Online businesses have come a long way from the typical business models of direct sales, franchises, and brick and mortar stores. Nowadays, anyone with an internet-accessible device, a budget, time, and an idea can set up a business. Here are just a few unique business models that leverage the sharing economy, customization, and subscription content. […]
Author: OpenAcademy
How to Run a Successful Crowdfunding Campaign
Many startups turn to crowdfunding as a potential means of securing funding. Not only do crowdfunding campaigns provide a visualisation of potential customers, but they can also help you gauge the interest of your target audience so you can adapt accordingly. All of this information can even give you more merit when approaching larger investors. […]
Common Consumer Behaviours for New Entrepreneurs
Starting new entrepreneurship or business is never easy. No matter what industry you are in, we will all have to engage with clients or customers, virtually or physically. And as a fresh newcomer into this enterprise, you might need a few tips on common consumer behaviours. So take a look below and find out what […]
Reduce Operating Costs by Minimising Food Waste
One of the best, yet often overlooked, ways to keep operating costs low is by reducing food wastage. This can be achieved by conducting a Food Audit! A food waste audit’s primary function is to identify where the operation’s waste comes from as finding the source is the first step to reducing waste. There are […]
Innovative Tech Developments in F&B
In this tech-driven society, it’s unsurprising that tech has been making waves in the food industry. We’ve seen advancements such as delivery apps for restaurants and supermarkets, digital menus in restaurants, and even purely online food businesses that don’t have physical locations. But what other, more obscure, yet innovative tech developments are occurring in the […]
The Challenges of Halal Food Logistics
We’ve all experienced the convenience of the food products on supermarket shelves, all readily arranged to be taken home, prepped, and made into meals for the rest of the week. In a country like Malaysia where food is widely available, chances are you don’t think too much about how the food you eat makes its […]
Sustainability in F&B Logistics
Sustainability in F&B logistics involves finding ways to generate less waste of resources, time, and energy, and reduce carbon emissions, all while staying in line with government regulations and dealing with consumers’ increasing awareness of their food sources. Ideally, the process covers traceability, precision, seasonality of flows and consumer protections, but that’s easier said than […]
Irreplaceable Jobs in the F&B Industry
The progression of AI in the F&B industry has seen that certain jobs and roles have been rendered obsolete. Technology has been opted by certain companies to increase efficiency and reduce human error in areas like manufacturing and data organization. Although it has not greatly caught on, this rise in Artificial Intelligence has faded out […]
Eco-Friendly F&B Packaging
Brands and individuals alike are always looking for new ways to decrease their carbon footprint and be responsible for their impacts on the environment. The main consideration is to ensure that the packaging is environmentally friendly: recyclable, reusable, or biodegradable, multipurpose, and functional. LEAF PLATES Leaf Republic is a German company started by Pedram Zolgardi […]
What is E-Commerce Personalization?
Online shoppers nowadays are spoilt with choice. With no shortage of e-commerce sites to choose from, your virtual patrons will expect nothing short of an exceptional experience when shopping on your website. This is where personalisation will help you stand out. But what exactly is e-commerce personalization? Imagine entering a shop and the employees are […]