Selasa, 04 Februari 2020

E-Commerce Minute

E-Commerce Minute
February 4, 2020
The augmented reality space continues to evolve. Device makers are introducing significantly smaller and more powerful smart glasses and AR headsets, such as those demonstrated last month at CES 2020. What is augmented reality exactly? There's not really an easy answer.

E-commerce companies have seen phenomenal growth in the last few years, thanks to the ease of starting a business in the digital sphere and to cost-effective processes that require very little investment. However, these firms often struggle with order fulfillment, which is a core aspect of business for online merchants.

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The U.S. Department of Justice last week filed complaints in two landmark cases calling for temporary restraining orders against five companies and three individuals alleged to have carried hundreds of millions of fraudulent robocalls to American consumers. The calls resulted in massive financial losses for vulnerable victims across the U.S. 

Consumers are on social media constantly, scrolling through posts from both friends and brands. Many have begun clicking on some of those brand posts and making purchases. As consumers become more comfortable with the idea of social commerce, social media platforms are adapting.

The U.S. Department of Homeland Security has released a report outlining its plans to combat online counterfeit product sellers. The value of counterfeit goods traded internationally rose from $200 billion in 2005 to $509 billion in 2016, according to DHS.

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