Trading Stocks On Market Exchanges

26 Apr

New York Stock ExchangeTrading of company stocks takes place in a stock market. The trading is mostly done through exchanges at an agreed price. The stocks are listed on stock exchanges which are entities that bring the buyers and sellers together.

Some exchanges have physical locations where traders come together on a trading floor by a method known as open outcry and trade their stocks. The traders use verbal bids and offers simultaneously (auction). Other exchanges will use electronic means where trading of stocks is virtual and done over the internet.

In the actual trade, the common method used is auction market where a potential buyer bids a specific price for a stock whereas a potential seller asks a specific price of a stock. When the traders come into agreed terms, the transaction takes place. [...]

Tips On Saving Money On Investing

16 Apr

Saving Money On InvestingThere are many ways to save money on investing. Whether you are investing in your retirement or for college, long-term or short-term here are several ways to save money on all of your investments.

Start a 401K plan. The investments are tax deferred and your employer has a matching plan for the amounts you invest. You will also lower the taxable income with your contributions. You can select the way you money is invested creating a larger savings with the income you can build in your 401K fund. Start a Roth IRA for additional savings and retirement funds. [...]

3 Pricing Points for Entrepreneurs that are Effective

20 Sep

Anyone who starts a business has to know how much to charge for products and services. It is very difficult to place price points and the ensuring that your products have the right prices. This is true no matter what line of business you are going to be going into. This is for both offline and internet businesses. So, how do you figure out which is the right price to charge for your products? How do you know if it is a good price or not? This can be determined by the following few tips.

You are going to have to deal with people trying to get you to donate products or services for free. This is something that happens often too much.

Donating your time, especially if it is for a nonprofit organization or cause it is worthwhile, you should do this. Giving your products and services away is also a great idea. Never change your pricing of people want to trade "exposure" or "reviews" for your products or services. They are simply just trying to get a freebie. And if you do have great quality with your products and services, never give them away for free for any reason. You can see an example for more info.

Working in trade is not a good idea. You really need to avoid taking things in lieu of payment for your products or services. You need to take cash for what you have to offer. Sometimes this can work out in your favor. You might get something valuable in exchange for giving them a little bit of your time. In many cases you will get things that you don’t need or want in exchange, which is why you should usually not do this.

This is when you should hold firm in needing monetary payment. It is in your best interest to turn the offer down when they come your way.

A late fee should be imposed. While your client’s might not like this, it does help protect you from the clients that are going to pay you late (or try to get out of paying altogether). Make sure to charge an interest rate as well. A due date that has passed, even by a day, should have a flat rate late fee charge. Weekly and monthly rates would be higher. Late fees are not fun for anyone, especially your clients, yet they should understand what is happening. Any client who won’t sign a contract that includes a late fee is not a client you want to be in business with anyway. Try check over here for more info.

Determining proper rates and pricing can be quite a chore. When you are a new aspiring entrepreneur, you may feel tempted to give in and pay people whatever prices that they think are fair. Anyone that does Internet Marketing is quite aware of how pricing deals tend not to go their way. You shouldn’t partake in situations like this! The tips and strategies we have discussed will help you stay competitive and get paid appropriately for the work that you do.

Why Have A Website?

6 Aug

Why Have A Website?What is the most important thing to any business? Customers of course. How do we encourage customers to buy our goods or take on our services? Well, apart from having a product or service that is in demand and as well as offering a good customer service, we need to get our businesses visible to the general public. For some of us it is enough to have our shop or business premises in a prime location in our local high street. But what if we can’t afford those high street shop rent prices, or what if we want to tell the whole of our town, country or even the whole world about our products and services? What better way to do it than advertise and market ourselves on the world wide web (www).

What can the www provide us?

  • A huge worldwide audience
  • A potential to be ‘open for business’ 24 hours a day, 7 days a week, 365 days a year!
  • A chance to provide an in-depth feature to promote our goods and services

What high street shop can provide all this on it’s own?

I have personally sold products as far as China, Russia, USA, South Africa, the list goes on and on… When I first started in business these kind of worldwide sales were left to the ‘Big boys’ of the industry. Now Mrs Smith selling her hand-made knitted baby gloves can be selling her products to people thousands of miles away from her little cottage.

So, you are now at the stage where you would like to market your goods and service on a larger scale, but don’t know where to start? Let me help you out and give you the basics to getting started.

Firstly, decide before you go any further exactly how you want to market your goods or service. Who are your potential customers and how are you going to market yourself to them.

Let’s say you have decided to set up in business looking after people’s gardens, tending to weeds, cutting grass with the latest lawn mower etc. Not a huge industry and more than likely you are not going to want to travel more than say 20 miles from your home. So you are not going to want a technical website that is seen all over the world are you? In fact you probably won’t want it being seen much further than your town or county. You need to localize your service within your website optimization and keyword. It will also be easier to rank in the search engines for less competitive terms such as hand surgeons in Johannesburg, like this site than simply hand surgeons.

Give your website some serious thought

Your website could mean the difference to making it as a successful business or going back to a 9 to 5 working for someone else so give this some serious consideration. You have several options with regards to creating a website. You can have a professional company make this for you or you can try your hand at making one yourself. The rule is very simple… If you have no idea how to construct or optimize a website then leave it to those who do. You may even be capable of creating the most beautiful site, but do you know how to make it ‘search engine friendly’?

Do you know how to get a good Page rank? Are you aware of all the guidelines to creating a website that will work for you and make you money rather than sitting on page 70 of Google not getting any hits? If you don’t then I would strongly advise you leave well alone.
If you do however feel brave and want to save yourself a bit of money and create your own website presence then please ensure you read the rest of my pages giving you all the advice you need to make that successful website. You won’t need any HTML knowledge or website building background as long as you read my site carefully and follow my advice

What Tools Do You Need To Succeed At Article Marketing?

6 Jul

Article Marketing ToolsYou have probably heard that article marketing can be done with the aid of free tools only. This is absolutely true. A well-known figure in Internet marketing circles coined the phrase “Bum Marketing” to describe his particular system of article marketing. The name was applied to this marketing method because, as it used only free tools and resources, even a penniless bum could make money by implementing it.

What about tools you have to pay for?

Don’t be tempted to buy any tools when you are starting out. You won’t really understand what they can do. You won’t know whether they will help you. Don’t start paying for tools and resources before you have a clear understanding of what they do. If you are too eager, your hard drive will end up looking like the back of your garage where you hide all the “essential” gadgets you bought but never use.

Why are there so many paid for tools and resources?

You might be wondering why so many people are trying to get you to buy tools to use for article marketing if free tools will do the job. The short answer is that they are out to make a profit – and there is nothing wrong with that, making money is what Internet marketing is all about. You can work online without paying for any tools. Many of the paid for tools don’t do anything you can’t do manually but they can do it a whole lot faster. The reason for using any marketing tools is to improve or speed up what you are doing. So don’t waste time worrying because you can’t afford to pay for the fancy programs you see advertised.

The end result is what matters

Think about a job you need to get done. Say, for example, your car needs cleaning. There are a few possible ways of achieving what you want. You could do it yourself. You get a valet service to collect the car and clean it. You could slip a teenager a few dollars to do the job. The end result is that you get the clean car you wanted. One way is free, one way is cheap and one way is expensive. The same thing goes for most marketing tools.

When you have a clearer idea of how article marketing works, you can put a value on your time. While you are still on the early part of the learning curve, you are a free labor source. As you acquire knowledge, your skills will attain value. You will understand when it makes financial sense to outsource a task and spend your time on a different job.

How to choose the tools you need

Be patient. Follow a marketing tutorial course. Make sure you have a workable strategy in place. Then decide what jobs you need to speed up. Make a list of these jobs in order of priority. Work through your list focusing on one task at a time. Then research the available tools relating to that task thoroughly.

Only buy a tool when you fully understand what it is supposed to do, and when you are sure it is something you really need. Don’t let yourself get rushed into buying a tool because there is a time limited special discount or a free bonus offer. The same offer or a better one will come along again. This is especially true of spinning software. When it comes to spinning an article, the quality will influence whether you want to link directly to your money site or perhaps to a buffer site. If you opt to link directly to your amazon review site, such as this one about exercise bikes, you may also want to link to a related page such as the rowing machine page on the same site. This will look less suuspicious than linking to purely one page of a site. But you will need to learn how the software can spin various things such as link and the anchor text used to make things look natural.

Buy tools one at a time. Work with the tools you buy and don’t buy anything else new until you are fully familiar with how the new tool works. It often takes up a lot of time to learn how to use a time-saving gadget.

Making Your Own Website Part 2

22 Jun

building your own websiteWhen creating your website keep it very simple, clean and attractive to the viewer. Don’t overfill it with information, don’t use fancy fonts that no one can read and use your own material throughout the site. Do not copy text and images from other sites unless you have their written permission first.

As you create your website, keep stopping and take a look at it as if YOU were the customer. Do you like what you see? Is it easy to understand who you are, what you do etc? Make it very clear of your services or goods offered and give very clear and easy to find contact details. Try to stick with one or two colors, don’t fill your site with black text, red text, blue text, green text all on one page, it just looks unprofessional. Think very carefully about your website colors. If you are selling kids fluffy teddy bears do you really want a black background? If you are selling car auto parts do you really want a pink website? This might seem minor issues but trust me it can make all the difference to how people view your site and whether or not they will hang around. If yuor site is reviewing espresso makers like this, why not use a brown background. If your site has a blue banner, why not match the color of the banner with the background such as this site about digital pianos has done.

Don’t have so many images on your website that it takes the page 10 minutes to download as most viewers won’t wait and will click off your site. Use small images and few of them.

Let people find the answers to most of their possible questions within your site. The last thing you want is Mrs Smith emailing you to ask ‘Does this come in Green’?, then ten minutes later another email from her asking ‘How much is postage if I buy two’? and then a further ten minutes later ‘Will it come with instructions’?

In a perfect world you want people to visit your site, find the product they want, send you payment, transaction done. Well unfortunately it rarely happens as easy as that, but you could help cut down endless emailing backwards and forwards between your customers and you by providing as much information about your products or services as you can. So if product one comes in green, blue and red only, then make sure you state this clearly next to the product description and/or image. Let them know what it dies, how it does it, how they can buy one, how much discount they can have if they buy three of them etc etc. Trust me, I learnt the hard way myself on this matter!

Most important of all, make your site presentable, attractive, simple yet informative and give the viewer a reason to stay on your site for more than just ten seconds

When To Start Using Affiliate Marketing Services

16 Jun

Affiliate Marketing ServicesAffiliate marketing services can speed up your development as an affiliate marketer and make your business profitable far more quickly. When you are starting out in affiliate marketing, it is best to do everything yourself at least once so that you know how it is done, and so that you can give proper detailed instructions to anyone you outsource work to. The key to reinvesting your money successfully is to free up time you were spending on mundane routine tasks, so that you can spend more time on the tasks which will take your business forward.

There is one service which an affiliate marketer needs above all others, as does anyone who wants to create their own products, and that is an autoresponder service which can collect the names and email addresses of prospects and buyers. Research has proven that very few buyers make the buying choice on the first exposure to the offer, and if you send the prospect direct to the vendor you have lost the chance to make any further contact with them. If they join your list, you can not only make further presentations of the same offer, you can promote new offers when they are released.

The building of your list is the most important part of your Internet marketing business, whether you are selling your own products or marketing as an affiliate. This can be extremely difficult to do in the early stages, as you will have no traffic coming to your squeeze pages or content driven web properties. You can buy paid traffic and drive it to these pages, but to make this viable you will need to create your own product to offer to the subscriber once they have signed up. The sales of this product need to be able to cover your advertising expenses.

Affiliate Marketing Tips

One of the other important affiliate marketing services that marketers have a consistent use for is website building. If you go on to the popular Internet marketing forums, you will find many technically capable people offering to build websites for other marketers. Having this work carried out for you obviously involves more expense, but once you are able to afford this you can use the extra time to keep finding new niches and building up your business. The alternative to using a service such as this is to use software to clone your existing sites, but this obviously limits you as to the versatility and differences of these sites.

Finally, you can use outside services to take away one of the most tedious and time consuming tasks of all, which is building back links to the sites which you already have. When you are an affiliate marketer, there is no point in building a site unless you believe that you are going to be able to drive traffic to it. You can obviously buy traffic, and there is no doubt that you should buy traffic if you have your site set up in the right way. You can make more money, though, if you are able to get pages to rank highly in the search engines, and to do that successfully back linking is needed.

Paying for affiliate marketing services at the start of your career is often difficult as there is no income coming in to pay for this. Other than your autoresponder, there is nothing which you actually need to pay for at the start. You can do all of the work manually at the start, and then when you have the income and the knowledge of how everything should be done, you can then outsource the work to other capable people. There are many capable and dedicated providers of important affiliate marketing services.

Making Your Own Website Part 1

6 Jun

Making Your Own WebsiteSo you want to create your own website presence on the internet and can’t afford a web design company to do this for you?

There are many FREE website builders out there that work on a ‘What you see is what you get’ (WYSIWYG) basis. No knowledge whatsoever is required to make yourself a site, and questions that you may have such as how to get your domain name (www.yourname.com) and how to host your site is usually explained in very simple step-by-step guides with your website builder package.

You need no html or any other coding knowledge or experience and all the good web builder packages always come with excellent support in the shape of help forums and/or technical support teams on hand 24 hours a day.

A personal favorite of mine is the Blue Voda Website Builder. A quick and small download to your PC and you have a 100% FREE tool to make your website and trust me, you can make them look 100% professional. In fact, I made this website you are looking at now with the Blue Voda Website Builder, so you can get an idea of what is possible.

If you do decide to go down this route though and create your own website you will need to learn the basics of website optimization or your lovely new site will get very little or no hits at all. There is a lot to learn, it took me 10 years and I am still learning as I go along, but my basic advice will help you to make a site that if done correctly should get you a page one result for most search terms related to your business.Some basic words of advice is to try for sub niches within major traffic niches where the competition is not so fierce. For example, if you were interested in hunting, rather than going for something obvious like best rifles, try for something related but not as broad, such as a crossbow review sites like this example. Failing that, a spin off of the hunting niche might be more up your street such as a gun safety review site like this one.

If once you have made your website you are nervous about making the optimization tweaks yourself, there are companies out there such as TMG who will offer this service for you for around $75 to $100 depending on the work involved. This is a very tiny amount to pay for the results you will get and for the difference it will make to your long term hits results and in turn more sales!

You will need to get yourself a domain name before you start on your site. This is the address that people type in to find your website. (www.yourname.com). This is very cheap and should cost around $16.00 for two years. An excellent place to buy a domain name is from namecheap.com. You have to pick a domain name that is not currently being used and when you apply for your domain you will automatically be told if this is free to purchase or not. If the domain name you want is taken don’t be disheartened, try and think of variations of the same name. So for example if you wanted to pick www.villagebride.com but this address is not available, try www.villagebrides.com or www.village-bride.com etc until you find the right one for you. Keep the domain name as simple to remember as possible. www.irepairlawnmowerswhentheyarebroken.com would NOT be a good choice for a domain name; it is far too long and people can and will type it incorrectly into their browser bar and it’s only YOU who loses out.

Once you have created your site and have your domain name you will then need a hosting account. There are many of these and you can find them all by doing an internet search for ‘Website Hosting’. They do vary in price, don’t be tempted to go too cheap. Have you ever been to a website and received a message saying something like ‘Website unavailable at present’? More than likely the servers on the hosting account are down and so no one can see their site for a few minutes, or hours, or sometimes days. The more you pay, the less your chances are that this will happen to your website. Just one person getting this error message when they visit your site could result in a loss of sale, can you afford that? Move onto Part 2

Growing Your Wealth By Being Smart About Your Money

9 May

Growing Your WealthMoney is one of those belongings that we all need and we all need to master. If you spend your life not thinking about your money and spending it on suchlike you want then you are going to be broke more often and have a lot of economic problems.

On the other hand, if you administrate your money astutely then you will end up with a lot more options, and you will get to a abating where you have a lot more economic security.

So, how can you administrate your money? Here are 3 belongings that you can do.

1. Don’t Spend As Much

One big trap which people will fall into is that they will accessibly spend too much of their money. Either they will spend it all once they receive it, or they will even take out loans so that they can spend more.

To avoid this, the earliest way is to be smart about your money by observation what you spend. Remember it doesn’t matter how much you make that will count 5 days from now, it is how much of that money that you can save.

All the little belongings add up, so before you buy belongings that you do not need or want think about how it affects your finances and if you can actually have enough money it.

2. Save Money

The next thing to remember is to save your money. One ordinary characteristic of millionaires is that they do tend to save up their money. So, open up a bifurcate explanation just to save your money and hold onto it in case of an emergency.

3. Invest Your Money

Of course saving your money is great for emergencies. But it isn’t going to build you true wealth. If you want that you are going to have to inaugurate your money so that it can grow over the long term.

There are a couple ways to inaugurate your money. You can always buy ordinary assets like stocks, bonds, or even real estate and hold onto them for the long term. Or you can start your own affair and inaugurate money into serving it grow and achieving your economic success. It is just important to inaugurate into something if you want to grow your wealth.

World Markets – The Challenges Affecting Most Businesses

30 Apr

World MarketsCurrently there are a lot of markets challenges that leads to great threats towards any kind of business. Most of these challenges can be prevented but when they occur there are always various means to deal with them. Some of these challenges include:

Failing To Plan For The Next Product:

Once a person has started a business with a specific product, there is always that habit of concentrating so much on this product thus failing to think of other products that would benefit the business. In order to overcome this challenge, it is always necessary to have a clean database that will guide the person on each step taken in a business thus avoiding some shortcomings such as market failure.

Spending Much Time On Development And Little Time On Supporting Sales:

Most people, as the title well puts, always have the habit of paying much time on the development of the business forgetting the element of sales support. This has really put many world markets at threat because of the many failures that accompany most of these markets. The best way out is always to have set business strategies and objectives that give the person the proper direction to follow.

Lack Of Enough Qualifications Especially Among Sales Reps:

This has always led to low sales productions thus affecting most business in the current world markets. Enhancing sales strategies through identifying the potential customers and client is one of the best solutions to this problem. This always helps in getting what the clients and customer wants in term of taste and preference on the products thus providing exactly that.

Time Taken In Closing A Deal:

Most of the business people always take a long time in closing a deal with potential client. This has great effect on the business because the time spend could be used in other productive activities or even  end up losing the clients after spending that time. Having a good sales model that always helps in bringing the sale to that successful end is always a vital element in any business. This will not only help in winning the customer but also retaining him or her thus promoting good markets around.

Deciding On The Features Of The Next Product:

Getting the ideal features for a future product is always an issue when it comes to most business people looking forward to improve the markets to the next levels. This should always start by definition of the business objectives, then identifying the other markets, and finally determining the requirements of entire customers.

Knowing The Time To Launch The New Product:

This is also an issue that affect many markets in today’s world. The new product will always diverge the directions of the customers thus there is always the need of knowing the best way possible in order not to affect the current customer`s trends.

Organizing The Marketing Groups:

All the organizations in a business are vital elements to the success of the business. One should always factor in the various in bounds and out bounds involved in a business.

Apart from the above factors and always forms a great challenge to most of the people in business, one should always ask himself or herself the following questions

  • I am getting all I intended to get out of an investment?
  • How can I make the business more market and at the same time customer driven?

After answering these question one will always be set to move forward in improving the business and at the same time avoiding most of these challenges!

Stock Market Trading – Quarterly Result Strategy

4 Apr

Stock Market TradingThe outcome of your stock market trading efforts can greatly be enhanced if you can adopt the quarterly result trading strategy. It does not require watching the candle stick or study trend pattern on those tiny and difficult charts otherwise called technical analysis. It’s a simple strategy that works in any market, and it has been proven to work over and over again.

Look out for stocks that are already in their fourth quarter. Look up their first quarter (Q1), 2nd quarter (Q2), and 3rd quarter (Q3) reports. If the Q1, Q2, & Q3 report are impressive, buy. If the Q1, Q2, & Q3 reports are bad, don’t buy. But if Q1 is poor, Q2 & Q3 impressive watch and if possible buy with caution. The reasoning behind this is that, if the Q1, Q2, & Q3 of any firm are impressive, the probability is that the Q4 result will also be impressive. On the other hand, if the Q1, Q2, & Q3 results are poor, the probability of an Impressive Q4 report is very remote.

Based on the above premise, it is advised that investors should enter the market between the last month of the fourth quarter and before the final audited results is released to the public. After buying the stock, wait for when the final audited result is released to the public before you sell to make profit. The implication is this: sentiments always herald the release of any audited result – and more especially if the result is impressive. At such instances, market makers often create a lot of noise prior to their exit of the market. The resultant effect is that such stock price usually experience spike because some investors want to take advantage of possible payout/bonus that usually go along with impressive results. (Demand always outweighs Supply thus forcing the share price to move northward).

All said and done, its advised that investors should learn to exit the market at this point when many are buying the stock – thus obeying the golden rule of stock investment which states: Buy when others are selling, and sell when others are buying. Personally, I make sure that I sell before the date of the closure of books. The profit one can garner from the use of this simple strategy could a times be mind blowing. It’s usually more than what other investors get when the wait for dividend payout/bonus declared. All the same, once you exit the market, the next thing to do is to look out for another stock in the fourth quarter and whose quarterly meets the requirement as enshrined above and then repeat the process again and again.

This simple quarterly report approach to stock market trading is a great technique that can greatly impact on your bottom line if well mastered and practice. Try it and let me know the outcome.