Thursday 6 May 2021

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Essential Strategies to Market Your Kratom Business

Posted: 05 May 2021 04:23 PM PDT

Essential Strategies to Market Your Kratom Business

Kratom has quickly become a mainstream supplement, catching the attention of many. The number of Kratom users is impressive, and getting into the kratom business can be pretty lucrative. Not much can be said about running a Kratom business as it is relatively new. It's only less than a decade ago that it was introduced to the western market.

However, selling it doesn't have to be challenging because, like any other product, commerce rules still apply. If you have a Kratom business or are thinking of starting one, you can still be as successful as any other product-based business out there. All you need is to put in place effective marketing strategies. Marketing Kratom can be pretty challenging. However, below are some effective strategies that will give you a breakthrough into the market.

Optimize Your Website—SEO (Search Engine Optimization)

Did you know millions of retail businesses around the globe use the internet for its effectiveness in making sales? Yes, it’s true. Therefore, for your Kratom business to take off, doing the same is advisable.

This is possible through getting a website and optimizing it to reach your audiences. But before we get down to website optimization, let's take a look at the building and designing a business website.

First of all, getting a customized website for your business is a must-have.

Most businesses are going online, and that's a great way to legitimize your brand as a Kratom seller.

Furthermore, you need to have a highly functional and user-friendly website. If your website is not appealing to the users, you might not have as much traffic as expected. When designing a Kratom business website, you need to make sure the following requirements are fully met.

  • Your website should load quickly
  • Be mobile-friendly
  • Should have easy navigation

Offer High-Quality Products

Consumers are ever looking for the most effective and quality products to buy. So, you need to have quality Kratom products and strains like the green Borneo Kratom. This helps maintain your customers in the long run. Providing low-quality products might end up chasing clients away.

A great product that is of high quality does a lot for your brand. If you're especially dealing with high-quality Kratom, there are several benefits you stand to gain.

These include:

  •  Creates a bond of trust between you and your customers
  •  Ensures you get a ton of recommendations
  •  You have fewer complaints and returns from customers
  •  Aesthetics matter to most consumers
  •  It allows your business to grow

Good quality products have the power to change customer perceptions. For example, with high-quality Kratom products, a person who has never interacted with Kratom before may be attracted to try it if the product is good.

Email Marketing

Here is yet another reliable marketing strategy you can use for your Kratom brand. However, email marketing caters to customers who have already shown interest in your products. You can come up with an email list giving discounts to subscribers.

Then, you can establish an email campaign specifically designed for communicating valuable information to your customers. This might involve sending them relevant articles related to your brand. The content is expected to keep your clients stuck to your emails.

Final Thoughts

The above five marketing strategies will significantly push your business to higher levels to reach your target consumers. However, you must understand dedication to your business is critical. Secondly, customer satisfaction should always be the driving force. This will only be achievable by giving them what they need.

The post Essential Strategies to Market Your Kratom Business appeared first on MoneyMiniBlog.

How to Invest in Gold: A Guide for Beginners

Posted: 05 May 2021 03:59 PM PDT

How to Invest In Gold? A Guide For Beginners

Since time immemorial, gold has been the standard by which wealth has been measured. Those with gold are afforded great comfort and stability that those without can only aspire to. The same rings true today as many investors find gold to be the most dependable source of investment out there.

Profiting from this rare and shiny metal isn’t reserved for the wealthy or political powerful only though. Anyone with ample funds can profit from gold too — and it won’t cost an arm and a leg. In this article, we’ll look into some everyday ways an investor like you can make a pretty penny with this precious metal…

Gold IRAs

We'll start with the best investment option first. Gold investment retirement accounts, or IRAs, are exactly what they sound like. They are retirement funds put directly into physical gold. This self-directed account uses the fact that gold is only getting rarer and rare — and more expensive as a result — to counteract the effects of inflation.

Where other forms of investment often devaluate with inflation, the fact that gold’s value only increases means that adding this form of investment to your portfolio can act as an insurance policy against inflation’s effects. On top of that, the recent shift of the financial market towards gold makes Gold IRAs such as Goldco or Regal Assets all the more available and easier to apply for.

Gold Bullions

Gold bullions can take the form of either gold bars or gold coins. They are usually gold that is owned directly. This traditional form of gold investment is still quite viable as an easier and more available source of funds. Many who also invest in gold directly do so to have something to serve them in times of emergencies or the unlikely scenario of an economic collapse (where printed no longer holds value).

Many have the idea that gold bullions resemble the large bars seen on TV or in documentaries. Investors prefer their gold bars a lot smaller in size or the form of gold coins. This is for convenience’s sake as smaller bars are easier to handle and liquidate individually as needed.

Owning gold outright can make it easier to track the return on your investment and is generally quite easy to convert to cash. That being said, owning gold also comes with the added cost of secure storage and insurance. You will also have to deal with markups from the dealers which hinders profits or places pressure on yourself to haggle.

Gold Coinage

Often with the case of Gold Coinage, you are more likely to earn from them as collector’s items rather than their worth as pieces of gold. This means that the gold coinage, especially rare and/or old ones, can be worth more investment-wise but are harder to acquire and appraise.

Gold Exchange Traded Funds (ETFs)

A lot safer than owning gold outright, Gold ETFs is a form of investment wherein you buy stocks that give you partial ownership of a fixed amount of gold and at a fixed price. This means you can essentially own gold without having to store it or pay for insurance.

ETFs can be found being sold at most brokerages. The fees involved in ETFs are considerably lower than in other gold-centered investments which makes them ideal for small-time investors or those looking to earn passive income during retirement.

Gold Mutual Funds

In the simplest of terms, a mutual fund is when investors pool their funds together and have it controlled under single management that gives them a dividend of the profits. Gold mutual funds work the same, but the managing firm’s investments are in gold or gold-related companies. This can be in physically owning gold or investing in the stocks of gold mining companies.

Like ETFs, gold mutual funds are easy to handle and require less capital than other more advanced modes of investment. Their low costs might also mean lower than expected dividends — keep this in mind as a long-term investment option rather than something that can serve as a cash cow.

Gold Futures and Options

A gold futures contract is a contract to buy or sell gold at a future time and a predetermined weight and amount. Unlike buying gold or gold stocks, contracts are what’s bought and sold with this form of gold investment. These are more suited for experienced investors who are looking for a higher-paying investment with minimal cost.

On the other hand, options are different because they give the owner the right to buy future contracts within a pre-set time frame and a pre-set price. Investors do this to leverage the original investment as well as mitigate any losses on the price paid.

Both forms of investment are usually supposed to be done by more experienced investors willing to take risks. The intricate nature of contracts alone requires a lot of research and attention in order to fully grasp. Otherwise, it might all come across as nothing but jargon to the newbie.

Other Methods

There are other forms of investment to know about when learning how to invest in gold. Though not considered actual investments in the commodity of gold, they can be the next best thing:

Gold Mining Companies

Despite the current situation the world finds itself in, there is something to be said by the continuous profits and revenue growth being reported by gold mining companies. Buying the stocks of companies that explore for and mine for gold benefits you as much as it does the company. Especially now that the price of gold has only been increasing since the last few decades.

Jewelry

Though jewelry can be quite valuable, they are not recommended as a gold source. This is due to the high markups and the fact that the gold contained in many jewelries is simply not pure enough.

Conclusion

And those were all the ways to invest in gold. We highly recommend IRAs as the method of gold investment for their sheer simplicity and ease of transaction. Its long-term benefits also mean added security for you in the later years. Finally, due diligence is key with any investment. Proper research and caution are essential where your hard-earned money is involved. Take time to learn all you can. If you keep all this in mind, then your future is certainly going to be as bright as gold.

The post How to Invest in Gold: A Guide for Beginners appeared first on MoneyMiniBlog.

4 Advantages of Fixed Income Investment

Posted: 05 May 2021 03:49 PM PDT

4 Advantages of Fixed Income Investment

Have you ever wondered if there are any advantages of fixed income investment? If so, then you’ll find this article interesting. The focus of this article will be centered on the advantages of fixed income investment, such as Capital3. Read on to find out more.

Many people are familiar with the term “fixed income investment”, but only a few know what it actually is. Just as the name suggests, it is an investment where the investor is given a fixed income in the form of interests or dividends over a given period. This fixed income given to the investor is known as coupon payment. Fixed income investment is majorly centered on the preservation of income and capital. This type of investment carries less risk compared to some other types of investment.

Fixed income investment comes with a lot of advantages for investors. Some of these advantages include the following:

1. Income Generation

One of the major advantages of fixed investment is steady income generation. Investors are given a fixed sum of money at regular intervals. In some cases, the income is exempted from tax. This makes it a very good form of investment for older people who are retired and need a regular source of income.

2. Carries Less Risk

Unlike stock that carries high risk, fixed income investment carries less risk. If you are looking for an investment that doesn’t have many risks, then you should consider fixed income since macroeconomic factors don’t affect it much.

3. Priority Given During Liquidation

When a company is in the process of liquidation, investors with fixed income are given more priority over others. That means those with fixed income would be paid first before the shareholders.

4. It’s a Safe Deal

Fixed income investments, are very safe. Usually, in this type of investment, the securities have a particular date of maturity when the principal amount will be given back to its investors. This is something that is already decided when the securities are issued out. So, one thing is certain; the investors will always get their principal amount invested.

Types of Fixed Income Investment

Investors have options in this type of investment. You can choose anyone you prefer most. Some of the common types of fixed income investments are as follows:

  • Bonds: This type of investment allows government or companies to borrow money from you. This gives you a steady interest from the government or the company until maturity.
  • Money Market Funds: These funds also offer investors a steady flow of income. However, the returns are usually very low.
  • Certificates of Deposit: This is also called CDs for short. These are savings accounts where you save money for a given period at a fixed interest rate.
  • Others: Some of the other types of fixed income investments are fixed-rate annuities, corporate bonds, municipal bonds, etc.

Fixed Income investments are a lot safer compared to other options. Also, it gives you a steady flow of income within a given period. This makes it a perfect option for older people that have reached retirement age.

The post 4 Advantages of Fixed Income Investment appeared first on MoneyMiniBlog.

How to Buy XLM in Australia

Posted: 05 May 2021 03:40 PM PDT

How to Buy XLM in Australia

There are lots of different forms of cryptocurrency and digital assets that are available for selling, buying or trading. Since Bitcoin changed the face of digital cash in 2015, there have been many more assets available to exchange and trade.

Stellar Lumens (XLM) is the native currency of the open-source blockchain payment method Stellar. XLM is considered to be the main token that powers this blockchain, and it is a cross-border payment method.

This makes it a great token to use in business and global training, and for those in Australia, there is only one place to start with this currency.

How Does XLM Work?

As we have mentioned, Stellar Lumens (XLM) is the native currency of Stellar.

Stellar is an open-source blockchain payment method, and XLM is the cross-border token that is available to buy, sell or trade at Swyftx.

The main purpose of this cryptocurrency is to help connect various financial markets through one blockchain, which will make it cheaper for transactions to take place across markets. Like all other forms of cryptocurrency, XLM is designed to make the process of global spending and trading easier, cheaper, and more secure.

XLM coins can be bought at Swyftx, which is a cryptocurrency exchange platform that offers the lowest rates for Australian dollars.

To use these coins, an account needs to hold a small amount of Lumen for every Stellar token it holds. This is because Lumen, the tokens created by the blockchain payment method, works as a bridge currency on the Stellar network, which is required when transferring funds abroad.

Stellar is a proof-of-stake platform, which means traders need to stake XLM tokens to use the platform in the first place.

How To Buy Lumen and XLM?

It is very easy to buy, sell and trade all forms of cryptocurrency, including XLM on Swyftx.

This is a cryptocurrency exchange platform that works much like exchanging any other form of currency, which is something you would do before traveling to another country or trading in another country. However, at Swyftx, everything is digital.

Swyftx offers the buying, selling, or trading of over 250 digital assets, including XLM tokens which can be exchanged for AUD.

The process to get started on this app is very simple, as it requires all users to make an account.

Swyftx is a very secure platform that has a two-step authentication process for all accounts,  as well as a verification process that must be completed before an account can be used.

Once an account is verified and open, it is time to start trading.

A deposit of up to 50,000 AUD can be made into your account using a credit or debit card, PayPal, Bank Transfer, and other online transfers. This cash can then be exchanged into XLM or other cryptocurrencies to be traded on the market.

Why Use Swyftx?

Swyftx is the best platform to use when it comes to exchanging AUD into cryptocurrencies like XLM.

This website supports the trading and exchanging of over 250 digital assets. It is made to be secure, fast, and easy to use, which makes it accessible to even those with no experience in the crypto market.

Swyftx is renowned in the industry because it offers the lowest rates and has the smallest spread for trading. This ensures that all users are getting the best deal every time they log on.

There is a demo mode available for beginners to use as a way to test out the digital trading market. Here you can trade and exchange mock cryptocurrency based on real amounts so you can see whether this is a profitable move to make.

It is possible to start trading your AUD for cryptocurrency in less than 2 minutes when you sign up for this app.

A lot of things have gone digital over the years, and it is clear to see that the way we trade and spend money is going the same way too. Swyftx makes the future accessible and allows you to get a head start in the world of cryptocurrency before it takes over the market.

XLM and other cryptocurrencies can be used worldwide, making the global market more accessible.

The post How to Buy XLM in Australia appeared first on MoneyMiniBlog.

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