News Digest
- Bid on the shortened procedure
- Pay honestly with customers
- … And nothing personal!
- The Importance of Zoom in Online Sales
- Furniture giant will appear in the Emirates
Everything that happened last week in Ukraine and the world and is relevant for the furniture maker, read in our digest:
1. In April 2020, a law enters into force, which provides for a number of important changes in the public procurement procedure. In particular, the procurement threshold will be reduced to 50,000 hryvnias, and trading within the range of 50 to 200,000 will be held according to a shortened procedure. Today, the law does not apply to purchases in the amount of 50-200 thousand hryvnias. Moreover, procurement participants will be given 24 hours to correct inaccuracies in the tender proposal, which is now impossible to do and leads to rejection of the application.
2. Buyers (consumers) of goods and services receive the right to control the authenticity and reliability of settlement documents, as well as file complaints about violation of the procedure for settlement transactions. From October 1, in case of violation of the settlement procedure, they will be able to file a complaint and receive compensation for the cost of the goods, work or services they purchased. Compensation will be paid at the expense of the fine of the offender if the purchased product or service costs more than 850 UAH.
3. The decision of the National Bank came into force, which contains a direct ban on spending funds from FLP business accounts for personal non-business needs.
It is also specified that after paying taxes, fees and other payments, FOPs can transfer funds from entrepreneurial accounts to personal ones. And already from the personal account you can use the money for your own needs.
4. Sales of consumer goods online annually add double-digit rates – in all industries and around the world. Even in cases where everything ends with a traditional offline store, the path to making a purchase for the vast majority of us all the same begins on the Internet.
Not the least role in solving this problem is played by the method of “laying out” goods online, accompanying it with various kinds of related materials and information. Furniture is the same product for which it’s not enough just large pictures to find it on the Internet. It is important for the buyer to make out the details – especially the materials and textures used. It turns out that “magnifying glass” is the only reliable way to not leave a potential customer guessing what the product really is. With the successful implementation of the zoom option, the “zoom” maximally visually details the product – as if you were viewing it in a traditional retail store.
It is critically important to use a really high resolution image for the “zoom”, and not just scale it, there is a preview. When enlarging the image, it should look perfect, otherwise the function is not only useless, but it also deceives the user’s expectations.
5. One of the most ambitious furniture projects in the world is being implemented in the United Arab Emirates. Already this year, on the Persian Gulf, the first products under the Safnon brand will be launched by a new woodworking factory. It will be created from scratch by an industrial giant with an area of 100,000 square meters.
The investor and initiator of the project is a powerful and influential international group “Sobha” (www.sobha.com). The company is engaged in the construction business in the premium segment in the UAE, Oman, Qatar, Bahrain, Brunei. I haven’t done furniture before, but I plan to become not only a regional, but also a global player in the furniture market. It is planned to produce furniture of modern design, uncharacteristic of traditional oriental traditions. The financial capabilities of the group allow it to become a global furniture player from scratch even in a completely new business for it.

