Amazon triggered the modern ecommerce era in early 2000 with Amazon Prime membership online shopping. Prime got worldwide attention in 2005, offering fast and free deliveries in many locations. Eventually, online shopping sites became very popular, with many traditional businesses opening shops on the world wide web. It was clear that you needed to be seen online to get more attention, grow…
A report by Research and Market forecasts that the global chatbot market will grow at a CAGR of around 25% between 2021 and 2026. Moreover, Insider Intelligence predicts that by 2024 consumer retail spend via chatbots will boom to $142 billion—up from just $2.8 billion in 2019. This goes to show that the adoption of chatbots across industries is rapid, thanks to…
When it comes to physical products and consumer goods, packaging design plays a key role in grabbing attention and getting people to make a purchase decision. And while well-designed packaging often looks very simple, it requires a lot of energy and creative effort on the front end. The Role of Packaging You can think of packaging as your brand’s curb appeal. It…
Do you want to start your own business, but you just don’t know where to begin? Perhaps you’re worried about the risks that can come with being a small business owner, and you’re looking for a way to ensure a secure, successful business journey? Through franchising, you can start running your own business under a brand and business model that is already…
The essential functioning of our society depends in great part on the laws that regulate the behavior of everyone. At the same time, laws can become extremely complex and require the help of specialists. That is where lawyers come in. Did you know that there are more than 800,000 lawyers just in the United States? With so many lawyers and the country,…
In business and finance, the word equity describes the value of ownership in an asset or business. Equity is the measure of the owner’s share in a business and is often represented through the stocks issued by the business. A company’s capital is made up of the two most important components: equity and debt. Debt includes the loans, preferred stock issued, and…
There are many types of business consultants and just about every business there is will want the services of an experienced, qualified business consultant. A business consultant’s job is to assist the business in having a good business plan and to achieve its goals of becoming more profitable. Businesses are there to make a profit. If your business is sluggish and seems…
These days, an enterprise without strong data analytics is an enterprise that’s set up to fail. In a technological world ruled by data science and big data, relying on legacy systems and traditional means to analyze large data pools just isn’t enough. Robust analytics are a required element of a successful digital transformation and any organization that wants to stay relevant and…
There are some common mistakes about starting your business that can be intimidating, exciting, and give you an adrenaline rush. The surreal moment when you decide to go out on a limb and put your foot down to take the big step can sometimes also be overwhelming. Often, beginners get anxious and confused in this chaotic scheme of things and miss a…
While digital advertising techniques are making way to every corner and crevice to talk about various products and services, you cannot ignore the most valuable forms of advertisement and one of the most prominent among them is the outdoor banner. Even if your business makes the most of the digital mode of advertisement, you can rely on the outdoor banners with blinded…
With the advent of information technology and the current buzz of digitalization, many people have started questioning wholesale distribution – its place in the supply chain. Surely, if one was to eliminate the distributors and go straight to the manufacturers for their product, they would get a good deal. This thought process has led to the idea of completely eliminating wholesale distributors…
From computers to backup generators, odds are a good many different types of equipment and technology play critical roles in your business’s day-to-day operations. It can be easy to forget how essential their roles maybe when your equipment is functioning properly. However, when it stops working, even for a few hours, you’ll quickly remember why it’s important to ensure your business doesn’t…
The world has become more and more competitive giving rise to many new degrees and professions. However, the one that has remained at the top for employers when considering hiring graduates is MBA or Masters in Business Administration. Although MBA is an old degree, many would call it redundant, there is more to it than what you may have heard. If you’re…
At some point in our lives, we all have seen one or two episodes of MrBeast on YouTube, and even those who haven’t seen them at least know about MrBeast. This popular YouTube channel is known for hosting random, fun, and bizarre challenges where the winner gets hundreds of dollars. Other types of content you will see on the MrBeast channel include…
One of the main causes of work-related stress is, quite simply, the workplace. Feeling pressure at work and dealing with financial problems can have a negative impact on your mental health. Because you are stressed, the problem can snowball, as symptoms include difficulty concentrating, struggling to make decisions, feeling overwhelmed, constant worry, and being forgetful. As a business owner, not only do…
If you want to start your own business but would rather go with a tried-and-tested model compared to starting the company from the ground up, a franchise could be the ideal alternative for you. Franchises provide you with a ready-made business model that has already been proven to work well, and the franchisor will be there to help you with the guidance…
Is your payroll process working for you? A smooth-running payroll is vital to your business. It takes a lot of time and effort to keep things running each month. But many companies aren’t aware of the benefits that outsourcing payroll can bring. We are here to help. Read on for our guide to outsourcing payroll right here. 1. Better Security With all…
Consider this scenario. A customer walks into your store. They talk with your sales staff. After half an hour, they are already shouting expletives, pointing fingers at your employees. Another customer walks in. They wield their smartphone on the ongoing scene. They post the video on Facebook Live. The whole thing goes viral. Sure, that will give your business media exposure. But…
If you are a business owner, you should make sure you’re fully clued up on risk management. Every single business takes risks. and it’s crucial to prepare for how to deal with an issue if something goes wrong at your company. Here are five things every business owner should know about risk management. 1. Identifying Risk The main purpose of a risk…
Financial instrument trading unites numerous people across the globe. There are various types of securities and movements you can trade, and leverage price movements to make a considerable profit. Read on to learn more about financial instruments and what to consider before trading them. Understanding Financial Instruments Financial instruments are financial contracts between two groups that can be exchanged and settled. The…
Security cameras are not a luxury anymore. They have become a necessity in today’s world. They provide an extra layer of protection to our home from burglars and thieves. But what if you don’t like big security cameras but want to record whatever happens in your home, then what would you do? The solution is a spy camera. They are small, concealed,…
The COVID-19 pandemic has been a key factor in driving rapid digitalization. With an increased online presence, brands have to redefine their customer service. Customer experience is the key to the growth of any business. The way a brand interacts with customers online can make or break its reputation. The internet has provided another avenue for brand building and interacting with customers…
Hot on the heels of the successful Hong Kong Stock Exchange initial public offering of JD Health – the subsidiary of Richard Liu’s e-commerce giant JD.com – are rumors that the logistics arm of the company will soon see its own stock market debut. People are calling it well-poised for potential IPO. Although yet to be confirmed, there have been rumblings of…
The Japanese at one point was considered to be the most innovative nation in the world, hence the name rising sun. A country that was almost eradicated rose to new heights through hard work, dedication, and commitment to continue Japan’s legacy for the coming generations. However, in recent decades, Japan has not done well in terms of spectacular innovation. This writing is…
