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What does successful business continuity look like?

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During the past two years, the economy has taken an unprecedented hit that has shaken almost every industry to its core. Whilst it isn’t the “doomsday” we all feared when the pandemic first hit, there are still key lessons to be learned for companies that are looking to prepare themselves for all eventualities. Whilst this post won’t provide solutions to the global issues that we face, it will give business owners an idea of how to build and establish a business continuity framework so that your business has a plan to fall back on to navigate itself through an emergency. 

Understand your businesses core needs: 

Getting an understanding of what your business needs to function may seem like an easy process but it can get difficult when you think about the foundations from which your business works. Dependent on the sector you’re in, the key resources in which your business needs is going to differ. For example, if you’re an office-based business, you may have to think about how you’re going to manage the IT equipment that is necessary to run your business. Working from home is now a big prerequisite that a lot of people expect in the current global landscape, so understanding how you will arrange, manage and organise your IT equipment. 

This may not seem like a huge requirement that is needed to be planned out however the adoption of hot desks, laptops and other forms of technology when global lockdowns were implemented caused huge issues with many businesses not being able to adapt quick enough. Having a plan in place if lockdowns were going to happen again would be a smart way of thinking ahead, whilst enabling your business to function during times of normality.

Conduct a business impact analysis:

Carrying out a business impact analysis is a simple process in order to determine the criticality of specific activities your business does as well as associated resource requirements and what is needed during a business disruption. A BIA report could account for anything that is deemed a business disruption, so the findings are fairly general as they are applicable to a wide range of situations. 

The aim of this process is to establish a general understanding of your business, identifying its key products, services, critical activities and the associated resources that support them. In understanding your businesses core needs, you’ll understand how your business actually functions and what you will need during certain scenarios where key resources may not be available. 

Using the recent pandemic as an example, in a scenario where a brick and mortar office isn’t available due to lockdowns, IT equipment that is portable and adaptable is going to be vital. A business impact analysis is going to raise key points that you are going to have to account for if you want to still carry out your business as usual during times of need. 

Businesses in commercial sectors that can’t or don’t have the ability to support workers at home may have a hard time adapting to the new norm, as workers globally are expecting a hybrid approach to the working week. More and more businesses are implementing a split approach which leaves any business that can’t adapt in the shadows. 

Understanding what technology your business needs: 

Technology is vital for almost every business that functions well. Without a proper process to measure what your workforce does with that equipment can leave business owners and line managers the information they need to measure performance, especially if your workforce is going to work from home. Certain processes like receiving inbound calls may be important to listen back to if this is a necessity for your business to operate. 

Processes that would normally be dealt with in an office environment have to be re-phrased and re-imagined when your employees are working from home. A business that is looking to adapt to this new format of work-life should begin with equipping its staff with the right tools for the job. Whether this is in the form of laptops or computers that are able to be moved around is up to the business owner. You can also consider phone units or some way of making and receiving phone calls if your business depends on this to function.

If phone calls are an important business process for your company, ask yourself, if incoming and outgoing calls make up the majority of your businesses communication, have you considered how you’re going to ensure business continuity when your employees are working from home? Considering things like Teams Call Recording is going to be essential to stay ahead of the curve.

Maksym Blazhkun and LocalTrade University – a cryptocurrency education tour by a real professional

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Many people give up the idea of investing because of a lack of knowledge, insecurity or even prejudice. But, in fact, investing is profitable, the main thing is to know how much and at what moment. You can learn the basis and effective strategies from professionals who are willing to share their knowledge. One of these professionals is Maksym Blazhkun, who together with LocalTrade University is presenting a new course to improve cryptocurrency investment literacy. Participants will get all the necessary knowledge to work with blockchain and cryptocurrency, plus they will additionally improve their financial literacy.

It is also worth mentioning that LocalTrade did not invite Maksym Blazhkun as a speaker for nothing. This man is not afraid of responsibility and has long established himself in the field of investing and finance. And further on we will take a closer look at Maksym’s merits and also tell you what the LocalTrade University course itself is all about.

Maksym Blazhkun and his path to success – how he became a world-class top manager

Maksym Blazhkyn was born in the Ukrainian city of Khmelnitsky in 1986. After graduating from high school, he studied at an international higher spiritual seminary. But even that was not the end of Maksym’s education – he also received an economic and legal education. This man was always distinguished by a desire to know more, so he worked on himself for many years, learned a lot and was always ready for new things. This approach made Maksym not just a professional, but a top speaker ready to help and share his knowledge with those who want to learn more about finance and management.

Maksym realized his first projects together with his wife Tatiana. The family is not the last place in Blazhkun’s life. Together they went through different periods of life, but still managed to get out of even the most difficult situations. Maksym also has two children – son Raymond and daughter Annamaria. And the caring father has repeatedly proved that he will do anything for the well-being of his loved ones. Maksym has also repeatedly shown himself to be a reliable friend.

By today Maksym has already visited 119 countries. He speaks 8 languages, which not only helps him to conduct business, but also to discover new horizons – to learn about culture, social aspects, and politics wherever he had to stay. This made it possible to create unique projects in the future, which will suit everyone regardless of where they live. People anywhere in the world will be able to improve their level of financial literacy, and learn how to make big money with investments in cryptocurrency and blockchain. Maksym Blazhkun firmly believes that he can not only make history, but also make life better for many people anywhere on the planet.

Everything Maksym Blazhkun did was successful. He made the most of everything he did. This man can be rightly called not only very educated and experienced, but also intelligent. Maksym Blazhkun’s IQ test shows 169 points. Therefore neither his partners, nor his relatives, nor his students ever doubted that his decisions, knowledge and tactics were among the best.

What projects has Maksym Blazhkun been involved in?

Maksym Blazhkun was involved in many projects, in which he invested not only his own money and effort, but also his ideas. Most of them were successful, but Blazhkun is not afraid of failure either. He repeatedly said that even a failure is a reason to move forward. For one failure there should be ten more successful ones – this is what the top manager said in one of his interviews. If we analyze Maksym’s activities, most often he worked in the following areas:

  •     cryptocurrency and blockchain;
  •      finance;
  •     construction;
  •    IT technology.

Maksym Blazhkun also invested in projects related to construction, agriculture, and tourism. It is not just a desire to try everything – it is a desire to share and implement his ideas, to make the most of them. Today, most of Maksym’s projects are related specifically to cryptocurrency and blockchain. He is convinced that in a couple of years – cryptocurrency will become one of the main financial instruments in the market. All of Maksym’s work is aimed at making crypto generally available. Even a network of bankers is being developed, which will make it possible to make transactions anywhere in the world.

Maksym Blazhkun was also accepted into the top management of the cryptocurrency exchange LocalTrade. They jointly develop projects that aim to promote fiat solutions for crypto wallets. Based on all this, Maksym is engaged in consulting on integration of crypto-technologies, development of payment systems and promotion of ideas of active use of cryptocurrency in financial transactions. You can turn to this person for advice on registration, licensing and payment systems.

But apart from that, Blazhkun is sometimes involved in other projects as well. He invests in construction projects, for example. After the development of the business, the top manager simply receives a percentage of the profits. Moreover, Maksym Blazhkun is a world-renowned professional who has proven himself in many projects. Many companies invite him as a top manager and business consultant.

Maksym Blazhkun is also engaged in educational projects. He is ready to share his knowledge, experience and effective business tactics. That is why he has repeatedly participated in various trainings and conferences.

It is also worth telling about other awards and achievements on Maksym’s account:

·        Received a state award in 2012 for his contribution to the country’s economy;

·        He has participated several times in papal audiences;

·        participated in forums with Bodo Schofer and Richard Brandson.

All of the above again emphasizes the success of Maksym Volodymyrovych and how much his contribution to the development of business and finance is valued. Not to mention that this man’s reputation remains impeccable. Blazhkun is trusted by many businessmen around the world.

Now let’s tell more about Maksym Blazhkun’s course and the creation of LocalTrade University platform

The cooperation between LocalTrade and Maksym led to the idea of an educational course on working with crypto-assets. Participants will receive a number of master classes that will allow them to successfully apply their knowledge in the future – to use cryptocurrency in financial transactions, to earn on investments, to be more competent in the issue of payment systems and much more. The course will tell you how to use the tools of the exchange and get the maximum profit. The main goal of the course is to increase participants’ financial literacy and give them more knowledge.

Naturally, one of the key participants in this project will be Maksym Blazhkun. He will act as a development director, as well as coordinating and advising.

You can take part in the tour from November 1, 2021. First it will start in Latin America, in the city of Recife. Then it will take it to cities such as Maceio, Aracaju, El Salvador, Belo Horizonte, Rio de Janeiro, São Paulo, Balnearico Camborio, Colombia, and Mexico. The tour ends in Latin America on December 16, 2021.

But, that’s not all. The course will restart in 2022 in the following countries:

·        Dominican Republic;

·        Ecuador;

·        Bolivia;

·        Peru;

·        Argentina.

Such a wide geography will allow us to give the maximum knowledge to a huge number of people. In the future there will be only more countries where the course will take place. The final part of the project will become LocalTrade University a world-class educational platform, where it will be possible to get knowledge in the field of blockchain, finance, cryptocurrency and investing. The list of topics will be constantly expanding, and the project’s opportunities will become even greater.

What does the LocalTrade University course include?

The course program is designed to attract a large audience. Participants can be beginners, professional traders, or experts in other financial areas. The following materials are already in the public domain for participants:

·        How LocalTrade works – basics, tips for use.

·        Block of articles on blockchain and cryptocurrencies – history, detailed analysis of technologies.

·        Fundamentals of trading – basic knowledge, strategies.

Topics will be supplemented, new blocks will appear. Educational materials are being developed, so participants will get maximum. All analytics, theory and practice will be up-to-date. The acquired knowledge will not become obsolete. Also, in the future the following course improvements are planned:

1.     The interface of the platform will be constantly improved – users will be able to choose tasks and information by level of difficulty. So, training will be more systematic and effective.

2.     A special “invited expert” section will be created. Specialists will be involved, who will be able to share their experience with students.

3.     Development of a special social network for traders. There they will share news, experience and information. The social network will allow thousands of people interested in cryptocurrency and blockchain to contact each other.

LocalTrade University is a global initiative. It is designed to deal with illiteracy in finance and cryptocurrency, and will provide a starting point for many future traders. After the tour in Latin America is completed, the team plans to launch the project in other continents as well.

To sum up, it is worth noting how innovative LocalTrade University is for society. And Maksym Blazhkun’s participation only proves how effective and interesting the course will be for everyone. That’s why our editorial board recommends taking part in a course from LocalTrade on occasion.

How to Send Bitcoin from Coinbase

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The American marketplace Coinbase is one of the largest in the world. Here you can not only earn bitcoin but also store the funds received, as well as play on the courses of other popular cryptocurrencies. The main feature of Coinbase is that it allows you not only to trade cryptocurrencies but also to store money in a virtual electronic wallet with the ability to withdraw and do other operations. It also has its own mobile app.

To see the contents of your wallets for all types of digital currencies supported by the service, you should enter the “Account” section. Then the required crypt is selected and the button “Get Bitcoin (or Litecoin, Ethereum) Address”, located on the right, is clicked. The system will display the generated code in alphanumeric and QR form.

After each transaction, the wallet number may change. Also, the user has the ability to create new cryptocurrency wallets, give them different names, and, if necessary, quickly transfer all the bits from one account to another.

To send a coin to another user, you need to perform the following sequence of actions:

  • enter the “Send / Request” section and select “Send”;
  • enter in the field the address of the recipient (recipient), e-mail address, and code;
  • indicate the amount of currency to be sent;
  • select the desired wallet to send from the proposed list;
  • write a note (if necessary);
  • click on “Send Funds”.

You can also deposit and withdraw fiat on the Coinbase exchange. To do this, you need to create a wallet in your local currency (EUR, USD, or GBP). This option is again only available to customers from selected countries that have been verified. Each country has its own terms and conditions and a set of payment solutions. But in general, Coinbase supports bank transfers (including ACH in the US and SEPA in the EU), credit and debit cards, some payment systems, and PayPal (for withdrawals only).

Coinbase-Wallet allows you to work only with digital currencies, so you can replenish your account from a card only using the services of an exchanger.

In the event that an Internet user earned a certain amount of bitcoins through his project, but does not need cash, he can exchange them for the title units of payment systems. So, how to send bitcoin from Coinbase to electronic accounts?

Based on the reviews on Coinbase, the answer to this question is pretty straightforward. Withdrawing bitcoins can be done through an exchange service. In addition, bitcoins can be directly transferred to an electronic system – provided that it supports them.

Working with electronic money requires a certain amount of caution. Both when withdrawing bitcoins from your wallet in order to convert them into money, and when buying cryptocurrency, you need to follow security measures. Before using the services of exchange services or exchange for the first time, it is recommended to make inquiries and make sure that the service is actually carrying out exchange operations.

How to Withdraw Money from Coinbase

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Coinbase is one of the most popular digital coin resources among traders, which offers the user free, reliable crypto wallets and a functional platform for full-fledged currency trading. Informative official website, quick withdrawals, professional support managers, etc. – all these factors make interaction with the platform comfortable.

Another section of the platform, Coinbase Pro, allows to trade cryptocurrency, i.e., profit from the cryptocurrency spreads.

Here’s a quick guide to how to fund your Coinbase wallet. There is no commission on Coinbase through SEPA, but withdrawals cost € 0.15 and take 1 to 3 business days. From the USA, you can top up your account in dollars through the ACH system free of charge (up to 5 business days) or by regular transfer for $ 10.

The withdrawal will cost $ 25. How to withdraw money from Coinbase to a card directly? Unfortunately, it is impossible to withdraw them to the card (only through exchangers), but you can credit them to your account.

When buying cryptocurrency using a bank card, the commission on Coinbase will be 3.99%, and in the case of buying from a bank account – 1.49%. However, third-party cryptocurrency buying services using the Coinbase API may charge additional fees for transfers to Coinbase.

After the creation of the wallet, the transfer from Coinbase is not available. Transactions can be made only after the funds appear on the account. The system provides several options for how to withdraw money from Coinbase.

Coinbase internal transfer

Transfer between wallets of the system to the email address specified during user registration. To do this, you do not need to select the external address of the crypto wallet.

Transfer within Bitcoin, Litecoin, and Ethereum systems

To do this, you must specify the exact address of the recipient’s wallet.

Exchange for fiat money
The USA, Canada, Australia, EU, and Singapore residents can withdraw bitcoins from their accounts directly to bank cards or through PayPal. In this case, crypto coins will be automatically exchanged for the target currency following the current exchange rate. The commission for withdrawal and exchange differs depending on the type of wallet, country of residence, and currency.

Coinbase Benefits

  • Two-factor security keeps your e-wallet safe. Confirmation via SMS or QR code will not allow attackers to steal funds even if the password is stolen.
  • The speed of transactions within the service is higher, and the commission is not charged or lower.
  • Coinbase wallet has all the features of a standard cryptocurrency wallet and complements them with the exchange for fiat.
  • The presence of mobile applications for iOS and Android allows you to control your account and manage money without being tied to an office or computer.
  • Funds in accounts are insured in case of system hacking and other unforeseen situations.
  • To protect against hacker attacks, Coinbase keeps no more than 2% of users’ funds online. The rest of the coins are in offline storage.
  • The presence of a referral program makes it possible to earn by attracting new users.
  • The site does not conflict with the laws of the countries with which the work is supported.

Coinbase is a convenient platform for working with digital assets. Users have already been able to appreciate a number of its advantages: fast transactions, the information content of the resource, instant technical support assistance, convenient applications, stability, and security of the site. It is worth noting the availability of licenses, which make a cooperation with the exchange more reliable.

5 Qualities of a Reputable SEO Company for Your Law Firm

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With the new technology, people run to the internet for solutions. For instance, if a person faces a legal issue and is looking for a law firm, they will search on google first.

That said, you will fail as a business if clients cannot find your law firm online. Ranking high on search engines is a very competitive goal because every law firm has a website and is competing to appear first on a client’s search results.

For this reason, law firms should hire a digital marketing firm to manage their search engine optimization and web presence to increase their online visibility.

Because there are many lawyer SEO specialists on the market, finding the right one for you can be a daunting task. To help you hire the best, look for an SEO firm that has the following qualities.

What Are the Qualities of a Good SEO Company for Law Firms?

Specialization

SEO is different for every business. You cannot use law firm keywords for a dental website. Therefore, to get the best results for your website, consider working with SEO companies specialized in law firms.

On some occasions, the firm you are working with will be handling SEO for other types of businesses, and this should not put you off. The main goal is to get a company that offers excellent law firm SEO services even if they are into other types of businesses as well.

Experience

Experience is critical in digital marketing. During the first meeting, seek to know how long they have offered SEO services for law firms. A company that has been handling SEO for more than five years will understand the challenges in the field. They will not make teething mistakes with your website.

In addition, consider a company with SEO knowledge for local and international businesses. An experienced company will easily understand and execute your needs for desired results.

Realistic Promises

With millions of websites competing to appear first on google, getting your company on the first page is not easy. A reputable SEO company knows that, and they will not promise to get you there within the first month.

A good company will openly tell you the process will not be cheap, easy, or fast to get top rankings. It might not be what you want to hear now, but it’s the truth.

They Do Not Tie You to Long-Term Contracts

As mentioned above, it will take you some time to see SEO results. However, distance yourself from companies that force you into long-term contracts. You should have the freedom to opt-out if their SEO strategies are not working for you.

For a start, it is advisable to take a short-term contract, like a 90 day trial.

Uses Latest Techniques

The technology and algorithms used are constantly changing, and your SEO strategies and techniques should be too. A reputable company keeps up with SEO changes, studies them, and applies them to their client websites.

With the search engines getting smarter by the day, you need a firm that understands the trends; otherwise, it will be a waste of money. A transparent company will update you in case of these changes and explain the importance of adopting the new techniques.

Choose the Right SEO Company

If you are jumping into the SEO waters, find a provider with the five qualities above. Beware of SEO companies that try to sell themselves as cheap and offering easy results.

SEO results will take some time, and a reputable firm will tag you along the journey until your expectations are met.

Five Tips to Increase Your Chances of Winning a Personal Injury Lawsuit

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When you suspect that another person is responsible for the injuries you sustain in an accident, consult a personal injury lawyer. A competent personal injury lawyer will do everything to maximize the potential of your case’s final compensation. The lawyer will help you develop the best strategy to get the best settlement for your injuries.

How Do You Increase Your Chances of Winning?

An excellent personal injury lawyer ensures that the insurance company will not use underhanded techniques to calculate a personal injury settlement. Receiving good compensation helps cover your medical bills and lawyer fees, among other expenses.

Personal injury lawyers work on a contingency fee basis and, as such, do everything possible to ensure you win the case. Assuming you were injured in an accident, here are some tips you can use to increase your chances of winning the subsequent personal injury lawsuit:

1. Immediately Report to Your Insurance Company

You may think that you do not need to report to your insurance company since you are the accident victim. However, insurance companies require policyholders to report accidents as soon as possible, for help see this website. Insurance companies investigate circumstances surrounding the accident to determine who is at fault.

Immediately reporting to the insurance company enables them to investigate in advance and get the settlement discussions into motion.

2. Preserve All the Evidence

The accident scene is chaotic, and a lot of evidence gets lost while reducing the chaos. The jury will decide your case by reviewing the available evidence. Preserve evidence and present it to your attorney to increase your chances of winning the case.

Evidence such as medical records, police reports and photographs of the accident scene can also help your lawyer determine the details of your case. After reviewing details surrounding the case, they will present the best defense for your version of events.

3. Research the Insurance Coverage of the Liable Party

The liable party in the accident pays for your claim through their insurance company. Depending on their insurance policy, the responsible party’s insurance company will cover the medical expenses and other fees from the accident. Find out their insurance coverage because some individuals do not have car and personal protection insurance, although the law requires motor vehicle owners to have this type of policy.

The potential implications that result when the liable party does not own or have inactive insurance will determine the strength of your case in a big way.

4. Communicate with the Insurance Company Through Your Attorney

Insurance companies will do anything possible to ensure you receive a lower settlement amount than what you legally deserve. They are clever and may trick you into settling with them in person. Worse still, the emotional and physical injuries from the accident may negatively influence your judgment, and you then end up accepting a lower offer.

Make it clear to the insurance company that they should handle all communications through your attorney. Your lawyer has the legal knowledge and experience to communicate with the insurance company effectively. The personal injury lawyer can identify and deal with situations when the insurance plays underhanded tricks on you.

5. Be Patient, Do Not Cash in Too Early

Insurance companies and their lawyers understand that accident victims are low on cash and take advantage of these situations to provide a lower settlement amount. Depending on the personal injury case, the defendants may approach you with offers to settle the case. Consult with your lawyer, who will advise you on the worth of these offers.

After realizing the value of your claims, hold out to receive a better offer as part of your settlement.

Follow These Tips to Win Your Claim

The personal injury settlement process may be both financially and emotionally draining to the victim. Following the above steps will maximize the strength of your case and ensure you get the settlement you deserve.

Cheap Vintage Ralph Lauren Clothing Parts

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The polo giant of the clothing world, Ralph Lauren is a pretty successful company. But it’s safe to say that the brand puts a huge price tag on its clothing line.

Uncovering a vintage Ralph Lauren polo might cost you a fortune to acquire. Since vintage clothing pieces don’t seem to depreciate, we figured what better way to buy vintage Ralph Lauren than to tell you where to do it.

So, let’s go ahead and do that.

How Not To Spend A  Fortune On Ralph Lauren

Even though the company is best known for polo shirts, there was once a time when Ralph Lauren was the go-to place to buy military jackets and vintage items. By items, we don’t mean clothes, we mean actual vintage items like money clips, cigar cutters, and more.

But that didn’t define the brand. While Ralph Lauren is a big name in the clothing industry, buying vintage clothes from them means spending hundreds of dollars.

What if we told you that there is a cheaper way to do it? Since vintage is now in fashion, spending hundreds of dollars on vintage polo shirts might seem like an unnecessary thing to do. And unnecessary it is, as you can buy vintage Ralph Lauren clothing parts on the cheap.

Where To Buy Cheap Ralph Lauren?

A mystery to some, a dream to others, owning a vintage Ralph Lauren piece has never been more affordable. As we move towards the age of globalization, we can find retailers that sell vintage clothes for nowhere near as much as you would if you go to a Ralph Lauren store. As such, we thought we’d do you a big favor and tell you where to do it.

Shopping for vintage clothing pieces has never been easier than now. So if you really are interested in that, here is where you can buy vintage Ralph Lauren clothing pieces.

Why Vintage?

With all that said, it begs the question as to why exactly people want to buy vintage clothes. Is it because it reminds them of an age long gone? Or is it because it screams style? Since vintage is indeed back in style, showing people ways to buy old clothing pieces from their favorite fashion brands for an affordable price seems like the way to go.

And you can do that as well. Regardless of whether you’re interested in polo tops, shorts, military jackets, sweatpants, or other vintage clothing pieces, going on the internet gives you the best chance to find retailers that sell for an affordable price.

No one wants to spend a fortune on something old, especially clothes. While other items don’t depreciate, clothes do. But that’s not always the case with big brand names like Ralph Lauren.

While the natural thing to do is to go on eBay and see what people look to offload, retailers also stock up on vintage clothing pieces and sell for an affordable price. Do a bit of poking around and you’ll find what you’re looking for.

Even buying second-hand beats paying the huge prices by official stores. But if you don’t like doing that, you can always buy new from an online store or a retailer. All you have to do is a bit of digging. But since nothing is free, the effort will be well worth it in the end.

Steps to improve customer loyalty

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There are various leading brands as well as hungry startups willing to attract your customers by providing them with what they require in today’s competitive digital landscape. Offering an amazing customer experience is a crucial distinction that can help organizations gain customers. Customer loyalty is when customers regularly choose one company’s products over competing brands. Customers loyal to a particular brand will not be persuaded by price or availability of similar products from competitors, preferring to pay more or wait for their preferred brand. As a result, in order to survive and thrive in the market, brands must increase client loyalty.

Most marketers have difficulty with loyalty because they view it as a quantity rather than a quality. They analyze elements like buying behavior and customer retention when calculating loyalty. It’s crucial to note that brand loyalty is based not just on customers who stick with a brand and shop with it, but also on customers who refer to a brand and engage with it in a seamless manner. Loyalty programs are without a doubt one of the most popular ways for businesses to create ties with their customers. Customers’ loyalty, on the other hand, is constantly shifting as they evolve. As a result, businesses require a more understanding solution that may increase client loyalty.

Improving Customer Loyalty

Think ahead

While loyalty programs can assist in identifying customers through enrollment, generating extensive customer insights, and reinforcing retention, they aren’t adequate in and of themselves to win customers. Customers demand value from brands in today’s competitive marketing environment. Customers are willing to abandon brands that do not provide emotionally rewarding experiences as they seek emotional fulfilment. Rather than focusing on transactional loyalty or client retention, organizations should focus on making customers feel valued, appreciated, and happy!

Utilize Technology and Research

For a comprehensive understanding of consumers and their motives, the groundwork necessary for customer loyalty campaigns is built on existing customer data as well as loyalty-specific data. Customer information can be obtained from a variety of sources, including the point of sale, social media platforms, site analytics, loyalty networks, and so on. You can utilize various survey software to implement surveys and gather data. Marketers must ensure that current marketing tech stacks are coupled with the correct set of loyalty-related technologies and tools in order to deliver consistent experiences across both loyalty and non-loyalty-based touchpoints.

Listen to your customers

Brands must establish a criterion that prioritizes concerns of greater relevance (which affect customers’ loyalty behavior) and excludes issues of lesser importance (which do not affect customers’ loyalty behavior) when establishing the indicators of salient issues.

Obtaining feedback from customers through quantitative and qualitative surveys is an excellent approach to learn about their experiences and behaviors. Gather feedback from as many channels as possible using omnichannel survey software.However, marketers must employ certain clues to fully comprehend certain experiences. Metrics like problem longevity and issue polarization can assist uncover salience indicators in this situation.

Understand the behavioral and emotional aspects

Customer value, conversion rates, and interactions connected to web activity and advocacy can all be gauged using behavioral loyalty metrics, which play a vital role in identifying loyal actions. Repurchase rates may be used to determine pure retention, customer lifetime value (CLV) can be used to identify the customer’s perspective worth, earn & burn ratio can be used to assess the health of a program, interaction metrics can be used to determine customers’ non purchase behavior, and so on. By assessing sentiments, intents, perceptions, and variables behind customer experience quality, emotional loyalty metrics play a critical role in determining loyal feelings. This can be done efficiently by using market research tools.

A collaborative effort from several departments, including marketing and customer care, is required to successfully foster consumer loyalty. The loyalty strategy of a company should be based on consumer insights and connected with the company’s business objectives.

Reasons Behind Average UK House Prices Rise With Each Year

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According to the Office for National Statistics, the average price of property has increased by a whopping 10.6 per cent from August 2020 to August 2021. The average price of houses in the UK have risen by £25,000 in one year as per the official figures, making the average price somewhere around £264,000 in August 2021. If you’ve been thinking about opting for a free property valuation, now might be a good time to get it done – after all, the average price of property in the UK has reached its record high!

How much have average house prices increased in different parts of the UK?

In Scotland, the average price of property surged – in just one year, the average price of property increased by a whopping 16.9 per cent. As of now, the average price of houses in Scotland is at a record high of £181,000. In England, the average house price has increased by 9.8 per cent, in Wales by 12.5 per cent and in Northern Ireland, it has increased by 9 per cent. In North East England, the annual price growth has been the highest, with a 13.3 per cent rise. The average price of property in London has also hit a new high by averaging £526,000, which is supposed to be the highest recorded price according to the Office for National Statistics.  

Why is the average house price in the UK increasing so dramatically?

There are multiple reasons for this drastic increase in house prices in the UK. For one, the introduction of the stamp duty holiday gave potential buyers and homeowners a big tax break which was the biggest incentive. Secondly, the multiple lockdowns and the concept of work from home lead to the race for space. Lastly, the increased number of high loan to value mortgages allowed for an increase in borrowing. Let’s discuss these three factors in detail to get a better understanding of the price rise.  

1 The introduction of the stamp duty holiday

The stamp duty holiday was introduced in the UK in order to overcome the slump in the estate market. Due to the uncertainty around Covid-19, most buyers and sellers were sceptical which led to a massive slump in real estate activity. To overcome that, the UK government announced a temporary suspension of the stamp duty tax in July 2020. Upon seeing the success of the stamp duty holiday, the UK government extended the stamp duty holiday till September 2021. The recent rise in property prices is essentially due to the approaching deadline. In order to make the most of the stamp duty holiday and get a tax break, many potential buyers decided to take the plunge and decided to enter the real estate market.

2 The race for space

Due to multiple lockdowns in the UK, people got tired of staying indoors. Since they were forced to stay inside their homes, they chose to upgrade their homes by moving into bigger and better homes. For instance, a homeowner who was living in a two-bedroom apartment in the city centre decided it would be cheaper and better to move into a three-bedroom house in the suburbs. Since people were no longer going to their office, they did not have to worry about their commute which was another influential factor in this race for space. Instead of looking for homes in the city centre, potential buyers and homeowners were actually choosing to move into the boroughs and suburbs to move into bigger spaces. The number one demand during this time was outdoor space and home offices. As the demand for space increased, so did the average price.

3 The availability of high loan to value mortgages

During the pandemic, it was almost impossible to find low deposit mortgages. In fact, banks and lenders actually increased their criteria and very few individuals were able to secure a mortgage. To combat this, the UK government came up with a mortgage guarantee scheme. Under this scheme, potential buyers could take out a mortgage by paying just 5 per cent of the deposit. Due to the mortgage guarantee scheme, an individual’s borrowing increased tremendously. Now, instead of putting down a 20 per cent deposit for a home that costs £200,000, potential buyers could put down a 5 per cent deposit for a bigger property. The increased availability of high loan to value mortgages coupled with the race for space certainly played its role in increasing the average price of property in the UK.

And lastly, with a limited supply of new properties on the market, the drastic difference between demand and supply is further supporting the price rise. As people started looking to move into bigger homes, the demand continued to rise while the supply remained somewhat constant. As the basic theory of economics goes, if the demand increases without any change in supply, the price will rise. And that is exactly what happened.

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Cryptocurrencies were first established in 2008, but in terms of investment returns, they have already exceeded any other financial asset. Bitcoin was the first cryptocurrency, and it remains the most widely used and influential today.

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Bitcoin is a cryptocurrency that also functions as a forum and network for other blockchain projects and decentralized apps. Simply put, if Bitcoin represents the future currency, Bitcoin represents the future internet. Remember that Bitcoin is the brains behind popular crypto coins like BAT, NEXO, and DENT, all of which have millions of users.

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Here’s What You Don’t Know About Profit Revolution

There Is A Demo Version Available

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Profit Revolution may be used to trade on a variety of trading platforms. Choose one or more brokers from our list of authorized and trustworthy brokerage firms, and trade as many crypto currencies and tokens as you like using the greatest crypto trading tools available.

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  • bitcoinBitcoin (BTC) $ 96,550.00 0.32%
  • ethereumEthereum (ETH) $ 1,836.22 0.11%
  • tetherTether (USDT) $ 1.00 0.01%
  • xrpXRP (XRP) $ 2.21 0.37%
  • bnbBNB (BNB) $ 600.02 0.12%
  • solanaSolana (SOL) $ 147.87 1.39%
  • usd-coinUSDC (USDC) $ 0.999921 0.01%
  • cardanoCardano (ADA) $ 0.700087 1.46%
  • tronTRON (TRX) $ 0.249545 1.94%
  • staked-etherLido Staked Ether (STETH) $ 1,834.99 0.12%
  • avalanche-2Avalanche (AVAX) $ 21.15 2.8%
  • the-open-networkToncoin (TON) $ 3.19 1.13%
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