Costco Wholesale Corp. reported on Thursday (Sept. 24) that its eCommerce sales spiked 90.6 percent in its fourth quarter.
The wholesale club also reported an increase in U.S. comp sales of 11 percent, a rise in Canada comp sales of 9.1 percent and a bump in other international comp sales of 16.1 percent in Q4.
"We've enjoyed strong sales results during the June, July and August timeframe," Costco Executive Vice President, Chief Financial Officer and Director Richard A. Galanti said in a call with analysts.
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Ecommerce: The Essential Components Your Site Needs to Turn Visitors Into Buying Customers
There’s no shortage of articles on the web of how to attract more website traffic , and while a strong SEO strategy truly is essential, it’s too easy to overlook what it is that keeps people coming back. After all, your business would prefer regular visitors to its website rather than someone who visits once and never again, right? (Of course, you would!)
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Long story short, if customers don’t have a pleasant experience on your website and find it to be of value, they won’t give you their business. Which is why entrepreneurs and business owners should be asking themselves: “What’s my website offering to the customer?
How the Acceleration to Ecommerce Has Changed Crocs' Short- and Long-Term Plans - eMarketer
Retailers have experienced an ecommerce boost over the past few months, as a result of the pandemic and the overall change in consumer shopping behavior.
We recently spoke with Dan Marques, vice president of global digital marketing for growth and analytics at Crocs, about the shift to ecommerce and how the brand is working to engage new and existing customers.
Major Tom wins eCommerce gold at Canadian Search Awards | MarTech Cube
Adaptability is the theme of 2020. As the COVID-19 crisis continues to affect global markets, many businesses are adjusting their strategies to adapt to this new reality. ECommerce and digital sales have become more important than ever and thriving in a post-COVID era means data, drive, and a whole lot of determination.
As a digital agency, Major Tom has dedicated most of this year to supporting clients, coworkers, and industry partners as they shift their businesses online. Finding creative ways of using data and innovating the way we look at online sales has been a crucial element in ensuring these businesses continue to succeed.
Quite a lot has been going on:
Ecommerce Powers Consumer Electronics Sales - eMarketer Trends, Forecasts & Statistics
Amid 2020's grim retail environment, ecommerce stands out as a bright spot. By now, the story is well known: US buyers have turned to online retailers like Amazon and Walmart in record numbers, mostly to avoid shopping in crowded places or because their local stores were closed.
We forecast that retail ecommerce sales in the US will reach $709.78 billion this year, up 18.0% from 2019.
Holiday Nerves: Ecommerce Brands Are Less Optimistic Than Last Year 09/24/2020
A fourth expect lower revenue this year, and a third are opting out of peak-season marketing activities. Last year, those percentages were negligible.
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By September 2019, 70% had started their peak-season planning. That has fallen to 40% this year. And 30% are doing no planning.
Yieldify conducted this two-part survey in August with 400 ecommerce leaders and 2000 consumers in the United States and the United Kingdom.
E-commerce platform Whitebox raises $18M – TechCrunch
Whitebox , a startup that manages e-commerce logistics and fulfillment for a variety of brands, has raised $18 million in Series B funding.
“We really saw an opportunity for a platform that could both sell stuff and move stuff,” Startzel said.
And of course, this is happening as e-commerce has become increasingly important during the pandemic. Startzel suggested that initially, Whitebox’s ideal customer was a “challenger brand” whose business was mostly coming from Shopify, and who needed help as it expanded to Amazon and other marketplaces. But increasingly, the startup is also working with more traditional customers.
Embrace Ecommerce with Exceptional Online Inventory | INSTOREMAG.COM
(PRESS RELEASE) Online sales represent over 15 percent of all retail jewelry sales each year — and that figure is climbing. An increasing number of shoppers may never make it to your store if they don't first encounter you online. And unfortunately, they're easily lured by "discount" internet prices because they don't understand the nuances of diamond quality.
To compete and thrive in the digital age, you must not only reach customers online, but also educate them on the value and benefits of buying from you. Independent jewelers now have a simple and powerful way to do just that — while gaining a massive whitelabeled loose diamond inventory with their own branding and markups.
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