Hints and Tips

Whether we are buying, selling or advertising, we are spending money on items, products, equipment, goods and services to achieve our personal goals, our business goals and our desired financial results. WWW.FocusedBuyer.com is our professional, ‘online trading’ toolkit to help us succeed and prosper.

This section is created to help us, when we need or want to spend money, to spend it more wisely so as to reach our goals and desired financial results. Presented here, as we go forward from our go-live debut, will be helpful and insightful hints and tips from all of us at FocusedBuyer.com & Precious®Payment as well as from our customer users who care to share their experience and expertise with us and for the benefit of all of us.

We will hear about and learn how to better use and take advantage of our online buying and selling expert toolkit to improve in each area of the three (3) functional processes that follow.

FocusedBuying™ is about:

Spending money wisely;

Spending money safely & securely;

Spending money just for what you need;

Spending money only when you need to;

Spending money on product(s)/service(s) meeting your requirements;

Spending money with trusted suppliers/sellers;

Spending money to lower total costs and find new sources;

Spending money to find new products/services and improve results;

Spending money frugally on buy/sell transaction & delivery charges;

FocusedSelling™ is about:

Spending money wisely;

Spending money and receiving money safely & securely;

Spending money just for inventory/supplies matching buyer demand;

Spending money only when you need to;

Spending money to create product(s)/service(s) that buyers want;

Spending money to increase sales to trusted buyers/companies;

Spending money to lower total costs and find new sources;

Spending money to find new customers and to grow sales;

Spending money frugally on transaction, delivery and payment charges;

FocusedAdvertising™ is about:

Spending money wisely;

Spending money safely & securely;

Spending money to create buyer wants & needs;

Spending money to find out when/where/how you need to reach buyers;

Spending money to appeal to and convince buyers your products / services are what they want or need;

Spending money to expose, identify, brand and align your company, products and services to real buyers making real purchases;

Spending money to lower total costs and find new sources;

Spending money to offer new, improved, better and revolutionary products/services;

Spending money to find new markets & new buyers to drive sales growth;

The first area in each of the above processes is the overall goal of spending money wisely.

Hint One: Question whether or not each & every expenditure of money is necessary, required and essential. Do not hesitate to find out why it is needed or wanted, what it is being used for, what its impact & result is forecasted to be and what the alternatives may be. A good idea is to initiate the five (5) why’s process here to reach the real root cause of the requirement and determine its legitimacy.

Tip One: Be sure we understand and determine ‘the elements of cost’ that comprise and drive ‘the total costs’ of a necessary and essential buy/sell/advertise trading transaction. Then have expectations of what will be required of all parties to improve upon the exchange of value for money: the direct cost involved in creating the product or service for exchange; the ‘non-value added’ indirect cost(s) associated with or surrounding the exchange; the cost to achieve the required quality within the exchange; and the cost(s) incurred to achieve the required exchange delivery timeframe. Knowing about costs themselves, the probable cost equation of the exchange and the competitive cost landscape and improvement opportunities within the marketplace often leads us to a more efficient, satisfying exchange and a preferred financial result.