Eight tips to succeed in Amazon on Black Friday

Eight tips to succeed in Amazon on Black Friday

Black FridayFriday, November 24 is Black Friday and we do not need to remind you that it is an excellent opportunity to save a lot of money on your Christmas shopping. One of the reference websites in our country that day will be Amazon Spain. From 00.01 on Thursday night until 23:59, Amazon is going to smoke .

The special Black Friday that Amazon will offer will allow you to find offers in all categories, such as Electronics, Computers, Home, Kitchen, Clothing, Sports, Videogames, PC, DIY, Baby, Toys, Office and Stationery, Books, Music and much more.

Here are eight tips to succeed in Amazon on Black Friday and not miss a single offer:

  1. Become an Amazon Prime customer. It’s fundamental. Prime customers will have priority access to Amazon offers and can also benefit from free shipping. Also, if you live in Madrid or Barcelona you can enjoy shipments in one or two hours in a selection of Prime Now articles.
  2. If you have not purchased at Amazon for some time, check your account information , especially the shipping address and bank details (check that your card is not expired). We do not want surprises right at the time of purchase!
  3. Put an alert on your mobile . At 00.01 hours on Thursday it is certain that Amazon will publish some of its most attractive offers. It is important that you do not arrive late for the appointment.
  4. Pay special attention to flash offers . They are offers that will be activated every 5 minutes and will have a maximum duration of six hours or until stocks last.
  5. Do not lose sight of the offers of the day either . These offers will be available throughout the day but you have to be very careful so you do not miss any.
  6. Make yourself a “wish list” before Black Friday. Thus, on November 24 you can take a look at it from time to time and check if the price of the products that make it fall. It is the most effective way to not lose sight of your most desired items.
  7. Use the “Follow this offer” option in the Amazon app. This will allow you to receive a notification on the mobile when the product goes on sale.
  8. If the product you want to buy has run out, sign up for the waiting list . On this crazy shopping day it is possible that some buyer will regret and cancel your purchase, so you will have priority access to the product.

To finish, let’s make a common sense cry: do not buy compulsively and make smart purchases . If you were not planning to buy a laptop, no matter how much your price has been reduced 400 euros, you still do not need that laptop.

Keep your mind cold and do not lose your common sense before the thousands of irresistible offers that you will have before you on Black Friday. Needless to say, if you need interest-free financing, we at Vivus are here to help!

Amazon Lending will arrive in Spain to offer loans to SMEs and the self-employed

Amazon Lending will arrive in Spain to offer loans to SMEs and the self-employed

More than 30% of entrepreneurs who applied for loans for freelancers obtained a “no” answer, according to a study by the Autonomous Federation (ATA) of June 2015. Although the figure has decreased compared to 2014 (36 , 6% of denied applications), are still too high figures. Creating a business is not an easy task and getting the funding we need is essential. Luckily, in Spain, new ways of financing our company are proliferating without having to go through a bank.

The new ways of financing our company

Amazon has announced that it will begin to market a line of credit for SMEs in Spain. Amazon Lending is a service that will offer financing to SMEs that sell on its platform. To get these new loans for freelancers we must access through an invitation. The credits will be granted based on the sales data of each company . Above all, the risks of the company, the inventory cycles or the frequency with which they work out of stock will be valued. Currently Amazon Lending offers loans for self-employed between $ 1,000 and $ 600,000 with a repayment period of between 3 and 6 months with interests ranging from 6% to 14%.

Until Amazon Lending arrives in Spain at the end of the year we can get financing in many of the companies specialized in loans for self-employed people . Currently there are two private equity companies that stand out when granting loans for SMEs:

Lender Quantity Cost Requirements Contract
Iwoca € 500 – € 50,000 From 3.50% / month
No commissions
  • Companies with 4 or more months of life
  • Companies located in national territory
  • For self-employed or limited companies
Apply for
Spotcap € 500 – € 100,000 0.50% – 4.00% / month
Opening commission: from 1.00%
  • Registered companies in Spain
  • Minimum annual invoicing of € 25,000
  • Business with at least 12 months old
  • Need to have the latest financial documents of the company
Apply for

What are ICO credits for self-employed?

The Official Credit Institute is an entity attached to the Ministry of Economy that seeks to promote economic activities to contribute to the development of the country . It grants loans to self-employed workers, entrepreneurs and SMEs through collaborating banking entities. It is a line of financing that acts through lenders , that is, grants loans with the intermediation of the entities. Depending on the chosen ICO line the term conditions, the interest rate will vary.

In order to access the ICO loans we must go to one of the collaborating banking entities, depending on the situation they will offer us a loan with them or through ICO. The credit institution will give the funds to the bank and the bank will transfer them to the self-employed person . According to the ATA barometer, almost 35% of the applications were denied, since it is the banking entities that assume the risk of default by the self-employed and the banks , in turn, respond to the ICO to repay the loan. that their requirements are as demanding as those of banking entities.

Amazon boss: “I am very proud of our wages”

Tech giant Amazon boss: “I’m very proud of our wages”

Claus Hulverscheidt graduated from the Cologne School of Journalism and studied economics at the same time in Cologne. He initially worked as an economic editor and political reporter at the news agency Reuters in Bonn. In 1999 he moved to Berlin with the government relocation to the newly founded Financial Times Deutschland , where he wrote about tax, budget and financial market policy and accompanied the Chancellor and the Federal Minister of Finance on their travels around the world. In 2003, he took over the management of the FTD -Industry editorial office before joining the Parliamentary Office of the Süddeutsche Zeitung in 2007 as Chief Editor for Economic Policy and Vice-President. Since mid-2015 he reports as a correspondent from New York.

The fact that employees of tech companies are usually not starvation, was once again clear when looking at the annual balance sheet of Jeff Bezos. The founder and boss of the online giant Amazon 2017 painted almost exactly $ 7,720 – not per year, but per minute. The truth now is that the number in addition to Bezos’ salary also includes his capital gains, that the manager has to endure nearly half a week the abuse of the US President, and that he – unlike most of his subordinates – not the cartons, but the responsibility , He does not have it easy, and yet: 19.3 billion dollars a year or 36 720 per minute are not so bad.

The number is also interesting because Bezos’ group is one of the big US companies that now had to disclose what they pay their employees on average because of a law from the Obama era. The median annual earnings at Amazon is therefore exactly 28 446 dollars. This means that one half of the employees go home with a salary above this number, the other half with a salary below. So, in simple terms, Bezos receives about 1.3 times more per minute than what a packer or forklift driver works out every year.

Although stockbrokers Amazon rank alongside Facebook, Netflix and Google among the four major US tech companies, short FANG, employees have so little in common with those colleagues who play beach volleyball on the campus-like premises in Silicon Valley beach volleyball, feed kale chips and get a massage. Instead, they pack packages, carton boxes on pallets, and walk sore through huge storage warehouses. Translated into money: Twitter pays a median salary of 161,860, and Facebook pays 240,430 dollars. That is the eighth and a half times what is usual on Amazon.

Amazingly, however, even if one classifies Amazon instead of the tech companies under the parcel services, the group can not compete with the competition. At UPS, for example, the median salary of $ 53,440 is almost twice as high. Bezos defends that the figures of his company include the salaries of employees from more than 50 countries and part-time workers. Amazon also created more than 130,000 jobs in 2017 alone. This is indeed more than the total workforce of Google Mother Alphabet.

Despite the sometimes modest salaries, Amazon in the US before applications can hardly save. Even in Germany, the company has no problems finding employees – even though management refuses to cooperate with trade unions and refuses to pay workers under the collective agreement of the retail and mail order companies.

Amazon: The million-knot of dealers

Online trading The million-stitch of Amazon dealers

Christoph Giesen, born 1983 in Berlin, is a correspondent of the Süddeutsche Zeitung in China and reports from Peking on the economy of the People’s Republic. From 2012 to 2016 he was a member of the SZ-Wirtschaftsredaktion in Munich and worked on the international revelations Offshore-Leaks, Lux-Leaks, Swiss-Leaks and the Panama Papers. Prior to his traineeship at the SZ he studied Journalism, Political Science and a subject called “China in Comparative Perspective” in Leipzig, London and Shanghai. For his work, he was awarded, among other things with the Guardian Prize of the German daily press and the Helmut Schmidt Journalists Prize.

Vanessa Wormer, born in 1987, is part of the SZ team that uncovered the Panama Papers and was honored with the German Reporter Award and the Nannen Prize. As a data journalist, the native of Badia works on the interface between the Investigative Research department and the development editorial office on the challenges of large and small amounts of data. They can be handed in encrypted at any time (for example by PGP to vanessa.wormer@sz.de).

For tax fraud, it is often no more than a few clicks with the computer mouse. Openly, and on one of the most visited websites worldwide. The damage goes into the millions. Who buys at the online retailer Amazon, ordered in truth only a fraction of the goods directly from the American mail order. The majority comes from third-party providers. Amazon “Marketplace” is the name of this platform. Amazon collects an agency fee. But that’s worth it. In 2016, according to the Cologne Institute for Trade Research, revenues totaled around twelve billion euros, in Germany alone.

If you imagine the German marketplace as a weekly market, you will be surprised how many of the stands are operated by Chinese traders. Approximately one in four sellers on Amazon.de comes according to dealer imprint from China or Hong Kong. Not only do these retailers sell electronics, but they also sell clothing, baby clothes, jewelery or housewares. Often the customers do not even notice where the ordered goods originate from: the name of the dealer usually does not give any information about the location of the seller. The traders from China call themselves, for example, “Clothing Trading EU”, “Intefax” or “Diamond candy”. Only a glance at the imprint reveals where the companies are located: in Hong Kong, Shenzhen or Shanghai. And that’s where the problem starts.

Amazon opposes poor tax

Levy for the homeless Amazon opposes poor tax

Kathrin Werner, born in 1983, is a correspondent in New York. She already discovered her reporter enthusiasm as a student of the Hessian-Lower Saxon General and then studied law in Hamburg. She then started working for the business paper Financial Times Deutschland , which still existed at that time, first as a volunteer, later as an editor for renewable energies and maritime topics such as shipping companies and shipyards, and finally as a New York correspondent. She came to the Süddeutsche Zeitung in the early summer of 2013. In America, she handles all kinds of business topics: from 3-D printers and alligator leather to Chrysler, Amazon and Goldman Sachs.

Seattle is the city of inequality in the US. Along the highways that encircle the West Coast metropolis, the poor sleep in rickety tents, makeshift against the constant rain Seattle is famous for. If you have a little more money, rent a caravan and move it to an industrial area or sleep in the car. The very poorest spend the night on park benches and waver during the day through the city center. It is a downtown full of new glass high rises and construction sites for more glittering office towers. More than 45,000 employees disappear from Amazon in the morning.

The city council now has a new idea on how to fight the growing poverty in the city: redistribution. Next week’s vote will be on a special tax that will allow parliament to cut profits from large companies, especially the online retailer, and invest in homelessness and social housing projects. “Head tax” is the special tax that companies should pay to earn at least $ 20 million a year in the city. There would be 26 cents per employee per hour worked, more than $ 500 per capita per year. For Amazon, that would mean an additional $ 20-30 million of local tax burden. No other company would be hit harder to get the additional $ 75 million budgeted.

Birkenstock boycotted Amazon

Birkenstock Schlappen maker battles online giants

Jan Schmidbauer, born in 1990, works as an editor in the business department. He grew up near Hannover. After studying economics, he moved to Munich and attended the German School of Journalism.

It’s one of those stories that are almost too good to be true. A story that can do a lot: A recalcitrant company on the one hand, a seemingly overpowering opponent on the other. A traditional German manufacturer who is proud of his cork footbed (“often copied, never reached”). And a global corporation that wants to deliver goods by drone soon.

It was a courier who traveled to Munich on the penultimate Thursday without a drone to declare a boycott on behalf of the Rhineland-Palatinate shoe manufacturer Birkenstock to the global corporation. Birkenstock, it says in the letter, the European subsidiary of the online retailer Amazon will no longer deliver from January. The boycott should apply to the entire Birkenstock range.

The shoe manufacturer raises serious allegations against Amazon: Among other things, on the marketplace operated by the online retailer platform “Marketplace” fake Birkenstock products have been offered. Amazon did not respond. Birkenstock speaks of a “disturbance of the relationship of trust”, of a “deception of consumers”.