Since the partnership between JD.com and Tangning Books Store in 2017, Jingdong’s customer base increased to 49 offline book stores. The largest online retailer in China is helping traditional bookstores enter the e-commerce world using its book business services. Their solutions for logistics, book procurement, and technology enable retailers to increase profits and bring convenience to customers. Among the book retailers are Yitiano, AIO SPACE, Tangning Books, and other locations in Beijing and neighboring areas. The modernization of the traditional bookstores provides an opportunity to improve customer service and sales by learning the customers’ behaviors for tailored book selections.
Tangning Books has two bookstore locations in Guangzhou that are a part of the partnering agreement for JD.com to source all its books from their inventory. Through the weekly restock services, offline book retailers keeps their stock updated using logistics networks. They receive benefits of prompt deliveries and labor savings to help reduce overhead costs. The companies formed a partnership in May 2017 and within seven months sales rose to 30 percent and profits were up 17 percent. One main reason is its delivery service to customers when a book is out of stock at a physical location. The customer can just scan the QR code and have the book delivered to the door within 24 hours from Jingdong’s warehouse.
Without this service, Tangning Books would not have seen an increase in sales and improved profits so soon. Offline book retailers have an option of Retail as a Service or the Raas Strategy. Restaurants, manufacturers, and other types of retailers use Raas to have access to technology and services. JD.com was formed in 2004 as a store location and moved it to an online business for marketing its broad selection of products, in 2010. Richard Lui, the founder and chief executive officer grew the online retailer over the last eight years into a billion dollar company. The market value is over $60 billion making it the top Chinese e-commerce service provider and retailer. Information about the partnership with Tangning Books and other offline book retailers is on JD’s corporate blog in an article, on November 23rd, 2018.
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Blockchain technology is a new concept that came with the introduction of cryptocurrencies. It is a decentralized ledger that protects transactions. Every transaction that is made on this platform cannot be altered. It is duplicated on so any servers across the globe that is not possible to change information that is contained in the system. Blockchain technology can be used in many applications among them the protection of identity theft. Many people are losing money through credit card fraud among many other things due to personal information leaking and being used by criminals to commit acts of fraud. According to Paul Mampilly, an experienced financial expert for over 25 years. The blockchain technology can be used to prevent identity theft.
Mampilly has an excellent reputation for helping others create wealth by offering them information that is correct on opportunities which they can invest in and make a substantial amount of money. He is of the opinion that online accounts should be done with and replaced by blockchain technology. He suggests that embedding our information in a microchip that can be used to make transactions is the safest way of doing transactions. Although people fear the idea of carrying chips in their bodies, change sometimes becomes necessary, and according to Paul Mampilly, we are at that juncture where we need to accept that chips can change our lives. When you have information embedded in a chip, you are sure that the only way that your information can be used is through your authorization.
With the developments taking place in the tech industry, Paul Mampilly is suggesting that investors should start making investments in semi-conductors seriously. Everything that is taking place in this industry depends on these materials, and therefore their demand will keep on rising. Paul Mampilly believes that blockchain microchips will happen one day and it will be a big boost to the semiconductors industry. His advice is that investors should not go for the big companies, they should aim for the small companies. These are the companies which will offer the best returns. Paul Mampilly has been a hedge fund manager in the Wall Street and therefore he is one of the smartest experts on financial matters.
The financial industry can be a difficult thing to navigate, especially for families in Australia who are not offered much guidance and help when it comes to understanding their mortgage. As someone with an MBA from the Australian Institute of Business and 17 years of experience in the financial industry, Graeme Holm and his company Infinity Group Australia are working to help families achieve financial independence. Graeme Holm co-founded the company in 2012 and still acts as their Director more than 6 years later. By teaching financial responsibility by giving clients ongoing support while helping them reduce their debt, Infinity Group Australia is able to help families pay off their mortgage and other debt considerably faster than other brokerage services.
Graeme Holm believes that many people have not been given a fair deal when it comes to their mortgage and that they need help getting their financial situations under control. Graeme Holm founded Infinity Group Australia after researching the industry and creating a business plan over 6 months with his partner, he wanted to know exactly what families in Australia were dealing with in multiple aspects of their lives in order to help them pay off the debt that they had accrued over the years. The company has been recognized multiple times for their excellent customer service and innovative methods.
Most brokerage companies don’t really do much besides collect money after the loan is made, but Infinity Group Australia is different. They continue to offer advice and guidance throughout the entire process from beginning to end almost like a financial personal trainer. This method has allowed their clients to be able to pay off their debt considerably faster than with other methods. The results that have been shown are impressive, all of their clients are able to pay more on their home loans in 3 months while using their services than they had paid in the 12 months before.
The methods that Graeme Holm’s Infinity Group Australia use to help their clients involve looking into the big picture of their family’s life. They help them figure out ways to budget their living expenses like food and entertainment on a weekly basis to help reduce the debt in their lives. Holm’s believes that if you cannot pay for the things that you want in cash then you shouldn’t be making the purchase. This philosophy helps his clients to meet their financial goals over time. Learn more : https://infinitygroupaustralia.com.au/testimonials/