Consumer Goods, eCommerce Sales and Groupon

Sunil Rao, Global Head of Consumer Goods, Salesforce

Three ways consumer goods leaders are investing in the future

  • “Amazon’s reach has swept the industry: 68% of CG leaders think that consumers are more loyal to Amazon’s Marketplace than individual brands.
  • Retailers and brands are losing the battle for replenishment: Shoppers are choosing online marketplaces 47% for repeat purchases, ahead of retailers (34%) and brands themselves (20%).
  • Powerful private-label brands from the likes of Tesco, Hema, Costco, Amazon, and Walmart are soaring to new heights: In 2018, Costco’s Kirkland brand earned nearly $40 billion — an 11% increase from 2017 (and more sales than Campbell Soup, Kellogg’s, and Hershey combined).”

https://www.google.com/amp/s/www.zdnet.com/google-amp/article/three-ways-consumer-goods-leaders-are-investing-in-the-future/


Commerce Dept: eCommerce Sales Jump 12.4 Pct In Q1

  • “The Commerce Department reported Friday (May 17) that eCommerce sales were up 12.4 percent from last year to $127.3 billion, measured in terms of non-seasonally-adjusted data.
  • And eCommerce sales have doubled through the past five years, noted Seeking Alpha, reaching a recent threshold last year of more than $500 billion.
  • Walmart stated that its eCommerce sales grew by 37 percent. Management said on the earnings call”

https://www.google.com/amp/s/www.pymnts.com/news/retail/2019/us-commerce-department-online-sales/amp/


Groupon Celebrates 200 Million App Downloads

  • “Planned mobile improvements in 2019 include using Groupon’s proprietary data, machine learning and AI to improve discovery, relevance and service on the platform. Mobile is also a key enabler of Groupon’s booking and voucherless initiatives that make it easier for people to use their Groupons.”

http://new.whatmobile.net/groupon-celebrates-200-million-app-downloads/

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