Articles

Bulk SMS service is a must have for stock trading companies in Mumbai

by Vikash Kumar Internet Marketing Analyst
Stock prices form an integral part of the economy of any nation. But it is also known for being the most volatile industry amongst all. This requires stock brokers and financial advisors or agencies to have constant communication with their investors to give updates on ups and downs that are frequent and regular in the market. This communication while crucial doesn’t need to be elaborately written with long texts. So, while emails seems like the right avenue for instant communication with clients, the appallingly low open and read rates makes it a poor choice when it comes to urgent financial discussions.


Mumbai being one of the foremost economic capital of the country with the hub of activity at the Bombay Stock Exchange is a thriving market for financial advisory firms and stock trading consultants. Majority of the population in our country still lack financial literacy about very basic yet important financial matters, processes and jargon. 


There is a perceptual bias against different avenues of investment and stock trading amidst many. This is holding us all back as developing nation, which is making great strides in technology and innovation. But without sound financial decision-making and adequate contribution of the population into the national money market, we will remain shackled by our own lack of awareness. 

A lot of this can be helped with technology and communication; and the right avenue for communication is bulk SMS marketing in Mumbai. For communication that requires instantaneous delivery and immediate opens, easy readability and fast paced decision-making bulk SMS forms the perfect solution. It has the highest open and read rates in the country, while for promotional purposes it surpasses other forms of marketing communications; it is the most effective when it comes to communicating financial alerts and notifications regarding banking and other money matters.

Here’s how stock trading advisors and consultants can benefit from bulk SMS in Mumbai:

  • Send alerts when investors reach their marginal limits
  • Get confirmation of trading requests fast
  • Report on everyday highs and lows in stock prices instantly
  • Inform with useful financial and investment tips to keep them engaged and satisfied
  • Alerts and notification on stock information on demand
  • Pre-market trading tips for fresh investors
  • DEMAT and purchase request alerts
  • Confirmation on DEMAT requests
  • Buy and sell tips

Why bulk SMS?

With a fast paced communication system like bulk SMS, the overhead calls and confirmation alerts have low process bottlenecks and overheads. Staff productivity can be improved with an easy to use messaging platform, which would otherwise cost a lot of time over telephonic discussions. Answering routine queries and keeping customers satisfied with timely alerts, confirmations and information on dips and peaks in the market while crucial to the industry has a lot of room for errors and redundancies thus, causing frustrations on both ends, this can be mitigated with bulk SMS. Furthermore, in addition to important communication, bulk SMS is also great avenue for marketing and brand awareness for your business which in-turn can reap great results.

About Vikash Kumar Advanced   Internet Marketing Analyst

26 connections, 0 recommendations, 105 honor points.
Joined APSense since, June 3rd, 2013, From New Delhi, India.

Created on Aug 29th 2018 05:11. Viewed 338 times.

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