Why do Stock Brokers stocks on Bulk SMS Services?

  6/19/2019 2:27:04 PM

 

The stock market is the barometer of the economy. It determines how strongly a country is performing at the economic front.

Hence, investing in the stock market is the only way one can reap big profits in the long run.  If you are a stockbroker, then it is essential for you to keep your investors posted about the ups and downs in the market. You need to give them trade tips and enhance their knowledge by explaining the market trends. To do all these things effectively, you need smart services such as bulk SMS. It is fast, effective, efficient, and cheap.

By hiring the right service provider, you can keep the clients informed about what is happening in the stock market.

Advantages of bulk SMS service for stockbrokers

Being a stockbroker, you are a financial advisor who can give advice to the investors and guide them to take the right decision. Here is how SMS can help you.

  • SMS can give minute by minute information on stock movements. It can update about the highs and lows, and keep the investors informed about technical analysis.
  • Since SMS is delivered at a wink, you can give almost real-time information to the clients. Remember, timing is the most crucial thing in the stock market. An opportunity missed is an opportunity lost.
  • You can tell them about various stock options, trading inputs, and information about the balance sheet of a company.
  • SMS is useful in sending market alerts, expert advice, and derivative strategies.

Statistics prove that SMS is opened and read within minutes. The success rate of it is more than any other mode of communication.

Hence, it is perfectly suitable for a highly dynamic and volatile market like the stock market.

Customers can keep track of their stocks

SMS is not a one-way communication mode only. You can establish a two-way communication channel using it. Clients can keep track of the stocks they own by sending an SMS request to know the latest price. Thus, they decide whether to keep the stock or not. It is very much essential to be smart and swift nowadays to remain in the race.

If you are stockbroker, then you have to keep reminding the clients about your relevance and usefulness continually. SMS can be instrumental in doing that. You always remain in the mind of your client. In short, bulk SMS is the new-age tool to set new service standards as a stockbroker.

 

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