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Stock Market: Investing and Trading

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When it comes to creating wealth, investing and trading are the most frequently encountered terminologies in the financial market. Investing and trading in stock is one of the best ways to make money or let your money multiple while you are busy with life. By trading in stocks, you allow your money to work for you. When trading and investing in stock, it is advisable to use a stocks broker. Stockbrokers understand the market quite well, and they are in a position to offer the best advice when it comes to buying and selling stocks. Considering the emergence of online trading, there is a decreased involvement and need of brokers. Investing and trading in stocks can be overly rewarding, especially when the right decisions are made. Below are factors to consider when trading and investing in stocks.

  • Expected returns- mainly determined by the duration
  • Liquidity-how quickly can the stocks be converted into money through sale or maturity of the investment
  • Market volatility
  • Risk -Return analysis

People tend to use the terms investing and trading interchangeably in the stock market, but in the real sense, the two terms are different. Below are some of the major differences between investing and trading in the stock market.

Period

This is the duration which the trader or investor holds on to their stocks. In trading, the trader holds the stocks for a short time. The time could range from a week to a day or, more often, some hours. Market fluctuations heavily influence trading. On the other hand, investing revolves around the principle of buy and hold. The duration is long and could range from months to years. The best thing about investing is that the short-term market fluctuations are insignificant.

Skill vs. Art

Trading and investing involve different dynamics. Traders tend to be technical and skilled people who have learned the skill of timing the market. They know all the market trends allowing them to hit high profits over a short time. Traders also have a good understanding of market psychology. On the other hand, investors can analyze the stocks they intend to invest in. the investor has to learn the fundamentals of the business.

Risk

Indisputably both investing and trading impose risk on your capital investment, but the level of risk is considerably different. Trading has more risks than investing but has a higher return on investments since the prices can go higher or lower within a short period. Visit VectorVest to know how are stock options taxed and to see strategies in investing. On the other hand, investing imposes relatively low risk and returns in the short run. The returns are gained by investing in stocks are based on compounding interest and dividends, which are subject to time. In conclusion, traders buy and sell stocks quickly, enabling them to gain significant profit margins. Any mistake resulting in wrong timing could cause a tremendous loss. Traders are mainly interested in the current performance of the companies. On the other hand, investors invest in stocks based on the future value of the company. The investor has to be patient to allow the stock to reach its maximum potential.

10 ways to spot rogue cash buyers

Many people like to sell your house to a cash house buyer to save them the time and uncertainty that is involved in house selling and to know exactly how much they have from the sale to use for their next house.  Unfortunately, the industry has gained a bad reputation because of rogue cash buyers, but many companies, like us, are fully licensed and reputable. We are keen to help you know 10 ways to spot rogue cash buyers.

1. Does the company claim it will pay 100% the properties market value?

You can spot many rogue cash buyers because they make this claim in their advertising but it is simply not possible and it is best that you walk away! Another common ploy is to state that they will sell your property to investors for 90% of its market value and again, it is best to walk.

2. Has your house been valued quickly?

We buy any house property specialists Housebuyers4u recommend getting a property valuation done and reading ALL small print before signing on with a cash buying company.

A rogue cash buyer will spend little time at your property and ask for little information as they will be pressurising you into signing the evaluation form to accept both a lower price and hidden fees. It is crucial that you read all small print before you sign anything.

3. Will the value for the deal change?

Unfortunately, rogue cash buyers will suddenly drop their cash offer to well below the market value at the last minute. They know full well that you need to complete the sale because you urgently need the cash or are in danger of your property being repossessed or other important reason. They are banking on the fact that you will not have time to contact another cash buyer and start again or that because you signed an Option Contract you are unable to.  

4. Have you been charged any upfront fees?

You can spot a rogue cash buyer if they ask for cash up front to cover such expenses as valuation fees or survey fees. They may well ask for money towards legal fees further down the line.

5. Is an RICS Surveyor being used?

Rogue cash buyers often use surveyors from other companies and can pass on the charge to you the seller.

6. Are they wanting to lock you into an Option Contract?

Studies have shown many cash buyers are not genuine cash buyers as they do not have the funds to buy your property. They are keen to lock you into an Option Contract because it means that you cannot sell your property to anyone else and it gives them time to secure a buyer for your house. 

7. Do you have problems communicating with them?

Rogue cash buying companies are often small are often hard to communicate with once you have signed their paperwork – especially if they know they cannot keep their one week promise to ‘seal the deal’. They use delay and stall tactics to hold up the process by weeks as this gives them time to find a buyer.

8. Have you been offered an unrealistic delivery date?

Rogue cash buyers will often tell their clients that they will be able to complete the house buying process and deliver their cash in just ONE WEEK. This is simply impossible – even if they did have the funds in their company account, which is unlikely.

9. Have you chosen a reputable cash house buyer?

Many rogue cash buyers are small ‘one man bands’  in an industry that is not regulated.  They often do not have the funds to buy a property outright but will sell the property quickly to get the money to pay you which is why sometimes they suddenly drop the amount you first agreed. It is best to check that they have a Company Registration Number and that they can provide you with proof of their cash funds.

10. How can you verify your chosen cash house buyer?

If you would like to verify your chosen company, your local office of title deeds will be allow you to make a search using the buyer or company’s name and this will soon show up their recent and current buying activity.

Checking their website for customer feedback is also useful – although some scammers use fake testimonials.

We hope our list has provided you with the right information so you’re able to make the correct decision if you opt for selling your home with a house buying company!

Changing the Gaming Industry with Blockchain

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Every day, new applications of blockchain technology are being discovered around the world. However, people associate blockchain with bitcoin and financial items. Nevertheless, this technology is applied in various fields, including the world of gaming.

Here’s how the world is changing the gaming industry with blockchain.

Blockchain and Gaming

The video gaming industry is one of the most promising industries that is beginning to use blockchain technology. In fact, this technology is currently being actively pushed into the video game sector, which is worth over $ 170 billion. By comparison, the sector was only valued at $ 100 billion in 2018 and had 2.2 billion consumers.

Dominic Andreasson, an expert in the gaming and blockchain industry, brings his wealth of experience into writing. You can view his profile to find out more.

Players in Sweden are beginning to embrace blockchain technology in games. This is no shocker since the region has several fascinating gaming initiatives that use crypto and blockchain technology. Also, casino online svenska and other gaming platforms in Sweden accept bitcoin for payment.

The benefits and drawbacks of blockchain technology in games

Blockchain, like every other innovation, has advantages and disadvantages. In fact, society boasts of two unique divides: one that is ecstatic about the arrival of this technology, and another that is suspicious. Blockchain technology, on the other hand, has more benefits than drawbacks.

Owing to its pros, many video game producers are constantly researching and incorporating technology into their creations. Many people are keen on learning more about how blockchain can be used in gaming. The innovation can benefit both users and developers in a variety of ways.

The issue of fake and hacked accounts, for example, can be solved with blockchain. This motivates gamers, developers, and even gaming companies to produce cutting-edge technology for the gaming business. Gaming has already entered a new era. The following are the primary advantages of blockchain for the video game industry.

Reliability and safety

The blockchain’s security and reliability reduce the frequency of fraudulent instances. Because the data on the blockchain cannot be changed, the number of thefts of valuable game products and accounts can be reduced. Furthermore, the blockchain’s transparency minimizes the chance of fraudulent gaming schemes.

Microtransactions

Microtransactions that are quick, light, and inexpensive are advantageous, especially for developers. The industry is shifting as a result of new approaches to monetize developer effort. Blockchain technology is independent, which means it is free of central authorities and ensures transaction transparency.

There are also no illegal blockchain markets; all that exists is adherence to the regulations that allow for secure interactions to thrive. Traditional centralized networks’ microtransactions are less dependable than those on the blockchain network.

Fees are low

Surprisingly, the blockchain has low fees for its transactions. This has a favorable impact on the economy of in-game operations since it allows gamers to save money on goods and services. Furthermore, because the blockchain is a self-contained, decentralized system, no middlemen or central governing entities are required.

It is now easy to own “real” virtual items thanks to blockchain technology

The virtual products industry is rife with fraud. Due to a distrust in the market, isolated, centralized trading platforms have emerged, which frequently charge exorbitant fees when transferring assets. Furthermore, a sudden closure of the gaming platform could result in the loss of gaming assets.

On the other hand, the video game industry never stands still; new blockchain-based solutions to these issues emerge regularly. Wax and Enjin Coin are some current projects that are revolutionizing virtual goods ownership today.

Gaming sites use blockchain technology to process payments

Micropayments can be delivered directly from players to the game creator using the bitcoin payment system, eliminating intermediaries in transactions. There is no more a need for a middleman thanks to blockchain.

The benefits of blockchain are sufficient to persuade the gaming industry to adopt it. Video games can also be distributed using blockchain. Game makers can immediately upload video game data through the decentralized marketplace and publish products to a centralized marketplace such as the iOS App Store.

Once again, a centralized middleman and exorbitant fees are avoided. GameCredits is a payment system that does exactly that.

Conclusion

Every gamer loves the ease of payments and play; hence you should take advantage of blockchain gaming in the nearest future.

How to Fix WordPress Mixed Content SSL Warnings?

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If you are a website owner, securing your user’s sensitive data becomes your prime responsibility. You can ensure this by providing your website with the highest degree of security by installing an SSL Certificate. However, care should be taken while installing SSL certificates, and holistic measures should be taken to implement them properly.

You must ensure that all the content, scripts, and URLs load over HTTPS and not HTTP, else you will be prompted with WordPress Mixed Content Warnings, and Google will inform visitors that the web pages are “not secure.” This may bring down the user experience of your website, increase the bounce rate, thereby negatively affecting the SEO of the website.

So, let us dive deep into the basics of mixed content errors in WordPress and see how or what causes them and find solutions to correct them.

What Is an SSL Certificate and Why Are they Crucial for Your WordPress Sites?

SSL Certificate is a digital certificate issued to the websites by a Certificate Authority(CA) that changes the protocol of the websites from unsecured HTTP to secured HTTPS.

After installing an SSL Certificate on the server, any communication between the user’s web browser and the webserver happens over a secured encrypted path, making all the user’s data unreadable and protected from any potential cyber threats like Man-in-the-middle attacks.

The SSL Certificate introduces a visual symbol of trust, a padlock before the URL of the website, which raises the trust quotient of the users and authenticates the website and gives it a better Google search engine result page ranking and thus helps to increase conversions.

Types of SSL certificates For Your WordPress Websites

SSL Certificates can be understood mainly based on two factors, the type of validation required and the basis of the number of domains and subdomains needed to be secured.

The three main types of SSL Certificate based on validation:

  • Domain Validation (DV): A DV SSL Certificate involves simple verification proving ownership of the domain before issuing SSL protection to it by the CA.
  • Organization Validation (OV): An OV SSL Certificate verifies ownership of the domain and carries out authentication verification of the organization to which the certificate is to be issued.
  • Extended Validation (EV): An EV SSL Certificate offers the strictest level of customer trust and reputation, as an extensive background check, legal status, address, etc., is carried out.

After deciding the validation type, choose between securing your website with a Standard SSL Certificate with single root domain protection. Or a wildcard SSL Certificate which also secures all the subdomains, one step below the root domain with just one certificate, or a Multi Domain SSL Certificate which offers the ease of securing multiple domains and subdomains at the same time.

Understanding WordPress Mixed Content Warnings

After choosing from an array of choices available, a padlock is placed before the URL of your website. However, if your SSL Certificate has configuration issues, then an info sign or a broken padlock is seen in the address bar.

This indicates a mixed content warning which will show up in your visitor’s browser. A mixed content warning shows that even if your website runs on an SSL Certificate, it still loads some scripts from HTTP URLs.

There can be many reasons for getting mixed content warnings in WordPress, ranging from HTTP links hardcoded into the codes( CSS and JS files) of themes to WordPress plugins by developers.

Also, it may result from having links to external content in your CSS and JS files, whose resources may not be HTTPS enabled. Another most common cause that results in a mixed content error in WordPress is the hotlink images uploaded on the page, which are those images that have hard-coded links to resources that are not using HTTPS.

Recognizing and Locating WordPress Mixed Content Errors

You can recognize mixed content errors on your WordPress website and locate each resource loading over HTTP by using the Inspect tool.

In addition, you can check for them manually from Chrome Dev Tools. First, open your site in Google Chrome by right-clicking on the page where the mixed content error is prompted and select ‘Inspect.’ Under the Console Tab, a list of details of all the mixed content items that the browser has recognized as insecure will be displayed as a warning.

 If there are just one or two mixed content items that need to be rectified, you can fix it manually by going to that page or posting and editing it.

However, if the list of mixed content errors is long, and manual fixes are not possible, then; in that case, there are many WordPress tools or plug-ins available, like ‘SSL Check,’ ‘Why No Padlock’ that can be used to recognize the resources causing mixed content warnings.

Ways to Fix Mixed Content Warnings in WordPress

So, the mixed content warnings can be further resolved by following these processes:

Check Validity of Your SSL Certificate

Always keep your SSL Certificate validity updated and keep track of its expiry time as the SSL Certificate expiry can be one of the reasons for the WP mixed content warnings.

Change the WordPress internal URL from HTTP to HTTPS

Check proper integration of SSL Certificatefor HTTPS encryption and change your internal URLs from HTTP to HTTPS in WordPress.

  • Log in to your dashboard and go to Settings > General:
  • In the text boxes next to WordPress Address and Site Address, replace HTTP with HTTPS:
  • Click on the Save Changes button. Now, every URL of your WordPress site should beloaded over HTTPS.

Using SSL Insecure Content Fixer Plugin

Install and activate the SSL Insecure Content Fixer plugin on your WordPress website.

Go to Settings » SSL Insecure Content page for configuring the plugin Settings.

Here, many configuration options are available, providing a different level of fixes to resolve the mixed content warnings. Choose the option that resolves your issues the best.

In conclusion, we can say that securing your WordPress website with SSL Certificate to protect your visitor’s vital personal and financial information against any data breach should be your topmost priority.

Win your visitor’s trust with the visual symbol, a padlock announcing loudly about the safety measures you have taken to protect user’s data with SSL Certificate security.

However, this trust should not be lost by having WordPress mixed-content SSL warnings and Google announcing your website as ‘not secure.’ You must work to fix the mixed content error with the processes discussed above and be ready to reap the benefit of your visitor’s trust and grow your conversions multi-folds.

Thinking About a Home Renovation? Here are 5 Reasons Why You Should

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Are you considering embarking upon a home renovation project? There are several factors to weigh and a bit of planning in order but, all in all, spending money on a facelift for your home is almost always a good idea. Read on to learn the top five reasons why you should get the ball rolling on those home renovations you’ve always wanted today.

Reasons to Invest in a Home Renovation

Renovating a house can be a challenge – but the results are always worth the effort (more on that shortly). If you haven’t gotten started because you are concerned about where you’ll store your vehicle whilst your garage and drive are filled with builders, their supplies, and maybe even a skip, worry not! Companies like Stashbee allow you to rent flexible short-term parking spaces right near your residence for as long as you need. So, if things take longer than expected – parking is one less thing to stress over.

Now that’s all sorted, let’s dive into the top five benefits of home renovations!

  •  Home renovations boost your ROI

Your home is your sanctuary, but it is also one of the most significant investments you will make in your lifetime. A few smart (and cost-effective) home renovations can boost your ROI (or return on investment) in spades. Meaning, once it’s time to sell your property, you can actually walk away with a hefty profit. Remember, preparing for home improvements takes a bit of planning, but it can be a smooth process when you have your ducks in a row.

  • Going green can save you some dough

Eco-homes are a major trend in the UK with no signs of slowing down. In fact, a recent study found that the construction industry is forecasting a 60% jump in the number of green schemes in the next three years alone. Eco-friendly renovations not only benefit our planet, but they also have a positive effect on your wallet. Swapping out old appliances for more energy-efficient models, installing solar panels, and opting for low-flow toilets are all examples of earth-friendly renovations that will pay off BIG TIME in the long run.

  •  By now, you know what your home is missing

After spending loads of time at home, we are all well aware of what our spaces are lacking. Whether you’ve noticed that you need more space for your growing family, a more welcoming garden for entertaining guests, or even a separate home office space, now is the time to finally meet those needs. Even if your home is in good condition, you may want to opt for a completely different style of kitchen cabinets, wall treatments, or lighting – and that’s okay! After all, you’ve had plenty of time to ruminate over what frustrates you about your current living situation and now is the perfect time to switch it up.

  •  You can establish a more cohesive work from home space

Working from home is increasingly becoming the norm. In 2020, home working more than doubled in the UK alone, and many workers want to keep it that way. The most frequently reported benefits of working from home are a non-existent commute, more flexibility, and increased productivity. Set yourself up for success by creating a home work haven that puts you in the zone. Investing in a remodel or addition that makes your office feel separate from your personal life is an invaluable step toward creating a sustainable work-life balance for years to come.

  •  It gives you a fresh start

We could all use a fresh start right about now. As we begin to once again welcome friends and family into our homes for celebrations, milestones, and holidays, wouldn’t it be nice to greet them with a fresh, new space? Now marks the end of lockdowns, isolation, and the strain of the COVID-19 pandemic for many of us. Home renovations can help you set an intention for a new chapter in your life, whether for practical or emotionally fulfilling reasons.

So, have we convinced you to pull the trigger on your dream home renovations? Go on then, sort out where you’ll store your things (like your vehicle, boxes, etc.), call a reputable local builder, and get ready to renovate! You’ll be amazed at how a few well-planned home changes can alter your outlook.

Gap Trading: Are Potential Profits Worth All the Risks?

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What do you know about gap trading? Did you practice it? What were the results?

Most novice and even advanced traders treat this technique with a certain degree of doubt and tentativeness. The point is that it is hard to predict when such a gap will close. So, many traders do not want to put their money at risk. Besides, among experts publishing their materials on open sources, there is also no single opinion on whether gap trading is worth trying or not.

That is why the team of one of the most influential informational platforms for brokers ― Traders Union ― decided to conduct deep research ― “Gap trading. Should I trade?” ―  to find out how profitable this strategy is. The priority of this media is to educate both novice and experienced traders, help them maximize their profits, and avoid any losses or hidden pitfalls. For that, they regularly perform expert studies involving a huge number of top traders of different ages and genders from all corners of the world (for the sake of objectivity). So, they concluded that such a disputable issue as gap trading requires extra research and clarification.

Hence, they involved 2200 traders collaborating with the brokers from their top list and asked them a series of questions about the use of this technique.

However, let us start with the basic knowledge about this trading method so that you fully understand what we will be talking about.

The Essence of Gap Trading

In short, this method implies taking advantage of the differences between rates at which time frames are closed and opened.

In most cases, such gaps appear on the weekends. The point is that the Forex market does not work on Saturday and Sunday, which leads to the accumulation of orders. Then, when the market opens at midnight on Monday, all those orders are performed at once. If there is an excess of orders waiting in line, that causes a significant gap between prices. And, as there is no sufficient demand/supply, traders have no other choice than to open positions at the current prices. However, such a gap may also occur due to varied big news. For example, prices of assets may change dramatically after significant events in the macroeconomics sphere, like collapses in fuel prices, political crises, natural catastrophes, etc.

Certain players in the Forex market manage to react to such events more quickly and take advantage of the available price difference. Still, there are many traders (especially beginners) who doubt whether that is worth the risk as it is well-known that such situations tend to be short-term. Namely, according to the research by Traders Union, around 70% of gaps close rather quickly.

Which Gaps Can a Trader Take Advantage Of?

Specialists name the following types:

  • Common. They are characteristic of the slack periods on the market when there is little demand for certain tools or assets. In such conditions, any order can cause a gap. However, most traders do not show much interest in them.
  • Breakaway. Such gaps are not so frequent. They appear when the price finishes a certain movement and often warn about the upcoming dramatic rate changes. They usually attract much attention on the part of traders and provoke raises in sales volumes. As the rule, they do not close completely.
  • Measuring. In most cases, they are detected in the mid-period of the market trend and show that this trend is going to continue. So, one can monitor such gaps to predict future changes in the market.
  • Exhaustion. They occur at the end of the trend so traders treat them as a signal that it is time to open the opposite positions. Obviously, exhaustion gaps appear after measuring and breakaway ones.

Should You Try Gap Trading?

 So, after you studied the essentials of this method, you are likely to wait for expert advice on its riskiness and profitability. And the team of Traders Union has collected the objective data about it. They have found out whether the successful traders taking part in the study make use of such gaps and how much income that brings to them. Want to learn the latest data on the issue? Then, go to their research article.

Operating a Full Taxi Service as We Emerge From Lockdown

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Lockdowns in the UK have become something of a way of life for many. What would have once been thought to have been completely strange has become commonplace. Whether you are talking about wearing face coverings in public places, maintaining gaps of two metres while shopping or not being able to visit friends and family in groups of no more than six, it can all seem a little normal nowadays and not alien at all. However, as we emerge from lockdown and the social distancing rules become less stringent, we all need to take some degree of caution. This is certainly the case when getting out and about which is why a full taxi service should mean taking the right steps to ensure everyone’s safety.

Advance Bookings

To begin with, booking a taxi will be best completed online or over the phone. There shouldn’t be the need to turn up at a taxi firm’s office and wait for a driver to become available in the waiting room. All this requires is a little forethought on the customer’s part, after all. Professionally run taxi firms must play their part, too, however. This means adequately manned phones and a reliable web or app-based booking service.

Car Cleanliness

Booking in advance also means better planning on the part of drivers and their coordinators. Cleaning the interiors of taxis is a big part of professionalism in the industry. Few self-respecting cabbies want to drive around in cars with dirty upholstery, of course. However, in the post-lockdown world, customers will be right to expect immaculate taxi interiors. Wiping down surfaces and frequent vacuum cleaning should allay any residual fears customers might have, something that should be done between fares wherever possible which is why pre-booked services are so beneficial. Bear in mind, too, that clean cars is something that marks taxi firms out from most bus and train service providers where such frequent and thorough cleaning is much less viable.

Preventing Airborne Transmission

Expecting drivers to use face coverings is also something taxi firms ought to promote. Crucially, this should be the case even if the law allows for more relaxation. This is as much about self-protection as it is making customers feel more confident about booking taxi services once more. However, wearing a face mask is only one way to combat disease transmission. Aeration is the other. Therefore, wherever it is practical to do so, drivers should be encouraged to drive with their windows open. This does not mean they have to be fully wound down, especially in inclement weather conditions, but to ventilate the car enough to lower any potential transmissibility of the virus.

Hand Sanitisation

Although we know now that it is the airborne transmission of coronavirus that makes it so problematic, hand cleanliness is also a strong countermeasure that will help to prevent it from spreading. Therefore, anti-viral hand sanitisers should be made freely available to passengers. Both customers and drivers should use them routinely, especially when cash has been exchanged. In the main, however, contactless forms of payment will continue to be the preferred method for some time to come. With all these measures in place, it should be possible to operate a full taxi service in a way the public can trust regardless of where the country happens to be on its roadmap to recovery.

Heath Ritenour on Changes in the Insurance Industry

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It’s rare to find a business that wasn’t affected by the COVID-19 pandemic and the subsequent economic shutdown. The insurance industry certainly saw some immediate and long-term changes. Auto policyholders filed fewer claims because they were driving less. Policyholders for multiple lines were (and continue to be) concerned that they wouldn’t be able to afford their insurance premiums. Simultaneously, these new concerns bred innovation, evolution, and forward movement. Heath Ritenour, chairman and CEO of Insurance Office of America, looks at the positive changes that have emerged in the industry over the past 18 months.

Heath Ritenour feels that it is time for new energy to be pumped into the insurance industry and to implement innovation that will streamline processes, offer unparalleled customer service, and increase success. The pandemic has made insurance brokerages and agencies, large and small, take a hard look at what is working and what needs to be changed. Ritenour cites a few changes that he thinks will outlive the pandemic and change the insurance industry for the better.

1. More agents working from home.

The pandemic forced most insurance agents, typically in-office or out and about throughout the day, to work from home. The interesting result is that this made them in some ways more accessible to their clients, while saving their companies money on travel, utilities, and communications. Over time, this model could also help reduce office rents.

Heath Ritenour decided early in the pandemic to move to a work-from-home model. “To my surprise, we’ve proven that we’ve been able to work effectively remotely,” says Ritenour. It’s a trend that CEO Heath Ritenour sees continuing at his brokerage and at other insurance agencies.

It’s not just agents who sell to individual consumers who are setting up Zoom meetings with their customers. Traditional “road warriors” that sell commercial insurance coverage and group insurance are also staying home. Once both parties became accustomed to this model, it actually benefited the insurance provider, the insurance agent, and the customer. The insurance agent saves on travel costs and customers get better access to their agent, who isn’t tied up at an airport or in a vehicle.

2. Streamlined application processes.

Insurance agents have traditionally spent up to an hour taking information from clients in order to complete their application. Ritenour feels this is way too long in this information age, where much of a person’s information is available from public records. That’s why he and Insurance Office of America launched SimplyIOA. After answering just a few questions, this intuitive digital platform uses information pertaining to the consumer that’s already in the public domain and automatically fills in a portion of the application. All the consumer has to do is verify the information. The process reduces the time needed to complete an application by more than half.

Heath Ritenour also sees more insurance companies using digital signatures via third parties so that customers don’t have to come into an office to sign their insurance papers or take days to process them via traditional mail.

3. New insurance technology.

The insurance industry as a whole has been slow to embrace new technology. According to Ritenour, “Historically, the insurance industry has been rife with antiquated operational practices, cumbersome paperwork, and other factors that have slowed down the process. By implementing intuitive technology, and allowing consumers to obtain information in a manner most conducive to their own preference, we will be able to reach individuals in a modern, meaningful way.”

The good news is that there are a number of exciting insurance tech products coming to market. These include using AI to facilitate the claims process, using satellite technology and drones to view claims and properties for insurance, and telematics to directly assign risk to drivers (in real time) based on their driving habits.

4. New insurance products.

Heath Ritenour sees the industry creating new products that meet the needs of the younger generations. This includes pay-per-mile auto insurance policies that charge customers a low, set monthly premium plus a daily, per-mile premium. This is good for both customers who drive fewer miles (like those working at home) as well as their insurance companies. This type of product works to better match risk and premium.

Heath Ritenour also sees a market for more specialty insurance products stemming from the pandemic era, such as cyberthreat protection, pandemic insurance, and event-cancellation policies.

About Heath Ritenour

Heath Ritenour has spent his entire life surrounded by the insurance business. His parents, John and Valli Ritenour, founded Insurance Office of America. He joined the family business as an agent, after completing collegiate summer internships at the brokerage. Heath Ritenour became CEO of the company in 2008 and chairman in 2018, when his father transitioned into retirement. During his tenure as CEO, the brokerage has grown to be the 11th largest privately held insurance brokerage in the United States.

Heath Ritenour is also president of the IOA Foundation. The IOA Foundation is actively involved in giving back to the central Florida community through fundraising drives, charitable events, and sponsored sporting events such as the Symetra Tour’s IOA Classic and the IOA Corporate 5k (recently renamed the SimplyIOA Corporate 5k), the largest 5k race in Florida. A cancer survivor, Ritenour works with and actively supports other people in the community who are going through cancer treatment.

5 Proven Branding Tips for Startups to Stand Out from the Crowd

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Startups aren’t as special as they used to be. There are just way too many of them out there, and funding seems to be all over the place. So, in order to create a successful startup that actually gets the attention and respect it deserves, branding and marketing are now playing a more important role in this process than ever before.

It’s no longer just about coming up with a concept and business model that can be pitched to an investor or audience, but instead being a full-service company that actually generates revenue.

With that said, today we are going to highlight five things that every startup must have in place to help brand themselves during the launch process.

Startup Brand and Logo Identity

Take a moment to think about any of the most popular and successful brands in the world today. What do they all have in common? Simple… an amazing logo and brand identity — and some of them are so well branded, that they don’t even need to have their names on their logos anymore.

One of the first things a startup should consider is putting in the creative time and research to come up with a logo design that represents the startup properly. And with financial resources always being of extreme importance for startups, there are now plenty of websites and tools online to help create a logo, while only having to pay a fraction of the cost a traditional designer would require.

This is one of the very first and most important things to accomplish, as it’s going to be used in the foundational stages of your business, while also helping it’s branding on a daily basis.

Building Your Online Presence

With the name of your startup and a logo now in place, it’s time to move onto the online presence part of the process. It’s not enough to simply “be online”, one must also have a way to be found.

In the most simple terms possible, this process would consist of securing a domain name (preferably a .com) and going live with a new website. There are plenty of drag and drop website builders out there to choose from, and many of them are quite cost effective. The most important thing is to make sure you have something professional up and running before moving ahead (even if it’s just your most basic company information).

Depending on what your startup is, and the service it provides, you may already have this in place. If not, it should be your main focus point before moving onto the next step.

Getting Active on Social Media

As important as a website or blog may have been in previous years for a startup, having a solid social media presence and following is quickly becoming a top priority. In fact, the majority of brands without a social media marketing strategy in place are quickly seeing themselves fall behind in comparison to those with one in place.

With more than three billion users spread across the likes of Facebook, Instagram, Twitter and other social platforms, these outlets will play a huge role in the branding and overall success of your startup.

When going live on each of these platforms, it’s important to try and secure your startup name as the ‘username’ for each social network. And with each of these new properties going live, you should also be using your startup logo that was previously created as well.

One of the most important things a startup can do when trying to improve their branding and customer loyalty, is using the same visual images (logo) and colors when building out multiple properties and social profiles. This all plays a big role in how users will remember your site and brand every time they see it.

Creating an Effective Content and Marketing Strategy

We’ve touched on the focus points of setting up a website and using social media to connect with audiences around the world. Now it’s time to consider your options for how you can actually create content and start reaching these audiences on a daily basis.

Through the use of your website (and a blog), a startup should be creating new content that provides value to audiences in different ways. This content can be on company information, products and services being offered or even on valuable information that your target audience might be looking for.

In addition to going live with new content on the site, every business should be sharing each article through social media as well. There are also plenty of ways to build new backlinks to your site content, which ultimately helps with SEO and ranking in the search results.

Video Content to Engage with YouTube and Mobile Users

The age of video content is here, and not only is it being created at lightning speeds, it’s also being consumed at even faster rates. In order for a business to survive in these extremely competitive markets, they must be taking advantage of video content creation as well.

Again, this type of content can be posted to your website and main social profiles, but video content is also going to work extremely well with mobile users who are viewing content through YouTube and TikTok.

With more audiences moving away from laptop and desktop computers and focusing solely on mobile devices, this is simply one of the best ways to brand your startup, while reaching audiences you likely wouldn’t.

How to Brand and Market Your Startup in 2021 and Beyond

As mentioned at the beginning of the article, with more startups in the world today than ever before, there is a lot more to launching a successful company than just going live. Now it’s all about making sure you have a solid brand in place, while also putting in the necessary time, work and effort to be active where your audiences are looking for content.

In addition to each of the recommended branding tips and marketing methods listed above, it’s also a good idea to follow all of your competitors on social media as well. This will allow you to see what they are currently doing to attract an audience, while also giving you an idea of what’s working best.

Call Centres Philippines & More

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Over the last 20 years, the Philippines has emerged as the world’s leading call centre outsourcing destination. Today, many of the world’s most innovative and disruptive companies are outsourcing their customer acquisition and support requirements to call centres in the Philippines.

Business Process Outsourcing (BPO) to the Philippines has become common practice for many multinational organisations due to the extensive resources and world-class front and back-office capabilities the Philippines has to offer. Filipinos possess a high level of English proficiency and the nation has a close cultural affinity with the West, so there will be minimal miscommunication and a quick adjustment to the work culture of UK companies when it comes to assigning projects. Additionally, customers will not be forced to decipher what is being communicated through heavy accents that are commonly associated with offshore outsourcing.

Call centre outsourcing to the Philippines can also bring great cost savings. The country has a large pool of highly qualified and experienced agents who will work for 60% less than the average UK employee.

“Our clients typically save 50% on costs when compared to standard UK vendor rates,” says Ralf Ellspermann, CEO of PITON-Global, an award-winning call centre outsourcing provider in the Philippines.

The Philippines took note of the western outsourcing model and built a world-class transportation, telecommunication and utility infrastructure that has yet to be rivalled. Their superior infrastructure, coupled with over 20 years of contact centre experience separates the Philippines from other offshore destinations.

“Companies prefer to migrate their call centre requirements to the Philippines because of the favourable outsourcing environment. It’s the kind, friendly and warmhearted Filipinos that make this country so special. Filipinos are extremely well liked, respected and appreciated all over the world. They are smart, speak impeccable English, have an excellent work ethics, and easily adjust to new work environments,” says Ellspermann, who has been working in the Philippine call centre industry since 2001.

When people think of BPO to the Philippines, they think of call centres. While the majority (70%) of the work that is being outsourced to the Philippines is contact centre-related, a number of other services are being provided. Aside from the obvious customer support functions, there are many back office-related tasks handled that most people are very likely unaware of. These services include those you might predict, like claims and order processing or fraud mitigation, but the range of outsourcing has increased enormously. You are just as likely to see a BPO providing content moderation, image annotation, design work or analytics alongside the more traditional customer acquisition, management and retention services.”

There’s also an increasing demand for 24/7 and multilingual support for both voice and non-voice processes.

“In the early days, most of the outsourced work was just call centre and ITES-related. Today there’s hardly any business process that is not being successfully outsourced to the Philippines. If you can think it, we can do it,” says Ellspermann.

20 years ago, only large multinational organisations such as Microsoft, DELL, American Express and HSBC were migrating their front and back-office support requirements to third-party BPO providers in the Philippines.  The success of Fortune 500 corporations such as Facebook and Amazon in the country has not only gone unnoticed but also paved the way for SMEs to outsource their call centre and back-office requirements to the Southeast Asian BPO powerhouse.

“The outsourcing industry has grown exponentially over the last 20 years. What started out with just a handful of BPO providers at the start of the millennium has quickly grown into a multi-billion dollar industry. Today, the Philippines ranks as the world’s second largest BPO and largest contact centre outsourcing destination”, says Ellspermann.

Call centre programs outsourced to the Philippines can range from a single seat to several thousand seats per client. About 40% of all services are being provided for companies in the service sector where high-quality customer interactions are crucial to business success. Pandemic or not, call centres in the Philippines are here to stay.

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