Local and international stock prices are interested in knowing everyone who has a relationship with the economy and everyone who works in stock trading, and their number is many.
In terms of numbers, nearly a million people are searching the Google search engine for the phrase stock prices every month, that is, more than 10 million searches annually with that phrase.
And for those who do not know, the number of 10 million searches per year is very large in the Internet language.
Other similar words do a great job. This means that this field, in general, has a high Search.
The most important thing is that competition in this field is weak, "perhaps stronger than other areas, but it remains weak." This means that the price of ads on the site specialized in the field of stocks is high, and here the owner of the site wins a lot. More details about the project are listed below.
Project Idea
The idea is based on creating a website attached to an application (Android and IOS). In them, share prices are displayed directly, to provide benefits to stock investors and economists.
Through this online business, it is possible to achieve large profits in reality, due to the high price of advertisements in this area. There is no exaggeration if we assume that a website in the field of stocks and exchanges has 10,000 visitors per month.
It may achieve more profits from another site in another field that has 100 thousand visitors. The app too. So we are talking about a project worth the effort and investment.
The project location and area
Although we aim to establish a valuable project, depending on qualified cadres.
However, it is possible to start without a location, so that the employees work from their homes, and with this, we save a lot of money, we will not pay rents, equipment, services, or taxes, and the wages of employees, in this case, are lower.
Online share prices project requirements
We are talking about a professional project. Therefore, there is no room for free work, but rather it is necessary to buy tools and invest money to establish a respectable project through which large sums can be achieved. We review the project requirements below.
1- Website
Yes, we saved a lot of money. However, this should not be continued for this step.
This is because the site is the backbone and foundation of the project, so it must be implemented professionally.
We need a website that displays stock prices directly. An appendix with a blog in which specialized articles are written about local and global stocks, money companies, coverage of global financial markets, trading strategies, and more.
In addition to the company's introductory pages and services. We also aim for the site to be fast loading and free of problems that hinder the visitor's access to the content.
And all of this requires professional tools and people to implement it. This leads us to deal with an IT company with a good reputation and long experience. This will cost a lot more than what you would pay for a young freelance worker.
2- Mobile application
The mobile application is not less valuable than the site, as it represents almost half of the project, and through it, share prices can be provided directly as well. And through it, huge profits can be made.
Therefore, it must be implemented by a specialized technology company, and it could be the same company that implements the website.
And if that happens, you can get an offer that is a good discount. Whoever requests a website and application is not the same as asking for a single website or a mobile app on its own.
3- Employees of the online share prices project
There is a need for many competent employees to work full-time on specific work schedules "as in the private sector" but from their homes. Here is the project's need for staff.
- SEO specialist to work on advertising, developing, and appearing the site faster in search engines, and he is preferred for those with moderate experience.
- A content writer with stock experience writing articles related to stock exchanges, stock trading, economic company news, and trading strategies.
- An online marketer to implement paid online advertising campaigns on various global platforms to attract "visitors" traffic. It is necessary to have at least two years of experience. So that he can properly target customers and send motivating advertising messages that help to attract a large number of visitors at the lowest possible price.
Capital required And profits
You can also profit by promoting some of the company's educational courses, as well as by making special advertisements for companies. Let us assume that the project's profits are in the highest amount of 13000$ per month.