Fastenal Co., a wholesale distributor of industrial and construction supplies, reported solid first-quarter increases of more than 20% in ecommerce. Plus, overall safety product sales helped drive a 4.4% increase in total sales to $1.37 billion.
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But when factoring in other sales that Fastenal also considers ecommerce, including sales through its internet-connected vending machines at customer locations and vendor-managed inventory programs, Fastenal figures ecommerce sales are now at 35% of total sales, or $478.45 million, in the first quarter.
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Coronavirus: Availability Of Essentials Via E-Commerce Gets Better
With the countrywide lockdown extended due to the Coronavirus outbreak, ecommerce companies delivering essential products continue to face unprecedented demand. While the sudden announcement of the lockdown and confusion amidst authorities had disrupted major parts of the supply chain, with time, things seem to be getting better, according to a recent survey by community platform Local Circles.
The survey, conducted on April 13 and April 14, found that 57 per cent consumers were able to find most essential goods via online delivery firms in the preceding 48 hours. It received more than 16,000 responses from consumers in over 180 districts of India.
ManyChat Acquires eCommerce Analytics Tracking Company, Converlytics
ManyChat users now have the ability to quantify Facebook Messenger and Shopify marketing campaigns
“The single biggest industry using ManyChat is eCommerce, and analytics is at the heart of everything an eCommerce marketer does,” said ManyChat co-founder and CEO Mike Yan . “The acquisition will allow ManyChat to bring our eCommerce customers the robust analytics they need to run smart omni-channel campaigns that maximize return on advertising spends.”
Chinese eCommerce blockchain lab to foster trust among retailers | Cryptopolitan
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Maharshtra, Rajasthan, Others Allow All Ecommerce Sales From April 20
While the government had imposed severe restrictions on ecommerce in the first phase of the lockdown, the ministry of home affairs (MHA) has now permitted the delivery of non-essentials after April 20.
In response to MHA's response, Maharashtra, Rajasthan, Tamil Nadu and Odisha have now issued notifications to enable ecommerce delivery of both essential and non-essential items after April 20.
FreedomPay Integrates with Google Pay to Support Next Level eCommerce Payments
New integration enables FreedomPay to offer Google Pay across all its eCommerce solutions, providing seamless payments in a merchant’s app, website, and in-store
“With the use of mobile and online payments continuing to rise, consumers shopping on the thousands of merchants operating on FreedomPay’s global commerce platform will now be able to purchase seamlessly by using Google Pay,” said Steve Klebe , Business Development at Google. “Together, Google Pay and FreedomPay will raise the bar for merchants and customers with even greater variety, flexibility and functionality.”
The Top eCommerce Companies for Small Businesses, According to eCommerce Development Rating
46% of American small businesses still don't have a website, despite consumers spending $601.75 billion online with U.S. merchants in 2019. ECommerceCompanies.com determined the best eCommerce companies that specialize in conceptualizing, designing, building, enhancing or revamping online stores for small businesses.
NEW YORK , April 16, 2020 /PRNewswire-PRWeb/ -- 46% of American small businesses still don't have a website, despite consumers spending $601.75 billion online with U.S. merchants in 2019.
Why Offline-To-Online Will Be The Future OF Ecommerce In India
Vijay Shekhar Sharma said that ecommerce 2.0 will be about retail stores creating a digital presence
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In the last decade, ecommerce has evolved to the next level. Concepts like social commerce and video commerce gained prominence in Tier 2 and Tier 3 cities, while heavyweights Flipkart and Amazon attracted users with heavy discounts on the platform.
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