Beringer Tame Blog
Beringer Tame Blog
Ecommerce isn't standing still during during these tubulent times of Coronavirus lockdown. We have handpicked a selection of the more upbeat stories from the news over the past week. If you have any articles you'd like us to share, please do let us know!
Below are links to some of the biggest (& more positive) articles surrounding business in the media in the past week;
British retailers should prepare for growth in the Chinese e-commerce market post coronavirus. According to Richard Morecroft, Director and Co-Founder of digital commerce company JGOO: “As the world battles the Coronavirus, it’s no secret that UK retailers have suffered a drop in sales as a result. Amid these growing concerns, what British retailers might have failed to realise is that all is not doom and gloom for the Chinese market. In fact, the virus could have created an opportunity for British brands in its booming e-commerce market, which stands today as the biggest in the world with a growing value of $1.9 trillion in 2019.” (InternetRetailing)
The impact of Coronavirus on US e-commerce; Traffic and transactions continue to grow as online shopping habits resume. (Contentsquare)
LVMH sees sharp rebound in China on its top brands, including Louis Vuitton, as sales rise by more than 50 percent in April. (Bloomberg)
Procter & Gamble Co beat Wall Street expectations for quarterly profit on Friday as it reported its best U.S. sales growth in decades thanks to consumers stockpiling cleaning essentials in lockdowns against the coronavirus. (Fashion Network)
Procter & Gamble ramps up marketing amid coronavirus demand: ‘This is not a time to go off-air’. The company is also monitoring its portfolio throughout the Covid-19 period with an eye to mix it up once consumer spending patterns restabilize. Moeller said not everything would go back "on the shelf" post-coronavirus. (The Drum)
How are DTC brands across the grooming, luxury and hygiene spaces are adapting. How Harry's, Eve and Bloom & Wild are coping with the lockdown DTC demand surge. (The Drum)
Why The Trade Desk Is Poised for a Big 2020 Despite COVID-19. Digital advertising isn't escape the Coronavirus beating. With many retailers closing their stores and consumers staying at home, the economy has come to a screeching halt. But not all digital advertising is created equal, leaving some advertising businesses more susceptible to headwinds from this macroeconomic environment than others. The Trade Desk (NASDAQ: TTD) is one digital ad-buying company arguably better positioned than most to not only withstand shrinking marketer budgets, but to also come out on the other side of this pandemic firing on all cylinders. (nasdaq.com)
How Ecommerce Is Transforming FedEx's Logistics and Last-Mile Delivery including deliveries during the coronavirus pandemic, and the future of autonomous delivery robots. (emarketer.com)
Chinese car dealers have embraced live streaming as a way to keep the conversation going with potential consumers who were also stuck at home. (abacus news)
Government unveils £1.3bn scheme to help start-ups; The government has announced a £1.25bn package to support innovative new companies that are not eligible for existing coronavirus rescue schemes.T o qualify to receive the government money, a company must have raised £250,000 privately in the last five years. (BBC)
How Starling, Revolut et al are disrupting our financial institutions; "...the march to digital has been taken on by industry leaders diligently..." (The Drum)
The best of humanity continues to shine through;
RT @Ecommerceage1 : Cost, convenience, conscience: The three Cs impacting brand loyalty in the age of the digital shopper By Jamie Saucedo,…
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