Empire Avenue 101 Tips

Original Article at Empire Avenue 101 Tips.

Empire Avenue Tip 1

I will start here to give some tips which may prove helpful. These are recommendations which result from my own EA experience which I am documenting in my Empire Avenye Review in 12 Chapters.

Buying Shares in Multiple Batches on Empire Avenue

When joining EA almost two weeks ago, I noticed that some buyers prefer buying shares in multiple small batches and was wondering if it was worth it. Here some thoughts.

Pros:

– Multiple opportunities to leave a shout – Multiple opportunities to create conversation – High visibility on Scrollers – Create EA Actions

Cons:

– You push the price up with your purchases (namely on low price shares) and you buy the last batch more expensively than the first; on a hot share others may jump in with big batches and accellerate the price increase. – I don’t read 10 shouts associated with “prostatic buying” nor will I respond … you kill conversation because it ennoys people rather and looks like ‘spam’. – It is not really efficient in terms of EA actions if you do a good number of them anyway. You dont beat the system -). – It increases the work load without giving you and more importantly, your new share, a significant benefit. – It may distract you from your focus which should be on promoting your new share; there are more and better ways to promote your new share and the person behind.

Conclusion 1

Multiple shouts can be of an advantage, but not 10 of them in a row. A shout has reached it’s goal if it triggered a response (conversation). From a financial point of view, you want to buy the share at the lowest price; that is the first price! If you do 10 batches anyway and say you want to buy 100 shares, buy 91 with the first shot and then 9 x 1, so the higher price may apply only to the smallest part of the block. From a perception point of view: frankly, at my end I percieve these people buying that way as gready and small minded, accepting to ennoy me for the benefit of shouting 10 times at me without any interesting message. There are so many smarter ways of producing EAction which benefit both parties involved. Don’t expect me to read your 10 shouts, and when reciprocating, don’t expect that you earned the best of my good-will.

Recommendation

What I do while others buy 10 batches: 1. I buy one block only, and after the purchase leave the shout from the pop-up where available. An encourageing message or so, sometimes something more. 2. Then I head over to the profile and I look at the bio, blogs where available. I do endorsements where appropriate, shoot a twitter message from the button as well as a facebook post and I click the Like button ( if I don’t like I dont buy :-). 3. I reommend the new share for a while; it’s my interest that the share gets promoted and increases in value. 4. I add to my watch list at least for a while. Additionally you could configure a price alert, which I don’t do that as the few shares I have, I can keep in my mind. 6, If I am interested in the profile, I will have a closer look at the persons website and social activity. 7. From my actions, EA produces notifications and records on the scrollers, brilliant! When I fiund some interesting content, I may now go back and do a real shout with some smart text pertaining to the person’s website or FB page and so on … that shows my interest in what people are and do beyond the share price and it triggers real conversation and business.

Conclusion 2

The Recommended way produces less cyber-waste and builds more accountable rewards. You don’t ‘spam’ the shoutbox but you create Twitter and Facebook actions. By looking at the profile, you get to know people and can then shout smarter stuff which triggers conversation. (I have sold 2 scripts, 1 SEO and 1 website customization from such EA conversation and raked in almost $1000 just from that.) The main reward is not in the way you buy your stocks, but what you make out of the new relation.

Finally

Just never forget, in social network marketing, not only you create the action, but here at EA, YOU ARE THE EVENT! I focus on you.

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This entry was posted on October 1, 2011 at 5:23 am and is filed under Yorgo Nestoridis. You can follow any responses to this entry through the RSS 2.0 feed.