ETFs have gained significant popularity among investors in recent years, and there are several compelling reasons why investors should consider adding them to their investment portfolios. Here are the top five reasons to have an ETF portfolio: 

1. Diversification: ETFs offer instant diversification because they hold a basket of assets such as dividend stocks, bonds, commodities, or even real estate investment trusts (REITs). This diversification helps spread risk across different assets, reducing the impact of poor performance on any single security. ETFs also mirror diverse indices, sectors, or asset classes, granting investors access to a broad spectrum of markets and industries without the need to individually purchase stocks or bonds.
2. Liquidity: ETFs are traded on stock exchanges like individual stocks. It grants investors access to a certain liquidity level that enables them to purchase or sell ETF shares at prevailing market prices throughout the trading day. This liquidity assumes importance as it facilitates rapid entry and exit from investment positions, a crucial feature, especially during market volatility.
3. Low fees: ETFs typically have lower expense ratios compared to actively managed mutual funds. These lower fees result in a reduced drag on returns over time, making ETFs an attractive option for cost-conscious investors. Moreover, ETFs often have tax advantages over mutual funds due to their unique structure. 
4. Transparency: ETFs offer a high degree of transparency when it comes to their holdings. This transparency empowers investors to readily access detailed information regarding the underlying assets contained within the ETF. Such a transparency holds particular significance for those investors who aim to align their portfolios with their precise investment objectives, risk tolerance, or ethical principles.
5. Flexibility: ETFs provide a versatile platform for implementing different trading strategies. Investors can utilize a range of trading tactics, including but not limited to limit orders, stop-loss orders, and options strategies. These options allow investors to effectively control risk and maximize their potential returns.

But while power of ETFs offer numerous advantages, it’s essential to conduct thorough research and due diligence before investing in any financial instrument. Consider factors like the ETF’s underlying assets, tracking error, trading volume, and historical performance to ensure it aligns with your investment goals and risk tolerance.

The post Unlocking the Power of ETFs: The Future of Investing appeared first on Tech Today Info.

Understanding the Science Behind Sales Velocity

Sales velocity is the rate at which your team can convert leads into paying customers. Therefore, it becomes crucial for a business to understand the science behind this concept to utilize it for business growth optimally. It combines several aspects, such as lead generation, lead nurturing, conversion rates, and deal size, to produce a measure that can significantly affect your bottom line.

Companies must concentrate on generating high-quality leads, nurturing them effectively to move them quickly through the sales funnel, improving conversion rates, and increasing the deal size. By optimizing these factors, companies can significantly enhance their sales velocity, resulting in faster revenue generation and rapid business growth.

An example of sales velocity includes a scenario where two businesses operate in the same sector and follow similar business models. However, one business closes deals in an average of 30 days, while the other takes 60 days. It’s evident that a business with a speedier sales process has a higher sales velocity and will generate revenue faster.

Businesses can assess their sales strategies’ effectiveness by calculating sales velocity and identifying improvement areas. If the sales velocity is low, it may indicate that the sales team needs better lead qualification or that the sales process needs to be optimized. On the other hand, a high sales velocity can signify successful sales techniques or a high demand for the product or service offered.

The Impact of Sales Velocity on Business Growth

Improving sales velocity can directly and substantially impact your business growth. Decisions regarding product development, hiring, market expansion, and other critical aspects of your business rely heavily on revenue and cash flow. Enhancing sales velocity not only accelerates the rate of revenue generation but also provides more predictability in growth projections.

Furthermore, an increased sales velocity can attract better investor attention by demonstrating the business’s ability to convert leads to sales swiftly. It can also allow for quick response to changes in market trends, thus maintaining or improving your market position. By paying attention to sales velocity, businesses are better positioned to plan and strategize for future growth.

Examples of Strategies to Enhance Sales Velocity

Several strategies can be implemented to enhance sales velocity. For instance, optimizing the sales pipeline can significantly impact the speed of deals. A well-defined and streamlined sales pipeline helps identify bottlenecks, enables quick decision-making, and ensures a smooth flow from prospecting to closing. By regularly analyzing and refining the pipeline, businesses can reduce sales cycle times and increase velocity.

Another strategy to enhance sales velocity is to improve lead qualification and scoring. This involves identifying and targeting high-quality leads more likely to convert into customers. By developing an ideal customer profile and leveraging data-driven analytics, businesses can prioritize leads based on their potential value and allocate resources more efficiently. This targeted approach speeds up the sales process and increases conversion rates and revenue.

Science behind sales velocity can be a potent strategy for businesses to achieve rapid growth. Understanding and measuring the concept correctly and using the right strategies and technologies are vital to improving this important metric. Embracing sales velocity as a key performance indicator is, thus, pivotal for businesses seeking growth and success in today’s competitive markets.

The post Understanding the Science Behind Sales Velocity appeared first on Tech Today Info.

When an airdrop is announced, some people rush to claim their tokens and then sell them for the highest price they can. These tokens can be bitcoin, ethereum, tether or sweat coins. The same with other crypto, Sweat price depends on supply and demand. 

A crypto airdrop is when a project distributes its tokens for free to members of the crypto community. Usually, this occurs after the token sale is over and the team has raised enough capital to begin development on the project. A percentage of the tokens (usually 20-40%) are distributed to those who have registered with the team’s website, while others are given out randomly to individuals who may not even be aware they’re receiving them, then go on to spread awareness of the project themselves.

There are times that airdrop collaborates with other blockchains like Stellar and gives away XLM.

Airdrops can serve multiple purposes, including: 

• Creating brand awareness 
• Increasing adoption 
• Creating a network effect 
• Testing blockchain integration 
• Testing wallets and smart contracts

The most important thing for you as an investor is that an airdrop will almost always increase the value of your holdings. 

Crypto airdrops are an exciting new way for cryptocurrency developers to distribute their tokens to a large number of people at once. Originally, airdrops were sometimes used by nonprofit organizations as a way to distribute aid or disaster relief. Today, it’s common for blockchain projects to use them as a way to spread the word about their platforms and encourage people who have tokens from other projects to try out their new ones.

What To Keep In Mind Before Participating in Airdrop

• Check if you need to pass KYC or do anything else before you sign up
• Read the rules of the airdrop carefully. You don’t want to miss out on your tokens because you didn’t read something before signing up.
• Check if there is a max limit per person
• Make sure you have enough Ethereum in your wallet to receive your tokens

Where To Find Crypto Airdrop

Finding crypto airdrops is easy! Here are a few tips to make sure you don’t miss out. 

• Make sure you’re always on the lookout for airdrops in your favorite crypto communities and forums. 
• Have a few wallets ready, so you can collect tokens from multiple airdrops. 
• You might want to research which projects you want to support before an airdrop so there’s no confusion or disagreements with the rest of your team.
• If you have friends who are into crypto, they might be willing to split the tokens with you; just be sure that everyone agrees ahead of time how that will work.

There are several sites that list airdrops. 

One of the most popular is AirdropAlert.com, which not only lists all current and upcoming airdrops but can also help users install and use wallets for different cryptocurrencies. Another helpful site is AirdropCentral.com, which has a more user-friendly interface than other sites and allows users to track their progress towards completing offers or tasks required by some of the airdrop sites in order to receive tokens. 

Another best place for finding airdrop info is called Airdropalert . It has a comprehensive list of active and upcoming airdrops that you can subscribe to so that you get notified whenever one comes up. The site even has forums where people discuss crypto news and post updates on specific projects.

Is It Safe To Join Crypto Airdrop?

The distribution of crypto tokens through airdrops is a common phenomenon in the cryptocurrency world, and although most airdrop campaigns are legitimate, everyone should be aware that not all of them are safe.

There have been many cases of scammers pretending to be reputable crypto projects in order to trick people into giving away their personal information and even their private keys. Airdrops can also be dangerous because they require you to leave your funds at a crypto exchange, which can be a risky proposition in general. Especially if you do not know how to properly secure your crypto funds or if you haven’t backed up your private keys yourself.

Crypto airdrops can be made on the basis of something as simple as holding particular tokens, or participating in the project’s telegram group, or donating to the project’s address. A common theme is that these projects want you to do something for them, beyond just owning their token—and therein lies the danger for users who don’t understand what they’re getting themselves into.

When considering crypto airdrops, ask yourself these questions:

-What is the project? Have they created anything yet?

-Why should I care? Why should I trust them with my private keys?

-Who is behind this project? Do they have any experience?

If you can’t answer those questions confidently then it’s probably best to walk away. What you should never do is give someone access to your private keys without understanding what you’re doing first.

Kickstart Your Crypto Journey With Airdrop

Airdrops are a great way to receive free cryptocurrency, but they can be hard to find—instead of going out in search of them, you should make your presence known at crypto-related communities and events. The more people that know you love crypto, the more likely it is that someone will want to give you an airdrop.

Also, the official sources for some airdrops can be hard to find or non-existent (especially if the project is new), so having a good list of reputable sources for information about airdrops will help you make sure that what you’re getting is legit.

The post How Does A Crypto Airdrop Work? appeared first on Tech Today Info.

The digital revolution has allowed options trading in India to expand, providing individuals with various ways to learn and start trading options. Along with web trading platforms, options trading apps have also become popular among investors with the ease and convenience they provide. 

With so many options trading apps available, it can be challenging to pick one. But say no more. To make your job easier, here we have curated a list of the top features to look for in the options trading app and pick one that suits your needs. So, let’s get started. 

Must Possess An Option Screener

Manually tracking and analyzing the entire options market can be a huge burden. But, not when your options trading app consists of an option screener. This tool helps you locate daily trading chances depending on your objectives and market patterns.

Further, you can access regularly updated real-time data for all options contracts using this key technical indicator.

Smart Notifications and Alerts

You need trading alerts and notifications about changes in your trade positions. Hence, choosing an options trading app that provides you with the same becomes crucial. 

They help you to keep track of your orders, alert you to price fluctuations, and keep you up to date on your option contracts. 

In-Built Option Trading Strategies

All the best apps for options trading come with readymade option strategies which help you save time and effort. Some apps like Dhan even allow you to view the potential profits of all pre-built options trading methods in real time to make wise trading decisions.

Check out Dhan’s options trading strategy builder that helps you effectively try pre-built strategies. You can also get option trading ideas from the strategies. 

Market Related News Update

Options trading requires extensive planning and execution. In order to determine whether a contract is worthwhile to buy/sell or not, you must consider the risks/rewards involved, the current situations of the underlying asset, and more. 

For this, many option trading apps include a newsfeed feature that compiles all the pertinent news stories that can affect the performance of the underlying asset and in turn, your contract. This helps you obtain information without having to move to another app or website and make informed trades.

Excellent Customer Service

For your trading experience to be effortless and to solve your doubts on priority, a customer service feature is a must-have for any options trading app.

Choose an app that prioritizes answering your queries all time with access to their customer care executives on chat, voice, etc. While some traders feel more comfortable conversing on the phone with a representative, others may find it easy to communicate with a chatbot. Thus, consider this before making a decision.

Conclusion

Given the large number of option trading apps available online, choosing the best one can be a challenging task. However, now that you know the crucial features which you need to look for, we hope that your process of selecting the best app for options trading has become easier. 

Dhan provides a similar option trading platform that promises you an intuitive user experience and a vibrant community. Check it out today. 

The post 5 Must-Have Features In An Options Trading App appeared first on Tech Today Info.

The Ethereum digital currency is used for online purchases of goods and services.

Ethereum is one of the most recognizable digital currencies in the world, and it has solidified its place as the primary form of online payment. It enables users to buy goods and services anonymously and quickly, with no third-party interference or additional fees.

Ethereum’s blockchain technology ensures that all transactions are secure and protected from cyber-attacks. With its revolutionary nature, this groundbreaking cryptocurrency offers unparalleled convenience for its users.

What’s more, anyone with access to the internet can use Ethereum to purchase items in any part of the world at any time. As such, it has opened up a vast array of possibilities for global shopping – offering an unmatched level of flexibility to millions worldwide.

To sell Ethereum in Australia, you’ll need to create an account with an Australian exchange.

Selling Ethereum in Australia is as easy as signing up with a local exchange. Like any other regulated financial market, Australian exchanges have all the tools necessary to help you manage your cryptocurrency portfolio. Through these exchanges,

you get access to competitive rates, real-time tracking of your holdings, and secure transactions at all times. With this setup, you don’t have to worry about hidden fees – all it takes is a few clicks, and you have a dependable way of buying and selling Ethereum quickly in Australia.
Once your account is set up, you can deposit your Ethereum into the exchange’s wallet.
Once your account is ready, you’ll enjoy the many benefits of trading Ethereum. To start, deposit the currency into your exchange’s wallet for safe and secure storage until you’re ready to trade.

Not only does this give you peace of mind knowing your funds are secure, but it also allows you to take advantage of any current market opportunities when they arise. Get trading today and experience the thrill of digital currency trading!

You can convert your Ethereum into Australian dollars and withdraw them to your bank account.

Converting your Ethereum into Australian dollars is an easy way to access your funds and turn them into usable cash. With a swift process and modern technology, it’s now simpler than ever to convert ETH to AUD and withdraw it straight into your bank account.

This method gives you complete control over sending and receiving funds, making transactions faster, more convenient, and more secure.
Selling Ethereum through an online exchange is one of many options.
If you don’t feel comfortable with this method, you can trade in person or through a peer-to-peer marketplace. Meeting another person in person to conduct the transaction offers some level of comfort as well as control.

Peer-to-peer marketplaces also offer flexible terms, allowing sellers to choose from various payment methods and often even set their prices. Selling Ethereum safely can be achieved with either of these two options, and you must research before committing to any transactions.

The post How to sell Ethereum in Australia appeared first on Tech Today Info.

AI in the retail industry

AI is useful, especially for retailers who collect large amounts of customer information. Using ML and deep learning techniques, retail AI applications can provide valuable insight into data. Moreover, leveraging artificial intelligence technology, retail companies create virtual shelves and virtual fitting rooms. As a result, customers can easily find the most suitable clothes for them.

AI not only enhances customer experience but also improves productivity. It also helps retailers:

• optimize their pricing structure,
• make effective logistics decisions,
• optimize their supply chain,
• Provide the retailer with much more detailed information about customer behavior.

Furthermore, aligned systems lower costs and shape long-term relationships with customers. Artificial intelligence and machine learning are defining the future of retail marketing. So, it’s not surprising that retailers will spend 7.3 billion on AI by 2022.

FORECASTING AND CUSTOMER BEHAVIOR ANALYTICS 

AI is crucial in retail as it helps retailers identify customer needs and requirements. Using this technology provides automated solutions to track customer activities. Moreover, thanks to data analysis, sellers can predict the number of ordered stocks. This, in turn, has a huge impact on the company’s performance and budget. Thus, by using AI algorithms, retailers can make better business decisions, conduct targeted marketing campaigns, and acquire insights that help improve services.

VIRTUAL TRIAL ROOMS

AI-powered virtual trial rooms are equipped with intelligent digital mirrors. How does it work in practice? When you enter such a room, you see a large vertical screen with a camera. When you stand in front of it, you see your reflection on the screen. This screen is linked to the store’s database, where you can find all the latest inventory, such as clothes, hats, shoes, and other accessories. You choose a product that interests you, and you can see how you look in it on the screen. In addition, it is possible to save a photo. This technology can be used by clothing and cosmetic companies.

SHOPS WITHOUT CHECKOUTS 

Admittedly, robots play an increasingly important role in trade, from procurement and in-store operations, marketing, and sales to back-office operations and customer assistant services. The main attributes of intelligent machines are speed and accuracy. They automate the payment process and eliminate the queues in stores. AI uses biometric technology (especially customer face recognition) to authorize self-service transactions. A dozen or so years ago, the vision of a completely self-service store without checkouts and staff seemed like a futuristic illusion. Today we are learning to use the help of intelligent vending machines in maintenance-free stores, which will soon cease to be a rarity.

SMART SHELVES 

We have already mentioned stores without checkouts; now it’s time for smart shelves and digital stands. What is it, and how does it work?

Well, smart shelves automatically track inventory in retail stores thanks to the use of RFID technology. The shelves have weight sensors that track the amount of stock on them. This allows retailers to know when a product is out of stock. This technology also warns of goods theft. In addition, customers can interact with smart shelves. For example, customers create a shopping list, and Smart Shelves will direct them to the place where the product is.

PRODUCT DESIGN

As we know, fashion trends are changing at a dizzying pace. New designs and patterns appear every season. Designers, whether they like it or not, have to keep up with the new style. AI comes to the rescue. AI helps the retail industry detect new trends with demand, thereby reducing forecasting errors. AI algorithms analyze designs and design product datasets to provide information about what is selling well and what is not.

SUPPLY CHAIN MANAGEMENT

AI is playing an increasingly important role in the world of logistics and supply chain management. It helps reduce costs and increase customer satisfaction by optimizing route efficiency and delivery logistics. Software that supports AI can learn from historical data to identify patterns of customer behavior. This analysis allows companies to predict customer needs and preferences. In turn, this can lead to improved routing efficiency and shorter delivery times.

Conclusion

In summary, AI has the potential to revolutionize the retail industry just as it has done in every other sector. The world’s leading companies will continue to invest in AI to maximize their revenue. With AI, they can advance their processes, gain insights from huge amounts of data, and generate more revenue.

The post How does AI impact the Retail Industry? appeared first on Tech Today Info.

Shopify Plus Benefits: What You Get with Shopify Plus

If you are conducting business at the enterprise level, Shopify Plus is a must-have. Below are the major benefits you get with Shopify Plus that you don’t get with lower-tier service packages.

Custom Checkout Page

A custom checkout page gives your customer the security of a branded experience from start to finish instead of “showing the wires,” as they say. You can also reorganize certain elements to fit your brand or the wishes of your customers. Many customers use this feature to A/B test experimental designs to let customers decide which format/color scheme works for them.

Launchpad

With Launchpad, you can automate many of your processes on the front end, including branding campaigns and, of course, launches of your new products. If you want to showcase specific products for a seasonal sale, for instance, you can choose them a la carte. You can also discount specific items very easily if you want to campaign that item as a loss leader.

Script Editor Access

The Script Editor gives your company the ability to create personalized customer experiences within customized scripts. Basically, you get Shopify plus development features that you don’t even need any third-party apps to implement.

If you are looking to create custom features that don’t normally come with Shopify and usually rely on third-party apps, the Script Editor is what you are looking for. Even if you don’t know the code, you can hire an expert for a one-time upgrade that your customers will be able to use for life.

Higher API Call Limits

Shopify Plus development services include more access to APIs, which keeps you from overpaying as you scale. Combined with the Script Editor, you can streamline your online store to its optimal level.

Mobile Store Builder

You get your own Shopify store development company with the Mobile Store Builder. With more people than ever using their phones to conduct everyday commerce, you will have a huge advantage here with stores that are made specifically for the medium.

Access to Shopify Flow

If you are losing time to repetitive tasks, then Shopify Flow is your answer. You can set up workflows from templates that come with the package or create your own without the need to add a Shopify expert cost to your expense list.

Page Activity

You gain access to more in-depth page activity stats, which can help you target your marketing campaigns precisely. You can also reward your best customers and create customized campaigns, all of which are much more difficult without the Plus package.

Store Cloning

Being able to easily clone your offerings anywhere is a boon on time to market. You can easily manage all of your clones from a single back-end admin space, so you won’t need to expand manpower as you expand your storefronts.

When should you upgrade to Shopify Plus?

Most companies agree that the Shopify migration to the Plus system should be done as soon as possible. The cost is not totally negligible, but the benefits pay for themselves within the first few transactions.

How much does Shopify Plus cost? Shopify Plus currently costs $2000 per month.

Are Shopify Plus Benefits Worth the Cost? Because you get Shopify plus B2B benefits, most users think that you must have Plus in order to do business on an enterprise level. If you are already making over $1 million per month in revenue, Shopify Plus can probably help you increase that substantially. You gain an unlimited number of staff accounts so you will never have to worry about your company outgrowing the platform.

If you are looking to expand internationally, Shopify Plus can help you immensely. Cloning stores with different languages and currencies to match the needs of your growing community is just one of the ways to easily and quickly expand into markets that would otherwise take months to conquer.

Shopify Plus also gives you the ability to focus all of your creative talent on the expansion of your business rather than repetitive tasks that should have been automated from the start. Flow and Launchpad will drastically reduce your time to market by taking care of the rote backend tasks while you engage with your customers and fix the little fires that inevitably show themselves when you are trying to create a superior experience. 

Shopify Plus also has a wholesale channel that allows your business to target B2B clients specifically. The platform allows you to easily integrate 3PL and any other add ons that you need in order to serve this audience at scale.

Also, the customization is worth the cost of upgrading by itself. Customers will always appreciate a consistent brand — it helps you to present your business in the most professional way, and it keeps your customers loyal because you have that many more opportunities to present your logos and upsells. You will even be able to change the type of shipping methods and payment options that you present to your customers, giving you control over the way you are presented at all points during the fulfillment of the order.

How to upgrade to Shopify Plus?

If you are looking for better customer engagement, better time to market, lower shop fees, and incredible customer service, then Shopify Plus is your choice. Upgrade today to experience the best in an online store platform! Shopify experts at Spiral Scout, a US-based software development company, are always ready to upgrade your online store with Shopify Plus.

The post Upgrading Your Online Store With Shopify Plus appeared first on Tech Today Info.

1. All lenders are different

While all lenders are bound by certain rules and regulations, outside of those regulations a lender can pretty much do whatever they like. This means that lenders will usually approach loans in different ways, imposing different stipulations and conditions on you. Taking out personal loans from each lender can feel like a vastly different process, so don’t feel like one lender is your only option; if you don’t like what one lender is doing, another will be available to you. That’s why you should…

2. Shop around

You are never beholden to a single lender. You’ve always got the right to shop around and decide what kind of loan is right for you. If you read a lender’s terms and conditions (more on which later) and you don’t feel like they’re advantageous for you, then go somewhere else. Lenders will want your business, so you’re in demand; taking your business elsewhere is something you can always do unless you’ve actually signed a contract, which you shouldn’t do until you’re sure.

3. Your credit score matters

You might hear people talking about your “credit score” when it comes time to apply for a loan. This is a very important figure that could mean the difference between being approved or rejected for a loan, so it pays to know what it is and how to improve it. Your credit score can be checked for free on sites like Experian or Credit Karma, so if anybody offers to charge you to look at it, don’t fall for it, as they are definitely trying to scam you.

4. You might need to improve your credit score

Since your credit score is an important factor in applying for online loans, there’s a chance you might need to improve it before you start your applications. Doing this can be pretty straightforward; did you know, for example, that simply adding yourself to the electoral register can really help with your credit score? It’s basically a figure that tells lenders how trustworthy you are, so making regular bill repayments or paying off any existing debts can also help.

5. Read the terms and conditions

We know that terms and conditions can be labyrinthine and difficult to understand, but they’re often written that way intentionally. The fact is that you should always read the terms and conditions, no matter what you’re applying for, but that goes double when you’re applying for a new loan. You don’t want some arcane part of this document to sneak up on you and slap you with some hitherto-unknown additional charges, after all. Get friends and family to help if you’re struggling!

6. Read your application carefully

Filling out your application very carefully, and reading it to make sure that everything is correct, is extremely important. Sometimes, lenders can actually deny you a loan on the basis that your application has been filled out incorrectly, and this can even go for very minor mistakes like spelling errors. Usually, lenders will contact you to clarify things, but sometimes you can just be rejected out of hand, and this can even have a negative effect on your credit score.

7. Amounts can differ greatly

Don’t think that a loan is wrong for you just because you don’t see the amount that you want listed. Another lender might offer more or less depending on what you’re after, and the amount that you can borrow from lenders can differ greatly based on where you go. You can often borrow as little as just £500, and loans can range into the tens of thousands, so whether you need a little to tide you over or a massive amount for a personal project, a loan could be for you.

8. Unsecured vs. secured loans

There are two kinds of loans (in the broadest sense, of course): unsecured loans and secured loans. Which one you want – and which one you’ll be approved for – depends on a number of factors. An unsecured loan is a loan that doesn’t have any kind of asset put up against it, so you don’t need to wager your house or your vehicle against repayments. A secured loan does have an asset against it, but this usually means you can borrow more, so there are pros and cons to both types.

9. Pay off existing loans first

It might sound obvious, but you should try to avoid the trap of borrowing in order to pay off other loans. This can simply trap you in a spiral of debt from which there is no escape. The short-term relief of being able to pay off a loan is quickly replaced by the long-term difficulty of now having another loan to pay off, and you’ll likely turn to a third loan to pay off the second. Think carefully about whether a loan is the right way to approach your financial situation.

10. Rewrite your budget

Once you have applied for an online loan and been accepted, it’s time to rewrite your budget from the ground up. Your circumstances are different now, after all; you’ve got a new expense to worry about, and that needs to have an amount from your income allocated to it. Sit down and carefully rewrite your budget in order to incorporate repayments for your new loan. Make sure you don’t miss anything, as it could come back to haunt you if you do. 

The post 10 Things To Remember When Taking Out Online Loans appeared first on Tech Today Info.

• Kitchen 
• All rooms   
• Stores    
• Balconies within the apartment
• Staircase if within the apartment   

The built-up area is the carpet area, plus the area covered by walls. The built-up area comprises terraces, balconies, floors, and other removable livable areas such as servant rooms. The built-up area is the total carpet area and the breadth of the outer walls of the apartment. Typically it is 70% to 80 % of the super built-up area. A person gets only 70% of the built-up area to his disposal or for personal use. The inner and outer walls will take up nearly 20% of the built-up area, and 10% gets occupied by balconies. Water pipelines, sewage pipes, utility ducts, interior parts of windows and doors, AC shafts, and ducts are also a component of the built-up region. Mostly built-up area is 70 to 80 % of the super built-up area. Areas covered by built-up areas are:  

• Carpet area             
• External and internal walls     
• Interior parts and utility ducts that comprise sewage and water pipeline, interior parts of windows and doors, AC ducts, and shafts 

The built-up area is also referred to as the covered or Plinth area. 

Balconies or cantilevers do not count in the built-up area. A beam does not have any assistance from the ground or the lower apartment. Essentially the plinth area or built-up area is below the apartment’s roof.

• Super built-up Area : 

Super built-up area is the sum of the built-up area and all the common areas, including the staircase, lobby, corridor, and lifts. In some cases, amenities such as gardens, swimming pool, clubhouse, and sports area are also included in the super built-up area. This area is referred to as a profitable area. Sometimes, builders charge depending on the saleable portions. Still, super built-up areas do not comprise open to sky swimming pools, open sports amenities, compound walls, flower beds, weather sheds, septic or water tanks, open to sky terraces, etc. This area is the real area size as specified by the builder. Thus, if the amenities are more, then higher the super built-up area and certainly more the price. Close to the Super built-up area, a person must know one more term before starting his hunt for a house. 

Loading factor: 

This is the proportionate share of the common area in an apartment determined by applying a multiplier to the carpet area. You can calculate the value of the loading factor by taking the disparity between the carpet area and the super built-up area. Maximum developers charge the apartment based on the loading factor.

The super built-up area is the built-up area included in the proportionate common region. Proportionate share is the sum of all the common areas classified by the number of apartments. If the common area of ten apartments is 2200 sq.ft., the proportional area for a housing unit would be 220 sq .ft.

One has to be knowledgeable about the terms associated with space and the legalities that come with it. Checking the legalities is of greatest significance, but having information about the space you will own is also essential. This helps in the easy purchase of the asset, without obstacles and with precision. The carpet area is the area that a carpet can cover, excluding the inner walls’ width. Built-up area is the amount of carpet area and the thickness of internal and external walls. Super built-up area is the sum of developed and common areas, including all facilities. Real estate is the most excellent investment source. Anyone without any particular skills can invest in real estate, but only one precaution is requisite. The buyer must know the terms used in this buying process. Know the terms prior to you buying a house in Goa as this is the only investment with nearly no risks of financial loss.

Now, as you have a comprehensible knowledge of carpet area, built-up area, and super built-up area, take care to ask the seller the right questions when you buy house in Goa. Make sure to find out if the area mentioned to you is the carpet area or the super built-up area. If they are charging you for the super built-up area, ask what the loading factor is. Confirm this against the house’s drawings, and take a tape and gauge the inner spaces.

The post A complete guide on carpet area, built-up area, and super built-up area appeared first on Tech Today Info.

Unlike large companies with huge budgets, startups have slightly different goals. Their task is to present a powerful product, but to expend as little effort and money as possible; provide customers with value and a solution to their problems, but develop a product with limited staff, a small budget, and a limited number of resources. 

At first, it may seem that the product you want to create will be a sure-winning idea. However, in practice, this may not be the case. Startups cannot risk everything they have. That is why they are engaged in MVP development. 

Using this approach is the most popular solution among many startups whose main idea is lean production. Standout examples of such companies are Dropbox, Foursquare, Amazon, Airbnb, and many more. 

We’ll cover what this approach is all about, what the goals of creating an MVP are, and the strategic steps you need to take to develop it. This is personal experience from the Altamira team.

Definition of the term 

The development cycle of a new product goes through several stages. Once you have complete information about your target audience, as well as a ready-made solution that can meet the needs of consumers, you have everything you need to move on to the first stage of testing an idea. 

It is about creating a Minimum Viable Product or MVP for short. As a custom software vendor, your job is to provide your target audience with a product that has the minimum number of features. 

This is not the final product. Its goal is to collect as many user reviews as possible to understand if you are moving in the right direction and whether you should continue to engage in further detailed product development. Positive feedback will signal that you can start the refinement and improvement phase of the product. 

This approach allows startups to minimize the amount of effort put into product development by the team, as well as time and finances. 

Many mistakenly believe that this is some kind of prototype. This is just a variant of testing an idea to see if it will be successful or not. 

What are the goals of creating such a product? 

Most companies using this approach mainly pursue the following goals: 

• Start getting the product to market as soon as possible; 
• Minimize the number of resources used to get feedback from real users; 
• Find out what appeals to and what repels the target market. 

Strategic steps to take 

If you do not intend to put all the resources you have at stake before starting to engage in mobile app development, software, or any other product, then before you start developing an MVP, you should take the following steps: 

1. Clearly define your company’s goals 

Before you start brainstorming what features you want to test initially, you should think about whether this is really what you need at the current moment. 

The goals of creating an MVP and the goals of your company should intersect and match. What should these goals be? Do you want to increase the profitability of the company in the coming year? Do you have limited resources that you are not willing to spend before you get confirmation that you are moving in the right direction? The answers to these questions will tell you if your company should be thinking about starting to develop such a product. 

Moreover, you need to understand what do you want to get from MVP development? Can a new product open the way for you to a new target audience? This is especially true for those companies that already have other products. Creating such a product is a great idea if you intend to target new audiences. 

However, if focusing on new target audiences is not your primary goal, then you should postpone this approach until a more appropriate time. Instead of thinking about developing a new product, think about improving and adding new features to existing products. 

2. Make a list of specific solutions your product can offer 

Since your product will be endowed with only minimal functionality, you will not be able to offer users everything that you have in stock. You should start by making a list of specific solutions that you are ready to offer. 

After that, prioritize them for users. A strategic approach is important here. First, you need to choose the highlight that will attract the attention of your audience. It’s like a “hook” when you write an elevator pitch – something that will immediately make users pay attention to you. 

To find and select this hook, you can collect the following data: 

• The methodical examination of the target audience, including their requirements and problems; 
• Research of the products, revenue, and marketing strategies of the major competitors; 
• Data on how soon you can add all other features to your product, in case of positive user feedback. 

Based on such data, you will understand what feature or features your product should have in the early stages of its development. 

3. Outline a plan of action for product development 

Many may have the misunderstanding that it doesn’t matter what the MVP looks like. It may seem that only the function you choose to test is important. Your product should be completely ready and configured, but functionally limited. 

This means that everything must be thought out to the smallest detail, that is, it must be viable. If you offer users a product that looks crooked and askew with a lot of unfinished details, then even those minimal resources that you spend on its development will be wasted. 

Conclusion 

Having launched such a product, it is important to focus on what kind of feedback you will receive. A successful MVP does not mean that you can start developing a full-fledged product according to a predetermined plan. Rather, based on feedback, you can ascertain the strengths and weaknesses of the product. Weaknesses will need to be rethought and ways found to turn them into strengths. 

The post Strategic Steps You Should Take to Develop a Minimum Viable Product  appeared first on Tech Today Info.