Cheap Is Not The Solution: China’s Deflation Example
China’s eCommerce price wars are fueling deflation—but what does this mean for businesses? The race to the bottom isn’t sustainable, and brands that rely solely on price competition risk losing long-term value. Instead, success lies in innovation, strategic pricing, and strong customer relationships. Want to future-proof your business in a changing economy? Here’s what we know.
The Dawn of Commerce– A Wake-up Call for Vendors to Go Online
The recent sinkhole event at Jalan Masjid India in Malaysia has left vendors devastated, with many reporting a 50-70% decline in revenue as foot traffic plummets. This devastating event, caused by underground water pipes bursting, has affected the livelihood of many traders in the area, showing just how vulnerable physical businesses can be to sudden, […]