I have a one word answer. Women. The Economist suggests that  women in the West are responsible for more than 80% of purchase decisons. That means they are purchasing in every product category—regardless of what many stereotypes suggest. That means not just great bags and shoes, but consumer electronics, cars and their maintenance and parts. That means the “traditional boy toys” are now the domain of the woman purchaser or decision maker that will decide what “boy toy” to buy!
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It has been a while since I have focused on an article about women. As a women run and owned firm we are certainly proud to be part of this new dynamic. The article I am going to share is written by Claire Shipman and Katty Kay. I think that this article says it all about where the world is going and how important it is to focus on this most important demographic from a marketing standpoint and from a business persepective. Look at your team—do you support and encourage women in your business? Are you doing business with women run and owned companies? The attached article comes from the women owned Huffington Post and the point……”Survey after survey from California to Norway shows that women are not only good for business, but that companies that employ more senior women actually make more money. Call it Pink Profits“.
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Happy 2009 everyone! I thought I would start the New Year on a personal note. As many of our readers know we love technology and the many social media tools such as our blog, that grant a forum for us to speak about the things that we feel are relevant, interesting and educational.
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