure it without doing adequate research on the prevailing premium rates. You can make it easy by requesting for quotes from different companies. According to Forbes, getting quotes will save you by a more significant percentage. From, there, you can decide on the one with that suit you.

Purchase a car that is within your financial ability

The common mistake many buyers make is purchasing cars which are expensive to maintain and insure. As a buyer, you shouldn’t fall for this trap. Always make a comparisonon how the insurance rates vary depending on the car models available in the market. Doing that will save you mainly on the insurance cost you will incur on the car you purchase.

Make use of available discounts

Before you proceed to pay for your car premiums, ask your insurance agent if there are any discounts for you. If there is any, then it will be a good opportunity for you to cut on insurance cost by utilizing them.

Final thought

The car insurance costs you incur are majorly dependent on you. You need to consider some of the above factors to ensure that you don’t go any extra on your spending.

FINANCIAL STEPS YOU CAN MAKE WHEN YOU GET FIRED TODAY

Five Financial Steps to Take Right Now to Protect Your Money

The topic is broad. It focusses on various things around employment currently. The common aspect is job loss. The majority have lost their jobs since the outbreak and before. Here is the discussion;

What happens financially when you lose your job

While to some, it may be a planned job loss or planned resignation, that may not be the case with everyone. Since the novel Covid-19 featured in the news headlines, job loss has surged beyond 3.29million approximately in the past few months. Many are still anticipated to lose their jobs in the coming days-what bad news!

Another reality is that there are few jobs in Los Angeles hiring now, making the inflation rate towards jobs to shoot-too many people chasing few jobs. Therefore, to survive during this period, you need to plan yourself financially by making the right financial steps.

Immediate financial steps to consider

Don’t allow yourself to fall into depression as a result of job loss. Therefore, first things first;

Have a look at your emergency account

Jobs in Los Angeles ca pay well. Therefore, during your days in the job, if you were financially literate, you must have taken an initiative to put some funds aside. Now, the time you realize you have no other source of income is the right time to have a look at how much you had saved to enable you to know how to plan

Minimize your spending

Knowing when and where to spend your money is essential. It will make you have a reason for every cent you spend. Remember, life may not be easy in the coming days. Therefore, be careful to use your dollars on essential commodities only e,g foodstuffs.

Evaluate your health insurance status

The key to achieving more and remaining active in whatever you do is good health. Therefore, when you lose your job, you should immediately make a move to check if you can get discounts.

You can also check if your insurance premiums were paid in full by your previous employer. Fortunately, jobs in Los Angeles ca do remittance often for their employees. However, it would be best if you still kept checking to ensure that it was done.

Request for a debt relief

Dont allow yourself to die just because of the outstanding debt you have. You can always talk out, especially to your financial lender. They always have a listening ear. They can extend for you the repayment period so that you plan yourself effectively.

Perhaps, you may be having outstanding debt at the time of job loss because most Los Angeles jobs ca make most employees eligible for loans.

Apply for a new job

In a way, it sounds non-financial. However, it has a financial impact. Getting a new job will increase your chances of reviving your financial status and making it alive once more. You should also bear in mind that there are jobs in Los Angeles hiring now, mainly if you belong to specific sectors like health care. Dont leave anything to chance.

Bottom line

Jobs in Los Angeles hiring now may be scarce. Therefore, having a keen review of your financial status matters. You never know when you are going to land another contract.

The rise of property Scams: Here is what to consider before you get into any property deal

“The streets are not safe anymore. Within a twinkling of an eye, you can lose millions of your hard-earned Cash in crafty Property deals. Be careful before you set your feet into any.”-Says Wainaina

Looking terrified and petrified, coupled with disappointment on the face, Wainaina narrated how what seemed to be a golden investment turned out to be a life time nightmare.

In what appeared to be the turning point of his life, Wainaina, not his real names, got optimistic about the deal presented to him by a well-groomed real estate mogul. It was a diamond investment from how the agent was explaining it. However, reality dawned on the now landless man, Wainaina, when he finished paying up for the piece of a plot that had always been part of his dream.

He could not reach the agent through the contacts provided nor see him physically. There was also no physical office he could go and express his unfortunate ordeal with the agent. That happened after he had paid a whole Ksh 2 Million for the virtual 50 by 100 plot-what a crafty business!!

From the above context, indeed, what appeared to be a golden investment scheme in the past century is no longer what it is today. It is now the 21^st Century with a new generation.

The fact that real estate has become illegitimate in terms of deals undertaken in it can only be attested to by those who have fallen victim like Wainaina.

To avoid being part of the above scenario, here is the fact file that you should always consider before getting into any property deal. It is not the century to trust your conscience alone.

What to Consider in Any Real Estate deal

Here are the things you need to do;

Establish contacts
further Enquiries
Proper Legal Know-How
Site Visits
Be careful with Fancy Adverts

Establish contacts

Before making any move, you should ascertain that the agent/broker you are dealing with is the right one. That may seem difficult since you may not know from the looks of the person. However, it can be possible if particular mechanisms are used. Below is an outline of a few of them;

You can take the identification card
You can ask for a referee
You can ask for the company’s physical location

By so doing, you will be sure that you are dealing with the right person or rather a company.

2Further Enquiries is key

Before deciding to splash out your money on any property, ensure that you seek further clarification from other people who may seem to know the seller well.

You can use local administrators as a point of reference. You can also ask those who have transacted with the seller in the past as well.

Doing so will not only guarantee you a legit deal but also assure you that your hard-earned Cash will not go in vain

3.Be in the Company of a Legal Professional

In whichever deal you delve in, always ensure that it is that which will not see you remain behind the bars. Conforming to the policies of the land is crucial in any matter you undertake.

Issues revolving around real estate deals require that you have your lawyer who can oversee all the transactions you do with the seller. Doing so will also make the seller know that consequences may be faced should the deal go sour.

4.Tour the physical Place

Even though the global trend is that things are getting done at a comfort zone aided by the easy to navigate online platforms, the purchase of a property should not be given the same treatment.

Buying other household items like furniture and electronics can be quickly done through the well-outlined ecommerce platforms; however, buying the house online is the biggest mistake you can ever commit.

Consequently, you should visit the physical location of the property and assess its authenticity physically. Also, you should consider checking if it’s worth the amount you are about to pay.

5.Be careful with Fancy Adverts

Every seller wants to stand out regarding how they craft their promotional messages. However, scammers have also mastered the art, and they are also using just the same phrases legit dealers use.

“Affordable, “Save 50%” are examples of common phrases used in running advertisements. The words are eye-catching and very fascinating. Although they may not necessarily mean what you think they are. They are meant to drag your attention into the deal and see how good it is. Therefore, you should be wise not to be drawn into shaggy deals at any given point.

The album of property scams is vast. To avoid being part of the episodes that keep rising day by day, you should keep in mind the above-highlighted factors.

PROPERTY SCAMS ARE REAL!!!

[Why am I not making it financially?]Do you ask yourself that question? Here are some tips on how to improve your financial status

Digital and mobile channels to be key service delivery platforms ...

Waking up from your bed in the morning and sleeping back on it at night may leave you wondering if you are really making any progress financially. A quick check through your fact file may enlighten you that you have stagnated.

Watching your friends whom you grew up together with achieving great success at your sight may make you conclude that you are cursed, doomed or just unlucky. However, have you ever asked yourself how you can change your situation to a better one? Have ever tried to do things differently? If you haven’t or you are just beginning, then this is the best article for you.

So what are the new things you need to do to welcome change into your life…?

Improving your financial status does not need any magic or talent. It only requires a few things like;

Prioritizing; there is nothing as painful as not knowing where your money went to just after you have spent it.What leads to that is how you treat financial plans and what you spend your money on. If you spend your money buying things you don’t need, at a given time you will have to sell what you needed the most and remain with what you didn’t. Financial planning is a key aspect that will enable you improve on your finances.

Grasping opportunities; some investment experts say that POOR is simply Passing Over Opportunities Repeatedly. To be sincere, it is the reality with financial life. If you pass over opportunities and demean them, then you are likely to lose a lot. Therefore to change, you need to take every financial opportunity that comes along and utilize it as if it is your last.

Surrounding yourself with the right people; Dan Pena a billionaire and a motivational speaker in his YouTube video says that ‘’Show me your friend and I will show you your future”. The people you interact with are a true reflection of how you spend your money. They are the potential influencers of your spending habits. Therefore, to change for the better you need to assess your circle and see whether it is the right one for you. If you realize it is not, which might be the case and reason for your financial sorrows, then change and find the right people to associate with.

Keep learning and practicing new skills daily; there is nothing as goods as having a skill that you can rely on. Do you know that your skill can always pay you? If you didn’t, then you know now. Skills such as copy writing, Youtubing and the allied pay handsomely but only when practiced. They also requires that you be consistent for you to earn. That way, you will change your financial story significantly.

Trace your financial history and learn from it; they say that the best teacher is your past experience. When you start reviewing how you spent your money in the past, you will learn from your mistakes and correct them for the future.

Eliminate blame game from your life; when you complain too much about things or people for your stagnancy, your chances of succeeding gets minimized. With regards to that, to have a new beginning, you need to accept every failure and treat it as your stepping stone to the next level. That is the best way to improving yourself.

Get financial advice from a professional; pretending to know it all yet you don’t will not only make you lose a lot but also be stagnant in growth. To succeed financially, you need to get pieces of advice from people who are expert at what you don’t know. Investing on financial literacy is the only backbone to financial success.

By following the above, you can be guaranteed that you will improve day by day gradually. Success is a gradual process and not a short cut as many have always wanted it to be. Those who try to achieve success through shortcuts end up failing terribly. Information is a tool that when used well can create massive wealth and also massive poverty if misused. Therefore take this information and utilize it for the good of you. Your life and story will change. It only takes your mindset.

10 THINGS YOU NEED TO KNOW ABOUT TUSKYS IMANI

Imani Mall Nakuru | Shopping in Nakuru | Twenzetu

It’s one of the best branches of Tuskys Supermarket which is the leading retail outlet in Kenya. It is situated along Nakuru-Eldoret highway, at Ack mall which is slightly in the outskirt of Nakuru CBD.It commenced its operations as a branch in 2016 and has over the years been delivering excellent services to its wide range of customers.Although many believe that they know about the branch, there are still many things that they might be unaware of.

Top facts about Imani Branch…

It is the home of hearty services. Every staff at Imani believes in serving the customers whole heartedly since customers are the key backbone to the business. The branch brands itself as the home of hearty services due to the positive feedback it gets from its loyal customers from time to time.
Customer centricity is highly valued. It for this reason that the branch always strive to meet and exceed customer expectations. It does so by being consistent with supplies and also efficiency in service.
Strongly believes in God-at the beginning and after every shift, all the staff irrespective of the obligations at hand, always present themselves before the almighty father since he is the provider, protector and guider. The Business environment comes with a lot of challenges hence compelling everyone to present the challenges to God first before anything else.
Highly secure-when doing shopping at Imani or when carrying out daily routines as staff, the level of safety is always at the top and no worries can cross anyone’s mind. The prevailing atmosphere is always secure and welcoming.
Highly competent staff which is led by an able Manager, Mr. Davis Rono who always lead by example. He has always demonstrated how exemplary results can be achieved .The team understands what it does and strongly believes in the spirit of teamwork, hard work and self-drive. Everyone enjoys working under minimum supervision hence enabling the supervisor and manager to concentrate on other key responsibilities.
Respect for time is the key driver to any success in an organization. At Imani, everyone understands and respects the philosophy of time. Every opportunity and time is always utilized fully to produce the best when it comes to customer service.
Imani branch is the best in Nakuru county and its environs. It boasts of excellent customer service and this over the years has always given it a great competitive advantage. Efficiency and effectiveness in service delivery is essential to everyone.
Of all the retail outlets in Nakuru, Tuskys Imani is the only branch which enjoys great ample parking space. Its highly esteemed customers have always found it easier to drive to Imani and have their automobiles freely parked.
Besides being the best, it still strives to remain the most successful retail service provider in the region by aiming at providing feasible solutions to its customers from time to time. All its efforts are always enacted towards promoting healthy living, integrity and respect for all.
It has always provided the best environment for both career and self-development. This has always made the whole team to be fulfilled and motivated towards achieving excellence.

In conclusion,

Tuskys Imani believes that it will always remain the best in terms of service delivery, respect for all and enhancing healthy living. It believes in the spirit of positivity and positivity remains part of its culture.Tuskys Imani-The Home of hearty services.

REVEALED! THE FINANCIAL MISTAKES PEOPLE MAKE IN THEIR TWENTIES

The most exciting stage of life is the twenties. It’s the stage where one begins to explore and enjoy the freedom of making independent decisions. Such decisions include financial decisions that cut across budgeting to spend. In the process, it’s possible to make mistakes relating to money. The mistakes majorly arise due to inadequate knowledge. The below overview shows some of the financial mistakes at this stage of life

The mistakes

Spending much on entertainment

Youths confuse spending money and being happy. Many believe that they are most likely to be happy when they spend money on things that make them happy. This becomes a habit hence hindering their financial growth.

Falling in the credit card trap

In the process of trying to make it, many fall into credit card debt which in the end becomes a financial burden. Credit cards are good but using them in the twenties should be minimized. Having too many credit cards at a time is also not advisable since they are costly.

Striving to look rich instead of striving to be rich

Youths in their twenties love shiny objects, fancy shoes, latest gadgets and nice residence. As a result, they tend to spend a lot trying to acquire some of the pieces of stuff that make them appear rich. They fail to understand that all the fancy and shiny stuff leads to financial loss at the end. The feeling that nice life in their twenties is inevitable ends up misleading hem.

No long term financial goals

The best dreams are those which are long term i.e. ten years, fifteen years ecetra. Youths at this age think about their present and not the future thus ending up with short term financial goals. A feeling that today holds better things than the future makes those at this stage miss to plan for future opportunities thus running into poverty when they are in their 40’s.

Failing to save

Ignoring to put some money aside for emergencies and investments is a common norm among the youths since they see every coin as little. They don’t have the compounding spirit and also the spirit of putting aside every penny they get for the future.

No investment

A bigger percentage of those at the age of 20 believe that investments are left for those in retirement and those in their 40’s. They also believe that the money they get is inadequate hence cannot allow them to invest. Lack of compounding spirit makes the majority of the youths to spend every penny they get.

High student loans. Since those at the age of 20 are majorly students, the likelihood of them getting into debt is high. Student loans are deducted in one’s income based on the agreed terms hence negatively impacting the gross income after undergoing several series of taxations. Therefore as a student, it’s better to minimize borrowing and only borrow what is needed.

Carelessness

Failing to take care of various items in their possession may lead to loss or damages. Doing frequent repairs for the same also leads to financial loss thus a lot is incurred in the process. The majority of the youths at this stage majorly forget about the idea of being careful with their property.

Dreams without actions. They say that dreams without actions are nothing but just dreams. At the age of 20, people tend to dream big and envision themselves living a nice life. A major mistake that they do is the urge to be rich quickly hence losing all along the way.

As a youth, therefore, it’s prudent to be knowledgeable about the kind of decisions you make and also the kind of financial actions you take. Failing to do so may only lead to financial regrets at an old age. The beauty of anyone’s future depends on the foundation created for it in the early stages of life. Time is always clocking too fast hence does not wait for anyone.