Channel: Marketplace

Articles about marketplaces.

  1. Channel: Marketplace

Gopuff Launches White-Label Instant Delivery Platform for CPG Brands

Gopuff has launched Powered by Gopuff, a platform designed to enable brands to offer delivery services from their owned and operated online storefronts by leveraging Gopuff’s logistics network, instant fulfillment infrastructure and technology. In addition to fulfillment services, CPG brands using Powered by Gopuff will be able to leverage online ads and marketing to drive […]
2 min read
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  1. Channel: Marketplace

Powered by Gopuff makes its debut with 20 plus CPG partners leveraging the instant commerce platform

Gopuff has announced the launch of Powered by Gopuff, a logistics and technology platform that, according to the quick commerce big hitter, enables brands to offer affordable delivery from their owned and operated online stores in as fast as 15 minutes. “We’ve spent the last ten years building and scaling our own hyper-local logistics network […]
2 min read
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  1. Channel: Marketplace

Shopify Helps Hawaiian Brands Say ‘Aloha’ to NYC

Shopify is partnering with Mana Up, an accelerator and venture fund for Hawaii-based products, on an immersive market concept designed to spotlight emerging brands from “the Aloha state.”   Aloha Market will run April 26 to 28, 2024, at Shopify’s NYC activation space in SoHo, and will feature unique products from more than 40 Hawaii creators […]
2 min read
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  1. Channel: Marketplace

Marketing Spending Benchmarks and Managing Digital Marketing Returns

This webinar discussed findings from the 28th edition of The CMO Survey with a focus on benchmarks for marketing spending and managing digital marketing returns. Professor Christine Moorman, Founder and Managing Director of The CMO Survey and the T. Austin Finch Sr. Professor of Business Administration at the Fuqua School of Business at Duke University […]
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  1. Channel: Marketplace

Shopify Gets SaaSy With Small Business

Small to midsized businesses (SMBs) have been caught between a rock and a hard place by their SaaS platforms. Everyone knows interest rates have been rising and inflation has also lifted prices. However, the seemingly endless and automatic “price changes” announced by billion-dollar software companies like Shopify are endangering the very existence of SMBs. Shopify […]
2 min read
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  1. Channel: Marketplace

The online gloves are off: BigCommerce CEO Brent Bellm slams “baseless” Shopify total cost of ownership claims

Brent Bellm, Chief Executive Officer at BigCommerce, has taken to social media to hit out at e-commerce rival Shopify. Last week, the latter flagged up a study claiming that it has the best total cost of ownership in commerce. “We are better value because where our competitors put their complexity onto the backs of their […]
3 min read
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  1. Channel: Marketplace

3 Ecommerce Logistics Trends that are Changing Retail Right Now

The ecommerce industry has experienced rapid growth in recent years, with global sales reaching an estimated $5.8 trillion in 2023, according to research by Statista. The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. […]
4 min read
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  1. Channel: Marketplace

With a Ban Looming, TikTok Pushes Forward with New Commerce Features

Last week, the U.S. House of Representatives approved a bill that would force TikTok owner ByteDance to sell its ownership of the app or face a ban in the U.S. Despite (or perhaps because of) this political pressure, TikTok is pushing forward on some big commerce ambitions — and the popular platform is putting success […]
2 min read
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  1. Channel: Marketplace

Beyond Acquires Zulily, Plans to Revive Brand in Q2

Beyond, Inc. — parent company of Bed Bath & Beyond and Overstock.com — has acquired the intellectual property of defunct flash-sale retailer Zulily, following that platform’s abrupt wind-down of its business in late 2023. Newly appointed Beyond, Inc. Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. Beyond paid $4.5 million in […]
3 min read
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  1. Channel: Marketplace

Navigating The Digital Shift In Pre-Owned Retail: A Guide For Small Businesses

Are you ready to catapult your pre-owned retail business into the digital universe? Transitioning from a physical shop floor to the online market is like swapping a bicycle for a spaceship. But fear not! We’ve got your back with 7 steps that’ll guide you through this galaxy of eCommerce.  From understanding who’s gonna buy your […]
4 min read
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  1. Channel: Marketplace

How to Overcome E-commerce Shipping & Delivery Challenges

The shipping and delivery phase of an e-commerce order is filled with opportunities or ‘touchpoints’ that you can capitalize on to convert one-time shoppers into repeat customers and spread positive word of mouth to influence their close ones, all while hoping that you don’t encounter any challenge that can infuriate your customers and get your […]
7 min read
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  1. Channel: Marketplace

Beyond Accelerates Overstock Resurrection Following ‘Fatal’ Branding Mistake

Beyond, Inc., owner of online retail brands Bed Bath & Beyond (BB&B) and Overstock, will bring back a standalone Overstock.com site in approximately five weeks rather than the September 2024 target date announced earlier. Beyond rechristened its Overstock site with the Bed Bath & Beyond name in June 2023 after it acquired the bankrupt retailer’s […]
2 min read
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  1. Channel: Marketplace

Beyoncé hits Shopify as her new haircare brand Cécred goes live on e-commerce platform

American singer, songwriter and businesswoman Beyoncé’s new haircare brand, Cécred, has gone live on Shopify. After teasing her fans (aka the BeyHive) about the venture last May, Beyoncé recently took to social media to announce her first ever beauty brand. Captioning a post on Instagram with “hair is sacred”, an accompanying video interspersed archive footage […]
2 min read
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  1. Channel: Marketplace

Remarkably Creative Commerce with Beth Ann Kaminkow, Global CEO, VMLY&R

Our guest this week is Beth Ann Kaminkow, Global CEO, VMLY&R who joins us to talk about the ever changing landscape of retail and consumer branding, customer engagement, and loyalty. In particular with dip into what defines high performance retail and the emerging world of “creative commerce.”  We also get a sneak preview of her […]
3 min read
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  1. Channel: Marketplace

Post-Purchase Experience And Customer Lifetime Value (CLV): Relationship Goals

The success of an e-commerce business depends on a lot of factors — venturing into new markets, net profits made during a quarter, rapport shared with customers and the general public, offering quality products and services, etc. As a merchant, you initiate and perform a list of activities that contribute to said success — be […]
7 min read
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  1. Channel: Marketplace

DNA Payments Group hires Adyen’s Jan-Pieter Lips as CEO as it eyes next phase of growth in UK and EU

DNA Payments Group, an omnichannel payments company operating in the UK and EU, has appointed former Adyen executive, Jan-Pieter (JP) Lips, as its new Chief Executive Officer.  He will be responsible for DNA Payments’ next period of growth as the company continues to develop and provide payments solutions into fast growing vertical market sectors such […]
2 min read
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  1. Channel: Marketplace

Kitchen Brand Houzer Invests in D2C Growth

While at NRF 2024: Retail’s Big Show in New York City this week, Editor-in-Chief Joe Keenan spoke with Michael Challinger, CEO of Houzer, an emerging kitchen and bathroom product company, to learn more about the brand’s partnership with commerce platform BigCommerce. Challinger discusses transforming the Houzer digital business after joining the company as CEO, why […]
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  1. Channel: Marketplace

Retail’s new crystal ball: how transaction data gives you a competitive edge

Imagine if, a decade ago, your retail business could have seen how and where consumers were adopting e-commerce. Imagine if you could have observed how adoption patterns differed by age group and by location. And imagine if you had had access to all this data in real time. You could have made informed decisions to […]
4 min read
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  1. Channel: Marketplace

Faire’s Charlotte Broadbent: can independent retailers drive a high street resurgence in 2024?

After a bruising year for retail, there are finally some reasons for optimism going into 2024, says Charlotte Broadbent, General Manager in the UK at Faire, an online wholesale marketplace. The holiday season appears to be delivering to expectations. The freeze on business rates has put real cash in retailers’ pockets. And while I hear […]
3 min read
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  1. Channel: Marketplace

3 Ways AI Can Benefit Retailers in 2024

The National Retail Federation forecasted 2023 holiday sales to grow between 3 percent and 4 percent. And while sales growth has slowed due to the pandemic, economic uncertainty, and other factors, retailers must still compete — if not compete even harder — for consumers’ eyeballs and wallets. The smartest retailers will leverage advanced technologies like […]
2 min read
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  1. Channel: Marketplace

4 Ways QR Codes are Transforming the Retail Shopping Experience

The next era for retail is already underway, and it all starts with the simple but powerful scan of a code. Nearly 50 years ago, UPC barcodes changed the game for retailers everywhere, and now we’re on the cusp of another massive transformation. According to GS1 US, a member of the GS1 global not-for-profit organization […]
5 min read
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  1. Channel: Marketplace

Why Shopify’s 2023 AI Releases Could Change the SMB E-Commerce Game

Rare is the e-commerce small to midsize business (SMB) that has the time, resources and expertise to build its own website. It’s basically Amazon.com, Shopify, a Shopify competitor, or bust. Thanks to a bunch of artificial intelligence-powered releases from Shopify in the second half of 2023, that’s not necessarily as limiting as it might sound. […]
3 min read
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  1. Channel: Marketplace

Are retailers ready for peak returns season?

This audio is auto-generated. Please let us know if you have feedback. Despite tight budgets and wariness about the economy, U.S. consumers have come through for retailers in 2023, and that has continued into the all-important fourth quarter. Even with some holiday promotions moving into October, Black Friday and Cyber Monday helped push November retail […]
4 min read
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  1. Channel: Marketplace

Four Principles For Designing A Retail Space

Design is a key aspect of setting up a retail space, as the aesthetic appeal of a business can greatly improve its chances of success. This is because retail stores that are created with their customers and design trends in mind are typically inviting and interesting to look at, which encourages people to come in […]
2 min read
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  1. Channel: Marketplace

Including HMV, Asda, and Ikea UK: RTIH presents the retail technology week in numbers

Do you like numbers? Do you like retail systems news? Then this is the article for you. Including TrusTrace, New Look, Square, Fossil Group, NewStore, InPost, and the 2023 RTIH Innovation Awards. 5…This week, we announced the winning submissions for the 2023 RTIH Innovation Awards, sponsored by PMC, FreedomPay, Worldpay from FIS, CADS, 3D Cloud […]
6 min read
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  1. Channel: Marketplace

How CPG Brands Can Deliver a Best-in-Class DTC Experience DSI

“We started realizing that DTC was the fastest way to get our products in front of consumers and get real-life feedback.” — Carter Jensen, Senior Manager of Global Ecommerce, General Mills In recent years, we’ve seen upstart and digitally native brands launch their own direct-to-consumer (DTC) experiences, but General Mills is proving legacy brands and […]
11 min read
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  1. Channel: Marketplace

Target’s April 2024 Circle Sale was its largest by sales lift

Track General Merchandise spending free Access chart in Dash. Target’s April Circle Sale generated 7% more sales than the weekly average in the previous 4 weeks according to Earnest credit card data. This represents a 2 point acceleration in the Circle Sale’s contribution to Target’s topline compared to Target’s October sale. Target Circle is a […]
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  1. Channel: Marketplace

TikTok Shop customers spend more at lower ticket apparel retailers

Download full TikTok Shop report Access TikTok and Panel data in Dash. TikTok Shop customers spent 26% of their apparel wallet on Off-Price Department Stores and 11% on Fast Fashion in the 12-months ended February 2024, compared to 24% and 7% for the average shopper. Conversely, TikTok Shop users spent less than their peers at […]
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