Around the Ecommerce world in 5 mins!

Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track.

We bring to you a curated digest of ecommerce developments/happenings around the world, compiled from various publications across the Internet.

People are still buying and selling feedback on eBay

There was once a time when people stressed about how much feedback they had on eBay. People would (and still do!) buy and sell accounts because they think they’ll be more successful if they have an account with 100 or 1000 feedback than an account with zero feedback.

1 in 10 online buyers abandons shopping cart due to cold feet

A Royal Mail study has found that one in ten online shoppers abandon items in their shopping cart because they get cold feet about how much they’re spending.The annual Delivery Matters report found that a third of UK online shoppers (34 per cent) frequently abandon their online shopping basket after loading it up with items. The reasons given by consumers for not sealing the deal on online orders include: “I was just browsing” (19 per cent), “I found a better deal somewhere else” (9 per cent), “I got interrupted when placing my order” (7 per cent) and “the item was out of stock” (7 per cent).

Amazon Still Wins if Sellers Flee to eBay

Even if Amazon’s crackdown on third-party merchants means some will flee to other marketplaces such as eBay, Amazon could still benefit from those off-market sales, according to Sam St Leger of Feedvisor, who had been a member of Amazon’s Seller Services team. That’s because sellers may continue to use Fulfillment By Amazon to fulfill orders placed on their own website or through a rival marketplace.

China boasts a mature mobile commerce sector

While China’s B2C e-commerce growth rate continues to trend down, at 33.3%, it’s certainly not something to ignore. The Ecommerce Foundation today released a new report about China’s fast paced B2C e-commerce market whose 2015 eGDP of 7.05% outstripped that of both the U.S. at 3.32% and the U.K at 6.12%. Findings revealed in the “China B2C E-commerce Report 2016” reveal an e-commerce market with continued potential, mobile maturity, and tech innovation.

IKEA embraces e-commerce with a surge of click and collect stores

After an initially slow embrace of e-commerce, the combination of online ordering and in-store pickup now proves central to IKEA’s growth prospects. The Swedish flat-pack furniture retailer known for its huge, sprawling stores located outside major cities said on Tuesday that it had opened more click-and-collect locations in fiscal 2016 than it did traditional stores. IKEA has actually opened 19 new click-and-collect locations — up from the meager three it opened in the previous fiscal year — seven more than the 12 traditional stores opened during the same period.