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Articles by Eran Miller
A quarter of new Amazon sellers plan to sell their businesses to an aggregator: study
A quarter of new Amazon sellers are already planning their exit strategies – selling their business to an Amazon aggregator, a new study suggests. Amazon selling platform Jungle Scout surveyed 3,500 entrepreneurs, brands and businesses from 117 countries, and all 20 Amazon marketplaces, to find that while 45% of sellers said their profits increased between 2020 and 2021, and 95% plan to expand their businesses in 2022, 25% of new sellers now plan to sell their business to an Amazon aggregator.
Made reports fast-growing sales - but losses widen as supply costs and delivery delays rise
More customers are buying from Made. Image courtesy of Made.com Made says sales, customer numbers and repeat orders grew strongly in its latest full-year – but pre-tax losses widened as supply chain costs rose. At the same time, supply chain delays had a knock on effect on customer deliveries. The furniture and homewares pureplay says it has been quicker to adapt than many as it expands is warehousing and logistics capacity, and it has already been able to reduce customer lease times.
GUEST COMMENT Less online sales to Europe due to new EU VAT Package - can it be fixed?
Sharelines GUEST COMMENT Less online sales to Europe due to new EU VAT Package - can it be fixed? Oded Israeli, chief marketing officer at empact and Eran Miller, vice president for business development at empact Last July, the EU introduced a new regulation to locally collect VAT on online sales. This resulted in a sharp decrease in ecommerce sales to Europe. What’s the problem exactly? Can it be overcome? And how do new technology solutions come into play?
RetailX Sector Analyst Report: Luxury 2022
The RetailX Luxury 2022: Sector Analyst Report provides a clear picture of the luxury market from a strategic and commercial viewpoint. Driven by industry-leading research, we take you through the key growth drivers, digital advancements and largest businesses in the sector.
Sainsbury opens 400th digital format Argos store-in-store
Sainsbury's 400th Argos at Crystal Peaks, Sheffield. Image courtesy of Sainsbury's/Argos Sainsbury’s has reached the milestone of having 400 Argos digital format stores within branches of its supermarkets. The 400th Argos store within a store is now up and running at Sainsbury’s Crystal Peaks in Sheffield.
Luxury brands among those suspending sales in Russia in protest at Ukraine invasion
Brands are joining demonstrators in showing support for Ukraine. Image: Wachiwit/Shutterstock.com More luxury brands have in recent days joined fashion and homewares retailers in putting sales in Russia on hold following its invasion of Ukraine. Even those with few links with either market are clarifying their position – and expressing sympathy with Ukraine at a time when war there is intensifying.
EDITORIAL The importance of brand values to Made, Lego - and the brands suspending sales in Russia
Sustainability is a focus for brands that want to reflect customers' values. Image: Adobe Stock If today’s InternetRetailing newsletter has a theme, it’s all about the importance of brand values that reflect consumers’ own. Today we report on how luxury brands are now suspending sales in Russia. Indeed, more brands of all kinds are heeding calls for action as war in Ukraine intensifies – including, today, a highly apologetic Shell. This is far from a one-off in today’s newsletter.
Retailers urged to rethink search marketing strategy as Amazon share of Google Shopping impressions grows 50%
Amazon: starting to dominate Google Shopping ads With lockdown restrictions lifted, the trajectory for online retail growth has returned to pre-pandemic levels, but a much more competitive search marketing landscape means that retailers and brands should review their online strategy.
Ted Baker launches new online store that runs 12 storefronts internationally from a single store
Ted Baker: headless streamlining (Image: Ted Baker) Ted Baker continues its move to become a digital-first brand, with the creation of a new website, increased international online reach and more engaging UX all run from a single store.
Domino’s Pizza Group reports 91% of sales online and plans to grow collection faster than delivery
Domino's wants to see more pizzas collected rather than delivered. Image courtesy of Domino's Pizza Group Domino’s Pizza Group says it’s now a “truly digital-first business”, with 91.2% of its sales taking place online, and 42% of system sales via its new mobile app. In its latest financial year, pizzas were delivered, it says, in an average of 25 minutes, while collections now stand at 87% of 2019 levels – having fallen during pandemic lockdowns.
GUEST COMMENT How being PSD2 compliant can set you ahead of competitors
Ed Whitehead, managing director EMEA for Signifyd Ed Whitehead explains how the EU’s Second Payment Services Directive (PSD2) which came into force pre-Brexit can be something that online retailers can use to their advantage The second Payment Services Directive (PSD2) came into force on 13 January 2018, regulating payments across the EU and the UK. It aimed to create cohesive regulation for consumer protection and the rights and obligations of merchants and payment providers.
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