Attractiveness of NWFP as a value beyond price
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The value of a product is generally associated with its price: higher the price, higher the value. This perception can be applied also to the Non-Wood Forest Products (NWFPs) sector: for instance, truffles are more attractive for companies than other edible but mediocre mushrooms, due to the higher willingness to pay of consumers. Nevertheless, a NWFP can have a value that goes beyond its price: its attractiveness.
The appeal of a territory is usually linked to its characteristics and peculiarities, that needs to be communicated toward effective territorial marketing strategies. In this respect, NWFPs can play an important role and their integration in the marketing strategy can have a positive impact, contributing to enlarge the tourist portfolio of a destination.
The INCREDIBLE project Cross cutting seminar, held in Val Taro, Emilia Romagna region in Italy, aimed to give an overview of the importance of territorial marketing and present some best practices. Days after this meeting, we still have some issues to reflect on and review.
NWFPs are very different, ranging from the non-edible ones such as cork, resin, and herbs to the edible one such as mushrooms, truffles, nuts and berries: every product has its peculiarities, but there are similarities in the way they can be used as a marketing element.
Tourists are the final “users” of the supply chain and in order to attract them an organized and appealing destination is essential. Understanding the peculiarities, the strengths and the weaknesses of a territory is the first step to decide what communicate to the tourists. Participative approaches between local authorities, inhabitants and all the local stakeholders are fundamental to understand and then communicate what a territory can offer. The organization and the coherence of the tourism destination are much more important than the specific product. The identification and the valorization of a local gastronomic excellences or a traditional product can be an added value for a destination, but it is secondary in respect to the coordination and the organization of all the destination.
The use of trademarks and labels can play a central role in the communication of the quality of a specific product. In the case of certified gastronomic products, such as ‘Fungo di Borgotaro IGP’ (Borgotaro PGI mushrooms) or Melinda DOP (POD apples), presented as best case studies, the tourist can recognize the European label and expects, as a consequence, that also the rest of the tourism destination has a high standard. Therefore, trademarks and certifications can play a central role in the promotion and have a high impact also in the production of the NWFP. The interactions, the connections and the synergies between the production-oriented businesses and the service-oriented ones should be several and strategic to gain reciprocal benefits. For instance, in some of the best practices presented, local restaurants and accommodation structures use local certified products. Furthermore, interesting and appealing experiences, based on certified products, such as tours, harvesting activities, can be organized.
To conclude, both edible and non-edible NWFPs can fascinate the curiosity of tourists. For this reason, they can be integrated into territorial marketing strategies and become economically important not just for their intrinsic value but also for their attractiveness. Find the proper balance between production and service businesses, coordinated by an effective territorial marketing strategy that takes actively into account all the stakeholders, is the key to success.
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Alternatives to Paypal for international money transfers
While Paypal is a widely recognized and trusted platform for international money transfers, there are alternative options available, depending on your specific needs and preferences. One popular alternative is TransferWise, an online money transfer service that offers competitive exchange rates and low fees. TransferWise operates by matching your transfer with someone else's in the recipient's country, thereby avoiding costly international bank transfers. This peer-to-peer approach can result in significant savings, especially for larger transfers. Additionally, TransferWise provides transparent and real-time exchange rates, ensuring that you know exactly how much your recipient will receive.
Another alternative to Paypal is Payoneer, a global payment service that specializes in cross-border transactions. Payoneer offers multi-currency accounts, allowing you to receive payments in different currencies and withdraw funds to your local bank account at competitive rates. Payoneer is particularly popular among freelancers and online sellers, as it provides a seamless payment solution for receiving funds from international clients or marketplaces. Moreover, Payoneer offers additional features such as prepaid Mastercards, making it convenient to access your funds globally.
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Tips for using Paypal for money transfers
To make the most of your Paypal money transfers, consider the following tips:
By following these tips, you can make your Paypal money transfer more efficient, secure, and cost-effective.
Conclusion
Paypal has transformed the way we send and receive money, offering a convenient, secure, and versatile platform for both individuals and businesses. From instant transfers to international transactions, Paypal has revolutionized the global marketplace, allowing us to navigate borders with ease. Whether you're an entrepreneur expanding your business globally or a philanthropist supporting causes on an international scale, Paypal provides endless opportunities for instant and secure money transfers. While considering the fees and exchange rates associated with Paypal, the advantages of its global reach, buyer and seller protection, and seamless integration with e-commerce platforms make it a trusted choice for millions of users worldwide. With Paypal, you can unlock the power of instant and international transactions, making the world a smaller and more connected place.
FAQ: PayPal money transfer
Q: How does PayPal money transfer work?
A: PayPal money transfers operate through a secure digital platform that facilitates seamless transactions between individuals, businesses, and organizations. Users create a PayPal account, link it to their bank account or credit card, and can then send or receive funds electronically. PayPal acts as an intermediary, safeguarding sensitive financial information and providing a convenient channel for conducting online transactions.
Q: How long does it take for a PayPal transfer to go through?
A: The processing time for PayPal transfers largely depends on the type of transfer being made. Instant transfers, commonly used for sending funds to other PayPal users, usually occur within minutes. However, in some cases, transfers may take up to 24 hours to complete, particularly when certain security measures are in place or during peak transaction periods. Transferring funds from PayPal to a bank account typically takes 1-3 business days, depending on the recipient's bank and other external factors.
Q: What is the best way to transfer money from PayPal?
A: When it comes to transferring money from PayPal, several options are available, each suited to different circumstances. Here are a few preferred methods:
Q: How much money do you need in PayPal to transfer to the bank?
A: PayPal imposes minimum and maximum limits for transferring funds to a bank account. As of the time of writing, the minimum amount required to initiate a transfer from PayPal to a bank account is typically $1 or its equivalent in the respective currency. However, it's important to note that certain factors, such as country-specific regulations and individual account settings, may impact the minimum transfer amount. To ascertain the specific minimum threshold applicable to your account, it is advisable to consult PayPal's official guidelines or contact their customer support.
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