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5 2018 Saving Habits You Need To Have

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In between the happiness of Christmas and the promise of the New Year, allow me to introduce a bitter word, a touch of a scold. If you’re like many people, you are not saving sufficiently. 15% of every paycheck into the 401(ok) is the naked minimal you will get away with, not some aspirational stage you’ll be able to possibly hope to hit sometime when you do not have all these issues.

I imply, clearly if one out of two employees in your family simply misplaced their job, or has been stricken with some horrid most cancers requiring all kinds of ancillary bills, then it is okay to chop again on the retirement financial savings for a bit. However let’s be trustworthy: that does not describe most of us in these years after we do not save sufficient.

What describes most of these years after we aren’t saving is regular life. We moved. We obtained married or had youngsters. The youngsters required completely anticipated issues like meals, garments, and education. Work was arduous and we felt we needed a very nice trip. Family and friends went by means of the identical regular life levels that we had been, requesting that we journey and convey items to the comfortable occasions.

These items usually are not an excuse to cease saving, for all that I’ve used these excuses myself from time (and regretted it later, at size). The recession ought to have pushed residence some arduous details, however the nation’s three.5% private financial savings fee signifies that these classes have not fairly sunk in, so let me elaborate a few of them.

1. You can’t depend on excessive asset progress charges to bail out a low financial savings fee.

Within the 1990s, we believed that we might assure one thing like an eight% (common) annual return by pumping our cash into the inventory market and leaving it there. The issue is, this may no longer be true. For the previous couple of many years, there have been a lot of elements pushing up the value of shares:

a. Low rates of interest on bonds prompted buyers to search for greater returns elsewhere

b. Folks began believing that over the long run, equities provided a low-risk alternative for greater returns. Sadly in finance, many issues are solely true if nobody believes they’re true. If everybody thinks that equities are low danger, they are going to bid away the “fairness premium”–which is to say, the low cost that patrons anticipated for assuming higher danger. At which level, shares now not provide a low-risk extra return.

c. Child boomers who had undersaved began pouring cash into the inventory market in an try and make up for his or her lack of financial savings.

Nonetheless, inventory costs can not indefinitely develop sooner than company earnings; finally, you run out of higher fools. And future company earnings are going to be constrained by slower progress within the workforce as child boomers retire, and by the taxes wanted to pay for all of the bailouts and stimulus we simply did. Except there is a sudden increase in productivity–entirely potential, however completely unimaginable to foretell, or depend on–there’s each cause to anticipate that inventory markets efficiency will proceed to develop extra slowly, and be extra unstable, than we obtained used to.

We noticed an identical cycle in homes. A mortgage was a type of pressured saving that gave you an (virtually) free place to reside in retirement and a bit little bit of worth if you offered the home. We did not notice that a lot of developments had been pushing up the value of houses:

a. The event of the 30-year self-amortizing mortgage, which enabled folks to pay a a lot greater worth for a given home than they might have within the period of 5-year balloon mortgages.

b. The child increase, which elevated demand for homes as they aged

c. The run-up in inflation within the 1970s, which gave (comparatively inflation-proof) actual property a boost–and then the next decline in inflation (and rates of interest), which gave folks the phantasm of with the ability to afford extra home as a result of the up-front funds had been decrease.

d. Extra broadly out there credit score, which let extra folks tackle greater loans

e. The rising worth of (and competitors for) a small variety of slots at selective faculties, which put a rising premium on homes in good faculty districts

These tendencies gave folks the phantasm that homes had been, in some elementary means, an “wonderful funding”. However they’re dangerous in all kinds of how: neighborhoods can worsen somewhat than higher, native economies can stagnate, the model of your private home can exit of style. If you cannot depend on a steep run-up in asset costs to construct up your retirement financial savings, that leaves you with one various: save a a lot greater chunk of your earnings.

2. Americans are dwelling longer in retirement.

The will increase in life expectancy post-retirement aren’t as dramatic as they had been within the antibiotic period, however they’re nonetheless creeping up. That implies that it’s a must to take smaller sums out of the kitty every year, in order that what you’ve left will likely be sufficient to reside on.

3. Authorities funds are extraordinarily strained.

The Child Boomers are about to dump a fair heavier load on them. Which means sure, greater taxes–but it additionally implies that regardless of their formidable voting energy, retirements financed totally on the general public dime are very prone to get leaner. Particularly as a result of birthrates are falling everywhere–which implies that the provision of younger, strong-backed immigrants to man the nursing houses won’t be as ample as it’s now.

4. Employers usually are not type to older employees.

I want this weren’t so, however I am very a lot afraid it’s. Individuals who say “I will not be capable of retire” is probably not given a selection within the matter. Like most fashionable economies, we have lower a societal deal the place you are underpaid in your twenties, and overpaid in your fifties and sixties . . . and in consequence, it’s totally tempting to fireplace these overpaid folks when instances get robust.

And when you’re pressured out in your fifties, it is vitally, very arduous to discover a new job of any kind, a lot much less one which pays what you are used to. Even when you’re keen to take an enormous paycut to work a much less prestigious job, employers are reluctant to rent the overqualified–particularly since 99 instances out of 100 the overqualified 55-year outdated merely doesn’t have the stamina or the life flexibility of the only twenty-somethings who’re making use of for a similar job. And bodily, it’s possible you’ll not be capable of do most of the low hire jobs that paid your means by means of school: by the point you are sixty, you are fairly prone to have again, joint, or skeletal issues that make it arduous to face in your ft all day or carry heavy objects.

The upshot is which you can now not plan on “making up” anemic retirement contributions later. You need to begin making them–right now.

5. Emergencies appear to be lasting longer than they used to.

Earlier than the 1990s, unemployment used to crater sharply throughout recessions, then get well shortly together with demand. We had our first “jobless restoration” underneath Clinton, and now we have got two extra underneath our belt. That implies that the outdated recommendation of three to 6 months price of emergency funds are now not sufficient. eight months to 1 yr is extra practical.

Once I write these posts, I usually get two sorts of responses: individuals who smugly inform me that they’re saving 30% or extra of their earnings (strategy to go!) and individuals who inform me that it’s merely not potential for them to save lots of t15-20% of their earnings.

You already know higher than I, in fact. However many of the analysis on shopper finance exhibits the identical factor: folks can normally save much more in the event that they make saving a precedence. Most individuals do not. Financial savings is an afterthought–it’s the residual of no matter hasn’t been spent on garments, groceries, automobiles, dinners out, faculty journeys, journey soccer workforce, school tuition, trip, and many others. Unsurprisingly, there’s steadily no residual. Nonetheless, if folks resolve how a lot to save lots of, after which finances their consumption out of what’s left, they all of a sudden notice that they may drive an uglier automotive, take the children out of dance class, reside with the kitchen the way in which it’s, keep residence for every week in August as an alternative of going to Disneyworld, and so forth. And people persons are not, as you would possibly suppose prospectively, made desperately sad by these sacrifices. Savers are literally happier than the general population–in half, one assumes, as a result of they’re much less fearful.

Many individuals inform me they can not save as a result of youngsters are so costly. Kids are certainly very costly. However they’re getting costlier yearly, and that is as a result of we’re spending extra money on them. We’re spending extra money on homes to get them into good faculty districts, on actions in order that they’ve each probability to get into Harvard (or the NHL), on garments and cell telephones and online game consoles and the record is infinite, plus then there’s that tuition to Harvard or some form of even-more-expensive smaller personal school.

These bills are optionally available, not necessary. And earlier than you inform me about how sad your baby will likely be if you don’t purchase him all of those requirements, take into consideration how sad he will be if it’s a must to transfer in with him. Higher but, volunteer for some outreach to the bankrupt seniors whose youngsters would not allow them totransfer in, and see how their lives are going.

This isn’t to criticize. Saving is difficult, which is why, similar to you, we’re making an attempt to determine the way to hit much more bold financial savings targets within the New Yr. And consumption is enjoyable. That is why most individuals wrestle to save lots of very a lot.

However lots of people are going alongside on autopilot; they’re saving 5% as a result of it appeared protected after they had been 25 and so what in the event that they’re now 37? They take a look at the neighbors spending a fortune on automobiles and faculty actions and determine that if it is protected for them, it have to be protected for me too. However that is the other of the reality. In case your neighbors aren’t saving a lot (and belief me, they don’t seem to be), meaning a much less productive financial system within the future–and extra folks making an attempt to say a really restricted provide of public funds. You do not need to be amongst them.

It helps to keep in mind that the thing is to not flip your self right into a miser; it is to make your spending patterns sustainable. Your splurges will really be much more enjoyable if you understand that they don’t seem to be placing you susceptible to chapter, foreclosures or a retirement in poverty.

Should you’re not saving enough–and you understand who you are–don’t resolve at this time that you will save 15%, after which overlook about it tomorrow if you notice how daunting a job that will likely be. As an alternative, do that: divert an additional 5% of your earnings right into a 401(ok), IRA, or different tax-advantaged financial savings plan. In case your 401(ok) is stuffed however you do not have a lot of an emergency fund–or if, for some cause, you do not qualify for tax-advantaged savings–have 7% of each paycheck diverted to a checking account which is not linked to your different accounts. It is a sluggish week at work, the proper time to fuss with HR paperwork.

The essential factor is to pay your self first. Financial savings needs to be the very first thing you do, not the final. After you’ve got saved, then you finances your consumption. I will not inform you what to chop, as a result of if you confront your new, barely leaner finances, you may be completely capable of calculate what’s now not definitely worth the cash to you. I feel you may be pleasantly stunned to search out that after just a few weeks or just a few months of preliminary pinch, you will not keep in mind that you miss the cash a lot.

If on the finish of the yr, you continue to aren’t saving sufficient, then you are able to do the identical factor again–pull one other 5-7% out of each paycheck. Inside just a few years, you may be at a wholesome stage of financial savings, with out extreme fiscal ache.

However crucial factor is that this: do not begin on the lookout for causes you’ll be able to’t. Should you hunt arduous sufficient, you may discover them. Sadly, these causes aren’t going to do a rattling factor to pay your home fee when you get laid off, or preserve you in prescribed drugs if you retire.

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What To Do When Your Brain Is Fried

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We’ve all been there before. A great creative week where ideas are flowing endlessly, inspiration and great feelings abound. You feel like you’re breezing through and galloping towards the finish line. Then you come in one day and spend hours and hours staring blankly at your computer screen. For writers, it’s writer’s block, while others simply refer to it as a fried brain.

If you’re struggling to think coherently or if you feel like there are no ideas or clear thoughts coming from your brain you may be suffering from mental fatigue. This can occur anytime to anyone and can hamper your productivity. For most people their first step is to get a caffeine fix. But this might not be the only way to beat a fried brain. Here are some great examples on how you can get your brain to work again.

Take A Walk

According to a study conducted in Edinburgh Scotland, taking a quick walk can help combat mental fatigue. The study hooked 12 people to a portable ECG machine that measured their brainwave patterns that can be used to gauge excitement, frustration, arousal and more. The participants were asked to walk through a predetermined route around Edinburgh through busy shopping districts and green spaces. ECG readings of the participants showed that walking through green spaces reduced feelings of frustration indicating a reduction in stress levels. Richard Coyne, PhD and one of the authors of the study states that taking a walk through a park reduces cognitive overload and can help you overcome your fried brain.

Think Positively

When the brain is stressed, it has problems sending signals from the amygdala – the brain’s center for emotions, emotional behavior and motivation – to the prefrontal cortex which is responsible for higher level thinking. However, focusing on positive thoughts like your plans for the upcoming weekend or even quitting time can help lower stress levels thereby increasing the flow of information to your prefrontal cortex. This means happy thoughts can help you think clearly again.

Go On Youtube

Did you know that YouTube has the same calming effect as taking a walk around the park? Studies show that humor has a very positive and relaxing effect on the brain so when you’re feeling as if your brain is fried, hit Youtube and look for humorous clips from Jimmy Kimmel, Carpool Karaoke from James Corden, or Jimmy Fallon. Or if you’re looking for something more inspiration look for FunForLouis, Casey Neistat, or Gary Vaynerchuck. The videos won’t only help your brain “laugh,” but also increase your motivation and perseverance so that stress is decreased and you regain mental clarity and health.

Sleep

The brain gets tired too. Although it never really goes to sleep, sleeping helps the brain slow down so that it essentially takes a break from thinking and just focus on bodily functions and repairing your body after taking a beating from stress. Switching off can help you forget about what’s keeping you stressed at least for the night and give you energy to tackle problems tomorrow. When the brain is rested you might see your problem in a new light and give you new angles on how to best tackle it.

Fatigue, slow mental response, irritability and finding it harder to perform are some of the signs of a fried brain. Giving your brain a break from time to time will not only keep you from burning out physically but mentally as well. Finding ways to relax your poor exhausted brain will help you in the long run too.

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170 Questions to Ask A Client Before You Begin Your Campaign

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Confused about what type of questions to a prospect in the crazy world of tech?

Well, worry no more! We decided to give you our 170 questions that we ask our clients, before we begin working with them. Now, we don’t ask every question, because let’s be honest, we would be here for several hours before we get all of the answers. Choose your questions wisely and add your company’s culture into how you ask your questions!

If you’d like to add more onto this list, feel free to comment below or email us your additions.

 

Current Website Questions

– What is the purpose of your current website?

– Are there any aspects of your current website that you love?

– Are there any aspects of your current website that you hate?

– Is there anything on the current website that needs to be removed entirely?

– Is there anything on the current website that must absolutely stay?

– Do you have multiple locations?

– Where are they located?

– Do you offer different products or services per location?

– What is your business’s unique value proposition (UVP)?

– What are the services you want to highlight on your website?

– Why do visitors currently come to my website?

– Is your website easy to navigate and is it easy to find information?

– Are your current website visitors being converted into sales?

– Are competitors’ websites more functional and have they recently been redesigned?

– Does the content on my website deliver the right message?

– Is your website a good representation of your business?

– Does your current website instill trust and confidence?

– Is it easy to update your website?

– Are visitors who come to your website being tracked and analyzed?

– Does your current website make it easy for website visitors to contact you?

– What tools and apps do you use to run your business?

 

Website Redesign Questions

– Why do you want a new website?

– Do you have a proposed sitemap prepared?

– In an ideal world, what do you want your website to become?

– What are your specific goals for your new website that will help indicate if your investment is profitable?

– How quickly do you want to achieve these goals?

– Is there anything that you would like to have included in the new website that you lack currently?

– Will your copy need to be reviewed and approved by legal and compliance?

– Will your legal team need to create the privacy policy for the site?

– At the end of this project, how do you qualify it as a success?

 

Competitive Analysis Questions

– Who are your top seven competitors?

– What about these companies makes then stand apart from others?

– What elements of these companies and/or their online activity would you like to model after

in your redesign?

– What do you currently like about your competitors websites?

– What do you hate about your competitors websites?

– What are some sites that you like the style of, features, and functionality of?

 

Branding Questions

– Do you have brand guidelines?

– If not, do you need help putting this together?

– What are the brand guidelines?

– Are there any color preferences for the new website?

– Do you have the hex codes for your current brand colors?

– Have you created buyer personas?

– If you did; how many do you have and will we need to set up conversion funnels for each persona?

  • Do you have a site architecture completed?

– Do certain products and/or services speak to different type of clients?

– What differentiates your product or service from your competition

– Is there any legacy on your current website?

– Do you currently have duplicate content on your site?

– What types of content will you publish on the site?

– How do plan to market the website once it is launched?

– What are some images that relate to your business?

– Will you be updating and reusing content and/or images from your current website?

– Do you need help creating new visual components for your website?

– What are some visual components that you’d like to add to your website?

– Do you have a tag line?

– What is your elevator pitch?

– Do you have a mission statement?

– What differentiates your company from your competitors?

 

Sales, Marketing, and Advertising Questions

– Do you have a documented content strategy?

– What types of marketing are you currently involved in or practice on a regular basis?

– Why kind of ads will you be running? (Google, Facebook, native, display, search)

– Do you have a current advertising budget?

When it comes to marketing (in general), what are your biggest challenges?

– When it comes to obtaining qualified leads, what are your biggest challenges?

– When it comes to closing leads, what are your biggest challenges?

– Are there any short-term or long-term goals that need to be considered in the website redesign?

– What social media elements would you like integrated?

– Do you need a subscription option or other offer?

– Will you be blogging on your website?

– Who will be blogging on your website?

– When do you see the most customers go to your website?

– Do you currently use marketing automation software?

– Do you use email marketing, landing page, or other tools on your site?

– Do you use a CRM to store sales and customer information?

– What is the target demographic of your website visitors?  Are there specific sectors, industry segments, company sizes, geography that needs to be focused on more than others?

– Would you like to personalize content so that the content shown is targeted and relevant for different types of visitors?

– Do you create ebooks, white papers, and other resources are placed behind a form?

– Do you send email marketing communications?

– What types of emails do you send to subscribers, prospects, leads, and customers?

– Do you want automated emails to be triggered by actions customers take on your website?

– Do you want the ability to create, edit, and publish landing pages and site pages?

– Would you like to run predictive lead scoring every few months to automatically determine the properties and weight of each factor to create a lead score?

– Have you performed A/B tests of your landing pages and calls-to-action to increase clickthrough rates?

 

Lead Generation and Contact Page Questions

– How do you currently track leads on your website?

– How do you want to collect customer information?

– Are you comfortable with having your phone number on your website?

– What is the email address you want on your website?

– Can you speak to your customer experience?

– How does a user become a customer of yours on your current website?

– Do you currently include relevant call-to-actions on content posts?

– Do you collect information from visitors and store this in a CRM or use it to inform marketing efforts?

– What fields do you currently or want to include on forms?

– Do you use call tracking to track online campaigns?

 

SEO Questions

– Do you need assistance with search engine optimization?

– When was the last time you reviewed your website was optimized?

– Do you have someone who can review content for SEO best practices, internally?

– Do you have someone who can create unique meta titles and descriptions per page or blog post, internally?

– Do you have a Google Analytics account?

– Do you have a Google Webmaster Tools or Bing Webmaster Tools account?

– Based on what you know right now, what keywords or phrases would “you” use to search for your products and/or service offering?

– What search terms are your competitors targeting?

– Of the words you just listed, which ones would you like to target with the new website?

– Do you have existing content that can support these keywords or phrases?

– Does your existing website and content rank for these phrases?

– What are your top performing keywords?

– What are your most trafficked pages on your website?

– Which site pages rank high in SERPs?

– What percentage of visits are from organic sources?

– What percentage of traffic are referrals from other sites?

– Which referral channel gives your website the most traffic?

– What percentage of traffic is from social media sites?

– What percentage of traffic is from email marketing?

– What percentage of traffic is from direct or people who type your URL into the search bar?

– What percentage of traffic is from mobile devices?

– What percentage of traffic is from tablet devices?

– What sources — social, referral, organic, etc. — generate traffic from mobile and tablet users?

– How many landing pages do you have?

– What are your top performing landing pages?

– What are your top performing blog posts?

– How many visits does your site get each month?

– How many page views does your site get each month?

– How many leads do you generate each month?

–  How long do people typically spend on your website?

– What is the bounce rate for your site?

– What is the average amount of sales generated by your site each month?

– What is the page load time of your site?

– How many inbound links are pointing to your current site?

– Is your current site optimized for mobile users?

 

Reporting Questions

– Do you like data?

– What types of reports and data would you like to receive from our team?

– Do you prefer phone call reporting?

– Would you like to receive reports via PDF’s?

– Would you like the reports to be converted into videos?

 

Website Functionality Questions (UX and UI)

– Will you require a responsive design (adapts automatically to mobile devices)?

– How often will you be updating the content on your site?

– What functional requirements are needed within the new website?

– Is there any specific feature that is needed for your website?

– Do you want users to be able to comment on blog posts and other types of content?

– Do you need to integrate chat features?

– Will you need an internal search engine for your site?

– Do you plan to post audio/video files to the site?

– Do you have a video hosting service or will you be uploading videos to Vimeo or YouTube to embed videos on your site?

– Will you need people to log in on the site either with a username and password or by using social logins?

– Will users need the ability to post product reviews?

– Do you want people to be able to share content from your website?

– Will visitors have to enter credit card information and other personal details on any section of the website?

– Do you plan to sell anything through your website?

 

Development and Hosting Questions

– Who is your current website host?

– If switching hosting companies, do you know where your DNS is controlled?

– Do you have any and all logins?

– Hosting

– Domain name

– Website

– Where is your site currently hosted?

– Do you know the current level of hosting you have?

– Do you have or need an SSL certificate?

– Do you have specific accessibility requirements? (Possibilities include, larger text, language conversion, blind accessible)

– Will your site need to announce that they use cookies?

– Do you have an existing content management system you prefer or would you like our suggestions on the proper CMS?

 

Project and Budget Questions

– What is your budget for this project?

– What is your yearly budget for website improvements?

– What is you desired kick off date?

– Who all is responsible for reviewing and providing feedback on the site?

– Who will give final approval for the site prior to launch?

– Who will be managing the site once it’s completed?

– Will you require training on how to properly maintain the site?

At Owners Magazine, we care deeply about creating an incredible experience for our customers. What better way to get to know our clients than to ask them fun questions? The world of business can be so serious and with the way our society is becoming, we decided to throw a wrench into your average questions.

DISCLAIMER: These questions don’t work for every company. It all depends on your company culture and how your customers view you.

 

Get To Know Your Clients Better

– At which store would you like to max-out your credit card?

– If you could have one super power, what would it be?

– If you could be one character in any movie, Tv show, cartoon, who would you be?

– What movie title describes your life?

– What is your favorite TV show?

– What is your favorite video game?

– If you could choose one Pokemon that relates to your personality, who would it be?

– Do you have any nerdy addictions?

– Have you ever refitted an item, and if so, what did you regift?

– What’s the strangest talent you have?

– Do you have any nicknames?

– Which way does your toilet paper hang on the wall – over or under?

– What is that one song on you’re afraid to admit that you like?

– What are three things still left on your bucket list?

– If you could eat one thing for the rest of your life, what would it be?

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These Are All of the Industries Experiencing The Amazon Takeover

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Amazon’s continuous growth is prompting the company to expand into a variety of industries well beyond their initial scope of electronic commerce. Beginning as an online bookstore, Amazon now represents the most valuable United States retailer regarding market capitalization. Amazon founder Jeff Bezos is presently the world’s richest personA combination of success and drive for constant expansion is resulting in an Amazon takeover of several important industries. Amazon still reigns supreme as an online retailer, though clearly that title alone is not enough to satisfy Bezos. His areas of interest are vast, including the following.

Brick-and-Mortar Retail

Just last year, the Amazon takeover included Whole Foods, where they were acquired for $13.7 billion. The move continues Amazon’s battle with Walmart to reign supreme in the retail space. On the other side, Walmart is continuing to refine their online space, while remaining America’s top employer. The battle between these two giants will continue to wage on, with Amazon’s interest in the brick-and-mortar space being no secret.

Even before the Whole Foods acquisition, Amazon’s plans to build convenience stores and curbside pickup locations shows a deep infatuation with becoming a strong brick-and-mortar presence. Beyond a mere presence, Amazon is confident that consumers will continue embracing a model that allows them to order online and pick up in person.

Amazon’s opening of the Amazon Go Store in Seattle in January marks an exciting time for these interests. Customers enter the store and scan their Amazon Go app as they do. Cameras and other sensors track customers’ activity as their browse, registering an item into their virtual cart when they take it off the shelf. Customers are charged when they leave the store with their goods. Amazon terms the idea “Just Walk Out” shopping and hopes to attract customers who despise waiting in lines, as many do.

Amazon’s reshaping of the typical brick-and-mortar presence is introducing consumers to new ideas like “Just Walk Out” shopping. Combined with the acquisition of Whole Foods, the company will without a doubt continue to redefine the brick-and-mortar shopping experience.

Delivery

amazon

Amazon has been shaping the delivery industry for many years now, especially since Amazon Prime’s introduction in 2005. The company’s vow to deliver items to Prime customers in two days or less still presents a challenge to online retail competition, who are well aware that they must match these shipping expectations or compensate in some other way, like offering lower prices. Meeting Amazon’s delivery promises and their costs is a major challenge, especially to new eCommerce businesses.

Beyond Amazon Prime’s major influence on shipping expectations among online retailers, Amazon is redefining what the delivery space means through their utilization of drone technology. Specifically, Amazon Prime Air is introducing a new delivery system, where unmanned aerial vehicles can safely get packages to customers in 30 minutes or less.

Amazon, already familiar with quick parcel delivery, is upping the ante even more in the delivery industry with such lofty ambition. Still, with a private trial already underway in the UK, Amazon Prime Air and the use of drones in delivery is a very real aspect of the future. Upon receiving the regulatory support, we can anticipate Amazon Prime Air to be an option for many.

Technology

amazon

It makes sense that Amazon is continuing to make significant moves in the tech sphere. There’s no doubt regarding the company’s technical expertise and how technology can accommodate access to their variety of products.

Among their technological products is Amazon Fire TV, which streams live TV and enables users to watch hundreds of shows and movies. There’s also the Amazon Kindle Fire, which capitalizes on Amazon’s vast digital library in the form of a tablet computer with a seven-inch multi-touch display. Many still view Kindle Fire as a strong competitor to Apple’s iPad.

Amazon’s Dash buttons, while simple, are also an exciting addition to their array of tech. The Dash Button is a single-function controller that consumers can place around their house near items that need replenishing. Need a new order of Tide paper towels? Order a specific Dash button for Tide, put it near the towels and press the button when you notice them running low. They will then arrive on your doorstep in a couple of days.

Entertainment

amazon

Amazon Prime offers much more than free two-day shipping. One of Prime’s most notable benefits is the increasingly impressive Amazon Video platform. The Amazon Prime Video show Transparent won the Golden Globe Award for Best Television Series, Musical or Comedy in 2005, while 2017 Oscar Best Picture nominee Manchester by the Sea is also developed by Amazon Studios.

Amazon is increasing their influence in both TV and film by producing excellent content, including many notable releases in development. They’re emerging as a viable competitor to cable, Netflix and Hulu.

Whether a consumer prefers reading a book or watching a movie, Amazon is seeking to have the entertainment niche covered.

Is This Amazon’s Peak?

Amazon’s firm grasp across multiple industries begs the question: Is this Amazon’s peak? While it’s impossible to tell definitively, stockholders should monitor the situation closely. Amazon has been a model of consistent growth since 2000. Presently, Amazon’s stock trades for approximately 130 times the business’s projected earnings for 2018 and almost four times its projected sales for 2018.

These growth prospects rely on revenue per customer growth. Although there will certainly be customers who increase their spending on Amazon, it’s difficult to think of any huge breakthroughs or offerings that will prompt more revenue per customer, especially upon Prime’s increase to $119 per year. Many customers may opt to spend that on a Costco membership instead.

Additionally, it’s important to note that Amazon’s acquisition of Whole Foods plays a significant role in the stock increases the past year for Amazon. The market seems to be operating under an assumption that Amazon will make a similarly buzzworthy acquisition this year, which is far from a given.

Still, even if market projections seem a bit optimistic at the moment for Amazon, there’s no doubting that the company will continue playing a significant role in shifting expectations within several industries, from delivery and entertainment to the brick-and-mortar experience.

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