A weekly look at new products from companies serving e-commerce sellers, this article includes the latest information on operational software, social commerce, post-purchase experiences, digital payments, business-to-business platforms, and the metaverse.
Are there any e-commerce product releases? Email releases@practicalecommerce.com.
New tools for sellers: May 7th
Swap secures $9 million to launch e-commerce operations platform. swapan e-commerce operations platform for direct-to-consumer brands, announced a $9 million Series A round led by QED Investors with participation from Cherry Ventures, 9900 Capital, and 2100 Ventures. Ed Hurren, Klaviyo Co-Founder. With this capital, Swap will launch Swap Global to explore new markets such as duty-free shipping, automatic tax remittance, and express customs clearance. Swap will expand its marketing and sales team while expanding its footprint in the UK, Europe and the US.
swap
TikTok announces new premium advertising service. Despite the possibility of forced sale in the United States, tick tock announced the Pulse Custom Lineup, featuring (i) new placement options for native Pulse ad campaigns and (ii) generative AI to curate trending content to fit a brand’s specific needs. tick tock Paramount Global and the NHL have also been added to the list of advertisers.
Amazon We are lowering low inventory level fees for FBA sellers. Starting May 15th, FBA’s low inventory fees will no longer apply to products that have sold fewer than 20 units in the past 7 days. Low inventory level fees Caused by excessive receiving and processing time Amazon Alternatively, Amazon-managed services will be refunded to the seller by the 15th of the following month. For Prime Day 2024, Amazon is offering a four-week exception for low inventory fees on items included in Prime-only Lightning and Best Deals.
Walmart uses Roblox virtual world to sell physical goods. walmart We now sell physical products in our stores roblox, a gaming platform.inside walmart discoveries Virtual Experiences (launching in 2023) allows users to have real-world products delivered directly to their homes. Users who participate in this experience will see a new storefront that showcases virtual twins of select physical products sold in Walmart stores. The player can then load an e-commerce window within her Roblox and mimic his shopping cart on the Walmart website.
Walmart discovered on Roblox
Meta introduces AI-powered tools for advertisers on Reels. To match campaign creators and brands, Meta has launched personalized machine learning-powered creator recommendations for brands on Instagram’s Creator Marketplace. Meta uses AI-powered software to make Reels ads more engaging. Advertisers can now include external links to new products in their reminder ads, helping to pique viewer interest and convert them into purchases.
ParcelLab integrates with Shopify for post-purchase experience. parcel labis a global post-purchase customer experience platform, now live on Shopify. ParcelLab’s Order Tracking app for Shopify works with the ParcelLab Engage product suite to provide Shopify merchants with instant integration with automatic data exchange, allowing them to track order data ( Create an embedded tracking page (including split shipments and return information). Shopify sellers can link their store data to and access ParcelLab. Post-purchase experience Features that increase engagement.
Mastercard and PrestaShop have partnered for Click to Pay online payments. e-commerce platform presta shop We partnered with master Card Introducing Click to Pay, designed to simplify the online payment experience for consumers across Europe. Click to Pay allows consumers to use payment cards without having to manually enter card details or remember passwords. All your information is securely centralized in a single profile, making it easy to manage your payment methods.
presta shop
Chase releases new digital products for small businesses. tracking currently offers a digital invoicing product for small business customers. This product is available at no additional charge to Chase Business Complete Banking customers. Additionally, Chase introduced Customer Insights, a business intelligence platform that provides actionable insights to help owners reach customers and make strategic decisions. This platform is available to customers who use Chase to accept credit card payments.
OroCommerce launches branded platform for B2B e-commerce. oro commerce, a B2B e-commerce platform, announced a strategic rebrand to coincide with a major 6.0 update to its commerce platform. This move brings together a set of features under the OroCommerce brand, providing a streamlined experience for manufacturers, distributors, and wholesalers. Previously, Oro Inc. sold commercial products as his OroCommerce, OroCRM, and OroMarketplace. The platform now includes a new in-store configurator, AI-powered product recommendations, sales enablement tools, enhanced search controls, and more.
ChannelEngine strengthens Amazon capabilities with acquisition of Retail Data Partners. channel engine, a marketplace integration and management software provider, has acquired Amazon vendor suite developer Retail Data Partners. The acquisition will enable ChannelEngine to manage Amazon’s vendors and sellers through one platform, providing process automation and deeper insights, and enabling immediate impact with features such as dispute recovery. can do. ChannelEngine powers first-party sales models and enables customers to have scalable hybrid sales strategies in the marketplace.
Brite offers instant payments to European Shopware sellers. bright payment We partner with e-commerce platforms shop wear We offer open banking-based instant payments to European businesses. Shopware merchants can now enable Pay by Bank. This allows customers to pay instantly from their bank account. Payments are made through the Brite Instant Payments Network. Shopware is one of Europe’s largest open source e-commerce platforms with over 45,000 merchants.
shop wear
