Everybody who sells something through a third party needs to figure out their ecommerce strategy, says VaynerMedia CEO Gary Vaynerchuk. The thought to be reliant on retailers or Amazon or anybody else and not being the driving force of your own destiny of producing something and sending it to somebody is crazy to me.
Doordash has announced that they have partnered with Walgreens to ultimately bring the entire Walgreens store to the door of 100 million Americans.
Following the success of the Apple Card, Google is preparing its own debit card.
5G is going to be a real tailwind for growth in mobile, says Zynga CEO Frank Gibeau. It’s going to enable much higher performance games. They’re going to be able to bring more people into a gaming experience.
“The market narrative is always it’s a zero-sum game,” says Imran Khan, co-founder and CEO of Verishop, a new Amazon competitor launching soon. “You are coming in and it’s Verishop versus Amazon or Snap versus Facebook. Not one company will take everything. It’s just impossible for one company to solve every problem.”
The mall is more or less dead except in 279 great cases where we’ve got fabulous malls out there, says legendary retail analyst Jan Kniffen. But the 1,100 malls they’re struggling. It’s the levered retailers and the mall-based retailers that are struggling. We’re going to have 26 retail bankruptcies this year.
“We’ve got 4,700 stores within ten miles of 90 percent of the US population,” says Walmart Ecommerce CEO Marc Lore. “We’ve started doing pickup a couple of years back and now same-day delivery to the door. We decided to take it a step further and actually deliver it directly into customers fridges and so far so good.”