What's the wine market like? What's the new plan with Whole Foods? Let’s get down to what happened in commerce and tech news in the last week. This post is curated to help tune-out some of that noise and turn it into information that matters.
WHAT'S GOING ON IN COMMERCE THIS WEEK?
Just because you're the largest Wine Market Doesn't Mean You're Not Struggling
The wine market has grown in the US, making it the largest in the world, according to Rabobank's 'Wine Quarterly Q3 2018'. However, that doesn't mean that retailers aren't finding it hard to be successful when trying to do ecommerce. Compared to other grocery categories, it's lagging. 89% of all online wine sales are made by the top 20% wineries. So how can a smaller wine brand and retailers succeed when it comes to direct to market?
A New Step With Whole Foods: Amazon Launches Click-and-Collect for Prime Members
Before even finishing expanding their original program nationwide, Amazon wants to grow and ease the grocery-buying process through Whole Foods. Their new 'click-and-collect' option would allow people to pick up their ecommerce orders over $35 in less than an hour for a fee of just $4.99. Of course, this feature is for prime members only and in locations that have a whole foods. However, this step shows how quickly Amazon is moving with Whole Foods, with their initial entry only less than a year ago.
Patreon's patronage empire
Pateron recently acquired Memberful. How are they going to deal with competitors in the industry? What's the impact they are hoping to make as well?
WHAT'S HAPPENING AT SMITH THIS WEEK
SMITH'S GUIDE TO: COMMERCE FOR MANUFACTURERS
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