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Success as an Email Marketer: A Few Important Points

Email marketing remains one of the most effective strategies for doing online promotions. Success as an email marketer: important points.

Published

4 years ago

August 22, 2020

TwinzTech

Success as an Email Marketer a Few Important Points

Given that people now spend more and more of their time browsing the net, any business must do some of their marketing online. SEO or search engine optimization is the least that they can do.

Business people can step up a little by doing social media marketing campaigns. Promoting on social media sounds so simple, but this takes time and a solid strategy to succeed. If you, as a business owner, cannot devote time to develop content for social media (it’s understandable), you’d benefit more if you hired a reliable social media manager.

Another thing that you can try is email marketing. As the term implies, you send emails to people to make announcements and for other business-related communication. Like other marketing efforts, success on this one relies on several factors. We share some of them here.

1. A good mailing list

Compared to social media communication, where you post things publicly, so a good number of people can easily see them, email marketing is more intimate. You somewhat slide in someone’s private space (their inbox). Hence, you must be extra careful.

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The first thing that you should do is make a list of people that you communicate via email with. It shouldn’t just include anyone. They must be people who came to you or responded to any of your more public engagement efforts. More importantly, they must have given their email addresses to you themselves.

We know that people don’t just give away contact details. To build a good list, you must be able and ready to give out something valuable in exchange for their email addresses. Coupon? An exclusive newsletter?

2. Knowledge about your audience

Any online marketing guide will tell you that knowing your audience is easily one of the most essential things that you should do. You can do this by doing thorough market research that covers potential consumers of your products and services.

Analyzing the feedback that you get from your old customers is also an excellent way to augment your knowledge of the market you serve.

Sending emails is just part of the bigger goal of establishing excellent customer relationships. As we all know, relationships flourish if both parties have mutual knowledge and understanding of each other. It makes their interactions more purposeful and useful.

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3. Legal compliance

Email marketing has been used irresponsibly in the past. As a result, many people now don’t like getting emails from businesses. The government was forced to step in to put into place regulations that aim to protect consumers from privacy intrusions and misleading information.

The set of laws that govern emailing in business is collectively known as the CAN-SPAM Act. Master this before doing anything to avoid trouble, which can be exhausting and costly.

Email marketing remains one of the most effective strategies for doing online promotions. It’s an opportunity for businesses like yours to get a bit more personal with your customers or target audience. Maximize the benefit that you get from it by being respectful and compliant with the law.

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.

Published

6 days ago

May 9, 2024

TwinzTech

Navigating the Process of Selling Deceased Estate Shares

Table of Contents

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.