Marketplaces

Alibaba Breaks Singles Day Record With Sales Topping $38.4B
November 11, 2019 at 1:07 pm

Alibaba's 2019 Singles Day generated $38.4 billion in sales, a 26 percent increase over last year's total of $30.8 billion and and a record for the day. The day got off to a strong start for Alibaba, according to the company. Sales hit $12.01 billion in the first hour. Within an hour and a half, Alibaba’s…

The Growth Story of DRINKS’ D-to-C Business, Wine Insiders
November 4, 2019 at 2:39 pm

In episode 220 of Total Retail Talks, Executive Editor Joe Keenan interviews Louis Amoroso, president, direct-to-consumer at DRINKS, which operates Wine Insiders, the leading consumer marketplace for high-quality and affordable premium wine available for delivery across the United States. Amoroso discusses the brand's history, how it evolved from a mail order catalog to an online…

A.C. Moore Adds Online Marketplace to Better Serve Creative Communities
October 9, 2019 at 10:06 am

National arts-and-crafts retailer A.C. Moore launched its A.C. Moore Marketplace in August, becoming the craft retail industry’s first handmade marketplace for artists and makers. The A.C. Moore Marketplace establishes a new connection between the brand and creative entrepreneurs, helping them sell their handmade creations worldwide. The launch of A.C. Moore Marketplace marks two years of widespread channel expansion for the retailer, including the opening of 15 new brick-and-mortar…

What Brands Can Learn From Being Part of Prime Day
September 17, 2019 at 11:53 am

Amazon.com's Prime Day has only happened four times, but it already gives new meaning to Christmas in July. Yes, the day has done wonders for Amazon, but it has also done the same for countless brands outside of the Amazon ecosystem. But how to begin? Brands can’t just wake up, say “I want to be…

4 Ways Online Retailers Can Fight Against Counterfeit Fraud
September 5, 2019 at 12:49 pm

In the last decade, we've seen a rise in online shopping, from e-commerce powerhouses to direct-to-consumer up-and-comers. Customers are reaping the benefits from the sophistication and growth available through digital retail. Heading into 2019, e-commerce sales comprised 15 percent of total retail sales and, according to Mary Meeker’s 2019 internet trend report, e-commerce sales growth in…

Haggling is Hot Again: Bringing the Allure of Online Auctions to the Modern Retail Experience
August 1, 2019 at 11:50 am

With the rise of one-click, buy-it-now, one-stop shopping, retailers are caught up in a tug-of-war to capture the attention of consumers. They have to enable the on-the-go convenience that today’s on-demand world expects, and, at the same time, provide an engaging experience that builds brand loyalty and creates a strong connection with customers. Furthermore, with…

Amazon Prime Day on Track to Generate $5.8B in Sales
July 15, 2019 at 2:57 pm

In just five years, Amazon.com’s annual Prime Day sales event has gone from a way for the online retail giant to promote its Prime membership program to a nationwide shopping holiday. Amazon began this year's 48-hour sale (up from lat year's 36 hours) at 12:00 a.m. PST this morning, and it will run until tomorrow…

7 Tips for a Successful Amazon Prime Day
July 10, 2019 at 11:01 am

Next week (July 15-16) sees the return of Amazon Prime Day, which last year proved to be the biggest shopping event in history with more than 100 million items purchased worldwide. With Amazon Prime membership continuing to see double-digit growth, Amazon.com expects to sell even more products this year on Prime Day. The event is…

Consumer Behaviors on Amazon: What Matters to Shoppers Throughout Their Buying Journeys
May 29, 2019 at 2:28 pm

The retail industry has undergone a significant transformation over the past decade, largely due to the disruptive force commonly referred to as the “Amazon Effect.” By the end of 2019, Amazon is projected to see its share of the total U.S. e-commerce market reach 52.4 percent, up from 48 percent in 2018, and is responsible…

Why 75% of Shoppers Turn to Amazon for Brand Discovery
May 27, 2019 at 10:01 pm

Amazon.com is no longer just a place where shoppers turn to find their tried-and-true favorites in a pinch or at reduced (or free) shipping costs. According to our recent Amazon Shopping Behavior survey, the e-commerce site is now a bona fide product discovery hub. In fact, a whopping 75 percent of shoppers say they look…