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Press Coverage

MarketOrders quoted in AMB Crypto on crypto in the sport industry

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in AMB Crypto article ‘Boom and Bust: Crypto-education can be the safety-net footballers need’.
The journalist, , wrote:
AMBCrypto recently spoke to Sukhi Jutla, Co-founder of MarketOrders, a blockchain-based platform and she identified an alternate pathway as well.
Speaking about crypto and blockchain, she believed getting familiar with the technology and space is no longer difficult and athletes can take advantage of it through social media branding.
She explained that athletes can follow in the footsteps of various influencers and create their own micro-following with a fan base of 10,000 or fewer followers. She added, “And as long as the crypto has trading activity, the player can always generate an income even after their playing career is over. This would act as a type of royalty payment similar to how authors get paid in the publishing world each time their book is sold or loaned out in the library.”
You can read the full article here.

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MarketOrders News

MarketOrders becomes a mentor at WeWork Labs

Our Head of PR & Communications, Caroline Hoffmann, has recently become a mentor at WeWork Labs.

Supporting early-stage startups over the world, she teaches and advises their teams on strategies related to social media, public relations, events, and press relations.

WeWork Labs is The We Company’s global platform for early-stage start-ups and forward-thinking enterprise companies. They empower inventive humans and organisations to shape the present and influence the future.

They start with thoughtfully designed spaces that inspire our global community of entrepreneurs to experiment, collaborate and grow. Within these spaces, they foster meaningful connections between start-ups and the educational, mentorship and financial resources needed to drive their businesses forward.

So far, Caroline has advised companies based in London and Hamburg from different industries such as Fintech, healthcare, well-being, sustainability, cyber-security…

Connect with Caroline on LinkedIn now!

Get more information about WeWork Labs here.

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Press Coverage

MarketOrders Co-Founder quoted in Carol Roth article on retaining talent

Our Co-Founder and COO, Sukhi Jutla, was recently quoted in Carol Roth article ‘How Small Businesses Can Attract and Retain Talent In a Tight Labor Market’.
She said: “Communicating often with the team helps to ensure that everyone feels they are part of the company’s mission. They all are aware of what we are working on and what goals we want to achieve. Having this clear communication on a consistent basis (for example, via newsletter updates and a closed WhatsApp group) helps employees feel they are part of the team, are included in key decisions and conversations, and are encouraged to feedback their opinions and thoughts.”
You can read the full article here.

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MarketOrders News

MarketOrders team helping charity for homeless people in London

We couldn’t be prouder of our team at MarketOrders, supporting the British Sports Youth Trust by delivering homeless people in London food, warm clothes, and sanitary products.

You can support the charity by donating on the Just Giving page here or join our team in the streets of London on Sundays!

The British Sports Youth Trust aims to promote and protect the wellbeing (physical and mental health) for the public benefit, in particular, but not limited to young people and their families.

They deliver a wide variety of services and activities aiming at promoting and supporting better living for all.
The activities are focused on inclusion and equality and a chance for better living for all to achieve improved equal life chances for all.

Their ambition is to help as many young people and their families from poorer or disadvantaged backgrounds as possible in achieving better living through our services. Find out more on their website here.

The ‘Feed ze streets’ initiative started over a year ago when the charity realised that most people donate during the holidays but are less likely to help during the rest of the year. The charity decided to start a campaign called ‘Keep the Christmas spirit going’, to make sure homeless people would get support throughout the year; this initiative never stopped.

Today, a team of around 15 people gather on Sundays and spread through the capital to deliver what’s needed: a warm meal, a pair of socks, a coffee, a toothbrush…

Watch a short video documentary here!

Follow their progress on Facebook, LinkedIn, and Twitter!

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MarketOrders News

Brexit and the impact on the gold jewellery trade industry

After long discussions and stretched decisions over Brexit, on the 31st of January, the UK officially got out of EEU. Uncertainty has always been a theme since the Brexit announcement and now we have to find the best way to react to the new reality. This is a pivotal moment for all business owners and especially small retailers.

Before we talk about the “impact of Brexit” on the United Kingdom, we first must remember the history of the British jewellery industry and how it has survived rising gold prices and currency turmoil.

The jewellery market

Based on precedence, we can assume that once Brexit smoke clears, the British jewellery industry will remain strong and attractive as long as business leaders are brave and drive the customer experience agenda at a greater height in order to remain relevant and thrive on the long term.

However, it is inevitable that “uncertainty” can cause many unforeseen circumstances and therefore we must take some preventative measures to safeguard the sustainability and cash flow of the business.

Jewellery businesses need to prepare with so-called “Trade Plan” for short term and long term business sustainability.

How to prepare

Though it is very difficult to evaluate what sort of possible problems small businesses can face in any shape or form, we must prepare and adapt their strategy to be able to face whatever is to come.

The uncertainty caused by the impact of Brexit on the economy makes any tangible asset increase in price and become more desirable. Therefore, it has always been viewed as a safe haven for wealth because of their appeal of being a Store of Value.

Along with added stores of value in jewellery pieces, it also attributes to very special attractions such as Value of Workmanship and wearable assets.

As gold and diamond are purchased in dollars, the fall in the value of the pound will make those precious items far more expensive. Therefore, retailers are forced to sell it for an expensive price in order to meet their thin margin. Customers are operating between thin lines of fear and greed on how much they can save and spend due to the unknown factor of what is coming ahead.

Considering the effect of the weak pound, retailers and jewellery makers can potentially create opportunities to sell internationally and to tourists that visit the UK.

In a nutshell, the best option is to outline this time of uncertainty by “adapting” to a new way of trading in the digital era. This is, in fact, the perfect time for small retailers to invest in IT and technological capabilities or join a platform that will empower and enhance their business as a way of moving forward. Adapting is the only way to meet the reality of the UK economy, so the global economy of the future.

How MarketOrders is ahead of the curve

MarketOrders is led by an experienced team and has managed to anticipate the effects of political uncertainty on the market by early embracing new technologies such as blockchain.

Digitalising the whole jewellery supply chain and using cryptocurrency as a mean of payment, MarketOrders has adapted his processes and technology to better match tomorrow’s market and being less dependent on the political landscape and its consequences on trade and the value of money.

Developing a strong marketplace will enable us to trade globally and bring transparency and speed to an outdated industry.

We will continue to push ahead, be bold in our decisions and always make the most of the next climate we find ourselves in. We will not undergo political changes or any changes but take them as an opportunity to innovate and improve our business and how we can better serve our customers.

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Press Coverage

MarketOrders COO named as one of the Top 10 crypto influencers in 2020

Our Co-Founder & COO, Sukhi Jutla, was recently named as one of the Top 10 crypto influencers in 2020 by Trastra.
Along with Sukhi:

  • Changpeng Zhao, founder and CEO of Binance
  • Brian Armstrong, co-founder and CEO of Coinbase
  • Vitalik Buterin, co-founder of Ethereum
  • Tyler and Cameron Winklevoss, principal owners of Winklevoss Capital as well as the founders of premier digital asset exchange ‘Gemini’
  • Roger Ver, CEO of Bitcoin.com
  • Charlie Lee, a former Coinbase employee who is perhaps best known for being the brains behind the popular crypto project ‘Litecoin’
  • Elizabeth Stark, an active contributor to the bitcoin community, an advisor to startups in areas ranging from cryptocurrency to decentralized technology to AI
  • Brad Garlinghouse, Founder of Ripple
  • Peter Smith, one of the co-founders of Blockchain — one of the world’s most widely used crypto wallets

 
You can read the full article here.

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Press Coverage

MarketOrders Co-Founder quoted in CIO on IT mistakes sparking success

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in CIO article ‘7 common IT mistakes that can spark future success’.
The journalist, Paul Heltzel, wrote:
Sukhi Jutla, co-founder of MarketOrders, recommends an iterative approach for technology projects, then doing real-time testing.
“Mistakes are a byproduct of finding your way to success or, in other words, finding what actually works,” Jutla says. “It’s highly unlikely you’ll ever launch a product that’s perfect, but you can launch a product where it’s constantly being improved by each user experience. This leads to cumulative positive effects for the long term.”
Jutla has found, in her experience, that too much focus on upfront requirements for a project leads to delays and obsolescence before getting off the ground.

“In the past, I’d spend up to 7-8 months working with the team to identify the requirements needed, only to find that when it came to the actual build, so many features were now already out of date,” she says. “Aim to get a working prototype out as soon as possible to get real-world feedback from real users.”
Jutla now embraces the Scrum methodology because it enables her to re-align goals and plans in real-time. “You have to be prepared to fall flat on your face a few times,” she says, “to bump into a few roadblocks and to fail but knowing that all of this is vital information that you feed back into your next moves.”
You can read the full article here.
It was also featured on CIO Brazil, which you can read here.

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Press Coverage

MarketOrders COO quoted in American Express article on 2020 business trends

Our Co-Founder & COO, Sukhi Jutla, was recently quoted in American Express article ‘6 Business Trends to Watch Out for in 2020’.
The journalist, Julie Bawden-Davis, wrote:
This year it’s likely that more companies will use the data derived from machine learning and AI to create more personalized services for their consumers, adds Sukhi Jutla, chief operating officer of MarketOrders, a business-to-business platform for the independent retail jewelry industry. (Jutla is also the author of three books, including The FinTech Book.)
“Businesses will put more effort into analyzing data and turning it into meaningful insights that can provide better services and products,” says Jutla. “Along with this, we’ll see a rise in demand for data scientists.”
 
You can read the full article here.

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Press Coverage

MarketOrders Co-Founder quoted in German publication about IT mistakes

Our COO & Co-Founder, Sukhi Jutla, was recently quoted in German publication Computerwelt.
The article, titled ‘7 häufige IT-Fehler, die den Grundstein für zukünftigen Erfolg legen können’, or in English ‘7 common IT mistakes that can lay the foundation for future success’.
The journalist, Paul Heltzel, wrote:
Remaining disorders
Sukhi Jutla, Co-Founder of MarketOrders, recommends an iterative approach to technology projects and then testing them in real-time.
“Mistakes are a by-product if you are looking for the way to success or, in other words if you find out what actually works,” says Jutla. “It is very unlikely that you will ever bring a perfect product to the market, but you can bring a product to the market that is constantly being improved by every user. In the long run, this leads to cumulative positive effects. ”
Jutla has found that focusing too much on the requirements in advance of a project leads to delays and obsolescence before it can be tackled.
“In the past, I worked with the team for up to 7-8 months to determine the requirements, only to find that many functions were already out of date during the actual build,” she says. “We should develop a working prototype as soon as possible to get real feedback from real users.
Jutla is now using the Scrum method because it can realign goals and plans in real-time. “You have to be prepared to fall on the nose a few times,” she says, “to encounter a few obstacles and fail, but you have to know that all of this is important information that you can use in your next steps leaves.
 
You can read the original article in German here.

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Press Coverage

MarketOrders COO Sukhi Jutla portrayed by Sparta Global

Our Co-Founder and COO, Sukhi Jutla, was recently portrayed in Sparta Global article ‘In conversation with Influential BAME Leaders in Tech: Sukhi Jutla’.
Sukhi was interviewed about her story and how she became an entrepreneur. She also gave a piece of advice to navigate today’s working world, women leadership, and her definition of success.
You can read the full interview here.