In an internal letter to Amazon.com employees yesterday, Jeff Bezos announced that he will be stepping down as chief executive of the company in the third quarter this year to become its executive chairman. It will mark the first time that someone other than Mr. Bezos has led the day-to-day business at Amazon since its founding.
Customers’ interest in subscription-based buying has also seen an increase over the past year, with more than a third (37%) of consumers have subscribed to a paid next-day delivery service such as Amazon Prime – 9% more compared to two years ago.
Google has a storied history with services for ecommerce products. The first was Froogle. Then Google Base absorbed Froogle. Both provided a method for merchants to inform Google about their products to improve visibility in organic search results.
The Knot’s Kristen Maxwell Cooper joins “Marketer’s Brief” to discuss what’s ahead for the wedding industry, including Zoom ceremonies and other lasting trends.
2020 upended nearly every aspect of the retail industry. Many retailers were forced to temporarily shutter stores, furlough employees and adjust strategies on the fly to account for increased e-commerce demands as the pandemic hit.