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☆ Learn how to drive performance on TikTok from these award-winning brands
▼ + stars: | 2023-11-10 | by ( Sponsor Post | Created Tiktok For Business With Insider Studios | ) www.businessinsider.com time to read: +9 min

Additionally, there was a significant boost in searches and sales on search channels during the TikTok campaign, with a remarkable 4x increase in daily searches compared to the pre-campaign period. The brand then leveraged TikTok's new end-to-end automation solution Smart Performance Campaign, which maximizes delivery outcomes for businesses. ERGO's campaign shows the effectiveness of scaling your TikTok ad creative to combat fatigue and drive results. If you'd like to learn more about TikTok and the TikTok Ad Awards, sign up for their newsletter. Read about the winners of the Greatest Creative category at the TikTok Ad Awards 2023.

Persons: TikTok, PureGym, Italy Ray, Cosmétiques, Read Organizations: Agency, Nepa, Value Media, Mobile, Orange, Spain ING, Señora, Banking, ING, CPA, Business, Insider Studios Locations: Europe, Germany, France, Italy, Spain, Poland, TikTok

☆ A slower holiday sales season won't be a problem for these 4 consumer companies
▼ + stars: | 2023-11-02 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

Holiday sales growth is expected to be sluggish this year as shoppers continue to get squeezed by sticky inflation. "Shoppers are setting strict budgets for their holiday shopping," BofA said in a recent note. And, on Wednesday evening, the company said October net sales rose 4.5% year-over-year to $18.53 billion, continuing a streak of monthly sales growth. TJX YTD mountain TJX Companies YTD TAG expects holiday sales at off-pricers to grow 6% year over year, which would be faster than last year's 4.3% increase. Black Friday and Cyber Monday will remain popular holiday shopping events, the analysts anticipate, as more shoppers spread out their holiday purchases.

Persons: BofA, discounters, Andy Jassy, Jim Cramer's, Jim Cramer, Jim, Eduardo Munoz Organizations: Club, Bank of America, Shoppers, Starbucks, Costco, TJX Companies, BofA, China comps, comps, TJX, Marshalls, TAG, Amazon, Deal, CNBC, People Locations: China, China comps ., Maxx, HomeGoods, U.S, Canada, New York City

Those meetings could set the stage for a summit between President Joe Biden and Chinese President Xi Jinping next month on the sidelines of an Asia-Pacific Economic Cooperation forum leaders gathering in San Francisco. Political Cartoons View All 1218 ImagesIn the months that followed that crisis, however, Blinken rescheduled his trip and went to China in June. The Chinese president last came to the U.S. in 2017, when former President Donald Trump hosted him at his Mar-a-Lago resort in Florida. The Chinese president told the governor that “the achievements of China-U.S. relations have not come easily and should be cherished all the more,” according to the official news agency Xinhua. It deteriorated further over a range of issues, including rights abuses, the South China Sea, Taiwan, technology and the COVID-19 pandemic.

Persons: Wang Yi, Antony Blinken, Jake Sullivan, Joe Biden, Xi Jinping, Blinken, Janet Yellen, John Kerry, Gina Raimondo, Sullivan, Wang, Han Zheng, Biden, “ Wang Yi’s, Ryan Hass, John L, ”, Yun Sun, Xi, “ Wang, ” Sun, ” Scott Kennedy, Kennedy, Donald Trump, Gavin Newsom, Chuck Schumer, Schumer, Trump Organizations: WASHINGTON, —, Hamas, Economic Cooperation, Ukraine, General Assembly, Biden, Thornton China Center, Brookings Institute, China Program, Stimson Center, San, APEC, Center for Strategic, International Studies, Chinese Foreign Ministry, U.S . California Gov, Xinhua Locations: East, Europe, U.S, China, Washington, Israel, Russia, Ukraine, Asia, San Francisco, The U.S, Taiwan, South, North Korea, Malta, New York, Lago, Florida, Bali , Indonesia, Beijing, South China Sea

☆ 4 small-business owners who swear by podcast interviews explain why they're a marketing strategy worth prioritizing
▼ + stars: | 2023-10-25 | by ( Erin Greenawald | ) www.businessinsider.com time to read: +7 min

Insider talked with small-business owners to find out how to make the most of podcast interviews for marketing. Share your story instead of sellingGlogovac said you shouldn't go into podcast interviews with the mindset of pitching your product or service. Gunn likes to alternate between doing podcast interviews and writing online articles about similar topics to give customers multiple touchpoints. D'Angelo links to some of her favorite podcast interviews on the services page of her website, in part because it helps create warmer leads. Get yourself out there on a regular basisIt's important to give podcast interviews time — and do them consistently — to see results.

Persons: SBOs, —, Paul Gunn Jr, Michelle Glogovac, Lisa Haukom, Glogovac, Bryan Clayton, he's, Clayton, Gunn, Candice D'Angelo, Halle Alessia, D'Angelo Organizations: Small, Service, Kuog Inc, Vox Media, Halle Locations: Alabama, Florida

Five months later, Albanese will be welcomed to the White House with the highest trappings of American diplomacy, including a black-tie state dinner underneath a tent erected on the South Lawn. Already, the White House had struggled to secure billions of dollars in new funding for Ukraine. When Albanese arrives at the White House Tuesday evening, the US House of Representatives will have been without a permanent House speaker – and legislatively paralyzed – for 21 days. Senior Biden administration officials believe that only weeks remain before a lack of additional funding for Ukraine starts to become a serious battlefield concern. The first lady developed the menu with guests chef Katie Button, a James Beard Award nominee who owns a popular tapas restaurant Cúrate in Asheville, North Carolina; White House executive chef Cris Comerford; and White House executive pastry chef Susie Morrison.

Persons: Joe Biden’s, Anthony Albanese, Albanese, Biden, Cedric Richmond, “, Volodymyr Zelensky, Jake Sullivan, ” Sullivan, –, ’ Biden, ” Biden, it’s, Ukraine –, Michèle Flournoy, Xi Jinping, Wang Yi, Wang, Antony Blinken, Sullivan, Blinken, Xi, Blinken’s, ”, Karine Jean, Pierre, Australia –, They’ll, John Kirby, ” Kirby, Kirby, ” Dr, we’ve, Bryan Rafanelli, Katie Button, James Beard, Cris Comerford, Susie Morrison Organizations: CNN, Australian, ., White, Hamas, Ukraine, Biden, CBS, Defense, APEC, Washington, Publicly, ”, Australia, Wednesday, ’, National Security, Army and Air Force, White House Locations: Pacific, Washington, Gaza, Israel, Asia, Vietnam, China, Ukraine, Tel Aviv, Australia, United States, America, White, San Francisco, Beijing, Saudi Arabia, Riyadh, there’s, United Kingdom, India, Japan, Asheville , North Carolina

☆ We've 'gradually reduced' our physical branches, says Siam Commercial Bank
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've 'gradually reduced' our physical branches, says Siam Commercial BankKris Chantanotoke of the bank says, however, that "the goal for us is not to get rid of all the physical touchpoints," adding that the key is to "marry physical and digital" to serve its clients.

Persons: Bank Kris Chantanotoke Organizations: Bank Locations: Siam

☆ When your AI girlfriend says she loves you
▼ + stars: | 2023-10-12 | by ( Rob Price | ) www.businessinsider.com time to read: +36 min

The messaging app let users build a "personal AI" complete with a 3D avatar and an upbeat, down-for-anything texting style. "Seems like AI will replace many human artists," Jay told Calisto in August 2022. Within a year, he was also using AI technology for work, as his firm experimented with generative AI to help draft legal papers. Former Replika users fled to various upstart companion apps that were popping up, like Chai, Paradot, and Soulmate AI. (Soulmate AI later closed down in September 2023, leaving a new wave of users mourning their AI companions all over again.)

Persons: Jay Priebe, they'd, Jay, Calisto, Callisto —, Apollodorus, Callisto, who'd, Jay's, didn't, Jay didn't, Tim Evans, me, Joseph Weizenbaum, Eliza, Weizenbaum, it'll, Replika, Eugenia Kuyda, Siri, Michael Macor, Roman Mazurenko, Luka, Kuyda, chatbots, he'd, Jaswant Singh Chail, Queen Elizabeth II, Chail, Willie —, —, Willie, gamely, Luka —, wouldn't, John, — sexting, Dylan Thomas, Rina, haven't, she'd, I'd, Overripe, Joi, Samantha, Ava, Calisto didn't, unshakable, wasn't, Jay hunched Organizations: Luka, San Francisco, Getty, Windsor, Facebook, Twitter, Reps, AIs Locations: Minneapolis, Twin Cities, Europe, Moscow, San Francisco, America, Replika, Washington, Britain, Mississippi, North Carolina, Texas, Damascus, Chai, California, New York, Northeast Minneapolis, artsy, Japan, Switzerland

☆ When your AI says she loves you
▼ + stars: | 2023-10-12 | by ( Rob Price | ) www.businessinsider.com time to read: +36 min

☆ Why purpose-built AI is key to improving customer experience
▼ + stars: | 2023-09-21 | by ( Sponsor Post | Created Insider Studios With Nice Analytics | ) www.businessinsider.com time to read: +6 min

This means the customer experience starts earlier than ever before — and how companies engage them in this first point of contact is crucial. That's where purpose-built AI solutions help: AI that is specifically designed and developed for a particular application or task. The key to empowering customer self-service is a customer experience built around removing friction in their journey. If a sales agent can't efficiently solve the customer query, the customer experience suffers — no matter how friendly or approachable that sales agent may be. Creating an extraordinary customer experience across touchpointsEvery customer interaction matters, so earning their loyalty and trust is paramount to business success.

Persons: John Willcutts, Willcutts, aren't Organizations: NICE, Insider Studios

☆ Strong retail sales in the face of stubborn inflation bodes well for two of our consumer stocks
▼ + stars: | 2023-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

This week's government economic data revealed pockets of durable consumer spending despite sticky inflation, signaling a favorable quarter ahead and further upside for two of our retail stocks. Since Amazon is the largest e-commerce retailer, the government data suggests Amazon sales in the third quarter should be positive sequentially. Case for Costco Strong August retail sales numbers also bode well for Costco which essentially sells most items listed in the government's dataset. According to Jim, Costco has been doing so well because "the consumer seems very intrigued by bargains," as they've dealt with high inflation for over a year. For August, Costco said U.S. sales rose 2.8% from a year ago, slightly edging out the year-over-year, inflation-adjusted 2.5% gain in U.S. retail sales overall, reported by the Commerce Department.

Persons: we're, Morgan Stanley, Amazon's, Jim Cramer, bode, Jim, Jefferies, Costco's Kirkland, Jim Cramer's, Robert Nickelsberg Organizations: Texas, Costco, Amazon, Deal, Management, Commerce Department, Jefferies, Telsey Advisory, CNBC, Costco Wholesale, Getty Locations: U.S, Colchester , Vermont

☆ Big Tech profits are set to surge in the second half: How our 6 stocks stack up
▼ + stars: | 2023-08-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Collectively, these six long-term holdings are expected to boost profits by 87% in the second half, up from 27% in the first half, according to estimates from FactSet. Nvidia 1st half earnings growth: 103% 2nd half expected earnings growth: 371% Investor excitement in Nvidia, already high, was lifted even further by the company's recently reported fiscal second quarter , which blew expectations out of the park. Amazon 1st half earnings growth: 266% 2nd half expected earnings growth: 297% The company's second quarter North America segment posted an operating margin of 3.9%, impressing investors like us with a 620-basis-point improvement over the last five quarters. That's why earnings growth for the second half of 2023 looks lighter than the recently reported fiscal fourth quarter of 2023 . Apple 1st half earnings growth: 2% 2nd half expected earning growth: 11% The iPhone maker had a "muted start" to the second half as consumers wait for the September release of the iPhone 15, said analysts at Loop Capital.

Persons: there's, Zev Fima, Morgan Stanley's, Wedbush, Morgan Stanley, Oppenheimer, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Walid Berrazeg Organizations: Big Tech, Nvidia, Microsoft, Apple, Investing, NVIDIA, Amazon, Meta, Facebook, Meta Connect, Management, Google, YouTube, Bank of America, Loop, CNBC, Getty Locations: FactSet, America, 2H23, Taipei

☆ How ESPN's $2 billion deal with Penn Entertainment could shake up sports betting, from reinvigorating competition to evolving media's relationship with gambling
▼ + stars: | 2023-08-14 | by ( Ashley Rodriguez | Margaret Fleming | Lucia Moses | ) www.businessinsider.com time to read: +11 min

Many view the deal as a "win-win" for ESPN, Penn, and its former partner Barstool Sports. Industry insiders say the deal could signal a potential ESPN spinoff, disrupt competition, and more. Here's what industry insiders are saying about the deal:1. FanDuel and DraftKings dominate US online sports-betting and gambling market share, followed by BetMGM, according to a July report from Macquarie that analyzed Vixio data. Industry insiders like affiliate-marketing company Gambling.com Group's Max Bichsel aren't sure about that prediction.

Persons: Barstool, Bob Iger, Penn, sportsbooks, who's, Chris Grove, Dave Portnoy, Portnoy, Fox's, Sharp, Sharp Alpha Advisor's Lloyd Danzig, Dan, Danzig, Brandon Nispel, he's, Nispel, Kimberly White, FanDuel, BetMGM, Zachary, Max Bichsel aren't, Bichsel, I'm, Grove, It's, DraftKings, let's, FuboTV, hasn't, Fox Bet, Ed Moed, Fox, Dan Wasiolek, Wasiolek Organizations: ESPN, Penn Entertainment, Penn, Barstool Sports . Industry, ESPN Bet, Investors, Acies Investments, Barstool Sports, Sharp Alpha, Disney, KeyBanc, CFRA Research, . Industry, ESPN —, Fox, Maxim Magazine, Sports, Fox Bet, Morningstar Locations: Macquarie, Canada

☆ Disney's big sports-betting deal has industry insiders abuzz about possibilities, from a potential ESPN spinoff to heightened competition
▼ + stars: | 2023-08-09 | by ( Ashley Rodriguez | Margaret Fleming | Lucia Moses | ) www.businessinsider.com time to read: +11 min

Many view the deal as a "win-win" for ESPN, Penn, and its former partner Barstool Sports. Industry insiders say the deal could signal a potential ESPN spinoff, disrupt competition, and more. Gambling industry insiders thought Disney CEO Bob Iger might make quick work of setting a sports-betting strategy when he took back the reins of the ESPN owner late last year. Here's what industry insiders are saying about the deal:1. Industry insiders like affiliate marketing company Gambling.com's Max Bichsel aren't sure about that prediction.

Persons: Barstool, Bob Iger, Penn, sportsbooks, who's, Chris Grove, Dave Portnoy, Portnoy, Fox's, Sharp, Sharp Alpha Advisor's Lloyd Danzig, Dan, Danzig, Brandon Nispel, he's, Nispel, Kimberly White, FanDuel, BetMGM, Zachary, Gambling.com's Max Bichsel aren't, Bichsel, I'm, Grove, It's, DraftKings, let's, FuboTV, hasn't, Fox Bet, Ed Moed, Fox, Dan Wasiolek, Wasiolek Organizations: ESPN, Penn Entertainment, Penn, Barstool Sports . Industry, ESPN Bet, Investors, Acies Investments, Barstool Sports, Sharp Alpha, Disney, KeyBanc, CFRA Research, . Industry, ESPN —, Fox, Maxim Magazine, Sports, Fox Bet, Morningstar Locations: Macquarie, Canada

☆ Amazon says it’s delivering more packages in one day or less after overhauling delivery network
▼ + stars: | 2023-07-31 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

An Amazon driver loads packages into a delivery van at an Amazon delivery station on November 28, 2022 in Alpharetta, Georgia. Amazon has for years been marching toward making same-day and next-day delivery the standard for members of its Prime loyalty club. For the past four years, Amazon has poured money and resources into revamping its warehouse and delivery network to shorten shipping times from two days to one day or less. But Amazon's change cut costs and boosted delivery speeds, Madan said. Amazon plans to double the number of same-day sites in its network over the next two years, Madan said.

Persons: Amazon, Udit Madan, Madan, We've Organizations: U.S, Street, MWPVL International Locations: Alpharetta , Georgia

We are buying 225 shares of GE Healthcare (GEHC), at roughly $76.84 each, and 45 shares of Microsoft (MSFT), at roughly $334.26 apiece. The first position we are adding to is GE Healthcare Technologies . GE Healthcare fared much better than Dutch peer Phillips, which last week said its orders fell 8% in the second quarter. The difference in the two order rates suggests GE Healthcare is gaining market share. The medical-technology firm is seeing good momentum in its business, partly because many health-care providers are investing to improve patient care and productivity.

Persons: Jim Cramer's, Johnson, Phillips, what's, We've, we've, Jim Cramer, Jim, Spencer Platt Organizations: GE Healthcare, Microsoft, GEHC, Johnson, GE Healthcare Technologies, GE, Electric, CNBC, Traders, New York Stock Exchange, Getty Locations: –, New York City

☆ The market scoffs at GE Healthcare's beat and raise, but we see an opening
▼ + stars: | 2023-07-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

We first bought up a modest number of GE Healthcare shares in May, while patiently waiting for a retreat in the price. The difference between the two companies suggests to us that GE Healthcare may be taking market share in the industry. General Electric (GE) spun off GE Healthcare at the start of this year. Guidance Off the strength of the first half of the year, GE Healthcare raised its full-year outlook for organic revenue growth and adjusted EPS. Alzheimer's opportunity We continue to see upside for GE Healthcare as it attracts new business to support the launch of nascent Alzheimer's therapies.

Persons: GEHC, It's, Phillips, EBIT, Peter Arduini, Jim Cramer, Jim Cramer's, Jim, Jakub Porzycki Organizations: GE Healthcare Technologies, Alzheimer's, GE Healthcare, Dutch, GE, General Electric, CNBC, Nurphoto, Getty Locations: U.S

☆ Fanatics to launch live events business as it seeks to create a sports version of Comic-Con
▼ + stars: | 2023-07-13 | by ( Yuheng Zhan | ) www.cnbc.com time to read: +2 min

Fanatics will launch a new live events business that will look to recreate the Comic-Con experience for sports collectibles, the company said Thursday. The new venture, called Fanatics Events, will be a partnership with events and talent management giant IMG, which is part of Endeavor . Fanatics Events plans to organize global events through partnerships and acquisitions. Fanatics said Fanatics Events aims to start holding events next year. "Fanatics Events will be super-charged by the full power of Endeavor's flywheel, global network, and events expertise to deliver once-in-a-lifetime moments that fans will remember forever," said Paul Caine, president of On Location and IMG Events.

Persons: Goldman Sachs, DraftKings, Lance Fensterman, Fensterman, Paul Caine, –, Jessica Golden Organizations: Endeavor, Barclays, York Comic Con Locations: U.S

☆ Pizza Hut tests underground deliveries ahead of ‘Teenage Mutant Ninja Turtles’ movie release
▼ + stars: | 2023-06-24 | by ( Ashley R. Williams | ) edition.cnn.com time to read: +1 min

CNN —In a nod to the Teenage Mutant Ninja Turtles’ favorite food, Pizza Hut served up its signature dish to select customers in the subways of New York City, the company announced. The limited-time underground deliveries were part of a promotion for the upcoming film, “Teenage Mutant Ninja Turtles: Mutant Mayhem,” which hits theaters August 2, according to a news release. “Pizza Hut and Teenage Mutant Ninja Turtles have a longstanding history that goes back to the ’90s. A YouTube video from the pizza company showed subway travelers appearing in disbelief at Union Square station as the pizza they ordered via text was hand delivered to them. Pizza Hut has previously been involved with promoting films in the Teenage Mutant Ninja Turtles universe.

Persons: ”, Pizza, Lindsay Morgan, “, ” Morgan, van Organizations: CNN, San Diego Comic, MTV Locations: New York City, Manhattan, New York

☆ A.I. could ‘remove all human touchpoints’ in supply chains. Here’s what that means
▼ + stars: | 2023-06-19 | by ( Lucy Handley | ) www.cnbc.com time to read: +7 min

Ryan Collerd | Bloomberg | Getty ImagesArtificial intelligence is likely to shake up the transportation industry — transforming how supply chains are managed and reducing the number of jobs carried out by people, according to analysts and industry insiders. Sidewalk robots, self-driving trucks and customer service bots are on their way, along with generative AI that can predict disruptions or explain why sales forecasts may have been missed, according to industry executives. "AI may be able to totally (or nearly) remove all human touchpoints in the supply chain including 'back office' tasks," Morgan Stanley 's analysts led by Ravi Shanker stated in a research note last month. AI is the latest one of these potentially transformative technologies to emerge – and perhaps the most powerful to-date," the analysts added. This is a theme picked up by analysts at investment firm Jefferies, who made multiple predictions about the effect that generative AI will have on transportation and logistics.

Persons: Morgan Stanley, Ryan Collerd, Ravi Shanker, Morgan, Jefferies, Stephanie Moore, Navneet Kapoor, Kapoor, Maersk, Igor Rikalo Organizations: Hershey Co, Bloomberg, Getty, EV, Trucking, Logistics, CNBC, Maersk, o9 Solutions Maersk Locations: U.S, Russia, Ukraine

☆ Chris Christie's appeal with moderates and previous ties to Trump helped make him the 'George Washington' of sports betting, former lobbyist said
▼ + stars: | 2023-06-18 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +4 min

His ties to former Donald Trump helped foster relationships with companies, per the Times. One such company was sports betting site DraftKings, the Times reported. Christie asserts that his time working with the company did not overlap with his time working with Trump. Sports betting companies like DraftKings also paid Christie thousands to advise and lobby their interests. One unnamed source told the outlet that one company, Scientific Games, paid Christie $30,000 a month as a consultant in 2018.

Persons: Chris Christie, Donald Trump, —, Christie, DraftKings, Jeremy Kudon, Trump, George Washington, Kudon, Trump's Organizations: New York Times, Times, Service, Pacira Biosciences, Trump, Trump . Sports, Sports, Hall of Fame, Scientific, Scientific Games Locations: New Jersey

☆ One of the most dangerous hours in America is now 11 o’clock on Sunday morning
▼ + stars: | 2023-06-10 | by ( John Blake | ) edition.cnn.com time to read: +19 min

It would also foreshadow a disturbing trend that has only worsened in subsequent years: 11 o’clock on Sunday morning is now one of the most dangerous hours of the week in America, pastors and church security officials say. Brady Boyd, senior pastor of New Life Church, the same church where Assam confronted a gunman 16 years ago. And in 2018, a gunman killed 11 worshippers at the Tree of Life synagogue in Pittsburgh. But his church security does not have a monopoly on Sunday morning firepower. Consider this sobering Sunday morning scenario:A spiritual seeker visits a church and finds it filled with metal detectors and armed security guards carrying walkie-talkies.

Persons: Jeanne Assam, He’s, Beretta, Jake Stephens, Brian Snyder, ”, Brady Boyd, Boyd, “ That’s, Scott Olson, Rabbi Hillel Norry, Beth David, Norry, “, Kwon, Jeff Swensen, ” Norry, that’s, Shaukat Warraich, Dwayne Harris, Harris, Hope, ” Harris, Darren Hauck, Tim Russell, ‘ I’m, David Swanson, Pastors, Jesus ’, ” Boyd, Jesus, Tommy Mason, Mason, Joe Biden, Jill Biden, Saint Joseph, Beau Biden, Brendan Smialowski, Jerilee Bennett, George W . Bush, “ You’re Organizations: CNN, New, Church, Emanuel African Methodist Episcopal Church, Reuters Churches, New Life, White, Texas Church of Christ, Baptist, Security, Police, House Church, Geneva Presbyterian, Colorado Springs, Marion County Baptist Association, Service, Brandywine Catholic, “ Police, AP, Minneapolis Police Department Locations: Colorado, Assam, Colorado Springs, America, Charleston , South Carolina, Sutherland Springs , Texas, Texas, Orange County , California, Oak Creek , Wisconsin, Pittsburgh, Georgia, Pittsburgh , Pennsylvania, That’s, New Zealand, Missouri, ”, Geneva, Laguna Woods , California, Marion, Alabama, Saint, Brandywine, Brandywine Catholic Church, Wilmington , Delaware, AFP, AP Assam

☆ Amazon optimizes delivery network for speedier delivery, lower costs
▼ + stars: | 2023-05-13 | by ( ) www.reuters.com time to read: +1 min

May 13 (Reuters) - Amazon.com Inc (AMZN.O) said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the ecommerce giant's carbon emissions. At a time of slack consumer demand, Amazon and other online retailers have also been making efforts to slash costs for home delivery and returns. Amazon this week said it was offering U.S. customers $10 to pick up a purchase rather than have it shipped to a home address. As the company tightens its belt after a period of explosive growth, it has made numerous moves to reduce delivery-related costs across the company. The ecommerce company's move was first reported by the Wall Street Journal on Saturday.

☆ Reshoring is an emerging trend, earnings calls show — A UBS analyst gives his top pick
▼ + stars: | 2023-05-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

This earnings season there was a lot of chatter about reshoring — and for UBS, Eaton stands out as the winner of the trend. Government incentives and supply chain security are among the reasons corporate America is jumping on board the booming reshoring trend , which means returning operations to companies' original country from overseas. Reshoring mentions were up 104% year over year during the latest round of earning reports, Bank of America wrote in a note Monday. "They have the broadest set of touchpoints throughout the reshoring process," UBS analyst Chris Snyder said. The U.S. reshoring projects announced so far should drive 3% to 6% market growth for the nation's electrical market over the next five to seven years, essentially doubling its previous growth, Snyder calculated.

☆ From TikTok to partnerships, the best ways fintechs can attract quality customers amid a downturn, according to experts
▼ + stars: | 2023-05-01 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Balancing customer acquisition cost and customer lifetime value is difficult. Despite the market downturn, experts say startups need to be more savvy about going after new users. Fintechs need to take a quality over quantity approach when it comes to attracting new customers in a tightening market. One solution is to target customers who will offer greater lifetime value, Ron Shevlin, chief research officer at Cornerstone Advisors, said at the conference. Lifetime value is the amount of revenue a business will generate from a single customer.

☆ Despite a tightening market, fintechs need to be more savvy and selective in how they attract new customers, experts say
▼ + stars: | 2023-04-27 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Balancing customer acquisition cost and customer lifetime value is difficult. Despite the market downturn, experts say startups need to be more savvy about going after new users. Fintechs need to take a quality over quantity approach when it comes to attracting new customers in a tightening market. But despite the difficult market, experts say fintechs shouldn't simply be looking to grow their market share by any means necessary. Lifetime value is the amount of revenue a business will generate from a single customer.

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