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Investor Relations - A Practical Guide - Investis

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Usability<br />

However good your content is, users will leave<br />

your website quickly and with a negative<br />

impression if the site suffers from poor usability.<br />

Good usability is the sum of many parts, including<br />

for example:<br />

• A user-centric design, with good colour contrast<br />

• A familiar, consistent navigation mechanism<br />

• Simple structure with well-labelled content sections<br />

• Homepage and landing pages with good<br />

signposting<br />

• Content pages that do not require too much<br />

scrolling<br />

• Archives that make it easy to find documents in<br />

a choice of formats<br />

• Orientation aids, like breadcrumb trails and<br />

related links<br />

• Fast page-load speeds<br />

• Good coding, to ensure accessibility for all users<br />

Functionality<br />

The web is an interactive environment and there<br />

are many useful tools you can provide to engage<br />

and help your website visitors. Think about your<br />

audience’s needs and how you can help them with<br />

those. Some examples of features and tools you<br />

might consider:<br />

• Basics: Search, site map and print-optimised pages<br />

• Data tools: Share price charting, KPI charting<br />

tools, calculators, analyst estimates<br />

• Maps and timelines: Interactive applications to<br />

explain history and geographic presence in an<br />

engaging way<br />

• Alerts and reminders: E-mail and calendar alerts,<br />

RSS news feeds<br />

Ongoing management<br />

How you are going to manage your site on an<br />

ongoing basis is as important a consideration as<br />

what to display in the first place. While some of<br />

the content should be ‘evergreen’, there will be<br />

plenty of content that needs regular checking and<br />

updating to ensure it remains consistent with the<br />

broader communications output.<br />

<strong>Investor</strong>s will notice quickly if content on a site is<br />

not current or key announcements are not updated<br />

simultaneously with market disclosure. They may<br />

not complain, but they will stop regarding your<br />

website as an authoritative source and you will<br />

have lost control of your message. So establish<br />

some governance rules for the website early on<br />

and get buy-in from management about the<br />

resources required and the responsibilities on an<br />

ongoing basis. In addition, you should consider<br />

periodically reviewing other quoted companies’<br />

websites to benchmark if your own website is as<br />

easy to use, informative and up-to-date as that of<br />

your competitors. Remember, investors, analysts<br />

and journalists who use company websites for<br />

their research will notice and may be influenced by<br />

such differences.<br />

Conclusion<br />

Websites are a critical part of the investor relations<br />

toolkit: an opportunity (and an obligation with<br />

respect to AIM companies under the AIM Rules<br />

for Companies) to reach the widest investor<br />

audience, to engage with them and to start building<br />

valuable relationships. The most important success<br />

factor is not the size of the budget you have, but<br />

the commitment you make to treat it as a<br />

communications platform. If you embrace it, you<br />

will be rewarded.<br />

Building the <strong>Investor</strong> <strong>Relations</strong> Programme 63

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