World

Heavy Discounts on Price Tags are Boosting Online Shopping at Global Level

Published

5 years ago

October 25, 2019

A global survey on the online business market has highlighted that offering heavy discounts in online shopping has been playing a crucial role in increasing the sales of different products and services. Almost every business company has been offering discounts on its products which has simply increased the popularity of online shopping over the last few years. And many emerging companies have witnessed a boost in their online business due to the heavy discounts.

In a survey, it has become evident that heavy discounts on various products not only help to attract new customers but this strategy also helps to build a strong relationship with old customers. Online businesses have managed to improve their reputation among customers by offering discounts on their services and products. The use of digital marketing has helped considerably to increase the sales of products in the online business environment.

Companies are also using the strategy to offer a discount on items to clear up their store to make room for new products. The survey highlights that by setting a heavy discount on products, many online businesses have also been getting benefitted due to the increase in the sales of their other new products. Various businesses are offering heavy discounts on the sale of their products to meet their sales goals. The online portal, buy at a discount has been in the news these days due to the heavy discounts on all the products it sells. People are visiting such online sources on a large scale to shop their daily use items at an affordable price.

World

Turkish Textile Giant Sun Textile Solution Proposal for Drought

Published

17 hours ago

February 4, 2025

Jenny Jackson

While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.

Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.

The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.

CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!

In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.

The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.

R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!

Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.

OFFERING CUSTOM DESIGNS TO CUSTOMERS

Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.

With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.

Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.