Quite a lot has been going on:
The Benefits of an Ecommerce Technology Advocate | Practical Ecommerce
From site launches to software integration to performance enhancements, managing an ecommerce technology stack is complicated. Many companies could use help.
“As the marketplace for ecommerce [software] starts to broaden and becomes more complex, adding platforms and apps [can be] really hard, especially for small and medium-sized companies,” said Mark Wexler, a founder and partner at Whirlwind Ecommerce.
Examining The B2B eCommerce Shift | PYMNTS.com
Both businesses and consumers alike made moves to cut down on their expenses in 2020 as the pandemic continued to impact the global economy. Many businesses, for their part, began to seek out ways to reduce the costs and inefficiencies in manual or outdated business-to-business (B2B) sales channels to respond to these pandemic-driven shifts.
In the February edition of the Global B2B Payments Playbook , PYMNTS analyzes how the pandemic has accelerated the ongoing shift to eCommerce and digital payment tools for B2B firms worldwide. It also takes a close look at how this B2B eCommerce migration is impacting the overall role of B2B payments within consumer-facing commerce.
The transformative power of the ecommerce industry - ThePaypers
This trend is highlighted in a recent report by Google, Temasek, and Bain & Company, stating that in 2020 there are 40 million new internet users in Southeast Asia alone. This finding shows that 70% of the region’s population now has access to the digital economy, and these trends are here to stay, with 90% of users intending to continue making online purchases.
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The lockdowns and safety measures implemented by governments across the region accelerated the trend for department stores to transition online, and Lazada played a pivotal role in facilitating the mass online migration across Southeast Asia.
In case you are keeping track:
How Can Your eCommerce Business Generate More Sales
And while there are over 2 billion digital buyers in the world, the competition to gain their attention has never been more fierce, with over 7.1 million online retailers worldwide . Therefore, it's essential that you implement reliable strategies that will help you gain an edge over your competitors and generate more customers. Below are some excellent strategies to try that have proven effective for countless other eCommerce sites.
TikTok ecommerce push, Cuba invites private business, a new green world order | Financial Times
TikTok plans to expand into ecommerce in the US to compete with Facebook, Cuba has announced it will open most of the economy to private business, and Mercedes-Benz says by 2030 it will make as much from its electric cars as it does from its luxury combustion engine models. Plus, the FT's environment and clean energy correspondent, Leslie Hook, looks at the global shift to renewable energy and how it could change the geopolitical landscape.
Accenture buys Japanese ecommerce specialist Businet System
As part of a major M&A campaign at the start of 2021, Accenture has bolstered its footprint in Japan with the acquisition of Businet System.
The deal sees a team of 40 employees join Accenture’s ranks, integrated into its Interactive division. “This acquisition strengthens our ecommerce services, from strategy to system design, development and operation, to help our clients grow their businesses,” said Atsushi Egawa, who leads Accenture in Japan.
Samarkand plans float to boost China ecommerce business | Sharecast.com
The company said it intended to list on the Apex segment of the Aquis Stock Exchange Growth Market and to have a free float of at least 25% of its share capital.
Samarkand gives non-Chinese brands an entry to the country's growing ecommerce market that is lower risk than sending stock to China. It operates from warehouses in the UK and Europe and allows businesses to reach Chinese consumers more directly.
Happening on Twitter
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