Online retail start-ups vie for shoppers’ attention on Amazon Prime Day

Homesick candles

Source: Homesick

For retailers looking to compete with Amazon around its annual Prime Day event, it’s not all about offering deep discounts to catch customers’ attention on the internet.

Start-ups like Warby Parker, Allbirds, Outdoor Voices and Everlane rarely offer promotions. Many of these companies have built their businesses online around a playbook that essentially says: We will never go on sale.

“As a brand, we don’t have sales,” said Brian Berger, CEO of the direct-to-consumer men’s sweatpants maker Mack Weldon. “We have a permanent loyalty program. … And that gets us out of the cycle of having to think about promotions and retraining customers in a way we wouldn’t want them to behave. We want them to shop whenever they want.”

Instead, around Prime Day and through this holiday season, Berger said, Mack Weldon will be boosting its marketing efforts, especially on social media. The brand launched

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UAE Business Leaders Introduce Emirati Startups to Israelis at OurCrowd-Emirates Angels Event

JERUSALEM & ABU DHABI–(BUSINESS WIRE)–Oct 13, 2020–

OurCrowd, the world’s largest global venture investing platform and Emirates Angels Investors Association, the leading Emirati angel investment network, today held an online event which gave Israeli investors and entrepreneurs their first glimpse of the tech opportunities available in the United Arab Emirates. UAE Tech Investment Landscape: Introduction for the Israeli Ecosystem, broke records with over 2,000 registrants who were able to hear from some of the Emirates’ top business leaders and officials talking directly to Israelis for the first time.

H.E. Dr. Tariq Bin Hendi, Director General of the Abu Dhabi Investment Office and Abdullah S. Al Naboodah, chairman of the Al Naboodah Investment Company in Dubai and a member of one of the UAE’s most prominent and successful business families, headlined the broadcast. A special greeting was included from Dhaher bin Dhaher Al Mheiri, CEO, Abu Dhabi Global Market.

“We’re really

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Experts explain how Trump’s new H-1B visa rules hurts startups

  • The Trump administration announced new rules this week for the coveted H-1B visa program, which authorizes high-skilled foreign workers to work in the US.
  • The changes include higher wage requirements for H-1B employees.
  • Tech companies of all sizes rely heavily on the H-1B program to recruit top talent globally yet those wage requirements pose distinct challenges for cash-strapped, early-stage startups, experts say.
  • “The tragic thing here is that it means that it’s going to be more expensive for new, innovative startups to be formed,” said Sophie Alcorn, a founding partner at Alcorn Immigration Law.
  • Visit Business Insider’s homepage for more stories.

The Trump administration this week announced big changes to the coveted H1-B visa program, which allows high-skilled foreign workers to be employed in the US. Among the most significant of the changes are higher wage requirements for H-1B workers, which could even force some companies to pay foreign employees

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How Katherine Power grew startups with over $60 million in funding

  • Katherine Power is the CEO behind Who What Wear, the fashion and lifestyle site that in 14 years has grown into a digital media and fashion brand with over 3.4 million followers on Instagram. 
  • She’s also founded two more companies, Versed skincare and Avaline, the “clean wine” brand she cofounded with best friend Cameron Diaz.
  • Power’s three brands have collectively raised over $60 million in funding. 
  • Power says three strategies have been fundamental to her success, including mindful leadership and focus on profitability.
  • Visit Business Insider’s homepage for more stories.

There are challenges to starting a business that any entrepreneur might find intimidating.  

But for Katherine Power, challenges are what keep things interesting. “I enjoy problem-solving, it’s almost a creative outlet for me,” she told Business Insider. 

Power is the startup guru behind Who What Wear, the fashion blog born in 2006 that over the last 14 years has ballooned

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What Services Do Startups Need When Forming a Business?

Starting and growing a business requires hard work and many sacrifices, and there are several services entrepreneurs need to consider when forming a new business.

However, the growing number of new businesses annually prove those intrepid people across the U.S. love a business challenge. According to Statista, the number of new startup businesses in March 2019 that were less than a year old, was 774,725.

Services needed by startups

The legal requirements for getting a terrific business idea off the ground are generally easy and this guide outlines the basic steps.

Business structure

Choosing a business structure is vital to the business because it offers tax benefits and protects the owners from personal liability. The choice for most startups is either an LLC or a Corporation. LLC owners file their business income into their personal income, and often need to pay self-employment taxes. Corporations are more expensive to maintain, offer

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