Here is a list of product releases and updates for mid-June from companies that offer services to online merchants. There are updates on visual search, lending, loyalty programs, payments, fraud protection, and gaming.
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Ecommerce Product Releases
Avalara helps businesses automate consumer use tax compliance. Avalara, a provider of cloud-based tax compliance automation for businesses, has announced the availability of Avalara Consumer Use, a new product to self-assess consumer use tax obligations and achieve compliance quickly. Use tax is owed by buyers when they’re not charged the full amount of sales tax on a purchase, or the item is used in another location or for a different purpose. Avalara Consumer Use integrates with Avalara AvaTax to automatically calculate consumer use tax based on current rules and rates. Businesses can easily integrate consumer use tax accruals into the filing process in Avalara Returns to automate sales and use tax return preparation.
USPS to launch a loyalty program. The United States Postal Service has created a loyalty program for shippers. The program has three tiers: Basic, Silver, Gold. Basic (no minimum spending) provides $40 credit for every $500 spent; Silver (at least $10,000 spent) provides $50 credit for every $500 spent; Gold (at least $20,000 spent) qualifies for commercial pricing. The loyalty program applies to customers using Click-N-Ship for Priority Mail Express and Priority Mail at retail rates. Beginning on August 1, 2020, the Postal Service will automatically enroll these customers in the Basic tier of the program. On January 1, 2021, the loyalty program will expand to the three tiers.
AWS and Slack partner for enhanced enterprise collaboration tools. Amazon Web Services and Slack have announced a new multi-year agreement to deliver services for enhanced enterprise workforce collaboration. The partnership will help distributed development teams communicate and become more efficient and agile in managing their AWS resources from inside Slack. Slack will migrate its Slack calls capability for all voice and video calling to Amazon Chime, AWS’s communications service for users to meet, chat, and place business calls. Slack is also utilizing AWS’s global infrastructure to support enterprise customers’ rapid adoption of its platform and to offer residency options for their stored data.
Amazon offers line of credit to sellers. Amazon Lending announced a new partnership with Marcus by Goldman Sachs to provide a Marcus Business Line of Credit for U.S.-based sellers. The Marcus Business Line of Credit offers competitive fixed-interest rates and provides Amazon sellers with funds as needed. As with the direct loans from Amazon Lending, the goal is to help sellers grow their Amazon business, as well as other online or offline channels. Eligible sellers will receive invitations via Seller Central to apply with Marcus for the line of credit. The rollout will occur gradually.
BlueSnap integrates with Splitit to offer installment payments. BlueSnap, an all-in-one payment platform, has announced its integration with Splitit to improve the merchant and customer experience on installment payment transactions. BlueSnap provides businesses with a payment gateway, merchant account, and advanced features that improve bottom-line performance. Splitit offers no-fee installment payments on credit card purchases, allowing consumers to break payments into smaller increments. Shoppers can buy now and pay later using a card they already have with no need to obtain additional cards or lines of credit, no application, no credit check, and no interest fees.
ClearSale updates Shopify app for increased fraud protection. Fraud protection player ClearSale has announced updates to its integration with Shopify, now as a public app, providing merchants with protection from fraud and chargebacks. ClearSale’s large, in-house team of analysts ensures that no order is declined without a fraud expert investigating it, providing merchants with a low rate of false declines. The public app, available to download for free from the Shopify App Store, requires minimal technical knowledge to add to an existing Shopify implementation.
Scuti offers ecommerce marketplace for video games. Scuti, an ecommerce platform, has announced its new marketplace, accessed directly through video games. Scuti’s platform lets brands market, sell, and ship directly to game players from within any Scuti-enabled game. The marketplace incentivizes players with Scuti points, which are redeemable against future purchases. Scuti is the creation of Nicholas Longano, who built in-game advertising company Massive Incorporated, which he sold to Microsoft in 2006.
Amplitude launches no-code product analytics. Amplitude has launched a no-code milestone analysis, empowering product teams to pinpoint the exact moments in the customer journey that convert new users into high-value customers. With the capabilities, Amplitude combines behavioral analytics with relative-time analysis (placing the event in the context of the user’s journey) to identify critical events. By identifying key milestones, product teams can engineer experiences to drive conversions.
Amazon expands aircraft fleet. Amazon has announced the lease of 12 Boeing 767-300 converted (into cargo) airplanes from Air Transport Services Group. These planes will join Amazon’s existing fleet of 70 to bring its entire network to over 80 aircraft. One of the new planes joined Amazon’s operations in May 2020, with the remaining 11 to be delivered in 2021. Amazon continues to expand on-the-ground operations in addition to aircraft. Amazon will open new regional air hubs at Lakeland Linder International Airport in Florida later this summer and at San Bernardino International Airport in California next year, along with the central Amazon air hub at the Cincinnati/Northern Kentucky International Airport in 2021.
Pinterest adds a Shop tab to its Lens camera for image search. Pinterest has launched a shop tab right on Lens results. Users just click the camera in the search bar, snap or upload a photo, and see a “Shop” tab with a feed of shoppable pins based on the in-stock products identified in that image. Each product pin links directly to the checkout page on the retailer’s site. Pinterest has also partnered with Shopify to make uploading catalogs to Pinterest easier. Additionally, Pinterest announced shopping spotlights, a new way to shop curated picks from influencers and publishers.
CartSquad launches to help companies navigate marketplaces. CartSquad, a new company, has launched its end-to-end channel management for established and up-and-coming brands. Founded by a team of distribution professionals, CartSquad will launch and manage a brand on top ecommerce marketplaces such as Amazon, Walmart.com, Wish, Overstock, Wayfair, Rakuten, Tophatter, and more. CartSquad will optimize, market, warehouse, fulfill orders, provide customer service, and more. Pricing starts at $79.99 per month.
GenTech Proudly Secures Deal with TruLife Distribution to Drive Growth in SINFIT Digital Sales
Denver, CO, October 21, 2020 – OTC PR WIRE – GenTech Holdings, Inc. (OTC PINK: GTEH) (“GenTech” or the “Company”), an emerging leader in the high-end Premium Coffee (www.secretjavas.com), Hemp Wellness (www.hakunasupply.com) and Functional Foods (www.SINFITnutrition.com) marketplaces, along with its SINFIT Nutrition brand (“SINFIT”), is excited to announce that the Company has signed a new marketing, sales, and distribution agreement (the “Agreement”) with TruLife Distribution (“TruLife”) (TruLifeDist.com), a leader in marketing, distribution, compliance, e-commerce, and advisory services in the Functional Foods marketplace. The main focus of the new Agreement will be to accelerate the growth of e-commerce sales of SINFIT products, particularly over the Amazon.com platform.
TruLife provides direct access to sales on Amazon, Walmart, Rakuten, Wish, TopHatter, and other top e-commerce platforms, allowing clients to instantly list, ship, and sell products through any major platform, with an experienced team of experts and a proven track record of success in brand placement and digital sales strategies.
“We have already demonstrated a significant & expansive growth curve since taking control of the SINFIT brand in June,” commented Harold Vaca, VP Domestic Sales of SINFIT. “But the vast majority of that growth has been driven by large purchase orders from major distribution partners, both domestic and international. We are also committed to aggressively pursuing end-market consumer direct purchases through our e-commerce footprint, which will provide additional growth and diversify our cash flow ecosystem, making our overall strategy less dependent upon any one source of demand, while driving further growth in total sales.”
Management notes that e-commerce sales represent a sizeable portion of overall retail sales growth worldwide, with more than $3.5 trillion in online sales accounting for over 14% of total pre-pandemic global retail sales. Since the onset of the global health crisis, that ratio has shifted decisively further in favor of e-commerce sales, which is not likely to entirely revert back upon the advent of a viable and widely accessible vaccine.
Vaca added, “We have seen an epic process of market penetration for e-commerce platforms this year as major online retailers have begun to reach a much wider base of consumers – people who haven’t ever shopped much online, but have been forced to during recent months out of personal health concerns. Many of them will almost certainly continue to make use of e-commerce now that they have tried it out, at least to some extent, making e-commerce an essential sales channel for SINFIT products. TruLife has the network, team, experience, and resources to dramatically augment our e-commerce performance.”
SINFIT branded products registered over $2.2 million in global sales in 2019, and are now approved for sale and available for purchase on the Walmart.com and Amazon.com e-commerce platforms as well as in over 2,500 GNC locations in North America and over 10,000 global physical and e-commerce stores across more than 10 countries around the world.
SINFIT products as well-positioned relative to peers and to the long-term macro tailwind defining the functional foods market, which saw sales top $267 billion in February of this year on a global basis, with sales in the US reaching $63 billion, according to Euromonitor 2020. This trend is part of a larger supportive momentum in the general category, with global sales of organic food and drink topping $105 billion in 2018 (Ecovia 2019). U.S. organic food sales also reached $47.9 billion, up 5.9% in 2018 (OTA 2019). In 2019, 77% of U.S. adults used dietary supplements, an all-time high (CRN 2019). U.S. supplement sales are estimated to have reached $49.3 billion in 2019, up 6.2% (NBJ 2019).
About GenTech Holdings, Inc.:
GenTech Holdings, Inc. is a publicly traded company under the symbol GTEH. The Company launched a high-end Coffee Subscription service in early 2020 called Secret Javas, owns a Functional Food company, SINFIT Nutrition and recently closed its acquisition on Products-Groups’ “Hakuna Supply”.
This press release may contain forward-looking statements, including information about management’s view of GenTech, Inc.’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words “believes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of GenTech, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on GenTech’s future results. The forward-looking statements included in this press release are made only as of the date hereof. GenTech cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, GenTech undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by GenTech.
3dcart Teams Up with FedEx to Reduce Shipping Costs for Online…
“Shipping is central to eCommerce, and we’re always looking for ways to improve the experience for both our merchants and their customers. These discounts through the FedEx Advantage® program are the newest of several benefits eCommerce merchants can access.” —Gonzalo Gil, 3dcart CEO
TAMARAC, Fla. (PRWEB) October 21, 2020
3dcart, a leader in eCommerce software, announced today that it is collaborating with FedEx to bring competitive shipping discounts to online stores. This new enhancement brings even more benefits to the FedEx Advantage® program for 3dcart merchants.
3dcart’s integration with FedEx already provides online store owners with advantages like real-time FedEx shipping rates at checkout, as well as FedEx Return Merchandise Authorization and Hold-at-Location options on select plans. Now, 3dcart online store owners who participate in the FedEx Advantage® program can get significant discounts on select FedEx shipping services.
“Shipping is central to eCommerce, and we’re always looking for ways to improve the experience for both our merchants and their customers,” said Gonzalo Gil, 3dcart CEO. “These discounts through the FedEx Advantage® program are the newest of several benefits eCommerce merchants can access through the 3dcart-FedEx relationship.”
FedEx Advantage® savings for businesses using 3dcart include:
- Up to 50% off select FedEx Express® U.S. services.
- Up to 55% off select FedEx Express® international services.
- Up to 40% off select FedEx Ground® services.
- Up to 20% off select FedEx Office® services.
- 25% off FedEx Express® and FedEx Home Delivery® residential fee.
For more information about 3dcart’s FedEx integration, visit https://www.3dcart.com/shopping-cart-software/fedex.html.
3dcart (https://www.3dcart.com), located in Tamarac, Florida, is the most SEO-friendly eCommerce platform for retailers and internet marketers to grow their online stores’ traffic and sales. 3dcart includes 24×7 Technical Support, 100+ Mobile-Ready Themes, order management software, built-in blog, email marketing tools and more. Since 1997, the company has been a leader in the eCommerce market, building online stores for businesses of all sizes. Today, 3dcart is Visa PCI Certified and a Google Partner.
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America’s Luxury Fine Wine Purveyor Wine Spectrum, Inc. Celebrates…
“Wine Spectrum’s combination of experienced wine advisors and our e-commerce arm— winespectrum.com work in concert to provide customers with the best of both worlds: personalized service as well as speed and efficiency in selecting wines” commented Founder & President Glenn Siegel.
SANTA ROSA, Calif. (PRWEB) October 21, 2020
Wine Spectrum, Inc. announced its 30th anniversary serving private and online retail customers. Founder & President Glenn Siegel launched Wine Spectrum in 1990 with the goal of making iconic wines accessible to wine enthusiasts in the United States. The company works collaboratively with wine producers, importers, distributors and brokers to access the world’s finest luxury wines for its clientele. Wine Spectrum is well-known and highly regarded in the industry as the purveyor of luxury wine brands including: Screaming Eagle, Colgin, Harlan, Hundred Acre, Château Lafite Rothschild, Château Mouton Rothschild, Domaine de la Romanée-Conti, Domaine Leflaive, Domaine Comtes Lafon, Sassicaia, Tignanello and Pingus. WSI is likewise an important source of curated local wines from California, Oregon and Washington.
Company Founder & President Glenn Siegel remarked: “This is an incredible milestone for us. We’ve achieved success through our deep personal relationships within the wine industry and with our treasured customers. I’m proud of the hard work, passion and dedication of our team members. We’re excited about the future.”
Wine Spectrum’s unique person-to-person direct sales philosophy is instrumental in developing long-lasting relationships with wine lovers.
“In today’s hectic world, busy people still prefer a personal touch when buying luxury products” said Siegel.
Wine Spectrum’s professional wine advisors cultivate a personal understanding of wine preferences for each client. They seek out wines that resonate with clients and keep them updated on new offerings. Wine Spectrum wine advisors offer a free service to customers including:
- Free storage and detailed inventory management. Wine Spectrum’s 14,000+ square-foot, private, secure and climate-controlled warehouse in Santa Rosa, California boasts a breadth of extraordinary international wines.
- First access to wines in small quantities (exclusive, highly allocated, limited production wines, 100-point wines, special vintages, etc.).
- Advice on how long to age wines, appropriate wines for each occasion as well as food and wine pairings.
- Concierge service including where to go in wine country and help in securing appointments to “hard-to-get-into” tasting rooms.
Wine Spectrum’s procurement team scours the globe for some of the most distinctive wines—from shipwrecked 1907 Champagne taken from the bottom of the Baltic Sea—to exclusive Italian wines known only by their small-town neighbors.
Over the past 30 years, Wine Spectrum has been successful at evolving and changing to stay ahead of the curve positioning itself in the most competitive way possible. Wine Spectrum’s e-commerce arm —winespectrum.com hosts a spectrum of wines from collectors’ wines, high-scoring wines, Napa Valley Cabernet, Growers’ Champagne, Bordeaux, Burgundy, gift sets and more. Top recommendations are offered through weekly emails, supported by a “recommendations” section on the website, a robust selection of wines are available along with curated wine gift sets.
“Wine Spectrum’s combination of experienced wine advisors and e-commerce arm—winespectrum.com work in concert to provide customers with the best of both worlds: personalized service as well as speed and efficiency in choosing wines,” Siegel commented.
About Wine Spectrum
Wine Spectrum—in the heart of Sonoma wine country, provides discriminating collectors a spectrum of diverse, rare and highly allocated wines through personalized selection and guidance. For more information on Wine Spectrum Inc. visit: http://www.winespectrum.com
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