E Commerce Business

https://www.cnbc.com/2022/02/17/doordash-shares-soar-20percent-after-posting-record-order-numbers.html DoorDash shares soar after posting record order numbers Shares of  DoorDash  closed up 10% on Thursday after the company  reported  earnings that showed a record number of people placed orders in the fourth quarter. The delivery company notched 369 million orders during the quarter, an increase of 35% year over year, and higher than the 361 million orders analysts’ expected, according to the Wednesday report. Consumers also continued to spend more on orders. Gross order value expanded 36% year over year to $11.2 billion, exceeding Wall Street’s projected $10.6 billion. Fourth-quarter revenue came in at $1.3 billion, beating analyst estimates of $1.28 billion. The company reported a 45-cent loss per diluted share, wider than the 25-cent loss figure collected by Refinitiv. DoorDash benefited heavily from stay-at-home trends during the coronavirus pandemic, as many res...

https://hbr.org/2021/05/how-e-commerce-fits-into-retails-post-pandemic-future How E-Commerce Fits into Retail’s Post-Pandemic Future If we have learned one thing from the past year, it’s that things can change in an instant — changes we thought we had years to prepare for, behaviors we assumed we’d stick to forever, expectations we have of ourselves and our organizations. This is true of the way we live, the way we work, and the way we shop and buy as consumers. In early 2021, the  EY Future Consumer Index  (Index), which has surveyed thousands of consumers since the early days of the pandemic, found that 80% of U.S. consumers are still changing the way they shop. Sixty percent are currently visiting brick-and-mortar stores less than before the pandemic, and 43% shop more often online for products they would have previously bought in stores. One of the most significant effects of Covid-19 is the realization that, for many of us, geographical location has become less ...

https://hbr.org/2013/03/do-you-really-want-to-be-an-ebay Ebay Most companies that serve as intermediaries between buyers and sellers face a fundamental strategy decision: Should they be resellers (like supermarkets), acquiring and then reselling products or services? Should they operate as multisided platforms (like eBay), connecting buyers and sellers without controlling or owning the offerings being sold? Or should they blend the two models? The past decade has seen a multisided-platform (MSP) bubble. One reason, undoubtedly, is the success of eBay—and of Rakuten and Taobao, eBay’s counterparts in Japan and China, respectively. Another is that multisided platforms look financially more alluring than resellers. These marketplaces usually take a cut from each transaction, which goes almost straight to the bottom line. As a result, their operating costs are low and their percentage margins are high. Because resellers must buy and then sell their offerings, they typically have higher rev...

 E Commerce Business https://www.consumerreports.org/online-shopping/pros-cons-amazon-prime-a7384439028/ Amazon Prime Amazon has increased the price of its Prime service in the U.S., the first time the digital retailer has raised rates for its premium service since 2018. The price of a Prime subscription with a monthly fee is now $14.99, up from $12.99. The annual membership has climbed to $139 from $119; current Prime members will see their membership rise on the date of their next renewal. The price of a membership for students has also gone up. If you’re taking at least one course at a college in the U.S. or Puerto Rico, you’ll now pay $69 for an annual Amazon Prime Student account—up from $59—or $7.49 (a dollar more) for a month-to-month membership. And beginning May 5, Prime members who subscribe to Amazon Music Unlimited will see an increase of $1 from 7.99 to $8.99 per month, just $1 less than the cost for non-Prime members. “As expected over the holidays, we saw higher cost...