Tag: Platforms

  • Live Streaming Sales Platform: How to be Know

    Live Streaming Sales Platform: How to be Know

    What’s the difference between live sales and live streaming shopping platform? Let’s find out! Live shopping is an online selling format that uses streaming video to promote products, services, and businesses. It’s usually done on the website of a store, marketplace, or social network. Where a celebrity or blogger will introduce the products and answer questions from the audience, live streaming shopping platform.

    The Ultimate Guide to Choosing the Right Live Streaming Sales Platform

    People can make purchases with just a one-click without ever leaving the stream. It’s a great way to get people interested in any product, service, or business. In China, it was first tried out and was so successful that a streamer sold 55 cars a second! Europe and the US have taken the lead and are actively developing this area of their business. So what’s so special about live shopping parties?

    In this post, we’ll look at some of the best live-streaming shopping platform sites. That the biggest brands are using to help them increase their sales, get more leads and build their brand.

    How does a live streaming sales platform work?

    We’ve all done it, right? We’ve added a product to our cart, wondered if we should buy it, got a little nervous, and walked away from the online store, never to return or place an order. The live shopping stream, on the other hand, works in a completely different way. It creates the impression of a live presence and an urgency in the viewer’s mind.

    They’re thinking, I can’t go back and buy the item that’s in my cart, it’s either sold out or too expensive. That’s why 86% of businesses consider live streaming or video to be one of their most effective dealing tools.

    Brand representatives can explain and explain the benefits of their advertised product during live streams. In some cases, a celebrity or a blogger may be invited to these online events. Where they can leverage their influence to boost sales.

    People ask questions and react with emojis, which makes people talk about the brand’s products and make them want to buy stuff. Plus, you can see how much people have already bought something. Also, Live video shopping viewers don’t want to leave empty-handed. Especially when it’s so easy to place an order – just a few clicks and you’re good to go.

    Popular live video and streaming sales platform formats

    There are lots of different ways to make a live video and streaming sales and shopping platform.

    You can do direct selling, where brand representatives talk about your product, business, or service, answer questions, and offer to buy it at a lower price. You can also do online auctions, where you can sell items in an auction format, and then add some excitement and fun to the stream, so people will want to fight for what they like and give you their money.

    Another great way to do this is to get an influencer involved, who already has a huge following in stream shopping. For example, Viya had an audience of 43.15 million during one broadcast, and in another, she was streaming with Kim Kardashian, who sold 15,000 bottles of perfume in just a few minutes. It’s easy to see why – people trust people they like or admire. According to Chinese marketers, an influencer can usually sell 90,000+ items worth over $15 million in two hours.

    The video tutorial is one of the most popular marketing tactics in the cosmetics industry, with 96% of people watching an explainer video, according to Wyzowl’s Video Marketing Statistics 2022. Invite a celebrity makeup artist or influencer to show you application techniques or talk about the latest beauty and makeup trends. Invite the influencers themselves to share their daily routine and also how they use certain products to promote them.

    Live events are a great way to promote products and increase sales. For example, you can stream a product launch, a limited edition release, or a shopping holiday. You can also stream a new fashion show, such as Fashion Week, where you can watch the catwalks from the comfort of your own home.

    What are the main types of live video and streaming sales and shopping platforms?

    Currently, there are 3 main types of live trading platforms:

    Social media platforms:

    Facebook, Instagram, and YouTube have all the features you need to live stream from consumer to consumer. The advantage of choosing a social media platform is that you’ll have an audience of subscribers that already know you and also your brand. That way, you won’t be streaming for yourself.

    • Brands like KitKat and Kiehl’s, as well as Quivr and Walmart, have all used social media to host live shopping events.
    • It’s no surprise that 83% of people use Instagram to learn about new products and services.
    • Also, Companies may choose to live stream from their social network page or ask a bigger influencer to do it for them.

    Instagram Live Rooms: The host can invite up to 3 people to join the live stream. This way, the influencer’s subscribers will not only join the live stream but also become subscribers to the advertised brand.

    One of the drawbacks of social media is that it doesn’t make buying a product as easy as it does on other types of platforms. Also, You’ll most likely have to order via private messages or go to the seller’s website.

    Live marketplace platforms and apps:

    Some companies like to stream on dedicated online shopping sites like AliExpress or Taobao or Amazon. They’re convenient because you don’t have to follow links to other online stores to buy the product you like. Everything’s on one platform.

    On the main page under the video, you’ll see icons of products that you’re streaming. With a single click, you’re on the product page where you’ll need to confirm your purchase. You don’t need to enter your delivery address and link your bank card each time because you did that during registration.

    Owning your trading platforms or applications:

    Retailers who want to be independent and have full control over every aspect of their shopping experience tend to develop their live-streaming platforms. For example, Nordstrom, a luxury department store chain, launched its live-streaming channel.

    This type offers a lot of benefits, including:

    • platform customization based on the company’s needs and vision
    • improved personalization of user data
    • increased brand awareness through memorable design and logo
    • increased web traffic to the company’s website
    • opportunity to avoid competitors’ products that could distract or even drive away potential customers
    • also, increased trust in a brand with its convenient and attractive software

    Advantages and disadvantages of this type include:

    • cost of developing a quality streaming platform
    • also, the cost of finding a way to draw customers to a brand-new standalone platform

    Are you ready to get started with some of the best live videos and streaming shopping platform apps?

    As you can see, there are a lot of live shopping apps out there. However, no matter which one you decide to use, live shopping is an excellent way to interact with your customers in a meaningful way. Here, you can address customer queries, showcase products, and add some fun to your online shopping experience. This can only lead to more sales for your company. Also, Live shopping is here to stay and now is the time to take advantage of this lucrative and popular trend in e-commerce.

    The Ultimate Guide to Choosing the Right Live Streaming Sales Platform Image
    The Ultimate Guide to Choosing the Right Live Streaming Sales Platform; Photo by Pixabay.
  • What do you know about copy trading platforms?

    What do you know about copy trading platforms?

    This article analyzed a range of copy trading platforms systems to assist buyers to understand; what copy buying and selling is and identify the quality option for them to get started. Copy Trading Platforms are a sub-category of social buying and selling; however, the services offered with the aid of social buying and selling and copy buying and selling networks vary in several key components.

    Here is the article to explain, How to define copy trading platforms?

    Social trading is a fashionable category of a type of trading approach, whereas replica buying and selling refer to those platforms; that permit buyers to mechanically reproduce the buying and selling signals of different investors and create a portfolio of buyers. For investors inquisitive about finding a broking and buying and selling platform; this is much less centered on a specific form of buying and selling; we’ve got also reviewed our great forex brokers usual in your gain.

    Copy-trading platforms options;

    While it’s essential to don’t forget the most respected and nicely-regulated forex agents for reproduction buying and selling; you ought to additionally pay near interest to the systems on offer. Important characteristics to recollect consist of usability, accessibility, and available capabilities.

    MetaTrader 4;

    MetaTrader four is one of the maximum extensively used and diagnosed trading structures for copying indicators throughout the foreign exchange and other markets too. The lowest deposit needed for MT4 will trust the broker you choose.

    Just like trading forex or other markets with your broker, MT4 is one of the strong trading systems available. It can exist downloaded as a computing device platform, used in your browser, or downloaded in your mobile and smart gadgets with no loss of functionality.

    NinjaTrader;

    NinjaTrader is every other platform famous for technical analysis. It is a greater pricey platform to utilize, even though there’s a loose trial you may gain from before investing. Their subscription begins from $400 and, depending on your desire of dealer; you’ll be capable of joining your account at once to NinjaTrader to alternate immediately from their internet site.

    cTrader;

    cTrader is another major trading platform similar to MT4 which is a first-rate all-rounder and a top choice for replica signals and trading. Since cTrader exists broadly utilized by scalpers; the platform can provide a notable hazard so one can copy alternate indicators from some of the enterprise’s pinnacle scalpers. The quick order and execution time additionally makes cTrader ideal for ECN buying and selling.

    Tradency;

    Tradency is another platform choice if you are inquisitive about copy trading in foreign exchange and other markets. It is the pioneer inside the industry having launched in 2005. Tradency gives reflect trading services in addition to other car-buying and selling capabilities; that can make your copy buying and selling lifestyles even less difficult, such as Robo-advisors and vehicle-buying and selling platforms. If you want a more arms-off method, then Tradency is in all likelihood a suitable desire.

    What is copy trading platforms?

    Copy trading is a sort of automatic buying and selling wherein you can routinely replica different traders; what is copy trading? This approach that as those different investors earn or lose money with their trades, you may do the same. Copy trading is good for plenty varieties of investors whether you want to replicate exchange foreign exchange or different markets.

    It can be a precious trading method for people who are just beginning in trading or folks; that don’t want to dedicate a big quantity of time to handle their trades. Anyone can start reproduction buying and selling inside the feel that any dealer can pick to replicate trades. If you want to exist copied through others though; that exists generally restricted to the most a hit investors.

    Copy-trading journals;

    Now that you have had the threat to study a number of the pinnacle copy buying and selling brokers available for everything from copying foreign exchange signals, to stock traders, here is a more in-depth look at the records behind copy buying and selling. Copy trading is a distinctly new kind of trading. Before this, simplest replicate buying and selling were to exist had which remains to exist had thru Tradency.

    When mirror buying and selling, you alternate thru pre-built strategies which have stood formulated with the aid of algorithms. Copy buying and selling are comparable in lots of ways and use a lot of the same foundations. The distinction between copy buying and selling is that in place of just copying a pre-defined trading strategy; you could choose the first-class forex investors to follow and copy. In this way it’s miles a whole lot extra flexible and user-pleasant, presenting you with a whole lot greater manage over your choices of while to replicate forex signals and from whom.

    Best Copy Trading Platforms 2022 Lists;

    Below you discover a breakdown of the first-class copy trading platforms systems for 2022 lists. Scroll down to examine our in-intensity evaluation of every company!

    • eToro – Overall Best Copy Trading Platform 2022; Whereas once eToro changed into recognized entirely for social buying and selling; it has more currently turn out to be well-known for its replica buying and selling provides. You then have the possibility to take a far nearer look at each trader’s historical overall performance at eToro copy trading.
    • ZuluTrade – Best Copy Trading Broker for Beginners; ZuluTrade is every other broking in which the provider offered is commended by means of many traders inside the enterprise, specifically within the quality of the replica trading platform and the associated offerings.
    • NAGA Markets – They are well regulated by way of each FCA and CySEC presenting most protection to you as a foreign exchange trader.
    • Vantage – It is another famous broker with foreign exchange social and duplicate trading skills. These offerings are supplied through what is referred to as Vantage AutoTrade.
    • AvaTrade – It is one of the best forex reproduction trading systems primarily based in Ireland and controlled in Europe by way of the Central Bank of Ireland. They are certainly one of only a few top forex brokers to offer constant unfold foreign exchange trading.
    • Meta Trader 4 (MT4) – It is the maximum applied 0.33-birthday party trading platform in the online investment arena. The platform comes filled with superior gear, technical signs, and pricing charts – making it best for seasoned day buyers.
    • BingX – It is a replica buying and selling platform with over 1 million users within 100+ areas; BingX gives over 100 cryptos starting from Bitcoin, Ethereum, Dogecoin, Safemoon to Solana, and so forth. Users can use a demo account for reproduction buying and selling to reduce the risks.

    What is the distinction between traditional and copy trading platforms?

    First of all, allow’s to determine the way to replica trading differs from traditional buying and selling. The key difference is that trading implies active involvement inside the procedure of acting trades. The dealer selects the asset to exchange, analyzes, opens positions, Stop Loss and Take Profit. Professional buying and selling is largely an enterprise of making a living from the alternate in costs of the property. Just like businessmen, investors often dedicate all their running time to this, undergo all dangers, and gain blessings. Copy trading is essentially copying the trades of professional investors using the features of special systems.

    This kind of investment first appeared barely over a decade in the past thanks to the active development of online trading and social media technologies. Copy-trading structures unite investors – managers and amateur traders, who act as subscribers and investors. Upon subscription, all trades achieved using the manager have existed copied to a particular part of the investor’s capital both automatically or semi-automatically.

    The similarities and differences between Copy or Social or Mirror Trading Platforms;

    As we’ve looked at above, there are a few different forms of buying and selling available; which proportion a few similarities and differences.

    Social Trading Platforms;

    Social buying and selling is a hybrid form of reproduction trading that usually allows you to have interaction with different traders the usage of a broker. This way, you may percentage ideas, indicators, or even talk a way to copy foreign exchange signals and other factors. These agents also can provide exact data which you may view for each dealer earlier than determining to duplicate them or no longer. In this field, eToro is by using some distance the main social buying and selling broker within the international. If you’re inquisitive about knowing extra about brokers like eToro, you would advantage from finding out our article proposing each eToro Alternative.

    Copy Trading Platforms;

    Copy Trading brokers permit you to reproduce the performances of other buyers at that dealer. This can take much paperwork. For instance, you may pick to copy open trades from the man or woman or start from only new trades they make. You are essentially investing in the growth of a particular trader, which can be similar to an ETF form of funding.

    To be successful, you’ll want to pick out the fine copy trade broker, and buyers possible. You also can choose how an awful lot to invest in a sure trader, and you will benefit or lose proportionately to their overall performance. Chief on this field and an example when it comes to a popular reproduction trade broking are ZuluTrade.

    Mirror Trading Platforms;

    As mentioned above, replicate buying and selling is a little more fixed in its operations than reproduction trading. Here, you can open positions automatically on the same second the alternative traders do and the identical goes for final the alternate. Mirror trading is more primarily based on algorithms, automobile-buying and selling bots, and pre-described trading techniques. Traders code certain trading alerts and techniques and you could then select whether or now not to begin following these.

    A pioneer within the location of reflecting buying and selling is Tradency. They nevertheless offer all of those varieties of offerings and offer several trading alerts which they have performed for many years.

    What do you know about Copy Trading Platforms Image
    What do you know about Copy Trading Platforms?