📦 The Order : Weekly Roundup - Logistics costs & Baby benchmarks
Issue #105
Happy Sunday,
Here’s a quick roundup of last week’s news :
Chart of the week 📈
A quick update on where shipping costs have gone recently: Drewry’s composite World Container Index remained relatively stable at $1,709.76 per 40ft container.
Benchmark of the week 🎯
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Deep dive into recent conversion rates for the Baby category on Amazon.com
Movers & Shakers 🙌
EU: Let’s call it rumors at this stage as an official confirmation is pending — but various German startup media outlets are reporting a merger of Razor Group and Stryze (aka an acquisition by Razor) [T3N]
US: Thrasio expansion to on Walmart: “Top-Selling Pet Odor Eliminator ANGRY ORANGE™ Now Available In Walmart Stores” [PR Newswire]
Canada: Emerge Commerce (TSXV:ECOM) to sell BattlBox for US$7.2 million. The company looks to win back investor confidence and cut it’s debt exposure - after the stock has been downward trending - and recently stabilized - at a market cap of $6.6M USD [The Market Herald]
US: Next Shopify push — “Staytuned bags $34M in equity, debt to build ‘Salesforce suite for e-commerce’” [Techcrunch]
Strategy 📈
Deep dive into the strategic opportunities, and challenges behind Amazon’s Buy with Prime: “Buy with Prime sees little adoption in a year” [Marketplace Pulse]
“Amazon closing UK-based online shop Book Depository” [BBC]
Seller Story: “E-commerce entrepreneurs who are earning money selling socks and wallets on Amazon share their top strategies, including how to find a product to sell and how to get ranked higher” [Business Insider]
“Walmart Revamps Its Digital Storefront With New App and Website” [PYMNTS]
“Shopify Power Players: Meet the 16 leaders driving its growth as it looks to build the future of commerce” [Business Insider]
Unlocking new value: “E-commerce can be open sesame to Alibaba's worth” [Reuters]
“Retail media will be a $130 billion industry next year, and adtech firms Criteo and The Trade Desk will win big, according to Morgan Stanley” [Business Insider]
Events 🎤
Shoptalk Europe, May 9-11, Barcelona, Spain - ⚠️ While the first wave of signups are closed, brands can still apply for the “hosted retailer” program for a paid trip to the event in Barcelona. More info here.
Seller Sessions Live, May 13, London, UK
Seller Barcamp, May 19, Dortmund, Germany
Make this week count 🙌
Christian