Subscribe to recent blog articles via E-MAIL.


Financial Solutions
  • 05 Dec 2017

    Lack of standard sizing means fashion returns are here to stay

    High returns are a fact of life in the online fashion industry. Part of the reason is people wanting to try on different styles to see what looks best, but another important reason is size. A 38 isn’t always a 38. I heard a report on Swedish public radio the other week about a renewed push to unify and standardise clothing sizes across the EU. There has been a standard in place since 2001, but as anyone who has ever bought clothes or even...
  • 28 Nov 2017

    Founders need more than capital

    The WHU - Otto Beisheim School of Management has long been considered a top address for students who want to become successful founders. In that context it’s only natural that the private business school has launched a roundtable on entrepreneurship. The aim is to organize events where business ideas are discussed in order to convey know-how in the field of startups and entrepreneurship - a concept that, besides the students, also leads...
  • 23 Nov 2017

    Click and collect shows what’s in store for retailers

    Creative abstract commercial internet business retail sale and web online shopping discount offer concept: 3D render illustration of macro view of the group of color paper shopping bags on modern laptop or notebook computer PC keyboard with selective focus effect

    Like most Swedes, I can’t live without my coffee. And since getting a Nespresso machine a couple of years ago, not any old coffee will do in the same way. But here’s the problem: in central Stockholm, you can only buy the Nespresso coffee capsules at one store. Too often I wake up, or come home, only to find out I’m down to my last capsule. And while you can order online anytime, the delivery options aren’t always that convenient –...
  • 23 Nov 2017

    Customer Centricity: Merchants need to adapt or fail

    Alexander Birken, CEO of the Otto Group, painted a gloomy picture of the future at the 25th German Trade Congress: "anyone who does not start with the digital transformation now will not be on the market in five years at the latest." The core theme of the congress? You guessed it: the digital transformation and the consequences for the retail sector. For many of the 1,500 participants who came to Berlin on November 15 and 16, keywords such as...
  • 15 Nov 2017

    Singles Day is big in Asia – let’s keep it that way

    rush hour

    Anyone slightly interested in what is going on in the world of e-commerce knows that Singles Day took place last weekend. I spent parts of my Saturday monitoring the big online retailers, trying to pick up on what was trending in the Nordics, Europe and Asia. My conclusion: Singles Day is a great concept, and it works for Alibaba, but I don’t see it catching on here. In the week leading up to Singles Day, consumer electronics chain...
  • 26 Oct 2017

    It pays to park your invoicing with us

    As I mentioned in my first blog the new parking rules and regulations now in force in Norway are good news for drivers – they simply drive in, drive out and pay later.  But what’s less widely publicised is that it’s also good news for parking operators looking to make their operations more efficient. Yes, you have to provide your customers with the option of paying by invoice, but that doesn’t have to drive up your administration...
  • 24 Oct 2017

    You can’t put a price on your payment data

    Your marketing department simply has to love Google Analytics. The internet is generating ever more information on our increasingly connected lives, and cutting through all that big data is no small task. But it is essential if you want to find the insights that can yield more loyal customers and revenue. Google Analytics makes analysing all that data easier, giving companies of all sizes a clearer picture of who their customers are and how to...
  • 18 Oct 2017

    What happens in Copenhagen, doesn’t stay in Copenhagen

    Over 2000 Europeans - but also people from the rest of the world – came to Shoptalk Europe 8-11 October in Copenhagen to learn the latest and greatest about retail and ecommerce innovations and interact with other ecommerce people. The line-up of speakers was impressive; from tech giants like Google, Amazon and Alibaba, via established brands like Levi's and H&M, to relatively newcomers like Chiquelle and Picnic. I had to do some serious...
  • 18 Oct 2017

    Park & Drive: one partner for parking and payments

    As anyone who has learnt to drive in a manual car knows it is not that easy getting behind the wheel of an automatic for the first time. It can feel odd at first (not having control over the gears) but it can also be liberating, leaving you free to concentrate on the road. I imagine that the new parking laws and regulations in Norway have had a similar effect on car park operators. Now that car park barriers have had to come down, your...
  • 18 Oct 2017

    Time to optimize your balance sheet and working capital

    As the autumn chill bites, you should be thinking of wrapping up the current financial year and preparing the budget for next year. Even though the financial year is drawing to a close, you still have time to give your working capital and balance sheet an overhaul before the Christmas party season gets into full swing. Most companies which supply goods and services to customers also send out invoices with various payment terms. This means they...