Manufacturing Buyer is changing
The world markets for manufacturers and online eCommerce has and is radically changing. Where today’s buyers of manufactured goods are rapidly adopting the newer approaches, they are adopting a much faster and more effective shopping path for manufactured goods, especially in developing counties.
Getting in one last bit of work before the long weekend, the US Census Bureau released its Monthly Advance Economic Indicators Report for October on the day before Thanksgiving. Advance wholesale inventories were up for the month of October, by 0.9%. The August to September percentage change was revised from up, 0.4% to up 0.7%.
Pope Francis today formally appointed 13 new cardinals drawn from four continents and eight countries, in a ceremony marked with strict adherent to coronavirus pandemic spread restrictions hence only a small crowd was allowed to grace it with the venue of the event, St. Peter’s Basilica practically empty.
Late last month, sports equipment company Under Armour announced it was cutting ties with some 2,000 retailers over the next two years. In doing so, Under Armour would focus on building up its direct-to-consumer business. Promo Marketing reported a more than 50% growth in Under Armour’s e-commerce business during the third quarter, with a 17% increase in direct-to-consumer sales.
The Philippine economy contracted at 11.5% in the 3rd quarter. The previous Philippine quarter GDP declined by 16.9% and was the worst quarter recorded in Philippine history (two negative quarters of GDP is the definition of a recession). Having two quarters of double digit declines is unheard of, and puts the Philippines in one of the world’s most severe recessions. The third quarter double-digit decline was much more severe than what the market projected and more severe than regional peers. The 3rd quarter decline of 11.5% was significantly deeper than the median estimates of 9.6%.
China and 14 countries in Asia and the Pacific have signed the world’s largest trade agreement. A treaty that declares war on Europe and the United States. It is the world’s largest free trade agreement, accounting for one-third of the world’s gross domestic product.
You probably never dreamed you’d be in search of a job during a global pandemic. Talk about challenges, right? Okay, before you get down and think your chances just slid to the floor, let’s look at what you can do to make the most of your time, and how you can land that next job interview.
One of the first things to consider is how you present yourself to others. Have you evaluated your personal brand lately? What makes you a valuable candidate to prospective employers? How will you stand out in a crowded marketplace? What transferable skills do you have? What are your strengths and how can you amplify them? Consider what courses are available to help you stay competitive in your industry. By evaluating your personal brand, you’ll get an overarching view of how potential employers see you.
Necessity is often the mother of investment. The Great Lockdown, itself made necessary by the coronavirus pandemic, has caused the disruption of many sectors of the economy, a tidal wave of business closings, and even the collapse of entire industries. However, as is often the case in economic downturns, it’s not all bad news.
At least 16 people have been killed in the Philippines following a deadly Super Typhoon. It is estimated that one million people have been evacuated in areas considered a pathway for Super Typhoon Goni. The country’s disaster agency said that around 19 million people have been affected by the typhoon.
In the Philippines, authorities announced that the number of people killed by the deadly Typhoon Goni has risen to 20. The typhoon is considered the strongest this year, and it has left a trail of destruction in that archipelago. Communications with the areas affected by the weather remain cut off.
On Wednesday, the U.S. Census Bureau released a preliminary report on data pertaining to wholesale inventory for the month of September. Wholesale inventory in the United States was shown to have decreased by 0.1% in September. This is compared to a 0.3% increase in August, which itself was revised from 0.4%.
Tens of thousands of people have been displaced after a strong typhoon hit the Philippines on Monday. The victims were forced to flee from the raging flood waters. At least 75 people took shelter at evacuation centers. The office of civil defense said that schools and government buildings were turned into evacuation centers so as to accommodate the displaced persons.
The Associated Press reported last week that US wholesale prices jumped 0.4% in September, continuing a three-month trend. This is in contrast to a Reuters report, also from last week, which showed a 0.8% drop in Japanese wholesale prices over the same month.
Philippine President Rodrigo Duterte lifted a ban on oil exploration in the disputed waters of the South China Sea. Energy Secretary Alfonso Cusi looks forward to speeding up negotiations with Beijing on energy cooperation projects. The Philippine government also expects China to allow the Philippines “peacefully” in these waters.
Earlier this week, Reuters reported that Japanese wholesale prices fell by 0.8% in September, marking the seventh consecutive month of year-on-year declines. Prices also declined by 0.2% as compared to August, the first on-month decline in Japan in four months. Their data was courtesy of the Bank of Japan (BOJ).
India’s GDP has just dropped by a whopping 24% in the last quarter, one of the biggest drops globally. The core reason for this significant decline was that India had one of the strictest COVID 19 economic lockdowns in the world.
This greatly and negatively affected the livelihoods of millions of Indians. So what can Indians do to repair their economy and increase lost incomes for their millions of citizens? A study has shown almost all countries need to grow and establish new Global Value Chains (GVC). Almost nothing has been proven better to raise incomes and reduce poverty, while requiring very little government involvement or costs.
Many industries and sectors across the global economy have greatly suffered as a result of the coronavirus pandemic and the associated recession caused by the Great Lockdown. Demand for some goods and services has simply collapsed, while in other areas, the means of distributing them to retailers or consumers has been severed or greatly disrupted.
Indonesia is the largest economy in Southeast Asia, both in terms of population (267 million people) and economic size with a GDP of $1.12 Trillion.
Can this archipelago’s future economic growth match demographic youthful transition for the next few years with an average age of their citizens at 30.5 years? Studies have shown and Indonesia needs to expand their global value chain, as it has been proven to raise incomes and reduce poverty.
The coronavirus pandemic, and the associated Great Lockdown designed to contain it, have wreaked havoc on the global economy throughout 2020. The global wholesale market is no exception. Forecasters believe this typically robust market will experience an industry-wide decline over the course of the year.
Shop The Globe is a fast growing online wholesale option and we believe that if you’re a buyer or seller you need to start reviewing these very unique options for products. This is truly a better global wholesale platform.
Shop The Globe is already providing unique options on a truly global platform with interests from the countries of Vanuatu, Australia, Thailand and of course many here in America.
RangeMe is a service that specializes in helping connect wholesalers to buyers. They offer their services with two different perspectives: sServices for the buyers, and services for the wholesalers.
Buyers are of course offered accounts for free. It’s a great way to browse products and find connections to new providers you may not have had dealings with before, all at your fingertips. The wholesaler side of the business is a bit darker though.
We are seeing a massive migration to the internet for our business needs. This has been one of the largest business migrations the world has ever seen, but many small manufacturing companies have not even updated their websites in years, not to mention expanded and leveraged a more efficient online capability.
Is it now time for small manufacturing to enter the world markets?
The internet and business landscape are changing at rates not seen before. With this incredible change occurring right in front of us, why hasn’t the online wholesale industry adapted and become more efficient? Instead, there seems to be very little change and increased efficiency over many years.
For example: We believe each wholesale company today should have their own global storefront.
Is the global free markets wholesale business the most inefficient market in the world?
With the exposition of the internet and online retail business, has the wholesale market kept up with its peers?
Not only has the wholesale market not kept up, but the industry’s failure to keep pace with Amazon is a key reason why Amazon has been so successful and the wholesale industry has done very poorly. Amazon reached out to the Chinese wholesale industry directly with many seminars in China, and Amazon even started their own shipping business to move goods from China to the US and then directly into their prime marketplace.
As a wholesaler, you can increase sales and global awareness if you know how to find the right platform.
There are three basic ways to sell your product:
In our small business we are involved with all three, but I would like to introduce you to wholesaling online, a newer global concept.
With today’s global world, having an ongoing income, self created inside your home, is now more important than ever. If your kids are staying home or the business where you work is closed, what are some of your options? Most economists are not looking at a fast recovery from the global pandemic as it has been roughly six months and little with COVID-19 has changed.
Buying wholesale online products and selling them at retail prices can be the foundation of a solid and vibrant business. The concept is very simple: find an outstanding product, one that hopefully is unique to your business, purchased at a low price. Then sell it at a higher price, and repeat.
Many people like to spend their free time relaxing at home or with friends. They do this to unwind from their 40-hour a week job.
However, you should consider sacrificing a portion of your free time to invest in your career, especially during the global COVID-19 outbreak. Many of you are working remotely during the pandemic, giving you the extra free time you can allocate towards learning a new skill.
Are you a merchant in a country or far away location and want to greatly improve your presence in the online wholesale world? If you believe your products should be shown in many online stores around the globe, it might be easy to solve this issue. Review Shop The Globe to improve and lower your cost while improving your access and ease of use.
One of the better ideas for your career is to become your own boss. Today, one of the simplest ways to achieve this goal has arrived: set up a side gig or a second at home gig while you still have a full time job, let your day job provide safety and security until you can make it on your own.
The most exciting part of starting a side gig is that it can create a new and better career with unlimited growth opportunities that you can only achieve by being the owner of your own online gig service. To succeed you need to have an entrepreneurial mindset; you will need a strong drive and see the side gigs as a way to find your future success. If your goal is to be an entrepreneur, and in charge of your own career, then a side gig is a very good way to advance your career. The most immediate reward is making more money on top of your regular pay, especially in a volatile COVID-based economy.
The problem with today’s internet is that the world’s wholesalers and distributors are still using their 1900’s model; there has been little if any significant change, even though we have seen incredibly robust change in the world that has created a new retail online category. Manufacturing also has seen gigantic leaps with micro companies. These companies are involved with the creative design and development of new products, but they hire out all their manufacturing. They have seen strong growth popping up all over the world.
The German Federal Criminal Investigation Bureau has officially issued an arrest order against Jan Marsalek, the former chief operating officer of the defunct German payment processors Wirecard. Not long ago, another German businessman who was closely related to the Wirecard scandal died in the Philippines.
One of the first ideas to consider before you open an online wholesale website is to better understand how the wholesale supplier system works, and better yet a system that can work for your online store.
The issue with online store shoppers:
Most wholesale systems are spotty at best; it’s an eclectic collection of very random unhelpful “register first” websites. Many are in the US but most are sprinkled everywhere in the world. Most of these sites are OK, many are great, but quite a few just waste your time with a long registration process and fees.
The Philippines and Manila are some of the hardest hit economies due to COVID-19. Now the Filipino unemployment is forecast to be 22.5%, up from only 4.5% before the global epidemic. When an economy falls in the range of 91-92%, it is very unlikely it will have a sharp quick recovery. This Wuhan Virus caused the first recession in the Philippines in 29 years, with second quarter gross domestic product showing a decline in almost every single element of the economy.
Businesses to business, or B2B companies, do require an all-around thought out and innovative marketing strategy. When you first consider B2B marketing systems, your brain may go directly to the immediate and outbound procedure. You might think about sending messages directly to forthcoming customers (your generated lead). It might work out that way sometimes; however, it’s not generally the ideal approach to get new customers. Hire services from a reliable digital marketing company.
Do gig sellers receive enough sales? At Freelance Global Gigs (FGG) Low Cost Marketplace we think that answer is no, but what makes us different is that we are working hard to do something about it. That is why we work so hard to help promote the gigs that post on our low cost platform. Now we have two distinct services to get your name out and digitally market your services globally.
“The Internet was meant to make the planet a smaller place.” As indeed quoted by Max Waters, this unbelievable invention initiated the journey to digitalization and created a new perspective on virtual intelligence that facilitated a connection beyond geographical boundaries, anywhere on this planet.
From a top view, the skills required to become a successful Software developer is very different from the skills needed to become a successful Project Manager. However, it is worth noticing that almost every software developer’s career journey passes through a point where he or she has to take care of IT projects. In this article, we will pay attention to the skills necessary for every software developer to transition from the role of software developer to project managers.
We wanted to offer our global viewers more than just online services. Don’t get us wrong, we like online services, but we wanted to do more, so we will soon open Shop The Globe where hopefully you could make local products and sell them on a global platform. We want to give the little guy the opportunity to introduce their products to the world. The vendors will have no listing costs, and will only pay a fee if a sale is completed. Most small companies have limited global or even countrywide awareness, and we will be able to provide this type of service.
Freelance Global Gigs (FGG) Low Cost Marketplace is now publishing both global news about freelance gigs, and also (just now launched!) individually based gig news in almost every country– providing each country and major city basic services and information, in several local organic languages.
The popularity of fashion is never fading. Every year, a new trend of fashionable clothes, bags, shoes, and accessories are displayed in stores. However, there are times when walking around the mall looking for an outfit will be tiring. Sometimes, the malls can be overcrowded with people, and you have to wait in a long line to pay for what you want. If you are in a hurry, this might be an issue for you. An online boutique clothing store is perfect for individuals that do not have the patience and time to hit the mall and look for an outfit they want.
Anti-virus software is also referred to as anti-malware, a computer virus to prevent, detect, and take away malware. They are used for real-time protection, on-access scanning, background guard, resident shield, auto protects, and other synonyms asked for by the automated protection provided by most anti-virus, anti-spyware, and other anti-malware programs.
SEO is the process of planning, outlining and implementing strategies to get more organic web traffic. There is continuous growth in SEO strategies from advanced promoting, new patterns to new updates, and devices that upgraded our procedures and systems and perform better by and large but there is always more space for development.
The year 2009 might seem quite close and quite far from different perspectives but when it comes to the field of technology, there is no question that 2009 is quite distant! It was a time when smartphones were very slowly beginning to trickle in the market and Uber was just a small startup in California. The field of cryptocurrency and blockchain technology is one of the many fields that have grown by leaps and bounds in terms of expertise, acceptance, and relevance.
Etherum is the second most preferred wallet in the crypto world. It is because of its wallet infrastructure. The Etherum wallet has unique software that works on a decentralized platform and it is secured by the blockchain technology. As the Bitcoin prices are shooting up year after year, people are preferring Ethereum as their choice to invest or to trade with. In this article, let us discuss the top 10 Etherum wallets in the year 2020.
If you’re in design, graphics, a content creator or engineer, and you published online content, you can provide and post global gigs. Posting your services online allows you to make money and with some websites, such as Freelance Global Gigs (FGG) Low Cost Marketplace, even more money as a percentage of sales. Most people in the gig world start out simply, doing it part time, and eventually work full time into a career.
At Freelance Global Gigs (FGG) Low Cost Marketplace we want you to sell your gigs globally on our discounted freelance gig platform. First we made it very easy to sell your gigs. You go to our green button that says Sell Gigs and this takes you to the page to register as a Seller. You need to list the required information– we made it as easy as possible, so it only takes a few minutes and there is no cost.
US Secretary of State Mike Pompeo said that China’s territorial claims in the South China Sea were “completely unlawful,” and that China was attempting to control the area by “bullying.” This is the first time the US government has stated its position on the territorial dispute in the South China Sea.
A business laptop is a computer specially constructed to tolerate heavier workload and prolonged usage, making it particularly ideal for business work. They are built stronger, lighter, and are more efficient for rougher times and hectic situations. Some of them are also more secure and tougher than regular laptops for personal usage because a business laptop has more confidential files and cannot be afforded to be broken easily.
When the warmth of the summer sun hits your skin, it may get you itching to get out on the water. A boat is a great way to enjoy soaking up the sun, hanging out with family, and reeling in those trophy fish. To get your boat up and running, here are some tips you should follow when ordering your necessary boat parts online.
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