The World Employment and Social Outlook revealed that more women are unemployed (5.4%) in comparison with the unemployment rate of men (4.7%). This phenomenon is common in low to middle-income countries and rarely met in the upper to middle-income countries. WeBuy has proposed a strategy to reduce the unemployment rate.
“Especially in our current economic downturn, it is crucial that we pursue national policies that promote innovation to ensure that there will be enough prosperity to carry on into the next generation.” — Gary Shapiro, author of New York Times best-selling books.
WeBuy’s Simple Solutions for Everyday Use
WeBuy is a creative idea, inspired by global economic problems limiting the success of businesses. Developed from a good thought out process, WeBuy presents the following solutions to economic challenges.
Elimination of middlemen in Businesses
Having observed the mechanism of middlemen in enterprises, WeBuy has integrated a streamlined function eliminating the need for middlemen.Middlemen are advertisement agents, intermediaries between the buyer and the seller.
The Statistical portal shows that the global advertising expenses from 2014 to 2018 have increased by 55.1%. Experts have estimated that it will grow more significantly by 20.1% in 2021. In 2017, the United States spent the largest on adverts with 197.5 billion U.S. dollars, followed by China and Japan. Seemingly, the global advertising expenditure will continue to increase.
The WeBuy platform will decentralize the digital advertising world and make it profitable for all. All buyers’ turn into advertising opportunities for the sellers. The sellers are then able to pay to be able to approach the buyer via a range of advertising methods. It allows the sellers to use a pure direct marketing strategy, preventing the exhaustion of resources on irrelevant ads for irrelevant users.
A Paradigm shift in business communications
WeBuy platforms are engineered to break new ground in business communications between a buyer and a seller. Up until now, transactions have always towed from the seller to the buyer in actual businesses. Even online businesses still need some form of digital advertisement to attract buyers.
On the WeBuy platform, we already have buyers looking for products and in need of the sellers. It will reduce the cost of running a business for the sellers, maximize profits and enhance the economy.
Work From Home Opportunities
The WeBuy platform will provide lots of opportunities to work from home, securing some benefits of economic development. Statistics show that every year almost $1.8 trillion worth of productivity is lost through distractions like office gossiping, time lost on the road, etc. (Forbes, 2017)
A report from the State of Work Productivity highlighted that 65% of employees believe that productivity will increase with more remote work opportunities (Forbes, 2017). More and more managers support the theory that productivity will increase with employees working from home.
WeBuy platform has an integrated an advertising grid which is activated once the buyer releases a buying request. These specific requests are adverts for the sellers which are direct and targeted, therefore, more beneficial than the generic and traditional advertisement placement. Money paid for the specialized advert is apportioned among the buyers, their referrer and the platform. Also, money can be earned via the buyer’s network referral. The individual buyers can build a network of either buyers or sellers, and gain as the network grows.
WeBuy Fosters Gender Equality
Financial barriers include local financial conditions — such as a lack of collateral, inadequate financial infrastructure, or the high cost of funding — while non-financial barriers include the social and cultural norms underlying gender bias.
Through the BRN, all of the opportunities available to male sellers are equally accessed by bona fide female business owners, regardless of race or creed. All one has to show is a good relationship with buyers and be in a network where one’s services or products are satisfactorily endorsed directly.
The global economic problems are the web of the nations economic flaws, so a concomitant grid of solutions are needed to resolve the majority of the challenges. WeBuy is positioning itself to be a player in the global economy.The WeBuy strategic roadmap will enable the global workforce and consolidate businesses for an economic breakthrough.
A good quote to remember when you need to make a decision about improving your financial situation today: “Even the largest avalanche is triggered by small things.” — Vernor Vinge
Join forces with WeBuy to succeed in alleviating global economic problems.