Welcome back! Here’s your weekly update on the latest in online retail and dropshipping. Let’s explore the key highlights!
1. Amazon is using tech from a Khosla Ventures-backed startup to run robot warehouses at Whole Foods
Amazon is integrating robotics from Fulfil, a Khosla Ventures-backed startup, to automate warehouses at Whole Foods. This pilot project aims to streamline shopping by allowing customers to order online and pick up items in-store, enhancing convenience and reducing the need for multiple shopping trips.
2. TikTok Shop adds refurbished electronics
TikTok Shop is expanding its U.S. e-commerce by offering refurbished electronics from brands like Apple and Samsung, with verified quality and a 90-day buyer protection program.
3. Poshmark Takes on Google and TikTok With Gen AI Visual Search Update
Poshmark is enhancing its Posh Lens tool to allow sellers to quickly create product listings by snapping photos, aiming to streamline the selling process and boost sales. This move positions Poshmark alongside major players like Google and TikTok in the competitive visual search market.
4. Why retailers like Kroger & Walmart are adding streaming services to their membership programs
Retail giants like Kroger and Walmart are integrating streaming services into their membership programs to enhance value, attract and retain customers, and compete with Amazon's model by leveraging partnerships with platforms like Disney+ and Paramount+.
5. Amazon’s Key In-Garage Delivery now available in Canada
Amazon's Key In-Garage Delivery is now available to Canadian Prime members, offering secure and convenient package delivery directly into their garages, protecting items from weather and theft. This service is free for eligible members until March 31, 2025, with a small fee thereafter.
6. DHL expands contract logistics portfolio to the UAE to address increasing demand for specialized end-to-end supply chain services
DHL is expanding its contract logistics services in the UAE by transferring operations from DHL Global Forwarding to DHL Supply Chain, enhancing its ability to meet growing regional demand with seven new facilities and 600 logistics specialists.
7. Poshmark reverses decision to lower selling fees after sellers experience a drop in sales
Poshmark quickly reverted to its original fee structure after sellers reported a sales drop and voiced dissatisfaction over a new fee model that lowered seller fees but increased buyer costs, leading to fewer purchases.
8. Google revamps shopping feature with AI-powered product curation
Google Shopping is introducing innovative personalization features to help shoppers discover products tailored to their tastes. This new approach aims to make online shopping more enjoyable and relevant for everyone.
9. OnBuy prepares for European expansion
OnBuy, a UK-based marketplace, is set to expand across 14 European countries by the end of 2024, with plans to enter the U.S. next year. Their growth strategy includes a unique cashback model, offering immediate rewards on all purchases.
10. Amazon to deploy AI tech in delivery vans
Amazon is enhancing its delivery efficiency by equipping 1,000 electric vans with Vision-Assisted Package Retrieval (VAPR), which uses advanced technology to streamline package sorting, saving over 30 minutes per route.
Thanks for joining us for this week's top insights into online retail and shipping updates. Stay tuned for more updates next time!
