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Digital Commerce 360 03/20/2019 18:01
Holiday shoppers broke records in 2018, spending $6.22 billion online on Black Friday and nearly $8 billion on Cyber Monday, according to data from Adobe Analytics. That’s up 23.6 percent and about 18 percent, respectively, from 2017 figures. And those aren’t just nice numbers to close out 2018 — they’re good signs moving into 2019, especially for […]. The post Can subscription retailers win over gift givers this year? appeared first on Digital Commerce 360 .
Digital Commerce 360 03/20/2019 17:45
Online florist FTD, No. 138 in the Internet Retailer Top 1000, is going to need a little TLC to survive this summer. The retailer, which operates brands including ProFlowers and gift retailer Shari’s Berries, wrote Monday in a U.S. Securities and Exchange Commission filing that it may run out of funds to continue to operate its […]. The post Online florist FTD may be wilting appeared first on Digital Commerce 360 .
Digital Commerce 360 03/20/2019 17:09
Distributors of electrical products have a new ecommerce and web content platform to consider, designed to help them personalize online buying experiences for customers with extensive content from manufacturers. The platform, called EvolutionX-Electrical, Powered by DDS Content, is a software platform designed to let business managers build personalized and content-rich ecommerce sites for buyers of […]. The post An ecommerce platform launches for electrical distributors appeared first on Digital Commerce 360 .
Digital Commerce 360 03/20/2019 16:57
Based in the Iron Range of northern Minnesota, with its early-‘80s roots in selling industrial-grade gear to mining companies, SIM Supply Inc. has gone through multiple changes to become the diversified and multichannel distributor it is today. “We started carrying products that miners use night and day, above the quality level of regular products that […]. The post A distributor grows via Amazon Business and other marketplaces appeared first on Digital Commerce 360 .
Digital Commerce 360 03/20/2019 16:46
(Bloomberg)—U.S. tech giants might have a respite after two decades of European Union antitrust investigations. But not for long. While Google just got a third, and possibly final, EU fine on Wednesday, regulators still have their eyes on Amazon.com Inc. (No. 1 in the Internet Retailer 2018 Top 1000), Apple Inc. (No. 2) and Facebook […]. The post EU sets its sights on fining Amazon and Apple appeared first on Digital Commerce 360 .
Digital Commerce 360 03/20/2019 16:40
B2BecNews, recently published study results that indicate most manufacturers and distributors are behind in developing a mobile strategy. In fact, less than 50% of manufacturers currently have a website that is optimized for mobile. I’d like to start by addressing why mobile is being underutilized by many B2B organizations, as well as outline the different […]. The post How to Bring Your B2B mobile strategy up to speed appeared first on Digital Commerce 360 .
Digital Commerce 360 03/20/2019 12:14
(Bloomberg)—Alphabet Inc.’s Google was fined 1.49 billion euros ($1.7 billion) by the European Union for thwarting advertising rivals, a penalty that may be EU antitrust chief Margrethe Vestager’s third and final attack on the U.S. tech giant. It brings the total Google has been ordered to pay to 8.2 billion euros ($9.3 billion) in EU […]. The post EU fines Google $1.7 billion appeared first on Digital Commerce 360 .
Digital Commerce 360 03/19/2019 18:35
U.S. ecommerce retail growth dipped slightly in 2018, and 40% of 2018’s $517 billion in domestic online retail sales went to Amazon. How can smaller U.S. ecommerce retailers compete and grow their businesses? One option is to sell their products on Amazon and other marketplaces in addition to their own online stores. But there’s another […]. The post Fraud fears limit cross‑border ecommerce, but they don’t have to appeared first on Digital Commerce 360 .
Digital Commerce 360 03/19/2019 18:02
The programmatic revolution in the late 2000s helped build a comfortability level for data with marketers—and once we had a taste, we wanted more. New use cases for audience data applications began to pop up, and not just for targeting ads, but for all phases of the campaign lifecycle: research, planning, budget allocation, ad creation, […]. The post Why retail marketers can’t dismiss third‑party data appeared first on Digital Commerce 360 .
Digital Commerce 360 03/19/2019 16:42
(Bloomberg)—Millennial makeup company Glossier Inc. just became New York’s latest tech unicorn. Founded in 2014, Glossier now has more than 200 employees and operates in the U.S., Canada, the U.K., Ireland, France, Denmark and Sweden. It’s annual revenue more than doubled in 2018 to surpass $100 million, the company said. The beauty startup that sells […]. The post Glossier raises $100 million appeared first on Digital Commerce 360 .
Digital Commerce 360 03/19/2019 16:18
(Bloomberg)—Stores are closing daily on the U.K.’s shopping streets in a crisis reminiscent of the U.S. retail apocalypse, and there’s no sign of a bottom. The latest casualties include Kate Middleton’s fashion favorite L.K. Bennett, cake baker Patisserie Valerie and entertainment retailer HMV, which has collapsed into insolvency twice. Department-store chain Debenhams PLC (No. 30 […]. The post Retailer casualties are increasing in the UK appeared first on Digital Commerce 360 .
Digital Commerce 360 03/19/2019 16:18
Overstock.com Inc. is no longer trying to sell its retail division. The retailer spent most of last year looking for prospective buyers. And, to combat competitor Wayfair Inc. and rectify its deteriorating traffic from organic search, Overstock “hit full throttle on advertising” at the start of 2018 to increase its traffic, CEO Patrick Byrne told investors […]. The post Overstock refocuses on profitability appeared first on Digital Commerce 360 .
Digital Commerce 360 03/19/2019 13:22
(Bloomberg)—Kerry Franciscovich describes herself as a lifelong garage-sale scavenger, reselling her finds over the years on eBay Inc. So, when she wanted to earn some extra spending money, she decided to step up her online game. With merchandise she bought from Bulq.com, a new online business that sorts and repackages returned items into boxes and […]. The post Amazon spawns booming resale market appeared first on Digital Commerce 360 .
Digital Commerce 360 03/19/2019 12:13
In recent months, Facebook Inc.-owned Instagram has been exploring various ways to transform the photo-sharing app into an ecommerce platform. And on Tuesday it took its biggest step to date in announcing that it is testing a shopping feature, called Checkout, with a handful of retailers including Nike Inc., No. 27 in the Internet Retailer 2018 Top […]. The post Consumers can now buy directly within Instagram appeared first on Digital Commerce 360 .
Digital Commerce 360 03/19/2019 09:00
Given Amazon’s dominance and the fact that Prime members receive free shipping, there is a perception that every shopper receives free shipping on every purchase. Internet Retailer and Toluna surveyed 969 online shoppers in March to assess their free shipping behavior and put it in context for retailers. Shipping costs are significant for many retailers […]. The post The Shopper Speaks: Does anyone really pay for free shipping? appeared first on Digital Commerce 360 .
Digital Commerce 360 03/18/2019 16:09
The importance of executives charged with overseeing digital strategies appears to be steadily increasing at major ecommerce players and industrial products distributors W.W. Grainger Inc. and MSC Industrial Supply Co. At Grainger, total compensation in 2018 for Paige Robbins, senior vice president and chief digital officer, nearly doubled to $2,253,319, up 91.3% from $1,178,103 in [...]. T.
Digital Commerce 360 03/18/2019 15:54
Ecommerce is shining bright at Richline Group, says Lee Senderov, executive vice president of digital commerce. Richline is the parent company of web-only jewelry retailers Gemvara.com, Jewelry.com, Honora.com and Silpada.com. Across all of its brands, online sales increased by a double-digit percentage last year, Senderov says, citing the holiday season as a key driver of […]. The post Online jewelry sales shine at Richline Group appeared first on Digital Commerce 360 .
Digital Commerce 360 03/18/2019 15:41
The concept of omnichannel marketing—releasing content across multiple channels and touchpoints to create a complete, integrated customer experience—is a well-established one, but it’s incredibly relevant in a digital-first world. Customers today tend to move seamlessly between devices and channels during their experiences with brands, whether it’s a long-term B2B buying decision or a consumer goods […]. The post Too much omnichannel? Figure out how much is enough appeared first on Digital Commerce 360 .
Digital Commerce 360 03/18/2019 15:34
Oracle Corp.’s shares fell after the company gave a disappointing fourth-quarter revenue and profit forecast, another setback in the software maker’s push to become a significant player in cloud computing. Sales in the current period will be little changed or decline as much as 2 percent from a year earlier, co-CEO Safra Catz said on […]. The post Oracle strives to hit expected cloud computing sales appeared first on Digital Commerce 360 .

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