Marketplaces
Amazon had a record breaking holiday season. According to Forbes, Amazon has declared 2016 its "best ever" holiday season, selling millions of Alexa devices and enough 4K TVs to reach the peak of Mount Everest more than nine times. In addition, the e-commerce Goliath gifted a record setting number of products. The company doesn't typicallyโฆ
Critics of President-elect Donald Trump and his oldest daughter Ivanka are letting their voices be heard โ on Amazon.com. These critics are leaving bad product reviews on Ivankaโs fashion and beauty products. One review on a pair of boots reads, โThese boots were perfect for wiping my feet on the Constitution and trampling the civilโฆ
The U.S. Trade Representatives' annual list of global marketplaces known for counterfeit and pirated goods was released this week, and Alibaba Holdings Ltd. is back on it. The list specifically mentions Alibaba's flea market-like Taobao shopping platform, which had not made the list in years, citing rights holdersโ complaints regarding obstacles to removing counterfeit itemsโฆ
Will ambitious Amazon.com change the way we buy everything? The online retailer wants to sell us everything we buy and consume, and I do mean everything. From movies we watch to groceries we eat, Amazon will soon sell cars we drive (or drive us), too. For traditional retailers, Amazon is more than a 600-pound gorillaโฆ
Less than a week after The Wall Street Journal reported that Amazon.com plans to open "more than 2,000 brick-and-mortar grocery stores under its name," a company spokesperson denied the claim. "It's absolutely not correct," Amazon spokeswoman Pia Arthur said in an emailed statement to CNET Magazine. "We have no plans to open 2,000 of anything.โฆ
Freed from the shackles of traditional in-store retail, online retailers have a unique ability to develop new models that revolutionize the industry. There's no better proof than the power of the e-commerce store to offer an endless shelf. And, as Amazon.com has proven, the most effective, fastest and least risky way to build out thisโฆ
Shoppers looking for a discounted Amazon Prime membership were able to snag one last week for $79 (about 20 percent off) for one-day only. According to an article on Fortune, shoppers were able to take advantage of this offer from Nov. 18 at 12:00 a.m. ET until 11:59 p.m. PT. The limited-time Prime deal wasโฆ
Home furnishings retailer Crate and Barrel announced today the launch of its Exclusive Marketplace, a curated marketplace offering consumers a broader selection of products based on Crate and Barrel's merchandising expertise. Available via the company's e-commerce site, the marketplace now offers customers an extended aisle of unique products, such as kitchen tools and other smallโฆ
In episode 61 of Total Retail Talks, Bob Kupbens, vice president, B-to-C and seller experience, head of global trust, eBay, discusses how the online marketplace's partnership with Sellbrite will enable a better experience for merchants selling on the platform. In addition, Kupbens talks about the future of online marketplaces and how eBay is positioning itselfโฆ
Update 12:25 p.m. ET: Alibaba broke its Singles Day sales record shortly before 8 p.m. in China, easily topping last yearโs total with about four hours left to run. Happy Singles Day! E-commerce giant Alibaba is on track to smash its annual sales record for its shopping โholiday.โ Consumers started off the day with a bang,โฆ