E-Commerce Minute

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E-Commerce Minute: Friday -- May 31, 2019

The E-Commerce Times -- E-Business Means Business
https://www.ecommercetimes.com
Part of the ECT News Network

Headline Scan
The Cannabis Rush: Where There's Smoke, There's E-Commerce
Amazon to Edge Out Small Wholesalers
Trailblazing a Path for Blockchain
Getting Chatty With Chatbots
Leveraging the Tools That Fuel E-Commerce Growth
Where CEOs Go Wrong With Brand ID

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Today's Story Highlights

The Cannabis Rush: Where There's Smoke, There's E-Commerce
The budding online cannabis industry has a long way to go before it
delivers bumper crops. The market for both recreational and medicinal
cannabis has been plowed and pre-seeded by the previous underground
market and the impetus of state laws legalizing its use. Still, the
cannabis industry is almost invisible online, cloaked as it is in a
broad ad and search engine blackout.
http://www.ecommercetimes.com/story/86049.html

Amazon to Edge Out Small Wholesalers
Amazon has been reworking relationships with several of its long-time
wholesale suppliers in a bid to cut costs, according to a report. The
plan is to buy from larger companies instead of smaller businesses.
Thousands of small suppliers that sell less than $10 million annually on
Amazon's platform would lose bulk orders, while big brands like Procter
& Gamble and Lego would benefit.
http://www.ecommercetimes.com/story/86045.html

Trailblazing a Path for Blockchain
Many of us think of blockchain as the technology that prevents
counterfeiting digital currencies like bitcoin. However, the so-called
cryptocurrencies have hit the rocks recently, losing value or at least
fluctuating wildly, making them look more like the stocks of startups
than stores of value. Still, as an independent technology the value of
blockchain is only growing.
http://www.ecommercetimes.com/story/86047.html

Getting Chatty With Chatbots
Chatbots are an important part of the e-commerce shopping experience.
They answer questions, provide information, and help customers along in
their buying journey. Though they may never replace human beings
entirely, they are central to many e-commerce-related interactions.
Because they can be everpresent, chatbots are vital for keeping
customers and potential customers engaged with a brand.
http://www.ecommercetimes.com/story/86039.html

Leveraging the Tools That Fuel E-Commerce Growth
E-commerce technologies have been innovating fast. It's no surprise,
considering e-commerce in North America grew by 15 percent in 2018, to
reach more than $500 billion. Today's e-commerce businesses need to stay
ahead of the curve if they want to be the consumer's choice, as
convenience and relevance remain king. Companies can stand out by
deploying some of the latest technologies.
http://www.ecommercetimes.com/story/86038.html

Where CEOs Go Wrong With Brand ID
Brand ID is key to every company's success and growth. Why then do so
many senior executives at so many different companies screw it up? When
you come up with a winning brand ID, it's OK to build on it and to
change it for the better, but not for the worse. Customers buy from you
based on your brand ID. If that changes, then customers may change their
buying habits as well.
http://www.ecommercetimes.com/story/86037.html

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