David Smith’s Olint partners with iTradeFX in a US$100 giveaway to Jamaicans

 

 

Jamaica- David Smith, the Fx Chief of Jamaica, founder of OLINT the premier foreign exchange trading investment club has lent his name to iTrade online forex trading platform with this giveaway. The fullpage, full colour newspaper advertisement and the website says: David Smith is adding US$100 of his own money to Live Forex Trading Accounts for Jamaican Residents who open with iTradeFX between November 15th and December 31st this year at gotradejamaica.com. Of course MTI Traders is all over this, they have been the dominant forex trading educator brand in Jamaica. They have from day one marketed themselves as the company that taught David Smith what he knows. So this giveaway should not be suprising.

Purely, what a powerful affiliate marketing programme !Whoever thought this up, is very intuned with the psyche of the jamaican people has a great timing, it’s very Digicel-esque this offering. The question that’s been hounding me though is this, are Jamaicans really interested in learninig to trade forex themselves or do they simply want to understand how it works, so as to legitimise, fortify their decision to become investors in forex trading investment clubs. I’m sure that for every 100 people Market Traders Institute (MTI) trains in their programme, less than 10% actually become forex traders and do so consistently. Read more

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This week in Foreign Exchange Trading and Jamaica

Foreign exchange trading online and through investment clubs has been hot, hot news once again this past week, the controversy, the players, the self taught traders, the investment clubs are not going away right now, so we’re following it all. Here are the top stories this past week on eToro, Onlinefxtrading.net and Cashplusinvestment.com. 1 eToro gets a huge write up on Techcrunch. With the headline eToro Makes Forex Trade Child’s Play Techcrunch wrote “Israeli eToro is taking a novel approach in simplifying Foreign Exchange (Forex) trading by packaging the complicated concepts involved in trading one currency against another, in fun non-threatening wrappers. Just how big is Forex trading? Try an estimated $3.2 trillion in daily turnover—that’s ~35 times the average turnover of the NYSE. However, unlike stock trading which has been generally adopted by the mainstream, Forex trading to date has been mostly marginalized to professional traders. eToro wants to change all that. Read more

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A Lobbying group for technology in the Caribbean?

by David Mullings

Being based in the US I constantly here about lobbyists and the companies they work for. Recently the cable industry had their lobbyists hard at work because the FCC was considering some changes.  When are we going to see lobbying groups in the Caribbean focused on communicating the views of the tech industry? I would certainly join one and pay a yearly membership fee in order to finally have a voice.

Doctors, teachers and so many others have their organizations to get their views across and we all know that politicians don’t pay you any mind unless there are lots of people behind it (or you have lots of money). I envision a Caricom-wide lobbying group with sub-groups within each country.There are many qualified people with high level government contacts who could be effective spokespersons for this lobby.Who is with me on wanting to see this come to fruition?

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80% of Jamaican Small businesses not interested in being online?

Opportunities Jamaica 2007-Eighty percent of Jamaican small and medium sized businesses surveyed by Central Information Technology office (CITO) in an ebusiness adoption survey said they had no interest at all in having a website. Of the surveyed group, 17% had a website and 4% had a website with ecommerce capabilities.

This as just one of the interesting tidbits I gathered at the ICT workshop at Opportunities Jamaica 2007 conference, staged by Jamaica’s investment agency, Jamaica Trade and Invest(JTI) formerly JAMPRO. Questions abound from this survey findings. 1. What is the nature of SMEs surveyed-what industries are they operating in, how long have theses businesses been open? 2. Is this survey reflecting the low level of internet penetration here of only 40% 3. The SMEs recorded disinterest, is it as a result of ignorance of the benefits of having a website as a marketing and revenue generating tool for their businesses?
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Realvibez launches the first web distribution service for Caribbean Music videos

USA-Realvibez Media, owner and operator of Realvibez.com, a leading online provider of media for consumers of Caribbean music culture, recently launched a new service, Web Distribution.
The new service allows Artists and Record Labels that want to expose their videos to a wide audience via the top video sharing websites to outsource the digitizing, uploading and tracking to Realvibez Media.
A number of artists have already taken advantage of the service, including T.O.K. using it to promote their new single Represent, Sean Paul, to promote his new video for Watch Dem Roll, Ky-mani Marley, to promote his video One Time, To-Isis, Cezar and Ce’Cile.

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Inside NBC/News Corp’s Hulu.com

by David Mullings

I was anxious to receive my invitation to beta test the new online video venture from NBC Universal and News Corp. - Hulu.com. The media had been touting it as a Youtube competitor that would be focused on professional content and I was eager to see exactly what it was and how it compared to Joost (see my previous post about my first week with Joost). There is no competition between Hulu and Youtube - I will go to Hulu for my professional content any day.

I know a thing or two about online video and always seek to keep abreast of new developments. Joost has been a welcome service but when combined with Hulu, I frankly begin to need my cable even less. Hulu has a decent library of content so far, ranging from older television shows like Airwolf to current shows like Family Guy and Heroes and even movies like Blues Brothers. Read more

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RealVibez.com gets more social

Realvibez.com, the portal site for reggae,dancehall and soca videos, has become more social by integrating it’s online media brand within leading social networks. One of the company’s principal’s David Mullings who is a columnist with SiliconCaribe.com, told us that Realvibez.com has been approved as a Media Partner for Bebo.com, the 3rd largest social network in the US and largest in the UK with over 40 million members. “Our channel is the only Caribbean music channel and sits alongside channels such as the MTV UK and Yahoo Music. The videos can be added to profiles just like MySpace and other social networks. You can see the channel at www.bebo.com/realvibeztv.”

Additionally, Realvibez was approved by Flux (www.flux.com), a company recently purchased by MTV Networks, that allows users to use one username and password to log into all sites owned by Viacom and any approved sites. “They are now building our community to launch in December. We are the first Caribbean music website to be in Flux.”

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Making Money Online

Making Money Online continues to be one of the most debated issue ever. Blogs, corporate site, ecommerce sites, social media sites – they all want to make money online. Having read many blogs, magazines and media sites over the past few years, I’ve narrowed to the top3 ways to make money online 1. online advertising via ad networks or direct ad sales by site owners 2. paid subscription model for something in demand and hard to get elsewhere 3. Affiliate programmes.

As I explore these three in depth with my own site and other projects I am involved in, the following is a list of ad networks and affiliate programs I use to make money online at siliconcaribe.com outside of the usual google adsense. We’ve added this topic as a permanent link at the top of the blog as we’ll be updating it regularly. This information is for individuals with blogs and sites small to large who want to make money online. Right now I’m inviting you to check out kontera.com,etoro.com (a forex affiliate programme) and widget bucks a pay per click shopping affiliate programme.

Kontera ContentLink

Kontera ContentLink is great for sites that are content rich and are committed to consistent quality content. Their technology reads your post and turns certain words into an ad. The highlighted words are double underline and an ad pops up when you hover over it.

Sign up for Kontera
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Why Cable & Wireless sucks. And why I wish I lived in a FLOW Zone.

Internet Cyberia, Jamaica-It was supposed to be a simple thing. I was moving from one place to another, and I confirmed that my landline would be an easy transfer since it’s on the same exchange. I really was moving only about 3 miles from my previous apartment.

I moved in November 2006, I got the phone and internet transferred 5 day before Christmas 2006. Then it really got painful. Some claffie, forgot to complete the transfer documentation, so in March of 2007 my phone and internet went poof. When did my service return, 8 months later and it wasn’t a smooth return either-the landline worked but no internet, then the internet worked but I can’t make calls, only receive. Eight months for a phone and landline to be transferred in 2007, in Jamaica. It has not been a good year for me and CWJ.
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STARTUP Interview: Introducing the 876internet brand

Introduction.We’ve been seeing the 876 brand pop pretty often online. So we decided to interview the people behind this internet startup based in Kingston, Jamaica.

SC: Who are the people behind the 876 brand? 876: Leaon Graham (Spaz)- 24 Year Old; Software & Web developer; Charlie Murphy (shadow board member) 22 years old, web application developer; Souad Lawrence(LiquidBunny)- 21 years old;Mario Smith(Blindz) - 23 Year Old. All Jamaicans living and working in Jamaica. 2 Wolmer’s high school graduates and another from Ardenne.

SC: What’s your vision for the 876 branded site network? 876: A “scillion”, but in all seriousness were mainly focusing on a few key markets; however the vision has us venturing into a lot of different markets in the foreseeable future. The current main sites are http://blog.in876.com, http://events.in876.com,http://tech.in876.com, http://hotspots.in876.com, http://business.in876.com, http://mobile.in876.com, http://animesynergy.com. Read more

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