Insights

Beautycounter Endorses Personal Care Products Safety Act

Personal Care Products Safety Act

Counter Brands, LLC., parent company of Beautycounter, announced it will endorse the Personal Care Products Safety Act. The bill, introduced by Senators Dianne Feinstein (D-Calif.) and Susan Collins (R-Maine), takes a significant step toward updating the current regulatory structure governing cosmetics and skin care products. It calls for the U.S. Food and Drug Administration (FDA) to regulate the safety of…

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On Web’s 30th Birthday, Inventor Pens Open Letter

Web’s 30th Birthday

The world wide web inventor Tim Berners-Lee is calling for a “fight” against hacking and abuse on its 30th birthday. A CNN article by Rob Picheta reported that Berners-Lee has called for global efforts to tackle state-sponsored hacking, criminal behavior and abusive language on the internet, in an open letter marking the 30th anniversary of the revolutionary technology. Tim…

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New Survey Finds Amazon Top Destination for Purchasing Beauty Products

Amazon

Take note, direct sellers. A new survey reveals that Amazon is winning over beauty consumers in search of glamour, gorgeousness and great skin. According to the findings of the Stella Rising Glimmer Report – Searching for Beauty, seven out of ten beauty shoppers (71%) say that Amazon is their top destination to purchase beauty products. Other…

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Euromonitor’s Top 5 Digital Consumer Trends in 2019

Euromonitor’s Top 5 Digital Consumer Trends in 2019

Global market research company Euromonitor International recently revealed the top five digital trends defining commerce this year. Digital wellness, autonomous outlets, voice, customer-led experiences and the expansion of super apps will have the most impact on commerce in 2019. According to the company, for the first time ever more than half of the global population…

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Youngevity to Acquire Hemp-Based CBD Extraction Equipment Manufacturer

Youngevity International (NASDAQ: YGYI) announced that it has entered into a binding agreement to purchase all the assets of Khrysos Global, a manufacturer of hemp-based CBD extraction equipment. The acquisition is intended to establish YGYI’s newly formed wholly owned subsidiary, Khrysos Industries, Inc, as a global player in the field-to-finish hemp-CBD oil, isolate and distillate market. It also…

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6 Retail Tech Trends That Go Beyond Competing Against Amazon

According to a recent article by Forbes, technology to compete against a disruptive Amazon will continue to be central to the retail play of 2019. However, it isn’t the only thing driving what will makes retailers’ tech shopping list. While you can expect to see more holographic 3D images at malls and stores to wow you, the following…

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Nearly 20% of Entrepreneurs Work with Family Members

According to the 2018 Global Entrepreneurship Monitor (GEM) Report, nearly 20 percent of the world’s entrepreneurs are working with family members. The report, sponsored by Babson College, Universidad Del Desarrollo and Korea Entrepreneurship Foundation, also stated that 6 percent of individuals aged between 18-64 in 27 countries are part of the gig economy and the sharing economy. “The Global Entrepreneurship…

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Market Potential for Ready-to-Drink CBD Beverages

CBD Drink

Recent reports by Canaccord Genuity indicate the market for cannabidiol (CBD) beverages could achieve a value of $260 million in the United States by 2022. CBD beverages form part of an even wider market for marijuana-infused drinks that is predicted to reach a value of $600 million in three years’ time. U.S market for CBD and THC beverages could reach $600 million by…

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Customer Care: 5 Trends for 2019

A recent business article by Twitter noted customer care trends from 2018 that they expect to continue to grow in 2019. Direct Messaging More consumers are connecting with companies through direct messaging (DM’s) than through more public methods like tagging in a Tweet. According to Sprinklr, 80 percent of consumers engage with brands online, and 54…

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Facebook Breach May Bring About EU-Style GDPR Privacy Rules in U.S.

Recent news of a Facebook breach might have a major impact on Information Technology Asset Management (ITAM) practices in the U.S. News just before Christmas that Facebook is allowing advertisers and marketers direct access to personal data—and even private conversations—may have the effect of accelerating consideration in the U.S. of General Data Protection Regulation (GDPR) privacy rules, according to…

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