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4 Facebook Strategies to Boost Your Visibility as an SME

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Creating an effective strategy for your Facebook ads requires careful planning and research. The good news is that Facebook gives you more options than other social media platforms. From targeting specific demographics and locations to creating ad schedules, here are endless possibilities available to you once you become familiar with the process. Here’s how an effective Facebook advertising agency uses the platform to boost an SME’s visibility.  

Focus on actionable metrics over vanity metrics 

Every small business owner has a set of goals they want to achieve in their business – whether it is getting more engagement or boosting your content. 

The problem is that it is common for businesses to focus on the wrong metrics. Instead of focusing on actionable metrics, you could be measuring vanity metrics, which don’t really mean anything, to determine your company’s progress. 

Vanity metrics are those numbers that aren’t necessarily a good indication of your company’s performance. For example, having 100 Likes on your Facebook page doesn’t necessarily mean you have a large following or that your business is making money. It only means that – you are only getting Likes from people who are already your customers and may or may not be buying from you regularly.  

Actionable metrics, on the other hand, tell the real story about how your efforts are paying off, such as the number of leads you have generated from Facebook. For instance, Google Analytics is the best way to track actionable metrics because it will give you more detailed insights into the conversion process, so you can easily replicate it.  

Metrics you should be tracking 

There are plenty of ways to measure the effectiveness of your Facebook efforts. Measuring the below metrics will help you stay on track: 

  • Engagement: Engagement is what makes Facebook work for businesses. How many people saw your post? How many people engaged with it? How many people were convinced of your call to action?  
  • Response: Look at how people are responding to your posts. Are they negative, positive or neutral? How many comments did you get and what are they about? These numbers will give you a sense of whether you are making the right impression on your audience. 
  • Clicks to website: Did people click on links in your posts? If so, how many clicks did you get and where did they come from? All this data will help you understand what kind of content works best for your audience on Facebook. 
  • Post reach: Were people exposed to your post in their news feed or story? This gives you an idea of how effective the copy was in drawing attention – particularly if there was a call to action involved. 

Create engaging visual content for your ad campaign 

People process visual content 60,000 times faster than text and it is key to successful Facebook campaigns as visual content can provide your audience with a more engaging experience and improve your click-through rate. It should be eye-catching and relevant, which means it has to match your target audience’s interests. 

Start by creating different types of engaging images as they are the most important part of a Facebook ad. Test the waters to see which works better for you. For instance, try using an image with a graph or chart to share a statistic related to your business and another with a funny pun. This will help you stand out from the crowd of other businesses that are sharing simple text posts but not providing visual information. 

In addition, ensure you choose a compelling image that makes people stop and look at it. When someone sees your visual ad on their newsfeed, they will typically only see it for a couple of seconds before moving on to another post. So, if your ad isn’t able to grab the attention of your audience, you will end up wasting your ad spend.  

Retarget ads to warm leads 

Retargeting is the process of reaching people who have previously visited your website and Facebook ad retargeting is a powerful way to keep your business top-of-mind with potential customers. It is especially useful for small businesses that can’t afford massive advertising budgets and need to stretch every dollar. 

Here’s how retargeting works in a nutshell: When people interact with your ad on the platform, Facebook’s algorithm recognises the profiles and stores their information in the system. You can use this data to specifically target a custom audience group for your retargeting campaign. 

Remember that retargeting is a very effective strategy because it shows that you are not just trying to sell to everyone, but rather you are using data to specifically target those who have already shown an interest in your products or services. So, it is imperative for you to be brilliant at analysing data and using it to your advantage. 

Mind your ad copies 

A general piece of advice for running effective Facebook ads is that it is best to test different elements of the ad until you find one that works for your business. But it isn’t as nuanced as it sounds. Simply getting your basics right, such as writing a compelling ad copy, can also be a great starting off point.   

Here are some quick tips that will simplify the process of writing a compelling ad copy for you: 

  • Describe your business and products/services briefly in your ad copy. Make it clear to your customers what you are selling. 
  • Be as specific as possible. People don’t have time to read long paragraphs, so try to be concise and get straight to the point. 
  • Your audience is likely to include many people who have never heard of you. Therefore, use images that help people understand what it is that you do. 
  • Add a call-to-action (CTA) button at the end of your ad copy, letting people know exactly what you want them to do on your landing page (ex. visit, buy, learn more, buy now, etc). 

Bear in mind that narrowing down your segment before writing a good copy can do wonders. But if you continue to struggle, you might want to consider outsourcing Facebook advertising to a professional agency.  

Effective Employee Training

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Everyone knows how intimidating it can feel when starting a new job or a new position in their existing firm or workplace.  And it is no secret that older employees find it hard to learn new skills.

For the employer, both of these facts mean that getting the training right, from the very start, is vital if they are to get the best out of that member of staff in the future.

According to an expert in the field, neuroscientist Andrew Huberman, the ability to learn new things is connected to ‘neuroplasticity’. And if you want to trigger this in adults, you have to get the learner to ‘be totally focused’ and to ‘feel a sense of urgency’.

The trouble is that the training methods employed by the majority of businesses do not do either very well.

New technology not being taken up

We are all surrounded (and often astounded by) advances in technology, so it is surprising to find, according to a recent report, that most businesses are not adopting ‘high tech’ in their training programmes.

So what can you do to improve the skill sets your staff have?

Early Onboarding

Most employers have some sort of onboarding programme, where the new staff member is shown some of the ‘ropes’. But studies have shown that by starting this process BEFORE they start work can contribute to a much smoother start. This can be done by sending them the employee handbook and information on the other members of the team, for example.

It seems that doing this allows the new starter more ‘brainspace’ and thus gives them more focus and energy, which in turn enhances their ability to take in the training information they are given on that ‘stressful’ first day.

Ensuring a cultural fit

Of course, this is one of the areas that should have been covered in the selection process, it being important only to recruit people who share the goals and standards of an organisation. However, this is one of those often overlooked areas, cultural training apparently greatly assisting any staff member’s ability to ‘fit in’.

Ensuring that employees are continually trained

It goes without saying that the world, and the skills needed to be successful, are changing at a very fast rate. This means that yesterday’s training is soon out of date. With this in mind, all staff members should be encouraged to look at the training they have received in the past.

There are two reasons for this. One is that it allows them to extract the maximum benefits from the training (after all it can be difficult to take it all in) and two, perhaps more importantly, it allows them to highlight to their managers that things have moved on and that the training needs to be updated.

This is important, since if a business is to compete, it has to keep up with the changes in its market sector and to constantly update the skills and abilities of its employees.

But what of the training methodologies?

Videos

Videos are a highly-effective training medium, as they allow employees to learn at their own pace and can also be paused and sections repeated, to allow time for the information to ‘sink in’. They can be watched again and again as needed (this being very useful for difficult subjects). Studies have shown that just under 70% of people like to learn by watching short videos. Showing the same video to all employees encourages consistency. Videos can and are often used in traditional classroom learning environments, allowing the lecturer to highlight the important parts of the training and to answer any questions.

E learning

This type of learning has been around for a few years now and is growing fast. This type of learning delivery allows employees to learn when they want to from just about anywhere and can be revisited when required. There are added benefits, too, managers having the ability to check on who has completed the training and how they scored in any tests. This allows them to offer more support or encouragement as needed.

Buddy Learning

In many cases, ‘on the job’ training works the best, but only, and this is crucial, if the learner is closely supported and supervised by someone who is confident and proficient in that role. This person is known as a ‘Buddy’. Research has shown that 9 out of 10 organisations have found this system to work really well, substantially boosting the proficiency of new staff. The main way of implementing this training system is to ensure that there is an overlap between the time the new staff member joins and the old employee leaving. This way, the new hire can be trained by someone with intimate knowledge of the processes involved, including all the ‘tricks of the trade’.

Interactive Training

This is in reality a fancy name for what is actually old fashioned face to face classroom training. There are many benefits to classroom training, all the staff are in the same room and all can ask questions in real time. It is also a great way for new hires to get to know the rest of the team and better understand the company’s culture.

Then there is…

Interactive training on steroids – Simulations

Simulations are the ‘crème da la crème’ of training methods, combining all the best parts of traditional face to face classroom training with high tech real time problem solving situations. As with E Learning, the managers can see just how well their team (as well as themselves) perform. And it is far better than just watching a video; with business simulations, staff get to play a part, learning what works and what does not, safely.

Of course, simulations are not suitable for every type of training, but when they are a fit, they are the very best fit there is.

For more advice on how business simulations could benefit your organisation, don’t hesitate to get in touch with Prendo.

Making Sure Your Production Line Runs At Maximum Efficiency

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More than just machinery

Any production line consists of far more than just machinery these days. Even with the ‘march of the robot’, many human workers are needed to feed and maintain the equipment in the line.

These operatives fill the hoppers, check the machinery is running smoothly, answer alarms and clear blockages, as well as doing the many jobs that robots can’t, at the moment at least, carry out as efficiently as a human.

Motivating manufacturing workers is essential too

There is a huge number of motivational techniques being deployed in the offices around the world, these corporate ‘cheerleading strategies’ being shown to be effective at keeping the workforce happy and maintaining high levels of efficiency.

Manufacturing workers often feel disconnected

But the same cannot be said for the huge majority of production line / factory workers. Forbes in the USA carried out some research on worker disconnection, and found that :-

“The transportation, manufacturing, and production fields have the greatest percentage of workers who are most unhappy on the job.”

This is something that should worry any manufacturing business as if workers feel left out or ‘disconnected’ from the organisation, it can lead to a variety of unwanted effects:

  1. It can create higher staff turnover rates, which at times where the pool of workers is low, can cause real issues
  2. It often leads to lower overall productivity, staff simply not feeling it is worth the effort to try as hard as they might
  3. It makes day-to-day life seem harder than it really is, factory workers often operating in locations far from the company’s main hub.

As you can imagine, faced with such issues, many manufacturing companies are looking for ways to enhance the communication with their production line teams.

Provide a single source of truth

One successful method has to been to provide what is seen as a single source of truth.  When this is done and all staff feel that they can rely on it, rather than handed down data, has been shown to be good for production, good for the employees and good for morale. 

Other ways of motivating factory workers are

Establish two way communication

Many organisations suffer from only having a one way information flow, that is from the management down to the mid management and eventually to the front line worker, whether these be in the office or factory.

However, it seems that the manufacturing sector suffers from this to a greater degree. As with the ‘office sector’, when this happens vital information does not flow ‘up’ the corporate ladder, something could well degrade overall efficiency.

You can look at operational communication as a pyramid. The very top issues official announcements that then cascade down to the rest of the organisation. In the middle the departments receive these and then pass them down to the lowest level, this consisting of small groups of staff. As this lowest level is where most of the manufacturing staff reside, it is imperative that the flow to this point is consistent and true.

The real importance here is that this level is the one where the factory workers come together to solve problems, overcome challenges and learn from each other. Businesses need to understand the wealth of knowledge that exists here. Operational managers can gain valuable insights into the day to day operations of the business. This gives them the chance to solve issues before they start having a greater impact. It is also true that fixing many small problems has a greater impact than solving just one big one.

However, this can only work where bottom to top information flows are encouraged and where the flow is not just considered as a list of problems, but of matters that need consideration.

Streamline processes and allow quick access to information

Research has shown that the average factory worker can spend up to 10% of their working week looking for information that they require if they are to do their job.

Sometimes, such needs are dealt with very quickly, a nearby co-worker being able to help. However, the answer that they receive may not be the best. Wouldn’t it be far better if there was a fully maintained system where up to date information on the changes and current procedures could be found.

This is leading to more and more manufactures moving to a mobile friendly digital workplace.

Providing ongoing training and upskill support

The fact is that many workers in manufacturing are nearing retirement. However, within this baby boomer generation lies a huge wealth of knowledge, all of which will be lost when they retire, unless steps are made to transfer it to the remaining employees.

Besides this, as the manufacturing industry itself changes, current staff also have to be retrained and new skills learnt. Again research shows that where businesses invest in their staff in this manner, they become more ‘emotionally involved’ and thus try that bit harder in the working environment.

Ensure Health and Safety Information is fully accessible

This is a vital area for any manufacturing business, and one that cannot be ignored. One way that any potential issues can be avoided is to ensure that all staff have access to accurate, upto date information on the procedures and how to steer clear of the dangers that they face every day.

Set up methods that facilitates the transfer of knowledge

All industries suffer from staff churn as people retire and move on to other jobs. And as with any organisation, the transfer of knowledge from old workers to new is crucial when wishing to maximise the efficiency of a business.

Whilst this problem is reasonably well covered in the non manufacturing arena, the manufacturing area suffers from a shortage of the digital tools necessary to ensure this knowledge transfer.

Conclusion

Ensuring that a manufacturing business is operating at maximum efficiency is therefore far more complicated and far-reaching than simply maintaining the production line machinery. The good news is that there are companies like Sandfield Engineering that can provide support in various ways, one of their strengths being their ability to solve complex engineering problems.

Why Marketing Is So Important In The Growth Of Your Business

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The term ‘marketing’ is often used to encompass anything you do to get business through the door. Many many think of advertising on TV or in the local papers when it comes to marketing, but the actual marketing process covers many areas, or at least it should if you want to get the best from your marketing budget to elevate and grow your company as it should be.

If you’re looking to get help with your marketing, you may be lucky enough to find one such as Exciting Futures that offers bespoke advice and services and a range of handy expert guides to get you started. Before you start any marketing program however, you’ll need understand why marketing and getting the process right is essential to the growth of your business.

The marketing process must

·      Understand the customers you have, want and strive for. Only by doing this can you ascertain what you are already doing well and where you need to change tactics.

·      Set a basic strategy. A strategy will help you decide if you are looking to grow by selling to more customers, selling more to the customers you have, or would benefit from extended or reduced products or services focus for your business or at least the campaign you are planning.

·      Work to a plan. You need a scope to follow that sets a budget and identifies what you will use to measure success or failure as you progress and in the future.

Following the basic steps above will give you valuable data about how successful your marketing has been and information that can help structure and drive future campaigns. This is important as the one thing you can not do is stand still. The only way to grow your business is to get the marketing right. No matter how great your company, product or service, if you don’t tell the right people in the right way about it, it won’t stay great for long. Only by continually marketing and getting the message out to the public can you be sure that your business will remain at the forefront of people’s minds. 

During the lifetime of a business, you will need grow your customer base, which is essential as it is inevitable that you will lose customers over time too, so you must attract new ones. You will see increased sales when your marketing is effective, but equally, if you do not follow rational marketing processes that are right for your aims and business, you can see a lot of money spent and wasted.

Drive awareness and growth

·      Optimise your website and social media. Use relevant SEO and metadata to drive traffic to relevant information and products. Learn about business marketing and enlist the help of appropriate experts where needed. After all, you may be great at making your products or directing services, but marketing takes skill and time that many business owners do not have, so don’t be afraid to spend money learning and seeking assistance. It could just save you money in the long run.

·      Use the free listings on sites such as Google My Business and Google Maps and business directories to drive traffic to you.

·      Be clear on what you are trying to achieve and think carefully about how you will approach customers. Timing is critical. You won’t sell a Christmas tree in April, so whilst this may seem an extreme example, your marketing process must be relevant to what is in people’s minds at the time. Think about your customer journey and habits, how they interact with your brand and the channels that draw them to you. The customer journey must align with your goals and marketing that answers their pain points, gives clear calls to action and lands where they look most will be effective if you understand your customer type.

 Every day can be a marketing day

Use everyday opportunities to bring your business to the forefront. Be social media active, keep it relevant, tell a story and answer pain points. Show a little of behind the scenes, perhaps, show your journey to become carbon neutral and organically drive traffic through interaction to support your planned marketing campaign.

How To Shop for Men’s Wedding Bands

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Are you trying to figure out which wedding band or ring is perfect for you or your partner? Before you make a purchase, make sure you read this helpful guide. Here we have included all the information you need to choose the best mens wedding bands

Most men spend a substantial amount of time deliberating about their future spouse’s engagement ring. This looks like them doing research online and visiting local jewelry shops, where they’ll have to deal with salespeople trying to upsell them at every turn. Despite their efforts to locate the right ring for their future spouse, many men don’t give much attention to the wedding band they will wear forever after their big day. Because of this, most men choose a plain yellow gold ring.

There’s nothing wrong with this approach as long as you acquire the wedding ring of your desires. Nonetheless, a basic band must be well-fitting and comfortable for you to wear, and it must also go with your style. Men can certainly choose a band that is unique and meaningful to them. After this tutorial, you’ll understand all the choices and details involved in selecting the perfect wedding ring for a man.

Without any further ado, let’s have a look below to find out the different band types so that you can easily decide which one will work best for you. 

BAND TYPES

First, you must decide what style of wedding ring suits you best. There are four possibilities:

CARVED

A carved men’s wedding band is an updated take on a classic style. An etched design on the edges and a beveled pattern on the band distinguish these rings from more traditional styles.

Many men believe that they are more macho or just more interesting than the traditional plain gold band.

DIAMOND

It may be time to step up your style game. Many couples choose to wear diamond wedding rings.

There are no regulations in this area. There may be a single diamond, a row of diamonds, or various diamond designs on diamond bands. Keep in mind that a ring with many diamonds will cost a lot more money.

ALTERNATIVE

These rings are constructed of titanium or cobalt chrome, which are not the traditional types of metal used in men’s wedding rings.

Beveled or rounded edges are standard. It’s not uncommon for men who currently wear trendy jewelry to choose alternative wedding bands. You may even use medical-grade silicone to create rings that are comfortable to wear.

Foodservice employees, firefighters, police officers, and a wide range of other busy professions may benefit from their use.

There Are Many Different Kinds of Metals to Choose From

Let’s be honest; adamantium would be an excellent choice if you had to select a metal for your ring. As of yet, Marvel’s fictional world has exclusive access to this almost unbreakable metal alloy. But there are still many alternatives available to you.

PLATINUM

Despite its scarcity, platinum is one of the most often utilized metals in engagement rings. This hypoallergenic white/silver metal is long-lasting, stylish, and easy to clean. Platinum allergy is incredibly rare. Don’t be surprised if you can’t find a pure platinum engagement ring. It is customary that 5% of platinum rings are made of other metals. It doesn’t alter the ring’s appearance or features, but it is substantially less expensive than a platinum ring that is 100% platinum.

CLASSIC

A classic men’s wedding ring is exactly what you would picture. A simple plain yellow gold band is the traditional wedding ring. There are no stones, sculptures, or other adornments to be found here.

This is one of the most popular choices for guys since it is timeless and classic. It’s easy to see why these rings are so popular.

Good luck, folks!

Why Silk Pillowcases Are So Popular

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After the rigors of a long and stressful day, nothing is more refreshing than being able to get a good night’s sleep. This helps your body rejuvenate and improves your mood for the next day’s brainstorming. Sleep improves the immune system and helps the body react better to intruders. You also improve your memory and increase productivity when you are well-rested.

Now, imagine what inadequate sleep would cause. Research shows that an individual is more likely to get involved in an accident with less sleep. You definitely don’t want to slow down your reaction time because of poor sleep. Changing your bedding frequently helps improve sleep.

Also, changing your pillowcases at least once a week reduces the chances of having eczema, rashes, and itching. Silk materials are durable and comfortable and became a popular option for pillowcases, bedsheets, and blankets. There are several reasons silk pillowcases are so popular compared to other fibers.

The Benefits of Silk Pillowcases

Silk’s selling point is its ability to regulate temperature. It doesn’t absorb body and surrounding heat like other materials, making it the perfect choice for all weather. As compared to other materials like polyester, it retains moisture that helps you stay comfortable, thus improving sleep. Some other benefits include:

Hair

Silk’s composition and smoothness also reduces hair breakage. Its smooth surface helps reduce friction that results in split-ends. Silk pillowcases help retain hydration and don’t drain the hair of natural oil. It is highly beneficial for natural and curly hair as they are less moisturized.

Skin

Silk’s tightly woven nature and smoothness helps keep moisture near the skin. When you use a silk pillowcase, your facial skin will be better hydrated compared to cotton. This means fewer facial lines and wrinkles. It also comes highly recommended for people with dry skin. 

Silk allows air to move through, making it easier for oxygen to get to your skin. Compared to other synthetic materials that trap air within them. This leaves your skin better refreshed and improves sleep. By absorbing less moisture and dirt, silk pillowcases prove the better option for people with acne.

Reduce Fine Lines or Wrinkles

Silk produces less friction, which translates to less tugging on the skin. Friction from frequent turning can cause creases, but the smooth surface of a silk pillowcase can reduce that after a while. This is beneficial for those who sleep on their stomachs and their side.

Hypoallergenic

Silk comprises materials that are resistant to allergens. Its antimicrobial properties help it ward off mold, dust mites, and mildew. Long exposure to mold has caused fever and increased breathing difficulties. Silk pillowcases act as a barrier between your skin and the allergens.

Pillows made of feathers increase exposure to allergens. While materials made from latex have increased resistance to allergens. Silk pillowcases are also designed with Talalay latex which makes them more breathable and relieves pressure. When you buy a Talalay latex mattress, you also get the side benefits of proper support for your back and spine.

Feels Luxurious

Not only do silk pillowcases have several health benefits they also have a luxurious touch that brightens up your room. You have different colors that beautifully complement the color of your bedroom. They are super comfortable, soft, and relaxing. Its dense and opaque properties give it a touch of elegance that no other material rivals.

How To Update Your Bedding

Silk is a luxurious fiber. It is made from silkworm cocoons that are then spun into yarns. This delicate process also accounts for its high price tag. But not to worry, it is still well within reach.

There are ways to find authentic silk materials that are also affordable. One way is to buy silk duvet covers instead of the entire silk quilt. This way, cut costs without compromising quality. Silk’s quality and weight are determined by its measurement.

It is measured in momme and a higher value depicts more quality. The benchmark for luxury is 19 momme but the American Sleep Association recommends a minimum of 15 momme. You may also want to be on the lookout for silk materials with minimal chemical additives and natural dyes. This is more durable and reduces allergic reactions. 

Due to its expensive nature, some manufacturers compromise the quality. To identify authentic silk, it should be shimmering when close to light. You should also feel the smoothness when you touch it. Also, when silk products are rubbed together it should produce a crisp sound known as the wire-ming phenomenon.

Most brands have an Oeko-tex standard 100 certification that shows they were tested and are free from harmful chemicals. It is advisable to purchase from online stores that have this certification as this guarantees authenticity.

Comforting Pillowcases

Silk pillowcase’s smooth and soft texture reduces irritation and improves sleep. They can also improve skin and hair hydration and reduce face wrinkles and exposure to allergens. These benefits can all add up, leaving you refreshed for the day’s activities. 

Is London Still the UK Property Market’s Golden Goose?

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London’s property scene is like no other in the UK. Investors spend huge sums of cash on flats barely bigger than a postage stamp because property in the capital brings in a premium rental figure.

But times are changing.

Renters are tired of cramped and uninspiring living conditions. They want space, they want a garden, and most of all, they want value for money. People are moving out of London to find homes that better suit their needs.

On top of that, London is no longer the only UK city where the young and ambitious can seek their fortune. With world-class universities in the North West and a chance to work for one of the many FTSE 100 companies based up North, the capital doesn’t hold the same allure that it once had.

Some might even say areas such as Liverpool and Manchester have usurped London’s position as the Golden Goose for investors thanks to the population boom and greater demand for more suitable property.

As digital marketing experts in the property sector, Strawberry Forge has worked with investors, brokers and landlords across the country, and we’ve noticed a monumental shift in the perception of London’s perceived value.

But don’t take our word for it; the numbers speak for themselves.

Rental ROI

Did you know London smashed its own record recently? In August 2021, the average cost of a residential property reached £525,893, an increase of £27,810 on the previous month according to the Office of National Statistics.

And the average price of rent? That would be £1759 pcm, equal to a 4% rental yield.

4% is an okay return, but it’s not exactly earth-shattering.

Let’s take a look elsewhere in the UK to see how London really measures up.

In Manchester, the average price of a residential property is £246,976, according to the portal Rightmove. That’s already a huge improvement on London.

But of course, it’s the ROI that really matters, as a higher upfront price is worth paying for a better return. So, what can you expect from Manchester?

Well, the average property brings in around £1411 rent pcm, which is a yield of 6.86%.

If you’re looking in terms of pounds, then London does beat Manchester. But, if you look at the percentages, the Northern city beats the capital every time.

Let’s take it a step further, though. Keeping the average prices in mind, you could buy two rental properties in Manchester for the price of one in London, and still have £31,941 left over to cover fees, maintenance and furnishing requirements.

You’d then be taking in £2822 per month as well before associated costs, which is over £1000 more than you would with just one London property.

Capital Growth

Rental income isn’t everything in the world of property; capital growth plays an important part in investments, too. Unfortunately for London, it’s not faring as well as its Northern counterparts in that department either.

COVID-19 affected almost every industry you can think of, and that includes property. The UK is going through it’s biggest price boom in years following the disastrous fallout caused by the pandemic, yet London is lagging behind.

Between September 2020 and September 2021, growth in the North West increased by 16.8%, in the East Midlands the annual change reached 14.7%, and the North East saw a rise of 13.3%.

London’s house price growth only reached 2.8%.

And the low capital growth of London properties has been a continuing trend for years.

In 2016, 2017 and 2018, house prices fell year on year according to Land Registry data. 2019 saw a small rise of 3.3% and continued to grow slowly until April 2020.

Since April that year, prices have only risen and dropped by small percentages. There’s been no significant boom for London investors who are looking to buy or sell that can be taken advantage of.

All we’re seeing in London is very high price tags that don’t result in a healthy ROI, even if you hold onto your investments for the long-term.

Where is the Golden Goose?

As the UK capital, London will always hold value. Despite slow growth and high purchase costs, people still want London properties.

They just don’t want them as much as they used to.

Cities across the UK are closing the gap on London. The North West has swiftly broken into one of the top spots, but areas such as the North East and Wales aren’t far behind either.

At Strawberry Forge, we speak to property experts regularly, and we pay great attention to what they have to say. London is no longer the main choice for investors, and researching the rest of the UK could reveal significantly more lucrative deals giving you a lot more bang for your buck.

Why is leverage both beneficial and dangerous for traders?

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As you know, on any exchange, trading is carried out to buy or sell financial assets. At the same time, each trader does not set himself the real goal of buying an asset or selling it, since the interest of exchange trading is to make money on the exchange rate difference of trading instruments.

Earlier, at the time of the birth of financial markets, trading was carried out between large financial companies and only a trader with a large amount of money could be a participant in the trade.

Today, thanks to margin trading, the ability to trade on exchanges is available to every beginner with a small capital, starting from $100.

What is Leverage in Simple Terms?

The term leverage is the ratio of a trader’s deposit to the amount of money he trades with. In simple words, this is financial leverage or a broker’s service that provides a trader with borrowed funds that exceed his deposit by a certain number of times (10, 100, 200, etc.)

If an investor with a large deposit can buy the required number of lots for trading, then no leverage is issued to him. The leverage size is different: the minimum is from 1:1, the maximum is 1:1000, but sometimes it is 1: 5000.

Leveraged Trading Opportunities

On the exchange markets, a trader buys shares not for his own purposes, but for the opportunity to make money on the difference and changes in the price rate. And the more funds he has in circulation, the greater the estimated income. To do this, he resorts to the need for margin trading.

In the modern world of trading almost every broker has leverage available for customers. This is a tool that helps traders to execute large traders and increase their profits. However, the size of leverage could vary among brokers. Generally it is not advised to trade with 1:1000 leverage if you are a beginner. Choose lower leverage. In this hotforex broker review you will find out information about a broker that has a decent leverage and all the necessary conditions to conduct profitable trading.

Let’s say that an investor trading on the Forex market has opened a deposit of $1000 and wants to work with a volume of one lot for the EUR/USD pair. With such a desire, the trader’s deposit should be $100,000, because one lot is equal to 100,000 units of this currency. He will not be able to trade with his deposit.

But using the services of a broker, in the form of a loan in the amount of 1:100, the investor’s activity becomes possible. In this case, a deposit in the amount of $1000 is taken from the trader’s account, and the remaining missing funds 99,000 are provided by the broker in the form of a loan.

In this case, the trader has a chance to significantly increase his earnings, since trading with the provision of margin is really very convenient and profitable.

But it should be borne in mind that in case of an unprofitable transaction, the risks of losses will be no more than the entire size of the deposit. The company provides borrowed funds only for the ability to manage assets, but the investor is not able to “draw down” the exchange loan.

Cons and Risks

The tool is convenient and accessible – it opens without statements and special requests. Brokers often offer these services initially. However, the investor’s losses grow proportionally. For example, the same 100 shares for 1,000,000 USD may lose in price and cost already 9,000 USD per share. With a decrease of just 1,000 USD, losses on 100 shares will already amount to 100,000 USD. That is, the investor will lose all equity capital at once. In this case, the broker will not go into the negative – his requirements will include the minimum loss-making threshold. That is, when the minimum set price for a share is reached, the transaction will close, and the broker will return its allocated funds. Therefore, using leverage, it is necessary to distribute funds over several types of shares.

The size of the leverage and the conditions of the loss threshold depends on the shares themselves and their investment attractiveness. Usually, with minimum capital, a larger loan is issued, and with a large capital – a smaller one. Leverage allows you to increase your own funds in order to trade further without such a service. It is similar to a loan to start a business, only the broker does not charge a commission on profits as a bank does. However, without proper preparation and study of the investment business, significant losses can be incurred. Therefore, one should enter into an investment business with a trusted broker and with the necessary knowledge.

Three Wellness Consumer Trends of 2021

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By analysing current consumer trends, we can learn about the public’s attitudes, behaviours and interests. It can prove to be a magnifying glass held up to modern-day society. Understanding consumer trends can help a business to capitalise on what is ‘trendy’ and get a step up on the competition. This article considers three of the most significant wellness consumer trends of this year.

What is a Consumer Trend?

The term ‘consumer trend’ does not refer to particular styles or brands in fashion today but instead refers to underlying values that push consumers toward specific products and pull them away from others. Indeed, a new attitude, opinion, behaviour, or even a new expectation can create a consumer trend. As we will see in this short article, the increase in conscientiousness for the planet’s health has substantially impacted consumer trends over recent months and years.

What Does Wellness Mean?

People often mistake wellness to be exclusively about physical health such as nutrition, weight management and exercise, but this is oversimplifying. Wellness is often referred to as a holistic integration of physical, mental and spiritual well-being, engaging the mind, fueling the body and nurturing the spirit. Yes, it is about striving toward good health. Still, it is more so an approach about living your life fully and reaching your ultimate potential. Wellness can involve a range of products and activities, including fitness and training, beauty, nutrition and diet.

Three Top Wellness Trends 

Now we unpick three of the biggest wellness consumer trends of this year.

Chickpeas

When you read the word chickpea, you may imagine a tin of depressing-looking chickpeas and wonder how they could possibly be an emerging consumer trend. Well, the Global Chickpea Market is projected to register a Compound Annual Growth Rate (CAGR) of 4.8% between 2020 and 2025. Furthermore, chickpeas account for 20% of the global pulse production.

So why are chickpeas becoming so popular? In December 2013, the United Nations General Assembly (UN) voted to declare 2017 the International Year of Pulses (IYP). This was to promote international awareness and action on chickpeas (the UN has been known to dedicate special years to push for large-scale awareness and action on certain topics). This declaration raised awareness of the humble chickpea and the advantages of consuming it. 

Over recent years, we have become much more health-conscious as a society, and the benefits of chickpeas to our health can no longer be ignored. They are a fantastic and vital source of protein, and they also contain other important nutrients such as fibre, magnesium, potassium, zinc, B vitamins and iron. Impressively, chickpeas contain 2.5 times more iron than chicken per serving! It is thought that the current popularity of houmous has also helped to push chickpeas forward as a consumer trend.

Whole Foods Market listed chickpeas as one of their top 10 anticipated food trends for this year. They lauded chickpea as the new cauliflower due to its versatility and variety. Chickpeas are now being incorporated into all sorts of products, including chickpea tofu, flour, cereal, pasta and pizza. There are even chocolate-covered chickpeas and ice cream on the market now! Chickpeas have taken off because they are cheap and sustainable, can be used in countless ways, and contain many valuable nutrients that appeal to our more health-conscious modern society.

Sustainability 

As mentioned, society is more health-oriented than it has been previously. This not only applies to individual health but to the planet’s health too. People are actively beginning to search for brands and businesses that prove themselves to be health-conscious and aim to lessen their carbon footprint. This could include increasing the number of recyclable materials in a product’s packaging, businesses that undertake a scheme involving planting trees or even products that have been used with recycled materials. 

According to the Harvard Business Review, 65% of consumers said they want to buy purpose-driven brands that advocate sustainability. Therefore, consumers are actively seeking out businesses or products that are green or more mindful of the environment. It seems that wellness has spread to the collective health of the globe rather than just individual health.

CBD Products

CBD is hugely popular at the moment as more people are gaining a clearer understanding of its properties. CBD is a compound from the Cannabis sativa plant. It is believed to be a beneficial supplement as it is thought to have the ability to bring a sense of balance and equilibrium to its consumer. Unfortunately, it has often been confused with Tetrahydrocannabinol (THC), another compound from the same plant. THC, unlike CBD, has the ability to get you ‘high,’ and it is this confusion that has led CBD to suffer from a long-standing stigma. However, a more accurate picture of CBD has been painted in recent times, and people are starting to see it as an appealing daily supplement.

According to Grand View Research, the CBD market is thought to grow at a CAGR of 23.4% due to increasing demand and raising awareness. Furthermore, companies are starting to enter into multiple partnerships and launching innovative products to increase their distribution and expand their customer base. Whether it is in the form of the easy-to-swallow soft gel capsules, the best CBD gummies, fruity flavoured vape oil or even candles, it seems like CBD infused products are here to stay.

Final Thoughts

It is no secret that being aware of current and upcoming trends is wise for a business. Doing so allows you to stay ahead of the game and gain an advantage over competing companies. It may also assist you in connecting with the consumer because you have a greater understanding of their values and interests if you do your research. In 2021, sustainability, chickpeas and CBD products have all been substantial consumer trends in the wellness industry.

Rebranding Transformation of Admirals, Quest To Begin As A Personal Finance Hub

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To celebrate its 20 years of existence, Admiral Markets decided to surprise its users by announcing the changing of its name to Admirals as the platform seeks to be the ultimate personal finance hub. The goal is to redefine how people approach personal finance. Users can expect to see integrated solutions that cater to investing, spending, and managing money. The rebranding is part of company expansion plans that will see a wide range of products and services introduced that will make personal finance transparent and accessible.    

Sergei Bogatenkov the Chairman of the Management Board at Admiral Markets Group AS says that the decision to change the name to Admirals helps the company reflect what it represents. According to him, the former name represents financial markets and this doesn’t capture the full scope of what the company is all about today. The platform may have started as a broker however it has expanded its product offering by adding new services over time. Today as things stand it’s a global financial hub that is disrupting the FinTech world on a global scale. The ultimate goal is to “streamline personal finance for over 10 million people all around the world in the next 10 years.”

Where It All Begun

The company was launched back in 2001 in Kesklinn Estonia and has grown into a global brand with a presence in over 130 nations. The platform allows users to trade Forex and CFDs on stocks, crypto, indices, metals, energies, agriculture, bonds, and ETFs. Currently, users have access to over 8,000+ financial instruments that can be accessed using four account types that differ in fees and products supported. The broker’s MT5 account provides the broadest number of symbols to trade.

Once you sign up on Admirals you will quickly realize it is a MetaTrader broker that stands out thanks to its MetaTrader Supreme offering that is available in MT4 and MT5. It consists of 12 expert advisors and 20 custom indicators. If you are wondering what useful add-ons are provided on the Supreme offering, they include news events plotted as small color-coded alarm bells on the chart and a Trading Central. Also, you will find a few less noticeable tools such as the candle countdown timer and a spread widget.

As a top platform, Admirals also offers a set of advanced tools to protect users against volatility. These tools help one to control inherent risks associated with agency execution such as slippage and market gap scenarios. They are excellent if you are a skilled trader and the reason the platform won the Best MetaTrader Broker last year. That award is one of over 20 the company has won over the years thanks to its innovative and diverse offering.

Access To Tools To Help One Become A Profitable Trader

To make traders and investors’ jobs easier there is plenty of research and educational resources supported on the website. They are accessible for free and this makes the broker excellent for beginners. One has access to webinars and seminars aimed at improving your trading and investing. Also, there is plenty of written material that will help you with technical and fundamental analysis plus how to manage risk. As a registered customer, you have access to the Premium Analytics tool that offers access to a Dow Jones News calendar, Trading Central signals, and sentiment widgets from Acuity Trading.

Incredibly you can access the platform from your mobile device meaning you can trade and follow the markets you are in on the go. However, some of the features here may not match what the desktop version offers.

All in all, Admiral Markets has come a long way over the past two decades. What started as a simple broker has grown to be a global brand that serves millions of users. By rebranding to Admirals, now the company is moving to the next step and redefining how to serve retail customers best.

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