Latin American ecommerce giant Mercado Libre has benefitted immensely from the pandemic, as stay-at-home orders forced consumers to buy online. According to our inaugural forecast on Mercado Libre, the online marketplace's sales will surge 46.5% in Latin America by the end of 2020, to $20.51 billion. And it still has room to grow in several key markets—even where it already dominates.
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The majority of Mercado Libre's sales come from Brazil. In 2020, its ecommerce business there will grow 39.0% to reach $10.97 billion. This is the first time the platform's sales will exceed $10 billion in the country. As a result, Brazil will represent 53.5% of Mercado Libre's regional ecommerce business.
Many things are taking place:
5 Lessons Learned From Launching an Ecommerce Platform During the Pandemic
Creating a brand and marketing it online has great challenges. Learn how to go from idea to project launch in four months during the COVID-19 pandemic .
Like the vast majority of people, I started 2019 with a stable job, I went to the UDEM to give my entrepreneurship classes and did research in my office. It seemed what a normal semester would be until COVID-19 arrived in Mexico and soon after we entered a red light. Since March, my dining room has been turned into a classroom, office, and research center.
Ecommerce trends in 2021: What do the experts predict? – Econsultancy
It’s been a major year for ecommerce, as consumers shifted their spend online due to retail closures.
But what will happen on the back of huge acceleration in the industry? We spoke to the experts to find out what they think is in store for ecommerce in 2021.
“This year has brought us a whole new cohort of customers in need of the essential clothing and equipment required to safely enjoy outdoor activities. On a practical level, this means that we’ve had to make sure that our site, our products, and our content are written to suit a number of different groups of customers. In these changing and uncertain times, it has never been more important to understand your customers and your market.”
Small businesses who pivoted to e-commerce saw record sales during Black Friday weekend
Almost one-quarter of small businesses closed their doors during the pandemic — but for the few who survived, and pivoted to online sales, Black Friday weekend provided a much-needed boost.
Over the course of the holiday season so far, small retailers have seen an average 110 percent increase in online sales, according to Adobe Analytics.
"That was pretty heartening to see," said Vivek Pandya, a senior digital insights manager with Adobe Analytics. "There has been a lot of demand and a lot of opportunity for retailers of all sizes to support shopping demand online."
Many things are taking place:
Personalization Reaches The Fulfillment Industry: E-Commerce Continues To Grow Up
As of November 2020, the fulfillment services industry—the companies that receive, package, and ship orders to consumers—is valued at approximately $55.6 billion.
For those unfamiliar with the fulfillment process, it begins once orders come in from the customer relationship manager systems on e-commerce sellers' platforms. The information is then distributed to a fulfillment company for shipment.
Which much gets said about e-commerce marketing, especially when there is an exciting product involved, communication and inventory management with manufacturers has lagged behind.
Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools –
Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. That market driver has now led to a significant growth round for a startup that is helping the larger of these businesses, including those targeting the B2B market, build out their digital sales operations with more agile, responsive e-commerce solutions.
It plans to use the funding to expand its own technology tools, as well as grow internationally. The company makes revenues in the mid-eight figures (so, around $50 million annually) and some 10% of its revenues currently come from the U.S. The plan will be to grow that business as part of its wider expansion, tackling a market for e-commerce software that is estimated to be worth some $7 billion annually.
Seven UX ideas to improve your ecommerce sales - ClickZ
All we need is conversions, and retailers around the globe keep developing new and new ideas to increase the rates and make site visitors buy. Some of them are really innovative, and some of them are controversial, to say the least, but it doesn’t mean that the best techniques can’t be distinguished. Building a good ecommerce user experience is significant for any business that wants to achieve high results.
Ecommerce UX takes a crucial role in creating a superior customer experience. Considering this fact, personalization can generate more sales, and customers are 40% more likely to spend more than planned when they get a highly satisfying personalized experience.
Ecommerce Product Releases: December 15, 2020 | Practical Ecommerce
Here is a list of product releases and updates for mid-December from companies that offer services to online merchants. There are updates on the return and dispute processes, fulfillment, personalization, contact center services, and merchant banking.
WhatsApp introduces Carts . WhatsApp has introduced Carts to facilitate buying and selling on its platform. With Carts, users can find the items they want and tap "add to cart." Once the cart is complete, users can send it as a message to the business. Carts will make it simpler for businesses to track order inquiries, manage requests from shoppers, and close sales.
Happening on Twitter
La trágica realidad diaria que #Sánchez no quiere ver y menos ayudar!!Ni un duro para ayudar a autónomos y Pymes en… https://t.co/tjg1xMosrg anadebande (from Bande, España) Sat Dec 19 09:28:41 +0000 2020
#FCB 🔵🔴 💰 El Lyon pide 5 millones para desprenderse de Depay en el mercado de enero 🤔 Es una rebaja sustancial p… https://t.co/sczeyFkUZa sport (from Barcelona) Sat Dec 19 19:45:00 +0000 2020
☁️ ¡Buenos días! ☕️ Comienza el domingo leyendo el artículo de @SBrabezo para @libre_mercado ✒️ "Defiendo la comp… https://t.co/ZfBdSUDkox Cs_Madrid (from Ciudadanos Madrid) Sun Dec 20 09:22:00 +0000 2020
✅En Almeria, junto a nuestro Sector Primario @Vox_Almeria ✅Agua para todos ✅Menos trabas burocráticas, fiscales y… https://t.co/AWvSkpDt5z rchamode (from Spain) Sun Dec 20 14:41:46 +0000 2020
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