Tuesday, August 6, 2019

Europe Prepaid Cards Business and Investment Opportunities Databook 2019 - Yahoo Finance

Europe Prepaid Cards Business and Investment Opportunities Databook 2019 - Yahoo Finance


Europe Prepaid Cards Business and Investment Opportunities Databook 2019 - Yahoo Finance

Posted: 06 Aug 2019 04:15 AM PDT

DUBLIN, Aug. 6, 2019 /PRNewswire/ -- The "Europe Prepaid Cards Business and Investment Opportunities - Market Size and Forecast (2014-2023), Consumer Attitude & Behaviour, Retail Spend, Market Risk" report has been added to ResearchAndMarkets.com's offering.

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This offering is a bundled offering, combining 15 countries (Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Poland, Norway, Spain, Switzerland, United Kingdom).

According to this research, the prepaid card market (value terms) in Europe increased at a CAGR of 15.1% during 2014-2018. Over the forecast period of 2019 to 2023, the market is expected to record a CAGR of 11.1%, increasing from US$ 287.9 billion in 2019 to reach US$ 438.2 billion by 2023.

Each country report provides a detailed data centric analysis of prepaid card market along with consumer behaviour and retail spend dynamics. With over 150 KPIs at country level, each report provides comprehensive understanding of prepaid card market dynamics.

  • Market dynamics: Provides a comprehensive view on size and structure, industry dynamics, market trends, consumer attitude and behaviour, and competitive landscape in prepaid card industry in Europe.
  • Open loop and closed loop: market estimates and forecasts to assess opportunities in open loop and closed loop prepaid market segments. Details four essential KPIs - number of cards in circulation, number of transactions, load value, and value of transactions.
  • Open loop prepaid card categories: Identifies potential risks, consumer adoption, and market size across 11 market segments in open loop prepaid cards for the period 2014-2023. These include gift, business & administrative expense, payroll, meal, employee / partner incentive, travel forex, general purpose, remittance, teen and campus, social security and other government benefit programs, insurance claims.
  • Closed loop prepaid card categories: Identifies potential risks, consumer adoption, and market size across 10 market segments in closed loop prepaid cards for the period 2014-2023. These include gift, healthcare and wellness, consumer incentives, employee / partner incentives, entertainment and gaming, teen and campus, social security and other government benefit programs, transit and tolls, and fuel, utilities, and others.
  • Benchmarking and risk index: Benchmarks the prepaid card industry in the country with key global markets along with risk assessment through the Prepaid Cards Industry Risk Index (PCIRI).
  • Consumer attitude and behaviour: Drawing from proprietary survey results, this report identifies and interprets key prepaid KPIs, including spend by age, gender, and income level. In addition, it provides an overview of how consumers are currently using prepaid cards across five key categories - travel, bill payment, retail spend, cash withdrawal, and P2P transfers. It also provides a breakdown by transaction size.
  • Retail spend: Breaks down retail spend across 11 categories to provide detailed insights on consumer behaviour and changing dynamics of prepaid card spend.

Included in the Report

  • Europe Gift card spend analysis: Market size and forecast by functional attribute (open loop and closed loop) and by consumer segments (retail, small scale business, mid-size business, and enterprise business). Also, breaks down the market size by consumer behavior, covering gifting occasion, card type (paper, plastic, digital), and market share by retail categories.
  • Europe Business & administrative expense card spend analysis: Market size and forecast at category level and by consumer segments (government, small scale business, mid-size business, and enterprise business).
  • Europe Payroll card spend analysis: Market size and forecast at category level and by consumer segments (government, small scale business, mid-size business, and enterprise business).
  • Europe Meal card spend analysis: Market size and forecast by consumer segments (government, small scale business, mid-size business, and enterprise business).
  • Europe Healthcare and wellness card spend analysis: Market size and forecast at category level.
  • Europe Consumer incentive card spend analysis: Market size and forecast at category level and by consumer segments (government, small scale business, mid-size business, and enterprise business).
  • Europe Employee / partner incentive card spend analysis: Market size and forecast at category level and by functional attribute (open loop and closed loop) and by consumer segments (government, small scale business, mid-size business, and enterprise business).
  • Europe Travel forex card spend analysis: Market size and forecast by consumer segments (retail, government, small scale business, mid-size business, and enterprise business).
  • Europe General purpose card spend analysis: Market size and forecast at category level and by consumer segments (banked and underbanked / unbanked).
  • Europe Remittance card spend analysis: Market size and forecast at category level.
  • Europe Teen and campus card spend analysis: Market size and forecast at category level and by functional attribute (open loop and closed loop).
  • Europe Social security and other government benefit program cards spend analysis: Market size and forecast by functional attribute (open loop and closed loop).
  • Europe Insurance claim card spend analysis: Market size and forecast at category level.
  • Europe Entertainment and gaming card spend analysis: Market size and forecast at category level.
  • Europe Transit and toll card spend analysis: Market size and forecast at category level.
  • Europe Fuel, utilities, and other cards spend analysis: Market size and forecast at category level.

For more information about this report visit https://www.researchandmarkets.com/r/90k6oj

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/europe-prepaid-cards-business-and-investment-opportunities-databook-2019-300897030.html

Middle East and Africa Gift Cards and Incentive Cards Market Intelligence Report 2019: Analysis of Business and Retail Consumer Spending Pattern, Attitude & Behaviour 2014-2023 - Yahoo Finance

Posted: 06 Aug 2019 03:30 AM PDT

DUBLIN, Aug. 6, 2019 /PRNewswire/ -- The "Middle East and Africa Gift Cards and Incentive Cards Market Intelligence - Market Size and Forecast (2014-2023), Analysis of Business and Retail Consumer Spending Pattern, Attitude & Behaviour" report has been added to ResearchAndMarkets.com's offering.

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This offering is a bundled offering, combining 9 countries (Egypt, Iran, Israel, Kenya, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates).

Each country report provides a detailed data centric analysis of gift cards and corporate incentive cards market along with consumer behaviour and retail spend dynamics in Middle East and Africa. With over 150 KPIs at country level, these reports provides comprehensive understanding of gift and incentive card market dynamics.

  • Gift cards: Drawing from proprietary survey results, the country reports provide in-depth analysis of opportunities in both open loop and closed loop prepaid gift card categories. Assesses consumer behaviour by type of consumer (retail and corporate - SMB, Mid-Tier, Large Enterprise), gifting occasion, digital gift card type, and market share by retail categories.
  • Details six essential KPIs: number of cards in circulation, load value, unused value, average purchase value, average value per transaction, and value of transactions.
  • Corporate incentive & loyalty cards: Each country report provides detailed market dynamics of corporate incentive cards, broadly segmented in four categories - consumer incentive card, employee incentive card, sales incentive card, and festival & other. It details market size and forecast at category level, by functional attribute (open loop and closed loop), and by corporate consumer segments (small scale business, mid-size business, and enterprise business).
  • Digital gift card analysis: Provides market size and forecast for digital gift cards, broken down by retail and corporate buyers and by occasion.
  • Open loop and closed loop: Provides market estimates and forecasts to assess opportunities in open loop and closed loop gift and incentive card segments across consumer segments.
  • Consumer attitude and behaviour: Drawing from proprietary survey results, this report identifies and interprets key prepaid KPIs, including spend by age, gender, and income level. In addition, it provides an overview of how consumers are currently using gift cards across key retail sectors.
  • Retail spend: Breaks down retail spend across 12 categories / sectors to provide detailed insights on consumer behaviour and changing dynamics of gift card spend.
  • Market share by retailer: Provides market share of closed loop gift cards by key retailers.

Report Scope

Gift Card Market Size by KPIs across Consumer Segments in Middle East and Africa

  • Gross Load Value
  • Transaction Value
  • Unused Value
  • Average Value Per Transaction
  • Transaction Volume
  • Average Value of Card Purchased
  • Number of Cards

Gift Card Market Size by Consumer Segment in Middle East and Africa

  • Retail Consumer
  • Corporate Consumer (Small Scale, Mid-Tier, Large Enterprise)

Digital Gift Card Market Size in Middle East and Africa

  • By Retail Consumer
  • By Retail Purchase Occasion
  • By Corporate Consumer
  • By Corporate Purchase Occasion

Gift Card Market Size by Retail Consumer in Middle East and Africa

  • By Functional Attribute
  • By Occasion
  • Value by Purchase Channel

Gift Card Spend by Retail Sector (Split by Retail and Corporate Consumers) in Middle East and Africa

  • Health & Wellness
  • Travel
  • Apparel
  • Electronics
  • Fine Dining Restaurant
  • Department Store
  • Supermarket
  • Specialty Retail Store
  • Discount Store
  • Gas Station or Convenience Store
  • Fast Casual Restaurant
  • Entertainment
  • Other

Gift Card Spend by Consumer Behavior and Demographics in Middle East and Africa

  • Consumer Purchase Behaviour
  • Gift Card Buyer by Age Group
  • Gift Card Buyer by Income Level
  • Gift Card Buyer by Gender

Gift Card Market Size by Corporate Consumer in Middle East and Africa

  • By Functional Attribute
  • By Key Segments

1. Employee Incentive
2. Sales Incentive
3. Consumer Incentive
4. Festival & Other

  • By Scale of Business
  • Budget Allocation Trend for 2019

Employee Incentive Gift Card Market Size in Middle East and Africa

  • By Functional Attribute
  • By Scale of Business

Sales Incentive Gift Card Market Size in Middle East and Africa

  • By Functional Attribute
  • By Scale of Business

Consumer Incentive Gift Card Market Size in Middle East and Africa

  • Overall
  • By Scale of Business

Festival & Others Gift Card Market Size in Middle East and Africa

  • By Functional Attribute
  • By Scale of Business

For more information about this report visit https://www.researchandmarkets.com/r/7f7ssc

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/middle-east-and-africa-gift-cards-and-incentive-cards-market-intelligence-report-2019-analysis-of-business-and-retail-consumer-spending-pattern-attitude--behaviour-2014-2023-300897012.html

How to Make a Business Decision - Business.com

Posted: 06 Aug 2019 06:41 AM PDT

Starting a business is a major feat that comes with endless decisions. Many small business owners find themselves paralyzed in decision-making phases of their businesses, so it is important to employ various strategies to help you successfully make the right choice.

Business decisions must be made starting at the ground level, like knowing if your business idea is good enough and choosing the right business name, all the way through the lifespan of your business. Having board members or a decision committee on your team can help with the process, but if you're a solopreneur, you'll make tough choices on your own.

Whichever route you go, Logan Allec, CPA and owner of personal finance site Money Done Right, recommends always, at the very least, having a reliable person to act as your sounding board.

"The biggest thing business owners need is a reliable sounding board, someone who they can talk through difficult decisions with that they know will listen and give them advice," said Allec. "It is important that a business owner's sounding board is honest, because honesty will ensure that the business owners are making the right choices in difficult situations." 

In addition, Allec recommends that business owners always trust their instincts when it comes to making tough decisions. You might be wondering whether you should just make the decision and stick to it. Should you test different options? Should you use statistics to make a business decision or implement a multistep process? The answer to these questions depends on what type of decision you are making. 

How do you make business decisions?

Jon M. Quigley, founder of the training and consulting agency Value Transformation LLC and author of several management books, recommends using a testing approach that allows you to figure out important parameters and evaluate them accordingly.

Quigley suggested using this multistep process for effective decision-making:

  1. Identify the business decision that needs to be made.
  2. Gather data and study what you find.
  3. Identify the important parameters for the decision.
  4. Identify alternative approaches.
  5. Assess the alternative approaches.
    1. Use one of the many decision-making tools and techniques available.
    2. Devise trials and experiments to learn which option is better.
  6. Identify metrics that inform the viability and veracity of the decision made.
  7. Invoke the actions and make the decision.
  8. Monitor progress or state of the decision.
  9. Review the results.

This is a general guideline to follow for making informed decisions; there are other strategies and variations that you can incorporate as well. For example, you can use different forms of testing. You can either repeatedly test on a small scale to see its effect before implementing on a larger scale, or you can A/B test, which consists of testing two different methods at the same time. Quigley said to explore these methods with small, inexpensive, trial-run experiments.

"[Creating] a small prototype run of a product that has the key features to allow the company, and perhaps key customers, to examine and use the product and give feedback on will aide in the decision-making," said Quigley. "Low-cost exploration can help us understand the true things that matter in the decision."

When you are in the research phase of making a business decision, learn from your past achievements and failures, see what competitors are doing and possibly even survey your consumers.

It is also a good idea to seek the advice of relevant experts, trusted colleagues and other business owners. They can help you obtain an objective opinion that is clear of your own biases and judgements, and they can play devil's advocate to help you see the pros and cons of each scenario. If you are unsure whom to turn to, Allec suggests finding a mentor from a chamber of commerce group.

"There are many experienced and well-connected business owners who are members of their local chamber of commerce who would love to help business owners with decisions they are unsure of," said Allec.

For certain business decisions, you might be able to play out a reverse outcome scenario. Start with your desired outcome and work backward to see what steps need to be taken to get there. Some decisions that don't have a monumental impact on the company can be made with the "just do it" mentality.

Regardless of what decision you make, it is important to stick with it. Feel confident in your choice, and don't look back. If you have taken the proper steps to make the decision, don't second-guess yourself. Give your decision time to make an impact, and then re-evaluate the results.

What are good decision-making skills?

Every entrepreneur will face a challenging decision at least one time in their career. There are several skills and traits you can develop, though, to become adept at accurately judging the situation and making wise decisions. If you already possess these decision-making skills, even better.

Quigley and Allec believe the skills and qualities below are the most beneficial for making decisions:

  • Analytical
  • Articulate
  • Capable of making crucial decisions
  • Objective
  • Communicative
  • Consultative and receptive to feedback
  • Critical thinker
  • Mathematical (e.g., Excel modeling skills)
  • Planning and time management
  • Research and data collection

It is also important to know and accept that your decision might not please everyone, and that's OK.

Common business questions and decision techniques

We posed five common questions entrepreneurs and business owners face to Allec to see which strategies he would use to make a proper and thoughtful decision.

Q: What business should I start?

A: Research – find out about the demographics of your community, and survey the different groups to figure out their interests. Find out what businesses already have an established market or which markets are very competitive so you know in advance.

Q: How do I know if my business idea is good enough?

A: Communication – ask friends, family and business leaders in the community about the idea. Coherently describe and detail the idea, read it out loud (and to another person), and make sure everything sounds correct and complete.

Q: Should I quit my full-time job? 

A: A cost-benefit analysis would be best, because it involves calculating how much money would be lost versus the social capital gained from starting a business. A plus/delta chart would also be helpful, as business owners could analyze the areas that are positively affected by quitting and what changes would occur. Putting your thoughts on paper helps process the reality of a decision.

Q: Is this the right [X] to buy? 

A: Information and data gathering – investigate the market and find out what other companies are using [X], or find out what companies are using in place of [X]. Acquire [X], and gather the data of whether it works for you or not.

Q: Should I franchise my business? 

A: Consult with other business owners, employees and, most importantly, an attorney. Big decisions with cross-state legal implications and changes require expert advice. 

Some business decisions may seem more obvious than others, but it is important to consider your options and weigh the benefits versus the consequences. Trust your instinct, consult with others, and do what is best for your business.

"The most important thing business owners and entrepreneurs should remember is to always trust their instinct but never to take any constructive criticism about their ideas personally," said Allec. "If a business owner or entrepreneur wants to be successful, they will learn that they may not always have the best idea."

World-class training for SA small-scale poultry farmers - Farmer's Weekly

Posted: 06 Aug 2019 05:07 AM PDT

World-class training for SA small-scale poultry farmers

Hundreds of small-scale broiler and layer hen farmers across South Africa are benefitting from training provided through collaboration between international and national organisations and experts.

The training, which forms part of a World Poultry Foundation (WPF) programme supported by grants from the US government, has been upskilling the farmers in the critical aspects of new business, farm and financial management.

Award-winning South African poultry mentor, Mzwandile Duma, has been tasked by local training programme facilitator, Franchising Plus, to share his knowledge with close to 100 small-scale poultry farmers in KwaZulu-Natal and the Free State as part of the WPF's nationwide initiative.

He told Farmer's Weekly that this training was the next step in the farmers' development.

"The farmers already know how to raise chickens and to produce eggs well. A common problem among them, though, is that they do not keep records of their production expenses and their income so they do not know if they are making or losing money. The training that they are being given now is intended to fix this problem," Duma explained.

He said the business and financial management training was intended to make the operations of the small-scale poultry farmers sustainable into the future. Improved enterprise management would allow those farmers who wanted to, to expand their existing broiler or egg production.

Duma added: "After the farmers are given their theoretical training, mentors like myself visit each farmer individually to personally assess their business and to give them recommendations and practical advice at the production site.

"I believe that this training programme is already successful, but that each farmer will need ongoing intervention and support for at least a year to make sure that they stay on the right track."

The training beneficiaries also needed ongoing reminders that they were more than capable of being successful poultry farmers and that they needed to believe in themselves and their skills, Duma said.

The training programme, which began in 2018 and is expected to end later this year, is also being supported by the US Department of Agriculture and by other South African entities, including the Department of Agriculture, Land Reform and Rural Development, the KZN Poultry Institute, and the Future Farmers Foundation, of which Duma is a graduate.

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