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Key Features of e-commerce Business Website that help to Increase Customers

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The penetration of smartphones and high-speed internet has led to an increase in online shopping. It is currently the most popular form of shopping during pandemic times. It is a more convenient way of shopping with a large assortment of options at the fingertips. Studies show that the market size of online shopping was around 4 trillion in 2020.

The stiff competition among brands online requires you to stand apart from your competition. Apart from sending out the right messages, the buyers prefer to shop with a productive and safe outlet. Your website must have the relevant features that enthuse trust in the minds of the customers. This article will discuss some of the key factors for success in business site.

1 : The web pages must load quickly.

There have been several studies about page load speeds, with one of them stating that pages loading in five seconds have a bounce rate of 38%. For online shops, it is more than necessary that the web page loads within the optimal time. A fast-loading website ensures that the visitors do not abandon the site midway and move to the competition.

Are you aware that web load speeds also form an integral part of keyword rankings? Your team must ensure that the site is optimized and the image size is within prescribed limits. You must also check the page load speeds regularly as well. It is because any increase in bounce rate can affect your search rankings too.

2: Ensure security of the website

Visitors always check the padlock on the address bar before visiting a website. For e-commerce websites, it is a primary activity for visitors too. Moreover, you must adhere to the PCI-DSS guidelines and be on the HTTPS platform. For SSL, you can use a wildcard SSL certificate that will secure main domain and first level subdomains that you own. It will be a low cost deal compare to single and other type of Certificates.

Ensuring website security is one of the critical features of an e-commerce business website. SSL certificates encrypt the communication between the web server and the visitor’s browser, thereby disallowing any third party from accessing the information. It is also a soft factor in keyword rankings, while Google penalizes non-HTTPS websites by marking them as “Not Secure”.

3: Facilitate easy navigation for users

Your online shop must allow the visitors to find the products they need quickly. The UX designers must keep in mind the global best practices while designing the online shop’s workflows. The design should depict the values and the brand image of your business. Similarly, it should also have an intuitive navigational path that helps visitors find the products of their choice quickly.

The banner on the landing page must depict the offers that will entice the visitors to move further across the website. There must be meaningful labels, and the product categories must be such that all the brands can easily be correlated with them. The visitors must be able to click or tap the navigation at appropriate points on the pages. The search function must be included, and using breadcrumbs are among the critical features of e-commerce business website.

4: The use of social proofs

The use of social media is rampant, with many of us preferring to use this new medium to gather knowledge about our favorite brands. It helps to build customer trust apart from allowing you to target your better through customized messages. It adds to your brand’s popularity, and visitors can assess whether your brand is better than others.

Social media can also allow your brand to gather likes and shares from other renowned brands. You can also promote the trust you have received from these organizations to stimulate additional faith in your brand. Moreover, it will also entice your audience to buy into your brand, and it will increase the number of visitors to your site. It will build credibility in your vision and lower any barriers to purchasing from your site.

5: Genuine customer reviews

It is known that your audience prefers testimonials from current customers that help to build credibility about your brand. A study shows that customers would spend 31% more on brands that have excellent testimonials. However, you must also note that negative reviews can also adversely affect your visitors. It becomes necessary that you back your product with a professional customer support team.

Apart from customer reviews, your satisfied customers can also help you with favorable word-of-mouth. Though heavily underrated, it can work wonders for your business, and when you use social media, it can also amplify your brand awareness. Ensure that you have a strong brand image from superlative products coupled with excellent customer service.

6: Helping your customers

Your audience always prefers transparency in your business. Remember to utilize high-resolution pictures that will allow the visitors to have an accurate view of your product. You must have a list of policies that are usually associated with an online shop. The shipping, warranty and return policies must be placed on your website to be easily accessible by your customers.

It would help if you also had your contact coordinates at prominent places on the website. Ideally, it would help if you placed it legibly at the top right corner on all pages. The different means to contact client support must be mentioned in a separate “Contact Us” page. Always say the total charges of the product upfront and do not hide any fees. If there are delivery fees, they must be mentioned upfront before the customer makes the payment.

7: Offer free shipping

The shipping options play an essential role in the buying behavior of customers. It is a popular option that can bring in additional customers to your website. However, before offering it, you must have a proper discussion with your logistics vendors about the costs of delivering the product within a stipulated time. Very often, you may see various websites charging a delivery fee for fast deliveries.

Before offering free shopping, you may have to plough the cost back into the product’s overall price. But in no way can you hide the shipping charges from the customer. It could lead to a loss of customer trust, and it would not be easy to gain the confidence back. Many customers also abandon the shopping cart when they find a shipping charge associated with the order.

8: Transparent cancellation and returns procedure

You would not like your customers to receive a defective product! There could be occasions when your client would want to return a product or have it replaced altogether. The clients will always check for the returns policy, and you should place it at a prominent position on the site. It should be detailed enough to mention the steps that will be taken during the return process.

The customers may wish to cancel an order that must also be allowed on the platform. Others may ask for a refund if they find that the product is not up to the required standards. These policies must also be detailed enough and easy to understand. Easy return policies can also help to enhance credibility in your operations.

9: Customer Support round the clock

The audience should be able to approach your team directly for any issues. It requires you to beef up the customer support team. Also, their contact coordinates must be placed at relevant places on the website. It is better that you devote a page for customer support activities only. It must state how the customers can reach out to the customer support team.

There is a need to enable self-service through a knowledge base that will help customers have a ready-made answer to their queries. It can improve the response times that help to satisfy the customers who prefer that. Always ensure that there is consistency in the excellent levels of customer support that you provide. Also, be proactive in solving customer problems and have processes to track the team’s performance.

10: A responsive web design

Most of your customers will access your site through their smartphones. Having a responsive website is also among the critical features of e-commerce business website that helps you to address this vast audience. Even keyword rankings also make this an essential factor, and you may lose your rank if you are not adhering to this requirement.

A responsive and user-friendly web design allows an excellent user experience while going through the site’s essential information. It also makes it easier for developers to update the web pages if there is a responsive website. You must also bear in mind that too much scrolling can turn off the customers. A responsive design ensures the effective utilization of content that can be used across different media.

Conclusion

There are several factors that the audience considers before they decide to do business with your brand. The article discusses the key factors for success in a business site. It all starts by ensuring data security by installing an SSL certificate. You must also ensure that the customers are at ease when purchasing through your website.

The transactions that are done must be safe, and the pages must also load with the optimum time. While it is difficult to make a footprint while selling online, you must adhere to these tips that have been mentioned in this article.

Government Expects That 84% Of 7000 Million Will Go To Micro-SMEs

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The Government expects that 84% of the fund of 7,000 million euros for direct aid to viable businesses that have suffered sharp drops in income due to Covid-19 will go to micro-SMEs and that 48% of the beneficiaries, freelancers and companies, will work in the hospitality sector.

His estimate has been included in the 2021-2024 Stability Program sent this Friday to the European Commission together with the National Reform Program and the Recovery, Transformation and Resilience Plan, and where the reforms and investments planned to improve the economy with charge to the first 69,528 million of the 140,000 million euros that Spain can receive from the European Next Generation EU fund.

Brussels receives the plan from Spain and begins the examination to disburse 25,000 million in 2021
The Directorate of Economic Analysis believes that another 11% of the 7,000 million in direct aid will go to small companies, 2% to medium-sized companies and another 2% to large ones . By sectors, the main recipients would be hospitality businesses (they would receive 48 % of the resources), together with administrative activities and auxiliary services (16%) and commerce (15%).

Other beneficiary sectors
The next largest beneficiaries would be the self-employed and companies involved in artistic , recreational and entertainment activities (12%), the industrial sector (4%) and transportation (4%).

Its breakdown is done by taking stock of the multiple measures deployed to help society, companies, the self-employed, families and workers to face the health and economic crisis caused by the pandemic .

According to their calculations, the wide range of measures have mobilized close to 231,000 million euros between 2020 and 2021 or the equivalent of 20.6% of GDP last year. Of these, he points out that more than 73,000 million or 6.4% of GDP have been direct aid and another 158,000 million or 14.1% corresponds to financing mobilized through guarantees, endorsements and moratoriums.

Of the total amount, another 37,283 million correspond to the Temporary Employment Regulation Files ( ERTE ) and coverage for cessation of activity and temporary disability, another 2,000 million have gone to support measures for the autonomous communities and 10,000 million to solvency funds , and 4,764 million to tax and Social Security measures.

Micro and SMEs
The 7,000 million plan for direct aid that will go, above all, to micro-SMEs and SMEs , is currently in the process of being launched through the autonomous communities as they initiate the corresponding agreement with the Treasury.

The Government will update the pensions and salaries of civil servants from 2022
The Government established almost 100 economic sectors that could access the funds and the autonomies will include new beneficiaries, including solvent companies even if they suffered losses in 2019 as it happens with some that fit ‘red numbers’ due to the bankruptcy of Thomas Cook.

They are direct aid that will be used to defray fixed costs such as those related to energy bills or rentals, as well as debt and payments to suppliers and other creditors, financial and non-financial. Companies and freelancers whose annual income has fallen more than 30% compared to 2019 will be able to take advantage of this line.

The maximum amount that could be paid out of this fund will be 3,000 euros for the self-employed under the objective estimation regime in personal income tax and for the rest it will range between 4,000 and 200,000 euros. The granting of these grants will end on December 31, 2021.

Brussels Begins The Examination To Disburse 25000 Million In 2021

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The European Commission has confirmed this Friday that it has received the Spanish recovery plan, the document with 102 reforms and 110 investments with which the Government intends to access 25,000 million euros in European aid before the end of 2021 and a total of 140,000 million during the next six years, as long as it is approved by the community institution and the rest of the partners.

“The fund will finance the country’s recovery , with projects linked to the ecological and digital transition, to cohesion and equality,” said the President of the European Commission, Ursula von der Leyen , when announcing through Twitter the reception of the Spanish plan.

The arrival of the text in the European capital is the starting gun for the Community Executive to begin examining it. The European authorities have a period of two months to carry out their analysis and if they give the green light, the plan will pass into the hands of the Member States, which will have the last word.

Once approved, Spain will receive an advance of 9,000 million euros , which would be the first tranche and would arrive in July at the earliest, provided that all member states have ratified in their national parliaments the regulations that allow Brussels to issue the debt with the that will finance this investment plan of 800,000 million (750,000 million at 2018 prices).

After the advance, any aid disbursement is conditional on the fulfillment of a series of goals and milestones that the Government will have agreed with the European Commission. In this sense, the Spanish Executive trusts in being able to receive a first disbursement of 16,000 million euros because it considers that it has already fulfilled a large part of the agreed objectives.

Payments to Spain by the European fund – baptized as Next Generation EU – throughout this year would be completed with another 2,000 million from the REACT-EU item, the disbursement of which follows another route and does not depend on the recovery plan, since they are aid destined to the autonomous communities to reinforce the health and educational systems.

Thus, the Government hopes to receive 27,000 million euros in European aid from the EU’s anti-crisis plan in 2021. The rest would be disbursed in semi-annual payments until 2026 as the goals and milestones agreed with the community authorities are met. In total, Spain expects to absorb 140,000 million, of which about 70,000 will be in the form of non-refundable direct transfers.

Negotiation table
The delivery of the Spanish recovery plan culminates months of negotiations between the Government and the European Commission, which must now examine the document . The last contacts, in fact, took place last week, when the vice presidents of Economic and Labor Affairs, Nadia Calviño and Yolanda Díaz , respectively, met with the economic vice president of the Community Executive, Valdis Dombrovskis.

The plan was unveiled two weeks ago by the President of the Government, Pedro Sánchez and is divided into four axes, 30 components and 212 measures: 110 investments and 102 reforms. Of these, the most controversial are the reform of the labor market and the reform of the public pension system, without which it would not be possible to access aid.

In general, the Spanish document foresees to allocate 39% of the funds to the ecological transition , 29% to the digital transformation, 10.5% to education and training and 7% to R + D + i .

The intention of the Government is to concentrate the deployment of investments in the first three years of the fund and channel with them 70,000 million euros between this year and 2023 to drive the recovery firmly. Among the main target sectors are sustainable mobility, the renovation of public buildings and homes or the modernization of public administration.

In addition to the Spanish plan, Brussels received this Friday the proposals from Luxembourg, Denmark and Latvia , with which there are only nine countries that have complied with the delivery of their plans within the formally set deadline and that ends this Friday. Portugal was the first country to send its reform and investment plan, followed by Greece , France , Germany and Slovakia .

The vice-president of the Commission responsible for Economic Affairs, Valdis Dombrovskis, however, already warned that he was willing to allow some flexibility in the timing in order to ensure the quality of the plans sent.

How to Avail a Personal Loan if You Are Self-Employed?

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A personal loan can prove to be immensely helpful, especially in situations such as these when the world is battling a global pandemic. If you are a self-employed professional and you have been looking for a personal loan for some time now, this post is for you as we will be discussing a step by step through which you can avail an instant personal loan from a financial institution or even a non-banking financial institution.

Features and Benefits of a Personal Loan

Before we dive into the intricacies of a personal loan, let us take a quick look at some of its most important features and benefits.

  1. Instant Eligibility Check

Most lenders in India now offer an instant eligibility check through which you can instantly get to know if you are eligible to apply for a personal loan or not. Modern NBFC lenders like Money View, make use of advanced fintech technology to check your application for eligibility and leverage the power of readily available credit scores to ensure that you meet all the criteria set out for the loan.

Since the process is entirely digital, you will get to know your eligibility hardly in a matter of minutes and thus will be able to swiftly plan your finances for the way forward.

  1. Completely Paperless

Gone are the days when you needed to physically submit your loan application and accompanying documents at either the lender’s or their agent’s office; now, local options like a Yishun money lender offer convenient online application processes. These days, most personal loan lenders have a completely online application process, meaning all you need to do is either visit the lender’s official website or download their smartphone application and upload your documents digitally to the lender’s secure servers.

Not only does a completely paperless process save you an immense amount of time, but it also gives you the freedom to fill out the application from anywhere, thus rendering an increased flexibility to the process.

  1. Competitive Rate of Interest

Although the concept of a personal loan is not entirely new, one of the most distinct features it holds is the competitive rates of interest it arrives with. Since the industry is still developing and a lot many lenders these days specialize in this service, the competition thus proves to be an advantage for the average borrower as they get a highly competitive rate of interest.

Not only this, when compared to its predecessor’s, personal loans are cheaper on the pocket to a great extent, thus adding to its flair.

  1. Flexible Tenures

If you have ever opted for a traditional loan in India, you are well aware of the fact that in most instances, they arrive with stringent repayment schedules, which allow for no flexibility and freedom to the borrower.  While this measure is taken to reduce the risk of the lender and to ensure that no defaults occur, as a borrower, it impairs your ability to better plan your personal finances.

On the other hand, most personal loans in India arrive with a flexible repayment schedule starting all the way from 12 months to 60 months. Along with this, there are lenders in the industry who allow you to customize both the EMI amount you are deemed to pay every month along with the date of payment, which allows for a greater degree of freedom and flexibility on your part as a borrower.

  1. Easy Tracking

A common problem among most borrowers of traditional loans is the fact that they often cannot track their repayments and the balance they still owe to the lender due to the fact that there is very little digital footprint of the loan.

On the other hand, since most modern lenders heavily rely on fintech technology to track their loan disbursements, all of the information you will ever require on your loan is made readily available, such that not only can you track the number of payments you have made till date but also the balance you still owe to the lender, along with the rate of interest being charged (in the case of a floating system). The companion app readily makes all this data available to you at any moment such that you can better plan your finances and prepare for the road ahead.

  1. Instant Disbursement

Last but not least, most personal loan lenders offer the feature of instant disbursement, meaning that you can get the loan amount in your bank account in less than 48 hours post approval of your loan application.

Not only does an instant disbursement guarantee that you will have the money when you need it the most, but it will also ensure that you don’t need to spend countless hours following up with the lender regarding the status of your loan application.

  1. Eligibility Criteria

The eligibility criteria for a personal loan might vary to a few degrees between lenders; however, the underlying constituents remain the same.

  • A credit score of above 6500 on a scale of 900.
  • Above the legal age of 18 or 23.
  • Minimum monthly income of ₹15,000.
  • eKYC documents (Aadhar Card and PAN Card) are available.
  • You can produce an income certificate.

How to Avail a Personal Loan?

Now that you know of all the details of a personal loan along with the pointers that make it unique, all that remains for you to do is to secure one for yourself. Mentioned below are the most significant steps you will need to follow.

  • Search for “instant personal loan in India” and go through all the personal loan offers presented to you. During this step, be mindful of the interest rate being charged as well as the tenure being offered.
  • Once the above step is complete, proceed to make a choice on the lender who suits your requirements the best.
  • Once you have chosen the lender, download their application to your smartphone or visit their official website to initiate the application process.
  • Keep your documentation (both eKYC and income information) handy, as you will be required to share these with the lender in the upcoming steps.
  • Upload all your documents, submit your application, choose the loan amount you desire along with other finer details, and complete the process.
  • Once your application is submitted, the lender will take a few hours to verify the information, and upon approval, you will receive the money in your account in less than 48 hours.

Conclusion:

Getting a personal loan for self-employed or salaried or has become easier than ever before, thanks to the number of lenders who now specialize in rendering this service. So, if you are in India, wait no more and follow the steps outlined above to secure the personal loan you require.

How can I increase my property value?

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If you’ve been thinking about how you can increase your property value but aren’t sure where to start, this is the article for you. Whether you want to raise your value before you sell or simply want to improve your property for your future, there are plenty of options you can look into.  

  1. Add a bedroom  

For those wanting to add significant value to the home, increasing the number of bedrooms available is the best way to do it. With a few different ways to do this, we would recommend either –

  • Extending your house to add more space to build a bedroom 
  • Converting an unused garage or conservatory  
  • Taking the largest room and split it into two.  

If you’re looking to add another bedroom to increase your property value, there are a couple of things you need to know before you begin. Splitting one room into two can be a cheaper decision, but if you’re not careful, it can result in your value decreasing. Do some measuring first, and make sure that the two rooms will meet the regulated size. You should also consider what would benefit your house more, two smaller bedrooms or one large one? If your home isn’t particularly suitable for a family, for example, two small rooms may not be as popular as a larger one.  

  • Deal with any structural issues  

Three of the most severe issues that will decrease a houses’ value is subsidence, dampness, or Japanese knotweed. If your property suffers from these, your value will drop steeply as your buyer will need to pay for the reparations – as well as this, some houses with severe cases of subsidence or damp can be unmortgageable, making them harder to sell. 

Repairing these issues is not a cheap or easy fix, which is why it affects your value so much when you sell. If you’re in a position to resolve them, it will dramatically increase your property value, allowing you to sell for a much higher price.  

  • Create an office space  

Since the start of the pandemic, working from home has become standard for millions of us and is likely to be the same case for the coming months. Due to this, properties with a designated space to work from home in are becoming more and more desirable, with it being regularly searched for on Rightmove and is a must for many buyers.  

You can add an office space to your home in a few ways, but the most popular is by taking a spare room and redesigning it into a working space. Using a small, unused bedroom is the simplest way to do this. Some homeowners are worried about transforming a bedroom into an office space, but you can show that the room can have multiple purposes to reach a broader market of buyers; perfect for anyone who has been asking themselves, “how can I sell my house fast?”.  

  • Update the garden  

Gardens have always been a very popular choice when buying a house, but they have become even more in demand in the past year. Outside areas are impressively versatile, and no matter how much space you’ve got, you can make the most of it to help raise your house value.  

Some houses have grassy sections in the garden, and the best way to make this as attractive as possible is to maintain it well, keep it cut and healthy, and add complementary features, such as flowerpots, vegetable patches, or even a greenhouse. A shed can also help to boost the value as it provides additional storage.  

If you have more of a courtyard area at home, creating a space that offers seating will make it more inviting. Over the last year, some homeowners have started to build their own bars in courtyards, which will help to build your value and encourage your potential viewers to put in an offer.  

  • Renovate the bathrooms 

Redoing the bathrooms in your house can make a huge difference when you’re looking to increase property value. A total renovation will achieve the most significant growth, but you can work around the budget you’ve got and still see your value increase. When looking to redo a bathroom, it’s best to have both a bath and shower, whether you choose to have them as separate facilities or as a shower over a bath, as this will mean you can appeal to any viewer as most of them will have a preference for one or the other. White suites are the best option as they will match all colour schemes and are timeless, compared to peachy, pink, or avocado green suites that were big in the ’80s but are no longer desirable.  

Another popular choice if you’re not in the position to completely update your bathroom is to work on some key points that will make a big difference when you enter the room. Updating any old-fashioned tiling is a good option and can help make the room look much more spacious, especially if you choose very large tiles instead of the smaller ones often found in bathrooms. Providing extra storage is also a good idea, whether you decide to box in the sink and create cupboards underneath or look at floating cabinets – storage is very desirable and will help keep the bathroom more organised, which will appeal to any buyer.  

A minimal change that can make all the difference is introducing plants into the bathroom. These provide beauty, colour, and air-cleansing properties, making any potential viewer keen to see more!  

  • Redecorate throughout the house  

Before you sell your house, most people will suggest that you redecorate it first. The good thing about looking to decorate when you sell is that you can make it happen on any budget, and it will almost always help you sell faster.  

While simple redecoration won’t particularly affect your value, it will encourage your viewers to place an offer and can result in them submitting a slightly higher offer than they would have done originally.  

For those who are working with a bigger budget and are looking to make some significant changes to sell, you should always plan and outline your spending. The key is to ensure that you’re not paying out more than you will increase your value by when you sell, so you can benefit when you achieve your sale!  

How House Prices Have Risen in 60 Years

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From changing street scenes to iconic events, the new digital timeline tool produced by Barratt Homes shows you just how much things have changed over the past 60 years. One of those major changes has come in the form of average house prices which makes for interesting reading in itself.

The 1960s

The ‘Barratt Homes Through The Decades‘ tool begins way back in 1958 when Barratt Homes first opened its doors. Property prices were only £2,530 on average. The Beatles were dominating the charts. Tie-die shirts and bell-bottomed jeans with sandals was the iconic style. Remember this was a time when people typically lived either in tower block housing or smaller more traditional two-storey homes.

The 1970s

In just one decade those prices soon rose, and by the 70’s we saw average house prices jump up to £19,925. Disco fever had hit, bringing people together through their love of dance and music. The Ford Capri became the must have vehicle. Punk first emerged, with brightly dyed hair, leather jackets and plenty of piercings. This was also an era where we saw some of Britain’s biggest houses built.  The first domestic microwave was also sold during this time and 64% of homebuyers had a washing machine by now. An average household was made up of 3.1 people, with the average property having three bedrooms.

The 1980s

The decade where the property market saw a boom and with that the decades average house prices started at £20,268, which then rose to £29,143 by 1985. Just five years. Bold style and big hair were here, as perms, mullets and shell suits became the fashion. The Walkman first burst onto the scene. During the 1980’s, the average size of properties had started to decrease to meet the demand of individuals and young couples making their way onto the property ladder.

The 1990s

After the boom in the 1980’s, the 1990s saw a big hit to the market due to the recession.  It was the era of parkas, polo-shirts and noteworthy sunglasses. The Channel Tunnel first opened, as Barratt first brought homes to the South of France with a development in Provence. Despite the recession, house prices did increase slightly compared to the decades gone before it. Average prices started at around £58,153 and rose to £59,939 by the mid-1990s.

The 2000s

The new millennium touched down with the invention of the social media platform Facebook. This took the world by storm, with consumers all over the world growing their online presence by posting, sharing and liking content.

One thing that really did boom in the 2000’s was the house prices, which compared to £59,939 in the mid-1990s had hit £156,236 by 2005. With sustainability in mind, Barratt also launched a pioneering range of green initiatives with eco homes.

The 2010s

With two major royal weddings the 2010’s were a decade to remember. London hosted the 2012 Olympics, bringing more than 180,000 visitors a day to the Olympic Park. The 2010 street scene also saw some dramatic changes as more townhouses and apartment blocks appeared. The cost of a typical property steadily rose from £170,365 to £197,890 throughout the decade.

The 2020s

Being so early in the 2020s there is not much to discuss for this decade other than the massive elephant in the room. As COVID-19 completely changed lives and the way we live them, housebuilders have found other ways to adapt. So far during the 2020s we have seen more three-storey properties and modern, four-bedroom homes. Many towns and villages have also seen Covid-19 testing centres pop up to help keep on top of the spread of the virus.

Looking to the future of housebuilding and its next 500,000 homes, Barratt Homes has pledged its commitment to create a positive environmental, social and economic legacy for future generations.

Money Rolling in as Ad-Supported Streaming services boost during Covid-19.

More people use streaming video services in the United States more than ever before. According to a recent Deloitte report, the U.S. average customer has four different streaming services subscriptions, and around 80% of households have at least one subscription. The VOD binge could be short-lived, Deloitte says. Since it is expected that many subscribers will end their subscriptions before the restrictions on coronaviruses are removed due to financial distress. 

The Organization has carried out two surveys. A pre-COVID-19 survey from December 2019 to January 2020 for the 14th annual edition of its Digital Media Trends report. The second survey was conducted in May 2020, after the pandemic outbreak. 

Comparison of both surveys’ results revealed that US consumers are currently subscribing to at least one paid online video service, up from 73% in the pre-COVID-19 survey compared to 69% in last year’s Deloitte report.

As more media companies enter the SVOD industry, content and pricing are under pressure. Even though corporations are attempting to regulate prices, customers become increasingly demanding since they have many subscription options. It becomes challenging to select which shows to watch or which streaming service to buy. If you are having trouble deciding, then you can check out ScreenBinge as it covers major streaming channels and also strives to educate readers on how they can bypass geo-restrictions to unlock different region titles. 

Besides this degree of “subscription fatigue,” it is expected that viewers will move to free ad-supported streaming options. According to Kevin Westcott, Vice President of Deloitte, “People have more time on their hands, and they’re trying new things, But at the same time, we see a significant amount of churn. The coronavirus pandemic has accelerated the trends we have seen in our industry.”

In May, a survey by Deloitte shows that some of the customers sign up for trials free of charge, cancel them when the trial duration ends or when a favorite series is concluded, and change services to look for new shows and movies.

According to Delloite, as a result of the outbreak, 17 % of customers have canceled at least one service. The most common reasons for cancellations are high prices (36%) and expiring offers or free trials (35 %).

It is anticipated that SVOD churn will become more severe as streaming services compete for part of consumers’ wallets. A survey by Deloitte showed a decrease in 39% of American households’ income after the pandemic. Westcott also stated, “With less money to spend, the competition for consumer attention and retention has never been fiercer,”

All of this ensures that ad-supported online video streaming services can reach a wider audience. 47% of customers agreed to have at least one free online video service supported by ads. Before the pandemic 62% and after the COVID-19 pandemic, 65% of consumers in the United States expressed a preference for cheaper, ad-supported online video solutions. 

Additional Deloitte findings:

  • 51% of Subscribers claim to be drawn to online platforms featuring a wide range of TV shows and films, and 45% expressed interest in exclusive original library material.
  • During the pandemic, 22% of users (30% of Gen Z and 36% of millennials) paid for a first-run movie to be streamed. Ninety-nine % said they would do it again. The price was too heavy, according to 42% of those who did not.
  • Around a third of consumers said they wouldn’t be comfortable going out to watch live events for at least the next six months. There is a significant generational gap: 50% of millennials and 47% of Gen Z respondents said they would attend a sporting event in the next six months, compared to just 28% of boomers.
  • Video gaming has exploded during COVID-19. Since the coronavirus outbreak, 48% of U.S. users have engaged in some form of video gaming, with younger generations over-indexing themselves in this region (69 % of millennials and 75 % of Gen Z). Previously, 25% of consumers watched videos of others playing games live and recorded them (with around 50 % of millennials and Gen Z). These estimates, according to Deloitte, have remained consistent throughout the pandemic.

The analyst listed recent data from both Nielsen and ReelGood, a streaming search tool. Along with the ad-supported, non-premium content on Youtube, completely ad-free streaming services like Netflix and Amazon Prime video were flourishing between March 25 and May 13. 

Wrapping Up!

While it is a bit too early to comment on the future trends based on the current scenario since these free ad-supported services are relatively new. However, it is expected that once things come back to normal, all new services will have to strive for a share in the market, because at the moment, despite the competition getting stiff, people will explore newer options as they get bored with the old ones.

ECO Government-backed Boiler Grant

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Just like any other device or equipment, boiler breakdowns are eventually inevitable. When they do, you will find yourself in a nightmare, leaving you cold and freezing especially during cold days. So, if you feel wretched and are suffering from your antiquated, malfunctioning, defective, inefficient, and thus, energy-wasting boiler and you’ve been hoping or even praying for a replacement, the government’s free boiler grant is the easy answer.

How

You may acquire a Free Boiler fully funded by the United Kingdom government or having alternative options like “Buy now , Pay later” with a markdown cost.

How it started

In 2018, the United Kingdom government via the Energy Company Obligation (ECO3) scheme ventured into partnership with private energy suppliers, giving them the license to provide the energy needs of the households throughout the country. Now with this government-backed scheme, the government has forged a contract with the so-called BIG SIX consisting of the country’s biggest suppliers of energy, that includes:

  • British gas
  • Scottish Power
  • E.ON
  • Scottish and Southern Energy (SSE)
  • EDF
  • nPower

The government has devolved the obligation to these six contracted energy suppliers to replace and install energy efficient boilers and provide maintenance boiler services to the households of qualified residents.

Availment of the grant entitles you to a lot of benefits. For one, it saves you from the hazards of unexpected breakdown in the middle of a bad weather when immediate help may not be readily available. Second, a newly installed boiler offers you better efficiency, more savings on energy, and consequently, more financial savings due to lower electricity bills. Then, unknown to most, inefficient boilers are linked with issues concerning global warming as well as carbon footprints and emissions. Thus, having a new boiler installed in your home empowers you to contribute to the government initiative towards environmental sustainability.

What’s more to this grant

The scheme incentivizes UK residents by offering services for energy efficient boiler without cost or, in some cases, at a subsidized or discounted rates. In cases of subsidy, some may be required to contribute. Otherwise, a grant is free of charge; thus, grantees shall not be obliged any repayment at all. Naturally though, while the free broiler grant  is offered to the public, it involves minimal eligibility criteria for you to be entitled to it. 

What qualifications should applicants possess

You will most likely be approved of the grant if:

  1. You have a boiler that’s 7 years old and above
  2. You own the home where at least one person lives permanently.
  3. You need LPG, gas, oil, or electric supply in your home
  4. You are a recipient of any one of the income related benefits such as Job Seekers’ Allowance, Child Tax Credit, Disability Living Allowance, and Income Support, among others.

Grant tips

If you are ready to take on the offer, the following tips may help. Begin by going through the initial assessment process that’s accessible online. You will simply need your postcode to book a free online survey through Free Boiler Grant. In less than a minute, you will find out your eligibility for the grant. If you are found ineligible, you may apply for subsidy. If you are qualified, apply for the grant online. Soon, your energy supplier will deal with you through their authorized professional advisor who will assist you throughout the process until your new boiler is delivered and installed in your home.

Those who have availed are certainly enjoying the warmth of your homes. For those who haven’t, it’s the best time to open your laptops and personal computer or take up your phones and avail of the energy efficient boiler assessment through the free boiler grant.

Less is More: 3 Budget-Friendly Tips for First-Time Kent Homebuyers

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For many of us, purchasing a house is likely to be the single most sizeable investment that we will probably make in our lifetimes. While it is a joyful and fulfilling experience that stems from planning, savings, and hard work, it can also create a lot of stress, worries, and struggles due to its financial impact. And if you don’t want the experience to be any less than stellar or find yourself with money problems down the road, you’ll need to prepare yourself for the process. So to keep yourself from spending more than you can safely afford on your dream home, here are a few budget-friendly tips to keep in mind.

1. Begin by establishing a budget

Before you start looking at real estate listings, you must first establish a budget. After all, without an estimation of your expenses and income, you won’t know how much you can safely spend on a new house, and as a result, it will leave you susceptible to spending a lot more than you should. However, by doing the maths and putting everything on paper, you will be able to figure out your price range and ascertain whether or not you are capable of shouldering the financial commitment that home ownership entails.

It is also worth considering hiring financial advisers if you require additional assistance. It may sound like an additional expenditure to spend on mortgage advice in Kent. But you’ll get impartial advice that will allow you to get what you want depending on what you have to work with.

2. Assess the actual cost

The majority of first-time buyers usually don’t look beyond the monthly mortgage when it comes to determining if they can afford to purchase a house. However, this can be a potentially dangerous mistake that could leave you unprepared to shoulder the financial responsibility of the home. So before you make any commitments, make sure that you assess the actual cost of the property, from updates and repairs, taxes, and utilities to seasonal maintenance and insurance. In this way, you won’t get caught off-guard with unexpected costs.

3. Explore every option available

Depending on the desired location or community, you’re bound to find more than one potentially viable property. And if you want to drive the costs down as much as you can without making any concessions, you’ll want to keep your options open and explore all available listings before you decide. Doing so will help you find properties that are much less expensive, and, in turn, keep the financial weight of the commitment much easier to shoulder than it would have otherwise been.

No one can deny that buying a house is a big commitment. However, the process doesn’t always have to put you at financial risk. By carefully establishing a budget, considering all of the costs, and giving yourself enough time to explore every avenue, you’ll surely find the right home at a good price.

Profits Of Ford Reached $3262 Million

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Ford’s profits reached $ 3,262 million. The car firm earned more than 36,000 million in the first three months of the year.

Ford reported this Wednesday that in the first quarter of the year it had net profits of 3,262 million dollars, when in the same period of 2020 it accumulated losses of 1,993 million , thanks to the improvement of its operating costs worldwide.

Ford noted that its adjusted earningsbefore interest and taxes amounted to 4.816 million dollars. In the first quarter of 2020 the car company lost 632 million. Its income in the first three months amounted to 36,228 million dollars, 5.5% more than a year ago.

Of this figure, 33,554 million dollars came from the automobile sector; 2,663 million from Ford Credit, the company’s financial arm; and 11 million from the Mobility unit. At the end of the quarter, Ford had cash of more than $ 31 billion and its combined liquidity stood at more than $ 47 billion.

Ford closes the ere of 630 layoffs in Almussafes with an agreement
For the whole of 2021, Ford improved its outlook for adjusted earnings before interest and taxes to a range of between $ 5.5 billion and $ 6.5 billion, after posting a loss of about $ 2.5 billion from the semiconductor crisis .

Ford CFO John Lawler said the worst of the chip shortage is yet to come, especially after the March fire at a semiconductor production plant in Japan. The company anticipates that the chip supply upgrade will not occur until the second quarter of the year.

After announcing the results, Ford president and CEO Jim Farley said in a statement that the company is relentlessly executing the restructuring plan. “Without question, we are becoming a stronger and more resilient company,” added Farley.

The improvement in Ford’s results at the beginning of 2021 occurs despite the fact that the company lost world market share: it went from 6% to 5.3%, and sold 1,062,000 cars, 6% less.

By region, Ford had revenues of $ 23 billion in North America, $ 400 million in South America, $ 7.1 billion in Europe, $ 800 million in China and $ 2.3 billion in the rest of the world.

North America provided a profit of 2,949 million dollars, Europe 341 million and the rest of the world 201 million. South America lost 73 million and China 15 million dollars.

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