Amazon vendors hiked prices on 'essential' products amid coronavirus pandemic, report suggests

Amazon sellers raised prices on 136 items deemed essential, including some personal protective equipment, during the coronavirus pandemic, a new report suggests.

A report by the U.S. Public Interest Research Group Education Fund released Thursday analyzed prices of “essential” products such as face masks, pulse oximeters, surgical gloves, hand sanitizer and toilet paper and found the sellers of 409 items raised the prices by more than 20% in the last year. READ MORE

A 25-Year-Old Bet Comes Due: Has Tech Destroyed Society?

On March 6, 1995, WIRED’s executive editor and resident techno-optimist Kevin Kelly went to the Greenwich Village apartment of the author Kirkpatrick Sale. Kelly had asked Sale for an interview. But he planned an ambush.

Kelly had just read an early copy of Sale’s upcoming book, called Rebels Against the Future. It told the story of the 19th-century Luddites, a movement of workers opposed to the machinery of the Industrial Revolution. Before their rebellion was squashed and their leaders hanged, they literally destroyed some of the mechanized looms that, they believed, reduced them to cogs in a dehumanizing engine of mass production.  READ MORE

What is a Sales Trigger Event and Why It’s Important to Close More Deals

No, it’s not another buzzword. A sales trigger event is crucial because it distinguishes hot leads from cold ones. It gives you the opportunity to maximize the effectiveness of your sales pitch and help you close a deal.

As a salesperson, timing is everything. Selling your product or service at the optimal time can be the difference between making a minor profit or major bank. In a competitive market, it’s paramount that you incorporate trigger events in your sales process to keep the upper hand and make your sales pitch at the best possible moment. Trigger events help with sales prospecting by indicating the best time to sell your product or service, and can help you customize your outreach. READ MORE

Elon Musk responds to Capitol riots with dig at Facebook

Tesla CEO Elon Musk took a swipe at Mark Zuckerberg Wednesday evening in a tweet that appeared to blame the founding of Facebook for the violence that ensued at the U.S. Capitol.

"This is called the domino effect," Musk wrote alongside a meme that seemingly tied the origins of Zuckerberg's Facebook to the mob that proceeded to storm the Capitol building to protest the results of the presidential election. READ MORE

Donald Trump should be removed from office to preserve democracy, business leaders say

The National Association of Manufacturers, one of the most influential business groups in the US, called on Vice President Mike Pence Wednesday to consider removing President Donald Trump from office.

The statement from Republican-leaning NAM, the nation's largest manufacturing association, marks perhaps the strongest political statement by a major business group in modern history. And it puts an exclamation point on the breakup between the business community and the self-styled CEO president. READ MORE

The Entrepreneurial Balancing Act: Pricing, Customer Service and Go-To-Market Considerations

Corporations must navigate their ship one way or another toward continued success. Early-stage entrepreneurs need to decide if they are building a ship, an aircraft or a warehouse.

What kind of company are we building? Who is the ideal customer? What is the real pain point? What will our business model be? What geography will we tackle first, and will it be direct sales or via channels? How will the product look and feel? will it be a pure SaaS play or will it also include professional services? Will it be a vertical SaaS or horizontal Saas? READ MORE

Sales Goals In An Uncertain Economy: Mistakes Can Sabotage Profits

Uncertainty about the economic outlook makes setting sales goals unusually difficult and also illustrates some of the flaws of traditional approaches to the problem. The economy is likely to show good growth in 2021 as Covid-19 vaccinations increase, but the timing and extent of the economic recovery are far from certain. They depend on the current surge of the virus, the production and distribution of the vaccine (not an easy task), the effectiveness of the vaccine and social attitudes regarding vaccination and social distancing as the pandemic abates. READ MORE

This Is What Tech Hiring Could Be Like In 2021

While the number of open tech jobs took a hit in 2020 because of the COVID-19 pandemic, some labor economists and tech recruiters are expecting a surge in hiring in the field in 2021. 

The U.S. tech industry posted the third-largest decrease in job postings among all sectors, according to ZipRecruiter data, but the COVID-19 vaccine and savings accrued by individuals and companies because of remote work could lead to robust hiring demand next year. READ MORE

After embracing remote work in 2020, companies face conflicts making it permanent

Although the pandemic forced employees around the world to adopt makeshift remote work setups, a growing proportion of the workforce already spent at least part of their week working from home, while some businesses had embraced a “work-from-anywhere” philosophy from their inception. But much as virtual events rapidly gained traction in 2020, the pandemic accelerated a location-agnostic mindset across the corporate world, with tech behemoths like Facebook and Twitter announcing permanent remote working plans. READ MORE

Top work-from-home trends of 2020

After millions of Americans moved to work from the office to working remotely, working from home has undergone the largest test trial to date. Even though many employers are set to reopen offices in 2021, it has been proven that telework is plausible, and many companies will allow for a hybrid model of home and office work moving forward. The future of the workplace could be changed permanently, molded by trends of the grand remote work experiment amid the pandemic. READ MORE