Overall holiday retail sales are expected to increase between 4.5% to 5% this holiday season, according to Deloitte’s annual forecast, passing $1.1 trillion in sales from November through January. Deloitte predicts ecommerce sales will increase 14%-18% during this period to between $144 and $149 billion.
Microsoft has added new features and functions to its Dynamics 365 platform that allow retailers to create product pages with reviews and ratings, based on its Azure cloud services platform that goes head-to-head with Amazon’s dominant AWS offering.
The topic of how to penetrate the Chinese market has been lately triggering heated debates among foreign companies looking to benefit from the massive potential of this Asian business powerhouse. Here are six ways to penetrate the Chinese market.
Bump Boxes, an ecommerce subscription box brand for pregnant women, has seen huge success with its AI-enhanced marketing campaigns, launching Facebook and Instagram campaigns in minutes, decreasing ad spend by 50% and increasing purchases by 25% in two weeks.
Youth-focused apparel brand Madewell is planning to split off from struggling parent company J.Crew and break out on its own by going public as the Madewell Group.
Subscription box ecommerce has grown more than 100% a year for the past five years, according to McKinsey & Company. If you have a subscription box offering, you need to evaluate your business and make sure you’re prepared for growth. Three key areas to consider: Personalization, transportation management and technology.
The time to begin preparing for the holiday season that will account for the majority of annual conversions is now. Brands are expected to get their ducks in a row to ensure a smooth holiday shopping experience for customers. Here are six things brands can do to get their ecommerce site ready for the holiday season.
Artificial intelligence is an integral part of the future of ecommerce. Profitable companies will understand how to make technology work in tandem with human counterparts rather than give in to fear that automation will replace people’s jobs.
Adding robotics capabilities to its new fulfillment service launched in June, major SMB ecommerce platform Shopify is acquiring 6 River Systems for $450 million, the companies announced, making it the first platform firm with this capability for its ecommerce seller customers worldwide.
For many brands and products, English-speaking Canada is an ideal market in which to plan a launch. This is primarily because it’s a microcosm of the U.S. market on many levels.