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Ozan SuperApp now a member of Mastercard

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Ozan Elektronik Para, operating as Ozan SuperApp, announces the successful completion of its Mastercard membership as of September 2021. Ozan SuperApp users will be issued their personal Mastercard-branded Ozan debit cards.

Ozan SuperApp teams up with Mastercard, the global payment-tech leader 

Now a member of the international payment technologies leader Mastercard, Ozan SuperApp extends the scope of its financial services for its growing user base.  Ozan SuperApp is on the fast track to becoming a truly global fintech by partnering with prestigious, leading brands. Having previously announced its Visa membership in February, UnionPay membership in March, and Troy membership in August of 2021, Ozan SuperApp has completed the Mastercard membership process and now offers all leading card schemes in its portfolio.

Ozan SuperApp CEO Ömer Suner: 

“Our collaboration with the payment technologies pioneer Mastercard is a welcome crucial step on our path to becoming a global fintech. Thanks to this partnership, our users can now spend their funds through their Mastercard branded debit Ozan Cards across the world. In addition to your physical card, you can create virtual Mastercard cards very easily on Ozan SuperApp and use them securely online. I would like to thank the Mastercard team once again on behalf of the Ozan SuperApp family for their full support throughout this process. We’re determined to keep partnering with prestigious global brands and institutions at full speed for our users worldwide.”

Ozan SuperApp Founder Ozan Özerk: 

“Teaming up with Mastercard and being able to access their technology, payment rails, and know-how is fundamental for any fintech aiming to take the global stage. We believe that our Mastercard membership advances Ozan SuperApp significantly, confirming its presence as a serious player with a long-term ambition in the fintech landscape.”

About Ozan Elektronik Para:

Formed to introduce the financial services of the future to its users, Ozan Elektronik Para is an electronic money institution licensed by the BRSA in accordance with law number 6493 and has been providing services under the authority of the CBRT (Central Bank of the Republic of Turkey) since January 2020.

With its SuperApp application, Ozan Elektronik Para aims to offer its customers a variety of financial services such as opening accounts in seconds, transferring funds and using debit cards as well as providing various lifestyle and entertainment services.  

https://www.ozan.com

The Ultimate Guide to Marketing

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Whatever the size of your firm, marketing is something to think about. This post goes through all of the key topics, including acquiring new consumers and developing campaigns that appeal to particular demographics.

At its most basic level, marketing is all about connecting with your customers and potential consumers at the right time and place.

Many organizations believe that marketing is only for large companies, but this isn’t the case! Small and major corporations alike can benefit from marketing – the only difference is the scale.

Small firms may learn from these examples, which are among the top small-business use cases:

  • Using social media to interact with present and prospective consumers/consumers
  • Creating a website to transform leads into paying customers (and appear on search engine results pages)
  • Connecting with friends, family members, and other business owners to generate referrals for your firm.

As you can see, there is no end to what you may accomplish for your business.

This comprehensive guide is a great place to start if you want to learn how to market your company. It covers both online and real-world marketing.

You should be able to successfully manage a marketing campaign for your company or even assist another small-business owner do the same at the conclusion of this article!

Now let’s get to it. First up is…

1. Digital Marketing: This involves everything on the Internet, including social media platforms like Facebook and Twitter, as well as creating an effective website and search engine optimization (SEO) programme.

What It Is: Online marketing is the use of the World Wide Web to promote your firm and attract visitors. This covers everything on the Internet that may help your business, as well as social media sites like Facebook and Twitter.

Why It Matters: It’s critical to have a strong website that ranks highly in Google for your industry and has social media pages if you’re searching for a consumer rather than a business buyer.

What You Need: Online marketing tactics like SEO, as well as updating your company’s website to keep up with the times, can help you attract new consumers and stay ahead of the competition. It takes only a few months for results to show!

2.   Off-line Marketing: This term includes everything that isn’t referred to as “online marketing,” such as meeting with potential clients and networking.

What It Is: Off-line marketing includes any type of offline promotion that isn’t done over the internet, such as pamphlets, posters, and social gatherings.

Why It Matters: When you meet with potential consumers in person, they are more likely to remember your company because it has an enduring impact on them. In addition, meeting individuals face-to-face may help you develop closer connections with others who might be able to assist your business in the future! When it comes to increasing exposure for your firm, networking is a wonderful approach to take.

You’ll be able to notice changes in as little as a week or two if you do it properly!

3.   Sales: The goal of this marketing strategy is to concentrate on the items or services you provide and how you market them.

What It Is: The first step in marketing to your ideal customer is understanding and engineering the path they take from prospect to customer. In addition, you must experiment with variables in that process, such as face-to-face sales, pricing, and communication with prospects before and after a sale.

Why It Matters: When you have a product that consumers are prepared to pay a premium for, it can significantly improve your overall profit margin.

What You Need: Customers will purchase items that seem to have a lot of worth, so make sure the items you market have a high perceived value before using this approach to sell your business! You may then charge more and leave with consumers grateful to pay the premium.

4.   Event Marketing: When it comes to marketing, there are several strategies that you can utilize. One of the most well-known is hosting events, such as in-person gatherings or social media parties, or B2B conferencing solutions, to promote your product/service.

What It Is: Including a variety of interactive activities in a hosted event to give it more life! This method allows you to get to know your clients as well as vice versa.

Why It Matters: When individuals have a fantastic time at an event, they’ll inform their pals about it afterward. This is also a wonderful moment to build the connection between your personal brand and your business.

What You Need: You must plan an event carefully and ensure there are lots of activities for visitors to participate in when they get there. Another approach to keep people engaged is to offer incentives!

5.   Direct Mail Marketing: Direct marketing is the process of sending physical items, such as brochures and fliers, with information on your company to potential clients or customers.

What It Is: Leaflets, postcards, and pamphlets may all be handed out through the postal service or by a private courier to pique people’s interest!

Why It Matters: It’s critical for your firm to have its own appearance in order to be distinguished from the competition. A direct mailing piece that catches people’s attention might assist you in achieving this objective.

What You Need: Make certain that your direct mail campaigns are attention-grabbing so that they’re noticed by the intended audience. Also, on the piece, include a call to action asking consumers to do anything from going to your website to subscribing for an e-newsletter.

6.   Email Marketing: This style of marketing entails sending emails to your current and potential clients to keep them up to date on items/promotions, or providing links that they may use to enter your conversion / reconversion funnel.

What It Is: Keeping clients engaged with your company through email is more personal than other types of marketing since you are personally interacting with them. It also allows you to describe what your organization does.

Why It Matters: This sort of marketing should be used to keep your customers connected with your business. Because the emails they receive from you will most likely include information about items/services that are relevant to them, they will remember you more.

What You Need: To get the most out of this strategy, you’ll need a large database. It’s also important to generate attention-grabbing subject lines and send emails on a regular basis so that recipients are aware when new information is available! If your website has an e-newsletter sign-up box, email marketing might be used as another technique for new subscribers to learn about recent updates and forthcoming goods connected with your company.

7.   Social Media Marketing: This marketing technique promotes your business/goods/services by promoting and utilizing them on social media sites like Facebook and Twitter to appeal to a broader audience.

What It Is: One of the most significant benefits is the ability to use social media as a customer service tool. You may respond to queries, concerns, and remarks from all around the world with ease!

Why It Matters: If people look for information about your firm or services, they’re likely to discover what others have said. As a result, it’s critical that you respond promptly when customers leave comments on sites like Google+, Twitter, and Facebook!

What You Need: You’ll need active social media accounts with popular platforms, as well as time and effort to market it, in order to run a successful company. Make sure your social media accounts are consistent with the image you want to convey for your organization and include a link back to your website.

8.   Referral Marketing: This style of marketing entails using or creating word-of-mouth possibilities to get people talking about your firm!

What It Is: Getting clients to tell their friends and relatives about your company on social media is one method to keep the business rolling. Getting consumers to pique their friends and relatives’ interest in your products or services may be necessary, but it’s also important for others to speak favorably of you in their own words.

Why It Matters: Because this sort of marketing technique relies on current customers telling others about what you offer, it’s particularly effective when attempting to attract new consumers who may be interested in what you have to offer.

What You Need: You’ll need a marketing strategy that encourages your existing consumers to refer colleagues, friends and family members to your company. Offering incentives or discounts for referrals, as well as producing promotional materials highlighting exceptional consumer experiences and testimonies, are all examples of easy ways to do this.

10.   Social Media Optimization: Employ search engine optimization (SEO) and social networking sites and applications to improve the exposure of your company/products on the internet.

Why It Matters: Important to ensure that visitors to your business are able to discover information about what you do, whether it’s through reviews or case studies of previous customers! People will be able to learn more regarding your company via SEO, and social media optimization will keep the discussion going.

How to Do It: You may promote your organization by posting on social networking sites such as Twitter and Facebook. All of your online profiles should include links to your website so that visitors know where they can learn more!

When it comes to marketing, the most important thing to remember is that it requires time and effort. You likely won’t see immediate benefits from your efforts, but rather long-term goals such as increasing your email list of prospective consumers or developing a loyal client base through excellent marketing and customer service.

Make the Most of Soaring Crypto Market with Bitcoin Era

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For the past year or so, the world has been going through turmoil that seems like a situation straight out of a movie. Business operations, financial activities, and livelihoods of people have never taken such a hit except for two recessions in the past. However, there is a few ray of hopes, and the crypto market was one of them. When the whole world was shutting down, cryptocurrencies kept flourishing, providing investors with massive profits.

Due to the closures of firms and loss of jobs, many people turned to crypto trading for a steady income, and their decision paid off. With the exception of a few market swings, the crypto market remained stable throughout the upheaval, allowing traders to achieve numerous milestones.

During the past year, a significant number of new and experienced traders joined various crypto trading platforms like Bitcoin Era, hoping to gain handsome profits through this app. This automated crypto trading app allows users to trade Bitcoin with minimal effort, even with zero trading experience. On the app’s main website, you may quickly create an account.

More about the Bitcoin Era App

A profitable trading platform like the Bitcoin Era helps users to do successful trading by providing real-time suggestions with its automated feature that works on a sophisticated algorithm. Because of its cutting-edge technology and high accuracy, the app has proven to be a reliable and consistent revenue-generating platform. The Bitcoin Era app explores the entire crypto market and applies algorithms to anticipate future Bitcoin price movements, with a near-perfect accuracy rate of around 99 percent.

The Bitcoin Era app searches the fluctuating crypto market and provides trade signals just before a price change. This app’s users may gain an advantage over the competition and make more money. Because of its automated function, the software does not require any human intervention. Simply select the auto trading mode, and the app will consistently track the cryptocurrency market for any changes.

The Functionalities of the Bitcoin Era App

The app applies advanced technology and is powered by an automated trading feature that scours the market for the best trading opportunities for its traders. Scalping is the phrase used to describe this method. This functionality enables the app to stay a few milliseconds ahead of others, which is enough to gather all the market data and generate trustworthy trading signals.

Bitcoin Era identifies even the slightest price variations in Bitcoin and makes this information available to consumers so that they trade just at the right time and make large profits.

As a user of the Bitcoin Era app, you have the options to trade through the manual or automated mode. If you’re new to the crypto market, it is better to use the automated option to reduce your risk. Traders with more experience can use the manual trading mode and make decisions based on their knowledge and experience. According to studies, automated trading provides customers a better chance of making maximum profits.

The Advantages of Using Bitcoin Era

Simple Usage

Traders will find the Bitcoin Era easy to use due to the software’s fundamental architecture, which makes navigation straightforward. This app is easy to use and does not create any difficulties for novice traders. You’ll be able to access all the features of the app with a few taps.

Excellent Accuracy

The Bitcoin Era is fast to spot changes in the cryptocurrency industry. The software is 0.01 seconds faster than competitors, providing users an advantage of trading accurately and effectively.

Data Collection and Analysis

The Bitcoin Era is built around futuristic Machine Learning and Artificial Intelligence technologies, which collect and analyses enormous quantities of data to find the best trading possibilities. The software’s designers have enlisted the help of a number of industry experts and developers to provide market input.

Protects Data and Assets

The Bitcoin Era app is equipped with robust security layers to protect customer data and earnings via encryption. It ensures that your personal information and valuables are secure.

Withdrawing Earnings is Easy

You can take a portion or all of your income with a simple click, and your money will be credited to your bank account in 24 hours.

Huge Earning Potential

Undoubtedly, the Bitcoin Era software can assist you in making a substantial amount of money in less time. However, your earnings may vary depending on your initial capital investment, mode of trading, and other variables. Users even make between $500 and $1000 daily. Many users have seen substantial returns even within a couple of weeks, which proves that the potential for generating high profits using this software is infinite.

How to Manage Your Outstanding Customer Invoices Better and Avoid Late Payments

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Businesses rely on their customers’ payments to keep the business cash flow stable. While they can turn to small business loans to solve short-term cash flow, proper billing and payment collection processes are integral in keeping the business afloat.

Invoicing is definitely the least fun part about owning a business. However, without a streamlined process, you could end up experiencing cash flow gaps more often than you anticipated. If left unaddressed, it could lead to more serious cash flow issues.

To avoid that, we have compiled a list of the things you can do to improve your invoicing processes. Let’s get started.

1.    Double-check the information on your customer invoices

Correct information is vital to the delivery of invoices to your clients. The tendency is, if you put in the wrong information, the payments will get delayed even further. When creating the invoice, especially for a new customer, it’s always wise to double-check the information.

To make invoice creation easier, create a checklist of the vital information you need. This should include the following:

  • Name of the business
  • Name of Customer
  • Invoice number
  • Invoice date
  • Payment terms (i.e., how soon they should make payments)
  • Payment deadline
  • Description of the product/service rendered
  • Total amount
  • Payment options and details

2.    Optimize your invoice timing

Ask yourself when you usually invoice your clients. Is it at the start of every job? At the end? A few days after the completion of a project? Sometimes, the timing of your invoicing can have an impact on the effectiveness of your invoice processing.

Experts recommend sending out invoices immediately after completing a project instead of delaying it for a few days. That is, if you don’t require a down payment or deposit before starting a project. If you do, then you should invoice before starting the project.

Moreover, Freshbooks featured a study by Vistr, which found that companies invoice their customers on a weekly or bi-weekly basis found that sending invoices during the weekends increases your chances of getting paid 10 days earlier than the expected date. On the other hand, if you’re practicing monthly billing, sending the invoice on the first of the month increases your chances of getting paid faster.

3.    Offer several payment methods

Sometimes, one of the things that can hinder clients from paying their accounts is the unavailability of their preferred payment method. On the other hand, by adding more payment methods, you can expect to receive payments faster.

Some of the commonly used payment methods include:

  • Direct deposit
  • Paper checks
  • Credit card payments
  • Electronic wallets (e.g., Apple Pay, Paypal, etc.)

These days, cryptocurrencies are also getting more and more attention. It might be worth considering if you’re into this type of investment. However, if you do choose to receive cryptocurrency payments, always proceed with caution as they have a limited history of use and are typically unregulated.

4.    Automate your billing process

Thanks to technology, invoicing nowadays have been made easier. You can set up a recurring billing schedule if you have ongoing clients and compile quotes from different customers.

Other than recurrent invoicing, automation also presents these features:

  • Automated reminders before, during, and after due dates
  • Online invoice processing, so customers can pay you using their preferred payment method(s).
  • Track billable time and automatically create an invoice for that
  • Automatically charge late payment fees and other charges

With the features above, you won’t only be saving a lot of effort, but it will also help you and your clients save time. 

5.    Set-up reminders to follow-up

Even if you do everything right, there will be times where the clients overlook the due date and completely forget about it. Other times, the invoices could be misplaced, which delays payments further.

As a business owner, these missed payments could have a huge impact on your cash flow. Like other businesses, you have monthly payables to meet. Knowing that, you should also constantly follow up on your customers. If you can, set up a reminder system a few days before the invoice is due. You can use your billing and invoice software and set up automatic reminders.

If, after a few reminders, the client is still not responding and paying, you may have to take steps like working with a payment collection company. They will have their people do the payment chasing for you so that you can focus your time and effort on other aspects of the business.

Final Thoughts

Every business can experience occasional cash flow gaps. However, if it becomes too often, there might be something wrong with your billing and invoicing process. In that case, it would be worth looking into the different ways you can improve your invoicing processes.

The tips mentioned above are just one of the many tips available out there. Hopefully, it can help you with your invoicing strategies and improve your business cash flow.

How the Digital Marketing Industry Survived COVID-19

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The disruptions created by the COVID-19 have adversely affected many businesses across various industries. The tourism and hospitality sectors, for instance, have been hit the hardest. The initial lockdowns that occurred all over the world have denied these industries their sources of income since international travel was brought to a standstill.

Despite the wide reach of the pandemic, the digital marketing industry is one of those sectors that have managed to survive the adverse effects of COVID-19. How did these businesses stand their ground, and what effects did the pandemic have on these companies, if any?

Here are two ways that, conversely, the COVID-19 has benefited the digital marketing landscape rather than hinder it.

The Pandemic Forced Many Businesses to Try and Establish an Online Presence

With the declaration of a global crisis in March last year, governments around the world raced to enforce lockdowns as they attempt to contain the spread of the virus. Non-essential businesses had to close down, while others, like restaurants and hotels, have to operate either with a skeleton crew or at a diminished capacity.

Meanwhile, most people had to stay at home, except those whose lines of work were considered essential. Because these individuals’ needs didn’t change despite the lockdown, they inevitably turned to online shopping early last year to fulfill those needs. As a result, many businesses that relied on the traditional model made the shift to e-commerce to try and capture this market and to earn income amid the crisis.

In December 2020, Forbes reported that 79% of small businesses that responded to a survey by PNC Financial Services Group, Inc. admitted to instituting changes to their practices to cope up with the pandemic. PNC chief economist Gus Faucher noted that these practices included capitalizing on technology, like e-commerce or “sales over the Internet.”

Business analyst Gartner also published a report in October of last year on Chinese businesses that remained strong despite the turbulent environments caused by the pandemic. According to the report, these companies owed their survival to their executives’ decision to partner with digital marketers and leverage the shift in the markets for income.

How about in the United States? CNBC said that digital ad expenditures by American businesses increased 12.2% year-on-year in 2020.

All of these statistics mean only one thing – digital marketing experienced a sustained increase in demand because of the pandemic. As a result, the industry enjoyed continuous income in 2020, although the market did experience a brief decline in the early parts of the year.

Digital Marketing Companies Are At Home with Remote Work

While other businesses and even government agencies had to struggle on the fly to establish work-from-home arrangements for their employees, digital marketing companies already have several of their processes outsourced to laborers overseas. This is made possible by websites like Freelancer, UpWork, and People Per Hour, among others.

Unlike other industries, the digital marketing sector did not have to take a short pause to adapt to the demands of the lockdowns. With most of their workforce already working remotely, it was business as usual for the digital marketers while other companies were forced to temporarily shut down.

In addition, the remote working arrangements that their employees enjoyed meant that digital marketers did not have to invest additional money in shifting their businesses to the work-from-home model. Instead, their telecommuting employees provided their own Internet connections, computers, and other necessary equipment to continue working through the pandemic.

The minimal amount of disruption, if any, that digital marketing companies experienced when the pandemic started did not affect them as it seriously affected businesses in other sectors. When the demand for Internet advertising spiked, digital marketers were already poised to grab their respective slices of the pie.

This kept the industry remained stable, with sustained revenues even through the uncertainties posed by the COVID-19 crisis.

What Does the Future Hold for Digital Marketing?

As the pandemic continues, experts are seeing sustained growth in digital marketing for this year. For instance, Statista estimates digital ad expenditures around the world to grow 17% this year from last year. Specifically, Statista sees global ad expenses to hit US$389.29 billion by the end of 2021.

Buzznation’s Ratnesh Singh also told Forbes last year that, while they see their corporate clients pouring their money back to events when things go back to normal, there’s a possibility that these entities will also incorporate digital marketing into their long-term contingency plans for advertising.

At the moment, the world continues to recover from the economic shock brought forth by the COVID-19 pandemic. For digital marketers, the horizon ahead shows only promising prospects of growth and continued revenues that will ensure their survival as times remain volatile.

What Windows Are The Best For Ventilation?

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Proper house ventilation is more than just a matter of personal preference. A house that is properly ventilated is not only fresher, which can save on air conditioning bills; but it also will result in lower humidity levels, a huge health boon for individuals with respiratory problems. So properly ventilating your house is something worth looking into.

House ventilation comes down to your choice of windows, however, it’s not just a simple matter of adding more windows. The shape, location and style of each window affect how much wind enters your house. So today we’ll take a look at the best types of windows to improve ventilation at your house. So next time you are renovating or hunting for a new house you’ll know what to look for.

Linear Windows

If there’s one huge advantage linear windows offer is their sheer size. Linear windows usually have a minimalist design but a large surface area that allows a lot of wind to enter your house. Linear windows are also rather simple in design which makes them easy to install or make a completely new one on your wall.

So let’s sum up the pros that linear windows bring for ventilation:

  • A wide surface area maximizes the amount of wind that enters your house.
  • They are really easy to add to a renovation.
  • Their minimalist design won’t clash with the existing aesthetics.

Casement Windows

Casement windows might seem antiquated for some, but they are a classic for good reasons. Casement windows also cover a large surface area to improve ventilation, but since they usually have two separate frames the flow of air is improved compared to linear ones. And since these windows usually hinge from the sides they are perfect if you want to install automatic window openers as well. On the other hand, they are more complex to install than linear windows and tend to take up more space when open.

Here are the main pros that casement windows bring up when it comes to ventilation:

  • Their size and double-window setup mean they are almost unbeatable when it comes to airflow.
  • They are perfect for window openers, meaning that there’s no need to manually open and close them every day.
  • They are one of the most common window styles in the market, so you might not need to renovate in the first place.

Awning Windows

Traditionally awning windows are designed to open from a hinge on the top of their frame and remain at an angle even when fully opened. On one hand, the angle does stop some of the wind from coming in, but awning windows have a huge advantage compared to most other windows: They can be left open even when it’s raining or snowing. The angled design not only keeps sunlight out but also protects from precipitation. Meanwhile, other traditional windows will need to be closed in these circumstances, blocking ventilation altogether.

So let’s summarize the ventilation pros of awning windows:

  • They are designed to remain open at all times.
  • They tend to be small and easy to install.
  • They usually are installed in large quantities, making it easy to maximize ventilation.

Top Tips to Grow and Expand Your Business

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Growing a business might include adding to your customer base, developing your products or services range, entering into partnerships and collaborations, or acquiring other established companies that diversify or complement your existing business to help achieve your ambitions. 

Here are some things you may want to look closely at before deciding how to proceed:

Reduce your running costs

Leasing, as opposed to buying, is likely to be a favoured option for many businesses ready to expand. You have more flexibility over the commitment to a given property, can move in more quickly and do not require vast capital investment to do so. This all leaves you cash free for your expansion plans.

Commercial property specialists such as RTC Business Park, based in Derby, are one such company offering flexible lease access to a range of office and industrial units, laboratories and managed suites in a friendly managed campus. Businesses have flexible use of space, the opportunity to combine production with office facilities in one area. There are also onsite conference and meeting facilities to host more significant events without searching for suitable venues and moving offsite.

Flexible lease terms ensure you are not held back with lengthy contracts that may not meet your newly expanded business needs. Choosing a commercial campus-style letting company that understands business flexibility needs may include extra or redefined space, so offering a range of refurbishment options to ensure repurposing is simple as you develop and grow. 

Facilities around the country such as this are a perfect choice for businesses looking to expand or consolidate locations offering office space, laboratory and production units and bespoke combined units that support pretty much any business type. 

Use Your Location

Choosing a well-connected central location will give you easy access for customers and suppliers and bring in employees. Good access links can make life much more straightforward for people trying to reach you, which could improve your capacity for growth. Positioning your business in a campus-style complex will help you forge relationships with other successful companies and bring greater marketing and collaboration opportunities to help grow your business.  Knowing you operate from secure, professionally managed premises will leave you free to work on your business expansion.

Understand what you do well

Know what you do well already, and where your success has come from.  But as well as this, try to recognise any areas you haven’t yet mastered or could do better. This can help with decision making on the type of growth that is right for you and perhaps more importantly, enables you to identify the areas that wouldn’t be right.

Understand your customers

A business relies on customers to survive. Developing services or products that meet their needs is essential to survival, let alone satisfying any growth plans. Canvass existing customers for feedback to understand why they chose you, gain information on added-value services or items that may sell well or identify additional income streams. You can also trial new ideas designed to grow your business. Exceptional customer service, reliability and honesty are essential, even more so when building up relationships. Word of mouth carries a great deal of weight, so let your customers visibly have their say. Nurture existing relationships whilst looking for more opportunities to expand your customer base.

Use social media and content marketing

Use social media to build your brand. You can show your real self and interact in real-time to answer questions and offer advice or something personal about yourself. Social media is a great way to keep your ears and eyes on how your business is perceived. It can be a great way to drum up interest for a new product or attract new customers and build brand trust with old and new markets.

Host events

Build networks, host events and use the ‘it’s not what you know but who you know’ to make connections that will support your growth. Give back to your community to build up a good reputation and increase brand awareness. It’s also a great way to attract new business.

With all these top tips to take on, you’re sure to give yourself a great platform from which to achieve your business goals.

What is Short Selling? Definition And Use Cases

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The concept of “short trades” or “Going Short” has been formed relatively recently, when the seller borrowed stocks from his/her broker for a quick sale. The seller didn’t own the asset and hoped to buy it later at a lower price. In essence, to “sell short” means to “go long” with a view to sell an asset and buy it back in the future at a lower price. Traders who prefer this strategy are called “bears”.

The opposite strategy is called “Going Long”. It is used by the traders who consider themselves as “bulls”. In both cases, we’re talking about margin trading, which allows you to trade amounts that greatly exceed your existing funds.

How to sell a stock short?

Usually, a trader who assumes that the move down will persist long enough borrows assets (stocks, fiat money, bitcoins, etc.) from a broker to quickly sell it at the current price. The main purpose of such trade is to profit from a drop in the stock price. Short trades always involve high risks, especially when it comes to the assets of the new companies with unlimited growth potential. Such assets are usually purchased by the “bulls” who hope to profit from the increase in stock prices.

“Bears” usually use the tactics “sell short” (i.e. without buying/covering stocks) within the framework of margin trading, where one can use high leverage. In this case, the risks, as well as potential profits, can be large enough. If the stock doesn’t bottom, you may go into the red. Usually, only aggressive/self-confident traders or investors who have unique inside information play such risky games. 

In short selling, experienced traders take a neutral position, waiting for the “bearish trend” (a downward trend in the prices of an industry’s stocks). If the seller timely reacts to the changed situation, he can buy the assets at a low price with minimal profit.

In all cases, aggressive short selling has a significant effect on the current trends, which requires careful hedging of investment portfolios. Many exchanges have restrictions on naked short sales, in which the seller quickly sells large amounts of stocks he doesn’t own. 

How does this work?

Suppose you want to short Tesla stocks and contact your broker to conduct this transaction. The broker needs to find stock and lend it to you so that you can sell it. He can take it from different places (including his inventory and clients’ portfolios). After that, the broker borrows the stocks and sells them in the market for you.

Let’s say the price falls as expected and you want to close the position and make a profit. You call your broker and ask him to take a buy position. The broker uses the money in your brokerage account to buy a Tesla stock at the current (below original) market price. The difference between a purchase price and a selling price will be your profit or loss.

How to Start Forex Trading: A Beginner’s Guide

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Forex is the most famous currency exchange that needs no introduction. The trades on this exchange are conducted by the traders who work on the brokerage platform. The difference in the price (quotes) of purchased and sold assets forms the trader’s profit. It is necessary to note that Forex traders can trade not only the currencies of the major countries but also other assets (such as large-cap stocks, precious metals, and cryptocurrency).

Forex rules for beginners

Start by choosing and studying the financial services, which you will use for working with your trading deposit. These can be electronic money or personalized bank cards.

The second stage is learning the exchange terms. This point is very important, as it will help you understand the future lessons, tips, and forecasts. 

Compare the terms learned with the practical examples. Read the articles about the specifics of Forex contracts. Learn as much as possible about the currency pairs and their characteristics. Understand the difference between the “major” and exotic currency pairs.

Make a list of the main trading instruments with their characteristics, options, and possibilities. 

Choose the right broker for currency trading. The main selection criteria should be the company’s reputation (with the traders’ reviews), the size of the commission, the list of exchanges this broker cooperates with, as well as the benefits and free training programs available. The key point is the size of spreads and swaps.

Complete the training program offered by the chosen broker. Draw up a plan with the points that you would like to study. These may include the main terms and their practical meaning, basic Forex trading strategies, and tips for making money on specific schemes (for example, CFD contracts). 

After completing these steps, you can start trading on a demo account. Hone your skills of trading on long and short positions. Practice generating trading signals. Test the automated and manual trading systems.

Calculate how much money you’re ready to invest in the real stock market. Take into account the leverage, which allows you to trade amounts that significantly exceed your deposit. Choose the currency pairs and a strategy, fund your trading account and start playing.

Understanding the Gaming Fallacy and How To Avoid It

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When it comes to gambling, whether it’s online or not, there will always be a chance that people would make illogical decisions. Some aren’t even aware that the next move they have in mind is illogical and if you’re after profiting and keeping things realistic, you should be aware of the mistakes that you might end up making and this includes the gambler’s fallacy which is commonly seen on beginners and casual gamblers.

The gambler’s fallacy is defined as a mistaken belief that if an event has taken place frequently than expected then it’s less likely to occur in the future. To be gambling-specific, some people come to Win real money from online casino who would think that if a slot machine has not been giving them a win for multiple spins in a row now then the next spin may just be the win that they are waiting for.

When it comes to sports betting, this occurs if a punter has been placing bets on a certain team or athlete multiple times in a row but ended up losing and keeps on thinking that the next bet is going to be a win.

Why The Gamblers Fallacy Will Set You To Fail as a Gambler

This fallacy is also known as the Monte Carlo Fallacy because this particular behavior was observed at a Monte Carlo Casino in 1913 wherein a group of people was playing a game of roulette. During the said game, the ball has landed on black 26 times in a row and this was a rare occurrence as this happening is just 1 chance in 136.8 million.

That night, the casino was able to rake in millions of Francs and this was because the players on the table fell as the victims of the gambler’s fallacy. Some players kept on believing that the ball will land on red 26 times and this resulted in them experiencing massive losses.

Gambler’s fallacy is an example of cognitive biases which is stemming from the human nature of seeing patterns in random sequences of events. It’s simply human nature to somehow believe that the future will change based on the consistent unchanging events when in reality, these events happening multiple times are not at all connected and don’t affect each other.

When betting on sports, it is wrong to think that you should no longer place a bet on a certain team or athlete just because they lost two or three of their previous matches. Their next match has nothing to do with the previous ones because they had different opponents. The matches are simply unrelated.

The gambler’s fallacy is not exclusive to gamblers or any gambling-related activities. This behavior can also be observed in different life situations as well. A great example is how when couples would try to predict the gender of their child during pregnancy. Some couples tend to think that they will finally have a baby boy after having three daughters or vice versa. This is, of course, not an accurate way of telling what the gender of their next child would be as having three girls don’t change the 50/50 chance that they have when it comes to the gender of their next kid.

There is also a gambler’s fallacy when it comes to how people view air travel. Some people think that just because they travel on air a lot they will eventually experience a crash at some point. However, this is also not accurate as each flight has nothing to do with their previous ones. Statistics say that a person’s chances of experiencing a plane crash are one in 1.2 million.

Avoiding Gambler’s Fallacy

While it’s common for people to experience cognitive biases like the gambler’s fallacy, there are effective ways to avoid it. However, some people may have a hard time losing these biases. Implementing various debiasing techniques may be necessary but overall, what you just really need to do is to be more aware of the situation. You need to be able to treat each event as something new and not at all related to the previous events. This way, you avoid concluding the future solely based on what has happened previously.

You can do this by improving your decision-making skills and trying to slow down your reasoning process. You should also be aware that the more we get older, the more likely we are prone to having biases. With that, it’s important to keep on practicing randomness.

Some psychologists have taken a look at teaching individuals about randomness. Christopher Roney and Lana Trick published a study on this and according to them, randomness can make people less prone to gambler’s fallacy.

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