Remove 2020 Remove Finance Remove Loyalty Remove Marketing
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Recession Survival Tips: How Your Business Can Come Out Stronger

Strategy Driven

Did you know that almost 18 million people were unemployed in the USA in June 2020? In fact, customer loyalty can make the difference between survival and sinking during a recession. If you do not offer the cheapest prices on the market, emphasize the quality of the product you offer and the need to invest in quality during hard times.

Tips 65
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Online Marketplace: New challenges to overcome

Strategy Driven

There was a time when the entry of an online alternative in a market would scare the hell out of small offline retailers. The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. Is the marketplace is a profitable business idea in 2020?

Retail 116
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Banks’ New Competitors: Starbucks, Google, and Alibaba

Harvard Business Review

In 18 short months, search engine Google erased 85 percent of the market cap of the top GPS companies after launching its mobile maps app. Alibaba , China’s equivalent to Amazon, became a $16 billion lender in less than three years, and China’s largest seller of money market funds in only seven months.

Banking 10
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Myths of the Gig Economy, Corrected

Harvard Business Review

Back in 2013, a much-touted survey suggested that by 2020 — just over a year from now — a whopping 40% of the workforce would be so-called contingent workers, a number that would include contractors, temps and the self-employed. The size of the gig economy and how fast it’s growing also seem to be over-imagined at times.

Quinn 10
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Online Marketplace: New challenges to overcome

Strategy Driven

There was a time when the entry of an online alternative in a market would scare the hell out of small offline retailers. The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. Is the marketplace is a profitable business idea in 2020?

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How to Make Sustainability Every Employee’s Responsibility

Harvard Business Review

For example, at financial services company ING, an issue deemed “material” to their view of sustainability related to financing a variety of “sustainable transitions” in industries such clean technology, real estate and others. billion, prompting them to revisit the goal.