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Imagine A Mall Without Any Stores: Will Online Shopping Make Retail Units Obsolete?

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The number of people who shop online is increasing year on year. In 2016, shoppers made 51 percent of purchases online, and this is a trend that has been developing and gathering speed over the course of the last five years. With Internet shopping on the rise, is it unquestionable to think of a mall without any stores? In years to come, will the idea of going shopping with friends or indulging in retail therapy involve gathering around a screen or discussing purchases and swapping photos on an instant messaging group?

The rise of Internet shopping

Research suggests that the popularity of online shopping is growing all the time. There are more sites out there, there’s more choice, and people are increasingly reliant on convenient ways of shopping. While there’s still a strong case for physical stores, especially during peak periods, like the holidays, there’s no getting away from the fact that more people are choosing to use the Internet rather than visiting a store. Trends show that it’s also not just a case of shopping on your favourite store’s website. Online-only shops are also beginning to dominate the market. According to data from the Office for National Statistics in the UK, businesses like Amazon and Asos are building their client base on a daily basis. In 2015, these online-only stores took almost 50 pence out of every pound spent online. This is a significant increase from 41 pence in 2014.

Online shopping is more accessible than ever before, and it’s available 24-hours a day, almost anywhere imaginable. In 2017, 96 percent of Americans shopped online. Although most purchases are still made offline, the gap between the web and physical stores is closing all the time.

What’s so good about online shopping?

Online shopping offers a range of benefits for consumers, especially those who don’t have the time or energy to hit the shops. With an Internet connection, you can browse, choose an item and pay in a matter of seconds. Time is of the essence for many shoppers. Although some enjoy moseying around the stores and trying things on, shopping is not everyone’s idea of fun, and online shopping can make the experience much less stressful and time-consuming. You can order what you want or need at the tap of a button from anywhere you like. You can shop in bed, on the train or while you’re sipping a cool drink on vacation. There are virtually no limits when it comes to online shopping due to advances in connectivity and the widespread availability of wifi networks and 4G. The Internet also makes shopping accessible to everyone. If you struggle to get out and about, you have health issues, or you don’t drive, getting the items you want doesn’t have to be a military operation. You no longer have to worry about getting public transport or asking for lifts. You can shop from the comfort of your own sofa.

Internet shopping is not just advantageous because it saves time and effort. You can also access a much wider range of goods online, and the web can also open you up to new shopping experiences. If you’ve ever used auction sites, for example, you may understand the thrill of winning the contest and securing a product at a bargain price. Online shopping gives you the chance to switch up the way you shop and find out more about different techniques and experiences offered by retailers. The rise in popularity of online shopping has also prompted retailers to work on their USP. There’s a huge amount of competition out there, and this benefits the customer. Companies are building on existing ideas and models to make them better. If you’re looking for an example, check out this article entitled Here’s How DealDash Is Revolutionizing The Online Auction Industry, and take note of the differences between these auctions and traditional pay to enter auctions. As a consumer, competition brings new opportunities and enhanced experiences, which you can’t enjoy when you trawl stores at a mall. There’s also the small matter of money. When you go shopping, it’s not always possible to see how much the items you want cost at different stores. With online shopping, you can compare prices in seconds. This means that it’s easier than ever to get more for your money.

Another advantage of online shopping is the ability to learn about products before you buy. In a store, you’re probably not going to have a load of reviews posted on the shelf below a TV, a laptop or a garden furniture set. If you’re online, you can read independent reviews and customer comments before you make a decision.

Are there any downsides?

Nothing is perfect, and if you surveyed a group of people about their online shopping experiences, there are bounds to be gripes and complaints in there somewhere. Perhaps the most significant difference between Internet shopping and traditional shopping is the inability to enjoy the experience of going into a shop, interacting with assistants, trying the products for size and taking advantage of that personal touch. The online experience is very different. It’s faster, it’s more clinical, and there’s always an element of risk involved. Some stores offer free returns to eliminate anxiety about what happens if a product isn’t suitable, but this isn’t a universal perk. There’s also a chance that you’ll end up receiving something that looks completely different to the product you thought you’d ordered. We’ve all seen hilarious examples of online shopping gone wrong in the papers, but this is the risk you run when you haven’t got a product in front of your very eyes.

flickr/usmarshalls

Although we laud online shopping for its convenience and speed, it can still be a more time-consuming process than going into a shop. If you want something straight away, buying in-store is almost always the best option. Even if same-day delivery is available, this is likely to come at a cost, and you’ll still have to wait hours rather than seconds or minutes.

So what does the future hold for the high street?

If you listen to broadcasts or read the news, it’s not uncommon for high street giants to report losses. The trouble is that it’s hard to ascertain the causes of slow sales. In the UK, some retail magnates are struggling, but is this purely the result of rising online retailers? It’s unlikely that the popularity of online shopping is the sole cause, especially as many of the companies that are hitting the headlines have a strong online presence. There are many factors at work, including political change and uncertainty, and some businesses are going through a period of adjustment to try and cater to new consumer trends.

The key to surviving in any business is being able to adapt to a changing environment. Time brings change, and in this case, retailers who are used to packed shop floors need to adjust to new ways of shopping. Many are stepping up their online game to attract new customers, but it also makes sense to try and make traditional forms of shopping more appealing. The aim is to enhance the experience so that customers enjoy the time they spend in-store. If they have fun, they’re impressed with the service and the shop looks the part, this is going to make them want to return and also encourage them to recommend that store to others. From installing DJs in a trendy clothing store on a Saturday afternoon to providing interactive displays featuring products on sale in a tech store, there’s a lot to be said for actually going into a shop still.

What factors affect your decisions?

When you think about shopping, what factors influence the decisions you make and ultimately, make the difference between shopping online or visiting a store? Do you prefer the personalised experience on offer in a shop or do you enjoy the speed and convenience of shopping from your living room? Sometimes, the type of products you buy makes a difference. You may feel much more comfortable ordering books, games or films online than you would a wedding dress, a state of the art TV or a new pair of shoes, for example. There’s also the question of time. If you’ve got spare time, perhaps you’d like to spend it perusing the shelves. If, on the other hand, you’re in a mad rush, you probably don’t want to contend with traffic, finding a parking space and waiting in line for the fitting room. There’s also the issue of accessibility. If you can walk to a store in five minutes, this is going to save you more time than it would to place an order and then wait for delivery. However, if you don’t drive, you work shifts, or you don’t live near a shopping centre, online shopping is a much more attractive proposition. Everyone is different, and there’s no right or wrong answer. Choose how to shop based on what you need, how much time you have and what kind of experience you’re looking for.

There’s no doubt that the Internet has changed the way we shop. With online shopping on the rise, it may seem likely that retail stores are doomed, but there’s every chance that many will adapt and adjust effectively. We may be fans of online shopping, but don’t write off your favourite high street stores just yet.

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Student @ Advanced Digital Sciences Center, Singapore. Travelled to 30+ countries, passion for basketball.

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Keeping up with house trends

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Home is the place where you should feel more comfortable. Thankfully, you can get all the confort without having to sacrifice style. Nowadays it is easy to remodel your house within a budget, making it accessible to any user. If you also keep up with the last trends, your house will surely be in everybody’s mouth.

Updating the living room 

The heart of every household is, without any doubt, the living room. It is the place were the family reunites to spend the time together. We generally use the living room on our free time, so it is important to feel as comfortable in it as possible. After all, nobody wants to be in an uncomfortable place when it comes to watch a movie or spend quality time talking with your significant other. Latest trends are aware of this. 

One of the most significant changes that have been happening on living rooms over the last years is that regular sofas have become outdated. Their crucial spot in the room has been taken all over by the chaise longues. Chaise longue is a kind of sofa that includes an extra long piece of sofa in one of the sides. Thanks to this additional piece, you can lay down more easily and relax. They are very versatile pieces of furniture and, the best thing about them, is that they come in all designs and patterns, so finding one that matches your style is easy.

Becoming one with your garden

Although most users would prefer spending their spare time in the living room, as the good weather arrives, the garden becomes a strong contender. A beautiful garden is every family dream. Over the last years, nothing has increased the value of properties like a stunning pool in the garden. The pool design therefore is one of the most important aspects of a house. 

Choosing the right tiles for your pool can make a dramatic change on the pool appearance and durability. Lately, decorators all around the world have found a new favorite type of tile regarding pool tiles: the glass pool tile

Glass pool tiles have beaten the traditional porcelain ones used on pools by many aspects. The most important one is that they reflect the light of the sun better, giving the pool a cleaner and brighter look. Glass pool tiles used to be made of materials that could not handle the cold weather well, but thankfully this has changed over the last years.  Glass pool tiles are now made of very resistant materials making they appropriate for any kind of weather. 

Glass pool tiles are really easy to install and come in all sort of different colours and designs. However, do not let this big variety overwhelm you. A trend in colours seem to be settling in at the moment: turquoise pool tiles. They reflect the sunlight very well while giving your pool a modern feeling.  Immersing yourself in a pool with turquoise tiles after a long day at work can give you a relaxing ocean feeling. If you are looking to get yourself some turquoise pool tiles, we recommend you look for respectable sellers like Buy Home Tile, which is an online store famous for providing only quality materials. 
Another important thing to take into account regarding your pool is the area around it. Experts like Buy Home Tile recommend you use river rock mosaic tile. This kind of tile gives a rustic but elegant feeling to your outdoors areas. Since it is made of river rocks, they are very resistant and can last you a lifetime. Their top quality durability make it a wise decision, not only for pools and garden areas, but also for your bathroom or shower floors. People around the world are choosing river rock mosaic tiles for multiple elements in their homes, so do not miss the chance of joining those who make wise decorative decisions.

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SkyBridge Receives “Exporter of the Year” award from Global Chamber Phoenix

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The SkyBridge air logistics project received the “Exporter of the Year, Services” award, granted by the Phoenix Global Chamber within its annual Grow Globally Fair, which brings exporters and importers together, along with international investors.

The award was presented to SkyBridge, a company chaired by Ariel Picker and directed by Felipe Monroy. The effort to position www.skybridgeaz.com as one of the leaders in the international logistics sector within the business community in Arizona has been coordinated by Marco Lopez, president of Intermestic Partners.

SkyBridge is planned to become the first international air cargo hub to house Mexican and US Customs in the United States.

Its operations are based at the Phoenix-Mesa Gateway Airport and will allow e-commerce companies and manufacturers, among others, to do business in Mexico and throughout Latin America, with a more efficient and profitable transport of goods between countries, thorough inspections and adequate security controls.

The development of this project will create 17,000 new direct and indirect jobs, as well as more than 3.5 million SF of development which will include industrial, aeronautical, office and commercial real estate.

The construction plan will detonate other benefits in the border region. Arizona’s proximity to Mexico and its surroundings are highly favorable for business, and they make the state a natural center for air cargo companies, large and small, eager to see their businesses grow on both sides of the border.

In this sense, Grow Globally Fair gives global business leaders the opportunity to see what’s new, who is new and how they can grow better.

With that purpose, the Phoenix Global Chamber awards prizes in honor of the success achieved in international markets and in the United States, whose categories are: Exporter of the year, product; Exporter of the year, services; Importer of the year; Landed Company to see; Cross-border consulting; Transcendent leader of the community; International banking; International commercial law; Immigration lawyer; Diplomat of the year; Translation and localization; International logistics; International accounting and taxes; International finance and insurance; International Emerging Risk; International Talent and Payroll: International Real Estate Leader; International wealth management; International business training and discourse; International IT services; International market; International education; Collaborating Organization; International nonprofit; International business city; an Elected leader with global mentality; Young Global Leader, and Global Leaders of the tribe of the year.

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Axel Andorff and Carsten Isensee, new SEAT Vice presidents for R&D and Finance

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The Spanish car company, SEAT is betting on the future by hiring two prestigious new executive vice presidents. The company hired Axel Andorff as the new executive vice president of R&D (research and development), and Carsten Isensee has been appointed as the new executive vice president for finance. With both appointments, SEAT is focusing on Innovation and securing the company’s record profit and investment figures.

Who are Axel Andorff and Carsten Isensee

Research & Development and Finance are two of the most important areas on a car company. The new vice presidents of these areas, are both executives with international experience and extensive knowledge on the car market. Axel Andorff will be replacing Dr. Matthias Rabe (who will run the technical development operations area at Volkswagen), and Carsten Isensee, who is taking over for Holger Kintscher (who will be working as head of IT and finance at Volkswagen).

Let’s see who are these two new incorporations to the SEAT executive staff. 

Axel Andorff (R&D Vice president)

Axel Andorff is a German economic and mechanical engineer (from the German University of Kaiserslautern), with 20 years of experience at the car market, where he worked for Mercedes and held various positions in the research & development area of that company.

New responsibilities at SEAT

The new R&D vice president will be in charge of the company’s innovation projects, especially those involving connectivity and car electrification, developing technologies and new forms of mobility. He is in charge of the SEAT Technical Centre, who is focused on R&D. It has an area of 43,000 square meters, prepared and equipped (of a total area that covers a surface of 200,000 square meters). More than 1000 qualified engineers work on this center, using advanced technology (simulations, virtual reality…) to create modern and reliable cars, and developing new car technology.

In 2018 SEAT allocates 862 million euros on total investments and R&D expenses, 47% more than in 2017.

Carsten Isensee (Executive Vice-President for Finance)

Carsten Isensee has a degree in business management from the German University of Wilhelmshaven, and he has made his entire career in the Volkswagen company. His last charge was in China as an executive vice president for finance.

2018 was a historic year for SEAT. Sales have grown by over 10%, increasing from 468,400 sold vehicles in 2017 to 517.600 in 2018. With the incorporation of Carsten Isensee to the company, they expect to continue increasing their sales along 2019 and the next years.

New responsibilities at SEAT

The Finance vice president joins the Spanish car company with the objective of reinforcing the company’s profit record and investment figures, and to strengthen its financial basis for future Automotive (LINK NOFOLLOW) projects.

The car market is a very competitive sector. Last years SEAT increased its figures on sales, profits and investments. With the new vice presidents incorporations, the company is focusing on increasing these figures and securing its position on the market.

As SEAT president Luca de Meo said: “It’s time to look to the future with the ambition to grow”.

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