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importing | 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.

Think Small To Succeed

Think Small To Succeed

You know, many people talk about ‘thinking big’ in business and in life to succeed, and I get that, but this week I want to encourage you to simply think small, in both your business and personal life.

In the video below I share two examples of people who are making a big difference in this world not by thinking big, but by thinking small, one of whom is a 16 year old girl who through small acts is making a huge difference…

Finally, as we all think about ways to generate wealth to make a difference in this world, I want to leave you with some of the last words Steve Jobs shared before he passed away at the age of 56 from pancreatic cancer:

“At this moment, lying on the bed, sick and remembering all my life, I realize that all my recognition and wealth that I have is meaningless in the face of imminent death.

You can hire someone to drive a car for you, make money for you – but you cannot hire someone to carry the disease for you.

One can find material things, but there is one thing that can not be found when it is lost – “LIFE”. So, love the people God sent you, one day he’ll need them back…”

May we all make a big difference in the week ahead by thinking small.

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!
Inspiring REAL LIFE Stories

Inspiring REAL LIFE Stories

Last week we shared with you the inspiring online business start up story with you of Tony & Ness Hales from here in the UK.

Despite their world falling apart after a work related injury for Tony, the sole family bread winner, the Hales stepped out of their comfort zone and put their minds to learning new skills from SFM’s ImportXperts team so that they could start their own online business from home.

This week we want to encourage you on your online business journey by sharing another success story, that of Andrea.

In the video below, Stuart interviews Andrea who is one of SFM’s ImportXperts students. Andrea shares her first-hand experience about how she found the ImportXperts process and her subsequent eCommerce success, selling 88 units of her first product within 4 days of launching – and as you’ll hear in the video, she started from scratch having never sold online before (apart from one eBay sale).

As a result of her success, she won all expenses trip paid to China with the ImportXperts team courtesy of SFM:

One of the questions we get asked so often is “If I join SFM do I have to sell SFM products?” and the answer is “No.”

While the SFM products and services can be marketed by members who receive up to 40% commissions on certain sales, and that’s great if you’re starting out without your own product, many members take advantage of the education and mentoring purely for their own product lines, or, like Andrea and the Hales, they’ve taken advantage of the SFM ImportXperts training and now have their own branded product lines which they manage through an agent linked to the product manufacturer.

So please do check out Andrea’s story, and if you’re still undecided about the SFM system, then why not set up your own FREE TRIAL account by clicking here.

You’ll be able to explore the system for 30 days, have a FREE 1-2-1 with a system consultant over the phone at a time convenient to yourself, and if during those 30 days you feel it’s not for you, then you can cancel at any time without any additional cost to yourself.

We share these REAL LIFE stories with you to encourage you on your own journey and to remind you that their success CAN BE YOUR SUCCESS!

Here’s to your online success!

Inspiring ImportXperts Success Story

Inspiring ImportXperts Success Story

We’re all on a journey, and it’s good to inspire one another on that journey, because let’s face it, we all get knocks and set backs.

So as you consider your options around which path to take on your online business journey, we’d like to share another inspiring online business start up story with you, that of Tony & Ness Hales from here in the UK.

Despite their world falling apart after a work related injury for Tony, the sole family bread winner, the Hales stepped out of their comfort zone and put their minds to learning new skills so that they could start their own online business from home.

Please do take 4 minutes to watch their inspiring success story here:

You know, one of the questions we get asked so often is “If I join SFM do I have to sell SFM products?” and the answer is “No.”
While the SFM products and services can be marketed by members who receive up to 40% commissions on certain sales, and that’s great if you’re starting out without your own product, many members take advantage of the education and mentoring purely for their own product lines, or, like the Hales, they’ve taken advantage of the SFM ImportXperts training and now have their own branded product lines which they manage through an agent linked to the product manufacturer.
Note – the ImportXperts team are heading off to the Hong Kong Canton Fair 18-22 Oct and there are only 2 places left. This trip will give you the opportunity to put the foundations in place to build a successful eCommerce business, saving you both money and time in comparison to trying to do it virtually. If you’d like more information about this specific trip, then drop John an email at john@importxperts.com
So please do check out Tony & Ness’s story, and if you’re still undecided about the SFM system, then why not set up your own FREE TRIAL account by clicking here.
You’ll be able to explore the system for 30 days, have a FREE 1-2-1 with a system consultant over the phone at a time convenient to yourself, and if during those 30 days you feel it’s not for you, then you can cancel at any time without any additional cost to yourself.
Here’s to your online success!