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How to execute online procurement with airSlate SignNow
In the current digital era, online procurement has become vital for companies aiming to optimize their workflows. airSlate SignNow provides an easy-to-use platform for efficiently handling document signing and collaboration. With a wide range of features, businesses can conserve time and resources while guaranteeing a smooth signing experience for both senders and recipients.
Steps to utilize airSlate SignNow for online procurement
- Launch your web browser and go to the airSlate SignNow site.
- Set up a complimentary account or log in to your pre-existing account.
- Choose the document you want to sign or share for signatures and upload it.
- If you intend to use this document multiple times, transform it into a reusable template.
- Open the document and adjust it as needed: add fillable fields or extra information.
- Insert your signature and include signature fields for recipients to sign.
- Click on 'Continue' to complete and dispatch an electronic signature request.
airSlate SignNow enables organizations to easily send and sign documents, presenting a cost-effective option that boosts productivity and efficiency. Its noteworthy return on investment arises from a comprehensive feature set that reduces expenses while enhancing benefits.
The platform is user-friendly and scales effectively for small to medium-sized enterprises, offering clear pricing with no hidden charges. With 24/7 support available for all paid plans, you can manage your document signing process with assurance. Discover the difference with airSlate SignNow today!
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FAQs
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What is procurement online and how does airSlate SignNow facilitate it?
Procurement online refers to the process of acquiring goods and services over the internet. airSlate SignNow simplifies this process by providing tools for easy document management and electronic signatures, streamlining the procurement workflow for businesses of all sizes.
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What are the pricing options for airSlate SignNow?
airSlate SignNow offers several pricing tiers to cater to various business needs. Our flexible pricing plans ensure that you can choose a cost-effective solution for your procurement online needs without compromising on features.
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What features does airSlate SignNow provide to enhance procurement online?
With airSlate SignNow, users can access critical features such as document templates, custom workflows, and mobile access. These features empower businesses to streamline their procurement online processes, making it faster and more efficient.
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How does airSlate SignNow ensure the security of procurement online transactions?
Security is a top priority at airSlate SignNow. Our platform utilizes advanced encryption protocols to protect all documents and transactions associated with procurement online, ensuring that your sensitive information remains safe.
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Can airSlate SignNow integrate with other procurement software?
Yes, airSlate SignNow seamlessly integrates with various procurement software and tools. This compatibility allows businesses to enhance their procurement online workflows and maintain continuity across their existing systems.
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What benefits can businesses expect from using airSlate SignNow for procurement online?
By using airSlate SignNow for procurement online, businesses can expect improved efficiency, reduced paperwork, and faster turnaround times. These benefits ultimately lead to cost savings and enhanced productivity for all users involved in the procurement process.
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Is training available for new users of airSlate SignNow?
Absolutely! airSlate SignNow provides comprehensive training resources, including tutorials and customer support, to help new users get acquainted with the platform. This ensures that businesses can quickly and effectively leverage procurement online capabilities.
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Do I need to choose a CompTIA Network+ N10-007 PDF for passing?
Systems administration is a standout amongst the most testing subjects you can experience in the IT Sector yet it is likewise a pined for aptitude among geeks. That is the reason organizing occupations pay well and have mind blowing openings. We have made the total guide for getting CompTIA Network+ Certified. This guide is for those people searching for a compensating profession in the Server room! In this guide you'll peruse somewhat about the affirmation itself, why it's a fabulous course, and how to breeze through those troublesome tests! So why get Network+ confirmed?What precisely is CompTIA Network+?CompTIA is for the most part known for the CompTIA A+ accreditation, yet CompTIA additionally offers a wide-scope of one of a kind tech confirmations covering various regions.Most CompTIA accreditations will run over Networking ideas with an expansive brush, however handling the mind boggling subtleties of a server room can require some quite explicit learning. An affirmed Network+ laborer will deal with the absolute most delicate pieces of IT advancement while at the same time associating every one of the gadgets all through a structure or grounds.Servers, Networks, and PuzzlesOne of the key factors in IT job is having the capacity to discover the answer for a wide scope of issues, once in a while this includes realizing enough data to precisely get to the issue also. A standout amongst the most testing zones in such manner is systems. Assume you go to the workplace toward the beginning of the day and the web is out. Is it out in your structure? Simply your office? Was the bill paid? Is a rope flawed? Is there an issue inside the dividers? Is the server working accurately? Is your PC itself the issue?Losing web may appear to be simple, however, in actuality, circumstances, you once in a while know every one of the subtleties. A Network+ confirmed tech can effectively distinguish an entire host of issues rapidly and discover what should be fixed. This may include an extraordinary device that checks the trustworthiness of a RJ45 jack or signing onto a switch to check whether VLAN is empowered. It might even involve heading off to the server room and rolling out some physical improvements. It is difficult, yet it beyond any doubt is intriguing!Ordinary you get the chance to be the Sherlock Holmes of the IT world and discover how to fix the absolute most baffling and befuddling issues of the tech world!So it sounds captivating, how precisely do I get affirmed?While it's as yet conceivable to take a N10-006 Exam, the N10-007 test propelled in March of 2018. We completely prescribe seeking after the more current, refreshed test, as it will set you up with the most present day and applicable data accessible. CompTIA consistently refreshes courses to keep them signNow and high in quality.Networking+ Certification is accomplished by passing the N10-007, an hour and a half test with 90 questions comprising both of numerous decision questions and reenacted questions (They truly assemble a one of a kind program to recreate genuine circumstances). To pass the N10 takes a high-grade, 720 out of 900 . It can likewise be somewhat expensive on the off chance that you don't have business arranged a while later. Exploit the tips we're going to partake in our total guide for getting CompTIA Network+ Certified.A test will run $302 implying that you will need to pass on the first go. While CompTIA suggests that you go through 9 a year getting ready for the test however on the off chance that you pursue our tips underneath, it'll take far less time. As in every case a large portion of this information can be adapted rapidly however genuine experience is dependably the ruler in IT.First get familiar with the Exam ObjectivesOn the off chance that you don't have the foggiest idea what you are considering, you just CANNOT pass this test. It's stunning what number of individuals appear for their first accreditations with the possibility that being great at PCs is sufficient to enable them to pass an extraordinary Exam course. Questions might be quite certain and include knowing complex language and systems administration models, just as expansive inquiries including the reasoning behind systems administration standards. Along these lines, you have to know the Exam Objectives. EO fundamentally layout the learning you are relied upon to know so as to pass an Exam. CompTIA offers a full-breakdown of each test they do, and the N10-007 targets can be procured here by rounding out a short structure. The wide targets can be seen underneath. Get the full-rundown and begin remembering!Building a Network Lab is CrucialWhat is a system lab? Just put it's a switch, two gadgets, some ethernet links, and web flag. All that you do with a system includes conveying between various gadgets. Building a system enables you to test distinctive system setups, play with settings like DNS, and become a specialist on the essentials of system designs. With present day machines, a more up to date workstation can turn up various Virtual Machines (Simulated Operating Systems) and utilize those to rehearse with. The toolset of today is massively best in class so make a point to exploit it! Put in a few hours during the time tinkering with your lab and rehearsing these abilities.Remember your tablesNetworking+ has a ton of apparently irregular numbers and tables you should remember. These tables regularly relate back to IPS/DNS servers, organizing conventions, structure chain of command, and that's only the tip of the iceberg. It might appear to be a task, yet knowing the contrast between various complex systems administration terms or why one standard is unique in relation to another can help you a great deal come Exam day.Free online recordings can make the hard subjects simple.Learning on the web has never been simpler and a few top notch educators have jumped up to walk new understudies through the troublesome way of affirmation. Learning by video is extraordinary in light of the fact that it enables you to comprehend arrangements far speedier than a straightforward book will. They might be somewhat dry yet they show you the broadness of CompTIA affirmations in a brisk, straightforward, outwardly engaging way!Do some training tests and read online aides!At long last, for the individuals who like to think about in a customary way, think about taking an online practice test. The N10-007 isn't simple using any and all means and a priceless method to think about is by gaining from the individuals who have taken the test. A few sites offer free online tests by specialists that impersonate the N10-007 inquiries in a certifiable way. By utilizing these online tests and study guides, you can without much of a stretch figure out the CompTIA Certification you are pressing together and get affirmed fast! Networking+ aides can be found at Free Exam Prep By IT Professionals and Youtube channel . It merits a fast hope to check whether they can enable you to handle the N10!Going into the Tech business is testing in any case it is a massively remunerating way. We trust this guide gave you a couple of strong pointers and some unmistakable tips on the most proficient method to improve your systems administration aptitudes. Systems administration isn't for everybody except for the individuals who get it, it tends to be a standout amongst the most agreeable PC undertakings possible. On the off chance that the total guide for getting CompTIA Network+ Certified has helped you get familiar with more about confirmation or propelled you, it would be ideal if you remark, similar to, share and buy in for progressively extraordinary substance on accreditation! We adore it when individuals leave our material enthusiastic and motivated to begin another profession. Until next time, continue concentrating for the N10-007 and good karma!
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What is the next wave of innovation in e-commerce after flash sales and private sales?
Ok, I have thought about this a lot having worked on a business plan/model in this space. The next great ecommerce phenomenon will be:FUN. Like not just fun because you got a great deal, or the site has great marketing and is Flashy. Hanging out with your friends at the mall when you're 14 years old was probably the last time you had a FUN experience that involved consumerism. And do you realize it was fun even though you had maybe $18 to spend on something shitty from Anchor Blue or that one pink and black chain (I forgot the name) that sold vaguely adult products. Now all your experiences online or offline are tinged with the maniacal pressure to get the best F-ing deal on the planet, or the sublimated guilt of spending more money than you really feel comfortable doing on some "brand", but hey it's Amazon Prime and it will be here in 36 hours so it's OK! Neither of these scenarios are really pure FUN FUN FUN 'till your daddy takes your T-Bird away.PRODUCT DRIVEN. Both in the sense that the site will be a PRODUCT that the web hasn't seen before: not just a marketing or business model gimmick, or smartly targeted audience segment, or whatever. And in the sense that the PRODUCTS you buy will be front and center in the experience.Will CHANGE what "buying" actually MEANS. Every ecommerce business model I've seen to date actually underwhelms because it aims far too low. The point of the web is that it makes it possible to actually change the definition of vocabulary words we use day in and day out through novel experiences. But all these fancy deal-a-day-private-sale-curated sites still mean "buying" when they say "buying". Thats boring!Will be acutely aware of MIMETIC DESIRE and the full implications of Rene Girard's thinking on modern consumer behavior.So that's my tease about what I think/know the next phenomenon will look like, at least in my imagination. Peace out!
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How do I get my lost driving licence number in India?
Driving License does not only allow you to legally drive your vehicle on the road but also acts as an important identity proof. In case your driving license is stolen, lost or damaged, you can get a duplicate driving license by contacting the RTO that issued your license. Also, some RTOs offer online facility using which you can file for duplicate driving license.In case you have lost your original driving license or if it has been stolen or mutilated, you can get a duplicate driving license from the same RTO that issued your DL. You can apply for a duplicate DL either online or directly at the RTO without any hassles. Read on to find more about applying for duplicate driving license in India.Documents Required for Duplicate Driving LicenseApplication Form LLD (for intimation of loss or destruction of driving license and application for duplicate)A First Instance Report (FIR) or NCR of the licence, in case it is lost or stolen.Original Licence (if he same is in a torn, mutilated or soiled state).Attested photocopies of the original driver licence (in case the same is lost).Details of the Driving LicencePassport sized photographsAddress Proof documents for referenceAge proof documents for referenceOnline Procedure to apply for a Duplicate DLSome state RTOs offer the feature to apply for a duplicate driving license online. You can Google the same to see if that facility is offered by the State Transport Department on their website.You will have to completely fill and submit the LLD form. Also, you will have an Upload option where you will be able to upload all necessary documents.You will be required to take a printout of the completely filled form LLD. Attach photographs wherever necessary and sign the form.Handover the form at the RTO office from where you originally got your Driving License from. Submit all necessary documents. You will not be required to take the Driving test again to get a duplicate license.Once this is done, the duplicate driving license will be sent to your registered home address via post. Also, you will be given a receipt which can be used in lieu of driving license till you get your duplicate Driving License.Offline Procedure to get a Duplicate Driving LicenseApplying for a Duplicate Driving License at the RTO is easier than online application if you stay close to the RTO that issued your original Driving License. Follow the steps given below to get your duplicate Driving License from the RTO without any hassles.Visit the RTO that issued your Driving License. Procure a Form LLD which is for the application of duplicate driving license. Fill the form completely and sign the form.Submit the form and attach all supporting documents as mentioned in the previous sections. Additional documents might be asked for depending on the reason of applying for a duplicate license.You will be required to pay a nominal fee for getting your duplicate driving license. Once this is done, you will get a receipt which can be used in place of a driving license till you get a duplicate license. The duplicate driving license will be sent to your registered home address via post.Application Form for Duplicate DLBeing informed about the things that you will be required to present in the application form will help you get a duplicate driving license without any hassles. You will be required to fill the form LLD for getting a duplicate license. Given below are some of the information that will be asked in Form LLD.You will be required to enter the full name and address as it was mentioned in the driving license.In the Form LLD, you will have to mention the reason of applying for a duplicate driving license. If the license was destroyed, torn, lost, defaced or mutilated, you must mention in what circumstances the loss happened.Also, you will be required to enter the driving license number, class of motor vehicle for which the driving license was held, name of driving license holder, licensing authority and the expiry date of the license.You must also present a declaration that your Driving license was not impounded by any authority.Once you have entered all the information, you should sign the application and enter the place and date. Also, you must also sign in the place provided for specimen signature.If you choose to fill the form online, you can reset or save the information which will be a big benefit. Also,you will receive a copy of the form in PDF format which you can print out and submit at the RTO after signing.
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What is the weirdest/rare book you've ever read and why?
The weirdest and rarest book that I’ve read is La Découverte de la Vérité (“The Discovery of the Truth”) published in The Hague in 1745 by the “Chevalier Veridicus Nassaviensis” (The Truthful Knight from Nassau):[Translation of title page: The Discovery of the Truth, and the World Undeceived, with Regard to Philosophy and Religion; Specially with Regard to Philosophy, of which the Author Provides an Entirely New System, Which Reveals All of the Most Important Mysteries of Nature; Insofar as it Shows the Existence of God and the Immortality of the Soul by Demonstration. Translated from the English, Corrected and Augmented by the Author, the Chevalier Veredicus Nassaviensis; Approved by the Celebrated Professor Wolff, Subscribed by Several Princes, and Other Persons of Distinction. At The Hague, at the Author’s Expense. 1745.]This is a very rare book. The author, who otherwise went by the name of who otherwise went by the name of Johann Konrad Franz von Hatzfeld, paid for a thousand copies to be printed, but the work was soon declared blasphemous by the Dutch authorities, who ordered all copies collected and publicly burned. Here’s a contemporary depiction of the sentence being carried out:Also, despite what the title page claims about the text having been translated from English to French, no English version of the text is known to exist. The work survives only in a handful of copies that escaped from the fire, now housed in libraries in the Netherlands and the US. You won’t find it on Google Books, the Internet Archive, or any other digital library that I’m aware of. So why (and how) did I come to it in the first place?In 2013 I published this short piece in the American Journal of Physics, on the complicated history of the perpetual motion machines that were supposedly built and demonstrated in the 1710s and 20s by a shadowy German entrepreneur who called himself Orffyreus, and about why those claims were promoted by no less of an authority than Gottfried Leibniz: “The mechanical career of Councillor Orffyreus, confidence man”. It was my research for that piece that introduced me to Johann Konrad Franz von Hatzfeld.Hatzfeld had first published a book in English called The Case of the Learned (London, 1724), accusing Isaac Newton of “vulgar errors” and of overturning “both natural and revealed religion.” In his latter book in French, Hatzfeld claims that that former book was burned by order of the Royal Society, but it’s actually easy to find online and I’ve consulted an original copy of it in the Royal Society’s library, which I visited the last time that I was in London.One of the arguments that Hatzfeld deploys against Newton in his first book is that Orffyreus had built a true perpetual motion machine powered by gravity, which Newton and his followers declared to be impossible. Hatzfeld had schemes of his own to make a perpetual motion device, but Newton and the rest of the Royal Society were unwilling to consider them.The book Enlightenment Contested: Philosophy, Modernity, and the Emancipation of Man 1670–1752 (Oxford U. Press, 2006), by Jonathan Israel, the Mellon Professor of History at the Institute for Advanced Study, in Princeton, makes much of Hatzfeld’s second book and of its attacks on established religion, the political and social orders of the European nations, and Newtonian physics. Indeed, Prof. Israel interprets Hatzfeld’s book as a major document of the “radical Enlightenment”. So I was naturally curious about what the book might say on Orffyreus and his connection with the war on Newton.I finally managed to procure a PDF scan of La Découverte de la Vérité from Jordy Geerlings, a Dutch historian who’d published a couple of articles on Hatzfeld and his anti-Newtonianism. I was disappointed to find that the book says nothing about Orffyreus or perpetual motion, presumably because by 1745 Orffyreus already been discredited and Hatzfeld had given up on trying to build his own perpetually moving machines. It’s interesting, though, that in his title page Hatzfeld claimed that the book had been approved by the prominent philosopher and Leibnizian partisan Christian Wolff, something that Wolff was later at pains to deny.Even though one might expect a book burned by the comparatively liberal authorities of the Dutch Republic in the mid 18th century to be hot stuff, this is actually an extremely inane and boring book, which I never quite got around to finishing. Its tedium is enlivened only by Hatzfeld’s wild invective against Newton (a “divine Beast”, whose entire thinking is “worth nothing”), Euler (an “arch-knave”), and others who failed to accept Hatzfeld as the greatest natural philosopher of all time. Here’s a sample passage (the translation from the French is my own):Having seen the falsity of the prodigious quantity of [gravitational] attraction that [Newton] attributed to the Sun, let us now see the falsity of that which he attributed to the planets. In the case of the Earth, the clouds will show the contrary, because if the Earth’s attraction signNowed up to their height it would cause the Earth to be flooded, as it has sometimes been by those clouds that have come close enough to the surface of the Earth to touch it. And since this doesn't happen to all clouds, it is evident that the attraction of the Earth does not signNow up to their heights, and much less up to the Moon, which [Newton] pretends is retained by it along its imaginary straight line.And if this divine Beast had only the intelligence of a wild goose, he could not have failed to detect his stupidity in this regard, because there is no other reason why those birds fly so far from the Earth in their great voyages than because at such a height they feel themselves to be out of the [Earth's gravitational] attraction and thus may carry out their voyages with greater ease.I must conclude that Prof. Israel’s enthusiasm for Hatzfeld as an examplar of the radical Enlightenment was misplaced. Hatzfeld’s two books are clearly the works of a crackpot, and indeed of precisely the sort of crackpot that any theoretical physicist will be familiar with. It was just that, in between his first and second books, Hatzfeld’s frustration at his failure to be hailed as the vanquisher of Newton bred in him a burning contempt for the intellectual, political, and religious establishment, leading him to views considered blasphemous even in the Dutch Republic.According to Jordy Geerlings, the Dutch authorities originally sentenced Hatzfeld to “confinement for life”, but “when the already aged Hatzfeld started to display very believable signs of delusion the authorities took pity on him and downgraded his sentence to a permanent banishment from the provinces of Holland, Zeeland and West Friesland”. See: J. Geerlings, “Anti-Newtonianism and Radical Enlightenment”, in Newton and the Netherlands (Leiden U. Press, 2012), pp. 207–26.There’s a certain kind of intellectual who can’t resist what Edgar Allan Poe called “a quaint and curious volume of forgotten lore”. But I think that the lesson is that there are a lot of obscure books out there, and that the vast majority of them are obscure for good reason.
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What is the procedure for e-tendering?
Click here for Digital signature certificateBidder should do Online Enrolment in this Portal using the option Click Here to Enroll available in the Home Page. Then the Digital Signature enrollment has to be done with the e-token, after logging into the portal. The e-token may be obtained from one of the authorized signNowing Authorities such as eMudhraCA/GNFC/IDRBT/MtnlTrustline/SafeScrpt/TCS.Bidder then logs into the portal giving user id / password chosen during enrollment.The e-token that is registered should be used by the bidder and should not be misused by others.DSC once mapped to an...
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How do I get a duplicate driving license in Rajasthan as I lost mine?
In case you have lost your original driving license or if it has been stolen or mutilated, you can get a duplicate driving license from the same RTO that issued your DL. You can apply for a duplicate DL either online or directly at the RTO without any hassles. Read on to find more about applying for duplicate driving license in India.Documents Required for Duplicate Driving LicenseIn case you wish to apply for a Duplicate Driver's Licence following the loss of your original driver licence, you will be required to submit the following documents for the purpose. The following list of documents is required to obtain a Duplicate DL. This list of documents may or may not vary for each state.Application Form LLD (for intimation of loss or destruction of driving license and application for duplicate)A First Instance Report (FIR) or NCR of the licence, in case it is lost or stolen.Original Licence (if he same is in a torn, mutilated or soiled state).Attested photocopies of the original driver licence (in case the same is lost).Details of the Driving LicencePassport sized photographsAddress Proof documents for referenceAge proof documents for referenceOnline Procedure to apply for a Duplicate DLSome state RTOs offer the feature to apply for a duplicate driving license online. You can Google the same to see if that facility is offered by the State Transport Department on their website.You will have to completely fill and submit the LLD form. Also, you will have an Upload option where you will be able to upload all necessary documents.You will be required to take a printout of the completely filled form LLD. Attach photographs wherever necessary and sign the form.Handover the form at the RTO office from where you originally got your Driving License from. Submit all necessary documents. You will not be required to take the Driving test again to get a duplicate license.Once this is done, the duplicate driving license will be sent to your registered home address via post. Also, you will be given a receipt which can be used in lieu of driving license till you get your duplicate Driving License.Offline Procedure to get a Duplicate Driving LicenseApplying for a Duplicate Driving License at the RTO is easier than online application if you stay close to the RTO that issued your original Driving License. Follow the steps given below to get your duplicate Driving License from the RTO without any hassles.Visit the RTO that issued your Driving License. Procure a Form LLD which is for the application of duplicate driving license. Fill the form completely and sign the form.Submit the form and attach all supporting documents as mentioned in the previous sections. Additional documents might be asked for depending on the reason of applying for a duplicate license.You will be required to pay a nominal fee for getting your duplicate driving license. Once this is done, you will get a receipt which can be used in place of a driving license till you get a duplicate license. The duplicate driving license will be sent to your registered home address via post.Application Form for Duplicate DLBeing informed about the things that you will be required to present in the application form will help you get a duplicate driving license without any hassles. You will be required to fill the form LLD for getting a duplicate license. Given below are some of the information that will be asked in Form LLD.You will be required to enter the full name and address as it was mentioned in the driving license.In the Form LLD, you will have to mention the reason of applying for a duplicate driving license. If the license was destroyed, torn, lost, defaced or mutilated, you must mention in what circumstances the loss happened.Also, you will be required to enter the driving license number, class of motor vehicle for which the driving license was held, name of driving license holder, licensing authority and the expiry date of the license.You must also present a declaration that your Driving license was not impounded by any authority.Once you have entered all the information, you should sign the application and enter the place and date. Also, you must also sign in the place provided for specimen signature.If you choose to fill the form online, you can reset or save the information which will be a big benefit. Also,you will receive a copy of the form in PDF format which you can print out and submit at the RTO after signing.
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What are some examples of great marketing?
Let me tell you a not-so-short story about the chocolate giants Mars and Hershey’s; which is probably one of the best examples of how dynamic marketing is. (and hence a great marketing example)The Hershey’s and Mars storyThe two most successful chocolate brands in the USA are Hershey’s and Mars. They currently own the largest market shares in America. Market share in layman terms is how much percentage of the market the company/brand owns in its sector; which is chocolates in this case. (We marketeers love to confuse you with our language).The Hershey’s Company was founded by Milton S Hershey in 1894 with their first production center at Pennsylvania. The Hershey’s bar grew up to be one of their most successful products with a modest pricing at 5 cents.Take a look at it. It does look delicious, right?The business model was to keep the price of the bar at 5 cents-never higher, never lower-through the passing decades. However, what was challenging was keeping the price of the bar constant despite rising price of its main ingredient- cocoa. So Milton Hershey being a wise man decided to minimally lower the size of the bar each decade. The change was not noticeable and Hershey’s bar went ahead to be almost synonymous with the American dream like Coca Cola or Lays (remember this, since it will be a big part of our story later).Milton was happy with his company’s growth and very soon a Hershey’s town popped up in Pennsylvania like Willy Wonka’s Chocolate Factory .But every story needs to have its ups and downs or you would never be interested in reading it in the first place. So, to topple our little hero (Milton)’s dream came another gentleman by the name of Mr. Forrest Mars. Mr. Forrest Mars was initially working at a small company owned by his father; which of course was called Mars. But like all faithful sons he was not on good terms with his father. So what did Mars do? He quit his company and started working for Hershey’s. But Forrest Mars was a wise guy. While at work he closely studied Milton’s business plan. After working for a few years our genius (Mars) had an idea. Hence, he quit Hershey’s and returned to his dad’s company; which was still called Mars of course!What did Forrest Mars learn and what was his idea ?Forrest Mars observed that the size of the Hershey’s bar was being reduced every year since the company was unable to catch up with the cocoa prices. So, Forrest being the intelligent man he is, thought to himself “Why should I not make a chocolate bar with less cocoa and more of other flavorful ingredients such as peanuts, caramel, nougats etc. ?” And hence came to being our very loved Mars bar. It looks something like the image below (maybe you hate chocolates and have always turned your face the other way when someone ate a Mars bar)Notice the cut section. There is a thin layer of cocoa enveloping a much larger core of non-cocoa ingredients. So now you might be thinking what was so great about it?The greatness here was that Forrest with his idea was able to produce a much larger bar at a signNowly lower cost, since cocoa which was our most expensive ingredient was easily cut down on. Now, the consumer who might or might not be you thought to himself “ Wow! Mars has come up with this really large and delicious chocolate bar at just 5 cents extra! So why should I buy the smaller 5 cent-Hershey’s bar. Let me buy Mars”. And this is exactly what the then American consumer/customer thought! And guess who became the market leader after this move? Of course, Mars!Hershey’s Company was beaten at their own game. They grew more and more uncomfortable with each passing day. So what genius plan did they come up with? They introduced a much larger Hershey’s bar at a higher cost to compete with Mars. Except that the genius plan backfired. You will ask how. Do you remember when I told you that the 5 cent-Hershey’s bar had become synonymous with the American Dream? Well, our loyal customer now felt uneasy that his 5 cents dream was more than 100% expensive. So what happens then? Hershey’s share in the chocolate market fell! More!Those days our Willy Wonka hero was squirming in his chair in Pennsylvania seeing the dipping figures. So who saves our hero now? To be very precise-an alien! Literally! I am not joking. Okay, let me clarify a little. The movie producer Steven Spielberg went to Mars(the then market leader of chocolates) asking them to advertise their brand in their upcoming movie- E.T. where E.T. who was a sugar lover would be shown gorging on their chocolates. Mars told Steven that their chocolate was for human kids and this would have a negative impact on their sales. So poor E.T. was deprived of Mars. But Steven being a diligent producer approached Hershey’s next. And lo and behold Hershey’s decided to introduce their famous Reese’s Peanut Butter Cups in the movie by making E.T. eat them. This had two results- E.T. got his chocolates and Hershey’s became the market leader again with children running helter-skelter to grab the Butter Cup that their favorite alien was eating. So our Willy Wonka’s Chocolate Factory started churning happily again with a smile on Willy’s face.I wish I could wrap up the story saying that everybody lived happily ever after but unfortunately our story is one influenced by the consumer’s choices and preferences and continues on till date, with our two heroes-Mars and Hershey’s- trying to grab the greater market share. Well, what’s it to us, we get to eat better chocolates everyday. Don’t we?So back to our answer, why was this story a great example of marketing?If you are familiar with marketing you can see this story -spanning over decades- contains all things good and bad about marketing.What Hershey’s had done with its 5 cents bar was fixing the price point and meeting consumer needs with a tactical business plan.What Forrest Mars did at Hershey’s was essentially learning their business model/ marketing moves and building his own.What Forrest Mars did by introducing ingredients other than cocoa was a successful market research into consumer preferences.What Hershey’s did with increasing their bar size was not reading into the consumer’s mind (or rather a lack of understanding consumer needs)What Hershey’s did with the introduction of Butter Cups in E.T. was appropriate brand positioning.This as per me is a brilliant example of great marketing. Great marketing involves catering to the ever evolving consumer needs. These companies individually might have made wrong market moves from time to time but each time one of them lost their market shares was because the other one had a brilliant marketing move/tool up his sleeve.So here’s E.T. biding you adieu.I hope you enjoyed my story as much as I did narrating it
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How can I learn all the terms to fill an e-tender?
E-tender means electronic tender . Tender is a process to procure goods, services or works get done at highly competitive mode in accordance to quality and quantity prescribed.I'm a contractor by profession and participate in tenders regularly. E-tender is just like filling passport form.Why I said passport because you know all that in passport office they take only documents which have been prescribed other than nothing will accept. If the documents in fraudulent in nature liable to reject the application and may prosecute. In similar way e tendering mode.Easy for those having documents ha...
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