marketing intelligence report for parcel delivery
Transcription
marketing intelligence report for parcel delivery
0$5.(7,1*,17(//,*(1&(5(3257)25 3$5&(/'(/,9(5< ,QWURGXFWLRQWRWKH3DUFHO'HOLYHU\)RRWSULQW5HSRUW :HOFRPHWRWKH2QOLQH9HQWXUHV*URXSPDUNHWLQJLQWHOOLJHQFHUHSRUWIRUWKHSDUFHOGHOLYHU\LQGXVWU\ 7KLVUHSRUWZLOOH[SORUHWKHSDUFHOGHOLYHU\LQGXVWU\E\DQDO\VLQJWKHRQOLQHSUHVHQFHRILWVNH\FRQWHQGHUV,Q RUGHUWRGRWKLVZHZLOOGHOYHLQWRKRZWKHLQGXVWU\LVVKDSHGE\OLQNVNH\ZRUGGDWDDQGVRFLDOPHGLDVWDWLVWLFV WRJLYH\RXJUHDWHULQVLJKWLQWR\RXUVHFWRU 7RGLVFXVVWKLVUHSRUWIXUWKHU &RQWDFWXVRQ RU (PDLOXVDWLQVLJKWV#RQOLQHYHQWXUHVJURXSFRXN .LQGHVW5HJDUGV 'DYH6WRSKHUDQG5LRQQH:LOOLDPV 6FRSHDQG&RQWH[WRIWKLV5HSRUW 7KLV,QVLJKWVUHSRUWORRNVLQWRWKHFXUUHQWSDUFHOGHOLYHU\LQGXVWU\DQGKRZLWDIIHFWV\RXUEXVLQHVV :LWKLQWKLVUHSRUWWKHIROORZLQJTXHVWLRQVDUHDQVZHUHG :KDWRQOLQHWUHQGVH[LVWIRUWKHSDUFHOGHOLYHU\LQGXVWU\" :KLFKFRPSDQLHVDUHWKHGULYLQJIRUFHVLQWKHSDUFHOGHOLYHU\LQGXVWU\" :KDWGRWKHVHFRPSDQLHVGRGLIIHUHQWO\" :KLFKNH\ZRUGVGRWKHVHFRPSDQLHVWDUJHW" 'RHVP\FRPSDQ\QHHGWRUHDVVHVVLWV6(2XVDJH" :KDWLVWKHNH\WRVXFFHVVLQWKHSDUFHOGHOLYHU\LQGXVWU\"'ROLQNVFRQWHQW6(2RUVRFLDOPHGLD FRQWULEXWHVHSDUDWHO\RUDUHWKH\DOOHTXDOO\DVLPSRUWDQW" ,I\RXZRXOGOLNHWRLPSURYH\RXUEXVLQHVV RQOLQHSUHVHQFHWKLVUHSRUWZLOOKHOS\RXWRFKRRVHWKHEHVWFRXUVHRI DFWLRQ,WKDVEHHQGHVLJQHGLQVXFKDZD\DVWRJLYH\RXLQVLJKWLQWRWKHWKHFXUUHQWVWDWHRIWKHSDUFHOGHOLYHU\ LQGXVWU\ZLWKLWVOHDGLQJWUHQGVVWDWLVWLFVDQGNH\SOD\HUVGHWDLOHGZLWKLQ )RUWKLVUHSRUW6HDUFK(QJLQH2SWLPLVDWLRQ6(2ZLOOUHIHUWRWKHSURFHVVRIJDLQLQJWUDIILFWRDZHEVLWHWKURXJK GLIIHUHQWPHDQV7KHVHFDQLQFOXGHOLQNEXLOGLQJJHWWLQJRWKHUVLWHVWROLQNEDFNWR\RXURZQRQSDJH RSWLPLVDWLRQHGLWLQJDQGUHZULWLQJFRQWHQWDQGFRGHIRUVLWHVLQRUGHUWRLPSURYHSHUIRUPDQFHDQGVRFLDOPHGLD SUHVHQFHEHLQJDFWLYHLQYDULRXVVRFLDOPHGLDSODWIRUPVDURXQGWKHLQWHUQHW <RXZLOOILQGDQXPEHURIFRPSDQLHVSURILOHGZLWKLQWKLVUHSRUW7KHVHFRPSDQLHVDUHEHOLHYHGWREHWKHWRS FRQWHQGHUVZLWKLQ\RXULQGXVWU\EXWLI\RXEHOLHYHWKDWWKHUHDUHRWKHUVZHVKRXOGFRQVLGHUSOHDVHOHWXVNQRZ :HDUHKDSS\WRFRQVLGHURWKHUFRPSDQLHVWKDWDUHSXWIRUZDUGWRXVDQGZLOOFRQGXFWUHVHDUFKLQWRWKHLURQOLQH VWDWXV,IWKH\DUHIRXQGWREHLQIOXHQWLDOSOD\HUVZLWKLQWKHSDUFHOGHOLYHU\LQGXVWU\ZHZLOOLQFOXGHWKHPLQ UHSRUWVJRLQJIRUZDUG &RQVXOWLQJ(GLWRU-DPHV:HOFK +HDGRI,QVLJKWV5LRQQH:LOOLDPV +HDGRI3URGXFWV'DYH6WRSKHU :K\GR,QHHGWRUHDGWKLVUHSRUW" 7KLVUHSRUWLVDYDOXDEOHWRROWKDWFDQEHXVHGWRPHDVXUHWKHVXFFHVVHVRIWKHWRSOHYHOFRPSDQLHVZLWKLQ\RXU LQGXVWU\ :LWKLQWKLVUHSRUW\RXZLOOILQGWKHVWUHQJWKVDQGZHDNQHVVHVRI\RXUJUHDWHVWFRPSHWLWRUVDORQJZLWKGHWDLOVRI WKHLURQOLQHPDUNHWLQJFDPSDLJQV 7KHGDWDLQWKLVUHSRUWKDVEHHQXVHGWRFRPSLOHLQIRUPDWLRQUHJDUGLQJ\RXUFRPSHWLWRUV¶OLQNSURILOHVFRQWHQW FUHDWLRQNH\ZRUGXVDJHDQGVRFLDOPHGLDSUHVHQFH :LWKWKLVRQHUHSRUW\RXFDQJDLQLQVLJKWLQWRZKRDQGZKDWLVGULYLQJWKHRQOLQHSDUFHOGHOLYHU\LQGXVWU\ :KDWZLOO\RXJHWIURPWKLVUHSRUW" 7KLVUHSRUWZLOOJLYHDVQDSVKRWRIWKHSDUFHOGHOLYHU\LQGXVWU\KLJKOLJKWLQJNH\IDFWVWKDWZLOODOORZFRPSDQLHVWKH NQRZOHGJHWRWDFNOHGHILFLHQWDUHDVRIWKHLURQOLQHVWUDWHJ\7KLVUHSRUWZLOOH[SODLQZKRWKHNH\GULYHUVDUHLQWKH RIILFHVSDFHLQGXVWU\LGHQWLI\NH\KXEVLQIOXHQWLDOOLQNVDQGWKHWRSNH\ZRUGVLQWKHVHFWRU :KDWTXHVWLRQVZLOOWKLVUHSRUWDQVZHU" :KRDUHWKHRQOLQHPDUNHWOHDGHUVZLWKLQWKHSDUFHOGHOLYHU\LQGXVWU\" :KDWDUHWKHWUHQGLQJWUXVWVLJQDOVIRUWKHSDUFHOGHOLYHU\LQGXVWU\" :KLFKNH\ZRUGVDUHGULYLQJPDUNHWYLVLELOLW\" :KDWVRFLDOPHGLDPHWKRGVDUHRSHUDWRUVXVLQJWRHQJDJHFXVWRPHUV" 6HDUFK0DUNHW,QWURGXFWLRQ 'XULQJRXUUHVHDUFKZHKDYHIRXQGWKHIROORZLQJFRPSDQLHVDQGZHEVLWHVWREHPDUNHWOHDGHUVZLWKLQWKH SDUFHOGHOLYHU\LQGXVWU\ ZZZSDUFHOJRFRP3DUFHO*R ZZZSDUFHOKHURFRP3DUFHO+HUR ZZZGSGFRXN'3' ZZZFROOHFWSOXVFRXN&ROOHFW3OXV ZZZSDUFHOIRUFHFRP3DUFHO)RUFH ZZZ\RGHOFRXN<RGHO 0DUNHW/HDGHU2YHUYLHZV ,QWKLVVHFWLRQ\RXZLOOILQGJHQHUDORYHUYLHZVIRUWKHVXFFHVVRIHDFKRIWKHPDUNHWOHDGHUVZLWKLQWKHSDUFHO GHOLYHU\LQGXVWU\7KHYLVXDOLVDWLRQVEHORZVKRZKRZHDFKFRPSDQ\SHUIRUPVEDVHGRQOLQNVXQLTXH,3V NH\ZRUGUHDFKHVWLPDWHGQXPEHURIYLVLWRUVDQGVRFLDOVKDUHV 7KHFORVHUWKHLQQHUVKDSHLVWRWRXFKLQJWKHVLGHVWKHELJJHUDNH\SOD\HUWKHFRPSDQ\LV ZZZSDUFHOIRUFHFRP ZZZSDUFHOJRFRP 8QLTXH,3/LQNV 6RFLDO6KDUHV 8QLTXH,3/LQNV .H\ZRUG5HDFK ZZZFROOHFWSOXVFRXN 6RFLDO6KDUHV ZZZGSGFRXN 8QLTXH,3/LQNV 6RFLDO6KDUHV 8QLTXH,3/LQNV .H\ZRUG5HDFK ZZZ\RGHOFRXN 6RFLDO6KDUHV .H\ZRUG5HDFK ZZZSDUFHOKHURFRP 8QLTXH,3/LQNV 6RFLDO6KDUHV .H\ZRUG5HDFK 8QLTXH,3/LQNV .H\ZRUG5HDFK 6RFLDO6KDUHV .H\ZRUG5HDFK 5HIHUULQJ,3VYV%UDQGHG/LQNV (DFKRIWKHFRPSDQLHVLQFOXGHGLQWKLVUHSRUWDUHVKRZQRQWKHVFDWWHUJUDSKEHORZ7KH[D[LVVKRZVWKH QXPEHURIUHIHUULQJ,3VOLQNVZKLOHWKH\D[LVVKRZVZKLFKRIWKRVHOLQNVDUHEUDQGHG &RPSDQLHVWKDWDUHSORWWHGPRUHWRZDUGVWKHWRSULJKWRIWKHJUDSKRIIHUDQLQFUHDVHGQXPEHURIEUDQGIRFXVHG OLQNVZKLFKRIWHQPHDQVWKH\DUHPRUHVXFFHVVIXOZLWKLQWKHSDUFHOGHOLYHU\LQGXVWU\ %UDQGHG/LQNV ZZZSDUFHOJRFRP ZZZSDUFHOKHURFRP ZZZGSGFRXN ZZZFROOHFWSOXVFRXN ZZZSDUFHOIRUFHFRP ZZZ\RGHOFRXN 5HIHUULQJ,3V 5HIHUULQJ,3VYV/LQN4XDOLW\6FRUH $OOFRPSDQLHVLQFOXGHGLQWKLVUHSRUWFDQEHIRXQGRQWKHVFDWWHUJUDSKEHORZZKLFKFRPSDUHVWKHQXPEHURI UHIHUULQJ,3V[D[LVWRWKHRYHUDOOTXDOLW\VFRUHRIVDLGOLQNV\D[LV ,I\RX¶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¶YHH[SODLQHGOLQNVDUHYLWDO:LWKWKLVLQPLQGLW¶VLPSRUWDQWWKDW\RXXQGHUVWDQGKRZ\RXUFRPSHWLWRUV¶ OLQNSURILOHVORRNVR\RXFDQILQGRXWKRZ\RXFDQEHDWWKHPLQWHUPVRIVXFFHVV6RLQWKHIROORZLQJJUDSKVDQG FKDUWV\RX¶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µ&&¶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¶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¶OOFDOO\RXEDFN HNJE \RGHORO\PSLFFRQWLQJHQF\SODQV XNPDLOORJR SDUFHOWUDFNLQJª SDUFHOIRUFHVHUYLFHVRSHQVLQQHZZLQGRZ SOHDVHFOLFNKHUH ªSDUFHOIRUFHWUDFNLQJ KWWSZZZ\RGHOFRXNDERXWLQWURGXFLQJ \RGHOWKH\RGHOVWRU\DVS[ 专线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ֺ6SHFLDOLVW7HDP%DVHGLQ /RQGRQ >,0$*(@ KWWSZZZSDUFHOJRFRP KWWSZZZSJFRPHV 6HUYLFLRV'H0HQVDMHUtD(VSDxD(QYtR ,QWHUQDFLRQDO(QYLDU8Q3DTXHWH >,0$*(@ KWWSZZZSDUFHOJRFRPLH KWWSZZZSJFRPHV 6HUYLFLRV'H0HQVDMHUtD(VSDxD(QYt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±%X\&KHDS%ODFN VZHHWKHDUWVKRUWGUHVVKWPO 6KHDWK6KRUW6ZHHWKHDUW'UHVV2QOLQH SURPRWKLQSQJ 5DWLQJ KWWSZZZLQVWDQWSULQWFRXN LQVWDQWSULQW_)O\HU/HDIOHW3ULQWLQJZLWKKU 'LVSDWFK KWWSZZZGSGFR XNWUDFNLQJWUDFNLQ KWWSZZZGSGFRXNWUDFNLQJWUDFNLQJGR JGR KWWSZZZFKHDSSURPGUHVVHVRQOLQHFRXNH[FHOOHQWUHG SUHWW\VKHDWKVSDJKHWWLVWUDSVIORRUOHQJWKGUHVVKWPO &KHDS5HG6KHDWK)ORRUOHQJWK6SDJKHWWL 6WUDSV'UHVV8.2XWOHW3HUIHFW3URP'UHVVHV 6KRS2QOLQH KWWSZZZGSGFR XNWUDFNLQJWUDFNLQ KWWSZZZGSGFRXNWUDFNLQJWUDFNLQJGR JGR KWWSZZZRQOLQHSURPGUHVVFRXNJRUJHRXVEODFNDOLQH VKRUWRQHVKRXOGHUGUHVVKWPO %HVW3URP'UHVVHV6KRS_%X\([TXLVLWH%ODFN $OLQH6KRUW2QH6KRXOGHU'UHVV2QOLQHLQ8. KWWSZZZGSGFR KWWSZZZGSGFRXNWUDFN XNWUDFN KWWSZZZSURPJRZQVRQOLQHFRXNEODFNVKHDWK VZHHWKHDUWVKRUWGUHVVKWPO &KHDS%ODFN6KHDWK6KRUW6ZHHWKHDUW'UHVV8. 2QOLQH6KRSV KWWSZZZGSGFR XNWUDFNLQJWUDFNLQ KWWSZZZGSGFRXNWUDFNLQJWUDFNLQJGR JGR KWWSZZZXNHYHQLQJGUHVVHVVDOHFRXNIDEXORXVZKLWH EDOOJRZQVZHHWKHDUWVKRUWGUHVVKWPO (YHQLQJ'UHVVHV2QOLQH8.&KHDS:KLWH%DOO *RZQ6KRUW6ZHHWKHDUW'UHVVRQ6DOH '3' KWWSZZZGSGFRXN KWWSZZZODSWRSWUDGHLQFRXN /DSWRS7UDGH,Q8._/DSWRS7UDGH,Q '3'8. KWWSZZZGSGFRXNWUDFNLQJWUDFNLQJGR KWWSZZZSDNNHVSRULQJQR 3DNNHVSRULQJ ZZZGSGFRXN KWWSZZZGSGFRXN KWWSZZZDQJOLDSROVNDSOSU]HV\ONLGRSROVNLLXNSDF]ND GRSROVNLKWPO 3DF]NDGR3ROVNL]D MDNQDGDüWDQLą SDF]NĊGR3ROVNL3DF]NLLSU]HV\áNL$QJOLD3ROVND KWWSZZZGSGFR XNWUDFNLQJWUDFNLQ KWWSZZZGSGFRXNWUDFNLQJWUDFNLQJGR JGR KWWSZZZEDOOGUHVVKRSQ]FRPFKDPSDJQHDOLQH DV\PPHWULFDOVWUDSOHVVGUHVVKWPO %DOO'UHVVHV6KRS_$WWUDFWLYH&KDPSDJQH$OLQH $V\PPHWULFDO6WUDSOHVV'UHVV-XVW)RU<RX KWWSZZZGSGFR XNWUDFNLQJWUDFNLQ KWWSZZZGSGFRXNWUDFNLQJWUDFNLQJGR JGR KWWSZZZSDUW\GUHVVHVXNFRXNDPD]LQJJODPEODFN 6KRS%ODFN6KHDWK)ORRUOHQJWK6FRRS'UHVVLQ VKHDWKVFRRSIORRUOHQJWKGUHVVKWPO 8.1HZHVW3DUW\'UHVVHV2QOLQH6DOH KWWSZZZGSGFR KWWSZZZGSGFRXNWUDFN XNWUDFN KWWSZZZEULGHVPDLGUHVVHVXNFRXNVXSHUEXUJXQG\D OLQHIORRUOHQJWKVZHHWKHDUWGUHVVKWPO 8.%ULGHVPDLG'UHVVHV&KHDS2QOLQH'LVFRXQW %XUJXQG\$OLQH)ORRUOHQJWK6ZHHWKHDUW'UHVV &ROOHFWLRQ KWWSZZZGSGFRXNWUDFNLQJWUDFNLQJGR 0RVW,PSRUWDQW/LQNVIRUZZZFROOHFWSOXVFRXN 7KLVOLVWVKRZVWKHPRVWLPSRUWDQWOLQNVWRZZZFROOHFWSOXVFRXNDQGOLVWVWKHDQFKRUWH[WOLQNWH[WDQGH[DFW SDJHRQWKHVLWHWKDWDOLQNSRLQWVWR,WDOVRVKRZVWKHH[DFW85/WKDWWKHOLQNLVSODFHGRQDORQJZLWKWKHSDJH WLWOH$UDWLQJRIHDFKSDJHLVJLYHQ7KHKLJKHUWKHUDWLQJWKHPRUHLPSRUWDQWWKHSDJH $QFKRU7H[W 7R8UO )URP8UO 3DJH7LWOH >,0$*(@ KWWSVZZZFROOHFWSOXVFRXNSDUFHOVQHZ"SDUFHO KWWSZZZWHVVXWLFRXN 0HQV'HVLJQHU&ORWKHV/\OHDQG6FRWW+XJR %RVV$UPDQL-HDQV &ROOHFW KWWSVZZZFROOHFWSOXVFRXNWUDFNQHZ KWWSZZZWUDFNWUDFHFRP WUDFNWUDFH KWWSZZZFROOHFWS OXVFRXNUHWXUQVQ KWWSZZZFROOHFWSOXVFRXNUHWXUQVQHZFKXPV HZFKXPV KWWSFRXNXVVKRSXNFKXPVOWGKWP &KXPV/WG8.%X\'LUHFWIURP&KXPV/WGIRU 6SHFLDO6DOH2IIHUVZLWK8.6DOH'LUHFW KWWSZZZFROOHFWS OXVFRXNEKVPHQV KWWSZZZFROOHFWSOXVFRXNEKVPHQVZHDU ZHDU KWWSFRXNXVVKRSXNEKVPHQVZHDUKWP %+60HQVZHDU8.%X\'LUHFWIURP%+6 0HQVZHDUIRU6SHFLDO6DOH2IIHUVZLWK8.6DOH 'LUHFW &ROOHFW KWWSZZZFROOHFWSOXVFRXN KWWSZZZSD\SRLQWFRXN :HOFRPHWR3D\3RLQW_3D\3RLQW &OLFNKHUHWRILQG \RXUQHDUHVW VWRUH KWWSZZZFROOHFWSOXVFRXN KWWSZZZKGQOFRXN +'1/,QWHUQHW+RPH &ROOHFW KWWSZZZFROOHFWSOXVFRXN KWWSZZZSD\SRLQWFRP 3D\3RLQW*URXS_3D\3RLQW*URXS >,0$*(@ KWWSZZZFROOHFWSOXVFRXNVFRUSLRQ KWWSZZZVFRUSLRQVKRHVFRXN 0HQV7UDLQHUV:RPHQV7UDLQHUV.LGV7UDLQHUV 'HVLJQHU6KRH6KRS &ROOHFW KWWSZZZFROOHFWSOXVFRXN KWWSZZZSD\SRLQWFRXNSD\SRLQWORFDWRU 6WRUH/RFDWRU_3D\3RLQW &ROOHFW KWWSVZZZFROOHFWSOXVFRXNWUDFNQHZ KWWSZZZSDNNHVSRULQJQR 3DNNHVSRULQJ ZZZFROOHFWSOXVFR KWWSZZZFROOHFWSOXVFRXN XN KWWSZZZVDPXHOZLQGVRUFRXNVDPXHOZLQGVRUUHWXUQV SROLF\FIP 6DPXHO:LQGVRU5HWXUQV3ROLF\ KWWSZZZFROOHFWS OXVFRXNVDPXHOZL KWWSZZZFROOHFWSOXVFRXNVDPXHOZLQGVRU QGVRU KWWSZZZVDPXHOZLQGVRUFRXNVDPXHOZLQGVRUUHWXUQV SROLF\FIP 6DPXHO:LQGVRU5HWXUQV3ROLF\ KWWSFROOHFWSOXVFRXN KWWSZZZFHR]RQHFRXN :HOFRPHWR&(2=21(8.7KH8.%XVLQHVV SRUWDOIRU([HFXWLYHV KWWSZZZFROOHFWSOXVFRXN KWWSZZZPRQH\VDYLQJH[SHUWFRPVKRSSLQJFKHDS SDUFHOGHOLYHU\ 3DUFHO'HOLYHU\)LQGFKHDSSDUFHOGHOLYHU\ 0RQH\6DYLQJ([SHUW ZZZFROOHFWSOXVFR KWWSZZZFROOHFWSOXVFRXN XN KWWSZZZFOLIIRUGMDPHVFRXN&OLIIRUG-DPHVUHWXUQV SROLF\FIP &OLIIRUG-DPHV5HWXUQV,QIRUPDWLRQ ZZZFROOHFWSOXVFR KWWSZZZFROOHFWSOXVFRXNFOLIIRUGMDPHV XNFOLIIRUGMDPHV KWWSZZZFOLIIRUGMDPHVFRXN&OLIIRUG-DPHVUHWXUQV SROLF\FIP &ROOHFW3OXV &ROOHFW 5DWLQJ &OLIIRUG-DPHV5HWXUQV,QIRUPDWLRQ KWWSVZZZFROOHFWSOXVFRXNUHWXUQVQHZKHQU\MDPHVVKRH KWWSZZZKHQU\MDPHVVKRHVFRPFROOHFWLRQGUHVV V 'UHVV6KRHV_0HQV'UHVV6KRHV_)RUPDO0HQV 6KRHV &ROOHFW KWWSZZZFROOHFWSOXVFRXN 3D\3RLQW_3ULQFLSDOXORSHUDWRUGHvQFDVDUHSOăĠL vQFăUFDUHHOHFWURQLFDúLWUDQVIHUGHEDQLv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递单 识 查询(06查询 际 查询 KWWSZZZ\RGHOF KWWSZZZ\RGHOFRXN RXN KWWSZZZJOREDOEDWWHULHVFRXNSD\PHQWBVKLSSLQJSKS *OREDO%DWWHULHVODSWRSGLJLWDOFDPHUD FDPFRUGHUEDWWHULHV <RGHOZHEVLWH KWWSEXVLQHVVFRQWDFWQXPEHUVFRXN\RGHOFRQWDFW SKRQHQXPEHU <RGHOFRQWDFWSKRQHQXPEHU >,0$*(@ KWWSZZZ\RGHOFRXN KWWSZZZ\RGHOFRXN KWWSZZZLEWVFPFRP 查 递 际 递_ 际专线 _'+/ 际 询_836 际 递查询_(06 际 递_邮 仓储_专业 递查 _ 际 KWWSZZZ\RGHOFRXN" KWWSZZZ\RGHOF XWPBVRXUFH WRXUXWPBPHGLXP KROGLQJXWPBFDPSDLJQ W KWWSZZZWRXUVHULHVFRXNKRPHSKS RXN VIRRWHU +RPHSDJH_7KH7RXU6HULHV_2IILFLDO6LWH +RPHSDJH_7RXU6HULHV <2'(/ KWWSZZZ\RGHOFRXN KWWSZZZZKHHOWULPVFRXN :KHHO7ULPV8._&DU:KHHO7ULPV_9DQ:KHHO 7ULPV_0RWRUKRPH:KHHO7ULPV_7D[L:KHHO 7ULPV <RGHO/RJR KWWSZZZ\RGHOFRXN KWWSZZZWUXVWSLORWFRXNUHYLHZ\RGHOFRXN <RGHOUHYLHZV_&XVWRPHUUHYLHZVRI<RGHO <2'(/ KWWSZZZ\RGHOFRXN KWWSP\\RGHOFRXN 0\<RGHO <RGHO KWWSWUDFNLQJ\RGHOFRXN KWWSZZZDPD]RQFRXNJSKHOSFXVWRPHUGLVSOD\KWPO" QRGH,G $PD]RQFRXN+HOS7UDFNLQJ<RXU2UGHU +RPH KWWSZZZ\RGHOFRXN KWWSHQZLNLSHGLDRUJZLNL/LWWOHZRRGVB6KRSB'LUHFWB*URX 6KRS'LUHFW*URXS:LNLSHGLDWKHIUHH S HQF\FORSHGLD <RGHO KWWSZZZ\RGHOFRXN KWWSZZZVFXUULFRXNEORJ 6FXUUL7KHH/RJLVWLFV%ORJ &OLFNKHUHWROLQN WR<RGHOFRXN KWWSZZZ\RGHOFRXN KWWSVZZZKGQOFRXN +'1/,QWHUQHW+RPH <RGHO7UDFNLQJ <RGHO KWWSWUDFNLQJ\RGHOFRXN KWWSZZZHSDUFHOVFRXNWUDFN\RXUSDUFHOKWPO 7UDFN<RXU3DUFHO KWWSWKHWRXUFRXNWRXURIEULWDLQVSRQVRUVSKS 7KH7RXURI%ULWDLQ_7KH7RXU_2IILFLDO6LWH 7RXURI%ULWDLQ6SRQVRUV KWWSZZZ\RGHOFRXN" KWWSZZZ\RGHOF XWPBVRXUFH WRXUXWPBPHGLXP KROGLQJXWPBFDPSDLJQ W KWWSWKHWRXUFRXNWRXURIEULWDLQVSRQVRUVSKS RXN REIRRWHU 7KH7RXURI%ULWDLQ_7KH7RXU_2IILFLDO6LWH 7RXURI%ULWDLQ6SRQVRUV <RGHO KWWSZZZ\RGHOFRXN +RZGRZHXVHNH\ZRUGGDWD" )RUWKLVLQVLJKWVUHSRUWLQWRWKHRQOLQHSDUFHOGHOLYHU\LQGXVWU\ZHKDYHFROOHFWHGJHQHUDONH\ZRUGGDWDDQGKDYH DOVRLGHQWLILHGWKHNH\ZRUGVZKLFKDUHXVHGZLWKLQOLQNVIRUVHFWRU VWRSFRPSHWLWRUV 7KLVGDWDLVXVHGWRLGHQWLI\WKHELJJHVWSOD\HUVZLWKLQWKHSDUFHOGHOLYHU\LQGXVWU\EDVHGRQWKHLUFRQWHQWDQG OLQNSURILOHV$JUHDWVLWHLVPDGHXSRIZHOOZULWWHQFRQWHQWJRRGVRFLDOPHGLDFRYHUDJHDQGDKLJKTXDOLW\OLQN FDPSDLJQ/LQNVPXVWUHODWHWRWKHSDUFHOGHOLYHU\LQGXVWU\LQVRPHZD\LQRUGHUIRUVLWHVWRGHYHORSJUHDWHU NH\ZRUGUHDFK7KLVLVHDV\WRVHHIURPWKHGDWDDQGYLVXDOLVDWLRQVWKDWZHKDYHLQFOXGHGLQWKLVVHFWLRQ :KDWZLOO,JHWIURPWKLVVHFWLRQ" )XUWKHURQ\RXZLOOILQGDFLUFOHJUDSKWKDWGHWDLOVWKHNH\ZRUGUHDFKRIHDFKRI\RXUFRPSHWLWRUVZLWKLQWKH SDUFHOGHOLYHU\LQGXVWU\:HKDYHEHQFKPDUNHGWKLVGDWDWRSURYLGH\RXZLWKDFOHDUDQGFRQFLVHUHDGLQJRIWKH UHVXOWVVR\RXFDQVHHH[DFWO\ZKHUH\RXVWDQGFRPSDUHGWR\RXUFRPSHWLWRUV<RXZLOODOVRILQGDUHSRUWRQWKH EHVWNH\ZRUGVSHUVLWHEDVHGRQKRZPXFKWUDIILFWKH\VHQGWRHDFKVLWH .H\ZRUG5HDFK9LHZ 7KHFLUFOHJUDSKEHORZLQFOXGHVWKHNH\ZRUGUHDFKRIHDFKRI\RXUFRPSHWLWRUVLQWKHRQOLQHSDUFHOGHOLYHU\ LQGXVWU\ *RRGNH\ZRUGUHDFKHQDEOHV\RXWRLQFUHDVH\RXURQOLQHSUHVHQFHVRWKDW\RXFDQEHFRPHWKHEHVWRIWKHEHVW LQ\RXULQGXVWU\%\DQDO\VLQJWKHFKDUWEHORZ\RXZLOOEHDEOHWRILQGRXWZKRWKHNH\SOD\HUVDUHLQ\RXUVHFWRU ZZZSDUFHOJRFRP ZZZSDUFHOKHURFRP ZZZGSGFRXN ZZZFROOHFWSOXVFRXN ZZZSDUFHOIRUFHFRP ZZZ\RGHOFRXN 5HDFKRI&RPSHWLQJ:HEVLWHV .H\ZRUGUHDFKLVDYHU\LPSRUWDQWIDFWRUZKHUHUDQNLQJVDUHFRQFHUQHGDVLWFDQKHOSZHEVLWHVWRGUDZLQDQ LQFUHDVHGQXPEHURIYLVLWRUV%HORZ\RXZLOOILQGDWDEOHWKDWGHWDLOVWKHUHDFKRIHDFKRIWKHPRVWLPSRUWDQW VLWHVLQWKHSDUFHOGHOLYHU\LQGXVWU\ 7KH UDQN FROXPQVKRZVZKLFKVLWHVDUHJUHDWHULQVL]HDFFRUGLQJWRVHDUFKHQJLQHV7KHORZHUWKHUDQN QXPEHUWKHEHWWHULVLWIRUWKHVLWH:HEVLWHVVKRXOGVWULYHIRUDKLJKHUQXPEHURIRUJDQLFNH\ZRUGVWKRXJKDV WKLVZLOODOORZVLWHVWRJURZQDWXUDOO\DQGWRWDUJHWDZLGHUDXGLHQFH $V\RXFDQVHHWKHVLWHVWKDWDUHFRQVLGHUHGWREHNH\FRQWHQGHUVZLWKLQWKHSDUFHOGHOLYHU\LQGXVWU\KDYHD ORZHUUDQNQXPEHUEXWDKLJKHUQXPEHURIRUJDQLFNH\ZRUGV 6LWH ZZZSDUFHOIRUFHFRP ZZZSDUFHOJRFRP ZZZFROOHFWSOXVFRXN ZZZGSGFRXN ZZZ\RGHOFRXN ZZZSDUFHOKHURFRP 5DQN 2UJDQLF.H\ZRUGV +LJKHVW'HOLYHULQJ.H\ZRUGV3HU6LWH 7DUJHWLQJWKHZURQJNH\ZRUGVFRXOGEHWKHXQGRLQJRIHYHQWKHEHVWSODQQHGFDPSDLJQ6LWHVWKDWDUHDEOHWR WDUJHWNH\ZRUGVZLWKDKLJKHUVHDUFKUDWHZLOOWKHRUHWLFDOO\UHFHLYHDKLJKHUGHOLYHU\UDWH %HORZ\RXZLOOILQGDWDEOHGHWDLOLQJWKHKLJKHVWGHOLYHULQJNH\ZRUGVIRUHDFKRIWKHWRSFRQWHQGHUVZLWKLQWKH RQOLQHSDUFHOGHOLYHU\LQGXVWU\7KLVLVVKRZQEDVHGRQWKHNH\ZRUGV¶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¶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¶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¶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µRWKHUWUDYHO DUUDQJHPHQWV¶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
Similar documents
Moose Catalog - Gardena Lodge 2062 / WOTM Chapter 430 Home
V&RRO7R%H$0RRVH)UHH]HU0XJV RXQFHVDVVRUWHGFRORUV 0RRVHVKRWJODVV 2]$FU\OLF&XSZ6WUDZ$VVRUWHG &RORUV 7HUYLV7XPEOHUPRRVH 7KHUPRVEUDQGWUDYHO...
More informationAnswers
.HUL)LW]SDWULFN5RYHU6WUHHW(YHUHWW0$7KHDSSOLFDQWSURSRVHV WRLPSURYHDQRQVLWHVWRUPZDWHUPDQDJHPHQWWUHDWPHQWV\VWHP 7KHSURSRVHGSURMHFWLVORFDWHGRQDSDUFHOORFDWHGDW...
More information