Category Archives: E-Commerce

Third-Party Amazon Merchants Get Scammed — NBCNews.com

Hackers are taking over dormant merchant accounts and scamming customers. Unfortunately, the real merchant ends up the loser in these transactions: “Hackers have zeroed in on the growing number of third-party sellers on Amazon Marketplace, reportedly using stolen logins to swipe thousands of dollars from some merchants. In recent weeks, hackers have ramped up their attacks by taking over dormant accounts and changing the bank account information. They’ll then post nonexistent merchandise at bargain prices, make the sell and collect...

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Retail Job Loss Tied to Consumer Behavior — Seattle Times

Consumers are shopping more online, leading to a decline in the number of retail jobs: “A combined 60,600 retail job losses over the past two months have had less to do with the health of U.S. consumer spending than with changes in buying habits. In the age of Amazon.com, traditional stores, from J.C. Penney to Macy’s, have accelerated store closures and are experimenting with the use of fewer employees to staff the remaining stores.“ Supplier Takeaway As consumers move online,...

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Online Marketplace Analysis — ECommerceBytes.com

  An overview of online marketplaces that offer third-party sellers a platform for offering their goods: “Walmart & Jet, which are both up and coming, are in my opinion, “must-use” for new sellers. With 100,000,000 monthly buyers and only 10,000 third-party sellers, Walmart represents a unique and unprecedented opportunity for online retailers, for the simple reason that there are 10,000 buyers for every seller on Walmart vs. 100 buyers for every seller on Amazon.“ Supplier Takeaway Do you sell products in...

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Where Walmart has Amazon Beat — The Motley Fool

One analyst thinks that Walmart has several advantages over Amazon: “Thanks to Jeff Bezos’s long-term mantra, Amazon has been able to earn a valuation above $400 billion with little to show on the bottom line as Wall Street has given it a special allowance. Wal-Mart’s profits not only underpin the stock’s value, but also give the company the ability to outbid Amazon for potential acquisitions and more money to invest in growth. Last year, Wal-Mart had $13.6 billion net income...

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ShoeBuy.com Purchases Shoes.com Domain — FootwearNews.com

ShoeBuy.com, recently purchased by Walmart’s Jet.com, is now the proud owner of the Shoes.com domain: “’We plan to maximize Shoes.com as the gold standard of category websites,’ Shoebuy.com spokesperson Alex Proelss said. ‘We have made a commitment to modernize how people shop for shoes, and this is [an extension] of that.’” Supplier Takeaway Once again, Walmart indicates its willingness to go “toe to toe” with Amazon, which is already the owner of famed shoe e-tailer, Zappo.com. If you are an...

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Walmart and Amazon Dress Up Fashion Offerings — Digiday.com

Walmart and Amazon are each taking a fresh look at their fashion offerings, promising more retail disruption ahead: “’This move from Walmart is to not only amp up its e-commerce strategy and compete against Amazon, but also to strengthen its personalization strategy by continuing to acquire highly curated brands, which will expand its reach to new audiences,’ said Tushar Patel, the CMO of the commerce software company, Kibo.“ Supplier Takeaway If you have written off Walmart as a potential retailer of...

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Amazon Cash Serves Underbanked — Chain Store Age

Amazon has started a new program for consumers who don’t have a credit or debit card: “Called Amazon Cash, the service allows consumers to add cash to their Amazon.com balance by showing a barcode at a participating brick-and-mortar store, with the cash then applied immediately to the consumer’s  online Amazon account.  Notably, Walmart already offers a similar type of service for customers without a credit or debit card, as does PayPal.“ Supplier Takeaway This move indicates that Amazon is seeking...

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Amazon Prime Members are Online Grocery Enthusiasts — Supermarket News

Members of Amazon Prime are more likely to visit grocery sites than non-prime members: “’Prime members are overall heavier online shoppers, so we tracked Prime and non-Prime members over a five-month period and found that Prime members are spending five more hours and visiting 50 more online shopping businesses than non-Prime members, and this extends to grocery categories. For grocery categories, Prime members were more likely to access grocery websites and apps as well.’” Supplier Takeaway Prime members are notoriously...

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Millennials Demand Better Omnichannel — RetailWire

Millennials aren’t happy with the way that major retailers are handling omnichannel sales: “Checking the website, I headed to the closest store that had my size. I walked through the store, unorganized merchandise creating no easy path to the outerwear section. Miraculously finding an associate, I asked where I could find the jacket I was looking for. The frazzled associate said, ‘Hold on.’ She then walked to the back and returned through the swinging doors empty handed. ‘We ran out...

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Amazon Tests Grocery Pickup — Chain Store Age

Grocery pickup services are proving so popular that Amazon is going out of its way to provide the service: “AmazonFresh Pickup is a drive-by grocery delivery service that allows Amazon Prime members to order groceries online and pick them up in as little as 15 minutes. The fledgling concept, which has opened two locations in Seattle, is still in a beta mode and open to Amazon employees. (Amazon is using the same strategy for its convenience store concept, Amazon Go.)“...

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