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Best Ecommerce Platform for Your Online Business

By
Mary Elizabeth Smith
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Best Ecommerce Platform for Your Online Business

The ecommerce industry has shown a remarkable growth across the globe. During the early ages of ecommerce, there were just a handful of online stores that would deliver at specific locations. But with the rapid growth of ecommerce, several entrepreneurs have converted their business ideas into reality. Along with the improved logistics and payment channels, the ecommerce business can now go beyond the border. If you are one of those entrepreneurs planning to step into the world of ecommerce, then you need to initiate by choosing an ecommerce platform. It is the first and the most significant step where you can’t afford to make any mistake.

Deciding on a suitable platform for creating an online store should be the priority. But how can you determine which platform is ideal for making your business successful?

Here is a set of few questions which you must ask before choosing a suitable platform for your online venture.

Is the platform scalable?

Your business can progress with time which means that having a future-ready platform is a necessity. Hence, it is always a good choice to pick a platform that can not just meet the current business goals but also turns out to be a good choice for the long run. The ecommerce platform should let you handle the demands of the growing traffic. A scalable platform prevents your site from getting slow or unresponsive when high volume traffic is present on the site. Hence, it is essential to ensure that the platform you choose is scalable to meet your business needs.

Does it provide security?

Security can be stated as the primary concern when it comes to online business. The internet is full of intruders trying to steal the confidential data. Ensuring the safety of the confidential details of the customers during online transactions is a must. The payment details like, like credit/ debit card number and passwords should all be encrypted so that it is of no use even if someone manages to get hold of these details. Any loopholes in the security provided by the ecommerce platform can make the customers lose their trust and affect the sales of your online store. Hence, you should go for a platform that maintains a secure environment while processing online transactions.

Does it provide shipping solutions?

When we talk about ecommerce, shipping is undoubtedly a part to consider. For making an online business successful, it is necessary to have strong supply chain management. While creating an online store, you should be aware of all the logistics needs and the entire supply chain management life cycle. An ecommerce platform that provides easy integration with a third party shipping partner is always a good choice. Simple and automated shipping solutions can reduce manual intervention thus reducing the pain of logistics and helping you in focusing on various other factors that may result in the growth of your online business.

It can be a difficult task to find a platform that can be a complete solution for all the mentioned questions.

How Student Loans Are Workable for Higher Education

By
Mary Elizabeth Smith
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0
How Student Loans Are Workable for Higher Education

Studying in a global university is an uphill task. With increasing admissions and other expenses, parents cannot guarantee the finance for their child’s higher education. Securing admission under this scenario requires money and time management too. The range of expenses include admission costs, hostel rent books and the tuition fee. Parents dream of a successful career, and therefore, nothing should come in way of pursuing the studies. Parents help to a great extent money wise, but even they have their limits. In this situation, students are offered an opportunity to take care of their expenses in the form of short term student loans. Availing the loan is fairly simple. A loan benefits by providing the funds to take care of their cost of education.

Advantage of the Student Loan

The loan is important to anyone looking forward to secure finance for their higher education. The acquired funds have capability of helping the students for further education. There are a few advantages to these loans listed here that will help the borrower make a sensible decision:

• Minimal Interest Rates

Before applying for any type of loan, people are cautious about the interest rates. Nobody wants to burden themselves with whopping interest rates that would result in non-repayment of the loan amount. Student loans are suggested by many brokers on competitive APRs and manageable terms of repayment. The borrowers have an option to consider all the available offers through a comprehensive online research and compare the prices. Only after proper research, the customer should approach the regulated broker.

• Flexible terms of repayment

Before countersigning the documents, applicant must clearly understand the terms and conditions that are being laid down. The intermediary will explain them to the borrower, if he is unable to understand. The repayment provisions are kept trouble-free. The payment amount is decided keeping in view the financial condition of the applicant. Sufficient time is provided to repay the borrowed money. Paying off the loan is reflected on the credit report, finally improving the credit score and establishing the credibility.

• No requirement of guarantor

When the individual applies for the loans online, there is no need to provide the guarantor. Adviser makes sure, the lender disburse the funds without putting forth the condition of arranging the guarantor. This saves a lot of time, as you do not need to search for the person, to act as your guarantor and support your application.

Student loans not only serve the purpose of providing quick funds for the education. These types of loans also assist in creating a positive credit history. The funds are not provided out for free. The short term student loans must be repaid when the borrower completes his or her education. Adequate time is provided for the payback.

Drones and UAVs in Air Delivery & Freight Services

By
Mary Elizabeth Smith
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0
Drones and UAVs in Air Delivery & Freight Services

The fact that drones are linked with military operations and unlawful trespassing behavior often overshadows the peaceful and important role they play in civil airspace. Nowadays, drones play a significant role in almost all fields of life. Farmers use them to water plants, camera men use them to capture exquisite shots, astronauts use them to explore planets, and recently mega corporations started to invest heavily in unmanned air delivery & freight services.

The recent increase in the rates of drone use encouraged big companies in the air delivery and freight industries to invest in drone based delivery. It even prompted corporations who aren’t associated with air delivery and freight services at all to experiment with the idea.

On November 28th, Cyber Monday, Amazon announced their futuristic delivery system that’s expected to deliver packages to customers within only 30 minutes. They played a video that showed an aircraft delivering a pair of sneakers to a customer with consummate ease. They announced that they service will be named Amazon Air Prime. In April 2015, Amazon Air Prime began testing their first parcelcopter. The date at which their first parcelcopter is expected to begin operating is yet to be announced however with development reaching its peak and the beginning of the testing phase, Jeff Bezos, Amazon’s CEO, announced recently that they’re expected to start operation late 2018.

According to forecasts, drones based air delivery and freight services are expected to reach the large sum of $36.9 billion by 2022, achieving an unprecedented rate in the history of delivery and freight services.

The birth of drone-based air delivery and freight services isn’t geographically restricted to US only but also Europe. Earlier in 2016, Swiss Post Ltd. announced that they’re going to launch their own line of drone manufacturing to be used in post and parcels delivery. Such a breakthrough will change the nature of air delivery and freight services. The company announced that its aim to provide affordable drone based delivery to Swiss residents. If the project as imagined was successfully implemented it will mark another unprecedented milestone by creating a drone service affordable to the common man, as opposed to Amazon’s services which is expected to be expensive in pricing and thus available exclusively to the elite and rich.

The world as we know it will definitely see an irreversible change once the drone based air delivery and freight services kick in. Automation has already taken over a large portion of our lives and with the introduction of drones as integral part of our daily routine, automation will be thorough and full to say the least. The prophecies of science-fiction novels will be fulfilled and our lives will become easier than ever. At the end this was meant to happen, our lives were meant to be automated. From the beginning of the industrial revolution, our thinkers realized that machines are the future and humans are nothing but obsolete.

Tips to Improve Your Social Media Visual Strategy

By
Mary Elizabeth Smith
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0
Tips to Improve Your Social Media Visual Strategy

An important aspect of an effective Social media strategy is the visual impact it delivers. After all, what you see is what you get. It could be any product related information, a campaign or just a simple idea to be shared. Visual appeal can make or break your social media standing. If you are looking for Social media services to build a strong visual strategy online, here are some tips that may come in handy:

Understand image placement and colors

Plain black banners with content written on it may seem dull, but when used correctly, it delivers an impactful message. Best graphic designers use simple yet effective ways to create stunning visuals. Any strategy can only formulate when one has a sound understanding of colors. Designs with too many colors look good when there is a fashion sale, a carnival etc. But they may fall flat when used in case of a product launch. While black is associated with power, blue can be used in campaigns that want to bring out an element of trust. Similarly, social campaigns can use yellow, red and pink to bring out a clear message through their visuals and to improve social media marketing visually.

Create a balance

Another aspect to be kept in mind is maintaining an image to content ratio. If your visual strategy is the only image based, make sure the image says it all. The best graphic design is one that should be creative, well-researched and instant to understand. If you wish to add some text, logos, slogans, they need to be balanced with the images and graphics used. The image to content ratio, in short, should be in sync with the colors and patterns.

Organise the elements

A good visual social media strategy consists of the use of best social media tools, images, graphics, content, and placement. You should be clear why every single element is present and what its use is. Make sure there is contrast on the final visual be it in form of shapes or colors. This helps in looking at the visual with more clarity. Contracts further bring out impactful elements noticeably and ensure zero clutter on the visual.

A visual at times might have a lot of information. In such a case, contrasts, line management, and placement work best for your visual and increase its social media optimization.

Creative Font

Lastly, another element that can add the missing edge to your visual strategy is Font. The typography you select says a lot about your visual understanding. Words say it all when set in engaging fonts. A Graphic Design Company will always provide you with multiple options in all scenarios to best suit your social media visual strategy.

How To Improve Your Credit Score – Dos And Don’ts

By
Mary Elizabeth Smith
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0
How To Improve Your Credit Score – Dos And Don’ts

What is Credit Score: It is a statistical number based on your credit history, repayment habits and other financial data collected from financial institution by the rating agencies. Your Credit Score is an indicator of your Credit Worthiness. This data is collected by the rating agency based on a key or unique identifier like Permanent Account Number (PAN – issued by the Income Tax Department in India) or SSN in USA. Each rating agency may assign different weight-age to different parameters used to determine it. Generally, it ranges between 300 to 850 points.

With the credit score check, the lender gets an idea about the probability of default by the borrower, in case a loan / credit facility is given to him/her. Higher the Credit Score better are the chances for getting a loan at cheaper rates. Hence it is important for you to check it before applying for a fresh loan or credit. A credit score below 600 is considered poor and generally the financial institutions avoid loans to such individuals. By maintaining financial discipline you can also improve your it easily. The very small things or ignorance can seriously damage your credit worthiness. By paying little attention to these small little things you can improve the credit score and avail cheaper credit facilities.

To improve your credit score, you should follow certain dos and don’ts.

Dos

1. Never delay the payment of installments due on existing loans.

2. Make credit card bills payment always in time. If possible, use the ECS or Auto debit facility on your card bills payment, so that there is no chance of forgetting the bill payment on due date.

3. If possible, try to prepay the existing loans. Making a little extra payment over and above the due EMI or installments not only helps you reduce the interest out-go but also helps improve your credit score.

4. Maintaining good and long banking relations with existing banker helps you increase the credit score. Frequently changing your banker, especially the business related credit facilities, can bring it down.

5. Also make payment of your utility bills like electricity, mobile, insurance premium, municipal taxes etc in time. Though these don’t get reported directly for the credit score check, but these help you maintain financial disciplined life.

Don’ts

1. Do not take different loans from different banks. Try to use maximum credit facilities from one or two banks. For example you have two housing loans, two car loans and one personal loan each of this from a different bank. This kind of arrangement will pull down your credit score. Try to shift all these five loans to one or max two banks.

2. Do not rotate the credit card balance from one card to another card. Rotating balance from one card to another means, you don’t have means to pay the credit card bills. This seriously damages your credit worthiness.

3. Do not fully utilize or over utilize the credit card limit. In case you reach above 90% limit regularly, ask the credit card issuer to increase your credit limit.

4. Do not discontinue your old credit cards without any reason or because you have taken a new card. Longer the credit history with regular bill payments, better the credit score.

5. Do not take too many credit cards from different banks. Maintain maximum 3-4 cards with same number of banks. If you use these cards regularly and make on-time payments of the card bills, your card company would be happy to increase your card limit.

6. Do not withdraw cash from CREDIT Cards via an ATM unless it is an extreme emergency. Frequent cash withdrawal from credit card account brings down your credit worthiness, instead use Debit Cards linked to your savings account for cash withdrawals.

Try to obtain your credit score sheet once a year, so that you know where you stand. In case you find any errors in the reported transactions on your sheet, immediately report the same to the concerned financial institution for correction and updating the same with rating agencies, especially when you are planning to take a fresh loan / credit facility.

Beware From Fake Portfolio Management Companies In India

By
Mary Elizabeth Smith
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0
Beware From Fake Portfolio Management Companies In India

This covid-19 pandemic is seen as a boon for Indian stock market. New investors are entering the market. And spammers and fraud Portfolio Management Service like fake Wisdom Capital Group are out in the market too.

A Bhopal based Wisdom Capital Group is running fraud portfolio management service. They are duping new investors. Their first target is Whatsapp group. They will make phishing call. And then they will send messages to new investors and introducing them as genuine PMS provider.

A friend of mine as also contacted by this Wisdom Capital Group in Whatspp group. He introduced himself as Adarsh. In the next few days, Adarsh keeps on sending screenshot of the positions and profits. They will show profits only.

My friend was in need of money, so he invested around Rs 10,000 in the initial phase. This Wisdom Capital Group then open an account which they claim as Demat account.

Within two-three days they will show profits. For an investment of Rs 10,000, daily profit was around Rs 2000-3000. My friend decided to withdraw his profit. But, he was unable to withdraw the money.

Then he contact Adarsh for the withdrawal process. Adarsh told to deposit 20 percent of profit to the Wisdom Captal Group. My friend asked him to deduct the money from the profit. Adarsh did not agree and my friend send the profit.

But after sending the profit share to them, they again called my friend to send GST fees. For any SEBI registered company in India, GST is not applicable. My friend asked why GST? Adarsh told him it is service charge.

My friend sent that money to Adarsh. So, for withdrawing Rs 10,000, my friend spent around Rs 4000. My friend wait for three days to get his profit back.

What is the next step of this fraud portfolio management service?
My friend was waiting for his money but they called him to say all his capital and profits were lost in the market. His account doesnot have any funds to withdraw.

They then closed his account as well. Key persons involved in this fraud portfolio Management service are Adarsh who represent the group. Then Rajesh Nath as account holder. And Amit Raghuwancy as Website owner of Wisdom Capital group.

They are not learning from their mistakes. instead they openly call for providing services to new investors.

So, new investors must be alert and stay away from such fraud portfolio management service provider. Stay safe and wealthy!

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