Monthly ecommerce #4
Welcome to the first for 2022 Grinteq ecommerce Monthly edition!
In today’s collection: Shopify and JD.com collaboration, Walmart plans to increase its drivers for home deliveries expansion, Adobe announcing new tools for its customers, and Amazon reconsidering its threat to stop accepting Visa cards.
Shopify Unlocks World’s Largest ecommerce Market
Shopify has announced its partnership with China's ecommerce platform JD.com. As a result of this collaboration, US brands that run their storefronts on Shopify can list their products on JD.com, which’s audience is about 550 million clients.
The agreement will simplify US retailers' sales in China, as well as help to solve ecommerce challenges across product sourcing, selling, and logistics for merchants in both countries.
To sell in China foreign traders should bypass a slow approval process which usually lasts up to 12 months. With the new agreement, Shopify merchants can shorten this period to three-four weeks, which is a game-changer.
Merchants will also receive support with expedited onboarding, logistics, pricing, and translation processes.
Walmart is betting big on InHome delivery and hiring 3000 drivers
The American retail corporation Walmart is to expand its home grocery delivery services. Now, this option is available for about 6 million U.S. households. By the end of the year, Walmart intends to increase this number to 30 million. To make it real, the retailer plans to hire 3000 drivers and build up a fleet of electric delivery vans, meeting the goal to achieve zero emissions by 2040.
What's interesting, InHome service provides delivering products into garages and kitchens. To unlock the option, customers can give one-time access to the premises to Walmart couriers, using a garage keypad, or an InHome lock for $50. The service itself will cost $148 a year.
These additions will help Walmart satisfy its growing customer needs and keep it in good shape amidst fierce competition.
Adobe Announces New Tools to Grow ecommerce Business
Adobe has introduced new tools in the Adobe Experience platform to offer retailers more personalized shopping experiences.
The tools utilize new online and hybrid technologies and will help retailers to identify broken experiences via AI, offer flexible digital payment options, and enhance website & apps speed.
Moreover, now merchants can make edits to Adobe Experience Manager sites content via Adobe Commerce PWA Studio. The integration creates more opportunities for customer engagement and conversion through delivering experiences on mobile and desktop devices.
Amazon Reviews its Threat to Stop Accepting Visa cards
In November 2021, Amazon made a shocking statement to stop serving Visa cards from January 19. They based it on high fees charged by the payment processor.
In the email sent to its UK users this month, Amazon stated that two sides are working closely on potential solutions to enable customers to use their Visa cards on Amazon. The company promises to notify the users of any changes that would be made in advance.
It's not the first time the companies have had disagreements. Last year Amazon informed about its intention to raise a 0.5% surcharge on Visa credit cards in Singapore and Australia.