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E-Commerce
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It's not a great time for e-commerce startups. As funding has dried up for private tech companies, those in the online shopping space haven't fared particularly well. Some have been able to raise money to stay afloat, albeit at lower or flat valuations. Others have sold at steep discounts to recoup investor money or shutdownโฆ
In a keynote presentation at the ChannelAdvisor Catalyst Americas conference in Las Vegas yesterday, Hal Lawton, senior vice president, eBay North America, detailed how the online marketplace is evolving in an effort to reverse stagnant sales and gain market share. โThe opportunity for e-commerce has never been brighter,โ Lawton said, โbut the competition has intensified.โโฆ
Few consumers stop to think about e-commerce having a physical footprint because part of the beauty of online shopping is that it can be done nearly anywhere, anytime. However, fulfilling an online order takes a massive facility and big investments. The e-commerce hub for retail is not a major shopping area, but the Buckeye State.
Choosing how and when to scale their e-commerce operations is an increasingly important, and difficult, decision for retailers. While more consumers are shopping online, not every retailer should be swept up in the excitement. In a classic Goldilocks scenario, some growth opportunities are too hot while some are too cold. Brands must understand their customer andโฆ
Footwear brand Crocs has undergone significant organizational and management changes in the last 18 months as it works to reverse years of stagnant sales and declining profits. Founded in 2002, Crocs impressively reached $1 billion in sales within its first 10 years of operation. However, that growth trajectory has slowed considerably in recent years. Theโฆ
Manufacturers selling direct to consumers is a growing trend that's caught the attention of the retail industry. Eliminating the middlemen (i.e., retailers) isn't without its challenges for manufacturers, but often the opportunity outweighs the risks. Such is the case for American Giant, a four-year-old, San Francisco-based manufacturer and online seller of men's and women's apparel,โฆ
Etsy CEO Chad Dickerson made it clear to Wall Street that he was looking to Seller Services to help monetize the site now that Etsy is a public company, and on Tuesday, announced a new offering that puts it in the store-hosting business. Pattern by Etsy is just like a seller's Etsy Shop, but hosted outsideโฆ
Shopping online is becoming the new norm for consumers. Consider that U.S. e-commerce sales grew 14.6 percent in 2015 year-over-year, according to data from the U.S. Commerce Department. The fast-growing popularity of e-commerce brings new challenges to retailers, however. In a Market Track 360 Strategy whitepaper, four of these top challenges were identified and analyzed.โฆ
The need for rapid business change, advanced innovation and reduction in up-front capital spending is leading retailers toward software-as-a-service (SaaS) solutions for e-commerce. If youโre like the 58 percent of global software decision makers who will increase their use of SaaS platforms and services over the next 12 months, these steps will help you askโฆ
Total Retail Talks is Total Retailโs podcast channel, and it features interviews and insights with some of the leading minds in the retail industry. Please check out our podcast channel page for all episodes, show notes and additional information. Also, you can access Total Retail Talks episodes on iTunes and Stitcher. We hope youโll join us! Jodie Fox, Co-Founder and Chief Creative Officer, Shoesโฆ