Food and drink marketing uses a variety of marketing channels to reach its target audience. These include advertising, social media, email marketing, search engine optimization (SEO), content marketing, events, and influencer programs.
Marketing channels can be categorized into paid versus unpaid activities: Advertising includes print advertisements in newspapers or magazines; radio and television commercials; billboards or digital signage; product placements in movies or TV shows; banner ads on websites; e-mails promoting products or services.
Google Analytics is the best friend of all Digital Marketers as it dictates the decision making and success of every websites.
What can Sisense software do?
1. Sisense Fusion. EmbedInfuse white-labeled analytic experiences into customer applications and workflows. AnalyticsEnable teams to customize how and where they access analyzed data.
2. Feature. Extense FrameworkCreate analytics driven experiences in applications you work with on a daily basis.
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There will be opportunities. Go find one.
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How to eliminate costs in supply chain
Here are some strategies to help you eliminate costs in the supply chain:
1. Supplier Negotiation and Collaboration: Negotiate favorable terms with suppliers, including discounts for bulk purchases. Collaborate with key suppliers to identify cost-saving opportunities and process improvements.
2. Supplier Consolidation: Reduce the number of suppliers where possible to benefit from economies of scale. Build strong, long-term relationships with key suppliers to negotiate better terms.
3. Inventory Management: Implement just-in-time inventory practices to minimize holding costs. Use demand forecasting to optimize inventory levels and reduce the risk of overstocking.
4. Transportation Optimization: Optimize shipping routes and transportation modes to minimize costs. Consolidate shipments to take advantage of full truckloads and reduce shipping expenses.
5. Warehouse Efficiency: Use technology, such as warehouse management systems, to optimize inventory control and order picking.
6. Technology Integration: Invest in supply chain technology, such as RFID, IoT, and automation, to improve visibility and efficiency. Use advanced analytics to identify areas for improvement and cost reduction.
7. Risk Management: Identify and assess potential risks in the supply chain, such as disruptions or bottlenecks. Develop contingency plans to mitigate risks and minimize the impact on costs.
8. Order Fulfillment Optimization: Streamline order processing and fulfillment processes to reduce lead times. Implement efficient order picking and packing strategies to minimize labor costs.
9. Reverse Logistics: Optimize the handling of returns and product recalls to minimize associated costs. Explore opportunities to refurbish or resell returned products.
10. Collaboration with Logistics Partners: Collaborate with logistics partners to share transportation and distribution costs. Explore partnerships with third-party logistics providers to benefit from their expertise and resources.
11. Sustainability Initiatives: Implement sustainable practices in the supply chain to reduce waste and energy consumption. Explore eco-friendly packaging options to minimize environmental impact and costs.
12. Continuous Improvement: Establish a culture of continuous improvement within the organization. Regularly review and assess supply chain processes to identify and implement cost-saving initiatives.
13. Training and Development: Invest in training programs to enhance the skills of supply chain staff. Ensure that employees are knowledgeable about cost-saving measures and best practices.
14. Regulatory Compliance: Stay informed about regulations affecting the supply chain to avoid penalties and disruptions. Develop strategies to comply with regulations in a cost-effective manner.
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Internet Of Things IN REAL ESTATE:
Internet of Things (IoT) smart devices can do more than just monitor the physical environment of a building; they can also help monitor activity and protect from unauthorized usage. For example, IoT sensors are used in various systems within buildings to track water pressure and electricity usage. You’ll know if something needs maintenance if any of the indicators are off the charts. In the coming years, IoT devices will also become increasingly intertwined with other aspects of real estate management. For example, this real estate technology can be used to:
1. Help regulate heating and cooling systems to save energy and reduce costs for property owners;
2. Connect with smart locks, so you can control access remotely or based on specific conditions;
3. Enable agents to provide a more personalized and seamless experience;
4. Monitor customer activity on the property so that agents can respond to any inquiries quickly and efficiently;
5. Send automated notifications about maintenance issues or late payments.
All in all, IoT devices are set to revolutionize the real estate market in the coming years. By leveraging this powerful technology, real estate agents can provide a more tailored and efficient service to their clients. This could potentially increase customer satisfaction and loyalty.
Example
CBRE uses IoT sensors—they collect data about building performance, like energy usage—to improve building management and optimize operations. In one case, using such sensors allowed the service to identify HVAC system issues and cut energy costs by 20%. CBRE is also helping Shell reach its goal of reducing 20% greenhouse gas emissions by 2035, thanks to IoT.
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GIF showing the concept of holding the cloud (computing cloud) in the palm of your hands, for use in a cybersecurity article about cloud computing security.
The primary reason people invest in a business is to make money. Return on investment is a measurement of efficiency in converting your business investment into profit. Therefore, it is vital to projecting whether a business venture is worthwhile and what adjustments to make once a company is active.
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What are the steps of project analysis?
1. Define the project scope: Clearly define the objectives, deliverables, and boundaries of the project. This step helps to establish a clear understanding of what the project aims to achieve.
2. Conduct a feasibility study: Assess the technical, economic, legal, operational, and scheduling feasibility of the project. This step helps to determine if the project is viable and if it aligns with the organization's goals and resources.
3. Gather requirements: Identify the specific needs and expectations of the stakeholders. This involves conducting interviews, workshops, and surveys to gather information about the project requirements.
4. Analyze requirements: Analyze and prioritize the gathered requirements to determine their impact on the project. This step helps to identify potential risks, dependencies, and constraints.
5. Develop a project plan: Create a comprehensive project plan that outlines the project's objectives, timeline, resources, and budget. This plan serves as a roadmap for the project implementation.
6. Identify risks: Identify and evaluate potential risks that may hinder the successful completion of the project. This step involves analyzing both internal and external factors that may impact the project.
7. Perform cost-benefit analysis: Assess the potential costs and benefits of the project to determine its financial viability. This analysis helps stakeholders make informed decisions about the project.
8. Evaluate alternatives: Evaluate different options and approaches to the project to identify the most suitable solution. This step involves comparing the advantages and disadvantages of each alternative.
9. Create a project schedule: Develop a detailed project schedule that outlines the tasks, milestones, and dependencies. This schedule helps to allocate resources and manage the project timeline.
10. Present the analysis: Present the project analysis findings and recommendations to stakeholders. This step involves clearly communicating the project's objectives, benefits, risks, and constraints.
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Emotional intelligence in project management Emotional intelligence (EI) plays a crucial role in project management, perhaps even more so than technical skills in many cases.
Effective Communication: Project management involves constant communication with team members, stakeholders, and clients. High EI enables project managers to communicate effectively, listen actively, and convey their messages clearly, which helps in resolving conflicts, managing expectations, and building rapport.
Conflict Resolution: Conflicts are inevitable in projects due to differing opinions, priorities, and objectives. Emotionally intelligent project managers can navigate conflicts constructively by understanding the underlying emotions, managing their own emotions, and empathizing with the perspectives of others. This leads to quicker resolution and maintains positive relationships within the team.
Team Building: Building and leading a successful project team requires more than just technical skills. EI allows project managers to create a positive work environment, foster trust among team members, and motivate them to perform at their best.
Adaptability and Resilience: Projects often face unexpected challenges, setbacks, and changes. Emotionally intelligent project managers are adaptable and resilient, able to manage stress, stay calm under pressure, and quickly pivot when necessary.
Stakeholder Management: Project success depends not only on meeting technical requirements but also on satisfying the needs and expectations of various stakeholders. EI enables project managers to understand stakeholders' perspectives, anticipate their concerns, and manage relationships effectively, ultimately leading to greater stakeholder satisfaction and support
Decision Making: Emotionally intelligent project managers are adept at making decisions that balance rational analysis with empathy and intuition. They consider the impact on all stakeholders, weigh alternatives objectively, and are not swayed by personal biases or emotions, resulting in better decisions for the project.
Influence and Leadership: Leadership is a fundamental aspect of project management, and EI is closely tied to effective leadership. Emotionally intelligent leaders inspire and influence others through their authenticity, empathy, and ability to connect on a human level, rallying the team around a common vision and purpose. In essence, emotional intelligence is the foundation upon which successful project management is built. While technical skills and knowledge are essential, it's the ability to understand and manage emotions, both within oneself and in others, that truly sets exceptional project managers apart.
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Learn Power BI Advance- Abstract Thesis Part 54: Concatenate Label off
PMO "Project Management Office" | Honor’s degree BSc Mech. Eng. | CPEng, CPMOP, CKPIP, PCBA, TOT, CT, SCE, ABET, GSDC, ULI، NSPE, ICSC
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