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How to Make an Online Portfolio: Our 11 Simple Tips

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With almost everyone hooked to the internet 24/7 around the globe, having an online portfolio has become the norm. Bringing a physical, printed, and bound portfolio book to a job interview doesn't quite make it anymore. Add more oomph to your resume by supplementing it with an online portfolio that showcases your best work and laudable accomplishments you've made in your field of expertise. Knowing how to make an online portfolio (and a well-thought-out one, at that) adds to your credibility and can work wonders for your career or your business, depending on your objectives.

What Is an Online Portfolio?

An online portfolio is essentially a website that contains the following: photos and images with captions, sample written works, or links to videos you have uploaded on YouTube, Facebook, Twitter, Instagram, or other social media platforms.

Depending on your objectives, an online portfolio can also enumerate and elaborate on the services you provide and the roster of clients you have already served. Positive reviews and testimonials from satisfied clients and previous employers can work wonders for your reputation, so keep those in mind when creating an online portfolio.

The Benefits of Having an Online Portfolio

Having an online presence is not only beneficial for you, it is also advantageous for your potential clients and employers. It provides them with a convenient sneak preview to get to know your skills, services, and work output better before going through the selection process. Hiring managers and clients rely on an online portfolio because it expedites the process of selecting the best candidates or services that suit your potential client or employer's needs.

For graphic designers, photographers, writers, comic book illustrators, and animators, having an impressive online portfolio could mean gaining a new project or winning a long-term relationship with a new client. A showcase of their best work through an online portfolio highlights their unique qualities and skills set — it's what distinguishes them from their competitors.

Rising above the clutter may seem like a huge challenge and undertaking when it comes to the worldwide web. And with new platforms surfacing and evolving each day in this tech-driven age, it pays to keep yourself updated on current trends.


However, knowing how to make an online portfolio and having an online presence is only half the battle. You need to create one that stands out — both in form and in content.


Don't fret, though. This is what we're here for — to guide you through the process of how to make an online portfolio. Hopefully, with our support and advice you'll be able to present your most outstanding work and get the job or the client you've been aiming for.

You will learn how to make an online portfolio that works best for your needs and purposes in no time.

11 Tips on How to Make an Online Portfolio

While it may seem discombobulating at first, making an impressive online portfolio doesn't need to be too complicated. Keep things simple and straightforward, both in terms of your online portfolio's content and form. The key is to know how to make an online portfolio that delivers your intentions clearly and effectively.

To help you learn how to make an online portfolio, keep these useful tips in mind:

Choose a Website Builder That Suits Your Needs

With so many website builders at your disposal, choose one that works best for you. If you possess basic knowledge on web design and website creation, website building platforms such as WordPress and Wix can work for you. You can use both platforms for free, albeit with limited features. Paying for a premium plan carries advantages though — you can customize your domain name and get priority support.

If your skills in web design are inadequate, don't worry. Options such as Behance and Coroflot provide more manageable platforms.

Create a Website That's User-Friendly, Straightforward, and Easily Navigated

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Don't make it too difficult for the viewer to work his or her way into your portfolio. Organize your online portfolio's content in a manner that makes it easy to locate what the viewer is looking for. The hiring process is stressful enough for hiring managers, looking through your stuff should be less difficult.

Select Only Your Best Work

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This is actually the most difficult phase, since it involves a lot of decision-making. Choose ones you are most confident with for each category (if you have several of them) so you can write an impressive description and rationale of your work product and the process behind creating it.

Put yourself in your potential client or employer's shoes. If you were them, which work product of yours do you think would draw their attention and make the most impact? Criticize your work objectively and rid yourself of any emotional attachment to help you pick the ones that stand out.

If you want to specialize in a particular category, focus on showcasing your best work in that field. For example, if you're a writer who wants to pursue more copywriting projects, highlight your past excellent endeavors in copywriting instead of just generally including any type of outstanding writing you've done.

Optimize Images the Right Way

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Website building sites often tell you that there is a file-size limit when you're uploading photos and big files. Keep your image sizes in check and reduce the dimensions and resolution as needed. A website that loads slowly is just as bad as a website that's difficult to navigate. Don't forget to caption your images and give credit to those who have contributed to your efforts.

Pick a Theme That Enhances Your Images without Sacrificing Functionality

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Prepare to be inundated with numerous themes, especially if you're using WordPress. This might make selecting the best theme difficult, but choose with these two important considerations in mind: it has to be both aesthetically pleasing and functional.

Write Descriptions to Highlight Your Strengths

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When writing the description for each project, focus on your contributions to the endeavor and how you made an impact to make it successful. This will give a potential employer or client the impression you can deliver the results they are looking for.

Add Testimonials

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Reviews are king these days, so if you have a satisfied client or a previous employer who's willing to do a positive testimonial for your online portfolio, then by all means go for it!

Link Your Online Portfolio to Your Social Media Accounts (Both Professional and Personal)

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Social media sites such as LinkedIn, Facebook, and Instagram help increase your online visibility even further. Having social media presence also gives the impression you have the proficiency to utilize them for work-related purposes. There are website building platforms that allow you to link your social media accounts and profiles. Take advantage of these extra features to beef up your online presence.

Don't Forget to Include an “About” Page and a Means to Contact You

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No other part in your online portfolio should summarize who you are and what your background is better than the “About” page. This is also the part where you can describe yourself in a lighter, less formal, and friendlier tone. Share a hobby, a quote, or a favorite vacation spot. Be creative and personal. Sometimes adding in a little humor helps, too.

If you're uncomfortable about sharing your contact information online, you can opt to use a contact form instead. A contact form sends queries directly to your email without having to divulge your email address. Responding to inquiries or comments promptly will create a good impression to a potential employer or client, so be diligent about answering them right away.

​Ensure That Your Online Portfolio Site Is Browser-Ready, Responsive, and Mobile-Friendly

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Because you depend on technology to showcase your work, there are technical considerations you need to keep in mind such as the different web browsers being used and how your website appears both on the web and in mobile devices.

With people always on the go, there is a bigger chance for them to view your online portfolio from their smartphones. You need to address the mobile capabilities of your online portfolio so it doesn't go through any technical glitches which can affect the way the viewer sees your website.

Most website building platforms have responsive and mobile-friendly capabilities. To check if your online portfolio site is browser-ready, try to open it on a desktop or a laptop using various browsers — both on a Mac or a PC.

The easiest way to check if your online portfolio site is responsive is by reducing the window size of your browser to what you approximate would be the size of a mobile phone screen. If you notice a change in the appearance of your images and text, as well as the orientation of your menu, then that means your site is responsive.

To check if your website is mobile-friendly, key indicators such as unchanging and static content, a smaller display of images, and a simplified navigation will appear on your phone screen.

Update Your Online Portfolio to Show You Are Constantly Improving Your Craft and Growing in Your Career

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Potential employers always ask for samples of your most recent work, and with good reason. They expect your years of experience to be backed by exceptional and progressive work. While a college thesis would work for a fresh graduate seeking employment, the same material will become stale in a year or two. Keep building your portfolio because trends are changing all the time. By doing so, you will increase your credibility as an expert in your field.

​Conclusion

Now that you know the basics of how to make an online portfolio, sort through and curate your best works. The next step is to get that online portfolio going! Follow the basic tips we've elaborated above on how to make an online portfolio to achieve the best results and response.

It will be difficult to criticize your work objectively at first, but just rely on your instincts. Think and act as a potential client or employer would. Remember to keep things simple, straightforward, and user-friendly while creating and building your online portfolio. Never stop improving your work product and output so you will have a steady and endless supply of better works to build your portfolio with later on.

We have moved into an era where technology is King. When searching for a job, having an online portfolio will give you a leg up on any competition that does not have an online portfolio. Fill that online portfolio with examples of stellar workmanship, and you'll be unstoppable. Best of luck!

What Does Freelance Mean? The Multiple Industries That Allow You to Be Your Own Boss

what does freelance mean

There are more than just one solution when it comes to how to find work. You may have found it under other names — contractor, telecommuter — but the one that you will know is a freelancer. There are many steps that will allow you to become your own boss. It is also not tied to just a few kinds of jobs, but multiple industries where you can earn money from a project. Before you are ready to move past the 9-to-5 lifestyle, learn about what does freelance mean so that you can securely choose the right independent path. After that, it does not matter where you take your skills and experience, as long as you are the master of your own employment. So what does freelance mean?

What Does Freelance Mean?

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So what does freelance mean, exactly? From a legal standpoint, a freelance worker is one that is independent. A person who is a freelancer is basically their own boss, which comes with benefits and obligations of its own.

It takes a certain kind of mindset to find success in this world. You have to know how to manage projects while keeping track of your time and invoices. That does not even cover the more important details of freelance work like a basic work contract and pricing. Let's answer the question, "What does freelance mean?" for many industries.

What Does Freelance Mean in Different Industries?

https://unsplash.com/photos/Ar4JVm4HC94​​​Going freelance means that you must choose your skill set to find a job in the correct industry. You want to find the one that will make you happy while putting money in your bank account.

Freelance Writing

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If you enjoy reading articles and have a knack for writing them, then you can start as a writer from a self-employed basis. Normally you write for more than one client at a time and are paid per writing assignment. There are many names to the freelance writing that depend on the service you are providing:

  • Freelance bloggers concentrate on blog writing.
  • Content writers vary their work between eBooks, white papers, blog posts, and more.
  • SEO writers are specifically making content designed for search engines as a way to rank in Google.
  • Content strategists manage new and existing content in creative ways.
  • Web content writers provide content for clients exclusively on the web.
  • Ghostwriters can write content of all types, just under the byline of their client and not yours.

https://unsplash.com/photos/4wOkqiXNP7MSome freelance writers begin calling themselves professional writers after years of working in freelance. They also claim that position once they are masters in a particular niche.

Freelance Design

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Graphic designers make the visual representations of brands, messages, or even the emails that you use. People and businesses hire freelance designers to get their message across in the most effective yet aesthetically pleasing manner. A good graphic designer will take their client's ideas and transform them into something you can see.

There are different parts to a design job depending on the variation of the gig, but some things remain the same:

  • Communication is key to get your client's best ideas out
  • Revising a design brief that fits the ideas and budget
  • Creating the designs by hand, or through computer software
  • Pitching an idea on how to accomplish the project
  • Sometimes working as part of a team on a larger project

As a freelance designer, you are making ads, annual reports, book covers, logos, signs, web pages and more. The very t-shirt you might be wearing right now might be the work of a graphic designer under contract.

Illustration

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Some people get confused between graphic designers and illustrators, but an illustrator is a person that creates realistic to abstract images for a client. The work they do can be found in a wide range of clients that can lead to a stable career path:

  • Editorial and book illustration is the most common market that is used by newspapers, magazines, or blogs who need freelancers for unique drawings.
  • Character design and concept art provide the various design ideas for the characters the company's project is working on.
  • Entertainment Art is the umbrella term for illustrators that work in comic books, movies, and television or in any other part of the entertainment industry.
  • Textile, apparel, and product design cover the print patterns on clothing and accessories made by illustrators.
  • Packaging illustration is different than design in that freelance illustrators create the pieces that graphic designers might then include in their project.

There is no need for formal education to become a freelance illustrator, but you can learn more about the profession through books like Secrets of Freelance Illustration by Mark Dickson. There are also specialized jobs such as medical illustration that require at least a bachelor's degree.

Freelance Developer

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What does freelance mean for developers with some solid technical skills? For some, a freelance web developer builds a client's vision of a website into a reality. At this point, you are trained in Ruby on Rails, HTML, JavaScript, and other web application frameworks need to put together a website.

The best thing to do is to build a portfolio website that displays your skills to potential clients. You can exhibit your technical experience, keep a blog about your process, and build your brand as you would in any other freelance job.

For freelance software developers, many will transition away from full-time company jobs or work for clients on the side. The change can start as soon as you the programmer learn new skills (like iOS development) and find clients looking for developers that can create the application for their buyers or audience.

Medical Health Writing

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This is a very different type of writing job than the others mentioned before. The type of content created here is normally written by people with scientific or medical degrees to back them up. The type of medical writing done can be divided into three sections:

  • Promotional writing is done to help sell a drug, medical device, or intervention.
  • Regulatory writing involves creating documents that are usually sent to federal agencies like the FDA.
  • Educational writing covers all written material related to educating professionals or the public on healthcare-related topics, whether through education programs, brochures, and more.

Freelance Photographer

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What does freelance mean to you who want to make a professional photography career out of it? The important factor is in choosing the kind of photography you want to concentrate on. Whether you choose portrait photography, wedding photography, stock photography, or another genre, a freelance photographer should pick at least one to concentrate on. That way they can focus their client base and marketing strategy on one thing before branching out. You must also invest in great equipment that is better than consumer-level, from camera bodies like the Nikon D500 DSLR to multiple lenses like a Canon EF 50mm f/1.8 STM Lens.

Freelance Customer Service

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There is an art to fixing problems in a timely fashion while exceeding the customer's expectations. What does freelance mean between a company and customer service freelancer? A company wants to hire an independent contractor who can use their knowledge of a product or service and provide the best customer service experience available.

The most common way to become a freelance customer support associate is by finding remote work for traditional organizations. You can find many clients this way while learning about the details of new companies, products, and regulations.

Virtual Assistant

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Small businesses have realized they need remote help in the last 15 years. It is a job that might ask for one task or might be a multi-tasked operation for a more experienced professional. Either way, you can find a client looking for assistance with their blog, product, or site.

The work a virtual assistant can do runs between answering offices phones to reaching out to bloggers, but there are other services they can provide:

  • Social media management
  • Blog advertising
  • Email management
  • Blog writing
  • Video/Podcast editing and uploading
  • Copyediting
  • Email marketing
  • Graphic design

One thing to mention about becoming a virtual assistant is that unlike some customer service jobs, this one makes you be your own boss. You will have to start it as a business (determining service packages, creating a website, etc.) then find the right market to show yourself as an expert.

Freelance Research Analyst

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This role asks you to look at what does and does not work for a client, using keen attention to detail that takes in all the pieces and evaluates the findings for you. Freelance researchers can complete customer requests for some clients, while others are hired to find compelling cases and data that will then be used to create or support existing content.

A freelance researcher will target a specific industry so that they learn the necessary skills in that field. You must read the details of the client's project thoroughly and determine the right sources before researching information. All the information gathering must then be summarized and submitted to your client.

Freelance Accounting

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The new digital landscape has streamlined the accounting experience, trading corporate-level software and filing cabinets for relatively cheap software and an internet connection to get the job done. Here are some qualifications to get you started as a freelance accountant:

  • Bachelor's degree in accounting or a business degree
  • Financial software (QuickBooks, MYOB, etc.)
  • A Certified Public Accountant (CPA) certification or enough training hours in accounting in your bachelor's degree as required for certification

The Final Word on Freelancing

Once you have chosen your own path as a freelancer, you must know every advantage and pitfall that goes with it. As you are essentially a business owner, learn what it takes to run one. Find the best ways to budget your flexible schedules and interesting working spaces outside your home. Ask around for those necessary deductions for your taxes (did you know you can include business cards as one?). Take the time to figure out accounting, billing, contracts, and the nitty-gritty of managing your money. All these parts are critical so you can become the successful freelancer clients look for.

Tap Into Your Purpose and Earning Potential By Starting a Consulting Business Today

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The gig economy is gaining momentum as more and more Americans figure out that they don’t have to spend their lives working 9 to 5 for someone else.

In fact, some people estimate that by 2020, 43 percent of people will work as a freelancer. And that includes those who start a consulting business.

But before you take the leap, you need to learn about the basics of starting a consulting business.

In other words:

To have the best chance of success, you need to do some research, plan for your business, and start out the right way.

Let’s get started, shall we?

What Is a Consulting Business?

A consulting business is a place people go to get answers to their problems. That’s why many people call consultants problem solvers.

Here’s an example:

A large corporation wants to expand overseas, but its current staff doesn’t have the knowledge to suggest a plan. So the corporation hires a consultant with expertise in overseas expansion.

But don’t worry if you don’t have that kind of experience.

Consultants consult on a wide variety of topics and in a lot of industries.

Here’s another example:

A person wants to lose weight, but can’t figure out the best diet plan for them. So they hire a diet consultant to create a customized plan for them and help them lose weight.

In other words, a consultant is a problem solver in a specific area.

Why start a consulting business?

If you want to start a business, a consulting business is one of the easiest to start because you don’t need a lot of money or equipment to get started.

Here are some of the key reasons why starting a consulting business might be a great move for you.

It’s not complicated

When you start a product-based business, you have to create a prototype of it, find suppliers, or sign up with a drop shipper.

And you may have to create a corporate business structure which can take weeks to finalize.

On the other hand:

When you open a consulting business, you are the product.

And if you want to operate as a sole proprietor, you won’t have to complete any paperwork (or pay any fees!) to get your business off the ground.

In other words, you already have the basics of what you need to start: you.

Did You Know?

The worldwide consultant business is a $133 billion industry. Will you claim your piece of the pie?

A consulting business is a lean startup

You won’t have to spend a lot of money to start your consulting business.

Aside from your number one asset — you — all you need is a computer, a phone, and perhaps some accounting or project management software.

And in the initial stages, you can use freeware to keep your costs to zero.

You can build connections

As a consultant, you will talk to many people in your industry. And as you build relationships with them, you will make connections in the industry.

And who knows?

Maybe one of those connections will turn out to boost your consulting career or launch you on a new path you never imagined.

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What Does a Consultant Do?

We’ve talked about the overall job of a consultant: to solve problems for their customers.

But there’s a little more to the role.

Here are some of the tasks you will do when running a consulting business.

Roles of a Consulting Business Owner infographic

Icons from Flaticon

Types of consulting businesses

At this point, your head may be full of ideas about what type of consulting business you can start.

Don’t tax your brain!

Instead, read about these common types of consulting businesses you can start.

HR consultants

Human resources consultants work with companies to provide support for the hiring, training, managing, and firing of employees.

HR consultants also ensure that the companies they work for stay in compliance with all employment and labor laws.

You can work for a large corporation in this role or for the local mom and pop who need someone to help them manage their employment duties.

Strategy consultant

As a strategy consultant, you work closely with an organization to find a solution to a problem or goal.

For instance, if a company wants to reorganize a department, you would analyze the existing departmental structure and suggest ways to improve or streamline it.

Technology consultant

When a company wants to install a new software program or scale their existing platform, a technology consultant works with them to help implement it.

For instance, a company may decide to revamp their current paper trail and use technology to update it.

It would be your job to analyze their current practices and move them to the proper technological solution.

Did You Know?

Half of all freelancers, and that includes independent consultants, say that no amount of money would ever convince them to go back to a 9 to 5 job.

Public relations consultant

A PR consultant creates and then implements the public relations face of a company.

Working in this role, you would interact with the public, partners, investors, and employees to build the brand and shape how people think about the company.

Legal consultant

In this type of consulting business, you would act as a legal consultant for an organization or person.

Depending on your specialty, you may advise them about the legalities of employment, banking, finance, corporate, tax, real estate, intellectual property, information technology, or trust.

You need a law degree to operate as a legal consultant.

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IT consultant

This role is different than a technology consultant because instead of helping a client implement a program, the IT consultant recommends which program to purchase.

For example, if your client wanted to move a large website to a new server, you would recommend the tools and procedures to best enable them to do it.

Social media consultant

In this role, you will help build the company’s brand with their social media platforms.

You will be responsible for increasing traffic to their website and followers to their social media platforms.

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Financial consultants

You will need a license to open this type of consulting business.

Financial consultants advise their clients about investments, market trends, taxes, and other economic considerations.

Personal consultant

The consultant types we listed above are the most common when it comes to selling consulting services to a business.

But personal consulting is another huge industry with ordinary people paying others to teach them how to do all sorts of things.

For instance, you could offer consulting services for nutrition, pets, small business startups, publishing, and just about anything else you can think of.

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The Numbers Game

Even though the consulting business is booming, you still need to know what kind of growth and earning potential you can expect.

Here are some facts:

Consulting Business Facts and Figures

  • US-based consultants make about $75,000 a year
  • Management consulting is a $250 billion a year industry.
  • There are 600,000 management consultants in the US

What do you need to start a consulting business?

For instance:

To open a consulting business that specializes in accounting or financial matters, you need a certification or license.

And other forms of consulting may not require certification, but your clients may expect it.

For example, you can open a nutritional consulting business without a degree or certification, but if you have a degree in nutrition, you will have more credibility with future customers.

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Pros and Cons of Starting a Consulting Business

As with any type of business venture, a consulting business has its pros and cons.

Here’s what you should know before you hang your proverbial shingle.

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Pros

Let's start with the positives of starting a consulting business:

You'll have an unlimited client base

As a consultant, you are only limited by how many clients you can reach.

Think about it:

If you’re opening a consulting business for dieters, how many dieters are potential customers?

Lots.

And that’s true for whatever niche you decide to pursue.

You can work from home

When running a consulting business, you get to decide where you will work from.

Sure, you can rent a fancy downtown office and spend a lot of money, or you can work from home and not only save money but have the luxury of staying close to family.

And just think of the commute.

Did You Know?

When you work from an office in your home, your commute consists of walking down the hallway into your office. Not bad, huh?

You'll have minimal startup costs

Because you don’t need a lot of fancy equipment, you can start a consulting business on a shoestring.

You won't have to deal with office politics

You know all those petty office politics you’re so sick of?

When you work for yourself, all of that magically disappears.

it's magical snippet

Photo from Giphy

You get to help people

Imagine having a job where you get to help people achieve their goals all day.

That’s the life of a consultant!

Cons

Opening a consulting business also comes with a few cons.

Here are a few to consider:

It takes a lot to get off the ground

You will have to market your business and work hard to get every client, especially in the beginning.

Eventually, word of mouth will drive business, but in the beginning, it’s all up to you to sell yourself.

Your clients will expect a lot

When starting a consulting business, be honest about your skills and knowledge because the people who hire you will expect a lot.

Bottom line:

If you can’t help them or give them bad advice, it could hurt your reputation.

That means you will have to stay on top of your game by keeping up with advancements and developments in your niche.

Your personal life might suffer

When working as a consultant, clients will demand a lot of you.

They may want to schedule conference calls during your family’s dinner or on the weekend. That can result in strained family relationships and a lack of time to do the things you really want to.

people standing on green grass

Photo from Giphy

Consulting Business Pros and Cons

PROS

  • You get to do good in the world
  • You can work from where you want to
  • You’ll have an unlimited client base
  • Low startup costs
  • Can open corporate opportunities
  • No office politics

CONS

  • Building your client base might be a struggle in the beginning
  • You must live up to your client’s expectations
  • Very competitive
  • Need to stay on top of your game
  • Difficult to achieve a work-life balance

A Step-by-Step Guide to Starting a Consulting Business

Are you convinced that starting a consulting business is right for you?

If so, you need a plan.

Follow along and learn about the specific steps you need to take to open a consulting business.

Assess your strengths

Remember in the section above how we told you that your clients will expect a lot from you?

It’s true.

And that’s why it’s essential that you do an in-depth assessment of your skills and knowledge before taking the first step.

You will hire yourself out as an expert — and you should have the skills and knowledge to back that up.

For example, if you work in the financial industry during the day as an investment adviser and want to moonlight as an investment consultant, that gives you credibility.

But if you work at an investment firm as the social media manager?

Not so much.

Make sure you have what it takes to back up your claims, or you could have some pretty unhappy clients on your hands.

man thinking in front of a clock

Photo by Brett Sayles from Pexels

Ensure your certifications and licenses are in order

If you need a license or certificate to operate your business, now is the time to get it.

And even if you aren’t required to have them, taking some certification classes or getting licensed in the industry you plan to operate in won’t hurt.

But that's not all:

You should also register your business name with the county you live in, and apply for a tax ID number so you can charge and remit taxes to your local authorities.

Create your short-term and long-term goals

Knowing your goals in advance will go a long way in your success as a business or personal consultant.

For example, will you work from home for your entire career, or do you plan to have an office one day?

Once you know your goals, it’s time to write a business plan.

Did You Know?

You can create a one-page business plan, a lean business plan, or go all out and make projections for the next five years. But having a plan is key, so don’t skip this step.

Determine what the market needs

You need to put some deep thought and research into this area because it may make the difference between success and failure.

You already know that a consulting business helps people solve problems, but it’s how you look at it that can make you a success.

Here’s what I mean:

Your clients will be people who either desire something they can’t figure out how to get or don’t want to figure out how to get it.

And that’s where you come in.

As a consultant, it’s your job to get them from their present state to the state they want to be in. That state could look like any of these:

  • A novice gardener who wants advice on how to build a kitchen garden
  • An entrepreneur who is about to launch their first business and wants a consultant’s advice along the way
  • A growing firm who wants a consultant to help them hire their first manager
  • A mom who wants a consultant to guide them in homeschooling

The common theme in all of these examples is that they are at point A and want to get to point B. And it’s your job to convince them that you’re the right person to get them there.

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Identify your target audience

Will you work with mainly corporate clients, or will you reach out to consumers and build your business that way?

You need to determine your niche, and then decide how you will approach them.

For instance, if HR consulting is your niche, you can either work with individuals to help them find the right career, or you can work with corporations to help them staff and manage their employees.

Write an elevator pitch

When people ask you what you do, you should be able to explain it to them succinctly and clearly.

It’s called an elevator pitch, and when starting a consulting business, it’s necessary to have one.

Imagine that you meet someone and when talking to them they tell you about a problem they’re having. Turns out, that’s exactly the type of problem you solve in your business.

How will you get that across to them?

You should be able to tell someone exactly what you do in under 30 seconds.

woman-hand-desk-office

Photo from Giphy

Set up client communication and recruitment tools

When you operate as a consultant, you need to have some tools that will allow you to communicate with your clients.

For instance, you will need a video conferencing platform to conduct those calls on. You can use a free version, or if you feel the need, you can invest in one.

You will also need a way to get the word out about your business.

And aside from the marketing techniques we’ll talk about in a minute, you should take some time to set up your resume and qualifications on sites like Zip Recruiter, UpWork, and LinkedIn, Indeed, and Monster.

Staff up or outsource

You may not need to hire an employee if you plan to work from a home office, but a virtual assistant can save the day.

For example:

If you specialize in HR consulting for individuals, you can assign the tedious tasks that take a long time to the assistant and then deal with the client yourself.

Did You Know?

Virtual assistants can perform just about any task and will free up some time for you so you can put your energy into searching for new business and client interactions.

Market your business

In order to build a successful consulting business, you need to sell your services to as many people as you can.

And that means you need to get inventive with how you get new business.

Here are five ways to let people know about your services:

Create a brochure

Sometimes people won’t know that they need your services until you tell them what you do.

And one of the best ways to do that is to create a brochure that highlights all of the important aspects of your consulting business.

Here are some key points to include on your brochures:

  • List a few reasons why they should hire you
  • Explain to people why you are the best choice
  • A growing firm who wants a consultant to help them hire their first manager
  • Let customers know what you do in simple, easy-to-understand terms
  • Include some biographical information about yourself to lend credibility to your business
  • Talk about the clients you have worked for, and how you helped them achieve their goals

Do some cold calling

You want to skip this section, don’t you? Be honest.

woman-hand-desk-office

Photo from Giphy

But the truth is that is you’re going to become a successful consultant, you will need to make some cold calls until you get your business off the ground.

But it doesn’t have to be that hard.

Here are some tips to make the process easier:

Your first step is to write out a script, and use it until you get comfortable with the process.

Over time, you will become more comfortable telling people about your consulting business and why they should hire you, but in the beginning, it can be a little intimidating.

A written script will help ease your nerves.

Next, you should limit the number of days you do cold calls, so you don’t become overwhelmed with it.

You will face rejection — that’s just a fact. But you will also have some successes.

Concentrate on the successes and consider cold calling days a reward for all the hard work you’ve done all week.

Or you could just do this:

Advertise your business

In order to attract new business, you should plan to run some advertising. How much you run will depend on your budget, so you will have to plan for it carefully.

You can run ads in trade magazines associated with your business, or if you plan to open a personal consulting business, in the local newspaper or on Facebook groups.

gray laptop with brand wallpaper

Photo by rawpixel.com from Pexels

Create email lists and newsletters

As a business owner, you should collect email address and use them to communicate with potential clients via a newsletter.

You will have to offer potential subscribers something in exchange for their email address — like a free report or analysis of some kind.

But the key is to build a large email list of people who might be interested in your consulting services and then stay in contact with them.

woman making an email on  laptop

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Engage in public speaking or free classes

Another great way to bring in new clients is to act as the featured speaker at an event that ties into your industry.

For example:

Our gardening consultant could give a lecture to beginner gardeners about the importance of planning a garden before planting.

Or the HR consultant could give a speech about how to make the best use of LinkedIn for an audience of small business owners.

Check with your local chamber of commerce or look online for events and then call and ask about speaking.

Another way you can attract this type of customer is to offer free classes about your topic. You can do this in person if you want to attract local clients, or online if your audience is larger.

Ask for referrals

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Referral business is the best kind because the customer already trusts you. Chances are that if you get a new client that was referred by another one, it’s because they were so happy with your service that they had to tell someone.

But they don’t always remember to pass along your name.

That’s why you should remind them.

Every time you complete a contract with a client, send them an email asking them to pass along your name. And some consultants even offer to pay a referral fee for new business to encourage the behavior.

Learn to write client proposals

Once you’ve had a conversation with a potential client, and they’ve told you they want to pursue a consulting relationship with you, you need to prepare a client proposal.

Did You Know?

A lot of consultants send a potential client a proposal before they’ve made the sale, and that results in a waste of time for everyone. You should only submit a client proposal once they’ve agreed to work with you.”

Here are some tips to ensure your client proposal is as good as it can be.

Focus on the buyer

You should have already sold the client on your consulting business, so there is no need to rehash all of your accolades.

Instead, the proposal should focus on the client.

Reiterate that you understand the problem, and assure them that you have the skills and knowledge to overcome it.

A good client proposal doesn’t need to be long, but rather a succinct reiteration of their problem and your solution.

man talking with a woman

Photo by rawpixel.com from Pexels

Don’t add new information

If you do, and it confuses the buyer, they may not sign it. They may put it aside to get clarification and then get caught up in life.

Just stick to the facts that you discussed when you told them about your business and what you could do for them.

Structure it right

Your client proposal should follow a logical format that is easy to read.

Here is an example outline of a client proposal.

Example Format for a Client Proposal:

  • Summary: summarize the client’s problem and recap what you spoke about
  • Goals: list the benefits they will receive by working with you and highlight the impact those benefits will have on them
  • Project details: outline the project duration
  • Responsibilities: list what you will provide as well as any expectations of what the buyer will provide
  • Investment: include your price and any offers to the buyer here
  • Terms: this section outlines how the buyer will pay, including details about invoicing, expenses, and travel

Set your pricing

Setting the right price is essential to a consulting business that grows.

If you price your services too low, no one will take you seriously. And if you set them too high, many people will refuse to hire you.

So how do you set your fees to successfully grow your consulting business?

Start by looking at the averages earned by people already in the business. Consulting Success reached out to 25,000 consultants in an effort to understand their pricing structures.

They determined that most consultants billed in one of these five ways:

  • Hourly (27.3 percent)
  • Per-project (34.2 percent)
  • Monthly retainer (15.1 percent)
  • Daily rate (14.1 percent)
  • Other (9.3 percent)

Did You Know?

In the Consulting Success study, 25.5 percent of consultants say they earn an 80 percent or better profit margin.  Can you imagine any other business with that high of a margin?

How do you know which method to use — and how much to ask for?

By following these tips:

1. Check out your competition

Chances are, your competition is already established and has figured out how much the market will bear. It’s a good idea to shop around with your competitors before setting your rates.

Start by visiting their websites and looking for pricing. If they don’t publicize it, you will have to mystery shop to get the rates.

Then compare apples to apples:

Can you offer the same services to clients that they do? Do you offer anything that would increase the value?

Once you know what your competition is charging, you need to set your rate. You can do this on a per-project basis or an hourly one.

Here’s how to figure each one.

Set an hourly rate

To set an hourly rate, you first need to decide what yearly salary you want to earn. For this example, we’ll use an annual salary of $100,000.

Next, divide your desired salary by 52, which is the number of weeks in a year. For our example, that would be $100,000 / 52 = $1,923.08. That’s how much you need to earn a week.

Now divide that by 40 (hours in a work week) $1,923.08 / 40 = $96.15. That’s how much you need to bill per hour in order to meet your goal.

But wait, you’re not done!

You also have expenses and cost of business to include in your calculations.

To do that, you should add 25 to 40 percent to the rate. That means you should charge $134.62 per hour to meet your goal. (96.15 + 40% = $134.62)

To set a per-project rate

If you don’t want to have to track your time, you can charge by the project, but you should be careful when quoting the price.

That’s because project creep can come in and quickly wipe away all of your projects.

For example:

If a client hired you to create a healthy eating plan for them, you may have estimated 10 hours, but then they asked you to include a workout plan which added another 5 hours to the project.

Unless you specify in your proposal that you would bill them for additions to the project scope, you would be out some money.

To bill by the project, you need to calculate how many hours you believe it would take to complete the project, and then multiply that times your hourly rate.

Be sure to add 10 to 15 percent on top of that to account for any contingencies you didn’t expect.

To set a retainer rate

You should set your retainer rate the same way you do your per-project fee, but some consultants give clients a discount when they pay a monthly retainer fee.

You should determine whether you want to extend a discount based on your interactions with the client.

Build a reputation and deliver results

Now all that’s left to do is to build your consulting business brand and earn a reputation for always delivering what you promise.

Before long, you won’t have to ask for referral business because your happy clients will tell everyone about the wonderful experience they had working with you.

Tips and Tricks of Successful Consultants

Finally, we want to leave you with a few tips and tricks that you help make your consulting business a success.

What do you need to start a consulting business?

Don’t just play at consulting.

Instead, create a website, make business cards and take it seriously.

It’s possible to build a great income by starting a consulting business, but only if you treat it like the serious endeavor it is.

Embrace your home office

Imac on a desk

Photo Serpstat from Pexels

In the past, people tried to hide the fact that they worked from a home office, but times have changed.

Now you can tout the fact that you don’t have overhead costs to pass on to the client, and because your office is located at home, it means you’re available when they need you.

Did You Know?

You can land your first client before leaving your current job. If you’re a valued member of your organization, offer your consulting services to your boss. It would be a great way for them to fill the gap you’ll leave behind and give you your first client. 

Understand the payment cycle

dollar bill beside a notebook

Photo by rawpixel.com from Pexels

If you’re working for large corporations, don’t expect to get paid promptly.

Many corporations pay 30 days or more after they receive an invoice, so you will need to plan on waiting to get paid.

Make sure your reserves can cover the wait.

Never over promise

Any time you make a promise to a client, be sure that you over deliver.

There’s nothing worse than missed deadlines, sloppy work, or underperforming on a contract.

That’s the fastest way to get bad reviews and lose your business.

Know when it’s time to call it quits

You will have some clients that are not worth the hassle.

Clients who love to complain for no reason, who likes to call you at 10 pm, or who make unreasonable demands won’t grow your business.

If you find yourself in a situation where the client causes constant problems, think about politely ending your contract with them.

Are You Ready to Start a Consulting Business?

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A consulting business is one of the easiest and most profitable businesses you can start, but you will have to work to create a business that brings the kind of income you want.

Use our step-by-step guide to think about your new business, and then take the steps needed to make it a reality.

Have you already started a consulting business? If so, we would love to hear your advice about how others can get in the game in the right way. Please spread your wisdom in the comments below!

BX Dividend Stock’s Current Performance: Is It A Good Investment?

stocks flow on monitor

What is a Dividend Stock?

A dividend is a payment a corporation makes to its shareholders—people who have bought stock in the company. A dividend stock, then, is any stock that pays dividends to investors on a regular schedule. Usually, dividends are paid out in cash form, but in some cases, a company will choose to pay dividends in the form of more stocks. Bx Dividend Stocks fall into this description.

Each company can set its own payout schedule, but it's most common for companies to pay dividends on a quarterly basis. Dividends are paid on a per-share basis, so the more shares you own in a company, the larger percentage of the total payout you'll receive.

A dividend “yield” is the amount that experts predict a stock will pay out over the course of the year. The yield is expressed as a percentage of the stock price. Since stock prices fluctuate all the time, so do dividend yields.

Companies typically decide to pay dividends on their stocks to attract more investors. It's also an excellent way to spend excess capital in a way that shareholders approve.

Dividend stocks make good investments for people who are looking to make traditional “buy-and-hold” investments, rather than those who plan to move their money around a lot. Dividend stocks tend to feature good long-term returns.

stocks on monitor

What is BX?

BX is the stock market ticker symbol for the Blackstone Group, a large and influential private equity, asset management, and financial services company based in New York City. The Blackstone Group was founded in 1985, but it went public in 2007 with a $4 billion IPO. They have since become the largest alternative investment firm in the world.

What to Look for in a Dividend Stock

When looking for a potential investment, the first thing you should consider is consistency. Has the company's dividend yield stayed relatively stable over the years? You may think that huge growth is a positive feature, but that usually leads to a bubble, meaning that yield will come crashing down shortly. If this is a long-term investment, a steady dividend yield is what you want.

Obviously, the stock’s overall valuation is important, because your dividend payments will be a percentage of that value.

Stock prices fluctuate all the time, but again, slow and steady is the key thing to look for in the growth of a long-term investment. The performance history and earnings growth should show a gradual increase over the span of several years, rather than dramatic highs and lows on a more short-term basis.

Here are some more questions you should ask your financial advisor, or at least keep in mind as you look for potential investments.

  • Is its annual yield within the top 25% of dividend stocks? If not, you should look for something more lucrative.
  • Has the payout per share increased over time?
  • Are the stock’s earnings large enough to pay the dividend at the current rate?
  • Are its future earnings predicted to cover dividends at the current rate?

With all of that in mind, we can determine which dividend stocks are most likely to provide a stable income for you in the future.

Are BX Dividend Stocks a Good Investment?

This is a complicated question, as we’ve proven in the previous section. To answer it, we’ll go over all of the Blackstone Group’s numbers in detail, and look for answers to the specific questions we asked earlier. First, let’s cover the Blackstone Group’s historical data.

BX Dividend Stock Historical Data

Over the last five years, BX’s annual earnings growth (the increase in what investors earned from the stock) was an average of 25.2%. However, in the last year, their earnings growth was only 3.4%, so it has significantly decreased. (Source: nasdaq)

Blackstone’s dividend per share was volatile over the last decade, with the payouts dropping over 20% in one year. However, the dividend per share has increased overall in that time.

When looking at a potential investment, you want the annual earnings growth and dividend per share to stay relatively stable, with gradual increases over the years. This historical data shows that BX’s earnings growth and dividend per share have fluctuated more than usual, though the payouts are higher now than they were ten years ago.

Now we’ll look at how analysts predict Blackstone’s stock will perform in the future—between one and three years from now.

finance graphic layout

BX Dividend Stock Future Expectations

BX's annual growth in earnings is expected to average out to 17%. While that's significantly higher than it was this past year, it's still lower than what the industry considers "high growth," which is 20%. It's still higher than the market average.

Blackstone’s revenue growth (the increase in a company's earnings) will stay positive at 5.8% but will continue to be below the US market average of 20%. BX’s return on equity—which is essentially a measure of how efficiently they use shareholders’ funds—is expected to be around 38%, which is considered high.

Overall, it looks like Blackstone's dividend payouts will increase over the next few years, though their revenue will be slow to catch up. Typically, you'd want a company's revenue growth to increase at the same rate as their annual earnings growth.

Now we’ll analyze how the Blackstone Group is currently performing.

BX Dividend Stock Current Performance

Let’s start with the negative. As a company, the Blackstone Group is currently able to meet all of its short-term (one year) commitments using its holdings of cash and other short-term assets; however, their current assets would not cover their long-term commitments.

Their level of debt compared to their net worth is much higher than you'd want it to be. A 40% debt to net worth ratio is considered high; Blackstone's debt to net worth rate is a staggering 109%. To put that in perspective, it means their current assets total less than half of the debts they owe.

Blackstone also has a negative operating cash flow, which means they’re spending more than they’re making. Their current dividend payout is 105% of what the stock earns, which means the dividend is not well-covered.

Though it’s not necessarily indicative of how well their stock is doing, we also looked at their CEO’s compensation. Blackstone’s CEO, Steve Schwarzman, currently makes about $47 million per year, which is higher than average for a company of this size and profit level. This could imply that Blackstone is not using their capital wisely.

Now for the positive. The current annual income from BX dividends is 8.39%, which is well above the market average for top dividend payers (3.95%). BX’s dividend yield is expected to drop down to less than 8% over the following months, but the overall earnings per share should still increase because their stock prices are expected to go up.

BX stock prices are lower than usual right now, which means now is an excellent time to invest in them if you are choosing to do so.

man working with stocks

Are BX Dividend Stocks a Good Investment?

Now that we know everything there is to know about Blackstone’s past, present, and future financials, we can determine whether or not it’s a good idea to purchase their dividend stocks.

When we make our recommendations, we’re going to assume that you’re the average investor: middle-class, risk-averse, saving for retirement, and looking for steady growth over a long time.

As we mentioned in the previous section, BX stock prices are abnormally low right now, but they’re expected to go up soon. That might tempt you to throw in your money as quickly as possible, but you should still be cautious.

Blackstone’s dividend stock has not been very consistent. The prices, dividend yield, and overall growth have seen many large spikes and dips over the past decade. Also, the company's current financials are not very strong. Their net worth is significantly lower than their debt, their operating cash flow is negative, and their CEO receives an abnormally large salary.

However, BX’s future outlook is more favorable. They're expected to increase their profits enough that their dividends will be more than covered, their debt to asset ratio should improve, and their stock prices would rise accordingly.

Overall, Blackstone is still one of the top payers of cash dividends, and their dividend yield has increased over the years, though it’s been a bumpy road. They’ve made a lot of investors a lot of money.

With all that said, we do recommend that BX dividend stocks be a part of your investment portfolio, but you’ll need to be cautious and patient. With a stock this volatile, it can be hard not to sell when things get rough, or when prices shoot up unexpectedly.

If you buy your BX dividend stocks and then let them sit, you should see a nice return on your investment, as well as some extra income from quarterly dividends.

Paribus Review 2018 – Easy Way To Generate Wealth from Home

Paribus Review: A vector image of a desktop with shopping bags, and coins

Paribus is an app that helps you save money by claiming refunds on purchases if there is a change in price soon after you bought the item. On this Paribus review, we will dig into more details about what it can and can't do.

While it might seem impossible, today, the reality is that you can make extra money by doing as little as possible. There are plenty of options for earning little extra money online, and even though many of these new extra jobs or part-time gigs may not fetch large sums of money, these smaller amounts do eventually add up and could make a real difference to the way you plan your day-to-day budget. What’s more, they are good ways to supplement your regular income.

While earning little extra money is always a good thing, it is even more important to be smart about the way you spend it. So, not only do you have to learn to spend wisely but you also have to start saving for a rainy day.

As you might have seen by now, saving money can be tough and requires your constant attention. Often, it may even seem like the rewards you reap are not equivalent to the effort you put in. However, the truth is that saving even little extra money is ultimately worth it; you will always have enough resources when you need them.

Now, you might ask, what are some of the easiest ways to save money? How can you save money with little to no effort?  In addition to careful financial planning and taking small and important steps (such as buying the cheapest options possible), there is another way to watch your spending and make sure you’re getting the best deal possible. This is where apps come in. In this article, we will explore one particular app - Paribus. 

Pros

  • No More Coupons
  • It Is Connected to Online Stores
  • You Keep the Entire Refund

Cons

  • It Asks for a Lot of Personal Information
  • It Is Not Available on Android Devices
  • It Is Not Available outside of the U.S.

Overview of Paribus

To start the Paribus review, let's talk what exactly is Paribus. It is an app you can use to save little extra money with minimal effort. To use Paribus, you upload your shopping receipts to the app. If the prices of whatever you bought decreased soon after you bought them, Paribus will work with the companies and help you gain a refund on those items.

Sounds simple, right? In reality, it is even easier than it seems. Once you connect Paribus to your email ID, the app scans your inbox for receipts and alerts you to potential refunds whenever one is possible.

What makes Paribus unique is that it helps its users save money after they have made their purchases, instead of before. This is unlike other coupons and deals where you must avail of these offers at the actual time of the purchase. The fascinating thing about Paribus is that it uses many of the same methods or statistics that companies use to distort prices in the first place.

Now, you might ask, how does this work? The answer is simple. Paribus does all the work for you. The app monitors some retailers and keeps an eye out for changing prices. It then uses this information to find a lower price for you.

Before you get started with Paribus, you might want to understand its features better. Here are some of the most important elements of the app:

Main Features of Paribus

Connects to Your Email

Paribus has to be synced to the email ID on which you receive your online receipts. This means you have to be comfortable sharing your email ID with Paribus. However, rest assured that the app does not collect information on all of your emails just the ones that have transactional data. 

It Works in the Background

Paribus works behind the scenes and starts only after you have made your purchases.

Sign up for Free

It costs you nothing to sign up for Paribus!

Lots of Retail Partners

Paribus monitors some popular stores that you probably shop at already. They include Amazon, Nordstrom, Walmart, Wayfair, Target, Costco and Old Navy, just to name a few.

Available as an App for iOS Devices

Paribus is available as an app for iOS devices so you can even use it on your phone. Unfortunately, it is currently not available on Android devices.

Delivery Monitoring

Paribus monitors the delivery of your items (for a few of its retail partners).


Paribus Review: How Is Paribus Priced?

To use Paribus, all you need is a device (which, unfortunately, has to be an iOS only); it is an otherwise free app. However, you might then ask, what amount of money can you earn or save using Paribus? Does it help you save money?

There is no “right” answer to this question. It is entirely dependent on how much you shop, what you shop for and how much the prices fluctuate soon after you buy those items. In other words, it is very difficult to estimate the actual amount of money you could make or save using Paribus as it is almost entirely based on your shopping habits.

How It Compares

This Paribus review will not be complete without comparisons to similar apps. It is also really important to ask how Paribus compares to other apps just like it. Are there apps that do more than Paribus? Or is there something you can use in addition to Paribus? Let’s find out.

Price

ShadowBid, like Paribus, is also a free app.

Only Amazon

ShadowBid deals with Amazon alone. In other words, it specializes in helping you gain refunds on your purchases made on Amazon (and no other platform). Its data comprises nearly all of Amazon’s price history! If you are someone who uses Amazon, way more than other retailers, this might be a good option for you. If you shop with other online retailers as well, this can be a disadvantage.

Automatic Buying

ShadowBid has automatic buying. So, instead of alerting you to the lowest price of a particular item, ShadowBid asks you what you want to pay for that item. When and if that item becomes available at the price you quoted, ShadowBid automatically buys it for you. This can be of great advantage since it saves time and allows you to buy something at just the right price. However, it can also be a disadvantage as you may want to review the product again before you purchase it. With this option, you will not be able to reverse the purchase if you happen to change your mind.  

Insights

ShadowBid places heavy emphasis on statistics. It gives you all the information you might want to take into account before you make a purchase; for instance, how much an item used to cost (or the price history) and how much the prices have changed. It also lets you know the average price of an item alongside its current price.

Available as an App

ShadowBid is also available as an app! However, it can only be downloaded on iOS devices and not on Google Play. Unfortunately, this automatically tends to limit its user base since it excludes all Android users.  

Paribus review: woman shopping online holding a silver laptop and holding a credit card

Price

Like ShadowBid and Paribus, Zen Shopping is a free app. 

Universal Checkout

In addition to monitoring prices after you have made your purchase, Zen Shopping acts as an online store in itself. It has a universal checkout system, thereby making it easier for you to shop at other online stores from the same platform, hassle-free.

Compare Prices

Zen Shopping shows you the price of one item across different online retailers. This way, you get to compare and pick the cheapest possible option.  

Track Your Shipments

Just like ShadowBid, Zen Shopping also tracks your shipments from all of these online retailers. 

Only on iOS

On the flip side, Zen Shopping is only available to those with iOS devices. So, this automatically tends to limit its user base since it excludes all Android users.  

​​​​Slice

Price

Like most other alternatives in this category, Slice is a free app.

Track Your Shipments

Even though Slice follows monitors potential adjustments in price, it is quite different from Paribus because its main focus is tracking the shipments of your online deliveries through your email.  

Android and iOS

Slice is available on both Android and iOS devices. This gives the app a major advantage over its competitors since many of them exclude Android users.

Online Shopping Organizer

Slice also has an online shopping organizer which monitors how and where you spend your money. It makes things a little easier for you by creating a sort of profile that records all your purchases and transactions.  

Barcode Scanner

Slice allows you to scan the barcodes of your purchased items. This way, it is easier for you to track them. 

Paribus Review: The Pros and Cons

It is a good idea to weigh out the pros and cons of Paribus before you make an informed decision. As is the case with most apps, you must also have your own set of evaluative criteria. After all, only you know what best suits your habits and daily life.

Pros

No More Coupons

One of the major advantages of Paribus is that you no longer have to go out of your way to find deals, offers, promo codes or coupons. These are notoriously difficult to find and usually have far too many conditions listed in the fine print. With Paribus, all this work is done for you after you have finished with your shopping!

It Is Connected to Online Stores

Paribus can be very useful if you are an online shopper. It closely monitors many of the online retailers that you might be shopping at anyway - including Target, Walmart, Costco and Macy’s.

You Keep the Entire Refund

Paribus claims that you keep 100% of the savings that you are entitled to. This could be a reasonably large sum of money, depending on what item you’re getting the refund on.

Cons

The next part of the Paribus review are the cons.

It Asks for a Lot of Personal Information

One of the main drawbacks of Paribus is that it requires a substantial amount of your personal information, such as your email ID and credit card details, right at the get-go. This could be a deterrent for users who are understandably reluctant to share their private details on an app. 

It Is Not Available on Android Devices

Paribus is no longer available for Android users, but it can be downloaded on iOS devices. This could be very inconvenient for you if you have an Android phone and don’t want to use the desktop version of Paribus.

It Is Not Available outside of the U.S.

Paribus only works for purchases that are made within the U.S.

Quality

Effectiveness

Support

The Final Word

So, is this for you? The main conclusion from this Paribus review is that it is a unique, different and effortless option for saving (or even making) little extra cash.

While Paribus indeed comes with its set of disadvantages, as you may have seen in the pro-con list, from the Paribus review it is worth noting that the pros far outweigh the cons. What’s more, Paribus is a relatively recent endeavor. It means it has plenty of room to grow and improve.

Paribus could be a great addition to your day-to-day life; it could act as a kind of bonus regarding saving or earning little extra money. To put it more simply, Paribus should not be your first or only saving tool, but it can supplement your other methods of saving money.

If you are especially likely to spend a lot of time shopping online at the retail stores monitored by it, this app might be the thing you need. In this Paribus review, we took into account its simplicity and overall effectiveness and stacked these qualities against its shortcomings. Its significant disadvantage is that it seems to require a little too much access to your email. Overall, however, we would give it a rating of 3.5 out of 5 stars.

So, what do you think of the Paribus review? Do you think it could be the app you have been looking for? Give it a try and indulge in some guilt-free shopping!