What's happening this week? Amazon's 2024 numbers, Temu's secret weapon, and more.
Read on to stay on the edge of what's happening in ecommerce.
It’s vitally important to not rush into the ecommerce business. Plenty of entrepreneurs have come before you and they have made thousands of brilliant decisions as well as thousands of devastating mistakes – take your time learning from their trial and error to bypass that step. - Curt Williams Linton Group
Top Ecommerce News
The 3P marketplace was responsible for roughly 75% of their incremental GMV growth since 2019.
Mexico’s Federal Commission on Economic Competition (COFECE) says that Amazon's market dominance is preventing any real space for competition.
Reach is agreeing to share “contextual” first-party data with Amazon to help improve targeted ads.
Recommended by LinkedIn
Spoiler: It's Next-Generation Manufacturing (NGM), which leverages data to share consumer insights with manufacturers, to reduce waste and overall costs.
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Amazon Updates
(February 13, 2024) Increase sales with new metrics available on the Build Your Brand page
(February 6, 2024) Instant replacements are available for seller-fulfilled returns