How Facebook Failure Impacted the eCommerce Industry | eCommerce News Digest

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What would happen to eCommerce if Facebook, Instagram, and WhatsApp disappeared from the internet? Let’s find out how the 6-hour failure impacted the industry.

Check the video to explore the latest eCommerce news, new sales channels and customer behavior tendencies.

⏰ What’s in the video ⏰
00:00 Facebook – failure of the month
02:23 Latest industry innovations
05:25 Consumer trends
06:23 New sales channels
07:29 Magento Q4 release

#eCommerce_news #eCommerce_news_digest #GoMage

00:00 ???? Failure of the Month (Literary)
A four-hour failure of Facebook cost a lot not only for Mark Zuckerberg but for all the companies that operate through Facebook.

Small businesses lost five thousand dollars in sales on average due to the outage. The loss of big companies still remains a mystery.

Turns out, relying on a single sales channel – Facebook – is a doomed business strategy. And how to avoid such a mistake, tune in to the video.

02:23 ⚡️Latest Industry Innovations
You blink and the world is already changed.
Lately, we’ve seen some interesting trends emerging in the eCommerce market.

Visual search is the next big thing in eCommerce. Levi’s and Amazon are already using it, showing a great example for other businesses.

Another noteworthy trend is conversational eCommerce. Walmart isn’t shy to invest in new technology while others are just exploring it.

Learn how these innovations will impact the industry and how to add similar functionality to your store.

05:25 ???? Consumer Trends
Have you already launched your holiday season sales?

Hurry up before competitors snatch customers right from under your nose.

This year, customers have started shopping yearly and are ready to spend around $650 on gifts and other holiday-related items. Seems like merchants will enjoy an extremely fruitful holiday season.

???? New Sales Channels
TikTok is a new eCommerce platform.

That’s right! Social media added new eCommerce functionality. You can create ads, add product links and even get access to a marketplace that facilitates brand-creator partnership.

Just what you needed for the holiday season – a new sales channel.

07:29 ???? Magento Q4 Release
Right before the peak selling season, Adobe released a batch of new security patches for Adobe Commerce and Magento Open Source. This new security-only update will help merchants to tighten up their security right before the holiday season.

But that’s not all Magento news from the company.

Adobe is entering the payments business. The company will roll out the new payment system by the end of the year in the United States with plans to expand to Canada, Australia, and Western Europe in 2022.

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