Trade war has given agricultural merchants a boost

ON DECEMBER 10TH Bunge, an American agribusiness giant, announced plans to replace both its chairman and its CEO. The move may seem ungrateful: the company’s profits surpassed analysts’ expectations in the most recent quarter, marking a turn after a string of bad years. But industry insiders were unsurprised. Despite cost-cutting and divestments, Bunge’s share price is […]

Shopping on Instagram opens to merchants in 8 new markets, including Canada, Brazil, and the U.K.

Instagram has come a long way since its $ 1 billion acquisition by Facebook nearly six years ago. No longer is it a funky photo-sharing app for friends: It now offers video, advertisers are courted en masse, and it has become a major platform for brand and celebrities. But Instagram is also emerging as a significant ecommerce tool […]

Amazon is discounting products from third-party sellers but risks angering merchants

(Reuters) — Amazon is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly. The “discount provided by Amazon” applies to products including board games and technological gadgets offered by other merchants as the holiday season approaches. The retailer has been trying […]

Instagram rolls out shoppable posts for more merchants (FB)

BI Intelligence This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please click here. Merchants using BigCommerce, an e-commerce platform with 50,000 small- to medium-sized businesses (SMBs), 2,000 mid-market businesses, and 25 Fortune 1000 companies, can now create shoppable posts on Instagram, TechCrunch reports. Shoppable posts allow merchants to tag […]

THE CONVERSATIONAL COMMERCE REPORT: Chatbots’ impact on the payments ecosystem and how merchants can capitalize on them

BI Intelligence To keep pace with the ongoing shift toward e- and m-commerce, retailers are turning to chat apps, where smartphone users spend considerable time each day. One way they’ve been accessing consumers on these platforms is through chatbots, or software programs that use business-to-consumer (B2C) text-based messaging as an interface through which customers can communicate with merchants […]