Have you thought of starting an eCommerce business but aren’t sure whether it’s worth it in 2022? This post will show you the Pros and cons of starting an eCommerce business in 2022.
As with starting any type of business, there are always positives and negatives. Still, virtual business models like eCommerce are growing in popularity due to the lower threshold of entry and the broader accessibility of the market.
Read on to discover the pros and cons of starting an eCommerce business and decide if it’s the right move for you.
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Pros
There are many good reasons to start an eCommerce business.
Easy to get started
It’s relatively to start an eCommerce business. You don’t need nearly as much startup capital as a brick-and-mortar store.
If you buy stock on demand, you won’t even have to build up a large inventory.
With an eCommerce store, you can find your products, build a website, do some marketing, and start selling.
Easier Marketing
With eCommerce, you can often get your customers’ information easily (just remember to ensure that your forms are secure).
You can offer discounts when customers sign up for your email list and gather emails when they place orders.
From there, you can advertise through email, which is highly effective. You can even retarget customers to remind them of products they viewed or recommend products.
Easy to scale
It’s much easier to grow an eCommerce business than a brick-and-mortar business. When you’re ready to expand, you can hire new employees, add more products, and ship to more places.
With a brick-and-mortar, you’ll have to invest much more to build and supply a new location.
Cons
Before starting an eCommerce business, you should consider the following factors.
Unless you offer something unique, you’ll also be up against Amazon, which dominates the market. It may take time to grow your business until it’s profitable.
Shipping
Managing shipping can be a pain, primarily if you ship internationally. You’ll be responsible for packing things up, making labels, and getting everything to the post office.
Alternatively, you can hire someone to take care of it, but it may be costly.
Some people prefer brick-and-mortar
Even though online shopping continues to grow in popularity, a large segment of the population still prefers brick-and-mortar stores.
Some people enjoy the experience of buying things in person, while others only accept certain types of items online.
To avoid these issues, you’ll have to offer something people can’t get anywhere else. Otherwise, you will compete with physical stores for the foreseeable future.
The Pros And Cons Of Starting An eCommerce Business: Frequently Asked Questions
Parting Thoughts
There are some risks associated with starting an eCommerce business, but if you have the motivation to put in the hard work and stick it out through the rough times, it’s still possible for you to be successful.
Put your focus into creating a unique, high-quality, useful product. Offer a fantastic customer experience and then work hard at marketing.
Before you know it, you may be the next successful eCommerce entrepreneur.
Cybersecurity researchers have issued a warning about a cunning tactic employed by the Zorab ransomware, where it masquerades as a decryptor for the STOP Djvu ransomware family.
This deceptive approach lures unsuspecting victims into further encryption, potentially doubling their data hostage situation.
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Zorab Ransomware: Key Information
Feature
Description
Initial Discovery
Late 2019
Original Function
Malware loader
Current Function
Data stealer targeting Microsoft Exchange servers
Deceptive Tactic
Masquerades as STOP Djvu decryptor
Impact
Encrypts files twice, doubling the damage and ransom demands
Patch vulnerabilities, update security software, be cautious of emails, implement MFA, educate employees, monitor systems, DO NOT download or use suspicious decryptor tools.
Resources
Cybersecurity news outlets and cybersecurity professionals
Zorab Ransomware Poses as STOP Djvu Decryptor, Doubles the Trouble for Victims
Zorab, initially discovered in 2019, has evolved from a malware loader to a full-fledged data stealer targeting sensitive information from Microsoft Exchange servers. Its latest trick involves posing as a solution for victims already suffering from STOP Djvu infections.
STOP Djvu, a notorious ransomware family, encrypts files and demands a ransom for decryption. While free decryptors exist for some variants, they’re not always effective. This vulnerability is exploited by Zorab, appearing as a beacon of hope for desperate victims.
“When someone infected with STOP Djvu searches online for a decryptor, they might stumble upon a seemingly legitimate-looking tool,” explains Michael Gillespie, a cybersecurity analyst and founder of Ransomware ID service.”
However, clicking on that download link could unleash Zorab, encrypting their already compromised files with a different key, essentially doubling the damage.”
The consequences of this double encryption are severe. Victims not only lose access to their files once, but twice, potentially multiplying the ransom demands and making recovery even more challenging.
Be wary of unsolicited decryption tools: If you’re infected with ransomware, only seek help from reputable sources like cybersecurity professionals or official decryption tools from trusted organizations.
Never click on suspicious links or attachments: Phishing emails often masquerade as helpful resources, including fake decryptors. Remain vigilant and avoid clicking on anything suspicious.
Backup your data regularly: Having a recent backup ensures you can restore your files even if they’re encrypted by ransomware.
Keep software updated: Patching vulnerabilities promptly minimizes the risk of falling prey to ransomware attacks.
Educate employees: Train your employees on cybersecurity best practices, including recognizing phishing attempts and the importance of data backups.
Zorab Ransomware: Frequently Asked Questions
What is Zorab ransomware and what does it do?
Zorab ransomware, initially discovered in 2019, has evolved from a malware loader to a data stealer targeting sensitive information from Microsoft Exchange servers. It steals credentials, domain certificates, and user information.
Recently, it has adopted a deceptive tactic, posing as a decryptor for the STOP Djvu ransomware family, tricking victims into further encryption and doubling the damage.
How does Zorab ransomware spread and infect devices?
The specific infection vectors are still under investigation, but Zorab likely employs various methods like phishing emails, infected attachments, and exploiting software vulnerabilities.
What are the signs of a Zorab ransomware infection?
If your files are encrypted and you see a ransom message demanding payment, it’s possible you’re infected. Additionally, if you unknowingly downloaded a fake decryptor for STOP Djvu ransomware, your files might be doubly encrypted by Zorab.
What should I do if I suspect a Zorab ransomware infection?
Act quickly! Isolate the affected system immediately, disconnect it from the network, and do not download or use any suspicious decryptor tools. Seek professional help from cybersecurity experts to assess the situation and guide you through the recovery process.
How can I protect myself from Zorab ransomware?
Here are some key steps:
Patch vulnerabilities: Ensure all systems, especially Microsoft Exchange servers, are updated with the latest security patches.
Update security software: Keep your antivirus and other security software up-to-date with the latest threat definitions against all forms of cyber threats.
Be cautious of emails and attachments: Don’t open suspicious emails or click on unknown links or attachments.
Implement multi-factor authentication (MFA): This adds an extra layer of security to logins, making it harder for attackers to gain access even if they steal credentials.
Educate employees: Train them on cybersecurity best practices, including phishing awareness and safe email handling.
Monitor your systems: Regularly monitor your systems for suspicious activity and investigate any potential threats promptly.
Backup your data regularly: Having a recent backup ensures you can restore your files even if they’re encrypted by ransomware.
Never download or use suspicious decryptor tools: These tools might be part of the attack and worsen the situation.
By staying informed and taking proactive measures, you can significantly reduce the risk of falling victim to ransomware scams like Zorab’s deceptive tactics.
Note that staying informed about evolving threats and taking proactive security measures is crucial for protecting your organization from ransomware attacks like Zorab.
Remember, if you suspect a ransomware infection, act quickly, isolate the affected device, and seek professional help to minimize the damage.
Business email compromise (BEC) is one of the most impactful techniques in the present-day con artists’ toolkit.
To execute this type of attack, cybercrooks hack or spoof an email account of an organization’s senior manager and send fake invoices on behalf of this trusted person to contractors or employees within the same company. The goal is to hoodwink the recipients into wiring money to the criminals.
This vector of cyber fraud has reached tremendous heights over time, eclipsing corporate data breaches and ransomware in damages.
According to the latest Internet Crime Report by the FBI, the reported losses over BEC scams amounted to $1.77 billion in 2019. For the record, that’s nearly half of last year’s total cybercrime losses.
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Gift Card Frauds On The Rise
Amidst this rampant social engineering epidemic, malicious actors are increasingly switching to a new rip-off tactic that might appear marginal at first sight. Unlike a classic BEC scenario where an impostor requests a wire transfer, the surging trend is to ask for gift cards instead.
This model has matured significantly during the past few years. As per the findings of email security provider Agari, it accounted for 65% of all business email compromise scams in Q3 2019.
This variant of the hoax mainly zeroes in on smaller organizations and nonprofits that aren’t very likely to have sophisticated anti-phishing mechanisms in place. The usual targets are town schools, healthcare facilities, churches, and charities.
The logic behind this stratagem is to impersonate a would-be victim’s boss or colleague and request a certain number of gift cards, stating that it’s supposed to be a surprise for a long-term supplier, an end-of-year bonus for personnel, or similar.
The crooks typically ask for Apple iTunes, Google Play, Amazon, or Steam Wallet gift cards. Sometimes, they request cards from stores like Walmart, Walgreens, Target, or CVS.
The self-proclaimed manager instructs the target to scratch out each card’s back and send out the codes. If those are digital cards, he’ll say he needs the screenshots of the codes.
To set this swindle in motion, scammers may mimic a staff member’s email address by adding a few hardly conspicuous characters. Email spoofing is a more effective technique that plays into the attackers’ hands, making the sender’s address look identical to the legitimate one. Sometimes, the criminals can infect a company’s servers with malware that steals email credentials.
Why Business Email CompromiseGift Cards?
Going the wire transfer route seems to make more sense from an attacker’s perspective because the requested amount can reach tens of thousands of dollars. In a gift card BEC scam, the sum usually ranges between $1,000 and $2,000.
However, the latter technique provides fraudsters with several game-changing advantages.
More victims – more money. The scope of targets isn’t limited to finance or HR employees who can initiate wire transfers. A much larger number of potential victims means that the crooks can rake in more money despite a relatively low success rate.
There is a low chance of exposure. Victims are unlikely to tell their co-workers about the fraudulent request until they realize they have been scammed. The reason is simple: if you are going to make a gift, you keep it secret.
Anonymity. Gift cards are nearly impossible to track down. Furthermore, these purchase transactions are irreversible, for the most part. It means the malefactors can resell or use them to buy goods without worrying about being caught.
Quick cash. The criminals don’t have to rely on intermediary services to receive fraudulent gains. This isn’t the case with wire transfers, where so-called “money mules” are recruited to launder ill-gotten funds through their bank accounts. Law enforcement agencies and financial institutions have become proficient in identifying and blocking these mule accounts. Gift card scammers skip this stage altogether.
Aside from the above benefits, there are several downsides of BEC frauds that piggyback on Apple iTunes and other types of gift cards. One of them is that crooks lose much of the card’s value when exchanging them for cryptocurrency as part of the laundering process.
Another drawback is that it’s challenging to defraud victims of more than a few thousand dollars worth of cards in a single attack.
The Cash-out Process
Once gift cards have been illegally obtained from an unsuspecting victim, the next thing on BEC scammers’ checklist is to convert them into fiat money. Researchers from the Agari mentioned above firm provide insights into this workflow based on the activity of a high-profile Nigerian cybercriminal group codenamed Scarlet Widow.
According to the analysts’ observations, the monetization chain revolves around a peer-to-peer marketplace called Paxful.
This US-based entity supports numerous payment channels for purchasing cryptocurrency, gift cards being among these methods. Notably, the exchange rate for iTunes gift cards on Paxful fluctuates between 40 and 80 cents for $1 worth of Bitcoin, so the felons lose a good deal of the original value.
After completing the transaction, the resulting cryptocurrency is deposited into a Paxful wallet. From there, it is forwarded to another exchange service called Remitano, which allows users to trade Bitcoin for regular currencies. Having negotiated the price with a buyer, the fraudsters get the funds via a bank transfer. From that moment on, they can safely withdraw the money from their bank account.
Seasoned business email compromise scammers can play this trick super-fast. In one episode, the Scarlet Widow crew reportedly duped an administrator at an Australian university into sending them $1,800 worth of iTunes gift cards. Agari researchers claim it took the con artists more than two hours to go through the cash-out chain.
How To Avoid Being Scammed?
The easiest and most effective way to steer clear of these scams is to confirm every request to purchase a gift card with the colleague who supposedly sent it. A quick phone call or an extra email to the contact in your address book will suffice to check whether the “do me a favour” thing is real.
Also, watch out for a few telltale signs of such an attack. The impostor will usually emphasize he is caught up in meetings all day and won’t be available on the phone. Also, the perpetrator will typically claim the issue is urgent to pressure the target. Another precaution is scrutinizing the sender’s email address for inaccuracies if you suspect the request might be fishy.
Although these symptoms are easy to identify, gift card scams continue to skyrocket, and this probably won’t change anytime soon. Under the circumstances, the importance of social engineering awareness training within organizations is hard to overestimate.
Your resume will be the most essential document in your job search. This is your only chance to introduce yourself to potential employers properly. The average time recruiters and hiring managers spend looking at resumes is six to seven minutes.
This means that it’s crucial to maximize every second. Strong resumes will help you stand out, while weak resumes could make hiring challenging.
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Expert Secrets To A Resume That Stands Out
It can be difficult for you to concisely describe all of your experience and qualifications on one page.
However, there are many ways that you can enhance your resume without being too formal that Skillhub’s resume writers are happy to share. Here are some resume-writing tips that will help you land a job.
#1 The brilliance of brevity
It is essential to keep your resume concise. Keep it up to one page unless you have an exceptional reason, such as a lengthy career or lots of work experience. It’s possible to learn a lot from that first job, but it’s not necessary to list every detail of your career.
Experts advise that only jobs from the last 10 to 15 years should be included. However, this period may be shorter if your experience is newer.
Your resume may look too busy if you include too many non-related work experiences. This can distract attention from your relevant qualifications. Your resume should focus on the most critical points and be clear and concise.
A resume that is the same for every job you apply to is not a good idea. Your resume should emphasize the job you are applying for. You should prioritize the relevant skills, qualifications, and experiences.
Select three to four past positions or experiences that best demonstrate the skills needed for the position you are applying. Employers value conciseness. You don’t have to list every position that you have held.
You could, for example, include your previous retail experience in a marketing job application. Also, list any communication, branding, or interpersonal skills you acquired while working in that role.
Don’t be afraid to show your work experience if you don’t have one directly related to the job. Consider the skills that you have and how they benefit the organization.
#3 Measurable Accomplishments
Using numbers when you describe your work history is a brilliant idea. You can use metrics to highlight your achievements and give the recruiter or hiring manager a clear picture of how you have impacted your previous job.
A sales representative may say they had “executed over 50 cold calls daily with an average conversion rate of 5%.”
Career experts advise job seekers to ditch the “objective statement” and include a brief summary of their career, known as a “career snapshot,” at the top.
Consider your career snapshot as a way to answer the question, “How would your work experience be described in one sentence?”. The summary allows you to summarize your most valuable and significant skills, experience, and assets.
#5 ATS-optimized Application
An applicant tracking system (ATS), which collects and scans resumes, can prevent a human hiring manager from even looking at an application that doesn’t meet the job criteria.
Your chances of getting through the first level will improve if your resume is tailored to the job.
One tip is to ensure that your resume includes keywords from the job description. Copy and paste the job description into a word-cloud generator. Then, make sure you include the most relevant terms in your resume.
A “core competency” or “areas for expertise” section can be added to your resume. This will list all your hard and soft skills and allow you to reiterate them when you bullet your experiences.
#6 Seeing the Big Picture
Hiring managers do not want to see a list of all your job duties. Your previous accomplishments are what they want. They need concrete examples to show you can make a difference in this position.
You can be more compelling to read about specific merits than your past experiences. Employers will be more interested in a particular example, such as “I reduced operating costs by 23% in six months,” than “I have thirty years of sales experience.”
In deciding which information to retain or delete from your resume, you should focus on striking abstract characteristics and qualifications instead of concrete, quantifiable outcomes.
The best resumes showcase the achievements and actions of job candidates. Employers are looking for people who can get the job done and take pride and joy in their work. Instead of listing all your qualifications, your resume should reflect your passion for your career.
Many hiring managers now screen candidates through social networks. Your profile links can be included on your resume to save them one step.
For those with a strong social presence, such as seasoned applicants, include URLs to your LinkedIn profile, Twitter account, or blog.
Your social media profiles can be a powerful tool to recruit for your position and experience as an expert in your field. But only if you use them correctly.
Go beyond job descriptions. Research industry publications, online forums, and competitor websites to identify relevant keywords used in your field.
Think like a recruiter. Consider what keywords they might use to search for someone with your skills and experience.
Don’t keyword stuff. Maintain a natural flow and avoid keyword oversaturation, which can appear forced and negatively impact your ATS ranking.
What’s the best way to quantify my achievements?
Focus on metrics that matter. Choose metrics relevant to the job you’re applying for. For example, a marketing professional might highlight increased website traffic or conversion rates, while a project manager might emphasize on-time project delivery or budget savings.
Be specific and honest. Don’t inflate numbers or make claims you can’t support. Be prepared to discuss your achievements further during the interview.
Go beyond basic numbers. Show the context and impact of your achievements. Explain how your actions led to the positive results you quantified.
How do I personalize my resume for each application?
Start with a template, but be flexible. Create a base resume template with your core information and skills. Then, adjust the content and wording for each specific job application.
Tailor your summary statement. Briefly highlight your skills and experience most relevant to the specific role.
Customize your work experience descriptions. Focus on projects and achievements directly related to the job requirements. Use relevant keywords from the job description throughout your resume.
To Wrap It Up
The primary purpose of a well-crafted resume is to communicate one’s qualifications and motivation. The former will ensure the company will profit from hiring you, and the latter will ensure you will give it all your effort.
Take the list above and use it the next time you apply for a significant opportunity to see how it works. Simply run through your application to make sure everything is in its proper place. Make the right impression on the hiring manager using expert resume-writing advice.
This post will show you the differences between CCPA and GDPR compliance.
CCPA and GDPR protect users’ rights, but how are they different? That’s what we’ll be exploring in this blog.
Read on to learn more about CCPA compliance and GDPR compliance, along with the critical differences between the two.
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What Is CCPA Compliance?
The California Consumer Privacy Act is a state-wide data privacy law implemented in 2020. The law regulates how organizations worldwide can handle the personal information and data of residents of California.
The California Privacy Rights Act (CPRA) came into effect at the start of 2023, extending and amending the CCPA. Ultimately, the CCPA gives users more control over their data. Because of this, many regulations impact how businesses collect and distribute private information (PI) collected by websites.
Users can contact the organization and request information about their data storage and usage, and the organization must comply with specific requests. The CCPA requires that companies comply with user requests involving:
Data being collected and stored
The reason that user data is being collected or sold
Third parties that access user data
The categories in which data is collected (for example, medical/ financial, etc.)
Users can request that their data be deleted – and they may also request to cease the sale of their data. They may also ask that they are not discriminated against for asking for information/ control regarding their data.
The General Data Protection Regulation (GDPR) is a European data protection law. GDPR gives individuals more control over their data collection, storage, and use. This means companies are required to consider their data privacy procedures.
GDPR replaces the Data Protection Directive (1995). It was drafted in 2016 and was required due to the increase in smartphones, tablets, and other devices. Ultimately, it changed the way that data is collected.
Despite it being a European regulation, it still impacts companies operating in the US. For example, if people in European countries visit their site or they have customers in the EU.
If an organization breaches GDPR, it can be fined between $10 million and $20 million, or up to 4% of its annual revenue. As well as receiving a hefty fine, the company’s reputation could also take a hit.
Now you understand GDPR and CCPA, let’s explore the core differences between the two.
The Law
One of the critical differences between CCPA and GDPR compliance is the law on each. Although both statutes aim to protect individuals’ data, GDPR has more detailed requirements for non-compliance. Likewise, a breach of GDPR compliance can have stricter penalties than a breach of CCPA compliance.
CCPA compliance is statutory law. Any violation of the CCPA can lead to a civil lawsuit in the state of California.
Transparency
The GDPR states that organizations must inform users how long their data will be stored. Likewise, users must be made aware that they have the right to withdraw consent at any time, along with instances where they share their data with other organizations.
With the CCPA, however, there is a 12-month look-back period. During this period, organizations must inform users of any time their information was collected and processed after 12 months. Third parties must also notify users when their data has been sold to another party.
Penalties
The penalties for breaching CCPA differ from the penalties for breaching GDPR compliance. Compared to CCPA fines, GDDPR fines are considerably higher.
Businesses found non-compliant with GDPR can be hit with a fine of up to $20 million or 4% of their annual turnover, depending on which is higher.
CCPA fines, however, are on the lighter side. The maximum fine for non-compliance can be £7,500 for intentional violations. For unintentional breaches, however, the fine is $2,500. There may be additional fines, such as damages in civil court – between $100 and $750.
Differences Between CCPA and GDPR Compliance
Feature
CCPA
GDPR
Location Applicability
Applies to businesses serving California residents, regardless of business location
This applies to businesses processing the personal data of EU residents, regardless of business location.
Data Scope
Covers “personal information,” which includes broader data than G DPR’s “personal data” (e.g., household data)
Covers “personal data,” excluding data used for personal or household activities
Legal Basis for Processing
There is no explicit requirement for a legal basis, but it focuses on transparency and individual rights.
Requires legal basis for processing, such as consent, contract, or legitimate interest
Right to Access
Consumers have the right to access and download their personal information
Individuals have the right to access, rectify, erase, and restrict the processing of their data
Right to Erasure
Consumers have the right to request the deletion of their personal information.
Individuals have the right to the erasure of their data under certain conditions.
Right to Opt-Out of Sale
Consumers have the right to opt out of selling their personal information.
Individuals have the right to object to processing for direct marketing purposes.
Data Breach Notification
Requires notification to California residents in case of certain data breaches
Requires notification to supervisory authorities and potentially individuals in case of data breaches
Enforcement
Enforced by California Attorney General
Enforced by EU member state supervisory authorities
Fines
Up to $2,500 per violation
Up to 4% of global annual turnover or €20 million, whichever is higher
In conclusion, CCPA and GDPR are important data privacy laws that protect users’ rights. However, the two laws have some critical differences, including the scope of application, transparency requirements, and penalties for non-compliance.
Businesses that collect, use, or share the personal data of individuals in the European Union or California should be aware of the requirements of both CCPA and GDPR.
By understanding the differences between these two laws, businesses can ensure that they comply with both and protect their users’ privacy.
Due to the recent work-from-home situation, eCommerce has become increasingly popular. People enjoy buying goods online in terms of time and cost-efficiency. The reality is that online shops provide more beneficial deals for customers because people running eCommerce don’t have to pay for rent, electricity, etc.
The biggest challenge lies in severe competition. You should create a unique and eye-catching ecommerce app design to attract new clients. Since this field is quickly evolving, recent trends appear all the time.
Even if you have been in the eCommerce business for quite a long time, you may need to change the website’s appearance.
Below is an inventory of the most popular design trends to keep your product abreast of the times and attract new customers. This information will be entirely beneficial for both business owners and web designers as well. I hope you will take our tips seriously.
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eCommerce Design Trends
1. Real-life textures
The fact that people enjoy buying things online doesn’t mean they don’t want to understand what they are purchasing. Textured backgrounds and real-like objects are trendy nowadays.
Your website should find the right balance between the digital and physical worlds. It will help establish trusting relations with the clients.
2. Improved filtering controls
Since online shopping has become increasingly popular, the number of offers has also increased. Sometimes, finding the product you need may be a big challenge.
To make your eCommerce more client-oriented, pay enough attention to search filters. However, such filters are not new; they will become even faster and easier to use.
Make sure your clients can opt for the most important aspects for them and view offers according to them. It can be price, the number of rave notices or delivered orders, popularity, etc.
3. Color palette
Some people underestimate the importance of colour palettes for making web design appealing. We will witness the popularity of neutral colours for eCommerce.
Bright and aggressive colours are believed to hamper long website browsing because they influence eyesight and particular brain parts. With the help of such colours as soft pink, blue, creamy, etc, professional designers can create unique layouts and styles.
Moreover, a range of illustrations are used to enhance such a palette. The variety of styles and techniques will take you aback! Luckily, you can easily find illustration examples and use them.
4. Creative layouts
Layouts stand for the structure of website information. Many people make use of design templates presented on e-commerce platforms. Such layouts are usually appealing and can satisfy the demands of online shop owners.
However, in terms of severe competition, such templates are no longer eye-catching. Your design must be creative and unique to attract and surprise new customers.
You can use 3D animations, gifs, unconventional geometric forms, and different attractive elements to make your website stand out.
To keep abreast of the times, make use of technological wonders! With the help of artificial intelligence, you can improve the quality of your eCommerce services.
Voice search will boost the popularity of your eCommerce platform because people highly appreciate functions that can save them time and effort. Customers can make requests in complete sentences thanks to the voice user interface. To make it possible, several keywords and content should be integrated.
6. Smartphone friendly
Nowadays, people tend to browse the Internet with the help of their mobile phones. Due to this, your website must quickly adapt to a small screen without sacrificing quality and performance. Ensure the interface of a smartphone version of the website resembles a mobile app.
In such a way, Internet users will quickly understand how to use your services. The colour of textures, size of buttons, and pictures should be worked out in the most minor details.
7. Loading time
Last but not least is the loading time of all website elements. It would be best to make your eCommerce platform entertaining and sophisticated without sacrificing the loading time.
If you make your customers wait, they quickly get irritated and skip to other eCommerce providers.
What were some of the most prominent eCommerce design trends in 2022?
Several key trends emerged in 2022, focusing on enhancing user experience, building trust, and driving conversions:
Personalization: Tailoring product recommendations, offers, and content to individual customer preferences.
Immersive experiences: Utilizing 360° product views, augmented reality (AR), and virtual reality (VR) to enhance product visualization.
Minimalism and clean design: Simple layouts, white space, and clear navigation prioritising user-friendliness.
Microinteractions: Subtle animations and interactive elements to engage users and improve product understanding.
Conversational interfaces: Chatbots and voice assistants offering personalized support and product recommendations.
Social proof and user-generated content (UGC): Integrating customer reviews, social media feeds, and influencer testimonials to build trust and authenticity.
Sustainability-focused design: Eco-friendly themes, packaging information, and carbon footprint transparency resonating with environmentally conscious consumers.
How relevant are these trends today (in February 2024)?
Many of these trends remain relevant and are likely to continue evolving in 2024. Personalization, immersive experiences, minimalism, and user-friendly design remain crucial for user experience and engagement.
New technologies like AI and chatbots continuously develop, enhancing personalization and customer interactions. Additionally, ethical and sustainable practices are becoming increasingly important for consumers, making sustainability-focused design an ongoing trend.
Are there any new trends emerging in eCommerce design for 2024?
While building upon existing trends, some newer developments are gaining traction:
Metaverse integration: Exploring integration with the metaverse, potentially offering virtual stores and product experiences.
Live commerce and interactive shopping: Livestream events with product demonstrations and real-time interaction are gaining popularity.
Voice search optimization: Optimizing websites for voice search as voice assistants becomes more prominent.
Accessibility focus: Ensuring inclusive design experiences for users with disabilities is becoming increasingly important.
Drawing Conclusions
If you want your eCommerce platform to flourish, you should develop a unique web design. Be creative and innovative.
Don’t be afraid to use unconventional forms, layouts, and figures. Ensure your website is client-oriented and meets all the online buyers’ requirements.
Here is the MANA price prediction for 2022 to 2024…
MANA, or Decentraland game token, is one of the booming play-to-earn (P2E) games that allow players to get rewards in cryptocurrency by simply playing games.
In Decentraland, gamers use MANA token to purchase different game items at the native marketplace. MANA is also vital for managing collections and parcels of LAND, otherwise known as ‘districts’. At https://letsexchange.io/ anyone can see the real-time MANA’s price.
Since 2021, MANA has experienced a massive increase in price and made it to the top game cryptocurrencies, but the interest in the token remains. But before actually investing, it is crucial to have a clear picture of what we can anticipate from this token this year and in several years to come.
So, if you’re searching for answers to questions like ‘Will MANA value grow?’ and ‘Should you pool money in P2E currencies and invest in Decentraland token?’, read on!
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What Will Happen To MANA Coin In 2022?
Originally, MANA began trading at $0,02 and has quickly grown to $1 in 2021, following a range of drops during 2018-2019. Spring 2021 was successful for the coin, with the value increasing to $1,5 in April. However, the real shock took place when, in October, it jumped to $3,5. The all-time high is fixed at the level of $5,9 in the autumn of the same year.
So, what can we wait for in 2022 regarding this coin? Most experts conclude that this year, the token will slowly grow in value. For example, Coin Quora claims the price will range from $3,8 to $5 in the first half of the year. The optimistic forecast says that investors can expect it to jump to the $5,2 price. Other sources say that 2022 will be the year of breakthrough for the coin, and the trend is likely to continue later.
MANA Price Forecast 2023
The more extended forecast for the token includes many up-and-down moves, including its drop to $4 at the beginning of 2023 and numerous price fluctuations in the middle.
However, other sources, such as Digital Coin Price, say that in 2023, we can see excellent price performance, which can even reach $9-$10. This gives hope to anyone already investing their time in the P2E industry and using MANA tokens.
To make things simpler, we can generalize a little and say that coins with features similar to MANA will see a boom in 2023, and investors will be likely to buy the Decentraland token as the popularity of the game grows.
What Is MANA’s Price Going To Be In 2024?
The thriving conditions at the market for MANA in 2023 are said to be followed by a down trend, with the coin’s price dropping as low as $4,9 to $7. Short forecast professionals claim that it could stay at the level of $10-$11, while experts at long price prediction give a more optimistic prognosis: nearly $30 per coin. Every cost within this price range will be considered a positive result, signalling that the conditions are suitable to allow people to invest in MANA.
Still, the end of 2024 won’t be a perfect time to invest as the price is going to drop again and make approximately $20 going on $25 in best cases.
MANA (Decentraland) Price Prediction for 2024 – 2030: A Look into the Metaverse
Predicting the future price of any cryptocurrency is inherently challenging due to the volatile nature of the market and the numerous factors that can influence it.
However, based on current trends, available data, and expert opinions, here’s a potential outlook on MANA’s price for the next few years:
2024:
Short-term: MANA’s price could experience fluctuations in the short term due to various factors like market sentiment, platform development updates, and broader industry trends.
Medium-term: If Decentraland continues to attract users and developers, leading to increased adoption and economic activity, MANA’s price could see moderate growth throughout 2024.
Long-term: The success of Decentraland and the broader metaverse concept will significantly influence MANA’s long-term price. If the metaverse gains mainstream adoption, MANA could see significant price appreciation in the latter half of 2024.
2025-2030:
Predicting price movements for this timeframe becomes more challenging due to the increasing number of variables.
Continued growth and adoption of Decentraland and the metaverse could fuel further price increases for MANA.
Regulatory changes, technological advancements, and competition from other metaverse projects could impact the price positively or negatively.
MANA (Decentraland): Frequently Asked Questions
What is MANA used for?
MANA is the native token of the Decentraland platform, serving several key functions:
Purchasing LAND: Users can buy parcels of virtual land (LAND) with MANA, gaining ownership and the ability to build experiences on them.
Marketplace transactions: MANA is the primary currency for buying and selling various items in the Decentraland marketplace, including avatars, wearables, names, and other digital assets.
Voting and governance: MANA holders can participate in Decentraland’s governance process by voting on proposals and shaping the platform’s future. Currently, MANA can be wrapped into wMANA which allows for voting within the Decentraland DAO.
Rewarding contributions: Users can earn MANA as rewards for contributing to the platform, such as creating and hosting experiences, participating in contests, or reporting bugs.
How can I buy MANA?
MANA can be purchased on various cryptocurrency exchanges like Binance, Coinbase, and Kraken. Before buying, research and choose a reputable exchange that aligns with your needs and security preferences.
Is MANA a good investment?
Investing in any cryptocurrency involves inherent risks, and there is no guaranteed return on investment. MANA’s future value depends on several factors, including the success of Decentraland, the wider metaverse adoption, and market conditions. Do your own research, understand the risks, and only invest what you can afford to lose.
What are the future prospects of MANA?
Predicting the future price of any cryptocurrency is challenging. However, if Decentraland and the metaverse gain mainstream adoption, MANA could see significant price appreciation.
Conversely, regulatory changes, technological advancements, and competition from other metaverse projects could impact the price negatively. Stay informed about the platform’s development and industry trends to make informed decisions.
When it comes to alternatives to MANA, there are several exciting options in the metaverse space, each offering unique functionalities and potentials.
Here are a few MANA alternatives:
SAND (The Sandbox): Similar to MANA, SAND is the native token of The Sandbox, another popular virtual world platform. Users can buy LAND parcels, create voxel-based games and experiences, and participate in a thriving NFT ecosystem.
AXS (Axie Infinity): AXS fuels the play-to-earn economy within Axie Infinity, a blockchain-based game built around collecting and battling adorable creatures called Axies. Governance, breeding, and marketplace transactions all involve AXS.
ENJ (Enjin Coin): ENJ plays a crucial role in Enjin’s metaverse creation platform, enabling users to tokenize game items, build virtual worlds, and integrate seamlessly with other blockchain projects.
STAR Atlas (ATLAS): This token powers STAR Atlas, an ambitious space-themed metaverse with play-to-earn mechanics, spaceship building, and exploration elements.
RFOX VALT (VLT): This token fuels RFOX VALT, a virtual world designed for immersive social experiences, concerts, and events. Users can own LAND, create spaces, and participate in the platform’s governance.
MANA (Decentraland) Decentralized Autonomous Organization (DAO): While not technically an alternative token, consider wrapped MANA (wMANA), which lets you participate in Decentraland’s DAO voting without selling your MANA.
Conclusion
If you are eager to find out the forecast for MANA for a more extended period in the future, such as for nearly a decade, be ready that this kind of technical analysis isn’t easy to do, and the results can be pretty distorted or lack accuracy.
However, feel free to check out MANA coin price prediction 2030 at the reliable cryptocurrency information blog at LetsExchange.io.
At the platform, you will also see helpful price charts, real-time changes in the crypto market, sound advice on digital asset management and investment, and a calculator tool to help you find out the profitability of your trades and exchanges.
Disclaimer: Remember, investing in cryptocurrencies requires careful consideration and a thorough understanding of the risks involved. This information is not financial advice, and you should always conduct your own research before making any investment decisions.
This post will show you the security considerations for the Internet Of Things (IoT). Plus, there are five ways to secure IoT in your enterprise.
The overall market value for the Internet of Things is expected to reach a whopping $1.11 trillion in the next five years. We could expect as many as 21.5 billion IoT devices to be actively connected and ‘talking’ to each other by 2025.
It’s painful even to imagine the amount of data generated by each and the sheer computing prowess necessary to continually collect, exchange, analyze, and extrapolate this data for real-time usage.
This data will form the basis of everything from fuelling business decisions and understanding consumer behavior to pivoting marketing strategies, ensuring the safety of people in a workplace, and choosing which latte or traffic route to take in the morning.
However, the sheer rate at which the devices expand makes it highly challenging for enterprises to maintain control, manage efficiently, and keep the devices secure.
These devices offer a huge attack vector for hackers waiting to exploit the vulnerabilities. In a recent survey, 76% of cybersecurity risk professionals admitted that the Internet of Things leaves them wide open for cyber-attacks.
Table of Contents
Importance of Securing the Internet of Things Devices
In its essence, the Internet of Things is comprised of not just humans but billions of IoT devices talking to each other using the Internet autonomously to fulfill their specific functions. Do you use IoT-powered motion sensor-based lighting solutions or smart locks at home?
If so, they need to process the captured motion data within the fraction of a second it takes you to take a step and decide whether to keep the lights on or switch them off. That entire lightning-fast processing of data happens through the Internet.
Of course, that’s only a fundamental example of IoT functionality. True IoT is capable of running entire factory floors, with its evolving complexities, autonomously.
IoT represents a degree of autonomy and convenience that’s incredibly attractive for consumers (enterprise and public). This is driving widespread adoption much faster than the technology can mature before the devices can be adequately equipped with the required safety standards.
The resulting situation has been confusion and challenges arising from a lack of user awareness, inconsistent product standards, and poor product maintenance and updates scope. These give rise to various difficulties with specific operational IoT issues and vulnerabilities.
While IoT devices may captivate us with ingenuity, they lack complex security protocols and strong defensive capabilities. Low power and lack of computational capability, update mechanism, etc., make them a ripe target for malware attacks.
5 Ways To Secure IoT In Your Enterprise
1. Employ device discovery for visibility across the board
Part of the problem that makes IoT management unnecessarily complex is the lack of a direct line of sight into all the devices connected to an enterprise’s network. To remedy this, try to make a complete inventory of all devices connected to your network, categorize them, and keep the inventory updated.
Ideally, it would be best to try to manage the devices with a dedicated IoT security solution to authenticate and identify all devices. It would be best if you tried to keep stock of the manufacturer and model ID, the serial number, hardware, software, and firmware versions, and operating systems and configuration of each device.
You could also try to fully understand each device’s risk profile and connectedness with other network devices. These could be very helpful in installing and running advanced firewall protocols.
2. Actively Monitor IoT Devices
You should monitor, report, and alert all your IoT devices in real-time to manage risks. Please remember that regular endpoint security solutions require software agents that run fine on all your endpoints and may not be compatible with low-powered IoT devices.
This is why a real-time monitoring solution for all your network-connected IoT endpoints makes more sense to integrate with your existing security solutions. IT Support could be a good place to start looking for the best monitoring solution suited to your business needs.
3. Carefully configure your router
Your Wi-Fi router is the central connection to all your devices. Unauthorized access to your router can render all your devices vulnerable.
To prevent this from happening, try to personalize the name of your router and maintain pristine hygiene for login credentials.
Get rid of all personal identifiers in these. It would be best to use high-level encryption, such as WPA2, so your data and connections stay secure.
4. Adopt Secure Password Practices
Inadequate password hygiene continues to be responsible for most of our current attacks. Ensuring maximum password hygiene is necessary for all enterprises, especially the ones with numerous IoT endpoints.
Preset passwords on these devices are weak, and businesses should take care to change them the minute a new device is connected to their network. Please ensure the new password follows established enterprise IT security and password policies.
5. Keep an eye on vendor & supplier IoT practices
With supply chain attacks on the rise, enterprises can no longer turn a blind way toward the security practices of their vendors, suppliers, and even developers you might want to engage.
Suppose they come on board your network with weak security management and policies. In that case, it makes your entire network as vulnerable as theirs – despite all you could have done over the years to shore up your enterprise defenses.
You could be risking your company and consumers to risks without even perceiving them. It’s best to have strict vendor security standards and management policies in place and to ensure that all your existing and future vendors adhere strictly to them.
Monitoring and controlling vendor practices, especially concerning IoT, is a highly challenging but necessary task, given the complexities involved in managing multiple IoT platforms and the sheer number of vendors involved.
Conclusion
If securing all your IoT devices proves too difficult to implement in-house, consider contacting Cloud Services Company for third-party expertise.
These vendors specialize in IoT security management for enterprises and should be able to guide you effectively in ensuring security for all IoT endpoints at manageable costs.
In this post, I will show you 10 reasons why project management is vital to organizations.
You’re missing out on chances for exponential growth and optimized efficiency if you don’t have active protocols for project management. Project management is the secret sauce of successful businesses that continuously excel and stay afloat.
In fact, you can streamline your project management activities by utilizing project management apps like WorkSavi.
If you have yet to deploy project management protocols and you’re still clueless as to how essential it is, read on. We talked to experts and gathered ten top reasons why project management is vital to any organization.
10 Reasons Why Project Management Is Vital to Organizations
Reason #1: Leadership
Any successful venture needs a leader. Operating without a project management protocol is choosing to operate without a clear leader. A leader is important because he or she guides each project and team member every step of the way. A leader clearly delineates everything that needs to be done in the manner and schedule that is necessary.
According to Luke Lee, the CEO of Palaleather, “Placing a proficient leader who knows the cuts-and-ends of Project Management will ensure that milestones will be achieved in the soonest possible time as they are the ones steering the wheel that includes the team towards a targeted direction.”
Without a leader, it’s impossible to motivate each and every team member to come up with their best work. This is something that a project manager undertakes. This is something that your company will easily attain if you’d have a designated project manager who follows structured project management protocols.
Project management is potent in making all goals a reality because it allows people to realign and refocus on one goal at all times. With a project manager, you have someone dedicated to checking on all team members and tasks every single day.
Success is always at hand because you have someone who will always work to have it achieved in the quickest and most efficient way possible – every single day. Working as-is without a project manager is effective and provides results.
However, working with one is simply fantastic as you have someone who’s dedicated to ensuring that all necessary work gets done. With a project manager, you can be sure that no time and effort is ever wasted.
Project management is a critical skill in today’s competitive business landscape. Efficiently planning, executing, and controlling projects can make the difference between success and failure. If you’re looking to enhance your project management skills and open up new career opportunities, consider enrolling in PMP Training.
PMP (Project Management Professional) certification is globally recognized and demonstrates your expertise in project management best practices. It equips you with the tools and knowledge to excel in the field and take your career to the next level.
Reason #3: Achievable Goal Planning
Project management is effective in organizing a team to effectively aim for success because, with it, you have someone who can talk to your team eye-to-eye.
A project manager can sit with each team member and inquire as to their capacity and ability to finish a task. The problem with old team set-ups is that tasks are given without consideration of other people’s time, capacity, and ability.
With a structured project management protocol, all team members are heard. They get to do tasks in a manner that is most effective and efficient because they are heard by project managers who also carefully consider their needs. Hence, all goals become achievable and realistic.
Reason #4: Solid Focus
It’s impossible to be successful at any project if there is no focus. This is one of the main reasons why most projects and companies fail — people aren’t focused enough. This ceases to be a problem if you have a project manager.
A project manager will work on making sure that everyone knows what they need to do and how they need to do it. He or she will always dedicate time to check in on members and teams to ensure that all have the same end picture in mind. A project manager ensures that all teams and team members are focused at all times.
Reason #5: Risk Management
A structured project management protocol ensures that all known issues are dealt with even before they become actual problems. A project manager is aware of all known processes and ensures the smooth flow of all active tasks. With a project manager, you have someone who does daily troubleshooting to avoid delays and problems.
With a good project management system in place, your team won’t have to be shocked whenever an issue arises. This is because you will be fully prepared at all times. A project manager can detect issues even before they happen.
Reason #6: Quality Control
Project managers ensure that what needs to be done gets done in:
the best way possible
the best time possible
Success eludes teams that get the job done but not in the manner hoped for. There is always a standard for everything and a project manager will always ensure that all tasks get done within the set standard. This lock-tight system ensures the provision of the best level and quality of work. This can seem complicated and overwhelming but it is something that can be easily done with the help of project management apps likeWorkSavi.
Reason #7: Continuous Tracking
A project manager is someone who will spend working hours checking on the status of each and every active task. With this level of monitoring in place, all team members will be on their toes as they are fully aware that their tasks and projects are thoroughly monitored.
Reason #8: Organized Process
You will never miss a step if you have a good project management structure in place. This is because a project manager will always provide a clear list of all the steps that need to be done to complete a project. Your team will always be guided and re-aligned. With such a set-up, it’s impossible to not succeed.
Reason #9: Expert Eye
A project manager knows all tasks and steps like the back of their hand. As they are well-aware of everything that needs to be done and every party that needs to deliver in order to execute goals, they can easily see if something is off or fishy. They can instantly zone in on all issues to see if things are taking place the way they should. They will always be 10-steps ahead so they can always prevent things from going south.
Reason #10: Learning from Hits and Misses
All project managers know that the beginning is always hard and that no team is perfect. This is basically the reason why they exist. As working towards a goal is real work, they are the ones tasked to take note of all the successes and failures. With access to such data, they can empower the whole team to push through in such a way that errors are avoided and wins are doubled.
A Final Word
There you have them! 10 reasons why project management is vital to an organization.
