How interest rate and exchange rate changes the sales of a local good?
Q. How interest rate and exchange rate changes the sales of a local good?
Asked by Ho Him L - Fri May 26 04:24:25 2006 - - 1 Answers - 0 Comments

A. Changes in interest rate will influence the ability of people to afford the product. (Higher rate, less disposable income, less buyers) Exchange rate will influence the ability of foreign products to compete with the product. Your exchange rate strengthens, imports become cheaper/ more competitive.
Answered by Piet Strydom - Fri May 26 08:10:11 2006

What types of advertising work best for local small businesses?
Q. I own a local small insurance & financial services agency and would like to know what types of marketing are most likely to draw the interest of local households? (Postcards, office sinage, incentive programs, free coffee & doughnuts?)
Asked by Andrew F - Mon Feb 18 10:31:58 2008 - - 2 Answers - 0 Comments

A. You probably know word of mouth is your best local advertising. The key is to make your current customers want to tell their friends and family about your company. Great customer service is the easiest way. We have used postcards with ads saying bring in this postcard for a "free, no obligation" whatever. That way we can track if they are worthwhile or not. (some are, some aren't) We also use cheap methods like putting our name & ph on pens and fridge magnets, free for the taking in our office or some times we include them in mail we send to our customers. It's more expensive, but we also co-sponsor a youth sports team. Those kids are wearing our name, phone # and website address everywhere they go. We have added new clients from this… [cont.]
Answered by fighting saints - Mon Feb 18 13:55:25 2008

What's the best way to sit on my money, and has a high interest rate?
Q. Hi, I have been putting my money into an ordinary savings account from my local bank, but the interest rate isn't very high, would it be better to place it ion a Money Market Fund or find a savings account at somewhere like WaMu? The stock market is a little to unstable for me right now and would like to stay away form any high risk investments. Any Advice?
Asked by sexy steeler's fan - Fri Sep 19 22:01:26 2008 - - 7 Answers - 0 Comments

A. What I did is trading forex through a couple of online brokers like www.fxpro.com or www.eglobal-forex.com and using only Expert Adviser (EA), an automatic trading tool that will do the trading for you which will minimized the risk when trading manually. For the EA I used from www.viking234.com and they give me a magnificent monthly gain ranging from 8-30%! Check for scam thru Google: click www.fxpro.com scam or www.eglobal-forex.com scam. The other important thing is the tool for online trading such as the EA I currently used. I don't know about you but it works for me...
Answered by Johninvest - Sun Sep 21 15:39:01 2008