Electronic payments have revolutionized the online retail industry. People are making purchases as easy as a tap, click, or swipe. With the onset of the COVID-19 pandemic, the global digital payment market witnessed a sharp spike in 2020. It is expected to grow from $79.3 billion … [Read more...] about 5 Ways to Secure Your Electronic Payments
Business
What is Dropshipping and Why Is It So Popular?
With record numbers of people currently shopping online – especially due to the COVID pandemic - the ecommerce industry is currently in its prime. 62% of US consumers shop online more now than before the pandemic, and one UK survey even found that 74% of respondents across all … [Read more...] about What is Dropshipping and Why Is It So Popular?
The Business Side of Music: 10 Facts About the Industry
Music moves people, shapes governments, and defines generations. That is why many people enter the music scene with the same attitude as any eager businessman. According to the International Federation of the Phonographic Industry (IFPI), the music industry is worth … [Read more...] about The Business Side of Music: 10 Facts About the Industry
Porter’s Five Forces Model for Small Business
If you're looking to form a business plan, then perhaps you've heard of Porter's Five Forces, as it's typically used as a model to help businesses cover every corner of their plan. These five forces help act as a foundation upon which you can then build your business plan. But … [Read more...] about Porter’s Five Forces Model for Small Business
Walmart Mission Statement: A Closer Look
When Walmart first opened its doors in 1962, it swore to make a difference in the lives of its customers by helping communities to save money which will allow them to live a better life. At first glance, this seems like a good mission statement, but at what cost? Over the … [Read more...] about Walmart Mission Statement: A Closer Look