Your business’s income statement is a long list of dollar figures: revenue, production costs, gross profit, overhead expenses, taxes, and finally, net income. To get a better perspective on these dollar amounts you create a parallel list known as a common size income statement.Here’s more on common size income statements and how you can use…
Month: July 2023
AWS Week in Review – Agents for Amazon Bedrock, Amazon SageMaker Canvas New Capabilities, and More – July 31, 2023
This July, AWS communities in ASEAN wrote a new history. First, the AWS User Group Malaysia recently held the first AWS Community Day in Malaysia. Another significant milestone has been achieved by the AWS User Group Philippines. They just celebrated their tenth anniversary by running 2 days of AWS Community Day Philippines. Here are a…
Wehkamp turnover €433 million last year
In 2022, Dutch online department store Wehkamp, made 433 million euros in turnover. This is a decrease of 9 percent compared to the year before. The company’s net loss came to 22 million euros. Wehkamp released its financial results for 2022-2023, as the company’s financial year ended on March 31st this year. According to the…
Power Automate Process Mining empowers warehouses to boost their efficiency significantly
Introduction Every warehouse manager is keen on improving the processes on the warehouse floor. But where to start? What to optimize? It is far from easy to discover the bottlenecks. This is where the Power Automate Process Mining comes really handy. In the 10.0.35 release we ship the integration of Supply Chain Management Warehouse module…
YouTube CPM: What It Is and How to Increase Your Creator Revenue
If you’re a YouTube creator who earns money from ad revenue, you’re probably creating high-quality content and strategically timing your posts to earn as many views as possible. You’d love to make more money from your efforts, but it’s not like you can just charge advertisers more. Understanding how YouTube CPM works can help you…
How to Sell on Etsy in 6 Easy Steps
Etsy is one of the biggest online marketplaces in the world. With more than five million sellers serving nearly 90 million active buyers, it has the potential to turn a side hustle into a full-time business. It’s a place where small business owners can meet their ideal customers. Millions of people search the marketplace with…
New – AWS Public IPv4 Address Charge + Public IP Insights
We are introducing a new charge for public IPv4 addresses. Effective February 1, 2024 there will be a charge of $0.005 per IP per hour for all public IPv4 addresses, whether attached to a service or not (there is already a charge for public IPv4 addresses you allocate in your account but don’t attach to…
DHL acquires Turkish parcel delivery provider MNG Kargo
DHL Group has signed an agreement to acquire 100 percent of MNG Kargo, one of the leading parcel service providers in Turkey. According to DHL, the acquisition secures a leading position in the domestic parcel market. “MNG Kargo complements our business portfolio and will help to strengthen our position in this sector”, CEO Tobias Meyer…
Large marketplaces often more expensive
Many online shoppers buy on platforms such as Amazon or Ebay. German price comparison platform Idealo conducted an analysis. The result: about 80 percent of the cases, other online shops offer better prices than leading marketplaces. In this analysis Idealo examined how often Amazon, Ebay, Otto and Kaufland offered the lowest price on their platform.…
What’s a Good Average Ecommerce Conversion Rate in 2023?
As a store owner, your ecommerce conversion rate might be the ultimate indicator of your business’s viability. It is a fairly simple concept to understand, but not easy to improve. However, a great ecommerce conversion rate is crucial to your store’s success. What is a conversion? A conversion occurs when someone takes an action on…