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.
Big U.S. manufacturers and wholesalers certainly aren’t one-trick ponies when it comes to conducting business-to-business e-commerce. In fact the biggest 100 B2B companies ranked in the newly published 2016 B2B E-Commerce 300 use as many as four different forms of web-based e-commerce to sell online to their business customers. E-commerce for manufacturers of all sizes takes multiple forms and can take years to implement, says Heather Ashton, research manager with consulting firm IDC Manufacturing Insights.
The holiday shopping season is a marathon, not a sprint, but one large retail chain has a head start on the competition. Best Buy Co. Inc. wins the prize for being the first large retailer this year to move full-blast into holiday season messaging and promotions. The consumer electronics retail chain began using its “win the holidays” theme on social media Oct. 6, and also promoted it on BestBuy.com. Best Buy, No. 37 in the Internet Retailer 2015 Top 500 Guide, then added free shipping on all web orders for the season starting Oct. 25 and began airing its corresponding national TV campaign.
Executives at Nike Inc. put their e-commerce stake in the ground earlier this month—touting to investors their plans to grow web sales 600% by fiscal 2020 to $7 billion from $1 billion today. While the web currently represents only 2% of its total sales of $30.6 billion, Nike projects that portion to grow to around 14% in the next five years. Nike projects it will grow total sales to $50 billion by 2020, meaning e-commerce will account for nearly one-third of the company’s overall growth.
Retailers saw significant year-over-year gains in e-commerce and mobile commerce revenue during the third quarter. That’s according to a newly released survey, the MarketLive Performance Index, from e-commerce technology and services provider MarketLive Inc. MarketLive analyzed domestic revenue and traffic figures from its retail clients, which included retailers that operate stores and e-commerce sites as well as online-only retailers across several sectors—Beauty & Health and Apparel, Footwear & Accessories, for example—over a 15-month span.
Wal-Mart Stores Inc.’s e-commerce site won’t be offering free unlimited shipping this holiday season—eschewing a tactic that many U.S. shoppers seek—as it focuses instead on getting online customers to pick up items at stores. Shoppers who spend less than $50 on Walmart.com will either have to pay for shipping or arrange to have their items sent for free to a physical store, the Bentonville, Arkansas-based company said Thursday.