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E-Commerce here to stay, despite continued lockdowns

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With much of the world still in partial lockdown, E-Commerce is here to stay. So where does that leave bricks-and-mortar retail?

Not necessarily in the dust, according to Reuben Mallalieu, Head of Ecom World 2021 and our guest on Ticker Green

Reuben Mallalieu runs the biggest e-commerce conference in the world, Ecom World 2021. A digital event, run over two days in late June with over 15,000 attendees. The event garners speakers from big tech, e-commerce and media such as Gary Vaynerchuk and other high profile names from Facebook, Snapchat, Spotify and Shopify. It also provides a platform for lesser-known brands making a splash. 

In a post-pandemic world, it would be easy to think traditional retail will be dead. Not according to Mallalieu, who believes that a bricks-and-mortar flagship store will still be an aspirational destination for digitally native brands. In Mallalieu’s view, consumers will always want to understand the look and feel of a product in-store. However it’s not a luxury all brands can afford. 

That’s where e-commerce comes in. Once upon a time, a business would open its shop doors and wait to receive its first customer. Now, it launches a website. Platforms like Shopify have enabled an explosion of direct-to-consumer e-commerce brands to launch. “It’s easier than ever to build and scale a business just with the tools we have available in the world of e-commerce”, Mallalieu says.  

Mallalieu gave us more than just predictions about the future of retail. He let us in on what he believes is the secret sauce to successfully running an e-commerce business in 2021:

“You need to have three key areas in place to be able to build and scale a business to over $1 million.”

  1. Product & Operations – Good margins, a quality product and operations to scale.
  2. Brand – The coolest brand possible with amazing product shots and a great online storefront.
  3. Growth – A robust growth marketing plan based on paid ads or other organic strategies to reach your audience.

So what does this mean for direct-to-consumer brands with a sustainability focus? Well it probably shouldn’t come as a surprise that Mallalieu is optimistic.“I am a massive fanboy of Allbirds…they are now a billion-dollar shoe brand focused on sustainability,” Mallalieu says.

For newer sustainability players like my business Single Use Ain’t Sexy, Ecom World 2021 is a place for us to share ideas and talk shop! Our first-to-market dissolvable hand soap tablets & reusable glass bottles have already sold out twice & attracted thousands of eco-friendly customers.

If you’re keen to stay ahead of the curve, drop into some of the online events at Ecom World 2021 on 28 and 29 June 2021.

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Money

Markets ignore Israeli-Iranian conflict but risks remain high

Markets remain optimistic despite the escalating Israel-Iran conflict, raising concerns of potential complacency among investors.

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Markets remain optimistic despite the escalating Israel-Iran conflict, raising concerns of potential complacency among investors.

In Short:
Market analysts warn that global investors are underestimating the conflict between Israel and Iran, despite resilient stock market gains. Analysts highlight the potential for prolonged conflict and significant impacts on energy markets, cautioning against complacency.

Global investors are currently underestimating the potential impact of the ongoing conflict between Israel and Iran, according to market analysts.

Despite four days of escalating fighting, which has resulted in significant casualties, global stock markets have shown resilience. Stocks in Europe, Asia-Pacific, and the U.S. have all seen gains, indicating a disconnect between market performance and geopolitical developments.

Investment director Russ Mould highlighted the risk of a broader conflict affecting energy markets. He noted that the situation is complex and the ramifications could extend beyond financial concerns.

Heightened risks

Strategist David Roche suggested the conflict may last longer than typical Israeli responses, posing heightened risks. Torbjorn Soltvedt from Verisk Maplecroft expressed that the current situation resembles an open-ended war, with severe implications for the region and global energy markets.

Energy prices have already reacted to the unrest, with crude oil experiencing significant price fluctuations. Analysts caution that a period of calm might lead markets to mistakenly believe in lasting peace, potentially creating buying opportunities in energy assets.

Conversely, some analysts, like Deutsche Bank’s Jim Reid, maintain a more cautious outlook, noting that retaliatory actions between Iran and Israel have yet to escalate dramatically. He indicated that historical patterns suggest a typical market recovery from such shocks.

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Money

Australia’s stalled economy forces businesses to innovate or die

Australia’s economy is slowing with 0.2% GDP growth; experts suggest interest rate cuts, prompting businesses to adapt for growth.

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Australia’s economy is slowing with 0.2% GDP growth; experts suggest interest rate cuts, prompting businesses to adapt for growth.


Australia’s economy is slowing fast, with GDP growth at just 0.2% and output per person in decline. Experts are now predicting steep interest rate cuts to avoid recession.

What can businesses do to adapt and grow in this climate? Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AustralianEconomy #RBA #InterestRates #BusinessStrategy #EconomicNews #GDP #TickerNews #AustraliaFinance

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Money

World Bank predicts U.S. growth cut by tariffs

World Bank forecasts U.S. growth halving due to tariffs; global economy also faces significant slowdown, especially in exports.

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World Bank forecasts U.S. growth halving due to tariffs; global economy also faces significant slowdown, especially in exports.

In Short:
The World Bank has downgraded U.S. growth projections to 1.4% for 2025 due to President Trump’s tariff policies, warning that increased tariffs could worsen the global economic slowdown. The report highlights a decline in growth for multiple economies, with a particular emphasis on the negative impact on living standards and the need for negotiated trade barriers.

The World Bank has downgraded its growth projections for the U.S. economy, forecasting an increase of just 1.4% in 2025, down from the previous year’s 2.8%. This reduction is attributed to President Trump’s tariff policies, which are anticipated to hamper both U.S. and global growth.

The World Bank’s latest report highlights an expected slowdown in multiple economies, including the eurozone, Japan, and India. Mexico is projected to experience the most significant impact, with growth dropping to 0.2% from 1.5%.

Exacerbate the slowdown

Amid these forecasts, the World Bank warned that a further rise in tariffs could exacerbate the slowdown. If tariffs were raised by an additional 10 percentage points, global growth could plummet to 1.8% this year and 2% in 2026. Such an escalation would lead to reduced trade, declining confidence, and increased market turmoil.

Indermit Gill, the World Bank’s chief economist, noted that if a course correction is not made, the negative effects on living standards could be severe. The Organisation for Economic Cooperation and Development has also voiced concerns about the implications of tariffs, predicting a U.S. growth rate of 1.6% with inflation approaching 4%.

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