Article View: cu.business.general
Article #382How to profitably help Tsunami victim
From: webmaster
Date: Mon, 17 Jan 2005 17:38
Date: Mon, 17 Jan 2005 17:38
281 lines
13589 bytes
13589 bytes
Many people think that helping Tsunami's victim is a win lose situation. When we donate money, we lost the money and the other got helped. So many people don't help. In many case, there is much truth in it. However, just like business, there are always better ways. There are many ways to help that's also profitable. To keep to the point, here are a few ways we can help Tsunami's victim in a way that's also profitable or at the least cost very little sacrifice for our business. While making profit for ourselves, or sacrificing very little, we can make a difference to those victims. Providing service or selling product at cheaper or zero cost For most products, under contemporary capitalism, the market price is significantly higher than the marginal cost, including marginal opportunity cost. Those apply to all products where prices are controlled to further maximized profit. Those are the case on products and service with greatly diminishing marginal costs, such as software, books, chemicals, and virtually all high tech products. More profit can be made by a business if the business is willing to sell the product at cheaper cost to some parties. However, doing so will lower the price for all parties reducing profit. Disaster is then a great "excuse" to execute a price discrimination strategy. By providing goods or services near the production cost for Tsunami's victim, donations' efficiency can be greatly improved to 200%-300%. This while assuming the 100% efficiency to correspond to buying goods at "market selling price" Businesses also take into account the benefit of good image and brand awareness. Hence, it makes sense to even sell your product or service below, at, or just slightly higher than the cost price. Even giving away products can still be profitable if the product marginal cost is so low. Donating products will improve brand awareness and the business' public image, possibly more cost efficiently than advertising. This strategy is useful for brand dependent products, such as instant noodles, drugs, and music. Celebrities often give performance for victims. Those celebrities probably won't get any order otherwise anyway, might as well work for free to build brand. Other products or services, such as internet promotions, books, etc. can also be provided at free or extremely cheap costs. Drug manufacturers and water treatment chemicals can also use this strategy. This strategy is the kind we're aiming for to help victims. If your business want to participate, please email us. Giving away unused goods I remember that 14 years ago, I had a box called PC XT. Now that box is ridiculously obsolete. I bet the foundation we gave that box away must have thrown that box away. Don't worry. This website is created by Pentium 3.2 GHz on top of Asus P4800 Motherboard. Yap, PC XT is a very obsolete box. The truth is I wish that box is still here besides me. Fifteen years ago, that box is the greatest thing in my life. That thing is a great source of recreation, programming experience, and learning experience. I was so amazed to see how a box can do many jobs many humans need to do with a skill called programming. I felt like a god. That's the kind of feeling and confidence we can instill to those poor victims. That box introduced and improved my interest in computer. That, by now obsolete box, is what makes me a businessman now. So, look at your storage room. Got a Pentium II or III you want to get rid of to free some spaces? Too tired to bother asking for a selling price? Individual consumers are risk avert they don't like to buy used stuff out of fear that the box will malfunction. Only 10% perceived risk of malfunctioning will lower the price of a PC by 50% more. Also customers tend to over estimate the probability of PC's malfunctioning. You won't get a good price if you sell obsolete used PC. However, for the Tsunami's victims, that box can totally change their life. When kids in Nias, Aceh, India, or other regions got a lot and lot of PCs we thought are obsoletes it'll cheer them up. For many of them, getting to use a PC could be one of the greatest thing in their life. In fact, some channels that we promote are so poor that the sisters don't even have a PC or fax machine. This is an opportunity to turn their life so big that we can make actually make them better off economically after the Tsunami than before. They're already poor. Let's give them a chance to be rich. Hopefully it'll help them to forget their lost families. Donating Unused Product Also the benefits of donating PC to many people do not get penalized by risk avertness. If the risk of malfunctioning is 10%, well, the victims will have 10% less PC. So again, consider giving away or selling it at the low price you would have gotten for your used PC. This would work for many other products. Used type writers, obsolete PDAs, obsolete printers. If you do this, after the smoke clear, may be we can find ways to organize those obsolete items for profit. If your business want to participate, please email us. Spreading information Many donations channel are highly inefficient. Many people want to donate. However, they don't know how. Often they donate to people in the street that are often just con artist. Often they donate to inefficient channels that have little intensives to efficiently allocate the donation. When we find good channels, the efficiency and effectiveness of those channels are effectively "value" which we can leverage by spreading the news. We put channels we think is good in this page. If you know any good efficient channels, please contact us at webmaster@businessconnection.com. We can also spread the news to as many people as possible. Linking product sales to aid If you pledge that a certain percentage of this month sales will go to Tsunami's victim, while the hype is on, more people will want to buy your product. So why not do that? The right amount will be what's beneficial. Consult your MBA for that right amount. Donating and taking advantage of it Within the right amount, donation can be beneficial too. Donation signals financial capability and niceness. This will attract business partners in business networks. Donation can maintain the good image of a business in ways that's probably more cost efficient than other form of advertising. Voluntary donation also shows the world that capitalism work. If this can convince enough people, we'll make our country a much better place to live. Properly done, taking advantage of donation you make will help both the victims and you. For example, say you, out of conscience, is willing to sacrifice $5,000 for the victim. Many religions, like Christians, Muslims, and Buddhists encourage sacrificing a small percentage of one's profit to induce Gods to bless your business. Say, by donating, you can improve your brand quality bringing profit of $4,000 for every $5,000 you spend. Then for the same amount of willingness to sacrifice, you can donate $25,000 instead. Your sacrifice is still $5,000 because you get $20,000 in improved brand quality. What about if by donating you bring profit that exceed your donation cost? Say when donating $5,000 you improve your brand quality in a way that bring $6,000 profit to the company? Then you can donate as much as possible without feeling heavy about it. What about rather than donating money, you donate your business' service, that costs half and improve brand quality twice as much? You're actually making $12,000 - $2,500=$9,500 for every $5,000 worth of product you donate. To improve the benefit of donating to companies, if you have donated to the Tsunami's victim, why not fill up the form in here so we can connect you to our network. Capitalism Good old fits for all cure we know and love. Normal regular capitalism it self, as usual, is a great help that can be. If we want a country to grow prospers, foreign aid is not the answer. Let the market take care of the stuffs and we'll see prosperity unprecedented in history. Capitalistic merchants can help streamlining food and products distribution to lower goods prices in affected area. However, in case of humanitarian disasters, there are even greater opportunities to help. Boosting Ego and Political Causes A species of bird will risk their life warning their friends when predators arrive. When another bird want to take offer the volunteer job, the reigning champion will prevent the other bird from giving warning. Birds that loudly perform altruistic act signals superior fitness. Such birds then attract more female birds and produce more offspring. Preference that leads to gene pool survival in the past is the type of preference that are common now. Hence, the origin of "ego" in most species. Moreover, Art of War in 13 chapters, says that politically correctness (Tao) is the main factor that makes a country win war. Giving donation will boost political correctness of those who are giving it. The act may be more cost efficient than buying tanks and guns. Hence, those who understand the benefit of altruism will go the extra length of helping others to the point of preventing others from doing the same thing. Indonesian government reject Israelites aid. US government block many Arabic channels from donating under the pretext of fighting terrorism. Christians and Hindus in India fight over a help camp. Thailand government rejected all foreign aids. We truly regrets Indonesian's government's decision to reject Israelites donation. Not that we support the Israelites cause. We suspect the true reason behind all those curfews the Palestinians are complaining about are to protect Israelites' jobs from the cheaper Palestinians. That unfairly hurt both Israelites' capitalists and Palestinian's workers. Not to mention the war money that could have been used to build a better world for the rest of us. However, we believe the right to reject a donation should be left for the victim. The same opinion goes to all other parties that prevent donation from coming in. Also, with so many people fighting for their cause with nukes and guns, so what if someone want to fight with donation? It's simply a sad fact that even on this unfortunate circumstances, governments end up being the one preventing aids that the victims need. This shows that we could have lived in a much more abundance world if all those blockage are removed. Imagine a world where people would fight for their cause by donating rather than by guns and nukes? If humane, productive, and consensual ways to fight for political causes, status, and prestige are blocked, those in power will have to resort to other ways. Removing all restrictions of all mutually consensual and mutually beneficial ways to make and use resources will then make our world a very abundance one. Now that I say it. Promote Capitalism A most common pretext for government involvement in punishing productivity is to help the "less fortunate." However, as all entrepreneurs know, wealth are more a function of effort, smartness, and common sense, rather than fortune. The devastating effect of welfare program is that it encourages lack of productivity and poverty it supposedly prevent. Not to mention that government tend to hurt more than help when they're in charge of solving any problem. However, victims of Tsunami's did nothing wrong that cause their misfortune save for not making stronger house. Well, there are things they could have done like following where the cat go. However, if I figured that I would have failed to under the same circumstances, that'll raise my sympathy. It's a natural disaster. In this case, we have a really misfortunate case. Unlike welfare, helping Tsunami's victim will not encourage unproductivity and poverty. It's not the victim's fault. They're just out of luck. Hence, Tsunami is our rare chance to show that even under the most unfortunate circumstances; capitalism is still the way to go. We know that capitalism works not only in maximizing productivity but also in rationing resources to those productively deserver it. By private donations, we'll show that capitalism also help those who truly are less fortunate. written by the Gene Pool Survival Coach http://reallyhelptsunami.com/profitablewaystohelp.htm
Technical Details
Message-ID:
<1105983511.036314.313610@f14g2000cwb.googlegroups.com>Path:
arc1-ca.pugleaf.net!g2news1.google.com!postnews.google.com!f14g2000cwb.googlegroups.com!not-for-mailShow Full Headers
Complete Article Headers
X-Google-Thread: fd0e6,c93309eb64d498af,start X-Google-Attributes: gidfd0e6,public X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news1.google.com!postnews.google.com!f14g2000cwb.googlegroups.com!not-for-mail From: webmaster@reallyhelptsunami.cjb.net Newsgroups: cu.business.general Subject: How to profitably help Tsunami victim Date: 17 Jan 2005 09:38:31 -0800 Organization: http://groups.google.com Lines: 282 Message-ID: <1105983511.036314.313610@f14g2000cwb.googlegroups.com> NNTP-Posting-Host: 64.233.133.138 Mime-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" X-Trace: posting.google.com 1105983515 22295 127.0.0.1 (17 Jan 2005 17:38:35 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: Mon, 17 Jan 2005 17:38:35 +0000 (UTC) User-Agent: G2/0.2 Complaints-To: groups-abuse@google.com Injection-Info: f14g2000cwb.googlegroups.com; posting-host=64.233.133.138; posting-account=9T1HXw0AAABQuDZ8IlKkNdO-H1X4R8jY