Karachi, Pakistan, February 05, 2021 ………Pakistan has a large labour force that stands among the top 10 largest labour forces in the world, and it’s growing day by day. To create adequate employment opportunities for them is a huge challenge. On the other hand, employers frequently keep saying that they are unable to find workers with the appropriate skills necessary for their businesses. This obviously shows that there is a mismatch between the demand and supply of skills.
The International Labor Organization (ILO) has shown that skills development can play a major role in the alleviation of poverty, when carefully planned and implemented in the context of the available and emerging employment and income-generation opportunities. This multiplies many folds when the skills are acquired in the digital spheres. It not only widens the work opportunities but also opens up avenues for entrepreneurial ventures as well.
Extreme Commerce, Pakistan’s largest and renowned E-Commerce capacity building platform has excelled in its mission of making Pakistan a hub of entrepreneurial opportunities. Under the guidance of Sunny Ali, thousands of aspiring individuals from Pakistan have successfully initiated global e-commerce businesses.
Extreme Commerce, Pakistan’s largest e-commerce skill development and the entrepreneurial platform has achieved yet another milestone with the expansion of 100+ skills training courses through the “Video Boot Camp (VBC).” The Video Boot Camp includes virtual sessions and videos encompassing around 100 essential e-commerce and digital skills required to excel in the spheres of online businesses. The Video Boot Camp training program is specifically tailored to facilitate the budding entrepreneurs and businessmen and freelancers.
According to Ali, “E-commerce has skyrocketed after the pandemic and is estimated to grow to a whopping $4.3 trillion within this year.” He further adds, “There is a huge potential for growth in eCommerce both domestic and international, and that is why Extreme Commerce has pledged to enable people to bring at least an additional $1 billion each year into the Pakistani economy through E-Commerce skills by 2025.”
The Video Boot Camp includes over a 100 plus income generating E-Commerce skills (income streams) which an entrepreneur needs to skyrocket their businesses. Some skills offered through the VBC include: Selling through Fulfillment by Amazon (FBA) model, Virtual Assistant and FBA Freelancing, online store management of international and local E-Commerce marketplaces, bookkeeping account management services, digital and social media marketing, content writing and graphic designing, 3D designing & modelling, data science and analytics and more.
This initiative of Extreme Commerce will be immensely fruitful in helping their trainees become leading entrepreneurs of the country. Ali, contented with his vision states, “At Extreme Commerce, we offer a multitude of digital skills that are categorized into 100+ courses/income streams under the umbrella of Video Boot Camp (VBC 2021). These skills are pivotal to reducing unemployment and enhancing the capital of our country.” Sharing his focus and goals, he adds, “Skills that actually help you succeed as an online freelancer and even in the real-life environment plus increase your income thereby, are our prime focus right now.”
Earlier, Extreme Commerce and Mishal Pakistan, the Country Partner Institute of the World Economic Forum had signed a partnership to mainstream e-commerce in Pakistan, this includes capacity building initiatives for the media and industry players, including trainings, seminars and workshops.
The government of Pakistan has estimated digital skills global industry, often referred to as online outsourcing, is expected to generate gross service revenue between $15 billion and $25 billion in 2021.
10 Best Tips to Set up your Shopify, Amazon, and Etsy Stores to Succeed as a Seller
Today’s Era is the age of Digital Platforms and Marketplaces World Wide. Online marketplaces like Shopify, Amazon, and Etsy have made it easier than ever for entrepreneurs and beginners to start their online businesses. However, with so many sellers vying for the attention of customers, it can be challenging to stand out from the crowd. This guide will provide you with the top 10 tips to set up your Shopify, Amazon, and Etsy stores to succeed as a seller. Whether you’re a beginner or an experienced entrepreneur, these tips will help you create a successful online business.
- Choose the right platform: Select the platform that best suits your business needs. Shopify, Amazon, and Etsy are popular choices for online sellers.
- Create a professional store: A professional-looking store is essential to attract customers. Use high-quality images and write clear product descriptions. Make sure your store is easy to navigate and has a clean design.
- Optimize your product listings: Use relevant keywords in your product titles and descriptions to improve your search rankings. Make sure your product descriptions are detailed and accurate.
- Offer competitive pricing: Research your competitors’ prices and offer competitive pricing to attract customers. Consider offering discounts or promotions to encourage customers to make a purchase.
- Provide excellent customer service: Respond to customer inquiries promptly and provide excellent customer service to build customer loyalty. Ensure your customers are satisfied with their purchases and address any issues they may have.
- Use social media: Promote your store on social media platforms like Facebook, Instagram, and Twitter to reach a wider audience. Share high-quality images of your products and engage with your followers.
- Offer free shipping: Consider offering free shipping to attract more customers. You can also offer free shipping for orders over a certain amount.
- Run promotions and discounts: Offer promotions and discounts to encourage customers to make a purchase. You can offer discounts for first-time customers or customers who refer their friends.
- Track your sales and analytics: Use analytics tools to track your sales and monitor your store’s performance. This will help you identify areas where you can improve and make data-driven decisions.
- Stay up-to-date with industry trends: Keep up-to-date with the latest industry trends and adjust your strategy accordingly. Attend industry events and conferences, read industry publications, and network with other sellers.
Setting up a successful online business requires careful planning and execution. By following these 10 tips, you can set up your Shopify, Amazon, and Etsy stores to succeed as a seller. Remember to choose the right platform, create a professional store, optimize your product listings, offer competitive pricing, provide excellent customer service, use social media, offer free shipping, run promotions and discounts, track your sales and analytics, and stay up-to-date with industry trends. With these tips, you’ll be well on your way to creating a successful online business. Good luck!
Riding the Tech Wave: S&P 500 Hits a Record High
Introduction: The Bullish Surge
In a surprising turn of events, the S&P 500 has once again shattered records, propelled by a formidable rally in the technology sector. Investors and analysts are taking notice of the remarkable ascent, as the index rides the wave of innovation and resilience. Let’s delve into the factors driving this surge and what it means for the broader market.
The Tech Frenzy: A Driving Force
Unraveling the Tech Rally
The backbone of this unprecedented climb is undeniably the relentless rally in technology stocks. Companies at the forefront of innovation, from Silicon Valley giants to emerging disruptors, have been key contributors. As the digital landscape continues to evolve, investors are placing their bets on the firms shaping the future.
The global pandemic acted as an unexpected accelerator for technology adoption. Remote work, e-commerce, and digital transformation became the norm, boosting the prospects of tech companies. The S&P 500 reflects this societal shift, with tech stocks leading the charge as the world adapts to a more digitally connected future.
Resilience Amid Uncertainty: A Market Perspective
Navigating Economic Challenges
Despite ongoing economic challenges, the stock market has displayed a surprising resilience. The S&P 500’s new record is a testament to the market’s ability to weather storms and adapt to changing circumstances. Investors are finding solace in the tech sector’s stability, viewing it as a safe harbor in uncertain times.
Inflation Concerns: A Balancing Act
The specter of inflation has loomed over the market, causing ripples of concern. However, the tech sector’s ability to innovate and adapt quickly provides a counterbalance to these worries. Investors seem to be betting on technology’s intrinsic value, which often lies in its capacity to stay ahead of economic headwinds.
Winners and Losers: Navigating the S&P 500 Landscape
Tech Titans and Disruptors
Within the technology sector, it’s not just the established giants that are driving the rally. Up-and-coming disruptors, fueled by innovative ideas and agile business models, are capturing the attention of investors. This diverse landscape within tech allows for a more nuanced investment approach, as opportunities abound beyond the well-known market leaders.
Sector Disparities: A Tale of Divergence
While technology stocks are basking in the limelight, other sectors are experiencing varying degrees of performance. Understanding these disparities is crucial for investors seeking to navigate the complexities of the current market. From traditional industries to emerging sectors, each plays a role in the broader economic picture.
Risks on the Horizon: Acknowledging Market Realities
As the S&P 500 continues its ascent, concerns about overvaluation are surfacing. Some market observers warn that the current euphoria surrounding technology stocks might be inflating their prices beyond reasonable levels. Cautionary voices urge investors to remain vigilant and not succumb to the allure of quick gains without due diligence.
The technology sector, while a driving force behind the market surge, is not immune to regulatory challenges. Increased scrutiny and potential regulatory changes could impact the trajectory of tech stocks. Investors should factor in these uncertainties and remain attuned to the evolving regulatory landscape.
Investor Strategies: Navigating the New Market Landscape
Diversification in a Tech-Driven Market
Given the dominance of the technology sector, diversification becomes a strategic imperative for investors. While tech stocks present enticing opportunities, a well-balanced portfolio that includes a mix of sectors can help mitigate risks associated with sector-specific fluctuations.
Long-Term vs. Short-Term: A Balancing Act
The current market climate prompts investors to consider their time horizon. While short-term gains are enticing, a long-term perspective may offer a more stable and sustainable approach. Balancing the pursuit of immediate returns with a commitment to long-term financial goals is key in today’s dynamic market.
Conclusion: Navigating the Future Terrain
The S&P 500’s new record high, fueled by a technology rally, paints a picture of a market adapting to the challenges of our times. As investors navigate this new terrain, a blend of optimism and caution is warranted. Understanding the driving forces, acknowledging potential risks, and adopting a diversified and balanced investment approach will be pivotal in capitalizing on the opportunities presented by the current market dynamics. In the ever-evolving world of finance, the ability to ride the waves of change may well be the key to sustained success.
Pakistani Freelancers Rejoice: Receiving PayPal Payments Now a Reality!
ISLAMABAD, January 7, 2024: In a major boost for Pakistan’s thriving freelance industry, IT Minister Umar Saif announced today that Pakistani freelancers can now receive payments through the global online platform PayPal. This marks a significant development, removing a longstanding hurdle for countless talented individuals contributing to the country’s digital economy.
Previously, Pakistani freelancers faced limitations due to PayPal’s unavailability in the country. This meant relying on alternative, often less convenient, methods for receiving international payments, hindering their ability to compete globally. However, the new initiative, spearheaded by the government, removes this barrier, opening doors to wider opportunities and increasing earnings for Pakistani freelancers.
“The good news is that Pakistani freelancers will now be able to receive money through PayPal,” declared Minister Saif in a video message shared by the IT ministry. “And we have created this program so that you don’t have to open a PayPal account in Pakistan to receive payments.” This crucial aspect of the program addresses concerns about regulatory restrictions and simplifies the process for both freelancers and their clients.
Under the new system, international clients can seamlessly transfer funds to Pakistani freelancers through their existing PayPal accounts. The funds will then be directed to a designated partner platform accessible to the freelancer in Pakistan. This streamlined approach ensures secure and efficient transactions without the need for individual PayPal accounts within the country.
The news has been met with immense enthusiasm from the Pakistani freelance community. Many have hailed it as a game-changer, promising to unlock greater access to international projects and enhance their earning potential. This development is expected to further spur Pakistan’s thriving freelance sector, contributing to economic growth and job creation.
However, some questions remain concerning the specifics of the designated partner platform and the associated fees or limitations. The IT ministry has assured further details will be shared soon, providing clarity for freelancers eager to leverage this groundbreaking opportunity.
Overall, the removal of the PayPal barrier represents a significant victory for Pakistani freelancers. With access to this widely used platform, they can now confidently compete on the global stage, showcasing their talent and contributing to the nation’s digital future.
This news is undoubtedly cause for celebration, marking a major leap forward for Pakistan’s burgeoning freelance community. As more details emerge and the program begins operation, it will be exciting to witness its positive impact on the lives and careers of countless Pakistani freelancers.
Ghosts of Grandeur: Where Civic Pride Goes When Town Halls Fall Silent
Seres’ Reduced Losses and Launch of M7 and M9 EVs Signal Bright Future for the Company
Top 10 Investment Opportunities in Dubai 2024: A Comprehensive Guide
Challenges to Growth of US Economy After Presidential Elections 2024 and Beyond
Asian Economic Calendar: Key Events and Consensus Expectations for 26 January 2024
Why Are Voters So Frustrated in the US Despite a Booming Economy?
Top 10 World Economies in 2024: Growth Prospects and Analysis
UK Government Borrowing Falls to Record Low in December: What This Means for Tax Cuts
10 Reasons Why Europeans and Asians Choose Dubai for a Better Life and Luxuries
Embracing the Green Wave: New Jobs, Green Jobs Dominate Hiring Landscape
Mastering Success: A Definitive Guide for Entrepreneurs, Small Business Owners, and Startups in the Digital Age
Islamic Economic System: A Comprehensive Guide to its Principles and Application in Modern Times
Ethereum Restaking Poised to Take Center Stage in 2024 Crypto Scene
Building Cyber Resilience for KSA’s Vision 2030: Empowering Human Capital
SoftBank’s Son Piles on Debt, Fueling Controversy Around Lavish Silicon Valley Mansion
The Rise of Chinese Cars in the West: A Threat or an Opportunity?
Rising from the Desert: How the UAE is Shaping the Future of Crypto
10 Reasons Why Europeans and Asians Choose Dubai for a Better Life and Luxuries
Soaring Dreams: China’s Ambitious Leap into the Low Altitude Economy
Riding the Tech Wave: S&P 500 Hits a Record High
Digital3 years ago
Social Media and polarization of society
Digital3 years ago
Karachi-based digital bookkeeping startup, CreditBook raises $1.5 million in seed funding
News3 years ago
Dr . Arif Alvi visits the National Museum of Pakistan, Karachi
Digital3 years ago
WHATSAPP Privacy Concerns Affecting Public Data -MOIT&T Pakistan
Kashmir3 years ago
Pakistan Mission Islamabad Celebrates “KASHMIRI SOLIDARITY DAY “
Business2 years ago
Are You Ready to Start Your Own Business? 7 Tips and Decision-Making Tools
China3 years ago
TIKTOK’s global growth and expansion : a bubble or reality ?
Featured3 years ago
The Right-Wing Politics in United States & The Capitol Hill Mayhem