The dirty little secret of the energy biz these days is that exploration executives don't want to see $130 oil, $12 natural gas or $4 gasoline any more than we do. For they fear two words that strike terror into the hearts of oilmen everywhere: demand destruction.
Nobody really knows where the tipping point of energy prices is -- that last straw on the camel's back that makes ordinary citizens and business planners decide enough's enough and, en masse, stop using so much -- but it sure seems close. From where I stand in Seattle, it's already here.
It's that moment when a soccer mom decides not to drive across the state in her Chevrolet Tahoe for a youth tournament, letting her daughter carpool with teammates. That moment when a father in Tucson decides to just keep the home windows open in 95 -degree heat instead of turning on the air conditioner. That moment when a regional food- products salesman decides to call his customers on the phone, rather than spend $200 on gas to visit them in person.
It's almost as if you can hear the balance tip, conversation by conversation. And once long-held habits begin to change, the effects can be like a dam burst: shocking, widespread and long- lasting. On the consumer side, we can just look at the report out of General Motors ( GM , news , msgs ) on Tuesday that shows sales of its macho, gas-guzzling trucks were down 37.5% in May compared with a year ago. Now that is what I call demand destruction.
Our Saudi Arabia of sunshine
And yet it's the business side of the ledger that is far more important, as industry uses an order of magnitude more energy than the public. It may have taken a quintupling of oil prices in five years to ring the alarm bells, but the nation's industrial giants and their lackeys in government have finally decided to get serious about renewable energy and not just talk about it in PR campaigns.
Nothing typifies the renewed focus on renewable-energy sources more than solar energy, as authentic, large projects are just now getting under way in California, Nevada and Texas. This makes sense, as the U.S. Southwest is our Saudi Arabia of sunshine -- meaning it has the greatest need for cooling as well as the best stretches of open desert land for collecting, concentrating and distributing rays.
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Friday, June 6, 2008
Verizon Agrees to Buy Alltel for $28.1 Billion
The deal catapults Verizon's wireless business ahead of AT&T Wireless, which falls to No. 2, followed by Sprint Nextel and Deutsche Telekom 's T-Mobile. The combination of Verizon, based in New York, and Alltel, based in Little Rock, Ark., will create a company with more than 80 million subscribers. Verizon adds coverage in Midwest and the South.
Under the terms of the deal, Verizon will acquire the equity of Alltel for $5.9 billion and assume $22.2 billion in debt. The companies hope to complete the transaction by the end of the year.
"This move will create an enhanced platform of network coverage, spectrum and customer care to better serve the growing needs of both Alltel and Verizon Wireless customers for reliable basic and advanced broadband wireless services," Lowell C. McAdam, the president and chief executive of Verizon Wireless, said in a statement .
Shares of Verizon Communications were up about 5.4 percent in afternoon trading.
The transaction represents one of the quickest flips in corporate history: Alltel's owners - TPG, formerly the Texas Pacific Group, and Goldman Sachs 's private equity arm - just completed buying the company last fall for about $27.5 billion.
The deal appears to be driven in part by Goldman Sachs and several of the large banks that financed the original deal seeking a way out of it. Citigroup , Barclays , Royal Bank of Scotland and others were never able to sell all of the debt, which was sitting on their own books at a loss.
Verizon and Alltel have been in a merger dance for years. Mr. McAdam and Scott T. Ford, Alltel's chief executive, have known each other for a long time and have been talking on and off about a combination over the last couple of years, according to a person apprised of the talks before the deal was announced. Rumors surfaced in 2005 that Verizon and Alltel were considering a merger and talks reignited last year, before TPG and Goldman Sachs bid for the company.
Previous efforts to strike a deal faltered in part because of opposition from Verizon's partner in its wireless business, Vodafone , which owns a 45 percent stake. Roger Entner, a senior vice president at IAG, a market research firm, said that the last time Verizon sought to acquire Alltel, Vodafone rejected the deal because the merger would have diluted its position in the combined companies. The current deal is being financed entirely by debt to avoid diluting Vodafone's stake, people involved in the discussions said.
Analysts say that Alltel, which has about 13 million subscribers, is a logical fit for Verizon. First, they share the same cellphone technology, called CDMA, and second, Alltel has customers in regions not serviced by Verizon. The person apprised of the talks said there would be layoffs, but they would be largely limited to marketing, finance and other staff functions.
"You have to see it in context of how Verizon is trying to reinvent itself as a wireless versus a wireline company," said Craig Moffett, a communications analyst at Sanford C. Bernstein & Company. "The more they do, the faster they do it, the better."
Despite being privately held, Alltel files quarterly earning reports with regulators because it has some publicly held debt. The company reported a net loss of $124.9 million for the three months ended March 31, its first quarter as a private company. Many companies that have been taken private report net losses because of higher debt interest payments.
The price on Alltel's publicly traded debt rose sharply after CNBC reported the talks on Wednesday afternoon. The company's loans traded around 98 cents on the dollar, while bonds paying a 7 percent coupon that mature in 2012 shot up 12 cents, trading at about par, according to Standard & Poor's Leveraged Commentary and Data.
Some analysts have questioned whether Alltel could continue to grow, given its buyout-related debt. The company reported nearly a tenfold increase in interest expense in its first quarter, to $496.5 million, from $46.7 million last year.
"While we believe the results were solid, the results did not address our main concerns about this company, and we continue to believe that the company's smaller scale relative to its competitors and its high leverage mean that it will be disadvantaged in the long term," Zhiping Zhao and Anna Basanskaya, analysts at CreditSights, wrote in a research note last month.
But unlike other companies that have been taken private, Alltel continues to pay certain bonds, known as pay-in-kind toggles, in cash rather than by issuing more notes. Issuing notes is sometimes seen as a sign of distress.
The decision by TPG and Goldman to sell their share in Alltel may also suggest what is in store as smaller, independent players find it harder to go it alone. "It makes you wonder what Goldman and TPG see which made them change their minds so quickly," said Mr. Moffett, the analyst. "In the wireless industry there is no place for independence. It is the land of the giants."
Michael J. de la Merced contributed reporting.
Article Source
Under the terms of the deal, Verizon will acquire the equity of Alltel for $5.9 billion and assume $22.2 billion in debt. The companies hope to complete the transaction by the end of the year.
"This move will create an enhanced platform of network coverage, spectrum and customer care to better serve the growing needs of both Alltel and Verizon Wireless customers for reliable basic and advanced broadband wireless services," Lowell C. McAdam, the president and chief executive of Verizon Wireless, said in a statement .
Shares of Verizon Communications were up about 5.4 percent in afternoon trading.
The transaction represents one of the quickest flips in corporate history: Alltel's owners - TPG, formerly the Texas Pacific Group, and Goldman Sachs 's private equity arm - just completed buying the company last fall for about $27.5 billion.
The deal appears to be driven in part by Goldman Sachs and several of the large banks that financed the original deal seeking a way out of it. Citigroup , Barclays , Royal Bank of Scotland and others were never able to sell all of the debt, which was sitting on their own books at a loss.
Verizon and Alltel have been in a merger dance for years. Mr. McAdam and Scott T. Ford, Alltel's chief executive, have known each other for a long time and have been talking on and off about a combination over the last couple of years, according to a person apprised of the talks before the deal was announced. Rumors surfaced in 2005 that Verizon and Alltel were considering a merger and talks reignited last year, before TPG and Goldman Sachs bid for the company.
Previous efforts to strike a deal faltered in part because of opposition from Verizon's partner in its wireless business, Vodafone , which owns a 45 percent stake. Roger Entner, a senior vice president at IAG, a market research firm, said that the last time Verizon sought to acquire Alltel, Vodafone rejected the deal because the merger would have diluted its position in the combined companies. The current deal is being financed entirely by debt to avoid diluting Vodafone's stake, people involved in the discussions said.
Analysts say that Alltel, which has about 13 million subscribers, is a logical fit for Verizon. First, they share the same cellphone technology, called CDMA, and second, Alltel has customers in regions not serviced by Verizon. The person apprised of the talks said there would be layoffs, but they would be largely limited to marketing, finance and other staff functions.
"You have to see it in context of how Verizon is trying to reinvent itself as a wireless versus a wireline company," said Craig Moffett, a communications analyst at Sanford C. Bernstein & Company. "The more they do, the faster they do it, the better."
Despite being privately held, Alltel files quarterly earning reports with regulators because it has some publicly held debt. The company reported a net loss of $124.9 million for the three months ended March 31, its first quarter as a private company. Many companies that have been taken private report net losses because of higher debt interest payments.
The price on Alltel's publicly traded debt rose sharply after CNBC reported the talks on Wednesday afternoon. The company's loans traded around 98 cents on the dollar, while bonds paying a 7 percent coupon that mature in 2012 shot up 12 cents, trading at about par, according to Standard & Poor's Leveraged Commentary and Data.
Some analysts have questioned whether Alltel could continue to grow, given its buyout-related debt. The company reported nearly a tenfold increase in interest expense in its first quarter, to $496.5 million, from $46.7 million last year.
"While we believe the results were solid, the results did not address our main concerns about this company, and we continue to believe that the company's smaller scale relative to its competitors and its high leverage mean that it will be disadvantaged in the long term," Zhiping Zhao and Anna Basanskaya, analysts at CreditSights, wrote in a research note last month.
But unlike other companies that have been taken private, Alltel continues to pay certain bonds, known as pay-in-kind toggles, in cash rather than by issuing more notes. Issuing notes is sometimes seen as a sign of distress.
The decision by TPG and Goldman to sell their share in Alltel may also suggest what is in store as smaller, independent players find it harder to go it alone. "It makes you wonder what Goldman and TPG see which made them change their minds so quickly," said Mr. Moffett, the analyst. "In the wireless industry there is no place for independence. It is the land of the giants."
Michael J. de la Merced contributed reporting.
Article Source
Businessmen jailed for running a £340m scam from cow shed in India
An international businessman and his two deputies were jailed for 25 years yesterday for running a £340million metal trading con from a cow shed in India.
Virendra Rastogi, 39 , was the multi-millionaire chief executive of a billion pound business when investigators from the Serious Fraud Office swooped in 2002 and caught him stuffing papers into his shredder.
Southwark Crown Court heard it was a 'desperate last ditch attempt' to destroy incriminating documents and distance himself from a fraud spanning six years across three continents.
Virendra Rastogi, 39 ,(left) and Guantam Majumdar, 55, (right) at Southwark Crown Court
Rastogi and his co-defendants Anand Jain, 42 , and Guantam Majumdar, 55, invented hundreds of bogus companies and imaginary transactions to convince banks to lend them money.
Fraud investigators found the fake addresses included a cow shed in a field in India, and a laundrette in the US.
Another fake company address was the home of an an elderly lady selling scrapbooks in New Jersey.
Fraud: Customer stamps for the false clients were found amongst the fraudsters' papers at their Hong Kong base
The court heard the 324 fake firms were apparently ordering vast quantities of metal from the USA, United Arab Emirates, Hong Kong and Singapore through Rastogi's company RBG Resources PLC.
The company was founded on fraud and riddled with $ 600million of debt.
Judge James Wadsworth QC jailed Rastogi for nine and a half years.
Jain, dubbed the 'facilitator' of the fraud, was locked up for eight and a half years while Majumdar, once a respected banker in the City, was caged for seven and a half years.
Judge James Wadsworth QC said the 'collusion' of Rastogi's company RBG, and his brother's company in America resulted in billions of dollars being borrowed from banks all over the world.
The judge said: 'I am of the view that you Virendra Rastogi, though much younger and the junior within your family, were the real brains of the extension of the business by these fraudulent means.
'Over six years the banks were induced by your falsehoods to advance billions of dollars for trades that did not exist in any real sense.'
Judge Wadsworth said the loss to the banking system was an estimated $538million.
Rastogi enjoyed a plush existence in his exclusive Mayfair flat and pocketed a total of £4.15 million in just five years, between 1996 and 2001.
In 2001 , the managing director was taking home an annual salary of £650 ,000 while his 'deputy chief executive' Majumder earned £390 ,000.
At the bottom of the pecking order, Jain earned £201 ,000 with a bonus of £75 ,000.
Rastogi claimed this was the address of an International multi- million dollar firm but it was actually an elderly lady's home
At the end of the mammoth trial, which cost the taxpayer at least £10million, the three men were found guilty of an international conspiracy to defraud.
Rastogi followed in the footsteps of his older brother, Narendra, who is currently serving a seven- year sentence for fraud in the USA for founding an empire based on fake invoices from bogus businesses.
Creditors at financial institutions, such as German-based West LB and General Motors, were told RBG Resources gave their customers unusually long 180-day 'credit windows' before having to pay up.
The fraudsters ware granted massive loans to cover them in the interim period and RBG borrowed half its annual 'turnover.'
Rastogi, once on 'Britain's Asian Rich List', convinced the financial world of his credibility by insisting on having internationally renowned firm Pricewaterhouse Cooper as his auditors.
When RBG collapsed in May 2002, investigators struggled to trace the metal-trading customers and those that were found consisted of 'low rent local trade operations.'
The corporation unravelled when PriceWaterhouse Coopers resigned in the middle of an annual audit in 2001.
Suspicions had been raised after a number of documents purporting to be sent from six different companies all over the world were all sent from the same fax machine in Hong Kong.
Other documents appeared to be 'warm from the printer.'
The collapse of Rastogi's firm, based at 105 Piccadilly, followed the end of sister company Allied Deals based in the USA.
Allied Deals was headed by Narendra Rastogi and was built entirely built on fraud, with 95 per cent of its trading between 1996 and 2002 completely fabricated.
The discovery of this fraud lead to the conviction of Narendra and various other members of staff.
Article Source
Virendra Rastogi, 39 , was the multi-millionaire chief executive of a billion pound business when investigators from the Serious Fraud Office swooped in 2002 and caught him stuffing papers into his shredder.
Southwark Crown Court heard it was a 'desperate last ditch attempt' to destroy incriminating documents and distance himself from a fraud spanning six years across three continents.
Virendra Rastogi, 39 ,(left) and Guantam Majumdar, 55, (right) at Southwark Crown Court
Rastogi and his co-defendants Anand Jain, 42 , and Guantam Majumdar, 55, invented hundreds of bogus companies and imaginary transactions to convince banks to lend them money.
Fraud investigators found the fake addresses included a cow shed in a field in India, and a laundrette in the US.
Another fake company address was the home of an an elderly lady selling scrapbooks in New Jersey.
Fraud: Customer stamps for the false clients were found amongst the fraudsters' papers at their Hong Kong base
The court heard the 324 fake firms were apparently ordering vast quantities of metal from the USA, United Arab Emirates, Hong Kong and Singapore through Rastogi's company RBG Resources PLC.
The company was founded on fraud and riddled with $ 600million of debt.
Judge James Wadsworth QC jailed Rastogi for nine and a half years.
Jain, dubbed the 'facilitator' of the fraud, was locked up for eight and a half years while Majumdar, once a respected banker in the City, was caged for seven and a half years.
Judge James Wadsworth QC said the 'collusion' of Rastogi's company RBG, and his brother's company in America resulted in billions of dollars being borrowed from banks all over the world.
The judge said: 'I am of the view that you Virendra Rastogi, though much younger and the junior within your family, were the real brains of the extension of the business by these fraudulent means.
'Over six years the banks were induced by your falsehoods to advance billions of dollars for trades that did not exist in any real sense.'
Judge Wadsworth said the loss to the banking system was an estimated $538million.
Rastogi enjoyed a plush existence in his exclusive Mayfair flat and pocketed a total of £4.15 million in just five years, between 1996 and 2001.
In 2001 , the managing director was taking home an annual salary of £650 ,000 while his 'deputy chief executive' Majumder earned £390 ,000.
At the bottom of the pecking order, Jain earned £201 ,000 with a bonus of £75 ,000.
Rastogi claimed this was the address of an International multi- million dollar firm but it was actually an elderly lady's home
At the end of the mammoth trial, which cost the taxpayer at least £10million, the three men were found guilty of an international conspiracy to defraud.
Rastogi followed in the footsteps of his older brother, Narendra, who is currently serving a seven- year sentence for fraud in the USA for founding an empire based on fake invoices from bogus businesses.
Creditors at financial institutions, such as German-based West LB and General Motors, were told RBG Resources gave their customers unusually long 180-day 'credit windows' before having to pay up.
The fraudsters ware granted massive loans to cover them in the interim period and RBG borrowed half its annual 'turnover.'
Rastogi, once on 'Britain's Asian Rich List', convinced the financial world of his credibility by insisting on having internationally renowned firm Pricewaterhouse Cooper as his auditors.
When RBG collapsed in May 2002, investigators struggled to trace the metal-trading customers and those that were found consisted of 'low rent local trade operations.'
The corporation unravelled when PriceWaterhouse Coopers resigned in the middle of an annual audit in 2001.
Suspicions had been raised after a number of documents purporting to be sent from six different companies all over the world were all sent from the same fax machine in Hong Kong.
Other documents appeared to be 'warm from the printer.'
The collapse of Rastogi's firm, based at 105 Piccadilly, followed the end of sister company Allied Deals based in the USA.
Allied Deals was headed by Narendra Rastogi and was built entirely built on fraud, with 95 per cent of its trading between 1996 and 2002 completely fabricated.
The discovery of this fraud lead to the conviction of Narendra and various other members of staff.
Article Source
3 Top Internet Marketing Strategies Through Affiliate Programs
Marketers can become ridiculously attached to their own ideas and products. When this happens, it is often to the detriment of the company. Remember, everyone needs help, and no one can accomplish everything on their own. That is why affiliate programs can be so useful to the Internet businessmen who choose to use them and SEO Marketing Services that used them to boost popularity.
It can be really difficult to suddenly burst onto the online scene by simply loudly announcing your new product or service. In fact, no one cares. That is the hard truth, but it is one that entrepreneurs have to accept if they want to be successful at Internet marketing. You can save yourself a whole lot of time and money if you look for some quality affiliate programs and put all your marketing energies into marketing these affiliate programs. All the statistics say that your web visibility will skyrocket if you pursue this plan.
While many online entrepreneurs stand on their soapboxes and denounce the use of affiliate programs, the truth is that you can strike gold by using affiliate programs. In fact, many companies have earned a ridiculous amount of money by using these programs.
Supply-Chain Economics
If you think about it, the process of utilizing affiliate programs is very similar to the idea of buying franchises. Businessmen who buy existing successful franchises easily inherit the success of the franchise that they just bought.
Buying into affiliate programs is the online version of buying into franchises. Except, online, when you join an affiliate program, it's free! You're not required to pay the affiliate program huge sums of money, like you would have to if you were buying into a franchise offline. Many businesses have had success by buying into the http://ebay.com affiliate program. In fact, a whole slew of businesses have opened that bid, sell and purchase on ebay for their customers!
Experience Is The Best Teacher
Remember, many entrepreneurs learn valuable lessons from buying into existing successful franchises. First of all, you can learn about what makes a franchise successful. This way you can observe the inner workings of the business in order to apply these principles to your own business. Also, when you inherit an existing business, you can make a lot of easy money. This money can help to construct your business.
You can apply this philosophy to the process of joining affiliate programs online. If you can plant yourself inside an Internet business that has been garnering a lot of revenue, then you can acquire the tools that this company uses in order to apply them to your company. Also, Internet marketing requires a whole lot of study, and if this affiliate program is successful, then it obviously has a good marketing program. You can learn the most valuable lessons from this.
All you have to do is look at the stats. They say that affiliate programs generate huge amounts of revenue for the companies that choose to join them.
Internet Marketing Connections
People investigate the products that they buy. For some reason, people are more likely to buy a product if someone refers that product to them. This is a strange phenomenon, an ontological phenomenon that occurs. Marketers have known about it for years.
It's one of the reasons why businesses like Apple have taken off so quickly. People recommended Apple computers to their friends, who in turn bought the computers.
If you think about it, the affiliate program is a great way of "referring" people to your business. By joining an affiliate program, you create a valuable link between your website and the website of an established online business. If you are using a SEO marketing services firm ask them to incorporate Affiliate program into the mix.
Article Source
It can be really difficult to suddenly burst onto the online scene by simply loudly announcing your new product or service. In fact, no one cares. That is the hard truth, but it is one that entrepreneurs have to accept if they want to be successful at Internet marketing. You can save yourself a whole lot of time and money if you look for some quality affiliate programs and put all your marketing energies into marketing these affiliate programs. All the statistics say that your web visibility will skyrocket if you pursue this plan.
While many online entrepreneurs stand on their soapboxes and denounce the use of affiliate programs, the truth is that you can strike gold by using affiliate programs. In fact, many companies have earned a ridiculous amount of money by using these programs.
Supply-Chain Economics
If you think about it, the process of utilizing affiliate programs is very similar to the idea of buying franchises. Businessmen who buy existing successful franchises easily inherit the success of the franchise that they just bought.
Buying into affiliate programs is the online version of buying into franchises. Except, online, when you join an affiliate program, it's free! You're not required to pay the affiliate program huge sums of money, like you would have to if you were buying into a franchise offline. Many businesses have had success by buying into the http://ebay.com affiliate program. In fact, a whole slew of businesses have opened that bid, sell and purchase on ebay for their customers!
Experience Is The Best Teacher
Remember, many entrepreneurs learn valuable lessons from buying into existing successful franchises. First of all, you can learn about what makes a franchise successful. This way you can observe the inner workings of the business in order to apply these principles to your own business. Also, when you inherit an existing business, you can make a lot of easy money. This money can help to construct your business.
You can apply this philosophy to the process of joining affiliate programs online. If you can plant yourself inside an Internet business that has been garnering a lot of revenue, then you can acquire the tools that this company uses in order to apply them to your company. Also, Internet marketing requires a whole lot of study, and if this affiliate program is successful, then it obviously has a good marketing program. You can learn the most valuable lessons from this.
All you have to do is look at the stats. They say that affiliate programs generate huge amounts of revenue for the companies that choose to join them.
Internet Marketing Connections
People investigate the products that they buy. For some reason, people are more likely to buy a product if someone refers that product to them. This is a strange phenomenon, an ontological phenomenon that occurs. Marketers have known about it for years.
It's one of the reasons why businesses like Apple have taken off so quickly. People recommended Apple computers to their friends, who in turn bought the computers.
If you think about it, the affiliate program is a great way of "referring" people to your business. By joining an affiliate program, you create a valuable link between your website and the website of an established online business. If you are using a SEO marketing services firm ask them to incorporate Affiliate program into the mix.
Article Source
Article Submission Attracts Website Traffic
Ever wonder how it would be like to get hundreds of links pointing towards your website and other several hundreds over time, at a simple click of your mouse? Articles submission offers everything stated above and it is becoming one of the main search engine optimization (or SEO) and internet traffic attraction methods of today. If you've decided on using articles submission to promote your website and increase its search engine rank, you have two options available: article submission software programs and article submission websites.
The difference between the two methods isn't that big, but each may appeal to certain webmasters. For example, webmasters that want total control over their articles, want to customize their settings to the last detail and modify the way the articles submission works, will probably go for the installable software programs. Others will be slightly hindered by the installation process and constant management needed by a software program and will choose to use the services of an articles submission website with a software program running on its servers, which would have the same basic advantages, but with an easier-to-use interface.
Let's take a look on how exactly article submission increases your website's internet traffic and optimizes it for search engines.
When you submit an article to an E-zine or article directory and it gets posted on that respective site, you automatically get a link pointing towards your own URL. Google, Yahoo Search, MSN Search and other similar engines use incoming links to calculate the rank of a site, so the more links there are on the Internet pointing towards your site, the better the chances for it to rank higher on the next search engine update. Obviously, a single link won't make a big difference, and here is where articles submission software programs and websites come into play. You will be able to submit hundreds of articles which could translate into thousands of links. These new links WILL make a difference to your website traffic and website popularity, and will also generate additional business via your site.
The process explained above is equally beneficial for SEO and internet traffic attraction. Getting a lot of links on an E-zine will make it possible for that E-zine's readers to click through the resource box of your article and end up on your website. If you have dozens of articles submitted to hundreds of E-zines, you can imagine the amount of daily internet traffic that your website will get. This is how you obtain higher internet traffic through articles submission.
Article Source
The difference between the two methods isn't that big, but each may appeal to certain webmasters. For example, webmasters that want total control over their articles, want to customize their settings to the last detail and modify the way the articles submission works, will probably go for the installable software programs. Others will be slightly hindered by the installation process and constant management needed by a software program and will choose to use the services of an articles submission website with a software program running on its servers, which would have the same basic advantages, but with an easier-to-use interface.
Let's take a look on how exactly article submission increases your website's internet traffic and optimizes it for search engines.
When you submit an article to an E-zine or article directory and it gets posted on that respective site, you automatically get a link pointing towards your own URL. Google, Yahoo Search, MSN Search and other similar engines use incoming links to calculate the rank of a site, so the more links there are on the Internet pointing towards your site, the better the chances for it to rank higher on the next search engine update. Obviously, a single link won't make a big difference, and here is where articles submission software programs and websites come into play. You will be able to submit hundreds of articles which could translate into thousands of links. These new links WILL make a difference to your website traffic and website popularity, and will also generate additional business via your site.
The process explained above is equally beneficial for SEO and internet traffic attraction. Getting a lot of links on an E-zine will make it possible for that E-zine's readers to click through the resource box of your article and end up on your website. If you have dozens of articles submitted to hundreds of E-zines, you can imagine the amount of daily internet traffic that your website will get. This is how you obtain higher internet traffic through articles submission.
Article Source
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