Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the week #1: Shopify
Storeleads.app featured core Shopify stats this week:
Chart of the week #2: Shipping
Good news, freight costs are further down (…likely bottoming out). Data via Freightos / Visual Capitalist.
Funding Craze 💰
EU: GoNorth adds $53M (550M SEK) in bond funding [Yahoo]
Movers & Shakers 🙌
India: Thrasio-Style GOAT Brand Labs Acquires D2C Brand Imara [Inc42]
India: Think9 Consumer is a new D2C brand houses in the making [Economic Times]
Strategy 📈
A 20-40% per transaction fee covers Prime service fee, the fulfillment fee, the storage fee, and the payment processing fee — and gets brands the convenience of Prime: “Buy with Prime pricing” [Marketplace Pulse]
Amazon Account Health intl expansion: “Amazon helps EU, UK and Türkiye sellers manage their account health” [Amazon]
Amazon adding Nigeria: “E-Commerce Giant, Amazon Begins Recruitment For Nigeria Office, Begins Operation Next Year” [Legit]
Jumping on the ads wagon: “A top Unilever exec breaks down the CPG giant's investments in e-commerce advertising and why it's pushing for retailers to adopt better measurement standards” [Business Insider]
Ads Deep Dive: “The new 60/40 model: The ideal budget split to drive retail traffic” [Think with Google]
“Walmart launches dedicated e-commerce site for businesses” [Retail Dive]
Brand manufacturers going DTC: “Get ready for the fourth wave of eCommerce” [Inc]
Battling the ad monopoly: “US Department of Justice sues Google over digital marketing dominance” [Ad Age]
Events 🎤
Prosper Show, Mar 13-15, Las Vegas, NV
Shoptalk, Mar 26-29, Las Vegas, NV
Seller Sessions Live, May 13, London, UK
Make this week count 🙌
Christian