The robot here not physically. But a software for trading forex automatically. No you do order Buy / Sell, the robot will be working on its own.
This program can be run using the Software META TRADER - Expert Advisor MT4 through function. Automatic Trading System is running interactively deal directly with each tick market price data (SPOT), the Program to respond to the market price of each tick data with execution in AUTO.
EA is made through the facilities of the Expert Advisor Builder and we have developed further using MQL Programming Language C + +, we have though and we testes with the Strategy and Technical Analysis, All runs automatically.
The program will conduct market transactions in and out automatically without human intervention is required. While you sleep, While You Work, While you relax with the family. This program gives you consistent profits.
What is Forex? For those who do not know that, continue reading this article ..
Forex (Foreign Exchange)
Forex stands for Foreign Exchange, or the exchange of the value of different currencies, forex activity unwittingly or consciously, often carried out by all people in the world, if you travel abroad you must exchange your currency in the currency of your destination country. Or another example of a result of export-import activities, the needs of the market and banking institutions, must conduct the currency exchange!
If we trade using exchange difference between purchase price and selling prices fluctuate every minute, usually referred to by traders who typically do forex trading through a trading house / brokers! Can an online Internet or via phone, or by manually though!
What is the difference traditional forex market and forex market modern / online?
For traditional forex market level of money that is used is 1:1, or a means for trading worth $ 100 you need the money $ 100, or the means to perform a traditional market can be said to have substantial capital, generally done offline traditional trading in FOREX pasar2.
While the modern market in trading using the levels and margins, perdangangannya was using online media.
Traded on the FOREX:
Couples (Pairs) Currency common in the world (for example: EUR / USD, GBP / USD, USD / JPY, USD / CHF). So Forex means the buying or selling of a currency against other currencies in order to gain advantage
Illustration:
Buy EUR / USD means Euro Buy and Sell USDollar
Sell USD / JPY means the USDollar Sell and buy Japanese yen
Example:
Buy EUR / USD 1.3000 means that 1 EURO Buy to sell USD 1.3000
What currencies are the most demanding people in the trade?
because, most people trading the major currencies of the world (negera2 G7 and advanced), that reason alone because the currency is relatively stable and its movement is not too sharp, and again this negara2 currency was the one who will mempengaruhin movement of world economy
- EUR = "euro" (European currency)
- GBP = "Sterling" or "Cable" (British currency)
- AUD = "Aussie Dollar" (Australian currency)
- NZD = "Kiwi" (New Zealand currency)
- JPY = "Yen" (Japanese currency)
- CHF = Swiss Franc / Swissy "(Swiss Currency)
- CAD = "Dollar Canada" (Canadian currency)
- USD = "U.S. Dollar" or "Buck" (USA currency)
What is the level and margin?
Level here in modern FOREX market like the example is 1:100, or the means to trade $ 100 of capital should be employed only 1:100 its course, or $ 1 only,
$ 1 it was also mentioned by a margin (or also known as a deposit for the purchase quantity $ 100).
How could $ 1 can buy $ 100??
because it actually can be said brokers who spend the money $ 100 is for you, so you only need to spend money (deposit accounts) to bear the losses and gains of $ 100 transaction. So $ 1 is a guarantee of $ 100, and the rest account as the agency laen losses and gains from such transactions. Therefore this is the forex trading system more attractive to modern people than traditional
must be careful, because the levels or leverage could be a double-edged sword.
Examples are:
Well if you play with $ 1 = $ 100, meaning equal to $ 1 is 0.1 lot, if your money is $ 10 that you play, every increase of 20pips means you'll get $ 20 extra, but you do not forget as well as any decline in 20pips you mean already experiencing losses minus $ 20, your capital ever since the previous $ 10, means the brokers will make a margin call because your money is not enough! Alias burn your money because the capital is up only because of the decrease was!
What is the price of BID / OFFER?
Consider the example of currency Eur / USD follows: 1.1810/1.1813, 1.1810 and 1.1813 is the bid price is the price offer. Bid means the price at which brokers (wholesalers) want to buy our currency. Offer means the price at which brokers (wholesalers) want to sell the currency to us. So if you put buy position, then when the order is executed buy used is the offer price. Meanwhile, when put sell position, then when executed sell order that is used is the bid price
How do I get a profit in trading?
His way is by analyzing a currency pair which will naek or down, and take its difference from the trade.
If you believe the currency will strengthen (naek) immediately do buy position, then wait for prices naek, do closed (sell) when the currency exceeds the purchase price you earlier.
If you believe the currency will weaken (go down) do sell position, wait for prices to fall, do closed (buy) when the currency below the price you'd
As the example is this:
Opening of Euro 1.1750 / 1.1753, you analyze that the euro will be a position naek 1.1770/1.1767, then the open buy position when the price is (then you buy at the position of 1.1753), and when the position changed to 1.1770/1.1773, do the closed position / sell currency these (at position 1.1770)
Consider the example above, the offer price and bid price, notice the difference in price and sellnya buy, and when you use the offer price and when to use the bid price
How do I calculate the profit that we can?
We suppose that the level of forex platform that we use is 1:100, then I calculate the profit is
Profit = Margin x (difference between buy-sell price / 100)
for example the difference between purchase price and you sell when the transaction is 70 pips, and used margin (deposit) is $ 10 (for purchase of $ 1000) then
Profit = $ 10 x (70/100) = $ 7
What is market price, stop orders and limit price?
When you open a position of course you will find the option to buy / sell limit price or market price. Market Price is the buy / sell at a price at that time in the market. Stop orders are buy / sell when the market direction as you want, this permisalan price of USD / JPY at 108.72 and you feel it will move higher, you get put a stop order to buy at 108.82, if the price was not up to 108.82 then the order you will not be executed.
While Price is the limit you set yourself when you want to buy / sell at what price level, or by word laen if the current rate you requested is not touched, then the price will not be executed and can be canceled at any time
What is stop loss and take profit?
Stop loss is the lowest price limit or a loss you can bear
Take profit is the highest price restrictions or benefits that may want
if your order is subjected to any one of the constraints that the position will be closed automatically
Forex Trading Is it Halal ?
Trading in Forex is 100% Free and Legal Tax according to state law and religious law
Trading Forex or Foreign Exchange is NOT gambling, because Forex trading can be analyzed by REAL, besides that it also equals Forex trading in general and differs only in its object only (the Forex is the currency object, while the object is in the public trading of goods or services).
*
Trading Forex is not a form of investment or HYIP, but Trading Trading Forex is the currency in which you own the mentransaksikannya on the market, therefore all the risks and benefits is purely from your own fully control them!
Group Currency Pairs (Pairs)
Currencies Direct: (EUR / USD, GBP / USD and other currencies are USD her in the back)
Indirect Currency: (USD / JPY, USD / CHF and other currencies the USD was in front)
Cross Currency Rate: (GBP / JPY, EUR / CHF, which is the currency that is not comparable with USD)
Base and Counter:
Example: GBP / USD
This means the Base Currency: GBP and Counter Currencynya: USD
Market Actors
Who are the participant in this Forex Market?
*
Government
*
Company
*
Financial Institutions
*
Bank
*
The Broker
*
Business Performer
*
Society (Retail Customers)
Market Hours
Forex markets move and open 24 hours (Monday through Saturday morning pk.4 pk.4 am GMT) GMT = Western Indonesian Time or GMT +7
Time Zone:
- Asian Times (Tokyo): 6am - 3pm GMT
- Europe Time (London): 2pm - 11pm GMT
- USA Time (New York): 7pm - 4am GMT
Why Trade the FOREX?
- No Commission
- Sale and Purchase Price Difference (spread) is very low
- 2 Ways Opportunity (both can benefit from the price rise or fall
- There is no intermediary
- Leverage (no leverage)
- 24 Hours (Monday morning to Saturday morning GMT)
- Highly liquid (turnover above $ 2 Trillion / day
- Prices can not be "fried" and toyed
- Can be started with small capital (can with $ 100)
- Contract Size and the Flexible Lot
- There is a Free Demo with real time based on market prices
- Can automatic trading (Metatrader)
- Basic functions of orders is very easy to understand
- Can generate a high Return of Investment (for Professional level)
- The Forex market is not likely go bankrupt because it concerns the world economy
- Equipment to be able to start Trading
- A set of Computer / Laptop (Pentium 3 and above or equivalent. Recommended Pentium 4 and above)
- Windows Operating System (2000, XP, or Vista)
- Adequate Internet connection (56k and above recommended)
- Software provided by brokers (Metatrader)
- PDA based on Windows (if you want mobile trading - Metatrader)
- The atmosphere and convenient trading place for your trading is not disturbed by other things
TYPES OF PUBLIC ACCOUNTS:
Micro Account (micro lot) with units ranging from 0.01 lot, the recommended minimum capital: above $ 100
Mini Accounts (mini lots): with units ranging from 0.1 lot, the recommended minimum capital: above $ 1000
Regular Account (Regular Lot): with units from 1 lot, the recommended minimum capital: above $ 5000
Units in Forex
Pip or the Point: The smallest unit for movement in the Forex, eg, from 1.3000 the price moves to 1.3018, it means moving up 18 pips, and pips determine your profit and loss
Lot: Unit number of the contract (contract size) or volume. Like the regular 1 lot = $ 100,000 contract size quantity.
Example:
Buy 2 lots of EUR / USD at 1.3000, means: Buying 200.000 EURO to redeem (sell) 1.3000 x 200.000 = USD 260 000
Spread: That is the difference in price Buy and Sell
Account Type: Mini Accounts (0.1 lots); Regular Accounts (1 lot)
Contract Value (Quantity Contract Size)
That is the actual number traded in the market
Contract Size is distinguished on the basis of Lot, namely:
0.1 lot = unit value of the contract: $ 10,000 (mini lots)
1 lot = unit value of the contract: $ 100,000 (regular lot)
Combined Contract Value:
If we use 2.6 lot like the mean value of the contract is $ 260,000
(Total contract value is NOT the capital)
In this modern Forex Trading we do not need to spend capital value of the contract, because here you can trade use warranty (Margin).
How Reading Economic Conditions
ILLUSTRATION:
*
When the U.S. economy stronger than Europe, the price of currency pairs pair EUR / USD will go down (Sell EUR USD Buy or Sell EUR / USD)
*
When economic conditions weaken USA than Japan, the price of currency pairs pair USD / JPY will go down (Sell USD Buy or Sell JPY USD / JPY)
*
When the British economy stronger than Japan, the price of currency pairs pair GBP / JPY will rise (Buy GBP Sell or Buy JPY GBP / JPY)
Important Note: If the condition of a country to strengthen the BUY at the price of its currency, but if it weakens it in the price of its currency SELL
Readings Prices Buy and Sell
Jual (Sell) is often referred to as the Bid or Short term, while Buy (Buy) is often referred to as Ask or Long
BUY if you expect the price of its pairs move up to get Profit
SELL if you expect the price of its pairs move down to get Profit
Example for reading order
Example:
At 6 pm the position of EUR / USD:
Bid (Sell) Ask (Buy)
1.3000 1.3002
(At that time we order pairs of the position of the Bid (Sell) at rate 1.3000)
And after that in our portfolio will account directly (minus) -2 floating point because there is a difference of this spread (the difference in price of his buy and sell price)
At 7 pm the position of EUR / USD turned into:
Bid (Sell) Ask (Buy)
1.2986 1.2988
(At this moment we close our position distinguished from 1.3000 at 1.2988 rate? See figures Ask her)
In this example, we will get the profit at 1.3000 - 1.2988 = 12 pips
If we order the Bid (Sell), and then if its price Ask (Buy) moves down smaller than the original price of our Bid, then we will get a profit.
When we order with Ask (Buy), and then if its bid price (Sell) moves up beyond our Ask the original price, then we will get a profit.
But if on the contrary it will Loss (or Floating Loss)
* Floating ie when the price position we have not closed (diliquid to be realized) and still in the market mengambangbergerak
Leverage and Margin
I Do Not Have Money To Buy 100 000 EURO, how? The answer: LEVERAGE and MARGIN
Illustration:
"Leverage" is like we are borrowing money at a brokerage firm with a certain amount and to provide some assurance that called the "Margin"
Kind of leverage (or leverage)
There is some kind of leverage in general, namely:
*
1:1 means the guarantee money = value of contract (100%)
*
1:50 means the money guarantee is 2% of the total contract value
*
1:100 means the money guarantee is 1% of the total contract value
*
1:200 means the money guarantee is 0.50% of total contract value
*
1:400 means the money guarantee is 0.25% of total contract value
*
1:500 means the money guarantee is 0.20% of total contract value
Description: = Margin Collateral
Collateral (margin) will be returned to the portfolio of your account balance back in full after your order closed position (close) or clear
Margin Calculation:
For Indirect Currency (USD / JPY, USD / CHF, USD / ...):
FORMULA: Lot x 100 000 x% Margin
Example:
Buy 0.3 lot USD / JPY at 121.07 price, with leverage 1:200 = 0.3 x 100 000 x 0.5% = $ 150
For Currencies Direct (GBP / USD, EUR / USD, ... / USD):
FORMULA: Lot x 100 000 x% Margin x Market Price
Example:
Buy 2.1 lot of EUR / USD at price 1.3010, with a leverage of 1:500 = 2.1 x 100 000 x 0.2% x 1.3010 = EUR 546.42
For GENERAL Currency Cross Rate (GBP / JPY, EUR / GBP, and other currencies that are not proportionate with the USD):
FORMULA: Cross Margin for Base Rate is calculated from Currencynya (the currency in front)
Example: (GBP / JPY) = Base Currencynya is GBP
Buy 1.5 lot GBP / JPY at price of 242.65, with leverage of 1:500 (eg, at the time the price of GBP / USD = 2.0360)
= 1.5 x 100 000 x 0.2% x 2.0360 = USD 610.8
You will not be able to order if the rest of your Free Margin is insufficient. Therefore lotnya with the power to adjust the use of your capital.
Illustrative Use of Leverage & Margin
ILLUSTRATION (sample with 1:500 leverage settings in your account)
You want to buy a $ 100,000 USD / JPY at market (or = 1 lot of regular), you do not need to spend capital money of $ 100,000, but you only spend money that is only the guarantee of its 0.2% from $ 100,000 ie $ 200 only.
(Eg to leverage 1:500 margin 0.2%)
And if you get a profit from the transaction, then the results that you can be as great as you are trading with a capital of $ 100,000 was directly in the market without leverage.
And if the loss was, you also only loss of $ 200 and not $ 100,000. (You can also limit your losses with Stop Loss)
So trade in Forex is more profitable Modern and lower risk than the traditional type because of the facility Forex Leverage and Margin in the Modern. Besides, the potential for the results obtained were also the same size.
With high leverage facilities can also increase your endurance points
Calculation of Profit and Loss
For Currencies Direct: (the USD was in the back, for example: EUR / USD, GBP / USD)
FORMULA:
movement pips x lots x $ 10
Example: Buy 1 lot of EUR / USD from 1.3000 to 1.3008 = 8 pips
8 pips x 1 x $ 10 = $ 80
For Indirect Currency: (a USD him in front, example: USD / JPY, USD / CHF)
FORMULA:
(Open price - the price close) x lots x 100,000 / close price
Example: Sell 0.2 lot USD / JPY from 122.12 to 121.08
((122.12 - 121.08) x 0.2 x 100.000) / 121.08 = $ 171.78
For Cross Currency Rate GENERAL: (which is not comparable with the USD, for example: GBP / JPY, EUR / GBP)
FORMULA: If Counter Currencynya manifold Direct = Lot x10 x movement pointnya
If the manifold Currencynya Counter Indirect = (Lot x 1000 / price at the time the counter currency) x movement pointnya
Example (for the type of Indirect): Sell 0.3 lot GBP / JPY from 242.85 to 242.50 (currency counter (which is behind) is JPY Indirect).
242.85 to 242.50 = 35 pips (and the price of USD / JPY was at 119.15)
(0.3 x 1000 / 119.15) x 35 pips = $ 88.12
Example (for the type of Direct): Buy 0.2 lot of EUR / GBP from 0.6700 to 0.6725 (currency counter (which is behind) was GBP Direct)
0.6700 to 0.6725 = 25 pips 0.2 x 10 x 25 pips = $ 50
(And if Loss Calculations is also the same)
Column Balance, Equity, Margin
Balance: ie the amount of money that has been realized or that have been closed (not calculated by the position of floating profit / lossnya if any)
Equity: the amount of money you are after is calculated with floating profit / loss
Margin: the total use of margin (collateral) you according to your order total is running (open positions)
Free Margin: the rest of the margin that you can use to order (if you still have a floating position for withdrawal then you can retrieve it from the rest of the money in the Free Margin this)
Margin Level: the percentage of equity versus your Margin
Margin Call
Margin Call is common sense: that is a condition where the money you drop below the margin required (due to loss), and you can terclose position automatically when exposed to this Margin Call
Example:
Your Money $ 3000, and you open 1 lot position in USD / JPY at 1:100 leverage (1%), the required margin is $ 1000. If the rest of your equity money floating loss is decreased due to touch $ 1000 or below it, then open your position will automatically be forcibly closed by the system.
Each brokerage firm has a margin call feature different,
For example: in some your broker will be subject to Level Margin Margin Call if you have less than 5%. The lower the percentage of the distance endurance pointnya could become longer and further.
If the trade, do not use the ratio of lots that are too large compared to your equity capital, because it can easily be exposed to a margin call.
Margin Call is also functioning for the total money you do not become negative due to loss that occurred in your order (except for certain conditions such as Fast Market)
Rollover / Swap / Interest / Interest
That is the value of interest earned or charged to you based on the value of the interest rate of each currency. Interest will be calculated from the open position through pk.4 you every morning WIB (GMT +7)
Example:
USD Swap Rate = 5.25%, Interest Rate = 0.5% JPY
BUY USD / JPY means ditabungkan borrow in JPY to USD, so you will get the interest rate: -0.5% + 5.25% = +4.75%
And if the opposite, SELL USD / JPY, then you will be charged by the interest expense -5.25% + 0.5% = -4.75%
Interest is calculated daily (just after pk.4 morning GMT), and is calculated based on the total volume of lots (quantity contract sizenya) and NOT from your capital.
Interest is calculated starting from Monday to Friday, but on Wednesday-Thursday rates are calculated 3x as much (so a total of 1 week is = 7x interest).
Please see the table rates per day from your broker
Table Flowers
USD / JPY:
If we Buy USD / JPY will earn interest + $ 13.50 / day if we Sell USD / JPY will bear interest of - $ 14.30 / day There are also brokers who use the point system, so should you convert to USD is subject to the rate.
Interest is calculated starting from Monday to Friday, but on Wednesday-Thursday rates are calculated 3x as much (so a total of 1 week is = 7x interest)
How to view a table of interest with Metatrader Software:
Right click on the Table Mata money, then select "Symbols", then "Properties"
Hedging
Hedging / Locking
That is a facility where you can open an open order Buy and Sell on same currency (the same number of lots) and one without the closed position, this technique is used to lock in your position which is usually used to lock the position that was floating loss.
Example:
You open orders Buy EUR / USD at 1.3000 and then position you suffer loss by 50 points (down to 1.2950) and then at 1.2950 is your key positions (hedging) by way of a new open Sell order at 1.2950 on the EUR / USD again in the number of lots same magnitude. So in this way then you will remain floating loss -50 point on, until later one or both of these hedging positions you close. So even if the price drops continue towards 1.2500 was your loss position remain -50 points.
Besides that hedging can also be used for your trading technique variations.
Trailing Stops (TS)
That is a function which can protect your profits when you reach a certain point, by raising auto Lossnya Stop gradually. Set Trailing Stops in 15 points, meaning when your profits have exceeded 15 points (that is 16 points) then this function will be active TS. To use this TS, your computer should be switched ON and also have online, because the function of TS is running on your computer and NOT on the server broker, but if your computer off and then On again the functions of TS will be able to walk back to continue the previous (if still possible)
How it Works Trailing Stops
Example:
You set Trailing Stops at number 20 points, and you order Buy the market at the price of 1.3000, when later the price rose to 1.3021 then the TS will be active with a way to set the Stop Lossnya (SL) are automatically in the price of 1.3001 (to protect your profits with a distance of 20 pips , namely from 1.3021-20 = 1 pips profit) if then the price rose to 1.3030 then you will automatically join the SL is increased at 1.3010, and if it fell from 1.3030 to 1.3015 then you will remain in SL 1.3010 and not go down, because to protect your profits are already locked by the TS function is to regulate its SL automatically, so with this TS also be able to get the maximum profit and not worry about your profit will turn into loss. Use of this TS you should consider the market situation as well, because the TS can only be active after touching a profit point of setting our TS.
Pending Orders
Pending order is an order which will happen when touching a certain price point in accordance with our orders orders.
As for the various pending order is:
*
Buy Stop
*
Sell Stop
*
Buy Limit
*
Sell Limit
BUY & SELL STOP STOP ORDER
BUY STOP: Order order BUY Above prices are now underway, with expectations if the market price moves up to a certain point, and at that point will be automatically installed Buy the hope that the graph can be moved up again in order to gain profit
STOP SELL: SELL orders Ordering Below prices are now underway, with expectations if the market price moves down to a certain point, and at that point will be automatically installed Sell in the hope that the graph can be moved down again in order to profit.
BUY SELL LIMIT & LIMIT ORDERS
BUY LIMIT: Order order BUY Underneath prices are now underway, with expectations if the market price moves down to a certain point, and at that point will be automatically installed Buy the hope that after the chart to move up in order to profit.
SELL LIMIT: Issue orders SELL Above prices are now underway, with expectations if the market price moves up to a certain point, and at that point will be automatically installed Sell in the hope that after the chart to move down to profit.
Fast Market and slippage
Fast Market / hectic / Volatile Market:
That is a very significant market movement and can cause prices to move very fast and the price jumps occur. This is usually caused by an important news or other things that can cause a very high movement in the market. And if you order in the hectic moment most likely to occur slippage or delay, requote (request price orders repeatedly for the adjustment) and spread the buying and selling prices can also be widened for a moment, because it must adjust to the fast-moving market price is .
Slippage
That is a condition in which order we missed some points so far from the point that we order (this happens because the price jumps due to market volatility - hectic / Fast Market)
TP and SL
Besides the commands order above, in Forex Trading there are also the following terms for the execution of your order (to Closingnya).
Take Profit (TP): It is to target your profits
Stop Loss (SL): That is to limit your losses (or cut loss)
SL should be installed in any order you, because to limit your losses to no worse off if you are exposed to loss of open positions. And ideally is maximum SL 50 pips or depending on your risk management (risk level)
TIPS
TIPS-TIPS trading:
Do not be Greedy, Do not be careless, Focus, and Always control your risk
Do not use a lot size that is too large, and ideally use a total of max 30% of your capital.
Example: $ 1000 then use the maximum 0.3 lots total.
The formula for calculation of Total Lot Ideal Usage is: (Capital x 30) / 100 000
Example: Capital $ 2000, then ideally use: ($ 2,000 x 30 / 100000) = 0.6 lots)
Do not trade without the use of Stop Loss, because it will be VERY DANGEROUS!
Use the Demo account first if you still want to experiment (simulation), but if you are sure and certain, then you can go to the Live Trading (Real Account)
The movement of the currency price chart is like a wave that where if the price of the currency falls, then there must be a turning point that is rising, and so did the opposite. But the period and the portion of the rise and fall of a currency is different. Therefore, learn also the position of the previous days, the point of resistance, News-Gazette, and technical trends graph before you make an open order
Get Trading Signals also aid in your PyramidForex_Signals as Second Opinion
Now it all does not matter, because we provide a system (program) for sale - buy foreign currency without requiring you to understand the details and even you do not need to intervene in a transaction that, since the software is what will do it. Condition is very simple, the software must be connected to the internet.
Program (Software PyramidEA) will conduct market transactions in and out automatically without your intervention is required. While you sleep, While You Work, While you relax with the family. This program gives you consistent profits.
Marketing is often equated with sales. Sure, marketing is marketing and sales is sales. The sale is part of the marketing tactics in dimension. Marketing we know as the grand theory includes studies of product strategy. This, providing marketing rationalization contribute to product strategy is deductive.
Through this summary can be found three contributions to the strategy of product marketing.The first contribution, market analysis is required at all stages of product planning for the idea that providing information in accordance with the needs and desires of consumers.
The third contribution is in deciding the target market and positioning strategy. Search marketing management strategy and make the best decision to target and market the product. The ruling, often very important in achieving good success of new products or existing products. Because the choice of specification and product positioning is closely related, then position the product to be considered at an early stage marketing planning process. Positioning decision to include a product or brand, one product line or mix of product lines within a single business unit.Product strategy is one of the important decisions within the scope of marketing.
So, what is appropriate in marketing and absorbed by the product strategy. In brief marketing contribute to product strategy in terms of product life cycle, product specification, targeting and marketing the product.
Most products that have been offered through street marketing is a product that is consumptive. See current fasting month as of now, you easily find on the roadside, the teens who offer food or drink and break. Outside of consumer products, which also are offered through street marketing is business services such as repair shop for example.
So, how powerful street marketing strategy to bring buyers and increase profits by a landslide?
So, how powerful street marketing strategy to bring buyers and increase profits by a landslide?
- Form a Powerful Marketing Team. Look for the members of the marketing team with full of energy. Why? Because marketing street drain enough energy. Therefore, you should recruit young people. Can a schoolgirl or those still in college.
- Set a clear target. Suppose that every marketer targeted to go to 10 homes or meet 10 people in one hour with a minimum target of closing 30 percent.
- Make Offer a No Power Denied Consumers. What is it? Offering sensational! This is one key to marketing success road. Give a sensational offer that makes the consumer not resist the power. If Mas said here quoting Bligus Ardhi Tung Desem Waringin, offering sensational against the USP (U = Ultimate Advantage, S = Sensational Offer, P = Powerful Promise.)Outsmart the MBA Clones: The Alternative Guide to Competitive Strategy, Marketing and Branding
Applying a street marketing has advantages in ease of measuring its effectiveness. Because, do not have to wait until a week or even a month, you can even measure its effectiveness based on the size of each hour. Marketing street is a battering ram when all sorts of online marketing efforts that so far you do not produce satisfactory results.
