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AT&T CEO Calls On Google, Meta, Apple To Pay For Subsidies

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AT&T CEO Calls On Google, Meta, Apple To Pay For Subsidies

AT&T wants the seven biggest and most profitable tech companies, namely Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla, to help subsidize Internet and telephone access in the U.S.

AT&T CEO John Stankey said on Monday at a telecoms forum that big tech companies should be required to contribute to the Universal Service Fund (USF), a federal program that spends $8 billion a year on phone, Internet, and other telecommunications services.

The fund supports lower-income customers, customers who live in rural areas, or those who reside in high-cost areas. It also brings internet and phone service to eligible schools and libraries.

“The seven largest and most profitable companies in the world built their franchises on the internet and the infrastructure we provide,” Stankey said, per a Reuters report.

“Why shouldn’t they participate in ensuring affordable and equitable access to the services of today that are just as indispensable as the phone lines of yesteryear?” he added.

John Stankey, AT&T CEO. Credit: David Paul Morris/Bloomberg via Getty Images

As a telecommunications company operating in the U.S., AT&T is required to contribute to the USF.

The fund takes a percentage of AT&T’s revenues, starting at 15.5%.

AT&T charges its customers a Universal Connectivity Charge based on the USF percentage — so at the end of the day, AT&T’s customers pay an additional cost that goes towards the fund.

“In the competitive industry we are in, we cannot afford to absorb the costs associated with the USF that have been imposed on AT&T,” a company webpage reads.

Related: AT&T CEO Reveals Cause of Mass Outage, Offers Account Credit

Stankey isn’t the only AT&T executive to recently call attention to the USF fee. Earlier this month, AT&T executive vice president of federal regulatory relations Rhonda Johnson wrote that the company’s USF contribution percentage was now 34.4% — and had remained at above 30% for the past four quarters.

Johnson wrote that Congress should expand the USF’s sources of funding to “tech companies – like Meta and Google – that utilize consumer broadband connections.”

These big tech companies have profited from having Americans online and should also contribute to a reformed fund, according to Johnson.

Related: AT&T Customer Data Leaked to ‘Dark Web,’ Millions Affected

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Save up to 90 Percent on Flights with This $80 Lifetime Deal

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Save up to 90 Percent on Flights with This $80 Lifetime Deal

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

TL;DR: Be smart with how you approach business travel. You can save up to 90 percent on domestic and international flights with this lifetime subscription to Matt’s Flights Premium Plan, which is only $79.97 (reg. $1,800).

Professionals and companies spend more than $700 billion on business travel every year, according to Statista. It’s safe to say that there are a lot of lost dollars in there. If you’re one of the smarter entrepreneurs and business leaders out there who knows the difference between a well-priced flight and an overpriced one affecting your business — this limited-time deal is worth checking out.

With this deal on a lifetime subscription to Matt’s Flights Premium Plan, which is only $79.97 (reg. $1,800), you can save big on flights to and from the airport of your choice. This intuitive and helpful flight deal alert service features exclusive rates for domestic and international fares.

Included in this lifetime subscription, you will get updates and alerts on mistake fares, well-priced tickets, and deals to and from airports and cities of your choosing. Users can also learn about great travel deals with one-on-one travel planning from Matt himself. Talk about personalized service!

Matt’s Flights offers premium members as many as five times more deals than other members. When you buy it here, you can redeem a unique code on the platform, sign up for the Premium Plan, and start getting great deals sent to your inbox in no time.

If you’re curious about how this service has benefitted other travelers, consider some of the rave reviews it has received over the years from trusted publications like the New York Times and Thrillist.

Take advantage of this limited-time opportunity to get a lifetime subscription to Matt’s Flights Premium Plan for only $79.97 (reg. $1,800).

StackSocial prices subject to change.

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Stop Overwhelming Your Online Customers With Information Overload. Hook Them In With This Approach Instead.

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Stop Overwhelming Your Online Customers With Information Overload. Hook Them In With This Approach Instead.

Opinions expressed by Entrepreneur contributors are their own.

Users spend an average of 5.59 seconds looking at a website’s written content. I don’t know about you, but it seems like there is hardly enough time to gain users’ interest, let alone relay the information you want to share — and the information they want to find.

However, following best practices, there is no reason to bombard users with an avalanche of information when they land on your homepage. While there may be a lot of great information about your business, putting it in their faces when they arrive can have the inverse effect, making users feel overwhelmed and pushing them to leave the site.

So, what is the alternative? Thoughtfully crafted messages and content aligned with the customer journey and revealed through a slow, strategic drip known as progressive disclosure.

Related: Your Online Customer Experience Is More Than a Buzzword — It’s the Backbone of Your Business. Here’s How to Optimize It.

But what is progressive disclosure?

Progressive disclosure is about strategically revealing the information a user wants or needs at the precise moment the customer wants or needs it (rather than throwing it at them upfront). This is essentially a strategic approach to planning and releasing content throughout the customer journey to maximize engagement and move a customer through the conversion funnel.

Here’s an example: If you have a product-heavy website, the navigation should direct the user through a seamless navigation. If the navigation is designed strategically to align with the customer journey, then each click is a point on the path of progressive disclosure. As users move around the site, they will slowly but surely learn more about the products and services and find the information they need. This is precisely why websites use a thoughtful navigation system based on logic and integrated into the information architecture that outlines the content and where it should be placed within the site.

Why is progressive disclosure powerful?

The simple answer is that this process is customer-centric. It focuses on what customers want to accomplish rather than what you, the business owner, want to share.

In addition, progressive disclosure accomplishes the following:

  • Reduces friction: Information overload leads to confusion and decision paralysis. By presenting information relevant to the user’s immediate needs, you remove unnecessary hurdles and guide them seamlessly toward their goals.
  • Boosts engagement: Curiosity thrives when there is something more to discover. As users uncover new features and functionalities, their interest remains piqued, encouraging further exploration and deeper product engagement.
  • Builds trust: When users feel they’re being led, not overwhelmed, trust flourishes. Progressive disclosure shows respect for their time and attention, fostering a positive relationship between them and your product.

Related: 7 Ecommerce Customer Experience Strategies for Effective Branding in 2024

Want to rework your website so it’s aligned with your customers?

If you want to rework your website or consider how your content is aligned with your customers, here are a few considerations that will help ensure you are applying progressive disclosure principles:

  • Map the customer journey. Understand the different stages users go through, from awareness to consideration, purchase and beyond. Identify their needs and pain points at each stage.
  • Prioritize information. Categorize features and information based on their importance and relevance to each stage of the journey. Highlight core functionalities initially and unveil advanced features later.
  • Use microlearning. Chunk information into digestible pieces, delivered through tutorials, tooltips, and interactive prompts. This makes learning effortless and avoids cognitive overload.
  • Leverage visual cues. Employ clear design elements like hierarchy, icons, and animation to guide users’ attention and highlight key information.
  • Gather feedback. Continuously analyze user behaviors on your site and collect feedback to understand what resonates. Use this data to identify areas for improvement and implement valuable changes.
  • Use multiple touchpoints to communicate. While this strategy can be applied to a website, it applies to all digital communication channels. Most who visit your website either have a specific reason or are fact-finding. So consider using other digital channels, such as SMS and digital cards, to communicate more important (or urgent) messages in real-time.

Applying progressive disclosure isn’t just about withholding information; it’s about crafting a captivating narrative that unfolds as the user interacts with your brand. Applying this approach can foster trust, increase engagement, and ultimately create satisfied customers.

Remember, we’re not just selling products or services; we’re guiding users on a journey, and every step along the way matters. By unveiling the right information at the right time, we transform their experience from overwhelming to empowering, paving the way for sustainable success.

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How to Humanize AI Content: 3 Strategies for Authentic Engagement

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How to Humanize AI Content: 3 Strategies for Authentic Engagement

Want to know why human-generated content gets 5.4 times more traffic than AI-generated material? Learn the game-changing strategies that can make your AI content feel more authentic and engaging.

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