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Why You Should Buy NIO Stock – Tesla of China

The NIO stock has debut last Wednesday, September 12, 2018 under NYSE at New York.

They priced their stock at $6.26 which is just a penny above the minimum of their $6.25 to $8.25 price range.

This basically cites their inability to attract huge investors initially. Not only that, their share dropped 10% on their first day.

However, the next day their stock climbed to 75% topping at $12.80 per stock.

Despite NIO’s under performing first day, I still think that this is the best time to buy while the price is still at a single digit.

Here are the reason why you should buy the NIO stock.

1. China Has 65% Of The EV Market

This is the main reason why I think NIO will have a dominating future.

They are at the heart of the largest EV market in the world and they can manufacture right inside it.

This resulted into two things which is a great buy for investors. First is cheaper vehicles than Tesla and not needing to export as they can just focus on China at the meantime.

2. They Already Have 2 Working Cars

In just under 4 years since they have been founded, NIO have already produced 2 working cars, one of those they already start selling to customers.

First is the electric super car, named EP9, which they introduced in 2016 and already sold a handful to their first investors at $1.2 million each.

Second is a 7-seater electric SUV, named ES8, which they already started delivering to customers and already has thousand of reservations at hand. It is also way cheaper than it’s direct competitor, the Tesla Model X.

Technically at half the price as ES8 starts at around $67,000 while the Tesla Model X starts at around $126,000 in China.

3. Planning For The Future

Aside from the super car EP9 and the 7-seater SUV ES8, NIO already have a 5-seater premium electric SUV planned, named ES6, bound to be launch by the end of 2018.

This is another direct competitor to Tesla Model 3 but is again cheaper than the Tesla Model 3 which they are saying will only be two third of the price.

This shows a sign of a company that is only looking at the future and is not getting held back by the loses they procured from the past 4 years.

Conclusion

Though I have compared the vehicles of Tesla and NIO, I am not in any way comparing the two companies as a whole.

I know I could have said compared to Tesla, Nio has a better start as they already got vehicles manufactured in just 4 years but I will never say that.

If there is anything, I think deep within their hearts NIO is thankful to Tesla as Tesla is the one who opened the idea that EV Market is possible and, even better than that, profitable.

Tesla would always be the #1 EV manufacturer for me but it doesn’t mean that they will be the only one. History dictates the same for the very first successful fuel car brand and will do the same to the very first successful electric car brand.

One more thing, if you are an investor looking to invest in NIO. Being a new company you should somewhat see that given this stock price, there is nowhere for it to go but bullish.

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Ways To Earn Money Online With A Website

Monetizing your website is still one of the best ways to earn money online.

And the best thing about it is that there are a lot of ways for you to do so.

Photo by Pixabay

In this article I am going to give you the best ways to monetize your website.

And hopefully you would find one or a couple more methods that would suit your website best.

Here are the ways to earn money online with a website.

1. Serving Ads

This is probably the most common one as the process to implement this in your website is pretty straightforward.

Basically you just need to signup to an ads network. Then add their ad codes in your website and they will serve related ads to your website automatically.

The most popular ads network right now is Google AdSense. So if you are still not serving ads on your website and you think this is the best way for you to monetize your website. Go right ahead and signup on Google AdSense.

Your income in this is basically based on the number of clicks on the ads, number of views or a specific time frame the ads has been shown on your website.

Alternatively, you will find people that are interested in placing their own custom ads or banners on your website. You will be the one that decides the price on this so do your research about how much you can actually charge these people.

Basically you would want to know how good your website is performing by looking at your viewership rate. Then sell them the idea why your price is the right price and how it would benefit them.

Alternatively, you should ask their price first so this would give you an idea and if it looks good to you already then just grab the opportunity immediately.

2. Add Affiliate Links

In this method you would need to have a custom link to the product or website you are going to be affiliated to.

This needs a bit more work as you would basically have a lot of affiliate links to manage.

In my case I have a google spreadsheet where I put all of my affiliate links. I look into it before creating an article as the article I am creating maybe related to one of the affiliate links.

If it is related then I would make sure to add that link in the related word or phrase when I am creating the article.

Alternatively you can just add a banner and link it to the affiliate website. Some affiliate website provide this or you can create one yourself.

3. Email Marketing

It is a common knowledge that a large viewership is the secret on how a website becomes successful.

In order to do this you would need to find methods to attract viewers or visitors. But more important than this is making the visitors be a regular in your website.

This is where email marketing comes in, basically in this method you add a form in your website, be it in a popup or a sidebar. It is also imperative that you mentioned the benefits of signing up to this newsletter. Once they signed up they will be called subscribers.

Then later on you will use a plugin which sends out emails to the emails you collected in bulk.

The subscriber will then be able to receive this email in their inbox. Chances are they will click on it and they will be redirected to your website.

This will result in increase of impression of your website. Some of them might even click on your ads or affiliate links.

Do not worry, this sounds very technical but there are plugins that will do this for you automatically. You just need to set them up once. Setting them up is also pretty straightforward.

The one I used a lot before and I also find very easy to setup is MailChimp so go ahead and try it out.

They also support a lot of applications. So whatever platform you are using. Chances are they provide support for it.

4. Serving Paid Content

Honestly, this method can be a lot of things but I will give you a good example on how you can implement this. And hopefully it will give you an idea on how you can utilize this in your website.

One way for you to utilize this is add a Paid Online Course in your website.

Then you will break up this course into multiple parts.

You will then put the content of each part into separate pages. After this you will need to use a plugin that will restrict access to this page unless they signed up and paid for the access on this.

There are a lot of plugins that lets you do all this easily. One for instance is MemberPress if you are in WordPress. This plugin is very easy to setup and very well documented.

After you setup the plugin you can choose how you can serve the content to your member.

You can either give them access to all the paid contents immediately or you can serve each successive part once every week. Or whatever time frame suits you, it is completely up to you.

5. Selling eBooks

You can easily utilize this method if you find yourself really good at something or you have something that you are really passionate about.

If you are one of the two I mentioned above, or better if you are both, and you would love to share your knowledge about something. Then creating an eBook and selling it in your website is a good method for you.

There are a lot of websites out there that is currently selling eBooks right now.

The reason behind it is that it is very easy to create one.

If you already have a topic in mind and you have already broken down that topic into separate chapters. Then creating one would be a piece of cake for you.

Basically after that all you have to do is download an existing template and edit it according to your liking.

Most templates are in PowerPoint and after you finish filling the content all you have to do is save it in PDF format.

If you are in PowerPoint that is just going to File > Save As and choose the PDF format.

Conclusion

There you have it, some of the best ways for you to monetize you website.

If you can, please do try to utilize them all to maximize your profit.

I hope I have helped you and if you have better methods in mind. Feel free to comment down below.