CommerceHub plans to acquire ChannelAdvisor in a joining of two competing SaaS ecommerce platforms combining front-end and back-end capabilities for retailers and brands to help grow their businesses, but one that will face some integration work based on different technologies. The acquisition price was $663.6 million.
As brands increasingly focus on digital sales, they emphasize streamlining operations and automating logistics through ecommerce technology to effectively manage inventory systems, ad campaigns, etc. But software alone is not enough to guarantee positive outcomes, and when mismanaged, it can even do more harm than good.
ON DEMAND WEBINAR – Join Michael Schwartz and Ryan Barker, two top Amazon experts from ChannelAdvisor who have been working with brands, retailers and manufacturers on the front lines of the crisis. They will discuss tips and tactics to implement in this new paradigm, including protecting profit margins, planning for future shipping disruptions and managing FBA delays.
The top 75 ecommerce marketplaces sold $1.55 trillion in goods in 2017, with marketplaces overall representing 50% of global ecommerce sales. So it’s the perfect time for merchants who have already mastered Amazon and eBay to consider other marketplaces. Join Multichannel Merchant and ChannelAdvisor for a live webinar on June 5 at 1 p.m. (EST) to learn all about marketplace expansion