📦 The Order : Weekly Aggregator Roundup - Amazon category highlights & layoffs
Issue #92
Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the week #1
Influencer Marketing Hub puts a number to choice:
The article also features an interactive breakdown of Top 20 products by category and Amazon marketplace, here’s an example for pet supplies on Amazon.com
Chart of the week #2
Shopify published its Commerce Trends 2023 report. One of the highlights below:
Funding Craze 💰
No new funding announced this week.
Movers & Shakers 🤝
A continuing wave of job cuts:
Aggregator: Indian roll-up firm UpScalio cuts 15% of workforce [Tech in Asia]
DTC: Everlane Slashes 17% of Corporate Workforce [Business of Fashion]
Amazon layoffs part 2: 18,000 (or 1.2% of its workforce) [Amazon]
Strategy 📈
“Shopify in advertising push to fill void left by Apple privacy crackdown” [Financial Times]
Shopify making enterprise moves: “Shopify enters its next era of growth: redefining enterprise retail. Introducing Commerce Components by Shopify” [Shopify]
TikTok uncertainty: “Why India banned TikTok — and what the US can learn from it, as pressure mounts for Biden to follow suit” [Business Insider]
Sea freight is a key demand indicator: Price drops a plus but demand drops may indicate broader downturn: “Flexport’s Ryan Petersen Says a ‘Great Recession’ Is Here For Ocean Shipping” [Bloomberg]
The ads space is changing: “‘The duopoly has been disrupted’: Why 2023 could be a huge year for retail media” [Modern Retail]
“Chewy Looks to Open More Automated Fulfillment Centers in Drive to Control Costs” [Wall Street Journal]
Events 🎤
eCom Camp, Jan 8-10, Orlando, FL
National Retail Federation: Retail’s Big Show, Jan 14-17, NYC
Prosper Show, Mar 13-15, Las Vegas, NV
Make this week count 🙌
Christian