There is a saying “Starting a business is difficult and maintaining a business is even more difficult”. The truth is the competition indeed is getting more and more fierce along with more players joining the game and competing with you. New customer acquisition costs are definitely increasing, so the question is how to sustainably defend your business and maintain the customer loyal to your product and service. It’s for the purpose of maintaining business competition cutting-edge at the end and avoiding losing profit or even losing money. Understanding your customer lifetime value and calculating, getting a right number to refer is vital.
Global stock market is just like a roller coaster now, and if you are the passenger in the game, you might have a true feeling how exciting it is. Definitely we have alternatives out there, such as cryptocurrency, gold, etc. And private equity investment must be one of the options and eCommerce is a hot spotlight space. You can calculate the gold price by observing the historical trend and worldwide political, economic events. For the eCommerce business valuation, you can also have a calculator.
Business is essentially a calculation. Based on the calculations that integrate with external and internal factors, people can stand on a giant shoulder and evaluate the current status and predict a more precise future. It’s not 100% correct, as the change is beyond the plan. However, it ensures you are indeed on the way to the goal instead of going the wrong way. The goal here is profitable whatever strategies you are implementing. And in the eCommerce space, SKU profit margin calculation is applicable as well.
Indiegogo is an online crowdfunding platform that brings Users together to support crowdfunding campaigns featuring innovative products, creative design, and inspired ventures. It allows brands to launch and seek to raise funds for their own Campaigns and to contribute to the Campaigns of others. Campaign Owners can offer Perks to Contributors in thanks for the Contributors’ donation of funds.So do you want to consolidate all most funded projects in different sectors and categories by just spending 10 seconds. This is why this article is about today.
Data intelligence is not a term to show off how you are good at using data to make right decisions. I believe nobody can say we have a right stock investment decision with 100% correct prediction. Data intelligence is like an advisor giving you a way to see the big picture and inspire you with new ideas, and be along with you in the critical thinking and analysis journey. The question is how to scably and automatically collect and update the data for CCA. This is what the article is about today – FMP Bot using FMP API
Innovation and creativity ahead often are driven by capital. So as an eCommerce player in your space, it’s helpful and useful to notice the capital flow or projects paid attention to by the investors. There are many crowdfunding platforms out there, and frankly, there are many future stars that you might not be able to find on Amazon. But this is something we might be more interested in, for spotting a potentially profitable project. The question is how to automate collecting intelligent insights. So this is why this piece.
China’s general trade business and companies might be in a way impacted by the cancellation of GSP treatment, or called the Generalized System of Preference treatment. Although it also depends on what product category of export business, tariff percentage implies the enforcement of reduced profitability or increasing the prices. Pros and cons always come together. The momentum of growth on D2C cross-border eCommerce, on the other hand, is rising. The question is how to evaluate the cross-border eCommerce business potential if you spot this is indeed an investment and monetization opportunity.
Investment is an eternal topic and discussion, particularly in an inflationary economic environment for the purpose to keep your money’s value. It’s no double that the stock market is one of the best options. Stocks offer investors the greatest potential for short-term trading, or growth over the long haul. But stock prices move down as well as up, the question is how to be a real investor instead of speculation
US Dow Jones stock market capitalization ability is super strong, which is a kind of a no-brainer if you show off this finding and tell this fact to investors. No matter if you are a big investor, or a small player to resist money devaluation. The US stock market must be one of your options in the investment portfolios.
Having said that, except for the stock investment strategy, as creating a stock account through a smart finance app is not that easy for non-us citizen, so the first question or discussion focus as a non-US citizen is supposed to be how to invest in the US stock market and which smart finance format can offer you the best efficient frontier in terms of cost and returns, rather than only choosing the traditional brokerage agents.
This article is not sponsored by SoFi or its related parties, and I just like to share my view on how to create a SoFi Invest account for any non-us citizen investors, along with why SoFi and the core feature review. By the end of this piece, you can learn the tips to create the account, deposit the money, and start investing the portfolios in the US stock market investment.
Most international and cross-border sellers like me did suffer from creating a bank account in the buyer market, in order to receive payments from the oversea buyers. It can be because of high charging fees that eat out the profit, or back and forward admin and verification process, or even the waiting length for approval however in the end the result might be a failure.
Likewise, locating the office in Hong Kong and running a global eCommerce company cannot move on without a business bank account as well. Particularly if you are running a small company or incorporated company, you should have probably heard of the challenges of setting up a bank account in Hong Kong for foreigners. Or even if you are a permanent HK resident, it’s very difficult to create a USA bank account to receive US Amazon selling business payments from buyers as well.
In this article, I will take the Hong Kong market as an example, and introduce HK B2B virtual bank options, which you should know and leverage to manage the international and cross-border payouts. By the end of this piece, you can understand the value of B2B virtual banks and the methodologies behind them, and select the most proper one for your cross-border business no matter if your business is located in HK, or other places worldwide.