To Hook a Whale on Empire Avenue, Use Linkbait

In stockbroker circles, a ‘whale’ is a really big client ready to invest a wad of cash. Needless to say, we want whales to come our way on Empire Avenue.  One way to hook a whale is by impressing them with a blog.  I have been told numerous times already that someone invested in me because of my blog.  However, it does not matter how compelling your content is if you nobody sees it.  You need to promote your writing.  A great way to do that for Empire Avenue is to use Twitter because so many people have their Twitter accounts linked to EA.  But, what do you say to get people interested enough to click on your blog link.  That’s where linkbait comes in.

Next, what linkbait is and how to use it effectively. Continue reading

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Do you have a big head? You should.

Do you have a big head on Empire Avenue? You should to better succeed. Leo LaPorte, well-known tech broadcaster, called shooting for online media — ‘big head video’. He used this term because in order for faces to be seen on small screens like those on phones, you have to shoot tight closeups of people. The same is true of the little avatar pictures on Empire Avenue. They need to be cropped tight so that people can actually see your face. Why should you care about people seeing you better? Because people support you as a person, not just as a stock chart. Help people connect in the old fashioned way (not just in the follow-me/follow-you way) and you will earn more.

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Are You Favoring Your Dogs Over Your Cows?

In marketing product lifecycle analysis, they used to talk a lot about four types of products: Stars, Cash Cows, Question Marks and Dogs.  You developed a different strategy for each. Stars and cash cows were big money makers.  Question marks were just that and you wanted to get rid of dogs with their low market share and low market growth.  While selling shares in a stock system is very different than selling products in marketplace, there are lessons to be considered for Empire Avenue.

Next, what dogs are on Empire Avenue and how you should manage them…
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Activity versus Value

When you first join Empire Avenue, you should focus on activity. Get your social media and blogs connected, fill out your profile and start talking up a written storm. However, when your share price is into the 20s (and if not already it will be if you are active) you should already be focusing increasingly on value. You want to be providing value to other people. If you are helpful or have interesting things to say, people will invest in you. More importantly, you want the value of a real network of people where you and your opinions are valued. If you are addicted to the game aspect of Empire Avenue, you will probably find that moderates over time. What do you want to have to show for it when that happens?

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Empire Avenue is Rigged

Yes, I said it.  Empire Avenue is rigged.  I have been playing it hard all week rising up the leader board, but I have come to the conclusion that it does not work like a typical free-market exchange like many people would think.  No, instead it is rigged — in your favour.

Next, find out how the Empire Avenue system wants to reward you…
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Stock Price Watch Alerts

Alrighty then.  Nothing long to say at moment.  Instead, I want to ask you a question.  It has to do with Stock Price Watch Alerts.  In my first couple of days on the site, I used them to let me know if someone made a big move.  They probably helped me get a feel for things.

Next, what I do now…
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Understanding Charts in Empire Avenue

The stock charts in Empire Avenue can be tricky to understand. Some people don’t even know where they are. (Click on the blue My Profile Tab and then the amber My Graphs tab.)  Once there you will see three graphs showing your share price for the last 24 hours, the last 7 days and the last three months.  I am going to focus on the 24 hour chart.  I am by no means an expert on this.  This is only what I have been able to deduce, but it might help you.

Next, size might not, but scale matters…
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Inviting People to Facebook

Facebook IconEmpire Avenue rewards Facebook posts, friend growth and friend comments. However, a lot of people only use Facebook with their friends.

So, I use this simple technique to build my friends list: Every time someone follows me on EA or buys my shares, I follow them their, follow them on Twitter, add them to my Twitter Empire Avenue list and ask them if they want me to add them to Facebook. I have gotten many followers on both services. Build your value, build your Facebook friend list. Start by friending me now.

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Take Time to Admire Your Current & Future Trophies

I am always surprised by the people that are active on Empire Avenue that haven’t completed all the easy Achievements. I think the big reason is that they don’t realize what’s possible.

On your profile page, you will see the ‘Latest Achievement’ trophy. Under that is a link that says, ‘view more’. Click that to learn what achievements you have not earned yet. Then, you can click each one to see what you have to do to accomplish it and how many credits you can earn. There you go, easy money.

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Tweet This Post!

Twitter LogoWhy should you retweet a cool Empire Avenue related Twitter post from someone else? Because they will be much more likely to return the favour. And the reason you care about that is it means more EA fans will learn about you. Especially, when your posts link to your blog or EA profile. Just another way to get investors and followers.

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