Jet Parts Engineering, which designs and supplies aviation parts worldwide to airlines and aircraft maintenance companies, is expanding its customer base through a growth strategy focused on ecommerce and acquisition.
The Seattle-based company this week announced its acquisition of Aero Parts Mart , which complements Jet Part Engineering's business of providing aviation engineering services and "PMAs," or parts approved by the Federal Aviation Administration. The FAA grants the PMA or Parts Manufacturer Approval designation to manufacturers of aviation parts that meet its quality standards.
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7 Ways Big Data Will Impact Ecommerce in 2020 | Practical Ecommerce
The rise of ecommerce has generated an avalanche of data, most of it unused. In 2020 and beyond, merchants will increasingly use the data to improve their businesses while also protecting consumer privacy.
As ecommerce grows, so does the data that is stored and used. Only a fraction of that data is utilized, however. But that will likely change, as data scientists are getting better at merging, standardizing, and analyzing.
Ecommerce to Transform Retail Landscape Quicker than Previously Expected
Consumer Power and Preference are Driving Innovation and Fundamentally Changing Role of Physical Store according to Edge by Ascential’s annual Future Retail Development Report
This shift will be most apparent among mass merchandise channels (comprised of online players), which are expected to account for 23 percent of all global chain retail sales in 2024, up from 17 percent today. Ecommerce will grow at a 12.5-percent CAGR during this period, compared with 4.3 percent for store-based retail.
Rabobank Estimates Companies Missing out on Billions in Alcohol Ecommerce Sales | Business Wire
"If they only look at current sales, industry executives will severely underestimate the value of their ecommerce opportunity," said Bourcard Nesin, a beverage analyst at Rabobank and author of the "2020 Alcohol Ecommerce Playbook" report. "There is no doubt consumers will move their beverage spending online. The question is whether beverage companies and retailers have the vision to invest proactively in their ecommerce capabilities."
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Competition Commission of India pitches for self-regulation of ecomm platforms - The Economic
Forever 21 turns to e-commerce after retail failures | The Drum
Fast fashion brand Forever 21 has announced its e-commerce strategy targeting consumers in Canada, Asia Pacific and Latin America.
The embattled millennial-focused brand filed for Chapter 11 bankruptcy protection in the US in 2019 and shut 350 of its 815 global stores . It blames substantial real-estate cost, and lagging innovation and sustainability efforts for the troubles it faced.
It has now tapped e-commerce specialist Global-e to work on an improved and localised e-commerce experience for international shoppers.
India's Ecommerce Industry Fastest Growing In the World: Report
Citing that India's ecommerce sector is growing at the fastest pace in the world, the Competition Commission of India (CCI), in its new report, estimated that the revenue from this segment will reach $120 Bn in 2020, growing at an annual rate of 51%. In 2017, the revenue from ecommerce segment stood at $39 Bn.
'The Market Study On Ecommerce In India' report , which was published on Wednesday (January 8), highlighted that the growth in the ecommerce sector is fueled by the increased penetration of smartphones as well as the internet in Tier 2 and Tier 3 cities.
'Ecommerce rose from the ashes in the 2010s' | Forbes India
Ecommerce has started seeing scale—every day there are 5 million product commerce orders and 3 million travel bookings
Image: Anuwar Ali Hazarika / Barcroft Media Via Getty Images
I am one of the few fortunate tech entrepreneurs to have been in the middle of the evolution of consumer internet and ecommerce in India: Right from the days of building Indiatimes Ecommerce and Google India in the early 2000s to founding successful travel ecommerce and payments (Goibibo, PayU)
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