Monday, April 10, 2023

Manufacturers must evolve as ecommerce goes mainstream

With B2B ecommerce here to stay, manufacturers must evolve their sales strategies to embrace a digital-first approach and deliver the types of digital experiences consumer expect to remain competitive and grow their business, according to research by physical digital platform provider Copperberg, ...

Publisher: Digital Commerce 360
Date: 2023-04-10T19:23:57 00:00
Author: Peter Lucas
Twitter: @DigitalComm360
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Ecommerce Inflation Easing, But Shoppers Still Shifting Spending Due To Prices

Online prices fell 1.7% year-over-year in March, according to the latest Adobe Digital Price index.

Online prices declined, on a year-over-year basis, for the seventh consecutive month in March, but persistent inflation in categories like groceries continues to impact discretionary spending on items like electronics, toys, and gifts.

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Publisher: Forbes
Date: 2023-04-10
Author: Joan Verdon
Twitter: @forbes
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Spain – overview of key ecommerce insights and trends - ThePaypers

In Spain, 51.2% of the population shopped online in 2021 (compared to 42.1% in 2019), and the number of ecommerce users is expected to reach the 70% figure in three or four years.

The tendency towards digital was noticeable before the COVID-19 pandemic, but the lockdowns imposed throughout Spain sped up a multitude of changes in consumer behaviour, among which the increased popularity of online and omnichannel shopping is particularly significant. 

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Peru B2C Ecommerce Market Opportunities Databook - Q1 2023 Update: Sector to Reach $16.1 Billion ...

According to the publisher, B2C Ecommerce market in Peru is expected to grow by 9.76% on annual basis to reach US$12.3 billion in 2023. The Medium to long-term growth story of B2C Ecommerce industry in Peru promises to be attractive .

Publisher: Yahoo Finance
Twitter: @YahooFinance
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Levi ecommerce, Lululemon ecommerce sales each increase

Levi ecommerce increased 14% and Lululemon ecommerce increased 46% in their respective recently ended fiscal quarters.

Levi Strauss & Co. reported $1.69 billion in net revenue for its fiscal first quarter ended Feb. 26, 2023. That’s up 6% from $1.59 billion in the previous fiscal Q1. However, the denim brand reported gross margin was 55.8%.

Publisher: Digital Commerce 360
Date: 2023-04-07T18:38:58 00:00
Author: Abbas Haleem
Twitter: @DigitalComm360
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