General Motors will Succeed – Here’s Why

Although General Motors saw a 2.5% slide in sales for the month of February, things are looking better for the automaker than they did just a couple of months ago. The biggest worry for General Motors in the 4th quarter of 2005 was the possible strike of Delphi workers. Delphi is General Motors’ largest parts supplier and a strike would cripple production and leave GM assembly lines at a stand still, almost certainly putting the worlds largest automaker into bankruptcy. However, as Delphi and the UAW continue to work toward a solution this seems far less likely than back in early December. General Motors has also made progress with the UAW in terms of health care and other legacy costs.

At a time when GM is aligning its production capacity with its market share, the General is investing more money into R&D. Clearly General Motors understands that the best long-term solution is to build great cars that people actually want to buy.

On the product front, the long anticipated Chevrolet Tahoe and GMC Yukon are selling extremely well. So well that General Motors is having a hard time keeping up with demand. This is a great sign for the new line of pick-up trucks GM plans to introduce later this year. Pontiac is riding high on strong Solstice sales, and Saturn is getting ready with a product offensive that should move the brand into a more up-scale position, while also attracting new buyers.

Of course some areas still need attention. GM is working to beef up its sedan offerings. The new Impala is a great start, though it lacks the design chutzpah that Detroit was once known for. The Cobalt and Pontiac Pursuit are a definite improvement over the Cavalier and Sunfire. However, the Cobalt and Pursuit benchmarked the previous generation Volkswagen Jetta which has been replaced with a more sophisticated offering.

This leaves the Cobalt and Pursuit a generation behind in terms of vehicle dynamics and engineering. You only need to look at the Honda Civic to realize that even small cars have to be smart and sophisticated. As Toyota prepares to introduce the next generation Camry with available hybrid technology, General Motors will have to invest significant resources to bring its hybrid program up to speed. Even without the hybrid option, the 2007 Camry looks like the 800 pound gorilla in the family sedan category. With the availability of a 3.5L V6 producing over 265hp, the Camry hopes to shed its image as a boring family sedan.

Buick is in serious trouble and GM knows it. Some inside the company want to “Oldsmobile” it. The brand shouldn’t be dropped. Get some of the guys and gals from Cadillac over to Buick ASAP. It’s a brand worth keeping but only if they go after a younger audience. Buick has lost its confidence and the only way they’ll get it back is by building a competent, exciting family sedan with rear wheel drive and a strong V6 or V8. The Chrysler 300C would have been a hell of a Buick. As for Saab, some say get rid of it. I say keep it. With sales growing on the back of the “born from Jets” ad campaign, Saab is ready for prime time. The Saab brand has a strong identity but it needs a strong line-up to get competitive. Stop offering hand-me-downs from other divisions and start investing some time and effort into the brand. With sales of Volvo surging over the last few years there is no reason why Saab can’t grow as well.

It’s time for General Motors to let the designers create cutting edge cars, and let the engineers develop industry leading technologies. All said and done I know General Motors has the talent and ability to design and build good products. Over the next 12-24 months I think we’ll see a company that has come back from the brink, becoming leaner and meaner, ready to take on the best automobile manufacturers from around the world. Good luck!

What Are the Best Selling Products Online?

If you’re thinking of starting an Internet business, you’ll eventually start thinking about whether you should be promoting the best-selling products online.

It’s no surprise that online shopping has become a multi-billion dollar industry worldwide in recent years. This has led to many people starting Internet businesses promoting and selling a huge range of different products and services. In fact, the Internet is responsible for more people than ever before becoming millionaires from the profits they make with their online enterprises.

So, if you’re only just starting out, how do you find the best-selling products online?

Top 10 Best-Selling Products Online

The actual list of products that people sell over the Internet is enormous. People really do buy an amazingly diverse range of things online, so you can literally choose from thousands of different products to sell in your business.

However, there are some items that always tend to sell far better over the Internet than others. These are:

  1. Books
  2. Computers
  3. Software programs
  4. Electronic items
  5. Clothing and apparel
  6. Kid’s toys and games
  7. DVDs
  8. Health and beauty products
  9. Music
  10. Jewelry

Should You Aim at the Best-Selling Products Online for Your Business?

The fact that some products obviously sell far more than others is clear. However, that doesn’t always mean you should aim at those particular niches for your own business.

It’s important to remember that the really large sectors of the market are likely to be saturated with competition. Your little business will be competing with huge companies with plenty of resources. They have a larger marketing budget than you. They also have more experience in attracting the attention they need.

Yet you don’t necessarily need to choose your business’s products from the top 10 list. It’s very possible for you to generate plenty of profits by choosing products that fit within any niche at all.

This is because there are plenty of potential customers online searching for whatever you decide to sell. You just need to know how to find them and get them to your website.

Big Ticket Items vs. Small Ticket Items

Many new online business owners struggle to choose between big-ticket items and cheaper, small ticket items when they choose products to sell. Big-ticket items are those that come with high price tags. You only need to sell one or two items to make your profits.

Small ticket items are those cheap products that you can sell lots of very quickly and easily. The downside is the smaller profit margin, so you need to make lots of sales to keep your profits up.

The most successful Internet businesses work on ways to incorporate both types of products into their range, along with some mid-priced items as well. This lets them sell the small ticket items for quick cash flow and to gain a customer.

From there, the opportunity exists to upsell that customer to a more expensive product that might compliment the first item they bought. This increases profits nicely.

Searching for the best-selling products online to add to your business offerings is a great idea. Just be sure that you also work on ways to diversify your business revenue at the same time. This will ensure your business always stays profitable.

Internet Marketing Tips: What You Need To Know About Selling Products Online

Selling products online isn’t something that only big retailers do. There is plenty of scope for individuals to make good money.

There is no end to the amount of products that can be sold online. Just as long as there is a market for it, it can be sold. This being the case, it’s possible to tailor your business to anything that has a market that you would like to sell. Your success will depend on how well you research the market, how much demand there is for your product and of course a touch of luck. Products as diverse as children’s bicycles to food to precious stones can be sold online.

One of the big benefits of selling products online is that you won’t need the traditional sales location of a shop. You’ll just need somewhere to store your stock, and if your stock is digitally downloaded, then you won’t even really need that.

The big stores don’t usually get into specialist niches so that also provides an opportunity for financial success. Online stores don’t generally need a lot of employees either, unless you make it as big as a site like Amazon has. This means that your overheads will be considerably smaller than a traditional bricks and mortar business.

When it comes to selecting a product to sell online, there are different business models on offer. For example, you could resell a product that has been developed by somebody else, such as an ebook or a piece of software. You’ll need to know what the conditions of sale are from the original owner of the product and it’s also wise to know the product and what it can do inside and out.

Another method that makes a lot of money online is selling services. This type of work covers everything from writing articles for other companies to promote their goods online to designing smartphone applications. This is a huge variety of services that sell well – check out some of the big freelancers sites to get an idea of these.

The fundamental rule is if you can sell it, and there is a market for it – then you can start a business on it. You will need to check whether what you want to sell has any legal prohibition on it, you can do this by checking with the relevant governmental department or agency.

To get started with selling products online, the best approach is to start with research into options. Start by sitting down to brainstorm your interests and the topics that you know something about.

You should then check on forums to see what people are discussing and whether there are any products that are sought after but not met by any other businesses. There is a possibility that there could be enough demand for the type of products being demanded.

You should then check to see who is selling products online like the ones that you want to sell. Run a search on the major search engines and check out the websites that returned in the listings. Now check how many people are visiting these websites each month. If they can sell it, then there’s plenty of room for you to sell products online like these too.