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.
Israeli Prime Minister Benjamin Netanyahu discussed COVID-19 vaccines and other ways of ending the pandemic at a video conference with world leaders. The video conference was hosted by the Chancellor of Austria, Sebastian Kurz, with the participation of the Prime Ministers of Austria, Norway, Denmark, Greece and the Czech Republic.
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.
China on Thursday announced new restrictions on entry to the country by travelers from several European countries due to the second wave of coronavirus infections. Many countries have seen their highest number of cases of the entire COVID-19 pandemic, which began in Wuhan, in China’s Hubei province, in October 2019.
Via the social media platform Twitter, Pope Francis expressed his “pain and dismay” over the Vienna terrorist attack, in which five lives were lost. He demanded an end to violence to build peace “together” in society, and to live without hatred. One of the suspects of the attack, a young man aged 20, was shot dead by police.
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%.
The President of Turkey, Recep Tayyip Erdogan, implored the citizens of his country Monday not to buy products from France. His remarks came in retaliation for the strong position taken by France against Islamic groups, following the beheading of one of its teachers by a radical Muslim young man.
In separate meetings with his Azeri and Armenian counterparts, US Secretary of State Mike Pompeo called for an end to the war in Nagorno-Karabakh. Azerbaijan has stated that it is ready to resume political talks after the occupation of Nagorno-Karabakh by Armenia.
The European Union discussed (but failed to agree on) sanctions against Turkey over the weekend, Euronews reported. Several countries want to punish Turkey for violating the sovereign rights of Greeks and Cypriots in the Eastern Mediterranean. However, Germany, Spain, Italy, Hungary, and Malta blocked the proposal.
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.
Greece is set to send three ships to Lesbos to help house displaced migrants in the island. The decision was arrived at after thousands of migrants in were forced to spend their nights in the cold after fire gutted down the largest migrant camp earlier in the week. About 2,000 migrants will be housed in the ships.
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?
In the early hours of Wednesday, a fire broke out in several parts of the Moria refugee camp on the Greek island of Lesbos. The wind ignited the fire and spread it throughout the camp and its surroundings. Twenty-eight firefighters tried to contain the blaze with eight fire engines. The fire is now under control.
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.
NATO Secretary-General Jens Stoltenberg announced on Thursday that the leaders of Turkey and Greece had agreed to continue their NATO-led talks and meetings after meeting with him. Turkey and Greece claim ownership of the oil and gas resources of the Eastern Mediterranean and have escalated into a military conflict in recent days.
Russia is expected to change the policy to reflect the upcoming geopolitical conflict in the Eastern Mediterranean. It should be noted that Russia does not have a traditional or historical attachment to this conflict. However, the conversion of Hagia Sophia into a mosque by Turkey impacted the Russian Orthodox Church and caused a wave of dissatisfaction.
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:
- Sell directly to customers via your website.
- Sell to retail stores, which then sell to customers.
- Post at a wholesale distributor, which sells to retail stores.
In our small business we are involved with all three, but I would like to introduce you to wholesaling online, a newer global concept.
The European Union renewed its support for Greece and Cyprus which has heightened fears of a possible military confrontation in the eastern Mediterranean. The dispute is with Turkey over the wealth of the Eastern Mediterranean. The EU has threatened Turkey with more sanctions, but stressed in return the need to give diplomacy the opportunity.
France’s President Emmanuel Macron on Friday said that Turkey wants action against itself . It does not want to understand the way of negotiations. France is also a member of NATO. Recently, France has opposed Turkey over Turkey’s role in NATO and Libya and its ambition for a gas reserve in the Mediterranean.
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.
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.
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.
Turkey has issued a new notification to captains of Mediterranean vessels, via the NAVTEX international automated notification system. Sunday, as reported by NTV, NAVTEX is an international automated direct-printing service for promulgation of Maritime Safety Information (MSI), navigational and meteorological warnings, meteorological forecasts and other urgent safety-related messages to ships.
Tensions between Turkey and Greece in the eastern Mediterranean over oil and gas resources are rising. Meanwhile, the announcement of French military reinforcements sent to the eastern Mediterranean, and France’s support for Greece, has exacerbated these tensions.
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.
Amidst continuing tension between Turkey and Greece over gas exploration, France announced it was sending two fighters and two warships to the Eastern Mediterranean, while Turkish President Recep Tayyip Erdoğan stressed that the “only solution” to resolving the conflict with Greece is dialogue.
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.
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.
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.
Everything is possible with proper planning and tactics. Right now, the world is rapidly shifting towards online platforms and that is the reason, there is an increase in the competition. With so many options available on the search engines, how to prompt the user to visit your online shop? How to attract them to browse your catalogues? How to make them buy products from your website? Well, these are some of the very basic questions that most of the owners of online shops have in their minds. That is why we are here to help you in boosting your reach and traffic so that you can increase your sales in an effective way!
Planning a wedding comes with loads of challenges, but nothing will top the difficulty of finding the perfect wedding dress. Ask any lady you know about the most stressful thing they had during their wedding season. You will most likely hear them talk about how long it took them to find the right dress. Truly, wedding dress shopping can be a pain, but only because you want everything to turn out perfectly. As such, many have considered turning to the Internet to buy their wedding dress.
Coffee is a magical drink that wakes many of us up early in the morning and lets us stay alert through long shifts. You can fine-tune your brewing techniques as much as you want, but the coffee beans you are using will have the most significant impact on the taste. If you’re not getting the finest coffee beans you can, you’re missing out on a good, high-quality coffee.
Respiratory droplets are the main way of transmission of the Covid-19 virus. For now, there is no scientifically confirmed and convincing evidence that coronavirus can be transmitted through food or other unanimated objects. However, the danger of getting infected while shopping still remains.
The highest risk of shopping relates to being among potentially infected people. However, the Internet is bursting with numerous tips on disinfecting all surfaces and purchases, avoiding cash and opting for online shopping. Which of these tips really work?
A gadget is a little apparatus; for example, a machine that has a specific capacity; however, it is regularly considered as a curiosity. Gadgets are electronically disentangled applications that make work simple. They assume a massive job in the regular man’s life, and we have become so accustomed to it that it turns out to be hard for us to consider day by day life tasks without machines.
Whether you are making a new product or getting rid of something you no longer need, selling items online is a great way to make some extra money. Putting these items online exposes them to a large number of people in a very short time. While this makes it a lot easier to find the right buyer, there is still a lot more you need to do in order to close the sale. These are seven professional tips for selling items online.
Using your credit card online to make purchases can be a fast and easy way to make shopping a breeze. However, there are many things that could go wrong, and lead to you having your credit card data stolen. This is a worst case scenario so you want to make sure that you know how to avoid putting yourself into risky situations. Let’s take a look at five tips you should know for using your credit card online safely.
The online shopping experience is a profitable venture for businesses to make money. It’s equally profitable for users because they can discover the best deals without leaving home and get must-have items delivered to your door. While businesses will do their part to make online shopping fun and safe, users must rely on common sense to get the best deal without getting scammed. Six tricks will get users started on the path toward savvy shopping.