Lifestyle
Making a Real Difference: How Your Business Can Create a Greater Impact on Society
– Choosing compostable paper bags over plastic packaging in your store.
– Offering fresh leftovers to the less-privileged living close to your eatery.
– Free haircuts every weekend for neighborhood kids whose parents can’t afford salon fees.
– Scaling your brand by cutting down on some less critical divisions in favor of affordability.
– Hiring well-vetted ex-convicts in your establishment.
The list goes on and on.
Beyond a pure profit-driven era and in an ideal world, the social impact of a business is just as critical to its overall success as the economic impact. Your business should be held to the moral responsibility of contributing to positive efforts, on any scale, against social injustice and other challenges faced by its host community. Contrary to the general misconception, social impact isn’t just about philanthropy.
“Social impact is tangibly improving the health and wellbeing of other people in society,” says Durell Coleman, an American entrepreneur, social impact consultant, multi-niched engineer, and Stanford lecturer. “The challenge in the definition is that a lot of things can appear to mimic this impact. However, the parameters for measurements are questions such as – who are the people who have some of the biggest health and wellbeing challenges? Are we making things easier for them? Are we creating things that are improving outcomes for them? As a social impact strategist, I think of who’s not being designed for and who’s not being served. Who’s left out of the systems that we currently have? This is how improvements are effected.”
Coleman is the founder and CEO of DC Design, a leading Black-owned social impact consulting firm and strategy development brand headquartered in San Francisco. With many years of experience working with nonprofits, foundations, and governments, Coleman has developed countless long-lasting community-centered strategies for directly impacting lives where it actually matters. He shares some thoughts on how social impact can be incorporated into everyday businesses on any feasible scale.
Social impact as part of your core business plan
One year. Five years. Twenty years.
It doesn’t exactly matter how long your business has existed. At any point in your growth trajectory, quality change can be envisioned. Cost-effective or non-cost strategies can be developed to scale your business up to an establishment making positive and genuinely helpful impacts on society. You’d have to identify what area of community or society you’d like to touch directly. For example, do you want to include more affordable options in your product list to tend to lower-income families, or would you like to include a free delivery option to nearby neighborhoods?
“Start with the people you want to serve,” Coleman says. “Not simply thinking about what’s needed to create change, but talking to them directly about what their experiences have been like in confronting the problem you hope to solve. If you want to affect homelessness, talk to the homeless. If you want to affect Black wealth inequality, talk to low-income Black people. If your work is about reducing mass incarceration, talk to those who are or have been incarcerated. They understand where the system failed them, where they could have chosen differently, and what your priorities should be.”
A combination of these insights is then applied to come up with solid approaches and viable strategies for creating directly visible impact. The result is the elevation of these social challenges as these ideas are solidified into long-term sustainable solutions.
Inclusivity against all forms of inequality
Escapism and denial about the social injustices thriving in the world, especially in the United States, would only hurt society in the long run.
“Inequality affects people across every demographic, spanning through parameters such as race where Black and brown people are undeniably affected by ongoing social injustice,” says Coleman, who runs Design the Future, a flagship program teaching high school kids to design products and apps for people with disabilities. “Other factors are gender, where women still battle career biases and representation; income levels, where lower income earners are often confined to lower quality schools, healthcare, and services; rap sheets as ex-convicts re-enter society with little hope for survival; and post-employment care, where war veterans are left to fend for themselves with inadequate assistance from the government.”
A business or brand seeking to make a real social impact must embrace the obligations of equality of inclusion in its range of services.
Tech firms can hire just as many males as females, cosmetics brands can include more dark skin tones in their product array to serve people of every color, fashion brands can supply plus-sized clothing at the same prices as other sizes, clinics can offer free therapy to war veterans, real estate agents can offer lower service percentages to the less-privileged, and more businesses can give formerly incarcerated people a chance.
Be kind to your labor force
A business can make all the social impact in the world but it would all be for nothing if the employees or hired labor, the actual driving force of the enterprise, are unhappy and uncared for. Social impact starts from the immediate environment and broadens out toward larger society.
In conclusion, Coleman describes his personal approach to employee wellness.
“Henry Ford had it right. He paid his people enough so that they could hopefully buy the cars that they were producing, and it all worked out,” he says. “I run a for-profit social impact business. I have to be efficient and I have to make enough money to support my people, my employees. I try to bring in the best employees possible. I try to give them health care. I want to make sure that they have everything that they need to thrive in their own lives.”
Lifestyle
The Evolution of eCommerce: How Online Shopping Has Changed in the Last Decade
Over the past decade, eCommerce has transformed from a convenient alternative to brick-and-mortar shopping into a dominant force shaping global consumer behaviour. This evolution has been driven by advancements in technology, shifting customer expectations, and innovative logistics strategies that ensure purchases reach doorsteps with unprecedented speed and efficiency. Let’s explore how online shopping has evolved and what it means for businesses and consumers alike.
The Rise of Mobile Commerce
One of the most significant changes in eCommerce is the shift towards mobile shopping. Smartphones have become the preferred device for browsing, comparing, and purchasing products. According to recent studies, more than 70% of online transactions now occur on mobile devices. User-friendly apps, seamless payment gateways, and mobile-first website designs have played pivotal roles in driving this trend.
For businesses, this shift has meant a greater focus on responsive design and mobile-optimised platforms to enhance user experience. It has also encouraged the rise of social commerce, where platforms like Instagram and TikTok have become integral to shopping journeys, blending entertainment with eCommerce.
Personalisation and AI Integration
A decade ago, personalisation in online shopping was rudimentary – limited to broad product recommendations. Today, artificial intelligence (AI) and machine learning have revolutionised how retailers engage with customers. eCommerce platforms can now analyse browsing habits, purchase history, and even real-time preferences to deliver highly tailored shopping experiences.
From personalised email campaigns to dynamic website content that adapts to user behaviour, AI has allowed businesses to forge stronger connections with their audiences. This evolution not only boosts sales but also fosters customer loyalty in a competitive market.
The Amazon Effect and Expedited Delivery
The “Amazon Effect” has been another game-changer, setting new standards for eCommerce logistics. The expectation of fast, often same-day delivery has become a benchmark for online retailers worldwide. To meet these demands, businesses have invested heavily in supply chain optimisation and partnerships with reliable logistics providers.
The integration of advanced eCommerce freight solutions has been crucial in ensuring timely and cost-effective delivery. These solutions streamline the movement of goods from warehouses to customers, enabling retailers to stay competitive while managing rising logistical complexities.
Sustainability in Online Shopping
As awareness of environmental issues grows, sustainability has become a major focus for eCommerce. In the last decade, consumers have increasingly demanded eco-friendly practices, prompting businesses to adopt greener approaches.
From sustainable packaging to carbon-neutral shipping options, online retailers are now incorporating environmental responsibility into their operations. This shift not only aligns with consumer values but also provides businesses with a competitive edge in a market that prioritises ethical consumption.
The Power of Data and Analytics
Data has always been integral to eCommerce, but its role has expanded significantly in the past ten years. Advanced analytics now allow businesses to understand consumer trends, optimise inventory management, and enhance marketing strategies. Predictive analytics, for instance, can anticipate demand fluctuations, helping retailers avoid stockouts or overstocking.
Moreover, data-driven insights have made omnichannel retailing more cohesive, ensuring customers have a seamless experience whether they’re shopping online, in-store, or through a combination of both.
Challenges and Opportunities Ahead
While the evolution of eCommerce has brought remarkable progress, it hasn’t been without challenges. Rising customer expectations, cybersecurity threats, and the complexities of global trade are just a few hurdles businesses face. However, these challenges also present opportunities for innovation.
By adopting cutting-edge technologies, fostering strategic partnerships, and focusing on customer-centric approaches, businesses can continue thriving in the ever-changing eCommerce landscape.
As you can see, the past decade has been transformative for eCommerce – reshaping how we shop, sell, and interact with brands
From the convenience of mobile shopping to the precision of AI-driven personalisation, the industry has continually adapted to meet the needs of modern consumers. As technology advances and consumer expectations evolve, one thing is certain – eCommerce will remain at the forefront of global retail innovation for years to come.
-
Tech4 years ago
Effuel Reviews (2021) – Effuel ECO OBD2 Saves Fuel, and Reduce Gas Cost? Effuel Customer Reviews
-
Tech5 years ago
Bosch Power Tools India Launches ‘Cordless Matlab Bosch’ Campaign to Demonstrate the Power of Cordless
-
Lifestyle5 years ago
Catholic Cases App brings Church’s Moral Teachings to Androids and iPhones
-
Lifestyle4 years ago
East Side Hype x Billionaire Boys Club. Hottest New Streetwear Releases in Utah.
-
Tech6 years ago
Cloud Buyers & Investors to Profit in the Future
-
Lifestyle4 years ago
The Midas of Cosmetic Dermatology: Dr. Simon Ourian
-
Health6 years ago
CBDistillery Review: Is it a scam?
-
Entertainment5 years ago
Avengers Endgame now Available on 123Movies for Download & Streaming for Free