Sales & Marketing news

• US military asks troops to stop smashing the 'REPLY TO ALL' button on emails, bans YouTube and Netflix because of bandwidth strain during coronavirus

  19-03-2020 23:00 via feedproxy.google.com
  
  The US Navy and Marine Corps' computer network, the Navy Marine Corps Intranet (NMCI), is experiencing an "increase in users who are teleworking/social distancing" and it's putting a strain on the military's IT.
  Navy officials offered guidance on reducing bandwidth loads, including limiting file attachments in emails, and to "Limit use of REPLY TO ALL when responding to group emails."
  Visit Business Insider's homepage for more stories.As the US military continues to instruct swaths of troops and
  
  Read more

• Tesla is shutting down its factory due to coronavirus, but it has enough cash to stay in business for a while (TSLA)

  19-03-2020 22:12 via feedproxy.google.com
  
  Tesla said that it would suspend production at its Fremont, California, factory beginning March 23.
  The company said that "continued operations" had caused challenges for employees and suppliers.
  The San Francisco Bay Area is under a shelter-in-place order among a worsening coronavirus outbreak in the US.
  In shutting down its plant, Tesla joins the Detroit Big 3 and much of the rest of the auto industry operating manufacturing facilities in the US.
  Visit Business Insider's homepage for more stor
  
  Read more

• Worse than the 2007 'Quant Quake': Huge quant names like Schonfeld and Bridgewater are getting slammed as market chaos blows up computer-driven trades

  19-03-2020 22:02 via feedproxy.google.com
  
  Quant funds have been slammed over the last couple of days, with big names like Bridgewater, Schonfeld, and Renaissance taking a hit. 
  Several quant investors told Business Insider that it's worse than 2007, when the infamous "Quant Quake" steamrolled even the most savvy of funds. 
  "Of course we are questioning if we should have done things differently," Bridgewater founder Ray Dalio wrote in a note to investors.
  Click here for more BI Prime stories.For long-running quant funds, their
  
  Read more

• One astonishing chart shows the carnage underway in the US labor market as a result of the coronavirus

  19-03-2020 21:19 via feedproxy.google.com
  Unemployment across the nation is climbing rapidly as a result of the coronavirus shutting down wide segments of the American economy.
  One chart from Bespoke Investment Group illustrates a skyrocketing number of searches on Google for "unemployment benefits," which is correlated with people filing for them.
  Economists are warning a recession could already be underway.
  Visit Business Insider's homepage for more stories. 
  Unemployment across the nation is surging as a result of the economic f
  
  Read more

• Advertisement

• Dow climbs 188 points as coronavirus stimulus measures calm investor nerves

  19-03-2020 21:05 via feedproxy.google.com
  US stocks rallied amid additional stimulus efforts from governments and central banks.
  The gains comes as forecasts for a US recession intensify.
  The rebound follows the Dow's 1,300-point slump in Wednesday's session. The index's recent intraday low that day marked an erasure of all gains made since President Trump's inauguration.
  Watch all indexes update live here.
  US stocks gained on Thursday as investors responded to additional stimulus efforts from governments and central banks.
  The Dow
  
  Read more

• Oil surges a record 24% after Trump says he'll get involved in the global price war at an 'appropriate time'

  19-03-2020 20:40 via feedproxy.google.com
  US Oil prices jumped as much as 24% Thursday, the most ever, after President Donald Trump said that he'd get involved in the global price war at an appropriate time. 
  US West Texas Intermediate Crude gained 24% to $25.28 per barrel, while Brent crude gained nearly 14% to $28.26 per barrel. 
  "We are trying to find some kind of middle ground," Trump said during a press conference at the White House.
  The US Department of Energy also said Thursday that it would buy 30 million barrels of Am
  
  Read more

• Amazon's Prime Pantry service is temporarily closed after orders spiked amid the coronavirus outbreak (AMZN)

  19-03-2020 20:13 via feedproxy.google.com
  
  Amazon's Prime Pantry service is temporarily closed due to an increase in demand amid to the coronavirus. 
  Amazon confirmed that the site will not accept new orders as it works to restock. 
  Prime Pantry is one of many grocery-delivery services that are experiencing a spike in demand as more people stay at home due to the virus. 
  Visit Business Insider's homepage for more stories.Amazon is temporarily closing down its Prime Pantry service after orders spiked due to the coronavirus
  
  Read more

• There are still plenty of new cars for sale in the US, even as automakers shut down factories to deal with the coronavirus outbreak. That could help manufacturers come roaring back when the worst is over. (F, GM, FCAU)

  19-03-2020 19:41 via feedproxy.google.com
  
  Automakers have built up of good levels of inventory in the US.
  They were preparing for the spring-and-summer selling season, before the coronavirus crisis hit.
  Some brands have witnessed slow sales and have over 100 days worth of vehicles on hand.
  Overall, dealers are now holding more than two months on inventory, on average.
  Visit Business Insider's homepage for more stories.Buick has 106 days worth of vehicles to sell. Fiat has 170. Hyundai's Genesis brand has 132. 
  Those inventory figur
  
  Read more

• Advertisement

• Dow climbs 300 points, reverses earlier losses, as investors respond to coronavirus stimulus measures

  19-03-2020 19:30 via feedproxy.google.com
  US stocks rallied amid additional stimulus efforts from governments and central banks.
  The gains comes as forecasts for a US recession intensify.
  The rebound follows the Dow's 1,300-point slump in Wednesday's session. The index's recent intraday low marked an erasure of all gains made since President Trump's inauguration.
  Watch all indexes update live here.
  US stocks gained on Thursday as investors responded to additional stimulus efforts from governments and central banks.
  The Dow Jones in
  
  Read more

• Trump says he'd be OK with a bailout that prevents companies from using cash on share buybacks — and claims he was 'never happy' with them in the past

  19-03-2020 18:54 via feedproxy.google.com
  President Donald Trump said on Thursday that he'd be OK with prohibiting companies that receive federal assistance during the coronavirus pandemic from using that money for stock buybacks in the future.
  He added that he was "never happy" with companies using large amounts of cash for stock buybacks.
  The White House and Congress are ironing out the details of what could be a more than $1 trillion stimulus package to help with the economic fallout from the pandemic.
  US airlines have asked for $54
  
  Read more

• 'Hell is coming': Billionaire Bill Ackman sent the stock market spiraling during a 28-minute interview filled with dire coronavirus warnings

  19-03-2020 18:40 via feedproxy.google.com
  Bill Ackman warned on Wednesday of mass casualties, collapsing industries, and a deep recession if the US government doesn't impose a nationwide shutdown to slow the spread of the coronavirus.
  The billionaire hedge-fund manager's emotional half-hour CNBC interview pushed an already vulnerable stock market toward intraday lows.
  Ackman also revealed that he was buying shares, sparking accusations that he was manipulating the market to drive stock prices down or profit from short bets.
  We've compil
  
  Read more

• The economic outlook for Americans just plummeted the most since the financial crisis as coronavirus threatens recession

  19-03-2020 17:44 via feedproxy.google.com
  US consumers' economic confidence sank the most since the financial crisis in March, according to Bloomberg's Consumer Comfort index.
  The proportion of respondents saying the economy is getting worse jumped by 13 percentage points to 34%, its highest level since October 2013.
  The slump in consumer confidence threatens to stifle one of the economy's biggest drivers as Americans cut spending and fuel a demand slowdown.
  Visit the Business Insider homepage for more stories.
  US consumers' confidence
  
  Read more

• Uber surges 43% after its CEO says it has enough cash to get through the coronavirus pandemic (UBER)

  19-03-2020 17:34 via feedproxy.google.com
  Uber skyrocketed as much as 43% Thursday after CEO Dara Khosrowshahi said on a call with investors that the company is in a solid position to weather the coronavirus crisis. 
  Uber's balance sheet is "incredibly strong," he said, adding that at the end of February, Uber had $10 billion in unrestricted cash.
  While Uber's rides segment has declined 60% to 70%, Uber Eats has seen growth as people stay home, Khosrowshahi said. 
   Watch Uber trade live on Markets Insider.
  Read more on Bu
  
  Read more

• Uber says a coronavirus worst-case scenario could cost it up to $6 billion and rides could slump as much as 80% (UBER)

  19-03-2020 17:09 via feedproxy.google.com
  
  Uber has seen its rides business shrink up to 80% as the spreading coronavirus forces people to stay home. 
  The company is modeling up to a $6 billion hit in its worst-case scenario model, it said Thursday. 
  Executives said on a conference call that Uber Eats could help ease some of the pain as people order take out and delivery.
  Visit Business Insider's homepage for more stories.Uber is preparing for a worst-case scenario as the spreading coronavirus eats into its rides business and c
  
  Read more

• The global car industry shut down in less than a week as the coronavirus pandemic gripped the planet. This timeline reveals exactly how the unprecedented events unfolded. (GM, F, FCAU, TSLA)

  19-03-2020 17:06 via feedproxy.google.com
  
  As the coronavirus outbreak intensified in Europe and North America, the auto industry took the unprecedented step of shutting down factories on both sides of the Atlantic.
  The decisions moved forward at a staggeringly rapid pace. In the span of less than a week, the entire Western auto industry effectively ground to a halt.
  Carmakers had endured the Great Depression, two world wars, and the financial crisis, but they'd never dealt with anything like this.
  Visit Business Insider's homepage for m
  
  Read more

• A Republican senator just called for a 60-day national moratorium on housing and utility payments for people earning below $75,000

  19-03-2020 17:00 via feedproxy.google.com
  Sen. Rick Scott of Florida called for a two-month moratorium on housing and utility payments during the coronavirus crisis.
  "The people that need help the most are small businesses, hourly workers, people who rely on tips, and gig economy workers like Uber and Lyft drivers," Scott wrote in an op-ed for Fox Business.
  The Trump administration is proposing a $50 billion federal lifeline for the airline industry, which critics are attacking as a bailout of a sector that enjoyed lavish profits during
  
  Read more

• Americans are taking out cash like mad and bleeding ATMs dry. Here's why that's a bad idea.

  19-03-2020 16:57 via feedproxy.google.com
  Investors are stocking up on cash during the coronavirus pandemic, in some cases withdrawing thousands of dollars, The Wall Street Journal reported Wednesday. Large withdrawals have prompted banks and regulators to warn consumers that it's a bad idea to take out a lot of cash right now. Outside of a bank, it's more likely to be lost or stolen, according to the report. 
  It could also contribute to the spread of the coronavirus — "a single dollar bill can be home to as many as 3,00
  
  Read more

• Cloud software companies like Salesforce and Zoom have a more flexible business model that might help them withstand any possible recession, experts say (CRM, ZM)

  19-03-2020 16:29 via feedproxy.google.com
  
  Industry experts expect cloud software companies — like Salesforce, Zoom, or Slack — to be hit less hard than other parts of the tech industry in any possible recession.
  Their billing models are more flexible than many of their more old-school competitors, making life easier for existing customers to renew their contracts. And the software itself is crucial to how business gets done, dis-incentivizing customers from bouncing off.
  At the same time, one expert tells Business Insider th
  
  Read more

• 'The profits were too great to not harvest': Bond King Jeff Gundlach says he covered all his stock shorts for the first time in years amid coronavirus

  19-03-2020 16:12 via feedproxy.google.com
  "Bond King" Jeffrey Gundlach covered the last of his three stock shorts Wednesday afternoon, tweeting "the profits were just too great to not harvest, and the panic is palpable."
  The DoubleLine Capital CEO is not short any US stocks "for the first time in years," he added, even as coronavirus risks drag equities to three-year lows.
  Short-selling has been temporarily banned across several European nations as authorities look to curb financial market turmoil.
  Gundlach appeared on CNBC Tuesday, say
  
  Read more

• Why light and non-users need to be the focus of advertising

  19-03-2020 01:00
  
  Traditional assumptions about how and why users and non-users of a brand consume that brand’s advertising have been challenged by a new eye-tracking study comparing attention levels and recall among different consumer groups.
  
  Read more

• How Toys “R” Us Canada bounced back

  19-03-2020 01:00
  
  Toys “R” Us Canada, the toy retailer, offers several valuable lessons about how brands can respond to a time of crisis in effective ways.
  
  Read more

• How Nivea planned its strategic update

  19-03-2020 01:00
  
  Nivea Crème’s performance as a core product is key to owner Beiersdorf’s fortunes, and qualitative testing of an updated, more progressive brand strategy is designed to find new growth among younger audiences unfamiliar with the product.
  
  Read more

• General Mills' marketing strategy at time of COVID-19

  19-03-2020 01:00
  
  General Mills, the food manufacturer, is ensuring that its marketing strikes an “appropriate tone” in response to COVID-19, and believes that a continued media presence can provide a much-needed feeling of normality for consumers.
  
  Read more

• Disney+ set to launch in a receptive UK market

  19-03-2020 01:00
  
  As Disney+ prepares to launch in the UK next week, awareness of the streaming service is already high and it has added a distribution deal with mobile operator O2 to a multi-year partnership with Sky.
  
  Read more

• An opportunity for digital transformation

  19-03-2020 01:00
  
  The coronavirus epidemic has caused a short-term economic downturn, but there are also new opportunities for digital transformation that companies need to think through clearly to plan for their recoveries, a consultant says.
  
  Read more

Follow @sales_mrktinguk on Twitter!