Share to Twitter Share to Linkedin Founder and CEO of Avasam , changing the face of DropShipping, one automated step at a time. E-commerce businesses have long subscribed to the idea that multiple sales channels are better for business, and it is easy to see why. Like traditional retail stores, every location where your business has a presence is an opportunity to connect with and make sales to customers. Today, a typical e-commerce business has a website as well as trading on Amazon, eBay, Walmart and a number of other marketplaces. Due to the popularity of the multichannel approach, SaaS companies have streamlined adding extra channels with integrations, apps and add-ons. It is relatively simple to add and manage extra stores within online e-commerce platforms that host a wide variety of e-shops. Adding different seller accounts to marketplaces can (in certain cases) be easy, too, allowing even small businesses to have additional presences. … [Read more...] about Should E-Commerce Retailers Look To Physical Stores?
What is e commerce platform
Share to Twitter Share to Linkedin South Korean billionaire Lee Hae-jin ’s Naver, the country’s largest internet company by market capitalization, agreed to acquire American fashion e-commerce platform Poshmark for $1.2 billion, furthering the tech giant’s international expansion. In the deal, Naver will purchase all of Poshmark’s shares for $17.90 in cash, a premium of 15% to its closing stock price the day before—but less than half the online retailer’s trading price of $42 during its IPO last January. Poshmark will become a standalone subsidiary of Naver while retaining its current management team, led by its founder and CEO Manish Chandra. “Bringing Naver and Poshmark together will immediately put us at the forefront of creating a new, socially responsible, and sustainable shopping experience designed around sellers of all sizes and interests,” said Choi Soo-yeon, Naver’s CEO, in a statement . Cofounded in 1999 by Lee and Kim Jung-ho, both … [Read more...] about Korean Internet Giant Naver To Buy American Fashion Reseller Poshmark For $1.2 Billion
Share to Twitter Share to Linkedin Salesforce has taken a big leap forward in solving what is one of the biggest problems facing its CRM customers: bringing together data from multiple sources – both externally and its own products - in such a way that it can be acted on very quickly. The company just released a new product called Genie and it’s being called “groundbreaking.” What it does is create a "lake" or repository of data so that a company can bring to in information from anywhere – including Slack, Service Cloud, Finance Cloud, or an outside ERP, e-commerce and point of sale system - and then tag this data in such a way that it can then leverage AI and workflows that can be used pretty much instantly. For example, a customer is irate and his complaints are entered into a service management system. That data comes into the “lake” and instantly triggers a freeze on any promotional messages that may further irritate the customer. A patient … [Read more...] about On CRM: Yes, Salesforce Really Did Just Introduce A “Groundbreaking” CRM Feature…Except For One Thing
Share to Twitter Share to Linkedin By Andy Karuza, the marketing Lead at NachoNacho and founder of multiple technology startups. The rise of the content creator has been well documented over the past 15 years, but the economy that has come with it is reaching levels never seen before and growing exponentially. The creator economy is estimated to be worth more than $100 billion , and more than 50 million people worldwide consider themselves creators, but the vast majority are amateurs. There are about 2 million professional content creators, and nearly half of them earn their money on YouTube. Instagram places second with about 500,000 pro-creators, and Twitch’s live streaming service has about 300,000. For the 48 million amateur creators, Instagram is the number one option. One of the most well-known ways to earn a living is by creating video content people want to watch, and YouTube’s Partner Program was one of the pioneers in this space. … [Read more...] about Make The Most Of The Creator Economy
Share to Twitter Share to Linkedin San Francisco-based Fandom beefed up its platform for ardent followers of a vast number of obsessions, acquiring seven fan-oriented publications – including such prominent brands as Gamespot, TV Guide, and Metacritic – from Red Ventures for an undisclosed amount. Fandom already claimed 300 million monthly active users visiting more than 250,000 of its Wiki communities and 40 million pages of content. The new publications will add another 46 million MAUs in sectors such as video games, film, TV and streamed entertainment, comics and music. Other publications involved in the deal include GameFAQs, Giant Bomb, Cord Cutters News, and Comic Vine. Fandom said the acquisition will expand its wide-ranging options for ad partners such as game publishers, studios and streaming services trying to reach the right audiences interested in their products, while also beefing up data and insights for Fandom’s data platform, called … [Read more...] about Fandom Acquires TV Guide, Gamespot, Metacritic, Other Gamer And Entertainment Publications
SEOUL -South Korean e-commerce company Naver Corp announced a $1.2-billion purchase of U.S. fashion resale platform Poshmark Inc but investors questioned the timing of its biggest acquisition amid a slowing economy and sent its shares tumbling. Naver, which is also South Korea’s top search engine, will pay $17.90 cash for each Poshmark share and acquire all of its outstanding stock in a foray into the U.S. e-commerce market. Poshmark is the largest fashion consumer-to-consumer platform in North America, with 80 million registered users led by Millennial and Gen Z active users, Naver executives said in a conference call on Tuesday. The deal will combine Poshmark’s shopping platform with Naver’s technology, likely starting with live-streaming, a key driver of e-commerce in South Korea, followed by technologies such as image recognition and artificial intelligence, the two companies said in a statement. With Millennials and Gen Zers leaning toward value-driven consumption such as … [Read more...] about S.Korea’s Naver buys U.S. Poshmark in $1.2-B deal, invites skepticism