Marketplaces
In a year of unprecedented upheaval and change, Amazon.com has taken over the retail sector and become a trailblazer in the new remote economy of working — and shopping — at home. In its Q3 2020 earnings report, revenue grew by 37 percent and net income tripled year-over-year to $6.3 billion. Brands that may have…
Amazon.com's recent acquisition of Australia-based Shopify competitor Selz is starting to drum up speculation, coincidentally just as Shopify released strong financial results last month. The purchase occurred in January without any publicity, which sparks questions around the intent of the acquisition and what it means for the future of commerce. CPG firms should pay close…
Several years ago, to win on marketplaces, manufacturers simply needed a popular product at a good price. Customers would find the product and manufacturers would realize success. However, a popular product at a good price is simply no longer enough to win on marketplaces such as Amazon.com. In today’s environment, winning strategies are more nuanced…
Over the past decade, e-commerce has seen tremendous growth, and the COVID-19 pandemic has accelerated it further. The retail landscape has changed drastically, and retailers have had to find creative ways to compete with giants like Amazon.com. As we kick off the new year, it's top of mind for retailers to come up with strategies…
North America’s oldest company is entering the third-party marketplace arena. Hudson’s Bay Co. has announced that it will be launching a digital third-party marketplace later this year. The company, which will host the third-party marketplace on a revamped thebay.com, is currently accepting applications for vendors via an online form and will be selling goods that fall within…
Amazon.com is big. Powerful, too. The vision of Founder and CEO Jeff Bezos is remarkable. It's astounding to consider Amazon’s ascension began just 26 years ago in 1994. While I don’t always agree with Amazon’s practices, I have a great deal of respect for Mr. Bezos as an entrepreneur, a visionary, and for the brand…
In this episode of Retail Right Now, Total Retail's Melissa Campanelli and Kristina Stidham discuss Singles Day, the annual shopping holiday in China that rakes in billions of dollars for online brands and retailers. This year, the shopping event is an even larger opportunity for cross-border e-commerce growth as online shopping is already heightened amidst…
In this episode of Total Retail Tech Insights, Editor-in-Chief Joe Keenan interview Sanjeev Sularia, CEO and founder of Intelligence Node, a real-time retail intelligence platform that empowers businesses to drive product-level profitability and grow margins using data-driven competitive insights. Listen in as Sularia shares his advice for retailers looking to thrive in this new era of…
In episode 270 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jeanne Anderson, senior vice president and general manager of Saatchi Art, the world’s leading online art marketplace, connecting people with art and artists they love. Listen in as Anderson discusses the company's history and mission, how Saatchi Art has evolved during the COVID-19 pandemic,…
In this episode of Retail Right Now, Total Retail's Joe Keenan and Kristina Stidham discuss last week’s Amazon Prime Day event, and what it could potentially mean for this year’s holiday shopping season. Some of the key highlights to come out of Prime Day include a sales increase of 36 percent compared to Prime Day…