GoodsFox Weekly
This is our regularly weekly news about ecommerce market,here are the most noticeable events happening this week !
o1. Temu Expands European Delivery Network, Prioritizes Eco-friendly Packaging
E-commerce marketplace Temu on Nov,22 announced it has expanded its delivery network in Europe via partnerships with Poste Italiane, CTT in the Iberian Peninsula, and Mail Alliance in Germany.
Temu notes that it has switched to recyclable and biodegradable packaging as part of its environmental strategies to reduce carbon emissions.
In Italy, Poste Italiane will work with Temu to enhance its delivery processes, with initiatives like PIN-code-enabled lockers and local stores serving as pick-up and drop-off points.
CTT, which operates as the national postal service of Portugal and has a notable presence in Spain through CTT Express, is expected to play a key role in supporting Temu’s growth in the Iberian market by providing reliable delivery services.
In Germany, Mail Alliance will lend its network of 55,000 delivery personnel to aid Temu's operations.
Source:packagingstategies
02. TikTok Shop Partners With Royal Mail! 👑
Tiktok shop announced it has officially partnered with Royal Mail to help merchants of all shapes and sizes improve their delivery experience and thrive on our platform.
This means merchants can now integrate Royal Mails's Click & Drop service with their TikTok Shop account, allowing them to arrange shipments and deliver their goods to customers faster and more efficiently.
The Royal Mail service includes seamlessly printing postage labels, which can then be dispatched to their existing Royal Mail collection, collected via Parcel Collect, dropped in a parcel postbox, and taken to a Royal Mail Customer Service Point or Post Office® branch. By integrating this service, merchants can improve their shipping experience, speed up dispatch times, and ultimately enhance customer experience.
Source:Tiktok Shop
03. GMV increased by 281% TikTok Shop Black Friday category daily battle report released
This year's "Black Friday", TikTok Shop's American store attracted more than 100,000 experts to participate in the content field, set up a "Black Friday" featured mall on the homepage of the shelf APP, and used a first-level entrance to ensure traffic.
In this event, the daily payment GMV of the women's and children's clothing category increased by 144%, and the payment order volume increased by 135%;
the daily payment GMV of the men's sportswear and sleepwear category increased by 173%,and the payment order volume increased by 173%;
the daily payment GMV of the home and outdoor category increased by 173%. 113%, and the number of payment orders increased by 106%.
The daily payment GMV of the shoe and bag accessories category increased by 120%, and the payment order volume increased by 134%;
the daily payment GMV of the fast-moving consumer goods category increased by 162%, and the payment order volume increased by 170%;
the digital 3C category daily payment GMV increased by 281%, and the payment order volume increased by 281%. 230%.
Source:Tiktok shop
04. 📦AliExpress Unveils Black Friday and Cyber Monday Sale with Unprecedented Discounts
The sale will kick off with a warm-up period from November 20 to 22, followed by the official Black Friday sale running from November 23 to 26 (from 00:00:00 PST), with a seamless transition into a Cyber Monday sale from November 27 to 29, continuing to offer equally exciting deals and discounts.
Unprecedented discounts
Throughout the Black Friday and Cyber Monday sale, consumers can expect to find millions of products across a wide range of categories on AliExpress at one of the best discounts in the platform’s history of the same sale.
Eurozone consumers can save €4 for every €20 spent, up to a maximum discount of €16 per order.
U.S. consumers can save $4 for every $20 spent, up to a maximum discount of $16 per order.
U.K. consumers can save £3 for every £15 spent, up to a maximum discount of £12 per order.
Source:AliExpress
05. OpenAI brings Sam Altman back as CEO less than a week after he was fired by board
On Monday, hundreds of employees, including Sutskever, signed a letter saying that if the board didn’t resign and bring Altman back, the overwhelming majority of employees would move to work with him at Microsoft.
Satya Nadella, Microsoft’s CEO, said in an X post Monday that Altman and his co-founder Greg Brockman would join Microsoft to form a new AI lab. Preparations for that lab were already underway when the announcement from OpenAI came early Wednesday.
According to CNBC, Sam Altman will return as CEO of OpenAI, the startup tweeted early Wednesday morning. The move follows immense pressure from employees and investors on the board that ousted him less than a week ago.
Conclusion
The above is the content of GoodsFox weekly.Whether you are looking for a new product to start your online business or a great product to add to your existing store, you can find inspiration from these products. You can also use Goodsfox to track the sales trends and ad creatives of these products and others. By doing so, you can stay ahead of the competition and catch the wave of the market demand.
