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Compare Online Trading

Online Trading

Online Trading has become wildly popular in terms of Internet activities. As a wealth of knowledge and opinions are offered on the web, a consumer has the abilities to make a educated decision in terms of online trading. When comparing online trading companies there are precautions that one must adhere to. Researching to find which online trading sites have a reliable reputation. This would mean that you would only deal with online trading companies that do the best job of gaining and retaining customers. A good reference in terms of finding reputable information on comparing online trading sites is Jupiter Media Metrix.

Jupiter Media Metrix

How Jupiter Media Metrix works is they believe a web site’s audience is best measured by unique visitors (visitors are a combination of current customers and potential customers). The site with the biggest audience has the best shot at biggest market share. Jupiter Media Metrix calls this measurement their UV Index. Their top 2 UV Index are ShareBuilder.com and Fidelity.com, respectively.

Repeat Visitors

Repeat visitors and customers are a good indication of a worthy online trading site. Jupiter Media Metrix terms this measurement as “frequency.” It goes by the simple principle of, the more often people visit the web site than the more often the web site has a chance to make money. Jupiter Media Matrix defines E*Trade.com and BuyandHold.com as their best “frequency” rated sites.

Best Mutual Funds

Best Mutual Funds

There are many different opinions on what the best mutual funds are.  For now, we will be focusing not on the highest short-term returns, but the mutual funds that will help you to reach your future financial goals.  Important future financial goals like putting your children through college and setting up a comfortable retirement fund will be likely goals by most.  An important criteria for mutual funds is if the company puts the interest of the share-holders first.  Also, low expenses, experienced managers and a consistent investment strategy are important features to investigate when trying to choose a good mutual funds.  Some of the best mutual funds do not show great big profits immediately, rather they show a strong and consistent improvement over a larger margin of time.

Picking the Best Mutual Funds

A good idea in choosing a mutual fund is to look at what funds  charge fees that are lower than the category average.  This is important because fees reduce total returns and the funds with the lower costs are very likely to outperform those funds with steep fees.  When choosing a company that is good to their share-holders, there are a few things to look for.  First, you cannot control how good your returns will be, but you can choose a company that has good morals and is honest to their share-holders.  The stock pickers need to have a history of being good to their investors.  Also, look at their corporate culture and where they rank in the different corporations.  The fact is the stock market will always be an unpredictable place, but if you choose wisely then over time you will see a progression in your mutual funds and stocks.

Online Advertising

Online Advertising

Online advertising is a form of advertising that uses the World Wide Web and the Internet to deliver marketing messages and attract customers. A major benefit of online advertising that is unlike any other type of advertising is that the information obtained is not limited by geography or time.

Online Advertising - Purchasing Variations

  1. CPM (Cost Per Impression) This is where advertisers pay for exposure of their advertisement to a specific audience. CPM costs are priced per one thousand impressions
  2. CPV (Cost Per Visitor) This is where advertisers pay for the delivery of a targeted visitor to a company’s website.
  3. CPC (Cost Per Click) This can also be called PPC (Pay Per Click). Advertisers pay every time a user clicks on their listing and is redirected to their website. They do not actually pay for the listing, but only when the listing is clicked on.
  4. CPA (Cost Per Action or Cost Per Acquisition) This form of advertising is all performance based and is common in the affiliate marketing sector of the business. The publisher takes all the risk of running an ad and then the advertiser pays only for the amount of users who complete a transaction.

There are other options for online advertising also. There is email advertising and affiliate marketing. Affiliate marketing is a web-based marketing practice in which a company or business rewards one or more of its affiliates for each visitor or customer brought about by the affiliates marketing efforts. Ads and malware is also considered a form of online advertising. It is sometimes illegal and often unethical. This form of advertising include external applications that alter system settings, spawn pop-ups, and can insert advertisements into non-affiliated webpages.

Ten landing page tips to turn visitors into customers

There’s something about a ten-item list that makes us want to get all Hestonian on you and break out the archaic pronouns, especially when it comes to something like getting people who visit your site to actually buy from you. After all, you work hard to get clicks. What could be more important than turning those clicks into customers?

But we’re kind of a live-and-let-live bunch here, and we’re not so big on telling people what they have to do. So consider these a set of suggestions about how to help optimize your landing pages. That way, when people get to your site, they’ll be more likely to make a purchase.

1. Tell them why they should buy from you
According to Marketing Experiments Journal, “Clarity of your value proposition is the most important factor in determining whether a customer buys from you or not.” To evaluate your value proposition, ask yourself the question: “Why should I buy from this site?”

2. Keep ‘em with you
There’s no way you’re going to get a potential customer to the intended destination—the “sale completion” page—if the path to get there is overgrown with weeds or rife with dead ends. This is what Marketing Experiments Journal calls “site flow disruption”; the way to combat it is to express your value proposition throughout the shopping process in a consistent and compelling way.

3. Don’t try to say too much
Don’t clutter your landing page with unnecessary details. Instead:
• Clearly state your key message using as few words as possible
• Use summary descriptions, sub-headings, bulleted lists and short paragraphs
• Adopt a standard one-column format for easy reading.

4. Make it simple
Improve the user experience with a site that is easy to navigate. A simple page layout that employs a clean visual and straightforward design is best. Here’s how:
• Design your site with a clear hierarchy with color and contrast for easily legible text
• Use meaningful and high-quality graphics (don’t clutter with too many)
• Use breadcrumbs to let visitors know where they are on your site
• Employ a clickable logo that takes the visitor to your homepage
• Use color to distinguish between visited and unvisited links.

Just as important, make sure you don’t:
• Employ horizontal scrolling
• Direct links to new browser windows
• Have flash-based content unless required.

5. Call them to action
Focus on one primary action per screen (don’t stuff too many products onto one screen). Make the call-to-action button clearly visible without having to scroll; don’t bury it under pages of information. Consider using tabs or a pop-up box to consolidate information.

6. Get specific
Provide product details and a large product image while displaying incentives—such as free shipping and warranty information—high on the page and close to the product. Don’t discourage visitors by requiring registration to your site.

7. Flaunt what you’ve got
What differentiates you from your competitors? Free shipping (both ways?), discounts, a 365-day warranty, price protection, privacy, customer service, etc.? If you’ve got it, flaunt it!

8. Search yourself
Make your site easy to navigate by helping potential customers find what they are looking for as quickly and easily as possible. A search feature box should be simple and visible with a type-in field, not a link. To help increase conversions, make sure your search results link to product pages.

9. Rally the believers
Credibility is a true testament: people don’t buy from websites, people buy from people. Thus, testimonials from devout customers—or even a letter from the CEO/Editor—persuades the unbelieving.

10. Let them make the choice
“Why should I buy this specific product?” Almost every e-tailer forgets about this, but it’s the question that’s key to Mr. or Ms. Customer’s mind. Prove to him or her why they should buy this over the competitive product by offering reviews, ratings and comparisons.

Marketing Activities

How are you going to implement your strategy? This is the action-oriented part of this section of the business plan. You will need to consider advertising and promotion, and sales and customer service activities. And don’t forget to include a reasonable budget for each item.

How will you get your name out and recognized so your sales efforts will work? Some common marketing methods include:

  • Flyers
  • Classified Ads
  • Seminars
  • Demonstrations
  • Contests
  • Newsletters (e-mail or print)
  • Public Relations (resulting in newspaper or magazine articles, or television or radio coverage)
  • Public Speaking
  • Brochures
  • Yellow Pages
  • Signs
  • Newspaper Display Ads
  • Magazine Ads
  • Telemarketing
  • Radio Ads
  • Cable TV Ads
  • Network TV Ads
  • Internet
  • Billboards
  • Direct Mail
  • Promotional Items
  • Trade Shows

Create a marketing activities calendar to help you stay on track and to show the reader of your plan that you know that marketing will always be an important part of your business, and that you intend to be consistent in your efforts. Pick two marketing activities to do each month and know that you will need to market continuously for the life of your business.

Resources for these activities are:

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