📦 The Order : Weekly Roundup - First Cry, UpScalio, Zulily & Kaspien
Issue #143
Happy Sunday,
Here’s a quick roundup of last week’s news :
Welcoming 2024: The year of automation 🤖
As product portfolio and brand house consolidation will continue in 2024, we see the strongest focus moving towards automation.
The AI space will mature: The 2023 wave of AI-tools will start to mature — and enable a path towards “mini Artificial General Intelligence” for eCommerce sellers
Efficiency pressure will increase: Teams will focus on reducing overhead and further decreasing the ratio of people to products-managed
From proof-of-concept to new process alignments: Tools have started to prove their impact in 2023 - largely in a proof-of-concept - in 2024 SOPs will evolve to capture AI-powered automation opportunities
👉 An easy starting point for automation: 20%+ organic lift through listing automation
Autopilotbrand.com stands out when it comes to the ambition to create a fully autonomous system that sellers can rely on to drive more sales & profits. The first use case covers listing automation.
🤖 Automation? Sellers simply enroll ASINs, and the Autopilot system ensure an ongoing, safe optimization that delivers higher keywords and improved listing quality, thereby driving traffic, conversion, and ultimately profits.
A proof-of-concept on your own brand? No problem, try it out on your first set of ASINs - no minimum required. Sign up for free here.
Movers, Shakers & The Shaken
SoftBank-backed FirstCry seeks to raise nearly $220 million in India IPO [Techcrunch]
UpScalio: Lenders request to initiate insolvency procedure [The Captable]
US online retailer Zulily says it will go into liquidation, surprising customers [The Independent]
Kaspien Holdings Inc. announces voluntary closure [Spokesman]
Strategy 🦈
Amazon Is a Go-To for Toilet Paper and Batteries. Can It Sell Cars? [Wall Street Journal]
Shopify is preparing to compete for a piece of big retail commerce [The Globe and Mail]
2PM eCommerce Deep Dive 2024 [2PM]
A Look at Alibaba's Strategic Pivot Under New Leadership [Yahoo]
The top 7 people in artificial-intelligence e-commerce [Business Insider]
Events 🎤
Amazon Ads @ CES, Jan 9-11, Las Vegas, NV
National Retail Federation - Retail’s Big Show, Jan 14-16, New York, NY
The Fortia Group’s eCommerce Summit for Acquirers, Jan 16, New York, NY
ShopTalk, Mar 14-16, Las Vegas, US — Exhibitor opportunities
Happy New Year - make 2024 count 🍾
Christian