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MarketOrders Co-Founder meets easyJet Founder!

MarketOrders Co-Founder Sukhi Jutla meets easyJet Founder Sir Stelios Haji-Ioannou

 

It’s not every day that you bump into a billionaire but trust our co-founder Sukhi to do so!

As many of you may know, a few weeks ago in May Sukhi was invited to Keynote speak at the Digital Enterprise Show (DES) in Madrid, where MarketOrders also walked away with an award for Digital Innovation.

En route to Spain, Sukhi bumped into Sir Stelios Haji-Ioannou, who is a British Cypriot entrepreneur best known for setting up easyJet.

Here is Sukhi’s first-hand account:

No one really likes hanging out at airports but for entrepreneurs, it can be golden time to catch up on emails and social media.

Other times, it’s also great to just wander around the terminal and that is exactly what I decided to do as I waited to board my flight to Madrid to keynote at The Digital Enterprise show (DES).

As I walked past WH Smiths lo and behold I saw a very familiar face! It was a round face with a familiar smile and I could see this person intently perusing the phone charging section of the store.

As an entrepreneur, I have devoured various articles and books on the most successful business people and billionaires in an effort to learn from their journeys.

So when I saw Sir Stelios, I went straight up to him, held out my hand and introduced myself to him. He took one look at me, chuckled and said ‘ You must be an entrepreneur’.

I asked him why he would say that and he said ‘’because it takes one to know one!’’

He was delightful, taking a few minutes to take a photo with me and learn about what I am creating with MarketOrders.

He wished me the very best as we parted ways and said ‘Keep up the great work’.

More stories to come!

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MARKETORDERS COO PART OF THE MAYOR NEW SKILLS BUSINESS PARTNERSHIP

Mayor unveils new skills business partnership

 

The Mayor of London, Sadiq Khan, has unveiled a new group of leading figures from across the capital’s businesses who will help him shape London’s skill system to better the needs of the capital’s employers.

His new Skills for Londoners Business Partnership brings together representatives from a range of industries to play an active role in informing future skills provision in London. It will work with the Mayor to help London’s employers access the skills they need today and in the future.

The Partnership will also advise the Mayor on how skills and education provision can help businesses access talent, particularly in response to a range of challenges including Brexit and increasing automation. 

The Mayor will also publish a new Skills and Employment Vision later this year, which will be closely linked to his Local Industrial Strategy (which is due to be published at the same time).

The Business Partnership will play an essential role in shaping both documents, which will set out the next steps for delivering on the Mayor’s priorities, new policies to address emerging challenges, and will make the case for more funding to be devolved to London.

The Mayor believes a city-wide skills system that is responsive to the needs of London’s economy is crucial to meeting the needs of London’s employers and residents. The need for such a system has been made particularly acute given Brexit and the government’s recent Immigration White Paper, both of which risk undermining London’s growth and access to a future pipeline of talent from Europe and around the world.

The Partnership – which met at City Hall for the first time this week – aims to: 

  • improve London’s skills system to better meet the needs of employers, businesses and the London economy
  • increase skills investment and workforce development in London’s industries to meet the demands of the global economy
  • improve information and data on skills needs from employers and ensure the most accurate/reliable data is used to inform skills provision in London

The Mayor of London, Sadiq Khan, said: “In June 2018, my Skills for Londoners strategy laid out my ambition to create a city for all Londoners, in which everyone can access the skills they need to succeed in a thriving economy. “Involving London’s employers and businesses to meet this ambition is at the heart of this: today I’m delighted to announce my new Skills for Londoners Business Partnership, made up of leading figures from businesses of all sizes and sectors, who share my passion for supporting London’s talent. I look forward to working with them as they play a central role in our efforts to maintain London’s global position as a great place to work, invest and grow a business.”

Deputy Mayor for Business and Chair of the Business Partnership, Rajesh Agrawal, said: “It is an honour to chair the Skills for Londoners Business Partnership and to be working with such exceptional business representatives. Our first meeting marks an important step in bringing London’s employers and businesses together, not just to gain a better understanding of the challenges, but also to act collectively to create a diverse and skilled workforce fit for the future.”

Film and TV Executive at Film London, Nahrein Kemp, said: “I am really looking forward to working with the Mayor and his team on skills challenges facing London.  London is one of the most diverse cities in the world and the Mayor’s skills policies and programmes provide an excellent opportunity to influence change and foster collaboration across employers, skills providers and Londoners themselves.” 

Director of People Strategy, Barts Health NHS Trust, Aurea Jones, said: “I welcome the establishment of the Mayor of London’s Skills for Londoners Business Partnership and am pleased to be able to bring the wealth of experience that the NHS has as a major employer to the table.  The Business Partnership will begin a collaborative exchange of knowledge and innovation between employers, particularly as we grapple with the difficult task of navigating the impact of Brexit and the pressures this will place on London’s current and future workforce.

Founder and Chief Operating Officer of MarketOrders, Sukhi Jutla, said: “I am pleased to be a part of the Mayor’s Skills for Londoners Business Partnership. This is great initiative to support London’s employers, including SMEs and micro-businesses, to access the talent and skills they need.

Founder of Optimity, Anthony Impey MBE, said: ‘I welcome the Mayor’s commitment to creating a skills offer that works for both Londoners and employers. I look forward to working with the Partnership to strengthen London’s apprenticeships offer, building skills for London’s future.

 

Click HERE to read the official press release

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MarketOrders News

5 trends that will shape the jewellery industry in 2019

 

Buying jewellery is an emotional experience and most times it is being purchased for a special person or a special event.

 

This is why so many jewellery purchases happen in-store rather than online. But this is because no trusted marketplace exists which gives both the customer and retailer confidence to buy and sell online.

 

In the past, most purchases were done instore and the jewellery industry is not usually associated with embracing technology. But this is all changing.

 

At MarketOrders we have seen the trend shifting to embrace technology in the jewellery market.

 

We work hard every day to help our customer, the independent family jeweller to thrive on the high street by using MarketOrders as their technology partner.

 

We do this by leveraging the power of technology which allows our customer to access products globally using our marketplace.

 

For independent retail jewellers to remain  competitive they need two things- incredible designs and lower prices in order to attract customers

 

MarketOrders is helping to create this by becoming the leading marketplace globally to offer the widest choice of products through one secure global jewellery marketplace.

 

Based on our extensive experience and in-depth industry expertise, here are 5 trends that will shape the jewellery industry in 2019

 

  1. Customers want to shop more locally

It is a paradox that the more globally connected we become the more locally we tend to shop.

This is good news for the high retail jeweller. Commoditized products like toothpaste and groceries can be bought online but jewellery purchases are emotional and in most cases, customers want to see the product in the store. MarketOrders can help drive customers in store by providing the retailer with the widest choice of products which will attract in-store customers

 

photo credit: https://pixabay.com/en/woman-girl-model-try-style-1326709/

 

 

  1. The high street is NOT dead

The consumer journey typically starts on the mobile device but is increasingly ending up in the physical store. An increasing amount of people actually prefer to go to store. According to new research from Vista Retail Support, 81% of UK consumers see the physical store as vital to the shopping experience and 70% say they enjoy the full experience of going into stores to browse, see what’s new and buy what they like.

 

  1. Technology to drive in-store purchases

The exciting use of technology will entice more consumers inside a store, research from Vista Retail Support showed 61% of consumers would visit regularly to use virtual and augmented reality applications, smart mirrors and interactive gaming. We will see an increasing number of stores offering virtual experiences. Imagine putting on a headset in store to see the mine where your gold and diamonds came from!

 

  1. Customisation & data

Retail jewellers will continue to embrace customisations as they will begin to understand that customers will purchase more when they receive personalised recommendations and offers on smart devices. There will be an increasing trend and need for jewellers to better understand their data.

 

  1. Millennials and Post Millennials drive purchases

This market segment is increasing, has purchasing power and most importantly are digital savvy. They embrace shopping online as well as making the majority of purchases through their smart devices. The jewellery industry will become more mobile optimised as they start to adapt to this new customer who values exciting, transparent and smooth shopping experiences. This generation also values experiences and would come in store if the experience was exciting.

 

photo credit: https://pixabay.com/en/email-business-smartphone-screen-2056028/

 

 

About MarketOrders

MarketOrders helps independent retail jewellers to get the products they need faster, cheaper and direct from global suppliers. If you are an independent retail jeweller find out more at https://marketorders.net/

 

Connect with us:

Web: https://marketorders.net/
Facebook: https://www.facebook.com/marketordersofficial/
Twitter: https://twitter.com/Market_Orders
Instagram: https://www.instagram.com/marketorder/
LinkedIn: https://www.linkedin.com/company/market-orders/

YouTube: https://www.youtube.com/channel/UCFnJ5_ZVaH3Gpd67Poeunxg

Contact details: info@1v0.3b2.myftpupload.com

 

Written by MarketOrders 

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Revolutionising the jewellery retail industry with blockchain and AI

 

So much of the world has been revolutionized by technology yet the retail jewellery industry is still lagging behind.

 

The gold and diamond jewellery industry is still relatively untouched by the benefits of technology and this traditional industry which is run on trust has still not fully embraced the benefits that technology can bring to this sector.

 

It’s no longer enough to just have an online digital presence. The tech world is moving ahead fast with the rise of the blockchain, artificial intelligence (AI and machine learning (ML) that are all playing a critical role for the SME markets in general. these technologies are now being harnessed to authenticate products, speed up transactions and understand their customer profiles better in order to serve them in more new and innovative ways.

 

How SMEs can harness the power of new tech

MarketOrders is on a mission to harness the power of blockchain and AI in small retailers to bring in a new level of innovation.

 

At MarketOrders, we are excited about how innovation can be introduced into the retail industry via the application of the Blockchain and AI.

 

Since the gold and diamond jewellery industry is very new to technology and innovation, there is a huge unmet need in this market which will give rise to new opportunities and possibilities. This, in turn, will unlock a huge amount of potential.  Blockchain and AI will give superpowers to small retailers who are better able to compete.

 

Small retailers especially those who only have brick and mortar shops are bogged down with complex and chaotic systems as most of the processes are conducted offline.

 

Just imagine the efficiencies that could be created when the SMEs embrace digital processes and look to the blockchain and AI to help them better reach their customers and serve them in new ways.

 

Small retailers not only have the potential to transform their businesses but can change or adapt the way they interact with customers.

 

The Rise of Smart Retailing

In this digital experiential economy, the customers first point of interaction is now online and mobile through their smartphones. It is vital SMEs can embrace mobile technology and ensure they are able to reach their customers in the way they engage with technology. We call this the rise of Smart Retailing

 

Today there are more phones than people in the world. MarketOrders will democratize access to smart retailing in the way that Google democratized access to information.

 

Having MarketOrders as a technology partner, retailers do not need to build technology but just plug into our ready-made platform.

 

The Gold Jewelry and Diamond industry are ripe for disruption

The coming revolution in the space of Blockchain and AI into smart retailing can only come from digital upstarts such as MarketOrders rather than any retail unit or existing retailers collectively because today’s industry disruptors tend not to be incumbents.

 

In years to come, Blockchain, AI and Automation in business practice will be viewed like how people viewed the internet; an essential part of the business like smartphones are today.

 

Stay up to date with the latest news by signing up to our newsletter here: https://marketorders.net/

 

Written by CEO & Founder, Ram Krishnna Rao

 

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Why the Gold industry needs to wake up to the reality of blockchain technology

 
I walked into the newsagent to get some water and nibbles as I was driving a long way to visit one of my customers on the outskirts of London. It should have been an uneventful occurrence to grab a bottle of water when my eyes darted to what I thought was an ATM machine. But this was no ordinary ATM.

 

It said ‘BITCOIN ATM Machine

 

 

 

I instantly looked at the shop owner and he smiled back and said,’ I know what your thinking’ as if he had read my mind!

 

I am a passionate advocate for blockchain technology and recently qualified as an IBM Foundation Blockchain Developer to quench my growing thirst for how this technology suddenly became more mainstream and the ways in which it is already disrupting traditional industries. (see my last post where my co-founder Sukhi Jutla, became the works, first author, to have a book published on the blockchain.

http://s752989504.websitehome.co.uk/get-women-fintech-interview-marketorders-coo-co-founder-sukhi-jutla/

 

I continued to look at the Bitcoin ATM machine as I had heard about their existence but till now thought it was the myth. I didn’t realize people were using cryptocurrency to pay for their water bottles already!

 

Though blockchain tech is relatively new (it’s under a decade old), I am a newcomer to this industry but it’s changing so fast already. I have recently begun to get really inspired and excited about the way this technology can bring about huge changes especially in making things move more efficiently. In the gold industry, this means more transparency in the supply chain process as well as in confirming the origin of products.

 

So thought I was surprised to see my first Bitcoin vending machine, it certainly won’t be the last time I will see it. Perhaps next time, I may even pay for my bottle of water with a cryptocurrency!
 

 Written by CEO & Founder, Ram Krishnna Rao