The difference between internet brokerage and traditional brokerage

1, according to the law of two or eight in the financial industry, traditional brokerage firms will pay more attention to take 20% of the users, which is the source of the bank's vip user service, while the Internet brokerage firms care about the 80% of the secondary customers, the two business models are different;

2, the Internet brokerage firms pay attention to the service system is free of charge, reducing the cost of commission, attracting a large number of customers, while the traditional brokerage firms But it is more concerned about the high-quality customer market.

These two points are the difference between Internet brokerage and traditional brokerage.

The law of two-eight refers to the fact that in any group of things, events, or people, the most important are often 20% of them, only a small part, and the other 80% are unimportant or secondary. This law was discovered by the Italian economist Pareto in 1897 when he observed the wealth patterns of the British, the distribution of wealth of the population is not balanced, and most of the wealth of the society goes to the minority, and this relationship is also confirmed in Pareto's investigations in other countries, this theory is widely used in economics and management.