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“E-commerce is the meaning of history”

by archyw

INTERVIEW – The co-founder of Showroomprivé, analyzes the acceleration of online commerce and the transformation of purchasing behavior.

The co-founder and co-director, with David Dayan, of Showroomprivé – a web pioneer in France – analyzes the current upheavals.

LE FIGARO. – What have you learned from the health crisis?

Thierry PETIT. – The incredible resilience of the entire retail ecosystem! Brands, customers, logisticians, La Poste… everyone has been able to adapt. At Showroomprivé, we were barely coming out of two years of restructuring when the pandemic started last year. We switched to emergency mode and our employees were able to find solutions, even when it was necessary to do photo shoots in full confinement. Result: 2020 has been a year of growth for us, in a context that has boosted online commerce.

Isn’t e-commerce going to ebb with the reopening of stores?

Digital penetration has taken two or three years ahead of what was expected before the pandemic. In fashion, new consumers have converted to online shopping. Those who bought

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Health

Every third startup has received Corona aid

by archyw

Immediate aid, simplified short-time working benefits or a rescue package – during the corona pandemic, politicians launched numerous aid programs from which startups should also benefit. Around every third startup (38 percent) has applied for and received financial support so far.

Another 4 percent have applied for help but are still waiting for money, and payments have also been refused for 4 percent. 3 out of 10 startups (30 percent) did not apply for help because they could not meet the relevant requirements. And around one in five (22 percent) did not need any help at all. That is the result of a survey among more than 200 tech startups on behalf of the digital association Bitkom. Only 5 percent of all startups are satisfied with the state aid offers, 26 percent are more satisfied. But 31 percent are rather dissatisfied, 21 percent are even completely dissatisfied. “The wave of bankruptcies among startups feared at the beginning of the pandemic has not yet materialized. That speaks for the level of maturity that our startup ecosystem has now reached. Many tech startups have shown themselves to be economically sound and stable, even during the crisis, ”says Bitkom President Achim Berg. “As far as the effects of the corona pandemic and the political aid measures are concerned, opinions are divided in the startup scene. Rarely do you see so much light on one side and so much shadow on the other. “

9 out of 10 founders (87 percent) criticize the fact that the state aid measures were oriented too much towards the needs of corporations and medium-sized companies and too little towards those of startups. Half (54 percent) feel abandoned by politics. Around two thirds (62 percent) expect a wave of bankruptcies among startups in Germany as a result of the pandemic, 16 percent believe that for this reason their own startup is threatened with bankruptcy. One reason for this: for 55 percent of startups, it has become more difficult to attract new investors during the crisis. On the other hand, 40 percent say that their startup has benefited from the crisis. “The startup scene is very heterogeneous. The crisis hit startups very differently in their founding and growth phases, ”said Berg. “Some business models, for example in the area of ​​e-commerce or health, experienced massive increases in demand in the Corona times, others – for example in tourism or around mobility services – had to reduce their business to almost zero.” A large majority of 89 percent would like politics and administration are relying much more on the products and services of startups in order to cope with the corona crisis. After all, 42 percent state that they supported the fight against the corona virus with their offers.

Methodological note: The information is based on a survey that Bitkom Research carried out on behalf of Bitkom. 201 tech startups in Germany were surveyed online from March 4th to May 11th, 2021. The questions were “Has your startup applied for any form of government aid in the wake of the corona pandemic, such as emergency loans or simplified short-time work benefits?”, “How satisfied are you overall with the government assistance to cope with the corona crisis?” And “To what extent would you agree or disagree with the following statements on the spread and consequences of the corona pandemic?”

www.bitkom.org

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Business

MC Group brings “James Richard Amatawiwat”, a good fashion retailer, to join the management team.

by archyw

MC Group brings “James Richard Amatawiwat”, a good fashion retailer, to join the management team.

Date 02 Jun 2021 time 09:57

“Mac Group” draws “James Richard Amatawiwat”, a direct line of fashion, lifestyle and E-Commerce retail business.

Ms. Sunee Sereepanu, a major shareholder and Vice Chairman of the MC Group Public Company Limited or MC, a Thai fashion denim brand who has been with Thai people for more than 46 years, revealed that recently the Board of Directors of the Company has resolved to appoint Mr. James Richard Amatawiwat to join the Company’s management team. by taking the position Acting Chief Executive Officer instead of Mr. Wirat Sereepanu, which will be effective from June 1, 2021 onwards by joining the management team of Mr. James this time. McGroup is confident that With experience and expertise in working in retail, fashion, lifestyle and e-commerce businesses in both domestic and international markets. Mr. James will be able to join in driving the business of MC Group to be able to grow stably and sustainably.

“Mr. James has been in a senior management role for over 25 years, with experience managing highly successful companies in Thailand and in regions such as China, South Korea, the Philippines and Singapore. Including working with multinational companies such as P&G Coca-Cola Johnson & Johnson, as well as experience as a public company executive. listed on the stock exchange, it can be said that Mr. James’s entry was consistent with with strategies and plans for the growth of MC Group in fashion lifestyle business with full Omni Channel sales channels to provide convenience and convenience to customers, both offline and online, seamlessly.”

As for the business direction in the 4th quarter ending June 30, 2021 amid the Covid-19 crisis that has returned to the third round, Mac Group is confident that it will be able to generate growth and have a good gross margin. Because the company focuses on online sales channels that can grow well. and expanding the customer base by launching new collections continuously We still believe that MC will be a stock that will provide continuous returns to shareholders.

“Amid the COVID-19 crisis, MC Group’s performance continues to grow strongly. The net profit for the third quarter of 2021 (Jan.-Mar. 21) amounted to 93 million baht, an increase of 19.8% compared to the same period last year. As a result, the 9-month period of 2021 (July. 20 – Mar. 21) had a net profit of 430 million baht, an increase of 16.8% from the same period last year. with a net profit of 368 million baht, from sales revenue that has continued to grow, with the third quarter having total revenue of 776 million baht, an increase of 4% from the same period last year, and the 9-month period has a revenue of 2,633 million baht, an increase of 2.1%,” said Ms. Sunee.

Prior to joining the management team of McGroup, Mr. James Richard Amatawiwat used to hold the position. Chief Executive Officer of Minor Corporation Public Company Limited, responsible for planning business growth strategies Minor’s lifestyle

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Business

This E-Commerce Behavior Kills MSMEs, the Minister of Trade is Outraged!

by archyw

Jakarta, CNBC Indonesia – The government will immediately issue an official regulation on market lokapasar alias e-commerce. In essence, this rule will make Micro, Small and Medium Enterprises (MSMEs) safe from the abyss of destruction.

“Believe me, what I am doing is to protect existing MSMEs,” said Trade Minister Muhammad Lutfi during a visit to Transmedia, Friday (28/5/2021).

Lutfi said that the e-commerce he meant here, which sells is not in accordance with the principles of trade. Where the principle must be fair and beneficial.

“I’m being honest here, there are predatory pricing from e-commerce. Large price subsidies, as well as problems with the trade system for imported goods, which make SMEs and even retailers slowly crumble,” said Lutfi.

According to Lutfi, the rules that will be issued soon will include the main component of the trading process, namely the equal playing field. “Everyone who trades must comply with the rules. From taxes to equality. Both through e-commerce and directly,” he said.

Lutfi was surprised when a hijab was sold in an e-commerce at a price of Rp. 1,900 per pcs. This really messed up trading in the Indonesian market. Lutfi explained, e-commerce must comply with local regulations, and especially cross borders. He underlined the market workshop with this type of cross-border or cross-border.

“With cross border We don’t know who is selling it. They also use artificial intelligence to see who the Indonesians are buying, what color, how much is the price.”

“[…] then they immediately make the same. And sell it at PLB (Bonded Logistics Center) and finally all imported goods enter Indonesia, the price is slammed down.”

Lutfi emphasized that if e-commerce is not further regulated, especially cross-border and predatory pricing practices, Indonesia will slowly crumble in the future. “If I don’t arrange it, we will become their playground,” said Lutfi.

[Gambas:Video CNBC]

(dru / dru)


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News

How financial institutions can differentiate themselves today

by archyw

Carsten Dalquen is Account Director Digital at the IT service provider Macaw

The financial sector has undergone significant changes in the past few years. As new players, fintechs are putting pressure on traditional financial institutions, and customer behavior has changed fundamentally. Today, banking and insurance customers are more informed and more willing than ever to switch. If they are no longer satisfied with the products and services of their provider, they quickly migrate to the competition – after all, they are only a few mouse clicks away.

Differentiating yourself is becoming more and more difficult. Almost every bank today offers its customers mobile access to their current account and practically every insurance company makes its policies clearly available on an online portal. An optimal customer experience has developed from something unique to a hygiene factor in recent years.

So how can financial institutions differentiate themselves from the competition under these circumstances? By taking the next step in terms of customer experience and offering their customers real added value. You can start at four central points:

Optimize continuously. Products and services launched today are likely to be out of date tomorrow. That is why they should always be critically examined and adapted to the wishes and needs of the customers. What are your requirements and how would you like to manage your financial affairs? When answering these questions, financial institutions should not shy away from new approaches and rely on new technologies such as blockchain.

Rely on cooperation. The IT of many financial institutions still consists of individual silos: departments with their own systems that hardly exchange data with one another. The result: Customers have to provide their data several times and not all departments are up to date with the current status of the customer journey. The elimination of these silos is therefore a crucial prerequisite for optimally serving customers. But cooperation with external partners can also help. For example, financial institutions can react to the increasing demand for sustainable financial products by cooperating with environmental or climate protection organizations.

Ensure flexibility and scalability. When it comes to new products and services, it is crucial to bring them to market quickly. This requires flexible and scalable IT systems. Therefore, financial institutions should consider moving away from their on-premises environments and at least partially migrating their systems to the cloud. Local servers are not only expensive and time-consuming to maintain – they also have limitations in terms of flexibility and scalability. The cloud, on the other hand, enables financial institutions to react quickly to increasing data traffic and to access customer data in real time.

Collect customer data and make it transparent. Extensive data is generated in the interactions between financial institutions and their customers. They can be used to optimize your own services and financial products and better adapt them to customer expectations. When financial institutions collect this data and make it transparent, they get a complete picture of their customers and can proactively address their needs. Tools such as no- / low-code platforms help them to make the large amounts of customer data more accessible and usable for all relevant stakeholders in the company – and to use them specifically to create real customer added value.

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Business

Flash Express reveals 1.7 million parcels per day

by archyw

Khomsan Lee Chief Executive Officer Flash Express, a Thai transportation service provider and integrated e-commerce, said that throughout 3 years of providing integrated transportation and e-commerce services under the concept of “Thinking to In Mind In Delivery ”The company has transformed the transportation industry in Thailand with a variety of factors.

Starting from being a policy initiator Free delivery of the parcel from the first place. And open for service 365 days at an initial price of only 22 baht From the first day of service development at the end of 2018 until the year 2019, Flash Express can be opened to cover 77 provinces throughout Thailand later in 2019. Launched Flash Home, a business in the Flash Group group, which generates significant market interest

In addition, it has gradually launched various affiliate businesses such as flash logistics, large product service, flash fullfillment. Provides a one-stop warehouse service, Flash Money and Flashpay financial services. After 3 years of service, the company has an average of 1.7 million parcels per day, has more than 10,000 service branches and 4,500 Flash homes. Flash Express sees itself as an IT company. And ready to meet the needs of trade partners with leading technology

And to express thanks And reward customers for their trust And trust in Flash Express service for 3 years, the company has prepared to give special gifts in both the lucky draw that has many special prizes. You can follow more details at page: Flash express, Website: www.flashexpress.co.th, Line: @flashexpressth or via App: Flash express.

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Business

The Hungarian e-commerce sector is very difficult

by archyw

For the sixth time, GKI Digital is publishing the top 15 list of the Hungarian e-commerce sector based on revenue figures, which was significantly affected by two important market factors after last year’s omission: the coronavirus pandemic and eMAG and Extreme Digital. fusion.

Thanks to the former, the annual turnover of the sector reached a record level, in 2020 the combined turnover of the fifteen largest domestic e-merchants exceeded HUF 380 billion gross, which is 41% of the total online retail market, while last year the number of successfully delivered orders approached the 11.5 million.

EMAG-EDIGITAL STORED

Through the latter, eMAG-Extreme Digital has become the highest-selling e-merchant in Hungary, with a gross annual turnover of almost HUF 140 billion. The market position of the market leader is also well described by the fact that more than half of the 3.38 million Hungarian online shoppers bought at the company at least once in 2020.

Although detailed traffic statistics for each player are not available, the rest of the list had no reason to complain in 2020, as online retail sales grew by 45% overall, according to a press release from GKI Digital. All this also means that the sector has made at least three years ahead in its development in just twelve months.

one of emag’s delivery points in budapest: edigital products will soon be available here

Atlassian users, congregations! (x)

June 8-10. will again be between META-INF Atlassian Day. The most muscular artist lineup to date, with international performers. Focus on new Cloud and Data Center solutions.

Atlassian users, congregations! (x)
June 8-10. will again be between META-INF Atlassian Day. The most muscular artist lineup to date, with international performers. Focus on new Cloud and Data Center solutions.

At the beginning of the closures, shoppers first sought out well-known, well-known merchants online, so merchants who already had a well-functioning, well-established web store by spring 2020, plus were able to quickly and efficiently reorganize in line with the increased workload. processes, regroup the workforce and expand the product range and service range according to the needs.

Restrictions caused by the coronavirus and changed consumer habits have highlighted the need to implement complex, multi-channel operation. In order to have a unified customer experience, the relationship between the online and offline sales channels is disappearing, and instead of competing with each other, traders strive for integration and the creation and improvement of interoperability.

TOPICIST KIFLI.HU

The concentration of the Hungarian online retail market is indicated by the fact that the online turnover of the three largest domestic e-merchants exceeds HUF 200 billion in 2020, while the gross profit of the ten largest ones was around HUF 330 billion gross, while the turnover of the TOP15 field was around HUF 380 billion gross. . The podium here was slightly rearranged with the eMAG-Edigital merger, so the Czech-owned Alza.hu could take third place.

gkid-etoplista2020_ig_v20210520_01s

The TOP10’s turnover weight remains outstanding at 36%, while last year 17% of all domestic online purchases were made at these merchants. The turnover of the first 10 places of e-TOPLISTA increased by more than the 45% expansion of the market in 2020, by 54 percent in total.

Incidentally, two new players were able to enter the list, one Decathlon, which sells sports and leisure products, and the other FMCG, also like Czech, with a Czech background, kifli.hu, which preceded Auchant, Rossmann and DM. after TESCO, the second largest-selling FMCG company in the domestic e-commerce market.

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Business

[Elements Collection]Meituan plummets, who is Chunjiang Duck-Zhang Zongyong | Apple Daily

by archyw

Last week, Chinese food delivery platform Meituan (3690) was interpreted as a satire of Chairman Xi after the founder Wang Xing published a Tang poem “Burning Book Keng” on his blog. Its stock price plummeted and its market value evaporated by HK$120 billion a day.

Except for the small investors who held Meituan stocks, the chairman was implicated. It is absolutely no treacherous disaster. How can the chairman always read Tang poetry? Otherwise, the minister missed the country.

According to market news, the first large-scale sale of Meituan was mostly from Beishui. In terms of political sensitivity, our comrades in the north are more than a few more than Hong Kongers. Foreign capital (which has not yet withdrawn) supports Hong Kong as an international financial center, and it is just trying to use its function as a “receiving station for China’s news.” But what I see is the fear and sympathy of mainland investors for power.

Many people blame Mao Zedong and the Gang of Four for the damage of the Cultural Revolution, but I think the culprit is the people’s lack of reflection and the worship of the power structure from the top down. Nearly half a century after the Cultural Revolution, how much progress have we made?

Successful e-commerce must do two things well

After the Meituan accident, some commented that if you want to make a fortune in the mainland, you cannot be a poet. To exaggerate: Is it okay to continue reading English books? Is it okay to eat western food? This reminds me of the couplet at the entrance of the Happy Valley Cemetery: “Tonight, my body is back to my homeland, and his body is the same as the monarch.”

Meituan benefited from the epidemic last year, and its takeaway business soared. There can be many reasons for the recent drop in stock prices, such as being criticized for oppressing deliverymen, the central government’s aggressive crackdown on leading Internet monopolies, and so on. I glanced at the analysis reports of Chinese and foreign securities banks. Most foreign banks are relatively optimistic, with a target price above 400 yuan. On the contrary, the recommendations of Chinese banks are conservative and the target price is below 400 yuan. Who is the Chunjiang Duck?

For an e-commerce company like Meituan, to be successful, two businesses must be done well; one is customer service and the other is delivery (fulfilment).

By the way, JD Logistics (2618) is also preparing to go public recently. I have read some roadshow materials and saw that mainland e-commerce has done a very good job in logistics. From the original Great Wall of human flesh to the current electronic version. On the positive side of monopoly, the leader can invest a lot of resources to create economies of scale.

Zhang Zongyong

Senior Partner and President of Asia Pacific

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Business

Amazon plans to create 10,000 new jobs in the UK

by archyw

In London, Manchester, Edinburgh and Cambridge, new jobs are to be created in the software area and in the further development of artificial intelligence as well as in areas such as marketing or video production. In addition, the group announced for the next three years 10 million pounds (around 11.6 million euros) investments in education and training programs.

The pandemic has boosted demand for Amazon’s delivery services, the company had already hired hundreds of thousands of new employees last year and is now the second largest US employer behind retail giant Walmart. At the end of 2020, Amazon had around 1.3 million employees worldwide.

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Technology

This “stuffy” app wants to compete with Spotify and is already # 1 in Africa

by archyw

It is hardly known in the United States and Europe, but it is a phenomenon in Africa because it offers many artists the opportunity to show their art

In the midst of the global pandemic of coronavirus COVID-19, the firm Audiomack became Africa’s most popular music streaming service, overtaking global industry leader Spotify thanks to “a series of advantages valued by users“, comenta Bloomberg.

What’s new?

The application allows customers without paid subscription to download songs and listen to them in offline mode, while using a minimum of wireless data. In the context of continuous network connection problems, it is a huge draw for users.

In addition, the service helps to keep listeners interested in traditional African music, while helping to discover talents.

New artists get a path to visibility as they can upload songs even if they don’t have a contract with a music label or distributor..

The managers of Audiomack They select emerging artists four times a year in all genres and provide them with specialized marketing, which involves editorial programs, social promotion, playlists, and event planning.

Emerging artists

The success of Audiomack it was driven in part by a significant increase in users in Nigeria, the continent’s most populous nation. Subscription to the freemium package funded with downloadable song ads costs about $ 1.1 per month.

In comparison, to use Spotify, a user in Nigeria I would have to pay almost twice as much.

Audiomack seeks to market Spotify with a cheaper price

Audiomack seeks to market Spotify with a cheaper price

“Our goal is to bridge the gap between emerging artists and fans looking to discover them.“, he specified David ponte, co-founder and chief marketing officer of Audiomack.

The offer of downloads in the freemium service is “a great advantage for many people in Africa“, he claimed.

Source: Mdzol.com

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