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The 4-1-1 on the Forex Market

One of the best businesses to invest in; in today’s market; is the Forex trade. You might be wondering; just what is Forex? Forex is just a short abbreviation for Foreign exchange. This is a market that thrives largely upon the needs of people who need the currency of another country in order to be able to buy goods and pay for services. As the world becomes a global village, it is inevitable that a person from the US visiting Britain will need to get the Sterling Pound so as to facilitate trade when travelling there, and vice versa. This necessity for different items at different times is what keeps the Forex market afloat.

As an investor, your main question is probably how to make a profit trading in Forex. The simple answer to this is that you make profits in the trade by buying cheap and selling high. The profit margin comes from the daily fluctuations that might be seen in the daily market. It is therefore important to note that the market is ever fluid, and the figures will keep changing. It is for this reason that the majority of seasoned Forex traders will always study the money markets prior to making a purchase or sale; so as to maximize their chances of making a profit.

Although the fluctuations in the market might seem insignificant, the money is made by working with economies of scale. The higher the amount you are trading with, the higher leverage you are able to control in the money market.

To get started in the Forex trade, you need not appear to be a very tall order that cannot be achieved. Registration with a Forex trading company online is the best way to get into this lucrative trade. Good research is crucial at this step; as there are numerous trading companies. Choosing the best company for yourself is among the first steps that can assure you that you are guided to success. Prior to investing with the company; use of a Forex dummy account is recommended; in order to learn the intricate details of the trade.

In using the dummy account, you get to trade in the real market with dummy money. This is a feature that most Forex trading companies provide in order to ensure that your money is not lost as you learn the trade. You can take as long as you desire to learn the trade. Upon gathering your desired level of confidence in the market, save a little money and start trading. To cover yourself even further, you will be guided by a seasoned stock investor, who manages your money and ensures that you do not make uninformed decisions in trading. Try the trade today and experience a revolutionary market that gives you the freedom of your work environment at any time of the day.

The 80-20 Rule of Marketing

Ever hear of the Pareto’s Rule? Well, Pareto was an Italian economist who in 1906 created a mathematical formula to describe the unequal distribution of wealth in his country, observing that twenty percent of the people owned eighty percent of the wealth.

It has since been applied to everything from defects in manufactured goods to customers. And it seems to be pretty accurate.

In marketing the 80/20 rule means that twenty percent of your activities will result in eighty percent of your profits.

Knowing that fact should have a profound effect on how you manage your time when it comes to building your online business. If you believe as I and many others do that list building is one of the most important steps in building a successful online business, then that is what you should spend most of time concentrating on.

It seems with so much information out there on the Internet that it is very easy to become distracted. How many Internet marketing newsletters do you currently receive via email?

I just did a quick count and came up with 27! Twenty seven different marketing related newsletters. I admit to being an information junkie and I guess admitting a problem is always the first step, but I don’t want to miss out on anything going on in the IM field.

The danger lies in the fact that there are many different strategies for operating an Internet business and many of these newsletters deal with different facets of the business. However, if I am not careful, I tend to get distracted by some great idea and lose my focus. When that happens, my results always suffer.

So, my suggestion to you is to choose a marketing strategy and stick to it until you see results. It doesn’t mean that you can never try different techniques, it just means that you need to develop a plan and then stick to it.

If you don’t know where you are going, you will never get there.

Developing a business plan and creating a daily marketing task list is just one of the topics that I cover in detail in my Internet Marketing Master Course. IMMC lays out a step by step blueprint for developing your Internet business. When you finish the 12 week course you will have a fully functioning, cash generating business and the ability to create as many cash cows as you want.

Mobile Marketing Campaigns to Try Out

The number of global mobile users officially surpassed desktop patrons in 2014. While the overtake is not surprising given the significant increase in consumers preferring the ease and compactness of using mobile devices for online activities, it does mean that many brands need to reconsider their operative model, specifically in regards to advertising.

Initially, companies introduced mobile into their marketing strategies as a traffic channel. Websites and email were redesigned to be mobile friendly so that in the event that a user happened to check their email or browse online with a phone or tablet, they could view the page that suited the screen size of their device.

Over time, brands began building apps to encourage even more engagement from users who preferred desktops as a platform for online browsing. However, mobile apps don’t fit the business model of every brand and mobile devices can only store so much data, meaning users are selective over which ones they download. There are two low-risk ways a company can initiate their mobile campaign strategy without terminating their ongoing efforts in other channels.

Require Mobile Engagement

Many companies have ongoing campaigns that can be extended to require mobile engagement. For example, a brand trying to generate more app downloads can offer a 15% off coupon via email and a 20% off coupon if the purchase is made through the app.

Taco Bell and other food chains have incorporated this strategy into their ad campaigns by offering a free item for customers who order online via the mobile app. Consumers don’t typically order meals on their phones, especially from fast-food venues, but the promotions have sparked an increase in mobile orders across the board. Although a large share of Taco Bell’s customer base will continue to order on location, the brand is ahead of the game as consumer purchase behavior will inevitably evolve in the next few years and their app will already be operable and optimized. Plus, since they’re initial campaign was wildly successful they can continue to force engagement with giveaways and exclusive promotions that only mobile users can enjoy.

Launching email and display advertisements that are only clickable on a touch screen can also elicit mobile campaign engagement. Users can view the coupon or banner on a desktop, but can only cash in on its value by using their mobile devices. T-Mobile recently ran a campaign in Austria that required users to hit a moving target on their phones. Once they hit the target, they were redirected to a page made especially for mobile users who could view the capabilities of their new product in a way desktop users couldn’t appreciate. The campaign received over 600,000 views and experienced a CTR of 1.42%, almost twice the amount of engagement seen by the brands other ads.

Enhance the Mobile Experience

Enhancing the typical mobile experience with ad placement on commonly used apps is an easier, less-involved way of increasing mobile engagement. Many companies have developed mobile-optimized video advertisements to place on Pandora, SnapChat and Instagram so that users will see them anytime they use the app. These videos differ from the desktop version of video ads in that they automatically adjust to full screen. Although consumers have to watch the ad to get to their next destination, they can at least enjoy the advertisement in full-screen and high resolution. Similarly, Facebook and Twitter offer sponsor ad placement specific to device apps, which maximize exposure for brands attempting to gain a mobile audience. Facebook’s video ads are formatted so that they automatically begin play when visitors scroll by them.

Companies truly have an endless amount of options to choose from when developing a mobile campaign strategy. With so many consumers turning to mobile devices for Internet usage, establishing a mobile audience is critical to the near-future success of a marketing campaign. Even if they can’t predict emerging customer needs and consumer trends, all brands should make a conscious effort to incorporate mobile advertising into their daily marketing strategy.