‘Tips’ Articles

Diversifying product revenue is a valuable yet potentially overwhelming task. The process can be challenging when you’re managing the complexities of modern tech and market conditions. But what if you successfully diversified your product revenue without accruing additional technical debt – even during an unpredictable or shifting market?

In an increasingly digital world, more and more consumers are conducting business online. Almost 30% of business takes place over the Internet, with a 9.4% growth in e-commerce sales predicted for 2024, that number is likely to keep trending upward. If you’re considering starting a business, there’s no better time than now.

Coming up with a brand name is often one of the first steps a new entrepreneur takes when starting a business. After all, your brand name is what makes a first impression on potential customers and partners, making it one of your most important business assets.

In the US, domain name reselling is estimated to be a 6.7 billion dollar industry. With a continued growth of 4% since 2017 and a projected increase to 7% by 2026, it’s no surprise that companies are tapping into this market to capture some of this revenue. Fortunately, doing so is easier than you may think.