Shop Local, an e-commerce platform for indie retailers, reported that it's helping indie stores rank on page one of Google in 56% of states for wedding gift purchases. The findings are based on a recent study that Shop Local conducted regarding wedding registry purchasing.
Study Findings:
Shop Local, an e-commerce platform, reported that it's helping indie stores rank on page one of Google in 48% of states for wedding gift purchases. The findings are based on a recent study that Shop Local conducted regarding wedding registry purchasing.
Study Findings:
In a recent Tableware Today article, I implored retailers to 'build their robot.' I encouraged them to invest in technology to automate their processes. I told them how larger retailers like Amazon and Walmart are spending heavily on technology, and that is the best spot to get long-term ROI. Yet, there is another area that indie stores can target to boost profit, and it requires less time and money than spending on technology.
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...Each month, our Leaderboard reports the best performers from among 1,500 indie stores, 3,000 brands, and 300,000 products with no man hours. Leaderboard results are automatically tallied and published on the first of each month; it’s as if I have an omnipotent robot that does this work for me. Automation like this is crucial to running a successful business.
Amazon, Walmart, and other retail giants spend massively on automation because this will decide the winners. In 2025, retailers will
...The Wall St. Journal reports on Walmart's progress against Amazon.
Article highlights:
Each month, our Leaderboard reports the best performers from among 1,500 indie stores, 3,000 brands, and 300,000 products with no man hours. Leaderboard results are automatically tallied and published on the first of each month; it’s as if I have an omnipotent robot that does this work for me. Automation like this is crucial to running a successful business.
Amazon, Walmart, and other retail giants spend massively on automation because this will decide the winners. In 2025, retailers will
...The Wall St. Journal shares this weekend that Walmart has automated 50% of its fulfillment process, bringing down fulfillment costs by 40%. This 40% in savings will thereafter be used as a pricing advantage against indie stores (and retailers of any size).
Walmart, like Amazon, is spending billions of dollars to accomplish this. The goal is to spend $1b today to save $1m tomorrow on labor and sell $1m more tomorrow. Long term, these numbers snowball and are in Walmart’s favor.
Last
Last week, I wrote about the desire for Big Retail (i.e. Amazon, Walmart, and other large retailers) to automate all parts of their supply chain. This weekend’s The Wall St. Journal shares that Amazon will spend about $105b on AI this year. (Alphabet will spend $75b and Meta $65b.)
AI is an automation tool. Indie stores will be expected to offer many of these tools because Big Retail does. But, as the article notes, these tools are very expensive and indie stores don’t have the
...These retailers using Shop Local located in Louisiana appear on page one of Google:
How we conducted this study:
We Googled "wedding registry Louisiana."
Study Results: