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E-COMMERCE ENTREPRENEURSHIP: How to make six figures selling products online through dropshipping

Samantha Lee/Business Insider E-commerce is a growing sector of retail, as well as a burgeoning market for individuals looking to make money by selling products online. Dropshipping is a form of e-commerce selling in which the seller doesn't have to invest in inventory, so the start-up costs are low. Dropshipping can be done from anywhere, as a side-hustle or a full-time career. Business Insider has spoken to and vetted various e-commerce experts to put together a list of resources for pe...
Tags: Google, Amazon, Facebook, Nordstrom, China, US, Trends, Alibaba, Steve, Shopify, Kohl, Neil Patel, Patel, Samantha Lee, Evan Tan, Sattar


Cyber Monday: up to $12.7B will be spent online, marking biggest-ever US shopping day

Thanksgiving and Black Friday online shopping this year had big gains on 2019, but both still fell somewhat short of expectations in what is proving to be a good if more muted holiday shopping season, without the usual physical crowds to help enforce Covid-19 social distancing and many feeling the economic strain of the health pandemic. Now all eyes are on “Cyber Monday,” which has for the last several years has been the biggest online shopping day of the four-day stretch. Adobe predicts that it...
Tags: Amazon, TC, Adobe, US, Tech, Salesforce, Pacific, Shopify, Taylor Schreiner, Adobe Digital Insights Shoppers


Cyber Monday will be the biggest online shopping day in US history and sales could reach $12.7 billion, analysts say

Macy's flagship New York store had significantly fewer shoppers on Black Friday this year. Jeenah Moon/Getty Images Cyber Monday 2020 is expected to be the biggest online shopping day in US history, with digital sales reaching $12.7 billion, according to estimates from Adobe Analytics. This is a rise of more than a third compared to Cyber Monday 2019. Black Friday sales underperformed. Online sales from US consumers reached $9 billion, Adobe Analytics said – but the firm had expected t...
Tags: Amazon, Cyber Monday, Black Friday, New York, Adobe, US, Trends, Walmart, E-commerce, Online Shopping, Retail, Shopify, Business Insider, Macy, Yottaa, Adobe Analytics


Black Friday on track for $8.9B+ in online sales as shoppers stay away from brick-and-mortar stores

Black Friday — the day that launched 1,000 other shopping holidays — may have lost its place as the “start” of the Christmas shopping season by now (it gets bigger and earlier with each passing year). But the day after Thanksgiving still pulls in a crowd of buyers looking for a bargain and remains a major bellwether for tracking how sales will progress in what is the most important period for the retail and commerce sector. Because of the Covid-19 pandemic, this year was definitely slimmer wh...
Tags: Amazon, Black Friday, Ecommerce, Adobe, US, Tech, Walmart, E-commerce, Online Shopping, Shopify, Taylor Schreiner, Adobe Digital Insights Concurrently


Black Friday online shopping comes in $9B, $3.6B on smartphones

Black Friday — the day that launched 1,000 other shopping holidays — may have lost its place as the “start” of the Christmas shopping season by now (it gets bigger and earlier with each passing year). But the day after Thanksgiving still pulls in a crowd of buyers looking for a bargain and remains a major bellwether for tracking how sales will progress in what is the most important period for the retail and commerce sector. This year saw growth, but at the low end of the predicted range. Adob...
Tags: Amazon, Black Friday, Ecommerce, Adobe, US, Tech, E-commerce, Online Shopping, Shopify, Taylor Schreiner, Adobe Digital Insights Concurrently, Walmart Smartphones


As Silicon Valley gets disrupted by the pandemic, this CEO says tech companies should look to Canada to expand

Yung Wu is the CEO of MaRS Discovery District, an innovation hub located in Toronto, Canada. Yung Wu Yung Wu is an entrepreneur, VC, and the CEO of MaRS Discovery District, a startup innovation hub located in Toronto. Amid the pandemic and surge in remote work options, Wu says tech founders and workers should look beyond Silicon Valley to expand their businesses. In Canada, Wu says private and public sectors are able to collaborate for effectively, and that various funding programs, pandem...
Tags: Business, Japan, Opinion, White House, US, Toronto, America, Trends, Strategy, Tech, Canada, United States, Sony, Logitech, Nintendo, Silicon Valley


Thanksgiving online shopping hits record $5.1B, up 21.5% on 2019, 47% of sales via mobile

Thanksgiving for many is about eating, seeing family, reflecting and relaxing for the day. But for an increasing number of us, it’s also seems to be about shopping. Collectively, consumers in the US spent a record $5.1 billion buying goods online yesterday, according to analytics from Adobe. The company’s marketing technology division is following online sales in real time at 80 of the top 100 retailers in the US, covering some 100 million SKUs. And while the final sales figure fell well short o...
Tags: TC, London, Thanksgiving, Adobe, US, Tech, Shopify, LA New York, Walmart Target Amazon, Taylor Schreiner, COVID, Rainbow High Dolls Amazon, Adobe Digital Insights Heavy


Thanksgiving to come in just under $6B in US online sales, says Adobe

As people prepare and eat their Thanksgiving meals, or just “work” on relaxing for the day, some are also going online to get a jump on holiday shopping deals. Adobe, which is following online sales in real time at 80 of the top 100 retailers in the US, covering some 100 million SKUs, says that initial figures indicate that the US will fall just short of $6 billion in e-commerce sales for Thanksgiving Day. Shopify, meanwhile, said that based on activity of over 1 million merchants on its platfor...
Tags: TC, Adobe, US, Tech, Shopify, Walmart Target Amazon, Taylor Schreiner, Rainbow High Dolls Amazon


TikTok’s epic rise and stumble

TikTok’s rise in the West is unprecedented for any Chinese tech company, and so is the amount of attention it has attracted from politicians worldwide. Below is a timeline of how TikTok grew from what some considered another “copycat” short video app to global dominance and eventually became a target of the U.S. government. 2012-2017: The emergence of TikTok These years were a period of fast growth for ByteDance, the Beijing-based parent company behind TikTok. Originally launched in Chin...
Tags: Apple, Google, TC, Facebook, Asia, Instagram, Microsoft, Entertainment, Navy, California, Washington, Government, China, America, Tech, Walmart


YC-backed Cashfree raises $35.3 million for its payments platform

Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering. The Bangalore-based startup’s Series B was led by London-headquartered private equity firm Apis Partners (which invested through its Growth Fund II), with participation from existing investors Y Combinator and Smilegate Investments. The new round brings the startup’s to-date raise to $42 million. ...
Tags: Travel, Amazon, Fundings & Exits, Startups, Apps, Y Combinator, Asia, London, Finance, India, Funding, Paypal, Payments, Zomato, Shopify, Bangalore


LA-based Boulevard raises $27 million for its spa management software

Boulevard, a spa management and payment platform, has raised $27 million in a new round of funding despite a business slowdown caused by the COVID0-19 pandemic. Founded four years ago by Matt Danna and Sean Stavropoulos, Boulevard was inspired by Stavropoulos’ inability to book a haircut and Danna’s hunch that the inability of salons and spas to cater to customers like the busy programmer could be indicative of a bigger problem. The two spent months pounding the pavement in Los Angeles preten...
Tags: TC, Business, Small Business, La, Articles, Los Angeles, Tech, Customers, Economy, Financial Services, Laser, Shopify, Index Ventures, Chris McMillan, Vista Equity Partners, Boulevard


Affirm revealed its IPO paperwork. Here's a look inside the buy now, pay later frenzy, the new twist on financing that is a must have for everyone.

Klarna markets itself as a 'smoooth shopping' experience. Thomas Concordia/Getty Images Point-of-sale financing isn't new, but it's gotten renewed attention as a wave of startups like Affirm, Afterpay, and Klarna acquired millions of new users during the coronavirus pandemic. On Wednesday, Affim published its S-1, the paper detailing its planned initial public offering.  These fintechs offer consumers the ability to buy now, pay later, both online and in-store. And now, incumbents ...
Tags: Apple, Google, Amazon, Japan, UK, Etsy, Australia, France, Finance, China, US, Trends, Paypal, David, Canada, Tencent


Preparing for 2021: 3 Things Startups Need to Do Now

When they write the book on the history of 2020 what will it be called? “Just When You Thought Things Couldn’t Get Any Worse” “Twelve Months of Murphy’s Law: It Can. It Did. And it Didn’t Stop” “Stop the World, I Want to Get Off” “What’s Plural for Apocalypse?” As I write this there are still two months left in the year and it’s hard to imagine things getting worse. But hey, why not? Meanwhile, if you run a startup it’s your job to figure out how to get on with life and with business. A few mo...
Tags: Google, Amazon, Business, London, Startup, Shopify, Right Now, Murphy, Jeff, CBC News, Muammar Gadhafi, ABC CBS, Trint, Jeff Kofman, Trint Before, Zatevahins Shutterstock


'Profitboss' Is Saving Restaurants From Heavy Delivery App Fees

An anonymous reader quotes a report from Motherboard: Bay-area based startup Profitboss is pitching itself as the "easiest, fastest, and most convenient system to get back your customers from third party [services]." Free to restaurants, the service (which launched in 2018) lets restaurants open their own digital storefront. Profitboss CEO Adam Guild likes to compare his service to Shopify and the terms of agreement thread the same point: Profitboss, or "Placebull" deems itself a "virtual market...
Tags: Amazon, Tech, Shopify, Postmates, Bay, Guild, Adam Guild, Placebull, Profitboss, Amazon fulfillment centers Guild


8 Clever Ways to Double Your E-Commerce Conversions in 2020

With platforms like Shopify, BigCommerce, and WooCommerce, making it easy for new and established businesses to start and run their own e-commerce business, you might have thought about starting your online store soon. But just like establishing a physical store, creating an online store isn’t as easy it may sound. So if your online business goes through plateaus and declines initially, don’t get discouraged. If you’re having trouble coming up with new ways to get more sales and conversions...
Tags: Amazon, Business, Sales & Marketing, Shopify, Right Now, Don, Joanna Wiebe, Shopify Bigcommerce, BigCommerce BigCommerce, Gorodenkoff Shutterstock, Wix Wix, Copyblogger Use Images Videos Customers, Email Marketing Research, Ricky Hayes, Debutify


Goldman Sachs' cohead of investment banking is leaving. Here's everything that's been going on inside the powerhouse Wall Street bank.

Goldman Sachs CEO David Solomon. Getty Images Goldman Sachs has been going through some massive changes under CEO David Solomon.It's taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor day in early 2020, the firm is looking to execute on targets including multi-year cost-cutting plans. And it's making big pushes into businesses like wealth management and consumer banking. Solomon has also been interested in reducing the number of part...
Tags: London, Instagram, White House, Virginia, Trends, General Motors, Bloomberg, Michael Dell, Ubs, Silicon Valley, Goldman Sachs, Salt Lake City, Biden, Goldman, KKR, Blackstone


Inside Goldman Sachs' 2020 partner class: here's how one of the most elite clubs on Wall Street is transforming

Goldman Sachs CEO David Solomon. Getty Images Goldman Sachs has been going through some massive changes under CEO David Solomon.It's taken big steps involving transparency and inclusion to change up its culture. After its first-ever investor day in early 2020, the firm is looking to execute on targets including multi-year cost-cutting plans. And it's making big pushes into businesses like wealth management and consumer banking. Solomon has also been interested in reducing the number of part...
Tags: London, Instagram, White House, Virginia, Trends, General Motors, Bloomberg, Ubs, Silicon Valley, Goldman Sachs, Salt Lake City, Biden, Goldman, KKR, Blackstone, Wall Street Journal


Thriving in the Face of COVID-19: The Power of Support for Small Businesses

Whatever was on your New Year resolution list at the start of 2020, nobody could have planned for this. As we approach the end of a year most would rather forget, it’s a good time to reflect on some of the ways small businesses have pivoted, adapted and thrived amidst the challenges. So what sets those businesses apart? The Next Chapter for Small Business, a Forrester Consulting study commissioned by Xero, investigated how small businesses in key global markets have responded to COVID-19. It ide...
Tags: Business, Management, Shopify, Right Now, Xero, Forrester Consulting, Nick Houldsworth, Exec GM of Ecosystem Businesses


Salesforce hired a chief equality officer 4 years ago. Insiders are disappointed with the slow progress.

Hello everyone! Welcome to this weekly roundup of Business Insider stories from co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.Read on for more on Salesforce insiders saying diversity progress has been slow, former employers claiming a "boys' club" culture at elite law firm Jones Day, and Pfizer's vaccine feat.  (L to R) Tony Prophet, Salesforce chief equality and recruiting officer and Marc Benioff, Salesforce CEO and cofounder Steve Jenning...
Tags: Utah, Pinterest, Microsoft, Washington, White House, US, San Francisco, Trends, Georgia, Joe Biden, Cnn, New York Times, Connecticut, Larry Ellison, Silicon Valley, Goldman Sachs


In the News: Small Business Owners Ready to Handle a Crisis

Small business owners wear many hats and they are always putting out fires, but 2020 was especially challenging. However, 82% of entrepreneurs said they are better prepared to handle a crisis. This according to a new survey and report from American Express. Entrepreneurs in the U.S. are optimistic, better yet they believe (81%) the benefits of running a business still outweigh the challenges, even in the midst of a pandemic. The financial stability (89%), the ability to create jobs (85%), turni...
Tags: Washington, US, Sales, United States, Otter, Shopify, U S Small Business Administration, Small Business News, Adobe Analytics, BidToTalk, Small Business Owners Ready, American Express Entrepreneurs, PPP Loan Information A


Shopify Gift a Business Lets You Buy a Pre-Built Ecommerce Shop

Ecommerce giants Shopify is launching a new feature known as Gift A Business. The aim of the initiative is to encourage people to purchase a business for a budding entrepreneur if their life. Shopify’s Exchange Marketplace enables people to buy and sell businesses. The platform’s new Gift A Business feature allows anyone to purchase a pre-built Shopify store for family and friends. Gift A Business is available for the duration of the holiday season. The scheme starts on November 16, 2020. Shop...
Tags: Sales, Shopify, Small Business News, As Nicole Martins Ferreira Exchange Marketplace


5 Things You Need To Know To Successfully Manage A Remote Team

by Matt Martin, Co-Founder and CEO of Clockwise Morale has dipped during COVID-19. We’re separated from our friends, families, and colleagues but busier than ever. The majority of workers are reporting higher stress, greater anxiety, and emotional exhaustion. Employers have a responsibility to help workers get through this. Here are five ways to successfully manage a remote team. A No Meeting Day can improve focus and productivity . Companies from Shopify to to Asana have embraced the “No M...
Tags: Startups, Management, Remote Work, Harvard Business Review, Shopify, Eisenhower, Managing People, PTO, Matt Martin, Professionalisms, Remote Team, Matt Martin Co Founder, Focus Time


The Analyst Cam: 6 River Systems Fulfillment

As we have moved to virtual vendor briefings, I have increasingly been excerpting short segments (with permission from vendors), as part of my Analyst Cam series. Guy Courtin, Head of Global Alliances at 6 River Systems (acquired by Shopify but... [Author: vinnie]
Tags: Trends, Shopify, Vinnie, Analyst Cam


Theme parks up, e-commerce down. Stocks scrambled by coronavirus vaccine

Vaccine’s promise changes traders’ bets on Wall Street (STAFF GRAPHIC) Daily stock market gyrations should be taken with a dose of skepticism but Wall Street on Monday, Nov. 9, offered a window into what industries could be helped — and hurt — by a possible return to pre-pandemic life. News that Pfizer’s test vaccine proved safe and 90% effective in its latest trials boosted the drugmaker’s shares 8% Yet but far larger gains were found in companies far removed from medicine that have been har...
Tags: Amazon, Home Depot, Business, California, Wall Street, Amc, US, Sport, Joe Biden, Netflix, Soccer, Delta, Roku, Pfizer, Universal, Disneyland


Theme parks up, e-commerce down. Stocks scrambled by Pfizer’s coronavirus vaccine

Vaccine’s promise changes traders’ bets on Wall Street (STAFF GRAPHIC) Daily stock market gyrations should be taken with a dose of skepticism, but Wall Street on Monday offered a window into which industries could be helped — or hurt — by a possible return to pre-pandemic life. News from Pfizer that its early tests on a COVID-19 vaccine were 90% effective boosted the drugmaker’s shares 8%. Yet larger gains were found in companies far removed from medicine and hard-hit by pandemic-related busi...
Tags: Amazon, Home Depot, Business, California, Wall Street, Amc, US, Sport, Joe Biden, Netflix, Soccer, Delta, Roku, Pfizer, Disneyland, Carnival


Family office recruiters reveal big hiring push — Visa-Plaid drama — Fund launch from a Coatue rising star

Happy Saturday,What a week! Still trying to catch up on US election news? Click here to get the full rundown. We also rounded up internal messaging that top execs sent out to staff over recent days about the election, including notes and voice memos from PwC Chairman Tim Ryan, Goldman Sachs CEO David Solomon, and JPMorgan CEO Jamie Dimon. Visa-Plaid deal under fire The Department of Justice sued Visa this week to block its $5.3 billion acquisition of Plaid — and the fintech world is trying to un...
Tags: New York, US, Trends, Goldman Sachs, Department Of Justice, Doj, Wellington, Griffin, Shopify, Visa, Beverly Hills California, Citadel, Moelis, Milken Institute, Ken Griffin, Eduardo Munoz


Family office recruiters reveal big hiring push — Fund launch from a Coatue rising star — Visa-Plaid

Happy Saturday,What a week! Looking to catch up on the latest US election news? Click here to get the full rundown.  Visa-Plaid deal under fire The Department of Justice sued Visa this week to block its planned $5.3 billion acquisition of Plaid — and the fintech world is trying to unpack what this means for the M&A landscape. Here's everything you need to know: Plaid has been quietly building a new payments tool and Visa wants to buy it to squash competition, antitrust regulators sayThe DOJ's an...
Tags: New York, US, Trends, Department Of Justice, Doj, Wellington, Griffin, Shopify, Visa, Beverly Hills California, Citadel, Moelis, Milken Institute, Ken Griffin, Eduardo Munoz, Sohn Investment Conference


Goldman Sachs' CEO calls for unity — Visa-Plaid deal under fire — Construction-tech investment boom

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) near the close of trading in New York Reuters Happy Friday!The weekend is finally here. Regardless of who you are — or who you support — I think we could all use it. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals.Like the newsletter? Hate the newsletter? Feel free to drop me a line at [email protected] or on Twitte...
Tags: Trends, Goldman Sachs, Department Of Justice, Doj, Jamie Dimon, Shopify, Visa, Tim Ryan, Solomon, David Solomon, New York Stock Exchange NYSE, Goldman Sachs CEO, Temenos, Zach Perret, Jack Newsham, Goldman Sachs David Solomon


China just suspended Ant Group's $34 billion IPO, the largest in history. Here's how the company was spun out of Jack Ma's Alibaba and has transformed the global fintech market.

Jack Ma in 2018. Valery Sharifulin\TASS via Getty Images Ant Group, an affiliate fintech company of Chinese retail behemoth Alibaba, has been gearing up to go public with an anticipated valuation of around $300 billion. The company was formed in 2014 to run Alipay, a ubiquitous digital payment service used by millions of Chinese shoppers. Ant Group was initially scheduled to begin trading in China this week, but its IPO was suspended after Chinese officials conducted regulatory interviews ...
Tags: Apple, Amazon, Hong Kong, UK, Finance, China, Ipo, US, Trends, Strategy, Tech, Paypal, Cnn, Vienna, House Of Representatives, Shanghai


Panasonic’s Hybrid Live Camera, YouTube Shopping, and More

Each week we bring you Video: Explored, a live show featuring news, interviews, and insight into all things video, marketing, and brand growth. This post is the show notes from last week’s episode, but you can tune in live each Thursday to join the conversation. Subscribe and get alerted by clicking here. Panasonic’s new LUMIX BGH1 Panasonic announced their first box camera (sensor in a box; no screen, bring your own accessories). It’s the same exact sensor as the GH5s (a...
Tags: Google, Movies, Youtube, China, Panasonic, Nikon, Shopify, Atomos, Panasonic Gh4, Ndi, Nikon Z6, YouTube Shopping, Video Marketing Minute, Atomos Connect, Panasonic BGH1