Saddled with a website that was simply an electronic catalog with no shopping cart and lacking the technology to set up satellite stores on digital marketplaces, Semi Source Inc., a worldwide wholesale distributor of electronic components, realized it was at risk of falling behind its online competitors unless it committed to making ecommerce a priority.
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"To provide a more customer-centric ecommerce experience, we knew we had to bring our website deeper into the 21 st century," says Ali Lund, head of ecommerce for Semi Source. "There were some areas where we were falling behind."
Quite a lot has been going on:
Ecommerce Product Releases: January 31, 2020 | Practical Ecommerce
Here is a list of product releases and updates for late-January from companies that offer services to online merchants. There are updates on shipping, visual search, augmented reality in shopping, order management, and headless ecommerce applications.
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FedEx Ground now delivers residential packages on Sunday, year-round . FedEx announced that FedEx Ground has officially started delivering FedEx Home Delivery packages on Sunday for most of the U.S., to serve the ecommerce market better. Delivering residential packages on Sunday speeds up most deliveries by one or two days, which especially helps shippers and consumers of healthcare and perishable goods.
Challenges In E commerce Sector For SMEs-Saahil Goel - BW Businessworld
The reason behind the eCommerce sector's enormous success is attributed to the fact that it comes across as the fastest and most effective for retail purchases. It extends a win-win situation to everyone including both customers and businesses. However, SMEs are currently facing a number of challenges in this rapidly rising market segment. Let us have a look at some of them and how they can be resolved effectively:
An introduction to ecommerce platforms for marketers
The starting point for understanding best practice in platforms is understanding the wider ecosystem in which the ecommerce platform operates.
Mapping business processes, technical requirements, market opportunity and operational realities to create an end-to-end ecommerce capability helps the marketer develop an understanding of the flows of data, content and payments.
In case you are keeping track:
How Coronavirus Could Impact Global eCommerce?
At first glance global events can seem to have a positive impact on global eCommerce. Just like when a hurricane threatens mainland USA the local state affected will enter panic buy mode and stock up on their provisions.
Then if people are quarantined or on ‘lock down’ many will turn to some retail therapy in order to make themselves feel better. It is well known in the eCommerce industry that when people are forced to stay inside, online sales go up.
ManoMano raises $139 million for its home improvement e-commerce platform – TechCrunch
General Atlantic, Eurazeo, Piton Capital, Bpifrance and Kismet Holdings are also participating. The company announced another significant funding round back in April 2019. At the time, ManoMano raised $125 million (€110 million). Overall, ManoMano has raised $344 million (€310 million) over the past six years.
In 2019 alone, the company grew by 50%, with $666 million (€600 million) in gross merchandise value. While the company is still mostly active in France, its other markets (Spain, Italy, Germany and the U.K.) now represent a third of sales figures.
TDS: E-commerce cos to collect 1% TDS from sellers under new levy - The Economic Times
CBDT notifies TDS certificate to be issued by individuals deducting tax on payments to contractors
11 Key Metrics to Evaluate Potential Marketplaces | Practical Ecommerce
There are dozens of worthwhile marketplaces worldwide. Amazon, Walmart, eBay, and Etsy are examples. But each marketplace has unique fees, commissions, and overall rules. Competition can greatly vary. Thus determining which marketplaces fit a merchant’s products and audience can be a challenge.
What follows are tips for using data to identify (and optimize) marketplaces to sell your products.
Profit margin per marketplace. Each marketplace has its own costs and shipping margins. Knowing your profit margin for each marketplace can help establish a priority as to where to sell products.
Happening on Twitter
A Tesla works as a boat for short periods of time, as an electric car has no air intake or exhaust to block & batte… https://t.co/8ZPd8iQIPr elonmusk Sat Jan 25 21:02:53 +0000 2020
New: Schumer's office has provided tickets to tomorrow's Senatw trial proceedings to Lev Parnas and two of his lawy… https://t.co/IWSLncFFYi woodruffbets (from Washington, DC) Tue Jan 28 22:33:15 +0000 2020
Pics: Lev Parnas takes a phone call in the Russell building. Parnas cannot watch the Senate impeachment trial from… https://t.co/pi6ZHCszXb frankthorp (from Washington, DC) Wed Jan 29 18:06:20 +0000 2020
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