Saturday, May 8, 2010
Bloomberg L.P. (Limited Partnership) is a closely-held financial software, news and data company. It is a subscription service that sells financial data, analytic software to leverage the data's usefulness, trading tools and news (electronic, print, TV, radio). This product has grown to be a global phenomenon. Bloomberg target segment are people in the field of business such as investors, financial planners and professionals in the finance market and etc. Bloomberg delivers news and research across the BLOOM PROFESSIONAL service to hundreds of thousands of investors everyday. bloomberg news publishes more than 6,000 stories a day which are carried in more than 450 newspapers and magazines around the world. BLOOMBERG LP is a syndicate content to more than 100 television and radio stations. BLOOMBERG LP created a Japanese language website that allows users to access business news offers the coverage of companies, markets, industries, economies, and government. It serves consumer ,energy, finance, health care, insurance, real estate, technology, and transportation industries. All together Bloomberg markets BLOOMBERG LP thought internet , tv , radio newspapers and magazines. Individuals in the business world feel inclined to purchase Bloomberg L.P. because of its services and special offers. Bloomberg L.P. demolishes his competitors ( Dow Jones and Company inc , Interactive Data Corporations (idc) and Thomas Reuters Corporations (tri))by the billions because of the products diversity , operational performance and luxury image. Bloomberg sales increases annually by 4 to 5 percent. Bloomberg L.P. has a high record in sales because most of his terminals are used by companies versus individuals. Bloomberg sells his product by the bulk. Bloomberg promotes and sells this product to business by sending out sales representative.The prices for the regular customers is The Bloomberg terminal cost is $1,500 and the monthly fee is $1,500 per month.This product is well known throughout his target segment that there is no need for public advertisement.
Monday, April 26, 2010
Product Concept
What is the main product of Bloomberg L.P. : The Terminals
What is a terminal : it is a computer system that enables financial professionals to access the Bloomberg Professional service through which users can monitor and analyze real-time financial market data movements and place trades. The system also provides news, price quotes, and messaging across its proprietary secure network. Most large financial firms have subscriptions to the Bloomberg Professional service. Many exchanges charge their own additional fees for access to real time price feeds across the terminal. The same applies to various news organizations.
How does Bloomberg Promote the terminals : Bloomberg terminals is well known product throughtout his target segment for example college students that major in the area of business, business owners , investors and etc... The company does not need advertise the terminals because it works strongly through word of mouth and Bloomberg L.P.send out sale representatives to different companies to recruit new customers.
Brands owned by Bloomberg L.P. :
BLOOMBERG: THE FIRST WORD
RADIO BROADCASTING; INTERACTIVE ELECTRONIC AND AUDIO AND VISUAL COMMUNICATION AND INFORMATION BROADCASTING OVER, BY OR THROUGH LOCAL OR WIDE AREA COMPUTER NETWORKS, WIRELESS COMMUNICATION NETWORKS, GLOBAL COMPUTER INFORMATION NETWORKS AND OTHER ELECTRONIC COMMUNICATION NETWORKS; NEWS AGENCIES SERVICES, NAMELY, GATHERING AND DISSEMINATION OF NEWS BY COMPUTER
BLOOMBERG: THE FIRST WORD
ENTERTAINMENT SERVICES IN THE NATURE OF PROGRAMMING DISTRIBUTED OVER BROADCAST, TELEVISION, RADIO, CABLE, AND DIRECT SATELLITE IN THE FIELDS OF NEWS, BUSINESS, FINANCE, CURRENT EVENTS, ENTERTAINMENT, SPORTS, HUMAN INTEREST STORIES, SECURITIES, SECURITIES MARKETS AND THE ENERGY AND ASPHALT INDUSTRIES; ENTERTAINMENT SERVICES IN THE NATURE OF PRODUCING AND DISTRIBUTING PROGRAMMING DISTRIBUTED OVER BROADCAST, TELEVISION, RADIO, CABLE, AND DIRECT SATELLITE IN THE FIELDS OF NEWS, BUSINESS, FINANCE, CURRENT EVENTS, ENTERTAINMENT, SPORTS, HUMAN INTEREST STORIES, SECURITIES, SECURITIES MARKETS AND THE ENERGY AND ASPHALT INDUSTRIES; COMPUTER SERVICES, NAMELY, PROVIDING ON-LINE PUBLICATIONS IN THE NATURE OF REPORTS, DIRECTORIES, BROCHURES, REFERENCE MATERIALS, LEAFLETS, NEWSLETTERS, NEWSPAPERS, BOOKLETS, PAMPHLETS, POST CARDS, FLYERS, MAGAZINE SUPPLEMENTS TO NEWSPAPERS, MAGAZINES AND TRADE AND PROFESSIONAL BOOKS IN THE FIELDS OF NEWS, BUSINESS, FINANCE, CURRENT EVENTS, ENTERTAINMENT, SPORTS, HUMAN INTEREST STORIES, SECURITIES, SECURITIES MARKETS AND THE ENERGY AND ASPHALT INDUSTRIES; NEWS REPORTING SERVICES, NAMELY, GATHERING AND DISSEMINATION OF NEWS BY COMP
The registered trademark for Bloomberg L.P. is : Bloomberg
Bloomberg is a Specialty Product
Saturday, April 17, 2010
Pricing
Saturday, April 10, 2010
Advertising and Promoting Facial Flex
Facial Flex is a product designed for older women who wish to hold on to their youthful appearence and stay forever 21. This product is suppose to be a healthier way of keeping your skin tight and intact as oppose to getting a sugery such as a face lift or recieving botox injections. Also this product is easy too use and affordable. Facial-Flex was first developed to help restore facial muscle tone for stroke and burn rehabilitation. As a daily facial exercise, the device is placed between the corners of the mouth, then flexed by pressing and releasing for about 2 minutes. Simple and painless !
Target Market: Mainly Woman 35 and older. But anyone can use it
Where can you buy this product : At the retail store Target and online at http://www.amazon.com/ , http://facialconcepts.com/ , www.QVC.com/FacialFlex and other websites using google search.
How is this product adversited : Through informercials , tv shows ( trya show) and magazine ads.
To see how Facial Flex works click on the following links : http://www.youtube.com/watch?v=v1tufV0u5Ec and http://www.youtube.com/watch?v=81tCp2IjlxU
My Opinion About Facial Flex :By the way I came across Facial Flex while watching the Tyra show. She was testing products to see if they really worked. The woman using Facial Flex said she love this product and she do feel a change in her face for the better ....
When i become older(even though black dont crack ...lol) this product caught my attention. I prefer try Facial Flex rather than sugery or botox injections. As a woman looking young and healthy is very important. Getting older in age is a blessing but looking like a prune OH NO ! I would do everything in my power to look young and sexy until i die :)
Friday, March 26, 2010
Bloomberg L.P. and Sales
Bloomberg's Net worth
1996 - 1 billion
1997 - 1.3 billion
1998 - 2 billion
1999 - 2.5 billion
2000 - 4 billion
2001 - 4 billion
2002 - 4.8 billion
2003 - 4.9 billion
2004 - 5 billion
2005 - 5.1 billion
2006 - 5.3 billion
2007 - 11.5 billion
2008 - 20 billion
2009 - 16 billion
According to Mike :
Bloomberg L.P. has a high record in sales because most of his terminals are used by companies versus individuals. Bloomberg is a large corporations whereas they don't have to invest a lot of money in promoting Bloomberg L.P.. Bloomerg market segment already is knowledgable of this producted. Anyone who is not in the business field tend to be a virgin to the Bloomberg L.P. industry. A huge quantity of terminals can be found in business schools , government agencies, banks and etc. The people that are charge of managing the Bloomberg terminal sales are the Accountant managers and marketing team.
According to David:
Most of Bloomberg's wealth 98% comes from the sale of the Bloomberg financial terminals , not for his media company activities. Bloomberg is not advertised like other products because Bloomberg L.P. sends out sales representative to private investors and new companies.The terminals are found in some Universities and those students get a first hand understanding of the terminal and the way it functions. Also college students can be considered as future clients for Bloomberg L.P.
P.S. the representative where every nice , but acting secretive to certain question I was trying to ask. I emailed bloomberg@bloomberg.net a few times but i never get a response back.