Thursday, January 23, 2020

Shopify, the e-commerce company that’s coming for Amazon - Vox

Organizers recognized that it would be an event, and that it was going to need Shopify. The Canadian-born e-commerce platform has become one of the most influential players in online retail. Currently more than 1 million merchants around the globe use the company's technology to open their own digital storefronts and sell goods on the internet, creating a constellation of independent, and decentralized, stores (unlike marketplaces like eBay or Etsy).

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Publisher: Vox
Date: 2020-01-23T07:10:00-05:00
Author: Patrick Sisson
Twitter: @voxdotcom
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Not to change the topic here:

Ecommerce in the UK Surpassed 25% of Retail Sales During the 2019 Holiday Season,

Strong growth in online sales over the 2019 holiday season propelled the UK retail sector past a milestone. Ecommerce represented 28.2% of all holiday retail sales, surpassing the 25% mark for the first time. Total retail sales for the season amounted to £99.26 billion ($132.33 billion).

"Store closures are a big reason for shopper frustration and the subsequent shift to online as their preferred option," eMarketer vice president of forecasting Monica Peart said.

Publisher: eMarketer
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Ecommerce trends to watch in 2020

Here we are, at the start of a new decade. While we may not have felt any different waking up on Jan. 1, the beginning of 2020 signals an era of transition.

From ecommerce operations to consumer preferences, the retail industry will quickly need to become accustomed to change. Innovations in technology have helped improve fulfillment efficiency, which has led to a corresponding effect on consumer expectations. Yet, with global, political and financial uncertainties hanging in the balance, many in the retail industry are left wondering what's next.

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Publisher: Digital Commerce 360
Date: 2020-01-22T22:13:06 00:00
Twitter: @DigitalComm360
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Ecommerce in Germany worth EUR 72.6 bln in 2019 - ThePaypers

According to Ecommerce News Europe , one of the main developments driving the growth of the German online retail industry is a significant increase when it comes to order volume through mobile devices, thanks to shoppers ordering several times a week.

In Germany, nowadays, one in three orders is placed with the help of a smartphone or tablet, while five years ago the mobile share was just 20%, data from Bundesverband E-commerce und Versandhandel (Bevh) shows.

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Were you following this:

The incredible bulk: How Costco and Sam's Club compare in ecommerce

On the surface, Costco and Sam's Club appear to have similar business models: Charge membership fees that gives consumers access to low-priced bulk items from their warehouses. Online, however, their strategies couldn't be more different.

As the battle for ecommerce market share intensifies, Sam's Club, the warehouse club subsidiary of Walmart Inc., has poured money into infrastructure and technology to service consumers' ever-growing desire to have a quicker and more convenient online shopping experience. On the other hand, Costco continues to focus on driving the consumer to their physical stores, expecting ecommerce sales to materialize naturally over time.

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Publisher: Digital Commerce 360
Date: 2020-01-23T22:12:21 00:00
Twitter: @DigitalComm360
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Privy CMO on the Ecommerce Company’s Comeback and Building a Sustainable Business –

From running out of money to generating $2.5 billion in sales, the comeback story for ecommerce platform Privy is nothing short of impressive. Newly named CMO Dave Gerhardt and former vp, marketing, Drift has seen it all — having worked at Privy in 2014 when it had $1,000 left in the bank. Now, the company is harnessing the rapid rise of smaller, DTC companies with clients like Leesa Mattress and popular jewelry brand Mejuri to reinvent its business model.

Publisher: Inside the Brand
Twitter: @Brandweek
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GUEST COMMENT Anticipate unrest: getting your eCommerce platform Brexit ready - Guest Comment -

Couple this with the closure of several prominent brands such as Mothercare and Forever 21, there’s no wonder that retailers are feeling the burden of consumer uncertainty and the growing need to adapt to changing environments.

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Last year, there was a noted reluctance by businesses to make large-scale long-term technology investments. Recent reports have revealed that the UK falls behind when it comes to investing in new technologies. In 2019, businesses reduced or deferred any major project spend in IT and digital , mostly due to the uncertainty of Brexit.

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Publisher: InternetRetailing
Twitter: @etail
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Grocery Sector Outpaces Ecommerce in Major Warehouse Lease Deals

Fueled by continued growth in e-grocery and the sector overall, food and beverage saw more growth in terms of major warehouse leases in 2019 than did ecommerce, which slipped a bit, according to a report from CBRE on the 100 largest deals of the year.

In 2019, there were 13 warehouse leases totaling 13 million square feet in CBRE's top 100 for food and beverage, which is largely made up of cold storage space as well as food processing, compared to 9 leases totaling 8.8 million square feet in 2018. By comparison, there were 34 deals for ecommerce fulfillment and distribution centers totaling 30.8 million square feet, down from 41 and 43.1 million square feet the prior year.

Publisher: Multichannel Merchant
Date: 2020-01-23T12:30:02-05:00
Author:
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