The Jason & Scot Show - E-Commerce And Retail News

EP270 - Micro Service based commerce with Kelly Goetsch  Kelly Goetsch  ( @kellygoetsch ) is Chief Product Officer at CommerceTools  a leading MicroService based e-commerce platform, he is also the Chairman and co-founder of the  MACH Alliance , a non-profit organization formed help enterprise organizations to take advantage of open tech ecosystems that are  M icroservices based,  A PI-first,  C l...

EP269 - New CEOs at Amazon and Instacart, Other news  Breaking News: Instacart has appointed Facebook executive  Fidji Simo  as its new CEO Amazon News Jeff Bezos steps down Amazon offers it's multi-channel fulfillment (MCF) to Big Commerce customers Other News Shopify Unite 2021 Instagram leans into commerce Nike earnings Warby Parker IPO Episode 269 of the Jason & Scot show was recorded on Thurs...

EP268 - Amazon Prime Day Recap with ChannelAdvisor CEO David Spitz David Spitz  ( @davidspitz ) is the CEO of  ChannelAdvisor . He joins us this week to share ChannelAdvisor data from Amazon Prime Day 2021. Amazon Prime day was launched in 2015 to celebrate Amazon's 20th anniversary, and has become a world-wide summer shopping event. The length of the event has been slowly expanding since 2015, so...

EP267 - Deep Dive into Food Commerce with Matt Newberg of HNGRY Matt Newberg  ( @thenewb ) is the founder of HNGRY ( hngry.tv ). In this episode we deep dive into the rapidly changing digital grocery and digital restaurant industries. Topics Covered: Changes in competition between grocery, QSR, and fast casual. Digital restaurant marketplaces (Door Dash, Uber Eats) Digital grocery marketplaces (In...

EP266 - Minoan CEO Marc Hostovsky on Native Retail  Marc Hostovsky , CEO of  Monoan  an innovative "Native Retail" concept. Monoan makes it easy for consumers to natively purchase products that they have tried and loved during hospitality experiences. Such as buying the bedding used in a boutique hotel room you are staying at. Marc founded Monoan after previous commerce experiences at Jet.com and...

EP265 - News and Listener Questions Amazon News Amazon acquisition of MGM DC attorney general sues Amazon on antitrust grounds Amazon limited FBA access Amazon addressing review fraud Amazon Prime Day likely June 21 and 22 Other News Perch (from  Episode 252 )  raises $775M Walmart testing a new livestream forma t Fedex struggling with late deliveries  and  adding higher surchages Retail Q1 Earnin...

EP264 - Retail Earnings, E-Commerce Quarterly Data  US Dept of Commerce Data April Sales – Flat vs. March 2021, up 41% vs. April 2020 (severely Covid impacted month). Many categories were wildly up, most notably Apparel which was up 727% vs the same month last year. Q1 E-Commerce – Up 7.7% vs Q4 2020, up 39.1% vs Q1 2020. Retail Q1 Earnings Walmart – US E-Commerce up 37% YoY, same-store sales saw...

EP263 - Amazon Unbound Author Brad Stone  In 2014 Brad Stone wrote the seminal biography of Amazon, "The Everything Store." In it, he discovered Jeff Bezos birth father, and even earned a negative review on Amazon, from Amazon's co-founder Mckinsey Scott (then McKinsy Bezos). Brad is also a Senior Executive Editor with Bloomberg News, and can be found at his personal website brad-stone.com . This...

EP262 - Amazon Q1 Earnings It's Q1 earning season. We recap Amazon, EBay, and Shopify Q1 earnings reports. We also lightly touch on Google and Facebook earnings and cover some other Amazon news. 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 lates...

EP261 - Benedict Evans Benedict Evans  ( @BenedictEvans ) has been a VC, an operator, consultant and an investment banker.  His VC career includes a five year stint as partner at Andreessen Horowitz. He know lives in London, where he publishes an excellent weekly newsletter " What mattered in tech this week? ", a podcast " Another Podcast ", and some epic annual presentations, such as this years "...

EP260 - March Retail Sales Data, Amazon Shareholder Letter  March Retail Sales March retail sales  data from the US Department of Commerce is out. March retail sales were $556,935B, up 26.9% from March of 2020. Year to date retail sales are $1,589,538B up 16.4% from Jan-Mar of 2020. Non-store sales were $93,111B, up 16.7% from March of 2020. Bezos Shareholder Letter Jeff Bezos published his  final...

EP259- Listener Questions News Amazon is building Micro Fulfillment Centers  to deliver fast-moving grocery & convenience SKUs in under 45mins. Locations include Seattle, DC, Baltimore, Dallas, Nashville, Detroit, Chicago, San Diego, Phoenix launching this year. Listener Questions Ted: will headless commerce take off in 2021? why/why not? RetailRazor: Amazon has been getting hit w/an endless serie...

EP258 - Retailer Owned Brands and Other News  CPG's and other traditional houses of brands, have not had a lot of recent success launching new brands. Challenger brands get a lot of buzz, but they are struggling to scale. Meanwhile, retailers are quietly launching new "owned brands" every year that sell over $1B. In this episode we cover the latest owned brand news from Amazon, Target, and Bed Bat...

EP257 - Cookies, IDFA, and Commerce Deep Dive Changes in mobile tracking (IDFA), and browser tracking (third party cookies) are likely to disrupt digital commerce. Here is everything you need to know. Background Privacy Law Changes California Consumer Privacy Act of 2020 (CPRA) California Consumer Privacy Act of 2018 (CCPA) EU General Data Protection Regulation (GDPR) Third Party Cookies Safari (1...

EP256 - Colin Bryar former Amazon Chief of Staff and author of Working Backwards Happy episode 256, our penultimate 8-bit episode! (we're going to have to migrate to 16-bit for next week). Colin Bryar  is author of " Working Backwards: Insights, Stories, and Secrets from Inside Amazon " (affiliate link). This is the definitive book about the unique processes, programs, and culture implemented at A...

Announcement: Live Clubhouse Chat: Shopify vs Amazon Wednesday night March 3rd, 9:30pm ET we'll have a live chat on Clubhouse discussing the epic battle between Amazon and Shopify. http://joinclubhouse.com/event/M4knLWBy 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...

EP255 - Instacart Chief Revenue Officer Seth Dallaire Seth Dallaire  is the Chief Revenue Officer at Instacart. In this interview, we cover his experience at Amazon, the challenges of operating Instacart's 4-sided marketplace, key trends in the digital grocery space, and Instacarts evolution as a retail media network. Episode 255 of the Jason & Scot show was recorded live on Wednesday, February 10...

Episode 254 is a breakdown of Walmart and Shopify Q4 2020 earnings reports, a recap of 2020 sales data from the US Dept Commerce, and Amazon News. 2020 Sales Data US Dept of Commerce  released it's retail data for December, which gives us a full picture of 2020, as well as the Q4 e-commerce data. Retail sales in 2020 were $5.6T, representing 27% of the U.S. GDP Retail as a whole experienced health...

EP253 - Amazon Q4 2020 Earnings Amazon Earnings Amazon reported in  Q4 2020 earnings  on Tuesday Feb 2. Jeff Bezos is stepping down as CEO and moving into an executive chairman role. Read his  letter to employees  here. We deep dive into the Q4 and full year 2020 results. Sales, profit, and free cash flow were all above expectations. US product sales had a robust 44% YoY increase. 3P continues to...

EP252 - Amazon FBA Roll-ups w Chris Bell CEO of Perch  [NOTE: The audio quality of this episode is not up to our usual standards due to some internet challenges. But we felt the content was valuable enough to publish the episode anyway.] A number of firms are acquiring, or some would say rolling up, brands that primarily distribute their products on Amazon using Fulfillment by Amazon. By some acco...

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 ret...

EP250- Holiday 2020 Recap This week we recap the commerce results for Holiday 2020 (including the data sources you can use to get a read for yourself), give an update on #shipageddon, and cover some industry news.   2019 2020 YoY %Ch Stores $864.69 $822.79 -4.8% Online $140.28 $190.47 35.8% Total $1004.97 $1013.26 0.8% Nov-Dec Sales estimates from e-marketer $B November Retail Sales Aren't As Omin...

EP249 - Holiday shipping data from ShipBob  Casey Armstrong  ( @CaseyA ) is CMO at ShipBob, a third party logistics provider that offers e-commerce fulfillment for thousands of brands. They are able to see the carrier shipping performance for all those clients and provide aggregate data that gives us insight into holiday shipping performance, also known as #shipageddon. Shipageddon Repository Ship...

EP248 - Cyber 5 with Salesforce's Rob Garf  Rob Garf  ( @retailrobgarf ) the VP of Strategy and Insights, Retail and Consumer goods at Salesforce. Rob also earned a 10/10 from  @ratemyskyperoom  which makes me extremely jealous. Cyber Week online sales unfolded in the pattern we expected after the first three quarters of the year. Digital sales surged an unprecedented 71% in Q2 globally and signif...

EP247 - Cyber 5 with Adobe Vivek Pandya  is the  Senior Digital Insights Manager at Adobe. Data from Adobe , which uses  Adobe Analytics  to analyze one trillion visits and 100 million SKUs from 80 of the 100 largest retailers in the U.S., found that consumers spent a whopping $34.4 billion during this year's Cyber Week, which represents a 20.7 percent year-over-year (YoY) increase. Unsurprisingly...