Category Archives: E-Commerce

Amazon Sellers Seek Suspension Insurance — DenverPost.com

Amazon marketplace sellers are taking out insurance against being suspended from the site: “In recent years, an entire cottage industry has emerged in the shadow of the world’s largest online retailer. There are consulting firms pledging to help make Amazon merchants rich. Temporary staffing agencies find workers to staff Amazon warehouses during the holiday shopping season. Now the insurance industry has found a niche, thanks to an enterprising Amazon merchant from Kentucky who sells custom bedding.“ Supplier Takeaway Do you...

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Modcloth Acquisition Reflects Walmart’s Changing Demographics — Yahoo! Finance

Walmart’s acquisition of several higher-end e-commerce brands indicates that the company is seeking to shift its core demographic: “In an economically-divided America, Walmart has begun working to sell to two separate groups: shoppers looking for extreme discounts and upper-income shoppers seeking higher-quality items. Walmart has been working to grow sales from more affluent customers for years, especially when it comes to e-commerce.“ Supplier Takeaway The “Walmart Demographic” may not be what it once was. How is this going to affect your...

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Can Walmart Compete With Amazon in Fashion? — BusinessofFashion.com

Is Jet.com’s recent acquisition of Modcloth a sign that Walmart wants to challenge Amazon in the area of apparel? “The current Walmart e-commerce chief executive spoke about his ambitions and Jet.com’s much-hyped rivalry with Amazon at technology news website Recode’s Code Commerce event on Monday. Lore, who assumed his role when the big box retailer acquired Jet.com in August 2016, is on an acquisition spree. Last week Jet.com bought ModCloth, an online women’s retailer known for vintage-inspired clothing, its diverse...

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Walmart Establishes Tech Incubator — Fortune.com

Walmart is establishing an independent tech group to help it in its battle against Amazon: “To do that, the discount retailer announced on Monday it was launching Store No 8, an innovation cluster whose entrepreneurs will be free from the diktats of its Bentonville, Arkansas headquarters and Wall Street’s short attention span, to develop the retail tech Walmart needs in order to modernize over the next five to ten years. And, more crucially, the tech is aimed at helping it...

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eBay to Offer Three-Day and Free Shipping Program — TechCrunch

eBay has announced its own shipping program, which offers guaranteed three day service, plus free shipping on “millions” of items: “In response to the growing threat of Amazon and its annual Prime membership program, eBay this morning announced a new program that will offer online shoppers guaranteed three-day delivery on 20 million eligible products — “millions” of which that will also include free shipping. “Guaranteed Delivery,” as this initiative is called, will roll out in the U.S. starting this summer.“ Supplier Takeaway Shipping,...

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Amazon’s New Review Policies — IndependentRetailer.com

Amazon’s new policy regarding consumer reviews may have a positive impact on consumer trust: “From Instagram® photos to product reviews, user-generated content has become an integral part of the shopper path to purchase. A recent study by Olapic found that 76 percent of consumers believe the content that average people share is more honest than brand-based advertising. For retailers, the key to leveraging user-generated content is keeping it real.“ Supplier Takeaway What priority does your supplier business place on earning...

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Amazon to Offer Personalized Fashion Advice — TechCrunch

Amazon is now offering a personalized outfit comparison service to its customers: “The feature itself is simple to use. You just snap a photo or upload the photos from your Camera Roll, then hit the button to submit them to Amazon. Considering how fast you get an answer back (in tests, it was well under a minute), it’s hard to believe this is not an automated in some way. However, we understand Amazon hired fashion specialists to work on this...

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Walmart Announces the Acquisition of ModCloth, a Leading Online Women’s Fashion Retailer — Walmart.com

March 17, 2017 – As we continue to grow our e-commerce presence, Walmart has acquired the assets and operations of ModCloth, one of the top online specialty retailers of unique women’s fashion and accessories. Here are the key facts about the deal: What was announced today? We have acquired the assets and operations of ModCloth. The deal closed on March 17, 2017. Who is ModCloth? ModCloth is an online specialty retailer that offers unique designs and exclusive fashion, along with...

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More on ModCloth Acquisition — TechCrunch

  More on Jet.com’s acquisition of online clothing company ModCloth: “This is a disappointing outcome for ModCloth, which had raised $78 million from notable investors like Norwest Venture Partners, FLOODGATE, First Round, and Accel Partners. (However, Norwest and Accel also invested in Jet). We are told that some of the capital will be going back to investors, but not all of it. Some of the acquisition money will go to retaining key employees.“ Supplier Takeaway Are you a clothing supplier? What do...

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Amazon Offers Third-Party Branding on Boxes — RetailWire.com

Amazon recently offered Revlon a branding opportunity on its boxes: “Along with Revlon name, an image of a heart and the slogan, #LoveIn3Words, appeared on small boxes during February and March. The company used an accompanying social activation campaign to encourage consumers to join the Love Project movement by visiting theloveproject2017.com and creating their custom #Lovein3Words post for their social channels.“ Supplier Takeaway Would advertising on retailer’s boxes be something that might work for your business? Resources for Walmart Suppliers...

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