If you are running an e-commerce business, you will understand how the return rate affects your bottom line. E-commerce return rates are an essential metric in the online retail market. Evaluating your e-commerce return rate allows you to identify weaknesses in your business operations and enhance overall revenue. Did you know that in 2020, returns accounted for $428 billion in retail, with $101 billion...
Selling physical goods can be a lucrative business if you know what you are doing. Think of Amazon, it started with Jeff Bezos selling books online. Don’t get me started, I’m not saying you are going to be the next Amazon There are more startup failures than success stories we all read online. In the Western world, let's say for the sake of argument if you are starting an e-commerce business in the USA...
The 7 Seven Types of Income Strems for Financial Security in Ghana to gurantee you financial freedom include: Earned Profit Capital gains Dividend Interest Royalty Rental Depending on one sources of income is a “sleeping” financial disaster. A change of event can put your financial freedom in jeopardy.The seven types of income streams for financial security in Ghana is no...
Shopping malls in Ghana, particularly in the shopping for clothes and groceries, have pop-up up significantly over the past decade, in downtown of Accra. Other major cities like Kumasi and Takoradi have also seen the emergence of modern shopping centers that cater to a diverse range of consumers. These malls offer a blend of international and local brands, making shopping a cosmopolitan experience. The...
In the thriving world of e-commerce, online shopping is becoming popular in Ghana, and a couple of online stores in Ghana stand out. In this post we will explore the top 6 online stores in Ghana, each offering a unique shopping experience. Melcom online Melcom is not only a household name in Ghana, it is the largest retail store in the country. The Melcom online store owned by...
I know what you are thinking - easier said than done, right? Yes, it is feasible, but we need to look at several factors that come into play. To set the stage, first of all, let’s look at China. When the Communist Party came into power on 1 October 1949 and the communist leader Chairman Mao Zedong announced the creation of the People’s Republic of China, the country was very poor. Nobody would have...
Ghanaians' preference to shop online is increasing. Gone in the days, when people were hesitant to buy things online. Not anymore. A Mastercard study on consumer spending has shown that nearly four out of five (79%) surveyed consumers in Ghana are shopping more online since the onset of the COVID-19 pandemic. Consumer preferences are constantly evolving, influenced by a myriad of factors ranging from...
You have been working hard, saved and budgeted to buy your first apartment this year to fit a lifestyle you dreamed of. But there are “Must Haves” your new apartment must have to give you a comfortable living. In this post I’m going to discuss with you the 7 essentials you should spend on to enhance your living lifestyle in Ghana. 1.Bedroom Creating a comfortable sleeping environment is...
VillaSharks is a free real estate website in Ghana for Ghanaian real estate agents to list their properties. The platform is designed to help agents have a digital version of their real estate services. Most Ghanaian real estate agents are struggling to stay visible due to limited online presence. It is a well-known fact that any successful real estate business thrives on attracting and retaining a strong...
I recently wrote a post about home improvement – how to reduce energy efficiency and save money on energy bills in your home. Today, I will discuss with you top must have household item a typical Ghanaian household needs. Yes, there are endless items you need depending on your family, financials strength and the kind of comfortability you want at home. Don’t get me started with smarted homes...
Research shows that about 90% of start-ups fails. Yes, that is right. It is survival of the fittest. Whatever you want somebody also wants the same thing. If it was easy everyone would have their own businesses. I should say that there are thousands of reasons why businesses fail around the world including Ghana but I’m going to touch on the most prevailing ones. Doesn’t matter if you are a local in...
Legal protection Security of ownership government infrastructure Facilitation of transaction Preservation of right Registering your land at the lands commission as a land investor or solely to build your dream home one day is a brainer. There is more unregistered land then there are registered ones especially in rural areas. Truth be told most lands have no documents. And there are...
