BigCommerce is with Bolt, Amazon buys Veeqo, and Swiftly teaming up with small retailers--seems like a lot of partnerships are brewing in the e-comm space. Details inside ............................................................................
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BigCommerce is attempting to take a bigger bite of the pie by persuading Shopify merchants to switch.
Salsify, the Commerce Experience Management (CommerceXM) platform, has just released a new report on how to tailor successful omnichannel shopping experiences that customers expect.
Swiftly, a startup based in Seattle has secured $100 million to provide software to small retail grocers.
Amazon buys Veeqo, a start-up that assists merchants in managing their online operations.
Top Retail and E-commerce Stories
BigCommerce is Coming for Shopify: BigCommerce Partners with Bolt to Take On Shopify
Will you be jumping ship? BigCommerceand fintech company, Bolt, are attempting to push ahead with their partnership aimed at reducing the checkout time for BigCommerce's tens of thousands of merchants. Bolt's checkout software safely stores customers' payment information for one-click payments. BigCommerce's commerce-size merchants can now use the software, but the expanded cooperation will allow all BigCommerce retailers to use it. According to BigCommerce, vendors utilizing Bolt's one-click checkout have a conversion rate that is up to 53% higher than those who do not.
PayPal, Amazon, and Shopify currently dominate the checkout stage, which is becoming an increasingly competitive space as more players enter the market.
The Omnichannel Revolution: Salsify Reveals the Secrets of Successful Omnichannel Shopping Experiences
Decoding the #Omnichannel experience. We've all heard the term, but what does it really mean? In short, it's providing customers with a consistent shopping experience whether they're in-store, online, or using a mobile app.
Salsify's new reportentitled"Breaking Down Barriers to Winning Commerce"helps companies and stores navigate this profound shift in which customers determine how, when, and where they buy things. According to the report, if consumers don't find the needed product information online or in-store, 46% of retail shoppers in the US would abandon their online and in-store purchases.
Salsify's report further discusses the new set of challenges merchants and brands face, including:
Increased complexity in the consumer journey
Siloed POS channels
IT and data challenges and more
Startups and Grocers Team Up Against Amazon: Scan, Shop and Save with Swiftly’s Grocery App
Grocers, take note!Swiftly, a Seattle-based startup that provides software to brick-and-mortar grocery stores like Family Dollar and The Save Mart Companies, has raised $100 million in a Series B funding round.
Blending the in-store and e-commerce experience, Swiflty's solution powers grocery-branded apps that allow customers to locate things faster, recall prior purchases quickly, scan goods for checkout with their phones, and avoid long queues at the cash register. Customers may also schedule home deliveries for items that they can't locate on the store shelves or they can also arrange curb pickups.
The Amazon Corner
You Have a Deal: Amazon Buys Veeqo, a Start-Up that Assists Merchants in Managing their Online Operations
The e-commerce world is changing...again! Amazon has bought Veeqo, a firm that develops tools for online retailers to sell items on and off Amazon.
Amazon is expected to take around 40% of the nation's e-commerce sales, but it has long been interested in getting a cut of online transactions on other platforms like eBay, Etsy, Shopify, and Walmart. In this case, Amazon would receive a portion of sales from other sales platforms by charging sellers for services that help them fulfill orders on Walmart's site.
By purchasing Veeqo, Amazon may integrate more sophisticated tools for merchants into its Multi-Channel Fulfillment solution, which could make it a more attractive tool for online retailers.
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On this 23rd episode of The E-Comm Show, our host and BlueTuskr CEO Andrew Maff is with Emily Miethner of Travel Cat, one of the few pet brands focused on delivering the best travel gear for cat parents.
In this episode with Emily, we take a deep dive on branding and community-building through traditional and digital marketing channels and organic and paid marketing strategies. From trade shows and conventions to effective social advertising and influencer marketing, listen to Emily and Andrew discuss everything you need to know on how to build a strong community that can scale your e-commerce brand.