Each week we gather the top three eCommerce news items of the week. Here’s what stood out for us this week!
Ecommerce spending rose by over $900 billion during the pandemic as shoppers were forced to purchase their goods from home, according to research carried out by Mastercard. Mastercard’s Recovery Insights study predicted that ecommerce will continue to take a larger proportion of the market post-pandemic.
The study predicted that 20 to 30 per cent of the spending shifted from the high street to online will remain after the pandemic.
It also found that for every $5 spent, $1 was spent online, an increase from $1 in every $7 in 2019. Read the full article here.
Amazon Prime Day will be pushed forward to June this year as the multi-day sales event seeks to boost its Q2 earnings. Amazon was forced to push back its flagship sales festival from its usual July date to October last year as it grappled with supply chain and staff issues.
According to Recode, Amazon will now bring the event forward to middle or late June this year, though the retail giant declined to confirm the date. Read the full article here.
Online deliveries from the EU to the UK have divebombed by more than 50 per cent since January as Brexit regulations stop shoppers from buying abroad.
In the first quarter of 2021 ecommerce deliveries from across the channel dropped by more than a half compared to the final quarter of 2020, according to new research.
Separate research from the Office for National Statistics (ONS) supported these figures, showing that the value of imports from the EU dropped by £6.6 billion in January, the biggest fall on record. Read the full article here.