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[C898]Competition Rules And Regulations

by Prince Kumar, Pri

Auctions sites are a great way to promote your websites and sell any affiliate product. For example, Ebay, the largest online auction there is, will expose your websites and products to millions of people who use it on a daily basis. People from more than 100 countries use Ebay to either buy or sell products. Ever since its inception in 1995, Ebay had already hosted billions of different auctions and its rate is growing at an incredible 30% a year.

Every week, the site receives 2 billion views and it sells products in 7,800 different categories. Now, even for a traditional brick-and-mortar store, this range of products is impressive. 10 million people make it a point to visit this site at least once every week. Currently Ebay also has 192 registered users, with this kind of market, it is really no wonder that a lot of people decides to explore the potential in Ebay.

But before you start promoting your product and website using Ebay, should first make sure that you completely understand the site rules and regulation. For the most part, all you need to remember is that while Ebay allows you to have your own About Me Page and you can put your website link there, you are not actually allowed to offer your merchandize on that particular page.

For example, Ebay does not permit non-Ebay merchandize to be displayed in the About Me page as well as links to other online auction sites and trading pages. Of course, it is also quite apparent that Ebay would not allow you to link to a site that offers lower prices compared to the one on the site. Even fixed price trading websites cannot be displayed on the About Me page.

So with these kinds of restrictions, how can you effectively promote your website? Well, it previous sentence says it all; you can actually promote your website on Ebay as long as it is not linked within the trading page itself. In fact, you can even link to your individual internet store provided that it is not within other auction sites or the foxed price format. However, if the Ebay rules and regulation are not followed by the internet marketer, his About Me page can immediately be removed.

Aside from the About Me page, another trick you can utilize for promotion is the auction trick. Ebay's policy actually allows sellers to link to a page that has more images of the actual product you are selling. By simply composing a clickable sentence, you can attract people to visit your website. For example, just saying "Click here to see more images of this antique", any interested visitor will definitely click on that particular link. Once your prospect clicks on the link though, they should be able to view what they are actually looking for. You can have other links on that page though and if the buyer is interested, you might generate more sales.

The last trick you can use to promote your website in Ebay is the "more information trick". It strategy mainly works just like the image trick because you are enticing the visitors to know more about the product either by letting them see images or through product descriptions.

For example, if you want to sell something very expensive in Ebay, it is recommended for you not to put everything together in the site all at once. What you can do is to put one or two of this particular product on Ebay and entice the interested buyer to click on a hyperlink for more information or for the story behind the product. Then, once they are at your website, you can put links to more photos and your product catalogues so the buyer will be able to know all the important aspects of your product. Of course, since they are already at your website, you should give these buyers an option to purchase directly from you.

With all these benefits in mind, all online marketers cannot help but conclude that Ebay is indeed not only a tool to generate instant sales through negotiation and trading, it can also be used as an effective promotional tool as well.

Penny Stocks are stocks that have a very low value and are traded outside of the formal stock exchanges. They are mostly traded over the counter on the Over The Counter Bulletin Board (OTCBB) and the Pink Sheets. Also, they are characterized by very thin volume. Due to the low value of these stocks and the thin volume of trade everyday, they are subject to a lot of manipulations.

As a result, many frauds and scams occur in penny stocks trading. The Securities and Exchange Commission (SEC) has formulated certain rules and regulations for penny stocks trading. This is primarily to help investors to safeguard their investment from possible frauds and scams.

The Securities Exchange Act of 1934 relates to penny stocks. Section 3(a)(51) of this act is associated with penny stocks. Penny stocks are defined as securities other than those falling into the categories mentioned below:

The shareholders' equity should be a minimum of $5,000,000.

These companies should have a net income of $750,000 (excluding extraordinary or non-recurring income) during the last year or during two of the last three years.

The company must have been operating for at least one year and the average revenue must be at least 6,000,000 during the last three years.

The market value, last bid price multiplied by the number of listed shares, should be a minimum of $50 million.

The common or preferred stock of the company must have a minimum bid price of $4.

There must be at least 300 different holders of the company's common stock.

There should be a minimum amount of $10 million in the case of a convertible debt security. Convertible debt security is a security that can be converted to other securities issued by the same company.

The stocks must have been issued by an investment company under the Investment Company Act of 1940.

These companies must have call or put options issued by the Options Clearing Corporation.

There must be at least 100,000 rights and warrants issued and these securities must be registered with the stock exchanges or an automated electronic system sponsored by a registered national securities association.

Stock falling under the above mentioned categories are not penny stocks. Investors must know that any person trying to sell the stocks falling in any of the above mentioned category as a penny stock is a scammer or fraudster.

Every broker-dealer firm engaged in penny stocks trading must get a written agreement from the customer before they go ahead with the transaction. This written agreement should lay out the risks involved in penny stocks investing. In addition, the current price and the broker's compensation should be mentioned.

The firm must also send monthly statements to the customer showing the current value of the invested penny stocks. Every investor must be aware of the rules and regulations laid down by the SEC in relation to these stocks.

This will go a long way in helping the investors to make money and to steer away from frauds and scams associated with penny stocks investing.

Article Source : Pg. 24

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Both Prince Kumar & Nir Dotan are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Prince Kumar has sinced written about articles on various topics from How to Sell on Ebay. . Prince Kumar's top article generates over 720 views. to your Favourites.

Nir Dotan has sinced written about articles on various topics from Argentina Travel, Penny Stocks and Pink Sheets. Nir Dotan is a writer and promoter of services, and Prefer. Nir Dotan's top article generates over 74000 views. to your Favourites.