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Watch out, Dr. Pepper: Mr. Pibb is in the house. After almost 25 years, Coca-Cola announced in late October that it’s bringing back Mr. Pibb, its spicy cherry soda that first launched in 1972. If you were born after the turn of the century, chances are you may have never seen a can of Mr. Pibb. That’s because, in 2001, Coca-Cola renamed and rebranded the drink to Pibb Xtra, and it’s remained largely untouched since then. Now, Coca-Cola is giving Mr. Pibb another chance. The company is reformulating the beverage, adding extra caffeine, and giving the entire brand a makeover. Its new branding is a combination of burgundy, red, and black, complete with an eye-catching gold exclamation point and a few subtle callbacks to Mr. Pibb’s ’90s look. Mr. Pibb will fully replace Pibb Xtra across the U.S. by 2026, according to A.P. Chaney, Coca-Cola’s head of creative for sparkling flavors. Mr. Pibb’s big return is Coca-Cola’s bid to cash in on the spicy cherry beverage category, which Chaney says is now the third-largest sparkling soft drink sector. With its added caffeine content, Mr. Pibb is also playing into the current interest in functional beverages—and the brand itself is adding a distinctly bold new voice to Coca-Cola’s portfolio. A new, highly caffeinated contender enters the chat Growing up in the ‘90s, Chaney remembers watching Mr. Pibb commercials on TV. Now that the spicy cherry segment is trending up, she says, “it felt like the perfect time” to introduce a new generation to the soda millenials and Gen Xers remember from yesteryear. But the flavor profile isn’t quite the same as what it once was, either. Mr. Pibb’s new formulation is a “bolder version of what Pibb Xtra was,” according to Chaney. The drink—which will come in both regular and zero sugar iterations—is an intense cherry flavor layered with notes of caramel. The real change to the drink’s composition is its added caffeine: Mr. Pibb will come with 30% more caffeine than Pibb Xtra, at 54 milligrams of caffeine per serving (about the same as a cup of coffee). It’s a move that reflects the fact that “functional” has become something of a buzzword in the beverage industry, wherein add-ins like prebiotics, adaptogens, and caffeine serve as added selling points for bringing a certain beverage into a customer’s daily routine. “The caffeine is going to be a differentiator, specifically in this spicy cherry segment,” Chaney says. Coca-Cola spices up Mr. Pibbs The brand’s new look and voice are intended to call back to Mr. Pibb’s original identity, while also bringing new soda drinkers into the fold. Mr. Pibb’s chunky, bold font is a reference to its ‘90s eras cans. Its burgundy, cherry red, and black color palette is also pulled from the brand’s original packaging. But one of the most striking elements of the can design is entirely new: a bright gold exclamation point in place of the “i” in “Pibb,” which Chaney explains is specifically engineered to grab shoppers’ attention in stores. “We were really trying to cue what makes sense: Like, is it a formal Mr. Pibb or is it just Mr. Pibb, the homie? There were all these different personas we were trying to figure out,” Chaney says. “That comes through in the font—Mr. Pibb feels more accommodating and amicable in terms of the logo, but then you have the jagged edges that make it rebellious and bold, so you’re kind of bringing in these two different personalities.” Mr. Pibb is a brand that’s not afraid to mess around and crack a few jokes—and that’s how fans can expect it to show up going forward. “Coca-Cola is for everyone, as it should be, and it’s about uplift and it’s a beautiful and historic brand,” Chaney says. “Mr. Pibb is a challenger, and it’s an up-and-comer. We have more room to play in terms of how we show up and where we show up. We can make mistakes in ways that other brands can’t outside of Coca-Cola.” Plenty of brands are actually playing into some level of marketing brashness lately, in a trend that Fast Company has previously termed “DGAF branding.” In an era when platforms like Instagram Reels and TikTok are both shortening our attention spans and informing our collective senses of humor, it makes sense for brands like Nutter Butter, Duolingo, and Sour Patch Kids to take a few risks with their positioning. It’s rarer to see a major legacy brand like Coca-Cola play into these internet-informed trends—and, to be clear, Mr. Pibb’s marketing is fairly tame compared to the aforementioned examples. Still, the Mr. Pibbs rebrand is clearly tapping into the zeitgeist by embracing a more unexpected sense of humor. That spicy brand personality shines in a series of new ads for the soda. The team turned to old Mr. Pibb ads—which had a bold tone and often included the slogan, “Mr. Pibb: Put it in your head”—for inspiration. Chaney says that while most soda ads today focus solely on getting viewers to “fall in love with the liquid,” Coca-Cola wanted Mr. Pibb to have a bit more personality. She describes the spots’ tone as “like if Reese’s and Arby’s had a baby.” In one spot with more than five million views on YouTube, narrated by actor Roy Wood, shots of Mr. Pibb are accompanied with the voiceover, “Most sodas call it at a reasonable hour. That’s when Mr. Pibb is just getting started. When Mr. Pibb texts, ‘U up?’ it’s not a question—it’s a promise.” Mr. Pibb, apparently, is a soda brand that’s not afraid to send a casual booty call. View the full article

Three paintings from famously chill public television legend Bob Ross sold Tuesday for more than $600,000 at auction. The paintings were the first of 30 Ross works being sold to benefit public TV stations hurt by cuts in federal funding. At the live auction at Bonhams in Los Angeles, a serene, snow vista called “Winter’s Peace” that Ross painted entirely during a 1993 episode of “The Joy of Painting” went for $318,000 to a bidder on the phone. “For a good cause — and you get the painting,” auctioneer Aaron Bastian said during the bidding. He invoked a common sentiment of Ross, who died in 1995, during a brief lull. “Bob would remind you that this is your world, and you can do anything you want.” Another painting done on a 1993 episode, a lush, green landscape called “Home in the Valley,” went for $229,100. A third, “Cliffside,” sold for $114,800. The final prices include a charge for the auction house added to the final bid known as the buyer’s premium. The identities of the buyers weren’t immediately revealed. Bids for all three paintings went well past pre-auction estimates of their value, which topped out around $50,000. Three more Ross paintings will be up for auction at Bonhams in Marlborough, Massachusetts, on Jan. 27, with others to follow in New York and London. All profits are pledged to stations that use content from distributor American Public Television. Ross, a public television staple in the 1980s and ’90s, was known for his dome of hair and warm demeanor. The special sales seek to help stations in need of licensing fees that allow them to show popular programs that along with Ross’ show include “America’s Test Kitchen,” “Julia Child’s French Chef Classics,” and “This Old House.” Small and rural stations are particularly challenged. The stations “have been the gateway for generations of viewers to discover not just Bob’s gentle teaching, but the transformative power of the arts,” Joan Kowalski, president of Bob Ross Inc., said in a statement. As sought by the The President Administration, Congress has eliminated $1.1 billion allocated to public broadcasting, leaving about 330 PBS and 246 NPR stations. Ross died at age 52 of complications from cancer after 11 years in production with the therapeutic how-to show, “The Joy of Painting.” The former Air Force drill sergeant was a sort of pioneer, known for his calm — and calming — manner and encouraging words. Ross spoke often as he worked on air about painting happy little clouds and trees, and making no mistakes, only “happy accidents.” He has only became more popular in the decades since his death, and his shows saw a surge in popularity during the lockdowns of the COVID-19 pandemic. —Andrew Dalton, AP Entertainment Writer View the full article

When you’re looking to stock up on wholesale craft supplies, knowing the right places to shop can make a significant difference. Stores like Michaels Pro and American Crafts offer extensive selections that cater to various crafting needs. If you prefer flexibility with no minimum orders, Gifts Intl might be the right choice for you. Each of these retailers has unique strengths, making it crucial to explore your options. Let’s look at the top stores that can meet your crafting demands effectively. Key Takeaways Michaels Pro enables bulk orders without a wholesale account, providing same-day shipping on a wide range of crafting supplies. American Crafts requires a minimum order of $1500, offering high-quality paper products perfect for scrapbooking and card making. Gifts Intl offers a minimum order of $500 with a 10% discount, featuring a variety of gift packaging and seasonal items. Cousin DIY provides a diverse selection of crafting accessories with a low minimum order of $25 for free shipping on retail accounts. Notions Marketing offers no minimum order requirements, ensuring easy access to a broad range of DIY supplies and seasonal items. Michaels Pro: Crafting Supplies for Small Businesses Michaels Pro offers a robust solution for small businesses seeking wholesale crafting supplies without the hassle of a wholesale account. This platform stands out as a best place to buy wholesale craft supplies, especially for those looking to make market wholesale. You can easily order bulk supplies like tumblers, keychains, and seasonal décor, ensuring you have everything you need for your projects. Michaels Pro additionally provides access to wholesale flowers and crafts, catering to both beginners and seasoned crafters. If you place your order by 2 PM EST, it ships the same day from their Ohio warehouse, guaranteeing prompt delivery. This service supports small business owners by facilitating easy ordering and shifting from competitors like Darice seamlessly. American Crafts: Bright and Bold Paper Products In relation to lively and eye-catching paper products, American Crafts stands out as a leading wholesale supplier. Known for bright, bold designs, they offer a diverse selection that caters to various crafting needs, including scrapbooking and card making. With a minimum order requirement of $1500, you can access unique designs that will improve your projects. Their reputation in the crafting community guarantees you’ll receive high-quality materials. Below is a summary of their offerings: Product Type Key Features Scrapbooking Paper Bright colors, various themes Card Stock Durable, ideal for card making Specialty Paper Textured and patterned options Decorative Kits Coordinated designs for projects Seasonal Collections Festive themes for all occasions Explore American Crafts for your wholesale crafting needs. Paper Source: Quality Cards and Stock for Wholesale If you’re considering Paper Source for your wholesale needs, you’ll need to start by submitting a wholesale application. This process grants you access to their extensive inventory of high-quality cards and stock, along with unique designs perfect for various crafting projects. Keep in mind that minimum order requirements and pricing details will be provided once your application is approved, ensuring you have all the necessary information to plan your purchases effectively. Application Process Explained To become a wholesale customer at Paper Source, you need to complete an application process designed to secure that only qualified retailers gain access to their quality cards and stock. This process involves providing crucial business details, such as your store’s name, address, and sales tax ID. After submission, Paper Source may conduct a review period to confirm your business meets their criteria. Once approved, you’ll benefit from exclusive pricing and customized product offerings, enhancing your retail experience. Access to a diverse range of high-quality paper products ideal for crafting and gifting awaits you. Be prepared to meet any minimum order quantities that may be applicable based on the specific products you choose to purchase. Minimum Order Requirements When considering a wholesale account with Paper Source, it’s important to understand the minimum order requirements that apply to accessing their quality cards and stock. To qualify for wholesale pricing, you must meet specific criteria, including: Application Submission: Complete the necessary application to establish your wholesale account. Minimum Purchase: There’s a required minimum order amount, so plan your purchases accordingly. Exclusive Access: Wholesale customers gain access to unique card designs not available to regular consumers. Pricing Structures: Leveraging your wholesale account can improve profit margins for your business. Gifts Intl: Gift Packaging and Party Supplies Gifts Intl stands out as a reliable source for gift packaging and party supplies, catering to both small business owners and individual crafters. They offer a diverse range of products, ensuring you can find everything from elegant gift wraps to lively party decorations. With a minimum order of $500, you can access bulk purchasing options that provide significant savings. Furthermore, Gifts Intl often provides a 10% discount on orders, making it easier to stock up on supplies without breaking the bank. Their wide selection of seasonal items and home decor aligns perfectly with various event themes, allowing you to create memorable celebrations. Notably, you don’t need a wholesale account to purchase, simplifying access to their extensive inventory. Cousin DIY: Accessories for Crafting Enthusiasts Cousin DIY serves as a go-to resource for crafting enthusiasts, offering a broad selection of accessories customized to various DIY projects. With a minimum order of $25 for free shipping, you can easily stock up on necessities. Their products include: Premium Non-Toxic Silicone Beads – Available in lively colors, perfect for keychains and jewelry. Resin Crafting Materials – Ideal for creating unique pieces with a professional finish. DTF Transfer Products – Great for custom apparel and fabric designs. Unique Patterns and Shapes – These inspire creativity and allow you to personalize your projects. Cousin DIY likewise welcomes retail accounts, ensuring quality service through a review by their Sales Team. This commitment improves your crafting experience. Notions Marketing: Diverse Craft Inventory Notions Marketing offers a wide range of craft supplies, making it easy for you to find exactly what you need for various projects. With a simple login request to access their inventory, you can quickly navigate their offerings without any minimum order requirements. This flexibility, combined with competitive pricing options, guarantees that both small business owners and individual crafters can easily stock up on high-quality materials. Wide Range of Supplies In relation to sourcing craft supplies, a diverse inventory can greatly boost your creative projects and business offerings. Notions Marketing stands out for its extensive range of products, ensuring you have everything you need. Here are some key categories they offer: DIY Supplies – From adhesives to embellishments, you’ll find crucial materials for all your projects. Home Goods – Discover decor items that can improve your living spaces or serve as inspiration for your crafts. Seasonal Items – Stock up on supplies for holidays and special occasions, ensuring timely project completion. High-Quality Materials – Cater to both beginners and experienced crafters, all during a commitment to quality. With no minimum order required, accessing their inventory is easy for small businesses. Easy Order Process Crafting a seamless ordering experience is essential for small business owners and crafters who want to access a wide range of supplies without hassle. Notions Marketing prioritizes a customer-centric service model, ensuring an easy process for you to explore their diverse inventory. To get started, simply submit a login request, which helps maintain a secure ordering environment. With a minimum opening order of $250, you can easily access a selection suitable for both small and larger-scale projects. Orders are customizable, allowing you to tailor purchases to your specific crafting needs. Plus, their focus on customer service means you can readily find support and answers to inquiries, enhancing your overall experience as you navigate their offerings. Competitive Pricing Options When you’re looking for wholesale craft supplies, competitive pricing is a crucial factor that can greatly impact your bottom line. Notions Marketing excels in offering a customer-centric service with a diverse inventory, perfect for small businesses and independent crafters. Here are some key benefits of their competitive pricing options: Wide Variety: They provide a broad selection of crafting materials, catering to various needs. Minimum Order Requirement: You’ll need a minimum opening order of $250 to access their inventory. Reliable Stock: Notions Marketing guarantees that vital supplies are consistently available, helping you maintain adequate inventory levels. Affordability: Their pricing structure is designed to support your business growth without sacrificing quality. Utilizing these options can effectively improve your sourcing strategy. CraftOutlet.com: Affordable Deco Mesh and More For those looking to stock up on affordable deco mesh and other crafting supplies, CraftOutlet.com stands out with its extensive selection and budget-friendly pricing. You’ll find a variety of deco mesh options, including poly jute and burlap, starting at just $3.95 for 10-yard rolls. The site offers numerous colors and styles, perfect for your seasonal crafts and décor projects. In addition, CraftOutlet.com frequently features sales on select items, making it easy to save on popular supplies like the 10 Poly Deco Mesh in Black for that same price. Supporting small business owners, they provide bulk purchasing options without needing a wholesale account, as well as offering floral bushes, ribbons, and accent signs—making it a convenient one-stop shop for all your crafting needs. Darice Alternatives: Finding the Best Wholesale Options When you’re seeking alternatives to Darice, it’s important to explore new vendors that can meet your crafting needs. For instance, Michaels Pro offers bulk orders without requiring a wholesale account, whereas Horizon Group USA provides a vast selection of supplies, sometimes without minimums. Evaluating pricing structures from places like Factory Direct Craft and Save-On-Crafts can help you find the best deals for your business. Explore New Vendors Exploring new vendors for wholesale craft supplies can greatly expand your options and improve your inventory management. Here are some alternatives to evaluate: Michaels Pro: This option allows bulk orders without needing a wholesale account, perfect for small business owners. Horizon Group USA: They welcome retail accounts and review new retailer requests, offering a range of craft supplies with no minimum order. Cousin DIY: With a low minimum order of $25 for free shipping, this vendor is convenient for crafters looking for accessories. Save-On-Crafts: This budget-friendly option doesn’t require a wholesale account and offers free shipping on orders over $79, ensuring affordability for small businesses. Evaluate Pricing Structures Evaluating pricing structures is essential for finding the best wholesale options to replace Darice, as it helps you identify the most cost-effective vendors for your craft supply needs. For instance, Michaels offers bulk orders without requiring a wholesale account, ideal for small business owners. Conversely, American Crafts has a $1500 minimum for wholesale, whereas Paper Source and Gifts Intl set theirs at $500 and $250, respectively. Horizon Group USA allows retail accounts with no minimum, though new requests undergo review. Cousin DIY provides a low $25 minimum for free shipping on accessories, and Save-On-Crafts doesn’t require a wholesale account, offering free shipping on orders over $79, making it flexible for smaller purchases. Jewelry Making Supplies: Essential Tools and Materials Jewelry making requires a variety of significant tools and materials to transform creative ideas into tangible pieces. To get started, here are four indispensable items you need: Beads and Findings: Sourcing high-quality beads is critical. Cousin DIY offers cost-effective options with a minimum order for free shipping. Tools: Pliers, cutters, and other tools are necessary for assembly. CB Flowers & Crafts provides a great selection, but requires a wholesale account. Wire and Stringing Materials: These are fundamental for creating your designs. Horizon Group USA has a diverse inventory available for retail accounts. Storage Solutions: Keeping your materials organized is indispensable. Notions Marketing stocks various storage options, catering to hobbyists and small businesses alike. Resin & Epoxy Crafting: Supplies for Unique Projects Resin crafting offers endless possibilities for creating unique projects, from custom jewelry to decorative home accents. To get started, invest in premium resin supplies like high-quality silicone molds and lively pigments, which guarantee smooth, bubble-free pours. Whether you’re a beginner or an experienced crafter, these materials are suitable for all skill levels, allowing you to craft stunning décor pieces and personalized accessories. You’ll find various resin types, including UV resin, customized to meet diverse project needs. Key tools help you achieve professional results, enabling intricate designs and finishes. Furthermore, many suppliers offer extensive resources, including tutorials and project ideas, to inspire and guide you through your resin and epoxy crafting adventure. Frequently Asked Questions What Is the Most Popular Craft Store? When considering the most popular craft store, Michaels often comes to mind because of its extensive selection of art supplies and DIY materials. Hobby Lobby is another major contender, known for its seasonal decorations and frequent sales. Joann Fabrics & Crafts specializes in fabric and sewing supplies, attracting both hobbyists and professionals. Furthermore, online platforms like Etsy and Amazon have become significant players, offering unique and handmade items from various sellers, catering to diverse crafting needs. Are Craft Supply Stores Profitable? Yes, craft supply stores can be quite profitable. Many small businesses achieve gross margins between 30-50%, particularly when they sell unique items. The growing DIY trend has boosted the craft industry, projected to reach $44 billion by 2024. By purchasing supplies wholesale, you can lower costs, allowing competitive pricing. Furthermore, offering workshops or classes can improve customer loyalty, driving more foot traffic and increasing overall sales potential for your store. Conclusion In summary, exploring these top 10 stores for wholesale craft supplies can greatly improve your crafting experience. With options like Michaels Pro and American Crafts offering quality products, and retailers such as Gifts Intl and Cousin DIY catering to smaller orders, you can find the right supplies for any project. Furthermore, CraftOutlet.com and specialized jewelry making supplies provide competitive pricing and unique items. By utilizing these resources, you’ll be well-equipped to meet your crafting needs efficiently and affordably. Image via Google Gemini This article, "Best Places to Buy Wholesale Craft Supplies: Top 10 Stores You Need to Know" was first published on Small Business Trends View the full article

When you’re looking to stock up on wholesale craft supplies, knowing the right places to shop can make a significant difference. Stores like Michaels Pro and American Crafts offer extensive selections that cater to various crafting needs. If you prefer flexibility with no minimum orders, Gifts Intl might be the right choice for you. Each of these retailers has unique strengths, making it crucial to explore your options. Let’s look at the top stores that can meet your crafting demands effectively. Key Takeaways Michaels Pro enables bulk orders without a wholesale account, providing same-day shipping on a wide range of crafting supplies. American Crafts requires a minimum order of $1500, offering high-quality paper products perfect for scrapbooking and card making. Gifts Intl offers a minimum order of $500 with a 10% discount, featuring a variety of gift packaging and seasonal items. Cousin DIY provides a diverse selection of crafting accessories with a low minimum order of $25 for free shipping on retail accounts. Notions Marketing offers no minimum order requirements, ensuring easy access to a broad range of DIY supplies and seasonal items. Michaels Pro: Crafting Supplies for Small Businesses Michaels Pro offers a robust solution for small businesses seeking wholesale crafting supplies without the hassle of a wholesale account. This platform stands out as a best place to buy wholesale craft supplies, especially for those looking to make market wholesale. You can easily order bulk supplies like tumblers, keychains, and seasonal décor, ensuring you have everything you need for your projects. Michaels Pro additionally provides access to wholesale flowers and crafts, catering to both beginners and seasoned crafters. If you place your order by 2 PM EST, it ships the same day from their Ohio warehouse, guaranteeing prompt delivery. This service supports small business owners by facilitating easy ordering and shifting from competitors like Darice seamlessly. American Crafts: Bright and Bold Paper Products In relation to lively and eye-catching paper products, American Crafts stands out as a leading wholesale supplier. Known for bright, bold designs, they offer a diverse selection that caters to various crafting needs, including scrapbooking and card making. With a minimum order requirement of $1500, you can access unique designs that will improve your projects. Their reputation in the crafting community guarantees you’ll receive high-quality materials. Below is a summary of their offerings: Product Type Key Features Scrapbooking Paper Bright colors, various themes Card Stock Durable, ideal for card making Specialty Paper Textured and patterned options Decorative Kits Coordinated designs for projects Seasonal Collections Festive themes for all occasions Explore American Crafts for your wholesale crafting needs. Paper Source: Quality Cards and Stock for Wholesale If you’re considering Paper Source for your wholesale needs, you’ll need to start by submitting a wholesale application. This process grants you access to their extensive inventory of high-quality cards and stock, along with unique designs perfect for various crafting projects. Keep in mind that minimum order requirements and pricing details will be provided once your application is approved, ensuring you have all the necessary information to plan your purchases effectively. Application Process Explained To become a wholesale customer at Paper Source, you need to complete an application process designed to secure that only qualified retailers gain access to their quality cards and stock. This process involves providing crucial business details, such as your store’s name, address, and sales tax ID. After submission, Paper Source may conduct a review period to confirm your business meets their criteria. Once approved, you’ll benefit from exclusive pricing and customized product offerings, enhancing your retail experience. Access to a diverse range of high-quality paper products ideal for crafting and gifting awaits you. Be prepared to meet any minimum order quantities that may be applicable based on the specific products you choose to purchase. Minimum Order Requirements When considering a wholesale account with Paper Source, it’s important to understand the minimum order requirements that apply to accessing their quality cards and stock. To qualify for wholesale pricing, you must meet specific criteria, including: Application Submission: Complete the necessary application to establish your wholesale account. Minimum Purchase: There’s a required minimum order amount, so plan your purchases accordingly. Exclusive Access: Wholesale customers gain access to unique card designs not available to regular consumers. Pricing Structures: Leveraging your wholesale account can improve profit margins for your business. Gifts Intl: Gift Packaging and Party Supplies Gifts Intl stands out as a reliable source for gift packaging and party supplies, catering to both small business owners and individual crafters. They offer a diverse range of products, ensuring you can find everything from elegant gift wraps to lively party decorations. With a minimum order of $500, you can access bulk purchasing options that provide significant savings. Furthermore, Gifts Intl often provides a 10% discount on orders, making it easier to stock up on supplies without breaking the bank. Their wide selection of seasonal items and home decor aligns perfectly with various event themes, allowing you to create memorable celebrations. Notably, you don’t need a wholesale account to purchase, simplifying access to their extensive inventory. Cousin DIY: Accessories for Crafting Enthusiasts Cousin DIY serves as a go-to resource for crafting enthusiasts, offering a broad selection of accessories customized to various DIY projects. With a minimum order of $25 for free shipping, you can easily stock up on necessities. Their products include: Premium Non-Toxic Silicone Beads – Available in lively colors, perfect for keychains and jewelry. Resin Crafting Materials – Ideal for creating unique pieces with a professional finish. DTF Transfer Products – Great for custom apparel and fabric designs. Unique Patterns and Shapes – These inspire creativity and allow you to personalize your projects. Cousin DIY likewise welcomes retail accounts, ensuring quality service through a review by their Sales Team. This commitment improves your crafting experience. Notions Marketing: Diverse Craft Inventory Notions Marketing offers a wide range of craft supplies, making it easy for you to find exactly what you need for various projects. With a simple login request to access their inventory, you can quickly navigate their offerings without any minimum order requirements. This flexibility, combined with competitive pricing options, guarantees that both small business owners and individual crafters can easily stock up on high-quality materials. Wide Range of Supplies In relation to sourcing craft supplies, a diverse inventory can greatly boost your creative projects and business offerings. Notions Marketing stands out for its extensive range of products, ensuring you have everything you need. Here are some key categories they offer: DIY Supplies – From adhesives to embellishments, you’ll find crucial materials for all your projects. Home Goods – Discover decor items that can improve your living spaces or serve as inspiration for your crafts. Seasonal Items – Stock up on supplies for holidays and special occasions, ensuring timely project completion. High-Quality Materials – Cater to both beginners and experienced crafters, all during a commitment to quality. With no minimum order required, accessing their inventory is easy for small businesses. Easy Order Process Crafting a seamless ordering experience is essential for small business owners and crafters who want to access a wide range of supplies without hassle. Notions Marketing prioritizes a customer-centric service model, ensuring an easy process for you to explore their diverse inventory. To get started, simply submit a login request, which helps maintain a secure ordering environment. With a minimum opening order of $250, you can easily access a selection suitable for both small and larger-scale projects. Orders are customizable, allowing you to tailor purchases to your specific crafting needs. Plus, their focus on customer service means you can readily find support and answers to inquiries, enhancing your overall experience as you navigate their offerings. Competitive Pricing Options When you’re looking for wholesale craft supplies, competitive pricing is a crucial factor that can greatly impact your bottom line. Notions Marketing excels in offering a customer-centric service with a diverse inventory, perfect for small businesses and independent crafters. Here are some key benefits of their competitive pricing options: Wide Variety: They provide a broad selection of crafting materials, catering to various needs. Minimum Order Requirement: You’ll need a minimum opening order of $250 to access their inventory. Reliable Stock: Notions Marketing guarantees that vital supplies are consistently available, helping you maintain adequate inventory levels. Affordability: Their pricing structure is designed to support your business growth without sacrificing quality. Utilizing these options can effectively improve your sourcing strategy. CraftOutlet.com: Affordable Deco Mesh and More For those looking to stock up on affordable deco mesh and other crafting supplies, CraftOutlet.com stands out with its extensive selection and budget-friendly pricing. You’ll find a variety of deco mesh options, including poly jute and burlap, starting at just $3.95 for 10-yard rolls. The site offers numerous colors and styles, perfect for your seasonal crafts and décor projects. In addition, CraftOutlet.com frequently features sales on select items, making it easy to save on popular supplies like the 10 Poly Deco Mesh in Black for that same price. Supporting small business owners, they provide bulk purchasing options without needing a wholesale account, as well as offering floral bushes, ribbons, and accent signs—making it a convenient one-stop shop for all your crafting needs. Darice Alternatives: Finding the Best Wholesale Options When you’re seeking alternatives to Darice, it’s important to explore new vendors that can meet your crafting needs. For instance, Michaels Pro offers bulk orders without requiring a wholesale account, whereas Horizon Group USA provides a vast selection of supplies, sometimes without minimums. Evaluating pricing structures from places like Factory Direct Craft and Save-On-Crafts can help you find the best deals for your business. Explore New Vendors Exploring new vendors for wholesale craft supplies can greatly expand your options and improve your inventory management. Here are some alternatives to evaluate: Michaels Pro: This option allows bulk orders without needing a wholesale account, perfect for small business owners. Horizon Group USA: They welcome retail accounts and review new retailer requests, offering a range of craft supplies with no minimum order. Cousin DIY: With a low minimum order of $25 for free shipping, this vendor is convenient for crafters looking for accessories. Save-On-Crafts: This budget-friendly option doesn’t require a wholesale account and offers free shipping on orders over $79, ensuring affordability for small businesses. Evaluate Pricing Structures Evaluating pricing structures is essential for finding the best wholesale options to replace Darice, as it helps you identify the most cost-effective vendors for your craft supply needs. For instance, Michaels offers bulk orders without requiring a wholesale account, ideal for small business owners. Conversely, American Crafts has a $1500 minimum for wholesale, whereas Paper Source and Gifts Intl set theirs at $500 and $250, respectively. Horizon Group USA allows retail accounts with no minimum, though new requests undergo review. Cousin DIY provides a low $25 minimum for free shipping on accessories, and Save-On-Crafts doesn’t require a wholesale account, offering free shipping on orders over $79, making it flexible for smaller purchases. Jewelry Making Supplies: Essential Tools and Materials Jewelry making requires a variety of significant tools and materials to transform creative ideas into tangible pieces. To get started, here are four indispensable items you need: Beads and Findings: Sourcing high-quality beads is critical. Cousin DIY offers cost-effective options with a minimum order for free shipping. Tools: Pliers, cutters, and other tools are necessary for assembly. CB Flowers & Crafts provides a great selection, but requires a wholesale account. Wire and Stringing Materials: These are fundamental for creating your designs. Horizon Group USA has a diverse inventory available for retail accounts. Storage Solutions: Keeping your materials organized is indispensable. Notions Marketing stocks various storage options, catering to hobbyists and small businesses alike. Resin & Epoxy Crafting: Supplies for Unique Projects Resin crafting offers endless possibilities for creating unique projects, from custom jewelry to decorative home accents. To get started, invest in premium resin supplies like high-quality silicone molds and lively pigments, which guarantee smooth, bubble-free pours. Whether you’re a beginner or an experienced crafter, these materials are suitable for all skill levels, allowing you to craft stunning décor pieces and personalized accessories. You’ll find various resin types, including UV resin, customized to meet diverse project needs. Key tools help you achieve professional results, enabling intricate designs and finishes. Furthermore, many suppliers offer extensive resources, including tutorials and project ideas, to inspire and guide you through your resin and epoxy crafting adventure. Frequently Asked Questions What Is the Most Popular Craft Store? When considering the most popular craft store, Michaels often comes to mind because of its extensive selection of art supplies and DIY materials. Hobby Lobby is another major contender, known for its seasonal decorations and frequent sales. Joann Fabrics & Crafts specializes in fabric and sewing supplies, attracting both hobbyists and professionals. Furthermore, online platforms like Etsy and Amazon have become significant players, offering unique and handmade items from various sellers, catering to diverse crafting needs. Are Craft Supply Stores Profitable? Yes, craft supply stores can be quite profitable. Many small businesses achieve gross margins between 30-50%, particularly when they sell unique items. The growing DIY trend has boosted the craft industry, projected to reach $44 billion by 2024. By purchasing supplies wholesale, you can lower costs, allowing competitive pricing. Furthermore, offering workshops or classes can improve customer loyalty, driving more foot traffic and increasing overall sales potential for your store. Conclusion In summary, exploring these top 10 stores for wholesale craft supplies can greatly improve your crafting experience. With options like Michaels Pro and American Crafts offering quality products, and retailers such as Gifts Intl and Cousin DIY catering to smaller orders, you can find the right supplies for any project. Furthermore, CraftOutlet.com and specialized jewelry making supplies provide competitive pricing and unique items. By utilizing these resources, you’ll be well-equipped to meet your crafting needs efficiently and affordably. Image via Google Gemini This article, "Best Places to Buy Wholesale Craft Supplies: Top 10 Stores You Need to Know" was first published on Small Business Trends View the full article

If you have a Pixel phone, there's good news, and bad news. The good news? Google is releasing a handful of new features for your device, via its November Pixel Drop. And among the new changes, like Google Photos' Nano Banana upgrade, is something genuinely useful: a new power saving mode for Google Maps. The bad news? Your Pixel probably doesn't support it. According to Google, the new Power Saving Mode is simple to use. Whenever you want to spare your battery some excess power consumption while using driving directions in Google Maps, you can tap a new power button in the app. Once you do, Google Maps will shift into a "simplified layout": From Google's press release image, this turns the map black and white, with no discernible elements other than the road, your driving arrow, ETA, and upcoming turns. The feature currently only works with driving directions, so you won't see the option for walking or biking directions, nor can you use it in landscape. Credit: Google Google says this new layout can save your Pixel's battery life for up to four hours—though that depends on a number of factors, including the assumption that your phone is charged to 100% at the start, and that brightness is set at P90 and Adaptive Brightness is disabled. But if that's true, it could be huge: If you're on a road trip without power, that can keep your phone going much longer. You could either eke out another four hours of navigation time in the car, or actually have some battery to spare when you reach your destination. Why is this a Pixel 10 exclusive?But before all the Pixel owners of the world get too excited, the feature comes with disappointing fine print. Only Pixel 10 devices—meaning Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and Pixel 10 Pro Fold—can use Power Saving Mode in Google Maps. Google: What gives? Google doesn't actually offer any explanation as to why Power Saving Mode is exclusive to its newest line of Pixels. As Android Central notes, the feature likely takes advantage of Android's upcoming AOD Min Mode, which lets apps use the device's Always-on Display to save power while running visually simplistic versions of their programs. AOD Min Mode isn't widely available to developers yet, and will likely arrive with Android 17, but it doesn't seem exclusive to Pixel 10—or Pixel, for that matter. Most Android phones these days have Always-on Displays, so AOD Min Mode should theoretically work with them—not just phones released this year. If I had to guess, Google won't keep this feature locked to the Pixel 10 line forever. The company is probably using this limited rollout as an opportunity to test out AOD Min Mode with a smaller pool of users. Since the Pixel 10 series is the company's newest set of devices, it'd be a prime candidate for a test. The company could then take the feedback and analytics from this beta, and use it to help developers better optimize their apps for this experience. Perhaps then, Google would expand support to more Pixel devices, or more Android devices in general. For now, however, only Pixel 10 users can try out Power Saving Mode in Google Maps. I don't have one of these newest Pixels, but if I did, I wouldn't be surprised if I just kept this mode on all the time. Frankly, it looks cool, and if it saves me battery at the same time, all the better. Google seems to be making battery life savings a priority. Starting next year, the company will start dinging apps that excessively wake the display, either by removing those apps from Play Store discovery pages, or by issuing a warning to users on the app's Play Store page itself. View the full article

The broadcaster should rethink the role of director-general and reclaim editorial independence View the full article

We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication. If you’re looking for premium noise-cancelling earbuds that perform well, charge wirelessly, and block out all background noise while remaining comfortable for long-term wear, the Bose QuietComfort Ultra Earbuds (2nd Gen) are currently $249 (originally $299) on Amazon, marking a 17% discount and bringing them down to their lowest price ever, according to price-tracking tools. QuietComfort Ultra Earbuds (2nd Gen) $249.00 at Amazon $299.00 Save $50.00 Get Deal Get Deal $249.00 at Amazon $299.00 Save $50.00 Compared to their predecessor, the 2nd Gen model eliminates ambient sound while providing rich, detailed audio. They also support high-quality Bluetooth codecs. While they get a nearly perfect review from PCMag (where they also earned an Editors' Choice award for noise-cancelling earphones), it notes that the buds are slightly large and that the controls can be finicky (when adjusting fit, you might accidentally trigger a control, like pausing audio or skipping tracks). Visually, they’re nearly identical to the previous generation, and create a snug, secure seal without excessive pressure, making them ideal for workouts and everyday listening. Their IPX4 rating makes them suitable for light rain and sweaty workouts, but not for immersion, and the case isn’t waterproof either. The battery, which can be charged wirelessly, lasts around six hours, and the case holds three charges for a total of 24 hours. Twenty minutes of charging provides around two hours of listening. The companion app lets you adjust volume, EQ, modes, battery status, and more. Ultimately, with eight microphones and new ANC algorithms, these buds excel at cancelling noise, providing significant improvements over their predecessor and cementing them as some of the best noise-cancelling earbuds on the market, with performance in a class of its own. If you’re after in-canal buds with top-tier ANC and rich, full-bodied sound, the Bose QuietComfort Ultra Earbuds (2nd Gen) are a must, especially at $50 off. Our Best Editor-Vetted Tech Deals Right Now Apple AirPods 4 Wireless Earbuds — $84.99 (List Price $129.00) Apple iPad 11" 128GB A16 WiFi Tablet (Blue, 2025) — $324.99 (List Price $349.00) Shark AV2501AE AI XL Hepa- Safe Self-Emptying Base Robot Vacuum — $297.99 (List Price $649.99) Apple Watch Series 10 — $309.99 (List Price $429.00) Google Pixel 9 128GB Unlocked 6.9" OLED Smartphone (Obsidian) — $544.98 (List Price $799.00) Amazon Fire HD 10 (2023) — $69.99 (List Price $139.99) Sony WH-1000XM5 — $328.00 (List Price $399.99) Blink Outdoor 4 1080p Wireless Security Camera (5-Pack) — $159.99 (List Price $399.99) Ring Floodlight Cam Wired Plus 1080p Security Camera (White) — $99.99 (List Price $179.99) Deals are selected by our commerce team View the full article

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Comprehending franchise agreements is vital for anyone considering franchise ownership. These agreements outline the relationship between franchisors and franchisees, detailing rights, obligations, and financial commitments. Familiarizing yourself with different types of agreements, key elements like trademark usage, and important clauses can greatly impact your success. As you explore these aspects, you’ll be better equipped to make informed decisions and manage your investment effectively. What might you overlook that could shape your franchise expedition? Key Takeaways Familiarize yourself with different types of franchise agreements, including single-unit, multi-unit, and area development agreements, to align with your business goals. Understand key elements, such as trademark usage, fee structures, and termination clauses, to navigate the franchise relationship effectively. Assess financial obligations, including initial fees, ongoing royalties, and advertising costs, to ensure proper cash flow management. Review insurance requirements and risk management strategies to maintain compliance and protect your investment. Examine termination, renewal, and transfer clauses to prepare for potential changes in ownership and operational continuity. Types of Franchise Agreements Franchise agreements come in various types, each customized to meet different business needs and goals. A Single-Unit Agreement allows you to operate one specific location, making it ideal if you’re new to the franchise industry. If you have more experience and capital, consider a Multi-Unit Agreement, which lets you manage multiple locations, enhancing your market presence. For those looking to develop several units, an Area Development Agreement offers exclusive rights in a defined territory, but requires higher initial investments. Finally, a Master Franchise Agreement grants you the exclusive rights to sell franchises in a specific region, allowing for broader market penetration. Comprehending these franchise license agreements helps you align your business strategy with the right opportunity. Key Elements of Franchise Agreements When you enter a franchise agreement, you’ll encounter several key elements that define your relationship with the franchisor. These include details about trademark usage, fee structures, and termination clauses, which are crucial for comprehending your rights and responsibilities. Trademark and Brand Usage In any successful franchise operation, comprehension of trademark and brand usage is fundamental for maintaining brand consistency and integrity. The contract of franchise explicitly outlines your rights and restrictions regarding the usage of the franchisor’s trademarks. To define franchise agreement, it’s important to understand that you must adhere to specific guidelines in the brand manual, covering logos, signage, and marketing materials. Unauthorized alterations or misuse could lead to legal action, emphasizing the need for trademark compliance. Furthermore, you can’t use the franchisor’s trademarks in entity names or domain registrations without prior approval. Fee Structures and Payments Comprehending the fee structures and payment obligations in a franchise agreement is vital for future franchisees, as these financial commitments can significantly impact your overall profitability. A typical franchise agreement example includes an initial franchise fee that can range from a few thousand to several hundred thousand dollars, depending on the brand. Ongoing royalty payments, usually between 4% to 8% of your gross revenue or a flat fee, are outlined with specific schedules. Furthermore, you may face advertising fees, requiring you to contribute 1% to 3% of your revenue. It’s important to understand what’s a franchise agreement and review a model franchise agreement to grasp all potential charges for support services, training, or other operational costs. Termination and Transfer Clauses Grasping the financial obligations outlined in franchise agreements is just one part of the equation; equally important are the termination and transfer clauses that dictate how the relationship between the franchisee and franchisor can be ended or altered. Termination clauses specify conditions for ending the agreement, such as breach of contract, bankruptcy, or criminal activity by the franchisee. Often, these agreements include a cure period, allowing you time—typically 30 to 90 days—to correct breaches before termination is enforced. Transfer clauses detail how you can transfer ownership, requiring the franchisor’s approval to guarantee the new owner meets certain criteria. Comprehending these clauses is essential, as non-compliance can lead to legal disputes, impacting your investment and future opportunities. Understanding Franchisee Rights and Obligations As a franchisee, you have specific financial responsibilities, including paying initial franchise fees and ongoing royalties, which support the brand you represent. You’re additionally required to comply with brand standards, ensuring product quality and customer service meet the franchisor’s expectations. Comprehending these rights and obligations is essential for successfully steering your franchise experience and maintaining a good relationship with the franchisor. Franchisee Payment Responsibilities When you become a franchisee, comprehension of your payment responsibilities is vital to your success and compliance with the franchise agreement. Initially, you’ll pay a franchise fee, which varies widely, granting you the rights to operate under the brand. Ongoing royalty payments, usually between 4% to 10% of your gross revenue, are mandatory for continued support. Furthermore, you might face extra fees for marketing, requiring contributions to a collective fund. Timely payment of these fees is critical to maintain your franchise agreement and avoid disputes. Be aware of other potential costs like training fees for new employees and mandatory purchases from approved vendors, as these can considerably affect your overall financial obligations. Compliance With Brand Standards Comprehending and adhering to brand standards is a fundamental obligation for every franchisee. These standards encompass maintaining product quality, customer service, and operational procedures as outlined in your franchise agreement and brand manual. By complying with these guidelines, you help guarantee consistency across all franchise locations, which is vital for protecting the integrity of the brand. Your franchise agreement likely requires participation in initial and ongoing training programs to keep you updated on any changes. Moreover, you’ll need to regularly report and document sales, marketing efforts, and inventory levels to demonstrate your compliance. Remember, failing to adhere to brand standards can result in penalties, including the potential termination of your franchise agreement, making strict adherence indispensable. Financial Obligations in Franchise Agreements Comprehending the financial obligations in franchise agreements is essential for anyone considering this business model, as these commitments can greatly impact your profitability. You’ll need to be aware of several key financial components: Initial Franchise Fee: This can range from a few thousand to several hundred thousand dollars, depending on the brand. Ongoing Royalty Payments: Typically, this is a percentage of your gross revenue, often between 4% to 10%. Advertising Fees: Many agreements include mandatory fees, usually around 1% to 3% of sales, for brand marketing. Additional Charges: Be prepared for extra costs for training, equipment, or inventory, which should be clearly stated in the agreement. Understanding these obligations helps you manage cash flow and budget effectively. Insurance Requirements and Risk Management After comprehending the financial obligations tied to franchise agreements, it’s important to recognize the role of insurance requirements and risk management in maintaining a successful franchise operation. Franchise agreements typically mandate specific insurance types, such as general liability and workers’ compensation, to mitigate risks inherent in business operations. You’ll need to maintain minimum coverage amounts as outlined in your agreement, which can vary by industry and franchisor standards. Often, the franchisor is listed as an additional insured party on your policies, protecting their interests from potential claims. Adhering to these insurance requirements not only fulfills contractual obligations but also showcases your responsible risk management, enhancing your credibility and operational stability. Failing to comply could lead to penalties or even termination of your franchise. Renewal, Transfer, and Termination Clauses Comprehending the renewal, transfer, and termination clauses in your franchise agreement is crucial for maneuvering the lifecycle of your franchise. These clauses can greatly impact your business operations and future plans. Here are key points to reflect on: Renewal Clauses: Understand the process and conditions for extending your agreement, which may include a formal request and updated fees. Transfer Clauses: Know the conditions for selling or transferring your franchise rights, often requiring the franchisor’s approval and certain qualifications for the new owner. Termination Clauses: Familiarize yourself with the circumstances under which the franchisor can end the agreement, including breaches or legal issues. Cure Period: Many agreements allow time to rectify breaches, protecting your investment before termination occurs. Understanding these elements will help you navigate your franchise successfully. Ready to Explore Franchising? Schedule Your Free Consultation With FMS Franchise If you’re considering entering the domain of franchising, scheduling a free consultation with FMS Franchise can be a valuable step in your expedition. This consultation provides you with insights into the franchising process, allowing you to explore opportunities customized to your goals. FMS Franchise experts will guide you in evaluating different franchise agreements, clarifying key components like fees, royalties, and operational guidelines. You’ll likewise discuss the importance of conducting due diligence on potential franchisors, including reviewing their financial health and industry reputation. Furthermore, you can learn about various types of franchise agreements—single-unit, multi-unit, and master franchises—to determine the best fit for your investment strategy. Their consultants will also help you navigate legal considerations and compliance with regulations. Frequently Asked Questions What Are the 4 P’s of Franchising? The 4 P’s of franchising are Product, Price, Place, and Promotion. You need a strong product that meets consumer demand and aligns with brand standards. Price involves franchise fees and royalties that affect your profitability. Place focuses on site selection and territory rights, determining where you can operate. Finally, Promotion includes marketing strategies to boost brand awareness, often requiring contributions to advertising funds based on your sales to maintain visibility and attract customers. What Is the 7 Day Rule for Franchise? The 7 Day Rule for franchises requires franchisors to provide you with the Franchise Disclosure Document (FDD) at least seven days before you sign any agreement or make a payment. This rule guarantees you have enough time to review important details, like fees and obligations, allowing for informed decisions. It protects you from rushed choices and helps establish transparency between you and the franchisor, cultivating trust in the franchise relationship. Why Does It Only Cost $10k to Own a Chick-Fil-A Franchise? It only costs $10,000 to own a Chick-Fil-A franchise since the company requires franchisees to cover the significant costs of building and equipping the restaurant, which can exceed $1 million. This low initial fee allows Chick-Fil-A to maintain control over operations and uphold brand standards, as franchisees can’t own the physical property. Moreover, franchisees must work full-time, further ensuring dedication to the brand as the company garners revenue from royalties. What Are the Three Types of Franchise Agreements? The three types of franchise agreements you’ll encounter are single-unit, multi-unit, and area development agreements. A single-unit agreement lets you operate one franchise location, perfect for beginners. Multi-unit agreements allow you to manage several locations, requiring more investment and experience. Area development agreements grant you the rights to develop multiple units in a specific territory, offering exclusivity for rapid growth but demanding a higher initial investment. Comprehending these options helps you align your goals effectively. Conclusion Grasping franchise agreements is crucial for any potential franchisee. By familiarizing yourself with the types of agreements, key elements, and your rights and obligations, you can make informed decisions. Pay close attention to financial responsibilities, insurance requirements, and clauses regarding renewal, transfer, and termination. This knowledge will help you navigate your investment effectively, ensuring compliance with brand standards and protecting your interests. If you’re ready to explore franchising, consider scheduling a free consultation with FMS Franchise. Image via Google Gemini This article, "Understanding Franchise Agreements – A How-To Guide" was first published on Small Business Trends View the full article

Comprehending franchise agreements is vital for anyone considering franchise ownership. These agreements outline the relationship between franchisors and franchisees, detailing rights, obligations, and financial commitments. Familiarizing yourself with different types of agreements, key elements like trademark usage, and important clauses can greatly impact your success. As you explore these aspects, you’ll be better equipped to make informed decisions and manage your investment effectively. What might you overlook that could shape your franchise expedition? Key Takeaways Familiarize yourself with different types of franchise agreements, including single-unit, multi-unit, and area development agreements, to align with your business goals. Understand key elements, such as trademark usage, fee structures, and termination clauses, to navigate the franchise relationship effectively. Assess financial obligations, including initial fees, ongoing royalties, and advertising costs, to ensure proper cash flow management. Review insurance requirements and risk management strategies to maintain compliance and protect your investment. Examine termination, renewal, and transfer clauses to prepare for potential changes in ownership and operational continuity. Types of Franchise Agreements Franchise agreements come in various types, each customized to meet different business needs and goals. A Single-Unit Agreement allows you to operate one specific location, making it ideal if you’re new to the franchise industry. If you have more experience and capital, consider a Multi-Unit Agreement, which lets you manage multiple locations, enhancing your market presence. For those looking to develop several units, an Area Development Agreement offers exclusive rights in a defined territory, but requires higher initial investments. Finally, a Master Franchise Agreement grants you the exclusive rights to sell franchises in a specific region, allowing for broader market penetration. Comprehending these franchise license agreements helps you align your business strategy with the right opportunity. Key Elements of Franchise Agreements When you enter a franchise agreement, you’ll encounter several key elements that define your relationship with the franchisor. These include details about trademark usage, fee structures, and termination clauses, which are crucial for comprehending your rights and responsibilities. Trademark and Brand Usage In any successful franchise operation, comprehension of trademark and brand usage is fundamental for maintaining brand consistency and integrity. The contract of franchise explicitly outlines your rights and restrictions regarding the usage of the franchisor’s trademarks. To define franchise agreement, it’s important to understand that you must adhere to specific guidelines in the brand manual, covering logos, signage, and marketing materials. Unauthorized alterations or misuse could lead to legal action, emphasizing the need for trademark compliance. Furthermore, you can’t use the franchisor’s trademarks in entity names or domain registrations without prior approval. Fee Structures and Payments Comprehending the fee structures and payment obligations in a franchise agreement is vital for future franchisees, as these financial commitments can significantly impact your overall profitability. A typical franchise agreement example includes an initial franchise fee that can range from a few thousand to several hundred thousand dollars, depending on the brand. Ongoing royalty payments, usually between 4% to 8% of your gross revenue or a flat fee, are outlined with specific schedules. Furthermore, you may face advertising fees, requiring you to contribute 1% to 3% of your revenue. It’s important to understand what’s a franchise agreement and review a model franchise agreement to grasp all potential charges for support services, training, or other operational costs. Termination and Transfer Clauses Grasping the financial obligations outlined in franchise agreements is just one part of the equation; equally important are the termination and transfer clauses that dictate how the relationship between the franchisee and franchisor can be ended or altered. Termination clauses specify conditions for ending the agreement, such as breach of contract, bankruptcy, or criminal activity by the franchisee. Often, these agreements include a cure period, allowing you time—typically 30 to 90 days—to correct breaches before termination is enforced. Transfer clauses detail how you can transfer ownership, requiring the franchisor’s approval to guarantee the new owner meets certain criteria. Comprehending these clauses is essential, as non-compliance can lead to legal disputes, impacting your investment and future opportunities. Understanding Franchisee Rights and Obligations As a franchisee, you have specific financial responsibilities, including paying initial franchise fees and ongoing royalties, which support the brand you represent. You’re additionally required to comply with brand standards, ensuring product quality and customer service meet the franchisor’s expectations. Comprehending these rights and obligations is essential for successfully steering your franchise experience and maintaining a good relationship with the franchisor. Franchisee Payment Responsibilities When you become a franchisee, comprehension of your payment responsibilities is vital to your success and compliance with the franchise agreement. Initially, you’ll pay a franchise fee, which varies widely, granting you the rights to operate under the brand. Ongoing royalty payments, usually between 4% to 10% of your gross revenue, are mandatory for continued support. Furthermore, you might face extra fees for marketing, requiring contributions to a collective fund. Timely payment of these fees is critical to maintain your franchise agreement and avoid disputes. Be aware of other potential costs like training fees for new employees and mandatory purchases from approved vendors, as these can considerably affect your overall financial obligations. Compliance With Brand Standards Comprehending and adhering to brand standards is a fundamental obligation for every franchisee. These standards encompass maintaining product quality, customer service, and operational procedures as outlined in your franchise agreement and brand manual. By complying with these guidelines, you help guarantee consistency across all franchise locations, which is vital for protecting the integrity of the brand. Your franchise agreement likely requires participation in initial and ongoing training programs to keep you updated on any changes. Moreover, you’ll need to regularly report and document sales, marketing efforts, and inventory levels to demonstrate your compliance. Remember, failing to adhere to brand standards can result in penalties, including the potential termination of your franchise agreement, making strict adherence indispensable. Financial Obligations in Franchise Agreements Comprehending the financial obligations in franchise agreements is essential for anyone considering this business model, as these commitments can greatly impact your profitability. You’ll need to be aware of several key financial components: Initial Franchise Fee: This can range from a few thousand to several hundred thousand dollars, depending on the brand. Ongoing Royalty Payments: Typically, this is a percentage of your gross revenue, often between 4% to 10%. Advertising Fees: Many agreements include mandatory fees, usually around 1% to 3% of sales, for brand marketing. Additional Charges: Be prepared for extra costs for training, equipment, or inventory, which should be clearly stated in the agreement. Understanding these obligations helps you manage cash flow and budget effectively. Insurance Requirements and Risk Management After comprehending the financial obligations tied to franchise agreements, it’s important to recognize the role of insurance requirements and risk management in maintaining a successful franchise operation. Franchise agreements typically mandate specific insurance types, such as general liability and workers’ compensation, to mitigate risks inherent in business operations. You’ll need to maintain minimum coverage amounts as outlined in your agreement, which can vary by industry and franchisor standards. Often, the franchisor is listed as an additional insured party on your policies, protecting their interests from potential claims. Adhering to these insurance requirements not only fulfills contractual obligations but also showcases your responsible risk management, enhancing your credibility and operational stability. Failing to comply could lead to penalties or even termination of your franchise. Renewal, Transfer, and Termination Clauses Comprehending the renewal, transfer, and termination clauses in your franchise agreement is crucial for maneuvering the lifecycle of your franchise. These clauses can greatly impact your business operations and future plans. Here are key points to reflect on: Renewal Clauses: Understand the process and conditions for extending your agreement, which may include a formal request and updated fees. Transfer Clauses: Know the conditions for selling or transferring your franchise rights, often requiring the franchisor’s approval and certain qualifications for the new owner. Termination Clauses: Familiarize yourself with the circumstances under which the franchisor can end the agreement, including breaches or legal issues. Cure Period: Many agreements allow time to rectify breaches, protecting your investment before termination occurs. Understanding these elements will help you navigate your franchise successfully. Ready to Explore Franchising? Schedule Your Free Consultation With FMS Franchise If you’re considering entering the domain of franchising, scheduling a free consultation with FMS Franchise can be a valuable step in your expedition. This consultation provides you with insights into the franchising process, allowing you to explore opportunities customized to your goals. FMS Franchise experts will guide you in evaluating different franchise agreements, clarifying key components like fees, royalties, and operational guidelines. You’ll likewise discuss the importance of conducting due diligence on potential franchisors, including reviewing their financial health and industry reputation. Furthermore, you can learn about various types of franchise agreements—single-unit, multi-unit, and master franchises—to determine the best fit for your investment strategy. Their consultants will also help you navigate legal considerations and compliance with regulations. Frequently Asked Questions What Are the 4 P’s of Franchising? The 4 P’s of franchising are Product, Price, Place, and Promotion. You need a strong product that meets consumer demand and aligns with brand standards. Price involves franchise fees and royalties that affect your profitability. Place focuses on site selection and territory rights, determining where you can operate. Finally, Promotion includes marketing strategies to boost brand awareness, often requiring contributions to advertising funds based on your sales to maintain visibility and attract customers. What Is the 7 Day Rule for Franchise? The 7 Day Rule for franchises requires franchisors to provide you with the Franchise Disclosure Document (FDD) at least seven days before you sign any agreement or make a payment. This rule guarantees you have enough time to review important details, like fees and obligations, allowing for informed decisions. It protects you from rushed choices and helps establish transparency between you and the franchisor, cultivating trust in the franchise relationship. Why Does It Only Cost $10k to Own a Chick-Fil-A Franchise? It only costs $10,000 to own a Chick-Fil-A franchise since the company requires franchisees to cover the significant costs of building and equipping the restaurant, which can exceed $1 million. This low initial fee allows Chick-Fil-A to maintain control over operations and uphold brand standards, as franchisees can’t own the physical property. Moreover, franchisees must work full-time, further ensuring dedication to the brand as the company garners revenue from royalties. What Are the Three Types of Franchise Agreements? The three types of franchise agreements you’ll encounter are single-unit, multi-unit, and area development agreements. A single-unit agreement lets you operate one franchise location, perfect for beginners. Multi-unit agreements allow you to manage several locations, requiring more investment and experience. Area development agreements grant you the rights to develop multiple units in a specific territory, offering exclusivity for rapid growth but demanding a higher initial investment. Comprehending these options helps you align your goals effectively. Conclusion Grasping franchise agreements is crucial for any potential franchisee. By familiarizing yourself with the types of agreements, key elements, and your rights and obligations, you can make informed decisions. Pay close attention to financial responsibilities, insurance requirements, and clauses regarding renewal, transfer, and termination. This knowledge will help you navigate your investment effectively, ensuring compliance with brand standards and protecting your interests. If you’re ready to explore franchising, consider scheduling a free consultation with FMS Franchise. Image via Google Gemini This article, "Understanding Franchise Agreements – A How-To Guide" was first published on Small Business Trends View the full article

We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication. Fire tablets have always been about stretching value, and the Amazon Fire Max 11 takes that idea further. It’s the biggest and most powerful tablet Amazon has made so far, but it stays well under the typical premium tablet price tag. Right now, a refurbished, like-new 64GB model with ads is down to $124.99 from $199.99 as an early Black Friday deal. Meaning, you’re basically getting a refreshed unit that looks new, works flawlessly, and costs a lot less. (For $65 more, you can get the 128GB version brand new and ad-free.) It came out last summer and earned PCMag’s Best Budget Tablet of the Year 2024—a solid endorsement for a device that’s meant to balance everyday use, streaming, and light work. Like-New Amazon Fire Max 11 64GB 11" Tablet (Gray) $124.99 at Amazon $199.99 Save $75.00 Get Deal Get Deal $124.99 at Amazon $199.99 Save $75.00 The 11-inch LCD is the largest in Amazon’s Fire lineup, offering a 2,000 x 1,200 resolution and 213 pixels per inch, making it sharp enough for reading, streaming, and casual sketching with the optional $29.99 stylus. It’s not as vibrant as an iPad, but it’s bright and crisp for the price, notes this PCMag review. The aluminum body gives it a sturdier, more polished feel than the plastic Fire models of the past, and the stereo speakers hold up surprisingly well for music and movies. There’s no headphone jack, which feels like an oversight, but Bluetooth 5.3 makes up for it with a stable connection for wireless headsets. Performance-wise, the octa-core processor, 4GB RAM, and the 64GB of internal storage (expandable up to 1TB via a microSD card) handle browsing, multitasking, and light gaming without much slowdown. Still, there are trade-offs. It runs FireOS 8, Amazon’s custom version of Android, which prioritizes Kindle, Prime Video, and Alexa over Google’s suite of services. It’s perfect if you’re already deep in Amazon’s ecosystem, but if you depend on Gmail, Maps, or Play Store apps, you’ll need to manually sideload them. The dual 8MP cameras perform fine for video calls and scanning, but that’s about it. Battery life realistically lasts around nine to 10 hours of typical use, and it charges over USB-C, though the included 9W charger feels slow compared to the 15W it supports. Our Best Editor-Vetted Tech Deals Right Now Apple AirPods 4 Wireless Earbuds — $84.99 (List Price $129.00) Apple iPad 11" 128GB A16 WiFi Tablet (Blue, 2025) — $324.99 (List Price $349.00) Shark AV2501AE AI XL Hepa- Safe Self-Emptying Base Robot Vacuum — $297.99 (List Price $649.99) Apple Watch Series 10 — $309.99 (List Price $429.00) Google Pixel 9 128GB Unlocked 6.9" OLED Smartphone (Obsidian) — $544.98 (List Price $799.00) Amazon Fire HD 10 (2023) — $69.99 (List Price $139.99) Sony WH-1000XM5 — $328.00 (List Price $399.99) Blink Outdoor 4 1080p Wireless Security Camera (5-Pack) — $159.99 (List Price $399.99) Ring Floodlight Cam Wired Plus 1080p Security Camera (White) — $99.99 (List Price $179.99) Deals are selected by our commerce team View the full article

Space weather forecasters issued an alert on Tuesday for incoming severe solar storms that could produce colorful northern lights and temporarily disrupt communications. In the past few days, the sun has burped out several bursts of energy called coronal mass ejections that could reach Earth Tuesday night and early Wednesday. The potential severe geomagnetic storms could disrupt radio and GPS communications, according to forecasters with the National Oceanic and Atmospheric Administration. How bright the auroras are and how far south they are visible will depend on when the solar bursts get here and how they interact with Earth’s atmosphere. The vibrant displays could be visible across much of the northern U.S., and as far south as Alabama and Northern California. How northern lights happen The sun is at the maximum phase of its 11-year activity cycle, making the light displays more common and widespread. Colorful northern lights have decorated night skies in unexpected places and space weather experts say there are more auroras still to come. Aurora displays known as the northern and southern lights are commonly visible near the poles, where charged particles from the sun interact with Earth’s atmosphere. Skygazers are spotting the lights deeper into the United States and Europe because the sun is going through a major face-lift. Every 11 years, its poles swap places, causing magnetic twists and tangles along the way. Last year, the strongest geomagnetic storm in two decades slammed Earth, producing light displays across the Northern Hemisphere. And soon afterward, a powerful solar storm dazzled skygazers far from the Arctic Circle when dancing lights appeared in unexpected places including Germany, the United Kingdom, New England and New York City. The sun’s active spurt is expected to last at least through the end of this year, though when solar activity will peak won’t be known until months after the fact, according to NASA and NOAA. How solar storms affect Earth Solar storms can bring more than colorful lights to Earth. When fast-moving particles and plasma slam into Earth’s magnetic field, they can temporarily disrupt the power grid. Space weather can also interfere with air traffic control radio and satellites in orbit. Severe storms are capable of scrambling other radio and GPS communications. In 1859, a severe solar storm triggered auroras as far south as Hawaii and set telegraph lines on fire in a rare event. And a 1972 solar storm may have detonated magnetic U.S. sea mines off the coast of Vietnam. Space weather experts aren’t able to predict a solar storm months in advance. Instead, they alert relevant parties to prepare in the days before a solar outburst hits Earth. How to see auroras Northern lights forecasts can be found on NOAA’s Space Weather Prediction Center website or an aurora forecasting app. Consider aurora-watching in a quiet, dark area away from city lights. Experts recommend skygazing from a local or national park. And check the weather forecast because clouds can cover up the spectacle entirely. Taking a picture with a smartphone camera may also reveal hints of the aurora that aren’t visible to the naked eye. The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education and the Robert Wood Johnson Foundation. The AP is solely responsible for all content. —Adithi Ramakrishnan, AP Science Writer View the full article

At the SAP TechEd 2025 event in Berlin, SAP SE unveiled groundbreaking innovations aimed at empowering developers and revolutionizing the integration of business data and artificial intelligence (AI) into real-world applications. Small business owners should take note: these advancements could provide significant opportunities for growth, efficiency, and innovation. SAP’s new offerings within the SAP Build solution are designed to enhance how developers create and automate applications. The latest features provide the autonomy to leverage popular development environments and tools, which can potentially reduce development time and costs—key considerations for small businesses with limited resources. “SAP’s announcements today give developers the tools they need to deliver at the speed of AI,” stated Muhammad Alam, a member of SAP’s Executive Board. This directive underscores SAP’s commitment to enhancing not just developer efficiency but also the overall business operations of companies that adopt its technologies. One highlight is the enhanced capabilities of SAP Build, which allows developers to use familiar tools like Visual Studio Code. A new extension for this software enables seamless integration with SAP Build, helping developers create applications directly within their preferred environments. Small businesses that utilize these development tools can build custom applications tailored to their specific needs without having to invest heavily in new software. A pivotal aspect for small businesses is the expanded data connectivity offered by the SAP Business Data Cloud. With new integrations featuring Snowflake, Databricks, and Google Cloud, businesses have the flexibility to operate their data workloads in environments they are comfortable with, ensuring they can extract valuable insights without compromising on data governance. This connectivity also streamlines the customer experience, as small businesses can create more personalized and responsive services. In addition to enhancing how businesses use data, SAP introduced SAP-RPT-1, a first-generation relational pre-trained transformer that helps companies predict key business outcomes, such as delivery delays and payment risks. This predictive capability is invaluable for small businesses that need to anticipate issues and strategize accordingly, allowing for proactive management that can lead to significant savings and improved service delivery. SAP’s AI assistants are another advancement that can benefit small businesses. These assistants can manage complex workflows and automate routine tasks across departments, from finance to human resources. This reduces the burden on small teams, enabling them to focus on growth and customer interaction rather than getting bogged down in repetitive tasks. However, despite the promising benefits, there are potential challenges that small business owners should be aware of. Transitioning to these new tools and technologies may require upfront investment in training and system updates. SAP has pledged to equip 12 million people worldwide with AI-ready skills by 2030, indicating an emphasis on upskilling employees. For small business owners, aligning this educational commitment with their own workforce training programs is essential to fully capitalize on these innovations. Moreover, as businesses increasingly adopt AI-driven solutions, small companies must consider the balance between leveraging advanced technologies and the associated requirements for data privacy and security. As they adopt new tools, small businesses need to remain vigilant about compliance with regulations that govern consumer data and AI usage. In summary, SAP’s innovations at TechEd 2025 promise to provide small businesses with powerful tools to harness AI and data effectively. By leveraging these technologies, entrepreneurs can drive transformation, enhance operational efficiency, and improve customer service. However, thoughtful implementation and ongoing training will be essential to navigate the complexities accompanying these technological transitions. Small business owners interested in exploring these opportunities can find more detailed information at the SAP News Center to stay informed on how these advancements may reshape their operational landscapes. Image via Google Gemini This article, "SAP Unveils AI Innovations to Empower Developers for Fast Business Impact" was first published on Small Business Trends View the full article

At the SAP TechEd 2025 event in Berlin, SAP SE unveiled groundbreaking innovations aimed at empowering developers and revolutionizing the integration of business data and artificial intelligence (AI) into real-world applications. Small business owners should take note: these advancements could provide significant opportunities for growth, efficiency, and innovation. SAP’s new offerings within the SAP Build solution are designed to enhance how developers create and automate applications. The latest features provide the autonomy to leverage popular development environments and tools, which can potentially reduce development time and costs—key considerations for small businesses with limited resources. “SAP’s announcements today give developers the tools they need to deliver at the speed of AI,” stated Muhammad Alam, a member of SAP’s Executive Board. This directive underscores SAP’s commitment to enhancing not just developer efficiency but also the overall business operations of companies that adopt its technologies. One highlight is the enhanced capabilities of SAP Build, which allows developers to use familiar tools like Visual Studio Code. A new extension for this software enables seamless integration with SAP Build, helping developers create applications directly within their preferred environments. Small businesses that utilize these development tools can build custom applications tailored to their specific needs without having to invest heavily in new software. A pivotal aspect for small businesses is the expanded data connectivity offered by the SAP Business Data Cloud. With new integrations featuring Snowflake, Databricks, and Google Cloud, businesses have the flexibility to operate their data workloads in environments they are comfortable with, ensuring they can extract valuable insights without compromising on data governance. This connectivity also streamlines the customer experience, as small businesses can create more personalized and responsive services. In addition to enhancing how businesses use data, SAP introduced SAP-RPT-1, a first-generation relational pre-trained transformer that helps companies predict key business outcomes, such as delivery delays and payment risks. This predictive capability is invaluable for small businesses that need to anticipate issues and strategize accordingly, allowing for proactive management that can lead to significant savings and improved service delivery. SAP’s AI assistants are another advancement that can benefit small businesses. These assistants can manage complex workflows and automate routine tasks across departments, from finance to human resources. This reduces the burden on small teams, enabling them to focus on growth and customer interaction rather than getting bogged down in repetitive tasks. However, despite the promising benefits, there are potential challenges that small business owners should be aware of. Transitioning to these new tools and technologies may require upfront investment in training and system updates. SAP has pledged to equip 12 million people worldwide with AI-ready skills by 2030, indicating an emphasis on upskilling employees. For small business owners, aligning this educational commitment with their own workforce training programs is essential to fully capitalize on these innovations. Moreover, as businesses increasingly adopt AI-driven solutions, small companies must consider the balance between leveraging advanced technologies and the associated requirements for data privacy and security. As they adopt new tools, small businesses need to remain vigilant about compliance with regulations that govern consumer data and AI usage. In summary, SAP’s innovations at TechEd 2025 promise to provide small businesses with powerful tools to harness AI and data effectively. By leveraging these technologies, entrepreneurs can drive transformation, enhance operational efficiency, and improve customer service. However, thoughtful implementation and ongoing training will be essential to navigate the complexities accompanying these technological transitions. Small business owners interested in exploring these opportunities can find more detailed information at the SAP News Center to stay informed on how these advancements may reshape their operational landscapes. Image via Google Gemini This article, "SAP Unveils AI Innovations to Empower Developers for Fast Business Impact" was first published on Small Business Trends View the full article

Claude chatbot maker signs partnership with UK-based Fluidstack to boost computing powerView the full article

We may earn a commission from links on this page. If you've got the funds and the need for more than one computer on your desk, then you may well want to use the same mouse and keyboard for both of them. It's more convenient if you're switching between systems, and it means you can find a keyboard and mouse combination you love and stick to it throughout. This is particularly helpful if you're working on a laptop and a desktop in tandem. Even the best laptops tend to have cramped keyboards, just through the limitations of the form factor, and a mouse is often preferable to a trackpad for several tasks (such as detailed image or video editing). Sharing your mouse and keyboard between computers is actually easier than you might think—and certainly a lot easier than it was several years ago. You've got different options available depending on the different platforms you're dealing with, and these are the tools for the job I'd recommend right now. If you're on Windows, use Mouse Without BordersMouse Without Borders is an official Microsoft program, but one of those official Microsoft programs that's more like a side project. It lets you control up to four computers using the same mouse and keyboard, as long as they're all running Windows. You don't need any complicated cabling or software setup: You just need the application installed on all the Windows computers you want to connect, and a mouse and keyboard plugged into one of them. On the first computer you set up the tool on, you'll be able to generate a code you can use to connect other computers. Mouse Without Borders on Windows. Credit: Lifehacker The main configuration screen lets you set the layout for your various Windows machines, which is important—to move from one system to another, you just drag the mouse cursor off the edge of one screen and on to another. The mouse and keyboard will interact with whatever computer the mouse cursor is currently active on. Mouse Without Borders also lets you create a universal, shared clipboard across every computer it's installed on, for easy transfer of files, text, and images. Note that Mouse Without Borders is also available as part of Microsoft PowerToys, a bundle of utilities that gives you a plethora of additional features and tweaks for Microsoft's operating system. If you're on macOS, use Universal ControlIf you're using two or more Macs together, Universal Control is the way to go for your keyboard- and mouse-sharing needs. The functionality is built right into macOS (and iPadOS), and works pretty seamlessly out of the box. Plus, it includes a lot more than the sharing of input devices. All you need is the latest version of macOS installed across your computers, the same Apple account linked to them all, and the mouse and keyboard you want to use as your main controllers. All your devices must have wifi and Bluetooth turned on, and your computers have to be fairly close together (as in, in the same room). Universal Control on macOS. Credit: Lifehacker You can find the relevant settings for this part of Universal Control by opening the Apple menu (top left), then choosing System Settings > Displays > Advanced—for best results, make sure every option here is enabled. With this done on every Mac, all that you need to do is push the mouse cursor through the left or right edge of the screen on your current Mac to switch control to the other one, depending on how they're positioned. This positioning can be tweaked via System Settings > Displays > Arrange, if needed. Universal Control goes beyond peripheral sharing, too—you can drag files across the screen edge border to transfer them between computers. You'll also find there's a shared clipboard available across your linked devices—so you can copy on one computer, and paste on the other. If you're on both Windows and macOS, use SynergyFor those bold enough to try and use both Windows and macOS machines on a regular basis, Synergy is the most comprehensive mouse and keyboard sharing software that I've come across. Once you've got it installed on every computer you want to connect, you can share a mouse and keyboard between all of them. When you've got the desktop client up and running, you're greeted with a straightforward interface that lets you manage all of the various options the program offers: You can set up how your computers are positioned in relation to each other, for example, and configure how the shared clipboard will work across different systems. Synergy on Windows. Credit: Lifehacker The Synergy app should be able to automatically add other computers with Synergy installed that are on your network, but you can do this manually too. Via the Screen layout tab you can customize how your screens are positioned, and designate the primary computer (connected to the keyboard and mouse you want to use). You can then just move the mouse cursor across your screens to switch between systems. Synergy will cost you (though there is a free trial available): It's a one-off fee of $29 for the standard software, which supports up to three computers. You can also pay a one-off fee of $49 for the Ultimate edition of Synergy, which works across as many as 15 different machines, and gives you other bonus extras such as custom hotkeys. If you prefer, use a keyboard-video-mouse (KVM) switchThere's one more option here, which is to use a traditional keyboard-video-mouse (KVM) switch. It's a device you plug your keyboard and mouse into, and then connect to both your computers. As the name suggests, it lets you share a single monitor between two systems as well, if you need to. Nowadays you'll sometimes see this described as a hub, which is a more modern term for it. These hubs often come built into high-end monitors, so you plug your keyboard and mouse into the monitor, and then the monitor connects to your various computers through its multiple display ports—and you use controls on the monitor to jump between your systems as needed. A 4K KVM switch Credit: Mleeda More advanced KVM switches or hubs have support for multiple monitors, and other accessories and peripherals on top, but the more features you want the more money you're going to have to spend. A basic one for two computers will set you back around $30, while a more advanced one with support for four computers and its own remote is going to be more like $105. A Bluetooth keyboard/mouse comboThe $35 Logitech K480 will work with just about anything that supports Bluetooth, including computers, smartphones, and tablets. With this, switching among devices is as easy as turning a dial on the side of the keyboard. View the full article

Sean Doyle’s appointment comes 18 months after retailer’s chair commented on X about what he saw as airline’s deteriorationView the full article

A little more than a year ago, Ryan Sprankle welcomed President Donald The President to one of the three grocery stores his family owns near Pittsburgh. The President was on the campaign trail; they talked about high grocery prices, and the Republican nominee picked up a bag of popcorn. But these days, Sprankle would have a different message if The President or any lawmakers visited his store. He wants them to know that delayed SNAP benefits during the government shutdown hurt his customers and his small, independent chain. “You can’t take away from the most needy people in the country. It’s inhumane,” Sprankle said. “It’s a lack of empathy and it’s on all their hands. The The President administration froze funding for the Supplemental Nutrition Assistance Program at the end of October, impacting food access for some 42 million Americans. On Monday, the U.S. Senate passed legislation that would reopen the federal government and replenish SNAP funds, but the U.S. House of Representatives still must consider the bill. It’s unclear when SNAP payments might resume if the government reopens. In 2024, SNAP recipients redeemed a little more than $96 billion in benefits, according to the U.S. Department of Agriculture, which administers the program. The majority — 74% —was spent at superstores and supermarkets, a category that includes big chains like Walmart and Kroger but also some independent stores like Sprankle’s. Around 14% was spent at smaller grocery and convenience stores, businesses often tucked into neighborhoods and more easily accessible to SNAP beneficiaries. A stalled economic engine Etharin Cousin, a former director of the United Nations World Food Program and founder of the nonprofit Food Systems for the Future, said the cutoff of SNAP benefits had immediate impacts on grocers and convenience stores of all sizes, most of which operate on slim profit margins of 1% to 2%. “SNAP isn’t just a social safety net for families. It’s also a local economic engine,” Cousin said. “SNAP benefits flow directly into neighborhoods, stores, regional distributors and community jobs.” Walmart declined to comment on the impact of the SNAP funding lapse but noted that it has been lowering prices and donating to local food banks. Kroger also declined to comment. Shoppers not receiving their food benefits affects all retailers but becomes “a big problem more quickly” at small chains, Sprankle said. His Kittanning, Pennsylvania, store gets 25% of its revenue from SNAP, but customers who don’t get government assistance also are worried about the shutdown, according to Sprankle. They’re spending less, trading down to cheaper goods or heading to food banks, he said. Sprankle said lower sales cut into the overtime he can offer to the chain’s 140 employees. Many are worried about losing their jobs, he said. “They have families to feed, they have kids for buy gifts for,” he said. “If I have to sell my truck, we’re going to give Christmas bonuses.” Liz Abunaw, the owner and operator of Forty Acres Fresh Market in Chicago, recently saw a customer putting back a full cart of groceries because she couldn’t afford them without SNAP. Abunaw opened the supermarket in September after years spent selling produce at pop-up markets and in delivery boxes. Only about 12% of Abunaw’s revenue comes from SNAP benefits right now, she said. But without it — or if SNAP recipients spend less money in her store — it will slow Forty Acres’ growth and make it harder to pay the workers, suppliers and farmers who depend on her, she said. “SNAP is currency. I get money I then use in this economy. It’s not a food box,” Abunaw said. “The economic impact of SNAP is larger than the dollars spent.” From neighborhood shops to food pantries The suspended food aid also had an immediate impact on Kanbe’s Markets, a nonprofit that stocks produce in coolers at 110 convenience stores around Kansas City, Missouri. Kanbe’s distributes a mixture of donated food and food purchased from wholesalers to keep prices low, founder and CEO Maxfield Kaniger said. Kanbe’s also distributes free food to 50 food pantries and soup kitchens around the city. Kaniger said some of the convenience stores he works with saw their sales drop 10% in the days after Nov. 1, when SNAP benefits weren’t paid. At the same time, the food pantries he supplies asked for double or triple their usual orders. Because it’s giving away more food than usual, Kanbe’s has to spend more buying produce for the coolers it stocks. It’s frustrating for Kaniger, who must make decisions quickly before food spoils. “It should be enough that people are going without food. Period, end of sentence. People going without food is wrong,” he said. Babir Sultan sells berries, lemons, potatoes, bananas and other produce from Kanbe’s at his four FavTrip convenience stores in the Kansas City area. His stores are in food deserts, far from other groceries or big retailers, he said, so it’s important to him to stock fresh produce for those neighborhoods. Sultan said foot traffic at his stores fell 8% to 10% in early November after SNAP funding ceased. He decided to offer $10 of free produce to SNAP beneficiaries but said he’s also happy to help out other customers who might be struggling right now. “If you’re in need, just ask, we’ll take care of you,” Sultan said. “Everybody is affected whenever the customer is feeling the pinch.” Durbin reported from Detroit. Associated Press data journalist Kasturi Pananjady in Philadelphia contributed to this report. —Dee-Ann Durbin, AP Business Writer View the full article

Circle Internet Group released its third-quarter earnings on Wednesday, November 12, announcing a 66% jump in revenue and reserve income year-over-year (YOY). The $740 million figure stemmed, in large part, from a 97% increase YOY of average USDC in circulation. USDC, Circle’s flagship cryptocurrency stablecoin, is pegged to the U.S. dollar. It’s also one of the largest stablecoins in the world. In August, Circle announced Arc, a public blockchain designed specifically for stablecoins, such as USDC. In the earnings report, Circle claimed that over 100 companies are taking part in the launch of Arc public testnet. Jeremy Allaire, cofounder, CEO, and chairman at Circle, said the test was “met with extraordinary enthusiasm from partners across traditional and digital finance—evidence of the deep and diverse ecosystem forming around open, programmable money.” Furthermore, Circle reported a net income of $214 million, a 202% improvement YOY. Notably, this is only Circle’s second earnings report after going public in June. All YOY figures are reported by Circle based on private earnings during quarter three 2024. CRCL takes a tumble in premarket trading Despite impressive revenue and net income growth, Circle shares (NYSE:CRCL) still took a tumble. After already closing 5.57% down on Wednesday, the drop continued in premarket trading on Thursday, falling more than 5%. One factor could be Circle raising its expected 2025 adjusted operating expenses from between $475 million and $490 million to $495 million and $510 million. Circle blamed the updated outlook on “growing investment in building our platform, capabilities and global partnerships to meet the accelerating market interest and opportunity, as well as higher payroll taxes anticipated from option exercises.” New York-based Circle Internet Group’s IPO was one of the most high-profile listings of the year. After shares were priced at $31, they reached a high of close to $300 less than a month after their market debut. But the stock price has swung wildly since then. It’s down roughly 28% over the last month as of Tuesday’s close. View the full article

If you want to close more deals, comprehending effective sales strategies is essential. Start by actively listening to your customers and addressing their specific pain points. Highlight your product’s value with testimonials, and learn how to differentiate yourself from competitors. Use visuals to improve your message and be prepared to overcome objections with empathy. By grasping what motivates your customers, you can encourage decision-making. Explore these seven secrets to boost your sales success. Key Takeaways Actively listen to customers to uncover their true pain points and tailor your approach accordingly. Use empathy to address objections, validating concerns while reinforcing the product’s value and benefits. Share testimonials and case studies to build credibility and demonstrate successful outcomes relevant to the customer. Craft a unique selling proposition that highlights your offering’s distinct benefits and addresses overlooked pain points. Encourage decisive actions by guiding customers towards making clear decisions, fostering trust and strengthening relationships. Secret #1: Listen. Ask Questions. Use Your Ears How can you truly understand your prospects and their needs? Start by actively listening. This vital skill helps you uncover their true pain points and allows you to tailor solutions that resonate with their specific challenges. Use open-ended questions to encourage prospects to share more information, revealing their motivations and concerns. Employing a consultative selling approach nurtures trust and positions you as a knowledgeable peer. Techniques like “peeling the onion” help you explore deeper into their problems, identifying underlying issues. This effective listening not just boosts customer engagement but also increases your chances of closing deals. For the best sales advice, remember these sales tips for success: listen, ask questions, and truly use your ears. Secret #2: Demonstrate Your Value With Other Customers One effective way to build trust with potential customers is by demonstrating your value through the success of other clients. Sharing testimonials and case studies can help prospects visualize the benefits your product or service offers. Highlighting specific results, like increased sales percentages or improved efficiency, reinforces your credibility. This kind of sales advice is invaluable, as it showcases the tangible value of your offering. Utilizing social proof, such as client success stories, alleviates fears about making a change, showing evidence of successful outcomes from similar businesses. Incorporating third-party endorsements can further bolster trust, as comparisons with competitors clarify what sets your offering apart. These strategies are among the top sales tips to improve your effectiveness in closing deals. Secret #3: Differentiate Yourself To stand out in a competitive market, you need a unique selling proposition that directly addresses your prospects’ pain points. Crafting compelling messaging that highlights these specific needs will resonate more effectively with your audience. Unique Selling Proposition In a competitive marketplace, effectively differentiating yourself hinges on a well-articulated unique selling proposition (USP) that clearly communicates how your product or service solves specific problems that others may overlook. A compelling USP not only sets you apart but additionally resonates with potential customers. To craft an effective USP, consider these key elements: Identify specific pain points your competitors miss. Highlight the unique benefits and value your offering provides. Use actionable messaging that speaks directly to your target audience’s challenges. Reinforce your USP through testimonials and case studies for improved credibility. Research shows that businesses with a defined USP are 64% more likely to attract attention, increasing the chances of closing more deals. Address Pain Points After establishing a unique selling proposition that differentiates your offerings, the next step is to address the specific pain points of your prospects. Tailor your messaging to resonate with their unique challenges and needs, highlighting how your product or service meets unrecognized requirements that competitors overlook. Create a strong first impression by demonstrating a clear comprehension of their issues and explaining how your solution adds value to their situation. Utilize testimonials and case studies that directly relate to your target audience’s pain points, reinforcing the credibility of your offerings. Finally, continuously refine your approach based on feedback and insights from prospects, ensuring your messaging remains relevant and impactful in addressing their concerns effectively. Compelling Messaging Strategies Differentiating yourself in a competitive environment is essential for capturing the attention of potential customers, as a unique message can set you apart from others in your industry. To effectively communicate your uniqueness, focus on the following strategies: Identify specific pain points your product addresses, ensuring your message resonates with prospects. Highlight unique features that distinguish your offering from competitors, especially those that meet unrecognized needs. Share testimonials and case studies to provide social proof, reinforcing the credibility of your solutions. Deliver your message in an engaging and concise manner, creating urgency and prompting prospects to act. Secret #4: Use Visuals To Convey Your Message Using visuals can dramatically improve the effectiveness of your sales presentations. High-quality images, videos, and infographics elevate message clarity and retention, making it easier for prospects to grasp your solutions. By creating a compelling narrative with visuals, you engage your audience, increasing their interest in your product or service. Effective visuals can likewise evoke urgency, prompting quick decision-making by contrasting options and highlighting key benefits. Here’s a quick comparison of visual types: Visual Type Benefits Images Elevate clarity and retention Infographics Simplify complex concepts Videos Create engaging narratives Integrating professional-grade visuals reinforces your credibility and illustrates complex ideas in relatable ways. Avoid low-quality visuals to maintain trust. Secret #5: Overcoming Objections in Sales When a prospect raises objections, it’s actually a sign of their interest and engagement with your proposal. By responding with empathy and comprehension of their concerns, you can build trust and tailor your approach to meet their needs more effectively. Furthermore, using factual information and customer testimonials can help alleviate doubts, reinforcing the value of your offering and boosting the prospect’s confidence in their decision. Understanding Buyer Engagement Buyer engagement often reveals itself through objections, which can indicate that your prospect is seriously considering your proposal. Comprehending these objections is essential for closing deals effectively. To address them, consider the following strategies: Demonstrate value: Clearly communicate how your offering meets the prospect’s needs to justify the cost. Provide factual information: Align your product benefits with the buyer’s specific concerns to alleviate doubts. Showcase success stories: Use testimonials and case studies to build credibility and reduce fears of change. Validate concerns: Show empathy toward the buyer’s objections to build trust and rapport, making them feel heard. Responding With Empathy Objections are a natural part of the sales process, and how you respond to them can make a significant difference in your success. Responding with empathy is essential, as it helps you understand and address customer concerns effectively. Start by actively listening to their objections and validating their feelings; this builds trust and rapport. When you show empathy, you can reframe objections as opportunities to highlight your product’s value, leading to higher closing rates. Research shows that empathetic communication boosts customer satisfaction, making clients more likely to engage with you in the future. By grasping the emotional drivers behind objections, you can tailor your responses to resonate with prospects, ensuring they feel heard and valued during the conversation. Building Trust Through Success Building trust is essential in sales, especially as you navigate the common challenges of overcoming objections. When prospects voice their concerns, view it as engagement; it’s an opportunity to build credibility. Here are some effective strategies: Address price objections by highlighting the value your product offers. Use empathy to understand and validate their concerns, reinforcing that you’re listening. Share past customer successes and testimonials to alleviate fears and demonstrate proven results. Redirect the conversation to solutions that align with their needs, clarifying benefits. Secret #6: Understand What Motivates Your Customers Grasping what motivates your customers is fundamental for effective sales. Invest time in learning their needs, challenges, and fears, as this insight can create mutually beneficial outcomes. Recognizing pain points is significant since customers engage more when they see how your solution addresses their specific issues. Tailoring your offerings to meet unique needs improves the perceived value, increasing your chances of closing the deal. Moreover, educating customers about the benefits of your product builds trust, moving them further along the sales funnel. Engaging with customers in a way that aligns with their motivations not just improves rapport but also raises the likelihood of repeat business, making it essential to focus on their driving factors during the sales process. Secret #7: Push for a Decision During the course of guiding the sales process, it’s crucial to push for a decision, as this can greatly reduce uncertainty for both you and your customer. Aiming for a clear “yes” or “no” helps move things along. Here are some key points to remember: Always ask for a decision rather than just a purchase, clarifying the customer’s stance. Recognize that any decision, positive or negative, moves the sales process forward. Prioritize scheduling the next step; a follow-up meeting shows commitment. Driving conversations in the direction of decisions nurtures stronger relationships, increasing trust and engagement. Frequently Asked Questions What Are the 7 C’s in Sales? The 7 C’s in sales are crucial for effective communication. They include Clarity, ensuring your message is easily grasped; Conciseness, which keeps your information brief and engaging; Consistency, building trust through aligned messaging; Correctness, emphasizing the importance of accurate information; Completeness, providing all necessary details; Courtesy, maintaining a respectful tone; and Consideration, comprehending your prospect’s perspective. Utilizing these principles can greatly improve your sales conversations and increase your chances of success. What Are the 7 Keys to Sales? The seven keys to sales are crucial for improving your effectiveness. First, understand the sales process to guide your approach. Next, identify decision-makers to target your efforts. Qualifying prospects guarantees you focus on the right leads. Use a consultative selling approach to tailor solutions, and pitch effectively to convey value. Implement follow-up strategies to maintain engagement, and create urgency to encourage quicker decisions. These keys can improve your overall sales performance considerably. What Are the 7 Essential Selling Skills Every Sales Person Should Know? Every salesperson should master vital skills to succeed. First, comprehension of customer needs is critical; it allows you to tailor solutions effectively. Second, effective questioning uncovers deeper insights into prospects’ pain points. Third, demonstrating value through testimonials boosts credibility. Fourth, you must develop strong follow-up strategies to nurture leads. Fifth, handling objections gracefully can turn challenges into opportunities. Finally, continuous learning and adaptability keep you ahead in an ever-changing sales environment. What Are the 7 Steps to Successful Selling? The seven steps to successful selling are essential for achieving sales goals. First, you start with prospecting to identify potential customers. Next, you qualify leads to guarantee they fit your target market. Then, you present solutions customized to their needs. After that, you handle objections by listening and addressing concerns. Closing the sale follows, where you finalize the agreement. Finally, you follow up and nurture relationships to encourage repeat business and referrals. Conclusion In conclusion, applying these seven sales tips can greatly improve your ability to close deals. By actively listening and comprehending customer motivations, you can address pain points effectively. Demonstrating your value through testimonials and differentiating yourself from competitors is essential. Utilizing clear visuals helps convey your message, whereas overcoming objections with empathy cultivates trust. Finally, encouraging decision-making through commitments and follow-ups will streamline the sales process, ultimately resulting in more successful outcomes in your sales efforts. Image via Google Gemini This article, "Top Sales Tips – 7 Secrets to Close More Deals" was first published on Small Business Trends View the full article

If you want to close more deals, comprehending effective sales strategies is essential. Start by actively listening to your customers and addressing their specific pain points. Highlight your product’s value with testimonials, and learn how to differentiate yourself from competitors. Use visuals to improve your message and be prepared to overcome objections with empathy. By grasping what motivates your customers, you can encourage decision-making. Explore these seven secrets to boost your sales success. Key Takeaways Actively listen to customers to uncover their true pain points and tailor your approach accordingly. Use empathy to address objections, validating concerns while reinforcing the product’s value and benefits. Share testimonials and case studies to build credibility and demonstrate successful outcomes relevant to the customer. Craft a unique selling proposition that highlights your offering’s distinct benefits and addresses overlooked pain points. Encourage decisive actions by guiding customers towards making clear decisions, fostering trust and strengthening relationships. Secret #1: Listen. Ask Questions. Use Your Ears How can you truly understand your prospects and their needs? Start by actively listening. This vital skill helps you uncover their true pain points and allows you to tailor solutions that resonate with their specific challenges. Use open-ended questions to encourage prospects to share more information, revealing their motivations and concerns. Employing a consultative selling approach nurtures trust and positions you as a knowledgeable peer. Techniques like “peeling the onion” help you explore deeper into their problems, identifying underlying issues. This effective listening not just boosts customer engagement but also increases your chances of closing deals. For the best sales advice, remember these sales tips for success: listen, ask questions, and truly use your ears. Secret #2: Demonstrate Your Value With Other Customers One effective way to build trust with potential customers is by demonstrating your value through the success of other clients. Sharing testimonials and case studies can help prospects visualize the benefits your product or service offers. Highlighting specific results, like increased sales percentages or improved efficiency, reinforces your credibility. This kind of sales advice is invaluable, as it showcases the tangible value of your offering. Utilizing social proof, such as client success stories, alleviates fears about making a change, showing evidence of successful outcomes from similar businesses. Incorporating third-party endorsements can further bolster trust, as comparisons with competitors clarify what sets your offering apart. These strategies are among the top sales tips to improve your effectiveness in closing deals. Secret #3: Differentiate Yourself To stand out in a competitive market, you need a unique selling proposition that directly addresses your prospects’ pain points. Crafting compelling messaging that highlights these specific needs will resonate more effectively with your audience. Unique Selling Proposition In a competitive marketplace, effectively differentiating yourself hinges on a well-articulated unique selling proposition (USP) that clearly communicates how your product or service solves specific problems that others may overlook. A compelling USP not only sets you apart but additionally resonates with potential customers. To craft an effective USP, consider these key elements: Identify specific pain points your competitors miss. Highlight the unique benefits and value your offering provides. Use actionable messaging that speaks directly to your target audience’s challenges. Reinforce your USP through testimonials and case studies for improved credibility. Research shows that businesses with a defined USP are 64% more likely to attract attention, increasing the chances of closing more deals. Address Pain Points After establishing a unique selling proposition that differentiates your offerings, the next step is to address the specific pain points of your prospects. Tailor your messaging to resonate with their unique challenges and needs, highlighting how your product or service meets unrecognized requirements that competitors overlook. Create a strong first impression by demonstrating a clear comprehension of their issues and explaining how your solution adds value to their situation. Utilize testimonials and case studies that directly relate to your target audience’s pain points, reinforcing the credibility of your offerings. Finally, continuously refine your approach based on feedback and insights from prospects, ensuring your messaging remains relevant and impactful in addressing their concerns effectively. Compelling Messaging Strategies Differentiating yourself in a competitive environment is essential for capturing the attention of potential customers, as a unique message can set you apart from others in your industry. To effectively communicate your uniqueness, focus on the following strategies: Identify specific pain points your product addresses, ensuring your message resonates with prospects. Highlight unique features that distinguish your offering from competitors, especially those that meet unrecognized needs. Share testimonials and case studies to provide social proof, reinforcing the credibility of your solutions. Deliver your message in an engaging and concise manner, creating urgency and prompting prospects to act. Secret #4: Use Visuals To Convey Your Message Using visuals can dramatically improve the effectiveness of your sales presentations. High-quality images, videos, and infographics elevate message clarity and retention, making it easier for prospects to grasp your solutions. By creating a compelling narrative with visuals, you engage your audience, increasing their interest in your product or service. Effective visuals can likewise evoke urgency, prompting quick decision-making by contrasting options and highlighting key benefits. Here’s a quick comparison of visual types: Visual Type Benefits Images Elevate clarity and retention Infographics Simplify complex concepts Videos Create engaging narratives Integrating professional-grade visuals reinforces your credibility and illustrates complex ideas in relatable ways. Avoid low-quality visuals to maintain trust. Secret #5: Overcoming Objections in Sales When a prospect raises objections, it’s actually a sign of their interest and engagement with your proposal. By responding with empathy and comprehension of their concerns, you can build trust and tailor your approach to meet their needs more effectively. Furthermore, using factual information and customer testimonials can help alleviate doubts, reinforcing the value of your offering and boosting the prospect’s confidence in their decision. Understanding Buyer Engagement Buyer engagement often reveals itself through objections, which can indicate that your prospect is seriously considering your proposal. Comprehending these objections is essential for closing deals effectively. To address them, consider the following strategies: Demonstrate value: Clearly communicate how your offering meets the prospect’s needs to justify the cost. Provide factual information: Align your product benefits with the buyer’s specific concerns to alleviate doubts. Showcase success stories: Use testimonials and case studies to build credibility and reduce fears of change. Validate concerns: Show empathy toward the buyer’s objections to build trust and rapport, making them feel heard. Responding With Empathy Objections are a natural part of the sales process, and how you respond to them can make a significant difference in your success. Responding with empathy is essential, as it helps you understand and address customer concerns effectively. Start by actively listening to their objections and validating their feelings; this builds trust and rapport. When you show empathy, you can reframe objections as opportunities to highlight your product’s value, leading to higher closing rates. Research shows that empathetic communication boosts customer satisfaction, making clients more likely to engage with you in the future. By grasping the emotional drivers behind objections, you can tailor your responses to resonate with prospects, ensuring they feel heard and valued during the conversation. Building Trust Through Success Building trust is essential in sales, especially as you navigate the common challenges of overcoming objections. When prospects voice their concerns, view it as engagement; it’s an opportunity to build credibility. Here are some effective strategies: Address price objections by highlighting the value your product offers. Use empathy to understand and validate their concerns, reinforcing that you’re listening. Share past customer successes and testimonials to alleviate fears and demonstrate proven results. Redirect the conversation to solutions that align with their needs, clarifying benefits. Secret #6: Understand What Motivates Your Customers Grasping what motivates your customers is fundamental for effective sales. Invest time in learning their needs, challenges, and fears, as this insight can create mutually beneficial outcomes. Recognizing pain points is significant since customers engage more when they see how your solution addresses their specific issues. Tailoring your offerings to meet unique needs improves the perceived value, increasing your chances of closing the deal. Moreover, educating customers about the benefits of your product builds trust, moving them further along the sales funnel. Engaging with customers in a way that aligns with their motivations not just improves rapport but also raises the likelihood of repeat business, making it essential to focus on their driving factors during the sales process. Secret #7: Push for a Decision During the course of guiding the sales process, it’s crucial to push for a decision, as this can greatly reduce uncertainty for both you and your customer. Aiming for a clear “yes” or “no” helps move things along. Here are some key points to remember: Always ask for a decision rather than just a purchase, clarifying the customer’s stance. Recognize that any decision, positive or negative, moves the sales process forward. Prioritize scheduling the next step; a follow-up meeting shows commitment. Driving conversations in the direction of decisions nurtures stronger relationships, increasing trust and engagement. Frequently Asked Questions What Are the 7 C’s in Sales? The 7 C’s in sales are crucial for effective communication. They include Clarity, ensuring your message is easily grasped; Conciseness, which keeps your information brief and engaging; Consistency, building trust through aligned messaging; Correctness, emphasizing the importance of accurate information; Completeness, providing all necessary details; Courtesy, maintaining a respectful tone; and Consideration, comprehending your prospect’s perspective. Utilizing these principles can greatly improve your sales conversations and increase your chances of success. What Are the 7 Keys to Sales? The seven keys to sales are crucial for improving your effectiveness. First, understand the sales process to guide your approach. Next, identify decision-makers to target your efforts. Qualifying prospects guarantees you focus on the right leads. Use a consultative selling approach to tailor solutions, and pitch effectively to convey value. Implement follow-up strategies to maintain engagement, and create urgency to encourage quicker decisions. These keys can improve your overall sales performance considerably. What Are the 7 Essential Selling Skills Every Sales Person Should Know? Every salesperson should master vital skills to succeed. First, comprehension of customer needs is critical; it allows you to tailor solutions effectively. Second, effective questioning uncovers deeper insights into prospects’ pain points. Third, demonstrating value through testimonials boosts credibility. Fourth, you must develop strong follow-up strategies to nurture leads. Fifth, handling objections gracefully can turn challenges into opportunities. Finally, continuous learning and adaptability keep you ahead in an ever-changing sales environment. What Are the 7 Steps to Successful Selling? The seven steps to successful selling are essential for achieving sales goals. First, you start with prospecting to identify potential customers. Next, you qualify leads to guarantee they fit your target market. Then, you present solutions customized to their needs. After that, you handle objections by listening and addressing concerns. Closing the sale follows, where you finalize the agreement. Finally, you follow up and nurture relationships to encourage repeat business and referrals. Conclusion In conclusion, applying these seven sales tips can greatly improve your ability to close deals. By actively listening and comprehending customer motivations, you can address pain points effectively. Demonstrating your value through testimonials and differentiating yourself from competitors is essential. Utilizing clear visuals helps convey your message, whereas overcoming objections with empathy cultivates trust. Finally, encouraging decision-making through commitments and follow-ups will streamline the sales process, ultimately resulting in more successful outcomes in your sales efforts. Image via Google Gemini This article, "Top Sales Tips – 7 Secrets to Close More Deals" was first published on Small Business Trends View the full article

We may earn a commission from links on this page. Sometimes, determining which projects you should devote your time and energy to first takes energy you don’t have to spare (which is why I have tips for how to do it). But even when you know what tasks need to be done, you still need to figure out how to prioritize them, so you can tackle them in the right order while giving each the amount of attention and resources they actually need. Here's where you can use the 3-3-3 method. What is the 3-3-3 method?This technique comes from Oliver Burkeman, author of Four Thousand Weeks: Time Management for Mortals. He advocates planning each workday around a 3-3-3 model: First devote three hours to deep work on your most important project. Next, complete three other urgent tasks that don’t require three hours of focus. Finally, do three “maintenance” tasks, like cleaning, answering emails, or scheduling other work. Other productivity techniques, like the pomodoro method, call for you to engage in deep work, or completely uninterrupted work with no distractions, so consider tapping into one of those first three hours if you want to make the most of a 3-3-3 approach. Four Thousand Weeks by Oliver Burkeman $11.82 at Amazon $19.00 Save $7.18 Shop Now Shop Now $11.82 at Amazon $19.00 Save $7.18 To figure out which of the above categories a task fits into, I recommend a prioritization method like the Eisenhower matrix, which involves using a quadrant system to divvy up your responsibilities by urgency and importance. You'll want to consider not only how timely the things you need to do are, but also how many resources they'll consume. Remember not to overestimate the amount of time your tasks will take you—the longer you give yourself to work on something, the more you'll naturally drag out your work, which hampers productivity. Be firm with yourself when deciding how long to allot for a major, resource-heavy task. If you don't consider yourself a morning person and aren't sure you can jump into a heavy workload right away in the day, it's not necessarily a problem. I've written about the value of eating the frog—or, rather, tackling your biggest task of the day right away when you get up, which is a part of the traditional 3-3-3 structure—and though I've tried it myself, I'm just not that kind of person. It doesn't mean I can't work within a 3-3-3 framework, so don't feel like you can't, either. Play around with the technique, maybe by starting later in the morning and pushing your lunch back. I find this approach helpful because, truthfully, I really only buckle down around 10:30 every day. Because I am a slower person in the morning, I rearrange my 3-3-3s, tackling maintenance tasks earlier in the day, which keeps me feeling motivated and productive—getting things like answering emails out of the way clears my mind so I can focus on my bigger tasks more easily later. The key to succeeding with a technique like this isn't forcing yourself to fit a mold, but molding the method to your own best working habits, giving yourself a little extra structure, within reason. The goal here is to be discerning about what you take on in a day and work in the right order to maximize productivity, but you have a little wiggle room, so try a few approaches to your schedule to see what works. Why the 3-3-3 method worksWhat distinguishes this method from other productivity hacks are those three hours of deep work. Usually, jumping into them first means you’ll be fresh, focused, and more likely to be able to focus on a task without getting distracted. Regardless of if you stick to the traditional structure of doing three hours of deep work first in your day or mess with the 3-3-3 schedule, make sure to keep those three hours free of emails, texts, chit-chat, or other menial duties, to the best of your ability. Deep work yields major productivity, so you’ll get a lot accomplished if you commit to it, but you can’t stay in that mindset forever. You’ll top out after about three hours, so it’s best to have those three other, smaller tasks lined up and ready to go so you can stay productive even while downshifting into less demanding responsibilities. After three hours in the zone, you should find that those tasks are easier. Finally, your maintenance tasks give you a chance to get things done while giving your brain a rest. Use your maintenance time to prepare for the following day’s work, put finishing touches on whatever you were working on during those three hours of intense focus, or, like me, get the most boring things over with so you can think about something else. You can use this technique to tackle seven different tasks of varying urgency levels or to break one major project down into smaller chunks, depending on what your day needs. Just be sure to stick with the process. View the full article

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