7.0 magnitude earthquake strikes Haiti

A 7.0 magnitude earthquake struck off the coast of Haiti on Saturday, the U.S. Geological Survey said.

From The Archves: A Conversation With Kenny Rogers

A conversation from The Diane Rehm Show archives with pop and country super star Kenny Rogers. In a 2012 interview, he reflected on his challenging childhood, aging, and his 50 years in music.

The post From The Archves: A Conversation With Kenny Rogers appeared first on Buy It At A Bargain – Deals And Reviews.

Walking the line: Bears must perform delicate balancing act with Justin Fields

The Bears are tasked with getting Fields experience and keeping him healthy on the field.

The post Walking the line: Bears must perform delicate balancing act with Justin Fields appeared first on Buy It At A Bargain – Deals And Reviews.

A Beginner’s Guide to Email Marketing

It may be one of the oldest forms of digital communication, but email still reigns supreme when it comes to usage.

Sure, there are other newer methods of communicating with your audience and customers. Communication methods like social media, live chat, and many others. However, with a user base of over 4 billion people, email is the king of marketing channels.

Additionally, email marketing has an ROI of $38 for every dollar spent, meaning it deserves a place in every marketer’s toolbox. 

Email marketing is still ranked as the most effective marketing channel, beating out social media, SEO, and affiliate marketing.

Why is that? With all the hype over new channels, why is decades-old technology still one of the most effective marketing strategies?

Despite the rise of social, people use email more than other platforms. After all, what’s the good of marketing to someone if they’re not there?

Data shows that most people are on email—and the number increases every year.

Number Of Email Users Worldwide - email marketing is effective because so many people use email

In addition, with email marketing you own the connections—you don’t have to worry about algorithm changes tanking your reach.

That’s why building a successful email marketing campaign is more important than ever.

There’s a problem—most people don’t know how to do it right. (In fact, you’ve probably seen those people in your email box.)

This post will walk you through tips and strategies for executing impactful email marketing campaigns.

What is Email Marketing?

Email marketing is the act of sending promotional messages to people in mass quantities. It typically is to generate sales or leads and it may contain advertising.

Remember: You’re a Guest in Their Inbox

People are inundated with interruptions, pitches, and advertisements everywhere they look.

Though you might think your email is special. To the reader, your email is one in a million—and not in a good way.

This is why it’s important to remember where you are and use good manners.

Getting into someone’s inbox is like being invited to their home for dinner. If they ask you to take your shoes off, you respectfully do so.

It’s the same with email marketing, so before we begin I’d simply like to remind you to be on your best behavior at all times and remember… you’re a guest in their inbox.

Now, let’s talk about how to build your email marketing strategy from the ground up.

How Does Email Marketing Work?

Email marketing is one of the top-performing strategies, in no small part because it’s fairly intuitive and often automated.

In its basic form, an effective email marketing campaign requires three essential elements:

1. An Email List

For you to pull off successful email campaigns, you need an active email list. This is a database of email contacts who have expressed interest in receiving marketing communications from your brand.

There are many ways to build an email list. One of the easiest is to create a lead magnet (also called an offer) your target audience is interested in, like a coupon, in exchange for their email addresses.

2. An Email Service Provider

An email service provider (ESP), also known as an email marketing platform, is software that helps manage your email list. It also helps design and execute automated email marketing campaigns.

Using an ESP allows you to automate actions triggered by your target audience’s behaviors. These enable you to personalize each interaction with them, meaning engagement and conversion rates generally improve.

3. Clearly Defined Goals

You can use email marketing to achieve many business goals. For example, you can use email marketing to:

  • drive sales
  • boost brand awareness 
  • generate and nurture leads
  • keep customers engaged
  • increase customer loyalty and lifetime value

To execute an effective email marketing campaign, your email list, ESP, and goals must align. Then, you can get to work.

The first step is to segment your email list according to subscriber demographics or actions.

Next, create an email or series of emails designed to get consumers to do something (your goal).

Finally, use your ESP to send emails and monitor the campaign automatically.

Advantages and Disadvantages of Email Marketing

Just like any other marketing channel, email marketing has pros and cons. Let’s briefly dive into some of the more significant ones:

Advantages of Email Marketing

Email Is Permission-based

When a customer trusts you with their email address, it’s the virtual equivalent of being given the keys to their house. Gaining permission to enter rather than showing up uninvited increases the chances of engagement and conversion.

Affords You Direct Access to Your Audience

You can communicate directly with subscribers on their schedules. In addition, because people check their emails daily, your email is likely to be viewed.

Gives You More Control

With most other marketing platforms, you don’t own the platform. If the platform ceases to exist, all your hard work sinks with it.

With email, you own the relationships you forge with your subscribers.

More Personalization Capabilities

You can use demographic or psychographic data to create personalized and hyper-targeted campaigns. Research shows segmented and personalized campaigns increase revenue by as much as 760 percent.

Measurable

Measuring the effectiveness of a marketing campaign is crucial, and automated email marketing makes measuring your campaign a breeze.

Scalable

Email marketing campaigns can scale without putting a strain on your resources or compromising quality.

Disadvantages of Email Marketing

Tough Competition

Standing out in a cluttered inbox can be quite a challenge. You have to be creative to ensure your emails get noticed and opened.

You Need an Email List

With email marketing, you must already have an email list for your campaigns to be effective.

Tricky Rules and Regulations to Navigate

There are a lot of rules governing the use of email for commercial purposes. Common examples include GDPR, CAN-SPAM, and CCPA. All of these state you can’t send unsolicited emails.

Unfortunately, some subscribers also report your emails as being spam even after they subscribed to the list. As a result, your sender reputation takes a hit.

Delivery and Deliverability Issues

Getting your email to land in receivers’ inboxes is not guaranteed. To run effective email marketing campaigns, you must contend with delivery and deliverability issues.

Email Marketing Examples

Let’s briefly look at a couple of email marketing examples for a bit of inspiration.

Teaonic

Teaonic is an e-commerce brand specializing in organic, healthy teas.

Subject line: Getting Low On Wellness?

Teaonic email marketing

What does this email get right?

  • Great subject line: The subject line focuses on the target audience’s main pain point, i.e., improving their health.
  • Leverages color psychology: The bright, warm colors trigger feelings of health and happiness.
  • Well-timed: The email is targeted at people who have purchased the product and is sent when the customer’s supply is about to run out.

Bluehost

Well-known for its hosting services, Bluehost decided to try its hand at creating a website builder.

Subject line: Bluehost’s new Website Builder makes building simple.

Email Marketing Examples - Bluehost
  • Sells the benefits, not features: Focusing on the benefits makes the copy more compelling.
  • Clean design: The simple design makes the email aesthetically pleasing and easy to read.
  • Excellent targeting: Bluehost knows their audience is mainly made up of small business owners without technical expertise. The email uses language targeted at this demographic.

How to Automate Your Email Marketing

While the automation process varies from one ESP to another, there are some universal steps to automating your email marketing.

Define Your Segments

Effective email marketing campaigns start with list segmentation. Use the data you have about your subscribers to group them. This allows you to create more personalized campaigns.

Design an Efficient Workflow

After segmenting your email list, it’s time to design a workflow. This is the series of emails to fulfill the objective of the campaign.

Determine the Right Triggers

Once you’ve designed your workflow, determine the triggers that will set off the following email in the sequence. Examples of triggers can include customers opening your email, clicking on a link, or not opening it at all within a predetermined time frame.

Best Email Marketing Strategies

To succeed with email marketing, you have to be strategic in the way you design your campaigns. Here are some of the best email marketing strategies you can employ.

Use the Right List Building Strategies

The success of your email marketing campaigns depends on the quality of your email list. To build such a list, you must use list-building strategies designed to attract your target audience. For example, a case study promoted on LinkedIn may help a B2B brand build a list of engaged subscribers but flop when used by a B2C brand.

Practice Good Email List Hygiene

Another essential email marketing strategy is practicing good email list hygiene. Cleaning out inactive subscribers and email addresses that are no longer in use will ensure you have a good sender reputation.

Keep Your List Warm

Regularly send emails to your list to keep your subscribers engaged (warm). However, sporadic emailing could result in subscribers forgetting who you are and lead to low conversion rates.

If some of your subscribers go cold, you can run a re-engagement campaign.

Focus on One Objective

Design each campaign and email to focus on one objective. Trying to kill two (or more) birds with one stone doesn’t work with email marketing. It only confuses your audience and reduces your conversion rates.

Define and Track the Right KPIs

Email marketing is more than sending your subscribers a couple of emails. It also entails tracking the performance of your campaigns. To do so, you must define and track the right key performance indicators (KPIs).

Top 7 Email Marketing Tools Every Marketer Should Know

To pull off a successful campaign, you need to leverage email marketing tools to optimize your processes. Here are the top seven you should know:

Email Service Providers (ESP)

One of the most critical email marketing tools you need is an ESP. Some top ESPs are:

  • Constant Contact: This is best for e-commerce email marketing campaigns, thanks to features like automated product recommendations and shoppable emails. Plans start at $20/month.
  • Sendinblue: Sendinblue is best for small businesses running simple email campaigns. It has a rich feature set with a CRM, live chat, and SMS, among others. Plans start at $25/month.
  • Pardot: B2B email campaigns require a platform specifically designed for the B2B buyer journey. Pardot fits the bill perfectly. However, to build high-growth email campaigns with Pardot, be prepared to part with at least $1,250/month.

Deliverability Tools

Email deliverability refers to the ability of an ESP to place emails in your receivers’ inboxes successfully. The wise email marketer will have an email deliverability tester in their toolbox. Here are some of the top ones:

  • MailGenius: MailGenius inspects your emails for possible spam triggers. You can use it to run deliverability tests to ensure your emails reach their intended recipients’ inboxes. MailGenius is a free tool.
  • GlockApps: GlockApps shows your delivery results in real-time, including whether your email landed in the Inbox, Spam folder, Gmail’s Promotional or Social tabs, or if it was never delivered at all. Personal accounts are free, and prices go up from there.

Testing and Tracking

Testing and tracking the campaign performance helps you create optimized iterations of your campaigns. Which email marketing tools are best for testing and tracking?

  • Litmus: You can use Litmus to test and track your emails in traditional web clients and popular mobile devices.

Email Personalization Tools

Take your personalization game beyond just using your recipients’ name by using a personalization tool.

  • Hyperise: When it comes to personalizing email marketing campaigns, no tool does it better than Hyperise. It helps you add dynamic, personalized images to each of your emails, including profile images from social media platforms.

How to Write Email Marketing Copy That Drives Results

Whatever your email marketing goal is, it all hinges on email marketing copy.

How to Write Email Marketing Copy that Drives Results

That’s why you must write yours well. To do that:

Know Your Audience

The first step to crafting compelling email marketing copy is knowing your audience. This will help you better segment your list and create hyper-targeted email copy.

Craft a Hard-to-Ignore Subject Line

The subject line is one of the most important elements of email copy as it helps readers decide whether to open your email. To craft a hard-to-ignore subject line:

  • use keywords
  • make it benefit-driven
  • use active voice
  • personalize as much as possible

Get the Preview Text Right

Email preview text appears immediately below or beside the subject line. Limited to a maximum of 140 characters (email client dependent), it acts as an elevator pitch to convince people to open your email. An optimized preview text is an extension of your subject line and reinforces your value proposition.

Make It Easy to Read

People are busy. That’s why you should write your email copy so it’s easy to read and understand. Do this by:

  • using short sentences and paragraphs
  • avoiding jargon and complicated words
  • using bullet points

If your readers find your emails easy to read, they’ll likely engage with them more.

Leverage Storytelling

Stories are a powerful way to grab attention and get your message across. That’s why you should leverage storytelling in your email copy.

Use Psychology to Your Advantage

Human beings are wired to react in specific ways. Use psychological triggers to direct your readers towards fulfilling your campaign objectives. Examples of such triggers include:

  • fear of missing out (FOMO)
  • color psychology
  • social proof

Used well, these triggers can help you craft email effective copy.

Email Marketing Step 1: Build Your List

Before you can start sending out emails, you need people to send emails to. How do you get started building your list? Start by adding a banner or form to your website simply asking people to subscribe.

Then, follow these tips.

1. Offer An Incentive

Think of email addresses as a currency: you wouldn’t give money away for free, right? Offering an incentive is the simplest way to gather email addresses.

There are many ways you can do this, of course. Some prefer to give something away for free while others simply offer a newsletter or product updates.

For example, the business newsletter Morning Brew offers readers a simple benefit: their fun, interesting updates every morning.

Email Marketing Opt-in Example From Morning Brew

Search Engine Journal uses a small form in their right sidebar offering daily news—they also ask which topics the user is interested in, which helps them send more valuable content.

Email Marketing Opt-in Example From Search Engine Journal

You can also offer a checklist, ebook, white paper, or another downloadable asset. Contests and giveaways are another great way to convince people to share their email addresses.

I can’t tell you which is the right or wrong path for your business, but I can tell you that it’s important to have a clear purpose when asking for an address.

This is where a strong call to action comes into play, and copywriting is super important.

Establish your credibility, explain what the emails are for, and get people interested in receiving them.

Simply posting “enter your email for updates” isn’t going to get anyone excited. Instead, share specifics.

By sharing a specific call to action or benefit to providing their email address, you can get more people to subscribe.

Some common ways to entice people to sign up include:

  • email series
  • free downloads
  • free white papers or eBooks
  • update lists, like new releases and product updates

Whatever that incentive is, make it clear and enticing, and don’t be afraid to promote it.

2. Follow Email Marketing Laws and Regulations

You’ll also want to make sure your emails follow local rules and regulations, including CAN-SPAM and GDPR.

Don’t let all the legalese scare you—just make sure you never buy email lists and consider using double opt-in options so people know what they are getting into. Finally, make it easy for people to unsubscribe.

Email Marketing Step 2: Provide Great Content

Email marketing is all about expectations, and it’s up to you to set them.

If your call to action is strong, and your follow-up is consistent, then you can count on a successful email campaign.

However, if you promise to send one email per week and instead send them daily, then you’re setting yourself up for failure.

On the contrary, if someone is expecting daily updates or critical product updates and you don’t deliver, then they are likely to be just as upset in that case, too.

This is why the first follow-up email is so crucial to the success of your email marketing efforts.

Send an Introduction Email

For example, here’s a basic welcome email from Airbnb to a new host. It explains the basics of the process and what you can expect to receive from Airbnb.

Spotify sends out a similar email that confirms the subscription and lets them know what they can expect.

Spotify Email Marketing Welcome Email Example

Almost all email service providers give you the option to create an automated welcome sequence, so take advantage of it.

The initial follow-up email should be sent immediately as a way to introduce yourself and detail what you plan on doing with your new subscriber’s email address.

It’s better to be long-winded and detailed than it is to be quick and unobtrusive, but if you can pull off quick and concise, then more power to you.

From here, it’s simply a matter of living up to their expectations.

Don’t Pitch Right Away

You’re not running an email list just for the fun of it—you’re there to engage customers and make sales.

Transitioning from an email list that provides tons of free value into a list that pitches a product for money can be a tricky switch to make.

To do it effectively, it’s a good idea to think in advance about your pitching. You don’t want to surprise everyone with a pitch all of the sudden.

You’ll have a much more successful campaign if people expect sales pitches every once in a while.

If you’re going to get in the habit of selling often, try to put yourself in the reader’s shoes.

Ask yourself if your messaging is consistent with the expectations you’ve set. If possible, understand what the customer has shown interest in before, and send similar offers down the line.

Those that send blind offers are far more likely to lose permission to keep doing so.

Again, each business has different needs, and there aren’t any hard and fast rules as to how often you can pitch or provide content.

Just remember that an email list is a permission asset and it’s better to err on the side of caution than to play it loose and reckless.

How to Write a Great Email Newsletter

Let’s talk about the difference between a good newsletter and a bad newsletter.

The first sign that you’ve received a bad newsletter is that you don’t recall ever asking to receive it.

Typically, this happens when a business either fails to maintain a regular email routine or manually adds someone to their list after receiving a business card or personal email.

Make sure everyone remembers you—the best way to do this is not to let your emails lapse for too long. Try to send an email at least once a month, or once a week if you can.

I find the most compelling newsletters are those that do a great job of mixing messaging and updates.

For example, while the email might contain a list of product updates and images, it’s balanced by a personal message or friendly memo.

Use your newsletter as a way to further your relationship with the reader/customer rather than to pitch them.

Save the pitch for unique updates, offers, and announcements.

Use Email Automation Carefully

If you’re just starting out with an email list, it’s easy to imagine you’ll have time to personally respond to every new subscriber.

Once you start getting more than a handful of subscribers, it becomes next to impossible to keep up.

You’ll start to get more and more complex campaigns, and following through with everyone all the time is impossible.

Top marketers seem to do this exact thing. How?

Their secret is email automation.

It automatically sends out emails that you schedule in advance.

By scheduling a set of emails to send in advance, you can prevent “going dark” for any length of time.

Oftentimes, companies plan out a series of emails—ranging from a few days to a few months—that automatically deliver, warming up anyone who signs up for your list.

That way, when you do need to announce a new product or sale, you can count on the fact that they are paying attention.

Since you’ve built up a relationship over several weeks or months, you’re much less likely to annoy your readers.

Email Marketing Step 3: Analytics and Segmentation

Now that you understand the basics behind an effective email campaign, let’s talk about how to take things to the next level.

Specifically, using segmentation and analytics to refine your broadcasts and generate even better results than a basic campaign.

How To Understand Email Analytics

We’ve talked before about the importance of analytics in web copy, and email is no different.

Every email service provider I’ve ever worked with provides complimentary analytics.

Though they’re all important, the three most important are open rate, click-through rate, and unsubscribes. Let’s break down each one and see what there is to learn from it.

First, your open rate explains how many people open your emails. It’s based on a single invisible tracking pixel that loads when someone clicks on your message.

When looking at open rates, it’ll usually tell you how well you’ve built your relationship with readers. Ideally, people are excited to read your emails and open them quickly.

If your open rate is low, it usually means you have a lot of unengaged subscribers. You need to work harder on providing value and managing expectations. Here are a few tips on raising your open rate.

Next, your click-through rate, or CTR, shows how many people clicked on a link (if any) in your email.

If your CTR is low, it means that your message is either not targeted enough, or simply not getting through. In this case, focus on improving your copy.

Finally, your unsubscribe rate tells you how many people have clicked the “unsubscribe” button at the bottom of your email.

If your unsubscribe rate is high in relation to your opt-in rate, then you’ve passed the point of building value and writing good copy… you’ve got some serious work to do.

Essentially you’ve built a sieve and people that sign up eventually leave. If this is you, try to examine when people are leaving and take action based on those leaks.

If they’re leaving after a certain automated email, then re-work it. If they’re leaving after marketing messages, then re-work the way you present offers.

If they’re leaving early on in your email funnel, then you need to fix your original call to action so that it’s in harmony with what you’re sending.

Email analytics are critical because, if you’re paying attention, they’ll give you very specific clues as to what you’re doing wrong.

Of course, the key here is “paying attention.”

How To Segment Your Email Marketing List

If you’re unfamiliar with the term, email segmentation is the practice of splitting up your email list into more targeted groups.

Here are a few ways to segment a larger list:

  • customer list (in comparison to leads who haven’t bought)
  • newsletter subscribers
  • daily email list (in comparison to weekly, bi-weekly, monthly, etc)
  • demographics, such as age, location, or job title
  • interests, such as marketing or sales topics

Just like targeting in paid ads, dividing your list gives you the ability to send more targeted communications.

For example, some customers want both product and sales updates, while others might only want to hear about new versions. Sales team leads might want to hear about a new sales feature but not a new marketing tool.

Plus, you can send specific emails to buyers thanking them for their purchase, like this email from Chrome Industries thanking people for making a purchase.

Email Marketing Thank You Email Example From Chrome Industries

With segmentation, you can send a broadcast only to those that didn’t open your last message (ask them why), or to those that showed interest (a second pitch).

You can also split test messaging amongst different groups to A/B test titles, content, or best practices.

As you can see, segmentation isn’t rocket science, but it is work, which is why most don’t take the time to do it right.

If you do, you’ll immediately separate yourself from the pack.

How Much Is Your Email List Worth?

Your email list is one of your most valuable resources, and if you learn how to treat it right, it will pay for itself many times over.

Over time, you can start tracking how much money people on your list spend on average. This will tell you how much your list is worth.

If a list of 10,000 people usually spends $50,000 on a campaign, and you run two of those campaigns each year, you could average it out and say that each subscriber is worth $10 a year.

When you do the math like that, it is easy to see how losing several hundred subscribers could be dangerous to your bottom line.

Email Marketing FAQs 

What are the benefits of email marketing?

Email marketing can help businesses reach a wider audience, drive sales, recover abandoned carts, and further develop your relationship with your audience.

How do I build an email list?

You can offer a downloadable asset, host a giveaway, or provide a free email course.

What email marketing regulations are there?

CAN-SPAM and GDPR (for Europe) require you to protect user’s privacy and avoid sending emails to purchased lists.

What is email automation?

Email automation allows you to create complex email campaigns that send emails based on actions, such as when a subscriber adds an item to their cart or downloads an asset.

How do I segment my email list?

Use your email tool to split subscribers based on demographics, interests, or customers versus non-customers. Then, send customized messages to each segment.

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Email Marketing Conclusion

If you’ve been ignoring email marketing, it’s time to reevaluate your strategy.

Email marketing delivers huge returns for marketers willing to learn how to do it right. It doesn’t have to be too complicated.

First, remember you’re a guest in the inboxes of your subscribers. Your emails are always just one click away from losing their interest forever. Be polite, respectful, and deliver value.

As you get started, you’ll need to ask permission. Of course, it’s the right thing to do. In the era of new data protections, like the EU’s GDPR, it’s also a legal requirement.

You’ll want to follow through with the promises you make. Provide people with what they’ve asked for and email regularly to line up with their expectations.

There’s no formula for boosting email automation. It’s all about what works best for you and your company’s voice and style.

Finally, you can move on to email segmentation and analytics once you’ve mastered the basics. Start sending separate types of emails to different groups of people so you can deliver more useful emails.

What email marketing practices keep your readers engaged?

New comment by stezhu in "Ask HN: Who wants to be hired? (August 2021)"

– Location: Vancouver, Canada

– Remote:Yes

– Willing to relocate: Yes

– Technologies: Python (3yr), SQL(2yr), R(1yr), Stata(3yr), Tableau(2yr), Jupyter, LaTeX, CSS, JavaScript

– Résumé/CV: https://1drv.ms/b/s!Ar1eUasxvZfwgbQAZHOHzx92wPyzqw?e=2iMMHs

– Email: stezhu@gatech.edu

I am currently undertaking my master’s degree in analytics, and looking for a 4-8 month data science internship. I have previous experience in data analytics and machine learning, and am looking to help businesses make data driven decisions!

Enso (YC S21) is hiring a senior Rust/WebGL developer

Article URL: https://www.ycombinator.com/companies/enso/jobs/5AhkHFF-senior-rust-developer Comments URL: https://news.ycombinator.com/item?id=28152952 Points: 1 # Comments: 0 The post Enso (YC S21) is hiring a senior Rust/WebGL developer appeared first on Get Funding For Your Business And Ventures. The post Enso (YC S21) is hiring a senior Rust/WebGL developer appeared first on Buy It At A Bargain – Deals And Reviews.

Sec. Mayorkas says border crisis 'unsustainable' and 'we're going to lose' in leaked audio

Homeland Security Secretary Alejandro Mayorkas met privately with Border Patrol agents in Texas and said in leaked audio that the border crisis is “unsustainable” and “we’re going to lose” if “borders are the first line of defense.” 

5 Reasons to Start Adding Tradelines to Your Credit Reports

Your business credit report needs tradelines.  Not just one or two either. The truth is, you need to start adding tradelines to your business credit reports, and here’s why.

Top 5 Reasons for Adding Tradelines to Your Credit Report

Your business credit report reflects the creditworthiness of your business. It is not connected to you personally.  As a result it needs to have business tradelines reporting to it. Why?

1. It can help establish a business credit score. 

Your business credit is separate from your personal credit. For one, you have to be intentional about building it. Not all vendors will report payments to your business credit report.  That means, you need to add tradelines that do.   You’ll likely need help with this from a business credit expert, as most vendors do not make publicly known whether they report or not. 

2. It establishes a PAYDEX score with D&B.

You need tradelines on your business credit report to establish a PAYDEX with Dun & Bradstreet. They are the largest and most commonly used business credit company. So obviously, having a PAYDEX is important. D&B says you only need two.  However, many report that in their experience it took 3 tradelines reporting to establish a PAYDEX.  

Check out our best webinar with its trustworthy list of seven vendors to help you build business credit, even in a recession. 

3. It can help raise your business credit score.  

Remember, this only works if you pay on-time. However, if you do, the more the merrier.  When you add tradelines to your business credit report, and handle them responsibly, you are only helping your business credit score grow.

4. Adding tradelines to your credit report is a way to build business credit without good credit.

Tradelines break the vicious cycle of “you have to have credit to get credit.”  They typically do not take credit into account for approval. Rather, they look at other things to determine credit worthiness like time in business,  business revenue, and business bank account balance. 

5. Strong business credit is essential to running a strong business and protecting your personal credit.

And as we said, you need tradelines to establish business credit, let alone build it. Business credit allows you to fund your business without jeopardizing your personal credit.  

Bonus: Buying Business Tradelines Won’t Help You

Buying tradelines basically involves buying tradelines someone else has been using and putting it on your credit report. While it is not technically illegal, it is definitely frowned upon.  If a lender figures out that you may be using business credit that you did not actually build yourself, you could be blackballed and lose any advantage you thought you were getting by buying tradelines. So don’t do it.

Adding tradelines to your business credit report is necessary. It is how you establish business credit in the first place. Then, it’s how you continue to grow it to a point that you can apply for other types of accounts. For example store cards, fleet cards, and business credit cards that can be used anywhere for anything require strong business credit. A strong business credit score will help you get better terms and rates on business loans and lines of credit as well.  This is true even though they will check personal credit also.  So, the sooner you work on this the better. Get started now.

The post 5 Reasons to Start Adding Tradelines to Your Credit Reports appeared first on Credit Suite.

Specifying Bull as well as Bear Markets

Specifying Bull as well as Bear Markets

You might listen to a selection of strange expressions utilized to explain the tasks of the supply market if you pay attention to much economic information. Possibly 2 of the a lot more complicated of these are the terms “advancing market” and also “bearish market” … while these terms are detailed of significant patterns throughout the marketplace, if you’re not exactly sure what they imply then that details does not do you a lot of great.
To aid you understand the bulls and also the bears, this write-up puts together interpretations of each kind of market along with what they imply to capitalists as well as their financial investments.
Bull Markets
An advancing market is the term that’s made use of to define a positive market, or one in which the rates of supplies and also various other safeties remains to increase. Significant capitalists are generally greater than going to make brand-new financial investments in an advancing market due to the fact that they are moderately certain that they’ll have the ability to gain an earnings on their financial investments as a result of the market-wide fad of development as well as development.
What an Optimistic Market Means
Primarily, a confident market suggests that the economic situation is succeeding which individuals are extra going to invest their cash on financial investments in firms that they rely on. Throughout a confident market, numerous lesser-known firms start to flourish due to the fact that they share something alike with their popular equivalents; in some cases it’s just remaining in the exact same market as a well-performing business.
There is a great deal of cash being made with a positive market, it’s vital that you do not begin believing that it’s a warranty of success … the supply market is extremely unpredictable as well as liquid, as well as simply because big parts of it appear to be doing well this does not imply that some areas can not start to go down in worth without caution.
On several events hopeful markets finish due to the fact that capitalists are synthetically pumping up the rate of lots of supplies with duplicated financial investments, and also when the supply is uncovered to be worth much less than what individuals are spending for it the marketplace changes from huge quantities of purchasing to fantastic sales of supplies and also various other safeties.
Bear Markets
The reverse of an advancing market, a bearish market is the term that’s made use of to define a downhearted market. Rather than climbing, a downhearted market sees the procedure of supplies and also various other safety and securities hanging back or dropping outright. Numerous significant capitalists are reluctant to make brand-new financial investments in a bearishness, due to the fact that they recognize that there’s a great chance that rates will certainly drop also reduced because of the market-wide pattern of dropping rates as well as lowered revenues.
What a Pessimistic Market Means
In contrast to a positive market, a downhearted market normally suggests that the economic situation is refraining from doing also which individuals are much less happy to invest their cash on financial investments or anything that they do not actually require. Throughout a cynical market, lesser-known firms often tend to have a hard time to survive as well as also bigger business have a tendency to need to make lowerings or dismissed workers till the economic situation gets once again.
It’s essential to bear in mind that though the rates of many supplies are decreasing in a cynical market, it’s still feasible to generate income … specifically in lasting financial investments. Numerous firms will certainly recoup from downhearted markets to reveal record earnings in the complying with years, as well as supply costs will certainly increase significantly.
Purchasing shares when the costs are reduced can appear high-risk sometimes, however in a lot of cases will certainly show to be rather successful down the line ought to you stick to the financial investment as well as come through the financial difficulties.

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10 Social Media Tips for Restaurant Marketing

If you own a restaurant and aren’t leveraging social media, you are missing out. 

Think about this: you can reach thousands, if not millions, of viewers using popular restaurant marketing hashtags like #foodporn and #foodphotography.

Platforms like Instagram and Facebook let you upload attractive images with location tags, making them ideal for restaurant marketing. 

After all, who doesn’t enjoy looking at delicious food pics when they’re scrolling through their feed? 

The restaurant marketing hashtag #foodporn has 268 million posts.

Most social media platforms are free, and if you use effective marketing strategies, promotions and advertising can be free (or cheap) as well. 

This article will help you understand how to use your existing resources and create a strategic restaurant marketing plan to grow your digital reach. 

First, let’s talk about why social media is a crucial tool for restaurant marketing. Then we’ll discuss how to stand out from your competitors and find the most effective social media marketing techniques for your business. 

Why Is Social Media Important for Restaurant Marketing? 

Using smart social media strategies for restaurants may sound like a lot of work, but the effort will pay off.  If you’re not convinced it’s worth the effort, here are a few reasons why social media is important for restaurant marketing:

  • Brand awareness: More than 3 billion people use social media. You can post pictures of your restaurant, upload videos of cooking new dishes, highlight behind-the-scenes/facts about your business, etc. to reach the ever-growing audience on social media. 
  • Engage with user-generated content: The interactive nature of social media platforms lets you increase engagement by sharing user-generated content (UGC). This can include photos of people eating at your restaurant, graphics featuring testimonials, or stories of how people found your restaurant. UGC encourages other users to visit, and share own content. 
  • Address customer concerns: Unhappy customers tend to take their concerns to social media. This is an excellent opportunity for you, as a business owner, to reach out and solve their problem. It’ll earn you good press and build a positive reputation while increasing customer loyalty.
  • Get feedback: Use social media to start a healthy discussion and get useful feedback. Ask customers what they’d like to see changed, what new menu items they’d love, or what specials would bring them back. 
  • Increase your reach: You can use location tagging on Instagram and Facebook to reach new customers living in and around your target geographical area. This can also attract tourists looking for a local spot to grab a bite to eat. 

10 Social Media Strategies for Restaurant Marketing 

Restaurant marketing through social media can hugely benefit your business, but how do you get started? 

Trending on social media and reaching the right users can be tricky as algorithms keep changing, but using the right strategies can help you grow your audience and increase foot traffic. Here are the top restaurant marketing techniques to get you started. 

1. Create a Cohesive Brand Voice

If you have a large team managing your social media pages, it can be difficult to maintain a consistent brand voice. Marketing teams that employ different people to manage each social media page may end up with a scattered “style.” 

If you upload funny tweets from your restaurant marketing account but maintain a serious tone on LinkedIn, you risk confusing the customer. They may wonder: is this the same brand? 

Research shows consistent branding across different social media platforms can boost your revenue. 

How do you ensure a cohesive brand voice for restaurant marketing on social? 

  • have a style guide for all team members to use
  • post images with a similar color theme 
  • write your captions with a consistent tone of voice
  • if you use humor, ensure it translates well across different social media platforms. 

2. Optimize Your Bio on Each Social Media Platform

Imagine you do everything right. You upload attractive high-resolution pictures, use trending hashtags and geotag your posts for increased reach. 

Customers see your post, and they’re intrigued. They decide to contact you for a reservation, but they can’t find any phone numbers, emails, or location information because you forgot to include it on your social media page. 

This happens more often than you’d think. As you can guess, it’s counterproductive. 

The main goal of restaurant marketing is to drive customers to your restaurant. If you don’t include the necessary information, you can lose out on valuable sales. 

Here’s a checklist of information you can keep in mind before hitting publish.

  • location(s) address
  • phone numbers
  • email address
  • map/directions from popular landmarks
  • restaurant information

Take Just Falafel’s Facebook page. You can see the phone number, email, address, and a map so it’s easier to find all the information potential customers may need. 

just falafel social media for restaurants example

Note: What’s necessary to optimize your Facebook page will differ from Instagram or Twitter page. Take a look at the settings, profile description options, and other users’ profiles to understand what you should and shouldn’t include. 

3. Use Social Media Tools to Monitor Brand Mentions

When users talk about your restaurant online, it’s like free marketing. You can use this to your advantage by commenting on or re-sharing their posts. 

Fortunately, there are dozens of free and paid tools available to make this easier for you. You can automate name and mention tracking to get instant updates whenever a customer (or a competitor) talks about you. 

Here are some options to help you get started:

  • Hootsuite
  • Google Alerts
  • Talkwalker
  • Reputology
  • Mentionlytics

4. Feature Behind the Scenes Content

Even the best of food pics can start feeling impersonal after a while. When this happens, revamp your feed and intrigue your audience by posting behind-the-scenes content. 

For example, look at Sandwich Hag’s Instagram post

Sandwich Hag’s restaurant marketing post highlights behind-the-scenes content

By sharing internal stories, their marketing team establishes a relationship with the audience. 

This works. 

In a study analyzing more than 10,000 responses, researchers found  55 percent of people find stories more persuasive than facts and data. 

You use this to your advantage by posting about what happens behind the scenes in your restaurant. 

Can you post a special story about a particular dish? Can you post pictures of your staff working? Can you share fun facts about your team? Think about how you can offer a personalized feed to your audience. Remember, most users head to social media to be entertained, so make sure to keep their interest. 

5. Promote Seasonal Menu Items

Restaurant social media marketing is ideal when you’re launching new dishes or promoting seasonal menu items. People enjoy novelty. In fact, studies show humans crave newness

You can use this principle to promote special items on your menu. 

Posting about a new menu can work as an effective restaurant marketing strategy

Every time you change your menu or introduce new ingredients to your regular dishes, talk about it on social media. Use your business’ novelty as a focal point for restaurant marketing. 

6. Post Employee Spotlights

Just like Sandwich Hag posted about their employees to offer a peek into the restaurant’s behind-the-scenes, you can dedicate special posts to highlight your employees. 

There are many ways to do this: 

  • Post a picture of your employees when they achieve something (graduation, wedding, birth of a child, etc.) 
  • Share a special Facebook post highlighting who they are, what they do, and how your audience can support them. For example, you might share a profile on your chef, including where they’ve lived and studied and how they’ve impacted your restaurant. 
  • Introduce new employees so long-time customers can welcome them. 

7. Share User-Generated Content

One of the best ways to grab user attention is to post something created by them. Open any social media app and you’ll see hundreds, maybe thousands of people tagging brands in their posts. 

Not all of these are sponsored. 

People love sharing their experiences online. If they visit your restaurant and post a picture on their social media feed, re-share it. It’s free restaurant marketing for you and a spotlight opportunity for them. It also helps establish trust with people who might consider visiting. 

You can share user-generated content in many forms. 

  • re-share user photos taken in your restaurant
  • ask users to leave video testimonials for your restaurant 
  • publish feedback and other kind words offered by frequent visitors

8. Engage With Users – Both Positive and Negative Feedback 

Most restaurant marketing teams are happy to respond to positive comments but tend to ignore the negative ones. This is understandable, but it can harm your restaurant marketing. 

When someone talks about your restaurant, others can see their post, too. You can’t make them delete their post, but you can diffuse the situation by responding kindly. In fact, negative reviews can be a good thing—it shows other users you care about their experience and will go the extra mile to solve issues. 

Understand their concerns, see what they have to say. Did they have a bad experience because something was wrong with their food? Were they expecting a particular type of service you didn’t know about? Do they feel your food is too expensive?

Paying attention and responding to user comments helps you understand how to serve your customers better. 

The best part? It also makes you look responsive and approachable. Plus, it boosts user engagement, so your posts can reach more users. It’s a win-win. 

9. Work With Influencers

Influencers and micro-influencers have an eager audience ready to try something new based on the influencer’s recommendation. 

More brands are reaching out to influencers with various sizes of audiences to boost their brand awareness. 

If you’ve never done this before, here are some ways you can collaborate with influencers: 

  • Offer a free meal in exchange for a review.  
  • Offer a discount coupon for every customer they bring in. 
  • Pay money for custom content on their feed, often called sponsored posts. 

10. Use Promotions

Consider using paid promotions if you want to take your restaurant’s social media marketing to the next level. 

While paid ads might not be ideal for restaurants with tight budgets, seasoned entrepreneurs should experiment with paid campaigns for increased reach. 

Facebook, Instagram, Twitter, and most other social media platforms offer excellent tools for paid social promotions. You can identify your target audience, set up an ad campaign, and even define a fixed budget for the promotion to run. 

FAQs About Restaurant Marketing

Here are some of the most popular questions people ask about restaurant marketing. 

Can I promote my restaurant on social media for free?

Yes, many social media promotion techniques can be implemented for free. Strategies like using the right hashtags, posting user-generated content, and others outlined above can be executed with little to no money. 

Can social media marketing bring customers to my restaurant?

Yes. If you are armed with a powerful set of marketing strategies, you can reach your target audience and influence them to visit your restaurant. Conversion rates may vary by strategy, but social media marketing can help increase brand awareness. 

How can I promote my small restaurant?

The size of the restaurant has little to no influence on the effectiveness of the social media strategies you use. In fact, as a new business on the market, you have more opportunities to develop your brand voice and intrigue users looking to try something new. 

Which hashtags should I use for marketing my restaurant on social media?

Which hashtags should I use for marketing my restaurant To promote your restaurant on social media, use popular hashtags like #foodporn, #foodphotography, #foodgasm #mealoftheday, etc. You can also use smaller but relevant hashtags like #yummy, #delicious, #brunch, etc. on social media?

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Restaurant Marketing Conclusion

Restaurant marketing is an ever-evolving process. As you get used to interacting with customers online, you’ll encounter new strategies better suited to how your business operates. 

You can start using the strategies outlined above one by one to see what works and what’s not worth the ROI. You can also experiment with your own method to see what resonates with your audience. 

Whether you have a brand new restaurant in one city or operate a chain restaurant across the country, remember to focus on what your target audience enjoys. That will help you create an optimal restaurant marketing plan. 

Which restaurant marketing strategy do you think will work for your audience?