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Cyber Monday Results Show Growing Pains in Logistics

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With a record-breaking $6.69 billion worth of online sales, Cyber Monday has become the biggest shopping holiday in US history - up by 16.8 percent from last year. It was also a record day for mobile transactions, generating $2 billion in sales, according to Adobe.

And it’s not just sales exploding.

Supply chain and shipping requirements are also growing, given the high demands of multi-channel shoppers.

Amazon Breaks Cyber Monday Record; 140 Million Items Sold by Small Businesses

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In a press release, Amazon announced that this year’s Cyber Monday has become its biggest shopping day worldwide.

Sales beat out not only Black Friday but Amazon’s very own Prime Day record this year (the 30-hour sale that generated approximately $1 billion in revenue). Although Amazon’s Echo Dots were the core bestsellers, third-party sellers also benefited during the five-day period following Thanksgiving.

Via Business Wire

eBay Cyber Monday 2017 Hits Record-Breaking Sales

It's not just Amazon that scored massive sales on Cyber Monday. eBay also reported having beaten its record, announcing Cyber Monday 2017 as its biggest sales event in eBay history. Sales included both online retail & auctions.

Via Tech Crunch

eBay Teams Up with Google to Create a Better Multi-Channel Shopping Experience

The voice-to-phone shopping experience has become much more seamless with the eBay's latest Google Assistant voice app.

The update lets shoppers start a product search on a Google Home device. Once the eBay voice app narrows down the search, those results can be sent to the user's phone.

Via eBay

Warehouses Need to Get Bigger, Smarter to Keep Up with Consumer Demand

Warehouse.jpgAs online retail continues to outpace physical stores, retailers and logistics firms are building more warehouse space: bigger and taller structures specifically designed for ecommerce and robots. The recent report by CBRE found that the average US warehouse today is 188,000 square feet - more than double the size in 2001.

Via Bloomberg

 

US Shipping Demands Are Rising, Along with Transport Prices

Freight companies and logistics networks are reporting that shipping across land, air, and sea has surged in recent years. In October alone, retailers and manufacturers spent 11.2% more to ship goods, compared to last year. This shows that shipping costs are increasing as transport networks become more crowded, thanks to the high logistical demands of ecommerce.

Via Wall Street Journal

Do you want to improve your warehouse logistics?

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Tags: cyber monday, ebay, ecommerce, warehouse, Amazon, logistics, Cyber Monday 2017

Albert Ong

Albert Ong

Albert Ong is the marketing manager at Jazva, a cloud-based multi-channel ecommerce solution that helps merchants fast track their online business. Jazva delivers a suite of enterprise functionalities that high volume B2B and B2C retailers need to compete and succeed in the market.

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