Wednesday, April 24, 2019

A More Humane World: Crispr

©2019 Laurel J. Delaney.  All rights reserved.
For all the anxiety and ambiguity surrounding Crispr – focused on developing transformative gene-based medicines for serious human diseases – there’s little doubt that it could revolutionize farming.
If and when the FDA decides to weigh in, says Hank Greely, a bioethicist and professor of law at Stanford, it will have to reckon with the unique risks of gene editing—that an edit might produce new allergens, for example, or spread from livestock to their wild cousins. His underlying fear, however, is “the democratizing nature of Crispr.” 
Learn more about Crispr and how gene editing aims to make our food supply kinder and more efficient. But it’s struggling to leave the barn.

Monday, April 22, 2019

Today in Global Small Business: Is Tariff a Dirty Word to Business Owners Who Trade Globally?

©iStock/gguy44
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, April 20, 2019

Hope, Renewal, and New Life

©iStock/FeelPic
"Easter is meant to be a symbol of hope, renewal, and new life." – Janine di Giovanni

Friday, April 19, 2019

India Presents a Huge eCommerce Opportunity for Walmart

©iStock/SnowWhiteImages
Retail giant Walmart continues to be committed to the Indian market given the huge opportunity that the country presents.  It's been nearly a year into Walmart buying Flipkart for USD 16 billion.

We're looking at Flipkart, Walmart India, Walmart Global Sourcing and Walmart Labs.  That's a substantial presence in India.

Here is what's at stake:
[CEO Doug] McMillon is visiting at a time when Flipkart is locked in an intense battle for market leadership in India with American giant Amazon. India's richest man Mukesh Ambani has also announced ambitious plans of an e-commerce platform to tap into the country's digital shopping segment that is forecast to touch USD 200 billion in the next few years. 
Read more how Walmart is committed to India.

Thursday, April 18, 2019

Looking to China for Global E-Commerce Growth

©iStock/poludziber
China is already a global force in e-commerce and digital technology, but it’s not too late for retailers to get into the game and win big.  According to eMarketer, 24 percent of China’s digital shoppers will make a cross-border purchase this year, lifting the market’s value by 15 percent year over year to $115.5 billion.

Cross-border shopping is becoming a way of life for Chinese consumers who put high value on securing brand-name and luxury items directly from the manufacturer.

To succeed in China, you must learn the ropes and keep certain strategies in mind.  Here are a few that address why retailers should focus on China for global e-commerce growth.

Wednesday, April 17, 2019

Improving People’s Health While Supporting the Environment and Animal Welfare

©iStock/vaaseenaa
The Meatless Farm Co., a British start-up food company, is expanding nationally across the UK with the launch of a vegan mince product and a vegan patty product into 95% of Morrison’s stores, and has further plans to expand internationally.

The Meatless Farm Co. – with a tagline 'lovingly made from plants' – was founded in 2016 by Morten Toft-Bech, with the aims of improving people’s health through better eating, whilst supporting the environment and animal welfare.

The British company has also received global acclaim, launching into Spinneys stores in UAE and with further territories on the horizon.

Learn more about how Meatless Farm plans to expand internationally.

Tuesday, April 16, 2019

Turning Small Indian Firms into Global Entrepreneurs

©iStock/credit unknown
Many home-grown Indian manufacturers and sellers are profiting from the business models and facilitation offered by India-focused multinationals such as Walmart and Amazon.  Mumbai-based Indo Count Industries is one of them -- considered the fastest-growing suppliers of home textiles in the US and European markets.

Walmart, with its sourcing model, and Amazon, by offering a Global Selling Programme, are raising the aspirational bar on small Indian businesses, elevating them to earn the coveted tag of ‘global entrepreneurs’.

Additional points highlighted in the article below:
  • Walmart sets up global sourcing centre in Bengaluru that sources India-made products for catering to 14 foreign markets; it procures over 95 per cent of the goods sold in Best Price stores from local companies.
  • Amazon takes ‘Make in India’ to the world, bolstered by its Global Selling Programme; it is empowering sellers from small towns in India by scaling up their businesses and leveraging the digital economy.
Read more about how Walmart and Amazon are turning small Indian firms into global entrepreneurs.

Monday, April 15, 2019

Today in Global Small Business: Bill Gates's List of Inventions That Will Change the World for the Better

©2019 Laurel J. Delaney.  All rights reserved.
What's affecting me, my clients, my colleagues and other global small business owners:

Saturday, April 13, 2019

The Human Soul is Apt to Revive

"The beautiful spring came; and when Nature resumes her loveliness, the human soul is apt to revive also." – Harriet Ann Jacobs

Photos courtesy:  @2019 Laurel J. Delaney.  All rights reserved.

Thursday, April 11, 2019

Treat Every Overseas Sale Like Its Your First

©iStock/gianliguori 
Innovator and designer Julia Christie of the multi-award-winning baby nail trimmer – the Nail Snail, has recently expanded her business outside of Australia and says that “Done right, it can be the best thing for your business.”

After selling over 20,000 nail trimmers since launching her product in 2017, going global was a natural naturally the next step.  In order to expand, Julia needed to have an understanding of the export industry.

One of the issues Julia wanted to be extra careful on are export contracts.  She consulted with a lawyer to ensure all relevant aspects to a sale were covered.
“I treat every overseas shipment like it was my very first. I methodically go through the procedures to ensure that my Nail Snails are distributed in a safe and timely manner. Shipping to an unknown destination can be a tad stressful but with tracking numbers, references and internationally recognised barcodes, I feel secure knowing that my shipment will go smoothly from start to finish. Understanding the different technologies used in the process was all part of my learning curve,” Julia said.
Learn more about Julia's (ad)venture in going global here.