How To Show Employee Appreciation

 

Employees are the backbone of every organization. If your employees are motivated, they will deliver optimum performance. But if they are dissatisfied with the way you handle business, you will not only witness high attrition rate but also inefficiencies and low productivity rate. Here are some tips that can help you bolster employee motivation level:How To Show Employee Appreciation

  1. Take them to dinner: Organize dinners with your top-performing employee to show your appreciation. This will also help you connect with your employee, which you might not be able to do during your regular working schedule. Taking them for quick coffees too is a great opportunity to know them better.
  2. Display appreciation vocally: Your employees work hard to take your business to the next level, and for that they deserve your appreciation. So give them their due, especially when in front of others if possible. Also, single out top-performing employees to motivate other employees to work harder. Praise them for specific reasons so that your employees can get to know what you actually expect from them.
  3. Gift books: Gifting books is the best idea because employees appreciate them the most. Select books that your employees can like. Add a note in the book outlining why you got that specific book for them and why you thought it will fit them the best.
  4. Listen to your employees: Listening to your employees attentively is one of the best thing you can do to make them feel appreciated. You might think that you are actually listening to your staff but you should keep track of the meetings wherein you specifically called in your employees to listen to their problems. Make some extra efforts to listen what your employees are saying.
  5. Better infrastructure: When you invest in new computers and office equipment for your staff, you are showing your appreciation for your employees. Always keep your infrastructure updated with the latest technology because it will keep your staff happy and thrilled to know that you do consider their comfort.
  6. Birthday celebrations: Appreciation is not a one-time activity. It’s an on-going processes wherein you have to show how much you value your employees throughout the year. One such process is birthday celebration. Make them feel valued by asking them how they are doing and let them know how important their well being is to you.

Do you do any other activity to keep your employees happy and highly productive? Tell us. We will be happy to hear about new ways.

Read More

7 Tips To Be Highly Productive

It’s always important to be highly productive at work – especially if you are ambitious. However, it’s easier said than done, isn’t it? One of the many reasons for being less efficient in the inability to do away with the distraction. But that’s not the only reason. Let’s have a look at the tips that can help you shoot up your productivity.

7 Tips To Be Highly Productive

  1. Stop doing unnecessary tasks: Many times we do stuff that’s unimportant. We don’t even realize it and keep on doing it. Usually, it’s a habit. A habit that started from a necessity, which is no longer the case. The best thing to do right now is to take a step back and evaluate each task that you do. Consider how necessary it is, the time it consumes and how close it take you to your goals.
  2. Organize your breaks: Contrary to popular beliefs, being productive doesn’t mean you work non-stop. Only a machine can work like that, and if you try to imitate a robot, your productivity will go down. So the better idea is to schedule your breaks strategically for optimum performance. If you are self-employed or have a flexible work schedule, walk away from the desk for few minutes whenever you feel your productivity is going down. Have a glass of water or go for a washroom break.
  3. Stop multi-tasking: If you are multi-tasking so many things, believe us you aren’t being highly productive. In fact, when you change tasks more than 10 times in a day, your grasping power will go down. According to various studies, when you multitask your IQ drops by an average of 10 points – 15 for men and 5 for women.
  4. Break down big tasks: If you have a big task to do that can take weeks or months to complete, it’s wise to break it into smaller tasks that you can easily measure. For example, you have to launch a website of your own. Instead of looking for designing all through the day, list down the number of designing websites you should visit. In fact, you should schedule each and every process that’s required to build an engaging website.
  5. Become unavailable: In this age of technology wherein anyone can be reached through a text message, email, or message on Facebook, distraction is easy to come by. Don’t fall victim to it. Instead of checking all your messages every 5 minutes, check it after few hours. Also, if you are receiving too many unnecessary calls, become unavailable on the phone. But this doesn’t mean you should ignore emergency calls. Instead create a system that can help you filter necessary calls without throwing your schedule off the track.
  6. Automate as much as possible: Take advantage of latest inventions and automate as many tasks as possible. Some of the tasks that you can automate include:
    Delete, archive and sorting of emails
    Deleting spam emails
    Paying off your bills
    Appointment scheduling
    Tweeting and posting of your new posts
  7. Be inspired: Sit back and think about your priorities. Consider what inspires you and what doesn’t. Do you like helping others? Or connecting with new people? Consider your inspirations while setting up your goals.

Implement these tips and tell us about it. We are eager to hear from you!

Read More

Are Office Assessments Really Required

Are Office Assessments Really Required

Of course they are. Because you have to know what’s your operational costs and find ways to control them if you are looking to boost your profit margins. Alas, every penny saved is a penny earned. Office assessments are particularly helpful when your business needs new devices or you are thinking to upgrade various devices or infrastructure. Office assessment also becomes imperative when your operational costs are shooting up or you aren’t getting the results you are looking for.
Through office assessment, you can figure out effective way of various processes while cutting down the operational costs. This way, the unnecessary waste will also be eliminated.
The need for office assessment can’t be emphasized enough. Even big giants like Xerox are the advocates of this process. In fact, it went on to state “It doesn’t matter what size your business it; if you want to get output costs under control and set the stage for improvements in productivity and work process, you have to start with an assessment.”

Are you wondering what elements should you consider in office assessments? Consider the following:

When you start office assessment, the experts will collect all the data to identify the areas that majorly contribute toward the operational costs. Plans will be drawn up to reduce these expenses for better profits. Each and every expense will be identified, recognized accurately and optimized for better performance.
During office assessment, there are generally four areas to concentrate – management process, supplies, device proliferation and hidden costs. The experts will look at your devices and IT network to study input and output data. If you are one of those companies dedicated to keep the environment clean, you can also bring down your negative impact on environment with minimum efforts.
So, what are you waiting for? Just go for office assessment.

Read More

7 Strategies To Save Your Holiday Budget

7 Strategies To Save Your Holiday BudgetFor holiday shopping, we always face one problem: what to buy that doesn’t bankrupt you? Even if you persuade yourself to buy expensive gifts thinking “never mind, it’s holiday season!” you will most likely suffer from shopper’s remorse when your credit card bills roll in. To help you this kind of situation, we have seven strategies. Let’s get on with those strategies.

1) Create a master list: Most of the times, you have to buy gifts for the same people. So make a master list and you will only have to make changes to it every Labor Day for the holiday season that year. Also, you can create a column in the list for the personal preferences. For example, you know your colleague loves books – specifically romantic fiction – you should note it down in the list. So whenever you see romantic fiction going on sale, you know you should get one and save a bit in the bargain.

2) Keep gift list handy: Make a gift list separate from the master list and keep it in your purse. Refer it during your breaks or when you see bargains online or offline. Sooner or later, the gift list will be impressed on your mind and you will be ready to grab the bargains without panicking.

3) Grouping of gifts: First of all, you need to decide on the total shopping budget for the season. Then group people by category of family, friends, neighbors, coworkers and others. Divide your total budget between various categories realistically. If you don’t have enough budget to stretch for everyone, let’s say co-workers, then plan to make the gifts for one group instead. Make changes in the list if and when necessary.

4) Find prices online: It’s always wise to check for the prices online before shopping in-store. Use online search engines such as “shopping bot” to help you check prices on various websites. It will help you find the best price for any given item. For example, you are looking to buy a Panasonic camera, just type that into a search engine box and you will find a list of all online retailers who are offering it along with the prices. You can even save on shipping by buying it bit early because few eCommerce stores offer free shipping if you buy before a certain date.

5) Stick to your budget: Buying expensive gifts is tempting because they are usually displayed in an attractive manner. You need to practice restrain if you don’t want to go beyond the budget you have already allocated for each category. Stick to it religiously while shopping. It would be wise if you complete shopping for important presents first – parents, partner and kids. That way even if you go overboard, you are doing it for your loved ones.

6) Pay your bills in cash: One of the best ways to avoid overspending is to buy on cash. When you start shopping, leave all your credit cards at home. That way, if you run out of cash, you will automatically need to stop shopping. If you are using debit card, then you will need to keep a tally of how much cash you withdrew during the start of each gift-shopping session.

7) Use prepaid debit card: If you are feeling uncomfortable about carrying lot of cash, try prepaid debit card – which works like a credit card. The only difference is, you have to pay the balance up front into the card. Every time you make a purchase with it, the balance will be deducted from the total. The beauty of debit card is you get the protection of credit card and you can easily dispute charges that appear on your statement. However, don’t forget to have a built-in spending limit. If you want to have such a card, visit your bank. They will let you know the exact procedures.

Do you know any other strategy to save money during holiday shopping season? Share it with us!

Read More

How To Return Your Order For Free

How To Return Your Order For Free

Are you suffering from buyer’s remorse? Or don’t like the gifts you have purchased online? No worries. Return it without hassles. How? Here are the few tips to help you to do that.

1) Don’t open it: If you are thinking to return the item, don’t open it and definitely don’t use it. Most of the stores have strict policies about not taking back opened or used products, especially electronics one. Once you use it, even to test it, they won’t be taken back – and you will lose money.

2) Be quick: The first thing you should do after receiving your order is to check the company’s website to know about their return policy. Most of the companies generally give a month to return an item for its original price, and after that, you may get reimbursed for only a fraction of the original costs. Electronics and big-ticket items usually have 14-day return deadline.

3) Find the gift source: If you have received a gift and want to turn it, you need to be extra smart. Try to ask subtly the gift giver the origin of the gift. “Where did you find such a pretty thing?” usually does the trick. But do remember not to rely on the boxes because they are often reused. If you don’t find the answer from the giver, do some online research to see which stores carry the particular item you have. Ask them if they will accept a return or offer an exchange.

4) Always smile: Remember the saying “honey catches more flies than vinegar”? The same goes in real life. Sales people are always busy and hassled. If you return your products with a friendly smile, your process will be done quickly and with the least possible hassles.

5) Use receipt: Without the receipt, you may not get the full price of the product. Or worse, you may have to settle for a store credit. So better use your purchase receipt while returning the item. If the item in question is a gift and you don’t have a receipt – which you definitely won’t – the store may understand your situation. Especially when the item is still in its packaging. If the sales clerk is not being co-operative, ask for the manager.

6) Online returns: Many online stores accept returns. You may not be able to go back to their brick-and-mortar store but you can pack and ship the item to the store. Generally, the companies do not refund the postage costs and so do consider the cost of the product against the postage.

7) Know the return policy: Always know the return policy before you make a purchase. Many sellers don’t take back the merchandise unless it’s defective. Some places refuse to take back the product if it’s opened. And many store charge a restocking fee unless it’s defective. Many times when the item is bought on sale or clearance, you won’t be able to return it.

Share your returning-merchandise experience with us.

Read More

User Friendly Fellowes Office Furniture

User Friendly Fellowes Office Furniture

Having the right office furniture is very important for healthy life because usually we spend more than 9 hours in office, sitting on chair and working on desktop. If your chair isn’t ergonomically designed, you are quite likely to end up with back pain. In the same manner, if your keyboard tray isn’t ergonomically designed, again, you might end up with carpal tunnel syndrome. Scary, isn’t it? But we can avoid these problems simply by buying the right office furniture. Like Fellowes back support accessories, keyboard tray and keyboard.

Fellowes offers a huge range back support accessories, including heat and soothe black support and office suites mesh back support. All the supports are designed for maximum lumbar support during the extended period of sitting. The back support accessories come with adjustable strap for easy use.

If you are having very small workspace, try Fellowes’ compact keyboard tray. They are fully adjustable to offer maximum comfort. To adjust the height and tilt of the tray, you just have to loosen a single knob and then retighten it to lock the position. The memory foam wrist supports new and improved Microban antimicrobial protection that stays cleaner. It will also keep your hands/wrists in neutral position.

If you are looking to buy back support and computer accessories, consider AceDepot.com. Our store has a huge collection of Fellowes office products that are of top-notch quality. All the products are affordably priced too. If you have any questions, do not hesitate to contact us. We are here to serve you.

Read More

8 Black Friday Myths Debunked!

Facebook

Black Friday is approaching fast. You must be thinking of different ways to save money while getting your entire shopping list done. Have a look at this top 8 Black Friday myths to know when you are being hoodwinked and prevented from getting the best possible prices for the products you want.

1) Black Friday sales start on Black Friday: Most of the major retailers start their Black Friday sales as early as two weeks before the actual day. In fact, some of the deals will be sold off before Black Friday. Want an example? Just consider Amazon.com, who will launch Black Friday offers starting on November 19.
2) Doorbusters are adequately stocked: As most of the doorbusters are exceptionally low-priced to generate sales and traffic, most retailers have a very limited stock of these products. Consequently, only first few shoppers get to grab them. To understand this better, let’s take Best Buy’s 2014 Sharp 42” HDTV deal, which was priced for $199. The store, however, had only guaranteed 10 units per store.
3) You need to camp out of the store for the best deals: If you are planning to buy a popular doorbuster, being first in line won’t guarantee that you will grab the deal. However, you can find the same deal online most of the times. As a matter of fact, in 2013 70% of in-store Black Friday deals were available online for the same price, if not less.
4) In-store Black Friday shopping is violent: Contrary to what you see in random shopping videos and read in news, majority of the Black Friday shoppers aren’t overly-aggressive. The shoppers, in fact, say that they experience a sense of camaraderie while waiting in line. So the worst thing you will face during Black Friday in-store rush is large crowds and messy inventory.
5) Every Black Friday sale is the lowest possible price:  Yes, many Black Friday deals offer the lowest prices but when it comes to toys, branded HDTVs and winter apparel, you should wait for sometime. Toys witness deepest discounts just before Christmas; HDTVs are lowest priced between December and February; and winter apparel sale are best after Christmas.
6) Black Friday prices are unbeatable: We have been seeing this since last few years. Most of the stores match competitors’ prices better sooner or later. In 2013, Amazon, Best Buy, Home Depot and Meijer not only matched competitors’ prices but they designed better deals.
7) All the best Black Friday deals are printed in the ads: Few retailers like Walmart and Best Buy advertise additional Black Friday deals on Thanksgiving Day. So find these secret deals online before you visit brick-and-mortar store on Friday. You may even find competing retailers declaring last minute discounts.
8) You might not find Black Friday deals on designer and luxury goods: Although Saks Fifth Avenue and Neiman Marcus participated in Black Friday sales in 2013 – breaking age-old tradition of skipping it – don’t hold your breath to find similar deals on other designer and luxury brands. At the same time, there are high chances that you may witness special promotions from their outlet branches.

This Black Friday do not forget to visit Acedepot.com. We specialize in offering new and factory refurbished office machines and supplies at the most competitive prices. Check our collection for cash registers, currency products, copiers, shredders, binding machines and more.

Read More

Top 5 Pricing Mistakes

 

Top 10 Pricing Mistakes

In today’s most competitive world, companies are looking for various ways to increase their competitive advantage and improve their overall performance. Most of the companies have already resorted to cost cutting, outsourcing, process re-engineering and adoption of innovative technologies; however, their benefits from these actions are diminishing day by day. They are on the lookout of new strategies, and pricing is the most obvious one. Majority of the companies have already started recognizing this, and so they have started devising pricing strategies. Unfortunately, these strategies aren’t yielding the results they want due to certain errors that they fail to realize. Let’s talk about those errors now.

1) Prices based on costs: When the prices of the products are based on the cost of production, either the price end up being higher than the customers’ perceived value – pushing up the costs of sales – or, being lower than the perceived value – missing the opportunity of maximizing the profit. The bottom line is, the costs are irrelevant when it comes to pricing because they form a lower boundary for the price. The better strategy is to understand the perceived value of your products in the eyes of your customers.

2) Prices based on the marketplace: When you price your products based on the marketplace, you are bowing down to the collective judgment of the crowd about your product. Usually only those companies use marketplace pricing who are laid back about their business, ending up with thin profits. You should rather differentiate your products or services from your competitors.

3) Same profit margin across all product lines: Many financial strategies support uniformity in profit margins across all the product lines. However, this doesn’t work in the real world because each product line has a different set of target audience, and again, these potential customers have different perception about the price of the products. To put it simply, the price of any product line should reflect the target customer’s willingness to pay for that product.

4) Failure to segment customers: Usually customers are segmented into different groups according to your requirements and expectations from the product. The value proposition for products and services is different for different market segments, and hence the pricing strategy should reflect that. But when you fail to segment your customers, you are either overpricing or underpricing your products.

5) Constant prices for long time: Although changing prices on the daily basis doesn’t make business sense, it doesn’t mean that you hold the prices for your products at the same level for years to come ignoring changes in the costs, competitive environment and customer preferences. For better customer service and profit margins, you should update your prices at reasonable period of time and communicate the same to your customers to make sure that the value proposition on both the side matches.

To control the management costs and boost the sales, optimization of pricing strategy is a must. But this task can’t be done offhand. It requires lot of research and proper analysis of the gathered data. You need to tie the pricing strategy with the value perception of the customers. Until and unless this is done, you can’t win customer loyalty, lower cost of sales and enhanced profits.

Read More

How to Impress Your Clients This Holiday Season

How to Impress Your Clients This Holiday Season

Impressing the clients should be top priority for every business. And what better occasion to explore this aspect than the holiday seasons. Holidays are just the right occasion if you need to show the extra care and appreciation toward your clients.
And so there are many ways in which you can accomplish these tasks. Look through these tips below to find the best options which makes your clients coming back to your site to make more and more purchases.

Sending innovative gifts to impress the clients

Who doesn’t like gifts, isn’t it? And if the gift is a surprise from someone unexpected then the joy is doubled. Period. So sending innovative and creative gifts to your customers should be one of your primary agenda during festive seasons. Not only does it create an impression on your customers but it will also make your customers aware that you care for their needs.
But do make sure that the gifts that you send to your clients do not turn them away instead of attracting them. Before sending out gifts, ensure what the needs of your customers are. Plan out things in advance and then venture out on distributing seasonal gifts to your valuable customers.

Sending holiday cards to woo the clients

Attractive holiday cards always do wonders. Beautifully decorated cards catch the eyes of the public. This makes your customers aware of your brand value and they do not think twice to shop from your store.
But before you just send any simple card to your clients, make sure you design it in the right manner that depicts the brand image of your business. With modern designing techniques today, you can incorporate the logo of your business together with a customized message in your card to give a sophisticated touch to it. To make it more artistic and creative, add your team photo of yours to impress them more.

Inviting them to actively take part in the celebrations

Plan a day for hosting a holiday party for your customers to join in and celebrate the festive season. Indulge in the best celebrations that helps to build a great rapport with your clients.
Last but not the least, everything that you do, plan out everything in advance. This is important because you do not want to make a fool of yourselves in front of your customers. Isn’t it? If it is Christmas season, make sure that your gifts and cards reach your customers before Christmas.
If you are planning to send cards and gifts to your clients, you need to have their latest address for the gifts to reach safely. Also, if the clients are far away, plan accordingly so that it does not become a disaster at the last moment. Enhance this opportunity to use it to the fullest so that you can build a trustworthy relationship with your clients.

Read More

Why IT Service Costs Are Mostly Inaccurate

Why IT Service Costs Are Mostly Inaccurate

Every business needs to keep an eagle eye over their business, particularly when they are looking to expand rapidly. Every expense needs to be recorded scrupulously and every penny of the revenue accounted for. However, when it comes to expenses, most of the businesses fail to calculate IT service costs properly. There are several reasons behind the miscalculation. Let’s have a look at some of those.

1) Inaccurately recorded expenses: This is one of the most common mistakes. Let’s take an example of your company to understand this point. Your marketing team needs a laptop costing $1,000. The accounting team records this expense under the marketing department because the laptop is going to be used by them. The same way, accounting department needs a laptop, and again the expense is recorded under the accounting department. Consequently, even though IT hardware expense increased, the IT department isn’t responsible for this. Technically, this is misappropriation of operational costs. These costs belong to IT department because they are assets of IT department.

2) Recording all expenses: You have to record each and every expense, no matter how small it is. Usually every business has one or two major vendors who account for 75% of the expenses. So it’s a common mistake to focus on these vendors while ignoring the small vendors who account for 25% of the expenses. Once you track all the expenses, big and small alike, you will the actual expense of your organization. This will also help you for future budgeting.

3) Recognition of expenses: This problem arises specifically in small businesses who don’t have dedicated IT department. They usually have couple of employees who are proficient in maintaining various IT devices. But as they have different roles, their expense is not considered as IT expense. For example, your small business has no IT department but you have an employee drawing $50,000 a year who looks after printer and server, along with his/her main role as executive assistant to marketing manager. Now this employee spends 10% of his/her productive hours in maintaining IT infrastructure. So ideally, $5,000 of the salary should go under IT department but unfortunately, most of the companies fail to do so. Once you start recognizing the IT expenses correctly, you will get better vision of your business.

There are several benefits of recording your IT expenses correctly. Some of them are as follows:

  • Helps in proper allocation of budget
  • Facilitates accurate accounting of each department
  • Helps top management in making better operational decisions
  • Facilitates proper future planning

Do you have more questions? Do not hesitate to contact us. The online store offers wide range of printers, including HP, Lexmark, Okidata, Brother USA, Canon, Samsung, Ricoh, Sindoh and more. If you have any confusion, just contact us. We are known for offering outstanding customer service.

Read More