Sales & Marketing news

• Amazon Web Services just shared some mind-boggling statistics on how it dealt with Prime Day, Amazon's biggest shopping event ever (AMZN)

  16-08-2019 22:40 via feedproxy.google.com
  Amazon's Prime Day is a major event for the e-commerce giant, and for its customers who swarm to the site for deals.
  But it's a test extraordinaire for the company's tech teams, including Amazon Web Services, the cloud giant that provides much of the tech that the shopping site uses. (Amazon is one of AWS's biggest customers).
  The AWS teams spend months preparing for it, Amazon said.
  On Friday, AWS released some mind-boggling statistics of the kind of technical firepower AWS deployed to make Ama
  
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• A German rental-car company said it canceled plans to buy 100 Tesla Model 3s because of quality issues (TSLA)

  16-08-2019 22:40 via feedproxy.google.com
  A German car-rental company was so fed up with quality and service issues on its bulk Tesla order that it opted to cancel the purchase entirely. 
  Nextmove's CEO told Bloomberg that while he loves the Model 3, his plan to buy 100 of the electric luxury sedans hasn't panned out.
  A Tesla representative told Business Insider that it has solved many of the issues Nextmove experienced, and that its quality surveys show broad customer satisfaction in Germany. 
  Visit Business Insider's homepag
  
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• Stocks advance to close a chaotic week of trading

  16-08-2019 22:13 via feedproxy.google.com
  Stocks climbed on Friday after a choppy week of trading amid a bond-market rally and hopes of new economic stimulus across Europe. 
  German news-magazine Der Spiegel reported Germany plans to engage in deficit spending should the country fall into a recession, while an official from the European Central Bank recently said monetary stimulus in the region would exceed expectations. 
  Bonds yields rebounded from a buying spree on Thursday, with the yield on 30-year Treasuries bouncing back
  
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• Tesla sells more than just cars. Here are some of the company's surprising 'lifestyle' products, from wireless chargers to surfboards. (TSLA)

  16-08-2019 21:48 via feedproxy.google.com
  Tesla makes some additional revenue through the use of its name and brand.
  Tesla often releases new, sometimes-limited-edition lifestyle products, like phone chargers and even surfboards.
  We've compiled all of the popular lifestyle products Tesla has sold recently or currently.
  Visit Business Insider's homepage for more stories.Tesla sells a lot of products that aren't just cars — and people seem to love them.
  Last summer, Tesla released 200 limited-edition surfboards, priced at $1,500, wh
  
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• Trump held a call with top Wall Street execs as markets tumbled Wednesday

  16-08-2019 21:19 via feedproxy.google.com
  President Donald Trump was briefed by Wall Street executives from some of the largest banks on a conference call Wednesday.
  That came as recession concerns sent stocks to their worst close of the year.
  The White House has publicly maintained a rosy view of the economy despite ongoing trade tensions. 
  Visit Markets Insider for more stories.
  As recession concerns sent financial markets sharply lower Wednesday, President Donald Trump was briefed by Wall Street executives from some of the large
  
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• The bombshell report accusing GE of 'Enronesque' fraud is just the latest in the company's long history of accounting controversies (GE)

  16-08-2019 20:07 via feedproxy.google.com
  The recent report by Harry Markopolos alleging fraud by General Electric is the latest in a legacy of accounting controversies the company has faced.
  Here are a few of the accounting issues GE has run into over the years, from SEC investigations to a mismanaged investment bank that cost the conglomerate $350 million.
  Watch GE trade live here.
  The recent report alleging accounting fraud by General Electric marks the latest in a long history of accounting controversies within the industrial behemo
  
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• 'The longer the trade war goes on, the weaker China gets': Trump doubles down on tariff threats despite recession concerns

  16-08-2019 19:14 via feedproxy.google.com
  President Donald Trump has appeared increasingly comfortable with prolonged trade tensions.He has maintained a defiant stance even after a key indicator warned this week that the US economy could be headed for a potential recession.
  If the trade war isn't defused in the coming weeks, it is expected to hit one of the brightest spots in the slowing economy: retail spending.
  Visit Markets Insider for more stories.
  Even after a key indicator warned this week that the US economy could be headed for
  
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• Triumphant rise, spectacular fall: General Electric's 127-year journey from cutting-edge American icon to possible fraud case

  16-08-2019 19:09 via feedproxy.google.com
  General Electric used to be a byword for American innovation until a few years ago.
  Its 127-year history was marked by revolutionary technologies, immense profit, and now, alleged fraud.
  Here's a look back at GE, a manufacturing company that became one of the biggest on Earth, but not without immense setbacks.
  Visit Business Insider's homepage for more stories.Ever since it was formed in 1892, GE has been a byword for American innovation — that is, until a few years ago. 
  GE hasn't ju
  
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• Wall Street comes to Fort Lauderdale: A Florida mansion with a fully functional stock trading floor just hit the market for $12.99 million. Take a look inside.

  16-08-2019 19:04 via feedproxy.google.com
  A Fort Lauderdale, Florida mansion just hit the market for $12.99 million.
  Listed by Niki Higgins of Douglas Elliman, the property has over 16,000 square feet of space in all and will come almost fully furnished.
  In addition to its six bedrooms and 7.5 bathrooms, the over-the-top home has a number of unusual "extras," including a dog spa and a fully functioning Wall Street-style stock trading floor.
  Visit Business Insider's homepage for more stories.Traders, take note: One Florida mansion comes
  
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• GE was the most popular industrial stock for hedge funds last quarter. Here are 9 firms that likely took a beating after the stock tanked on fraud claims. (GE)

  16-08-2019 18:43 via feedproxy.google.com
  Hedge funds scooped up more shares of General Electric in the second quarter than any other company in the industrial sector. 
  The funds were most likely trying to buy the dip as the stock has shed more than 60% of its market value over the last two years.
  It's possible some of these funds sold shares before GE's sell-off on Thursday sparked by Harry Markopolos's fraud accusations, but many likely still held the stock and took a hit. 
  Here are nine hedge funds that may have gotten clob
  
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• Who is Harry Markopolos? The famed Madoff whistleblower could make millions after publishing a report accusing GE of fraud

  16-08-2019 18:27 via feedproxy.google.com
  Age: 62
  Family: Markopolos is married to Faith Markopolos, who also works in the financial industry. They have three sons. 
  Where is he from: He's from Eerie, Pennsylvania. He's the oldest of three children, and his parents, Georgia and Louis Markopolos, ran Greek-American restaurants. 
  Career: Markopolos started his career on Wall Street as a broker with Makefield Securities, a small brokerage based in Eerie, Pennsylvania. He went on to work at Darien Capital Management and Rampart I
  
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• A prominent short-selling CIO explains why it's the perfect time to bet against stocks — and shares 4 wagers he's making right now

  16-08-2019 18:16 via feedproxy.google.com
  Due to valuations, easy money, and stalling momentum, Bill Martin — chairman and chief investment officer of Raging Capital Management — thinks the current economic environment is primed for short selling. 
  He details some of his favorite current short picks, and explains his thinking behind the calls.
  Click here for more BI Prime stories.If you've been short stocks in the last 10 years, your timing has been comparable to as a bear that hibernates all summer, and comes out of it
  
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• Mounting recession fears have pushed consumer sentiment to the 2nd-lowest level of Trump's presidency

  16-08-2019 17:13 via feedproxy.google.com
  Americans became less optimistic about the economy this month as uncertainty surrounding trade and other policies weighed on their outlook, a University of Michigan survey showed. 
  A recent interest-rate cut could have underscored concerns about a potential downturn, said Richard Curtin, the chief economist of the survey.
  Trade concerns were cited by 33% of all consumers in the weeks after President Donald Trump said that he would slap tariffs on all remaining imports from China.
  Visit Mark
  
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• An investment chief overseeing $160 billion explains why traders shouldn't worry about a recession right now

  16-08-2019 16:26 via feedproxy.google.com
  The market volatility seen this week is nothing to worry about, according to Brad McMillan, chief investment officer for Commonwealth Financial Network.Until a recession is on the short term horizon, most investors have nothing to fear, he said.
  McMillan also argued that even though some recession indicators have flashed recently, they're indicating a slowdown two years into the future. 
  Underlying economic data in the US looks good right now, he said. 
  Read more on Markets Insider.
  Ma
  
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• The date of Apple's big iPhone 11 announcement may have just leaked (AAPL)

  16-08-2019 16:07 via feedproxy.google.com
  Apple could hold its annual iPhone announcement on September 10, according to an image in the iOS 13 beta discovered by iHelp BR.
  Apple typically unveils its new iPhones in the first half of September.
  This year's new iPhones are expected to feature a new triple-lens camera and reverse wireless charging.
  Visit Business Insider's homepage for more stories.Apple may take the wraps off its 2019 iPhone lineup on September 10, according to an image in the developer beta of the firm's iOS 13 software
  
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• Famed Madoff whistleblower Harry Markopolos could make millions from his claims General Electric is committing fraud (GE)

  16-08-2019 15:07 via feedproxy.google.com
  Harry Markopolos, a whistleblower on the Madoff ponzi scheme, has the potential to make millions from his recent call that General Electric has committed billions of dollars in accounting fraud. 
  The former financial executive is reportedly working with an undisclosed hedge fund that's betting GE's share price will drop, and Markopolos has an agreement to receive a portion of the trading profits, according to the Wall Street Journal. 
  Markopolos' group has also sent its 175-page report
  
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• 'These 3 things simultaneously increase return and reduce risk': A stock manager who's trounced the market since 1996 shares the secret sauce behind his portfolio

  16-08-2019 14:17 via feedproxy.google.com
  Bill Nygren — a portfolio manager at Oakmark Funds, which overseas more than $20 billion — touts a three-step process for investors looking to reduce risk and increase returns.
  His Oakmark Select fund has delivered 11% annualized returns since its inception in 1996, outpacing the benchmark S&P 500 by roughly three percentage points over the period, according to Bloomberg data.
  Nygren stresses the importance of value, dividend, and per-value share growth. He also favors incentiviz
  
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• The yield curve has uninverted, but signs that a recession could be coming still linger

  16-08-2019 14:10 via feedproxy.google.com
  The spread between two- and 10-year Treasurys uninverted shortly after falling into negative territory, sending a wave of relief through markets.
  Such an inversion has historically preceded economic recessions, including each of the last seven dating back to 1950.
  Despite the flip back into positive territory, there are other signs of turmoil in markets. And industry watchers say they should be taken seriously. 
  Yields on 10- and 30-year Treasurys are sitting at lows, which doesn't bode wel
  
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• Bank of America shares its playbook for dominating the stock market in a post-yield-curve inversion world

  16-08-2019 14:03 via feedproxy.google.com
  Even if the US economy and stock market are on the verge of severe pain after the recent yield curve inversion, some parts of the markets are going to do better than others, according to BAML ETF strategist Mary Ann Bartels.
  Based on market data since 1965, she writes that some sectors perform very well over the 12 months after the yield curve inverts, and one has a record of falling after every inversion.  
  She's advising investors which ETFs they can use to get the most profitable ex
  
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• GE's CEO bought nearly $2 million of the firm's stock following a whistleblower's fraud accusation

  16-08-2019 12:58 via feedproxy.google.com
  General Electric's CEO, Larry Culp, reportedly bought roughly $2 million of the company's stock after he and GE were accused of fraud, per CNBC. 
  It comes after accounting expert, Harry Markopolos, released a 175-page report detailing how GE had been committing fraud, saying it was a bigger scandal than Enron and WorldCom combined. 
  Culp hit back at Markopolos, saying that "this is market manipulation – pure and simple."
  View markets Insider for more stories.
  Larry Culp, the CEO
  
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• Nationwide, Disney, Hinge: 5 things that mattered this week and why

  16-08-2019 12:43
  Why dating app Hinge wants to be deleted
  Over the last 10 years, online dating has undergone a revolution. No longer is it embarrassing to admit you met your husband/wife/boyfriend/girlfriend/partner/current crush online. In fact, if you’re single and aren’t online dating friends will likely try to offer advice on which dating app is right for you.
  The growing popularity has led to a proliferation of services all trying to distinguish from one another. And Hinge is no different. Own
  
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• Global equities are rallying after week from hell but investors 'remain on the defensive'

  16-08-2019 11:26 via feedproxy.google.com
  Global markets are rallying today, with Asian markets closing on the up and European markets rising on open.
  US equities are looking up after a punishing week which saw a major yield curve inversion and continued trade war escalation.
  "Although treasury yields are climbing away from record lows on Friday as some tranquility returns to markets, the movements in the bond markets are poised to remain on investors radars in the week ahead," according to Lukman Otunuga, Senior Research Analyst at FXT
  
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• Meet the DTC beauty brand founded on the psychology of consumer behaviour

  16-08-2019 08:30
  Beauty Pie products are bought at face value from labs worldwide.Offering consumers luxury beauty products at face value prices, online disruptor Beauty Pie has carved out a niche as a direct-to-consumer brand founded on the psychology behind consumer behaviour.
  Based on a tiered membership model, users can choose a £99 one-off yearly Beauty Pie subscription or a monthly fee of £5, £10 or £20, which comes with a monthly spending limit. Users then get access to buyers&rsqu
  
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• SodaStream’s UK boss on life after the Pepsi buyout

  16-08-2019 08:00
  You have to be a little bit crazy to work for SodaStream or so Tiago Alves, the company’s UK general manager, says. He is talking fervently about the brand and about how a little bit of insanity is essential to thrive within the homemade sparkling water company.
  “You need to be someone who takes risks and [having] a bit of crazy is critical. We don’t have a big budget so we always need creativity,” he explains.
  SodaStream CEO on why marketing is key as it aims for ‘
  
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• This tech VC is based in Singapore, not Silicon Valley. And the startups she's seeing are solving problems Silicon Valley isn't even aware of.

  16-08-2019 02:17 via feedproxy.google.com
  Arbor Ventures managing partner Melissa Guzy says there's a big benefit to being a tech investor based in Asia.
  Being in Singapore and frequently traveling around Asia has given her insights into business trends there and the challenges companies face there, she said.
  Her experience living, working, and investing in Asia helped inform her firm's recent investment in InCountry, a startup that helps companies store data in the countries in which they operate.
  Click here for more BI Prime stories.S
  
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• Tips for effective native advertising

  16-08-2019 02:00 via warc.com
  Native advertising content needs to achieve a high quality of editorial content and brand placement in order to achieve the optimal impact, according to a study published in the Journal of Advertising Research (JAR).Yoori Hwang (Myongji...
  
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• Paytm aims to double user base

  16-08-2019 02:00 via warc.com
  Paytm, the Indian digital payments firm, is putting money behind a new marketing effort and an expanded content offer to help it double its number of monthly active users from the current figure of 140 million by March next year.It is investing ...
  
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• Nixtamalisation: a data lesson from history

  16-08-2019 02:00 via warc.com
  Digital marketing relies heavily on data, technology and what can be measured, but there is an urgent need for marketers to make sense of the data and, crucially, to understand what it can and can’t do – which is where a history lesson...
  
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• China's young luxury shoppers are brand conscious, not brand loyal

  16-08-2019 02:00 via warc.com
  Companies will need to think outside the brand box to win over the hearts and wallets of China’s young luxury shoppers, according to a new report by McKinsey.China’s luxury spending is projected to nearly double between now and 2025 to...
  
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• Brand safety risks can hit sales

  16-08-2019 02:00 via warc.com
  More than 80% of US consumers say they would reduce or stop altogether purchases of products that advertised near extreme or dangerous content, according to a new survey which also finds that consumers define brand safety more broadly than expected....
  
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• Addressable TV ad viewers are more engaged

  16-08-2019 02:00 via warc.com
  The UK addressable TV market is growing, with 40% of homes now addressable, and a new report from Sky AdSmart claims this channel delivers higher engagement and clear business results for advertisers.A white paper,
  
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• 3 Ways to build better customer profiles using Retail Pro POS

  16-08-2019 01:18 via retailpro.com
  The elusive omnichannel shopper: she leaves her tracks everywhere but is yet to be understood. Shoppers’ path to purchase today beelines from your store to your website on their computer at the office (used only during breaks, of course), to …
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• Cloudflare's IPO filing warns investors of a disturbing 'risk factor': white supremacists

  16-08-2019 00:59 via feedproxy.google.com
  Cloudflare filed to go public on Thursday, and it listed its controversial former clients in the risk factors section of its filing.
  Cloudflare, a web protection service, once served a neo-Nazi website and 8chan, an online forum connected to three deadly mass shootings.
  Though Cloudflare ultimately terminated its client relationships with both sites, the company said that its past association with the customers, and its subsequent responses, have the potential to pose adverse business consequenc
  
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• 4 ways to use pop-ups’ popularity to boost your brick & mortar strategy

  16-08-2019 00:28 via retailpro.com
      Pop-up stores are a popular way to freshen brick and mortar presence as well as to physically connect e-commerce retailers to their customers. They have been around for a few years, but they have steadily become increasingly popular. …
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• VIP experiences that build loyalty in luxury retail

  16-08-2019 00:20 via retailpro.com
      Luxury shopping is an experience all its own. Included in the unique ecosystem of retailers catering to the very wealthy are loyalty programs. Many recent program launches come from companies realizing that they need assistance building loyalty among …
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• 3 realities about your Baby Boomer shoppers that will help you win them over

  16-08-2019 00:03 via retailpro.com
      Baby boomers — those customers between the ages of 54 and 72 — are predicted to increase their spending by 58% to $4.74 trillion over the next 20 years. That’s far more sales growth than millennials, whose spending will …
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