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.
More than three-quarters of surveyed retailers expect 16% growth in digital revenue during the coming holiday season over last year according to a PwC survey. Last year holiday online retail sales grew 15%, according to comScore Inc., which tracks consumer web activity. Top retailers in certain categories will see much bigger online sales increases, says Steven Barr, PwC’s U.S. retail & consumer leader.
At the Shop.org Digital Summit in Philadelphia this week, social media brand Pinterest claimed it already had 60 million shoppable pins in place and counting. In addition to existing Pinterest Buy Button integrations with cloud-based e-commerce platforms Shopify and Demandware, Pinterest has also announced that users of IBM Commerce, Magento and Bigcommerce will also be able to access and integrate the Buy Buttons feature.
Target has announced that it will grow its online brands business through key partnerships over the next two years. The first partnership in this strategy is with South African-owned UK fast fashion youth brand NEW LOOK. Target launched the brand through a pop-up-style online shop on the 1st of October, 2015. This strategy is aimed at building on the successful collaborations with designers and celebrities such as Dannii Minogue, Curtis Stone, Giaan Rooney, Collette Dinnigan and Lisa T.
A former Seller Support rep at Amazon conducted an AMA (Ask Me Anything) session on Reddit. While we saw no proof of his (or her) identity, Amazon sellers discussing the session later said judging by the answers, it seemed certain “Formersesu” was legit. As to be expected, many of the questions from sellers involved suspensions and policy violations – in fact, the word “terrified” was used to describe the fear in which many lived.
eBay launched a pilot program in Germany called Monchengladbach on eBay to help local retailers in that city. The project is a collaboration between eBay and mg.retail2020. Fifty local shopkeepers will be featured on the home page of mg-bei-eBay.de, offering about 200,000 items. The website tells shoppers, “Buy online from familiar retailers in Monchengladbach and Rheydt. Discover new shops on site and take advantage of regional resources. You enjoy the benefits of shopping on the Internet and from the shopping in your city.”