The e-commerce industry is growing at a rapid pace and it has become an integral part of our lives. The eCommerce business and industry is growing faster than any other sector in the world. There are more than 2 billion internet users globally, with the number expected to increase by 30% over the next five years. With this growth, online retailers will account for more than 35% of all retail sales by 2025. One of the biggest reasons that people are [...]
The Lay of the Land In the world of so-called global citizens, one of the key considerations is to have a second passport. The saying goes that you had no choice about where you were born, but you can certainly choose where you are going to live. This is particularly so when it comes to high net worth individuals. That category breaks down into: billionaires, centa-millionaires ($ 100 M+), ultra high net worth individuals (30M+) and high net worth individuals [...]
After you’ve evaluated your online store idea and have a plan for product sourcing, it’s highly recommended that you research any restrictions and regulations that may affect you when opening an ecommerce store. Understanding these issues before you try to start selling online will help you plan wisely and save you time, energy, and money. Many of these issues are just part of the cost of selling products on the internet, but some may come as a surprise. Knowing about them ahead [...]
Those of us who ran businesses during 9/11 or the 2008 economic downturn have had almost a decade to forget the traumatic effect a sudden, global recession can have on a company. In a rapidly evolving situation like we’re facing with COVID-19, it’s almost impossible to balance what’s best for your company, protect your employees, and still deliver a great experience to customers amidst the chaos. For the last two weeks, we’ve been facing unprecedented stay-home orders that have [...]
While online shopping may benefit in the short term, supply chain issues and uncertain consumer demand could dampen the e-commerce outlook. The assumption that Coronavirus, social distancing and staying home will boost e-commerce is widely held among digital marketing experts. However, early findings suggest the reality will be somewhat more complicated. Early evidence of increased online sales. Preliminary data from Quantum Metric show that e-commerce associated with selected “Brick and Mortar retailers … saw an average revenue weekly growth rate increase of 52% [...]
While most associate blockchain technology with the volatile nature of Bitcoin and other cryptocurrencies, large corporations are making massive investments towards applying the technology to their businesses. Several large companies are leading the charge in leveraging the multitude of benefits that lie beyond crypto. Within just the last few years, industries from insurance to finance, social media to local government, and everything in between have found ways to utilize the power behind blockchain! Here are the 5 ways that businesses are [...]
When will machines be more intelligent that us? How is AI helpful? There are so many questions and so much misunderstanding around artificial intelligence. The following article gives a comprehensive explanation of AI and related concepts. Hollywood movies and science fiction novels have caused many to fear the rise of machines resulting from the overdevelopment of artificial intelligence. Elon Musk says, that AI is our biggest existential threat. Stephen Hawking fears that machines can become Earth’s dominant life form and replace humans. Mark Zuckerberg defends artificial [...]
Computer security news is usually pretty dismal, from malware crippling the web to ransomware taking down hospitals. But the web is getting safer in an important way. Today the average volume of encrypted internet traffic finally surpassed the average volume of unencrypted traffic, according to Mozilla, the company behind the popular Firefox web browser. That means when you visit a website, you’re now more likely than not to see a little green lock right next to its address. That little [...]
The total cross-border market of European-owned marketplaces represents a turnover of 9 billion euros. This corresponds to a fifth of what’s generated by all cross-border marketplaces in Europe, with Amazon generating 28 billion euros. Here’s the top 20. Amazon is the biggest marketplace in Europe, but when we look at just the European-owned marketplaces, Zalando is number one. The top five is dominated by UK players, as Fruugo, Asos and Farfetch take up the second, third and fourth place. The top five is [...]
Scraping data from a website likely doesn’t violate anti-hacking laws as long as the data is public, a US court has concluded. Yesterday, the Ninth Circuit Court of Appeals said LinkedIn probably couldn’t tell an analytics company to stop pulling profile information from its platform. LinkedIn had sent the company, HiQ, a cease-and-desist letter — which has been enough to declare companies “unauthorized” in earlier cases. Here, however, the court ruled that LinkedIn couldn’t use anti-hacking rules to control [...]
