1 hr 6 min
2021 Annual Predictions The Jason & Scot Show - E-Commerce And Retail News
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- Business News
EP251 - 2021 Annual Predictions
2020 Recap – Predictions made on episode 204
2020 Predictions Recap
Scot
Shopify wilts a bit – new competition comes out with different angles (marketcap stays static) – No Fedex does something drastic – buy eBay? Merge with Alibaba? No (but shoprunner for 0.5) The year of returns – “happy returns” – a startup raises $100M+ in space. No (but 0.5 for year of returns) Mallageddon continues At least another 8k stores Yes 8721 stores +1 Google gets aggressive in ecommerce Yes +1 (Bill Ready, etc…) Score 3/5
Jason
Walmart – growth slows due to completion of grocery build out. Marc Lore leaves Walmart. No on growth, yes on Marc Lore (0.5) Amazon – Opens affordable grocery concept. Digital grocery wars heat up. Yes Owned brands continue to grow. 5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). Yes Installment Payments heat up – At least one company is acquired (Affirm, Afterpay, Klarna, QuadPay, Sizzle) Yes (IPO’s) Digital in-store heats up, QR codes make a comeback Yes Score 4.5/5
2021 Predictions Jason:
Made to Order apparel business > 9 figures Retailer offers viable health alt insurance option to consumers Grocery E-Com > 10% someone deploys(not pilots) MFC Amazon Shopify Competitor (shipping solution) Retail Media > $20B Bonus – More store closures in 2021 than 2020.
Scot:
Amazon move to same day prime by opening a huge wave of neighborhood DCs (near DSPs) Shipping (Shopify) – launch own DSP Shopify marketplace ‘zero friction addiction’ sticks – I’ve seen 30-40% repeated a lot, I think it’s 60-80%. commerce penetration says at 16% or better in 2021. spac/ipo? Dnvb wave Bonus: post-covid anti-consumerism/materialism wave
Don’t forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes.
Episode 251 of the Jason & Scot show was recorded on Thursday, January 21st, 2021.
http://jasonandscot.com
Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.
EP251 - 2021 Annual Predictions
2020 Recap – Predictions made on episode 204
2020 Predictions Recap
Scot
Shopify wilts a bit – new competition comes out with different angles (marketcap stays static) – No Fedex does something drastic – buy eBay? Merge with Alibaba? No (but shoprunner for 0.5) The year of returns – “happy returns” – a startup raises $100M+ in space. No (but 0.5 for year of returns) Mallageddon continues At least another 8k stores Yes 8721 stores +1 Google gets aggressive in ecommerce Yes +1 (Bill Ready, etc…) Score 3/5
Jason
Walmart – growth slows due to completion of grocery build out. Marc Lore leaves Walmart. No on growth, yes on Marc Lore (0.5) Amazon – Opens affordable grocery concept. Digital grocery wars heat up. Yes Owned brands continue to grow. 5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). Yes Installment Payments heat up – At least one company is acquired (Affirm, Afterpay, Klarna, QuadPay, Sizzle) Yes (IPO’s) Digital in-store heats up, QR codes make a comeback Yes Score 4.5/5
2021 Predictions Jason:
Made to Order apparel business > 9 figures Retailer offers viable health alt insurance option to consumers Grocery E-Com > 10% someone deploys(not pilots) MFC Amazon Shopify Competitor (shipping solution) Retail Media > $20B Bonus – More store closures in 2021 than 2020.
Scot:
Amazon move to same day prime by opening a huge wave of neighborhood DCs (near DSPs) Shipping (Shopify) – launch own DSP Shopify marketplace ‘zero friction addiction’ sticks – I’ve seen 30-40% repeated a lot, I think it’s 60-80%. commerce penetration says at 16% or better in 2021. spac/ipo? Dnvb wave Bonus: post-covid anti-consumerism/materialism wave
Don’t forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes.
Episode 251 of the Jason & Scot show was recorded on Thursday, January 21st, 2021.
http://jasonandscot.com
Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.
1 hr 6 min