E-commerce: Brands are spending 44% more on sponsored Instagram Posts
According to research carried out by a marketing firm, the average cost that brands pay to sponsor their Instagram posts has increased 44% between 2018 and 2019. The average price of a sponsored photo on Instagram now costs around $1,642, which is 1125% more than how...
E-Commerce: Online Electronics Retailer AO Exits from Netherlands
AO, a UK-based online electronics retailer, entered the Netherlands in early 2016. However, it has now decided that it will close its Netherlands operations and leave the country after nearly 4 years of operating there. This is not only because the business wants to...
E-Commerce: Payments Processor Elavon to Acquire Sage Pay
Payments subsidiary of US Bancorp Elavon has announced that it will be acquiring Sage Pay, one of the UK’s biggest payment processors for small and medium businesses across the UK and Ireland. Elavon is the fourth-largest merchant acquirer in Europe and is currently...
E-Commerce: 60% of German retailers could do without Black Friday
Although most retailers benefit from Black Friday, a recent study which took place in Germany surveyed 674 retailers and found that 60% of them do not want Black Friday. 42% of the retailers surveyed believe that Black Friday damages their Christmas business, and 43%...
5 Accounting trends to look out for in 2020
With changes in business practices, advances in technology and the number of accounting firms growing worldwide, it is not surprising that the accounting landscape is rapidly evolving. Accountancy firms are constantly keeping their eye out for new trends to adopt in...
E-commerce: Amazon trials Amazon Day in Germany
Following the original launch of Amazon Day in the US last February, Amazon has announced that they will be testing the service in Germany. Amazon Day is a service for Prime members that allows them to have their orders bundled and shipped on a day of their choice....
E-Commerce: AliExpress Will Offer Click & Collect Option at El Corte Inglés in 2020
The CEO of AliExpress in Spain and Portugal, William Wang, has announced that AliExpress will offer a click and collect option for AliExpress customers via El Corte Inglés. El Corte Inglés is Europe’s biggest department store, and AliExpress are looking to grow their...
E-commerce: Facebook introduce Facebook Pay
Facebook is set to launch a new payment system which will be implemented across all three social media platforms including Facebook Messenger, Instagram and Whatsapp. Facebook Pay will enable users to shop, make donations, and transfer money between peers on its...
E-commerce: Amazon will launch its first non-Whole Foods grocery in 2020
Amazon is set to launch its first non-Whole Food grocery store in LA next year. Despite the growing number of cashier-less Amazon Go convenience stores, its new non-Whole Food grocery store will feature conventional checkout technology. Furthermore, the store will be...
E-commerce: eBay Introduce ‘buy now pay later scheme’
E-commerce platform eBay has partnered with payment giant Afterpay to enable users in Australia to pay for their purchases in instalments. The deal will allow 11 million monthly users to purchase goods from over 40,000 businesses in split payments. Afterpay offers...
