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Education | Digi Life Enabled
COVID-19 Accelerated E-Commerce Growth ‘4 To 6 Years’

COVID-19 Accelerated E-Commerce Growth ‘4 To 6 Years’

COVID-19 has massively accelerated the growth of e-commerce, according to an Adobe Digital Economy Index (DEI) report released today.

 

Adobe’s DEI is a global economic measure for the 21st century that more
quickly, comprehensively, and internationally measures the increasing buying power of digital consumers — with greater detail than any other data source available. You can download the full report here.

Highlighting that total online spending in May hit $82.5 billion, up 77% year-over-year, the report states: “It would’ve taken between 4 and 6 years to get to the levels that we saw in May if the growth continued at the same levels it was at for the past few years.”

Report highlights:

E-commerce: jumped $52 billion
Memorial Day sales: jumped 75% from $2 billion last year to $3.5 billion this year
Mobile’s share of e-commerce: grew from January but not much, up just 10%
BOPIS: buy online, pick up in-store grew 195% in May
Travel: flight bookings tripled from early April to late May

Higher rates of e-commerce and BOPIS (buy online, pick up in-store) may be the new abnormal, Adobe data indicates.

“We are seeing signs that online purchasing trends formed during the pandemic may see permanent adoption,” Taylor Schreiner, Director, Adobe Digital Insights, said in a statement. “While BOPIS was a niche delivery option pre-pandemic, it is fast becoming the delivery method of choice as consumers become more familiar with the ease, convenience and experience.”

Adobe’s DEI analyzes over one trillion online transactions across 100 million product SKUs, the company says.

What people are buying is changing too, perhaps returning more to relatively normal consumption patterns. Electronics and apparel purchases were up 11% and 12%, respectively: we’re working at home, but we haven’t bought new clothes in a while. Pricing is changing though: grocery prices were up 4% in May compared to 2019.

The data is telling us that COVID-19 has simply accelerated the trend of growth in the digital economy that has already been happening for many years. I share more in this short video below:

So if you’re serious about your business, you need to listen to what the data is telling you and be agile enough to act/respond accordingly.

Many people see the advantage of an online business but fail to get started because they simply don’t know where to start, or have a fear of failure. That’s exactly the position we were in which held us back for so long until we found the right education and support network to help us get started from scratch. If you’re ready to explore proven steps with a support network that you can take right now to take advantage of the growth in the digital economy, then Click Here to learn more.

What Is Your Business About?

What Is Your Business About?

I find so many in business are unsatisfied with simply selling ‘stuff’.

Sure, we need to sell ‘stuff’ to keep the bread on the table, but what if there was more to business, more to life, than just selling ‘stuff’?

What if our business, what if our life, was about living out our values so as to make a difference in this world while at the same time providing for those we are responsible for?

One of the reasons we sign post people to the business start up programmes at SFM is because, having been through the system ourselves, and having met with the founders and lead team, we’ve seen it’s not about getting people to sell stuff.

Sure, there are some ready made resources for newbies starting out with to sell if they choose to, and as newbies we found that really helpful as we had nothing to sell, but it’s not about that.

The core of the SFM programme is about helping people understand their Vision, Mission, Purpose and Values, so they can become the best version of themselves in business and in life whether they choose to sell SFM stuff or not.

There’s very few programmes that offer that support.

Take SFM student, Rob Sewell as an example. I shared something of Rob’s transformation from Drug & Alcohol abuse to six figure business owner here:

In going through the SFM programme Rob now appreciates:

1. The impact of speaking truth & empowering others
2. The hardships he’s overcome and how they’ve helped him find his true purpose
3. How the experiences you go through forge your values
4. How he’s stepped into his purpose and launched his own coaching business

Rob now seeks to serve others by acting as a guiding light that shows people a space where they feel safe and understood.

Rob’s Vision, Mission, Purpose & Values

And while no income is guaranteed by any programme, after pinpointing his purpose with SFM, Rob’s income through his online business is such that it allows him the financial freedom to take each Friday off to volunteer with those who are struggling with drug and alcohol abuse, and given him the time freedom he so longed for with his family that his corporate job never gave him.

So, in the week ahead, perhaps you can reflect on what your business is about and whether it’s aligned to your true purpose?

If you’re interested in learning how to create a sustainable business based on your values, then click here to get started with our complimentary video training series delivered straight to your inbox.

 

 

Let Wisdom Be Your Guide

Let Wisdom Be Your Guide

So, what does heading off into the Mountains and starting an Online Business have in Common?

In this video I share how you need the wisdom of navigational skills to safely guide you from A to B in both a mountain and digital landscape.

Click here or on the image below to watch this week’s video:

 

Finding Your Path…

If you don’t have the necessary navigational skills, then you could be at risk of getting lost, injured or worse in both landscapes.

Jordan Romero was on 13 when he climbed Everest.

Take Mount Everest as an example, did you realise the youngest person to climb Everest, Jordan Romero was only 13 years old when he reached the top? 

That doesn’t mean of course, any 13 year old can just take themselves up Mount Everest, Jordan was closely guided.

Everyone will climb Mount Everest differently, and how you plan your climb will broadly come down to to the three factors of Time, Cost, and Experience.

For example, if you already have the Time for planning, and past mountaineering Experience, you could plan your own route and complete the expedition yourself for a relatively low Cost financial budget. However, if you don’t have the past Experience, it would take you years in Time to plan the trip by yourself. In such a case you’d be better paying for a Mountain Guide who’s already walked the trail and knows the exact path and weather conditions to walk with you. That will involve more financial Cost, but involve less Time cost and Experience cost for you. Either way, there’s a cost to getting up and down Mount Everest safely, and each climber has to decide the best option for them.

Navigating The Digital Landscape

 

Likewise in the online business world, it’s a Mountainous landscape where some people don’t reach it to their summit, but at the same time, we have people like 10 year old Hannah Grace running a successful online business.

Hannah was challenged by her father to create the same products she loved from her favourite health and beauty stores, Hannah Grace started what would become her own bath bomb business called BeYOUtiful.

Hannah donates 20% of every purchase to the Juvenile Diabetes Research Fund, as she was diagnosed with Type 1 diabetes when she was an infant.

Hannah Grace was 10 years old when she started her online business

Did Hannah start her online business by walking off into the digital landscape by herself?

No, she had guides and mentors to help her navigate to a destination that was aligned to her purpose, combining that which she loved, with that which the world needed, along with that which the world would pay for.

At Digi Life Enabled, we call that a business that’s aligned to your purpose and the reason why we established Digi Life Enabled was to enable people like you who were wanting to start off in the digital landscape, but didn’t know where to start, or didn’t know how to get to where you wanted to, to have the best chance possible of reaching your summit with the help of guides. Specifically, guides who’ve already walked the path you are about to walk.

Here to walk the path with you

 

So, If you’re interested in creating a business aligned to your purpose, consider the Time, Cost and Experience paradigm, and let that inform you how much you can do yourself from your own reserves, and how much external investment you need.

And, if you’d like the benefit of starting your digital journey with a proven map and a guide, then why not try our complimentary video training series that people all around the world are using to start and grow profitable online businesses aligned to their purpose.

Click here to learn more

Finally, in the week ahead, as you consider the next best step for you and your loved ones in every path you walk, let wisdom be your guide.

Gratitude is GOLD

Gratitude is GOLD

Where your treasure is, your heart will be also. So where and what is your treasure?

This video is about how an attitude of gratitude is a form of treasure, yes, gratitude really is GOLD.

Studies show that greater health and happiness is measurable in those who practice gratitude over those who focus on negative aspects, even to the extent that there is a change in the brain’s neuroplasticity.

But how do we develop an attitude of gratitude?

Please click here or on the picture below to learn three steps you can take toward an attitude of gratitude that can help you in your business and personal life.

Ruth & I have both been humbled by individuals we’ve met from around our world, refugees, orphans and others, who despite loosing everything in a material sense, still find something to be grateful for, so much so, that we are the ones who feel poor in their presence. We hope from this video you will see that even by having the capacity to watch a video on youtube, we’ve all so much to be grateful for, and that an attitude of gratitude is a treasure worth investing in.

And if, like many, you’d like to learn how to start an online business around that which you’re grateful for and passionate about, then click here to gain instant access to Digital Business System & Training Series.  

How Do We Learn To Start Something New?

How Do We Learn To Start Something New?

What has Horse Riding and words of Wisdom from Dr Martin Luther King have to do with learning to start something new?

I share some fundamental principles from both in relation to starting an online business you’re passionate about in this Sunday’s thought for the week.

Please click here or on the picture below to watch this Sunday’s thought for the week. 

I also introduce one of our latest ImportsXperts business mentors to you, Jay Bansal:

Our ImportXperts team are all about helping and guiding you to build an eCommerce business which is relevant for you. And by that, we mean helping you sell products based on your interests. There are tons of reasons why this is so useful:

  • You’ll understand what your audience wants
  • You’ll be able to answer your customers’ questions better
  • There’s more chance you’ll have the passion to stick at it, even if you come across a few hurdles
  • You’ll have pride in your business
  • And there’ll be more chance of long-term success

Jay will be heading up the new training curriculum in our ImportXperts academy, and to summarise:

  • He’s a very successful entrepreneur having sold multiple products on Amazon and Shopify over the past 5+ years. 
  • He’s mastered the art of design and knows how to create the most premium products. He made $25,000 in one day serving just 23 customers!
  • He’s worked with both small and big budgets and has a passion for supporting others to create amazing products that they can be proud of.

 

So if you’re looking for an online business and educational support package to get you up and running for the long term
then click here to get started now.
 
Here’s to your online success!
To Grasp An Opportunity

To Grasp An Opportunity

This week I came across a book in our friend’s lodge in Scotland where we’ve been staying; To Grasp An Opportunity.
 
It’s a true account of 5 teenage friends who left the area where the lodge is located from humble farming backgrounds, to become leaders in the industrial revolution in the Manchester, England  area in the 18th Century.
 
It’s interesting to read the lives of successful people to pick up on lessons from them which we too can apply to our lives.
 
I share one of these lessons from the book in this Sunday’s thought for the week.
 
Please click here or on the picture below to watch this Sunday’s thought for the week.

In the week ahead, remember, failing to plan is planning to fail.
 
So if you’re looking for an online business and educational support package to get you up and running for the long term
then click here to get started now.
 
Here’s to your online success!

Stephen