Wednesday July 22, New York moved to raise its minimum wage for fast-food chain restaurants employees to $15 per hour by the end of 2018 for New York City, and state-wide by 2021. This is more than 70 percent earning raise. Previously minimum wage employees earned $8.75, in addition to fast-food chain employees Mayor DeBlasio has proposed the $15 minimum wage for all industries in New York City.
New York City is one of the most expensive cities in the world to live in. According to the New York Times it’s the fourth most expensive city in the world, with London following in third and Los Angels residing as the tenth. Surviving off of $8.75/hr in New York city is nearly impossible.
In the Game of Thrones of online retailers, Warby Parker takes the crown. Warby Parker is an eyeglass company, where purchasers visit their website to pick the frames for their prescription, or non-prescription lenses. The online shopping experience that Warby Parker is able to deliver should be a model for any digital retailer. In addition to a great web experience, the company sends customers five different pairs of glasses to try out and sample for five days. Try before you buy; if only every site was so accommodating! Now, of course not every business can be Warby Parker, but retailers can use them as an inspirational example of a successful web-based business.
One of the easiest ways to market your company is by email. Sending out newsletters, promotions, holiday cards, etc.
The great thing about creating an internal company email list is that you own the contents. In contrast, your social media content is owned by social media sites. That is why it’s important to curate your own list of email contacts of potential and current clients.
Generating an email marketing list is quite simple. The key is to build your list from the connections you already have.
While the clock is ticking down toward the October 2015 EMV liability shift, an increasing number of analysts are questioning whether the majority of U.S. merchants will convert by that deadline, or at all.
According to reports in Banking Info Security, though the forthcoming shift will mean that issuers or merchant that do not support EMV will assume liability for fraud that is the result of a compromised mag-stripe card transaction after October of next year, that potential cost alone is not acting as a significant enough motivator, particularly for small banks and retailers.
Last month, First Data announced the launch of Clover Mini, the newest member of the Clover family of products. The Mini rethinks the payment terminal, giving business owners an “all-in-one” solution to help streamline operations, expand business and customer intelligence, and improve overall customer experience, all while securely processing payments with the very latest technologies available.
Clover Mini’s specs are impressive; the device includes an integrated magnetic stripe reader, EMV Card “dip”, built-in NFC (for Apple Pay, Android Pay, Samsung Pay), front-facing camera, audio jack, SIM Card slot, and integrated thermal printer. Businesses can connect the Mini to their infrastructure through WiFi, 3G Mobile Data, or even Ethernet.
When Twitter first launched, it was mainly used as a place to simply share what’s on your mind and follow those of your interest to see what’s on theirs. After many years of evolving into one of the largest social media platforms, Twitter has decided to make some drastic changes.
To take your business to the next level, a website is key. There are a lot of things that go into a great website, the most important is its domain name. The domain name is the part of a website’s network address that identifies the site. It is important that your URL matches up with your business.
The most ideal domain name would be the name of your business and “.com” However, as the internet continues to grow, simple .com domains are becoming increasingly limited. While a .com top-level domain is ideal, there are now many other options for a successful web address.
Big news, we’ve teamed up Google to help grow your organization’s online footprint.
As a certified Google Partner, Newtek has been authorized to provide you with a $100 AdWords voucher so you can experience the benefits of advertising your business with Google firsthand.
What is AdWords?
AdWords is an innovative, pay-per-click, online advertising tool. With AdWords, you’re given the keys to Google’s most prominent digital real estate space – in the sponsored links section of Google.com, as well as YouTube, and a wide range of additional partner networks – to advertise your business. We love AdWords because it’s affordable, easy to use, and impactful.
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Try Google AdWords for FREE, $100 Introductory Offer
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It’s safe to say that cloud computing is the next “big thing.” Cloud computing is the storing and accessing of data and programs through the internet, rather than through physical means such as hard drives. Basically, the cloud is just a fancy term for services accessed over the internet. Forbes Magazine stated that, “55% of enterprises predict cloud computing will enable new business models in three years.” With that being said, it is expected that a large amount of enterprises will be making moderate-to-heavy cloud investments in the near future as they transition into full reliance on cloud technologies. Many are depending on the cloud to launch new business models, help streamline their supply chains, and provide applications and platforms to better manage and analyze data.
American Express’ co-branding and merchant acceptance agreements with the popular wholesale retailer Costco were not renewed in February 2015. Costco has decided to partner with Visa for their preferred Card Network, and signed Citigroup as the issuer of the co-branded cards. The change-over is scheduled for March 2016.
While merchants and co-branding partners often transition, this breakup is poised to leave a large wound with American Express. Such co-brands are established to build loyalty among specific types of customers. Cardholders often receive extra perks when the use the co-branded cards, while card companies and the merchant typically see higher levels of spending on those cards. Most of such deals, however, don’t require merchants to exclusively accept those cards, as is the case with Costco and American Express.
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Costco Breaks Up with American Express – What’s Next for Amex?
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