The 10 Best Places Ecommerce Entrepreneurs Go To Find Product Ideas
In this post we will go into detail about the best places to look for product inspiration and ideas. We’ll start with some broad ideas to get your head in the right space to start your search and then get into more specific resources closer to the end of the post.
As you go through this post and the list of resources, it’s best to capture all of your ideas on paper. Once you have all of your brainstormed ideas recorded, you will be able to return to them later and evaluate them for viability and potential.
Here are a few questions to consider when making your list:
What products, niches or industry you are particularly passionate about or interested in?
What products, niches or industries are your friends passionate about?
What pain points do you have in your own life?
Example
Max had a big issue with his unruly, messy hair in the morning. Short of taking a time consuming shower every morning just to be able to style his hair properly, he set out to fix the pain point with his product, Morning Head. Morning Head is a shower cap with an absorbent towel liner that you can soak with water, place on your head and rub around for a minute to get your hair ready for styling.
Example
Yummy Tummy Soup Company is a perfect example of someone that saw an opportunity to take a brick and mortar concept and put it online. The Yummy Tummy Soup Company sends healthy homemade soups, cakes and pastries in a thoughtful care package to someone you love, giving them the tools they need to heal whatever ails them. They cook and bake all products daily and send them coast to coast in temperature controlled containers.
Trend Watching-
Trend Watching is an independent trend firm that scans the globe for the most promising consumer trends and insights. Trend Watching has a team of thirty professionals in locations like London, New York, São Paulo, Singapore, Sydney and Lagos all looking for a reporting on worldwide trends.
Jeremy, the founder of Trend Hunter says, "Like many of us, I was an entrepreneur at heart, but I didn't know what idea I wanted to pursue. I chose careers that I thought would lead me to my business idea... but after years of searching, I was still hunting for inspiration. It was then that I started Trend Hunter - a place for insatiably curious people to share ideas and get inspired.
Springwise-
There are several online tools you can use to discover the influencers online for a particular industry or niche:
7. B2B Wholesale Marketplaces
What better way to get product ideas than right from the source. This has been a popular option amongst ecommerce entrepreneurs for a while and this list wouldn’t be complete without it. Wholesale and manufacturer sourcing sites like Alibaba exposes you to thousands of potential products and ideas. It can be easy to get overwhelmed with the sheer amount of product available so take it slow.
Some of the more popular B2B wholesale product sites are:
Alibaba - You’ve likely heard of Alibaba. They are one of the biggest ecommerce companies in the world, up there with Amazon and eBay. Alibaba connects consumers all over the world with wholesalers and manufacturers from Asia. With hundreds of thousands of products, there’s not much you can’t find on Alibaba.
Although it’s generally accepted that Alibaba is the largest online wholesale and manufacturer database, there are many other sites similar to Alibaba you can use for inspiration and to find product ideas.
Some of the largest competitors of Alibaba include:
TradeKey
Global Sources
Made-in-China
how to use social media marketing for business
Social media marketing is anything but quick and easy. Here's what it really takes to promote your business on social platforms. Twitter, Facebook, Pinterest, Instagram—they're all free platforms businesses can use to directly engage with their audiences
Social Media Marketing for Businesses
Social media marketing can help with a number of goals, such as:
- Increasing website traffic
- Building conversions
- Raising brand awareness
- Creating a brand identity and positive brand association
- Improving communication and interaction with key audiences
Learn Marketing with Social Media
Planning – As discussed previously, building a social media marketing plan is essential. Consider keyword research and brainstorm content ideas that will interest your target audience.
Content is King-Consistent with other areas of online marketing, content reigns king when it comes to social media marketing. Make sure you are offering valuable information that your ideal customers will find interesting. Create a variety of content by implementing social media images, videos, and info graphics in addition to classic text-based content.
Consistent Brand Image - Using social media for marketing enables your business to project your brand image across a variety of different social media platforms. While each platform has its own unique environment and voice, your business’ core identity should stay consistent.
Blog - Blogging is a great social media marketing tool that lets you share a wide array of information and content with readers. Your company blog can also serve as your social media marketing blog, in which you blog about your recent social media efforts, contests, and events.
- Links — While using social media for marketing relies primarily on your business sharing its own unique, original content to gain followers, fans, and devotees, it’s also great to link to outside articles as well. If other sources provide great, valuable information you think your target audience will enjoy, don’t be shy about linking to them. Linking to outside sources improves trust and reliability, and you may even get some links in return.
- Track Competitors — It’s always important to keep an eye on competitors—they can provide valuable data for keyword research, where to get industry-related links, and other social media marketing insight. If your competitors are using a certain social media marketing technique that seems to be working for them, do the same thing, but do it better!
- Measure Success with Analytics —You can’t determine the success of your social media marketing strategies without tracking data. Google Analytics can be used as a great social media marketing tool that will help you measure your triumphant social media marketing techniques, as well as determine which strategies are better off abandoned. Attach tracking tags to your social media marketing campaigns so that you can properly monitor them.
how to approach investors for funding
Here are five things to you must do before approaching investors for any amount of money.
- Clean up your credit. ...
- Line up your team. ...
- Write a detailed business plan. ...
- Do your homework on your backers. ...
- Create an investor wish list.
15 HR Strategies to Improve Your Business Performance
Solutions
Assuming you’ve hired the best talent in terms of attitude and to improve your business performance, here are 15 HR strategies:
- Be authentic, not a patronizing employer.
- Walk the floor twice a day to engage your staff. Show empathy. Ask questions, such as “How are you?” Wait for the answer.
- Demonstrate your listening skills with open-ended questions. (“What is the dumbest thing you on which you’re working?” or “Where is the company wasting resources – in time or money?”) Thank the person and follow up whereever feasible.
- Communicate what the company is doing and how it’s performing.
- Help employees to understand how they contribute to your bottom line. Show them your company-wide objectives and how their work contributes to your company’s performance.
- Give workers a purpose with challenges.
- Without being verbose, teach them how you think and why.
- Create collegial teams of workers without micromanaging them.
- Make employees a CEO of their work. Empower them to contribute ideas and allow them as much autonomy as feasible to make decisions.
- Encourage each employee to be customer-focused.
- Immediately, show appreciation for good work and counsel employees following sub-par work.
- Budget for development and training.
- Show flexibility to enhance employee balance for career and personal life.
- Establish an employee assistance program. Do what you can to help eliminate the employees’ stress factors so they can have maximum focus on their responsibilities. That includes financial tips. As my dad once told me: “It’s not how much you make, it’s how much you bring home.”
- Employees know who their toxic co-workers are. Don’t let the toxic workers hurt your workplace environment.
IS INDIA WORLD NEXT START UP NATION
10 reasons why India is already the next startup nation
Prime Minister Narendra Modi in his last ‘Mann Ki Baat’ radio programme in December 2015 has promised to unveil the action plan for ‘Startup India, Standup India!’ on January 16. This could be a reason to cheer for the Indian startup community. We have a promise of difficulties coming to an end when it comes to starting up. In a comparison of per capita GDP, with $7,594 China’s per capita GDP is almost five times that of India, which stands at $1,596. However, all that is set to change as the government opens up and adapts to new startup-friendly policies.
We bring you some of the reasons why we believe this would be the right time to start up in India.
- This year, the total funding in India is about $ 9 billion, which is more than the GDP of Andaman and Nicobar, Sikkim, Arunachal Pradesh, Mizoram and Manipur combined.
- If Flipkart, our poster boy for e-commerce, were an Indian State, its valuation would be higher than the GDP of 13 States (Union Territories included). That is more than nearly half of the Indian States and Union Territories combined.
- India has the ninth largest GDP in the world, with around $2.07 trillion. With over 70 per cent of the population still living in villages, a huge portion of our GDP comes from Tier I and II cities, which means we still have huge potential to be tapped in villages.
- Snapdeal’s valuation is more than Vedanta or Grasim or GSK, companies which have been in existence for decades now.
- Indian rail is the largest public sector enterprise in the country. It is also the eighth biggest employer in the world, with over 1.4 million people. Inefficient reservations, streamlining the process, catering are still some of the problems which can be looked at as opportunities and can warrant startups of a different scale.
- India is home to 5.7 per cent of the world's Unicorns - startups that are valued at over $1 billion. When compared to the amount of funding available overseas, a very small portion of it is available to India and the amount is still growing. India's Unicorns are Flipkart, Snapdeal, Ola, Paytm, Quikr, Zomato, Mu Sigma, and InMobi.
- Seventeen finance companies received funding in 2015, of over $290 million, making this one of the most funded sectors of last year and also one showing great promise. With relaxed RBI guidelines in relation to payments banks, this is a new avenue for startups to innovate.
- Eleven companies in the B2C commerce space received funding to the tune of $3.377 billion, which also means that over 33 per cent of the funding last year was in these companies and over 50 per cent of these were Unicorns.
- Rural India is a huge market for startups, and the only way to tap this market is to go local. Going into vernacular languages is one of the best ways to capture this market. Presenting the same solutions, be it hyperlocal or e-commerce or even payments, in a different packaging around local languages will help people in Tier-III and rural areas adopt it. Indian entrepreneurs are at a distinct advantage in comparison to foreign players entering the space and trying the same solutions.
- According to the World Bank's Doing Business report, India was ranked 120 in 2008 and has slowed to 132 in 2014. The ranking has improved to 130 in 2016 and is poised to improve further considering a startup-friendly government.
UNDER STAND DIFFERENT TYPES OF RETURN FORMS IN GST
Under GST , there are 8 forms for filling of returns by tax payers .All these forms are required to be e-filed . The details of each form are listed below along with details of applicability and periodicity
FOR REGULAR DEALER
1. Form GSTR -1 :- Monthly 10th of succeeding month furnish details of outward supplies of taxable goods and / or services affected
2. Form GSTR -2A Monthly on 11th succeeding month Auto populated details of inward suppliers made available to the recipient on the basis of forms GSTR -1 furnished by the supplier
3. Form GSTR -2 Monthly 15th of succeeding month details of inwards supplies of taxable goods and / or services claiming input tax credit addition GSTR -2A should be submitted in form GSTR -2
4. Form GSTR 1A Monthly 20th of succeeding month details of outward supplies as added corrected or deleted by the recipient in form GSTR -2 will be made available to supplier
5. Form GSTR 3 - Monthly 20th of succeeding month return on the basis of finalization of details of outward supplies and inward supplies along with payment of amount tax
6. Form GST ITC -1 Monthly communication of acceptance discrepancy or duplication of input tax credit clam
7. Form GSTR 3 A - Notice to be registered taxable person who tails to furnish return under section 27 and section 31
8. Form GSTR 9 - Annually 31st dec of next fiscal annual return furnish the details of ITC availed and GST paid which includes local , interstate and import / export
क्या होती है थोक महंगाई दर, क्या है इसको मापने का पैमाना
सामान्य तौर पर मार्केट में वस्तुओं की कीमतों में होने वाला बदलाव यानी इसमें आने वाला उतार-चढ़ाव महंगाई को दर्शाता है। जब वस्तुओं की कीमतें डिमांड और सप्लाई में अंतर की वजह से बढ़ जाती है तो ऐसी स्थति को महंगाई यानी (इन्फ्लेश्न) कहते हैं।...
दूसरे शब्दों में हम कह सकते हैं कि महंगाई मार्केट में करेंसी की उपलब्धता और वस्तु की कीमतों को मापने का एक तरकीब भी है। देश में थोक महंगाई दर. पिछले 10 महीनों से लगातार शून्य की स्थिति में बनी है। इसके आंकड़ों में गिरावट के बावजूद बाजार में खाने-पीने की चीजें महंगी बिक रही है। हम आपको विस्तारपूर्वक बताते हैं कि क्या होती है थोक महंगाई दर और इसको मापने का पैमाना क्या है।...
क्या होती है थोक महंगाई दर...
भारतीय इकोनॉमी में अहम नीतियों के निर्माण में थोक मूल्य सूचकांक पर आधारित महंगाई दर का इस्तेमाल किया जाता है। थोक बाजार में वस्तुओं के समूह की कीमतों में कितनी.में कितनी वृद्धि हुई है। इसका आकलन थोक मूल्य सूचकांक के जरिए किया जाता है। भारतीय अर्थव्यवस्था में थोक महंगाई दर की गणना 3 तरह की महंगाई, प्राथमिक वस्तुओं, फ्यूल और मैन्युफैक्चिरिंग प्रोडक्टस की महंगाई में बढ़त के आधार पर की जाती है। भारत में अभी भी वित्तीय और मौद्रिक नीतियों संबंधी कई फैसले थोक मूल्य सूचकांक पर आधारित महंगाई.के हिसाब से ही होती है। जिसके आंकड़े हर माह वाणिज्य और उद्योग मंत्रालय के द्वारा जारी किया जाता है। जो कि साल 2009 से पहले हर हफ्ते और प्रत्येक.मंगलवार को जारी होता था। साथ ही थोक महंगाई दर को मापने का आधार वर्ष भी बदल दिया गया है। अब इसका आंकड़ा साल 2011-12 को आधार वर्ष मानकर तय.किया जाता है।...
थोक महंगाई मापने का पैमाना...
दरअसल इसमें हम यह जानने का प्रयास करते हैं कि थोक महंगाई दर कैसे घटती और बढ़ती है। इसके लिए एक सूचकांक (इंडेक्स) होता है जिसे थोक मूल्य सूचकांक (डब्ल्यूपीआई) कहते हैं। थोक महंगाई दर को मापने के लिए भारत में डब्ल्यूपीआई का इस्तेमाल किया जाता है। थोक बिक्री मूल्य में हो रहे उतार-चढ़ाव को
मापने के लिए डब्ल्यूपीआई सबसे प्रमाणिक तरीका है। थोक महंगाई को मापते समय व्होलसेल प्राइस इंडेक्स के बढ़ने का मतलब हुआ महंगाई में तेजी आना और इसके गिरने का मतलब हुआ महंगाई में कमी। इस सूचकांक में 435 अलग-अलग वस्तुओं के लेखा-जोखा को रखा जाता है। क्योंकि, सूचकांक में शामिल हर वस्तु को एक-एक वेटेज यानी वजन दिया गया है। जो इस आधार पर तय किया गया है कि किन वस्तुओं की हमारी जिंदगी में कितनी अहमियत है।...
थोक महंगाई का इकोनॉमी पर असर...
थोक महंगाई दर अर्थव्यवस्था को कई तरह से प्रभावित करती है। जिसका सकारात्मक और नकारात्मक प्रभाव भी अर्थव्यवस्था पर पड़ता है। थोक महंगाई दर बढ़ने की मुख्य वजह डिमांड और सप्लाई में अंतर होता है। जब महंगाई बढ़ती है तो वस्तुओं की कीमत बढ़ जाती है और लोगों की खरीदने की की क्षमता कम हो जाती है। जिसका असर मैन्युफैक्चिरिंग पर भी पड़ता है और इसकी वजह से निवेश भी प्रभावित होता है।...
इसके अलावा इसका असर रोजगार पर भी पड़ता है। साथ ही थोक महंगाई की वजह से इकोनॉमी भी प्रभावित होती है।
मापने के लिए डब्ल्यूपीआई सबसे प्रमाणिक तरीका है। थोक महंगाई को मापते समय व्होलसेल प्राइस इंडेक्स के बढ़ने का मतलब हुआ महंगाई में तेजी आना और इसके गिरने का मतलब हुआ महंगाई में कमी। इस सूचकांक में 435 अलग-अलग वस्तुओं के लेखा-जोखा को रखा जाता है। क्योंकि, सूचकांक में शामिल हर वस्तु को एक-एक वेटेज यानी वजन दिया गया है। जो इस आधार पर तय किया गया है कि किन वस्तुओं की हमारी जिंदगी में कितनी अहमियत है।...
थोक महंगाई का इकोनॉमी पर असर...
थोक महंगाई दर अर्थव्यवस्था को कई तरह से प्रभावित करती है। जिसका सकारात्मक और नकारात्मक प्रभाव भी अर्थव्यवस्था पर पड़ता है। थोक महंगाई दर बढ़ने की मुख्य वजह डिमांड और सप्लाई में अंतर होता है। जब महंगाई बढ़ती है तो वस्तुओं की कीमत बढ़ जाती है और लोगों की खरीदने की की क्षमता कम हो जाती है। जिसका असर मैन्युफैक्चिरिंग पर भी पड़ता है और इसकी वजह से निवेश भी प्रभावित होता है।...
इसके अलावा इसका असर रोजगार पर भी पड़ता है। साथ ही थोक महंगाई की वजह से इकोनॉमी भी प्रभावित होती है।
10 Ways to Market Your Small Business on a Shoestring Budget
When budgets are tight, marketing might be the first expense you look to cut.Let me stop you right there.While traditional advertising methods are costly and hard to measure, small businesses have never had greater access to cost-effective, trackable marketing tools.
1. Craft an elevator pitch
2. Leverage your community
3. Collaborate
4. Network
5. Give a speech
A lot of people hate public speaking. However, there are many organizations looking for qualified, subject-matter experts who can present to their groups. Take a deep breath and volunteer. You don’t have to be a pro as long as the information you share is helpful to the audience. And the upside the more you do it the easier it gets. Plus, it positions you as a credible authority in your field.
6. Create buzz
7. Ask for referrals
8. Build relationships
9. Offer coupons
Coupons are a good way for many businesses to attract new customers. Research shows that people will go out of their way to use a coupon, proving that this method is successful in expanding your customer base. Coupons can also generate return visits. For example, if you give a customer a coupon for a discount to use on future business, there’s a high probability they’ll be back.
10. Give it away
If someone has the opportunity to experience your product or service, chances are they will want to purchase more. Don’t be afraid to give someone a free trial or a sample. In today’s economy, people are more comfortable purchasing something they have been able to experience first.
These ten, inexpensive marketing strategies will help you engage customers, build relationships, and ultimately keep your brand top-of-mind. It’s not always about the money you have to spend on marketing, it’s about the time and effort you put into it and above all, the relevance it has for your customers.
How to Collect Small Business Debt
1. Develop a payment police
2. List the due date on every bill you send.
Some invoices state, "payment due upon receipt." You may also use "net 15 days," "net 30 days" or any other period of time in which you expect someone to remit payment.
Placing a due date on a bill encourages your customer to include it in a current or upcoming billing cycle. If you do not place a due date on the bill, the business or individual may wait a month or two before paying, especially if bills are tight.
Don't wait 30 days from the date of service or delivery of the product to send out a bill. Bill every 15 to 30 days. The sooner you send out the bill, the more likely you will get paid sooner.
Placing a due date on a bill encourages your customer to include it in a current or upcoming billing cycle. If you do not place a due date on the bill, the business or individual may wait a month or two before paying, especially if bills are tight.
Don't wait 30 days from the date of service or delivery of the product to send out a bill. Bill every 15 to 30 days. The sooner you send out the bill, the more likely you will get paid sooner.
3.Send reminder bills
Keep a record of all contact with the debtor. You will need the dates and times of your calls, letters and any other communication about the late payment, in case of legal action. You may also need to address this information when you contact the debtor.
4. Keep a contact with each company or customer
If you don’t have a contact for a business transaction, you can usually call the front desk and be connected to Accounts Payable.
5. Create a procedure for dealing with debts
6. Understand your debtor
7.Call the debtor about the account
Ask the person how they are and if they received your invoice. To discuss the late payment, try: "I am concerned because your payment is now (insert how many days) late. What can I do to help you make this payment and minimize consequences, such as (insert consequence)?" You can also ask if there is a reason they want to discuss on why the payment has been late.Try to get a verbal agreement that the invoice will be paid and when.Follow up the conversation in a week by phone, email or mail.Never apologize for asking about a debt that is owed to you. Remember that the money rightfully belongs to you.
10 Things College Students must be learn
When it comes to solving challenges in business these days, the most innovative solutions usually come from startups. Of course, established companies do solve some of them. But what makes a startup different is that they end up finding solutions using very few resources. If you draw parallels to the startup culture, it is somewhat similar to that of students in college (well, most of them), as it’s a stage of life where they have less access to cash, are trying to learn more, and are also coming to terms with the important things in life.
So what can a college student learn from the startup culture?
Here are 3 things:
Bootstrapping: When you don’t have access to external funding, you have to find alternative ways of making the most of what you have. That’s what startups are really good at! Bootstrapping basically means commencing a business minus that external financial backing, and using inexpensive resources to get the job done. As a college student, what you can learn from the startup culture is how to make do with things on a shoestring budget. This means finding out ways to do more with less. For example, instead of buying new textbooks, you can either borrow it from a library or go for pre-used ones. Even better, find people who are studying in classes ahead of you, if they are willing to lend their previous year’s books and/or notes.
Innovation: Yep, innovation may be on its way to becoming the most clichéd term ever, but when it comes to survival it is something that enables you to stay ahead of the curve. For anindustry behemoth, innovation can be a choice. But for a startup, innovation is a must. And employers these days are not just looking for problem solvers, they want individuals who can get the best possible solution with the least possible resources. So it becomes quite significant for a college student to start thinking innovatively and out of the box. You can apply innovative methods to find out the best way to learn a topic quickly and how to get the best grades. For example, the education system in India, especially the examinations, are quite static. What most Indian college students do is go through question papers of exams held in the last five years and find patterns and probable questions. Though criticized, this method works for each individual student in his/her unique way and gets the results for them.
Persistence: At a startup company job, the attitude of the founders and the employees is that things don’t happen, you have to make them happen. Be it product management or day-to-day office administration, new instances offer newer sets of challenges and these have to be overcome, anyhow. Most entrepreneurs persist till they find out a way to solve a particular problem. It could be anything – a bug, getting the right person for the job, or even deciding office policies! At the end of the day, persistence is a quality that comes good in your professional life as well as your personal life. As a college student, if you imbibe the value of perseverance, it becomes a habit when you start looking for a job or maybe start your own venture. Situations that will enable you to practice these qualities in college are during your projects or when participating in events or competitions.
10 Tips for Compelling Company Updates on LinkedIn
10 Tips For Compelling For Company Update
1. Think like a journalist
2. Always Include A clear Call To Action
3. Ask Thoughtful Question to involve your audience
4. Always include a image or some type of rich media
5. Before Posting double click that and image appears
6. Post YouTube video to encourage sharing
7. Make Your Content Snack able and valuable
8. Avoid Hype rt Argentine
9.Test to understand your Audience
10 . Create an editorial calendar but react timely to event
eSign – Online Digital Signature Service
Introduction :--
For creating electronic signatures, the signer is required to obtain a Digital Signature Certificate (DSC) from a Certifying Authority (CA) licensed by the Controller of Certifying Authorities (CCA) under the Information Technology (IT) Act, 2000. Before a CA issues a DSC, the identity and address of the signer must be verified. The private key used for creating the electronic signature is stored in hardware cryptographic token which is secured with a password/pin. This current scheme of in-person physical presence, paper document based identity & address verification and issuance of hardware cryptographic tokens does not scale to a billion people. For offering fully paperless citizen services, mass adoption of digital signature is necessary. A simple to use online service is required to allow everyone to have the ability to digitally sign electronic documents
eSign
eSign is an online electronic signature service which can be integrated with service delivery applications via an open API to facilitate an Aadhaar holder to digitally sign a document. Using authentication of the Aadhaar holder through Aadhaar e-KYC service, online electronic signature service is facilitated
Salient Features of eSign
Save cost and time
Aadhaar e-KYC based authentication
Improve user convenience
Mandatory Aadhaar ID
Easily apply Digital Signature
Biometric or OTP based authentication
Verifiable Signatures and Signatory
Flexible and fast integration with application
Legally recognized
Suitable for individual business and Government
Managed by Licensed CAs
API subscription Model
Privacy concerns addressed
Assured Integrity with complete audit trail
Simple Signature verification
Immediate destruction of keys after usage
Short validity certificates
No concerns regarding key storage and key protection
Easy and secure way to digitally sign information anywhere, anytime - eSign is an online service for electronic signatures without using physical cryptographic token. Application service providers use Aadhaar e-KYC service to authenticate signers and facilitate digital signing of documents.
Facilitates legally valid signatures - eSign process includes signer consent, Digital Signature Certificate issuance request, Digital Signature creation and affixing as well as Digital Signature Certificate acceptance in accordance with provisions of Information Technology Act. It enforces compliance through API specification and licensing model of APIs. Comprehensive digital audit trail, in-built to confirm the validity of transactions , is also preserved.
Flexible and easy to implement - eSign provides configurable authentication options in line with Aadhaar e-KYC service and also records the Aadhaar ID used to verify the identity of the signer. The authentication options for eKYC include biometric (fingerprint or iris scan) or OTP (through the registered mobile in the Aadhaar database). eSign enables millions of Aadhaar holders easy access to legally valid Digital Signature service.
Respecting privacy - eSign ensures the privacy of the signer by requiring that only the thumbprint (hash) of the document be submitted for signature function instead of the whole document.
Secure online service - The eSign service is governed by e-authentication guidelines. While authentication of the signer is carried out using Aadhaar e-KYC services, the signature on the document is carried out on a backend server of the e-Sign provider. eSign services are facilitated by trusted third party service providers - currently Certifying Authorities (CA) licensed under the IT Act. To enhance security and prevent misuse, Aadhaar holders private keys are created on Hardware Security Module (HSM) and destroyed immediately after one time use.
How do I get a Digital Signature Certificate?
How do I get a Digital Signature Certificate?
The Office of Controller of Certifying Authorities (CCA), issues Certificate only to Certifying Authorities.CA issue Digital Signature Certificate to end-user. You can approach CAs for getting Digital Signature Certificate. The website addresses are given below.
Type of skill required for insurance job
Whether you are seeking a career as an insurance agent, underwriter or actuary, specific skills are necessary. Analytical and technical skills are particularly essential for many positions in the field. For some insurance jobs, you must be licensed by passing an exam on insurance fundamentals and state laws. For advanced insurance positions, candidates may become certified through the Insurance Institute of America.
Customer Service Skills
Insurance professionals must be able to communicate with audiences of all types. They routinely call potential customers and set up meetings to obtain details about their finances. They also help policyholders settle claims and organize events to sell insurance. Their work depends on strong customer service skills as they recommend insurance policies appropriate for their customers' lifestyles
Analytical Skils
When evaluating a customer's claim or calculating the cost for an insurance policy, insurance professionals must exercise good analytical skills. Insurance sales agents are responsible for reviewing financial data to determine the best insurance policies and plans for their clients. Insurance underwriters analyze insurance applications to determine whether to extend coverage to a client. In some instances, insurance underwriters need to review a person's credit score and medical documents to determine the risk of insuring a client.
Organizational Skills
Because insurance professionals handle customer files and records, they must have efficient organizational skills. They are also responsible for handling policy renewals and organizing files on potential customers. A good system ensures that a customer's file, which contain personal information such as Social Security number, financial income and driving record, is properly maintained.
Technical Skills
Insurance professionals must be comfortable working with computers and making math calculations. They may use a variety of software, including customer relationship management programs, to maintain customers' files and underwriting software to review insurance applications. Because insurance professionals must calculate premiums and amounts of coverage, they should know algebra, calculus and statistics.
3 THINGS COLLEGE STUDENTS CAN LEARN FROM THE INDIAN STARTUP CULTURE,
When it comes to solving challenges in business these days, the most innovative solutions usually come from startups. Of course, established companies do solve some of them. But what makes a startup different is that they end up finding solutions using very few resources. If you draw parallels to the startup culture, it is somewhat similar to that of students in college (well, most of them), as it’s a stage of life where they have less access to cash, are trying to learn more, and are also coming to terms with the important things in life.
So what can a college student learn from the startup culture?
Here are 3 things:
Bootstrapping: When you don’t have access to external funding, you have to find alternative ways of making the most of what you have. That’s what startups are really good at! Bootstrapping basically means commencing a business minus that external financial backing, and using inexpensive resources to get the job done. As a college student, what you can learn from the startup culture is how to make do with things on a shoestring budget. This means finding out ways to do more with less. For example, instead of buying new textbooks, you can either borrow it from a library or go for pre-used ones. Even better, find people who are studying in classes ahead of you, if they are willing to lend their previous year’s books and/or notes.
Innovation: Yep, innovation may be on its way to becoming the most clichéd term ever, but when it comes to survival it is something that enables you to stay ahead of the curve. For anindustry behemoth, innovation can be a choice. But for a startup, innovation is a must. And employers these days are not just looking for problem solvers, they want individuals who can get the best possible solution with the least possible resources. So it becomes quite significant for a college student to start thinking innovatively and out of the box. You can apply innovative methods to find out the best way to learn a topic quickly and how to get the best grades. For example, the education system in India, especially the examinations, are quite static. What most Indian college students do is go through question papers of exams held in the last five years and find patterns and probable questions. Though criticized, this method works for each individual student in his/her unique way and gets the results for them.
Persistence: At a startup company job, the attitude of the founders and the employees is that things don’t happen, you have to make them happen. Be it product management or day-to-day office administration, new instances offer newer sets of challenges and these have to be overcome, anyhow. Most entrepreneurs persist till they find out a way to solve a particular problem. It could be anything – a bug, getting the right person for the job, or even deciding office policies! At the end of the day, persistence is a quality that comes good in your professional life as well as your personal life. As a college student, if you imbibe the value of perseverance, it becomes a habit when you start looking for a job or maybe start your own venture. Situations that will enable you to practice these qualities in college are during your projects or when participating in events or competitions.
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