Ecommerce 4.0 is Retail's Next Frontier
Or, is the word 'retail' itself ready for a major transformation? As bricks and mortar retailers and 'traditional eCommerce' players are battling it for share online, there's a major transformation quietly happening that could make the words 'retail' or 'E-retail' increasingly out-of-date.
There's a whole new concept happening; if a company has substantial web presence (i.e. we're all on it all the time), what's to stop them from selling to consumers with something as simple as a "Buy Now" button? Once, we connect our logistics infrastructure with APIs to all the trading partners, why wouldn't consumers buy products from Shopify, Google, Pinterest, Facebook or anywhere online?
The most blatant example is the Shopify Fulfillment Network. Most people think of Shopify as a place that hosts online retailers and maybe that enables payments, but once Shopify has its own fulfillment network, isn't it a competitor to Amazon and all retailers? If a consumer can search for products, click to buy/pay, and there's fulfillment and delivery available; pretty sure that's what we call 'retail.'
Our warehouse network (Los Angeles, Seattle, Dallas, Chicago, Toronto, Atlanta, and Scranton) is increasingly connecting to all-things online, and providing a backbone for retail's next frontier. I don't want to imply that bricks and mortar and 'traditional eCommerce' won't be huge for a long time, but there's clearly another category budding.
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5yThis would be great. Barrier #1 on any marketplace outside of FBA is freight. Since Walmart doesn't have a 3Pl available to sellers, they should offer a freight subsidy program for sellers. It would entice more sellers to move to their platform. We'll ship from our warehouse but find a way to help us curb the freight cost. I'm not sure Walmart is fully committed to the marketplace model. The current platform doesn't entice sellers to spend money with WMG. Not to mention this would lesson the carbon footprint. Items only trucked one time: warehouse to consumer and in original ship rated packaging, so no extra boxes.
Professional in Transportation and Information Technology industries.
5yThe transportation industry is loaded with "Mom and Pop" companies. Could this be the incentive for these companies to join forces to become bigger companies? Is the logistics piece always incorporated into the company as in Amazon or can the logistics piece have the look and feel of an Amazon by using contractors?
Founder & CEO @STOPWATCH
5yGood word. Nailed it!