A weekly podcast with the latest e-commerce news and events. Episode 16 includes Mobile World Congress recap, Target Earnings, Sports Authority Chapter 11, and Book Recommendations
EP016 – Mobile World Congress, Target Earnings, Sports Authority Chapter 11, and Book Recommendations
Mobile World Congress recap:
Mobile Connect – http://www.gsma.com/personaldata/personal-data-programme
Echoss – http://www.12cm.co.kr/en/12cm
Q4 results continue to come in:
Comp sales up 1.9 vs Walmart 0.6%
Signature Categories up 6%
Traffic up 5 consecutive quarters
Q4 E-Com Up 34% vs Walmart 8%
30% of orders fulfilled from stores
E-commerce up 31% for Full Year (vs 30% last year)
Free Shipping vs. Walmart $50 threshold
Gross Merchandise Volume rose 86% in local currencies, mainly driven by Argentina and Brazil. Marketplace revenues grew 63% and non-Marketplace 79%. Total revenues accelerated to 69%, all in local currencies.
Total payment transactions grew 79% to 25.4 million, while Total payment volume grew close to 100% in local currencies, reaching $1.5 billion. MecardoEnvios (MercardoLibre’s payment platform) penetration close to 70% in Brazil, and 50% considering only the countries where the shipping solution is available. 2016 forecast – 23% GMV growth, caused by headwinds in BR – transition to next blurb.
Sports Authority files chapter 11
Closing 140 stores (1/3 of total)
Expect / trying to come out the other side in better shape
$1b in liabilities $50k in assets
- Brita filter with self-replenish via Dash
- Amazon Prime Now reaches 48% of the US population
This week we want to introduce a new segment called Jason and Scot recommends:
Originals is by Adam Grant with a foreword by Sheryl Sandberg
The Amazon Marketplace Seller That Says It Has “the Colombian Cocaine” of Algorithms
By Burt Helm on Slate
Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future
by Ashlee Vance
Extraordinary Experiences: What Great Retail and Restaurant Brands Do
by Denise Lee Yohn
Episode 16 of the Jason & Scot show was recorded on Wednesday, March 2nd, 2016.
Marc Desrosiers says
In your last podcast on mobile commerce Scot in passing mentioned retinal scans. Check out this money transfer system. It uses retinal scans for ID.
Thanks for the great show.
Subscriber to your podcast & ChannelAdvisor customer,