Thursday, February 27, 2020

Shogun Raises $10M to Help Ecommerce Brands Battle Amazon

Shogun, a drag-and-drop ecommerce website builder, has raised $10 million in Series A funding led by Initialized Capital, VMG Partners and Y Combinator to expand its Page Builder platform and launch a new product that helps sellers compete with Amazon and transition to headless commerce.

Shogun Page Builder integrates with Shopify, BigCommerce, Magento and Salesforce. Its ecommerce CMS software enables brands to quickly develop new landing pages without code, make adjustments to sales funnels and design digital stores, without compromising all-important page speed .

Publisher: Multichannel Merchant
Date: 2020-02-27T10:59:33-05:00
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Digital Wallets to Represent Half of Global eCommerce Sales by 2023, According to 5th Annual

The Worldpay 2020 Global Payments Report indicates that even as global eCommerce continues to grow to an estimated $5.9 trillion by 2023, the marketplace is rapidly changing as digital and mobile wallets transform consumer behaviors online. Many diverse factors are driving this change, including the urbanization of emerging economies, widescale technological adoption, the increasing spending power of Generation Z consumers, and the rise of social commerce.

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Publisher: Benzinga
Twitter: @benzinga
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Why 2020 is the year of cross-border ecommerce in Japan - ThePaypers

Japan is the world’s third-biggest economy . Its GDP per capita is just under USD 40,000, according to GDP per capita (current USD) - Japan, World. The World Bank. That’s almost four times the global average. The average Japanese consumer spends USD 1,666 a year with ecommerce merchants. And the Japanese ecommerce market, already worth over USD 160 billion, is growing by an impressive 9% a year, according to internal PPRO research.

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Lowe's Goes For Major eCommerce Makeover | PYMNTS.com

When its website crashed for a few hours on Black Friday 2019, that was just the latest online disappointment for home improvement titan Lowe's . For all of its good qualities, the site has been a bit of a thorn in the side of CEO Marvin Ellison, consistently underperforming against rivals.

In at least two earnings calls with analysts since the second half of 2019, Ellison has spoken candidly about having "underestimated the level of complexity" of creating an engaging eCommerce experience that converts at the levels of competitors like Home Depot .

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Publisher: PYMNTS.com
Date: 2020-02-27T20:58:11Z
Twitter: @pymnts
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As revenue dips, Office Depot invests in B2B and ecommerce

Office Depot Inc. came off a challenging fiscal fourth quarter, with total net sales down year over year by 6% for the quarter and 3% for the full year ended Dec. 28.

But the company is looking toward better performance in 2020 as it builds on its strength in selling products and services in tailored offerings to businesses, schools, healthcare organizations and government agencies through both online and offline via its Business Solutions Division , which provides products and procurement services tailored to customers, and its CompuCom technology services division.

Publisher: Digital Commerce 360
Date: 2020-02-26T21:00:43 00:00
Twitter: @DigitalComm360
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3 Privacy Compliance Priorities for Manufacturers in Ecommerce - Global Trade Magazine

Manufacturing leaders aren't exactly diving into the world of ecommerce headfirst . Instead, they're cautiously dipping one toe at a time into the waters. Several things keep them from going "all in," so to speak, but one of the most serious is compliance with privacy regulations.

In June 2018 , California's governor signed the California Consumer Privacy Act into law. This year, the law officially went into effect. Under the CCPA , companies must notify users if they intend to monetize their data and give them the option to opt-out.

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Publisher: Global Trade Magazine
Date: 2020-02-27T06:58:35 00:00
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GenAlpha is Chosen by Kalyn Siebert to Implement Equip eCommerce Solution

GenAlpha Technologies, LLC was chosen by Kalyn Siebert, to implement an eCommerce solution for their existing parts and service operation. Kalyn Siebert selected GenAlpha and their Equip eCommerce product to meet the growing needs of online shoppers.

GenAlpha will implement their Equip eCommerce product for Kalyn Siebert, allowing streamlined access to product pricing—providing a world-class eCommerce presence. The eCommerce presence created by the partnership has the potential to add tremendous growth to Kalyn Siebert and provide their customers optimal functionality in parts acquisition.

Date: A9862C0E6E1BE95BCE0BF3D0298FD58B
Twitter: @YahooFinance
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Walmart Takes Aim At Amazon Prime With Walmart+ | PYMNTS.com

Walmart, in a bid to stem eCommerce losses and compete more directly with Amazon, is working on a new endeavor called Walmart+ to compete with Prime, according to a report by CNBC .

Walmart could start testing the new program as soon as March. The news was first reported by Vox , and while a Walmart spokesperson confirmed the new initiative was called Walmart+, they didn't offer any further details.

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Publisher: PYMNTS.com
Date: 2020-02-27T21:05:39Z
Twitter: @pymnts
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