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- E-Commerce Leads Retail, Loophole Retail Giants, Etsy’s Gifting Revolution, Amazon's October Push- This week in Amazon & eCommerce - Aug 28
E-Commerce Leads Retail, Loophole Retail Giants, Etsy’s Gifting Revolution, Amazon's October Push- This week in Amazon & eCommerce - Aug 28
E-Commerce Drives Retail, Amazon Tax Aversion, Etsy’s Holiday Hub, Amazon's October Push- This week in Amazon & eCommerce - Aug 28
Who knew? eCom can actually help retail…
1. E-commerce Powers Retail Growth Amid Sluggish Market Trends: E-commerce continues to drive retail growth, despite an overall slowdown in both online and offline retail sectors. In the U.S., e-commerce spending increased by 6.5% in the second quarter of 2024, although this represents a deceleration compared to previous quarters. [Learn more]
2. How Amazon and Temu Mastered Loopholes to Dominate Retail: Amazon and Temu both capitalized on regulatory loopholes to fuel their growth. Amazon initially benefited from avoiding sales tax collection by operating without a physical presence in many states, allowing it to offer lower prices than local retailers. [Learn more]
3. Etsy Elevates Gifting with New Features and Holiday Hub: Etsy is enhancing its platform to solidify its position as a leading destination for gifts. Recent updates include improvements to the gift order experience, such as clearer instructions for gift messages and new badges to identify gift orders. [Learn more]
4. Prime Big Deal Days Key Dates and Savings for Sellers: Amazon's Prime Big Deal Days event is set for October, with FBA sellers needing inventory in US fulfillment centers by September 13. To optimize sales for Black Friday and Cyber Monday, inventory should be in place by October 19. [Learn more]
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