Thursday, October 8, 2020

5 Things to Know Before Launching An Ecommerce Business

Maximize your resources on providing quality user experience (UX). With new features rolling out periodically on social and other platforms, consumers are creating new online buying habits. A constant UX maintenance is a must.

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Since March, stay-at-home orders have been on the rise, and so has social buying. Consumers discuss products on forum sites and vouch for services to their social followers.

Connect with fans on social channels to encourage social buying and diversify your storefronts. Fans will discover your business and make a purchase on social, sometimes without even visiting your shop at all. 

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Publisher: Entrepreneur
Date: 2020-10-08T16:30:00Z
Author: Kumar Arora
Twitter: @Entrepreneur
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In case you are keeping track:

Shogun Raises $35M to Scale Rapidly Growing E-Commerce Experience Platform

Several prominent individual investors also participated in the round, including Bryant Chou (CTO at Webflow), Mark Lavelle and Mark Lenhard (former CEO and SVP of Strategy at Magento, respectively), Alex O’Byrne (CEO of We Make Websites, a leading Shopify agency), Brian Grady (CEO of Gorilla Group, a leading Magento agency), and Romain Lapeyre (CEO of Gorgias).

Consumers and merchants are flocking to e-commerce amid the COVID-19 pandemic, fueling $94 billion in extra online spending since March. Shogun’s no-code solution has seen surging demand in recent months, with thousands of new customers and sales driven by the Shogun platform growing 182% YoY.

Publisher: MarTech Series
Date: 2020-10-07T17:10:01 05:30
Twitter: @MarTechSeries
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Point Pickup Raises $30M to Meet Growing Demand for Enterprise eCommerce Final-Mile Delivery

Consumer Demand via Clients Walmart, Kroger, Albertsons, Giant Eagle & Fresh Direct Drives Point Pickup's 6x Delivery Growth Rate

"Point Pickup's unique market position and impressive growth are exactly what we look for in a company," said Jeffrey Price, Sr. Vice President of Brown Brothers Harriman & Co. and Co-Manager of CP Opportunities Fund.  "Point Pickup is well positioned to take advantage of the significant uptick we're seeing in the final-mile delivery market."

Twitter: @Yahoo
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Havas Ups Its Game In Ecommerce With New 'Market' Offering 10/08/2020

The reason? They didn’t say this, but the reason is every media agency that wants to remain competitive in this day and age has to up its game in the ecommerce department. It’s no secret that ecommerce sales are soaring during the pandemic, so it’s a no-brainer for brands and agencies to spruce up their capabilities in that space.

Jess Richards, executive vice president/managing director, commerce, will lead the new offering in North America. Previously, she served as the agency’s head of social and is credited with growing that practice in NA by leaps and bounds over the past five years.

Twitter: @mediapost
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Were you following this:

World Bank's technical, financial support sought for ecommerce
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Twitter: @thenews_intl
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AllSaints appoints global head of eCommerce - Essential Retail

Randa Crebbin has taken on the role, following a year in an interim director of eCommerce role at Decker Brands . Prior to that she spent 12 months as an interim global head of eCommerce at La Perla .

Her experience in digital leadership roles also includes head of eCommerce roles at the retailers  Crabtree & Evelyn and Joseph .

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“My job is to look after the digital department, ensuring we are doing our bit in helping to propel the business forward. We will be doing that by working very closely with all other departments at AllSaints to ensure we are front of mind of our customers and giving them the best experience in their interactions with us.”

Publisher: Essential Retail
Date: 2020-10-08T10:54:00
Author: Ben Sillitoe
Twitter: @EssRetail
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Safex: Blockchain Engine for eCommerce Stores

Safex is an open-source, privacy-based decentralized marketplace, which utilizes contemporary crypto and blockchain technology to enhance the eCommerce marketplace for both buyers and sellers .

Through time, we have seen the marketplace go from simple bartering to a currency economy, from simple markets to brick and mortar stores and then on to a digitized marketplace via the eCommerce revolution.

Publisher: Blockonomi
Date: 2020-10-08T09:33:26 00:00
Twitter: @blockonomi
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Ecommerce platform Clearbanc injects £500m into British startups : CityAM

Ecommerce investor Clearbanc has announced its plans to invest £500m into British SMEs over the next year as part of its UK launch. 

The alternative capital platform, founded by Canadian Dragons' Den star Michele Romanow, will use its AI platform to invest in British online startups to help with future growth.

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Clearbanc has already invested £30m in British startups during its beta stage, and more than $1bn into over 3,000 startups globally.

Publisher: CityAM
Date: 2020-10-07T23:01:05 00:00
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