When it comes to sharing personal information, millennials are reluctant. There is a gap between millennials wanting to secure access on all connected devices and their willingness to sharing data, according to a study by Lexis Nexis Risk Solutions. This could be a wake-up call for businesses to find solutions that minimize the amount of data they have to collect.
Cross-border e-commerce is growing in popularity - particularly in China, according to a new report from market research company eMarketer. By 2020, a quarter of the Chinese population, amounting to more than half of all the nation's digital buyers, will be shopping either directly on foreign-based sites or through third parties such as Alibaba's Tmall Global and JD.com's JD Worldwide, the report says.
Three months after entering into a partnership to expand online shopping options for Chinese consumers, Walmart and JD.com have announced three new ways for customers to access Walmart products from around the world. The efforts, which are part of the original strategy announced in June, are officially launching during the run up to Singles Day on November 11. They aim to improve logistics and supply chain functions, cross-border e-commerce and online-to-offline e-commerce services for consumers across the country, the companies say.
In an attempt to deal with potential network capacity issues this holiday season, Amazon is limiting the use of Fulfillment by Amazon (FBA) warehouses and services to existing sellers between now and Dec. 19, the company confirmed. This means new sellers would have difficulty using FBA to fulfill last-minute Christmas orders.
The U.S. Postal Service has filed notice with the Postal Regulatory Commission (PRC) of price changes for shipping services products to take effect next year, following the end of the holiday mailing season. The filing does not include any price increase for First-Class Package International Service, Priority Mail Express International and Priority Mail International.
In the heart of Amazon country, Nordstrom, Costco and UPS have joined with a team from the University of Washington in Seattle to study solutions to last-mile delivery issues in urban areas. UW's Urban Freight Lab will explore high-impact, low-cost solutions in urban areas where delivery vehicles, bicycles, cars and pedestrians all have to coexist, according to the university.
More than a month after major Korean freighter line Hanjin shut down due to financial issues, the effects are still being felt by retailers in terms of shipment delays from Asia.
Shoppers are demanding a seamless experience across all brand channels, both on- and offline, but retailers – particularly in apparel - are struggling to move at the speed their consumers want and need.
While the idea of B2B e-commerce has been around for some time, it is becoming increasingly important for companies to enable their digital selling channels. In fact, companies that are failing to invest in digital channels are quickly finding themselves uncompetitive in today business climate. Buyers have come to expect total omnichannel engagement.