YouTube Video Links:
The Digital, On-Line, E-Commerce Trend:
https://youtu.be/wi1DBVdEHeU
Digital Education and Credibility Presentation:
https://youtu.be/3WMXu4kdXBo
Influencers and followings by Ambassadors Scottie Pippen, Daymond John (FUBU Apparel & Shark Tank), Joseph “Fat Joe” Cartagena, Jamie Foxx, Vivica Foxx, the Khardasians, Jennifer Lopez, Alicia Keyes, La La Anthony and partnership with DJ Khaled, an award-winning DJ, songwriter, record producer, media personality, record executive and entrepreneur.
A good reminder of worth, value and service ...
A lady wanted to purchase a beautiful handmade cake and spotted a cake maker who did absolutely amazing work, but she charged a good price too.
The lady thought that her price was way too high so she approached the cake maker and in quite an abrupt fashion stated "I want to buy a cake from you, but I think you charge too much!"
The Cake Maker was a little taken aback but replied "Ok, how much do you think I should charge?"
The lady replied, “I think you should charge “X” much, because the flour will cost this much, and eggs this much, and fondant this much etc. I have even factored in the price of a pan."
The final price the lady had calculated was a lot cheaper than the cake maker’s original price, but she said "Ok, deal. You will get your cake in a week".
The customer is very pleased with herself and she can’t resist telling all her friends what a fabulous deal she has negotiated and how smart she is, and that in a week she will have her gorgeous cake.
A week later a box with her cake arrives. She opens it and inside is flour, eggs, fondant etc. and even a pan.
Angrily she contacts the Cake Maker asking “How could you do this to me? I asked you for a cake and you sent me a box of flour, egg, fondant and a pan?!"
The cake maker quietly replies "My dear, you got exactly what you paid for, if you think that there is something missing, then you are absolutely right and you need to pay for it.
Moral of the story, when you buy a product or service, you are not buying just the materials and goods; you are buying the time, effort, skill, training, taxes, and daily costs of running a business. But more importantly, the love, passion and dedication that goes into providing a professional service.
22.5 million Canadians & 1.66 billion people worldwide purchase goods online
That is a large number of people trusting online websites to make their everyday purchases
The world of digital marketing has blown up
Having a digital presence is more relevant and important now than it’s ever been
More than 9,100 stores are closing in 2019 as the retail apocalypse drags on
Retailers are closing thousands of stores - Seph Lawless
More than 9,100 stores closed in one year.
Sears, Kmart, Party City, Family Dollar, Walgreens, and Barneys, are among the retailers that have recently announced store closings.
Payless has said it plans to close all of its 2,500 stores in what could be the largest retail liquidation in history.
The staggering rate of store closures that rocked the retail industry over the past couple of years is expected to continue in with more closures expected.
Retailers closed a record 102 million square feet of store space in one year, then smashed that record the following year by closing another 155 million square feet, according to estimates by the commercial real-estate firm CoStar Group.
"This year we are predicting more of the same in the retail space," CoStar senior consultant Drew Myers said. Retailers have announced more than 9,100 store closures so far this year, according to an analysis by Business Insider.
For Some Retailers, Few Things Last 'Forever'
WRITTEN BY RITA SILVAN | PUBLISHED
The fashion world can be fickle. A clever (and lucky) retailer can ride a wave of popularity for years, until one day — pop — the fashion pack moves on.
Both big brands and small have met this fate. Among the most recent is Forever 21, which filed for bankruptcy protection at the end of September. The fast-fashion chain has around 800 stores worldwide, many of which it plans to shutter - including all 44 of its locations in Canada. The company has said it plans to restructure to focus on its more profitable operations.
Forever 21's woes come just months after discount shoe retailer Payless ShoeSource filed for creditor protection and closed its 248 Canadian stores. It said it was ill-equipped to compete in today's retail environment.
Just what factors are playing into today's retail environment? It appears to be the culmination of several fast-moving trends converging: the unstoppable rise of e-commerce; changing consumer tastes among the Gen Zs (the generation after Millennials); the "woke" consumer focused on social responsibility; and a growing chasm between high-end and low-end shopping malls. Let's take a closer look.
The Gen Z Shopper
Gen Z, or those born between about 1995 and 2010, are the first true digital natives - growing up alongside the internet and multiple social networks. According to a recent study by consulting firm McKinsey, the keywords that define Gen Z consumers include uniqueness, ethical and unlimited. That doesn't bode well for a retailer like Forever 21, which caters to teens and 20-somethings with inexpensive iterations of current fashion trends.
Digitally savvy consumers these days are looking for unique wares, and are heavily influenced by what their social networks are posting rather than shopping for mass-market clothing at the mall.
According to a study from marketing firm Fuse, 90 per cent of Gen Z-ers said the smartphone will still be the most important daily-use device for them by 2030. Increasingly, the smartphone is a one-stop shop for ideas, inspiration and buying.
The "Woke" Shopper
Eco-conscious consumers of all ages have been turning away from fast fashion and embracing trends such as shopping less frequently, upcycling clothing (or redesigning it, if you will) and buying vintage or second-hand fashions.
This has proven a tough trend for many traditional retailers. Fast fashion in particular has been criticized for being environmentally damaging due to the mass production of inexpensive clothing that isn't necessarily built to last. Plus, the vast quantity and pace of production has been blamed for rapid increases in water pollution from microfibres and dyes. A few years ago, the World Wildlife Fund and National Geographic came out with data showing that it takes around 2,700 litres of water to make one t-shirt.
Fall of the Mall
With its extra-large size stores, Forever 21 was more vulnerable to the drop in mall traffic than other, more nimble, retailers. Today, thanks to e-commerce and speedy delivery, consumers have more shopping options than ever before. And many fashion sites, such as Fashion Nova and Asos, have no bricks-and-mortar stores, which means no upkeep or high mall rents to pay.
Consumers have also started turning away from lower-end malls that typically house run-of-the-mill retailers. In contrast, higher-end malls, or more boutique-like experiences, are still attracting eager shoppers.
As many retailers are learning the hard way these days, the trend is your friend - until it's not.
Digital Commerce 360–Retail awards SHOP.COM a top spot on its list of the top 1,000 online retailers.
SHOP.COM is honored and proud for its accomplishments to be recognized once again! Recently, Digital Commerce 360–Retail (formerly Internet Retailer) placed SHOP.COM in the 67th position of its 2020 Top 1000 Database, which ranked leading online retailers based on their 2019 sales.
President and Chief Operating Officer Worldwide posted on his Instagram account, “Very proud to see SHOP.COM ranked as the 67th-largest online retailer out of the top 1000 by Digital Commerce. It’s a great honor and a tribute to our Corporate Staff, UnFranchise Owners and customers!”
It absolutely is an honor to be recognized by such a prestigious organization — but it’s not the first one the company has achieved. In 2019, Internet Retailer ranked SHOP.COM in its 2018 Internet Retailer Top 1000, and also placed SHOP.COM in the Internet Retailer Asia 500 and as the 18th fastest-growing Internet Mobile Retailer. Even before that, Internet Retailer lauded SHOP.COM as the 43rd-largest web marketplace for 2017, beating out well-known retailers such as Groupon, Indiegogo.com and OpenSky.com. And it also recognized the company’s achievement with a highly coveted spot on its 2019 Top 1000 list.
It’s not just Digital Commerce 360–Retail that has seen the power of the UnFranchise Business. SHOP.COM has also garnered two Better Business Bureau Torch Awards for Marketplace Ethics, ranked #11 in Newsweek’s annual ranking of the Best Online Shops for 2020. In 2019, SHOP.COM received its 14th Triad Business Journal “Fast 50” award as one of the top privately held companies for growth that has driven the economy in its area.
“Congratulations, UFOs — this is an accomplishment we share together! Our #67 ranking on The Digital Commerce 360 Top 1000 is a reflection of our powerful business and the people who make it so special,” SHOP.COM Worldwide Founder, Chairman & CEO said, “Thank you to our dedicated corporate team, staff and the UnFranchise Owners around the world who drive our success and serve as trailblazers to a better future for everyone!”
Truly, this is outstanding news, as it just goes to show that SHOP.COM’s proven Business Plan is an effective path to success!
CLICK HERE FOR INFORMATION ON Consumer Spending Statistics
GO from In Line to Online, from Brick & Mortar to Click & Order
Do you spend money regularly on everyday household needs like toothpaste, shampoo, shoes or clothing?
shop.com is a Fully secure, e-commerce equipped Website 3X Bigger than Amazon.
1.66 billion people worldwide purchase goods online
That is a large number of people trusting online websites to make their everyday purchases
The world of digital marketing has blown up
Having a digital presence is more relevant and important now than it’s ever been
SHOP.COM Leaps Rankings in the World’s Largest Web Marketplace
We continue to be recognized for e-commerce greatness
Internet Retailer released its Internet Retailer World’s Largest Online Marketplaces Rankings - it placed SHOP.COM as the largest web marketplace. On that list, the company bested well-known retailers such as Groupon, Indiegogo.com and OpenSky.com. And now, after another year of phenomenal growth, SHOP.COM has jumped impressive places to achieve the spot on Internet Retailer’s list.
“It’s an honor to be on this list again, but this time even higher in the rankings. I’m so proud that our successes in e-commerce are proving that we’re an online shopping powerhouse!” said Chairman and CEO. “But for those of us who understand the power of the UnFranchise Business and the Shopping Annuity, this comes as no surprise. It’s an idea whose time has come, and the world is continuing to wake up to it!”
But of course, these rankings aren’t the first time Internet Retailer has lauded SHOP.COM’s prowess in the world of online shopping. It ranked SHOP.COM in its Internet Retailer Top 1000, and the organization placed it in the Internet Retailer Asia 500 and as the fastest-growing Internet Mobile Retailer.
Among its other honors and recognitions, we are a two-time winner of the Better Business Bureau’s Torch Award for Marketplace Ethics, was ranked and received Triad Business Journal’s “Fast 50” award as one of the top privately held companies for sustained growth, driving the area’s economy. SHOP.COM continues to succeed and be regularly recognized by the top e-commerce experts as providing one of the best online shopping experiences in the world!
SHOP.COM Ranks in Internet Retailer Top earning high e-commerce ranking
Driven by its continued strong growth, SHOP.COM ranks in the new Internet Retailer Top list of online retailers. SHOP.COM ranks in its specific Internet Retailer category of mass merchants.
We are very proud of our high ranking on the Internet Retailer Top, and of the UnFranchise Owners, customers and corporate staff whose hard work and determination made this happen. Our business model of entrepreneurship is driven by sales of our industry-leading MC products and by the millions of Partner Store products available to consumers on SHOP.COM. Being ranked shows that SHOP.COM continues to shine as a leading force in e-commerce.
Internet Retailer compiles the most complete ranking of the Top retailers selling in North America, ranked by web sales. It spent the past year analyzing industry trends and studying website traffic data to identify all the significant e-commerce retail websites.
SHOP.COM’s high ranking on the Top means it is one of the leaders that drove more than 95% of the $450 billion in online retails sales for the year.
CLICK HERE FOR INFORMATION ON Consumer Spending Statistics
