Six Things to Consider Before You Transfer Your Home Loan

The technical term for a loan transfer is ‘takeover of loan’. You approach a bank. It pays up for whatever remains of your loan amount to your former bank. Then, it issues a loan to you on the same amount, but with new interest rates and tenure.

This transaction lets you choose lower interest rates and pay less EMIs. It brings extra business to the bank. Sounds like a win-win? It is!

However, the rate of interest and monthly installments, as relevant as they are, shouldn’t be the only things you consider before choosing an alternative to transfer home loan balance. Here are six other factors that you must explore and weigh before making a decision.

  1. How Much Would a Loan Balance Transfer Help You with Long-Term Savings?

The whole point of shifting loans is to relieve the pressure of higher EMIs and keep you from overpaying. A cost-benefit analysis becomes necessary here. Whether or not you will benefit from transferring the loan depends on four factors.

  • The outstanding loan balance.
  • The remaining tenure of the current loan and that offered by the new bank.
  • The transfer cost of the new bank.
  • The applicable rate of interest.

Let’s assume that you take a loan for ₹50,00,000 for twenty years at 9.70 percent per annum interest. You still have fifteen years left on the tenure. You pay ₹47,262 as monthly EMI and have an outstanding amount of ₹44,74,000. If a bank offers you 8.65 percent per annum with a cost of ₹13,000 for transfer and a difference of ₹2,813 in the EMI, you will save ₹4,93,000 after repaying the loan with the new bank.

For the same loan, if the remaining amount and tenure are ₹22,39,000 and five years respectively, at 8.96{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} p.a. and new EMI of ₹1,153, you will only save ₹58,340. With the transfer cost of ₹10,840, processing fee, administrative charges, and switch-over free, it may not be a beneficial deal.

For a shorter tenure or small remaining balance, switching banks may not give you any significant profit. Use any bank’s online home loan transfer calculator to find out how much you will be saving.

  1. What Are the Correct Collateral Adjustments?

Having something to put up as collateral is an essential part of housing loan eligibilities. When you switch banks, it is not wise to offer the whole original insurance to the new lender.

Transferring a loan is very much like taking a new loan to pay an old one, albeit with some benefits. However, the amount you owe could get reduced because of the rate of interest. It’s why you should offer a part of the original collateral or some other security which is lesser in value.

  1. How Much Will the Switching Costs Put You Back?

Transferring home loan balance is a time-taking process. The bank may also charge a processing fee or a switch-over fee. Additionally, the legal fee, valuation fee, conversion fees, stamp duty, technical costs, and any tax related to documentation.

  1. Are There Any Allied Account Requirements?

A bank may require you to create a savings account with them if you wish to avail their loan service. During home loan balance transfer, you must inquire any charges and the offered facilities regarding the same.

Also, if all your banking is managed elsewhere, getting a new account and understanding how the new lender bank operates may be a hassle you don’t want to tackle at present.

  1. What Does the Fine Print Say on the Contract?

It is recommended that you go through every term and condition if you want to avoid being trapped in the web of technicality.

If the new lender is offering incredibly low interest, what is in it for them? If it turns out to be a short-term offer for promotions, you will have a hard time proving that the bank conned you. If the lower interests are a part of teaser loans, they will get higher in the later years, knocking off chances of any savings you had planned.

  1. Don’t Hurry

Comparing your existing bank’s offers with any new lenders is also a good way to determine how good a deal you are getting. Since switching banks to transfer home loan balance takes time and clean paperwork, you must compare, read through, analyze, and take your time to come up with a decision.

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A Detailed Guide on Home Loan Balance Transfer

For a prospective home loan seeker, the interest rate on loan is the biggest matter of concern. The interest rate on home loans varies according to the banks. It is anywhere in between 9.8{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} to 12{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}. A home loan bank transfer helps you shift the existing home loan to another bank that offers a lesser rate on interest.

It is not always the interest rate that dictates a home loan transfer; it could also be due to better services and offers. Such transfers are applicable if the customer has paid the EMI for more than 12 months with the existing bank.

The Prime Features of a Home Loan Bank transfer

  • Hassle free transfer of the outstanding home loan amount from one bank to another
  • The home loan borrower has to pay a fee to the new lender, and it is usually up to 1{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the loan transferred
  • The transfer of the home loan can be availed only after a given period, the details of which are mentioned in the original loan document
  • After the transfer, the loan borrower owes the new bank or lender the principal loan amount that was transferred plus the charges applicable

The Common Scenarios for a home loan transfer

Apart from the reduction in interest rates, there are other reasons why a borrower would want to change his lender.

  • If the current lender does not agree to negotiations on some of the terms and conditions
  • If the lender is not open to a loan top-up
  • If the borrower is not happy with the services of the current bank

Fee calculation

Loan transfers are beneficial if the borrower is in the early stages of the home loan. For a transfer, the banks charge anywhere from 0.5{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} to 1{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} as the processing fee. Sometimes the fee is a flat amount of Rs. 5,000 to Rs. 10,000.

To calculate the efficiency of a bank transfer, reduce 100 basis points if the tenure left for the loan is less than five years. Likewise, a reduction of 75 basis points should be carried out if the tenure of the loan is five to ten years and 25 to 50 basis points for 15 to 20 years.

The Process

A letter should be submitted to the existing lender asking for a loan transfer. The bank will issue an NOC or a consent letter and a statement of the outstanding amount. Once these documents are provided to the new lender, the loan will get sanctioned, and the account closure with the old bank will be initiated.

Once the transaction is complete, the new lender will get hold of the property documents, and the post-dated cheques will be cancelled.

The prepayment penalty (2 to 5{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of the outstanding loan amount) that was charged by the existing lender is now waived by some banks. This can be negotiated if the bank charges the same.

Points to consider before a loan transfer

  1. Reduced EMI and a longer tenure need not necessarily mean you will be paying a lesser amount. Carefully calculate the total outflow and compare the rates of both the bank before making the decision.
  2. Apart from the processing fee, the borrower will also have to pay valuation fee, stamp duty, legal charges and technical fees as well as other combined charges. Compare these costs and analyse if the reduced interest rate makes a difference.

iii.    The terms and conditions that dictate the loan of both the banks should be investigated. Examine the pros and cons of the terms and conditions before arriving at a decision. Some banks may require the borrower to open a savings account. Such subtle conditions must be analysed

  1. A transfer can be avoided if the interest rate is only marginally better.

Most of the banks in India offer the facility to transfer the existing home loan to another bank. A home loan transfer can help you plan your finances better.

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Grandmother’s Recipes for Good Health

There is a reason why grandmothers’ kitchens always smell delicious with an intoxicating aroma of freshly baked bread or pie. It is because they are made from scratch, with locally available fresh ingredients, well balanced in nutrition, and of course with oodles of love!

More you pay for the meals, the worse they are! These are the words some grandmothers live by and with good reason. Why an expensive salmon dinner when you can get the same amount of protein from cottage cheese or red beans?

A hundred years ago, one in 150 was obese. Today sadly, it’s one in four. Experts agree that we should look into our Nana-Nani’s eating habits for healthy living.

Why start Your Day the Right Way?

Remember seeing your grandmother drinking at least two glasses of warm water when she wakes up? This and Tulsi tea with honey cleanses your system and boosts your immunity.

Our predecessors across the globe held food sacred. Having meals on time was religious than routine. Meal times affect the biochemical clock in the peripheral tissues including the muscle, liver, and adipose tissues. Skipping meals can also lead to gastric reflux or heartburn.

Why is it Important to Cook Your Meals?

It saves money. Little expenses spent on eating out can lead to a massive financial drain when in a crisis. Easy meals made at home like chicken soup and a slice of buttered bread contribute significantly towards your savings.

Chose ingredients to suit your body and lifestyle and cook them in the manner that is right for you and your family. Dangerous chemicals are added in commercial food to make it appealing and increase the shelf-life. Very often, you will find cryptic numbers listed as preservatives and colors that are harmful.

In the olden times, everyone had a role in the kitchen. It brought the family together, and children learned to respect food as well as were taught independence. Home-cooked leftovers from a meal were turned into something delicious (leftover veggie roll anyone?).

Is Exercise Overrated?

What and how much you eat have a greater influence over your general well-being. Resting calories are energy you burn when doing daily activities like sitting or sleeping. Only 25{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} are burned as active calories from exercise.

It would make a world of difference if you shifted from drinking water to refresh yourself instead of soda with all those empty calories and perhaps walked to the store instead of driving.

Our grandmothers had a heap of options to quench that midday thirst and kill hunger pangs. Lemonade, butter milk, yoghurt, fresh fruit, nuts, and raw vegetables are just some of the delicious items you can stock in your fridge that is so much healthier.

How to Start Cooking?

Simple dishes like crock pot meals with rice, veggies, lentils, fish and meat put together in one vessel saves time and effort. Boost your immune system with these tried and tested recipes from your grandmother’s kitchen:

  • Little mace in milk keeps children’s bodies warm in winter
  • Daily consumption of ginger green tea with Tulsi will keep away colds and coughs
  • Mix and consume 4-5 Tulsi leaves in honey with 2 or 3 peppercorns to increase resistance to infections
  • Almonds soaked overnight and eaten with honey is your ultimate defence against fatigue
  • Dry roast and powder 100g cumin, 100g fennel seeds, and 50g fenugreek; and have a teaspoon of this with water at night before bed.

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Father’s Day Gift Guide

They say that every child’s first hero is their father. Well, this is accurate, isn’t it? One man who has been by your side all the time, loved you and taught you all the right lessons, doesn’t he deserve a medal?

Now, that’s what father’s day is what it is all about! It is to show your appreciation to your dad for all the influence he has had on you and for helping you become the person that you are today. He has worked untiringly to see to it that you have a good life and that you get everything that you want.

He has always had your back and your best interests at heart. So, the least that you could do is devote a day to him and thank him for everything. Anyway, father’s day isn’t far away. We’re celebrating it on the 18th of June this year. Are you looking for father’s day presents or ideas for father’s day?

If you’re here, then I assume you are already looking for some dad gifts! Well, you’re at the right place because here, we talk about father’s day ideas and father’s day gifts. Read on to find out some unique father’s day gift ideas!

Help Him Catch Up with the Trend with Some Glasses

Well, if you have always despised your dad’s glasses, here’s a chance to get him an upgrade! Get him some cool frames! Plus, it would serve as a cool gift for dad!

Class It Up with a Leather Wallet

No man would say no to leather wallets! An upside is, there are, literally, a million choices that you could pick from and all of them would still be awesome!

Upgrade His Jeans

You might have already given up on telling your dad to stop wearing those old jeans. Well, this is a chance for you to get that handsome man a rad new pair! It would make a great father’s day gift.

Pour Out Your Emotions with a Card

Just say it all! The things that you have been meaning to say to him. Write your heart out! Bring out that smile with a simple card. There’s nothing like a handmade card, right? It would show that you took some time from your schedule put some effort to make his day.

Watches are Always the Classic Gift

Gift him a watch so that he’d proudly wear it on his wrist and show off to his friends what an amazing person he raised!

Get Some Spa Day Packages so He can relax

Check out some nearby spa for men and find out some good packages. Let your old man get a nice good massage this father’s day! It’s good for the body! Get some coupons and just gift them away!

Well, these are only a few off the top father’s day 2017 gifts. You could also go for things like loafers, jackets, headphones and what not! There are a billion options out there, and no one’s stopping you from exploring!

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The Perfect Father’s Day 2017 Gifts for the Perfect Dad

Your dad has always been there beside you. He gave you piggyback rides in the park when you were little and made sure that you did not fall off your bicycle until you were finally able to pedal on your own.

When you grew a bit older, he was present at every school play and sometimes even turned a blind eye when you came home a little late. And now, he is taking your kids to the park so that you can finally get some much-needed peace.

Over the years, he’s given the entire job of parenting his full effort. Thus, it is no wonder that you are confused about finding those unique father’s day gifts which are just precise to commemorate him on Father’s Day. While he has always done it all for you, finding good father’s day gifts is never easy – no matter how many years have passed.

Finding the Right Gifts For Dad

This year, we hope to make your shopping quest feel a little less demanding and a lot more fun. Are you convinced that your dad already has everything? Then you definitely need to read on and see for yourself the wide range of father’s day presents that are out there.

Shaving Kit

Even the manliest beard loving dads need to shave. This Father’s Day, help your dad look sharp with a premium shaving kit. A gift like this ranks on the top when it comes to father’s day gifts.

Ray Bans

They give a classic look that never goes out of style. Definitely on the top when it comes to getting those cool gifts for dad.

Many-Tools-In-One System Awaken the inner workman in your dad. Probably one of the more unique father’s day gift ideas, this gift will equip your dad with the ability to handle any situation that requires quick fixing.

Exotic Coffee

You never know when Dad might need his caffeine fix, but with your gifts for father’s day, he’ll now be able to satisfy his cravings whenever he wants.

Fitbit Band

This should be one of the better ideas for father’s day. A Fitbit will help your dad stay healthy and accurately count those 10,000 steps a day.

Spa Day Packages

Dads need pampering too. Gift him a relaxing session at a spa for men. A good spa will treat your dad like a king, which, in fact, is no less than what he deserves.

Books

Gifting good books to your dad is among the great father’s day ideas. There are plenty of books to choose from, and you will be sure to find something that matches his reading list.

Perfumes

One of the more frequently brought father’s day gifts but something that is very special. That perfect smell for that perfect man.

So go out there and get your dad what he deserves on this special day to celebrate him. Having done so much for you, he deserves that special gift. The smile at the end will be worth it all.

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11 Awesome Gifts for Father’s Day He Will Love

George Herbert famously said, “One father is more than a hundred schoolmasters.” The third Sunday of June every year, celebrates fathers all over the world in their honor and for their contribution as a parent in their children’s lives.

Father’s Day is a special occasion that originated in the US in the year 1910 to recognize all those fathers who make a difference.

What better way to show your dad your love for him than to buy him the best father’s day gift? Here are some excellent ideas for father’s day celebration.

What Unique Father’s Day Gifts to Buy?

Buying gifts for dad can be quite daunting yet pleasurable since you are buying for your father who loves you no matter what. It is important to understand and accept to what kind of a person he is and what he likes. Let’s say your dad is suave, check out these cool gifts for Dads:

  1. A traditional watch: There are so many brands coming out with innovative designs, yet the charm of a classic analog watch is never out of style.
  2. Classic sunglasses: The best accessory to go with his otherwise stylish self is a cool pair of summer shaded that he will proudly show off.
  3. Cologne: Choose the scent that he favors most (ask mom!) and keep it uncomplicated. This is always a sure hit.
  4. A very fancy shaving kit: Yes, he has a shaving kit, but does he have a ‘fancy’ one? Look out for kits and sets that come all necessary accessories like shaving brush with natural bristles or a super awesome smelling aftershave.
  5. Spa day packages: This is probably the best gift you could give your hard working dad. You can enquire about packages that range from a couple of hours to a whole day!

Father’s Day 2017 Gifts for the Technologically Challenged

The best gift for your dad will be to introduce him to some of the coolest techs out there:

  1. Virtual reality: Goggles, headset, and video games are all excellent choices that will make him shriek with joy.
  2. Smartwatch: these are simple to operate and full of features. He’ll probably forget you for a few hours fiddling with this!

Father’s Day Gift Ideas for the Intellectual

Book lover?

  1. First edition of his favorite book
  2. The next best thing: A cozy wearable blanket that he can curl up with while reading

Father’s Day Ideas for the Adventure Bugs

There are so many options here that you can try, two unique ones are:

  1. A starter beer brewing kit: How fun would this be? His very own brewery!
  2. Hike trip: A perfect time to spend with each other or as a family. You will never go wrong with this!

Father’s Day presents are a way to express your gratitude towards them for being great fathers. They show appreciation to their role as a parent. Let’s come together and honor these dads who gave and continue to give so much to their families.

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Major Breakthroughs in the World of Fashion

Fashion is something that not only changes from day to day but also is quite a subjective topic. What is a style for one person may just be an attire for a fancy dress party for another. But over the years, the world of fashion has evolved and refined itself into the glitzy and glamorous world that we see today.

Here are a few things and breakthroughs that have revolutionized the world of fashion over the years.

  1. Artificial Dyes

Your favorite red dress would probably not be your favorite if it wasn’t, well, red. In the earlier times, dyes were only obtained from natural substances, and while it was delightful (and possibly the only feasible) idea at that point, the natural dyes had weak staying power, and the colors soon became washed out and faded. Hence, when a British chemist accidentally created the first artificial dye ever—a mauve color dye—things took a turn for the better.

Artificial dyes are not only more economical to make, but we also now have access to a wider spectrum of colors, since not all natural substances could be successfully combined to give a secondary color.

  1. Cotton Gin

Cotton is probably the material worn the most around the globe, especially in tropical countries where summer season can be cruel and extremely uncomfortable. However, before Eli Whitney invented the miracle machine cotton gin, obtaining cotton lint from its plants was a severely tedious and cumbersome process. On an average, it took a single person a total of ten hours to extract one pound of cotton lint from its seeds. With the invention of the cotton gin, however, the production of cotton sky-rocketed in all leading industrial areas of the world. The USA now could produce millions of tons of cotton a year.

  1. Sewing Machine

While sewing stuff by hand fell under ‘precious handicraft’, it was a very long process, especially when the number of garments in question was large in number. The invention of the sewing machine resulted in a dramatic increase in the overall production rate of the industry. Produced in all shapes and sizes with a various range of functionalities, the fashion industry by storm with the use of sewing machines.

  1. Digital Printing

Dying is essentially an elaborate process, which also uses a lot of water that is rendered non-reusable. With digital printing, designs are directly applied to the fabric, resulting in an impressive 95{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} reduction in water usage, and also minimized textile waste. Also, with digital printing, a lot of intricate designs can now be created and transferred to clothes.

  1. Smarter Online Shopping

The online marketplace is where everyone goes to get everything that they need, and clothes are no exception. Online websites that sell clothes and accessories have hopped on the technology bandwagon, and now offer their customers smart tools that help them create a digital avatar of themselves, and pick and choose clothes that will look good on them. Such tools not only help shoppers make better choices but also reduce the chances of refunds and returns considerably.

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10 Unconventional Figures Who Redefined the World of Fashion

We have all grown up knowing the names of big fashion houses like Versace, Louis Vuitton, Chanel, Dior and the like. These symbols of luxury and high fashion are instantly recognizable, with their signature styles and iconic logos.

Despite not being instantly recognizable as the top fashion designers in the world, there are several names in the industry that have made their own significant contributions. While fashion trends are seasonal, these individuals have made their mark as influential fashion designers in their own right.

Here’s our list of 10 not-so-known people who have redefined the world of fashion:

Mary Quant

This iconic British Fashion designer is frequently credited as the creator of miniskirts and hot pants as we know them today. They symbolized freedom in women fashion sensibilities, allowing them to be sexy and feminine at the same time.

Vivienne Westwood

Another British designer and also a businesswoman, she is said to have shaped the look of the punk rock in the late 1970s’. She is known for her unconventional and edgy styles and outspokenness.  She was instrumental in bringing new wave fashion and modern punk into mainstream fashion.

Calvin Klein

Calvin Klein is one of the more mainstream of male American fashion designers in this point in time. Klein’s brand was known at the time for its sensual and provocative approach to advertising and incorporating elements of celebrity in promotions for the brand. The Calvin Klein look is known to maintain a minimal aesthetic and is linked not just to clothes, but perfumes and undergarments as well.

Diane von Furstenberg

Her famous wrap dress is what first brought her to the attention of the fashion world. But she is multifaceted and has dabbled in several other creative pursuits such as publishing and cosmetics, to name a few. She also advocates for leadership roles for young women.

Donna Karan

At the time when women were slowly starting to play a more prominent role in the corporate world, formal clothing options were very limited. She is credited with bringing comfortable and stylish workplace staples for the career and business woman.

Stella Mccartney

Not only is her brand easy to wear and comfortable, but it is also ethically conscious. As a vegan, she is a champion for cruelty-free and environmentally conscious fashion. 

Valentino

His gowns are stunning in the way they make the wearer look extremely feminine and sophisticated at the same time. He gained recognition for the shade of red that he used to create his initial collection of gowns. This was later called Valentino red. His client list includes not just famous actresses, but royalty as well. 

Carolina Herrera

She has her own business empire spanning the globe, which spells luxury and sophistication. She has dressed several First Ladies of the U.S. She is also credited with the concept of a white shirt being the staple part of every woman’s wardrobe.

Vera Wang

Think of this designer and your immediate reaction may be- Wedding dresses! But that is just one part of her business. She is also involved in several other aspects of fashion like fragrances, ready to wear, tuxedos, etc.

Levi Strauss

Who doesn’t love a good pair of jeans? This is a fashion staple that’s been around for decades and is well loved by men and women alike. Enduring great hardship in his younger years, his move to America in 1847 is what started his journey in creating one of the most versatile pieces of clothing in the world.

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The 5 Content Marketing Strategies Defining 2017(Content Strategi – SEO)

 

Every good business knows that their success almost always relies on the quality of their marketing strategies. As shown in the chart below, most marketers have a marketing strategy, whether it is documented or not. 40{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of organizations have a marketing strategy that is documented:

  1. 34{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} have one, but they have not documented
  2. 23{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} do not have a marketing strategy in place but plan to have one in the next year
  3. Only 3{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} do not have a strategy for marketing in place and have no plans to implement one

The five content marketing strategies currently defining 2017 are social media, the use of the mobile website, content diversity, using research/data, and email. There is more information about each of these topics in the sections below.

Social Media

There are many different types of advertising. Paid advertisements and Social media are right at the top of the list for various tactics used to distribute content, as shown in the chart below.

The reason that social media is the number one way to distribute content is that people put more faith into the words of their family and friends than they do into any other source of information.  Social media sites, such as Facebook, have quickly become the primary form of “word-of-mouth” advertising. Individuals not only like and share things on their Social Media accounts; but in today’s world, Social Media is used by many as their primary form of communication.

Diversified Content

Businesses utilize marketing strategies to be successful. It is important to ensure that you are engaging your users. Most businesses have a diversified client group. 

The reason that your 2017 marketing strategy should include diversified content is that individuals are diverse. The same type of content for your marketing strategy does not apply to everyone in the world. It takes different content to engage and entertain diverse populations.

The more diverse the type of content for your marketing strategy, the more is the likelihood for successful strategies in 2017.

Mobile Sites

The world is going mobile. It is a fact that every business is going to need to come to terms with if they want to succeed. Individuals like to have information available to them while they are on the go.

When information isn’t easy to pull up, individuals tend to look elsewhere. For this reason, it is critical that a mobile websiteis part of your 2017 marketing strategy. This is one of the most efficient ways to promote your site.

The following chart shows the percentage of B2B marketing executives in the world that find a mobile website is critical to your marketing efforts.

Email

The days of randomly calling consumers are over. Thanks to social media, businesses now have a harder time controlling their reputation. The good news is that we live in a technological world.

The reason that this is good news is that email is making a comeback. It is important that marketing efforts include email to distribute content. More and more individuals are using and checking their email every day.

Email is also a good way for you to follow consumer trends and use it to your advantage. You can send out newsletters to engage your target audience. Emails can significantly assist in ensuring you have developed successful marketing strategies in 2017.

Research/Data

Another important element that should be included in your 2017 marketing efforts is research and data. Individuals do not want a lot of fluff in articles. They want articles that include some investigation and data. They want to know that you know what you are talking about.

The chart below shows the importance of different types of content to use on your website.

Your marketing efforts should make sure that you are doing active research on your client population and using data to your advantage. Research and data mean more than just incorporating it into the type of content for your marketing strategy. You want to ensure that your 2017 marketing strategy includes using consumer data to your advantage.

This means that you need to research what is and is not working for your 2017 marketing strategy and adjust accordingly. You need to pay attention to the trends and patterns of your target population. This is one of the main elements required for marketing strategies to be successful.

Wrapping it Up

Your marketing strategy can make or break your company. It is important that your strategy for marketing is individualized and diverse at the same time. You want to make sure that you are using the most efficient ways to distribute content.

Your 2017 marketing strategy should be used to promote your website. Promoting your site helps promote your business. Your marketing efforts should be as diverse as your content for your marketing strategies to be successful.

There is more than one type of content for your marketing strategy. Your 2017 marketing efforts need to include diverse content. Successful strategies in 2017 are aimed at engaging and entertaining target audiences to promote loyalty in consumers and growth for the business.

LSI Keywords:

  1. Marketing Strategy
  2. Strategy for marketing
  3. distribute content
  4. 2017 marketing strategy
  5. Promote your website
  6. Marketing Efforts
  7. Marketing strategies to be successful
  8. Type of content for your marketing strategy
  9. 2017 marketing efforts
  10. Successful strategies in 2017

References:

http://www.business2community.com/content-marketing/2017-top-5-content-marketing-trends-01758847#Y4G2yXV6PIOjuA6C.97

http://contentmarketinginstitute.com/2016/12/content-marketing-trends-watch/

https://marketinginsidergroup.com/content-marketing/5-trends-will-shape-content-marketing-2017/

http://www.convinceandconvert.com/content-marketing/content-marketing-predictions-for-2017/

https://www.brandwatch.com/blog/content-marketing-trends-2017/

http://www.pr2020.com/blog/influencer-roundup-top-5-content-marketing-trends-for-2017

 

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The 5 Content Marketing Strategies Defining 2017 (Content Strategi – SEO)

What We’ll See and How We’ll See It as Marketing Matures

From the Lightning Rod to Today

In 1732 Benjamin Franklin started printing and distributing “Poor Richard’s Almanack” to promote his written business. That was one of the United States’ first and best examples of content marketing, used by one of the ultimate innovators and inventors we’ve ever seen. 

Just as he invented the lightning rod to attract lightning (by the way, he never applied for a patent for any of his inventions), he used his publication to attract buyers. Over the years, content marketing has grown to become a staple for businesses intent on connecting with consumers.

Franklin would nod approvingly at the increased scope of intricate consumer outreach employed now. He loved a good story – as do we all. The best content marketing tells that good story and adds bells and whistles to enhance its message.

Franklin had an audience generously estimated at 700,000 (man, woman, and child) to play to back in the day. Facebook itself today has 1.13 billion daily active users. The numbers have skyrocketed and the techniques refined over the years as technology blossomed.

Today’s Storytellers

Companies have found that the best way for people to become hooked on its products is to have a long-term narrative. Keep them coming back for more. The modern attention span is short, so it is imperative to draw the consumer in and for them to want to hang out for a while.

Many methods have been employed with success. 2017 will see further refinement with something old making a comeback, as well as fresh spins on established practices. Here are 5 Content Marketing Strategies which will shape and define 2017:

  1. Email – You have Mail!

It’s been done before, right? But it’s making its comeback. Companies already have your data – and they want to make something out of it. Now they’re making their emails relevant by using that info to inform you of things you want to know instead of mindless spam. 

The average click-through rate for emails is roughly 25{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616}. Different factors increase that rate.

  • Emails that use the consumer’s first name in the subject line have a higher rate.
  • Emails that say “Thank You” in the subject line have the highest above-average level of engagement.
  • 64{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of people prefer text-rich emails
  • 86{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of consumers welcome monthly promo emails from companies they already do business with.

With email users expected to top the 3 Million mark by 2020, that’s a lot of bang for the buck.  Already, 75{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of companies have concluded that email offers “good to excellent” Return On Investment (ROI)

2.Video – Lights, Cameras, Action!

Consumers want information, but they also want entertainment. Videos are an excellent way to accomplish both. Experts have provided several facts about visual impact:

  • 98{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of info transmitted to the human brain is visual.
  • Visuals are processed at a rate 60,000 times faster than text.
  • Visuals stay in the long-term memory for a longer period.
  • Visuals cause a stronger emotional response than text and can be more meaningful to the viewer.

If you want your story (and product) to be more impactful and memorable to your audience, a video is your way to go. The big guy (Facebook) is featuring more video sharing and videos are easier to produce than ever. Ride the wave!

  1. Mobile – With You Wherever You May Go

More and more people are making purchases on a mobile device. Make it easier for them. How are we more into mobile? Let me count the ways:

  • Tablet or smartphone access over 66{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of emails.
  • 95{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of smartphone users use their device to look up local businesses to call or visit.
  • Over 2 Billion mobile users will make a commerce transaction by the end of 2017.
  • It’s projected that by the end of 2018, 27{ed162fdde9fdc472551df9f31f04601345edf7e4eff6ea93114402690d8fa616} of e-commerce sales will take place on a mobile device.

To make use of the trend, make the process easier – apps, fewer clicks, buyer information carried over from platform to platform.  Create an entertaining and welcoming virtual environment for your customers.

  1. Authenticity Over Celebrity – Trust Over Popularity

Celebrity endorsements are a dime a dozen. It’s either their product or they’re being remunerated. The message might be entertaining, but can you take it to the bank?

Enter the influence marketers. Their word might not be gold, but it will have enough gold-like characteristics to sway. Whether it’s a leader in their field or someone giving an honest review, their word goes a longer way with the consumer.

Experts giving a video review on their blog or podcast can be the deciding factor for many potential buyers. They want facts to cement their decision. How many times have we heard the hype and then heard the consumer reviews and got a different story? That’s what we’re looking for, a real story – and enough true stories and we listen.

  1. Diversify Content – Hit Them on All Fronts

If the video doesn’t get them, maybe the galleries, podcasts, or infographics will. Everyone has different tastes – and different things catch different peoples’ eyes. Hit them on all fronts, and something will click and draw them in. Even if it’s mostly the same information, the delivery mechanism makes it a different animal.

Different content can also apply to effectiveness on various platforms. Tailoring towards a video presentation will, of course, be more suitable to Facebook and YouTube than Pinterest or Twitter. Flashy images with brand placement are right up Facebook and Pinterest’s alley.  Hit the consumer where they live and where they browse.

  • Facebook – 1.9 Billion unique monthly users
  • YouTube – 1 Billion unique monthly users
  • Twitter – 317 Million unique monthly users
  • Pinterest – 317 Million unique monthly users
  • LinkedIn – 106 Million unique monthly users                                                              

Different demographics using various sites – adapt and diversify your message to take the advantage of all your audiences.

Tomorrow’s Winners Use Help Today

You know the trends, but how do you take advantage of them? Spike Native Network at spike.com.au is the Content Recommendation Platform for business pros.

If it’s worth doing, it’s worth doing right. Get your campaign underway today with Spike and find yourself in the Winner’s Circle tomorrow.

Keywords

content marketing, click-through rate, text-rich emails, mobile device, smartphone, e-commerce, influence marketers, podcasts, infographics, platforms, brand placement, Spike Native-Network, spike.com.au, Content Recommendation Platform     

 

 

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