Weekly Retail Roundup – March 1, 2019
Our Weekly Retail Roundup consists of all the latest news, trends and insights in the ecommerce and retail industries.
Amazon Brings Big Guns to Battle Against Counterfeit Products
Amazon on Thursday announced Project Zero, a program that empowers vendors to help drive counterfeits down. The anti-counterfeit campaign will employ Amazon’s advanced technology, machine learning and innovation. Amazon will partner with Project Zero’s participating vendors to protect their intellectual property by detecting and removing counterfeits of their products.
5 Tips to Sell More on Online Marketplaces in 2019
All the predictions claiming Thanksgiving, Black Friday, Small Business Saturday and Cyber Monday to be a high-intensity sales period stands true. Adobe Analytics predicted the online purchase to the amount of $23 billion between Thanksgiving and Cyber Monday. It predicted Cyber Monday to be the highest sales day at $7.8 billion in sales and majority of the sales were accumulated by selling on ecommerce marketplaces.
Profit First: How to Keep More of What You Make
When it comes to finances, a lot of eCommerce store owners tend to struggle. So today, I’ve got Cyndi Thomason of Bookskeep.com on the show to shed light on how to make your business profitable using the Profit First methodology.
How to turn 2019’s retail trends into success
The rapid evolution in the way consumers shop leaves retailers with a dizzying array of options. Here are four principles that can help a retailer set priorities and implement them effectively. The retail landscape is constantly evolving, and this change brings with it exciting new trends. But if any trends are to survive well into the future and become fixtures in the industry, retail companies need focused leaders and clear goals.
Shopify Excelled in 2018, Attracted More Merchants
Operating in the shadow of online marketplaces and located in Ottawa, Canada, Shopify does not get as much attention as it should. A $41 billion market-cap business — NYSE: SHOP — Shopify is the choice of approximately 820,000 merchants in 175 countries, growing from 600,000 in 2017. Shopify provides a multichannel commerce platform that allows merchants to set up their stores and display, manage, and sell their product across multiple sales channels. The company uses a SaaS system with software that provides a single integrated back-end infrastructure.