How Covid Has Changed Retail
E-commerce is Stronger Than Ever According to Forbes, e-commerce sales have grown 129% from last year, and are estimated to hit $709.78 billion by the end of 2020, making history for the largest e-commerce sales increase in a single year. Such growth marks a huge change that emphasises the importance of prioritizing e-commerce in today’s […]
CommerceHub + Dsco: Creating the New Digital Supply Chain
Let’s face it, no retailer’s marketplace will be able to compete with Amazon (or Walmart) when it comes to general assortment size. It’s also very difficult to compete in terms of shipping costs, membership perks, and delivery speed. So what other value prop can retailers who are considering opening a marketplace offer their consumers?
Retail Leaders Share Tips on Navigating Peak Carrier Challenges
Let’s face it, no retailer’s marketplace will be able to compete with Amazon (or Walmart) when it comes to general assortment size. It’s also very difficult to compete in terms of shipping costs, membership perks, and delivery speed. So what other value prop can retailers who are considering opening a marketplace offer their consumers?
How to Drop Ship Successfully Part 2: The Basics
One of the most significant trends in the ecommerce supply chain over the last decade has been the shift toward drop shipping and third party distributed inventory. A lot has changed since 2003. With such clear advantages, retailers and suppliers are being compelled to adopt drop shipping to be competitive with product selection, product penetration, and omnichannel. As we saw in last week’s post, those who fail to overcome the challenges associated with drop shipping and a more virtual supply chain will face far more severe disadvantages as ecommerce and omnichannel inevitably take up a larger percentage of retail.
Infographic: Drop Ship is a Key Solution for Out-of-Stock Inventory
Why Top Retailers Like Amazon and Walmart Leverage Omnichannel to Drive Growth
Top retailers are competing to understand what drives their clients’ behavior from awareness to purchase. The proliferation of big data and high volume of omnichannel purchasing makes the type of technology described above achievable.
In short, omnichannel is becoming more critical now than ever.