Marketplaces Archives - Page 2 of 56

Does Amazon Want Out of Direct Selling? Latest Move Says So

March 14, 2019 | Daniela Forte

Amazon wants its suppliers to start selling directly on its marketplace and has abruptly stopped purchasing products from tens of thousands of them. See what is behind this effort and what it will mean for the suppliers.

Amazon is America’s Most Shopped Retailer in Apparel

March 7, 2019 | Daniela Forte

Amazon has jumped from a joint second place with Target to first place among U.S. apparel retailers, according to a survey by Coresight Research. The survey found that Prime members account for two-thirds of all Amazon apparel shoppers, up from around 60% last year.

Wayfair Grows Revenue 44% in 2018 But Doubles Net Loss

February 28, 2019 | Daniela Forte

Ecommerce home furnishings giant Wayfair increased its fourth quarter sales 40.6% to $1.99 billion, but saw its Q4 net loss balloon to $143.8 million, nearly doubling the $72.8 million loss from the same period in 2017. The company accentuated the positive, emphasizing its holiday season and flash sale performance to analysts.

Late to the Game, Target Launches Ecommerce Marketplace

February 27, 2019 | Daniela Forte

Going the way of main rivals Walmart and Amazon, Target is launching its own third-party ecommerce marketplace, Target+, including a curated list of products from merchants that complement its own offerings in categories like home, toys, electronics and sporting goods.

Amazon to Launch Marketplace in the Middle East

January 30, 2019 | Daniela Forte

Amazon is making a push for the Middle East, particularly Saudi Arabia and the United Arab Emirates. CNBC reported the ecommerce giant has been reaching out to large third-party sellers in North America about the opportunity to expand in the underserved, oil-rich region.

Walmart Removes Products from Google Express, Shopping Actions

January 30, 2019 | Daniela Forte

Walmart is removing its products from the Google Express delivery service and the Google Shopping Actions platform, after offering them there for a little over a year in an effort to grow ecommerce sales and do battle with Amazon. Here is a look back at the Google and Walmart partnership.

More than Half of U.S. Brands Are Selling on Amazon

January 24, 2019 | Daniela Forte

Amazon has taken ownership of the U.S. ecommerce journey, with nearly nine out of 10 domestic shoppers visiting the marketplace during their purchase cycle and 50% of them beginning product searches there, according to data from Feedvisor.

Amazon Prime Exceeds 100 Million Members in the U.S.

January 21, 2019 | Mike O'Brien

Amazon Prime surpassed 100 million members in the U.S. in the fourth quarter, according to new data from Consumer Intelligence Research Partners (CIRP), representing 62% of all Amazon customers. This is up from 85 million in July, with Prime members spending on average $1,400 per year vs. $600 for non-members.

Black Friday and Sales Tax: A Potentially Risky Combination

November 15, 2018 | Todd Suchevits

Black Friday and Cyber Monday are bonanzas for online sellers. But there could be a downside this year thanks to the Supreme Court’s South Dakota vs. Wayfair decision, which says states can charge online retailers’ sales tax, regardless of the company’s physical location. Here are 4 things to keep on top of heading into the holidays.

Amazon Announces Two New East Coast Headquarters

November 14, 2018 | Daniela Forte

As expected, Amazon announced two new headquarters on the East Coast, one in Long Island City, NY and one in Arlington, VA, with plans to invest $5 billion and create more than 50,000 jobs. This ended a 14-month process that had 240 U.S. cities selling themselves and offering huge incentives. See details of the two new locations as well as plans for a center of excellence in Nashville.

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