Express Checkout #83 - the latest in CPG, Retail, and eComm
CPG and Retail news from the week of 7/15/24
Hello hello!
Is everyone still standing after Prime Day 2024? This Amazon Prime Day was apparently largest shopping event in the company's history, with record-breaking sales of ~$14.2 billion and the highest number of items sold. Independent sellers, including SMBs, sold over 200 million items.
Some other interesting stats:
Sales are up 11% YoY.
Back-to-school-related accessory sales are up 216% and spend on kid’s apparel was up 165%.
Buy-Now-Pay-Later accounted for 7.6% of online orders.
Curbside pick-up was used in 18.9% of orders.
Mobile devices drove 49.2% of online purchases.
Hire exceptional sales talent to scale your CPG/DTC business. 🚀
Close more customer accounts with seasoned sales development talent starting at $1,500 USD/month full-time.
Learn how similar-sized businesses have 2x’d their revenue by hiring remote global talent with MagicPace.
Book a free 30-minute consultation here to uncover what the impact can be for your business.
Now onto the news of the week!
(If you’re readin…
