7 Reasons to Invest in Real Estate

You might have heard the saying, “They’re not making any more land,” and it’s true. Investing in real estate is smart, because although the value of the property might fluctuate in unstable markets, the value of land will never depreciate. But there are other reasons to invest in real estate that you probably haven’t thought of yet. Here are just a few of those reasons:

  1. Future Income Stream

    When you make a real estate investment, you’re actually purchasing a stream of future income. Accruing rental income over the long term creates a significant proportion of total return. If your initial short-term goal was to fix and flip a property to sell it at a profit, and you have a hard time finding a buyer, you can always rent it out instead. Doing so will give you a fixed monthly income, and if you hire a landlord or property manager, you can sit back and forget about it.

  2. High Tangible Asset Value

    Unlike stocks and bonds, an investment in real estate is backed by brick and mortar. Its tangibility and physical presence reduce the principal-agent conflict, or the extent to which you rely on the competency of investment managers and debtors to handle your funds. Many real estate regulations mandate a minimum percentage of profits to be paid out as dividends, so you can worry less about seeing your money come back to you.

  3. Inflation Hedging

    An inflation hedge is an investment that provides protection against the decreased value of a currency. Typically, it involves investing in an asset that is expected to maintain or increase its value over a specified period of time. Real estate offers inflation hedging due to its relationship between Gross Domestic Product (GDP) growth and demand. As economies expand, the demand for real estate drives rents higher which, in turn, translates to higher capital values. For that reason, real estate investments tend to maintain their purchasing power, passing on some of the inflationary pressure on to tenants in the form of capital appreciation.

  4. Competitive Risk-Adjusted Returns

    Risk-adjusted return refines an investment’s return by measuring how much risk is involved in producing that return. Real estate investments have low volatility, meaning they’re less likely to shift wildly and unpredictably. The relatively consistent market, stemming from infrequent real estate transactions and third-party prop erty appraisals, results in stable pricing and leads to smooth returns.

  5. Easy Financing Options

    When you purchase a stock or bond, in most cases, you’ll need the money upfront. Such is not the case with real estate investments. There are a variety of ways to finance your property purchase, including, but not limited to: cash, conventional mortgage loans, and hard money lenders. The best choice for you might depend on the location of your property. For example, in competitive markets such as Southern California, buyers should research Anaheim hard money lenders for a quick and easy close. Alternatively, in states with high taxes and interest rates, buyers would benefit from cash transactions or conventional loans.

  6. Portfolio Diversification

    Whether you’re a seasoned investor or just getting your toes wet, you’ve probably heard the term ‘diversification’. Financial advisors recommend diversifying your investment portfolio; this helps you avoid the risk of placing all your eggs in one basket. Real estate has a low correlation with other major asset classes, and by adding that investment, you can lower portfolio volatility and find a higher return per unit of risk.

  7. Psychological Advantage

    If you’re comparing real estate to other forms of investment, consider the psychological advantage. Real time markets are vulnerable to sudden and unexpected shocks, seen in the ‘Flash Crash’ of May 2010, when $1 trillion in stock market value was erased in just 15 minutes. Watching stocks, bonds, or equities rise and fall can be incredibly stressful, and knowing when to pull your money out takes experience, knowledge, or advice from someone you may or may not be able to trust. Real estate investments offer a greater peace of mind in an environment where office volatility is an issue and the dynamics of algorithmic trading are murky.

Ultimately, the bottom line is that real estate makes a distinct, easy-to-understand asset class. Evaluate these various benefits to see how real estate is undeserving of its tarnished reputation.

 

Usain Bolt’s Net Worth

The greatest sprinter of all time, Usain Bolt, stunned the world again this summer at the 2017 World Championships. At the age of 30, the legendary athlete announced his retirement, lost his world champion status and suffered an injury all in a matter of a few days. Nevertheless, the Jamaican star bowed out at the very top of his game, with an unprecedented career behind him. Already an Olympian, he won his third, consecutive triple gold at the 2016 Summer Olympics in Rio for the 100m, 200m and 4 x 100m. Add this to his three world records (at three different distances) and 11 world championship titles and you have one of the most successful athletes of all time. Unsurprisingly, he’s in a league of his own when it comes to his financial earnings, too.

Usain Bolt is the only track and field athlete to rank in Forbes’ latest celebrity rich list in which he is ranked at number 88 and he’s estimated to be the 23rd highest-earning athlete in the world. In 2017, his net worth is valued at over $58 million, but interestingly, only around 3.5% of that came from winning races. With 11 gold medals, one silver and two relay world records under his belt, Bolt has earned the equivalent of just under $1 million from major world championships.

Unlike athletes from other countries, Jamaican athletes don’t receive any prize money for medals won at Olympic or Commonwealth games, so even though these wins haven’t directly contributed to Bolt’s bank balance, they’ve had an invaluable impact on his star power. With his headlining potential, he can command large appearance fees that reach over $350,000. He’s also been the individual winner of Diamond League races a total of 23 times and the overall winner of one Diamond League Race, which has accumulated winnings of more than $274,000.

Usain Bolt is a brand marketer’s dream! If we look at the 2012 London Olympics, more than a million entrances had been registered into the ticket ballot for the men’s 100 meter final and organizers were eventually able to charge up to £874 (approx. $1,140) for a seat. He boasts endorsement deals with PUMA, Virgin Media, Visa and Nissan among others, and also has a Regupol-sponsored, world-class running track installed at his Jamaican training venue. Bolt chooses his celebrity appearances based on his personality as much as his athletic prowess and his recent collaboration with PokerStars is a good example of that. Shortly after his retirement, Bolt became the face of the PokerStars ZOOM Poker Usain Bolt Edition, the first time the company had ever included celebrity-branded tables in its games. PokerStars is a leading global online poker platform with its own mobile casino and real money app. The company also sponsors top European poker events and has consistently partnered with some of the world’s most famous sports stars, so Bolt was in familiar company!

A large portion of Bolt’s income comes from leading sportswear brand PUMA, for which Bolt is a global ambassador until 2025. His 2016 deal with the German company netted him over $10 million a year, which helped his annual earnings to peak over $30 million for 2015-16. His current deal with PUMA following his retirement is valued at around $4 million a year. Bolt’s other major endorsement deals include a $2.6 million package with Virgin, approximately $3 million with Gatorade (plus additional bonuses when he is spotted drinking it), and over $600,000 with Visa.

In 2013, Usain Bolt peaked as the 48th highest-earning celebrity in the world, and despite his retirement from the track, we expect him to remain in the top 100 for a number of years to come. Bolt’s running career may have come to an end, but the world is his oyster. In addition to his celebrity poker endorsement this summer, Bolt expressed an interest in starring in Hollywood action movies and playing football for Manchester United! Whatever moves he makes now that he’s hung up his running spikes, it’s unlikely Bolt’s net worth will decrease soon.

 

Don’t Worry, Get Life Insurance

When it comes to life insurance, there’s a lot to know and understand. Life insurance is tricky and confusing. As the consumer, you don’t need to know everything. But, as with anything, it is helpful to know a bit as you start shopping for the best policy. Protecting your loved ones is important. And, even if life insurance is not the most enthralling subject, it is important to start thinking about ASAP.

Many things can impact the policy you are able to secure, and how much you will pay for it. Not only does your age and health affect your policy options, but your debt and number of dependents will also influence your policy. Where you live and your lifestyle are important factors as well. In general, the younger and healthier you are, the better rate you will be able to get on a good whole life insurance policy for you and your loved ones.

State laws have a major bearing on policies. Specifically, they have an impact on the rights of the insured. The rights of the insured can vary drastically from state to state. The consumer protection you had in one state might be irrelevant or void in another state. This is why you need to be very careful when it comes to replacing or transferring policies as you move from state to state.

Check out this easy quiz from Health IQ about the nuances of how state laws can have an impact on insurance laws. It is short but very informative. And visit HealthIQ.com/quiz for related quizzes, such as How The Medical Exam Affects Your Quote or the Pros and Cons of Group Life Insurance.

How AI Will Change Business Processes

The age of artificial intelligence is still fresh but the evolution is happening so fast that it’s now agreed that AI can exhibit human characteristics. Although some prominent thought leaders have issued serious warnings about the singularity of AI and the probable threats they pose, the advantages of artificial intelligence seem to be endless.

Basically, technology has contributed significantly to business efficiency and customer experience. In the business sector, AI is not a newcomer because it has developed from the first time computers were introduced to business management. However, it is in the last few years that you can clearly envision and foresee how AI will change how business is done.
In this article, you’ll learn how AI will influence some business processes.

AI will transform the job industry landscape

Among the basic ways artificial intelligence will affect businesses is through transformation. If you know anything about AI then you probably know the risks to manual labor. Although this is not something that has been received with excitement among workers in affected positions, it should be well understood that’s what is coming in the near future.

Most manufacturing industries dealing with large-scale production see this as an attractive option. This is because it’s not only cheaper but it is also more productive and easy to manage. The precision and low tendency to make errors during production makes them an appropriate replacement for human labor.

With the full implementation of AI, business sectors like reception, customer assistance, and other administrative tasks will be transformed. Dealing with customer queries via telephone or messages will become easier and other tasks like accounting will be handled with ease and precision. In fact, some businesses have already incorporated chatbots into their systems and they are doing an awesome job. Besides outstanding efficiency, AI platforms will contribute to huge savings by most companies.

Integration and consolidation of business operations

Recent trends in business indicate that AI is an important player in the integration and most business processes. In large corporations, fragmentation of crucial business processes has posed some serious challenges and has resulted to bad synergy.

Integrating AI technology into daily operations of a business makes it possible to combine the fragmented pieces of work to make a fully functional whole. This leads to consolidated operations, employees, and systems. The ultimate effect is higher productivity, efficiency, and revenue.

Higher precision at a reduced cost

With the integration of superior AI into business operations, there will be a significant reduction in the margin for mistakes and errors that lead to losses. The higher precision achieved by AI will raise productivity and make businesses less risky.

The computing capability of AI programs is superior to humans and this facilitates processing of voluminous data in a short time. For instance, businesses in the financial sector have reaped benefits by utilizing technology in their business processes. Lending companies with online based platforms have an integrated underwriting process that works on its own. This has not only led to more business but the system has made realistic loans service better by ensuring that you are matched to the perfect loan product.

The technology has made the operations cheaper even though the level of precision is higher than you’d get with human labor.

AI guarantees superior enterprise mobility

With artificial intelligence, businesses will adapt more to the new model of working. Currently, there is a shift in how employees work with huge numbers preferring to work remotely or from home. In the future, more organizations will offer their employees the option of working from anywhere in the world. This will help employees to be in charge of their working environment and schedules which leads to increased motivation and productivity.

The arrangement also allows employees to get new skills easily and become competent at their jobs. The good thing is that you don’t need to present yourself physically to acquire the skills offered in training.

Feeding the increasing population by agribusiness firm

The world population has been on the rise and the trend is expected to continue for over the next few decades. However, the current methods of food production seem to lag behind. Today, AI is being incorporated into farming techniques to ensure productivity.

Deep learning has been used to monitor thousands of cows by using facial recognition to identify the needs of an individual cow with minimum human involvement. This technology will be able to accurately identify signs of disease before it has become fatal and notify the farmers for immediate action.

In the future, huge tracts of land will have many sensors which will work in conjunction with real-time imagery drones to monitor the crops. This will make it possible for farmers to predict what their plants will need even before they have planted. As a result, the process of food production will become easier and efficient.

Conclusion

As time goes, AI is becoming an integral part of a business and it is no longer a reserve for big corporations. Today, small startups have embraced the use of this technology and the future is getting brighter day by day. Although there are concerns and heated arguments about AI, the technology is getting better and better and it’s upon business owners to figure out which is the best way to take advantage of this innovation.

Famous Sports Stars Who Are Known Gamblers

Famous sports stars who are known gamblers, which is really not all that surprising. People need to be able to take chances in order to really become skilled in sports. It takes a lot of energy to build up the skills that are necessary to become a professional athlete. A lot of professional athletes will spend a lot of time trying to make themselves look as muscular and athletic as possible.

They will do this while they engage of a lot of different athletic activities that may or may not be sustainable for people in that time period over the long term. This mindset has not gone away altogether. A lot of people have found that the older ideas of gambling are continuing to have an effect on who they are. This becomes even clearer when reading the biographies of modern athletes who love to gamble.

Pete Rose is an example that a lot of people will know. There have been a lot of sports gambling scandals over the years. A surprising number of them involve Pete Rose, even today. Even though fewer people even know Pete Rose today, his reputation as a gambler lives on and continues to influence portrayals of him. This might be what he is known for historically at this point in time.

Michael Jordan is very famous today. A lot of people will still know the name of Michael Jordan, even though there have been a lot of famous basketball players since then at this point. Michael Jordan is still more famous for being a basketball player than he is for being a gambler, although he is truly both. He is one of the most famous gamblers in Hollywood, with this hobby causing him to lose shocking amounts of money right away.

At least with some of the older professional athletes, the idea of being a famous gambler makes some sense. It’s almost as if some of these stars have managed to have two careers in that way. This is not the case with the young Wayne Rooney, who was already famous for his gambling activities at the age of 25. He managed to lose a lot of money very early, demonstrating that this is the sort of thing that truly can happen to professional athletes who experience an early degree of success.

Some of these athletes might be interested in Red Flush casino games. Of course, a lot of them seem to be very traditional gamblers in a lot of ways. This might be because some of them just started all of their gambling adventures in the days when online casino gaming was still relatively uncommon. However, in other cases, it might be partly due to the fact that a lot of these people are performers who want to do a lot of risky things in public. Gambling in public in front of a crowd just makes a lot of sense to them naturally, even though they might end up losing more money than they would have intended.

Using Home Warranties to Guard against Financial Uncertainty

As a new homeowner, you have many things to be thankful for. For starters, you are no longer paying rent, or living with friends and family. You have your own piece of real estate, and that is truly incredible. Homeownership comes with many benefits and responsibilities. For starters, you will be required to maintain your property – upkeep, maintenance etc.

As a new homeowner, you can purchase a condominium, a single-family home, or a town home. Each dwelling is unique. Homeowners association fees typically cover the costs of gated communities, the exterior maintenance of your buildings, the yard and the aesthetics of the complex.

However, when it comes to the internal systems and appliances of your home, that’s an entirely different ballgame. Every homeowner is responsible for his/her systems and appliances. These include washers, microwaves, dryers, refrigerators, freezers, garbage disposal units, ACs, pool motors, garage door motors etc. As you can imagine, these expensive systems need to be covered by a home warranty or a manufacturer’s warranty.

Experts state that for every $100 spent on an appliance or a system, you can expect at least a year’s worth of usage. For an appliance that is nearing the end of its life term, it is probably a good idea to have home warranty coverage for repair or replacement. By contrast, appliances that are brand-new are typically covered by the manufacturer’s warranty. However, it’s equally important to read the fine print of a warranty before you discard home warranty coverage.

How Do Home Warranties Help You Overcome Financial Uncertainty?

Think about the costs of repair or replacement of systems and appliances in the absence of home warranty coverage. According to various authorities, the national average for installing an appliance is $191, with a typical range of $115 on the low end and $274 on the high-end. This figure is attributed to smart home appliances, washers, dryers, stoves, ovens, dishwashers, refrigerators, and microwaves. Home appliances cost significantly more than that. Consider the following:

  • A dryer can last between 8 years – 12 years and costs between $400 and $1,000
  • A dishwasher lasts between 8 years – 10 years and costs between $400 and $700
  • A washer can last between 8 years – 12 years and costs between $700 and $1,000
  • A refrigerator typically lasts between 6 – 15 years and costs between $900 and $8,000
  • A range/oven can last between 10 years – 15 years and costs between $650 and $2,000

As you can imagine, these costs can put a significant dent in your savings, in the absence of a home warranty plan. One of the leading home warranty providers is American Home Guard. This home warranty company has been operational for 4 years and it covers a wide range of appliances such as HVAC units, pools, spas, appliances and systems.

Costs of Home Warranty Coverage by American Home Guard

There are plans starting at $530 per year for the red/white plan, while the blue plan costs $600 per year. Among the many benefits of selecting this company for home warranty coverage are the following:

  • Fully comprehensive coverage
  • High customer satisfaction rates
  • A 30-day money back guarantee
  • Around-the-clock customer support

Coverage includes air-conditioning up to 5-ton capacity, but nonessential components such as stands, grills, air filters, and the like will not be covered by the plan. Heating systems are covered, including all components, modules and parts of the heating framework. Again, there is a 5-ton limit. All minor parts are not covered by the plans, which is standard across the home warranty industry.

For both systems, coverage is limited to $500 within the first 3 months of the contract and beyond that it increases to $2,000. Electrical systems are important, and many components of the electrical system will be covered by the home warranty plan including switches, breakers, outlets, wiring etc. Additional coverage is available for well pumps, limited roof leaks, plumbing/lighting, pool/spa equipment etc.  For the red plan and the white plan, the service call fee is $65 and the cost is $529.99. For the blue plan, the cost is $599.99, and the service call fee is $65.

 

 

Universal Personal Finance Tips You Can Start Using Today

Personal finance is a topic that is important to put thought into on a regular basis. Having savings and a good credit score will make it possible to get credit, loans and similar things when you need them. Learning more about some of the very basic personal finance tips is a great place to get started. These apply to people of all ages and you can start putting them into practice today. You should also check out Don Gayhardt’s CrunchBase for further information.

Set Financial Goals

You want to make some plans about paying off debt and saving extra money. Your goals should be reasonable and in line with the amount of money you make. When you are setting goals, make sure that you are specific concerning the dates and the amounts. This makes it easier to track them and make sure that you are making the right progress.

Create a Budget

This is one of the first things that you want to do because you have to know what you can safely spend. When you look at expert personal finance resources, such as Don Gayhardt’s CrunchBase, they will suggest that you start the budget process by determining your monthly net income. This is the amount of money that you are bringing home from your job. The next step is figuring out your expenses. Just subtract these from your net income to see what is left.

If you have little to nothing left, it is time to start making cuts to your expenses. You might also opt to find ways to earn a little more money. This will give you a larger financial cushion each month and it makes it possible to start saving.

Manage Your Debt

If you do not have an effective debt management plan in place, it is too easy to just keep accumulating debt. As it grows, it will become much harder to get out from under it. Common debts are your credit cards, your mortgage, your car payment and student loans. If your finances are tight, start with one of these and start paying it down faster.

For example, student loans are often costly and it is nice to get rid of them for good. Even if you just add an extra $100 a month to your payments, this is an extra $1,200 per year you are putting on them. This goes a long way in getting the total cost of the loan paid off in advance.

Pay Attention to Your Spending

Once a week, take a few minutes to review where your money went. This will give you a good idea about where extra spending is going. For example, you might find that you are spending too much on lunch or coffee. You can easily cut down such expenses by preparing them at home.

Simplify Your Financial Situation

Your finances do not have to be complicated. When you simplify them, it will be a lot easier to handle them. Pay off your debts, keep credit accounts to a minimum and try to pay cash whenever you can. Warren Buffet is a good example of living simply since he still lives in the $31,500 home he purchased in 1957. Imagine how much he has saved over the years by refusing to buy new homes that are considerably more expensive. This also plays into making sure that you live within your means.

Between the basics and a few expert tips, you can be on your way to better personal finances. What is important is that you do not wait and that you are honest with yourself. This will help to ensure that your finance situation is able to improve as soon as possible.

Why Should My Company Invest In A Multilingual Website

Being a small business owner, you’re probably aware of how important it is to find the right audience and reach out to them. You’ve probably done quite a bit of market research and segmented your acquisition campaigns to hit the sweet spot with every group you target.

All of that is great, and it will certainly make your company successful and generate revenues. However, what it we told you that you can double, triple, or even quadruple your target audience and transfer your company to a whole new level of success?

Don’t believe us? We’ve got two words for you – multilingual websites.

Something as simple as adding multiple languages to your website could be responsible for skyrocketing your company’s success. This isn’t a particularly new or a particularly revolutionary idea, so it often gets overlooked by many entrepreneurs, especially the ones that run a one-(wo)man business.

Don’t miss out on an amazing opportunity to bring your business to a whole new level just because you couldn’t spare a lunch break to optimize your website for more than one language. That’s right – it doesn’t take longer than an hour to add another language to your website. Web developers at SITE123 have been working hard on creating a simple, easy to use feature that would enable their clients to quickly translate their website’s content into another language.

While SITE123 isn’t the only website builder out there that has this incredible feature, it’s the only one that’s completely free to use.

Still need a bit more persuasion? Let’s go over some of the less obvious benefits of having a multilingual website:

1.Multiple languages increase your search engine visibility

Although Google dominates most of our lives here, that’s not always the case in the rest of the world. In many populous countries, neither Google nor Yahoo are among the top three most used search engines.

Offering your website in more than one language will help your website get a much better organic ranking in many of the lesser known search engines such as Russia’s Yandex or China’s Baidu.

2.The sheer number of your clients will skyrocket

As of 2017, there are 7.5 billion people in the world, and around 40% of them are on the internet. Most of the 3.6 billion people online today aren’t English speakers.

There are 1.2 billion Chinese speakers, 437 million Spanish speakers, 295 million Arabic speakers and just over a quarter of a billion Hindi speakers in the world. Among all of those people there’s bound to be quite a few of them that might be interested in what your company has to offer.

Failing to provide your services to anyone outside of your language zone means failing to grow your business.

3.Your company will become more trustworthy

With a million and one online business and stores popping up each week, it can be hard to tell which one of them should be worth your customers’ time and money.

Having a multilingual website, along with the option to sell and ship internationally, will help you reach out to more than 70% of non-native English speakers – all of whom say that they prefer browsing and shopping in their native languages.

4.You’ll beat your competition

One of the many joys and excitements of running an online business is the constant competition that motivates you to work harder and your business to thrive. However, taking a break from that is something most business owners long for, and having a multilingual website could be the solution for that.

You see, by offering your content in more than one language, you’ll be expanding your business to more countries – countries with undeveloped markets ready to be conquered by your product. The extra profit you generate from your international ventures will help you boost your company’s domestic growth, which will in turn help you rise up from your competition and start dominating the market.

5.It can open doors for new business opportunities

Providing your content in more than one language is great for gaining new clients, but did you also know that it could open doors for new and exciting business ventures?

Your website could attract other international businesses that might be looking for an international partner or a wholesale provider. Better yet, if you’re running an agency, your services might be something that’s lacking in other countries, and you could break into an entirely untapped market. Also, international business cooperation almost always cuts your operating costs and lowers the taxes you pay.

Conclusion

We hope that we’ve managed to shine a bit more light onto this often overlooked matter and convinced you to start offering your content in more than just one language.

If we’ve got you hooked, but are still skeptical of how you’d be able to manage it on your own, don’t worry – we’ve got you covered. SITE123, the amazing website builder we’ve mentioned before, has a great piece on the future of multilingual websites, along with a comprehensive guide to translating your website.

Ready to international? Start by creating a free website and translating it into as many languages as you’d like.

Luis Coronel Net Worth

Image result for luis coronel

Luis Coronel is an American singer who was born in Tuscon, Arizona.  At 21 years of age, the singer is known for his Latin music from the Mexico region.  Earlier this year, the young sensation signed on with record label Sony Music Latin.  With so much music and promise ahead of him, the young star has a net worth that sits at $1.8 million.

Luis began his singing career at the age of six in his church’s choir.  An avid boxer throughout his youth, the singer sang after one of his matches, and his life would forever change.  He soon developed a social media following for his singing talent which eventually led him to be signed by DEL Records at 16 years old.  Luis Coronel net worth is derived mostly from his record deals.  After spending over four years with DEL Records, Luis signed on with Sony Music Latin and joined the likes of Jennifer Lopez, Enrique Iglesias, Marc Anthony and others.  The young singer has racked up many awards throughout his early career, but probably the greatest one to date he received in 2014, the Latin Billboard Music Awards for New Artist of the Year.

Coronel has released two studio albums, one in 2013 and his sophomore album in 2014.  His debut album, Con la frente en alto, reached as high as 80 on the US Billboard top 200 charts.  He followed this album up with an even more successful second album, Quiero ser tu dueño.  His second album made it all the way to number 33 on the US Billboard top 200 list and even was able to clench the top spot for the US Top Latin Albums during the year.

Developing a number of hits such as “Escápate” and “Será más fácil” has allowed Luis to focus on his touring.  He is currently on tour with Latin mega-star Prince Royce.  This tour should allow him to continue to grow his following, especially on YouTube where he has over 600k subscribers to his channel.

We can expect Luis Coronel net worth to continue to increase over the coming years and potentially decades.  At 21 years old, he has a long and promising music career ahead of him.  If Luis Coronel can continue on his path to creating hits and top selling albums, he can easily match the success of his tour mate Prince Royce.  Prince Royce is 28 years of age and has been in the business substantially longer than Coronel.  Prince Royce has over four million subscribers to his YouTube channel and a net worth in excess of $14 million.  Can Luis be the next Marc Anthony?  If he is able to see such success than there is no limits to the height of his net worth.  The likes of Anthony and Enrique Iglesias have a net worth that stretches close to the nine figure range.

3 Simple Tips to Promoting Your Business Via Instagram Direct

Instagram Direct is an Instagram feature that allows users to send videos, pictures and texts privately to other users. You have the option of sending messages to one to 15 people in a single thread. Moreover, while the social media sites are offering businesses greater exposure, this feature from Instagram helps businesses engage with their clients in a more targeted manner.

In terms of small businesses and targeting your audience, there are several ways you can use Instagram Direct. If your social media marketing plan includes Instagram, read further to see how you can use Instagram Direct to propel your business from one success to the next.

Connecting With Industry Leaders

Popular bloggers and industry leaders and influencers reviewing, featuring or posting about your business’ products and services is a great way to boost credibility and enhance your reach. Creating connections with industry gurus is tricky, and their inboxes may already be crowded. However, if they are ardent Instagram users, Instagram Direct is your best bet at creating that vital connection.

Send the gurus direct messages with bite-sized, visual and quick content to create that initial contact. Before writing that message, take some time to familiarize yourself with the influencer’s account. Look at what type of content they post on all their channels, not only Instagram.

Looking at their public accounts helps you understand their writing styles, values and interests. The research is a great way to show genuine interest in your industry influencer’s journey to the top as well as helping you communicate with them in a way that resonates with them. It also displays respect when you take time to research first.

Run a Contest

Instagram Direct can be used to initiate a contest – a great way of increasing your social media engagement. One way to start the contest is by posting an image with a description of the contest and code. The first few people to respond with the code get a small prize, discount or coupon.

Another method is to post a picture and the first few people to respond receive a direct response in a message with a coupon or details on how to enter the contest. You can also use Instagram Direct messages to enter people to a contest by having them send you a direct message that explains why they think they should win, or provide a video or photo – both of which you can post at a later date.

Generate Leads

Instagram is an exciting way to market your products and services. However, did you know that you could also use the platform to generate leads? With proper research, Instagram Direct makes this a breeze.

Dive into hashtags and trends that people likely to be interested in your products are using. Maybe they follow accounts that are similar to your business, they are posting about issues that you can solve or they have a tendency of preferring a product or service you offer. Even without their email addresses, you can also reach users through Instagram Direct messages.

Consider adding a link to your eBook along with a photo of the cover, a before and after picture or simply introduce users to Instagram accounts they would love. With Instagram Direct messages, you can reach users in a more personal and relevant manner, turning them into leads in no time.

Direct Messaging is a feature that any social media platform offers its users, and you can use it to connect with your followers and customers. However, when it comes to Instagram Direct messaging, you get a unique communication environment that allows visual content for enhancing your messages with small business health insurance quotes online, for example. Whether you are on the hunt for new leads, increasing your social media engagement or reactivating your inactive followers, Instagram Direct messages can help reach your business objectives.