As online merchants have gained sharp increases in sales during the pandemic, manufacturers that supply them with packaging materials and envelopes are also reaping benefits amid their own market pressures caused by the coronavirus.
Packaging supplies manufacturer Interstate Polymer Group Inc., based in Montreal and Sarasota, Florida, yesterday reported a 9.4% drop in revenue to $267.8 million for the second quarter ended June 30. It attributed the drop to a decline in overall order volume and lower prices, "primarily due to the next impact of COVID-19 on demand."
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eCommerce Business SEO Content Marketing, Video & Media Full Service Launches
VAUGHAN, Ontario , Aug. 14, 2020 /PRNewswire/ -- Press release distribution service and content marketing firm, prREACH, is pleased to announce the launch of its newest offering, a full service content marketing system for eCommerce and local businesses. Consisting of both video and written content, the company's new Brand Builder Program is designed to help businesses improve online visibility while gaining substantial media exposure.
Jumia Encounters New eCommerce Rivals In Africa | PYMNTS.com
As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and transportation space in Africa.
Investors in Jumia have gone through a dramatic journey as of the company's stock introduction in the U.S. in 2019. Ongoing losses, among other difficulties, has led to a decline in stock price at first. However, COVID-19 assisted in powering an increase in market value this year, with a recent 30 percent drop in shares following Q2 earnings.
Five data driven hacks to develop an effective ecommerce strategy - ClickZ
On the one hand, we witness how brick-and-mortar retail moves to an ecommerce model. Amazon stock is high as never before , Wayfair revenue grew 20% and Alibaba had 22% sales YoY growth during the three month lockdown in China.
At the same time we see how many of them are closed due to supply chain disruptions, inability to withstand the increased competition, and accept the new rules of the game.
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Digital Silk's eCommerce Experts Compare Three Leading Platforms | MarTech Cube
Worldwide retail eCommerce sales amounted to $3.53 trillion in 2019, with most of these transactions happening in the e-stores powered by three leading platforms: Magento, Shopify and WooCommerce.
ECommerce experts at Digital Silk, a global digital agency, evaluated the capabilities of each of the leading eCommerce platforms to help brands identify the right one for their business.
Guiding Firms Through The eCommerce Revolution | PYMNTS.com
The eCommerce landscape is shifting on multiple fronts, with sellers embracing digital channels and adjusting their business models to a new reality of customer demands.
Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies.
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While the migration of sales workflows from in-store to online hasn't historically relied on guidance or input from the treasury department for a successful shift, in today's demanding market, treasurers are in a position to play a far more strategic role in guiding their organizations as they manage new and changing payment flows.
Logistics in Ecommerce-Era - Global Trade Magazine
Plans of business expansions and holiday vacations have been shattered and ruined by the pandemic. Memories of Christmas dinner and going to the local store without precautions are engrained in our minds. The world's behavior has shifted to adapt to the consequences of a pandemic .
As one of the oldest and largest industries, logistics is predominantly owned and operated by the older generation who has operated businesses with the same routine and procedures. Many logistics companies are still practicing the traditional method of doing business, with back and forth communication to negotiate and coordinate detailed requirements. However, consumers in ecommerce era are now demanding faster decision-making and transparency.
5 Key Strategies to Grow Your B2B eCommerce Business
In the land of B2B, the buyer mindset is changing. More and more buyers are researching online and prefer online purchasing that gives them the same consumer-like experiences they enjoy on B2C sites like Amazon.
When it comes to numbers, global B2B online sales have been astonishing. In 2018, it amounted to $1 trillion and it's only going to increase.
The only way to keep up with the growth is to accept the challenges out there and get ready to bring on the change. If you haven't yet created a B2B eCommerce Strategy, it's high time you do it now.
Happening on Twitter
This might be the nicest pizza packaging I have ever seen as it's sustainable & recyclable https://t.co/g6k3DOCpFl JemilahMahmood (from Kuala Lumpur Federal Territory) Fri Aug 14 00:23:20 +0000 2020
Traces of coronavirus found in frozen chicken wings, shrimp packaging in China https://t.co/Vkbmobuevs https://t.co/TNL8P0kYwF globalnews Thu Aug 13 13:33:07 +0000 2020
China reported several cases of frozen food packaging contaminated with the novel coronavirus this week, while New… https://t.co/EaGmGjEpBW Reuters (from Around the world) Thu Aug 13 15:59:05 +0000 2020
#WHO downplayed the danger of #coronavirus latching on to food packaging and urged people not to be afraid of the v… https://t.co/jCBLIAu7D0 DDNewslive (from New Delhi, India) Fri Aug 14 06:52:05 +0000 2020
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