Around the Ecommerce world in 5 mins!

ATEW 4

Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track.

We bring to you a curated digest of ecommerce developments/happenings around the world, compiled from various publications across the Internet.

Amazon trial new ‘try now, pay later’ service

Amazon continues to expand and develop its Amazon Prime offering. Now, if you’re a UK subscriber you can opt to get 14 days to assess the goods before you pay. You can see the Amazon landing page here. As it stands, there are only two items included in the trial. They’re both cameras and both are currently unavailable so it’s likely no one has had a chance to take part (or perhaps it has been astonishingly successful.)

UK consumers want ‘country of origin’ labels for online products

About four in five adults in the UK think that online food retailers should give the same kind of information about the product’s country of origin on the website as there can be found on food packaging in supermarkets shelves. A survey commissioned by the National Farmers Union has revealed 81 percent of adults back the industry association’s plan to give online consumers the same amount of information as their offline counterparts now get.

E-commerce sales reach $105.7B in Q1 2017, to make up 8.5% of all retail sales

The US Census Bureau released its latest e-commerce report, showing retail e-commerce sales reached an estimated $105.7 billion in Q1 2017, a 4.1 percent increase over the previous quarter and 14.7 percent year-over-year increase compared to Q1 2016. The Census Bureau says the $105.7 billion estimate is adjusted for seasonal variation, but not price changes. (The non-adjusted retail e-commerce total for Q1 was 98.1 billion – which is actually down 20 percent from Q4 2016.)

Ikea could start selling on Amazon

It’s notable that Swedish flatpack and furniture giant Ikea doesn’t offer a comprehensive online offering. They prefer that we come and collect from their warehouse-like outlets with the hope we also pick up a bag of tea lights and a bowl of meatballs as we go around. Indeed I recall working at eBay, more than a decade ag,o and attending a meeting between eBay and Ikea and an Ikea executive admitting that they would like to sell more online but they weren’t sure they could cope with fulfilment.

UK inflation could be a headache for marketplace sellers

The Office for National Statistics (ONS) has reported that UK inflation rose 2.9% last month in May up from 2.7% in April. The Bank of England target for inflation is 2%, so obviously the inflation number is going in the wrong direction and pundits expect inflation to grow in the months to come.

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