Another year has gone, now it’s time to look ahead a new year and plan your 2017 strategies and focus on your prioritization. While dealing with setting up new plans for new year, you may miss what happened in e-commerce world. In Prisync we know time is one of the most crucial things for you, so we have collided the most important news in the e-commerce for January.
Let’s take a look at what happened in the first month of 2017;
Wallmart announced that its subsidiary Jet.com had acquired online footwear, clothing and accessories retailer, ShoeBuy for approximately $70 million in order to strengthen its position and expand consumer offerings. ShoeBuy online store will remain operational and maintain its brand name as part of the deal. Read more here.
While major revenue coming from commerce transactions, Alibaba grows beyond e-commerce by expanding its operations in digital media & entertainment, and cloud computing. Read more here.
G-20 has mentioned e-commerce for the first time and called for the participation of SMEs in cross-border digital commerce. As a foreign investor in B2C e-commerce retail is forbidden in India, it seems they will face with pressure to open up e-commerce sector in next forum. Read the details.
After the presidential election in US, small e-commerce businesses fear to get harmed by implementation of an increase in the tariffs to overseas manufacturers. Read more here.
UK online retail is growing fast by hitting £133bn in 2016, up 16% year-on-year. Mobile commerce plays a major role in this growth while tablets loose its power. Read more here.
With more explosive growth forecasted for 2017, check these e-commerce predictions from an online retail expert providing great insights. Read more here.
E-commerce continues to grow more and more. It encourages more sectors to be in the online area. In the article, you can find 6 different promising categories to start an online business. Check the list from here.
Retailers started to use technology in e-commerce in order to enhance the customer experience by offering more personalized contents. Now it is a fact that AR might be used for more than games. It seems it will impact the future of e-commerce. Read the details. Moreover, advancements in artificial intelligence in e-commerce help shoppers to find the best price for an item and communicate with chatbots for quick customer service. Read the article expressing growth of AI in e-commerce.
Ecommercenews stated the numbers of e-commerce in Spain- increasing with a year-on-year-growth of 20.3 percent during the second quarter of 2016 with 92 million transactions. Read more here.
The competition among e-commerce platforms has radically shifted from few competing big names to many competitors because of increasing numbers of emerging e-commerce platforms. Read the detailed article.
Relaxed government restrictions on imported goods bought online and the growing demand among Chinese consumers for foreign goods is driving growth for Tmall Global, an online marketplace operated by Alibaba. This case encourages foreign brands to enter China through e-commerce. Read the details.
Twitter officially announced that “Buy” button is removed. It was firstly launched in 2014 at a time when the idea of building e-commerce capabilities into social networks was hot. Read more from here.
Station F is set to become the world’s biggest startup space. The campus, opening in April, will also play host to Facebook’s first startup incubator. The Startup Garage will provide a six-month program of mentorship and assistance for new companies. See it here.
Here a reminder for our readers! Holidays and special days are the biggest opportunities to boost their sales and reach out their audience. You can find the list of holidays in order to help you plan your marketing initiatives
In January, as Prisync, we crafted tools collection to use in e-commerce. You can find useful NPS tools, SEO tools and Accounting tools list in order to help you to find the right tool for your online store. Also, we had Mark Faggiano from TaxJar giving us The Five Keys to Sales Tax, Jelmer van der Linden from Stichting WebwinkelKeur giving some tips about Abandoned Shipping Cart in E-Commerce, Lea Kuscer from Payever analyzing the question Death of Brick & Mortar and Ian Naylor from AppInstitute considering to Creating a Mobile App for E-Commerce Store.
And that is all for now. We hope you received valuable insight about the e-commerce world in this episode of our monthly news, and we would love for you to visit us again to read more about e-commerce.