Not to change the topic here:
ChannelAdvisor stock jumps as COVID-19 drives more ecommerce; chart tracks online buying surge |
MORRISVILLE – Shares in global ecommerce services provider ChannelAdvisor surged Thursday morning after the company reported a profit and growth in revenue year-over-year with COVID-19 helping drive more online sales for its clients.
ECOM climbed more than 70 cents to $11.11 shortly after the earnings report. That’s still short of its 52-week high ($11.88) but well above its low in the same time period ($4.39).
New Profitero CEO Bryan Wiener On Winning The New Normal In Ecommerce | AdExchanger– AdExchanger
Wiener and Hofstetter were the CEO and president, respectively, of the agency 360i, which was acquired by Dentsu. Later, they both took up similar positions at the measurement firm Comscore, before abruptly quitting last year over disputes with the rest of the board.
While advising brands and PE firms, they came in contact with Profitero, Wiener said. The PE firm they were working with didn't end up investing in the startup, he said, but they met many people in the company and its clients, and were excited about the prospect of leading a startup in a growth category like ecommerce and retail data.
Amid Covid-19, Amazon's Q1 2020 Earnings Confirm Ecommerce Dominance | Practical Ecommerce
On April 30 Amazon announced its 2020 first-quarter results. As anticipated, total earnings for the three months ended March 31 were exceptionally strong — about $33 million an hour in sales.
Revenue increased, but net income decreased year-over-year, with the company attributing that drop to increased product acquisition costs and soaring shipping costs. Fulfillment costs rose by more than 34 percent year-over-year to $11.5 billion, and cost of sales grew by 30.5 percent to $44.3 billion.
Other things to check out:
Analysis: How eCommerce platforms are combating the rising level of scams
The Singapore Police Force (SPF) has reported earlier this week that at least SG$41.3 million lost to scammers in the first three months this year. Among the cases reported, eCommerce scams ranked first with 1,159 cases, which was 116.2% increase when compared to the same period in 2019. According to SPF, at least SG$1.3 million was cheated from January to March 2020, with the largest sum cheated in a single case being SG$175,000.
Yotpo Fast-Tracks Product Innovation for eCommerce | MarTech Cube
High-Growth Women’s Healthcare Brand, Lauren Bosworth’s Love Wellness, Sees Instant ROI with SMSBump by Yotpo
Yotpo, the leading eCommerce marketing platform , has announced that, in light of a recent consumer survey conducted in April 2020 , consumer use of mobile commerce has accelerated to position SMS as the best channel for brands to drive engagement and sales.
A recent online survey conducted by Yotpo indicates that consumer behaviors have shifted significantly, accelerating mobile-first eCommerce for a far wider range of consumers than ever before. This presents a new opportunity for brands and consumers to establish and grow their relationships through a relatively untapped channel. During the month of April:
7 things you can learn when you listen to ecommerce podcasts
Podcasts have become an increasingly popular form of sharing content in the 21st century, delivering personal and top-quality content to consumers.
One of the popular topics covered on podcasts is ecommerce, which is the art of trading digitally through online shopping mediums. A lot is changing in the world of ecommerce and factors like Covid 19 are forcing many businesses to consider ecommerce like never before. A recently launched podcast on ecommerce that is worth listening to is the ‘Hammersley Brothers Ecommerce Podcast’ which has fresh content, and you can listen to it here available on smartebusiness .
Provide level playing field to e-commerce companies in red zone: IAMAI - Times of India
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