Online sales and distance selling to expand through coronavirus pandemic

Now that we have been forced to take time to think about everything differently what will you do differently to ride the 4th industrial revolution wave ahead of your competitors?

18th March 2020 Online Food Retailer Ocado Has Today Had To Close Down Its Website and APP Until Weekend Due To Excessive Demand For Its Online Shopping Service

More and more evidence shows how people are gravitating to online businesses to fulfil their shopping habits. Many of these new customers will remain with such online shopping services after the coronavirus threat has dissipated.

You may need to get more of your business revenue online just to survive in future never mind grow your business faster. In short term during the coronavirus pandemic get more of your products or services online including with eCommerce tools to protect and grow your business.

Signs in the UK that there is demand for even more online. From food to online services to fashion people still want to shop but online from a distance. Major retailers are ramping up their online shopping and delivery services. Many are employing thousands of more staff to cope with demand.

Is your business making the most from online sales and delivery during coronavirus pandemic?

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The coronavirus will hopefully pass. It could morph into something worse or less bad. Even if it does not burn itself out the human race will take months to find a vaccine in sufficient quantities to control its spread. Even when the G20 countries have it relatively under control they will be repeatedly be reinfected from each other and less well developed countries as people start to travel again.

Make no mistake one way or another the coronavirus will have long lasting effects on businesses and the global economy. This will totally change how we do business forever. Sure people will return to shopping in High Street shops but the proportion of retail shopping completed online will jump.

Furthermore consumers and business leaders will access more of their services online. More communication than ever will be arranged online. There will be less desire to travel for face to face meetings. Business leaders will become more used to online meetings and realise its better than wasting time travelling. More training will be arranged online. There will be many benefits including protecting environment saving money and saving the most valuable thing time.

Such enforced changes in business practices will usher in the 4th industrial revolution even faster

The 4th industrial revolution was accelerating before the coronavirus. COVID19 will turbo charge it.

  • Jobs will become obsolete even quicker
  • Opportunities to innovate will come faster
  • Technology will advance more rapidly
  • Minds will be more open to change
  • Consumers workers and business leaders will be hungry for something better than what we put up with precoronavirus
  • There will be a bigger demand for faster internet speeds including 5G and increased supply

Now that we have been forced to take time to think about everything differently what will you do differently to ride the 4th industrial revolution wave ahead of your competitors?

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The coronavirus COVID-19 may change the way we sell forever. More and more sales were going online anyway but now there are urgent reasons to increase the source of your online sales with BusinessRiskTV.com

If you have not created an online presence to sell more jump online quickly with us. If you have an online presence but want to increase sources of new business income tap into our services to increase sales online.

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Harness the full innovative power of your business. Create a better future with your existing resources. Focus your assets on the opportunities offering the greatest return.

Innovate or wither and die?

Is your business in zombie mode? Is it ticking along but with a little inspiration could be zooming along! Businesses which do not innovate could wither and die in the changes which are already in motion.

If you think the decade has been changing rapidly fasten your seat belt for the next decade! Even the best businesses growing healthily are going to be subject to existential choices.

Take banking industry for example. There is absolutely no reason you will not be banking online with Facebook Google or Amazon instead of Lloyds Barcalys or HSBC.

There are already internet only or app only banking businesses thriving in the UK. They do not have the costs of bank branch network. Fewer employees delivering what especially the younger generation want online. These apps will eventually sell car insurance house insurance mortgages credit cards et al that traditional banks offer. Why could Facebook Google or Amazon not do the same with their astronomical piles of cash. Yes I mean cash as they do not need to borrow money to lend money to you which will make them even more profitable should they start their banking arm of the business in UK.

4th Industrial Revolution Latest News Commentary and Risk Review
Fourth Industrial Revolution Latest News Commentary and Risk Review

If traditional banking industry could fail to survive in future why do you think your business is safe?

Is it not a little arrogant to think your great business is going to survive the coming changes? If the UK ever gets up to speed with 5g which clearly it eventually will then another building block will be in place that will destroy many traditional businesses.

5G is both an opportunity and existential threat to many traditional businesses. Just because what you have done works for your business model does not mean it will work well in future.

are you really getting the most out of your solid business assets?

Even if you have a great business now are you sure it is operating productively? The greatest killer of UK economic growth is poor productivity. The UK does not perform any way near as productively as its developed competitors in the global marketplace.

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Sometimes we have to accept the risks our businesses face to achieve our goals. Taking no action to control the risks does not mean you have not managed the risk. It means you have identified and assessed it and proactively choose to accept it as the risk is within your risk tolerance and appetite for risk.

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Strategic risk decision making in financial services industry is not complicated but it is complex. Reduce the complexity to what matters to your business in the financial services sector.

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Failing to be innovative and creative in the financial services sector may place your business at a competitive disadvantage. However innovation and creativity brings added risk. Is that added risk with it? Enterprise risk management ERM approach will help you decide.

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The future of financial services industry risk management is also changing with artificial intelligence divergent regulatory controls and splintering risk culture ambitions driving changes in practice.

Keep up to date with best risk management tools and techniques to improve your business decision making. The financial financial crisis is beginning. We just do not know where it started and what we are doing wrong. However being prepared for the next financial crisis should be part of a holistic enterprise risk management approach.

Chances are that fintech will play a role in the next financial crisis. Technology risks are a key risk factor for business growth and disaster for financial services companies in particular.

Lack of need to control risks will also play a role in the next financial crisis. The financial services industry has found it near impossible to manage its own risks without regulatory control. Dissipation in regulatory control will precipitate the financial services industry lunging over the cliff.

The fact that the financial services sector has still not recovered from the last financial crisis is another reason that another financial crisis will occur. Italian Chinese and Indian banks are in particular bursting at the seems with near unmanageable debt levels. Add to that boiling frothing pot of junk political instability in Europe Asia and Americas then you have a perfect storm waiting to be unleashed.

Should we withdraw from business or investing? Of course not. It has always been thus. It has always been about the survival of the fittest. However what has changed is that there is increased realisation that the fittest are those businesses and investors who invest in socially responsible investing. Environmental social and governance risk factors are at play. The strongest are the ones who embrace this philosophy.

A holistic enterprise risk management approach to business management and investing is the future. If you are waiting to look back and acknowledge that with hindsight you will be one who suffers most from the next financial crisis. You may not survive the long term. If you are not looking to the long term then good luck to you. You might get lucky. If you are looking for long term sustainability get on the holistic enterprise risk management boat today. Create long term value through enterprise risk management today not tomorrow.

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3rd July 2019 Number Of Cyber Incidents Reported By UKs Financial Sector Jumps

According to the Financial Conduct Authority FCA there has been jump in the number of cyber incidents reported by the UK’s financial sector.

Under the EUs General Data Protection Regulation GDPR financial sector businesses must report certain types of security breaches.

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Without effective brand awareness your business could lose out on sales your competitors have won. Learn here how to make your business stand out online.

Several of the biggest retailers in the UK have collapsed or nearly collapsed due in a large part to failure to have an appropriate increase brand awareness strategy

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There are a number of straightforward ways you can build your brands reputation online. From social media marketing strategies to better Search Engine Optimisation SEO. Learn how to increase online sales faster cost effectively. Determine the right social media channels for your brand and develop a new brand awareness strategy.

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How To Sell On The Risk Management Marketplace Buy Risk Products

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Its easy and quick to set up as a Risk Management Product Seller. If you have a Paypal account you can even set up online payments. Use ecommerce to sell more online and protect cash flow.

Sell on BusinessRiskTV and fulfil order via your existing sales process. When an order has been placed for one of your risk management products the buyer can be immediately directed into your sales systems.

The Risk Management Marketplace includes independent sellers who offer a variety of business risk management products and services. Buying from a Risk Management Marketplace Seller is quick and simple and often cheaper than buying elsewhere.

Leverage your existing risk management product or service fulfilment  capabilities. Add Paypal payment button if you have a Paypal account to sell more and protect cash flow in your business. By displaying your Paypal ecommerce payment button you are committing to fulfilling orders for your new customers.

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Risk Hedging Strategies

Find out why you need risk hedging services to help your business manage the risk better

Take on risk on your own terms to boost your business performance with more confidence

Incorporate best risk hedging strategy into your holistic risk analysis for an integrated risk management strategy that supports your business objectives.

  • Level out business trading risks and stabilise your cash flow.
  • Remove uncertainty surrounding product or services actual sale price regardless of external risk factors including but not limited to currency movements for example.
  • Manage the actual sale price to sell more overseas. Fix the price of your products or services and reduce the risk of price fluctuations. Reduce the risk of uncertainty related to the adverse price fluctuations in an asset.
  • Reduce the impact of risks on your business and minimise the exposure to various types of risk.
  • Cover more risks more cost effectively.
  • Take advantage of unusual market opportunities to benefit your future trading position in your industry marketplace.

Combining corporate risk knowledge with technical risk hedging services to prosper with more confidence

  • Use our BusinessRiskTV holistic risk package to manage the total cost of risk to your business. We have a product for a range of industries.
  • Highly skilled personnel work with you to help you develop the best risk management strategy for your business.
  • Manage dynamic uncertain risk events with more certainty. Control adverse changes of risk moving against your business objectives.
  • Deploy the most effective risk hedging strategy to reduce total threat to your business.
  • Find new customers more easily. You have the best product or service for your customer target market. We will help you speed up their buying cycle to buy from you instead of your competitors.
  • Our partners and your new customers are global and so is our customer marketing and acquisition services.

Create a robust risk management strategy including risk hedging strategy for your business. Join our discussion forums to help you understand why risk hedging can benefit your business. Find out how risk hedging works. Identify why risk hedging will work for your business. Use our partners risk hedging techniques and services.

  • Offset the risks that may otherwise too difficult or too expensive to manage with risk hedging services.
  • Reduce the impact of uncertainty on your business success.
  • Reduce substantial financial losses.
  • Avoid difficult to predict losses.
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Protect your business better from risk. Grow your business faster with less uncertainty. Identify the optimal risk hedging strategy for your business. Our Enterprise Risk Management Capability Review service will help you to identify ways to manage corporate risks more effectively.

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Developing Business Strategy

How to develop a business strategy plan with BusinessRiskTV.com

Need a better business strategy for success? Find out how to develop a better business strategy. Network with top business management thought leaders locally and globally.

How to develop a business strategy with risk based approach to protection and sustainable growth

Developing a business strategy with a risk based approach reduces uncertainty. Reducing uncertainty boosts business performance for the long term.

Strategy Development

Developing a business strategy for sustainable growth. Tackle both the threats and opportunities to your business. A holistic enterprise wide integrated risk based approach to decision making.

Build your business on more solid foundations

Your new practical business strategy will use our practical approach to holistic enterprise wide risk management ERM. Adopt our guided enterprise risk management approach when taking strategic operational and project decisions.

We will help you create a roadmap for the greater success of your business. Invest your time skills and energy with less uncertainty of the outcomes.

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UK Economy Weak Start To 2018 Due To Weather Not Economic Climate

Latest Economic News For UK

UK economic growth 2018 started more slowly than end of 2017. The UK economy news is normally weaker at the beginning of the calendar year. Most of the UKs economic growth comes as the calendar year progresses.

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Latest economic news for UK and global economy

Governor of the Bank of England Mr Carney

Mr Mark Carney the head of the Bank of England says poor UK economic activity at the beginning of the calendar year 2018 was due to the weather and not UK economic climate.

In addition Mr Carney reports that all slack in the UK economy has been taken up and this is likely to push up UK prices and UK inflation.

With very high levels of employment low levels of unemployment and a million plus job vacancies unfilled it is more likely that wages will increase faster. UK employers will need to pay more to attract candidates and to keep existing staff.

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Mr Carney paints a rosier future for the UK economy in 2018 with downside risks including global international trade war. UK interest rates more likely to rise later this year and this should boost value of the UK pound.

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Audience Engagement Strategies

Learn how to engage target audience. How to communicate with your target audience. How to approach and engage with customers is not easy. Competing for the time of potential customers in this busy world is hard.

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We will help you improve how to engage customers online. Customer engagement strategies need to be innovative and flexible to reach a wider audience. Ultimately we will help you engage customers in sales of your business products or services.

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European Free Trade

Discover how to do more business in and with Europe. Get the latest news headlines opinions and reviews on trade with Europe. Save money and time with BusinessRiskTV.

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Pan European Business Collaboration

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Whether you align yourself with just UK EU Eurozone or EEA or none of them

Trading more brings down barriers. Every free trade agreement has an edge demarcation or barrier. Pull down barriers by trading more freely one to one. Then national barriers will fall.

EEA provides for the free movement of persons, goods, services and capital within the European Single Market

To get the most out of your business assets you do not need a free trade agreement. It does not matter if you are in favour of Brexit or not. You have to manage the threats and opportunities from Brexit. If your business is in the UK EU EEA or on the other side of the world trade more.

BusinessRiskTV offers practical tips tools and techniques to trade more

Simple steps to trade more

  1. Subscribe for free
  2. Tell us about your business
  3. We will suggest how we can help you trade more

You do not need to do what we recommend. What we recommend will increase your opportunities for business growth.

There is an argument that the EU27 were being held back by UK. Maybe UK is being held back from global growth by EU? Most business leaders no longer care.

  • Most do not trade outside of their country
  • Most just want to know what the new environment is
  • Most will get on fine with whatever is agreed

Our role is not to meddle with the politics. What will be will be. Our duty is to make the best out of the finalised deal. BusinessRiskTV.com will help business leaders wherever they are trade more profitably.

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How To Overcome Trade Barriers In International Trade

Solutions to trade barriers with BusinessRiskTV.com

Find out how to grow your business overseas. Increase the opportunities to grow your business faster. Save money and time growing your business with less uncertainty with BusinessRiskTV.

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Link into your existing sales process direct from BusinessRiskTV or use our eCommerce solutions to grow your business faster.

How To Overcome Trade Barriers In International Trade

Increase your revenue streams more profitably. Grow your business faster.

International Trade Directory

  • Want to list your business in our International Trade Directory?
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Reach more new customers with BusinessRiskTV.

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Strategies To Overcome International Trade Barriers

Develop access to overseas marketplaces. Develop a new strategy to access new incomes streams. Diversify your income streams and build business resilience.

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Overcoming Trade Barriers

Do not know where to start to export more overseas? BusinessRiskTV can help you overcome barriers to more overseas trading.

  1. Join the relevant working group for your business
  2. Cooperate and work together to generate new revenues
  3. Agree the best new business development strategy

Work with local and global business management experts to overcome all trading barriers. Combined risk knowledge will help you break into new markets. Grow your business faster and build business resilience.

We help you increase market access. Enhance capability to remove barriers to overseas trade. Learn how to overcome barriers to trade yourself.

Work together to negotiate who will do what and when.

  • Inadequate risk knowledge may be holding your business back.
  • Reduce the costs of exporting more overseas
  • Exporting more not only increase sales it increases business resilience

Connecting people with demand with people who can supply.

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What Are Your Tips For Increasing Overseas Trade

Maybe you you have your own best tips to increase trade? Any questions on increasing your overseas trade? Join our online virtual discussions to increase international trade. We have a number of ideas in which you can increase the exposure of your products or services to increased sales opportunities around the world.

Join BusinessRiskTV for free today to discover upcoming online virtual discussions on increasing international trade. We present you with clear opportunities to market your business wider inexpensively. Find out how to place your business in the right place more often.

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Forging Effective Business Alliance For Better Protection and Growth

Building Strategic Business Alliances

How to make strategic alliances work? We will develop win win collaborative work and projects success. BusinessRiskTV.com will forge and manage all strategic alliances.

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Successful Strategic Alliances On Business Resilience and Growth

Our strategic alliance process

  1. Identify the measure of success outcome each partner wants
  2. Plan the work to ensure success delivered for all parties
  3. Monitor and adjust final project outcomes to maximise performance

Strategic partnerships to strengthen your business resilience and find new opportunities for business growth

  • Practical tools and techniques to produce sustainable ways to increase sales.
  • Adopt risk based decision making process.
  • Learn about best working practices

Forge new business alliances with business leaders locally and globally. Effective partnering will achieve your company objectives with less uncertainty.

Planning A Strategic Alliance For Your Business

Wherever you are. Whatever industry you work in. Whatever you want to achieve.   There is a business alliance to create here

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Business Expansion Strategy

Ways To Expand Your Business With More Sustainable Sales

Increase your sales more profitably.   Diversify your business expansion strategy with new income streams.   Beat local competitors to new business and penetrate new markets.   Make your small business and large one!

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New Business Growth Strategy

Simple steps to  expanding your business locally and globally

  • Identify your hottest product or service
  • Focus your resources on promoting and marketing it driving traffic
  • Sell lots of your best.   Push for repeat business or sell new products

Discount your best product may worthwhile to attract more orders.

If you are not trying to expand your probably contracting

You could be losing business to your competitors.   Lack of growth plan is increasing your business risk.   Your risking  losing business to your competitors who are expanding?

Plan your business expansion strategy

We will help you expand into new markets more easily.   Explore your business growth opportunities on BusinessRiskTV.com.   Boost your business more productively more sustainably.

Deploy high growth strategy to build your business resilience and improve business performance

Tell Us About Your Great Business Products or Services

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