Reginald Chan

Category: Investment

  • 10 Facts About CRM That Business Owners Need To Know

    10 Facts About CRM That Business Owners Need To Know

    Customer Relationship Management (CRM) software is crucial for any business who wants to grow. For starters, a good CRM for business owners helps businesses keep track of their customers and identify potential new ones.

    If you are deciding if you should get a CRM software for your business, here are 10 facts about CRM that you should know.

    1. A CRM can help you keep track of your customers and potential new ones

    Instead of manually keeping track of your customers’ data, a CRM software can do it for you. This way, you can focus on other important aspects of your business. In addition, a CRM software can also help you identify potential new customers that you may have otherwise missed out on.

    2. A CRM can help you improve customer satisfaction

    By keeping track of your customers’ data and understanding their needs, you can provide them with a better overall experience. This, in turn, can lead to improved customer satisfaction and loyalty.

    3. A CRM can help you increase sales

    By understanding your customers better and providing them with a better overall experience, you can increase the likelihood of them doing business with you again. In addition, a CRM can also help you upsell and cross-sell to your customers, which can further increase your sales.

    4. A CRM can help you save time

    By automating tasks such as customer data entry and contact management, a CRM can save you a lot of time that you would otherwise spend on these tasks. This way, you can focus on other important aspects of your business.

    5. A CRM can help you save money

    By automating tasks and improving customer satisfaction, a CRM can help you save money in the long run. In addition, a CRM can also help you reduce the cost of customer acquisition and retain more customers.

    6. A CRM can help you improve your marketing

    By understanding your customers better, you can create targeted marketing campaigns that are more likely to be successful. In addition, a CRM can also help you track the results of your marketing campaigns and make necessary adjustments.

    7. A CRM can help you improve your customer service

    By understanding your customers better and providing them with a better overall experience, you can improve your customer service. In addition, a CRM can also help you resolve customer issues faster and more efficiently.

    8. A CRM can help you manage your data

    By keeping track of your customers’ data, a CRM can help you manage your data more effectively. This way, you can make better decisions about your business.

    9. A CRM can help you stay organized

    By keeping track of your customers’ data and automating tasks, a CRM can help you stay organized and on top of things. This way, you can avoid missing out on important opportunities.

    10. A CRM can help you grow your business

    By improving customer satisfaction, increasing sales, and saving time and money, a CRM can help you grow your business. In addition, a CRM can also help you scale your business more effectively.

    If you are looking for a CRM software for your business that doesn’t cost arm and leg for you and your team, be sure to check out ZappyCRM. ZappyCRM is a powerful CRM software that can help you with all of the above. With ZappyCRM, you can get started for free and scale your business more effectively with very little investment or start up cost of having a CRM.

  • Best CRM for Small Business Malaysia 2022

    Best CRM for Small Business Malaysia 2022

    Choosing the right CRM software for your business can be a complicated task. There are many different options available on the market, and each one has its own unique set of features. This can make it difficult to decide which CRM software is the best fit for your company.

    If you’re a small business owner, you might be wondering if a CRM system is even worth the investment. After all, you might not have a large sales team or a complex customer base. However, even small businesses can benefit from using CRM software. A CRM system can help you keep track of your customers’ contact information, purchase history, and preferences. This information can be extremely valuable when it comes to marketing and selling to your customers.

    There are a few things you should keep in mind when choosing a CRM system for your small business. First, you’ll need to decide which features are most important to you. Do you need advanced reporting capabilities? Are you looking for a system that’s easy to use? Do you need a system that integrates with your existing accounting software?

    Once you’ve decided which features are most important to you, you can start narrowing down your options. There are a number of different CRM software programs available on the market, so you should have no trouble finding one that meets your needs.

    Once you’ve found a few CRM systems that meet your criteria, you can start comparing them side-by-side. Pay close attention to the pricing of each system, as well as the features and benefits each one offers. With a little bit of research, you should be able to find the best CRM system for your small business.

    If you’re looking for a CRM system that’s easy to use, you might want to consider Salesforce. Salesforce is one of the most popular CRM systems on the market, and it offers a wide variety of features that can benefit small businesses. Salesforce is also very affordable, which makes it a great option for small businesses.

    Another great CRM system for small businesses is HubSpot CRM. This system offers a number of features that can help small businesses manage their customer relationships. In addition, HubSpot CRM is very easy to use, which makes it a great choice for those who are not familiar with CRM systems.

    PipeDrive CRM is another great option for small businesses. This system offers a wide variety of features, including advanced reporting and analysis tools. PipeDrive CRM is also very affordable, which makes it a great choice for small businesses.

    Besides that, Zoho CRM is another great option for small businesses. This system offers a wide variety of features, including a wide range of integrations. Zoho CRM is also very affordable, which makes it a great choice for small businesses.

    Last but not least, the new kid on the block is ZappyCRM. ZappyCRM is created to solve the biggest issue faced by the big boys in the market: Pricing. Before that, ZappyCRM is a newly launched CRM software for small business owners and has around 100+ happy clients including solopreneurs, small businesses (SMEs), and some large organizations. What makes ZappyCRM unique are:

    • Affordable pricing
    • Unlimited usage (you don’t need to pay additional for more services)

    As compared to the larger and branded CRM software in the market, the prices could range from $25 up to $5,000 a month. On contrary, ZappyCRM only costs a quarter or lesser than these brands.

    If you are looking for a reliable, powerful, and yet affordable CRM for small businesses, check out what ZappyCRM has to offer!

    These are just a few of the best CRM systems for small businesses. With a little bit of research, you should be able to find the perfect CRM system for your company. Remember, the right CRM system can make a big difference in the way you do business. So, take your time and choose wisely.

  • Learn How To Predict And Profit From Market Changes In Advance

    Learn How To Predict And Profit From Market Changes In Advance

    The market is a volatile place. The Dow Jones Industrial Average has seen more than its fair share of ups and downs in recent years, and it seems like every day brings a new round of headlines predicting the next big crash. So how can you protect your hard-earned money from these swings? By learning to predict them in advance.

    Understand Mean Reversion

    This is the tendency of prices to eventually move back toward the average price level after a period of above-average or below-average performance. For example, consider a stock or cryptocurrency that has risen 20% over the past year. While there’s no guarantee that it will fall back to its previous level, there’s a good chance it will at least partially correct itself shortly.

    This concept is crucial because it can help you spot potential market tops and bottoms. If you see a stock or index that has risen (or fallen) significantly above its long-term average, there’s a good chance that it will eventually revert to that average. Of course, this isn’t a perfect science, and there’s no guarantee that mean reversion will always occur. But it’s helpful to keep this in mind when making investment decisions.

    Think of Having the Best Dataset

    The best predictor of future market movements is often the market itself. Tracking market data and using historical trends to inform investment decisions can give you a better chance of success.

    There are many ways to track market data, but one of the simplest (and most effective) is to use online tools. A stock screener, for instance, allows you to filter stocks based on specific criteria (like price, market capitalization, and sector) and then compare them side-by-side. This makes it easy to find stocks that are trading at attractive prices and that have the potential to move higher in the future.

    When it comes to making future predictions, the market is often the best indicator. Tracking market data and using historical trends to inform investment decisions can give you a better chance of success. Regarding how to design your dataset correctly to avoid lookahead bias, include as many features as possible. This will help you in making a better model for making predictions. However, be careful not to overfit your data. This means that your model is too specific to the data you used to train it and will not be able to generalize to other data sets.

    Look for Divergences

    A divergence occurs when two related price indicators move in opposite directions. For example, if the price of a stock is rising, but its volume is falling, that’s a bearish divergence. Or if the price of a stock is falling, but its RSI (relative strength index) is rising, that’s a bullish divergence.

    Divergences can help spot potential tops and bottoms because they often signal that a trend is losing momentum. If you see a bearish divergence on a chart, it’s a good indication that the uptrend may end. And if you see a bullish divergence, it could signify that a downtrend is about to reverse. 

    Generally, divergences are just one tool in the market-timing toolbox, so be sure to use them in conjunction with other indicators (like support and resistance levels) to get a complete picture of what’s happening in the market.

    Don’t Fight the Tape

    A good business person will not try to pick tops and bottoms. It’s a difficult (if not impossible) task, and even the best investors in the world have trouble doing it consistently. Instead of trying to time the market, focus on finding quality companies trading at attractive prices. Over time, these investments will likely outperform the market, even if they don’t perfectly time market tops and bottoms.

    The market can be volatile, but by understanding mean reversion, looking for divergences, and avoiding the temptation to pick tops and bottoms, you can increase your chances of success. These techniques won’t guarantee profits, but they can help you make better investment decisions and protect your hard-earned money from market swings.

    Gather Information Widely

    Anytime you equip yourself with more knowledge, you give yourself a better chance of success. When it comes to any market, that means gathering information from as many sources as possible. Read books, listen to podcasts, and follow your trusted financial news sources. You’ll be better equipped to make sound investment decisions with more information.

    Don’t forget to keep an eye on the technical side of things. Learning to read charts and identify technical patterns can be a helpful way to spot potential market swings in advance. There’s no guarantee that you’ll always be correct, but the more information you have, your chances will be better.

    Consult Experts Regularly

    If you’re not an expert in the stock market, that’s okay. You don’t have to be an expert to be a successful investor. But it is essential to consult with experts regularly. Talk to your financial advisor, read books authored by market professionals, and attend investment seminars. By doing so, you’ll gain valuable insights that can help you make better investment decisions.

    And don’t be afraid to ask questions. If there’s something you don’t understand, chances are good that someone else doesn’t understand it either. By asking questions and seeking clarification, you’ll improve your understanding of the market and increase your chances of success.

    These professionals are good at what they do and can provide valuable insights that you might be unable to find on your own. However, you need to engage the best ones to work with you; there are many subpar performers in any industry.

    Don’t React to Every Fluctuation

    Any market, be it stocks or crypto-market, is full of ups and downs, but it’s important to remember that not every fluctuation is significant. Many of the day-to-day fluctuations are nothing more than noise. As an investor, you must learn to ignore the noise and focus on long-term trends.

    To many, that’s easier said than done. It can be tempting to sell every time the market drops (or buy every time it rallies), but those knee-jerk reactions can often do more harm than good. Instead, take a deep breath and stay focused on your long-term goals. Remember, the market will always fluctuate in the short term, but it tends to move higher over the long haul.

    The stock market can be daunting, but it doesn’t have to be. These simple tips can improve your chances of success and make better investment decisions. Remember to stay disciplined, consult with experts regularly, and focus on long-term trends.

  • Useful Financial Apps You Will Want To Know About

    Useful Financial Apps You Will Want To Know About

    What do we know about them? Financial apps, also known as money transfer apps allow users to transfer money from person to person, or from one entity to another, securely, effectively, and cheaply.

    A great thing about this software is that it streamlines payments and enables you to utilize a digital wallet to link your bank account or credit card. Additionally, you can make electronic transactions with just a couple of taps on your cell phone.

    The market is loaded with a variety of different financial apps that aid users in shelling out their cash quickly and safely without any hidden fees. If you want to know which ones are the most popular currently, then check out our list below.

    Top Money Transfer Apps That Simplify Every Transaction

    Today in this article we will enumerate the most reliable financial apps on the market. However, if you need a more extended list, then just browse the web to find websites that are dedicated to the best money transfer services where you can get more in-depth info. We’ll set off with our favorites.

    Starting With PayPal

    Certainly, one of the most popular apps in the world when it comes to money transferring, it’s widely known for its convenience and speed which is why people love to use it. Furthermore, you can transfer cash for free from your PayPal balance, Amex Send account, or bank account.

    Moreover, you can also employ PayPal instant transfer for a particular fee and transfer funds instantly. This app provides versions of its app for Windows, iOS, and Android. It doesn’t take more than several minutes to download and begin transferring cash from different people, all at once.

    Further, you can share your PayPal.Me link if you need a fast and safe payment option. Out there you can send up to $60,000, however, at times, it can restrict the transaction to $10,000, depending on the currency you utilize.

    If by any chance you send cash to the wrong person, all you have to do is contact that individual and demand a refund. If that person doesn’t respond, then you are allowed to open a dispute in PayPal’s Resolution Center. 

    People who use this app pay almost 3%, plus a fixed fee to send cash by utilizing a credit card. Additionally, PayPal charges approximately five percent to send money internationally by employing your PayPal balance, an Amex Send account, or a bank account.

    One Of The Leaders In This Field, Wise

    This one is one of the most popular financial apps in the world, which comes as no surprise since it offers a plethora of different benefits. Namely, one of the biggest reasons why people love is, it’s because their platform enables you to send money anywhere easily and efficiently and more importantly doesn’t have any hidden fees, which is a great thing.

    Additionally, the service allows you to hold and send cash in fifty currencies and every transfer happens at interbank rates.

    WorldRemit

    This is an app that allows you to transfer cash by employing a service that is based only online and is generally very popular due to its excellent competitive rates, and great options for moving cash around through the Android app and iOS.

    Generally speaking, the money transfer service is very flexible because it offers a huge selection of methods for moving money. These include credit, debit, and prepaid alternatives, as well as bank transfer, Interac, Poli, Ideal, Apple Pay, Klarna, and Trustly. 

    In case you didn’t know, WorldRemid doesn’t accept Google Pay anymore. Although their rates may appear to be too competitive, bear in mind that what you pay mostly depends on where you are going to send your cash. Expenses will vary depending on the currency you’ll be using along with the transfer method. 

    Furthermore, transfers can be received as bank deposits in less than ten minutes. Also, you can utilize a cash pickup, choose mobile money, or an airtime top-up. What happens next? The app will send you an SMS regarding the completion of the transfer. 

    Let’s Discuss Venmo

    Here’s another practical digital wallet that simplifies each transfer for everybody, starting from students, to business owners. Once you sign up for the service, you must select your privacy settings, allowing you to broadcast your payments to anyone in the world. 

    Besides, you can also keep all your purchases private, however, don’t forget that Venmo is widely known for its social payment feeds. What does it mean? It means that your feed might showcase the people you know where you are grabbing dinner, what movie you will be watching that day, where you had your coffee, and many other things.

    If you find all of this very entertaining, then you can further enhance your experience by adding stickers and emojis. Just like PayPal, which is the owner of Venmo, the app represents a virtual wallet that can link both credit cards and banks. 

    The only difference between these two is the fact that any bank account that you choose to link must be in the USA. When it comes to transaction fees, credit cards are 3%, while debit payments and bank accounts are free of charge.

    Revolut

    With this app, you can create your account in a blink of an eye by using your mobile phone and sending your money anywhere your heart desires. Furthermore, this platform provides fast and easy global transfer at amazing rates.

    Anyone who decides to register there can receive and send cash in over thirty currencies with no hidden fees. Who is it intended for? Namely, this app is intended for anyone who loves executing most of their tasks on their cell phones. 

    Even though Revolut does have a desk version as well, the most convenient version is the one that you can use on your mobile phone. Additionally, their debit card is also very convenient for anybody who wants to spend their cash overseas.

    The only thing that can be concluded after writing this article is that we are thankful for having these money transfer apps. They’ve made things so much simpler when it comes to sending/receiving cash which is one of the reasons why people use them a lot.

  • An Introduction to Forex Investment for Complete Beginners

    An Introduction to Forex Investment for Complete Beginners

    Forex investment is one of the most popular investments for both casual and seasoned investors. The foreign exchange market, also known as the “forex” or “FX” market, is the largest financial market in the world, with a daily turnover of more than $5 trillion.

    For most people, the foreign exchange market is a mystery. They know that money can be made by investing in foreign currencies, but they don’t understand how the market works or what factors affect currency prices.

    This guide will provide you with a basic introduction to forex investment so that you can begin to understand how this dynamic and exciting market works.

    What is Forex?

    The foreign exchange market is where different currencies are traded. The term “forex” is used to describe the process of buying one currency and selling another.

    For example, if you are planning a trip to Europe, you will need to exchange your US dollars for Euros. In this case, you are selling USD and buying EUR.

    The foreign exchange market is the largest financial market in the world, with a daily turnover of more than $5 trillion. That’s more than three times the size of the US stock market!

    What Moves Currency Prices?

    Currency prices are influenced by a variety of factors, including economic news and events, central bank policy, and global political and economic conditions.

    For example, if the US economy is doing well, the US dollar will usually rise in value against other currencies. On the other hand, if the US economy is struggling, the dollar will typically fall in value.

    Similarly, if interest rates in the US rise, this will usually cause the dollar to appreciate relative to other currencies. Conversely, if interest rates in the US fall, the dollar will typically depreciate.

    Finally, geopolitical events can also have a significant impact on currency prices. For instance, if there is a terrorist attack in Europe, this is likely to cause the euro to fall in value against other currencies.

    How Can You Profit from Forex Trading?

    There are two main ways to make money from forex trading:

    1. Speculating on currency movements: You can make money from forex trading by speculating on the future direction of currency prices. For example, if you think the US dollar will appreciate against the euro, you can buy USD/EUR. If your prediction is correct, you will make a profit.

    2. Hedging against currency risk: You can also use forex trading to hedge against currency risk. For example, if you are an exporter who is worried about the potential impact of a strong US dollar on your business, you can hedge against this risk by selling USD/EUR. This will offset any potential loss from a fall in the value of the euro.

    Which approach is best for you will depend on your goals, risk tolerance, and investment horizon.

    How to Start Investing in Forex

    If you’re interested in forex trading, there are a few things you need to know before you get started.

    First, you need to choose a broker. There are many different brokers out there, so it’s important to compare them before you decide which one to use.

    You should also consider the costs of forex trading. Most brokers will charge a commission on each trade, as well as a spread. The spread is the difference between the bid and ask price of a currency pair.

    For example, if the EUR/USD bid price is 1.20 and the ask price is 1.21, the spread is 1.21 – 1.20 = 0.01.

    You will also need to have a good understanding of risk management. Forex trading is a risky business, and you need to be able to manage your risk effectively.

    Finally, you need to make sure you have a solid trading strategy. Without a well-thought-out plan, it will be very difficult to make consistent profits from forex trading.

    If you’re ready to get started, I recommend you create a free demo account using OctaFX. You can learn more about OctaFX here or start creating a free account right now.

    Is Forex Investment Risky?

    All investments carry risk, and forex investment is no different. The key is to understand the risks involved and to manage them effectively.

    One of the biggest risks in forex trading is leverage. Leverage allows you to trade with more money than you have in your account. For example, if you have a $1,000 account and you use leverage of 1:10, you can trade with $10,000.

    While leverage can help you make bigger profits, it can also lead to bigger losses. Therefore, it’s important to use leverage carefully.

    Another risk to consider is currency risk. This is the risk that the value of a currency will change. For example, if you’re holding EUR/USD and the value of the euro falls against the dollar, you will make a loss.

    To manage currency risk, you can use hedging. This is where you take out a position in another currency to offset the risk in your original position.

    For example, if you’re holding EUR/USD and you’re worried about a fall in the value of the euro, you could hedge your position by buying USD/EUR. This would offset any loss in your original position.

    Ultimately, the best way to manage risk is to have a solid risk management strategy in place before you start trading. This should include things like having a stop-loss in place, as well as diversifying your portfolio.

    What Are the Benefits of Forex Investment?

    There are many benefits to investing in forex. Firstly, it’s a very liquid market, which means there are always buyers and sellers. This makes it easy to trade currency pairs.

    Another benefit is that forex trading takes place 24 hours a day, 5 days a week. This means you can trade whenever you want.

    Finally, forex trading is a very scalable activity. This means you can start trading with a small amount of capital and grow your account over time.

    Summary

    Forex investment is a great way to make money. However, it’s important to understand the risks involved and to have a solid risk management strategy in place.

    If you’re ready to get started, I recommend you create a free demo account using OctaFX. You can learn more about OctaFX here or start creating a free account right now.

  • What is OctaFX Forex Trading?

    What is OctaFX Forex Trading?

    Have you heard about OctaFX? For starters, OctaFX Trading App is an official forex trading tool allowing for both depositing and withdrawing funds. In-app settings help you manage your OctaFX personal profile, manage deposits, and control real, demo, and contest accounts.

    In this article, you will learn more about OctaFX Forex trading app.

    An introduction to OctaFX

    OctaFX is a global broker offering trading services in multiple countries across the world. The company has its headquarters in London, the UK with regional offices in many other countries including Indonesia, Bangladesh, Vietnam, and China.

    The broker is regulated by the Financial Conduct Authority (FCA) in the UK and offers multiple account types to its clients including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

    OctaFX clients can trade a wide variety of instruments including major, minor, and exotic currency pairs, precious metals, energies, stock index CFDs, and cryptocurrency CFDs. The broker also offers attractive leverage of up to 1:500 and tight spreads starting from 0.0 pips.

    Opening an account with OctaFX is quick and easy, and clients can choose between a demo account to practice trading or a live account to start trading for real.

    What is OctaFX Trading App?

    The OctaFX Trading App is available for both Android and iOS devices and can be downloaded from the respective app stores.

    The app allows OctaFX clients to manage their accounts on the go, make deposits and withdrawals, check account balances and positions, monitor prices of instruments in real-time, and place, modify, and close trades.

    The app also provides push notifications for price alerts, economic calendar events, and other important updates.

    OctaFX Trading App is a convenient way to trade forex and other instruments while on the go. The app is available in multiple languages including English, Indonesian, Bengali, Vietnamese, and Chinese.

    How to use OctaFX Trading App?

    Using the OctaFX Trading App is easy and straightforward. After downloading and installing the app, you will need to login using your OctaFX account credentials.

    If you don’t have an account yet, you can easily create one directly from the app. Once logged in, you will be able to access all the features and functions of the app.

    From the main menu, you can check your account balance and open positions, view the prices of instruments in real-time, deposit and withdraw funds, and place trades.

    You can also access the economic calendar and price alerts from the main menu.

    The OctaFX Trading App is a great way to trade forex on the go. The app is available in multiple languages and offers a wide range of features and functions.

    If you are looking for a convenient way to trade forex, the OctaFX Trading App is definitely worth considering.

    Important Information About OctaFX

    Just like any other forex trading app, OctaFX is often considered a medium or software to perform your forex investment which includes, buying and selling forex. OctaFX allows you to easily buy, sell and trade forex in just a few clicks using a desktop, smartphone, or tablet — which makes it very convenient.

    However, it is important to understand that OctaFX is not a fast way to earn money. You need to have some knowledge of forex trading. More importantly, before you start using OctaFX always remember to trade responsibly.

    OctaFX is a highly respected forex broker with many years of experience in the industry. The company is regulated by the Financial Conduct Authority (FCA) in the UK and offers multiple account types including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

    Getting started with OctaFX for beginners

    If you are new to forex or even with OctaFX, you can create a free account here. It takes approximately 5 minutes or less to complete the registration and I highly recommend you start with a Demo account. A demo account on OctaFX allows you to learn the basics of forex trading and understand some of the common terms such as pips, buy limit, sell limit etc.