Wednesday, July 20, 2016

Service Exports USA: A Growth Opportunity Section 2 Part 5

Source Google

CREATING YOUR EXPORT PLAN

Export Readiness: Markets to Pursue

A quick recap

Profiled your business
Market Expansion: Benefits/Trade-offs
Industry analysis
Product analysis

Last week, we took a look at the most Penetrable Foreign Markets for your product. After defining and narrowing the search to the top three the week prior, we then examined those markets in detail. We also took an in depth look at the political risks and legalities of those markets and the Regulatory Compliance requirements.

Moving on to this week, we will take a look at tariffs and at which markets to pursue.

Tariffs are the taxes imposed on ...

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Image result for looking at foreign markets

Source Google

FOR MORE INFORMATION

Donald Trump has floated big tariffs. What could the impact be?

Where Hillary Clinton and Donald Trump Stand on Economic Issues

Monday, July 18, 2016

Google's Impact on the Global Economy by Michael Hendrix

Source Google

The impact of Google on the American economy underscores how the Internet can boost the American economy.

Google’s latest Economic Impact report finds the company contributing $165 billion of economic activity for 1.4 million businesses and non-profits in 2015, up from $131 billion in 2014. Ads and search lead to clicks, and some clicks lead to business.

The incremental revenue gained has a not insignificant impact on job creation as well.

The Missouri Star Quilt Company, for instance, is now the largest employer in its rural county. Its 250 employees “ship thousands of packages every day to customers around the world.” As Al Doan, its founder and CEO says, “The Internet let us build a business that's changed our town and changed our family.”

TO READ THE REST OF THE STORY

Related posts are listed on

the right side of this blog

FOR MORE INFORMATION

Google Economic Impact Report

The New Digital Economy

The Importance of the Digital Economy

Saturday, July 16, 2016

Navigating the On-Demand Economy

Source Google

Part 1

The Essential Guidebook for Businesses Navigating the

On-Demand Economy

The On-Demand Blueprint

The new mantra: Invest in what you need only, when you need it, and be certain solutions can scale as your business grows.

Learn how businesses are leveraging the on-demand economy as a strategic competitive advantage.

Hiring on-demand is the new way of getting work done. Participate now or you might be playing catch-up later.

Image result for leveraging the on demand economy

Source Google

The forces of globalization and technology are changing the way the world works. Together, they have created a significant trend: on-demand work forces that help businesses scale faster and smarter while they reduce risk and control costs.

“There are an estimated 17.7 million independent workers in the United States, and the number is growing. They represent a major contribution to the U.S. economy, generating nearly $1.2 trillion in total income, a 20% increase from 2012. Experts (MBO Partners’ 2013 State of Independence in America) predict the number of independent workers to grow to 24 million in 2018”

Let’s take a look at the ecosystem of the on-demand work forces ...

For The Rest Of The Story

Related Posts are listed to the right my the Blog

For More Information

theondemandeconomy.org

Know These 3 Things to Make Money in On-demand Economy

100 On Demand EconomySide Gigs for Rideshare Drivers

Sunday, July 10, 2016

The Criteo Report Part 4 Mobile Trends

Executive Summary

Part 4

These trends and forecasts come from Criteo’s Q4 2015 State of Mobile Commerce Report, based on its unique pool of online shopping data.

Criteo’s analysis of shopping data from Q4 2015 demonstrates that mobile is an established channel for retail transactions in a world where mobile devices are at the center of the connected consumer.

As the fifth quarterly Mobile Commerce Report, this is the first report to analyze year-over-year growth in key verticals and devices as retailers shift to people-centric strategies.

To recap, in part one, we went over how that when it comes to device and transaction share with the U.S. retail market, Smartphones dominated the market in 2015. 60% of retail transactions belong to mobile compared to just 45% in 2014.

In part two of the series, we got a good look at the U.S. holiday sale period of 2015 and how mobile influenced shopping and sales. 52%, HALF OF CROSS-DEVICE MOBILE TRANSACTIONS ARE A RESULT OF MOBILE-ONLY BROWSING

After reviewing part three of the report, we have a clear understanding that apps drive more transactions and value by removing barriers to purchase. In fact, retailers see an impressive20% higher conversion rate on their apps. And, not only do apps convert a higher percentage of customers, they also bring in more revenue per transaction.

On our final look at The Criteo Report, part four we are going to look at how mobile is affecting global trends...

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Related Articles Are On The Left Side Of This Blog

***

More Information

Source Google

The Mobile Revolution Is The Biggest Tech Shift In Years, And Companies Are In A Race To Keep Up

Yahoo predicts next 'mobile revolution' is around the corner

Friday, July 8, 2016

Service Exports USA: A Growth Opportunity Section 2 Part 4

Source Google

CREATING YOUR EXPORT PLAN

Export Readiness: Exploring Foreign Markets

To recap: we have profiled your current business. And last week, we did an industry analysis, which helped us find key aspects of your industry that may affect your exporting decisions. We also went over how to find your sources to collect the data needed to help you determine the analysis.

This week we begin with the worksheet: Most Penetrable Markets.

Once you have defined and narrowed your search to a few prospective foreign markets for your product, you will need to examine them in detail.

List the top three markets that your research has shown to be ...

For The Rest of the Story

For Related Posts They Are Listed on the Left

***

More Information

Enforcement & Compliance

Sanctions that prohibit trade with designated countries

Export Risk Assessment

Managing Your Export Risk

Monday, July 4, 2016

THE INVENTORY COUNT UPDATING PRICES Part 6

Source Google

Week FIVE Recap

Who should be doing an inventory count? It is easier to list when an inventory count is not necessary

Completely paperless
Absolutely have no office supplies (such as paper and ink for a printer)
No business cards or product flyers, brochures, no products sold and then delivered to your customers
Have no need for cleaning product or items to clean your to clean your office (Some have a cleaning company come in and clean)

Source Google

WEEK SIX - Today

In the weeks prior I went over extra information. But you will actually do 4 steps and you will get that down to on average 4 days for a business with high sales volume with a lot of inventory.

With this step it is important that you can concentrate and work without interruptions, including phone calls and in a quiet place. I recommend this because you will be working with numbers.

Other Reasons Why

Your Profit and Loss statement is going to come from this information.
The information to compare where your business is compared to last month, last quarter and last year.
Help you improve your bottom line.
Alert you to a possible theft problem
To do projections on sales
Can you get that equipment that you need?
If you need to expand operations, such as another store
Do you need to raise prices?
Do you need to hire?

These are just a few examples

TO READ THE REST OF THE STORY

I have listed All Related Blogs

To The Right

FOR MORE INFORMATION

ON THIS SUBJECT

What is inventory control?

Stock control and inventory - Info entrepreneurs

3 Inventory Management Methods for Your Online Store

Should I Be Doing An Inventory Count? Part 5

Source Google

We have just finished the 2^nd quarter for most of us in business and some of you may have done what they call a semi – inventory count (A six month). In this series we talk about a monthly count, but all will work no matter how often you do a count. Some, such as factories, do a count once a year due to having to stop operations completely for an accurate count.

But there seems to be a misconception as to who should be doing a inventory count. No matter what business you are in, if you are dealing with a customer, online or off, or plan to and working towards that end, in any capacity whatsoever, then you should be doing an inventory count. Even if it is just you working your business. Even if you have not had a sale yet, you should be doing a inventory count.