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In this week's edition of the Ecommerce and Marketplace Newsletter, we see good news from the retail sector as the National Retail Federation, Digital Commerce 360, and Retail Dive cover some encouraging growth statistics from January. These retail tailwinds and many other factors could help Temu Inc take on Amazon in the United States, as covered by Forbes while we hear about the B2B side of the market, including some demonstrative success tips from commercetools,...

The following article is based on the recently released Marketplace Monetization: How to Make Money as a Multi-Vendor Ecommerce Operator book by Tom McFadyen and other SME contributors, which has recently reached #1 status in three Amazon categories. The book is available for purchase in Paperback Print and Kindle Edition formats. The exploding popularity of the online marketplace model has brought new and exciting ecommerce growth possibilities to organizations all around the world utilizing an expanding...

In this edition, CNBC story reports that Amazon has introduced Rufus, a generative artificial intelligence-based shopping assistant designed to aid customers in finding products. CEO Andy Jassy stated that the company intends to integrate generative AI throughout all its business operations. Rufus uses Amazon's product catalog, customer reviews, and Q&As, as well as information from across the web, to answer questions. Nowadays, the typical shopper uses three different marketplaces for online purchases as alternative platforms...

In this edition, Webhelp talks about the rapid rise of marketplaces and the four new vital retail trends to watch out for in 2024. It looks at some of the trends behind the marketplaces boom and how the retail industry is reshaping itself around the rise of marketplaces. The economic prospects for online marketplaces have significantly improved, fueled by the pandemic's impact on consumer habits a few years ago, and have grown more attractive ever...

In this edition, the lead story from Forbes gazes at the future of e-commerce and the trends to watch out for in 2024. Digital commerce is an ever-evolving sector; as technology swiftly progresses and consumer tastes shift, businesses must stay at the forefront to maintain competitiveness. In 2024, new trends are poised to redefine the e-commerce landscape. According to the National Retail Federation, holiday sales experienced a 3.8% increase compared to the previous year, reaching...

In this edition - Integrating embedded payment methods, such as digital wallets and Buy Now, Pay Later (BNPL) options, is becoming more prominent on online marketplaces like Amazon, eBay, and Rakuten. A study titled "Embedded Payments and the Retail Innovation Agenda," conducted jointly by PYMNTS Intelligence and Carat by Fiserv, reveals notable trends in this area.PYMNT reports how online marketplaces prioritize digital wallets and BNPL for payment options. As 2024 begins, manufacturers face an added...

In our opening edition of 2024, we are excited to announce "Marketplace Monetization: How to Make Money as a Multi-Vendor Ecommerce Operator," a new 258-page book focusing on ways to optimize the profit of any retail or B2B commerce ecosystem that will launch at the National Retail Federation Big Show on January 14th. Authored by digital commerce industry veteran Tom M McFadyen, author of the Amazon best-selling "Marketplace Best Practices," this book is a treasure...

In our last edition of this year, we bring you "Predictions 2024 (Video)- Scott Galloway's unfiltered predictions on business, tech, and more. Last year, Scott Galloway predicted that AI would be the most important tech development of the year. ChatGPT reached 100 million active users two months later and set a record as the fastest-growing platform. Scott also predicted that Disney would acquire Roblox, but hey – you win some, you lose some. Here, he...

In this week's lead story, Forbes gazes into the future on what we can anticipate for brands engaged in selling and advertising on retail platforms like Amazon , Walmart.com, and Instacart in 2024. The speed at which the retail marketplaces and retail media landscape evolve is accelerating. In addition to numerous other advancements, 2023 witnessed significant milestones, such as integrating generative AI into online shopping and establishing the groundwork for standardizing retail media measurement. Marketplace...

This week's lead story focuses on Cyberweek 2023's Key Takeaways for online marketplaces. The results for Cyber Week 2023 have exceeded expectations, with data from Adobe Analytics indicating that it generated approximately $38 billion in sales, marking a 7.8% increase from the previous year. Cyber Monday saw total spending of $12.4 billion, a 9.6% year-over-year increase, making November 27, 2023, the most significant online shopping day in history. Retail Technology Innovation Hub reports that online...

This edition's lead story looks at why 2023 has been the year of the marketplace seller. Online marketplaces have been the talk of the town for the last couple of years. But, while they continued to make headlines in 2023, marketplaces themselves were no longer the hot commodity this year; marketplace sellers were. Retail TouchPoints' story looks at the changing dynamics of the marketplace industry landscape, with newer platforms having become sophisticated enough to challenge...

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