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Share to Twitter Share to Linkedin 75% of DTC brands plan to have subscription-based offerings this year. It’s wise to jump into the digital subscription economy early, considering the industry is predicted to reach a market size of $1.5 billion by 2025. Therefore, it comes as no surprise that Smartrr , Shopify's first-of-its-kind subscription app, is receiving attention from Shopify users. DTC brands can choose from Smartrr's options for a program tailored to their brand and products while tapping into customizable subscription programs, a branded customer account portal, and more. Gabriella Tegen, Smartrr’s Co-Founder and CEO, grew up immersed in her family’s real estate business. However, while living in Tel Aviv, she became fascinated with the city's flourishing startup culture. Eventually, she found a way to combine her experience and interests, working in the prop-tech sector as a media and sales coordinator. In this role, she developed a … [Read more...] about How This Female Founder Is Making A Splash In The Subscription Ecommerce Space

When Silicon Valley Bank failed earlier this month , it sent a shot across the banking sector’s bow—and a message to investors and depositors that the financial sector may be taking on water. In response, alternative banks and financial technology companies are easing fears by increasing FDIC insurance for depositors. Mercury, a fintech company that offers banking services through its partners, Choice Financial Group and Evolve Bank & Trust, recently announced to its customers that it was offering depositors additional FDIC insurance, up to a maximum of $5 million, well above the traditional $250,000 limit. In an email, Mercury’s team said that the way the company was able to “offer customers this expanded FDIC coverage is through our partner banks’ sweep networks, which spread customer deposits across a network of established FDIC-insured program banks.” The list of banks includes Wells Fargo, Goldman Sachs, and Morgan Stanley. In effect, Mercury is giving … [Read more...] about After SVB’s collapse, banks and fintechs look to beef up FDIC insurance

Kyobo Life Insurance CEO Shin Chang-jae [KYOBO LIFE INSURANCE] Kyobo Life Insurance CEO Shin Chang-jae was appointed as a laureate by the New York-based International Insurance Society (IIS) on Wednesday. Shin was appointed as the 2023 Insurance Hall of Fame Laureate. Kyobo Life is the country’s third largest insurer in terms of assets. Shin “embodies the spirit of the Insurance Hall of Fame through his change management, visionary leadership and people-first approach,” said Josh Landau, president of the IIS. His “commitment to leading with love, affection and respect for all human life based on stakeholder relationship management has established Kyobo as one of Korea’s most successful insurers and a pioneer in ESG sustainability initiatives,” said James Vickers, chair of the IIS Honors program. ESG stands for environment, social and governance. The Insurance Hall of Fame recognizes leaders who have made a broad, encompassing and lasting contribution to the insurance … [Read more...] about Kyobo Life Insurance CEO appointed laureate by International Insurance Society

Share to Twitter Share to Linkedin The Sweet 16 is here. The stakes for each team are high; and for each athlete competing, it’s a rare chance to raise your profile and attract new NIL deals. “Reaching the Sweet 16 and excelling as an underdog or star player can be a lucrative opportunity for college athletes,” said Bob Lynch, Founder and CEO of SponsorUnited . “In last year’s tournament, 40% of the highest performing 25 players secured new endorsement deals during or shortly after the tourney.” According to newly released data, the NIL trends are shifting dramatically. From January 1, 2022 through March 1, 2023 : 30 different brands activated with college athletes around social and sustainability causes, up from 13 the year before. Pepsi’s #PepsiTrashTalk campaign attracted a dozen football player who promoted the campaign around plastics recycling; The most active brands involving individual athletes (male and female) as measured by … [Read more...] about Lucrative NIL Opportunities Await Basketball Players Competing In The Sweet 16

Share to Twitter Share to Linkedin Fragrance is as signature to a person as their fingerprint, and it’s no secret that the strongest memories we have as humans are tied to scent. Which is why celebrating International Fragrance Day by highlighting some incredible fragrance brands is an exciting way to pay homage to the value of scent in our lives. After all, the nose knows. THE ART OF SEDUCTION Parisian Kilian Hennessy broke away from his 8th generation status in his family’s cognac business (yes, that one) and instead tapped into his olfactory talent and love of night life and music to launch Kilian Paris almost 15 years ago. He brings his brand to life through a mixture of Parisian je ne sais quoi , fantasy nocturnal adventures, cocktail recipes inspired by his scents, and even Spotify playlists all designed to share his vision of seduction. Although, it’s hardly all show and no tell when it comes to Kilian fragrances. Considered to be amongst the … [Read more...] about The Best Fragrance Brands To Love This International Fragrance Day

Share to Twitter Share to Linkedin Terry Eaton is the founder, president and chief curator of Eaton Fine Art . He’s has collaborated with some of the world’s most prestigious hotels to guide their art programs, including The Cosmopolitan in Las Vegas, The Palace Hotel in San Francisco and The Four Seasons Los Angeles in Beverly Hills. Terry Eaton of Eaton Fine Art Eaton Fine Art Eaton, along with his husband who is also his business partner and The Eaton Team “infuse creative soul into guest rooms and public spaces alike” with their mastery of art. They serve as the premier innovative art resource for developers, brand leaders, interior designers and purchasing agents producing the art programs for hospitality and healthcare-related projects in the US and internationally. On this episode of Queer Money ® , Eaton shares how he turned his passion into a thriving business and advice for today’s budding queer entrepreneurs. … [Read more...] about How Terry Eaton Turned His Passion Into A Thriving Business

Share to Twitter Share to Linkedin Today marks the start of Ramadan 2023. There are an estimated 3.85 million practicing Muslims in America, and this number is growing rapidly. Pew Research Center data projects that the number will reach 8 million by 2050 , at which point Islam could emerge as the second-largest religion in the U.S. In Muslim culture, the month of Ramadan is a heightened spiritual time of year, during which people fast during the day and come together in spiritual community and to enjoy celebratory meals at night. Muslims consume products that are halal, which means they are free of certain ingredients, such as alcohol and pork, and that the meat is sourced and processed in a specific way. Globally, the halal market is expected to reach $3 trillion in 2023 . The halal label can apply not just to food, but also cosmetics and pharmaceuticals. By offering halal products, brands can not only appeal to the Muslim population, but also … [Read more...] about Why More Brands Are Offering Halal Products

Share to Twitter Share to Linkedin The streaming wars have reached another momentous milestone in their post-Covid adjustment period. The services are anxiously wondering if ad-supported tiers can spur the growth streamers have hoped to reignite. The answer appears to be a cautious yes—at least if the first ad tier subscription numbers from Netflix NFLX are any indication. According to a report, the streamer hit 1 million active users for its ad-supporter tier in its second month. It showed tremendous month-over-month growth, expanding by 500%. Equally important to Netflix, the delivery met the baseline promised to advertisers on the new service, meaning no need to serve up makegoods (free ads to balance out underdelivery of commercials). It’s a significant achievement for Netflix, which suffered its first year-to-year subscriber drop in over a decade in 2022. But perhaps more significantly, it signals a potentially seismic shift in the streaming … [Read more...] about Netflix’s 1 Million Users Prove Ad-Supported Tiers Are Future Of Streaming

Share to Twitter Share to Linkedin Nearly six months after the launch of their ad supported tier, Netflix NFLX is gaining momentum. The largest streaming video provider had one million ad supported subscribers in the U.S. within the first two months. Netflix has also begun to make their advertising guarantees to Madison Avenue. After lukewarm reviews, the streamer is reportedly looking to upgrade their ad server capabilities. Netflix advertisers are also now protected from fraud, invalid traffic and providing viewer verification, issues that have plagued digital media. After a slow start Netflix ad tier has been gaining traction with U.S. subscribers. After analyzing their internal data, Bloomberg reported in its first two months, Netflix had one million active users. Before its launch, Netflix had projected 1.1 million by year end 2022 increasing to 13.3 million by the third quarter 2023. Industry analysts project Netflix could eventually wind up with … [Read more...] about Netflix Ad Supported Tier Is Getting Traction

Share to Twitter Share to Linkedin Having designed and presented limited edition and bespoke jewels for Kaviar & Kind and Roseark, two Los Angeles boutiques that she co-founded, Kathy Rose is opening a new chapter in spring 2023. Her latest venture, called Argyle & Valentine , is an online and physical concept store powered out of respect for nature and love of human art and artisanship. Fueled by Rose’s appreciation for rare, handmade luxuries, the company title is derived from her children’s middle names. “Our vision and mission,” she explained in a telephone interview, “is to offer limited edition and one-of-a-kind treasures that embody organic materials, refined artisanship, unparalleled beauty, energies and techniques brought to life by independent designers and makers. Argyle & Valentine presents creations by artisans and fine artists that are unavailable anywhere else.” While Argyle & Valentine launched on March 20, … [Read more...] about Designer Kathy Rose Launches Argyle & Valentine Limited Edition, Los Angeles-Based Jewelry And Lifestyle Brand