Economy

The Impact of Money Laundering on the Global Economy. Can AI?..

Money laundering is a serious issue that affects the global frugality in a significant way. It’s the process of hiding the true origin and power of immorally attained finances by passing them through licit fiscal channels. Culprits engage in this illegal exertion to avoid discovery and execution for their lawless conditioning, similar as medicine trafficking, arms smuggling, and mortal trafficking. The impact of Money laundering on the global frugality is substantial, and it affects everyone, from governments to businesses and…

Read More

Revenue Boosters in a Rough Economy

Despite a rough economy and a return to in-person shopping, plenty of online stores are thriving. Many sell non-essentials, and some are penetrating new markets. They remind us of the fundamentals of generating ecommerce revenue: Attract new buyers. Gaining new customers often relies on advertising, which can cost serious money. Consider giving existing customers loyalty points or store credits in exchange for bringing new buyers. Entice existing customers to return. Current customers are the easiest and least expensive to convert.…

Read More

What you need to know about the circular economy

The newest generation of consumers entering the marketplace grew up with different values than their predecessors. To them, the Industrial Revolution wasn’t one of humanity’s most outstanding achievements. Instead, it marks when civilization began destroying the planet at an increasing speed. Not only does this younger generation expect sustainability in their products, but their ideas are beginning to rub off on their parents. Now, consumers of all ages demand changes to the previously linear system. In this familiar scenario, manufacturers…

Read More

Shopify Drops as Investors Fear Large Spending in Weak Economy – Ecomhunt Blog

Photo by Roberto Cortese on Unsplash Shopify shares fell 16% on Thursday after the Canadian tech giant’s poor first-quarter sales forecast, and increased cost predictions heightened investor fears about aggressive spending in a weakening economy. “Our outlook reflects the prudence that we think is necessary in this macro environment,” company president Harley Finkelstein said in an interview on Thursday, reported Reuters. Pandemic-related delays enabled the company to briefly become Canada’s most valued firm. Still, internet demand slowed as economies reopened,…

Read More

Home Based Business – The Next Big Thing In The World’s Economy

[ad_1] With the recent slowdown in the economy, millions of people across the globe have lost their jobs. It has become difficult for these individuals to support the daily expenditure of their families. They have started looking for alternative means of income, which is stable and does not get affected by the unstable economy that has already caused them considerable damage. With the advent of the internet and technology, the world has shrunk. Internet has emerged as a powerful tool…

Read More

Network Marketing Business Opportunities Are Great For a Suffering Economy

[ad_1] So why are network marketing business opportunities so good in an economy that is not? Well for one, it is a home based business. You are not going to need a new office or storefront to get started. Fact is, you do not even have to stop working your present job to get started. Since building your Network Marketing Empire can be started part-time and in your spare time it allows you to easily keep working it until you…

Read More

Make Money Online in a Crappy Economy – Do it With Paid Online Surveys

[ad_1] Making money online is nothing new, but it’s also very oversimplified and heavily touted as the new “get rich quick” scheme. There is so much information online that claims to answer all of your financial problems that it’s hard to see the trees through the forest. That is to say, that there are plenty of scams out there, but if you look closely you will find hundreds, if not thousands of ways to make money legitimately online. One very…

Read More

How Retailers Can Navigate the eCommerce Economy: Part 1

How much will eCommerce spending change with current economic projections? The answer is more complicated than you’d think.  There are a lot of mixed signals about the post-peak-pandemic and pre-recession economy. After lockdowns lifted, many expected spending to persistently swing back toward brick-and-mortar retail. In reality, the swing might not be as dramatic as projected, with spending remaining somewhat flat. The increase from Q1 2022 vs. Q1 2021 for in-person shopping was just 3%.  Some say eCommerce demand is cooling…

Read More