Daily Archives: Nov 22, 2022

Retailers to Shift Away From Non-Essential Goods in 2022’s Black Friday

Retailers to Shift Away From Non-Essential Goods in 2022’s Black FridayOxylabs findings reveal a new web scraping focus during this year's Golden Quarter

VILNIUS, Lithuania - November 22, 2022 - (Newswire.com)

As Black Friday approaches, online businesses are putting in more time and energy researching their rivals' prices before deciding on their own markdown. Insights from Oxylabs indicates a significant shift in retailer expectations in this year's Black Friday, with some product categories poised to generate the greatest rivalry in 2022.

The once-popular Black Friday sale category of consumer electronics has seen a precipitous decline in recent years. Retailers anticipate that customers will buy products from other categories, as seen by consumer electronics data dropping out of the top 10 in 2022 after ranking sixth in 2020 and 2021.

Newcomers to the top 10 are Personal Care Product and Health & Wellness, showing that businesses are anticipating a rise in demand for such necessities.

Retailers and manufacturers gather information about their competitors' by scraping prices, product availability, shipping information, and promotions, to mention a few. This information enables them to make calculated decisions about discounts and promotions, particularly during Black Friday.

Oxylabs examined and contrasted two periods: the Black Friday preparatory period of 2022 (September 1 - November 5) and the same period of 2021. According to the data, the most scraped categories on the world's major marketplaces before Black Friday 2022 were:

  1. Software Development 
  2. Retail 
  3. Technology Information and Internet 
  4. Marketing & Advertising 
  5. Computer Software
  6. Personal Care Product Manufacturing
  7. Freight and Package Transportation
  8. Health, Wellness & Fitness
  9. IT Services and IT Consulting
  10. Computer Networking Products

Online buying habits that emerged during the pandemic still linger around and indicate that the days leading up to the traditionally chaotic "Black Friday" are becoming even more hectic than usual. 

No one should anticipate that the digital boom of the past two years will abate anytime soon. According to Salesforce, it is expected that in November and December, internet sales will generate $1.12 trillion globally and $265 billion in the United States alone.

The most significant change happened with Software Development climbing to the top of the list. It shows that selling data about Black Friday is becoming more important than providing competitive Black Friday bargains.

The top ten most scraped categories during the Black Friday preparation period in 2021 were:

  1. Retail 
  2. Information Technology & Services
  3. Marketing & Advertising
  4. Computer Software
  5. Airlines/Aviation
  6. Consumer Electronics
  7. Other
  8. Hospital & Health Care
  9. Computer & Network Security
  10. Pharmaceuticals

The industry is moving away from luxury spheres such as aviation and electronic goods and turning to essential categories such as Personal Care Products.

The wellness industry is rapidly expanding and becoming a top concern for consumers. With rapid changes and post-pandemic influence, consumer interest in health seems to be only increasing. According to a recent McKinsey research, about 50% of US consumers now rank health as a significant priority in their daily lives, up from 42% in 2020.

McKinsey's study estimates that spending on wellness goods and services in the United States alone is over $450 billion, expanding at a rate of more than 5% each year. So, it is no surprise that our research also found exponential growth in the Health, Wellness & Fitness industry.

Additionally, customers no longer place their primary importance just on low prices as a purchasing determinant. This year, it is anticipated that greater value and excellent service would be major selling factors in the marketplace. 

According to a study, the vast majority of customers listed speedier delivery as the most important enhancement they'd want to see in online purchasing, and a staggering 70 percent of those customers wished that other marketplaces would provide a service that is comparable to "Amazon Prime."

This year's statistics showed that web scraping is no longer just an important tool. It is now a must-have for ecommerce businesses.

About Oxylabs 

Established in 2015, Oxylabs is a premium proxy and public web data-acquisition solution provider, enabling companies of all sizes to utilize the power of big data. Constant innovation, an extensive patent portfolio, and a focus on ethics have allowed Oxylabs to become a global leader in the web data acquisition industry and forge close ties with dozens of Fortune Global 500 companies. In 2022, Oxylabs was named the fastest-growing public web data-gathering solutions company in Europe in the Financial Times' FT 1000 list.

For more information, please visit: https://oxylabs.io


Contact Information:
Vytautas Kirjazovas
Head of Communications
press@oxylabs.io


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Original Source: Retailers to Shift Away From Non-Essential Goods in 2022's Black Friday Retailers to Shift Away From Non-Essential Goods in 2022’s Black Friday

Cincinnati Bengals Center Ted Karras Launches ‘The Cincy Hat’ Website Sales Tonight at 7 p.m. EST

Cincinnati Bengals Center Ted Karras Launches ‘The Cincy Hat’ Website Sales Tonight at 7 p.m. ESTProceeds to Benefit Indianapolis-Based Village of Merici

Cincinnati Bengals Center Ted Karras Launches ‘The Cincy Hat’ Website Sales Tonight at 7 p.m. EST
Cincinnati Bengals Center Ted Karras

Ted Karras models one of his Cincy Hats, which goes on sale tonight at 7 p.m. EST.

INDIANAPOLIS - November 22, 2022 - (Newswire.com)

An act of friendship toward new teammates has turned into a full-fledged philanthropic endeavor for Cincinnati Bengals player Ted Karras. Fans and local media have quickly taken notice of Karras and other players wearing new "Cincy" hats in the locker room. Starting tonight at 7 p.m. EST, the hats are being made available to the public for the first time. 

"The Cincy Hat" will be sold online, with the proceeds going to the Village of Merici in Indianapolis. The organization provides direct support services, learning opportunities, and independent living through partnerships with various developers. The Village of Merici currently supports more than 75 people throughout Indianapolis with a goal of self-reliance. 

"The hats were originally a fun gift for my new teammates through a family friend's golf supply business," Karras says. "I figured everyone loves to get a piece of gear, and the response from my teammates, Bengal fans, and media members was extraordinary. The demand for the hats grew rapidly thanks to my teammates wearing them in interviews, and we decided to sell them, but it had to benefit Village of Merici."

Karras' involvement with Village of Merici is thanks to childhood friend Matt Renie. Karras and Renie were high school classmates at Cathedral High School in Indianapolis.

"Ted grew up as a family friend observing his friend's brother who has intellectual and developmental disabilities," says Colleen Renie, Executive Director of Village of Merici. "Ted also has a family member with autism. He saw the potential in individuals with intellectual and developmental disabilities and their desire to live independently as they grew up."

There are currently three hats available, with a fourth in the works. The hats retail for $35 each, and customers can choose from black, orange or white. The fourth hat will be white with a black logo.

The funds will go to supporting the Village of Merici programs that teach and support individuals in independent living skills to enable them to be successful.

"I am so grateful that a fun gift and project has found a special purpose," Karras says. "It's a great hat with an awesome design that I hope can become the unofficial hat of the Bengals. The Village of Merici is a very special place that does so much good. Any way I can ever help their cause is a special opportunity for me."

To purchase a hat, visit thecincyhat.com. The website also offers a link for donations for Village of Merici. For more information regarding Village of Merici, visit villageofmerici.org or call Karyl Davis, Director of Development, at 317-601-0513. 


Contact Information:
Karyl Davis
Director of Development
kdavis@villageofmerici.org
317-601-0513

Tom Britt
Founder
info@townepost.com
317-810-0011


Press Release Service by Newswire.com

Original Source: Cincinnati Bengals Center Ted Karras Launches 'The Cincy Hat' Website Sales Tonight at 7 p.m. EST

Vive Funds Targets Atlanta’s Hot Real Estate Investment Market

Vive Funds Targets Atlanta’s Hot Real Estate Investment MarketA diverse economy and vibrant demographics make Atlanta a prime spot for real estate investors to yield strong returns.

DALLAS - November 22, 2022 - (Newswire.com)

Dallas-based Vive Funds, the leader in multifamily real estate investing, is well-established in the Atlanta market and remains bullish on the booming metro area due to the area's low unemployment, diverse economy, and unique demographics.

"We look for several factors when targeting a market — job market growth, low unemployment rates, a healthy renter's demographic, and young workers," said Veena Jetti, founder of Vive Funds. "Atlanta outperforms many other nearby regions in this criteria, and all of these trends are on a positive, upward trajectory that we're extremely excited about."

The Atlanta Regional Commission predicts that 2.9 million people will move to the Atlanta area by 2050. That will increase the population by almost 60% and indicates strong potential yields to investors in the multifamily space, Jetti said. 

While the entire United States has steadily recovered post-pandemic, Atlanta's diverse economy has quickly propelled it as one of the hottest growth markets among large metros. All jobs lost during the pandemic have been recovered, and Atlanta's unemployment rate of 2.6% outperformed both the state's rate (2.9%) and the national rate (3.6%). More than 50% of the job gains were in utilities, transportation, business, and professional trade services, a demographic likely to be interested in renting. 

Along with Atlanta's booming job market, the diverse population is likely to rent with a healthy renting increase of 11.9% year over year, making it a multifamily hotspot. The large reservoir of blue-collar workers tend to rent multifamily units instead of purchasing a single-family home, and Vive Funds predicts healthy multifamily growth for several years. While the construction of new multifamily units is increasing, average rent prices also increased by 14.7%, showing the delicate supply shortage. Now, construction of new multifamily units has slowed down, which will only increase the demand and potentially push up rents in the future.

Not only is Atlanta's demographic uniquely positioned to rent in the short term and long term, but its residents are diverse across both job seekers and retirees. The metro area offers options from swanky neighborhoods and exciting downtown areas to moderately priced multifamily and housing developments, making it an excellent home for any age group. Also, Georgia's low state tax rate of 5.75% is highly attractive to workers and small businesses. Vive Fund's innovative, proprietary processes target extremely high-growth areas with rigorous criteria, and Atlanta outperforms in all of them.

"Jobs and workers are a healthy mix that any state, regional, or city aspires for," Jetti concluded. "Our previous investments in Atlanta have broken performance records for our investors, and we're excited to watch this market continue flourishing."

For more information on Vive Funds and the Atlanta market, please visit https://vivefunds.com/

About Vive Funds
Vive Funds was launched to fulfill our mission of carefully curating high-quality real estate investments. Our innovative strategy and our detailed process drive our core value of investor-centric projects. Vive has developed a rich network of global business partners to make early and transformational investments in assets that have the potential to do great things.


Contact Information:
Mike Albanese
mike.albanese@newswire.com


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Original Source: Vive Funds Targets Atlanta's Hot Real Estate Investment Market

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No.3 Gin Unveils Miami Artist Collaboration With ARES Modena at Art Basel 2022

No.3 Gin Unveils Miami Artist Collaboration With ARES Modena at Art Basel 2022The Limited Art Collection is an alliance between two true icons, a bespoke Coachbuilder from Italy, ARES Modena and 'The perfect gin'; No.3 Gin. The collaboration will be brought to life by Artist, Daniela Boo, at Basel 2022, showcasing the precise balance of uniqueness.

No.3 Gin Unveils Miami Artist Collaboration With ARES Modena at Art Basel 2022
ARES Modena Design

Artistic Collab

MIAMI - November 22, 2022 - (Newswire.com)

No.3 Gin, created by renowned London wine and spirit merchants Berry Bros. & Rudd, is pleased to announce a truly iconic collaboration with ARES Modena, Luxury Italian coachbuilder and Daniela Boo, Argentine artist at Art Basel 2022. 

At the exclusive event on Nov. 28 at Art Basel 2022, Daniela Boo will paint front elements of the ARES S1 Coupe model (currently located in the ARES Modena studio in the Miami Design District), whilst a master mixologist will be on hand serving special drinks made with No.3 Gin throughout the night.

Daniela Boo, represented by BlackTower Gallery, has a history of painting iconic supercars, and has previously been selected by various automotive brands for unique artistic expressions, her creative work combining hyper realism and speed. A number of these aesthetic vehicles are on display in museums and private collections globally. Now it's Miami's turn to witness Daniela Boo's profound artistic abilities for the first time.

Since 2010, No.3 Gin has been the winner of the World's Best Gin four times and the first gin to win the Supreme Champion Spirit at the International Spirits Challenge naming it The Perfect Gin, featuring a special recipe of six botanicals created by the celebrated Berry Bros & Rudd. The collaborative event has been designed to feed into Miami's thirst to explore and discover the parallels between art and modern expression.

Commenting on the collaboration, Edrington's No.3 Gin said'We can't wait to host this fabulous event at Basel 22. ARES Modena's commitment to legacy and their never-ending pursuit to evolve their craft, makes ARES the perfect match to collaborate with No.3 Gin. The collaborations combine the artistic and modern expressions in a way that celebrates uniqueness and where better to unveil this stunning collection than Miami.'

Mo Elarishy, Head of Business Development at ARES Miami, said'The shape of a vehicle provides an artist a unique canvas to express their passion and vision. The combination of curves on the exterior body with art can create an emotional influence and arouse desire, it is all about having a meaningful aesthetic feel. Collaborating during Art Basel Miami was the perfect time to showcase Daniela Boo's artwork.' 

For more information on London No.3 Gin and the Artist Collaboration event, please visit https://no3gin.com


Contact Information:
MO ELARISHY
Business Development Manager
mo.elarishy@aresdesign.com
(+1) 305 986 5376
Related Files
About us.pdf
ARES Modena Design - Trailer. mp4.mp4



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Original Source: No.3 Gin Unveils Miami Artist Collaboration With ARES Modena at Art Basel 2022

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