Every Monday, the EtailDetail team prepare a digest of the previous week’s online retail news. Along the way, we’ll pick the most interesting stories from the worlds of technology, social media, marketing and more, allowing you to see everything at a glance.
Amazon Prime Day 2019
Amazon Prime Day sets records once again
Amazon’s annual two-day Prime Day sales event this week bested the omnichannel retailer’s Black Friday and Cyber Monday sales of 2018 and was the largest shopping event in the company’s history.
Report: Amazon Prime Day isn’t just for Prime members any more
Adobe’s data shows both large retailers and smaller, niche e-commerce sites saw a significant lift in online sales during the first 24 hours of Prime Day.
Just how black was ‘Black Friday in July’ for retailers not named Amazon?
The data show growth for other retailers, but Amazon captured the bulk of sales.
Prime Day 2019: bigger than ever, but is it losing its shine in the age of experience?
However, while Prime Day 2019 is likely to have netted more money than ever-before, the wider retail industry is starting to view it as being in need of a revamp. With the whole industry talking about how to create experiences for shoppers, Prime Day leaves a lot to be desired on that front
How Prime Day 2019 played out
The event spurred online sales across the industry, but the advantage still belongs to Amazon, experts say.
Retail News and Trends
Czech Republic is fastest growing European ecommerce market but UK still runaway leader, says report
The 2019 Global Payments Trends Report by J.P. Morgan projected a compound annual growth rate of 16% for the Czech Republic between 2017 and 2021, the highest of the 34 countries analysed.
Mainland Europe to outstrip UK in ecommerce growth
UK store retail sales grow between May and June, as online slows, finds ONS…
Sales in the three months to June 2019 have shown a small increase of 0.7% year on year, but have bucked up by a more considerable 1.6% compared to May 2019, according to the latest ONS Retail Sales figures.
… but online retail sales get a ‘June bounce’, recording strongest growth of the year finds IMRG
With excellent weather and the start of the sale season signalling the arrival of summer, online retail sales rose by +8.5% Year-on-Year (YOY) in June, according to the latest IMRG Capgemini eRetail Sales Index.
WSJ: Amazon entices sellers to part with brands for as low as $10K
Under a program dubbed Amazon Accelerator, the e-commerce giant provides special perks to businesses that agree to be acquired for a fixed price at Amazon’s discretion
EU opens Amazon probe to see if it used merchant data to gain an advantage
The European Commission wants to investigate Amazon’s use of sensitive information.
Amazon will change its rules for third-party sellers following backlash
Third party sellers will now get fairer treatment.
Don’t underestimate the power of video