Join hosts Jason “Retailgeek” Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Founder and Executive Chairman of Channel Advisor, as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.
http://jasonandscot.com
episode 218: Amazon Q1 2020 Earnings and Covid News
EP218 - Amazon Q1 2020 Earnings and Covid News
Episode 218 covers some Covid-19 related e-commerce news, and provides an analysis of Amazon’s Q1 2020 Earnings.
AnnouncementNext weeks show will be a live listener question show. Join our Zoom webinar on May 6th at 9pm ET, and you can watch us make a show, and ask your own questions.
- https://us02web.zoom.us/j/89837125650?pwd=QTM2QWZKRDlSNFFIU0xnRmZ2VWowQT09
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- Shopify becoming a marketplace?
- Google shopping is now free
- Covid impact
- 630,000 retail businesses have been closed since mid-March (about 61% of sf sq)
- Forrester 16% E-Com -> 25% in april (70% digital influence)
- 3% digital grocery -> 10% digital Grocery
- Goldman Sachs: Retail Chain down 20.9%
- ShopperTrack: Traffic down 48%
- Bankruptcies – JCREW, Neiman, JCP, Tuesday Morning, Lord & Taylor
- Gordon Brothers 25,000 stores and 100,000 restaurants could end up closing permanently this year
- UBS 100,000 retailers close by 2025 (15% -> 25% e-com penetration)
- Everyone making PPE
- Happy Story: Pets (“adopt a pet” surged about 335% in volume)
Simon Properties Opening Plans
Amazon Q1 2020 Earnings- Earnings Release (PDF)
- Presentation
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Episode 218 of the Jason & Scot show was recorded live on Thursday, April 30th, 2020.
http://jasonandscot.com
Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.