Tag Archives: Michael Adams

These Sports Are Great For Kids

Kids enjoy sports and they have a very good time with the entire process. The coolest thing about showing off various sports to your child is that you never really know what they will like the most. That’s why it’s a good idea to present all kinds of sports and just see what they are picking. That way you know they enjoy their time and that’s what matters.

Karate

There are tons of karate classes for munchkins out there, and kids love karate a lot. It’s the type of sport that can be great for workouts. It also boosts confidence levels and it manages to keep kids safe too. That’s why you may want to show them karate, because it’s very interesting and it also has great benefits associated with it. Of course, it can also be a tad violent, so maybe it might be a good one for older kids.

Football

Football is nice, it encourages teamwork and it also brings in a lot of workouts too. Plus, it’s just a great sport that you can enjoy and you will like it as it’s super intricate, with great ideas and tremendous options. Simply put, if you are passionate about sports in general, football might be a good pick for your child.

Bicycling

Going on the bike and just exploring the world is great. It allows kids to just enjoy life and have fun, while also appreciating their time and working out. It’s definitely the best of both worlds, and you will find the results to be second to none all the time due to that. Just check it out and give it a try, you will be very happy with the results and the entire process.

Jiu Jitsu

Entering your kids in the brazilian jiu jitsu training world can seem intimidating at first. But this really is an amazing sport. It’s great for boys, but girls also tend to like it just because it encourages them to take good care of themselves.

Skating

Skating is cool since it boosts your agility and it also encourages you to boost your confidence too. You will love it just because it’s super interesting and just a pleasure to check out all the time. Just consider giving it a try with your child!

Running

Running offers a great workout, it’s the best cardio approach and it does have the potential to pay off big time. Plus, it reduces the risks of flu, not to mention it can be performed anywhere.

These sports are great for your child, so you should present them and see what your child likes the most. It helps a lot and you will also appreciate the great experience that comes with it. Just check it out, give it a try and the results on their own can be second to none. Plus, your child can try them all and then you can see what you enjoy the most. Just check them out and you will be very impressed with the process! For the Silo, Michael Adams.

Influence of COVID-19 on luxury refurbished market

The luxury market was one of the most adversely affected industries during the pandemic.

Between 2020 and 2021, people were stuck in lockdown to help prevent the spread, and as a result did not have a reason to go out purchasing luxury products.

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This naturally affected the sales of the luxury market, as jobs were being lost and the priority shifting from spending money to saving money. Luxury products are still desired, however getting access to brand new products was not manageable for the vast majority. This is where the business model, coined by Simon Kronenfeld came into play, which helped more individuals get access to luxury products.   

If you’re wondering who Simion Kronenfeld is, he is a business expert known for his revolutionary approach of re-selling refurbished products.

His business model had a strong impact towards the luxury market. Prior to 2001, consumers were only able to gain access to new luxury products and if the products had any damages they would be returned to the company. This created a problem as the company could no longer sell these unpackaged products. Nevertheless, Simon Kronenfeld found a solution. (Kronenfeld is a man with humble beginnings, who came from Israel to Canada and started off as a dishwasher.) In 2001, Kronenfeld founded Electronic Liquidators, which not only revolutionized the electronics market, but the entire resale market, which had a tremendous impact on the luxury market. 

Kronenfeld.

Simon Kronenfeld discovered that up until 2001, nobody was working on repackaging the products that were returned to a company.

Recognizing this gap in the market, Kronenfeld started his very own business focusing on this sector specifically. Simon Kronenfeld started repackaging the products that were returned to a company labeling them as refurbished products. These refurbished products were then sold at the second-tier shops, transforming these financially burdened products into a multi million dollar business in just the span of two years. This same business model was replicated by many other companies following the positive impact this model brought both on a financial level and on an environmental level. In this day and age, sustainability is everything, so this concept has become a multi million-dollar formula for businesses. In fact, most companies are now earning billions of dollars annually by repackaging the return products and selling these refurbished products. 

This had a massive positive effect on the luxury market, as the luxury market was losing millions of dollars every year because of returned products.

Now, however, revenue could be generated from refurbished products, and turn a profit.  There are a lot of platforms online that promote luxury resale at much more affordable costs, benefiting all parties involved, especially now during the pandemic where people are not actively buying new luxury products, opting for refurbished products seems to be the best solution since they come at more affordable prices yet still offer the practicality.  

While a number of industries were negatively impacted, the refurbished market mitigated the losses in the luxury market while also offering sustainability. The refurbished market focuses on a big portion of the population in virtually any country, as in reality a tiny percentage of the population is able to indulge in these luxuries. This model gives more people access to a higher lifestyle for less, while still expanding the business market and creating more jobs as a result of this niche. These refurbished products are much more appreciated in common households and provide a good source of revenue to the sellers capitalizing on this market and offering a win-win situation.  For the Silo, Michael Adams.