The JD.com giant e-commerce has recently stated that it will increase its employees’ salaries by approximately 14 percent over a couple of years. This move proves its financial prowess when most of its competitors struggle with a financial crisis and regulatory scrutiny. On Tuesday, it posted on its WeChat social media account that it will boost its employee’s salaries to the equivalent of around 16 months. It also anticipates starting paying this salary in July 2023 from the previous 14 months, representing an approximately 14 percent average increase.

It’s based around Beijing, with around 370,000 employees serving across different sectors. Two of its employees within various departments confessed that they hadn’t received any notification regarding salary increase. According to the South China Morning Podcast report, the approach has attracted different kinds of Chinese social media and boosted morale. These social media have embraced and spread the rumors across the country because it is scarce for the competitive e-commerce sector to increase their general salary. China’s National Bureau of Statistics indicated that annual average wages would rise by approximately 4.3 percent in 2020. Still, its entire growth skyrocketed to around 12.4 percent within the first and foremost quarters of 2021.

It has positively impacted the lives of many citizens across the country despite the severe impacts of the deadliest COVID-19 pandemic. Therefore, the Chinese brands are improving their brands to rise to the pinnacle and increasing their sales rate. Additionally, the JD.com empire salary increase sharply contrasts what its primary CEO Richard Liu confessed during its base salaries summit. He also stated that they might increase their salary depending on the number of deliveries they made per year.

Research shows that it was struggling after the Minneapolis detained Richard Liu on rape filed cases by a Chinese student. Even though the police organization dropped his criminal charges, the business continues to experience the impacts of the scandal. However, the e-commerce empire has come back firmly during the ongoing pandemic by recording significant sales growth. Many people resort to online platforms to purchase luxury and groceries goods. By the end of March 31, its new income had accelerated to 3.6 billion yuan and around 1.1 billion yuan in the previous year. Now, its new revenue accelerated by 39 percent to 203.2 billion yuan.

Currently, it has successfully finished public offerings around Hong Kong and has boosted the wide range of Beijing’s technological business empires. In addition, Richard Liu has issued a public notice to the shareholders to mark the company’s 18th anniversary. Besides, it anticipates working smart and diligence in enhancing its general online operations. With this remarkable move, they plan to improve their online platform’s features to increase consumers’ attention.

That public letter addressed its achievements to its loyal employees and noted its responsibility is to offer an excellent foundation for consumers around the globe. These notable improvements have heavily depended on its specialist team and diligent employees. Besides, their website developers team has worked tirelessly to ensure the platform is much interactive and responsive. In addition, its customer care support has been around the clock to solve any issues that might arise with its brands and platform.

In most cases, it usually focuses on offering the most simple business logic globally, making many users resort to them without any doubt. However, beware that whenever a specific company treats their employees with dignity, they probably serve them sincerely. Richard Liu’s company has intensively embraced that philosophy, making it the leading giant e-commerce business in the competitive market arena. He also used his professional expertise to boost employee welfare, which makes him maintain his positive reputation in the long run. Nowadays, it collaborates with other organizations and business gurus to enhance its online activities, which has recently gone viral across social media platforms.

In business, success comes from being proactive in every single department. If you use your brain and actively choose to get eyeballs on your work, then you’re going to have a better chance of turning leads into customers and making lots of money.

In terms of your digital advertising and marketing, facets such as PPC have become so important for a number of reasons. You have probably seen pay-per-click ads online plenty of times without really considering how they got there. If you have a business to promote and products/services to sell, then this would be a marvelous and productive practice.

It is so important for your business in 2021 and beyond, and here are a few specific reasons as to why:

You Pay Exclusively For Clicks

When you pay for typical, traditional marketing platforms and services, you are paying a fixed fee and hoping for the right results. With PPC, you are quite literally paying whenever someone clicks. This means you will only have to fork out when someone is interested in what you’re advertising. The chances of this leading to more money on your end are greater. You’ll also get to see which ads are doing well and which have low conversion rates, so you can change things up accordingly.

You Are Able To Target The Audience Of Your Choice

You’ll only be paying to reach the audience that you need. You won’t just be broadcasting to the most random groups hoping to get a few sales. You’ll use demographics, interests, keywords, and all kinds of different variables. The search engine will target the people that relate most to the info you log down. It will all be organic and you won’t be forcing a thing. It may take a few months, but this strategy will get you the sales you need from the people you want to build relationships with.

You Can Track Everything

The wonderful thing about this method is that you can track and analyze pretty much everything you do regarding it. Signups, downloads, goals, and any other kind of interaction will be monitored through the PPC advertising. This will allow you to see exactly what’s going on – it’s not a Hail Mary. Whether you work with a PPC agency or you do this without, you’ll have eyes on all bases.

You Get Control Over Scheduling And The Budget

When you start out with PPC, you get to choose the budget for the campaign. You can adjust it whenever you like and can change the keywords if you aren’t getting the results you desire. You are fully autonomous as the entire system is fluid.

The Results Are Quick And Easy

You bid on certain keywords. These keywords are being searched and browsed pretty much every single minute – probably even more frequently than that. With that said, the chances are that you’ll get a lead in a matter of moments. There are so many people online at one time, that you’re likely to get fast, effective results that make your business do so well for a long while.

This blog is all about being cool, so what is cooler than making money? Yes, that was a rhetorical question. But let’s be real, smart investments allow us to make some money on the side or, depending on how much we are investing, retire at a young age and travel across the world without a worry in mind. This is why I broke down the top 4 cool investments that will take your financial status to the next level.

Invest in stocks on the stock market

Although stocks are considered a risky investment, all boils down to how the investor manages them. If you want to obtain quick results, we can assure you that the risk will be higher because the chances of losing the money will also be higher.

On the other hand, if you leave them for a long time, you will eventually earn money, since the stock market always tends to rise.

You can invest in the stock market through a broker or from trading platforms. One of the most popular in the world is eToro, which allows you to copy the strategies of the best investors on the platform.

Invest in Cryptocurrencies

The entire crypto market is experiencing new all-time highs, which is why many investors claim that now is the time to invest in this sector.

If you do not mind taking the risk, we can assure you that cryptos are worth it because if you get returns, these will be very high, since the virtual currencies fluctuate a lot (the same with the losses, which can be quite big in a short period of time). Bear in mind that you must analyze the market daily, as it is the only way to make profits, anticipate possible losses and keep better track of it.

Invest in Online Casinos

As the saying goes, the house always wins. Casinos operate strong business models, as casinos earn a virtually guaranteed profit from the sum of the bets they receive. The relatively attractive economics of casinos make the industry worthy of a closer look. This last year, restrictions affected land casinos like no other, being obligated to rely on online casino services. The UK has seen one of the biggest surges in online casino betting in the last year and a half, so if you are looking to profit from a casino bonus UK should be your main option.

Invest in real estate

It is a very valid way of investing since you can earn a lot of money safely. Investing in real estate requires patience: if you invest in a property and hold it for several years, then the property’s price will increase and you will be able to make even more money in the long run.

It is a type of investment that requires a lot of patience. You must give the property the time to grow efficiently so its price can increase, and thus reap the maximum benefit from your seemingly minor investment.

If you know how important it is to address your business’s data governance needs, your very next step should be to design a well-thought-out, strategic data governance framework. That will ensure that your business’ data management protocols will assist each of your business departments access the information which they require to make wise, quick decisions in an efficient manner.

What is a data governance framework and how can it affect your business?

Your first question may be a simple one. What is a data governance framework? Simply put it’s a detailed plan, which stipulates how your business’ data will be used and stored throughout its lifetime. From the moment that it’s first acquired to the end of its life. As it should be 100% clear how each type of data is obtained, how it travels through your business’ framework, and how it is disposed of or stored at the end of its life span.

How to get started in order to update your data governance framework:

If you’re curious about how to get started, you can’t go wrong by creating clear, defining goals, and setting exact parameters for your data governance protocols. For example, your goals should ensure that your business can make confident, well-informed business decisions based on the data that your business has acquired during the span of your business. As well as in the last 24 hours, week and month. As data from the past as well as current, up-to-date data can prove invaluable for your business. No matter whether your business is a small business, a medium-sized business, or a large international business.

Ask the head manager of each of your departments for the information which they require:

It’s well worth asking the head manager of each of your business’ departments for the critical pieces of information that they’d like to have access to in order to run their respective departments as efficiently as possible. Especially if your managers are often required to make quick, critical decisions that can affect the future growth of your business. Once you know the information each manager requires access to, you’ll be able to select data storage solutions that will provide each manager with the key information which they have asked for.

Make sure that data is assigned to a department or a manager:

One way to ensure that your data is securely held is to ensure that each type of data is assigned to a specific department or manager. As there should not be any data which has no ownership and may not be protected accurately or kept in a storage solution that is not maintained properly and has potential data or security leaks that you should avoid.

In conclusion, if you are interested in taking responsibility for your business’ data and want to transform your business for the better, it’s a great idea to analyze your business’ data governance framework in depth. Especially if it’s been a long time since you’ve taken a serious critical look at your data governance framework. Which should be assessed at least on an annual basis.

Bennet Schwartz is an industry veteran and has a wealth of experience working as a creative director in both the United States and Sydney, Australia. Throughout his career, Schwartz has produced high-quality work for a wide variety of prominent businesses in both countries. As a result of his extensive industry experience, Schwartz is able to predict future trends in the creative industry such as the rising popularity of freelancing and the likelihood of government industries influencing the industry in the coming years.

The Future of Creative and Bennet Schwartz:

Freelancing will increase in popularity:

As the last few years have shown, freelancing as an option for creatives will only continue to increase in popularity. Especially as international companies are now able to easily outsource their work to talented professionals around the world and are no longer limited to hiring individuals in certain cities. As a result, the top creatives will be able to work for global companies from anywhere in the world and will be able to command larger sums of money. As successful global companies will be willing to pay competitive salaries for the right individuals who are able to produce outstanding work.

Governments around the world will implement more industry governing regulations:

One trend that Bennet Schwartz has picked up on, is how governments around the world, particularly governments in western countries such as Australia and the United States are looking to implement more industry governing regulations. Unfortunately, these regulations may make it more difficult for individuals who are looking to join the freelance sector to make a viable living. While more well-established freelancers who already make a decent living should be able to continue making a living via remote working. As they’ll already have an established customer base that won’t be too adversely affected by brand new industry regulations that are designed to make it less attractive for newcomers to start working for themselves.

It will be quicker for creatives to complete their projects:

Bennett Schwartz also predicts that due to the latest computer processors and graphic cards, it won’t take nearly as long for creatives to finish their digital projects. For example, as a result of the latest graphics cards, it’s already a whole lot faster to render projects than it used to be. Which allows creatives to finish a greater volume of projects, in the same amount of time.

Subscription services are set to become even more commonplace:

While in the past creatives could purchase software outright, now most software companies require individuals to pay for subscriptions to use software such as PhotoShop. So unfortunately many creatives may find that their production costs may rise as a result of having to pay monthly fees for a wide variety of software programs.

So if you admire Bennet Schwartz’s projects of successful career and are interested in his predictions for the creative design industry, hopefully, you found his predictions which are listed above fascinating. Especially if you operate a business in the creative field or are looking to become a creative director like Schwartz!

As a business owner or a high-level manager, it’s important to strategize carefully in order to manage your materials effectively and to ensure that your business’s inventory is adequately optimized. As examples, you’ll learn how to transport your materials more efficiently and how to keep track of your materials digitally. You’ll even discover how to keep your stockroom well organized and how to get rid of items that aren’t moving quickly.

A guide to materials management and inventory optimization:

Think about transporting your materials efficiently:

Pay attention to the journey which your materials take. For example, if a third party supplies raw materials which are used in a factory to create your business’ products, make sure that your business selects the most trustworthy yet cost-effective method of shipping your raw materials from their original source to your factory and from your factory to your stores or distribution centers. As if you’re able to decrease the transportation costs which are associated with transporting your raw materials, you’ll be able to decrease your production costs which will allow you to increase your business’ profits.

It may be a wise idea to ring other transportation companies for a no-obligation quote, to ensure that the prices that you are currently paying to transport your materials is a fair, competitive price. As you can always decide to swap the transport companies which your business deals with.

Make sure that you’re able to track your materials digitally:

Throughout every step of your materials’ journey with your business, you should be able to track the exact whereabouts of all of your business materials. For example, if you look up the reference number for a shipment of raw materials, you should be able to find out exactly where your shipment is at any point in time. Even if your shipment is on the road from one facility to another.

Make sure to clean out your inventory on a regular basis:

If you notice on your systems that there is particular inventory that isn’t moving and has been sitting in your stores or warehouses for far longer than you originally estimated, it may be a good idea to either run an online sale to get rid of your excess stock. Or to simply get rid of your stock, in order to free up valuable storage room for products that sell quickly and won’t be a liability to your business.

Market your items so that they fly off the shelves:

One way to ensure that items don’t stay on your shelves or in your supply room for too long is to invest time, money, and energy into promoting new products and collections. So that your potential customers are well aware of the new products which your business is offering.

So if you’re always looking for fresh new ways to increase your business’ profits, it’s well worth taking a look at how you manage your materials and your business’ inventory. In order to streamline both processes for the betterment of your business.

Infographic created by WSI, a fulfillment logistics company