PM News

Feds Tighten Reporting Rules for L.A. Fashion District After Money-laundering Bust
October 14, 2014

Federal officials announced new reporting rules for L.A.'s Fashion District in an attempt to crack down on money-laundering in the area. As of Oct. 9, more than 2,000 businesses in the district will be required to disclose any cash transaction exceeding $3,000. The order, announced by U.S. Department of the Treasury's Financial Crimes Enforcment Network (FinCEN), will remain in effect for 180 days.

Taxpayers Are Mad USPS Is Delivering Groceries
October 14, 2014

The U.S. Postal Service should be delivering mail, not groceries, says the social welfare nonprofit Taxpayers Protection Alliance. On Friday, the Alexandria, Virginia-based 501c4 sent a notice to Target Marketing about the complaint the organization filed with the U.S. Postal Regulatory Commission on Thursday.

The Best Sales Pitches Don't Sell Anything
October 14, 2014

I've critiqued and rewritten well over a hundred sales messages in my free weekly newsletter. The most common mistake is thinking that the purpose of the sales pitch is to sell something. Nothing could be further from the truth.

Regardless of whether it's written or spoken, a sales pitch is, by definition, a one-way communication. However, unless you're selling a commodity product at the lowest price, people won't buy what you're selling until they've been heard out.

The best sales pitches—the ones that result in the most sales in the shortest amount of time—are those that begin a dialog.

The Incredible Way Your Brain 'Sees' a Logo [Infographic]
October 14, 2014

There's a lot more going on in your brain than meets the eye when you spot McDonald's golden arches or Nike's signature swoosh.

In 400 milliseconds, a logo can trigger emotional responses and even behavioral change. Neuroscience tells us that logos—and the brands behind them—can activate parts of your brain in a much deeper manner than you may think.

In fact, well-liked brands trigger responses in the same areas of the brain that process human relationships. So, if you love your iPhone, seeing the Apple logo can actually kindle the feelings that seeing the face of an old friend inspires.

9 Great Snacks for Edible Promotions
October 14, 2014

According to science, 100 percent of people love chocolate and candy. Make everybody happy with the nine sweet treats below.

Newton Manufacturing Co. Hosts National Sales Meeting
October 13, 2014

Salespeople and multi-line reps from Newton Manufacturing Co., Newton, Iowa, traveled to Charleston, S.C. for the distributor's National Sales Meeting and Trade Show, dubbed "Wild About Charleston," at the Wild Dunes Resort Sept. 14 to 18.

7 Musts to Make Part-Time Entrepreneurship Work for You
October 13, 2014

Many experts will tell you that you can’t succeed as a part-time entrepreneur, as any good start-up will require a 100 percent commitment of your time and energy. But not many of us have enough savings to live for a year or more without a salary, fund the start-up and still feed the family. Thus I often recommend that entrepreneurs keep their day job until the start-up is producing revenue.

UPS Buys Global Shipping Firm i-parcel
October 13, 2014

UPS has bought i-parcel LLC, which helps e-retailers send products to overseas consumers. UPS did not say how much it paid for the company.

“The acquisition complements UPS' international cross-border logistics capabilities from the U.S. and U.K., to over 100 countries,” UPS said. “As e-commerce merchants in the U.S., U.K. and other countries grow, UPS continues to strengthen its logistics and technology capabilities to meet the demands of its global customer base.”