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business opportunities – Nitin Bang https://www.nitinbang.com Online Business Builder, Social Media Consultant, Digital Marketing Planner Sun, 25 Apr 2021 06:50:47 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.25 Is Digital Library the great future business opportunities? https://www.nitinbang.com/is-digital-library-the-great-future-business-opportunities/ https://www.nitinbang.com/is-digital-library-the-great-future-business-opportunities/#respond Wed, 20 Jun 2018 16:26:48 +0000 https://www.nitinbang.com/?p=24202 First Post on nitinbang.com

This is the brand new idea about digitize and make yourself rock. Are you challenging personality and Know well about internet things? If yes, Digital library will be your super choice. Rapid advances in information […]

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First Post on nitinbang.com

This is the brand new idea about digitize and make yourself rock. Are you challenging personality and Know well about internet things? If yes, Digital library will be your super choice.

Rapid advances in information technologies have revolutionized the role of libraries. Digital Libraries actually redesigned from the Traditional library. These kinds of libraries provide services and product information to their subscribers online.

Digital library is the community-driven object. They grow with their subscribers and share valuable information with a nominal charge. If any digital library having 5000 subscribers and each subscriber give $1 to the library, then library worth is $5000 per month.

Traditional libraries are still handling cumbersome printed materials that are expensive and bulky. Information seekers are no longer satisfied with only printed materials. Demands for digital information increased exponentially in last few years.

A digital library is a collection of documents in the organized electronic form which is available on the Internet. It can be carried in form of CD-ROM (compact-disk read-only memory) disks, Pen drive or even into your smartphone.

A digital library or digital collection is an online database of digital objects. This collection can include text, still images, audio, video & other digital media formats.

The digital content may be stored locally, or accessed remotely via computer networks. Digital libraries can vary immensely in size and scope and can be maintained by individuals or organizations. In addition to storing content, digital libraries provide means for organizing, searching, and retrieving the content contained in the collection.

Depending on the specific library, a user may be able to access magazine articles, books, papers, images, sound files, and videos.

Characteristics of Digital Libraries

  • Digital library having low cost and High Returns as a point of Business views. ‘
  • Build paperless society, which is obvious environment-friendly.
  • Digital library collections contain permanent documents. The digital environment will enable quick handling and/or ephemeral information.
  • Digital libraries based on digital technologies. The assumption that digital libraries will contain only digital materials may be wrong. Digital libraries are often used by individuals working alone.
  • The physical boundaries of data have eliminated. Support for communications and collaboration is as important as information-seeking.
  • Compression of data storage is enabling publication and storage of digital information. Telecommunications is facilitating the storage, retrieval, use, and exchange of digital resources.

Purpose of Digital Library

  • Encourage cooperative efforts in research resource, computing, and communication networks.
  • Systematic procedures to collect, store and organize information in digital form.
  • Promote the efficient delivery of information which is pocket-friendly to all subscribers.
  • Strengthen communication and collaboration with various educational institutions.
  • Take a leadership role in the generation and dissemination of knowledge.

The function of Digital Library

  • Access to primary information sources.
  • Support multimedia content along with the text.
  • Access to large amounts of information to users wherever they are and whenever they need it.
  • Network accessibility on Intranet and Internet
  • User-friendly interface
  • Hypertext links for navigation
  • Client-server architecture
  • Integration with other digital libraries.
  • Advanced search and retrieval.

Components

  • Infrastructure
  • Digital Collection
  • Systems function
  • Telecommunication facility
  • Human resources

Disadvantages of Digital Library


Copyright issues
Digitization violates the copyright law as the thought content of one author. It can be transferred by other without his acknowledgment. So these issues need to overcome for digital libraries. Each author needs to ensure their content must not copy from your digital library. All content needs to protected by copywriting of the author.

Initial cost is high
The infrastructure cost of the digital library is bit high. But Return of your investment is also high. Hardware, Software, license, copy-writing and data security is the key investment areas.

Bandwidth
Digital library will need high bandwidth for transfer of multimedia resources. But the bandwidth is decreasing day by day due to df over usage.

Efficiency
Finding the right material for a specific task becomes difficult sometimes. There are some hurdles with the larger volume of digital information.

Environment
Digital libraries cannot reproduce the environment of a traditional library. Many people find the printed material is to be easier than reading material on a computer screen.

Preservation
Due to technological developments, a digital library can rapid become out-of-date. when we talk about facts, everything gonna outdated after a while.

Education / Eligibility 

A master’s of library science (MLS) is required to work in a public or academic library according to the American Library Association. A candidate needs an MLS to work for a national collection or legal library.

A high school diploma or its equal education is the least requirement for obtaining a position as a clerical library assistant.  Some digital libraries may be amenable to hiring and training high school students. An associate degree or a post-secondary certificate in library technology is usually for library technicians. Curriculum requirements generally include topics in automated services, acquisitions, cataloging principles and reference.

Skills Required

The Digital Library Research and Development department suggests that a digital librarian have the following qualitative requirements

They must thrive with ongoing change, be a constant self-educator, remain open to varying degrees of experimentation, take risks, learn from experience and have a sense of optimism of the potential in technology.

Job responsibilities

In addition, the person should love books reading. Library assistants should be computer literate and have good organizational abilities. Communication and interpersonal skills associated with any high public contact position also appreciated.

The job responsibilities of a digital librarian are quite similar to the traditional librarian. the person should be responsible for cataloging and by maintaining accurate records of the collection.

Librarian’s Day-to-day duties include planning and coordinating technical work and managing special projects. Librarian works closely with team mates, ensuring that all information shared with the public over the web is properly licensed, especially pieces donated or that are on loan to the library.

The digital librarian also monitors collection, budgets and expenditures. They are responsible for maintaining relationships with all vendors associated with the digital library. Additionally, a digital librarian also acts as a supervisor to junior staff and assists in hiring new personnel.

Job Opportunities

As many libraries and various collections begin to migrate material and make more information available to the public, the need for digital librarians will continue to grow. Candidates can inquire at the local public library, art gallery, museum or any other institute that maintains records and information for the purpose of sharing with the public. Many companies such as banks and financial services firms proactively seek digital librarians to assist in archiving information for historical purposes. Internet job banks may include positions for archivists or digital librarians.

Make Money Online Business Opportunity: 3 Ways to Earn Money by Social media Posting – Paid Social Media Jobs

Conclusion
A digital librarian is an archivist responsible for the selection, acquisition, organization, accessibility and preservation of a digital library. A digital library exists in many different variations from the online local public library to an extensive collection of genealogy records. These new digital libraries allow the public access to materials and collections otherwise not available with the click of the mouse or the invention of the Internet. The digital librarian oversees all aspects of managing the library or collection website.

P.S.- As a Digital librarian, You can offer relevant courses and programs to your subscribers by the trained mentor as an affiliate partner.

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What you do not know about an ideal business? https://www.nitinbang.com/what-you-do-not-know-about-an-ideal-business/ https://www.nitinbang.com/what-you-do-not-know-about-an-ideal-business/#respond Sun, 06 May 2018 15:52:41 +0000 https://www.nitinbang.com/?p=24019 First Post on nitinbang.com

The first question that can arise in your mind after reading this title of an article is “ what is an Ideal business?” A business that is ideal for you is not ideal for everyone. […]

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The first question that can arise in your mind after reading this title of an article is “ what is an Ideal business?” A business that is ideal for you is not ideal for everyone. The ideal business for you is based on the talents, skills, and knowledge you bring to the table.
 
An ideal business is one you know something about (and preferably you know a lot). More specifically, you know about the product(s) you’re selling as well as the people you’re selling them to. It helps if you are (or were) a buyer of the product(s) you’re selling – or product(s) similar to it.
 

1. Something you are passionate about

Passion is the starting point of an ideal business. Find your passions, and build on the things you are passionate about to create a successful business. Working on something you love helps make the whole process of starting and running a business so much easier.
 

2. Specific market niche

Find a niche where your business can be top. do not become the jack of all trades.
 

3. Low fixed costs

The higher the fixed costs, the more you have to sell before you can break even on your costs.
 

4. Positive Cash flow

Don’t make the mistake of not having enough cash to operate. Cash flow is the lifeblood of all business. One essential element of ensuring a healthy cash flow is by collecting payment first.
 

5. Deep funnel

Work to build a real connection with your clients and take them deeper into your business funnel.
 

6. Power of Pre-eminence

There are 2 ways to make your mark in the market: by being the best or being the cheapest.
 

7. No perceived competition

You need to have a clear and distinct position in the marketplace that jumps to your prospective client’s mind.
 

8. Scalable

Look for a business that can grow fast.
 

9. Nurture powerful team

Spend more time doing what you love and you will become more effective in your role in your business.
 

10. Create intellectual property

Find a business that consistently generates a valuable intellectual property that you can sell or license.
 

11. Quick Decision & Action

For effective business control, quick decisions & actions are essential. Insole trading concern, due to single man management, quick decisions & actions can be easily taken.
 

The signs of an ideal business

1. The ideal business should enjoy low overhead costs. It should not need an expensive location, nor should it need expensive legal advice, a large inventory, high electricity, high-priced employees and advertising.
 
2. The ideal business should be easily movable or portable. This means that it should be able to adapt to location changes if needed. This one characteristic is particularly instrumental when expansion takes place.
 
3. The ideal business will always satisfy your intellectual and even emotional needs. There’s nothing in the world like being passionate about what you’re doing. You’re having fun when that happens, you’re not working.
 
4. The ideal business should be free of all kinds of industry and government regulations.
 
5. The ideal business will always satisfy your intellectual and even emotional needs. There’s nothing in the world like being passionate about what you’re doing. You’re having fun when that happens, you’re not working.
 
6. The ideal business sells worldwide rather than a limited range such as a neighborhood or city or state. In other words, it should have an unlimited global market.
 
we all have seen the traditional stores fades away due to big retails store in town. It is necessary to change the business system when upgrade required.
 
7. The ideal business sells a product that cannot be easily copied or reproduced. It means the product should completely original or at least patented or copyrighted.
 
Conclusion
There is no perfect definition business of a successful ideal business. Every business needs a target market to serve. If you think you’ve found your niche, you may want to take a closer look at it and make sure it’s worth pursuing. Once you understand what your ideal business is, you can identify and access your market better than the competition. To know more about online business, contact or email us at www.nitinbang.com

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How To Turn Your Hobby Into Business That Make Money https://www.nitinbang.com/how-to-turn-your-hobby-into-business-that-make-money/ https://www.nitinbang.com/how-to-turn-your-hobby-into-business-that-make-money/#respond Fri, 13 Oct 2017 17:08:30 +0000 https://www.nitinbang.com/?p=23648 First Post on nitinbang.com

You are human and being a human you like to do something which does not reward you anything but makes you satisfy, gives you pleasure. And that is called a hobby. No matter your hobby […]

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You are human and being a human you like to do something which does not reward you anything but makes you satisfy, gives you pleasure. And that is called a hobby. No matter your hobby returnable, but you like to do all the time without any timely manner.

You can do it even when you are free, occupied, tired or hassled. To be busy is nothing than engage with your priorities. Do you really know what your hobby is? How can you get hobby income? Just take a piece of paper and write the task what you love to do without any time bond. A task which gives you pleasure, give your soul satisfaction and you are passionate about it too much.

There are two types of hobbies-

  • Product Base
  • Services Base

Product base hobbies are those where you create some product as your hobby for ex. Create items with waste material, affordable and daily based products like to create cleaning items, make cookies and chocolates, decorative items etc.

Service base hobbies are those where your presence is essential for ex. Photography, playing games or interior designing, content writing or create educational videos etc.

I am talking about hobby business ideas to make money on this blog. And step by step guidelines about how to find a hobby and crafts that make money.

Identify your hobby
Once you identify your hobby, you are aware to groom itself. You should learn enough knowledge to do it at your best level. It is the basic requirement to sell your hobby that you must know well your products in such ways, else you can’t face your customer’s query.

Identify objects what could be monetized
After identifying your hobbies, you are aware of what objects you can monetize your hobbies. You should consider hobbies that make money.

Let me explain with few examples-

If you are creative and know how to create creative items with waste material, you can earn with your final product, this can be your source of earning.

If you are playing then you can go in tournaments and can play for society, school or your community. You will be rewarded for it also. People know you and you become a popular personality in your field.

If your hobby is to collect coins or antique products, you can start to participate in the exhibition and earn with your hobby.

If your hobby is drawing and paint pictures, you can go with paintings and sell it online as well as offline in painting exhibitions

If your hobby is to create animation, videos, you can monetize your hobby with youtube.com

There are hundreds of options where you can build a business with your hobby

Build sincerity
You need to create discipline in your hobby if you want it to be monetized and make money, you should focus on your hobby, need to increase your knowledge about your hobby and improve your skill, you must develop a sincere plan for what you want to be and how you can do it?

Set up a master plan


After developing sincerity, there is need to set a plan about your hobby, which is going to be a business plan, that is very crucial and basic step where your efforts and approach should be in the right direction.

How you sale your hobby? how you market your hobby? how you grab customers who are interested in your hobby and products. What kind of service you will provide if you develop a network and sale your hobby products or services.

All of these are matters of planning that hobbies to do at home and get hobby income. I will provide you a check sheet to help to create your master plan.

Hook with your plan
This is the time to hook with your plan where you need to track your potential customers, manage all your inquiries about your products/services. How you set up plans better. You can use social media platforms to market your products.

Control the business structure
This is the structure where you are settled your business structure, within a month or two, you will structure your base business plan that how you make your sale, how you reach to your customer and provide your products, how much effort to need after sale support and training if required. Its call complete control management over your business and hobby. There is a necessity to make a healthy setup between your hobby and business. Do not overwhelm with your hobby and business. It’s going to be smooth and for that, you will search new tricks for more sales with less effort.

Make it regular
If you are not regular with your hobby and business, you must start with base efforts again and again, because people forget you and about your hobby, they should remember that you provide particular products or services, so people remember you, keep in touch with them and ask them about their network to purchase with you. Finally, your marketing strategy will work, in which you are comfortable.

Convert it to sale
After Marketing, social media advertising you must focus on sales too. If you don’t make any sale, all efforts will not make money. The important part of your complete cycle is sales your products in a good manner, you should provide information about awareness to people about your products, for ex. If you make clay articles you must say to them about clay quality, environment-friendly color with low price etc. this is the sales strategy to give the boost to your sales.

Additional helping tips
Some very basic tips I am giving you are hereunder –

  • Calculate your product cost and price because you are here to earn money, not losing it.
  • How much cost you can cut off in product making charges
  • What will be your profit margin?
  • You should focus on a delivery point of view also
  • What services you offer with your products which you can easily handle, remember this is your hobby.
  • Connecting with your customers
  • Delivery options

Passion and patience both are very important words to inspire your sale.

Conclusion:
So, what is your hobby? Just write me and what is your planning to monetize your hobby, if you still do not identify your hobby and want to know how you can monetize it, write me in the comment box, I will help you to develop a plan to make your hobby profitable. (Share it, subscribe and comment to get more updates)

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