Articles & Tutorials

"Exclusive to Bright-Minded Ecommerce & DTC Entrepreneurs."

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Channel Talk
June 30, 2023

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Articles & Tutorials

In this conversation, Liz shares her journey of overcoming multiple cancer diagnoses and the challenges she faced. She explains how her personal experiences inspired her to create a care package business called Balm Box. Through market research, Liz discovered a demand for practical items for cancer patients, leading her to adjust her product offerings and pricing.

Billionaire entrepreneurs and foreign firms are targeting China's AI technology rival, with Wang Xiaochuan contributing $15 billion in spending this year. China's landscape differs from the US, but the gap is narrowing, with Chinese AI venture deals outpacing consumer tech in 2022 and early 2023.

Visa acquires Brazilian payments infrastructure startup Pismo for $1 billion, marking one of the largest fintech M&A deals this year. Pismo processes 50 billion API calls and $40 billion in transaction volumes.

Cloudinary's New Ventures initiative focuses on sustainable competitive advantage in visual media. FinalTouch, a generative AI solution, transforms generic product images into brand-friendly scenes for small e-commerce brands, achieving a 203% ROI.

Semiconductor stocks are down due to US government restrictions on exporting advanced chips to China, potentially impacting revenue. Big tech companies face challenges in obtaining licenses to export chips to China.

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Food for Thought

Up-fuse, founded by Lama El Khawanky and Yara Yassin, is a UAE-based slow fashion brand that recycles plastic waste into eco-conscious products. The brand has recycled over one million bags, bottles, and tires since 2013. Consumers can support the circular economy by purchasing slow fashion, adopting a mindful approach, and embracing second-hand items.

AWS, the cloud computing leader, faces competition from Microsoft in the generative AI market. Despite concerns about misuse and intellectual property rights, AWS prioritizes data security, AI infrastructure, and renewable energy by 2025.

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Featured Brands

Revolve Group, a competitive apparel company, leverages social media influencers to target Gen Zers and millennials. Despite growth slowdowns, Revolve remains profitable with $14.2 million in net income and $280 million in revenue.

Rokt, a machine learning-powered ecommerce technology, partners with Mercari and Newegg Commerce to drive customer lifetime value and revenue on their ecommerce sites. Mercari innovates to simplify exchanges, while Newegg Commerce offers marketing, supply chain, and technical solutions.

MyFBAPrep optimizes eCommerce logistics with 50 global fulfillment centers, reducing shipping costs and enabling D2C and FBM businesses to reach customers within two business days.

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Hacks & Tools

Fishbowl is the first no-cost online inventory management software to integrate with QuickBooks Online, enabling barcode scanning, inventory addition, cycle counts, unit assignment, and inventory storage locations.

A survey maker automates survey creation, design, distribution, and analysis using various features and options, streamlining the process for users.

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