Showing posts with label TIPS-AND-TRICKS. Show all posts

Thursday, July 13, 2023

What You Need To Know About Stock Market Bulls And Bears

There is a lot to learn in the world of investing. ETFs, Stocks, Diversification, Bulls, and Bears.

You read that right - the bulls and the bears (and no, we're not talking about Chicago's sports teams). These two beasts have been used for centuries to help investors make wise decisions... but why?

ALSO VIEW: Start An Online Store: 5 Easy Steps To Follow

Let's take a look at what these Wall Street icons mean and how they can play such a big role in the stock market.

oxen and bears

Who came first, the bull or the bear? Well, according to Marie-Webster, the bear did. There is an old saying that bearskin should never be sold before it is caught. In today's terms, it means don't spend before you have money. And take a cautious approach.

A well-known stock in the early 1700s was the South Sea Company, which was trading with Spanish colonies in the New World. By this time, the term "bearskin" had been shortened to stocks and sellers who thought the stock price would fall.

Even in the 18th century, bulls competed with bears. Known for its horns, the bull's approach is to charge forward. The term "bull" refers to a stock that is bought because the price is expected to rise over time. It was later used to describe the buyer.

In today's investing world, bulls are confident that the stock price will rise and they are optimistic about the company's performance. Bears, on the other hand, are the opposite. He expressed confidence that the share price would fall. Bull and bear can also be used to describe long-term market conditions. A bull market in a strong economy sees a rise in share prices, while a bear market in a weak economy sees most stocks decline.

The market has been in turmoil for hundreds of years, with more animals being added along the way.

Meet Other Animals on Wall Street

Why animals? Because we can also think of investing in people's behavior as a way of describing their qualities. Plus, it's easy to miss! Think of the animals on either side of these enemies and guess who they are.

Pig vs Chicken

Very dangerous. They want to earn maximum money in minimum time. They can all be too impatient to do the right research.

Not too risky. While the chances of a successful investment are good, they may not want to make any changes to their investments.

identification of? ... Often greedy, pigs are high-risk investors, while hens are known to be fearful. even more ...

Sheep are known as shepherds! A person who is always dependent on the investment decisions of a friend or family member may take bad advice or miss an opportunity.

Wolf - Known as the villain in many fairy tales! These investors earn money by investing in illegal, illegal, or unethical means.

ALSO VIEW: EPFO's Subscriber's Calamity, This Number Indicating Balance Is Out Of Order

Ostrich - Known for existence. These investors ignore risk (or bad news) and expect good.

And his investing lesson...

If you are wondering how these animals can teach us to be good investors… knowing about these differences helps us to form our own wise opinion and ultimately make decisions.

Now, kids and parents can access investor information from bulls and bears in the Greenlight app. To see what they had to say, open their app and browse their individual stock pages by different companies. You will see conflicting views about the performance of the company in the future so that you can make a decision.

Investing takes practice, and Greenlight is here to guide you—with a little help from the animals on Wall Street.

10 Customer Retention Strategies That Actually Work

Finding new customers is definitely essential for any business.

This will increase the income. But for growth and sustainability, it is important to provide an experience that fosters customer loyalty.

As a company, you need to learn how to retain customers and engage in ways that encourage repurchases. You truly need more than karma to be productive in Affiliate Business.

You want more than karma to be fruitful in Affiliate Business. The most ideal way to accomplish these objectives is to utilize a blend of demonstrated client maintenance techniques.

What is the Customer Retention Policy?

Customer engagement strategies are the strategies and initiatives that businesses adopt to build relationships with their customers. These activities are designed to deter consumers from buying and relocating to other brands.

Eventually, an effective client maintenance system will drive client reliability and increment the lifetime worth of the client. This leads to lasting benefits because customer perception is cheaper for the company than acquiring new ones.

Why is a customer retention policy important?

Establishing a well-planned customer retention program can grow your business and ensure its long-term success. Here are some of the most valuable benefits of having a loyal customer base:

High Income On average, businesses receive 65% of sales from existing customers. And, customers spend more on subsequent purchases than on their first interaction with the company.

low business cost. The consumer retention policy is seven times cheaper than the new customer acquisition policies.

More effective client editing. 86% of your devoted clients will prescribe your business to their organization and give you new leads that can be changed over without any problem.

However, to reap these benefits, you need to use the best customer retention techniques to specifically target your audience.

consumer retention policies

How to improve customer perception will be different for every business. You need to think about your industry, brand, and audience before using a customer retention method. Be that as it may, here are some demonstrated idea systems for clients in retail and administration organizations:

1. Reduce Customer Response Time

Do you know why live chat is the best method of customer service?

Because it's the fastest.

In customer support, speed of response is important and this rule applies to every support channel you use (email, live chat, phone, etc.). In fact, customer service keeps 56% of customers loyal to the brand.

Consider the following tips to speed up customer support:

Add Live Chat Function to Your Website

Live chat enables you to resolve customer issues during the sale, which helps in increasing conversions. Plus, it helps customers take care of themselves, which increases their chances of returning to your company for future purchases.

2. Provide Pleasant Surprises

Emotion is the most important driver of loyalty. That's why 60% of consumers use emotional language when describing their relationship with their favorite brand.

Surprise customers with special gifts and special offers that can create positive emotions in your business. Consider these ideas:

Distribute handwritten notes. Customer service is nothing more personal than a special written note to create a great unpacking experience for each customer.

Send birthday gifts. Be a brand that your customers will love and appreciate on their special day.

Offer service upgrades. Deal with loyal customers with exclusive features others will have to pay for.

Share their social media posts. Your customers are recognized and appreciated when you suddenly repost their photos and stories to their branded accounts.

Invite them to special events. Allowing customers limited access to sales and parties is a uniquely effective customer retention strategy for your most valuable customers.

3. Start a Customer Loyalty Program

The most effective way to retain customers is by enabling buyers to receive discounts or other rewards for their purchases. In fact, 81% of shoppers say that consumer loyalty programs encourage them to spend more on a brand.

When you start your loyalty program, make it easy for your customers to join and give them multiple ways to earn points.

4. Share Customer Reviews

Reliability is the top psychological factor that drives customer loyalty up to 84%. The most valuable indicator of trust is product reviews. Reviews encourage consumers to consider their brand experience, and publishing them encourages other buyers to buy.

Establishing a system for an uninterrupted supply of genuine customer reviews to e-commerce store customers and even service-oriented business customers is a great retention strategy. The best way to do this is to set up an automated workflow that emails review requests for each purchase.

5. Send Customer Retention Emails

Email marketing plays an important role in customer retention programs as it provides economical yet excellent results. In fact, research shows that email is the most popular platform for customer retention.

ALSO VIEW: 5 Digital Marketing Strategies To Enhance Your Trade Show Presence

Consider the following types of content-based email marketing campaigns for your brand:

Thanksgiving Email: Thanksgiving is upon us, which means the holiday season is in full swing.

Personalized Recommendations: Using purchase history to provide relevant recommendations is an effective way to promote future purchases.

Special Offers: Simple incentives can be enough to prompt buyers to investigate.

Recurring Emails: Sometimes, it takes a little pushing for customers to browse again.

What We’re Teaching Kids About MoneyGoals?

Children want to understand where goal setting is for them now and where they want to be in the future.

When they are young, they set goals and achieve them, they are ready to move their future into adulthood. There's money for this.

ALSO VIEW: How Kids Can Keep Their Holiday Budgets In Check

You may be familiar with the goal-setting process - a well-known strategy for achieving effective goals. It can also be used for financial purposes. After your kids read the stories in your app, share their S.M.A.R.T. # Money target.

This is your instant review!

S (Normal)

Once children have set a goal, they should start paying attention to it and think about the details. Who, what, when, where will answer all such important questions.

Let's say their goal is to help pay for their class trip to New York City. In general, "save $10 per week for 25 weeks -- versus paying $250 for an NYC class trip."

M (Measurable)

They must break the target by stepping on the road. It makes them feel self-reliant and helps them measure their progress. If they are measurable, they have a good chance of getting here.

For example, let's use a car with 6,000 parts.

If they want to achieve that goal in 3 years from today, let's quickly do the math! $6,000 / 3 = 2,000 annual savings. We'll do small portions of it every three months to make up for overtime. Divide $2,000 by 4 to get $500 for each milestone.

This is a good thing to do, and it should end there. That's $500 per step. It is measurable.

A (received)

Goals should be realistic.

It is not realistic for them to expect more savings than what they earn. But see what they can change. They will look for new ways to earn money. Or are they wondering what they want to achieve in the future after getting their first job?

Key Solution: Just because something doesn't seem possible now, doesn't mean they can't take action in the long run.

R (related)

Not only a good education but also his alertness and dedication are needed the most. Like adults, children should spend their money and their time on the most important things.

If their dream is to start earning money when they're young, maybe their own car in high school isn't what they really want. If he doesn't contribute to his car savings, how can he raise money instead? At 8% interest over 10 years, $6,000 pre-tax and inflation could rise to about $13,000. That's double!

T (by time)

When do they want to achieve their goal? They should set a time limit to stay motivated and help them complete all the steps along the way.

They want to graduate from higher education without student loans. Or a year-long trip around the world before graduate school. Choosing an actual date for a day will help that day arrive.

How Kids Can Keep Their Holiday Budgets In Check

The holiday season is upon us! Know how to keep holiday budgets in check

There can't be a better time to spend with family on a budget and on savings. Holiday sales are projected to grow from $843.4 billion to $859 billion this year. It is 8.5-10.5% higher than last year.

That's great. Before you start your kids' holiday, let's plan each of their gift lists.

1. Bring a budget

Setting an unmistakable spending plan for these special seasons will guarantee that your children don't need to venture into the red to partake in special times of the year.

ALSO VIEW: What You Need To Know About Stock Market Bulls And Bears

Holiday debt averaged ₹1,381 in 2020 (reached a 6-year high). Therefore, learning to budget - and stick to it - will serve them well in the future. Tip: Start by calculating how much each item will cost and how much you want to save for the season.

2. Make a List (Double Check)

What about a gift list instead of a wish list? Lists can help your kids stay on budget.

Before your kids head to the store or open Amazon, ask them to plan ahead. A few questions for starting a convo: Who's on your gift list? do you want to buy them? How much will their gift cost - and does it fit your budget?

A list will focus on your kids, both in-store and online. And if you're shopping on Black Friday or Cyber Monday, it's important to pay attention (more on that later).

3. Set holiday savings goals

Encourage your kids to set savings goals for your Greenlight app specifically for the holidays. They may call this a "vacation fund" or a "gift goal." Here's how to set a savings goal:

Navigate to your "Savings" tab.

Tap "Add Savings Target".

Enter the title or description of what you are reserving.

Enter the target amount.

Tap "Save" to complete the set-up process.

As soon as they transfer money from their savings target to the expense department, they will send you a request for approval. See when to stop holiday shopping from their to-do list.

4. Push them along with the interest paid by the parent

Encourage smart savings by setting up parental interest on your Greenlight app. You can set and pay interest on your savings to teach your kids the magic of compound interest. Ready to install it? Start from here.

5. Will have to spend some. Give some tips

When your kids reach their holiday savings goals, talk to them about smart spending, bargains, and vacation options. Here are a few days to remember:

The shopping extravaganza following Thanksgiving: The day in the wake of Thanksgiving is viewed as one of the most active seasonal shopping days of the year. It's known for its excellent sales and discounted prices - an opportunity to teach your kids how to navigate a store or online shopping experience. Show them how to shop with specific things in mind (and avoid emotional buying). It's never too early to start researching Black Friday deals.

Small Business Saturday or Shop Small Saturday: The Saturday after Thanksgiving is all about small business. Teach your kids about supporting local businesses and small, unique bricks and mortars in your neighborhood.

Cyber Monday: The Monday after Thanksgiving is the best day of the season for online shopping - from your home. Pro Tip: This online sale usually starts on Black Friday and continues till Cyber Monday.

Charity Tuesday: The Tuesday after Thanksgiving is called Giving Tuesday, a day that celebrates all types of charity. At Greenlight, we believe that every dollar has the potential to do well. To celebrate the joy of giving, between November 22 and November 30, each charity uses an entry in its Greenlight Card = Our Giving Sweepstakes.

When it comes to balancing holiday gift shopping with return gifts, you can help raise financially healthy and happy kids.

6. Good things are rare

Gifts are often a mainstay during the holiday season, but not all gifts come from the same store. When your kids list their holiday gifts, remind them that small, thoughtful gifts are valuable.

Cookies, DIY ornaments, handicrafts, handwritten cards, and random acts of kindness can go a long way. And there's nothing better than a warm, fuzzy feeling that comes from a thoughtful gift.

7. Extend the holiday with the green light

Now it's his turn to work - with the green light on. Encourage prudent savings, smart spending, and thoughtful distribution. Sit down with your kids today to set holiday savings goals.

Start An Online Store: 5 Easy Steps To Follow

Want to build an online store but don't know how to get started with e-commerce?

Well, you've come to the right place! We've developed a step-by-step guide to help you with all aspects of building an online store from the beginning.

So, how do you create the perfect online shopping experience for your customers? There are many things to consider when starting selling online, from choosing the right platform to marketing your store. We will let you know all that you know and how you can without much of a stretch begin with your eCommerce site utilizing PageCloud eCommerce.

let's get started!

Step 1. Choose an E-commerce Platform

Choosing an e-commerce platform is an obvious but important first step. There are many e-commerce platforms to choose from that differ slightly in terms of price, features, design freedom, and ease of use. Choose a platform that best meets your product, design, marketing, and customer needs.

For example, as a leading e-commerce platform, Shopify offers a wide range of features, powerful analytics, and a number of user-friendly templates to help you get started with stores and websites. However, Shopify has limited compatibility with themes and you need to know how to create and code custom websites. Most users will integrate Shopify into other website builders such as Squarespace, Wix, or Webflow.

PageCloud offers a more adaptable way to deal with planning web-based business sites and building a web-based store.PageCloud's powerful website builder allows for unlimited customization on an intuitive interface. When you sign up for an eCommerce subscription, you have access to your store dashboard so you can easily track orders and manage items.

When shopping for the best e-commerce platform, keep the following in mind:

Your comfort level with coding

your branding needs

The number and variety of products you need to include in your store

Your client needs secure login and account information

Step 2: Build your e-commerce website

You cannot build a great online store without a great website. Your customer's buying experience can begin by visiting your website, so it's important to welcome them with a balanced design and easy navigation.

What Makes a Great Website? There are many factors to consider when designing a website: color palette, fonts, images, text. PageCloud provides drag and drops website building that makes it easy for first-time users to design websites!

Here's an example of a simple website built on Pages Cloud!

Choosing a template is a great place to start when building a website. PageCloud templates are fully customizable, so you can easily make changes and start inputting your own content. A few things to keep in mind:

Use WhatsApp: Too much content can make your users uncomfortable and overwhelmed.

Balance images and text: Your content should be balanced and meaningful.

Easy Navigation: Users should be able to find what they are looking for in a matter of seconds. Make sure your navigation is clear and they can figure out where to shop.

Check out our ultimate web design guide for more website design tips and tricks.

Step 3: Organize your products

Organizing and displaying your products is the key to creating an online store that your customers can navigate easily.

Your product shots and descriptions are important to accurately represent what you are selling. The best practice is to upload high-quality product shots on a white or neutral background. As mentioned earlier, reducing visual noise and unnecessary stimulation is vital to keeping your customers happy.

Here are some product shots from the PageCloud eCommerce store!

Product details and variety are other important aspects of giving your customers a seamless online shopping experience. Your customer should not guess the size, shape, color etc of any product they want to buy.

Using an eCommerce platform like PageCloud, you can easily manage all the product options in your dashboard to keep your inventory organized.

Platforms like PageCloud also allow you to sell services or digital goods. You can add booking and prediction forms to your website in just a few clicks, and your e-commerce dashboard allows you to upload digital files to make purchases available.

Step 4: Marketing your store

Now that you've set up your online store, it's time to reach new customers. By integrating your store with proper SEO optimization and other platforms, you can quickly build your customer base.

Many e-commerce websites allow you to optimize your content for search engine ranking. Be sure to tag the title, add metadata, and include alt text in your product images! Check out this article for a complete guide to SEO.

Pages Cloud eCommerce allows you to integrate your store with other platforms like Facebook, Instagram, and Amazon. You can start selling on Amazon to reach new customers and make more sales!

ALSO VIEW: EPFO's Subscriber's Calamity, This Number Indicating Balance Is Out Of Order

Step 5: Manage your store and customers

As you expand and expand your store, managing your inventory and retaining your customers will be your first priority.

It's important to keep your stock up to date and your products organized as you add more product options and SKUs. Check out PageCloud's tiered pricing plans to find the best plan for your product needs.

In order to grow your online sales and your business, it's important to engage and keep your customers happy. Now that you have set up your eCommerce store and received customer support, you can proceed with marketing emails and ads! You can check out this blog post for the 7 most effective ways to promote your website to customers.