We live in a time when people, especially the young, are becoming increasingly conscious about the products and services they consume. According to Deloitte Insights (2018), 86 percent of millennials believe that success for a business is more than just financial. It means that they are more interested in ventures, businesses, and startups that, instead of simply making money, are …
Shoe wear is part of your personality. It somehow reflects the taste of the person wearing it. A comfortable pair of your favorite brand will have a refreshing impact on your mood. Some people prefer comfort and style, while others prefer durability and pricing. There is no fixed criterion when it comes to choosing the right pair of shoes. In …
When people decide they want to start a business, the majority of them believe that they’ll launch a product and customers will follow. When that doesn’t happen, they keep changing things and spending money, time, and resources; hoping something will go right. It is not then surprising that 9 out of 10 (90%) startups fail. Simply put, many startup owners …
The rising global inflation and consumer prices have affected even first-world countries. So, naturally, people looking for employment are more anxious than ever to have a secure career and future in these turbulent times. Moreover, the advent of remote work has made the world smaller, and now people from one continent can be employed in a different continent and provide …
Following the popularization of the internet, the retail and wholesale landscape has seen significant changes. One of those changes is the rapid rise of the E-commerce industry. eCommerce giants like Amazon and Alibaba are valued at billions of dollars, indicating that E-commerce is the future of trade. Consumers, too, are shifting more and more towards buying online because of how …
We live in a world that is developing at a pace not witnessed by our forefathers. The modern world has shrunk the space for traditional businesses because modern problems require modern solutions. Entrepreneurs are the ones who propose modern solutions by taking the risk of propelling new ideas and making profits out of them. So, the society in which we …
The BPO (Business Process Outsourcing) is a $245.9 billion industry (2021). The practice of outsourcing business tasks to BPO firms has risen rapidly in the past decade. It is a practice that has proven to: Cut costs, Improve efficiency, Bring scalability, Beat the competition, Improve business outcomes. Most organizations, whether they are enterprises or start-ups, use BPO services in one …
Entrepreneurs are innovators who modernize human civilization and bring life-changing products and services to the people. Moreover, global interest in entrepreneurship has grown rapidly over the past decade. According to Global Entrepreneurship Monitor 2018/2019 report, 62% of people believe entrepreneurship is a good career. If you are someone looking for a career in entrepreneurship, there can be no better time …
Effective communication among employees and with the customers is of utmost importance for an organization. Here are some statistics that reflect the importance of internal and external communication. Firstly, more than 80% of Americans believe that employee communication is key in developing trust in their employers. From a customer’s perspective, 68% of customers are more likely to buy from a …
Digital marketing through influencers is the most sought-after strategy to scale businesses, but do you know why? Well, for every $1 spent on influencers, the brands earn up to $5.78 in return. The influencers have revolutionized the horizon with which businesses market themselves. But along with it, many complexities have also emerged. For instance, influencers work in their specific niches, …
