The pandemic has brought out the best in many B2B service providers looking to help their business customers that struggle amid market volatility. Yet many of those service providers faced immense challenges themselves.
The result was a new program to help migrate businesses from an offline environment to an online one. It involved a lot of educational initiatives, creative business model thinking, and for some companies, an entirely new approach to bookkeeping and financial management. Yet as more organizations embrace the eCommerce shift, the growing pains of these changes will ease into preparedness for the future.
Quite a lot has been going on:
DPW Holdings Announces Ecommerce Business, ItsLikeFashion.com, Completes Beta Testing for Brand
NEWPORT BEACH, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company ("DPW," or the "Company"), announced today that its subsidiary, It'sLikeFashion.com, Inc. (" It ' sLikeFashion ") https://www.ItsLikeFashion.com , a membership-only Ecommerce business, has successfully completed beta testing of its online platform. The Company stated it anticipates reporting revenue from It'sLikeFashion in the fourth quarter of 2020.
TrueCommerce Netalogue wins two UK eCommerce Awards for its work with Matthew Clark
COVENTRY, United Kingdom, Sept. 21, 2020 (GLOBE NEWSWIRE) -- TrueCommerce Netalogue announced today that it received two awards at the eCommerce Awards 2020 alongside its client, Matthew Clark, the leading drinks wholesaler.
After being shortlisted for four awards at the ceremony, TrueCommerce Netalogue beat off competition to win 'B2B eCommerce Website of the Year' and 'Food and Drink eCommerce Website of the Year' alongside Matthew Clark.
Covid-19 Is Driving Some Brands to DTC | Practical Ecommerce
The coronavirus pandemic has accelerated the pace of digital transformation in retail, prompting some brands to focus on direct-to-consumer channels.
The retail and wholesale industries have long been undergoing an evolution toward ecommerce, digital brands, and DTC sales. But Covid-19 changed retail abruptly, forcing retailers and brands to make significant changes in their business models years ahead of when they might otherwise have planned.
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World Retail Congress: how to accelerate eCommerce - Essential Retail
For Dutch-Belgian grocer Ahold Delhaiz , online food sales had already increased rapidly prior to the pandemic. “We were already doing about $4.5bn in eCommerce last year and our ambition was to get to about $7bn next year but will now probably hit that mark by the end of this year,” chief digital officer Farhan Siddiq told delegates at World Retail Congress Connected.
The company has 6,500 stores in 10 countries. Despite remaining open during the pandemic, the proportion of consumers using online for the first time rose by 30%.
Shopee launches programme for media agencies to help brands with e-commerce | The Drum
Singaporean e-commerce platform Shopee has launched the Shopee Media Agencies Partner (Smap) programme with five of the big network agencies.
The aim of the programme is to empower Dentsu Aegis Network, Omnicom Media Group, Publicis Groupe, Havas Group and Mediabrands with the e-commerce knowledge and skills they need to help brands and sellers scale and succeed online.
It will cover all seven markets that Shopee operates in, offering local and international brands the opportunity to scale their reach.
What’s next for ecommerce in Level 1? – Gadget
While the hard lockdown saw e-commerce activity skyrocket to unprecedented levels, trade volumes in brick and mortar stores have already started to see a pick-up during the previous shift down to Level Two. As restrictions ease further off the back of last night's announcement, questions have been raised as to whether the spike in e-commerce activity will wane and what the future holds for the sector.
Based on international market trends, Matthew Leighton, spokesperson from OneDayOnly.co.za , believes that continued growth is inevitable.
Business-to-Business eCommerce Market Statistics and Research Analysis Released in Latest
Business-to-Business eCommerce Market research report provides various levels of analysis such as industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the Business-to-Business eCommerce market; high-growth regions; and market drivers, restraints, challenges, and opportunities.
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