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☆ Fanatics to start livestreamed shopping of trading cards, collectibles
▼ + stars: | 2023-02-02 | by ( Ian Thomas | ) www.cnbc.com time to read: +7 min

The Washington Post | Getty ImagesFanatics is moving into livestreamed shopping around collectibles and trading cards, hiring a former Snap and Alphabet executive to launch its new business later this year. Fanatics Live, which will have a standalone app and a coinciding website, plans to launch in the second half of 2023. Only 31% of U.S. adults have even heard of live shopping, with just 22% saying they've participated in a live shopping event, according to a December poll by Morning Consult. Ebay, which said it saw trading card sales increase 142% in 2020, acquired trading card marketplace TCGPlayer for $295 million in August. While Fanatics Live could move into other forms of entertainment and collectibles over time, it will solely focus on trading cards initially.

☆ I started the Elf on the Shelf with my mom and sister. We self-published a book and took on credit-card debt to turn our family tradition into a business.
▼ + stars: | 2022-12-23 | by ( Taayoo Murray | ) www.businessinsider.com time to read: +6 min

Christa Pitts is the co-CEO of the Lumistella Company, the manufacturer for the Elf on the Shelf. Her family started the business in 2005 after being inspired by their own Christmas family tradition. Facebook / The Elf on the ShelfIn 2005, my mom and Chanda wrote "The Elf on the Shelf: A Christmas Tradition." In 2020, the company rebranded to the Lumistella Company to better reflect our portfolio of products, entertainment, and experiences. We also started Scout Elf Productions, our own production company, and began developing content around our brands.

☆ Eyeliner Out of Stock? Blame TikTok
▼ + stars: | 2022-12-22 | by ( Liz Young | ) www.wsj.com time to read: +7 min

Sonya Dube went to buy more of one of her favorite makeup products, a Charlotte Tilbury highlighter, this summer only to find it was out of stock—again. So, it was only natural that Ms. Dube turned to TikTok to document her exasperation at not being able to find another bottle. Viewers often can click a link to buy an item right away, making the shopping experience nearly seamless—if the product is in stock. Charlotte Tilbury has sought to adapt its supply chain to respond to customer demand as products go viral, a company spokesperson said. “We do our best to hold enough stock to get us through moments like these,” Ms. Schakler said.

Every year since I was a teenager, my mom has asked what I wanted for Christmas. After all, my reasoning doesn’t seem to require us to engage in, say, the Socratic method. Maybe the pressure to buy Christmas gifts for anyone is a farce, a scheme created by capitalism to get us to spend, spend, spend on things we don’t want or need. They accept whatever bad (based on how little they use them) gifts I buy for them. But I’m tired of participating in a capitalistic sham, and I’m tired of giving Christmas gifts my family and friends don’t want.

☆ MyPillow CEO Mike Lindell says he will take no salary if he gets elected as RNC chair
▼ + stars: | 2022-12-06 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Mike Lindell says he won't take a paycheck from the Republican National Committee if he's elected chair. Lindell told Insider he has secured support in at least six states for his bid for RNC chair. "But I would not take a paycheck from the RNC, I'd put all the money back into it," Lindell told Insider on Monday. Lindell also told Insider he's been reaching out to every delegate in the RNC since he announced his run last week. Yeah, I think I do," Lindell told Insider.

☆ I make $1,000 a month by promoting Amazon products on social media. It only takes 5 hours per week — here's how I set up my side hustle.
▼ + stars: | 2022-11-28 | by ( Robin Madell | ) www.businessinsider.com time to read: +9 min

She earns commission by promoting beauty products to online shoppers via livestreams and lists. By encouraging her TikTok followers to buy products from her Amazon lists, she earns $1,000 a month. I make at least $1,000 in affiliate commissions a month by sharing my favorite beauty products on Pinterest, TikTok, and my blog. I've also started doing Amazon Live and it's been quite lucrativeAmazon Live allows you to create branded livestreams featuring any products you like. I like doing Amazon Live because it's a fun way to interact with viewers and showcase products.

☆ 'Big Short' Michael Burry on his current positioning: 'You have no idea how short I am'
▼ + stars: | 2022-11-16 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

"The Big Short" investor Michael Burry, known for calling the subprime mortgage crisis, hinted that he currently has a sizable short position after being bearish throughout 2022. "You have no idea how short I am," Burry said in a Tuesday evening tweet. It's unclear what kind of bet Burry is making, if he's shorting any specific sectors or stocks or just the whole market. A new regulatory filing showed at the end of the third quarter, Burry held relatively small positions in just six names. Short positions are not disclosed in quarterly reports.

☆ Michael Burry of ‘The Big Short’ bets on a home shopping network stock and a rocket engine maker
▼ + stars: | 2022-11-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Famed investor Michael Burry, known for calling the subprime mortgage crisis, jumped back into the market to pick up a few stocks in the third quarter, according to a new regulatory filing. Burry has been in and out of this private prison operator as well as GEO Group the past two years. In February, Lockheed Martin tabled plans to acquire the rocket engine maker amid opposition from U.S. antitrust enforcers. Burry was depicted in Michael Lewis' book "The Big Short" and the subsequent Oscar-winning movie of the same name. It's also unclear if Burry took any bearish bets last quarter as short positions are not disclosed in these quarterly reports.

☆ Ordergroove just raised $100 million to help online retailers grow subscribers as repeat customers offer a lifeline amid an unstable economy
▼ + stars: | 2022-11-10 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

Ordergroove makes software that brands and retailers use to sell their products via subscriptions. Ordergroove helps brands build long-term rapport with customers through subscriptions and memberships. "When I started Ordergroove, there were three retailers at the time doing subscriptions: Amazon, QVC, and Petco," Alvo said. 'We just want our customers to be successful'The needs of Ordergroove's customers have changed in recent decades. Recharge similarly sells subscription management software and has raised $277 million in venture funding since it was founded in 2014.

☆ 'Live shopping' is like QVC on steroids. Here's why these massive app-based events have taken over China — and are becoming more popular in the US.
▼ + stars: | 2022-11-06 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: 1 min

Whatnot's CEO Grant LaFontaine said, "Live stream commerce is the closest you can get to an in-person retail experience because you can see the objects as they are and have a direct conversation about them." He added, "this establishes more trust and it's more fun – you're watching with hundreds of others, you can talk to them, and build friendships or a community around it."

☆ US Bank Shopper Cash Rewards card review: Up to 6% cash back at popular retailers like Amazon and Walmart and a unique feature you won't find on any other card
▼ + stars: | 2022-10-26 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +31 min

Speaking of eye-catching, the U.S. Bank Shopper Cash Rewards is the first to include LED-powered technology in the card's plastic. If you're a fan of Visa Signature benefits, the U.S. Bank Shopper Cash Rewards has got you covered. US Bank Shopper Cash Rewards card benefits and featuresLED technologyIn a unique twist, US Bank is piloting a version of the U.S. Bank Shopper Cash Rewards that has LED-powered technology built into the card's plastic. Read our review Read Our Review A looong arrow, pointing rightFees and costsThe U.S. Bank Shopper Cash Rewards has a 17.49% - 27.49% Variable APR. How do I redeem cash back on my US Bank Shopper Cash Rewards card?

☆ Retailers, Brands and Tech Platforms Bet Big on Live-Streamed Shopping in the U.S.
▼ + stars: | 2022-10-18 | by ( Patrick Coffee | Photographs Maggie Shannon For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Can live-streamed shopping become a big thing in the U.S.? A number of retailers, brands and tech platforms are convinced that it can, despite a slow start. The practice, which adapts the QVC model of televised home shopping to the digital era, grew popular in the Asia-Pacific region before exploding in China during the pandemic as businesses rushed to connect more directly with homebound consumers.

☆ Poshmark is the latest company to tap into the $25 billion livestream shopping market. Here's how entrepreneurs are making thousands of dollars per stream.
▼ + stars: | 2022-10-14 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +15 min

Li did not disclose how applications are vetted, but Popshop Live is accepting more applications as the company's team grows, she said. Virgile Ollivier, a cofounder and the CEO of Livescale, told Insider livestream shopping would soon become just as important for brands as social-media marketing. Livestream-shopping platforms pick up where Instagram falls shortApps focused solely on livestream shopping show a disconnect on traditional social-media platforms. Nguyen designed her own characters for merchandise in addition to the squishy and plushy toys she sells on Popshop Live. Most sellers livestream at least once a week, at the same time so their followers always know when to expect a show.

☆ US Bank will soon launch the Shopper Cash Rewards card — and its earning rate of up to 6% cash back at popular retailers like Amazon, Walmart, and Target will be tough to beat
▼ + stars: | 2022-10-13 | by ( Tessa Campbell | Personal Finance Reviews Fellow | Read More | ) www.businessinsider.com time to read: +8 min

The new US Bank Shopper Cash Rewards card will earn up to 6% back at popular retailers, including Walmart, Chewy, Lululemon, and Macys. YakobchukOlena/ Getty ImagesUS Bank has released a sneak peek at its new U.S. Bank Shopper Cash Rewards. The U.S. Bank Shopper Cash Rewards™ Visa Signature® Card isn't currently accepting applications, but you can join the waitlist. US Bank Shopper Cash Rewards Visa Signature Card earning ratesThe U.S. Bank Shopper Cash Rewards™ Visa Signature® Card earns bonus cash back at popular retailers. The card will be most appealing as a no-annual-fee rewards card.

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