SUMOHeavy — Issue #55
What We’re Reading
Amazon Go Is About Payments, Not Grocery — www.forbes.com
Amazon hasn’t announced any concrete plans for the future, but it should be obvious that its end game isn’t to become a leader in the notoriously low-margin grocery industry, which averages just 1–3%. I predict Amazon Go is part of a strategy to grow its payments business and continue expanding into physical retail. And, like everything Amazon does — from the Echo to video streaming — drive traffic to Amazon.com.
Twitter’s ‘Buy’ button is officially dead — www.recode.net
The shutdown comes eight months after Twitter’s head of commerce left the company and more than a year after the company disbanded the group focusing on the Buy button product. Even without a team working on it, the service had still been live up to now.
Alibaba raises revenue forecast on strong e-commerce sales — www.zdnet.com
Alibaba Group has reported a 54 percent year-on-year revenue growth to US$7.67 billion for the quarter, ended December 31, fuelled by record sales from China’s Singles Day online shopping festival.
Jet.com has helped reinvigorate Wal-Mart ‘s online sales growth, but the megaretailer is far from done transforming its online sales operations.
The Human Cost of Next Day Delivery — www.businessoffashion.com
Today’s consumers are demanding faster fulfilment, but next-day and same-day delivery can cost companies dearly and some workers are paying the price.
Upcoming eCommerce Events
The 10x eCommerce Event
February 10–12, 2017 | Orlando, Florida
February 27 — March 02, 2017 | Palm Springs, CA
March 8–9, 2017 | Austin, TX
MRC Vegas 2017
March 13–16th, 2017 | Aria Resort, Las Vegas, NV
Our Latest Obsession
People may have been more vocally upset by Apple’s decision to kill the headphone jack, but of all the design missteps in the post-Steve Jobs era, the AirPods may be the biggest. This handy little sticker might help with one problem — the tiny $160 headphones are highly stealable.
Specifically tailored to fit on the front of an AirPod case, this translucent sticker will convincingly disguise the Bluetooth headphones as an ordinary pack of floss. In the event that that tiny storage device gets left on the breakroom table, for example, a co-worker with sticky fingers would be more likely to overlook it.
SUMOHeavy Weekly is a digest of of SUMO blog content, plus eCommerce news, events and job listings.
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