Online retail sales have been growing steadily in recent years, reaching record highs in 2015. Shoppers spent a combined $4.33 billion on Thanksgiving Day and Black Friday alone. Customers are purchasing things like clothing and accessories more than anything else, despite the fact they can’t try it on before buying. This is great for retailers… Continue reading Why are your customers unhappy?
With more than a billion people and some of the fastest-growing economies in the world, Africa is on its way to becoming the next China or India in terms of explosive growth and rapid adoption of new technologies. Numerous obstacles have to be overcome before that can happen, so many obstacles that they can seem insurmountable at… Continue reading Africa’s first billion-dollar company is an e-commerce network
It’s no secret that Amazon is trying to take on PayPal, but all it takes is one look at how Pay with Amazon’s user numbers compare to PayPal’s to see that the company’s efforts aren’t fairing all that well. That’s why Amazon is starting to step up its game with new support and tools that it hopes… Continue reading Amazon is stepping up its game as it tries to take on PayPal
Facebook may want WhatsApp to remain a regular messaging app, but Facebook Messenger is a whole other story. With Messenger, Facebook wants to emulate the messaging giants of Asia that haven’t found much success in the West, which means the company wants to turn Messenger into the digital equivalent of a Swiss Army knife. The idea behind… Continue reading Facebook’s e-commerce push might involve Apple Pay
Somewhere around 600 million people live in the Chinese countryside, and Alibaba has spent years trying to turn them into customers. The problem is, while e-commerce has been exploding in China’s urban areas, the logistical challenges of shipping products to rural areas, as well as the lower rate of internet usage in those areas, has made it… Continue reading Alibaba wants to bring e-commerce to rural areas
Western companies have always found it difficult to tap into China’s vast consumer base, but many of them keep trying because of how lucrative the Chinese market is. The problem isn’t that Chinese consumers don’t want Western products, because that couldn’t be farther from the truth, it’s that the market is so foreign to Western… Continue reading Mihaibao is helping Western companies reach Chinese consumers
What separates Massdrop from other e-commerce companies is that it runs on something the founders of the company call “community-driven commerce.” The products that are sold on Massdrop are decided by the users, who discuss what they’re interested in and what they’re willing to pay for. Once enough users express their interest in a product, employees then figure out where… Continue reading This e-commerce startup wants users to design their ideal products
In North America, it’s easy to see that we’re heading towards a world that is driven by digital commerce. Many people order a good chunk of their daily supplies and impulse purchases online. Apps make buying things even out in the real world much easier than cash. Then, there’s the credit and debit card trend… Continue reading Is a cashless society closer than most realize?
Many social networks have been dipping their toes into the e-commerce market with Buy buttons in recent months, but if this year’s holiday season is any indication, consumers aren’t all that interested. Facebook and Twitter have been leading the charge in merging e-commerce and social media, but neither of them have done much more than test… Continue reading Facebook and Twitter’s e-commerce ventures aren’t very successful
William Bao Bean is one of the most prominent venture capitalists in China, one that specializes in spotting emerging trends and identifying startups with a lot of potential, so his claim that China ahead of the rest of the world in social content-driven commerce has a lot of weight. According to him, you need look… Continue reading American tech companies are starting to emulate WeChat