GoodsFox Daily News June 17, 2024 Father's Day Eve Book "Dad, I Want to Hear Your Story" Goes Viral on TikTok in the U.S., with Nearly 20,000 Copies Sold in a Single Day Amazon's European Sites Experience "Free Purchase" Incident Shopee Philippines Launches In-Transit Return or Refund Feature for Buyers Shein Hosts Craftsmanship Tool Day Reports Indicate Huge Impact of TikTok on the Beauty Industry 1.Father's Day Eve Book "Dad, I Want to Hear Your Story" Goes Viral on TikTok in the U.S., with Nearly 20,000 Copies Sold in a Single Day "Dad, I Want to Hear Your Story" is a book suitable as a gift for fathers, helping them share their life stories through reading, which is beneficial for promoting family relationships. According to GoodsFox data, on June 12 in TikTok's U.S. region, the product's daily sales reached 18,332, with a 30-day sales volume of 136,294. 2.Amazon's European Sites Experience "Free Purchase" Incident On the evening of June 5, several of Amazon's European sites, such as Turkey, Italy, and the UK, experienced an abnormal product pricing situation. Many merchants' product prices were mistakenly set to very low prices, leading to a frenzy of mass purchases by consumers. This incident has caused economic losses to sellers and greatly affected the upcoming Prime Day sales event. Currently, sellers are anxiously waiting for a solution. 3.Shopee Philippines Launches In-Transit Return or Refund Feature for Buyers Recently, Shopee Philippines announced that after June 10, 2024, buyers can apply for in-transit return or refund due to a change of mind. This feature allows buyers to apply for a return or refund for goods orders that have been shipped but have not yet been delivered. 4.Shein Hosts Craftsmanship Tool Day Recently, Shein's Craftsmanship Tool Day was held at its clothing manufacturing innovation research center. During this event, Shein showcased more than 60 self-developed technical tools, covering more than 20 industry processes, along with a series of industry-leading intelligent equipment. Shein is committed to continuously empowering its flexible supply chain through technological innovation, continuously iterating process improvements and optimization to achieve more standardized delivery quality and more lean production processes. According to the latest data, Shein has held 230 full-link supplier training sessions in the past six months, and as of May, has helped nearly 200 partner factories complete the expansion and transformation of 500,000 square meters of factory space. 5.Reports Indicate Huge Impact of TikTok on the Beauty Industry Beauty content is one of the most popular video types on TikTok. According to a report by American media The Verge, TikTok Shop is rapidly becoming a major retailer in the beauty industry. According to a report by Dash Hudson and NielsenIQ, TikTok Shop is currently the ninth largest online beauty and health retailer in the United States and the second largest in the UK. Over the past few months, TikTok Shop has been steadily growing in the industry. According to AdWeek, TikTok Shop has surpassed competitors such as large department stores, small beauty specialty stores, and direct-to-consumer brands.
GoodsFox Daily News June 14, 2024 TikTok Shop's U.S. Summer Promotion Sets Records The U.S. cross-border self-operation model expands merchant recruitment Shein's 2023 revenue reaches $32.2 billion, surpassing Zara and H&M Mercado Livre dominates search volume on Brazilian e-commerce platforms Nearly 10,000 units sold in a single day! This baby and mother product is a hit on TikTok! 1.TikTok Shop's U.S. Summer Promotion Sets Records During this U.S. summer promotion, TikTok Shop's U.S. region GMV broke through three records: single-day GMV in the U.S. region, single-day GMV of short videos on the platform, and single-day live broadcast GMV on the platform. Founder Stormi achieved a single session sales exceeding 1 million U.S. dollars in a recent live broadcast, setting […]
GoodsFox Daily News June 13, 2024 1.Mercado Libre Launches Eco-Friendly Product Series 2.Temu's Repeat Customer Attraction Surpasses eBay 3.eBay Launches Official Website eBaymag 4.South Africa to Significantly Increase Procurement Taxes on Temu and Shein 5.TikTok plans to invest $2.1 billion in Malaysia 1.Mercado Libre Launches Eco-Friendly Product Series Mercado Libre has recently introduced a brand-new series of eco-friendly products to meet the growing environmental demands of consumers. Over 1600 eco-friendly items can be found on Mercado Libre, spanning various sectors such as fashion, healthy food, beauty, and personal care. Notably, bamboo toothbrushes, cloth shopping bags, and diapers are the most popular. 2.Temu's Repeat Customer Attraction Surpasses eBay According to financial reports, within two years of entering the U.S. market, […]
GoodsFox Daily News June 12, 2024 1.The Magic of the Soap Pen that Went Viral on TikTok 2.eBay's All-Category Seller Recruitment Conference to be Held in Guangzhou on June 13 3.The Philippines Department of Trade and Industry to Strengthen Cooperation with TikTok 4.SHEIN's Semi-Managed Model Officially Launched 5.The Number of Chinese Sellers on the Ozon Platform Exceeds 100,000 1.The Magic of the Soap Pen that Went Viral on TikTok Soapen is an innovative cleaning product designed in the shape of a crayon. Children can use it to draw patterns on their hands and then wash them clean. This product combines children's education with hygiene. Additionally, Soapen has conducted a series of marketing campaigns on TikTok, featuring product usage instructions, brand stories, user feedback, and more. Its account has over 20,000 followers and 3 million likes, with some videos garnering up to 2.1 million views. 2.eBay's All-Category Seller Recruitment Conference to be Held in Guangzhou on June 13 The eBay All-Category Seller Recruitment Conference will be held in Guangzhou on June 13. At this event, eBay will focus on AI technology, integrating innovative AI tools and operational ADS advertising for the first time. The platform's full-category recruitment managers will share the latest platform policies, product selection, and operation guides to help sellers better utilize AI technology and the advantages of a full range of categories. The aim is to recruit more sellers with forward-thinking and innovative spirits to join eBay and help businesses expand their cross-border operations. 3.The Philippines Department of Trade and Industry to Strengthen Cooperation with TikTok Alfred Pascual, the Secretary of the Department of Trade and Industry (DTI) of the Philippines, discussed with TikTok in Singapore on June 5 to strengthen the partnership and explore new ways of cooperation to enhance the digital economy of the Philippines. During the meeting, Pascual pointed out that the cooperation with TikTok is a "key step" in promoting the development of the country's e-commerce industry. He stated, "This cooperation will greatly promote the growth and development of the digital market, benefiting businesses, consumers, and the entire economy." TikTok was launched in the Philippines in May 2017 and launched TikTok Shop in April 2022. The platform currently has about 53 million users in the country, with approximately 2 million sellers on TikTok Shop. 4.SHEIN's Semi-Managed Model Officially Launched On June 3, cross-border e-commerce platform SHEIN officially launched its "semi-managed" model. It is reported that over 20,000 merchants are looking forward to SHEIN's semi-managed model. The platform has no performance threshold requirements for sellers, and there are no additional fees for opening a store. The platform also offers exclusive traffic support for the semi-managed model, which has already opened for the American site. 5.The Number of Chinese Sellers on the Ozon Platform Exceeds 100,000 A responsible person from the Russian e-commerce giant Ozon recently stated that by the end of 2023, the number of sellers on the Ozon platform has reached about 500,000, with more than 100,000 being Chinese sellers, accounting for at least 20%. At the same time, most of these over 100,000 Chinese sellers mainly sell electronic products such as mobile phones, computers, and video cards.
GoodsFox Daily News June 11, 2024 1.TikTok US Region Averages 10,000 Daily Sales, Another New Health Product Takes Off 2.Amazon Plans Further Layoffs for Customer Service Team 3.Mercado Libre Mexico's HOT SALE Promotion Sees 44% Increase in First-Day Sales Compared to Last Year 4.TikTok E-commerce Aims to Increase US Region's GMV by 10 Times in the Second Half of the Year 5.Temu Launches in Brazil 1.TikTok US Region Averages 10,000 Daily Sales, Another New Health Product Takes Off TikTok US Region Averages 10,000 Daily Sales, Another Health Product Takes Off Day Cleanse is a functional health product that helps promote digestion and reduce bloating and constipation. According to GoodsFox, over the past month, it has averaged 10,000 daily […]
In March, the spring is in the air.Goodsfox has compiled a list of major festivals and international days for Ecommerce sellers in March. In this revitalizing month, India's Holi festival will bring vibrant and intense colors; Easter, as an important Western holiday, cannot be overlooked; World Sleep Day and many other international days will provide global brands with broader holiday topics and participation opportunities; and Ramadan, a sacred month for Muslims, will also arrive in March. 01 Japanese Daughter's Day (March 3) Source：tokyoweekender Daughter's Day, also known as "Doll's Day," is celebrated by Japanese families every year in early spring. On this day, families display their daisy dolls and a variety of sweets in their homes to wish […]
2024 Global Ecommerce Website Bestseller List (Jan) is now revealed!!! In 2023, many DTC (Direct-to-Consumer) brands underwent unprecedented changes.Despite a decrease in overall transaction volumes compared to the peak in 2021, numerous brands achieved successful transactions or went public. Well-known brands like Mielle, Great Jones, and Otherland were acquired, while the parent company of Il Makiage and Spoiled Child, Oddity, as well as Birkenstock, applied for initial public offerings. With the arrival of 2024, Goodsfox will focus on the hot-selling products and stores on Ecommerce websites in January. Source:GoodsFox Source:GoodsFox Source:GoodsFox 🌟 January Ecommerce Website New Product Observations: Tank tops, hoodies, outdoor functional shoes, and other products are trending! 👇 According to data from GoodsFox , here are […]
Quad Lock is a sports phone mount brand originating from Australia, founded in 2011, with sales exceeding $100 million in 2022. It specializes in producing high-quality phone cases and accessories.Its slogan is "Whether on bike, boat, car, a trip down the road, or expedition across the globe, Quad Lock makes the experience better. And we build reliable gear, so you can go anywhere". In this article,we will analyze the advertising intelligence of Quad Lock from Goodsfox, a global advertising data analytics platform for consumer brands,and learn how Quad Lock distinguish itself from other phone mounts. 01 Quad Lock’s Store Traffic Rank According to Goodsfox, Quad Lock ranked 2,203,372 in the store traffic in a month (from 2023-6-24 to 2024-02-16). […]
The Most Comprehensive Ranking,2023 Top 100 Global DTC Brand Advertisements Revealed !!! In 2023, Chinese enterprises expanded vigorously overseas, causing significant disruptions in the global e-commerce landscape. The persisting economic uncertainty and the intricate and ever-changing foreign trade environment have posed higher demands on cross-border businesses. Looking back at the development trends in the cross-border industry in 2023, what were the key characteristics? Looking ahead to 2024, how can practitioners seize opportunities for predictable growth? At this juncture of the year-end and the beginning of a new year, GoodsFox has completed the "2023 DTC Brand Advertising Top 100" report,covering various categories such as fashion, beauty, jewelry, sports, and outdoor.We aim to assist cross-border practitioners in reviewing the annual dynamics, understanding […]
This is our regularly GoodsFox weekly news about ecommerce market,here are the most noticeable events happening this week ! 01.US online grocery sales decrease in 2023 U.S. online grocery sales in 2023 reached $95.8 billion, according to annualized results from the monthly Brick Meets Click/Mercatus Grocery Shopper Survey. That’s a 1.2% decline from 2022, which Brick Meets Click and Mercatus attributed primarily to a decline in order frequency among online grocery shoppers. The data shows that U.S. online grocery sales decreased from 2021 to 2022, then again from 2022 to 2023. Online grocery sales had dropped to $97.0 billion in 2022 from $97.6 billion in 2021. According to Brick Meets Click and Mercatus, the data is based on more than […]