Network Marketing Advertising

When it comes to network marketing, we have one aim and one aim only-to get leads. A limited amount of leads simply means a limited amount of prospects for our business which in return, can affect our business’ ability overall to accumulate money. Many business owners have the misconception that money can only come from one place, and so opt to advertise in a specific, tried and tested manner. However, by advertising outside the box and utilizing the many factors within network marketing, you too could witness an optimized level of leads-and sales.

Network marketing is a lucrative business and it is due to this that there are a number of different advertising methods that have been introduced in an attempt to effectively advertise a business. The most effective platform when it comes to advertising for your business is to realize the potential which comes from using the internet. Network marketing can be extremely effective if you opt to use the vast majority of resources that can advertise your business for free. However, the most important factor to consider is to strategically use the free resources that will provide the highest amount of advertisement exposure for an increased level of financial gain.

Many businesses have realized the huge sale potential that stems from using the internet to their full advantage. The internet is the most effective method in which to advertise products and services but the main reason why so many network marketers fail to get their business off the ground is that they simply do not know how to effectively advertise what they can offer. Your product is the focus of you entire business so it is essential that you have a product that is in demand or is able to accumulate money. In the initial stages of generating leads and sales, many inexperienced network marketers also make the mistake of turning to their friends and family to join their program or purchase goods from them. Although this is a good way in which to get the ball rolling so to speak, if they are not knowledgeable in business, this could simply be a waste of your time. You need to focus your advertising and promotion on those who are business savvy and are aware of the potential of network marketing.

Once you are aware of your targeted market, it is time to launch your online marketing campaign. The internet is one of the most powerful advertising tools around and what’s more, many online advertising methods are absolutely free! Some business owners make the mistake of assuming that free methods of advertising may be effective over time, but that in order to make money, they need to spend money. This is true in some sense as many network marketers have witnessed a huge amount of interest from launching their own website. Your website should be full of content, keyword optimized for a high page rank and most importantly-clearly display what the purpose of your business is. Your website should act as a non-physical salesman and so its design, layout and presentation are crucial. Once you have your website in place, you can then link it with other areas of advertising on the internet in order to increase your link building and traffic.

Article marketing is a great way in which to advertise your business for free. By drafting information, promotional articles which relate to your business and adding backlinks to your site, this will act as a form of sales pitch without being too aggressive or overwhelming for the consumer. Adding backlinks to direct the consumer to your site can help with your traffic and sales. As your content can be linked to various other sites and posted onto blogs, your own website and so forth, is an effective yet free way in which to advertise your business.

When it comes to advertising outside the box, this can be dependent on the product or service in which you are trying to promote. However, no matter what you may be trying to advertise, this can be effectively done via the web. The internet is the most innovative and effective method of advertising today so by taking a chance and investing in this free form of advertising for your business today, you could soon see the results you have been aiming towards for your business.

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The Fed moves up its timeline for rate hikes as inflation rises

The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates.

However, the central bank gave no indication as to when it will begin cutting back on its aggressive bond-buying program, though Fed Chairman Jerome Powell acknowledged that officials discussed the issue at the meeting.

“You can think of this meeting that we had as the ‘talking about talking about’ meeting,” Powell said in a phrase that recalled a statement he made a year ago that the Fed wasn’t “thinking about thinking about raising rates.”

As expected, the policymaking Federal Open Market Committee unanimously left its benchmark short-term borrowing rate anchored near zero. But officials indicated that rate hikes could come as soon as 2023, after saying in March that it saw no increases until at least 2024. The so-called dot plot of individual member expectations pointed to two hikes in 2023.

Though the Fed raised its headline inflation expectation to 3.4%, a full percentage point higher than the March projection, the post-meeting statement continued to say that inflation pressures are “transitory.” The raised expectations come amid the biggest rise in consumer prices in about 13 years.

“This is not what the market expected,” said James McCann, deputy chief economist at Aberdeen Standard Investments. “The Fed is now signaling that rates will need to rise sooner and faster, with their forecast suggesting two hikes in 2023. This change in stance jars a little with the Fed’s recent claims that the recent spike in inflation is temporary.”

Markets reacted to the Fed news, with stocks falling and government bond yields higher as investors anticipated tighter Fed policy ahead, including the likelihood that the bond purchases will slow as soon as this year.

“If you’re going to get two rate hikes in 2023, you have to start tapering fairly soon to reach that goal,” said Kathy Jones, head of fixed income at Charles Schwab. “It takes maybe 10 months to a year to taper at a moderate pace. Then you’re looking at we need to start tapering maybe later this year, and if the economy continues to run a little bit hot, rate hikes sooner rather than later.”

Even with the raised forecast for this year, the committee still sees inflation trending to its 2% goal over the long run.

“Our expectation is these high inflation readings now will abate,” Powell said at his post-meeting news conference.

Powell also cautioned about reading too much into the dot-plot, saying it is “not a great forecaster of future rate moves. “Lift-off is well into the future,” he said.

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Bitcoin plunges 30% to $30,000 at one point in wild session, recovers somewhat to $38,000

plunged 30% to near $30,000 at one point on Wednesday, continuing a major sell-off in the cryptocurrency markets that began a week ago.

The digital currency hit as low as $30,001.51 as the selling intensified Wednesday before paring some of those losses. The cryptocurrency hasn’t traded at those levels since late January.

Bitcoin rebounded as the day went on, was down 12% to about $38,205.49 shortly after 3 p.m. ET. At its intraday low, the cryptocurrency’s loss for the past week was more than 40%.

The sharp drop means bitcoin had temporarily erased all its gains following Tesla’s announcement that it would purchase $1.5 billion worth of the cryptocurrency. It was also down more than 50% since hitting a record high of $64,829 in mid-April.

Other cryptocurrencies also plunged on Wednesday. Ether, the digital currency that powers the Ethereum blockchain, was down more than 22% at $2,620.97, according to Coin Metrics. Dogecoin, a cryptocurrency that started as a joke and has been talked up by Tesla CEO Elon Musk, fell 25% to less than 36 cents. Both had substantially larger losses earlier in the session.

Additionally, cryptocurrency exchange Coinbase was temporarily down for some users as the coins plunged on Monday morning.

Negative news over the past week has dampened sentiment for bitcoin.

On May 12, Musk said the electric carmaker had suspended vehicle purchases using bitcoin, citing environmental concerns over the so-called computational “mining” process. This is where high-powered computers are used to solve complex mathematical puzzles to enable transactions using bitcoin.

Musk’s comments caused over $300 billion to be wiped off the entire cryptocurrency market that day.

Musk did suggest on Wednesday that the automaker was not selling its existing bitcoin, saying with emojis on Twitter that Tesla has “diamond hands.” That tweet was published near bitcoin’s lows for the day.
The announcement to suspend bitcoin payments came just three months after Tesla revealed that it bought $1.5 billion worth of bitcoin, and would start accepting bitcoin in exchange for its products.

Early this week, the Tesla CEO suggested the company may have sold its bitcoin holdings but later clarified that it has “not sold any Bitcoin.”

Then on Tuesday, three Chinese banking and payment industry bodies issued a statement warning financial institutions not to conduct virtual currency related business, including trading or exchanging fiat currency for cryptocurrency.

China’s hard line on digital currencies is not new. In 2017, authorities shut down local cryptocurrency exchanges and banned so-called initial coin offerings (ICOs), a way for companies in the space to raise money through issuing new digital tokens.

Traders in China once accounted for a huge share of the bitcoin market but after the crackdown, their influence was reduced significantly. Chinese cryptocurrency operations have moved abroad.

“The crypto markets are currently processing a cascade of news that fuel the bear case for price development,” said Ulrik Lykke, executive director at crypto hedge fund ARK36.

More than $250 billion evaporated from the bitcoin market alone last week, Lykke said. Though that number seems “astronomical,” such moves aren’t uncommon in the volatile crypto market, he added.

“In terms of Bitcoin’s outlook, things may be looking grim right now, but historically this is just yet another hurdle for Bitcoin to overcome and a small one compared to what it has braved in the past,” said Lykke.

Bitcoin is still up over 30% year-to-date and around 300% in the last 12 months.

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