Zendbox, a prominent provider of eCommerce fulfilment services, has revealed that offering later order cut-off times significantly boosts eCommerce conversion rates, customer loyalty, and revenue. Recent findings show that 35% of online orders are made between 4pm and 9pm, prompting the company to introduce a new 10pm order cut-off time. This move has enabled merchants to provide next-day delivery to more shoppers, resulting in a 15% average increase in conversion rates for its clients. James Khoury, the founder and CEO of Zendbox, stated: “After analysing the eCommerce SMEs, and major brands that work with us, we have discovered that merchants…
Business
Expend, a leading digital platform for business expense management, has announced a record uptake of their innovative product, Card Connect™. The company is the first in the UK to offer real-time processing of business expense data from Mastercard and Visa transaction feeds, directly integrated into its expense management platform. Revolutionising Expense Management with Instant Processing With Card Connect™, Expend clients can now benefit from instant expense settlement, simplifying financial processes and boosting operational efficiency. Johnny Vowles, CEO of Expend, emphasises the platform’s standout features: “Card Connect offers two key functionalities. It allows businesses to connect all their business cards to our…
Revolutionising AI Accessibility for SMBs Enreach, Europe’s leading provider of converged contact solutions, has officially launched the DialoX marketplace, designed to offer channel partners access to pre-configured conversational AI applications. This initiative aims to enhance operational efficiencies and reduce operating costs for small and medium-sized businesses (SMBs). The new marketplace builds upon Enreach’s existing DialoX platform, which allows partners to create custom AI solutions using low-code and no-code tools. This feature enables Enreach partners to deliver tailored conversational AI solutions that address their customers’ unique communication challenges, even without extensive expertise in AI. Key Features of the DialoX Platform At…
A new report has uncovered that just 34% of Black academics in the UK believe their workplace fosters an inclusive environment. The study, titled Unblocking the Pipeline: Supporting the Retention, Progression, and Promotion of Black Early-Career Academics, is a collaborative effort by the Society of Black Academics, the Higher Education Policy Institute (HEPI), and GatenbySanderson. Key Findings Highlight Inequality The research paints a concerning picture of the challenges Black early-career academics face in higher education. The report reveals that: Only 34% of Black academics feel their workplace is inclusive. Just 38% believe they receive adequate support for both mental and…
On September 26, the 2024 New Energy Industry Development Conference & Invest in Changzhou Summit commenced, attracting academicians, experts, business leaders, and financial institutions from around the world to discuss new energy sector growth and collaboration. Key Highlights and Investments The event marked significant progress for Changzhou, as 42 projects were signed, securing a total investment of 39.7 billion yuan, including nine foreign-funded initiatives worth 1.16 billion USD. In addition, provincial financial institutions agreed on key financing projects, with a credit total of 120 billion yuan. Changzhou, often recognized as “China’s Capital of New Energy,” continues to expand its new…
The 2nd Annual INNOVA Europe Competition held its Grand Finale today at STATION F in Paris, where students and young entrepreneurs from Europe’s leading business schools gathered to showcase their innovative solutions for global challenges. This year saw heightened competition as nine of the continent’s top schools participated, pushing entrepreneurial boundaries to create impactful, sustainable business ideas. Grand Finale Winners: Solar Optic and Reduco The Rising Stars category crowned Solar Optic from KSE Graduate Business School as the grand prize winner. Solar Optic, a groundbreaking technology that channels sunlight into buildings without electricity, won €20K in prize money, alongside a…
A leading provider of business protection and recovery solutions, reveals that more than three-quarters of senior IT professionals in the UK have experienced data loss due to system failures, human error, or cyberattacks within the past year. Despite this, many remain unsure about their data recovery capabilities, leading to concerns about a widespread “Titanic mindset” among UK businesses. The survey highlights that while 78% of IT leaders have faced data loss incidents in the past 12 months, only 54% are confident that their systems could recover effectively in the event of a future disaster. Alarmingly, one in four respondents expressed…
In recent years, digital transformation has emerged as a critical priority for C-suite executives. Many Chief Technology Officers (CTOs) now view digitalisation not just as a matter of process automation but as a strategic driver of business growth. Despite this evolving perspective, a new study by Akkodis, a global leader in digital engineering and Smart Industry, reveals that CTOs face significant challenges in realising this vision. The study highlights ongoing uncertainties, particularly around AI technologies, and reveals a gap between CTOs’ aspirations and corporate realities. Key Findings from the Study The report, titled “What CTOs Think: Navigating the Path to…
A Visionary Resort in the South Malé Atoll SH Hotels & Resorts, helmed by Barry Sternlicht, Chairman and CEO of Starwood Capital Group, has unveiled plans to launch the Baccarat Hotel & Residences Maldives in 2027. This groundbreaking project will span over 111 acres across five interconnected islands in the South Malé Atoll, promising an unparalleled level of luxury in one of the world’s most sought-after destinations. The development will set new standards for opulence and sophistication, integrating seamlessly into the pristine environment of the Maldives. A Fusion of Elegance and Modern Sophistication Barry Sternlicht shared his excitement about the…
The largest business coaching giveaway in history offers a life-changing opportunity for UK business owners In an extraordinary and bold move, ActionCOACH, the world leader in business growth coaching, has launched its most ambitious campaign yet: the £1 Million Giveaway. This landmark initiative is set to transform the lives of one lucky individual, while providing guaranteed business growth for 1,000 UK business owners through access to ActionCOACH’s world-class coaching support. This unprecedented giveaway presents one business owner with the chance to win a £1 million cash prize. Additionally, it offers an exciting incentive for business owners who introduce others to…