DUBLIN , April 26, 2021 /PRNewswire/ -- The "COVID-19 Pandemic Accelerates Investment in the Global IT/Consumer Electronics eCommerce Market" report has been added to ResearchAndMarkets.com's offering.
This research study examines the global electronic commerce (eCommerce) market with a focus on North America and the information technology (IT) and consumer electronics verticals. The report delves into the macro-economic factors affecting the global retail eCommerce market, its growth during the course of the COVID-19 pandemic, as well as the drivers, trends, challenges, and competition that are shifting global market dynamics.
A manufacturer takes another step to build ecommerce sales
Little more than a year ago, Bedford Industries found itself undergoing a steep learning curve when it came to ecommerce. The 55-year-old plastics fabrication manufacturer developed and launched its ecommerce site in a matter of days in April 2020 to capitalize on an opportunity to produce and sell personal protective equipment and components.
The Worthington, Minn.-based manufacturer's quick pivot proved successful. With its history of making things like plastic ties and tabs for packaged products, it began producing materials for face shields and masks. The company attracted a new segment of customers in small businesses looking for PPE, and it began serving a new cottage industry of consumers who used Bedford's materials to produce face masks.
Camping World Announces eCommerce Acquisition | PYMNTS.com
Camping World, the country's largest recreational vehicle retailer, said Monday (April 26) that it had made a pair of deals aimed at making it easier for customers to shop and pay for their purchases.
The Illinois-based owner of 170 retail stores in 38 states said that it had acquired Nomad Reservations , a campground reservation and management system that goes by CampgroundBooking.com
The company said the addition of Nomad's eCommerce capabilities would provide multiple unique data points and trip-planning tools that customers could use to plan upcoming journeys while allowing the retailer to deliver customized and relevant marketing communications.
Contentserv, Oro Roll Out B2B ECommerce | PYMNTS.com
Global product experience platform provider Contentserv will integrate with OroCommerce , which is a comprehensive enterprise-grade open source B2B eCommerce platform intended for midmarket and large commercial businesses, a press release said on Monday (April 26).
Contentserv has rolled out a new OroCommerce connector. This connector will let B2B merchants create frictionless, end-to-end processes for product content. They let them effectively deliver "unique and enticing" buyer experiences for all OroCommerce shops.
Juniper Research: eCommerce Losses to Online Payment Fraud to Exceed $20 Billion Annually in 2021
The research identified that merchants need to do more to implement fraud prevention strategies across all of their eCommerce channels, or they will continue to experience large losses. The use of AI will enable behavioural biometrics in this area, which will increase security across all potential fraud channels.
Research co-author Susan Morrow explains: " While the need for security is greater than ever, the competitive eCommerce environment means merchants will need to ensure that extra security checks are justified to the user, or they risk higher cart abandonment rates."
Are you one of the Lightning 50 UK eCommerce companies? -
"The Lightning 50 only takes into account one metric when scoring businesses – growth. Our hope is that the Lightning 50 will really shine a light on some of the incredible work online businesses have been doing throughout the pandemic."
The intent is to recognise the winning companies during the pandemic in a world that has shifted and is likely to stay shifted to online shopping. 67% of Britons are planning fewer visits to the high street than pre-pandemic. This is a good thing for those retailers that have already embraced eCommerce. Over the last year, according to IMRG, retail sales grew 36% in 2020, the highest growth since 2007. For some retailers, that has meant a growth of 600%, according to Brightpearl research.
Sustainability, ecommerce, digital spend: 5 interesting stats to start your week
More than half (58%) of people are feeling awkward about the idea of things returning to normal as restrictions begin to ease.
People tend to fall into one of three camps, those who are cautiously optimistic (35%), those who fear the future (33%) and those who are raring to go (32%).
People who are cautiously optimistic are simultaneously relieved and anxious about things beginning to reopen. People in this group are 39% more likely to be under 40 and 29% more likely to be on a lower income. Women also over-index in this group.
Investing in Ecommerce: the high street has moved online | IG UK
In a recent IG Trading the Markets podcast, we explored investing beyond the pandemic with Jane Edmondson, chief executive officer (CEO) and co-founder at EQM Indexes. With this year's surge in online shopping, Edmondson says 'the mall isn't dead, it has just moved online'.
According to research firm eMarketer, global ecommerce is expected to approach $5 trillion this year, 1 as online retailers have had fertile ground to grow their business in this new era of contactless shopping. In the US, ecommerce sales grew by 32% to $795 billion in 2020, versus previous forecasts of 18% growth. 2
A New NFT Project That Combines DeFi And eCommerce Emerges
NFTmall comes as the first creator-centric, DeFi and eCommerce-powered, physically-redeemable NFT marketplace. As mentioned, the NFT sector is attracting plenty of celebrities, and this is no coincidence.
NFTmall comes as the answer to their troubles by providing all of the above, in a creator-centric, and yet decentralized, DeFi and eCommerce-powered, multichain and standard support, physically-redeemable, universal NFT marketplace.
Pharmapacks Announces Expansion and Reformation of Board of Directors and Advisors
NEW YORK , April 26, 2021 /PRNewswire/ -- Pharmapacks, a leading eCommerce enablement platform and retail seller for brands across major eCommerce marketplaces, announced today their new Board of Directors and Advisors effective January 2021 . The announcement follows Pharmapacks' recent partnership and strategic investment from The Carlyle Group in November 2020 .
"Pharmapacks continues to drive unprecedented growth and we are thrilled to officially welcome an experienced and very successful group of business leaders to our Board of Directors and Advisors – each providing unique insights and deep knowledge to support our business expansion and deepen our commitment to diversity at every level of our organization," said Andrew Vagenas , Chief Executive Officer of Pharmapacks.
Happening on Twitter
BREAKING: U.K. adds corruption sanctions to its Magnitsky Act, which brings it in line with the US and Canadian Mag… https://t.co/GQvdk0Ve8x Billbrowder (from London) Mon Apr 26 11:37:18 +0000 2021
Biden will allow US embassies worldwide to fly Pride flag, reversing a Trump administration decision #NOH8 https://t.co/J2oiSZ6M4Q NOH8Campaign (from Los Angeles) Sun Apr 25 21:24:55 +0000 2021
Chill it out, take it slow, then you rock out the show! Meet @ArantxaCLM! 👩🎤 #DragRaceEspaña @DragRaceEs premiere… https://t.co/sfb8ELB5Na WorldOfWonder (from Hollywood, CA) Mon Apr 26 10:03:08 +0000 2021
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