Wish , a global eCommerce platform, has launched a two-year partnership with eCommerce platform PrestaShop , according to a press release .
The partnership will allow the over 300,000 brands and merchants on PrestaShop to access millions of customers on Wish, the release stated. PrestaShop merchants will have free access to a direct integration module, which will connect them with Wish's merchant dashboard to help them sync their products and orders between PrestaShop and Wish.
HEAD OF ECOMMERCE job with By Malene Birger | 167242
The Head of Ecommerce role is a critical function between the numerous By Malene Birger functions and sits within the Commercial team, reporting to the Chief Commercial Officer. In the role you will be responsible for the day to day management of the Ecommerce team, developing the Ecommerce strategy with the Chief Commercial Officer and executing it with the aim to drive growth and decrease the gap between online and offline retail to ensure a seamless and excellent consumer experience.
Glance Acquires Shop 101 For Social eCommerce | PYMNTS.com
"As leaders in the mobile content space, both Glance and Roposo are disrupting the way users create, discover, and consume content, making them the preferred platforms for top celebrities and creators to connect with their audience. With the addition of Shop101, we aim to make these platforms the top shopping destinations for millions of users as well," said Piyush Shah, co-founder of InMobi Group and President and COO of Glance.
Shop101, founded by Abhinav Jain, Aditya Gupta and Kalpak Chhajed in 2015, has 10 million resellers in its network and 10,000 supplier partners. The startup reaches customers in more than 2000 municipalities in India.
Evolution of ecommerce: The historical challenges of ecommerce and how companies overcame them
Almost everything you buy online has a 4–5x mark-up embedded in the price. That blue shirt you just bought for $100 and looks fabulous on you costs less than $15 to make.
You're not paying that high of a mark-up because ecommerce businesses are greedy. Most of them actually struggle to make money and the ones that do typically don't make a lot. The gap between price and COGS is the result of three structural hurdles that ecommerce companies face, which have historically eroded profitability:
Steps to Greener Ecommerce Warehouses | Practical Ecommerce
Ecommerce warehouses are often not environmentally friendly. They consume vast amounts of energy. Many pose hazards to their employees. Material handling equipment, lighting, heating, air conditioning — all create emissions, some of them toxic.
Warehouses are also noisy. Machinery in warehouses creates noise pollution. Machines, forklifts, and conveyors produce high-intensity sounds that are not only a nuisance but also a health and safety risk.
Examining Open Banking For eCommerce Growth | PYMNTS.com
According to the report, open banking adoption has surged in the United Kingdom and Europe since 2018 due to its flexibility and growing popularity with banks and consumers alike. The volume of application programming interface (API) calls using the technology in the U.K. rose from 66.8 million in 2018 to 6 billion in 2020. More open banking payments were processed in the U.K. in February 2021 than in all of 2019.
Another benefit to merchants using open banking as a payment option are lower overall eCommerce operation costs. Per the report, instant bank payments that occur via open banking APIs also help retailers and merchants lower transaction costs, such as expensive card processing fees, and reduce false decline rates due to secure user authentication. Bank-to-bank transactions are rapid and secure and, unlike card-based transactions, they boast an authorization rate higher than 95 percent.
eCommerce search platform, Unbxd now on Cloud Marketplace | MarTech Cube
Unbxd Inc., a leading provider of AI-powered Commerce Search and Product Discovery solution today announced its availability on Google Cloud Marketplace. Retailers and brands hosted on Google Cloud can now leverage deeper product integrations, a unified billing approach and faster go-to-market while providing enriching digital commerce experiences to their shoppers.
In order to transform the digital experiences, retailers are looking to deploy new tech functionalities in a highly scalable and reliable infrastructure. They are looking to create shopper interactions with the online store in a way that is contextual, relevant, and personalized.
Retail eCommerce news from week beginning 7 June 2021 -
Saudi Arabian retailer Al Malki Group is implementing a new Order Management System (OMS) from Fluent Commerce – helping them to achieve their goal of becoming the first omnichannel retailer in Saudi Arabia.
Founded in 1952, Al Malki Group is one of the region’s largest distributors and retailers of luxury goods, including fragrances, fashion, watches and jewellery. A third-generation family enterprise, the company employs 1,600 people and represents over 105 luxury brands in the region. Brand partners include L’Oreal Luxe, Dior Beauty, Richemont Group and Estee Lauder Companies.
Amazon Business releases first B2B ecommerce report, highlighting e-procurement
Rise Of eCommerce Platforms For Pets, Apparel | PYMNTS.com
Happening on Twitter
$WISH unveiled a partnership with PrestaShop, an e-commerce platform focused on Latin America and Europe. https://t.co/y4fxp3AIVr TheStreet (from New York, NY) Mon Jun 14 17:51:26 +0000 2021
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