SmartSites, a digital marketing agency in New Jersey, lands a spot on the 2017 installment of the prestigious Inc. 5000 List of fastest growing companies in the United States.

PARAMUS, N.J., Aug. 17, 2017 /PRNewswire-iReach/ — Inc. Magazine has just revealed their annual Inc. 5000 List of fastest growing companies today, and has named SmartSites (www.smartsites.com) as one of the new debutantes in the 2017 rankings. SmartSites is ranked the 3860th fastest growing company in the nation. It is also ranked 112th on the list of New Jersey companies honored by the magazine.

Inc. 5000 2017 ranks privately held companies in the country according to percentage revenue growth between 2013 to 2016. To qualify, companies must meet minimum revenue requirements, as well as have generated revenue by March 31, 2013. This year’s list has been noted to be the most competitive throughout its 36 years of history, with companies featuring an average growth rate of 481%, and has collectively created more than 619,500 jobs in the past three years.

With $2.6 million in revenue, SmartSites has landed a spot on the prestigious list with a 3-year sales growth of 75.28%. SmartSites provides a wide range of digital marketing services for multiple industries, and has served a long list of clients from both Fortune 500 companies as well as local small businesses.

“SmartSites is extremely honored to be included on the Inc. 5000 2017, and extremely proud to makes its debut on the list. We are ecstatic that our team’s hard work has paid off, and this illustrious milestone will spur us on to achieve consistent and sustainable business growth in years to come,” said Alex Melen and Michael Melen, co-founders of SmartSites.

The NJ-based digital marketing agency will be honored with other companies named to the list at the Inc. 5000 Conference & Gala. The event will be held at JW Marriott Desert Springs Resort from October 10 to 12, 2017. Ticket details can be found at https://inc.swoogo.com/2017Inc5000Conference

About Inc. Media & Inc. 5000

Founded in 1979, Inc. Media is an award-winning brand that publishes monthly publications that are focused on growing companies in America. The company was acquired by Mansueto Ventures in 2005, and has won the National Magazine Award for General Excellence in both 2012 and 2014. Today, the magazine’s monthly audience reach is more than 13 million.

Considered as one of the most prestigious rankings and one of the most sought after distinguished editorial awards for businesses in the United States, Inc. 5000 is a list that showcases the 5000 fastest growing companies in the country. It was first started in 1982 as the Inc. 500 list, and was later expanded to the Inc. 5000 in 2007. Besides ranking companies on a revenue basis, companies are also ranked by metro area, industry, number of employees, and more.

About SmartSites

SmartSites, a prominent digital marketing agency in New Jersey, was founded in 2011 by two brothers, Alex Melen and Michael Melen, both industry leaders with Fortune 500 and Ivy League experience. Services provided by SmartSites include web design, SEO, PPC marketing, and more. The company is based at 45 Eisenhower Drive, Suite 520, Paramus, NJ 07652. To contact SmartSites, call (201) 870-6000 or fill up the form through the website at www.smartsites.com/contact

Original Source:

https://www.inc.com/profile/smartsites

Alex Melen attended NameSummit 2017 in New York City; the first digital branding conference attracted professionals from a wide range of industries.

Several important discussions during NameSummit 2017 were recorded, such as Creating Brand Equity Through Digital Marketing and about the holistic approach to maximize ROI for one’s clients.

In today’s video excerpt, Alex Melen, in a panel led by Braden Pollock, discusses how does one manage their allocated marketing budget.

A quick bio:

Alex Melen is an Award-Winning Serial Entrepreneur. He is the founder and CEO of web hosting company T35 Hosting and advertising agency SmartSites. Melen started T35 Hosting in 1999, growing it to over 600,000 clients by 2009. In 2011, Melen Co-Founded advertising agency SmartSites, which has since developed over 1,000 client websites and manages over $20M/yr in advertising spend. In 2017, SmartSites was featured in the Inc5000 as one of the fastest growing agencies in the U.S.

Alex has been featured in Top 100 Young Entrepreneurs, Babson College Business of the Year, BusinessWeek’s Top 25 Entrepreneurs under 25, Bloomberg, Forbes, NPR, Empact Top 100, Barack Obama’s Entrepreneurship Initiative & Inc Magazine.

Original Source:

https://domaingang.com/domain-news/namesummit-2017-video-determine-your-marketing-budget-with-alex-melen/

If you didn’t attend NameSummit 2017 in NYC, the first digital branding conference, you’ll have the opportunity to do so in 2018.

The gathering of two hundred professionals from the marketing, branding, domain and tech industries, allowed the free flow of ideas and knowledge, across several domains.

Yesterday, we covered the video of how to create brand equity through Digital Marketing, and today we present another video : The holistic approach to maximize ROI for one’s clients.

Panelists Alex Melen, Michael Suarez, Michael Mahler, and Roberto Blake were moderated by Braden Pollock, for a discussion with considerable substance.

The video below comes courtesy of Alex Melen.

If you missed out on the photos released from the event, check out photos from day 1 of NameSummit and photos from day 2 of the event.

Original Source:

https://domaingang.com/domain-news/namesummit-2017-video-holistic-approach-to-maximize-roi/

The next session featured another quintet – this one detailing a Marketing Strategy Holistic Approach for Clients to Maximize ROI. It featured (left to right – participating in a group photo at the end of their discussion) Moderator Braden Pollock(LegalBrandMarketing.com), Alex Melen (Co-Founder & CEO, Smart Sites), Roberto Blake(RobertoBlake.com), Michael Mahler (Senior Strategist, Ajax Union) and Michael Suarez(Senior Strategist, Ajax Union).

Original Source:

https://www.dnjournal.com/archive/lowdown/2017/dailyposts/20170808-2.htm

The white hot cryptocurrency Ethereum went on a wild ride on Wednesday, plummeting from around $320 to around 10 cents in a so-called “flash crash.” The price soon recovered but not before some investors took a terrible bath and some others made out like bandits.

Here’s what happened.

Ethereum, a popular new digital currency, trades on exchanges much like its older rival bitcoin. The most widely-used exchange, Coinbase-owned GDAX, operates like a traditional stock exchange, and lets traders buy stock on margin and place so-called “stop loss” orders—an automated instruction to sell if the price falls below a certain point.

As Adam White, the VP of GDAX, explained in a blog post, one investor placed a multi-million dollar Ethereum “sell” order at 12:30 p.m. on Wednesday. The size of the order caused the price of the currency, which is already volatile, to dip.

Things started to go really haywire, however, as the price dip triggered a series of stop loss orders.

“This slippage started a cascade of approximately 800 stop loss orders and margin funding liquidations, causing ETH to temporarily trade as low as $0.10,” White explained.

In other words, the computers executing the stop loss orders began to sell at all costs and, so long as there was someone on the other side to match the order, the trade went through—even if the price was totally irrational, and driven only by an algorithmic frenzy.

Get Data Sheet, Fortune’s technology newsletter

This is hardly the first time such a thing has happened, of course. The infamous “flash crash” of 2010 saw automated trading tied to ETFs drive stocks off a cliff, including those listed on indexes like the Dow Jones and the Nasdaq, before the share price recovered a few hours later.

The big difference with Wednesday’s Ethereum flash crash is that, unlike the events of 2010, GDX says it will not unwind the trades.

#GDAX (#Coinbase) will not reverse margin & limit trades that were caused by a 99% drop in #Etherium/#ETH yesterday https://t.co/EQuJaSWwR1 pic.twitter.com/DOGTnCnX2Q

— Alex Melen (@amelen) June 22, 2017

This is terrible news for those who sold Ethereum while the price was falling through the floor. It would be like seeing a computer sell of your Apple shares for $1 and not being able to do anything about it. Meanwhile, those who had put out “buy” orders to buy Ethereum if the price fell super-low would have made a killing.

Some seasoned traders on discussion forums like Hacker News basically shrugged at the news, and said such events are not uncommon in foreign exchange trading, and that those who placed the stop-loss orders should have known better. Others noted this just how markets work, and praised GDAX for how they handled it.

Others, however, are grumbling and calling for a class action suit against Coinbase. Meanwhile, some speculated that the Ethereum flash-crash came about because of an error or that a “whale” trader deliberately induced it in order to make money off the chaos.

Ethereum briefly crashed from $319 to 10 cents in seconds on one exchange after ‘multimillion…
One trader allegedly made over $1 million off of the ethereum flash crash.

Wednesday’s events are just the latest piece of news in a wild few months for Ethereum, and for cryptocurrency in general, as speculator interest in digital and blockchain-based assets is at an all-time high. As of Thursday morning, the price of one unit of Ethereum was $330, according to CoinDesk.

Original Source:

https://fortune.com/2017/06/22/ethereum-crash/