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Who made housing unaffordable? Survey says…
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How to Make a Project Outline (Example Included)
Successful projects aren’t had by holding one’s nose and jumping in. There must be preparation. In project management, once a project has been approved, it starts with a project outline. While a project outline might seem obvious, it’s worth spending a little time defining what the phase means. Once that’s clear, we’ll show when a project outline is made, what should be included and provide an example to show how it works in a real-life scenario. What Is a Project Outline? A project outline is a high-level overview that summarizes the key components of a project. It typically includes the project’s objectives, scope, timeline, key milestones, deliverables, stakeholders and resources. A project outline serves as a roadmap, providing an understanding of what needs to be accomplished and how the work will be structured, helping to ensure alignment and effective project management. True, a project outline isn’t a formal, standardized term that one would find in project management frameworks, such as the Project Management Institute (PMI) and its Project Management Body of Knowledge (PMBOK), PRINCE2 (PRojects IN Controlled Environments) or agile. However, it’s still a widely used concept across industries and project types. The idea can be found in the project brief (PRINCE2), project charts (PMBOK), statement of work and project initiation document. A project outline also serves as the foundation for creating a Gantt chart by providing the essential details needed to map out tasks and timelines. It identifies key tasks, milestones and deliverables. Additionally, identifying dependencies, resources and responsible team members from the project outline helps accurately sequence tasks and assign responsibilities in the Gantt chart. This is all facilitated by the use of project management software. ProjectManager is award-winning project and portfolio management software with multiple project views to turn a project outline into an actionable plan. Tasks, resources and costs can be scheduled on the Gantt chart, which goes further by linking all four types of task dependencies to avoid cost overruns. Improve Project Outlines with ProjectManager Use the sheet, list, kanban and calendar view alongside the Gantt to execute outlines Reference real-time reports and dashboards to see how outlines are being executed Share data with stakeholders using free guest licenses. Try it free /wp-content/uploads/2025/03/Gantt-CTA-2025.jpgLearn more When to Make a Project Outline A project outline is typically created in the early stages of project planning, often before or alongside the development of a project charter or project proposal. It acts as a simplified version of those documents, helping to break down the project’s key components and organize initial thoughts. Creating a project outline can clarify objectives, identify major tasks and estimate timelines, making it easier to draft a more detailed and comprehensive charter or proposal. It’s useful for stakeholder discussions, ensuring alignment before committing to more detailed planning. Essentially, a project outline is a practical starting point that streamlines the development of formal project documents by providing a clear, high-level structure. A project outline is particularly useful when you’re still in the brainstorming or early planning phases. It allows you to explore the project’s feasibility, refine the objectives and identify potential challenges without the commitment of a formal document. If you’re working on a project proposal to gain stakeholder approval or secure funding, the outline summarizes the key points, ensuring you’re aligned on the project’s purpose and scope before investing time in detailed planning. Similarly, when preparing a project charter, which formally authorizes the project and defines roles and responsibilities, the outline serves as a precursor by organizing the core details in a clear, manageable format. What Should Be Included in a Project Outline? A project outline serves as a high-level summary that provides clarity and direction for project stakeholders. It helps establish a shared understanding of the project’s purpose, scope and key details. Below are the essential sections that should be included in a project outline. Project Background The project background provides context for why the project is being initiated. It typically includes information about the problem or opportunity the project is addressing, relevant industry or organizational challenges and any previous efforts to resolve the issue. This section helps stakeholders understand the motivation behind the project. Project Overview This section offers a concise summary of the project, including its name, purpose and a brief description of what will be accomplished. It should cover the key aspects of the project in a few sentences to provide a clear understanding of the project’s intent. Project Goals and Objectives Clearly state the goals and objectives the project aims to achieve. Goals are broad statements that define the desired outcomes, while objectives are specific, measurable actions that contribute to those goals. This section provides a benchmark for measuring the project’s success. Project Scope The project scope defines the boundaries of the project, outlining what is included and excluded. It specifies the deliverables, features, functions and activities involved. Establishing a clear scope prevents scope creep and ensures all stakeholders are aligned. Project Management Team Identify the key individuals and their roles within the project. This typically includes the project manager, team members, sponsors and other stakeholders. Describing the responsibilities of each role ensures accountability and clarity within the team. Resource Requirements List the resources necessary to complete the project, including personnel, materials, equipment, technology and facilities. This section helps in planning resource allocation and estimating the overall project needs. Project Estimated Costs Provide an initial estimate of the project’s budget. This should include direct and indirect costs such as labor, materials, software and any external services. While the estimate may not be precise at this stage, it should offer a realistic view of the anticipated expenses. Estimated Project Timeline Outline the project’s expected timeline, including key milestones, deliverable dates and deadlines. While a detailed schedule may come later, providing an estimated timeline helps stakeholders understand the project’s duration and major phases. Risks and Assumptions Identify any potential risks that could impact the project, along with assumptions made during planning. Risks may include technical challenges, resource limitations or external dependencies. Understanding these factors early allows for proactive risk management and contingency planning. Including these components in your project outline will provide a solid foundation for further planning and ensure that all stakeholders have a clear, consistent understanding of the project from the outset. /wp-content/uploads/2025/02/PM-101-eBook-banner-ad.jpg Project Outline Example Now that we understand what a project outline is and the components that make up one, let’s illustrate the process by imagining how one is applied in a real-life scenario. Below is a project outline for the design and construction of a new warehouse. Project Background The rapid growth of the client’s e-commerce operations has outpaced the capacity of their current distribution infrastructure. To meet rising demand and reduce shipping times, a new regional warehouse is required. Project Overview This project involves the design and construction of a 100,000 sq. ft. warehouse facility in the Greater Dallas area. The warehouse will include receiving and shipping docks, climate-controlled storage, office space and parking for delivery vehicles. Project Goals and Objectives Here’s a list of the project’s goals and objectives. Expand storage and distribution capacity by Q2 2026 Improve delivery efficiency in the southern U.S. region Construct a cost-effective and scalable facility Ensure compliance with local zoning and building regulations Project Scope Below is what will be in and out of scope for the project. In Scope: Site preparation, permitting, foundation, structural framing, HVAC, plumbing, electrical, interior build-out and final inspection Out of Scope: Staffing operations and ongoing warehouse management Project Management Team Another step towards realizing the project is determining the team that will lead and execute it. For this project, the project team includes the following. Project Sponsor: VP of Logistics Project Manager: Construction PM from General Contractor Architect: XYZ Design Studio Contractor: ABC Commercial Builders Civil Engineer, Structural Engineer and MEP Specialists Resource Requirements Resources are the people, materials, equipment, etc., needed to execute the project tasks. Those resources are included below. Construction materials (steel, concrete, insulation) Labor crews for all phases of construction Heavy equipment and machinery IT infrastructure for security and operations Legal and permitting services Project Estimated Costs Projects cost money, and the funding needed to complete one must be estimated in advance. Here are the forecast costs for the project. Total estimated cost: $8.5 million, includes design, construction, materials, equipment, labor, permits and contingency reserves Estimated Project Timeline The project schedule will determine the estimated start and finish dates for the project. Design and Permitting: April–June 2025 Site Prep and Foundation: July–August 2025 Structural Framing: September–October 2025 MEP and Interior Work: November 2025–January 2026 Final Inspection and Handover: February–March 2026 Risks and Assumptions Risk are potential events or conditions that could negatively or positively impact the project, while assumptions are factors considered true without definition proof. Key Risks Delays due to permitting or weather Rising material costs Supply chain disruptions Assumptions All permits will be approved on time No major zoning or environmental constraints Contractor availability remains stable throughout the project Benefits of Making a Project Outline Creating a project outline provides numerous benefits by offering clarity, alignment and efficient project management. First, it establishes a shared understanding among stakeholders by clearly defining the project’s goals, scope and responsibilities. This minimizes misunderstandings and ensures that everyone is working towards the same objectives. Second, a project outline is a practical planning tool that helps identify potential risks, resource needs and timeline constraints early in the process. By highlighting these elements upfront, project managers can make informed decisions, allocate resources effectively and mitigate risks before they become major issues. Finally, a well-structured project outline acts as a reference document throughout the project’s lifecycle. It keeps the team focused on priorities, tracks progress against milestones and supports effective communication with stakeholders. This alignment and visibility contribute to the successful execution of the project from initiation to completion. Free Project Management Templates While project management software is better suited to planning, managing and tracking projects, for those not ready to upgrade, we have over 100 free project management templates that can be immediately downloaded from our site. Some templates address every aspect of managing projects across multiple industries. Below are just three that can help with the project outline process. Project Charter Template Download this free project charter template for Word to outline the key details of a project and authorize its initiation. It serves as a foundational reference that provides stakeholders with a clear understanding of the project’s purpose, objectives and structure. Project Plan Template Use this free project plan template for Word to detail the steps required to complete a project. It serves as a roadmap that guides the project team through each phase, ensuring all tasks are completed on time, within scope and budget. Scope of Work Template A scope of work (SOW) outlines the specific tasks, deliverables, timelines and expectations of a project. This free scope of work template for Word serves as a detailed agreement between the project team and stakeholders to ensure mutual understanding of the project’s scope. How ProjectManager Helps Bring a Project Outline to Life Templates can help gather the information needed to create a project outline, but then all the hard work will have to be replicated onto the tools needed to plan the project. That’s because templates are static documents that must be manually updated and are poor for collaborating on project execution. They might help at first, but then they slow progress and can lead to project failure. To avoid that, use project management software. ProjectManager is award-winning project and portfolio management software that has multiple project views that are collaborative and easy to edit. We also have resource management features and tools to track progress to help projects succeed. Use Resource Planning to Stay Productive Both human and nonhuman resources are scheduled on the Gantt chart. When onboarding team members, project managers can set their availability, which makes it easy to know which resources can be assigned to which tasks and when. To view resource allocation across one or multiple projects, use the color-coded workload chart. See who is overallocated or underutilized at a glance and balance the team’s workload to keep them working at capacity without threatening burnout. A team page provides a daily or weekly overview of their activity, which can be filtered by progress or priority, and tasks are updated without leaving the page. /wp-content/uploads/2023/01/Team-Light-2554x1372-1.png Track Progress With Real-Time Dashboards and Reports Ensuring that the execution of the project goes as planned requires close monitoring of key project metrics. Project managers can get a high-level overview of progress, cost, resources and more by toggling over to the real-time project or portfolio management dashboards. Each dashboard offers unique data on easy-to-read graphs and charts that show time, cost, workload and more. For deeper analysis, use customizable reports on status, workload, variance, timesheets and more. Each can be filtered to show key data points or a more general summary of progress, which can then be shared with stakeholders. Even our secure timesheets help by monitoring labor costs to help keep to the budget. /wp-content/uploads/2024/04/Portfolio-Summary-Dashboard-Home-Screen-Light-Mode.png Related Project Planning Content A project outline is like an overview of what is needed to deliver a project. For those readers who’d like more information on project planning, you’re in the right place. Below are a handful of links to recently published articles from our blog on the topic. What Is the Project Life Cycle? Project Phases Explained Project Documentation: 15 Essential Documents How to Write Effective Project Objectives & Goals Every Time Project Management Tools & Techniques Project Management Basics: Definitions, Methods and Tools ProjectManager is online project and portfolio management software that connects teams whether they’re in the office or out in the field. They can share files, comment at the task level and stay updated with email and in-app notifications. Join teams at Avis, Nestle and Siemens who use our software to deliver successful projects. Get started with ProjectManager today for free. The post How to Make a Project Outline (Example Included) appeared first on ProjectManager. View the full article
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Essential Tips to Ship a Gift for Memorable Moments and Customer Satisfaction
Key Takeaways Importance of Gift Shipping: Timely and accurate shipping is vital for customer retention and brand reputation, ensuring a positive gifting experience.Types of Gifts: Understand different categories of gifts, such as physical goods, gift baskets, digital items, and subscription services, each requiring tailored shipping strategies.Choosing Packaging Wisely: Use sturdy packaging and protective materials to secure gifts during transit, and consider reusing boxes with proper care to enhance customer satisfaction.Selecting Shipping Services: Evaluate various carriers for reliability, speed, and cost, and ensure you offer tracking options to keep customers informed about their shipments.Weight and Size Restrictions: Familiarize yourself with carriers’ limits on package weight and size to avoid additional costs and shipping delays.Personalization and Tracking: Enhance the gifting experience with personalized touches and provide real-time tracking to foster transparency and improve customer service. Sending a gift to someone special can create unforgettable moments, but figuring out how to ship it can feel overwhelming. Whether it’s for a birthday, an anniversary, or just because, ensuring your thoughtful present arrives safely and on time is key. With the right tips and tricks, you can navigate the shipping process effortlessly. From choosing the perfect packaging to selecting reliable carriers, you’ll learn how to make your gift-giving experience smooth and enjoyable. Let’s dive into the essentials of shipping a gift that will leave a lasting impression. Overview of Gift Shipping Gift shipping involves thoughtful planning to ensure timely and secure delivery. For small businesses, mastering this process enhances customer satisfaction and drives repeat sales. Understanding key elements of gift shipping can streamline your operations and elevate your service. Importance of Shipping Gifts Shipping gifts accurately affects customer retention and brand management. Timely delivery fosters positive customer experiences, encouraging word-of-mouth referrals. To manage expectations, communicate delivery windows upfront and monitor shipment statuses. Adaptability in your shipping strategy facilitates resolution of potential conflicts, ensuring your customers remain satisfied. Types of Gifts You Can Ship Various gifts can be shipped to delight your customers, including: Physical Goods: Products like handmade crafts, clothing, and gourmet food items that require careful packaging to prevent damage. Gift Baskets: Curated collections that combine different products offer a unique gifting experience and enhance customer satisfaction. Digital Items: Gift cards or e-vouchers that eliminate shipping concerns while providing instant gratification. Subscription Services: Monthly curated boxes that encourage ongoing customer engagement and build loyalty over time. Each gift type requires specific shipping strategies to manage costs and meet delivery deadlines efficiently. By optimizing your gift shipping process, you position your small business for growth and success. How to Ship a Gift Shipping a gift involves careful planning and execution, especially for small businesses aiming to enhance customer satisfaction. Follow these guidelines to ensure a smooth shipping process. Choosing the Right Packaging Selecting appropriate packaging is vital for ensuring your gift arrives intact. Consider these aspects: Select the Right Box: Use a sturdy box that fits the gift well. Avoid oversized or undersized boxes that can collapse or crush contents, affecting customer satisfaction. Use Protective Materials: Wrap fragile items with bubble wrap or padding. Fill empty spaces with packing peanuts or crumpled paper to secure the gift in transit, preventing damage. Reuse Boxes Wisely: If reusing boxes, remove old labels and ensure the box is free of water damage or rips. Quality packaging contributes to a positive customer experience and reflects on your brand’s reputation. Secure the Box: Seal all seams with strong packing tape, reinforcing corners and edges for added protection. This commitment to quality control minimizes returns and improves inventory management. Selecting a Shipping Service Choosing a reliable shipping service can significantly impact delivery times and customer satisfaction. Evaluate these factors: Research Shipping Options: Compare local and national carriers based on delivery speed, reliability, and rates. Utilizing technology solutions, such as shipping software, can streamline this process. Consider Tracking Services: Select shipping options with tracking capabilities to keep customers informed. Enhanced communication skills in this area can boost customer retention and trust. Evaluate Costs: Analyze shipping costs and options to ensure they align with your budget and business strategy. Consider flat-rate or free shipping promotions to enhance sales management and encourage customer acquisition. Understand Delivery Timeframes: Provide accurate information on shipping times, ensuring you meet deadlines. Accurate delivery forecasts can enhance your business operations and boost customer satisfaction. Implementing these steps not only streamlines your shipping workflow but also positions your business for growth by improving operational efficiency and fostering positive relationships with customers. Considerations for Shipping a Gift When shipping a gift, several key factors enhance the overall experience, especially for small businesses aiming for effective customer service and operational efficiency. Choosing the Right Shipping Service Select reputable shipping services like DHL, FedEx, or UPS, known for their reliability and speed. For domestic deliveries, consider national postal services that offer tracking and insurance. Evaluating these options aligns with your business strategy and ensures timely delivery, which plays a crucial role in customer retention and satisfaction. Weight and Size Restrictions Understand weight and size limitations set by carriers. Most shipping services impose restrictions on package weight, commonly between 70 pounds and 150 pounds, and dimensions that typically shouldn’t exceed 108 inches in length. Keeping your packages within these limits prevents unwanted costs and delays, enhancing your workflow efficiency. Measure your items accurately before packaging to avoid issues. Delivery Times and Costs Analyze delivery times and associated costs to optimize budgeting. Various shipping options may offer different rates and timeframes. Express services guarantee faster delivery at a higher price, while standard shipping saves costs but takes longer. For small businesses, balancing delivery speed with cost-effectiveness supports financial planning and aligns with your project management goals. Regularly review shipping rates to remain competitive and meet customer expectations. Implementing these considerations will streamline your gift shipping process and bolster customer satisfaction. Best Practices for Shipping Gifts Shipping gifts requires attention to detail to ensure successful delivery and enhance customer satisfaction. Follow these best practices to streamline your gift shipping process. Personalizing Your Gift Personalization adds value to your gifts and can improve customer retention. Include a handwritten note or a customized message inside the package. You can also select unique packaging that matches the occasion or reflects your brand’s identity. Tailoring the experience fosters an emotional connection with the recipient, which can lead to repeat business and positive word-of-mouth recommendations. Tracking Your Shipment Tracking your shipments is critical for maintaining transparency and managing customer expectations. Choose a reliable shipping service that provides real-time tracking information. This enables you to share tracking details with customers, keeping them informed about when to expect their gifts. Implementing effective tracking strategies enhances your customer service and helps you address any delays proactively, ensuring optimal operational efficiency and satisfaction. Conclusion Shipping a gift isn’t just about getting it from point A to point B. It’s about creating a memorable experience for both you and the recipient. By taking the time to choose the right packaging and a reliable carrier you can ensure your gift arrives safely and on time. For businesses mastering the art of gift shipping can significantly enhance customer satisfaction. Personal touches like handwritten notes or unique packaging can make all the difference in fostering emotional connections. With careful planning and attention to detail you can elevate your gift-giving process and strengthen relationships. Embrace these strategies and watch how your thoughtful gestures resonate with those who matter most. Frequently Asked Questions Why is thoughtful gift shipping important? Thoughtful gift shipping creates memorable moments for special occasions. Proper planning ensures gifts arrive safely and on time, enhancing the overall gift-giving experience. What are some tips for effective gift shipping? To ship gifts effectively, choose the right packaging, select reliable carriers, and measure items accurately to avoid extra costs. Personalization, such as handwritten notes, can also enhance impact. Which carriers are recommended for shipping gifts? Reputable carriers like DHL, FedEx, UPS, and national postal services are recommended for shipping gifts. They offer reliable services and can accommodate various shipping needs. How can small businesses improve their gift shipping process? Small businesses can improve their shipping process by mastering timely delivery, maintaining effective communication about delivery windows, and personalizing packages to enhance customer satisfaction. What types of gifts can be shipped? You can ship a variety of gifts, including physical goods, gift baskets, digital items, and subscription services. Each type requires a specific shipping strategy for optimal results. How can personalization enhance the gift shipping experience? Adding personalized elements, like handwritten notes or unique packaging, fosters emotional connections and enhances the gift-giving experience, leading to increased customer retention and satisfaction. What should I consider when choosing packaging for gifts? When choosing packaging, select sturdy boxes, use protective materials to prevent damage, and securely seal the box. This prevents mishaps during transit and ensures gifts arrive in perfect condition. How do I determine shipping costs and delivery times? Shipping costs and delivery times depend on the carrier, as well as the weight, size, and distance of the shipment. Measuring items accurately and choosing cost-effective options helps balance speed and expenses. Image Via Envato This article, "Essential Tips to Ship a Gift for Memorable Moments and Customer Satisfaction" was first published on Small Business Trends View the full article
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Essential Tips to Ship a Gift for Memorable Moments and Customer Satisfaction
Key Takeaways Importance of Gift Shipping: Timely and accurate shipping is vital for customer retention and brand reputation, ensuring a positive gifting experience.Types of Gifts: Understand different categories of gifts, such as physical goods, gift baskets, digital items, and subscription services, each requiring tailored shipping strategies.Choosing Packaging Wisely: Use sturdy packaging and protective materials to secure gifts during transit, and consider reusing boxes with proper care to enhance customer satisfaction.Selecting Shipping Services: Evaluate various carriers for reliability, speed, and cost, and ensure you offer tracking options to keep customers informed about their shipments.Weight and Size Restrictions: Familiarize yourself with carriers’ limits on package weight and size to avoid additional costs and shipping delays.Personalization and Tracking: Enhance the gifting experience with personalized touches and provide real-time tracking to foster transparency and improve customer service. Sending a gift to someone special can create unforgettable moments, but figuring out how to ship it can feel overwhelming. Whether it’s for a birthday, an anniversary, or just because, ensuring your thoughtful present arrives safely and on time is key. With the right tips and tricks, you can navigate the shipping process effortlessly. From choosing the perfect packaging to selecting reliable carriers, you’ll learn how to make your gift-giving experience smooth and enjoyable. Let’s dive into the essentials of shipping a gift that will leave a lasting impression. Overview of Gift Shipping Gift shipping involves thoughtful planning to ensure timely and secure delivery. For small businesses, mastering this process enhances customer satisfaction and drives repeat sales. Understanding key elements of gift shipping can streamline your operations and elevate your service. Importance of Shipping Gifts Shipping gifts accurately affects customer retention and brand management. Timely delivery fosters positive customer experiences, encouraging word-of-mouth referrals. To manage expectations, communicate delivery windows upfront and monitor shipment statuses. Adaptability in your shipping strategy facilitates resolution of potential conflicts, ensuring your customers remain satisfied. Types of Gifts You Can Ship Various gifts can be shipped to delight your customers, including: Physical Goods: Products like handmade crafts, clothing, and gourmet food items that require careful packaging to prevent damage. Gift Baskets: Curated collections that combine different products offer a unique gifting experience and enhance customer satisfaction. Digital Items: Gift cards or e-vouchers that eliminate shipping concerns while providing instant gratification. Subscription Services: Monthly curated boxes that encourage ongoing customer engagement and build loyalty over time. Each gift type requires specific shipping strategies to manage costs and meet delivery deadlines efficiently. By optimizing your gift shipping process, you position your small business for growth and success. How to Ship a Gift Shipping a gift involves careful planning and execution, especially for small businesses aiming to enhance customer satisfaction. Follow these guidelines to ensure a smooth shipping process. Choosing the Right Packaging Selecting appropriate packaging is vital for ensuring your gift arrives intact. Consider these aspects: Select the Right Box: Use a sturdy box that fits the gift well. Avoid oversized or undersized boxes that can collapse or crush contents, affecting customer satisfaction. Use Protective Materials: Wrap fragile items with bubble wrap or padding. Fill empty spaces with packing peanuts or crumpled paper to secure the gift in transit, preventing damage. Reuse Boxes Wisely: If reusing boxes, remove old labels and ensure the box is free of water damage or rips. Quality packaging contributes to a positive customer experience and reflects on your brand’s reputation. Secure the Box: Seal all seams with strong packing tape, reinforcing corners and edges for added protection. This commitment to quality control minimizes returns and improves inventory management. Selecting a Shipping Service Choosing a reliable shipping service can significantly impact delivery times and customer satisfaction. Evaluate these factors: Research Shipping Options: Compare local and national carriers based on delivery speed, reliability, and rates. Utilizing technology solutions, such as shipping software, can streamline this process. Consider Tracking Services: Select shipping options with tracking capabilities to keep customers informed. Enhanced communication skills in this area can boost customer retention and trust. Evaluate Costs: Analyze shipping costs and options to ensure they align with your budget and business strategy. Consider flat-rate or free shipping promotions to enhance sales management and encourage customer acquisition. Understand Delivery Timeframes: Provide accurate information on shipping times, ensuring you meet deadlines. Accurate delivery forecasts can enhance your business operations and boost customer satisfaction. Implementing these steps not only streamlines your shipping workflow but also positions your business for growth by improving operational efficiency and fostering positive relationships with customers. Considerations for Shipping a Gift When shipping a gift, several key factors enhance the overall experience, especially for small businesses aiming for effective customer service and operational efficiency. Choosing the Right Shipping Service Select reputable shipping services like DHL, FedEx, or UPS, known for their reliability and speed. For domestic deliveries, consider national postal services that offer tracking and insurance. Evaluating these options aligns with your business strategy and ensures timely delivery, which plays a crucial role in customer retention and satisfaction. Weight and Size Restrictions Understand weight and size limitations set by carriers. Most shipping services impose restrictions on package weight, commonly between 70 pounds and 150 pounds, and dimensions that typically shouldn’t exceed 108 inches in length. Keeping your packages within these limits prevents unwanted costs and delays, enhancing your workflow efficiency. Measure your items accurately before packaging to avoid issues. Delivery Times and Costs Analyze delivery times and associated costs to optimize budgeting. Various shipping options may offer different rates and timeframes. Express services guarantee faster delivery at a higher price, while standard shipping saves costs but takes longer. For small businesses, balancing delivery speed with cost-effectiveness supports financial planning and aligns with your project management goals. Regularly review shipping rates to remain competitive and meet customer expectations. Implementing these considerations will streamline your gift shipping process and bolster customer satisfaction. Best Practices for Shipping Gifts Shipping gifts requires attention to detail to ensure successful delivery and enhance customer satisfaction. Follow these best practices to streamline your gift shipping process. Personalizing Your Gift Personalization adds value to your gifts and can improve customer retention. Include a handwritten note or a customized message inside the package. You can also select unique packaging that matches the occasion or reflects your brand’s identity. Tailoring the experience fosters an emotional connection with the recipient, which can lead to repeat business and positive word-of-mouth recommendations. Tracking Your Shipment Tracking your shipments is critical for maintaining transparency and managing customer expectations. Choose a reliable shipping service that provides real-time tracking information. This enables you to share tracking details with customers, keeping them informed about when to expect their gifts. Implementing effective tracking strategies enhances your customer service and helps you address any delays proactively, ensuring optimal operational efficiency and satisfaction. Conclusion Shipping a gift isn’t just about getting it from point A to point B. It’s about creating a memorable experience for both you and the recipient. By taking the time to choose the right packaging and a reliable carrier you can ensure your gift arrives safely and on time. For businesses mastering the art of gift shipping can significantly enhance customer satisfaction. Personal touches like handwritten notes or unique packaging can make all the difference in fostering emotional connections. With careful planning and attention to detail you can elevate your gift-giving process and strengthen relationships. Embrace these strategies and watch how your thoughtful gestures resonate with those who matter most. Frequently Asked Questions Why is thoughtful gift shipping important? Thoughtful gift shipping creates memorable moments for special occasions. Proper planning ensures gifts arrive safely and on time, enhancing the overall gift-giving experience. What are some tips for effective gift shipping? To ship gifts effectively, choose the right packaging, select reliable carriers, and measure items accurately to avoid extra costs. Personalization, such as handwritten notes, can also enhance impact. Which carriers are recommended for shipping gifts? Reputable carriers like DHL, FedEx, UPS, and national postal services are recommended for shipping gifts. They offer reliable services and can accommodate various shipping needs. How can small businesses improve their gift shipping process? Small businesses can improve their shipping process by mastering timely delivery, maintaining effective communication about delivery windows, and personalizing packages to enhance customer satisfaction. What types of gifts can be shipped? You can ship a variety of gifts, including physical goods, gift baskets, digital items, and subscription services. Each type requires a specific shipping strategy for optimal results. How can personalization enhance the gift shipping experience? Adding personalized elements, like handwritten notes or unique packaging, fosters emotional connections and enhances the gift-giving experience, leading to increased customer retention and satisfaction. What should I consider when choosing packaging for gifts? When choosing packaging, select sturdy boxes, use protective materials to prevent damage, and securely seal the box. This prevents mishaps during transit and ensures gifts arrive in perfect condition. How do I determine shipping costs and delivery times? Shipping costs and delivery times depend on the carrier, as well as the weight, size, and distance of the shipment. Measuring items accurately and choosing cost-effective options helps balance speed and expenses. Image Via Envato This article, "Essential Tips to Ship a Gift for Memorable Moments and Customer Satisfaction" was first published on Small Business Trends View the full article
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Whoop’s Strength Trainer Has Its Flaws, but Is Still Better Than Anything Its Competitors Have
We may earn a commission from links on this page. Two years ago, screenless fitness tracker Whoop took on a problem that none of its competitors have managed to solve: answering the question “how hard was your weightlifting workout?” Its initial implementation was clunky and finicky. I don’t think I managed to log a single workout correctly. But now, with improvements over the years, it’s become a much more useful feature. The game changer for me? Being able to connect exercises to a workout after you do the workout. This way you can’t mess up the tracking during the workout, but you still get the thing you actually care about—a Strain score accurate enough to power the app’s sleep and recovery recommendations. Read on for more about how to use the Strength Trainer, and what it can and (still) can’t do. What is Whoop’s Strength Trainer? Credit: Beth Skwarecki The Strength Trainer is a way of tracking strength workouts, separate from the way you’d track any other workout with Whoop. It was introduced in 2023, and aims to give you a more appropriate Strain score (reflecting how hard the workout was on your body) compared to tracking it purely by heart rate. To use the Strength Trainer, you need to create (or choose) a workout in the app, telling Whoop exactly what exercises you plan to do, what weight you’re using, and how many sets and reps. You can either have the app follow along with your workout in real time, or connect a workout to an activity after the fact. Why Whoop’s Strength Trainer gives it a huge advantage over other wearables Normally, when you track a workout with Whoop, you simply start an activity, and it measures your heart rate during the activity. This makes perfect sense for cardio activities, like running. The higher your heart rate is, for longer, the higher Strain score you’ll get as a result. A high Strain activity is hard on your body, and requires more recovery. A lower Strain score is easier, maybe even restorative. This approach never worked for strength training, though—and that’s a caveat that applies to tracking strength training with any heart-rate-enabled wearable. Your heart rate graph during a weightlifting session will show lots of resting time, and only brief spikes into higher territory. Those heart rate spikes don’t tell the full story of how hard your muscles were working to lift the weight. That’s why I keep saying to ignore heart rate during weight lifting sessions. Before Whoop introduced the Strength Trainer, my weightlifting sessions would always appear in the app as light workouts, equivalent to an easy run or brisk walk—even if I’d had a killer, heavy workout. But with the feature, strength workouts now show an appropriate amount of Strain. And since Strain scores power your recovery recommendations, that’s kind of important. The Strength Trainer turned Whoop from a wearable that only made sense for endurance athletes into one that makes sense for strength athletes, as well, and everybody in between. The best way to use Whoop’s Strength Trainer is after the fact Adding the details of my strength workout brings it from a 9.2 strain (light) to 13.1 (the upper end of moderate—maybe not accurate, but definitely closer to reality). Credit: Beth Skwarecki Below, I’ll explain how you’re supposed to use the Strength Trainer during workouts. But let me skip to my conclusion: Using it during a workout sucks. Using it after a workout is a stroke of genius by the Whoop team, and gives me everything I really need from this feature. All you do is this: Tap “start activity” and select the activity type as Weightlifting, Powerlifting, Functional Fitness, or Box Fitness. Do your strength workout. End the activity and wait for Whoop to process it. Tap the activity, ignoring its insultingly low Strain score, and tap the box that invites you to connect a strength workout to calculate muscular load. Choose or create a workout that matches what you did. Wait while Whoop re-processes the workout, and enjoy your new, higher Strain score. I keep track of my workouts in a notebook while I do them, so it’s simple for me to fill in the details afterward. You could use an app if you prefer—Hevy is one of my favorites. And yes, you could follow along with the Whoop app, but that’s an experience so frustrating and error-prone that I can’t recommend it. Still, for the sake of being thorough, let’s dig in. How to use Whoop’s Strength Trainer during a workout (and why I don’t)Before you start using the Strength Trainer during a workout, you’ll need to set up a workout with the specific exercises you’d like to do. You’ll also want to fill in the reps and weights of each exercise, if possible. To start the workout, you go to the plus icon in the corner of the app’s home screen, and instead of selecting Start Workout, select Strength Trainer instead. Choose the workout you created, and hit Start Workout from that screen. The app will start a warmup timer, and you can begin your exercises by tapping Start First Set. Ironically, one of the things that makes the Whoop ideal for weightlifting—that you can wear it on a bicep band to keep your wrists free for wraps, straps, or kettlebell movements—is not kosher here. The app asks if you’ll be wearing your Whoop on your left or right wrist. Those are your only choices. (I wear it on my bicep anyway. I don’t know if this affects the results.) To do the workout, you’ll need to tap a button in the app every time you start a set and every time you finish one. This is awkward if you don’t want to have your phone with you, and double awkward if you do want to use your phone for anything during the workout. For example, if I’m videoing a set, I need to start the set, switch apps, start my camera, do the set, stop my camera, switch apps, and stop the set in the Whoop app. Miss a step, and you screw up your workout tracking. During a workout, you can: Add a set Remove the last set of an exercise (but not a specific set in the middle) Reorder exercises Redo a set (if you started it by accident) Add an exercise Remove an exercise Change the weight of an exercise (including one you already did) You cannot: Log a set as having been done in the past (if you did it but forgot to hit the start button) Set a timer to alert you when a certain rest time has passed Being able to edit the workout on the fly, or undo a set, are great additions that the Strength Trainer didn’t have when it first launched. But there is still no way to address the common problem (for me, anyway) of forgetting to start a set. When I’m filming sets, or using my phone for anything else during the workout—responding to a text, say—I can easily lose track of the Whoop app. I say, “that’s enough texting,” put down the phone, lift my weight, and then return to the phone and realize my mistake. Drives me nuts. It would help if the Strength Trainer could do a live activity on the lock screen, like it does when I go for a run. Unfortunately, live activities for strength training are only available on Android at the moment. (I use an iPhone.) Why the Strength Trainer still disappoints meI still have such mixed feelings about the Strength Trainer. On the pro side: It does give me an appropriate Strain score for my weightlifting, and adding the workout after the fact is convenient and doesn’t mess up my workout. (I wish there were a push notification so I couldn’t forget, but as long as I remember, it’s all good.) No other wearable does anything like this; they all track the effects of strength training as if it were a type of cardio. But the follow-along version is high-maintenance, like babysitting a toddler during your workout. I’m always making mistakes that there isn’t an easy way to fix. It also doesn’t want me to use my bicep band (sorry, but I can’t use a wrist device for some of my exercises). There’s also no way to enter paused exercises (like a squat where you count to three before standing up) or complexes (like clean + front squat + jerk as one rep). These limitations seem to be tied to the Strength Trainer’s origins in Whoop’s 2021 acquisition of Push, a company that tracked strength exercises through a wrist-based velocity sensor. Whoop users were excited to see velocity-based training (VBT) come to Whoop, but that never happened. In a VBT workout, a coach (or app) gauges how fast you were moving—say, how fast you could stand up from a squat—and use that data to tell you whether or not to add weight for your next set. This way, you’d get customized coaching that responds to how you’re actually performing that day. If you’re tired and everything feels heavy, you’d move slower and the app would cue you to use less weight. If you’re feeling great and even heavy weights move fast, the app would have you push yourself a little harder. But Whoop never brought that promise to Whoop users. (If they have plans, they’re still under wraps.) Instead, they seem to have used some of the underlying technology to train their own algorithms to recognize exercises. If you do a squat while using the Strength Trainer, your Whoop device will, presumably, notice when your rep starts and ends, and record how fast you did the squat. What Whoop does with this data is unclear, though. The company’s materials, like the press release from the Strength Trainer’s launch, carefully avoid using the word “velocity” anywhere. Instead, they seem to use “intensity” as a substitute, which only leads to confusion. In traditional strength training, an intense (heavy, hard on your body) rep would show up in VBT as slow movement. But a Whoop spokesperson said on Reddit that they assume you’re working harder when you move a weight fast. Unfortunately, since Whoop is so squirreley in describing its algorithms, it’s really hard to know what it’s doing, or even what you’re missing (if anything) when you log a strength workout after the fact versus following along in the moment. I emailed back and forth with the Whoop team when the Strength Trainer first came out, trying to understand what calculations it was doing and why, but they kept sending me vague statements that explained nothing. There also haven’t been any validation studies that I can find, comparing the results of the Strength Trainer to, well, anything. Whoop now says it “estimat[es] maximum volume from your workout history,” but I don’t know if that’s a change from the initial implementation or not. They also say it “calculates your personal muscular load by taking the highest intensity of each exercise from your profile.” Does that mean the heaviest (using the traditional sense of intensity) or the fastest (using intensity as a euphemism for velocity)? Again, they don’t define their terms. So, I’m disappointed on many levels. I’m disappointed that Whoop seemed to cannibalize a VBT company to provide something that doesn’t even do VBT. I’m disappointed that Whoop doesn’t tell you what the Strength Trainer is even doing in there. I’m disappointed that the Strength Trainer is so hard to use in its most full-featured version, and I’m disappointed that I don’t even know whether I’m missing out by using the more convenient Log Later function. Ironically, the part of the Strength Trainer I use most—logging later—probably never needed any heart rate or velocity tracking at all. Just enter your numbers, and let the algorithm see how much and how heavy you were lifting. Whoop didn’t need to acquire a company or build out a finicky follow-along feature for that. But here we are. If you find it convenient to follow workouts through the app, great. You are luckier than I. But even with the after-the-fact workout logging, Whoop has still managed to address the fact that strength training is harder on your body than a light cardio workout—something that other wearable companies have not figured out how to do. View the full article
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Sir Keir Starmer changes stance on trans women after Supreme Court ruling
UK prime minister no longer believes ‘trans women are women’, Downing Street says View the full article
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Notion Mail Takes You Back to When Gmail Was Good
Notion Mail is finally out in the wild, for anyone who has a Gmail account. And it's quintessential Notion. If you've used the standard Notion app, you really can't confuse it for anything else. Notion Mail is a minimalist and text-based take on the Mail app that isn't trying to do anything revolutionary. There are no AI summaries, and no complicated split views like in Superhuman. It's just your email, sorted in a way that you like. What does it mean, though, to apply the Notion philosophy to email, and is it good enough for you to make the switch? That is, if you even can. Currently, Notion Mail only works on the Web and on Mac, and it only supports Gmail accounts (leaving out Outlook and enterprise emails). Notion Mail's iOS app is on the way, and the Android app will launch in 2025 as well. But there's no app for Windows on the roadmap. What is Notion?Notion Mail is the latest product from Notion Labs, which is known for its extremely customizable note taking app. Every note in Notion starts with a blank page, but can be customized with blocks, tables, images and more. Some people even turn it into a database, as Notion makes it easy to link one page to another. Notion is free to use for individual users, but charges $10 per month per user for businesses. Plus there's the $10 per month cost for Notion AI, which I'll come back to below. Essentially, Notion Mail aims to take the same minimalist approach of the note-taking app, and apply it to email. Notion users will feel at home Credit: Khamosh Pathak Let's start with how Notion Mail looks and works. It has the same unassuming black and white design that Notion is known for. The buttons are gray, and there are none of the pastel colors or rainbow gradients usually found in AI apps these days. In other words, it feels like Gmail did 15 years ago, but modernized. There's a sidebar that shows all your views, and then a list of email. And that's that, as far as design goes. But because this is Notion, there is also a highly useful command palette (Command+K), so you can compose emails or take actions without leaving your keyboard. Credit: Khamosh Pathak There's support for keyboard shortcuts, too, and native Markdown support, which makes formatting long emails a breeze (and is something that's missing from Gmail and every other major email app). Notion AI is also integrated into the compose box, so you can highlight text and improve your writing, or write an email with a prompt. For integrations, you can set up reminders to remind you to reply to an email, in case you miss it. You can also integrate Notion Calendar to easily display your availability. It's all about AI Auto LabelsNotion isn't rocking the boat with its mail app, but its selling point is the Auto Label feature, which is coupled with the sidebar's Views feature. Let's talk about the Views first. When you first click on Views, you'll be prompted to create feeds for email categories like Promotions, Calendar invites, Updates, and more. You might even be prompted to create custom Views based on your inbox. For instance, the app suggested that I make a view for all my GitHub emails, which is slightly confusing because I'm nowhere near a developer. But you can go in and create a new View at any time. Notion has some templates ready to go from the start, but the easiest way to go about it is to use a prompt and the AI Auto Label feature. Credit: Khamosh Pathak Click the Auto Label button in the top toolbar any time to create a new Label. Here, you'll see a simple text box. Enter any prompt here to create an auto label. For example, you can enter "Emails from Reddit" or "Emails from Grace" to get started. It can help to get a bit granular: The more detailed or specific that you can make it, the better off you'll be. After you enter the prompt, you'll see a toggle switch asking if you want to separate out these emails from the Inbox or not. Notion will also prompt you to "auto label similar" emails as you go about your business. Don't worry: Notion will ask you to approve any labels before applying them. If it's gotten something wrong, you can remove that email, or add in an email that the system overlooked. Credit: Khamosh Pathak After a couple of days of using AI Auto Labels, my experience has been mixed. The first thing to note is that Auto Labels don't go as far back as I would like. So you can't use it to sort out all your invoices from Amazon in the past year in one View. For that, you'd still need to use Gmail search, or another AI like Shortwave. Though, you can create a View for all incoming Amazon emails and invoices, so your future emails will at least be all set. Credit: Khamosh Pathak While Notion Mail is free, you also only get limited access to Notion AI features in the free plan, including the Auto Labels feature. Notion doesn't make it clear what the specific limits are for individuals, but I ran into them pretty quickly after doing my casual testing, where I created 5–6 Auto Labels and tested out Notion AI's writing capabilities. Business limitations are a bit clearer, as Notion says free AI tokens are limited to 500 responses for a workspace. And the more people you add in a workspace, the more Notion raises the free responses limits. As for me, my Notion AI trial ended after just 10 or so responses. And once that happens, you'll have to either wait for the next month to get more free AI credits, or pay up the $10/month for unlimited usage. When you run out of free Notion AI credits, the Auto Labels feature will stop working, and the button with have a Red icon on it, too. The same goes for AI writing features. A Notion wrapper for GmailNotion Mail can serve as a nice alternative to Gmail users who are frustrated with growing bloat, or having to dodge Gemini sidebars. For these users, the minimalist, test-heavy, keyboard-first, and Markdown supported take on Gmail should serve as a faster and simpler alternative. But when it comes to AI, it's still a developing story. AI writing tools are now pretty standard in almost every email app, so whether Notion will appeal to you depends on how much you like to label your email, and how interested you are in some AI help with that. For something more complex, try Shortwave, which offers free and paid plans and offers some more robust AI inbox integration. It's less minimal, but also far more powerful. View the full article
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I’m working for my parents’ company — and my colleagues are being jerks
This post was written by Alison Green and published on Ask a Manager. A reader writes: Through a bit of misfortune, I had to fall back on working at the company my parents own, in order to pay my bills. It is a challenging job market, to say the least, so I am grateful that I have this safety net I can fall back on. However, it isn’t without its own league of challenges: my coworkers have taken to making complaints about me to my parents, who are the bosses, about issues that quite frankly seem petulant. In one case, one coworker was noting what times I was clocking in and made a complaint when I clocked in three hours earlier than everybody else to finish paperwork in peace without any interruptions. (Because I am neurodivergent, it is very difficult for me to finish a task if I am constantly being distracted by requests, phone calls, and other distractions that happen during business hours.) Another time, the same coworker lodged a complaint because she didn’t see my car in the parking lot and assumed I had not clocked out. After that, I parked my car across the street at another lot and caught her walking around outside our parking lot as if she was looking for my car despite me being at work. I can’t help but feel that this seems very targeted and purposeful because I’m the bosses’s adult child. In another situation, I was given a stack of paperwork that my coworkers had been sitting on for weeks and was then blamed for not finishing the reports by the time they were due. Because they sat on the paperwork so long, some of them were due next day or already overdue. I’m not new to working and have a bachelor’s with 10 years of work experience in various fields, and I’m not under-qualified in anyway for my current job. My parents don’t want to give the appearance of favoritism or nepotism, so when these people are making these complaints they’re not quite sure how to navigate it either. It is incredibly frustrating to work with people who shift blame and continue to complain about trivial or petty things when they should be minding their own business. How can my parents and I implement a strategy for dealing with this that isn’t going to drive us all crazy? It’s good that your parents don’t want to create the appearance (or the actuality) of favoritism, but they also shouldn’t go so far in the other direction that they’re ignoring real issues or allowing you to be mistreated. It might be useful for you to ask — and for them to think about — how they would handle it if an employee who wasn’t related to them was being targeted in this way. Hopefully they’d shut it down, and that’s what they should do here too. The next time someone raises a baseless or trivial complaint about you, they should do exactly what they would if you were any other employee. Presumably that means they should say to the complainer, “It’s not your job to track what time other employees clock in and out. If something is interfering with your ability to do your job, please raise it but you should not be monitoring your coworkers’ schedules.” And/or, “Jane has permission to work the schedule she’s working. Please do not continue to monitor colleagues in this way.” If someone gives you work that they sat on for weeks and then gets upset when it’s not finished on time (or if it was already overdue by the time it came to you!), that’s something you can try addressing yourself first: “It looks like this came to us three weeks ago but wasn’t assigned to me until yesterday, which created a time crunch. Can we develop a better system so that doesn’t happen?” And if it continues to happen, escalate it — either to your manager or to theirs. Basically, both you and your parents need to handle it exactly the way you would handle if none of you were related. But bigger picture, they should also try to figure out what’s at the root of people’s resentment. Do they feel you got a job that you don’t deserve? Do you have knowledge gaps that are making their jobs harder? (And if so, are those gaps normal for any new hire but landing differently now because you’re the boss’s kid, or is any of that frustration legitimate?) Do they feel like you’re being held to a different set of rules than they are? (And if so, are you?) Was there already a culture problem in the organization that had people primed to be extra sensitive to any perceived unfairness? Are people frustrated with the organization’s management for other reasons and see you as a symptom of those broader problems? In a reasonably healthy organization, it would be pretty unusual to respond to the owners’ kid the way you’ve described. People might assume you’re getting special treatment, but usually they’d assume that special treatment would make it a particularly bad idea to treat you as enemy. The fact that they instead feel licensed to openly hassle you says something else might be going on in the culture there … which your parents should dig into, totally independent of whatever is happening around you. View the full article
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Google Ad spend continues to outpace traffic volume: Report
Google search ad spending grew 9% year over year in Q1 2025, according to new data from digital marketing agency Tinuiti. Increasing costs, rather than click volume, drove most of that growth. Google Search overall: Google Search spending grew by 9% YoY in Q1 2025 (down slightly from 10% in Q4 2024). Click growth was stable at 4% YoY. Whilst average cost per click (CPC) increased by 5% YoY. Google Shopping Ads: Shopping ad had a 8% YoY spending growth (however down from 10% in Q4 2024). Click volume improved by 9% YoY (up from just 1% in Q4). CPC remained stable at 1% YoY decrease. Competitive landscape. Amazon maintained a strong presence in Google shopping auctions with roughly 60% impression share against the median retailer, similar to Q1 2024 levels. Target held steady at 24% impression share (down marginally from 25% in Q1 2024), Walmart maintained 22% impression share year-over-year Temu dramatically reduced its Google shopping presence in early April following news of U.S. tariff changes, dropping to zero impression share by mid-April. Performance Max: 93% adoption rate among retailers running Google shopping ads Accounts for 53% of Google shopping ad spending (down from 69% in Q4 2024) Has 10% lower conversion rate than standard Shopping Has 13% higher CPC than standard Shopping Delivers 7% lower ROAS (return on ad spend) than standard Shopping Microsoft Search: 17% YoY spending growth (up from 7% in Q4 2024) 5% YoY click growth (improved from a 3% decline in Q4) 11% YoY increase in CPC Brand: Brand keywords saw particularly aggressive CPC increases, with costs for text ads containing an advertiser’s own brand name rising 19% compared to just 3% for non-brand keywords. Why we care. The latest trends show search platforms continue to extract more revenue per click, putting pressure on advertisers’ margins even as competition ramps up between Google and Microsoft. With Microsoft growth rate (+17% YoY) being higher than Google’s growth (+9% YoY), suggesting Microsoft continues to be a strong contender for marketing strategy. Political factors have also made a big impact, with Temu dropping out of shopping ads, therefore it’s likely there will be further shifts in Shopping traffic and costs in Q2 of 2025. What we’re watching: Performance Max adoption remained high at 93% of retailers running Google shopping ads, though its share of spending fell from 69% in Q4 2024 to 53% in Q1 2025 as some advertisers shifted budget back to standard shopping campaigns for greater control. Key takeaways. Shopping ads demonstrate resilience amongst fluctuating political mandates. PMax adoption remains high despite a decrease in spending due to performance deterioration compared to standard shopping. Major retailers maintain dominant positions in shopping ad impressions. Microsoft is seeing positive growth, which should help improve advertisers’ confidence and add the platform to their marketing strategy. Major retailers maintain dominant positions in shopping ad impressions. The report. Tinuiti’s Q1 2025 Digital Ads Benchmark Report. View the full article
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US markets rally as Treasury secretary says China trade war is ‘unsustainable’
Scott Bessent tells investors he expects two countries to reach a deal that would end restrictions on flow of goodsView the full article
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‘Perfect example of what a snipe should be’: The Dr Pepper guy is stream sniping IRL—and the internet can’t get enough
Stalking, but with a side of Dr Pepper? A number of streamers in Japan have recently had run-ins with a mysterious stream sniper known only as the Dr Pepper Guy. As Dexerto first reported, after tracking down streamers in random locations, the unknown figure silently cracks open a cold Dr Pepper, hands it over, and disappears without a word. Stream sniping—where viewers deliberately join or disrupt a live stream—has become increasingly common as IRL livestreaming grows in popularity on Twitch. While it sometimes raises safety concerns, resulting in unwelcome stalking and harassment, other times it’s a bizarre example of the internet at its weird and wonderful best. In a clip posted two days ago by Twitch streamer Mizkif, the group is seen enjoying sushi in a private restaurant booth when the door slides open and a hand holding a Dr Pepper appears. Silently, the man places the can on the table and retreats without a word. “I would love to know how he found us,” Mizkif says to the camera, confused. “We just drove 30 minutes in an Uber away from where we were, at a random Omakase on the fourth floor of this building.” That doesn’t stop Mizkif from cracking the can open and taking a swig. While stream sniping is typically discouraged, fans seem more forgiving when refreshing beverages are involved. “You’re being stalked, but your stalker drops off a can of Dr Pepper, so it’s okay,” wrote one Redditor. “Once again perfect example of what a snipe should be, respectful, short, and ambiguous,” another viewer commented. Mizkif isn’t the only recent target. Streamers Vangard, T10Nat, and Tokyo Sims have all been “Dr Peppered” in the past couple of weeks, with videos of their encounters following a similar format. Some viewers suspect the streamers may be in on the joke, given how easily Dr Pepper Guy seems to find their locations—even at private events. Others wonder if it’s all just a clever marketing stunt. “I rarely fall for marketing but man this guy actually got me wanting Dr Pepper,” a Redditor commented. If Dr Pepper hasn’t already, they might want to get this guy on payroll. View the full article
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Trump's Fed attacks have significant impact, Goldman economist says
President Donald The President's threats to fire Federal Reserve Chair Jerome Powell have had a significant impact on financial markets, Goldman Sachs Chief Economist Jan Hatzius said. View the full article
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Transform Your Vision: Ideas and Inspiration for Growing a Small Business
Key Takeaways Growth is Multifaceted: Small business growth encompasses not just increased sales, but also enhanced efficiency, customer satisfaction, and improved operations. Embrace Innovation: Utilizing technology, expanding product offerings, and forming strategic partnerships can significantly enhance your business’s growth potential. Learn from Success and Failure: Studying successful case studies like Canva and Warby Parker illustrates the impact of resilience and customer focus, while understanding common pitfalls helps you avoid them. Effective Marketing is Essential: Utilizing social media and content marketing techniques is crucial for boosting brand visibility and engaging with customers, thus driving sales and retention. Financial Planning Matters: Establishing a robust budget and exploring diverse funding options are key components in ensuring sustainable growth and optimizing operational efficiency. Growing a small business can feel like climbing a mountain, but with the right ideas and inspiration, you can reach new heights. Whether you’re just starting out or looking to expand, tapping into fresh strategies can ignite your entrepreneurial journey. In this fast-paced world, creativity is your best ally. From leveraging social media to exploring unique partnerships, there are countless ways to elevate your brand and attract customers. Get ready to discover innovative approaches that can transform your small business and set you apart from the competition. Understanding Small Business Growth Understanding small business growth involves recognizing its significance and facing the common challenges that arise. Growth isn’t just about increasing sales; it embodies improving efficiency, customer satisfaction, and overall operations. Importance of Growth in Small Businesses Growth plays a crucial role in small businesses. It enhances brand visibility and strengthens market position. You gain opportunities for better cash flow and access to improved resources. Growth allows you to meet evolving customer needs, ensuring customer retention and satisfaction. Developing a solid business strategy can accelerate growth by targeting new markets and refining your marketing efforts. Common Challenges Faced by Small Businesses Small businesses often encounter several challenges during growth. These challenges include: Cash Flow Management: Securing sufficient cash flow proves vital for covering expenses and funding growth initiatives. Time Management: Balancing multiple tasks and responsibilities can hinder efficiency and productivity. Employee Management: Developing a strong team involves effective performance reviews, employee training, and ongoing development. Workflow Issues: Streamlining business processes ensures that operations run smoothly and meet deadlines. Customer Acquisition: Attracting and retaining customers amidst competition requires innovative marketing strategies and effective communication skills. Addressing these challenges with strategic planning and appropriate solutions will empower you to scale your business successfully. Innovative Ideas for Business Growth Exploring fresh strategies can significantly enhance your small business growth. Consider these innovative ideas to drive your business forward. Leveraging Technology and Digital Tools You can use technology solutions to streamline business operations and improve efficiency. Software tools like project management systems help you manage tasks effectively, while data analysis software offers insights for informed decision-making. Integrating automation into your workflow reduces repetitive tasks, allowing you to focus on higher-value activities. Utilize customer feedback tools to enhance customer service, driving greater satisfaction and retention. Expanding Product or Service Offerings You can grow your business by diversifying products or services offered. Consider assessing inventory management systems to identify customer demands and trends. Introducing complementary items or enhancing existing services can attract new customers and satisfy current ones. This strategy requires keeping an eye on quality control to maintain high standards and ensure customer loyalty. By aligning your offerings with your business goals, you increase opportunities for sales and business expansion. Collaborations and Partnerships You can benefit from forming strategic partnerships and collaborations within your industry. These relationships can enhance brand management and expand your reach. Collaborating with other businesses allows for cost-sharing in marketing campaigns, which improves sales management and customer acquisition efforts. Furthermore, partnerships enable you to tap into new customer bases and share resources, maximizing productivity while minimizing expenses. By fostering strong business partnerships, you enhance your operational efficiency and drive growth. Inspiring Success Stories Success stories can motivate you to push through challenges and focus on your business growth. Here are two compelling examples of small businesses that overcame obstacles and emerged successful through innovative strategies. Case Studies of Successful Small Businesses Melanie Perkins of Canva: Melanie Perkins identifies with the struggle of making design accessible. After being turned down by over 100 investors, her perseverance resulted in securing funding. Canva’s business model streamlined design processes and made software user-friendly. By addressing a real market need and emphasizing customer feedback, she transformed a complex task into a simple solution, driving significant business growth. Neil Blumenthal, Dave Gilboa, Andy Hunt, and Jeff Raider of Warby Parker: The founders of Warby Parker tackled the high costs of prescription eyewear. They launched an online platform providing affordable glasses while prioritizing customer service. This strategic approach not only enhanced customer acquisition but also built a loyal customer base. By listening to their customers’ needs, they refined their marketing strategy and created a brand that resonates with consumers seeking value and quality. Lessons Learned from Failures Many entrepreneurs face setbacks before achieving success. Learning from these failures is crucial. Cash Flow Management: Mismanaging cash flow can hinder business operations. Many small businesses failed due to the inability to cover operating expenses. Maintaining accurate financial records and budgeting consistently allows you to avoid this pitfall, ensuring you meet financial obligations. Team Management Challenges: Poor team management often leads to decreased productivity. Struggling with delegation and performance reviews can weaken employee morale. Incorporating employee training and development programs fosters a positive work culture, improves communication skills, and enhances team effectiveness. Inadequate Market Research: Entering the market without a solid strategy can result in costly mistakes. Some businesses launched products that didn’t meet customer expectations. Conducting thorough market analysis and gathering customer feedback before launching new offerings can mitigate risk and drive better decision-making. These stories and lessons underscore the importance of strategic planning in small business growth. They highlight that innovation, resilience, and a focus on customer value enable you to navigate challenges effectively. Marketing Strategies for Growth Effective marketing strategies are essential for small businesses aiming for growth. Implementing these tactics can enhance your brand visibility, improve customer acquisition, and drive sales. Utilizing Social Media Effectively Utilizing social media creates significant opportunities for customer engagement. Choose multiple platforms like Facebook, Twitter, and Instagram to connect with your audience. Building social relationships fosters loyalty and allows you to receive immediate feedback. Regular updates through posts, stories, and ads can highlight promotions, events, or new products, boosting customer retention and expanding your reach. Consider incorporating user-generated content to enhance authenticity. Engaging with customers through comments and messages improves communication skills and strengthens your brand’s community presence. Content Marketing and SEO Techniques Content marketing enhances your online visibility and establishes authority in your niche. Create high-quality blog posts, videos, or infographics that address your audience’s needs and interests. Incorporating SEO techniques helps drive traffic to your website. Utilize keywords related to your business model and industry trends. This strategy improves organic search rankings, making it easier for potential customers to find your offerings. Regularly monitoring your website’s performance through analytics enables data-driven decision-making. Establishing an editorial calendar ensures consistent content delivery, supporting your business goals and enhancing productivity. Financial Considerations Focusing on financial aspects lays a crucial foundation for growing your small business. Effective budgeting and funding strategies can drive your expansion efforts and enhance operational efficiency. Budgeting for Growth Initiatives Establishing a clear budget for growth initiatives helps you allocate resources efficiently. Prioritize your business goals and outline specific financial targets. Develop a detailed plan that includes potential costs related to marketing campaigns, team management, and technology solutions. Regularly review your budget to adapt to any changes in your business operations or market conditions, ensuring you’re aligned with your strategic planning. Funding Options for Small Businesses Identifying funding options is vital for fueling your small business growth. Explore various avenues such as: Small Business Loans: Traditional banks and credit unions often offer loans tailored for small businesses looking to expand. Grants and Incentives: Many government agencies and nonprofit organizations provide grants aimed at specific industries or business objectives. Crowdfunding: Platforms like Kickstarter or Indiegogo enable you to raise funds by presenting your business model and marketing strategy to potential backers. Investors: Seeking angel investors or venture capitalists can provide capital in exchange for equity, allowing you to scale operations rapidly. Balancing your financial strategy through appropriate funding options can enhance cash flow, enabling smoother business processes and improved productivity. Conclusion Growing your small business is an exciting journey filled with opportunities. By embracing creativity and innovative strategies you can set yourself apart in a competitive market. Focus on understanding your customers and their needs while leveraging technology to streamline your operations. Remember that challenges are part of the process. With strategic planning and effective solutions you can overcome obstacles and drive growth. Stay adaptable and open to new ideas as you navigate your path to success. Your perseverance and commitment will ultimately shape the future of your business. Keep pushing forward and watch your vision come to life. Frequently Asked Questions What are the main challenges small businesses face when growing? Small businesses often struggle with cash flow management, time management, employee management, and customer acquisition. These challenges can hinder growth and efficiency. Addressing them through strategic planning can empower entrepreneurs to overcome obstacles and scale their businesses successfully. How can social media help small businesses grow? Social media enhances brand visibility and customer engagement. By utilizing multiple platforms, businesses can reach a broader audience, foster loyalty, and interact with customers effectively. Engaging content and active presence on social media can significantly boost marketing efforts and drive growth. What innovative strategies can small businesses use for growth? Small businesses can leverage technology and digital tools to streamline operations, utilize project management systems, and integrate automation. Expanding product offerings and forming strategic partnerships can also enhance brand visibility and attract new customers, driving growth effectively. How important is financial management in small business growth? Financial management is crucial for supporting growth initiatives. Establishing clear budgets, conducting regular reviews, and exploring various funding options, such as loans and crowdfunding, can improve cash flow and enhance productivity, enabling businesses to adapt to changing market conditions. Can you provide examples of successful small businesses? Notable examples include Canva and Warby Parker. Both companies overcame obstacles through innovative strategies and a strong focus on customer needs. Their success stories illustrate the power of perseverance, strategic planning, and adapting to market demands for achieving business growth. Image Via Envato This article, "Transform Your Vision: Ideas and Inspiration for Growing a Small Business" was first published on Small Business Trends View the full article
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Transform Your Vision: Ideas and Inspiration for Growing a Small Business
Key Takeaways Growth is Multifaceted: Small business growth encompasses not just increased sales, but also enhanced efficiency, customer satisfaction, and improved operations. Embrace Innovation: Utilizing technology, expanding product offerings, and forming strategic partnerships can significantly enhance your business’s growth potential. Learn from Success and Failure: Studying successful case studies like Canva and Warby Parker illustrates the impact of resilience and customer focus, while understanding common pitfalls helps you avoid them. Effective Marketing is Essential: Utilizing social media and content marketing techniques is crucial for boosting brand visibility and engaging with customers, thus driving sales and retention. Financial Planning Matters: Establishing a robust budget and exploring diverse funding options are key components in ensuring sustainable growth and optimizing operational efficiency. Growing a small business can feel like climbing a mountain, but with the right ideas and inspiration, you can reach new heights. Whether you’re just starting out or looking to expand, tapping into fresh strategies can ignite your entrepreneurial journey. In this fast-paced world, creativity is your best ally. From leveraging social media to exploring unique partnerships, there are countless ways to elevate your brand and attract customers. Get ready to discover innovative approaches that can transform your small business and set you apart from the competition. Understanding Small Business Growth Understanding small business growth involves recognizing its significance and facing the common challenges that arise. Growth isn’t just about increasing sales; it embodies improving efficiency, customer satisfaction, and overall operations. Importance of Growth in Small Businesses Growth plays a crucial role in small businesses. It enhances brand visibility and strengthens market position. You gain opportunities for better cash flow and access to improved resources. Growth allows you to meet evolving customer needs, ensuring customer retention and satisfaction. Developing a solid business strategy can accelerate growth by targeting new markets and refining your marketing efforts. Common Challenges Faced by Small Businesses Small businesses often encounter several challenges during growth. These challenges include: Cash Flow Management: Securing sufficient cash flow proves vital for covering expenses and funding growth initiatives. Time Management: Balancing multiple tasks and responsibilities can hinder efficiency and productivity. Employee Management: Developing a strong team involves effective performance reviews, employee training, and ongoing development. Workflow Issues: Streamlining business processes ensures that operations run smoothly and meet deadlines. Customer Acquisition: Attracting and retaining customers amidst competition requires innovative marketing strategies and effective communication skills. Addressing these challenges with strategic planning and appropriate solutions will empower you to scale your business successfully. Innovative Ideas for Business Growth Exploring fresh strategies can significantly enhance your small business growth. Consider these innovative ideas to drive your business forward. Leveraging Technology and Digital Tools You can use technology solutions to streamline business operations and improve efficiency. Software tools like project management systems help you manage tasks effectively, while data analysis software offers insights for informed decision-making. Integrating automation into your workflow reduces repetitive tasks, allowing you to focus on higher-value activities. Utilize customer feedback tools to enhance customer service, driving greater satisfaction and retention. Expanding Product or Service Offerings You can grow your business by diversifying products or services offered. Consider assessing inventory management systems to identify customer demands and trends. Introducing complementary items or enhancing existing services can attract new customers and satisfy current ones. This strategy requires keeping an eye on quality control to maintain high standards and ensure customer loyalty. By aligning your offerings with your business goals, you increase opportunities for sales and business expansion. Collaborations and Partnerships You can benefit from forming strategic partnerships and collaborations within your industry. These relationships can enhance brand management and expand your reach. Collaborating with other businesses allows for cost-sharing in marketing campaigns, which improves sales management and customer acquisition efforts. Furthermore, partnerships enable you to tap into new customer bases and share resources, maximizing productivity while minimizing expenses. By fostering strong business partnerships, you enhance your operational efficiency and drive growth. Inspiring Success Stories Success stories can motivate you to push through challenges and focus on your business growth. Here are two compelling examples of small businesses that overcame obstacles and emerged successful through innovative strategies. Case Studies of Successful Small Businesses Melanie Perkins of Canva: Melanie Perkins identifies with the struggle of making design accessible. After being turned down by over 100 investors, her perseverance resulted in securing funding. Canva’s business model streamlined design processes and made software user-friendly. By addressing a real market need and emphasizing customer feedback, she transformed a complex task into a simple solution, driving significant business growth. Neil Blumenthal, Dave Gilboa, Andy Hunt, and Jeff Raider of Warby Parker: The founders of Warby Parker tackled the high costs of prescription eyewear. They launched an online platform providing affordable glasses while prioritizing customer service. This strategic approach not only enhanced customer acquisition but also built a loyal customer base. By listening to their customers’ needs, they refined their marketing strategy and created a brand that resonates with consumers seeking value and quality. Lessons Learned from Failures Many entrepreneurs face setbacks before achieving success. Learning from these failures is crucial. Cash Flow Management: Mismanaging cash flow can hinder business operations. Many small businesses failed due to the inability to cover operating expenses. Maintaining accurate financial records and budgeting consistently allows you to avoid this pitfall, ensuring you meet financial obligations. Team Management Challenges: Poor team management often leads to decreased productivity. Struggling with delegation and performance reviews can weaken employee morale. Incorporating employee training and development programs fosters a positive work culture, improves communication skills, and enhances team effectiveness. Inadequate Market Research: Entering the market without a solid strategy can result in costly mistakes. Some businesses launched products that didn’t meet customer expectations. Conducting thorough market analysis and gathering customer feedback before launching new offerings can mitigate risk and drive better decision-making. These stories and lessons underscore the importance of strategic planning in small business growth. They highlight that innovation, resilience, and a focus on customer value enable you to navigate challenges effectively. Marketing Strategies for Growth Effective marketing strategies are essential for small businesses aiming for growth. Implementing these tactics can enhance your brand visibility, improve customer acquisition, and drive sales. Utilizing Social Media Effectively Utilizing social media creates significant opportunities for customer engagement. Choose multiple platforms like Facebook, Twitter, and Instagram to connect with your audience. Building social relationships fosters loyalty and allows you to receive immediate feedback. Regular updates through posts, stories, and ads can highlight promotions, events, or new products, boosting customer retention and expanding your reach. Consider incorporating user-generated content to enhance authenticity. Engaging with customers through comments and messages improves communication skills and strengthens your brand’s community presence. Content Marketing and SEO Techniques Content marketing enhances your online visibility and establishes authority in your niche. Create high-quality blog posts, videos, or infographics that address your audience’s needs and interests. Incorporating SEO techniques helps drive traffic to your website. Utilize keywords related to your business model and industry trends. This strategy improves organic search rankings, making it easier for potential customers to find your offerings. Regularly monitoring your website’s performance through analytics enables data-driven decision-making. Establishing an editorial calendar ensures consistent content delivery, supporting your business goals and enhancing productivity. Financial Considerations Focusing on financial aspects lays a crucial foundation for growing your small business. Effective budgeting and funding strategies can drive your expansion efforts and enhance operational efficiency. Budgeting for Growth Initiatives Establishing a clear budget for growth initiatives helps you allocate resources efficiently. Prioritize your business goals and outline specific financial targets. Develop a detailed plan that includes potential costs related to marketing campaigns, team management, and technology solutions. Regularly review your budget to adapt to any changes in your business operations or market conditions, ensuring you’re aligned with your strategic planning. Funding Options for Small Businesses Identifying funding options is vital for fueling your small business growth. Explore various avenues such as: Small Business Loans: Traditional banks and credit unions often offer loans tailored for small businesses looking to expand. Grants and Incentives: Many government agencies and nonprofit organizations provide grants aimed at specific industries or business objectives. Crowdfunding: Platforms like Kickstarter or Indiegogo enable you to raise funds by presenting your business model and marketing strategy to potential backers. Investors: Seeking angel investors or venture capitalists can provide capital in exchange for equity, allowing you to scale operations rapidly. Balancing your financial strategy through appropriate funding options can enhance cash flow, enabling smoother business processes and improved productivity. Conclusion Growing your small business is an exciting journey filled with opportunities. By embracing creativity and innovative strategies you can set yourself apart in a competitive market. Focus on understanding your customers and their needs while leveraging technology to streamline your operations. Remember that challenges are part of the process. With strategic planning and effective solutions you can overcome obstacles and drive growth. Stay adaptable and open to new ideas as you navigate your path to success. Your perseverance and commitment will ultimately shape the future of your business. Keep pushing forward and watch your vision come to life. Frequently Asked Questions What are the main challenges small businesses face when growing? Small businesses often struggle with cash flow management, time management, employee management, and customer acquisition. These challenges can hinder growth and efficiency. Addressing them through strategic planning can empower entrepreneurs to overcome obstacles and scale their businesses successfully. How can social media help small businesses grow? Social media enhances brand visibility and customer engagement. By utilizing multiple platforms, businesses can reach a broader audience, foster loyalty, and interact with customers effectively. Engaging content and active presence on social media can significantly boost marketing efforts and drive growth. What innovative strategies can small businesses use for growth? Small businesses can leverage technology and digital tools to streamline operations, utilize project management systems, and integrate automation. Expanding product offerings and forming strategic partnerships can also enhance brand visibility and attract new customers, driving growth effectively. How important is financial management in small business growth? Financial management is crucial for supporting growth initiatives. Establishing clear budgets, conducting regular reviews, and exploring various funding options, such as loans and crowdfunding, can improve cash flow and enhance productivity, enabling businesses to adapt to changing market conditions. Can you provide examples of successful small businesses? Notable examples include Canva and Warby Parker. Both companies overcame obstacles through innovative strategies and a strong focus on customer needs. Their success stories illustrate the power of perseverance, strategic planning, and adapting to market demands for achieving business growth. Image Via Envato This article, "Transform Your Vision: Ideas and Inspiration for Growing a Small Business" was first published on Small Business Trends View the full article
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Vladimir Putin offers to halt Ukraine invasion along current front line
US floats recognition of Russian annexation of Crimea as peace plan efforts continueView the full article
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You Can Now Make Google Messages Blur NSFW Images
If you receive nude photos via Google Messages, your Android device will soon detect and blur them with a sensitive content warning before you can view them. The feature, which is being rolled out to all users, also allows you to block numbers that send NSFW images and alerts you before you can send or forward them. When sensitive content warnings are turned on, users will be directed to a resource page (tap Learn why nude images can be harmful) and see an option to block the sender's number. You can choose to open the image you receive (tap Next > Yes, view or No, don't view) and unblur and re-blur by tapping the Preview icon. How to enable Google's sensitive content warningsSensitive content warnings are opt-in for adults, so you'll need to enable the feature in your Google Messages settings under Protection & Safety > Manage sensitive content warnings. Flip the toggle next to Warnings in Google Messages. For Android users under 18, sensitive content warnings are on by default. Those with supervised accounts cannot control or turn the feature off by themselves, though parents can do so in the Family Link app. Unsupervised teens ages 13–17 can disable the feature in their Google Account settings. According to 9to5Google, this feature is currently available only on some Android devices running the Messages beta, so it may not appear in your settings yet. Sensitive content warnings do not currently work on videos. All detection happens on-device powered by Android's SafetyCore, meaning no identifiable data or classified content is sent to Google servers. View the full article
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IMF cuts U.S. growth forecasts, warns of stability risks
The International Monetary Fund lowered its economic growth projections for 2025, citing policy uncertainty. It also urged central banks to stand ready to use macroprudential tools to facilitate lending in a potential recession. View the full article
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DOJ’s Google Search Trial: What If Google Must Sell Chrome? via @sejournal, @MattGSouthern
Google's antitrust trial enters the remedies phase, with the DOJ seeking Chrome breakup and AI restrictions. The post DOJ’s Google Search Trial: What If Google Must Sell Chrome? appeared first on Search Engine Journal. View the full article
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The Most Common Reasons for Homebuyer's Remorse (and How to Avoid Them)
Whether it’s your starter home or just the latest move up the property ladder, buying a house is a huge investment—financially and emotionally. Despite the stakes, house hunting can be a rushed, stressful experience pushed along by tight timetables, precarious financing, and unpredictable market forces. So it’s not actually surprising to learn that more than 80% of Americans experience some level of regret after buying a house. But buyer’s remorse when house hunting isn’t a given. Most of those regrets are due to a few common mistakes people make when buying a new house, and they can be prevented—or at least minimized—by following some simple advice. Here are the most common reasons for house hunting buyer’s remorse and how to protect yourself against it. High maintenanceRealizing that your new home is going to be a pit of endless—and expensive—maintenance is one of the most common reasons people experience house buyer’s remorse. A house that seemed ideal when you were walking through it on a sunny day can feel like a prison when you realize it’s difficult to keep clean and functional. There are two easy ways to avoid this regret: Inspections. Almost a quarter of home buyers waive the inspection contingency when they buy a house—but this is a bad idea, according to real estate attorney William London of Kimura London & White LLP. “Always conduct your inspections, and do not waive contingencies to have your offer be accepted,” he says. “Remorse is frequently emotional, not legal. After escrow closes, it is too costly or impossible to turn back.” Asking questions. The easiest way to avoid this kind of regret is to ask a lot of detailed questions about how frequently aspects of the house need maintenance, what the costs are, and repair histories. Another aspect of home maintenance comes with fees associated with homeowners association (HOA) fees, which are used to maintain common aspects of a property. Brandon Blakeley, co-founder at Mirador Living, notes that HOA fees are often kept artificially low due to deferred maintenance. “Florida recently passed a bill (SB 4-D), which exposed just how widespread this problem was,” he says. “Once buildings were forced to catch up on repairs, HOA fees skyrocketed and property values plummeted.” Always ask to see the fee and maintenance records for any property you’re considering that belongs to an HOA. Unknown infrastructureWhen touring a potential home, it’s easy to be distracted by the finishes, the fresh paint, and the smell of cookies in the oven. But nothing causes homebuying remorse faster than a series of expensive breakdowns right after you move in—the washing machine breaks down, the water heater leaks, and your HVAC stops blowing cool air, all within a few months. To avoid that kind of regret, it’s important to not only check maintenance schedules, but to find out how old different aspects of the home are. Ask for installation dates and warranty information for a list of the home’s infrastructure, including appliances, HVAC systems, roof systems, windows, and sump pumps. Even if they don’t need to be replaced immediately, an estimate of how much time you have before you have to start splashing out will stave off regret. Succumbing to bidding warsReal estate agents and home sellers love a good bidding war—but they lead to a lot of regret when the dust settles and you realize you overpaid for the home. There are several psychological factors that goad you into a bidding war, but defending against this kind of regret requires just one thing: a plan. “Start with a good understanding of your price constraints and adhere to them,” London says. “Even in the heat of a market.” If you have a hard line in terms of how much you’re willing to pay for a house (and thus how big a monthly mortgage payment you’re willing to take on, you’ll be a lot less susceptible to being swept up in the hysteria of a bidding war. Wrong-sizingMore house is not always better—and compromising on a smaller house than you really need (so you can squeeze into a specific area, or because the aesthetics of the house appeal to you) is an easy way to become mired in regret. One factor that complicates these decisions: time. If you plan to stay in the house for a long time, you need to consider where your life might be years from now. “The key to the house is, what items can you not live without?” says Jeff Lichtenstein, CEO of Echo Fine Properties in Palm Beach Gardens, Fla. “If you have three kids, does only having three bedrooms mean you need to make a second move? In my own case, I bought a home with a two-car garage and a short driveway. Once both kids got cars, there was a lot of ‘musical cars’ that we were constantly moving around.” Lifestyle mismatchA house isn’t just a place to store your stuff and sleep. It’s an intrinsic part of your life. When it comes to specific features or the location that you want, it’s often a mistake to compromise. “I have heard of a story of a family that desperately wanted to live by the coast, but could not afford it, so they purchased a home inland and immediately regretted it,” says Heather Myers, co-owner of the Snyder Real Estate Group in San Diego. Another easy way to regret a home purchase is to overlook the neighborhood. When you’ve narrowed your house hunt down to a specific property, take the time to thoroughly check out the area to ensure it’s got the vibe, amenities, and access you need in your everyday life. “We always advise our clients to take multiple trips over to their new neighborhood at different times of the day and on weekends and weekdays,” Myers says. “We tell them to get out of their car and walk around their new block multiple times.” You also have to match your lifestyle to the house itself. If you work from home and need a quiet, specific office space to be happy, buying a house without that spare bedroom will be something you will probably come to regret. If you love throwing parties, buying a house that lacks an open floor plan and comfortable outdoor area like a patio or deck means you’ll probably wish you’d held out for a different house. The best way to deal with buyer’s remorse when house hunting is to avoid it entirely. Myers is blunt about your options if you don’t: “If buyers regret their decision, they typically have two options: They can immediately sell or they can rent out their new home and go rent somewhere else.” View the full article
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House Democrats question Bessent over CDFI contradictions
House Financial Services Committee ranking member Maxine Waters, D-Calif., led a group of Democrats in challenging Treasury Secretary Scott Bessent over the current state of the Community Development Financial Institutions Fund. View the full article