February 16, 2023 Shopify will power more than $200B in gross merchandise volume on its site this year, making it the largest and most direct read we have on the health of the direct-to-consumer market.We analyzed its 4Q22 results from last night to see what we could learn about…eCommerce healthConsumer demand and outlookShopify’s response to Buy […]
October 31, 2022 Shopify provided a lens into the health of the eCommerce market when it reported its third quarter results last week. It’s a great way for leaders inside large consumer and retail brands to understand the state of DTC and SMB retail, complementing the insight learned from Amazon’s results published last week. Big picture, the results […]
Topics Covered: October 31, 2022Shopify insights on DTC landscapeKroger/Albertsons store spin outsAmazon’s tempered outlookOctober is the new NovemberA rare Reddit case studyTrigo (Amazon JWO rival) raises new round
Topics Covered: August 15, 2022August CPG ThemesInsights on Walmart LuminateWalmart streamingRetailer or Supply Chain TechDigital vs. physical shelfNo more DTCLatest media option
4 minute readTL;DRInflation’s impact on discretionary purchases + return to stores drove decelerating performance this quarter (similar to last)Vertical integration of logistics is its biggest strategic bet ($1 billion on Shopify fulfillment network + Deliverr acquisition)Apple’s privacy initiatives and corresponding challenge for merchants to efficiently acquire customers was largely not discussedShopify appears to be saying […]
Topics Covered: May 23, 2022Part II: eCommerce Winter Retail BloodbathCharging for returnsRGD consolidationMetaverse developmentsLatest retail sales market data
9 minute readConsumer Demand ChangingLast week I wrote about surviving the eCommerce Winter, otherwise known as this time we’re in where digital growth has stalled and growth investors have shunned anything remotely positioning itself as “we’ll-make-money-once-at-scale”. Instead of “winter”, this past week could have been described as a retail bloodbath.
7 minute readExpectations ResetDespite the May weather, we’re entering a bit of an eCommerce winter, supported by Shopify’s results last week in which its GMV grew 16% (vs. 32% in the prior quarter and 114% in the March-2021 quarter). Shopify, acknowledging the slowdown in eCommerce spending (tough comps, increasing consumer mobility), focused much of its commentary […]