FinTech Is Making It Easier To Shop The World’s Biggest Sales

Published on: 27 September 2018 Last Updated on: 23 March 2019
FinTech

Back in the dark ages, there was no Cyber Monday. Anyone who wanted to take advantage of Black Friday deals had to wake up at 3 a.m. and camp in front of the store until they opened their doors. And then they had to dodge the sharp elbows of their fellow shoppers as they rushed for the holy grail of sales — a limited discount while supplies last. Now things are completely different, and deal-hungry shoppers have it easy thanks to FinTech. They don’t even have to leave the comfort of their couch cushions to snag the biggest Thanksgiving weekend deals.

The frontline has moved from in-store to online:

E-commerce has totally changed the Thanksgiving weekend. In 2017, USA Today ran a story called, “Black Friday isn’t dead, but it’s dying”. This hyperbolic language doesn’t mean the tradition of shopping sales on the Friday following Thanksgiving is ending soon, but it is changing. Trends suggest it’s no longer just one day when shoppers can find discounted items, but an entire week—and sometimes even a full month.

A recent survey suggests how shoppers are snagging these deals are changing, too. According to Accenture’s Holiday Shopping Survey, 52 percent of respondents admitted they were less inclined to shop on Black Friday. While 64 percent of this group said it was because they didn’t want to brave the crowds, another 44 percent said they believed they could find the same sales, if not better, online.

Last year, e-commerce sales hit a new record. Shoppers spent $2.87 billion over the Thanksgiving weekend, rising nearly 20 percent from 2016 sales.

FinTech has simplified the payment process:

FinTech is a portmanteau combining the words Financial and Technology. It describes any data-driven process that facilitates financial services and products. FinTech is built into the foundations of the digital payment that e-commerce sites use on Cyber Monday, and the latest advancements have helped retailers create an easy online version of Black Friday, too.

An Adobe survey shows 46 percent of Thanksgiving shoppers are using their smartphones to research and claim deals. Another survey shows some consumers even use their phones to buy an item while in-store, and they use their mobile wallet to complete the transaction.

FinTech has streamlined the digital payment experience both online and in-store. It lets e-commerce sites facilitate fast and secure methods of online payments, while it powers physical POS that accept contactless payment methods like Google Pay or Apple Pay.

FinTech streamlines other aspects of holiday shopping:

Thanksgiving marks the beginning of the holiday season—a time of year when people are expected to spend, spend, spend. The National Retail Federation estimates the average shopper will drop nearly $1,000 on gifts, decorations, and food. This figure doesn’t include the other holiday expenses, like drinks, travel, and winter bills and repairs. It’s easy to lose sight of your financial limits when you’re curating the best holiday season ever. Many shoppers end up draining their savings account to celebrate the festivities.

This puts your finances in a difficult position. If an unexpected bill (like penalties for using your cell phone while roaming) or repair (like fixing your broken furnace) comes along, your depleted savings won’t help. Luckily, FinTech offers an alternative way to cover responsibilities by facilitating easy online payday loans. Their online service makes it possible for companies like GoDay to process applications in five minutes and issue payday loans in just one hour after approval. They’re even a potential cash flow solution for those shoppers living outside of the US.

In the past, Black Friday was a location-specific sale. Now, e-commerce catapults the Thanksgiving weekend sales into a global market. International shoppers living in Canada can access cyber deals as easily as their American counterparts, meaning they might accidentally overspend like their neighbors, too. That’s why the best payday loans Canada has to offer involves the same fast online processes as other FinTech borrowing experiences.

The online borrowing experience is simple—as is the week-long Cyber Monday event. And it’s all thanks to FinTech. FinTech makes it easier than ever to shop the biggest sales without ever leaving your house. As long as you have a device that connects to the Internet, you have access to any online Black Friday and Cyber Monday sale.

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Purchasing A Water Tank Online

8 Things To Consider When Purchasing A Water Tank Online

Choosing a water tank for your needs can be daunting. Since good quality tanks aren’t cheap, the decision must be well-considered before purchasing, especially if you’re going to shop online. When shopping around on the internet, there are various things to consider and these include the following: 1. Price One of the things you might want to consider when purchasing water tanks in online stores like The Water Tank Factory site is the price. The price of your preferred water tank must not be way beyond your budget. If possible, consider comparing the prices of every store you browse online. Using a comparison website may also come in handy for you to see which store offers the best deal and which ones must be filtered from your list of potential online vendors. 2. Size Of The Water Tank You don’t always need to settle with big water tanks. At present, water tanks are available in different colors and shapes. While the oval and round ones consume a lot of space, the slimline water tanks don’t take up much. Therefore, it depends on how much space is there in your yard or where you’ll keep the tank. Moreover, the size may also depend on what you like to do with the conserved water. It can be used for dishwashing, construction purposes, car washing, gardening, drinking, patio cleaning, or laundry. So, make sure to choose the right size of a water tank because purchasing a big tank won’t be a smart idea if your water consumption isn’t that much. 3. Use Or Purpose Of The Water Tank You should consider the usage of your water tank as well. For example, is it for commercial usage or domestic use like rainwater harvesting? If you’d like to place the tank under the ground, on the roof, or on the ground, you should keep such thoughts in mind for you to choose the right kind of water tank suited for your unique needs. 4. Durability There’s nothing more disappointing than investing in a low-quality water tank. It’s what happens, particularly when you don’t pay attention to how durable the water tank is. Since it can be hard to tell how durable it could be, check the client reviews. Many clients love talking about their experiences about a certain product, so make the most of your time reading them. 5. Material Of Construction Water tanks are available in a variety of designs and made with the use of different materials. A good water tank must be made with a material that won’t pose any health risks. Moreover, you must check the material’s strength. It must be strong enough to last for a long period of time to avoid any leakages. Some of the types of water tanks you can choose from are as follows: Bladder Tanks – While such don’t fit into your ideas of tanks, these can be perfect for under house applications or verandas. Fiberglass Tanks – Such tanks are a great option for the above-ground because they’re corrosion- and rust-proof, and can withstand high temperature. Metal Tanks – Made of coated steel or corrugated metal, such custom-made water tanks can be transported easily. Concrete Tanks – Usually, these tanks are built on-site and are best at keeping the water cool and preventing algae growth. Polyethylene Tanks – These plastic water storage tanks are durable and lightweight options, which are available in several sizes and colors. They may also be used both below and above ground, depending on your preferences. 6. Features Some modern water tanks may come with a level of sophistication to boost user experience. See to it that the container has outlet and inlet pipes, liquid level indicators, roof access manways, discharge nozzles, and so on. The manufacturer may also give you an idea of the features you may need. 7. Brand As you shop around online, you’ll find that there are many brands offering water tanks. But you have to take note that not all of them are reliable and may not be worthy enough to spend your hard-earned money on. If possible, check the reputation of the brand and if it has the quality certification to ensure that you’ll get nothing but a high-quality water tank. 8. Color You’ll see different colors of water tanks available in the market. When purchasing a water tank online, you’ll notice that a lot of colors would stand out, but it’s always a good choice to pick a neutral color. The color of the water tank must not be too light or too dark. The perfect color is deep blue as this color will let you see any impurities in the water, and it’s also less heat absorbent. It’s also much easier to clean in comparison to dark colors that won’t make any impurities visible. Conclusion It can be challenging and confusing at the same time when purchasing water tanks online because of the countless options available. But if you know what you need and you did a little research, you’ll be able to make the perfect choice that won’t give you any regrets in the long run regardless of your budget and needs. Read Also: Purchasing a Road Bike 8 Factors to Consider When Purchasing a Bed Liner for Your Truck Factors To Consider Before Purchasing An Amplifier 5 Things to Cross Check before purchasing a used iPhone

READ MOREDetails
Second-Hand

Things that Make Sense to Buy Second Hand

As the years go on, many people are becoming more open to the idea of buying things second-hand. People no longer want to go out to buy very expensive items for them to only last about a year. People want to spend their money wisely and have been leaning towards buying good quality items second hand rather than expensive low-quality newer items. As this craze has been picking up you may be surprised by what you can get second-hand. There is a whole world full of second-hand items that that you may not even be aware of, this article will show you some of the most surprising ones that will save you some money. Surprising Items that You Can Get Second-Hand: Ice Skates: One surprisingly expensive item is Ice Skates. If you are not a professional figure skater you may be surprised to hear that Ice Skates can be so expensive. For those who do skate, many people decide to seek out more cost-friendly options because of the high prices? These Ice Skates can be found at multiple second-hand stores and online. You may even find some ice skates that were never even worn, but if you do find some that have been worn, you have the bonus of not having to break them in! That will surely save you some blistering feet later in your skating life. Bowls: Another surprising thing that can be found second hand for a fair price is bowls. The company Bush Hill Bowls sells second-hand bowls that have stood the test on time and look very new. These second-hand bowls are a great option for people who do not want to spend too much money on new bowls. You can not only get a great deal but still, get great looking bowls that will last you for years to come. These second-hand bowls have a variety of different types and can also be divided between open and used in an open and not used. The bowls also come in many different colors and packages that you can choose from. You don’t even have to go to a second-hand store to find them. All of these bowls can be purchased online and delivered directly to your doorstep. Footballs: Another surprising thing that you can buy a second hand is footballs. You may stop and wonder, why on earth would you need to buy second-hand football? Well, there is actually a huge market out there that specializes in unique and never-before-seen footballs. These footballs can even include some from world cups and ones signed by famous players. These footballs are most likely just to use as a keepsake, rather than actually kicking hem around. These types of second-hand items are more for collectors whose hobby is seeking out and collecting these types of footballs. Hopefully, this article has introduced you into the yet to be explored the world of second-hand goods. This is just a quick look into the types of items that you can buy, there is really much more out there for you to explore! Read Also: How To Collect Vintage Items Honda Cars In Watertown NY: 8 Things To Check Before Buying A Second-Hand Car

READ MOREDetails
E-commerce Platform

Is AliExpress Legit? Here Is Everything You Need To Know About The E-commerce Platform

Online shopping can either be a dream or a nightmare! This is something that almost everyone will agree upon. Irrespective of that, many people are constantly asking one particular question— Is AliExpress legit? If you have been thinking about the same, you have found the right place for all your answers! AliExpress is a rather popular e-commerce platform among individual shoppers as well as wholesale customers who are looking for ways and products to expand their business. But there is always one factor that they are worried about. It is the safety of the platform. Keep reading this blog till the end to learn more… A Little Brief On AliExpress!   AliExpress is an online retail platform owned by Alibaba Group, a Chinese multinational conglomerate. It is known for being a marketplace where individuals and businesses can buy a wide range of products directly from manufacturers and sellers based in China and other countries. AliExpress presents an extensive selection of items, encompassing electronics, apparel, accessories, household items, toys, and a diverse range of products, frequently at competitive price points. Launched by Alibaba in 2010, AliExpress operates exclusively online, primarily offering Chinese-made merchandise. Its operational model is akin to eBay rather than Amazon: serving as a hosting platform where third-party enterprises vend their merchandise rather than engaging in direct product sales. Keep in mind that while AliExpress provides a convenient way to access a variety of products, buyers should exercise caution and do research, as the platform hosts numerous sellers, and the quality of products and services can vary. Is AliExpress Legit? Let’s Find Out!   Yes, AliExpress is a legitimate online retail platform owned by Alibaba Group, a well-established and reputable Chinese multinational conglomerate. AliExpress is recognized as a dependable platform for purchasing items at a more affordable cost compared to local alternatives. It operates under the umbrella of Alibaba Group, a well-established conglomerate with a strong emphasis on commerce and media. AliExpress offers customers the assurance of full refunds for products that are delivered in damaged condition, experience delays, or fail to arrive altogether. However, it's important to understand a few key points: 1. Variety Of Sellers   AliExpress hosts a wide range of sellers, including both reputable and less reliable ones. While many sellers offer genuine products and provide good service, a few may engage in questionable practices. 2. Quality And Authenticity   The quality and authenticity of products can vary. Some products may be of good quality and accurately represented, while others might not meet expectations. It's advisable to read product reviews and ratings from other buyers before making a purchase. 3. Shipping Times   AliExpress sellers are often based in different countries, which can result in longer shipping times. Be prepared for potential delays, especially if you're ordering internationally. 4. Communication   Communication with sellers might involve language barriers or differences in time zones. Some sellers may be more responsive and helpful than others. 5. Buyer Protection   AliExpress does provide certain buyer protections, including a refund policy if items don't arrive or are significantly different from what was described. Make sure to understand the terms of buyer protection before making a purchase. 6. Research And Caution   AliExpress can offer great deals, but thoroughly researching products and sellers is important. Look for sellers with high ratings, positive reviews, and a good track record. Why Is AliExpress So Popular?   AliExpress stands as a global online retail and wholesale platform, connecting customers to a vast array of over 100 million products crafted by Chinese manufacturers and merchants, all offered at remarkably competitive prices. This expansive marketplace encompasses an extensive spectrum of offerings, spanning categories like apparel, electronics, toys, and household appliances, establishing it as one of the most sought-after destinations for shoppers. In addition to its diverse product range, AliExpress furnishes essential services such as secure payment solutions and dedicated customer support, all meticulously designed to ensure a seamless and enjoyable shopping journey for patrons around the world. Within the realm of AliExpress, an unparalleled assortment of goods awaits, accompanied by price points that defy comparison. The platform's steadfast dedication to exemplary service and unmatched affordability has solidified the trust of countless individuals, making AliExpress a preferred choice for online retail therapy. There are several reasons for this platform to be famous and popular among consumers. Here are some of them that you need to take a look at: 1. Wide Variety Of Products   AliExpress offers an extensive range of products from different categories, allowing shoppers to find items they need or want, often at competitive prices. 2. Affordability   There are several products on AliExpress that are priced lower than what is typically found in local stores or other online platforms. This makes it an attractive option for budget-conscious shoppers. 3. Global Shipping   AliExpress provides international shipping options to various countries, making it accessible to a worldwide audience. This global reach is especially appealing to customers who might not have easy access to certain products locally. 4. Direct-From-Manufacturer Pricing   Buyers can often purchase products directly from manufacturers or wholesalers, bypassing intermediaries and potentially obtaining better prices. 5. Consumer Reviews   The platform allows buyers to leave reviews and ratings for products and sellers, helping others make informed purchasing decisions based on real experiences. 6. Ease Of Use   AliExpress offers a user-friendly interface and convenient shopping experience, making it easy for customers to browse, compare, and purchase products. 7. Flash Deals And Discounts   AliExpress frequently offers flash sales, discounts, and promotions, which can attract shoppers looking for deals and savings. 8. Seller Competition   With numerous sellers offering similar products, there's healthy competition that can lead to better prices and improved customer service. 9. Dropshipping And Reselling   AliExpress is a popular source for entrepreneurs and small businesses engaged in dropshipping or reselling, allowing them to access a wide range of products to offer their own customers. 10. Trends And Fashion   The platform often showcases trending and fashionable items, appealing to shoppers who want to stay current with the latest styles. It's important to note that while AliExpress offers many advantages, there can also be challenges, such as longer shipping times, quality concerns, and potential language barriers when dealing with international sellers. Shoppers are encouraged to research products and sellers, read reviews, and consider these factors before making purchases. Why Is Ali Express So Cheap?   Image Source If there is one reason why a lot of people ask, “is AliExpress legit,” it is because of the cheap price of the material they sell! In contrast to Amazon, the majority of vendors on AliExpress operate from China and acquire their goods directly from Chinese manufacturers. This strategy enables them to maintain lower expenses and provide complimentary or highly affordable shipping options. Does that mean Chinese manufacturers play a big role in cutting costs? YES! Chinese manufacturers play a vital role in AliExpress' triumph, providing a diverse array of top-notch products at remarkably affordable prices. Their ability to maintain minimal operating expenses empowers them to offer competitive pricing, positioning them as frontrunners in the ever-changing global market. A pivotal driver of their success is the seamless integration of cutting-edge technology, enhancing their efficiency and speed in production. Moreover, this advanced technology facilitates tailored customization, ensuring customers receive precisely what they desire. This unparalleled level of adaptability and personalization solidifies Chinese manufacturers as an integral component of AliExpress' supply chain, enriching the platform's shopping journey to an unmatched degree. Here are some other reasons that are responsible for the extremely low price on AliExpress: 1. Minimum Cost Of Supplies And Raw Material   A key factor that contributes significantly to the affordability of AliExpress is the economical sourcing of raw materials and supplies. This is largely a result of the Chinese government's commitment to facilitating competitive pricing for suppliers when acquiring necessary materials. Additionally, there's a prevalent practice of procuring raw materials locally, which effectively cuts down operational expenses. China's considerable scale enables the cost-effective mass production of specific items, thereby driving down overall manufacturing costs. These collective elements culminate in providing AliExpress shoppers with access to more budget-friendly products, affording them the advantage of reduced prices compared to alternative options. 2. Lost Labor Cost   AliExpress offers products at exceptionally affordable prices, primarily due to the advantage of utilizing low-cost labor in China. As the globe's most populous nation, China boasts an extensive labor force accessible at a fraction of the expense incurred by hiring labor in other advanced economies. This is particularly appealing to businesses aiming to curtail expenses while bolstering profits. Chinese workers are celebrated for their unwavering commitment and diligent work ethic. Often investing extended hours for comparatively modest wages, they expedite and optimize the production process. Consequently, this practice fosters a competitive pricing environment for commodities and services on AliExpress, establishing it as the preferred destination for cost-conscious shoppers worldwide. Furthermore, Chinese laborers are renowned for their meticulous attention to detail and steadfast commitment to quality, guaranteeing that merchandise available through AliExpress adheres to the most stringent quality benchmarks. 3. Production In High Volume   Maintaining affordable prices on AliExpress hinges on high-volume production. Manufacturers employ advanced production machinery to create goods in large quantities, boosting efficiency and output. This approach saves time and lowers costs, benefiting customers with reduced prices. Furthermore, the expansive array of suppliers within China's burgeoning market adds to product competitiveness and affordability. Businesses can tap into multiple suppliers and optimize their purchasing influence to find cost-efficient production solutions. How To Avoid Fraud On AliExpress?   While AliExpress is a legitimate platform, due diligence is necessary when making purchases on your part. You must carefully review product details, seller ratings, and buyer reviews to ensure a positive shopping experience. Following these guidelines and using common sense can minimize the risk of encountering fraud or counterfeit products while shopping on AliExpress. To avoid fraud when shopping on AliExpress, consider these tips: 1. Choose Reputable Sellers   Always search for sellers who have positive reviews, high ratings, and a good track record. Trusted and established sellers are more likely to provide genuine products and reliable service. 2. Read Product Descriptions   Carefully read the product descriptions, specifications, and reviews to ensure that the item matches your expectations and needs. 3. Check Seller Feedback   Review the feedback and ratings left by other buyers for the seller. This can give you insights into the seller's reliability and customer service. 4. Look For Verified Badges   AliExpress offers verification badges for certain sellers, indicating that they have met certain criteria. These badges can help you identify trustworthy sellers. 5. Avoid Unrealistic Prices   If a deal seems too good to be true, it might be. Be cautious of extremely low prices, as they could indicate counterfeit or substandard products. 6. Communicate With Sellers   Before purchasing, communicate with the seller to ask questions about the product, shipping times, and any other concerns you may have. Pay attention to their responsiveness and professionalism. 7. Check Shipping Details   Understand the estimated shipping times and delivery methods offered by the seller. Be aware that international shipping might take longer. 8. Use Secure Payment Methods   Payment methods, such as credit cards or PayPal, are secure. These offer buyer protection and the ability to dispute charges in case of a problem. 9. Avoid Sharing Personal Information   Be cautious of sellers who request personal information beyond what is necessary for the transaction. 10. Report Suspicious Activity   If you encounter suspicious or fraudulent activity, report it to AliExpress customer support immediately. 11. Educate Yourself   Familiarize yourself with AliExpress's terms of use, buyer protection policies, and dispute resolution process. Knowing your rights as a buyer can help you navigate any issues that may arise. 12. Check Local Customs Regulations   If you're ordering internationally, be aware of your country's customs regulations and potential import duties or taxes. Bottom Line: AliExpress Is Completely Legit, But Choose Wisely!   AliExpress welcomes users from diverse global regions and provides its website and smartphone apps in a range of languages, including English, Portuguese, Russian, French, Spanish, Italian, German, Dutch, Thai, Japanese, Korean, Vietnamese, Polish, Hebrew, Turkish, and Arabic. If you were seeking information about the answer to “is AliExpress legit,” I believe that this article has provided the answers you were looking for. Please don't hesitate to reach out if you have any other inquiries on the same topic. Simply scroll down to the bottom of the page, share your comments and suggestions in the provided box, and I'll be available to address them. Learn More About: 8 Best Shopping Apps for 2023 The Benefits of Real-Time Monitoring of Goods 3 Things You Should Know About Personalized Shopping Bags

READ MOREDetails