Category: News

Wal-Mart’s CEO of e-Commerce, Marc Lore has shared changes to their version of Amazon Prime, called “ShippingPass.” This was Wal-Mart’s attempt to offer a competitive 2-day shipping service, at almost half of the annual membership cost ($50). However, they are stopping the official ShippingPass service, but it’s not quite what you think. Instead of charging…

Amazon Plans to Hire 100,000 full-time employees On Thursday January 12, 2017 Amazon made a big announcement: It plans to hire 100,000 more full-time employees over an 18-month period. Amazon is building new fulfillment centers in California, Florida, and Texas, and will likely add many of these jobs to the new fulfillment centers. Amazon has…

According to this Mashable article, JET has been marketing in a different manner during the 2016 holiday shopping season. JET has switched their marketing campaign from TV commercials to digital media. This big change took place almost immediately after being purchased by Wal-Mart in August 2016. To give a perspective on JET’s increase in online…

The Wall Street Journal reported in this article that Amazon is developing their brick-and-mortar business around the U.S. and the world, after becoming the top online e-commerce business in the world. Wal-Mart – on the other hand – has done just the opposite. Wal-Mart has developed the largest and most successful brick-and-mortar business with their…

As reported in this CNBC article, Wal-Mart is planning for more big investments into its e-commerce side of business. As Wal-Mart plans for the next several years, they have made public its plans to slow down in opening new brick-and-mortar stores, while it plans to invest in its e-commerce business. In recent news, you may…

JET.com is thinking “outside of the box” to attract new merchants and customers to its website. Retailer apps (like JET) are able to display products and advertisements inside of Ibotta. If the consumer makes a purchase, or signs up as a merchant, Ibotta will give the customer cash back. The Ibotta app has grown quite…

CNN Money reports on August 08, 2016, Wal-Mart agrees to buy Jet.com for $3B in cash. They also agreed to give $300M in Wal-Mart stock over time. This is a small price to pay, when Amazon earns more than $100B annually. The CEO of Wal-Mart, Doug McMillon, believes this acquisition will help Wal-Mart build their…

Walmart sold its e-commerce business in China to JD.com (the second biggest online retailer in China). This strategic venture allows Wal-Mart’s brand to still operate its direct-to-retail business side of JD.com, while the online marketplace will be run by JD.com (a Chinese company) that is knowledgeable in e-commerce. China is now ranked the fourth-largest international…

Jet.com has a very different approach to e-commerce, including the way they design their product pages. For example, you may notice that in comparison to their competition, JET keeps their product pages very clean, with only necessary data. Below is interesting insight into how JET is designed, and how the product page is not just…

As a relatively new e-commerce marketplace, Jet has an advertising campaign to educate consumers about their brand. The real question is: Does Jet.com Make Money? The answer is no. Jet.com is still in the early stages, and is not making money. Despite this, they have no immediate plans to change their business model. JET did…