South Koreas Coupang Uses AI Pricing to Deter Copycat Sellers

South Koreas Coupang Uses AI Pricing to Deter Copycat Sellers

This article provides an in-depth analysis of Coupang's automatic pricing feature, covering everything from basic setup to advanced applications. It details how to leverage this functionality to counter unauthorized sellers and improve store operational efficiency. While Coupang strengthens its efforts to combat unauthorized selling, the article emphasizes the importance of sellers enhancing their own operational capabilities and mastering platform tools to navigate the intense market competition. By understanding and utilizing automatic pricing effectively, sellers can maintain competitive pricing and optimize their sales performance on Coupang.

Pinterest Drives Instagram Growth for Brands

Pinterest Drives Instagram Growth for Brands

Effectively boost Instagram traffic and followers, achieving social media marketing goals, by leveraging Pinterest claimed accounts, content optimization, SEO, and cross-promoting videos and stories. This strategy focuses on utilizing Pinterest's visual discovery platform to drive targeted traffic to Instagram. Optimize Pinterest profiles and pins with relevant keywords and engaging visuals. Cross-promotion of Instagram content on Pinterest, particularly videos and stories, can further enhance visibility and attract a wider audience. This integrated approach maximizes the impact of both platforms for overall social media success.

Brands Urged to Engage Authentically During Hispanic Heritage Month

Brands Urged to Engage Authentically During Hispanic Heritage Month

This paper explores how brands can leverage Hispanic/Latinx Heritage Month in the US for effective marketing, emphasizing authenticity and understanding the group's diversity. It proposes strategies such as educational advocacy, supporting Hispanic-owned businesses, and promoting relevant creative content. The aim is to help brands build genuine connections with this community and gain market share. By focusing on cultural relevance and genuine engagement, brands can foster trust and loyalty within the Hispanic/Latinx demographic, leading to increased brand awareness and positive consumer perception.

Ebay France Abandons Black Friday for Circular Economy Push

Ebay France Abandons Black Friday for Circular Economy Push

eBay France is abandoning 'Black Friday' promotions to focus on the secondhand market and circular economy, responding to market competition and embracing sustainability. By promoting refurbished products, spare parts sales, and providing seller training, eBay aims to reshape growth and create new opportunities for sellers. This strategic shift highlights eBay's commitment to a more sustainable business model and its recognition of the growing demand for pre-owned goods. The initiative seeks to position eBay as a leader in the circular economy within the French e-commerce landscape.

Sheins Agile Supply Chain Drives Fastfashion Dominance

Sheins Agile Supply Chain Drives Fastfashion Dominance

SHEIN leverages a flexible supply chain, streamlining New Product Introduction (NPI), global sourcing, combinatorial supply, reverse logistics, and digitalization to build an efficient and agile supply chain system. This allows them to gain a competitive edge in the market. By optimizing these key areas, SHEIN can quickly respond to changing consumer demands and trends, enabling them to offer a wide variety of fashionable products at competitive prices. This agile approach is a cornerstone of the SHEIN model's success in the fast-fashion e-commerce landscape.

Shopify Reports Black Friday Sales Surge for Online Stores

Shopify Reports Black Friday Sales Surge for Online Stores

Shopify's $3.36 billion in Black Friday sales reveals new opportunities for independent websites. The report highlights three key areas: capitalizing on the excitement of flash sales, cultivating the European and American markets, and focusing on popular product categories. It also emphasizes the importance of quality, reasonable pricing, and localized operations. Independent website sellers should follow trends and precisely position themselves to stand out in the market. By adapting to these strategies, sellers can maximize their potential for success during peak shopping seasons and beyond.

Crossborder Ecommerce Thrives with Multichannel Strategies

Crossborder Ecommerce Thrives with Multichannel Strategies

Multi-channel operation in cross-border e-commerce is crucial to break through the intensified competition, but it's not a one-size-fits-all solution. This article emphasizes the importance of selecting the right channels and optimizing business operations. It provides practical tips such as channel combination, product testing, and tiered pricing strategies to help sellers achieve profitability in the competitive cross-border e-commerce market. By focusing on strategic channel selection and efficient execution, sellers can navigate the challenges and achieve sustainable profit growth.

Customs Agencies Adopt Generative AI Amid Data Challenges

Customs Agencies Adopt Generative AI Amid Data Challenges

This paper explores the application of Generative AI (GenAI) in the customs domain from a data analyst's perspective. It analyzes the technical principles, limitations, and potential applications of GenAI, emphasizing the importance of building high-quality training corpora. It also proposes strategies to address the challenges brought about by GenAI implementation. The aim is to provide a reference for customs departments in formulating informed GenAI strategies. The paper highlights the need for careful consideration of data quality and ethical implications for successful GenAI deployment within customs operations.

Papua New Guinea Upgrades SEZ Customs to Meet Global Standards

Papua New Guinea Upgrades SEZ Customs to Meet Global Standards

Papua New Guinea Customs Service (PNGCS) is actively improving its management of Special Economic Zones. A workshop organized by the World Customs Organization (WCO) helped PNGCS benchmark against international standards, identify gaps, and learn from other countries' experiences. The outcomes of the discussions will be used to revise laws and regulations, aiming to establish a more efficient and transparent SEZ management system and promote economic development. This initiative underscores PNG's commitment to aligning with global best practices in customs administration and fostering a favorable investment climate.

Peru Adopts Global Standards for Customs Valuation

Peru Adopts Global Standards for Customs Valuation

Supported by the SECO-WCO Global Trade Facilitation Programme, Peruvian Customs held a virtual forum focusing on customs valuation risk management. Participants exchanged experiences on database applications and discussed optimizing value verification procedures and public-private partnerships to combat valuation irregularities. Peruvian Customs plans to strengthen its value verification system and deepen collaboration with the private sector. The WCO will continue to provide support, enhancing transparency and predictability in cross-border trade. The forum highlighted the importance of efficient and fair customs valuation for trade facilitation.