Long-term Versus Short-term Investing: The Best Option


Long-term investments are assets that a company or individual intends to hold for more than a year. While a short-term investments are assets that a company or individual intends to hold for a year or less.


The long-term investment account differs largely from the short-term investment account in that short-term investments will most likely be sold, whereas the long-term investments will not be sold for years and, in some cases, may never be sold.


There is a significant difference between long-term and short-term investing. A lot of people, particularly millennials, don’t invest in stocks because they are afraid of losing money in the short term. If one is investing for the long term, then there is very little risk in legacy markets.
Stocks can go down, but over any 10 year period in history they are always up at least 7% per year when the gains and losses are averaged out. With a longer term horizon, stocks have literally never been a bad investment. 


So how does one actively invest in markets and maximize their potential earnings?


COMPOUNDING!


As Albert Einstein once said: 

“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't pays it.”



The world’s most famous scientist issued this comment about compound interest and time has shown that Einstein was correct.


As defined by Investopedia, “Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will generate earnings from both its initial principal and the accumulated earnings from preceding periods. Compounding, therefore, differs from linear growth, where only the principal earns interest each period.” 


As mentioned earlier, compounding one’s gains is the key to accumulating wealth, period.


There are three key rules to maximize the advantages of compounding: 



— Reinvest dividends or interest into the asset. 



— Add more to the investment whenever possible.



— Invest over a long period, the younger one starts, the more powerful compounding will be. 



Compounding cryptocurrency investments is far more challenging than in legacy markets.

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When you are young you can invest in almost any asset as younger investors should keep the long time-horizon in mind. Following these strategies is the surest way to leave you sitting financially pretty and you’ll have a nice stack when you need your money the most!

Complete Guide For Email Marketing And How To Increase Your Customers Base - part 3



This will be the last lecture in this email marketing series. If you missed the first two series of this topic, you can read them via the links below:
Click here to read part 1
Click here to read part 2



AUTORESPONDER AND HOW TO MAKE EFFECTIVE USE OF IT

The autoresponder series is arguably an online marketer’s most powerful tool for making sales. It helps you to successfully engage your email list, build relationships, and turn prospects into buyers.


An autoresponder is a sequence of emails that are automatically sent to a segment of people on your email list and it's triggered by a specific event, such as joining your list, a certain browsing behavior, cart abandonment, downloading a PDF, or buying a product.


The content of an email autoresponder series is created in advance and set up to send at the appropriate time with the help of your email marketing software.


Every online business needs an autoresponder series for two main reasons:



  1. They nurture your leads by providing valuable information and insights, as well as teaching them how to make better decisions through an automated onboarding process. 
  2. They turn prospects into customers by helping you build “know, like, and trust” before you ask for the sale. Then you can make your pitch at the best possible moment, and you can do it without being overly “salesy” or pushy.


How To Create Effective Autoresponder 

1. Chose a goal: there are many reasons one can set up Autoresponder. It could be for any of the following reasons:

  • Send new subscribers a “welcome” sequence.
  • Use it as a lead magnet/free mini-course.
  • Make sales on autopilot.
  • Promote up-sells/cross-sells.


2. Map out your email sequence: In this step, you will draft an outline for your sequence. But first, you’ll need to figure out how long you want your sequence to be. How many days? How many emails?

There is no universal rule when it comes to exactly how many emails you need to have in your email sequence. Your sequence should be long enough to help you accomplish your goals, no more, no less. So its length should be determined by its purpose, your segments, subscriber’s preferences, etc.

Next, you’ll need to figure out how far apart each email will get sent.
You need to find a healthy balance between your “value” emails and your “offer” (sales) email.

The exact number of emails you send doesn’t matter as long as you send more value emails than sales emails. This helps you keep your list from getting burnt out.

To simplify things, you can use the 80/20 rule: 80% of your emails should give value, while only 20% of your emails are about making a sale.

Next, write an outline of your sequence from start to finish, describing what topic(s) each email will cover and the call-to-action for each email. Your call-to-action could be to click on a link, share your blog post on social media, reply to your email, or buy your product.


3. Write an Autoresponder series that converts: Writing the actual emails of your autoresponder series might be the hardest part of this job. You may even want to outsource it to a professional copywriter.

However, if you still want to learn how to do it yourself, here’s what you should keep in mind:

  • Focus on the reader first.
  • Use personalization. Personalizing the content of your emails will make it so much more relevant and valuable to them.
  • Write great subject lines.



4. Monitor and improve: Although it is mostly hands-off, an email autoresponder series is not something that you should create one day and then completely forget about the next. To get the best results, monitor the performance of your emails to identify areas that need improvement.

Here’s what you should pay attention to when you analyze your autoresponder campaigns:

  • Open rate,
  • click through rate,
  • unsubscribe rate.



Now that you can automate and target each of your email marketing campaigns, you can turn those campaigns into a sales machine!


This is the end of this Email marketing lecture series. Get our active database of Nigeria email addresses below with free bulk email sending software and SMTP settings to start or grow your email marketing business. Email marketing business is one of the best way of becoming financial independent.


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Complete Guide For Email Marketing And How To Increase Your Customers Base - part 2

If you missed the first part of this article, Click Here to Read it.



Personalized Marketing with Email List Segmentation


Most marketing experts will tell you to build an email list. But what they don’t tell you is that your email list will not be as effective without proper segmentation.


What is Email List Segmentation?

Email list segmentation involves breaking your subscribers into smaller groups based on specific criteria so that you can send them more personalized and relevant emails.

Rather than blasting every email to your entire email list, segmentation lets you send certain emails only to those subscribers you think will be the most interested in that content,  resulting in higher conversions.


Why Segment Your List?
Segmenting your list is proven to increase your email open rates, boost your click-through rates, and decrease your unsubscribe rates. That’s why smart marketers use segmentation to drastically improve the effectiveness of their email campaigns.


Related post: Get Active And Updated Nigerians Email Database With Free Blasting Tool


Once you’ve “tagged” your subscribers into different segments, you’ll be able to send really powerful autoresponders—a series of emails that get sent out automatically based on certain conditions—that you can use to nurture your leads and make sales.
Segments make it so much easier to know what subject lines and messages to write that will entice the users to open and engage with your email campaigns.



There are many different ways to segment your list. Here are a few ways to get you started:

New subscribers: send new subscribers a welcome email or a welcome series.
Preferences: subscribers who want to hear about blog posts vs. those who only want sale notifications.

Interests: subscribers who like classical music vs. those who like pop.

Location: notify subscribers who live in a particular area.

Open rate: reward your more engaged subscribers with a special offer just for them.

Inactivity: remind subscribers who haven’t engaged for a while of the next step you want them to take.

Lead magnet: send targeted emails based on the topic of the lead magnet that they opted in for.

Shopping Cart Abandonment: remind subscribers who put items in their cart that they haven’t checked out yet.

There are many more ideas upon which you can base the segmentation of your list.



Improving Your Email Open Rates

This section is super important because even with all of the hard work you’ve done to get your email list and segment it, you won’t benefit from any of it unless your emails actually get opened.


There are several factors which play a role in whether or not your emails get opened. Let’s explore each of them.


1. Avoid Spam Filters
Probably the most obvious problem is when your email gets sent to the subscriber’s spam folder.

Here are some best practices to keep your emails from falling into spam folders:


  • Send your email campaign from a good IP address. That is an IP address that hasn’t been used by someone else who has sent spam in the past.
  • Send emails through verified domains.
  • Keep your email template code clean.
  • Use merge tags to personalize the “To:” field of your email campaign.
  • Show subscribers how to whitelist your emails, and ask them to add you to their address book.
  • Avoid excessive use of “salesy” language (these are spam trigger words like “buy”, “clearance”, “discount”, or “cash”).
  • Don’t “bait-and-switch” by using deceptive subject lines. 
  • Includeyour location. 
  • Includean easy way for subscribers to opt-out of your emails.


2. Remove Inactive Subscribers to Keep Your List Fresh
It’s important to email your subscribers on a consistent basis, so your list doesn’t go stale. Even then, over time, email subscribers still go stale.

Some people may have changed email accounts, or maybe they just aren’t interested in your brand anymore.

So to keep your list fresh and filled with engaged subscribers, it’s a good idea to periodically remove inactive subscribers. An inactive subscriber could be anyone who has not engaged with any email in the past 6 months or more. We personally update our list every 3 months to ensure they are clean.


But before you get rid of them, try sending one more email campaign to try to re-engage your inactive subscribers. For example, you can send a last-ditch-effort email to your inactive subscribers that says, “Do I bore you?” and asks if they still want to stay subscribed. Some people will respond, but all others get purged.


Another way to keep your list fresh is by checking in with your subscribers every once in a while to ask if they would like to update their information and their preferences. This way, they are reminded that they can take control of how they want to engage with you.


3. Perfect Your Timing
Timing can have a huge effect on whether or not your subscribers open and click your emails, so think carefully about what time and day you send your emails out.

You won’t be able to figure out the perfect time immediately but perform some A/B tests to identify which time frames seem to do best and explore those in future campaigns.

But you may be wondering, has anyone else already done some tests that you can benefit from?


Well, Mailchimp’s data says that, in general, the best time of the week to send emails is on weekdays versus weekends. But, no single day won hands down.

Day of Week Send Time

They also found that, in general, the optimal time of day to send emails is at 10 AM in the recipients’ own time zone.

Time of Day to Send Emails

However, when they looked deeper, they discovered that the type of content being sent had a significant effect on the peak time, as well as the location, age, and occupation of the recipient.


The bottom line on email send time is this: imagine a day in the life of your particular audience. What are they doing in the morning, afternoon, and evening? What does their workday look like? How late do they stay up at night? How early do they rise in the morning?

All of these questions will help you decide on the best time to send your emails.



4. Make Your Subject Line Stand Out
When it comes to email open and click rates, your subject lines are everything. Your job is to make your subject lines stand out.

Here are some tips for crafting creative subject lines:

Entice curiosity, but don’t be too clever. You want to make them curious enough to open and click, but without being so cryptic that the subscriber hasn’t a clue as to what you’re talking about.

Include numbers. There is something about numbers that draw the eye.

Use a friendly and conversational tone.
Speak in the language and style that your subscribers use themselves, especially when talking with their friends.



5. Write to Just One Person
When you draft your subject line and message content, it’s natural to think of the thousands of people who are about to receive it.

However, it’s far more effective to write as if speaking to an individual person, with a personal subject line and a personalized message.

To write this way, you’ll have to really know your buyer persona. You need to understand their problems, their desires, their values, their likes, and their dislikes.
If you are having trouble with this, send out an email survey asking for a quick five-minute chat.


6. Write Like a Friend
When writing your emails, put your corporate hat to the side and write like a friend. This is the only way to really appeal to your subscribers and get them to open and click your emails.


For example, a corporate phrase like, “We’re offering savings to our customers!” comes off as distant and stuffy.


A more friendly alternative could be something like, “you’ve gotta check out this deal…”


That makes the email seem a whole lot more personal and makes it less likely that your recipients will simply delete your message and move on.


Remember: in this age of information, everyone is looking for a reason to ignore your emails. They aren’t looking for a reason to read them. But if you appeal to them on a personal level, you’ll stand a better chance of getting that email opened.



7. Write Amazing Content, Every Time
You may be thinking that when a subscriber opens your email, you’ve essentially won the battle. However, the actual content of your email also plays an important role in your open rate.

Here’s why: if your subscribers are happy with your content, they are more likely to open your emails in the future. They may even begin to eagerly anticipate your emails. Conversely, if a subscriber is displeased with what they got in your email, they probably aren’t going to open your emails again, and they may even unsubscribe.


So how do you make sure your subscribers are happy with your email content? Simple: make it awesome.


Related post: Get The Active Email Database Of High Networth Individuals In Nigeria With Free Bulk Email Sending Tool


9. Optimize for Mobile
Mobile email accounts for 67% of all email opens, depending on your target audience, product, and email type. You simply can’t afford to ignore your mobile users, you have to appeal to them.

Make sure your email is responsive with easily loadable media. Also consider the fact that mobile screens are smaller, so long subject lines may get cut off on mobile devices.

Here are some more tips for appealing to mobile users:

Keep the formatting simple (single-column), under 600px wide.
Use a larger font. Small fonts are difficult to read on mobile.
Don’t assume images are being displayed (Android turns images off by default). Make sure it looks good without them.
Use smaller images to reduce load time.
Use a large call-to-action button. Larger buttons are easier to tap with a thumb.
Don’t place two links next to, or on top of one another. That way, the user won’t tap the wrong one by accident.
All of these tips can help any campaign get better open rates, but don’t get discouraged if you don’t see a turnaround right away.


Email marketing is an art and science, so give yourself some wiggle room to experiment and find what tactics work best for your business and your subscribers.


If you need more help with increasing your email open rates, Click Here To Read