Overall a-share valuation tends to be mature – Alloy Steel Seamless Pipe Manufacturer

As the recent A-share market approaches the point similar to last year end, the overall valuation of Shanghai Shenzhen 300 Constituent Stock keeps going downward. As the market closed on July 3rd, the P/E ratio of Shanghai Shenzhen 300 index lowered to 10.68x, which is close to the year low record of 10.43x on January 5th, 2012. Such a figure also neighbors Shanghai Shenzhen 300 Index’s 9.37x historic extreme.

Thomson Reuters data shows that by June 29th, the dynamic P/E ratios of Standard & Poor’ 500 Index, Deutscher Aktien Index, Hang Seng Index and Shanghai Composite Index are 12.54x, 9.22x, 9.62x and 9.29x. Analysts pointed out that in terms of international horizontal comparison; there are no huge differences between A-share valuation and mature markets in America, Germany and Hong Kong, etc.. In terms of horizontal comparison, the present A-share valuation is obviously lower than the 998 points on June 6th, 2005 and 1664 points on October 28th, 2008. This is an objective support for enhancing the valuation of Shanghai Shenzhen 300 Index.ex.

The performances of A-share keeps going downwards from 2010 to 2011 and the yearly price drop ranges are 14.31% and 21.68% respectively. After the earlier continuous and considerable decline, the general valuation of A-share market gradually draws together with mature markets.

Judging from the current circumstances, analysts think that though our economic growth slows down, there is little suspense that Chinese economy will grow faster than developed countries like America and Germany in years. Therefore the valuation of A-share market is increasingly attractive.

However, the structural disparity is still significant between A-share market and other markets though the overall valuation of A-share market is drawing close to international developed markets. Thomson Reuters reveals that the industries with highest dynamic P/E ratios are biotechnology (36x), investment (20x) and retail commodity (17x). And the lowest dynamic P/E ratios are seen in air transportation (7x), auto manufacturing (8x) and insurance (9x). In contrast, the industries with best P/E ratios are food and home appliances (22x), non-ferrous metal (22x) and health & medical (20x) and the lowest are banking (6x), railway transportation (9x) and automobile (9x).

Government Supports Private Capitals Move into the Culture Industry

After General Administration of Press and Publication enacted a policy to encourage private capital entering the culture industry, Ministry of Culture also published similar policies.

However, State Administration of Radio Film and Television has not published similar policies. Reporters from China Securities Journal have learned from insiders that reform in the radio, film and television will be slower than that in press and state owned art groups. The private capital has to wait to enter the radio, film and television at least in this year.

GAPP policies primarily focused on supporting private capital apply for national culture industry special funds. It maintains that private capital receive the same treatment with state capital in press park establishment and industry park construction. Ministry of Culture stated that private capital firms will receive equal treatment with state capital firms in terms of projects establishment, tax benefits and regulatory approvals. It also encourage private capital firms including financial institutes, brokerages and culture funds to enter the culture industry.

Cheng Shaofeng, deputy director of culture industry research institute of Beijing University said that, press industry and entertainment industry reforms started relatively early and as a result private capital has high degree of involvements. At present, policies enacted by two main regulatory agencies actually officially acknowledged private capital’s status in the industry and further laid out regulations for participants to follow.

Currently among the public listed companies in the domestic market, press firms have the largest share while radio, film and television firms are next to none. -Press and media industry reform was the fastest therefore privately owned press firm and advertisement firms are abundant with high degrees of market competition. Therefore, it is relatively easy for private capital enter such industries. On the other hand, radio, film and television industries reform has not yet completed yet with planned internet, cable and phone networks combination moving very slow. In addition, many existing firms within the industry still remain bureaucratic. And as a result, private capital still faces resistance to enter into this industry.- Chen stated.

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Nokia’s Decline Is Not Related With Marketing

Why did Nokia decline? The most nonsensical argument is that Nokia is too far away from Silicon Valley and it lost the ability to innovate and lead innovation. It can also be said that Nokia failed due to the continuous blow of Apple and Google. Especially Apple has rewritten the golden age of the traditional mobile phone manufacturers represented by Nokia.

Of course, this does not mean that Nokia will surely perish in the short term. Nokia will not get out of the Chinese market. Nokia can not be acquired in a short-term. However, Nokia’s decline has a variety of reasons. The only one that does not have to bear the important responsibility is probably Nokia’s marketing, especially China’s marketing team.

Nokia’s marketing has been very powerful. Whether channels or activities, whether endorsements or advertising, Nokia’s marketing and innovation are world-class. New Year’s Eve concert, superstar strategy, advertising campaign and the innovative application of Internet marketing, Nokia’s marketing throughout the industry is in the lead.

It is pity that Nokia who understands social media marketing is abandoned by the user. Even Nokia itself has given up Symbian and switched to Microsoft camp. The reality is so cruel. You may have not committed anything wrong, even always a plus in marketing, but the situation is hopeless. No matter what kind of marketing ideas and deeds can not change the decline of the Nokia product line.

Nokia’s decline is not much related with marketing, but Nokia’s case was enough to alert all the marketing people. Marketing is not everything. There are things more important than marketing, such as products.

Nokia’s has an absolute advantage in technology innovation. But the efficient operation of the corporate culture and cost control has become a stumbling block of innovative thinking. Nokia discarded the touch wave, just because it takes into account the risk of the high cost. It is reluctant to give up the lagged behind Symbian system early.

Although Nokia has seen competitors continually erode their market share, but Nokia is still reveling in the industry leader position in the past few years. When the rise of Apple and other smart phone threat and gradually replace its position, Nokia was awakened and rushed to find partners like Microsoft. Nokia today have lost even the hope of turning over.

Analysts of the industry say that technology innovation is the key factor of mobile phone manufacturers. Marketing is not everything. The products and technology innovation play a more important role.

Marketing Study Background Color Vs. Profitability

Ive had this study on the back burner for ages and finally decided it was time to check it out. Heres the deal Tons of marketing gurus tell you that the best way to sell something is with a sales letter. Im not disputing that (at least not in this study). These gurus then tell you that you should set up a one-page web-site that simulates a piece of white paper against a _____ background. That blank is what has been bothering me for awhile. Heres why

I keep seeing different colors for major marketers. I even see some major marketers switch colors from one site to another. It makes me wonder if they have done any testing. Does the color just not matter? If so, why do so many use dark blue, light blue and black?

Then I consider the major money makers on the net and wonder why only one uses a colored background. Im talking about Yahoo, Google, Ebay and Amazon. They all use a white background surrounding their page that is set in a limited width table in the center of the page. Only MSN.com uses a medium blue background.

It was high time for a study to find out the real answer. I did it in the usual way. I built a list of profitable and unprofitable sites by looking at the duration of ads being placed on Yahoo (Overture) and Google. If an ad had been shown for six months or longer, I placed the target page on a list of profitable sites. If an ad was placed and completely dropped in less that one month, the site was placed on an unprofitable list. The latter list would be less reliable, but the comparison between the two lists would still be statistically valid with a sufficient sample size. The latter list might only represent average sites, but even average sites would be less profitable than the known profitable list.

The results were very mixed. First of all, the white background sites were the vast majority on both lists. You simply cant go wrong with a completely white background. However, it wasnt actually the winner. Here is the breakdown:

Profitable sites with a white background: 85.2%

Unprofitable (or average) sites with a white background: 92.6%

A non-white background actually was more profitable a higher percentage of the time. I then studied the darkness of the background in those minority sites for both profitable and unprofitable sites. Looking at the RGB values, I split the colors into two buckets those that were dark (191 or less average RGB value) and those that were light (192 or higher RGB value). The results were even more clear:

Looking only at non-white backgrounds of profitable sites with dark colors: 92.8%

Looking only at non-white backgrounds of unprofitable sites with light colors: 96.1%

Wow! Thats quite a correlation. Although a vast majority of profitable (and unprofitable) sites have a white background, those that do have a non-white background have a dark background whereas the unprofitable sites were more likely to have a light background both with an extremly high correlation. Thats hard to ignore.

I next had to get the actual answer. What color background had the highest correlation with profitability. Whats the bottom line? The answer was just as clear:

53.3% of the profitable sites with non-white desktop background were black.

Now; I should be very clear about this result. The area under study is NOT the actual web-site text area. We are NOT talking about having white text on a black background. In a vast majority of cases, these sites actually had black text on a white background. The area under study is the theoretical area AROUND the virtual piece of paper. It is the desktop color if you pretend the web-site area is a piece of paper sitting on a virtual desktop. It isnt the color of the piece of paper that is under study. It is the color of the virtual desktop that the piece of paper is virtually laying upon.

So what am I going to do about this result? Ill probably eventually implement it. I dont like it, but the result is very clear. Why dont I like it? Well, take a look at one of my sites:

http://www.Glyphius.com

I use a virtual piece of white paper on a virtual white desktop. I like the fuzzed shadow I use around the edges. That fuzzed shadow wont be possible with a black background. The shadow will simply disappear leaving (in my opinion) a less professional look of a crisp piece of white paper against a black backdrop.

The other reason I dont like it is that it puts me out of the majority of profitable sites in general. It will make future studies more difficult. Instead of simply grabbing profitable sites and comparing them to unprofitable sites, I will need to grab only profitable and unprofitable sites that have a black background. Otherwise other results might not be valid if they come from the majority white background dataset. A good example would be a study of headline color. The most profitable headline color might be different between those sites with a black background and those with a standard white background.

I simply havent decided what to do yet. Will I stick with the safe standard white desktop behind my virtual piece of paper? Or will I go with the black desktop that is less standard, but has a higher correlation with profitability? What will you do?

One result from this study is very clear though. If you do choose a non-white background, it is foolhardy to choose yellow, blue (light or dark), pastel green, or any other color. The correct color for highest profitability is clearly black. The 2nd place color (and the color of the vast majority of sites) is white. All other colors failed miserably in this study.

Why You Should Use Ezine Marketing To Increase Traffic To Your Site

Ezine marketing is simply using ezines to get people to visit your website so they can buy your products and sign up for your information or offer. It is a sure-fire way to generate massive amounts of targeted traffic to your sites. Ezine marketing is extremely effective, and really untapped, if you know where to look. It is similar to email marketing except with ezine marketing you have your visitors sign up to get your newsletter. You can use ezine marketing to promote your products, services, website and online business using the targeted subscriber lists of ezine publishers. Ezine marketing is the most targeted form of advertising available to you today.

Marketing

Marketing your website on the internet can be an overwhelming experience, but using ezine articles as a marketing tool is incredibly powerful. Marketing online is perhaps the most profitable way to sell anything. Marketing as an affiliate is pure entrepreneurship in action. The use of classified ads is also popular online because it is cost effective and it works. Marketing with ezines has been working for years and it will keep on working.

Traffic

Ezines will help you to get targeted traffic to your website and build credibility as an expert in your niche market. In turn this will deliver highly targeted traffic made up of people who will buy if you meet their needs. Ezine ad marketing allows you to get your ad in front of millions of targeted traffic who are looking for your product or service. Many of the top internet marketers and offline business owners are using this method of driving targeted traffic. Your first task when you decide that you want to make money online should be to master the art of driving traffic Article marketing (also known as ezine marketing) is a powerful yet over looked way to increase your website traffic.

Ezine marketing is one of the most effective ways to drive network marketing traffic to your website. It is an effective means of customer acquisition and sales or lead generation and is most effective when it is permission based. Ezine marketing is yet another strategy that is employed by businesses that can help your company in its growth as a diversified technique. It usually requires an upfront payment and as such ezine marketing is often overlooked as an alternative method of marketing. Ezine marketing is by far the most practical, easy to do and a proven way of getting a very profitable home business income no matter what niche market you are interested in.

Forum Marketing – Using Forums To Market Your Products And Services

Forum marketing is a great way for instant visitors. It is possible to make sales directly from a forum board, but only in certain situations. You can probably get instant sales by posting ads within the forum where it is allowed. In most cases however, it is a good idea to setup your signature to flow the traffic to your info site first. Word of mouth will generate much more quickly for a free and useful web site.

It is profitable compare to any other marketing services. What you should do when first joined a new forum such as creating a good profile. Warnings telling you that posting too much can be a lost for you. Moreover, the steps to make forum marketing successful and the importance of forum based marketplaces will be told. It also reveal why you should first start selling your products in forums and what technique you should use. Tips for forum based marketplaces such as try to give resale rights, some special offer only for that forum. How can you produce more quality products and how to keep your previous consumer to support on your next products.

To do forum marketing, you find good, well populated forums that relate to your niche. You simply participate in those forums, and include a signature file at the bottom of all of your posts, that lead people to your website. Forum marketing does not take much time at all, once you’ve found the forums that you want to participate in. Again, these are slow, but effective (and free) ways to generate traffic. But no matter how slow they are, they are essential to your overall online business because of the virility of these techniques, and the credibility that it gives you.

Forum marketing is an awesome way to get free traffic, there is a right way and a wrong way to go about it. Visitors to forums aren’t there to be confronted with a bunch of advertisements and spam. They visit forums to find answers to their questions and to get help with problems they have. Following the tips below will help you to be successful in your forum marketing efforts. Only post in active forums directly related to your subject. One of the biggest mistakes you can make in forum marketing is posting in forums that are unrelated to your subject. Doing this will not gain you any visitors or profits and you’re likely to be banned anyway.

It is quickly becoming one of the best. Many people are jumping on board to make big money using forum marketing. Most forum users are very intelligent and open to online purchasing and selling. These users not only know how to use the internet to make money but they also know how to use affiliate online secrets to help them do it. Many of the forum users are respected experts who are also bloggers that write about specific topics covered in the forums. Some forums will not fit your needs, so it is extremely important to find the right community for your business needs.

Always remember that forum marketing is where you market your business through online discussion groups by helping others to solve their problems. You’re not allowed to advertise or market directly through your posts, this is seen as spamming the forums. It’s a “surefire” way to get banned from ever posting to them again. Here’s the secret to highly effective forum marketing. The power of forum marketing comes through your effective use of your own signature file. It’s in this signature file you can hyperlink a keyword phrase back to your website, which when clicked on can get people over to your website.