Fourth-quarter eCommerce sales in 2020 topped out at almost $207 billion, a 1.2 percent drop from the third quarter, but up 32.1 percent compared to the same period in 2019, the Census Bureau of the Department of Commerce reported on Friday (Feb. 19).
The Census Bureau report also indicated that 2020 retail sales for the fourth quarter were almost $1.5 billion, a 0.5 percent hike over the third quarter of 2020. More than a decade ago, eCommerce accounted for roughly 5.1 percent of total retail purchases compared to online sales today, which account for 21 percent of all sales .
Not to change the topic here:
3 Search Marketing Tactics to Drive Last-Minute Ecommerce Sales
Whether it’s stock management or making the most out of seasonal selling, there are always opportunities to maximize your search marketing approach to generate last-minute sales.
I’ve worked on hundreds of short-duration digital campaigns with the goal of increasing online revenue, and share some of my most effective tactics in this post.
There will always be best practice advice to build into your marketing, plus forward planning on repeat trends for ecommerce websites and industries.
Pipe17 closes $8M to connect a range of e-commerce tools without any code required –
This morning Pipe17 , a software startup focused on the e-commerce market, announced that it has closed $8 million in funding.
Pipe17’s service helps smaller e-commerce merchants connect their digital tools, without the need to code. With the startup’s service, e-commerce operations that may lack an in-house IT function can quickly connect their selling platform to shipping, or point-of-sale data to their ERP.
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The prevailing view in the e-commerce industry, the co-founders explained, is that to fix a problem e-commerce players should purchase another application. Pipe17 thinks that most e-commerce companies probably have enough tooling, and that they instead need to get their existing tooling to communicate.
NCR Adds Grocery Ecommerce to its POS Platform with Acquisition of Freshop - Retail TouchPoints
End-to-end retail solutions provider NCR has acquired grocery ecommerce solution provider Freshop . Financial terms of the deal were not disclosed.
The acquisition will add ecommerce functionality to NCR's core POS platform, giving retailers, in particular regional and small grocery chains, the ability to quickly deploy buy online, pick up in-store (BOPIS) capabilities in-house as an alternative to relying on a third-party provider.
Were you following this:
Outlook on the Ecommerce & Other Non-Store Retailers Global Market to 2030 - Identify Growth
DUBLIN , Feb. 18, 2021 /PRNewswire/ -- The "Ecommerce & Other Non-Store Retailers Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the global ecommerce & other non-store retailers market as it emerges from the COVID-19 shut down.
The global ecommerce & other non-store retailers market is expected to grow from $2267.94 billion in 2020 to $2641.1 billion in 2021 at a compound annual growth rate (CAGR) of 16.5%.
Walmart Posts Record 4Q Revenues As eCommerce Sales Boom; Shares Dip 6.5%
Walmart posted strong fiscal 4Q sales driven by booming eCommerce sales as consumers shopped from home due to pandemic-led restrictions. However, shares declined almost 6.5% to close at $137.66 on Feb. 18, as the US multinational retail company expects sales, operating income, and earnings to decline this year, including the impact of expected divestitures.
The company's US comp sales grew 8.6% in the quarter, while US eCommerce sales surged 69%. International net sales came in at $34.9 billion, up 5.5% year-over-year.
Can cardboard be eliminated from e-commerce? - FreightWaves
Is it crazy that after 25 years of e-commerce, there has been very little innovation when it comes to packaging? Amazon (NASDAQ: AMZN ) has led the way toward establishing more sustainable packaging standards with its Frustration-Free Packaging initiative. Since 2015, the initiative has reduced the weight of outbound packaging by 33% and eliminated more than 900,000 tons of packaging material — the equivalent of 1.6 billion shipping boxes.
But the entire process is still 95% the same as it was when e-commerce began. It may be lighter weight, more easily recycled and better utilized, but it's still single-use, one-way packaging.
[The Turning Point] Why these sisters decided to launch an ecommerce startup for Made in India
The sister realised that fashion is no longer the domain of the urban elite, and decided to focus on youth in Tier II and III cities with their curated platform. The Pune-based ecommerce startup is "made in India, made for India".
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"Increased internet penetration and smartphone usage have led to a significant rise in first-time online shoppers, especially in the non-metros and Tier II and III cities. Maneraa is looking forward to extending its reach to those first-time online shoppers," Shabna says.
Happening on Twitter
US 2020 ecommerce numbers are out. Three years of growth in three quarters: ecommerce share rose from 17% in Q4 201… https://t.co/FJHrs2A9LH benedictevans (from London, mostly. ) Fri Feb 19 15:57:18 +0000 2021
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