Preparing E-Commerce for the Post-COVID Bounce Back

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Posted by MrLukeCarthy COVID-19 has switched up life as we know it, and it’s unlikely to stop doing so for some time. E-commerce shopping is a perfect example of how things have changed, and in a number of ways. If you feel like Shopify has been dropping huge, disruptive news bombs practically each week now, you’re right! And who’d have guessed that in the UK, the exclusively online supermarket, Ocado, is now worth more than brick-and-mortar grocers Morrisons, Sainsbury's, and Marks and Spencer combined. The speed of transformation in e-commerce since the COVID-19 outbreak (an already fast-paced industry) has been savage. Supply chains are under strain for many brands selling online (especially where demand is high and supplies are low). How do you best manage expectations and maximize every opportunity to sell to your target audience? With your consumers now relying on the world of online shopping more than ever, …

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These Are The Top Ten Convertible Mutual Funds

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Investing in hybrid securities is one of the best ways to earn returns and lower the risk profile of a portfolio. Within hybrid securities, convertible funds are the most popular among investors. Such funds give investors the benefit of investing in stock with the safety of bonds. These convertible funds usually invest in convertible bonds […]

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Best Employee Retirement Plans

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Disclosure: This content is reader-supported, which means if you click on some of our links that we may earn a commission. Starting an employee retirement plan is not too hard or expensive, even for small businesses. Plus, these programs offer tax advantages to both the employees and the company, which leave more money in everyone’s account. Offering such benefits is a great way to attract qualified candidates and gives your top talent a huge reason to stay. The sooner you start the better. First, I’ll walk you through the different types of employee retirement plans available. There are more than just 401(k) plans helping people save for post-career life, including some types that are specifically made for small businesses. Then we’ll take a look at what to consider as you decide on which provider you want to manage your employee retirement plan. There’s a little bit to know, sure, but …

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The Good and Bad of Deadstock Products for E-commerce

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E-commerce retailers face many obstacles in the realm of online business. A common yet persistent issue is deadstock products. The accumulation of deadstock inventory can drive up operational and warehouse costs. As more products enter the warehouse, the cost of storing unsold items can drain the valuable financial resources of your business. What’s more, seasonal trends and products make it difficult to eliminate deadstock products completely. How to solve this problem? This article explains how to avoid deadstock and how to get rid of it when it piles up in your warehouse. Let’s start with the definition for deadstock first. What Does Deadstock Mean? Deadstock is synonymous with dead inventory. These are items that haven’t been sold and are very unlikely to sell. If you don’t use an inventory management system, these goods likely pile up and remain forgotten in your warehouse. An alternative definition of “deadstock” refers to goods …

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What The Coronavirus (COVID-19) Means For Marketers

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By now you have heard about the Coronavirus . The sad reality is that it is spreading quickly and will continue to spread for a while. Did you know that we are getting roughly 15,000 new cases a day and it’s growing fast ? No one really knows how many people will be infected (or will pass away sadly), but it has caused the global stock markets to crash, which means as a business (or even a marketer), you will be affected. And because my ad agency works with hundreds of companies in all the major sectors and we have 7 offices around the world, we are already starting to see how it is impacting marketing (I’ll share the data below). So what does this mean for you? Well, before I go into that, let me be clear on what marketers should NOT do. Don’t exploit the situation The first …

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Preparing E-Commerce for the Post-COVID Bounce Back

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Posted by MrLukeCarthy COVID-19 has switched up life as we know it, and it’s unlikely to stop doing so for some time. E-commerce shopping is a perfect example of how things have changed, and in a number of ways. If you feel like Shopify has been dropping huge, disruptive news bombs practically each week now, you’re right! And who’d have guessed that in the UK, the exclusively online supermarket, Ocado, is now worth more than brick-and-mortar grocers Morrisons, Sainsbury's, and Marks and Spencer combined. The speed of transformation in e-commerce since the COVID-19 outbreak (an already fast-paced industry) has been savage. Supply chains are under strain for many brands selling online (especially where demand is high and supplies are low). How do you best manage expectations and maximize every opportunity to sell to your target audience? With your consumers now relying on the world of online shopping more than ever, …

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Editor’s Pick: I recommend this face mask to everyone

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The Vistaprint face mask is comfortable, washable, and has perfectly fitted filters that you can stock up on. A few months ago, like everyone in the Northeast, I found myself searching blindly online for a suitable face mask. Though companies from Everlane to the Gap to Adidas are now offering their own styles, initially the pickings were slim—especially if you wanted something soon. On a whim, I took the advice from another Fast Company article and ordered five masks for myself and my family from Vistaprint (a seemingly random conference swag company). Now we’re well into our new normal and masks abound, but I still find myself opting for my Vistaprint mask over everything else. Read Full Story

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Stock market crash sparks anxiety over retirement accounts, but try not to panic

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We are in uncharted territory, but don’t panic. Feeling freaked out by the markets? We are in uncharted territory, mostly because COVID-19 is shuttering businesses and quarantining their customers around the world. Until those companies and customers return to business, things will be scary. (That’s probably why “401k” was trending on Twitter earlier this week.) If you planned to cash out your retirement funds or 401(k) in the next five years, it’s nail-biting to watch the market charts right now. Read Full Story

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