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To be effective at outbound marketing, one must first have a clear understanding of what it actually means. Outbound marketing by definition refers to paid advertising and media services. That sounds simple enough, but outbound marketing is complex, in part because it rarely exists in a vacuum. It is important to understand the complex relationships and interdependencies between paid (outbound), owned (inbound) and earned media before launching any campaign.
Most of the time it is seen that startups struggle to garner the attention of their potential clients because they don’t have a robust marketing plan to back up their business. This is where the role of digital marketing comes to the fore and startups having a proper digital marketing plan are known to garner windfall profits. Besides that, a digital marketing campaign will help you reach out to a cross-section of people across the globe. Have a look at the slide to know the advantages of digital marketing for your Startup.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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2. Perhaps those who are in business would agree that the new millennium has brought about some of the best forms of advertising campaigns.
3. Most of them might have benefited from some of these campaigns particularly because the marketing strategies that were introduced to the new world were more about efficiency and less about the costs.
4. More than that, these new advertising campaign seek not just the mere attention of their clients but it capitalizes on getting the desired attention and response from clients.
5. One of the many effective forms of marketing these days is text message marketing. This particular campaign has led a lot of small and medium scale businesses to the peak of success because it does not cost much but its effect on people is truly great.
6. After the launch of internet marketing and the hype of its successful entrance into the advertising industry, most marketing experts thought that nothing could top that considering the world wide success that internet marketing brought about.
7. Well, perhaps what most of these advertisers often forget and take for granted is the fact that the power of any business is on the local consumers because they are the real people that could make things happen for the business.
8. If you are one of the business owners who have not yet engaged in text message marketing, there is no need to worry because it is the kind of campaign whose effect on the consumers would only wear off if the people behind it become too lazy to implement it.
9. Since you are just starting in your text message marketing campaign, it is very important that you put this in mind. You should always be reminded that the purpose of the mobility of this campaign is to use it as often as you feel that your business needs a little boost.
10. More than its mobility, text message marketing also offers its great relationship with the other forms of advertising. You do not need to worry about starting your text marketing campaign and you still have other advertisements out there because you can use both and you won't make a mess.
11. In fact, your text message marketing campaign can give your existing campaigns the boost that it needs by simply helping you get the word out. It is not only a mere marketing campaign but it is also the support system that the rest of your marketing campaigns need.