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Take your corporate marketing to the next level with these social media tips

The web and, in particular, social media have democratized publishing and allowed firms to reach a global audience at a fraction of the cost of traditional media channels.

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How can Healthcare Companies Leverage Email Marketing Campaigns

In today’s modern multimedia world, it’s easier than ever for companies to market and promote themselves to a wider audience. The web and, in particular, social media have democratized publishing and allowed firms to reach a global audience at a fraction of the cost of traditional media channels.

Once marketers were limited to just four primary vehicles for advertising and promotion (TV, radio, print, billboards), with the advent of websites and social channels, there are more routes for marketing than ever.

1. Maximizing your marketing means having a structured promotion strategy.

While there’s certainly no denying that the social channels have opened previously unimaginable opportunities for extending your market and finding new business, to get the best from social media requires having a structured plan of attack. There’s little point in just aiming to increase your audience without first knowing who they are and what channels they’re most likely to use.

The first step in any marketing plan should be to consider what your business offers and the typical demographic of your customers. By understanding how your customers think, the social media channels they’re most likely to use, and the best ways to reach them, you’ll be in a stronger position to design a cohesive marketing plan that will have the most significant benefit for your firm.

2. Study how your rivals attract new customers

One of the best ways to understand your target market is to study how your rivals reach out to their clients. These days, having a presence on major channels like Facebook and Instagram should almost be a prerequisite, but that doesn’t mean there aren’t multiple other routes you could consider – tactics that may have a more significant impact depending on your market.

Rule 101 of social media marketing – choose the proper channels that are likely to have the most significant impact.

As mentioned above, the leading social media channels like Facebook should be on your list, but many other platforms could bring you better results. For example, suppose your company primarily sells goods of interest to women.

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In that case, you may well find Pinterest, with its primarily female user base (estimated to be around 77% women), could be a more valuable asset for your firm. It’s also worth noting that, as Pinterest features mostly photo and video content, if you have particularly attractive or striking media to showcase, this platform could also work well.

Likewise, millennials have been moving in their droves from Facebook to Instagram in recent years. Ironically, these two channels are owned by the same company – the newly named Meta (previously Facebook) – but that still hasn’t stopped the near-constant move to the platform. Consequently, if you a run a firm that offers goods or services to the younger market, you should think about engaging more on Instagram.

3. Tips to make the best of your social media marketing

Once you’ve selected how you’re going to reach and engage with your audience, the next step is to develop a strategy. Some aspects of social media marketing you should consider include:

a. Think about the time you post and create a calendar for the best effect:

Most social media marketing experts suggest certain times are more effective than others to post – and these typically vary from channel to channel. By creating a schedule and calendar, you’ll be more likely to hit these target points – plus, you will be able to monitor the effectiveness of your posts.

With that in mind, you should also think about understanding how well your posts have been received by monitoring likes, shares, comments, etc. For example, using Facebook analysis tactics will help you hone your content and time of posting better.

b. Don’t post too often:

One of the most common mistakes firms make when promoting themselves on social media is to think that they should post as often as possible. As with so many other aspects of life, less is often more when it comes to social media promotion, so think carefully about what you publish – and how often. Limiting your posts to only the most engaging subjects will likely generate a positive reaction.

Online Social Media Platform Instagram Followers And Likes

c. Put work into your video content:

Of all social media posts, video has a proven track record of having the highest engagement rate and is most likely to generate interest. However, unless you have skills in producing video in-house, you should enlist the help of a professional video and editing company.

d. Post content that encourages interaction and engagement:

The underlying premise of social media is that it should be social – and by that, marketing specialists suggest you should try to post content that encourages a reply from your viewers. This could be as simple as posing a question or running a survey. Anything that helps your viewers interact with your content will help build your following and generate a stronger relationship with your business.

It’s also worth remembering that if one of your followers (or even just a casual visitor) likes, shares, or comments, it’s highly likely that their followers will also see your post. Research suggests the average Facebook user has 338 friends – meaning if just one user engages with your content, that same post will likely reach most of those 338 users (and so on if another user engages).

e. Make sure you reply to comments and address potential problems:

Again, in the interests of being social on social media, you should reply to comments quickly and address any potentially negative problems with what you post. It’s doubtful you’re going to get your content posts right 100% of the time – but making sure you reply to negative feedback (and even positive feedback) is essential for making your audience feel involved and giving that all-important impression that your company is listening.

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Business

Navigating the Process of Selling Deceased Estate Shares

This article aims to provide a comprehensive guide to selling shares from a deceased estate. Process of Selling Deceased Estate Shares.

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Navigating the Process of Selling Deceased Estate Shares

1. Understanding the Basics of Selling Deceased Estate Shares

Dealing with a deceased estate can be a challenging and emotional process, especially when it comes to handling financial assets like shares. This article aims to provide a comprehensive guide to selling shares from a deceased estate.

2. What are Deceased Estate Shares?

Deceased estate shares refer to the stocks and shares that were owned by an individual who has passed away. These shares become part of the deceased’s estate and are subject to the terms of their will or estate plan.

3. The Importance of Valuing the Shares

The first step in selling deceased estate shares is to obtain a current valuation. This valuation is crucial for several reasons: it helps in distributing the estate among beneficiaries, it may be necessary for tax purposes, and it gives an idea of the market value of the shares.

4. Legal Requirements and Executor Responsibilities

The executor of the estate plays a pivotal role in the management and distribution of the deceased’s assets. This section will cover the legal responsibilities and steps the executor needs to take to lawfully sell the shares.

5. Obtaining Probate

Before any action can be taken with the shares, it’s often necessary to obtain probate. Probate is a legal process that confirms the executor’s authority to deal with the deceased’s assets.

Transferring Shares into the Executor’s Name

Once probate is granted, shares may need to be transferred into the name of the executor. This process varies depending on the company and the type of shares.

6. The Process of Selling Shares

After completing legal formalities, the executor can proceed with selling the shares. This section will outline the steps involved in this process, including choosing a brokerage or financial service, understanding market conditions, and making informed decisions.

Deciding on the Right Time to Sell

Timing can significantly impact the returns from selling shares. Executors need to consider market conditions and financial advice to determine the best time to sell.

Completing the Sale

This subsection will detail the actual process of selling shares, including placing orders, handling transaction fees, and ensuring all regulatory requirements are met.

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7. Navigating Tax Implications and Reporting

Managing tax obligations is a critical aspect of selling deceased estate shares. This section will explain the potential tax implications and the importance of accurate reporting for both capital gains tax and inheritance tax considerations.

Understanding Capital Gains Tax Responsibilities

When shares are sold, any profit made from the time of the deceased’s passing to the sale date may be subject to capital gains tax. Executors need to be aware of these implications and plan accordingly.

Inheritance Tax Considerations

In some jurisdictions, the value of the deceased estate’s shares might impact inheritance tax calculations. It’s essential for executors to understand these aspects in order to ensure compliance with tax laws.

8. Common Challenges and How to Overcome Them

Selling deceased estate shares can present unique challenges. This section will discuss common issues such as disputed wills, fragmented information about the shares, and market volatility.

Dealing with Disputed Wills and Beneficiary Disagreements

Disputes over the will or disagreements among beneficiaries can complicate the process. Executors must handle these situations delicately and legally.

Managing Market Volatility

Shares can be subject to market fluctuations. Executors should be prepared for this volatility and may need to consult financial advisors to navigate these waters effectively.

9. Tips for Executors Handling Deceased Estate Shares

This section will provide practical advice for executors, including the importance of seeking professional advice, keeping thorough records, and communicating clearly with beneficiaries.

Seeking Professional Financial and Legal Advice

The complexity of selling shares from a deceased estate often necessitates professional advice. This can range from legal counsel to financial advisory services.

Record Keeping and Communication with Beneficiaries

Maintaining transparent and thorough records is crucial. Executors should also prioritize clear and consistent communication with all beneficiaries to avoid misunderstandings.

Conclusion

Selling shares from a deceased estate is a responsibility that requires careful attention to legal, financial, and interpersonal dynamics. By understanding the process, staying informed about tax obligations, and tackling challenges head-on, executors can fulfill their duties effectively and respectfully.

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