The HSBC Open Payments application will let businesses connect their checkout pages with the customers' online apps or app-based mobile platform. Then the purchaser is given a request for pre-populated payments, and upon authorization, an "instant and irrevocable credit" is applied to the seller's account.
The faster payment receipt is meant to help clients get better working capital, the press release said. In addition, the risk of fraud is less, as is the cost of collecting payments.
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Interview with Kyle Dayne, CEO at eCommerce Platform SalesSource - TechRound
SaleSource is an ecommerce platform designed to help aspiring business owners to start online businesses. The goal is to make dropshipping simple, research their suppliers and competitors and find better products to sell, all in one place.
Just do it. Don’t worry about being perfect. Expect to fail and get back again.
The future of SaleSource is bright, starting with dropshipping we are building a general tool for selling online, making ecommerce more accessible for everyone.
Ecommerce sales touch $8.3B during festive season; reports 65pc growth: report
The just-concluded festive season turned out to be very positive for the Indian ecommerce industry, which includes the likes of Flipkart and Amazon, recorded around 65 percent growth as compared to the previous year.
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According to a new report published by consulting firm RedSeer's, the gross ecommerce sales, starting from mid-October till November, touched $8.3 billion as compared to $5 billion in 2019.
Jumia can be Africa's Amazon by enabling third party e-commerce — Quartz
Back in 2012 when it first launched, Jumia's long-term goal was to become the leading e-commerce player on the continent.
It set about that objective like typical e-commerce platforms do: acquiring vast inventory, building warehouses, and aiming to drive online sales based on the promise of ease and convenience.
Indeed, one of the company's first steps was to hire account managers in charge of growing its inventory base across a diverse range of categories, from mobile phones and electronics to fashion, beauty and childcare. If customers wanted to buy it, Jumia—often referred to as the Amazon of Africa—wanted to be able to sell it. It was similar to the way Amazon itself started first with books and CDs and then eventually an Amazon of nearly everything.
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These stocks will be the big winners from likely record e-commerce holiday sales, Jefferies says
With Covid-19 cases soaring around the Black Friday shopping holiday, Jefferies expects online stores to take center stage, with a few companies emerging as big winners.
The Wall Street firm is forecasting a record holiday for e-commerce, with sales growth of 33%, an 18% jump since last year.
"We expect a surge in COVID cases to drive strong e-commerce sales this holiday season, with over 50% of consumers planning to spend more online according to our proprietary survey," Jefferies retail analyst Brent Thill told clients.
Ecommerce Assistant job with Roland Mouret | 150248
Please kindly read the requirements for the job before applying. Please apply through this advert, please don't apply directly.
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The E-Commerce Assistant will support the Head of Digital & E-Commerce in all duties regarding to the online flagship store, ensuring campaigns are launched effectively with a view of reaching the targets and KPI's set by the brand.
They will also be responsible for content and CMS changes to the Roland Mouret website. The candidate will work in unison with the Head of Digital and Marketing team in order to executive the brand stories digitally. Using the ESP they will build campaigns inline with the brand messaging and then monitor and analyse the performance of these campaigns. Working flexibly in a fast-paced environment, they will work across multiple departments, direct marketing, creative visual and PR.
US Holiday Ecommerce Sales Will Surge 35.8% to $190.47 Billion, Offsetting Brick-and-Mortar
Retailers are bracing for a softer holiday season due to the pandemic. They will see, however, a major shift to ecommerce this holiday season. US consumers will spend $190.47 billion this year on holiday ecommerce purchases, up 35.8% and representing an incremental $50 billion in sales versus 2019. In-store holiday sales will decline by 4.7% to $822.79 million.
The Cyber Five promotional period—Thanksgiving Day through Cyber Monday—will continue gaining share of the total holiday ecommerce pie, rising slightly this year to capture 20.5%. We forecast that Cyber Five ecommerce sales in the US will bring in $39.10 billion in 2020, up 39.6% from 2019.
You've made the e-commerce pivot – now what? | The Drum
Covid-19 has forced many businesses to pivot to e-commerce in order to survive. But as we face the prospect of 2021 still under the shadow of the pandemic, what comes next? Where do we find opportunities to grow? How can we plan for growth in the context of such an uncertain future?
As part of The Drum's recent Digital Summit, and in partnership with WP Engine, US editor Kenneth Hein recently hosted an online panel addressing these questions and more.
Kicking off the discussion, Shah explained how Feather's entire business model is based on the idea of human behaviour pivoting to a new relationship with 'ownership'. She said: "Furniture rental is a relatively new behaviour, for sure, but it's a behaviour that we are betting on. In some ways, Covid has helped us. There's been a lot of home moving activity because of the pandemic. The data surrounding that activity has accelerated and influenced our expansion plans.
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