Commerce – Grover Chamber http://groverchamber.com/ Wed, 23 Nov 2022 15:54:41 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://groverchamber.com/wp-content/uploads/2021/05/default.png Commerce – Grover Chamber http://groverchamber.com/ 32 32 iD doubles revenue after expanding commerce and social content https://groverchamber.com/id-doubles-revenue-after-expanding-commerce-and-social-content/ Wed, 23 Nov 2022 15:44:33 +0000 https://groverchamber.com/id-doubles-revenue-after-expanding-commerce-and-social-content/ Global youth and style publisher iD, which Vice Media acquired a decade ago in December, has seen a substantial increase in revenue after placing greater emphasis on social and business content. The publisher grew its eight-figure revenue by 100% year-over-year, according to chief revenue officer Geoff Schiller, who wouldn’t share exact numbers. His business, which […]]]>

Global youth and style publisher iD, which Vice Media acquired a decade ago in December, has seen a substantial increase in revenue after placing greater emphasis on social and business content.

The publisher grew its eight-figure revenue by 100% year-over-year, according to chief revenue officer Geoff Schiller, who wouldn’t share exact numbers. His business, which generates revenue through affiliate links, merchandise sales and print magazines, also grew by a double-digit percentage.

The publisher generates around 90% of its revenue from advertising, which includes sponsorships on its website, social media and newsletters.

But it has focused on growing its business division, as iD appeals to an audience of young, affluent consumers – a coveted readership for luxury brands looking to age their customer base.

To do this, the publisher has reduced the amount of plain text content it produces, changing its editorial mix to include more business content and vertical video.

“The mandate has been to go deeper into social-first than text, and iD has made a significant investment in Instagram and TikTok,” Schiller said. “It’s not throwing darts at the wall: if Gen Z wants to consume content on social media, we need to maximize our presence there.”

The approach mirrors how social media-focused publishers have adjusted their distribution strategies to prioritize vertical video. And by guiding subscribers to the iD website, where it hopes to convert them into buyers, the tactic underscores the importance of commerce for publishers as a way to diversify their revenue streams.

Building a brand at the intersection of content and commerce

iD, like other Vice Media brands, has always sought to connect with readers where they prefer to consume content, typically social platforms or video havens like YouTube.

As its audience shifted to sites offering vertical video, iD followed suit, said Lucy Delacherois-Day, its chief executive. In September, the publisher redesigned its website to integrate video directly into its domain.

“We doubled down on our efforts to leverage social media for content and commerce in 2022 and will continue to leverage this growth and potential through 2023,” Delacherois-Day said.

Year-over-year, the strategy worked, reporting iD a 150% increase in followers on Instagram Reels and 50% growth in followers on TikTok.

By taking advantage of the renewed interest in vertical video, the publisher hopes to capture the attention of viewers on both platforms and redirect them to its website, where it can convert them into buyers.

Compared to the same period last year, iD increased its monthly page views by 85%, according to the publisher. And since affiliate business is, to some extent, a numbers game, an increase in traffic will almost always lead to an increase in transactions.

Once there, readers tend to turn to shopping content that conveys the iD ethos, such as a roundup of independent designers from the spring-summer 2023 season or its weekly GUi-DEs, according to Delacherois. -Day.

Collaborations and activations aim to grow audience in the US

To draw more attention to its business offerings, iD plans to experiment with more merchandise collaborations, which will allow the publisher to reach new audiences and trade on its fashion pedigree.

Last year’s partnerships with celebrities like Rihanna, Travis Scott and Billie Eilish have been gratifying for the publisher, although it doesn’t share the specific results of the campaigns.

On December 6, in partnership with a digital retailer, the publisher will unveil a docuseries podcast called Identity, which will follow the evolution of the style. It also has an Art Basel activation planned with designer Marc Jacobs and a Fashion Month activation in preparation for next September, according to Schiller.

The collaborations, in addition to being a revenue opportunity, also aim to increase awareness of the iD brand in the United States, where 50% of its audience lives. The publisher hopes that by expanding its presence in North America, it will increase its commercial ceiling.

“iD has been the best-kept secret in the United States because it’s a global brand, but we don’t want to be a secret anymore,” Schiller said. “We are looking to make a splash next year.”

]]>
How Temu HQ is changing the game in e-commerce shopping and delivery https://groverchamber.com/how-temu-hq-is-changing-the-game-in-e-commerce-shopping-and-delivery/ Mon, 21 Nov 2022 07:16:26 +0000 https://groverchamber.com/how-temu-hq-is-changing-the-game-in-e-commerce-shopping-and-delivery/ Temu is the town’s talking point in the online shopping world, having debuted in September and winning over shoppers with its brand of wholesale pricing on internationally sourced products for retail shoppers. Temu is known for its quality and affordability, and is committed to delivering exceptional value to consumers. Temu is headquartered in Boston, Massachusetts. […]]]>

Temu is the town’s talking point in the online shopping world, having debuted in September and winning over shoppers with its brand of wholesale pricing on internationally sourced products for retail shoppers. Temu is known for its quality and affordability, and is committed to delivering exceptional value to consumers. Temu is headquartered in Boston, Massachusetts.

The platform aims to redefine the e-commerce landscape with its innovative features. Temu blurs the lines between retail and wholesale, offering quality products at ex-factory prices that were previously only offered to professional shoppers in department stores or mass merchandisers. At Temu, consumers can buy what they want, when they want and how much they want, right at their fingertips!

Who owns Temu?

Temu is the latest addition to PDD Holdings, a Nasdaq-listed multinational trading group (NASDAQ:PDD) focused on bringing the comfort and convenience of online shopping to market.

PDD Holdings has extensive experience in e-commerce. In 2021 alone, the group managed to fulfill 61 billion orders through its e-commerce ecosystem. This supply network includes more than 11 million manufacturers serving nearly 900 million customers to date. It generated $14.7 billion in revenue and $2.2 billion in net profit in 2021.

How is Temu different?

What sets Temu apart from other e-commerce platforms is its access to PDD Holdings’ sourcing, fulfillment and logistics capabilities. Temu is a platform connecting global small businesses to consumers. Temu leverages PDD Holdings’ sourcing, order management, and logistics fulfillment capabilities to source the best products from leading manufacturers and suppliers, wherever they are,

Temu is able to provide its consumers with an almost limitless variety of international items that buyers cannot get anywhere else, which gives the platform an edge over its competitors. Temu has over 100 product categories on its platform. The quality of these items is second to none, with shoppers praising Temu for its high quality products.

One user said, “Temu is amazing! It has really improved my online shopping experience especially with great products and fast delivery. I was apprehensive at first as I thought I was ordering from another site overseas, but having their head office here in the country gave me confidence in their site – and it also made it easier to customer service !

Temu is undoubtedly still working to improve its platform. He predicts that by providing on-time delivery, continuously improving customer service, and providing a fun and engaging shopping experience, he would be able to attract a large enough market.

Feel the difference when shopping at Temu and enhance your online shopping experience. Make every day a sales day and find exactly what you need through the platform. With great deals and irresistible prices, there’s always a reason to shop at Temu!

]]>
Quantifying the global e-commerce slowdown • TechCrunch https://groverchamber.com/quantifying-the-global-e-commerce-slowdown-techcrunch/ Fri, 18 Nov 2022 19:35:59 +0000 https://groverchamber.com/quantifying-the-global-e-commerce-slowdown-techcrunch/ The COVID-19 pandemic was many things. Global contagion. Health disaster. Announcing new geopolitical tensions and a long-running commentary on how far we’re willing to go to protect – or not – our fellow human beings. It was also a commercial earthquake that shook most industries around the world. But as soon as COVID entered the […]]]>

The COVID-19 pandemic was many things. Global contagion. Health disaster. Announcing new geopolitical tensions and a long-running commentary on how far we’re willing to go to protect – or not – our fellow human beings. It was also a commercial earthquake that shook most industries around the world.

But as soon as COVID entered the scene, smashing supply lines and business models, it faded as well. After most of the world learned to live with – or simply decided to suffer – the health effects of the pandemic, many industries reverted to their former form. Airlines have moved from trash to first class; in contrast, tech companies have gone from darlings to maligned.


The Exchange explores startups, markets and money.

Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday.


Some tech concerns have seen tailwinds during COVID, as a recently reformed business climate has helped them thrive for a while. You can cast a wide net here: Robinhood is exploding in part thanks to consumers stuck at home with more money than usual, Instacart is seeing explosive demand for its grocery delivery service. Some tech companies have gone the other way, as was the case with Airbnb’s business cratering in the early months of COVID, as go places went from aspirational to crazy overnight.

Since the return to what passes for normalcy, companies initially impacted by COVID have charted divergent paths. Robinhood lost some of its luster when its user base, according to the usually discussed narrative, returned to the outdoors. Instacart saw its growth slow but managed to hold on to its pandemic-era gains.

Airbnb, an early example of the layoffs COVID could induce in once healthy businesses, has recovered and retained much of its value since going public, a rare feat for its IPO cohort.

]]>
Associate Promotions at National Bank of Commerce – Duluth News Tribune https://groverchamber.com/associate-promotions-at-national-bank-of-commerce-duluth-news-tribune/ Wed, 16 Nov 2022 06:07:00 +0000 https://groverchamber.com/associate-promotions-at-national-bank-of-commerce-duluth-news-tribune/ The National Bank of Commerce (NBC) has announced the promotion of three of its associates. • Linda Aune, is now VP – Chief Operations Officer. His responsibilities will be to develop and implement operational strategies and innovative ideas to contribute to the strategic objectives of the organization. Linda has been in the banking industry for […]]]>

The National Bank of Commerce (NBC) has announced the promotion of three of its associates. • Linda Aune, is now VP – Chief Operations Officer. His responsibilities will be to develop and implement operational strategies and innovative ideas to contribute to the strategic objectives of the organization. Linda has been in the banking industry for 37 years and has held many different positions during her distinguished career. She is from Duluth and has made an impact in our community by volunteering for organizations such as United Way, Grandma’s Marathon, Junior Achievement and Habitat for Humanity. Eric Albrecht, the new president of NBC Bank on January 1, said, “NBC is thrilled to be able to promote from within, which shows the talent we have as an organization. Linda’s leadership will create an environment where other leaders can grow, which ultimately drives the bank forward. • Brian Milliken, is now SVP – Chief Commercial Banking Officer. Brian will be responsible for managing BNC’s commercial banking team and ensuring that we serve businesses in our communities. Brian is a native of Superior and has worked in the banking industry for 16 years. He sits on the board of several local organizations such as the Superior & Douglas County Development Association and the Superior Business Center Inc. Eric Albrecht, said, “Imagination creates the ideas that turn into success. I’m thrilled that Brian is learning and growing within our organization and truly being able to bring NBC’s slogan of making more possible to life. • Blaze Zenner, is now VP – Director of Commercial Credit. His responsibilities will be to ensure the good credit quality of BNC’s commercial loan portfolio. Blaze has been in the banking industry for over 35 years and has held many different positions during his distinguished career. A native of central Minnesota and a graduate of the University of Minnesota at Duluth, he worked outside the area for several years before returning to the Twin Ports in 1990, where he has lived with his family ever since. He has been an active member of the community, volunteering with organizations such as Duluth United Way, Duluth Chamber of Commerce, Cathedral of Our Lady of the Holy Rosary, Knights of Columbus, and Grandma’s Marathon. Dave Strum, SVP – Director of Commercial Credit said, “Blaze has extensive knowledge of the banking industry and we pride ourselves on being able to promote from within. I am delighted to see him transition into this new role while continuing to help advance the bank’s commercial team. The National Bank of Commerce is headquartered in Superior and also has branches in Duluth, Esko, Hermantown, Hibbing, Poplar and Solon Springs. The bank’s web address is nbcbanking.com.

]]>
Air Force Hosts Texas A&M-Commerce Monday Night https://groverchamber.com/air-force-hosts-texas-am-commerce-monday-night/ Sun, 13 Nov 2022 18:23:37 +0000 https://groverchamber.com/air-force-hosts-texas-am-commerce-monday-night/ History links Texas A&M-Commerce vs. Air Force Monday, November 14 – 7:05 p.m. MT Clune Arena (5,843) – USAFA, CO BROADCAST INFORMATIONTV/Broadcast: MWN (Talent: Rachel Galligan and Roland Vargish)Radio: AM 740 KVOR (PxP – Jim Arthur) Live Stats: Statbroadcast (AirForceStats.com) THE BREAKDOWNQuick Facts: Air Force/Texas A&M-CommerceFile: 1-1/0-2Record 2021-22: 11-18, 4-13, […]]]>

Texas A&M-Commerce vs. Air Force

Monday, November 14 – 7:05 p.m. MT
Clune Arena (5,843) – USAFA, CO

BROADCAST INFORMATION
TV/Broadcast: MWN (Talent: Rachel Galligan and Roland Vargish)
Radio: AM 740 KVOR (PxP – Jim Arthur)
Live Stats: Statbroadcast (AirForceStats.com)

THE BREAKDOWN
Quick Facts: Air Force/Texas A&M-Commerce
File: 1-1/0-2
Record 2021-22: 11-18, 4-13, 9th MW/17-9, 9-5 Lone Star Conf (In Sun Belt in 22-23)
Series: W1/L4
Last game: F, 75-71 vs. Delaware/L, 80-77, at Northern Colorado
Next game: 11/17 vs Portland / 11/18 vs UNC Asheville
Nickname: Falcons/Lions
Location/Registration: Colorado Springs, CO/4000/Commerce, TX
Website: GoAirForceFalcons.com/LionAthletics.com

THE COACHES
The Head Coach: Joe Scott/Jarrett von Rosenburg
Alma Mater: Princeton, 1987/Hartford, 2009
School record: 68-102 (season 7)/88-48 (season 6)
Career record: 252-279 (19th season)/same
Record against opponent: first encounter/first encounter

THE SERIES
Overall: first meeting

NOTICE:
– Texas A&M-Commerce is the third consecutive Air Force opponent it faces for the very first time.
– The Air Force is looking for its third straight win at home.
– The Air Force has seven players on its roster from the state of Texas, the most of any state.
– The Air Force ranks 69th in the nation in field goal defense, allowing 36.3 percent shooting.
– 17 of the 20 on the Air Force list are freshmen and sophomores. The Air Force has only three members of the upper class.
– Air Force is playing the second of seven straight home games at Clune Arena.
– Air Force plays a record 19 home games in 2022-23.

NEXT:
The Air Force hosts Portland on Thursday, November 17. Tip time is 7:05 p.m. MT and the game will air on the Mountain West Network.

]]>
Hiring Our Heroes pays tribute to former Senator Elizabeth Dole https://groverchamber.com/hiring-our-heroes-pays-tribute-to-former-senator-elizabeth-dole/ Thu, 10 Nov 2022 19:39:00 +0000 https://groverchamber.com/hiring-our-heroes-pays-tribute-to-former-senator-elizabeth-dole/ WASHINGTON DC – U.S. Chamber of Commerce President and CEO Suzanne P. Clark presented the Honorable Elizabeth Dole with the President’s Lifetime Achievement Award at the 12th Annual Lee Anderson Hiring Gala Our Heroes Awards, presented by the USAA, Nov. 9 at historic Decatur House. “Throughout a lifetime of public service, Senator Elizabeth Dole’s passion […]]]>

WASHINGTON DC – U.S. Chamber of Commerce President and CEO Suzanne P. Clark presented the Honorable Elizabeth Dole with the President’s Lifetime Achievement Award at the 12th Annual Lee Anderson Hiring Gala Our Heroes Awards, presented by the USAA, Nov. 9 at historic Decatur House.

“Throughout a lifetime of public service, Senator Elizabeth Dole’s passion has been to lend her voice to the voiceless and find purpose in service to others. No one deserves the President’s Hiring Our Heroes Lifetime Achievement Award more and on behalf of the United States Chamber of Commerce, I am honored to have the opportunity to celebrate his accomplishments,” said Clark.

Dole founded Caring for Military Families: The Elizabeth Dole Foundation in 2012 to educate and support the 5.5 million spouses, mothers, fathers and other loved ones who care for our nation’s wounded warriors. Over the past decade, Hiring Our Heroes and the Elizabeth Dole Foundation have worked together to identify employment opportunities for caregivers and resources for employers to hire and retain caregivers.

“Too many carers still struggle to hold down a job, especially one that rises to the level of their qualifications,” Dole said. “We owe it to these hidden heroes to explore every possible way to keep the American workforce open to military caregivers – from flexible work hours to telecommuting options to more generous paid leave policies.”

In addition to the President’s Award, Hiring Our Heroes has presented several other awards to individuals and organizations committed to serving and supporting military veterans and their families.

The Colonel Michael Endres Leadership Award for Individual Excellence in Veteran and Military Spouse Employment was presented to a United States Marine Corps Veteran Handsome Higgins. Higgins is senior director of military talent acquisition at Amazon.

Wells Fargo was recognized with the Lee Anderson Veteran and Military Spouse Employment Award for overall excellence in hiring and retaining veterans, transitioning military members and military spouses.

Prudential Financial’s Vice President for Inclusion and Diversity, Robert Barea, presented In effect with the Steve Robinson Post-9/11 Veteran Employment Award.

The Wounded Veteran and Caregiver Employment Award, presented by Comcast, went to Booz Allen Hamilton for his demonstrated leadership in addressing the unique employment issues faced by wounded warriors and military caregivers and in creating pathways to economic stability.

T-Mobile received the Military Spouse Employment and Mentoring Award, presented by USAA and the Military Community Nonprofit Leadership Award, presented by NBCUniversal, was awarded to the D’Aniello Institute for Veterans and Military Families at Syracuse University.

Sportswear line owned by black, women and veterans ICON was recognized as the winner of this year’s Capital One Small Business Award. ICONI means “I can overcome, nothing is impossible”.

About hiring our heroes

Hire Our Heroes (HOH)is a 501(c)3 organization of the US Chamber of Commerce Foundation. The nonprofit was launched in March 2011 as a national initiative to help veterans, transitioning military members and military spouses find meaningful employment. Together with the U.S. Chamber of Commerce’s extensive network of state and local chambers and other strategic partners from the public, private, and nonprofit sectors, Hiring Our Heroes has helped hundreds of thousands of veterans and military spouses find meaningful employment through its comprehensive training and hiring events. , scholarship programs and online tools. HOH programs and services are available in all 50 states, Puerto Rico, the District of Columbia and on military installations worldwide. For more information on programming and initiatives: HiringOurHeroes.org; @HiringOurHeroes on LinkedIn, Facebook, Twitter and Instagram.

About the U.S. Chamber of Commerce Foundation

The US Chamber of Commerce Foundation is dedicated to strengthening America’s long-term competitiveness. We educate the public about the conditions necessary for businesses and communities to thrive, how businesses positively impact communities, and emerging issues and creative solutions that will shape the future.

]]>
Top eCommerce Challenges for 2023 and How to Overcome Them https://groverchamber.com/top-ecommerce-challenges-for-2023-and-how-to-overcome-them/ Mon, 07 Nov 2022 21:52:56 +0000 https://groverchamber.com/top-ecommerce-challenges-for-2023-and-how-to-overcome-them/ Due to the pace at which the internet and technology are developing, e-commerce was an inevitable evolution. The COVID-19 pandemic, however, has further accelerated the growth of e-commerce. Store closures and movement restrictions have driven more online shopping than ever before. This growth continued into 2022 and the market will grow to $8.1 trillion […]]]>

Due to the pace at which the internet and technology are developing, e-commerce was an inevitable evolution.

The COVID-19 pandemic, however, has further accelerated the growth of e-commerce. Store closures and movement restrictions have driven more online shopping than ever before. This growth continued into 2022 and the market will grow to $8.1 trillion by 2026, according to Statista, an increase of 56%.

This evolution has also resulted in some of the biggest e-commerce challenges for brands and retailers. Customer behavior continues to change, new competitors are entering the market daily, and data privacy laws have become more complex to navigate.

For brands and proactive distributors, these challenges are opportunities to strengthen their positions and develop their customer base. In this article, we will explore the biggest challenges facing the e-commerce industry in 2023 and how to overcome them.

Challenge 1: Rising customer expectations

Advances in technology are forcing brands and e-commerce store owners to keep up with an increasingly demanding customer base. Consumers want a shopping experience that’s simple and convenient, personalized and engaging. They want to be able to track their orders, shop across multiple channels, and receive real-time updates on the status of their orders and deliveries.

To keep pace, small e-commerce businesses must anticipate consumer expectations and meet those expectations. The best ways to achieve this goal are indirect research and direct communication. For example, after-sales surveys, social media monitoring, and direct communication with the support team are all ways to collect information about customer expectations and complaints.

Businesses need to understand buyers’ key pain points and design solutions based on their feedback. Some of these solutions include the following:

  • Self-service possibilities. Self-service may include chatbots on websites or mobile apps that answer questions or assist with order-related queries. With 24/7 support, customers can ask questions anytime and get answers quickly.
  • Various shipping and pickup options. Customers have different needs when it comes to delivery options. Some people prefer in-store pickup, and others may want free next day shipping or next day delivery.
  • Different payment options. Not everyone is comfortable with online credit cards. Some people prefer to pay with other online payment services or use cash on delivery.
  • Simple payment process. When customers checkout, they shouldn’t have to fill out many fields with their personal information each time. Instead, they should have the ability to save information to purchase items faster in the future.

Challenge 2: Competition from direct-to-consumer brands

Direct-to-consumer (D2C) brands sell products or services directly to customers instead of using resellers or distributors. These brands have been around for a while, but they have come to the fore during the pandemic.

The D2C e-commerce market grew significantly in 2020, according to Smart Insights, reaching $111.54 billion. This increase is not surprising given the delay in supply chains, order delays and the closure of in-person retail caused by the pandemic.

For example, the SaaS industry has seen the fastest growth among D2C companies. Innovative software has become accessible even to customers with modest budgets, thanks to subscription-based pricing models. By cutting out the middleman, D2C brands can deliver quality at lower prices.

As most D2C brands start with meager marketing budgets, they develop innovative marketing strategies. Tactics like influencer marketing, content marketing, and personalization can help attract new customers and build long-term customer loyalty. Some D2C brands create online communities where customers can actively shape the product development roadmap.

To shape this roadmap, brands can take the following steps:

  • Build a strong online presence and product catalog.
  • Produce high-quality content regularly to engage target audiences through different channels.
  • Deliver seamless user and shopping experiences.

These steps can help gather valuable information about customer needs and provide products and services that meet those needs.

E-commerce sales continue to grow, so businesses need to understand its unique challenges to improve their strategies and CX.

Challenge 3: Trading Across Borders

Cross-border trade emphasizes the advancements that e-commerce has made in recent years and offers retailers new opportunities to grow their business by tapping into previously inaccessible markets.

However, this growth comes at a cost for some online retailers. Some challenges include the following:

  • Cross border delivery. This can be tricky, especially if third parties are handling the shipping. E-commerce companies that operate internationally should consider having a network of local warehouses instead of a single central headquarters. While not cheap, warehouse networks can streamline shipping, reduce the risk of lost merchandise, and lower costs.
  • Language barrier. Most e-commerce platforms only offer support in their native language, although players like Shopify and BigCommerce are making improvements. This can cause delays in resolving issues, such as customer complaints. Merchants who wish to benefit from cross-border trade should offer support in multiple languages. Investing in multilingual customer support can dramatically improve customer satisfaction and boost sales.
  • Currencies. In some cross-border scenarios, currencies differ from country to country, making price calculations more complex and costly for the retailer. Partnering with payment processing providers that can support transactions in multiple currencies can help businesses trade across borders and transact in foreign currencies.

Challenge 4: Consistency across channels

Improving CX also means ensuring a consistent experience across all channels. The omnichannel experience requires brands to be present on different platforms, as long as those channels are tailored to the brand’s target consumers. More importantly, brands need to deliver a seamless experience across all channels.

Consumers need to be able to shop easily across all channels without encountering issues or inconsistencies in customer service, product availability, pricing, content, delivery options, etc. This requires brands to understand their target audience, what motivates them, and how they make decisions.

To create consistency across all channels, companies should ensure that the following points are consistent:

  • company history;
  • messaging;
  • products and services;
  • look, including logo, typography, layout, etc. ; and
  • customer interactions through different touchpoints – such as phone calls and live chats – and through different communication tools, such as email and social media.

Challenge 5: Data security

Data security is one of the biggest challenges in e-commerce, and it will continue to be in 2023.

Companies are putting a lot of effort into developing data-driven e-commerce services. These services can help brands with shipping, retail management, and multi-channel approaches, such as buy online, collect in store, and buy online, ship to store.

However, the amount of data that needs to be processed and stored is enormous – from customer profiles and purchase histories to website analytics and inventory management data. Moreover, all this data must be secured against cyberattacks, data breaches, viruses, hacking attempts and more. Addressing these data security issues requires an IT infrastructure capable of handling huge amounts of data to ensure its security and privacy.

For example, when it comes to choosing a payment processor, companies should primarily focus on compliance with the Payment Card Industry Data Security Standard, which is the minimum level of security for processing online transactions.

Businesses can also benefit from the expertise and support of payment service providers, who offer:

  • On-site penetration testing for fraud detection. These tests minimize the risk of compromising sensitive data and provide peace of mind to merchants and their customers.
  • Encryption of sensitive data. As hackers get smarter and security breaches become more common, businesses need strong encryption algorithms to protect their customers’ personal data, especially when it’s transmitted over the Internet.
  • Tokenization of payment identifiers. While encrypted credit card information prevents unauthorized users from accessing it, tokenization renders the information useless in the event of theft, effectively reducing the risk of fraudulent charges.

The bottom line

In 2023, the e-commerce industry will continue to grow. Due to its fast-paced nature and ever-changing business environments, we can expect more challenges in 2023. Consumer behavior will continue to change, data security threats will continue to increase, and the boundaries between physical and digital purchases will continue to fade.

However, companies that follow these trends will be able to seize opportunities to increase revenue and boost sales.

About the Author
Robert Brandl’s passion has always been web tools that make life easier. That’s why he founded Tooltester, where you can find reviews and tutorials for the world’s best website builders, e-commerce platforms, and web hosting services.

]]>
The Saline Region Chamber of Commerce has a new Executive Director https://groverchamber.com/the-saline-region-chamber-of-commerce-has-a-new-executive-director/ Fri, 04 Nov 2022 23:28:13 +0000 https://groverchamber.com/the-saline-region-chamber-of-commerce-has-a-new-executive-director/ Experience, knowledge, energy and dedication are some of the traits that Michelle Dugan brings to the role of General Manager of the Saline Region Chamber of Commerce. Needing leadership, Dugan was hired by the Board of Directors to help steer the chamber in the right direction while striving to achieve its mission of helping maintain […]]]>

Experience, knowledge, energy and dedication are some of the traits that Michelle Dugan brings to the role of General Manager of the Saline Region Chamber of Commerce.

Needing leadership, Dugan was hired by the Board of Directors to help steer the chamber in the right direction while striving to achieve its mission of helping maintain a positive economic climate and serving as a meaningful resource for all. types of business needs and referrals.

The Sun Times News (STN) recently caught up with Dugan and sat down with her in the chamber’s new office, located at 100 E. Michigan Avenue, Suite 10, which is directly below Mac’s Acadian Seafood Shack.

The chamber serves the town of Saline and the local townships of Bridgewater, Lodi, Pittsfield, Saline and York.

Michelle Dugan, photo courtesy of Floral City Images

STN asked Dugan how she feels about being the new director.

“People have a natural need to belong and come together,” she said. “Chambers of commerce are gathering points. Businesses are the greatest unifier of human effort on the planet. It’s exhilarating to bring business people together for mutually beneficial causes.

Prior to Saline, Dugan worked at the Monroe County Chamber of Commerce for 26 years. She also worked in the economic development department of the City of Monroe & Monroe County Industrial Development Corporation for six years, as well as the Gladstone, Missouri Chamber for nearly two years and the St. Joseph, Missouri chamber for nearly six years.

She made a career out of running a chamber of commerce. She served more than 20 years in her hometown of Monroe, but the opportunity to come to Saline and help run the chamber was a new challenge she wanted to take on.

STN asked her about her goals and she said that as a business organization they are twofold:

#1, “Bringing Business People Together” and #2, “Adding Value to Their Business Operations”.

She said the chamber has a “mission, vision, values ​​and pillars that drive everything we do at the Saline Region Chamber of Commerce.”

Among her various duties, she said her role here is to mentor staff and volunteers to live up to these commitments while also reporting to a strong board of directors. All of them mean so much to the House.

Giving insight into her personal life, which contains a great adventure, she said that she and her husband, Pete, have a 13-year-old daughter, Jana, and love to explore the outdoors in her Jeep Wrangler.

STN asked what they would like the community to know about them.

“As a problem solver, I’m passionate about helping businesses thrive,” she said. “My personal mission statement is to help people help themselves.”

If you would like to get in touch with Dugan, you can email him at director@salinechamber.org or by phone at 734-429-4494. For more information on the chamber, visit www.salinechamber.org.

]]>
Paulding Chamber of Commerce celebrates business at annual banquet https://groverchamber.com/paulding-chamber-of-commerce-celebrates-business-at-annual-banquet/ Wed, 02 Nov 2022 11:37:56 +0000 https://groverchamber.com/paulding-chamber-of-commerce-celebrates-business-at-annual-banquet/ The Paulding Chamber of Commerce hosted its annual Chamber Appreciation Banquet on Tuesday, October 25, 2022 at Grant’s Catering in Antwerp. Paulding Chamber members enjoyed an evening of good food, good fellowship, rewards and fun with a Cake Dash. Diamonds & Denim was the theme of the evening. Several companies were recognized for their business […]]]>

The Paulding Chamber of Commerce hosted its annual Chamber Appreciation Banquet on Tuesday, October 25, 2022 at Grant’s Catering in Antwerp. Paulding Chamber members enjoyed an evening of good food, good fellowship, rewards and fun with a Cake Dash. Diamonds & Denim was the theme of the evening. Several companies were recognized for their business achievements.

10 Year Milestone Awards – Friends of Carnegie Library of Paulding County; Communications RayleCom

15 Year Milestone Awards – Advanced Rehabilitation Technologies; Edward Jones, Phil Recker; Westwood Behavioral Health Center

20 Year Milestone Awards – Small Business Technologies

25 Year Milestone Awards – The Awards Shop

30 Year Milestone Awards – United Way of Paulding County

Guy Dasher, President of the Flat Rock Creek Fall Festival received the Legacy Award. The Legacy Award recognizes someone in our community who has given their time and talent to build a better future.

Mitch and Ashley Maibach, owners of Grounded Coffee & Crumbs, received the Business Leader of the Year award and the Golden Shovel award. The Business Leader of the Year is an individual who has excelled in a leadership role in a member business. They are innovative, employee-motivating and civically engaged, and have made outstanding contributions that have had a major impact on their business, industry and community.

Amanda Steel, Paulding Ace Hardware & Rental, received the Young Professional of the Year award at the Paulding Chamber Appreciation Banquet. The Young Professional of the Year is an individual (aged 20-40) who is leading a successful career and has made innovative contributions to their business/community. This person has distinguished themselves as the future leader of the company/organization.

]]>
Gipson highlights successes, challenges in agriculture and trade https://groverchamber.com/gipson-highlights-successes-challenges-in-agriculture-and-trade/ Sat, 29 Oct 2022 23:52:30 +0000 https://groverchamber.com/gipson-highlights-successes-challenges-in-agriculture-and-trade/ Mississippi Agriculture and Commerce Commissioner Andy Gipson addressed state economic leaders at the Mississippi Hobnob hosted by the Mississippi Economic Council. Commissioner Gipson began his address by singing the first verse of “A County Boy Can Survive” by Hank Williams, Jr. He then highlighted the successes and challenges of agriculture and commerce, while offering practical […]]]>

Mississippi Agriculture and Commerce Commissioner Andy Gipson addressed state economic leaders at the Mississippi Hobnob hosted by the Mississippi Economic Council. Commissioner Gipson began his address by singing the first verse of “A County Boy Can Survive” by Hank Williams, Jr. He then highlighted the successes and challenges of agriculture and commerce, while offering practical solutions for the future.

Recognizing the importance of agriculture in Mississippi, Commissioner Gipson said, “The backbone of our economy is agriculture, and farmers have suffered, but they continue to plant and grow the next crop. We must sincerely thank our farmers. Thanks to them, we will survive,” Gipson said.

Gipson described the successes of the Mississippi Department of Agriculture and Commerce (MDAC) over the past year. In addition, he detailed steps taken to address two specific issues that have resulted in positive solutions – a new water well system on the State Fairgrounds to ensure critical water needs on the property are continuously met and the multi-agency law enforcement cooperation that resulted in a safe Mississippi State Fair. Highlighted MDAC successes included:

  • The Mississippi State Fairgrounds hosted a record-breaking Dixie National Livestock Show and Rodeo with record ticket sales and the highest-grossing Junior Champion sale.
  • The new 750-foot deepwater shaft system on the Mississippi State Fairgrounds was completed in February.
  • The Mississippi Agriculture and Forestry Museum, recently named Small Festival of the Year by the Mississippi Tourism Association for its annual Pickle Fest, has successfully resumed hosting in-person excursions.
  • The first year of the Ag Youth Council, MDAC’s youth leadership program, has been successfully implemented.
  • Meat processing capacity has increased with the opening of new local meat processing facilities in the state.
  • MDAC held its first international trade training in conjunction with the Southern US Trade Association.
  • MDAC hosted its first Mississippi lumber inbound trade mission with buyers from five countries participating. The trade mission resulted in lumber sales of $7 million during the week of the event, with future sales expected in the millions.
  • Several new farmers’ markets have opened with the help of MDAC, prompted by renewed interest in the farmers’ market.
  • Mississippi grain was successfully shipped by a new grain elevator to the delta. More than 8 million bushels of grain were shipped by rail while traffic on the Mississippi River was slowed or stopped.
  • The Mississippi State Fairgrounds held a successful and safe state fair with attendance reaching near pre-pandemic levels.

Commissioner Gipson addressed the significant but unique challenges affecting agriculture and trade, including labor shortages, record inflation, international conflicts, strike threats, the exhaustion of energy and the historically low water levels of the Mississippi River, while highlighting the resilience of American farmers.

“In 2022, farmers endured, as consumers endured, the highest prices for everything from animal feed to seed and fertilizer. It cost twice as much to get a harvest, so thank our farmers when you see them. Agriculture allows us to survive,” Gipson said.

Looking ahead, Gipson noted that steps can be taken to mitigate the severe supply chain challenges we face. He shared five practical solutions: first, we need to strengthen and support our existing local food supply chains, starting with buying local food from local farmers; second, starting now, we must teach future generations the need to grow up and join the labor market; third, we must intentionally nurture our next generation of farmers; fourth, as a state, we need to develop a strategic shipping and transportation plan using our abundance of transportation resources; and fifth, we must enact energy, land use, labor, and trade policies from the local to the federal level that will support agriculture and trade, not fight them.

“Whether it’s city planners in Clinton, Mississippi, or policy makers in Washington, DC, everyone needs to understand that agriculture is not the enemy. Agriculture is our lifeblood. Agriculture is our way of surviving, and Mississippi will survive and thrive as we face the challenges ahead,” Gipson said.

Agriculture and Commerce Commissioner Andy Gipson addressed the state’s economic leaders and highlighted successes and challenges in agriculture and commerce, while offering practical solutions for the future . (Courtesy picture)
]]>