Shopify's Market Network, Pinterest Complete the Look, Logistics Costs Skyrocket, How to Navigate APAC
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Here’s Everything We Announced at Shopify Unite 2019 – Shopify
At this year’s conference, Shopify leadership took the stage to talk about the future of commerce, and to give the partner and developer community a look at our product roadmaps.
To help you make sense of it all, we’ve put together a high level view of every product update and launch announced from the Shopify Unite mainstage.
Winning the attention of today’s buyers has a lot to do with weaving a powerful brand story—in fact, based on the current usage of Shopify AR , we know that interacting with a product in augmented reality significantly improves conversion rates. We also made it our goal to create an updated POS app that prioritizes quick and seamless workflows, helping store staff focus on what’s most important to them: human-to-human customer interactions and making each sale a positive experience.
Google Wants a Piece of the Ecommerce Marketplace
Google's redesigned version of Google Shopping brings its online marketplace center stage.
But will the new platform which merges Google Shopping with the company’s existing retail marketplace, Google Express will be able to compete with the likes of Walmart, eBay and Amazon?
Pinterest Expands Ecommerce Capabilities with Complete the Look
Pinterest is expanding its reach in ecommerce with Complete the Look, a new feature that leverages rich scene context to recommend visually compatible results to shoppers in both fashion and home decor.
Pinterest is expanding its reach in ecommerce with Complete the Look, a new feature that leverages rich scene context to recommend visually compatible results to shoppers in both fashion and home decor, according to a blog post by the company.
“However, these approaches ignore real-world ‘scene’ images, such as a street style Pin, which can bring complexity with variations in lighting and pose, but on the other hand could potentially provide key context (e.g. the user’s body type, or the season) for making more accurate recommendations,” said Pinterest in the blog post.
While that may or may not be what Pinterest has in mind with Complete the Look, I love how influencers recommend an entire look, including things like the table in the background or the chair they’re sitting on.
Amid eCommerce Rise, Logistics Costs Up 11.4 Pct In 2018
To that end, in the Council of Supply Chain Management Professionals ( CSCMP ) State of Logistics Report 2019, presented by Penske, AT Kearney reported that logistics costs are continuing to rise, buoyed by continued strength in the economy.
The trade war may have given a lift to inventory build, too — but may prove a double edged sword over the near term.
And as noted in this space earlier in the month by Karen Webster, the emergence of the “search pay and logistics” continuum has fostered growth in the embrace of eCommerce, speedier delivery times, and, of course, a growing emphasis on syncing physical deliveries with online transactions.
Cotton On insights into navigating APAC - the world’s fastest growing ecommerce market
Forty per cent of Cotton On’s Australian ecommerce sales now come through buy, now, pay later channels like Afterpay. While in Malaysia the preferred
The difference in payment preferences in Asia Pacific is just one factor retailers need to navigate when looking for opportunities in the fastest growing ecommerce market in the world.
During the presentation James Johnson, Director Industry Strategy, Retail & Consumer Goods, Salesforce shared data from eMarketer which In the South East Asian countries, Johnson noted Indonesia is coming online very rapidly, experiencing 45 per cent year-on-year growth in some of their sectors.
Why Brands and Retailers Are So Excited About Rental Services
“These platforms offer an easy way to expose younger audiences to luxury labels they may be resistant to — to gain their trust and ultimately become buyers with a low initial risk to their pocketbook.”
Women’s apparel company New York & Co. became the first established retailer to offer a rental model in July 2017, while Express and Ann Taylor launched their own versions in late 2018.
David Hayne, chief digital officer for URBN and president of Nuuly, told FN he believes the model will be sustainable for the company as it aims to meet changing consumer demands.