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Ecommerce

Watch Amazon Falls on Revenue Miss, Light Q3 Guidance Finance News Video Web TV Hub [Video]

“Amazon.com Inc. sales growth slowed down in the second quarter of the year as brick-and-mortar stores reopened across the U.S., sending shares south in after-hours trading Thursday.

“Amazon AMZN, -0.84% reported second-quarter earnings of $7.78 billion, or $15.12 a share, up from $10.30 a share a year ago, when shelter-in-place requirements from the COVID-19 pandemic began and led to big uptakes in e-commerce.

“Sales grew to $113.1 billion from $88.9 billion a year ago, missing expectations as sales that had been growing more than 40% in recent quarters fell to growth of 27%.

“Analysts on average expected earnings of $12.28 a share on sales of $115.4 billion, according to FactSet. Amazon shares declined more than 7% in after-hours trading, and other e-commerce stocks joined in: Etsy Inc.

“ETSY, -1.95% declined more than 2%, Shopify Inc. SHOP, -0.85% fell more than 1% and eBay Inc. EBAY, +0.71% decreased about 0.9%.”

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Ecommerce

How to prepare for the next surge in online shopping [Video]

More Australians are shopping online than ever before. COVID-19 triggered unprecedented growth in eCommerce, as social distancing and store closures during lockdown altered shopping habits – and encouraged over 200,000 households to shop online for the first time in April 2020*. In this webinar, Australia Post’s GM of Customer Excellence Deliveries, Caroline Good provides practical advice to help you prepare for the next sales lift, including:• Planning volumes with supply chain partners;• Packaging, freight and lodgement optimisation;• Inventory management considerations; and• Actively managing customer expectations.Caroline is joined by Wayne Baskin, Deputy CEO and Chief Technology Officer of Booktopia and Patrick Smitka, Founder of Giftbasket.com.au who share their own experiences and learnings in preparing for surges in demand. *Source: Inside Australian Online Shopping 2020 eCommerce Industry Report, May 2020.

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Ecommerce

Making the payment process easier is one of the most effective ways to make customers more attracted to your online store ensuring success in eCommerce business. Here we are going to discuss a few smart ways to make the payment process easier for an online business that can help you to grab more customers attention. Continue reading Easier Payment Process: More Online Customers