Social Media has taken an extremely important role in modern culture and has become a brewing ground for ideas, bussiness, and celebrities. Twitter has been particularly instrumental in the rise of Social Medias. Twitter is a service which allows people to create accounts and post short messages for any of their followers to see. This simple platform has created many opportunities for thousands of people. More so, Twitter is used for a variety of uses. Celebrities (even our president) are known to use Twitter as their mouthpieces, individuals tend to use Twitter to update their friends and families on not only what they are doing but creative or entertaining things they run across on the internet, and businesses use Twiter, among other social medias to promote themselves or their services. Regardless of who is using Twitter or for what, Twitter has become an extremely useful tool for the spread of communication in the Social Media world.Read More
YouTube has been the monopoly of online video uploads and watching for years on end. Whenever people think to watch a video, either for pleasure, or for knowledge, YouTube is the place to go. Being such a huge company that allows people to upload their own personal content onto their site is taking a risk. Their are certain security checks in place of course. You can report inappropriate content or a fake video, but being such a huge company, their was a lot of room to sneak through the cracks and take advantage of the system. Lately YouTube has been cracking down on two types of videos on their platform. The first platform that they started to crack down on were the videos that had algorithms attached that enabled them to have more views than would be possible normally. Taking down and banning those particular videos or channels, YouTube is hoping to “clean up their streets.” The more controversial topic in the YouTube community is the demonetization of videos with controversial topics. YouTube is taking videos that have controversial topics, mainly news channels and demonetizing their videos so that the creator does not receive any ad revenue from that video. This has created a crack in the road in the YouTube community. YouTubers are offended because they now feel like they do not have the freedom of speech and will be limited to what they can say in their videos now. Many big name YouTube celebrities and other people have left YouTube in order to prove a point to the company that they need to treat their content creators with a little more respect and admiration for all of the different content that they upload. One star that left the platform was Phillip DeFranco. YouTubers are crying out to the company to stop trying to control their videos and to let content creators create.Read More
In today’s world of e-commerce, shipping goods is a critical function in many businesses. Unfortunately, this is something that many people find to be a hassle, but must do in order to stay in business. This struggle is particularly present among eBay sellers, but is also evident in small and large businesses alike. Kevin Gibbon, founder of Shyp, experienced this problem frequently as a power seller on eBay. He would sell products, but found shipping the products to be expensive and inconvenient. In fact, he would spend more time shipping than selling. This Internet-entrepreneur began Shyp as a way to solve this common frustration.
Shyp makes shipping products as easy as taking a picture of the shippable good. Using the Shyp app, an individual, seller, or business in San Francisco, New York, Los Angeles, or Chicago can take a picture of the good they wish to ship and enter in the recipient’s information. Within twenty minutes, a courier from Shyp will come to pick up the good, professional wrap it, and then box and ship the good. The idea is to make shipping an on-demand service. This takes interactions with the post office out of the equation. They hope to transform the shipping industry just like Uber revolutionized the transportation industry.
This startup has been very successful and recently partnered with eBay. According to an article written by Alex Heath from the Business Insider, this is one of the top ten most innovative apps in the world. The team at Shyp continues to improve their service by offering features such as built in package tracking and the ability to ship packages by user name instead of address. Presently, Shyp charges a flat rate of $5 per package plus the shipping rate. Although they currently only service San Francisco, New York, Los Angeles, and Chicago, they hope to continue expanding and serve many more cities across the United States.
Shyp has evidently been a successful Internet-based business. Although $5 may seem like a steep rate to pay for a courier shipping service, many sellers and individuals appear to view the convenience as worth the extra money. After exploring their website and reading a couple reviews, I am convinced that their success is due to them identifying a note-worthy problem and designing a solution that works in places where this problem is wide-spread. By solving a pain that numerous people can identify with, they have grown quickly and made shipping an on-demand service.
More information regarding Shyp can be found on their website here.
Business Insider: http://www.businessinsider.com/the-10-most-innovative-apps-in-the-world-2015-10/#shyp-4
Opening and growing a savings account is something that many young people struggle with. Unfortunately many college students graduate with debt, which makes saving difficult. Even if one wants to begin saving, taking the initial step of setting aside money can be a challenge. Cofounders Walter and Jeff Cruttenden recognized this wide-spread problem and decided to take advantage of the opportunity. A few years ago they built Acorns, which is a micro-investing platform where everyone can begin investing.
The Acorns platform works by automatically investing small sums of money for its users based on their spending habits. When initially setting up an account, Acorns requires the user to add his or her credit card or bank account information, so that they can help the individual save. For every purchase that a user makes, Acorns rounds up the transaction amount to the next whole dollar. The difference after rounding up is added to the user’s Acorns account where it will grow. The company collects information on users’ investment preferences and risk tolerance, so that they can wisely invest the user’s money in a collection of six exchange trade investment funds. If a user wants to save more money, they can make additional deposits directly into their Acorns account.
Acorns charges a low monthly fee of $1 per month for the services it provides, but allows college students to use the platform for free. This app provides young people with a great way to begin investing and those who are afraid of investing with a great way to get started with only a small amount of money.
According to CNBC, this Internet-based business is “the new millennial strategy for investing.” ABC News puts it in perspective by explaining that “if you set aside $5 every couple days you would have set aside over $1000 in a year.” Acorns explains that they want to look after the financial best interests of “the up-and-coming,” and they accomplish this through the power of micro investing.
Acorns has evidently been a successful Internet-based business. After exploring their website and reading some reviews, I am convinced that their success is due to them identifying a wide-spread problem and developing a simple solution that requires next to no work on the user’s end. By solving a pain that numerous people can identify with, they have grown quickly and made investing easy for many.
More information regarding Acorns can be found on their website here.
Duck Duck Go is a search engine who’s purpose and focus is protecting the privacy of their consumer. Many search engines increase their effectiveness by tracking and recording what it is their users do. Duck Duck Go does not do this. They are so focused on protecting the privacy of their users that they sacrifice some of their effectiveness as a search engine to do this. Their dedication to security has earned them a niche market and a extremely passionate fallowing. In modern Entrepreneurship finding a good niche and owning it seems to really be a major key to success and that is exactly what Duck Duck Go has done.Read More
Being in a sorority at Grove City College, there is always something that I’m paying for. Normally I pay with a check because I don’t always have the cash on me but a newly trending app has taken the place of that. Venmo is a app that links up with your bank account, allowing you to then transfer money directly to other peoples’ accounts.
“Make & share payments: pay friends and family with a Venmo account using money you have in Venmo, or link your bank account or debit card quickly. Connect with people: remember the moments you share with friends. Split dinner, send a birthday gift, or just say hello. Make purchases: use your Venmo account as a way to pay in mobile apps. Quickly transfer money to your bank: move money from Venmo to your bank account in as little as one business day. Ready, set, pay.”
It’s a great idea in that it skips the awkward interaction of “hey can you pay me back” and just sends the person a virtual request for the money. People can furthermore chat and explain why they are requesting or giving money, which makes the interaction even more personal. Venmo ensures security of your personal bank account and let’s you use Venmo with anyone in the United States. The app is free and there are no fees unless using a credit card alone; even then it is only three percent. The app connects with the virtual obsession that our generation has for everything and the ability to do it simply through a mobile device, on the go.Read More