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Ecommerce & Marketplaces Newsletter – April 26 , 2024

In this edition, we feature articles by the NY Post, Core DNA, Lit Commerce and several others. The news on the TikTok ban continues as they vow to fight any law that forces its parent company to sell the popular video-sharing app. The world of e-commerce is booming, offering what appears to be a limitless number of options for buying and selling virtually anything. These items and other marketplace plus ecommerce news are covered in this week’s newsletter. #onlinemarketplace #ecommerce #digitalmarket #marketplace #marketplace #newsletter #digital #brands #retail #logistics #distribution

Notable news from the past week

TikTok vows to fight ‘unconstitutional’ ban after House passes bill

TikTok has vowed to fight any law that forces its China-based parent company to sell the popular video-sharing app or face a US ban after the House of Representatives tied the bipartisan proposal to a crucial aid package for Ukraine and Israel. Michael Beckerman, TikTok’s head of public policy for the Americas, told staffers in a memo after Saturday’s vote that the ban was unconstitutional and that TikTok would go to court in an effort to strike it down.

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Kuwait’s national oil company drills down on ecommerce

Public details are limited, but the Kuwait Petroleum Corp., one of the world’s biggest oil companies in one of the largest oil-producing nations, is developing a widescale ecommerce initiative. The national oil company of Kuwait announced an ecommerce initiative as one part of a multiyear digital transformation plan.

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Amazon Added 5 Million Sellers Since 2018

More than 2,000 new sellers are joining the Amazon marketplace every day. This growth is invisible to shoppers but confirms Amazon’s role as the go-to platform for entrepreneurs. According to Marketplace Pulse research, Amazon has added nearly 5 million sellers since 2018. Roughly 40% of them joined the marketplace in the U.S., and the rest — one of the twenty international marketplaces (sellers selling on multiple marketplaces were counted once).

Trends in eCommerce: How Top eCommerce Models Drive Success

The world of e-commerce is booming, offering what appears to be a limitless number of options for buying and selling virtually anything. However, beneath its click-to-buy interface are multiple business models that support everything from fashion purchases to furniture delivery. The article from Core DNA provides an insight into various new models that have changed the way things are done in e-Commerce.

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The Growing U.S. – China Ecommerce Rivalry will Make 2024 the Year of Commerce Media

Ecommerce continues to climb to new heights in the U.S., where recently released figures for Q4 2023 show that sales reached nearly $325 billion. But America looks set for an ecommerce war. Having spent a whopping $3 billion on online advertising in the U.S. in 2023, China’s Temu is hoping that its online advertising blitz can help it establish a foothold in what is traditionally Amazon’s territory.

Top 10 Most Important Amazon Performance Metrics to Track

In the crowded Amazon marketplace, simply listing products isn’t enough. Success on Amazon requires understanding and using various Amazon seller metrics to create effective strategies. These metrics influence everything from product visibility to customer trust. This article delves into the 10 essential Amazon performance metrics and their role in business growth.

Last Mile Delivery: Untangle Complexity to Delight Global Shoppers

Last mile delivery, the final stage of the logistics process from a distribution centre to the end customer, presents significant challenges for retailers. This crucial phase plays a pivotal role in shaping customer satisfaction, operational costs and overall business profitability. But last mile delivery is often one of the roadblocks for brands wanting to expand their DTC presences into new markets. This article by ESW delves into the challenges that last mile delivery logistics present.

To subscribe to the Ecommerce & Marketplaces Newsletter, please complete the subscription form on this page (either to the right or below this article, depending on device). If you have any suggested content for this newsletter or would like to discuss evolving your organization’s digital commerce, please write to us at info@mcfadyen.com.

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