Business

Kid going off to college? Here’s how to shop for their bedding needs

Published

2 years ago

February 19, 2022

The moment you have been preparing for – and dreading in equal measure – is finally here. Your child is flying to another city or country to join college. The moment of parting is still a few days away, and your days are taken up in a flurry of preparing your child for the move, getting their paperwork and baggage in order.

Amidst the rush of preparing your child for new experiences, you must be hard at work, reminding them to eat their meals on time, not rely too much on junk food, and keep healthy habits; chief among them being to sleep well. After all, in the rush of new friendships, assignments and newfound independence, it’s necessary to take the time to recharge. The best way to guarantee this, of course, is by arranging the right kind of bedding for them, so they can be comfortable while resting.

You’ve been meaning to buy new bedding for your child for their fresh new start. The choices are immense, but you can’t overload their trunk. You need to ensure they have just enough to use comfortably without running out of their stocks. There must be extras so that they don’t have to think about laundry day and get stressed about it. You also need to buy bedding that will last all the years of their college without the need to buy more. To achieve these goals, here’s how you can shop for what they need without wasting too much time:

*What to keep in mind as you shop for bed linen.

The choices in bedding today are vast, and it’s easy to get lost in the various collections. That is why it’s important to make a note of a few things before you begin your shopping expedition. The main point is to make note of the weather conditions of where your child is headed. If it is a tropical location, where the temperatures run on the higher side, you can look at dohars, bedsheets with moisture-wicking technology and more. but if it’s a colder area, it’s better to consider comforters and quilts of a thicker consistency. It’s also a good idea to invest in temperature-regulating bedsheets and quick-drying towels.

Since kids are often impatient about making their beds, it’s also a good idea to consider fitted bedsheets, since they are very convenient to use. Additionally, you should also consult the colour theory and pick the bed linen accordingly. For example, if your child is worried about leaving home for the first time, get cheery colours like yellow or orange that will keep them feeling positive.

* Online shopping is faster and more cost-effective. At a time when the Coronavirus continues to rage around the country, it is also safer than going to an offline store. Besides, there is no time to run to the stores to buy what you need. While it feels good to feel the product before purchase, you can be assured that the products you see in the offline stores will be readily available in the SPACES online portals as well. There is even the added advantage of discovering exciting deals and offers for all your favourite bedding sets with the convenience of doorstep delivery and multiple payment options.

Start with bedsheets in single sizes, with matching pillow covers and comforters. Single comforters are best for a single bed – double comforters will be too large both for their bag and bed. Don’t insist on your child taking their kids’ comforter from home to college, unless they don’t mind doing so. About three or four bedsheets and two single comforters should suffice.

* We suggest looking at comparable brands having similar products on offer before making a choice. This is easily done online – you can open multiple tabs for different online stores and compare the products on various factors: price, size, fabric, pattern, thread count, etc. You should of course pay special attention to the quality of the bedding you’re looking to buy. Afterall, the other factors pale in comparison to getting a product that suits your needs best and lasts for a longer time. This is where the product range from SPACES shines bright. They include bed and bath linen made from organic cotton and through sustainable processes, so you can rest assured that you’re buying the finest for your child. These products also have the added advantage of becoming softer with each wash, making them a great investment for the long run.

It’s also important to check the reviews posted by other buyers, as it will give you a better idea of the actual usage of the bed linen in question. This will tell you which brand is trustworthy and has the best bedding for your needs. You can also check probable delivery dates from these websites, since you are already strapped for time.

* Check on delivery and payment options.

Since you have less time to shop and you still need to help your child get their belongings together and pack their trunk, you must ensure that the bed and bath linen you buy are delivered to your address well in time for their departure. Check the estimated delivery time for the product by keying in your area PIN code in the website’s designated field. The site checks the code and tells you if delivery is possible, and the estimated time for delivery. You might also check if it would be faster to pick up the purchase from the brands nearest offline store. We recommend using digital payment modes to pay instead of paying cash at your doorstep in the interest of your safety.

We hope you have a pleasant experience preparing your little one for their future ahead. With the right bedding, they’ll be on their way to a well-rested college experience, so they can fill their days exploring and learning more. Keep the above points in mind as you carry on with your shopping and visit SPACES for the finest selection of bed and bath linen, that’s easy to care for.

These is very superficial – we can mention – tips on what things to keep in mind while browsing online

We can talk about reviews rather than offers

Go for trusted brand

Business

Opportunities for Black Banx in Emerging Markets

Published

18 hours ago

May 5, 2024

Matthew Wiles

A significant digital transformation is underway in the world of finance, marked by the emergence of non-bank innovators offering a diverse array of financial technology products and services. This transformation is not confined to established markets; rather, it extends its reach into emerging economies, offering a compelling digital alternative to traditional banking institutions. These alternatives are particularly vital in addressing the issue of financial exclusion, which has left substantial populations underserved by traditional banking systems.

Among these innovative digital banking entities stands Black Banx, a fintech brand dedicated to fostering financial inclusion in emerging markets by seamlessly integrating banking services into digital ecosystems. Founded in 2014 as a visionary concept by German billionaire Michael Gastauer, Black Banx swiftly evolved into a global force in the global financial market Officially launched in 2015, the institution rapidly garnered international recognition, extending its services to 180 countries and territories from its inception. Within a mere 12 months of operation, Black Banx amassed over 1 million customers, marking its initial expansions in key regions such as the United States, United Kingdom, and Hong Kong. At present, with a customer base exceeding 40 million as of February 2024, Black Banx stands as one of the fastest-growing digital banks not only in developed countries but also in emerging markets.

What Are Emerging Markets?

An emerging market mostly describes the economic landscape of a developing nation progressively engaging with global markets during its growth trajectory. These economies possess some but not all of the defining characteristics of developed markets, which typically exhibit robust economic growth, high per capita income, well-established equity and debt markets, foreign investor accessibility, and a reliable regulatory framework, according to Investopedia.

As emerging market economies evolve, they tend to integrate more deeply into the global economy. This integration fosters increased liquidity within local debt and equity markets, heightened trade volume, and augmented foreign direct investment. Moreover, these economies witness the emergence of modern financial and regulatory institutions as they transition from low-income, less developed, often pre-industrial states to modern industrial economies with elevated standards of living.

With improving standards of living, the demand for financial security and opportunities escalates, underscoring the pivotal role of banking services. However, traditional banks face challenges stemming from bureaucratic processes and sometimes limited services. Conversely, fintech firms are gaining prominence owing to their convenience, user-friendly interfaces, and expedited signup procedures. Furthermore, their accessibility anytime and anywhere with internet connectivity enhances their appeal to the public.

Strong Demand for Financial Technology

The surge in digital banking adoption, particularly conspicuous in emerging markets, owes much to innovations originating in these regions. For instance, nearly nine out of ten consumers in the Asia-Pacific region, encompassing both emerging and developed markets, actively utilize digital banking services, with a significant portion expressing openness to expanding their usage through digital channels.

Enthusiastic adoption of fintech tools and e-wallets among consumers in emerging markets has propelled the market penetration of these innovative solutions beyond levels observed in developed markets. In the emerging Asia-Pacific region, the penetration of fintech apps and e-wallets surged to 54 percent in 2021, compared to 43 percent in the developed segment. This is indicative of the accelerating shift towards fintech transactions and services, as per McKinsey & Company.

A portmanteau of finance and technology, fintech refers to the burgeoning industry of companies utilizing computer programs and other technologies to provide support or enable banking and other financial services. In developed nations, there’s been a rapid expansion and adoption of fintech technologies ever since businesses and even governments started accepting digital financial transactions as a standard mode of payment. But even in emerging markets, the demand for fintech has also skyrocketed as more people report a diminishing reliance on cash for weekly expenditures.

Identifying Opportunities in Emerging Markets

Launching a successful digital bank entails navigating a myriad of challenges, irrespective of the market’s maturity. However, digital banking in emerging markets presents its own unique set of hurdles, particularly in securing widespread adoption among mass-market consumers. To thrive in any market landscape, a digital bank must first establish meaningful access to its target customers. While the initial interaction may appear straightforward in the digital realm, the reality proves more nuanced.

The proliferation of digital advertising notwithstanding, capturing customer attention remains a formidable task, compounded by the intricacies of onboarding procedures, even for digitally savvy clients. Moreover, the reliance on app downloads as a precursor to engagement further heightens the barriers to entry as first-time users may find them intimidating.

Building a solid trust relationship with customers is important for digital banks to maximize their opportunities in emerging markets. Trust, arguably the linchpin of sustained usage, demands meticulous investment in creating positive onboarding experiences and fostering comprehension of banking channels and products. However, achieving this trust quotient is not easy, especially in emerging markets with lower access to financial services and digital literacy.

Black Banx’s Success in Emerging Markets

Black Banx is a digital bank focused on empowering financial inclusion in emerging markets by integrating banking into digital ecosystems. It was founded by German billionaire Michael Gastauer who always believed that well-designed financial services have the potential to uplift even the most marginalized segments of society, providing them with enhanced economic opportunities.

Consequently, Black Banx is steadfast in its mission to promote financial inclusion while harnessing the advancements within the fintech landscape. Today’s digital technologies offer unprecedented tools to reconstruct banking paradigms, especially for those underserved by traditional financial institutions, with smartphones and laptops serving as gateways to financial empowerment. But while Black Banx makes use of the most advanced fintech technologies, including blockchain and artificial intelligence, it delivers an intuitive and easy-to-navigate user experience through its website and mobile app so even the inexperienced or less tech-savvy consumers won’t have a hard time using its platform to carry out financial transactions.

With his expertise and decades of experience in the financial industry, Gastauer has a keen eye for trends and what works in different markets. So instead of delivering different experiences for developed and emerging markets, the renowned fintech mogul opted to roll out the same suite of services to both because of his motivation to realize financial inclusion and offer only the best banking experience to all. As such, Black Banx facilitates seamless transitions between physical and digital currencies and even cryptocurrencies. The digital bank also tailors its channels to accommodate customers at various stages of their digital journey, ensuring that they feel guided every step of the way until they achieve their financial goals. All of these contribute to Black Banx’s success in emerging markets.