What is the most popular digital shopping day of the week? It has been Monday for four years now, with Friday in the second place and Tuesday in the third, according to the omni-fulfillment specialist ShipBob’s recent 2022 State of E-Commerce Fulfillment Report. Sunday is the least popular online shopping day. Recent reports show a considerable upswing […]
Significant exposure to third-party risk could cost e-commerce websites millions of dollars in damages and lost revenue. This conclusion can be made according to a new study by a maker of security products to protect web and mobile apps Jscrambler based on an analysis of two billion user sessions on e-commerce websites. Third-party services running […]
A non-fungible token (NFT) is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. Types of NFT data units may be associated with digital files such as photos, videos, and audio. Because each token is uniquely identifiable, NFTs differ from most cryptocurrencies, such as Bitcoin, which are fungible. NFTs […]
“We’re excited to announce eTail Europe is back in-person in London on 25-26 April, 2022”, says the official site of the event. Due to the outbreak of the coronavirus, eTail Europe had to be postponed for 18 months. The conference in 2020 and 2021 became online events. So far, the organizers expect thousands of […]
The supply chain issues started in late 2021 and have continued into the new year. Most companies still face problems of product availability and delayed shipping, along with the potential of over and understocking shelves. It is highly important for businesses to ensure their consumers know when to expect their products to be available, or […]
Ecommerce giant Amazon has launched the second edition of the Amazon Launchpad Innovation Awards. The competition supports European innovative startups. The winner will receive the ‘Startup of the year’ prize of 100,000 euros. It’s the second time that popular marketplace Amazon holds this competition. The first edition took place in 2021 with over 1,500 companies from 30 countries […]
We are heading toward a cashless society and infrastructure is developing to fully support new payment standards. Much of the global economy is steadily transitioning to commerce without paper cash and the gap between cashless and contactless money is closing. Vendors focus on handling emerging cryptocurrencies so they do not worry much about the disappearing […]
In 2021, Boeing Distribution Inc.’s online revenue was 15% higher compared to pre-pandemic levels, orders 20% higher. Ecommerce sales even increased after Boeing Distribution rolled out new tools to improve the online customer experience. Boeing Global Services, a division of Boeing Corp. that sells parts and data products to the aviation industry as well as […]
Microsoft Corp. said it’s suspending all new sales of products and services in Russia. It condemns the country’s “unjustified, unprovoked and unlawful invasion” of Ukraine. The United States tech giant also said it’s working closely with governments of the U.S., European Union and United Kingdom and stopping many aspects of its business in Russia in […]
As businesses prepare their strategies to move forward in 2022, they should consider the impact of key social commerce trends. Social commerce is a crucial development for e-commerce. Social commerce is turning e-commerce into in-app purchases. Before social commerce, brands generated product awareness and community-building on social media to drive traffic to a third party […]
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