Category: Business

Posted in Business

5 Stocks to Make the Most of Growing Technology Dependence

New coronavirus cases in the United States crossed the 50,000 mark on Jul 1, once again raising fear in millions. Fresh coronavirus cases have been on the rise since the economy started reopening and now experts claim that the numbers could further rise in the days to come.

Fears of a second wave of coronavirus are looming already and it won’t come as a surprise if people once again start staying at home. Two months of at-home orders following the coronavirus outbreak have changed the way lives were led in the pre-COVID-19 era. With no signs of the virus receding, life has become a lot more technology dependent and in all likelihood will remain so.

New COVID-19 Cases Hit Record High

On Jul 1, United States recorded a whopping 52,000 new COVOD-19 cases, according to a Johns Hopkins University tally. Several states also imposed 14-day quarantines on visitors in the

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Posted in Business

Sellfy is turn-key Ecommerce for creators who want online sales fast and hassle-free

TLDR: Sellify offers an ecommerce website that’s available in 5 minutes and all the infrastructure to start selling and shipping all of your digital and physical products with ease.

Creators create. It’s right there in the word. It’s what they do. Whether they’re creating an ebook, music, a video or even a physical product, the time and attention of a creator often wants to be focused on that creative muse. It’s that same drive that likely kickstarted the whole project in the first place.

What they don’t want is to get bogged down with the minutia and tech issues often involved with ultimately selling their product online. That’s the business stuff — and it often holds significantly less appeal. Beyond getting paid, of course.

For nearly a decade, Sellfy has flown the flag for the digital creator, offering turn-key online sales solutions for artists and entrepreneurs who don’t want to

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Posted in Business

Fake reviews should stay online, researchers say. I’m not so sure

Perhaps it was inevitable that in this strange era of “alternative facts” and fake claims of “fake news,” someone would make the case for why bogus online reviews are a good thing.

Still, that anyone would make such an argument is jarring, especially when it comes from scholars writing in an academic journal.

The study is titled, “A Tangled Web: Should Online Review Portals Display Fraudulent Reviews?” It was published recently in the journal Information Systems Research.

The key finding, says Beibei Li, an associate professor of information technology and management at Carnegie Mellon University, is that consumers place greater trust in websites “that display fraudulent reviews alongside nonfraudulent reviews.”

Which is to say, the presence of fake reviews enhances the value of honest reviews.

To which I and perhaps many others respond, “Huh?”

“At first, we also thought it was crazy that people would want to see the dark

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Posted in Business

Just 8% of colleges are keeping classes online this fall, but more may join them as coronavirus outbreaks surge. Here’s the list so far.

A graduate gets ready to pose for a picture at the empty campus of San Diego State University, after the California State University system announced the fall 2020 semester will be online, May 13, 2020.
A graduate gets ready to pose for a picture at the empty campus of San Diego State University, after the California State University system announced the fall 2020 semester will be online, May 13, 2020.

Mike Blake/Reuters

After a semester of remote courses and online graduations, some colleges and universities are deciding not to return for in-person classes this fall.

California State University, the largest four-year public university system in the US, has cancelled in-person classes for the fall semester at all 23 of its campuses. Instead, classes will take place almost exclusively online, Chancellor Timothy White announced in May.

“Our university, when open without restrictions and fully in person… is a place where over 500,000 people come together in close and vibrant proximity,” White said at the meeting, according to the Los Angeles Times. “That approach sadly just isn’t in the cards now.”

Six of Harvard’s graduate and professional

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Posted in Business

Online Marketplaces, Retailers Must Adapt To Higher Postal Rates

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. 

Retailers, direct-to-consumer brands, marketplaces and marketplace sellers riding the lockdown-induced boom in cross-border e-commerce sales are going to get a massive wake-up call Wednesday as global postal rates into the U.S. start to soar as much as 150% or more.

The Universal Postal Union’s (UPU) decision to allow the U.S. to set its own inbound postage rates — and, in doing so, create a more even playing field for international postal rates which have been intrinsically locked in the past — is a turning point for a cross-border market forecast to rise to $627 billion by 2022, or 20% of e-commerce as a whole.   

For the Trump administration, the UPU’s stand-down is a triumph that ends a market distortion. China’s UPU status as a “developing” country meant it

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Posted in Business

Four Ways Small Businesses Can Cuts Costs

While running a business is often a juggling act of different roles and tasks, the one constant is the job of managing the capital used to fund it all. Regardless of what larger social or economic issues might be at play at any given time, effectively managing your business’s expenses and investments is the best way to ensure that it can continue to grow and evolve in the future.

While there are a number of items that business owners monitor in order to more effectively allocate their capital, what follows are four areas that any business can target to cut unnecessary or wasteful spending.

Manage Resources Strategically

At its core, owning and operating a small business is about managing resources. From the talent on staff to the equipment and materials used in production, business owners are trained to make sure all of their resources are allocated optimally.

Of course, after

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Posted in Business

Online orders soar for Sainsbury’s

Sainsbury's store
Sainsbury’s store

Shoppers flocked to Sainsbury’s website during the lockdown amid a scramble to avoid the high street.

Online sales more than doubled during the crisis as the supermarket increased its delivery slots from 370,000 to 650,000 a week and beefed up its click-and-collect service. These now account for 17pc of Sainsbury’s food business – up from 7pc last year. 

Simon Roberts, who was promoted to chief executive in January and took over from Mike Coupe last month, said the supermarket chain has changed fundamentally during the pandemic.

Speaking to journalists for the first time, he said: “It certainly has been a different four weeks than what I was expecting when I was appointed in January.”

Like-for-like sales which strip out the impact of new stores rose 8.2pc during the 16 weeks to June 27, with the warm weather also helping.

However, Mr Roberts said that sales are unlikely to

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Posted in Business

How 1 store wants to make buying face masks fun

With coronavirus cases continuing to increase across the country, this one mall store wants to help by dedicating its shelves to personal protective equipment for adults and kids.

Shield Pals, which sells PPE like cloth masks, face shields, hand sanitizer and gowns, opened on June 27 at The Mall of Columbia in Columbia, Maryland, in a retail space formerly occupied by an Apple store.

Download the TODAY app for the latest coverage on the coronavirus outbreak.

“We wanted people to be able to look at the masks, and touch and feel them because so much of (mask buying) has been online that you don’t always know what you’re getting,” co-founder Chris McCormick told TODAY Style. “We just want to help people feel more comfortable about shopping and being out in public while staying safe.”

The store is believed to be the first retail PPE-only store in a U.S. mall, a

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Posted in Business

Find & Support Black-Owned Businesses With These Apps & Websites

Following the police killing of George Floyd in May, protests have broken out across the country. We encourage everyone to join the fight by marching in local protests, signing online petitions, donating, and calling your elected officials, but there’s another way to fight systemic racial inequality, and that’s by putting your money where your mouth is. Make a commitment to support Black-owned businesses in your area.

Right now, Twitter users are asking their friends and followers to share their own or their favorite Black-owned businesses. While sifting through social media responses is one way to find spots to support, there are a lot of tweets containing the phrase “Black-owned businesses.” So if you’re looking to find a Black-owned business quickly — perhaps in time for take-out dinner tonight — there are also many useful resources online and in the app store that can help.

Ahead are top-ranking websites

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Posted in Business

The best virtual escape rooms to play online with friends

iStock
iStock

We could all do with a bit of escapism from reality at the minute, as lockdown continues in the UK.

Escape rooms are very popular with groups who love a challenge, but due to the coronavirus outbreak, all of them in the UK have closed their doors for the foreseeable.

But during lockdown, escape rooms have come online instead to make socialising with your friends adrenaline-pumping.

Other games have become popular too while we spend more time at home. If you need some inspiration, we’ve rounded up the best apps that you can play games on with friends and family here.

As with physical escape rooms, the mission is as the name suggests – to escape the room – through a series of problem-solving missions and teamwork. Here are a few of our favourites.

You can trust our independent round-ups. We may earn commission from some of the retailers,

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