E-Commerce
Welcome to this week's Retail Resources blog post, a curated list of the best content and resources I've seen over the past week that I hope will help you navigate through the coronavirus pandemic. This week I offer information about leadership, interesting data, employment information, and fun stuff that will hopefully help improve your spirits!โฆ
Six months ago, the idea of starting to sell your products online would have been a question of costs vs. benefits. Could your business support running an online โsideโ venture? How can your accrued experience as a brick-and-mortar store be applied? Can you reach new audiences online? Nowadays the way your customers shop has shiftedโฆ
Automation is helping merchants take a large cut of the $4.2 trillion pie that e-commerce represents today. Facebook has already integrated automation in some way or another to its marketplace through features like automated seller responses, and robotic process automation (RPA) systems are making platforms like Amazon.com and Shopify capable of reading and responding toโฆ
As stores shut their physical doors and more people are home-bound, consumersโ shopping behaviors are changing quickly. Due to everything from safety concerns, lack of stock in stores, and social distancing requirements, a vast and unprecedented majority of shopping is now being done online. In fact, in a survey we conducted with over 3,000 membersโฆ
Amazon.com's dominance in the evolving e-commerce landscape continues as it pushes further into the grocery category with its acquisition of Whole Foods and the launch of Amazon Pantry. These moves have created numerous opportunities for consumer brands to get their products front and center with targeted audiences and leverage the incredible amount of shopper dataโฆ
Retail executives have been fixated on the dramatic increase in e-commerce sales in the weeks since COVID-19 led to non-essential physical store closures and widespread shelter-at-home orders around the world. The growth is dramatic: Online sales are up nearly 40 percent since late February, according to Signifydโs Ecommerce Pulse data. The more interesting story is notโฆ
As the coronavirus, unfortunately, continues on for the majority of the word, itโs safe to say that we're living in a new normal in that everything we do relies on being connected digitally. Gone are the days when you could easily walk out the door, jump in your car and head down to your favoriteโฆ
Calling these days "unprecedented times" is an understatement. Along with all the uncertainties, what we do know is that mobility restrictions are critical to public health, and this takes a tremendous toll on retail. Brick-and-mortar stores are closed, and there's a major shift towards e-commerce. Consider that e-commerce sales shot up by 40 percent in the U.S.โฆ
The grocery industry may be booming right now, but itโs also an overwhelming environment due to the dramatic effects of the COVID-19 pandemic, many of which remain to be seen. An increase in sales comes at the expense of scrambling to manage inventory, ensure sufficient staffing, follow health and safety protocols, and accommodate a surgeโฆ
As coronavirus cases started surfacing in the U.S. earlier this year, many turned to the internet for information. Google search trend data from March 2020 showed a significant spike in the number of searches related to the coronavirus. With the number of cases rising and lockdowns throughout the world causing businesses to close their doors,โฆ