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Do Rebrands Work?

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Rebranding is a strategy used in marketing where a new name, a new term, a different symbol or design, or a combination of any of them, is used to develop a new identity for the company in the minds of consumers and investors.  It could be a decision taken because of a merger, a period of considerable growth, technical advances, a change in company strategy or maybe to make a brand stand out from its competitors.

In recent years some of the largest companies and organisations around have rebranded, including Audi, Auto Trader, the Premier League, AirBnB, Budweiser, Mastercard, and McDonald’s.

Updating Old Spice

Old Spice was always considered to be a brand for older generations, until 2010 when it was rebranded. There was no problem with the product – the Old Spice team just wanted to make it appeal to the younger generations too. They spent their marketing budget on bringing in athlete Isaiah Mustafa to make a funny video showing that the deodorant is sexy, fun and youthful. The rebranding effort was a success and it helped the company by producing sales from a new generation that watches online videos and especially likes humour.

Old Spice Bulk Up Shampoo‘ – Mike Mozart via Flickr (CC BY 2.0)

Gala Leisure Becomes Buzz Bingo

One of the largest rebranding projects to have taken place recently is the rebranding of the famous Gala Leisure brand, which is now known as Buzz Bingo. There are several reasons why Gala Leisure has decided to spend £40 million pounds creating this rebrand. They want to attract a younger clientele and create a whole new identity. As part of the rebranding, the latest technology has been introduced, which will make the game simpler to play while at the same time creating an exciting atmosphere. This has already proved successful in the first bingo halls to receive the rebrand and there is no reason not to believe that the others will follow suit.

Changing The Face Of Burberry

In its many years of trading, Burberry has undergone several rebrands. The most successful of them was when Christopher Bailey took over as their creative director and introduced new products to their range. This included swimwear and trench coats that were nothing to do with the earlier image of the brand, which had become associated with ‘gang wear’. He also secured several celebrity endorsements for the new items, and Emma Watson and Kate Moss both contributed to the luxury image the brand has today. No one knows the full cost of this rebrand, but however much it was, the success achieved was more than worth it.

Saving A Business By Rebranding

Sometimes, a rebranding is needed to save an ailing business. As times change and fashions alter, the products of a business can become dated, and rebranding is needed to update them and introduce them to a new audience. This can cost large businesses many millions of pounds, but that is often just a portion of their overall marketing budget. For small businesses, it can be less costly, but just as important.

 

Why Employee Experience Is The Future Of The Workplace

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Over the past few years, the way that offices work and function has changed drastically. Remember when an open plan office was the best idea you had heard? Or when your employees were excited about using a new email interface? Well, the experience that employees are having at work is having a huge revamp.

Employers are now focusing on creating a social and digital environment for their employees and colleagues to use and enjoy during their working hours and, as we draw closer to the end of the year, we can look at the impact this is having on the future of the workplace as we know it.

Collaboration

Over the last 20 years, the employee experience has been hugely focused on collaboration. With fast-paced technology and open plan offices bringing teams and employees together, we are now seeing a slight shift away from employee collaboration and are moving towards more focus on personalisation and productivity. Employees now want to get rid of noise and distractions, they want to focus and work smarter.

With new apps focusing on bringing together documents and data together in real-time, employees no longer need to be sat in cold and dull cubicles just metres away from one another. They can spread out and enjoy their own working environment whilst still working together as a team. There is no “one size fits all” solution when it comes to productivity, so finding the best way that your office works is essential.

Personal Productivity

Again, the open office plan has had an impact on the way that modern offices function and work. Whilst there are huge benefits that come with an open-floor office, such as more communication and collaboration, there are also a few downsides. The environment offers a lot of distraction and is ill-suited for concentration and focus.

Leading employers are now introducing quiet spaces and booths for employees to escape and focus when needed. Many are also letting employees work from remote locations for when they just need to escape and focus.

As the employee experience is leaning towards productivity, many organisations are trying to provide flexible working environments to better benefit their employees whilst also keeping the morale and work speed up.

Creating A Compelling Environment

Another trend which many employers are investing in is creating a compelling environment for their employees. A lot of offices that have employees aged 20-30 are working towards creating more exciting workspaces. Whether they choose to have a work “Happy Hour” with prosecco on tap, welcoming dogs into the office or providing unlimited holiday days, the wellbeing and happiness of employees is becoming paramount for new and growing businesses.

Human Resources has had a huge overhaul, too. With roles such as “Head Of Employee Experience” and “Head Of Happiness” being rolled out in many offices, the wellbeing of employees is proving to be a huge focus for many companies who are looking to embed their working cultures and values into everything they do.

As the talent-pool for job roles is increasing and becoming more competitive, it is becoming more difficult for employers to attract and engage potential employees. By investing in providing a good working environment and company culture, making the workplace into an experience is vital for many employers. Improved workspaces, more training and frequent rewards is sure to attract more dedicated employees and many employment solicitors and services, such as Gorvins and Citizens Advice, are seeing cases and queries declining as employees are becoming happier overall.

A Better Future Is Coming

Whilst the employee experience is undoubtedly growing in working environments, an even better future is coming. As software is set to become mobile and more personalised, workspaces are more likely to focus on employee collaboration and concentration. Companies that will thrive in the future are those that are looking at investing in employee-focused initiatives.

How to Choose a Broker to CFD Trade With

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One of the most important decisions (if not the most critical decision) you will ever make as a CFD trader is to choose the best online CFD broker to partner with. Succinctly stated, if you sign up with a poor-quality, disinterested, or fraudulent broker, you will lose a substantial amount of, if not your entire, investment.

Therefore, let’s look at several tips to help you make the right choice when considering trading CFDs through an online broker:

Website Quality

As a trader, looking at the user interface and usability of a broker’s website should be your first port of call.

Basically, if a broker’s site is poorly designed, looks untidy, its navigation causes user-confusion, and the site consists of poor-quality content, then it is a simple matter to assume that the brokerage firm does not have their trader’s best interests at heart. And it is advisable to stay away from this broker.

Trading platform

Succinctly stated, CFD trading is a fast-paced activity. Asset prices change all the time. Therefore, it makes sense that a broker needs to implement a powerful, user-friendly, quick trading platform with advanced trading solutions that is able to keep up with the real-time changes in the asset prices. If the platform is slow and difficult to understand and use, then it is pointless signing up with the broker, as investors will not be able to place profitable trades.

Customer service

Succeeding consistently as a CFD trader is one of the most difficult challenges to master. However, at this juncture, it is vital to note that this statement is not designed to convince traders not to embark on an online trading journey. It is intended to alert novice traders to the reality of the risks and challenges of CFD trading. It is possible to learn to trade successfully.

Additionally, there are a number of documents that traders need to submit when opening an account with a new broker with the express aim of ensuring that only genuine clients sign up with a broker. These documents are grouped under the Know Your Customer (KYC) banner. And they include the following documents:

  • Proof of identity
  • Proof of residential address
  • A copy of the bank statement that the trader intends to fund his/her investment account from.
  • A declaration that the trading funds are from a legitimate source.

Thus, it is critical to partner with a brokerage firm that has an expert, dedicated customer service division to guide their clients through the complexities of the account creation process. Without the submission of these documents, investors cannot withdraw funds from their trading account.

Trading support

Essentially, traders learn to trade successfully through guidance and experience.  Additionally, it is essential for traders not to trade on emotions. In other words, trading strategies must be determined before trades are placed and not changed based on emotions such as fear and panic.  Warren Buffett, one of the world’s most well-known financial market investors, reiterates the importance of maintaining a steady temperament while trading CFDs:

“The most important quality for an investor is temperament, not intellect.”

To this end, quality CFD trading brokers employ a number of specialist financial market and trading analyst whose primary role is to look after the company’s traders.

Thus, each trader should be assigned a trading advisor who will offer practical guidance and advice to learn simple, but successful trading strategies. And to learn to use and interpret the many statistical price analysis tools.

Education centre or trading academy

Bearing in mind that one of the online trading brokerage firm’s primary aims is to ensure that their clients are afforded the best opportunities to make successful trades.

Therefore, an essential part of an online trading firm’s toolbox that prides itself on providing an excellent service to its clients is a comprehensive education centre that includes the following:

  • A trading academy that provides detailed information (including eBooks and video material) for all levels of traders, from novice to expert traders.
  • An in-depth explanation of what fundamental and technical analysis is and how each aspect affects the price of a CFD-linked asset.  
  • Supplementary material, documenting the use of technical indicators and oscillators like the Relative Strength Indicator (RSI) and the Bollinger Bars.

Final Thoughts

This article contains the essential points regarding the successful choice of an online financial trading broker like Jones Mutual. However, it is also just the tip of the iceberg. Consequently, the pertinent (or most important) takeaway point is summarised as follows:

It is absolutely essential to perform due diligence on every CFD trading broker before opening up a trading account with them.”

How Millennials are shaping the digital workplace

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Millennials are driving change in today’s workplace as they climb up their career ladders with a different set of expectations than previous generations. The Millennial attitude towards technology and the mobility this gives them is now transferring into the workplace.  

In the UK, Millennials make up about 35% of the UK workforce, and it’s estimated that by 2025, they will account for around 75% of the global workforce. This means businesses must start to embrace the Millennial mindset towards the workplace and consider what they can offer to attract such candidates.

Within the next decade as Baby Boomers begin to retire, we’ll see more Millennials progress to management roles in businesses across the globe, shifting the business landscape. But exactly how are Millennials and mobility transforming the workplace?

Here’s everything that you need to know in response to that question.  

Diversity and transparency

Diversity and inclusion are important issues for Millennials, with their generation being one of the most diverse we’ve ever seen. As Millennials continue to create change in the workplace, there is likely to be greater demand for diversity and inclusion programs in businesses, as well as representation.

Millennials also tend to desire high levels of transparency and integrity in their work environments, including – in particular – from their managers and co-workers, who they expect to practise open communication.  

Flexible working

A report in The Telegraph highlighted the great extent to which Millennials value flexible working, not least because it supports better productivity, engagement and well-being. Millennials in high-flexibility organisations are also often more loyal to their employers.

Flexible working can range from part-time work and working from home or out of the office to the freedom to follow other individual work styles. Flexible working enables Millennials to achieve the work-life balance that they want, as well as to work when they are most efficient – whether that be from home or outside the traditional 9-to-5 working day.

With many sophisticated communication tools such as face-to-face calling and instant messaging also available these days for business use, Millennials are still able to engage and connect while working flexibly.

Communication and connectivity

Technology has brought about a whole range of new communication methods, all of which Millennials have embraced and become fluent in. Growing up with the rise of smartphones, texting, instant messaging, video chat and a variety of other tools has led to Millennials adopting these new communication methods in their daily lives.

Millennials now expect quick and convenient communication methods that are all in one easy-to-access location. Their choice as to which method to use tends to depend on which method best meets such standards.

This has significantly impacted the workplace, with Millennials expecting integrated communication channels and platforms that also enable flexible working, wherever they are.

In touch with technology

Millennials also expect mobility in the workplace and find it important that employers are up to date with the latest technology – including mobile devices – that help them to stay connected and work freely, even if they’re away from their office desk.

As Millennials are typically highly tech-savvy, they are most interested in workplace technology that helps them to complete tasks, communicate and work flexibly. With the introduction of video interviews into the recruitment process, businesses can easily showcase to potential employees how they are embracing technology, which assists them in attracting Millennial talent.

Millennials are early adapters of technology, and this is shaping the workplace with more businesses making the most of technological products and services that improve convenience and productivity among staff.

Our Tips For Buying A Work Wardrobe On A Budget

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Congratulations you’ve secured your new job, you’ve written a smashing cover letter, you’ve aced the interview and you’re set to start next week, one thing you’ve likely to have forgotten though is what the hell you’re going to wear! Plus you probably don’t have £2000 spare to splash out on designer suits, and while it might be tempting to take out some Short Term Loans, those are only for financial emergencies and shouldn’t be used to elevate your work wear. So, with all this in mind, here are our top tips for buying a work wardrobe on a budget.

Check Your New Office’s Dress Code

Office dress codes vary from business to business, so it’s important that you know what is expected of your clothing before you arrive on your first day, to ensure that you make a good impression amongst your new colleagues.

You can find out your new place of work’s dress code, by thinking back to your interview and what the person interviewed you was wearing. Although you likely wore a suit, they wouldn’t have had to dress up for an interview, so use them as a barometer of what is generally acceptable in your new workplace.

For the sake of this article we’re going to supply you with tips operating around a smart dress code.

But if your new work place has a more casual vibe you could choose to shop supreme from Stadium Goods.

Invest In Versatile And Easy To Match Pieces

Versatility is the key to making a budget stretch, so when it comes to buying the core of your work wardrobe go for neutral colours, opt for blacks, blues, grays, beiges and whites.

Not only can they be worn multiple times without drawing much attention to yourself, they can also be mixed and matched with other items from your wardrobe.

As for a ratio of each colour, for men we would suggest that you opt for around 3 blazers, 5 button up shirts, 3 pairs of trousers  and 2 pairs of shoes, each item in a neutral color.

Women have more options for formal wear, but we’d suggest 2 blazers, 2 cardigans, 2 skirts and 2 pair of shoes which provides around 10 different outfits.

If this seems like quite a large expenditure, add to your collection gradually, buying a few new pieces each month.

Don’t Be Scared Of Hand-Me-Downs

While the mere mention of ‘hand-me-downs’ may spark traumatic memories of the past when you were forced to wear your older sibling’s shirt to school which was 3x too big for you, now you’re fully grown, used clothes can actually serve as a great alternative to buying your work wardrobe from new and they’ll most likely fit now as well.

Ask your friends or family if they have any office wear that they’re not using or want to get rid of and add it to your collection.

Provided it’s not damaged or haggard, it’s unlikely that your colleague’s will even notice you’re wearing a used blazer.

We hope that these tips will help you to buy your work wardrobe on a budget and ensure that you make a good impression at your new place of work. Good luck and we wish you the very best in the future with your new job!

How to Budget for Home Renovations

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Home renovations help you put your own stamp on a new place, or they can help you refresh and brighten up your existing apartment. Good home improvements add value to your home and make you feel good on the inside.

With this in mind let’s look at how you should budget for your home renovation.

Assign a Cost to Each Aspect

When you put your budget together you should itemise each aspect. It is a good idea to do this by room.  This will also allow you to get started in one room once you have made all the purchases you need. While you’re working in one room, or while somebody else is, your budget has a chance to replenish.

Aspects to cost out will include:

  • Professional tradesman fees
  • Materials costs such as kitchen worktops for example
  • Fixtures and fittings such as staircases and kitchen cupboards
  • Paint, wallpaper, tiles, plaster, and related tools
  • Furnishings and appliances

Once you have worked out your budget for a room you can then move on to the next aspect of budgeting; shopping around.

Shop Around

Shopping around not only lets you identify the best price for what you need, but it gives you a better idea of prices which is useful down the line as your home renovation moves from room to room.

When shopping around Google is your friend. Searches for winder staircase online or freestanding shelves online for example often reveal some great hidden away companies that provide quality products. Where possible try and find at least three companies that provide good quality products that fall within your budget.

If you have something particularly expensive you may want to consider second hand. Good deals can be found on sites that specialise in this kind of thing, and house clearances often reveal hidden gems.

Specialist online stores such as Fontanot Shop often provide good products at a reasonable price together with ideas for your home improvement project.

Tradesman should be sourced on recommendations. If you do not know anyone who has used a tradesman, you can look at online reviews and often on UK local council websites, you can find a list of tradesmen who are trusted. Get quotes from a few tradesmen to get the best price.

Once you have shopped around you should revise your budget accordingly. Hopefully, you’ll have more money to play with.

Assign a Schedule

Once you have your budget you should assign a schedule for the work needed. This will give you clarity on how long your project is going to take, as well as providing an opportunity to prioritise the work by the task.  It is a good idea to assign a few extra days for the more expensive aspects of your project especially if tradesmen are involved. Often, hidden unforeseen circumstances occur which delay projects of this kind.

From here all that is left to do is to start your home improvement project. The sooner you start it the sooner you can enjoy your newly refurbished home. Make sure you have a bottle of champagne on ice to celebrate once complete.

How Easy is it to Start an Ecommerce Business?

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Thinking of starting an ecommerce business? Once a complicated and expensive process, the rise of platforms like Shopify have made starting an ecommerce business simpler, cheaper and faster than it’s ever been before.

At least, that’s true for the website and marketing side. While there’s a lot of work to do on the supply chain side of running an online business, the rise of ecommerce software lets anyone, from a first-timer to an ecommerce expert, get their shop up and running.

As a would-be ecommerce entrepreneur, here’s what you need to know:

Ecommerce is growing, and there’s never been a better time to start

More and more customers are starting to shop online, including the elderly and young retail shoppers making their first online purchases.

According to data from Smart Insights, there will be more than two billion online shoppers by 2021 — an increase of more than 300 million from 2018. Whether you’re a retailer looking to branch out or a would-be entrepreneur, there’s never been a better time to get started.

Ecommerce software doesn’t just work online — it’s offline too

Thinking of expanding your offline business to sell online? The same software you can use to run your online business also works smoothly as point of sale software for your retail shop or other offline business.

Designed with small business owners in mind, options like Point of Sale from Shopify make it easy to accept payments via credit card, PayPal and other platforms, all while logging recent sales and managing inventory.

You don’t need to be a technology genius to succeed

Think you need to code to start an ecommerce business? Think again. Thanks to user-friendly ecommerce software like Shopify, you really don’t need advanced programming or design skills to get your ecommerce business up and running.

In fact, if you’re comfortable using basic PC applications, you probably have all of the tech skills you’ll need to start your ecommerce business and build it into a growing, profitable enterprise. Furthermore, with many modern business-to-business directories and online marketplaces, finding wholesale suppliers, manufacturers and dropshippers is easier than ever. Therefore, with the help of a simple online store builder such as Shopify and an online supplier directory, you could have your new ecommerce business up and running within hours.

Want to learn more? Master the step-by-step process you can use to create your ecommerce business using the infographic below:

3 Bad Customer Support Stories Your CSRs Can Learn From

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In spite of the fact that customer support is one of the most important things for any company to focus on, there are actually a lot of different companies out there that offer some truly terrible service in this department.

#1 Comcast

Comcast is one of the most popular cable providers out there but in spite of this fact they have terrible customer service. The problem here is that they just don’t care. They regularly miss appointments and drag on the customer support experience for most of their customers. They are able to do this because they have a monopoly but it has resulted in a very poor opinion of them overall in the market, and is going to certainly lead to some serious problems for them in the long run. Avoid being like Comcast at all costs!

#2 AT&T

The problem with this company is that their service is utterly terrible. The call quality is terrible, the data plans are terrible, and the 3G speeds are often throttled in order to make sure that customers do not end up using too much data. One of the most important aspects of customer support that you could possibly look into is making a product that is good in the first place, ensuring that the people that are using your services don’t have a reason to complain. AT&T does the exact opposite of that, creating a product that is very poor indeed and not caring what customers have to say about the experience they are going through.

#3 PayPal

This is a company that deals with people’s money, but the terrible thing is that they are often very laissez faire about the money that they hold. You could find your money suddenly disappearing because of the fact that the people you received it from filed a complaint, and in most cases PayPal is going to make it very difficult indeed for you to get that money back. What you can learn here is that you need to treat your customers like they are your responsibility, and you need to be open and transparent about how their complaints are being processed.

If you want to avoid ending up like one of these companies it is highly recommended that you get Kayako’s ticketing software. This can help you handle a lot more volume and drastically improve the quality of your customer support. At the end of the day, human CSRs are going to be quite limited in what they are able to accomplish. If you want them to succeed and if you want your customer support to become something that people will look at in a positive light, automation is the way to go, especially if you are automating in such a manner that the regular people that work for you and depend on you for their regular income don’t end up getting dealt a bad hand and have to go through financial hardships.

AI, blockchain and the future of insurance

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by Nadeem Shaikh

This photo, and hundreds of others like it, are becoming defining images of our age. Mexico beach in Florida was destroyed by the impact of storm Michael. This house remained standing while its neighbours were washed away. As the insurers move to assess the damage of this season of storms they are increasingly turning to artificial intelligence to make their assessments. In the future of the Fintech industry it is the use of AI and blockchain that will define those products that breakout from start ups to become market leaders. The process of thinking about the application of these new technologies begins with thinking about this picture.

There are three ways in which AI can help the insurers and the insured in dealing with the aftermath of this terrible event and can make judgments based on it to inform financial decisions in the future. First, AI can look for patterns.  Second, AI can interact with customers.  Third, AI can use Blockchain to change the way insurance works.

AI can explore the vast amounts of data that are collected on people every day. If you think about your retail transactions, every single thing you buy in the supermarket becomes a data point about who you are as a person. Retail has fully embraced this technology. Advertising is tracking your online shopping to reinforce and seek another purchase. Your personalised discount vouchers echo your purchase history. This is now being increasingly applied by the insurance sector. The search for patterns is obviously useful in fraud prevention. If transactions on an account suddenly change their pattern, machine learning can spot that pattern change and respond. Patterns in weather are obviously also going to make a significant difference to insurance dividends in the future. The New York Times reported: “After Hurricane Andrew, a Category 5 beast, ravaged Miami-Dade County in 1992, new construction in the southern portion of the state was required to withstand 175-mile-an-hour winds. In the coastal Panhandle counties affected by Michael, the requirement is lower, for 120 to 150 miles an hour, and the rules for certain kinds of reinforcement have applied to houses built more than a mile from shore only since 2007.” The people who built this house, built it to withstand winds of 250 miles an hour. Weather patterns are changing so rapidly that it may only be AI that can keep pace and keep insurers and the insured informed. These patterns will change much more quickly than building regulations will adapt.

In addition to these kinds of assessments, AI can look for deeper patterns in risk management and increasingly in predictive analytics. This has long been used in algorithm based trading, and there will always be room for more Fintech innovation in that space, but now the use of satellite imagery linked to big data sets is making an entirely new generation of commodity trading tools more widely available. In turn, looking for patterns in these daily and sometimes hourly images that have a zoom capacity down to 41cm, can spot building regulation violations, absences of planning permissions for new builds and movements in water bodies that indicate changes in flood threats. Drones and the Internet of things also provide rich fields for exploring the collection of big data sources. Fintech innovation in insurance and other areas is using all of these tools and more.

The other dimension of AI is the interaction with customers. So many simple financial transactions are routine, repetitive and functional, chat bots, automated voice responsive systems, can be used to handle more and more of them. As natural language processing advances, these systems should become better and fintech innovators are working hard to make them more responsive and human like in their interaction. These advances are absolutely essential in the use of AI in marketing from direct calling to the algorithms that place adverts on the goggle search pages we use.

All of these features come together in the application of block chain technology to the insurance sector through three mechanisms that combine elements of all of the above: Smart Contracts, Smart Assets and Smart Execution. For most people, most of the time, insurance was something running in the background and the contracts on which it was based were passive tools. They might come into play at the end of a life or in the rare case of a flood but otherwise they were usually hardily looked at and frequently never read by the customer. Today and in the future, we need Smart contracts that can adapt to changes in circumstances and use consensus-based logic to agree on the meaning of those changes. As climate changes, for example, a Smart contract can reflect changes in circumstances. As banking and insurance opens up, and consumers are able to compare prices between providers much more easily, Smart Contracts could develop the capacity to be price comparison vehicles. In turn, Smart Assets might develop into virtual representations of at risk property that spread their insurance across a range of providers to maximise cover and the possibility of claims being awarded. Finally, when claims come in, especially in mass incidents, that will only become more frequent as climate change worsens, Smart Execution, the fast efficient transfer of data to make assessments and then rapidly make the right payments or arrange the right services, will become the norm.

The possibilities are endless. The Fintech industry might have been slower than retail to realise the opportunities of AI, but in areas like insurance, they may have no choice but to embrace innovation with both hands or be left behind because the application of AI to blockchain allows for completely new entrants to these markets who understand how to use these technologies to stay one step ahead.

Brexit Woes Fuel Powerful E-Commerce Platforms

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Once again, it seems as if all eyes are focused upon the ongoing Brexit negotiations. While a great deal of progress has been made, the fact of the matter is that both sides still seem to be falling short of their respective marks. Recent comments by Prime Minister Theresa May seem to indicate that there is a long way to go (1). Unfortunately, time is running out. Unless the United Kingdom and its European counterparts come to some sort of agreement, it is likely that domestic UK-based businesses might take a slight hit once the new regulations come into effect. Some analysts would call this scaremongering. However, it is only prudent to assume that some economic disruptions will occur. This is why a growing number of enterprise-level firms are choosing to outsource their e-commerce solutions to trusted providers in order to tap into a larger consumer base in the near future. Why is e-commerce taking centre stage in terms of fiscal success and what options are available at the moment? 

Smart as Opposed to Hard: Leaving Guesswork at the Door 

It can be argued that the largest “ghost” associated with the Brexit involves the sheer amount of uncertainty that currently exists. This has many analysts worried; particularly those who have stakes on both sides of the border. Such concerns have naturally trickled down to individual businesses. Modern e-commerce platforms such as Shopify are able to provide a level of flexibility that would not be possible with the use of more traditional methods. Some profound advantages include: 

  • The ability to successfully target an international audience. 
  • Attracting high-value B2B customers. 
  • Numerous pricing plans. 
  • More than 100 payment gateways. 
  • Support for multi-channel marketing. 

All of these attributes will enable a UK-based business to rise above the potential volatility that might be associated with a so-called “hard” Brexit. The next question involves the options that entrepreneurs can select. 

Powerful, Agile and Intuitive 

In terms of effective and efficient B2B ecommerce solutions Shopify is at the top of its game. While other platforms such as Magento and BigCommerce might have turned professional heads in the past, the fact of the matter is that neither of these providers were associated with a user-friendly architecture. Those who did not already possess a certain amount of past experience would often encounter problems in terms of implementation and subsequent updates. Such issues are no longer a concern when leveraging the tools associated with Shopify. As a result, B2B sales can be expedited and the cloud-based platform itself is able to be implemented without disrupting ongoing in-house operations. 

The expected outcome of the Brexit is far from certain. However, there do indeed appear to be clouds on the not-so-distant horizon. Politicians and policymakers may still be able to come to some type of agreement. It is nonetheless prudent that domestic businesses begin to take the steps necessary in order to enjoy a greater degree of stability in the coming months. 

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