Two American entrepreneurs have come up with an interesting new formula. Everything in their web shop, called Brandless, is priced at three dollars. The price is that low because they have cut a lot of costs.
Chinese Alibaba has now also entered the intelligent speaker market, following Amazon, Apple and Google. Its main attraction is that the speaker is a lot cheaper than the competition. A small group can now trial the device for one month.
In the United States, there is a fiery ongoing battle between Amazon and Walmart regarding the lowest possible shipping cost to reach the consumer. “A standardized package label is a talking point in the United States, but things are not that advanced as in Europe.”
French luxury group LVMH has devised a web shop called 24Sevres.com, that will focus on its own luxury brands and leave a space for other brands as well. The new online platform will launch on 6 June in seventy countries.
Belgian group Colruyt has made its Cara Pils and other private labels available on Chinese eCommerce giant Alibaba’s platforms, but for the time being, only professional customers can acquire Colruyt’s brands.