برچسب: revenue

  • 4-Day Workweeks Lead to More Revenue, Less Burnout: Study

    4-Day Workweeks Lead to More Revenue, Less Burnout: Study


    Adopting a four-day workweek can improve employees’ mental health and boost a business’s bottom line, according to a new study.

    After studying over 245 businesses and nonprofits that have piloted a four-day workweek in their organizations over the past three years, Boston College economist Juliet B. Schor, also a lead researcher at 4Day Week Global, wrote in The Wall Street Journal that working one day less a week resulted in health benefits for employees. Nearly 70% of workers reported reduced burnout, over 40% experienced better mental health, and 37% saw better physical health.

    Related: ‘Love It!’: A Town in Connecticut Is Experimenting with a 4-Day Workweek — and It Seems to Be Working

    The pilot programs have reached 8,700 employees around the world, including the U.S., U.K., Brazil, and Ireland, and have lasted for at least six months at each company.

    On the employer side, the majority of organizations that piloted a four-day workweek noticed improved bottom-line metrics, including increased revenue and dwindling resignations. The results were so clear that over 90% of the more than 200 companies that started a six-month trial by June 2023 were still on a four-day workweek schedule a year later.

    Cloud computing provider Civo, which has 84 employees according to PitchBook, piloted the four-day week in 2020 and implemented it as company policy in January 2021. Civo CEO Mark Boost told The Register in April that the company has continued a four-day workweek for the past four years after positive feedback from staff and no decline in productivity.

    “Every employee is on a four-day week and most employees opted for Fridays off, which gives them a three-day weekend,” Boost told The Register.

    Kickstarter also works on a four-day week, which started as a pilot program in 2021. Employee engagement is up 50% as a result. Kickstarter CEO Everette Taylor told Kevin O’Leary in July that employees are “very productive” within their four days of work per week.

    Related: This Country Just Implemented a 6-Day Workweek for Employees

    However, a four-day week can have disadvantages. According to the BBC, reducing the workweek by a day can lead to a more intense workload on the remaining four days, potentially causing more employee stress.

    In 2019, Microsoft Japan gave its 2,300-person workforce five Fridays off in a row in August without cutting their pay. The four-day workweeks led to 40% more productivity, with employees taking off 25% less time during the trial, according to the study. Despite the promising findings, Microsoft ended the program after trialing it without giving a reason for not implementing the four-day workweek as a permanent policy.

    Still, a recent survey shows that more than three in five U.S. employees want a four-day workweek, even if they have to work longer hours. The survey, released by LiveCareer in January, polled 1,130 Americans about their thoughts on a four-day workweek, working 10-hour days.

    Nearly 70% of employees supported a four-day week, predicting that it would make them more productive and lead to better work-life balance.

    Adopting a four-day workweek can improve employees’ mental health and boost a business’s bottom line, according to a new study.

    After studying over 245 businesses and nonprofits that have piloted a four-day workweek in their organizations over the past three years, Boston College economist Juliet B. Schor, also a lead researcher at 4Day Week Global, wrote in The Wall Street Journal that working one day less a week resulted in health benefits for employees. Nearly 70% of workers reported reduced burnout, over 40% experienced better mental health, and 37% saw better physical health.

    Related: ‘Love It!’: A Town in Connecticut Is Experimenting with a 4-Day Workweek — and It Seems to Be Working

    The rest of this article is locked.

    Join Entrepreneur+ today for access.



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  • Grandma’s Recipe Started Business With $2B+ Annual Revenue

    Grandma’s Recipe Started Business With $2B+ Annual Revenue


    Mildred Reser started selling potato salad to pay the bills back in 1950. The recipe she perfected in a rural Cornelius, Oregon, farmhouse helped her launch a seasonal business, Mrs. Reser’s Salads, which supplied local meat markets before it moved to its first small factory and landed distribution in Safeway.

    Image Credit: Courtesy of Reser’s Fine Foods. Grandma Mildred with her family.

    Mildred’s son, Al, stepped in as president in 1960, and the company became Reser’s Fine Foods. Eager to transition operations to a larger facility but lacking the cash to do so, he took the company public and raised a little over $200,000. Those funds went toward opening Reser’s 55,000-square-foot Beaverton facility in 1978.

    Because potato salad was primarily considered a summer staple in the Pacific Northwest, Al also expanded the product line to include sausages, tortillas and more to offset seasonal sales slowdowns.

    Shortly thereafter, in 1986, Al took the company private again to prevent an outside investor from assuming control.

    “[We]  actually received some loans from customers, vendors, employees [and] a lot of family members to make that move,” Mark Reser, Al’s son and the current CEO of Reser’s Fine Foods, says. “We were much smaller at the time, but it was a very strategic move to take it back private.”

    Related: The Business He Started in Response to a Frustrating Grocery Store Experience Surpassed $1 Billion in Sales and Counts Ray Dalio Among Its Investors

    Image Credit: Courtesy of Reser’s Fine Foods. Mark Reser with his father, Al.

    “I had my own little route, and [it was a] great way to learn the whole product line.”

    Mark began working in the Reser’s factory in eighth grade; he continued helping with the family business through high school and into college during the summer months. His degree in accounting proved useful in understanding the business’s numbers. After graduation, Mark spent a couple of years driving a truck route for the company’s direct store delivery.

    “I had my own little route,” Mark recalls, “and [it was a] great way to learn the whole product line, to have that experience, the interaction with the customers.”

    Related: A Cambodian Refugee Paralyzed By Polio Says ‘Not Much’ Was Expected of Him. He and His Wife Built a Multimillion-Dollar Business That Beat All Odds.

    Reser’s needed help managing its peak salad season, so Al acquired a company with about 40 employees in Corona, California, and Mark relocated to run it in 1990. Mark learned a lot before moving on to lead an even larger operation in Topeka, Kansas, where he spent eight years growing the company’s first built facility, he says.

    He moved back to Oregon in 1998 and became COO. He then stepped in as president in 2006.

    Image Credit: Courtesy of Reser’s Fine Foods. CEO Mark Reser.

    The Kansas facility remains Reser’s largest base today, with four manufacturing plants and a distribution center. Reser’s currently boasts over 5,000 employees across North America and more than $2 billion in annual revenue; the business has also seen double-digit sales growth each of the past five years, per the company.

    “We always stress that the 4th of July always comes on the 4th of July.”

    These days, as Reser’s celebrates its 75th year in business, it must navigate some of the same challenges it has over decades past, like potential commodity issues and labor shortages. Putting in the work to prepare, especially for the company’s busiest stretch, Memorial Day through the Fourth of July, remains an indispensable strategy, Mark says.

    Image Credit: Courtesy of Reser’s Fine Foods

    “We always stress that the 4th of July always comes on the 4th of July,” Mark explains. “It’s all about the planning up front. We did planning in the earlier years, but not as much as we’re doing today.”

    Related: This Couple Used Their Savings to Start a Small Business. A Smart Strategy Helped Make It a Multimillion-Dollar Success.

    The company continues to innovate to help fuel year-round sales, and its hot side dishes, big sellers in the fall and winter months, have become an integral part of that, Mark notes. Now, alongside Reser’s Fine Foods, the company’s line includes Main St Bistro, Stonemill Kitchens, Reser’s Foodservice, Fresh Creative Foods, St Clair Foods, Baja Café and Don Pancho. Its Mexican food category in particular enjoys sales stability year-round, Mark adds.

    “Our family’s aligned, and that’s so critical.”

    According to the CEO, Reser’s strength as a family business stems from its shared goals when it comes to leadership and growth.

    “Our family’s aligned, and that’s so critical,” Reser explains. “ They’re aligned on reinvestment, they’re aligned on the next generation, taking the business even further, and they’re aligned on the drive to continue to grow the business.”

    Related: Entrepreneurship Means Generational Independence. These Leaders of a 115-Year-Old Family Business Are Honoring the Past and Building for the Future.

    Mark’s nephew and his oldest son are currently part of that next generation working in the business, and he hopes to see several other family members join the company down the line.

    “There’s a lot of learning that they have to do, but we do feel  we’ve got some great, strong leaders coming up within the ranks, taking the business further,” Reser says. “We want [Reser’s Fine Foods] to become a bigger part of the meal.”

    Image Credit: Courtesy of Reser’s Fine Foods

    The company sees growth opportunities in meal kit bundling, convenience stores and more snack-sized options, and it continues to research potential categories for expansion. Reser’s launches close to 300 items per year, Mark says, noting that many are custom-made for restaurant chains or private label.

    Related: 10 Growth Strategies Every Business Owner Should Know

    The key to growth is to always consider what’s next and resist the urge to get too comfortable, the CEO says.

    “ Don’t forget who pays the bills — it’s the customers,” Reser says. “And don’t forget who does the heavy lifting. That’s your employees. Make sure you’re having fun and enjoying yourself. If you’re not, you’re in the wrong spot.”



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  • How app developers can optimize ads revenue during COVID-19

    How app developers can optimize ads revenue during COVID-19


    Increase operational efficiency with automated features 

    Maximize revenue from multiple networks with mediation

    Waterfall management takes up a lot of time and manual work. Ad Network Optimization offers an easy solution to help you automate that process and free up time to spend on other areas of your business. This feature automatically pulls in the freshest CPM value from each network in the waterfall and allows the one with the highest eCPM to serve the ad. 


    Optimize AdMob demand on other platforms

    If you are using a different platform to mediate AdMob demand, you can set your ad units to a Google optimized eCPM floor which allows Google to dynamically set the floors based on your preference. The AdMob Network’s eCPM floor placement will then be adjusted with the other ad networks automatically to help you maximize total revenue. 

    We hope the best practices shared here can help inform your monetization strategy during this time. If you’re interested in other tips to help your app business, check out Google Play’s best practices for your in-app products and subscriptions.

    1. Google Data, Global English, Feb 26 – Apr 25, 2020 vs Feb 25 – Apr 25, 2019



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  • Earn more ads revenue this holiday season with engaging ad formats from Google AdMob

    Earn more ads revenue this holiday season with engaging ad formats from Google AdMob


    Optimize performance with adaptive banners

    Adaptive banners offer an easy and effective way for app publishers to enhance the performance of banner ads. With the ability to return the optimal ad size tailored for each user’s device, adaptive banners can help publishers maximize the performance of banner ads with minimal coding.

    Adaptive banners can be placed in two ways:

    • Anchored placement: banners will appear locked to the top or bottom of the screen. Adaptive anchor banners were first introduced in late 2019 and are now available for all publishers to use.

    • Inline placement: banners will appear in scroll view within app content. This is a new placement that is now available in closed beta.

    To learn more and get started with adaptive banner ads, start here or reach out to your account manager. 



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  • More flexibility to help publishers to optimize app revenue

    More flexibility to help publishers to optimize app revenue


    For app publishers, revenue remains a key business priority with searches for “app monetization” growing over 35% from 2021 to 2022, according to Google Trends. As the evolving privacy landscape and economic uncertainty continue to present challenges for the apps industry, we’re sharing some updates to help publishers increase revenue and grow their businesses with AdMob.

    Greater choice through increased inventory access with multiple calls

    Based on publisher feedback for more control and flexibility with their monetization strategies, we are updating our previous guidance for app publishers making requests to Google from third-party mediation platforms. For those app publishers using multiple calls, there is no set number of calls for a given impression when accessing demand through AdMob Network or Ad Manager.

    Some app publishers regularly use a multiple-call setup on third-party mediation platforms to provide more buying opportunities for their ad space from specific networks like AdMob. Multiple call is the practice where a publisher makes ad requests to the same network multiple times for a single impression opportunity — typically with other networks as part of a waterfall mediation chain.

    For many publishers and end users, a single call continues to be the optimal solution. If a publisher wants to test a multiple-call setup, we recommend they begin with reasonable waterfall lengths when testing; excessively large waterfalls of ad requests may not always deliver sustainable performance improvement.

    While more ad requests with multi-call setups can increase inventory access, publishers may see trade-offs like higher ad load latency within their apps, affecting the user experience. A complex multiple-call setup also typically requires more hands-on management from the publisher to maintain. Publishers who test multiple call setups should consider a balance of overall user experience, publisher overhead, and publisher revenue.

    Advertisers and buyers, including Google Ads and Display & Video 360, may have their own approach to bidding on multiple-call setups and may factor this into their models and buying behavior.

    An excessive number of calls may increase query and server loads, which could interfere with a mediation platform’s reliability standards. In such instances of excessive ad requests, AdMob and Ad Manager may take action to prevent system impact.

    Improvements to AdMob bidding and revenue optimization

    AdMob bidding, our real-time bidding solution from AdMob, continues to help publishers increase their inventory value while streamlining mediation management. In the past year, we’ve accelerated efforts to onboard more buyers with their own SDKs to participate in unified bidding and waterfall mediation. These high-quality buyer integrations help ensure optimal performance in AdMob mediation and drive more revenue for publishers.

    We are continuing to provide choice for publishers over how they monetize their mediation setup. For publishers using AdMob or Ad Manager as their mediation decision layer, we are experimenting with increasing the amount of calls allowed within Google-managed waterfalls. We are currently testing this feature in limited access.

    AdMob is committed to helping publishers remain competitive and grow their apps businesses. We will continue to incorporate feedback from our publisher partners into our product development.



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  • New ways to unlock revenue with first-party data

    New ways to unlock revenue with first-party data


    Another solution to help you unlock the value of first-party data is app analytics connection. It links your first-party analytics data like user activity and purchase events to publisher first-party ID to further enhance ad personalization. App analytics connection is fully integrated with Google Analytics for Firebase.

    Publishers who have been testing these first-party data solutions are excited about the impact they’ve seen.

    “We were particularly interested in user insight surveys, which can help us generate first-party data while players are engaging with our games to personalize ad serving in the absence of third-party tracking IDs. We’re excited about AdMob’s commitment and progress in developing first-party data solutions. It gives us confidence that they will continue to build durable solutions to help advance our monetization strategy in the long run.”

    Kiel LeBaron, Sr. Director, Ad Monetization, Jam City

    “It’s been a core focus of my team to identify ways to unlock new revenue growth with less reliance on third-party identifiers. I’m excited about the early results of AdMob’s simple and automatic solutions like app analytics connection and user insight surveys, which are enabling me to start using a first-party data strategy on AdMob to boost my revenue potential.”

    — Diogo Branco, Head of Ads Monetization, MiniClip

    User insight surveys and app analytics connection are currently in beta and will be available to more AdMob publishers in the near future. Reach out to your account manager to learn more or follow AdMob channels to get the latest information.



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