Carousell’s 2023 revenue up by 40%, driven by 2x recommerce sales 👉 Read more: https://lnkd.in/gpkw2P8V Carousell Group boosts recommerce to prioritize sustainable secondhand shopping. 🌱 **Recommerce Rise**: Fueled by sustainability and digital trends, Carousell's 2023 recommerce sales doubled, contributing 46% ($53.3M) to its revenue. 💼 **Cost Management and Growth**: Despite significant revenue jumps, Carousell limited expense growth to 6%, narrowing annual losses by 40%. 🛠️ **Innovative Trust-Building Programs**: Implemented quality assurance and direct-buy processes, enhancing security and convenience for secondhand transactions.
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Carousell’s 2023 revenue up by 40%, driven by 2x recommerce sales 👉 Read more: https://lnkd.in/gpkw2P8V 📈 Carousell Group, a Singapore-based ecommerce platform, is amplifying its recommerce operations, emphasizing the resale of used goods as a primary option. 🌱 A significant 2023 revenue spike was spurred by doubling recommerce sales, with total revenue from this sector reaching US$53.3 million. 💰 Despite a robust revenue increase, the company managed to control cost growth and improved its cash flow, enhancing financial stability and extending operational runway to nearly six years.
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🛍️ The past year in ecommerce has presented DTC brands with its fair set of challenges. From slim margins on paid acquisition, increased competition, and more noise around the KPIs that matter, it can be difficult to understand what our attention should be focused on. Introducing, our latest release: "Investing in Growth: A Guide to Ecommerce Forecasting" a comprehensive playbook built in partnership with Aplo Group 🚀 🤝 Don't miss out on the opportunity to gain a competitive edge. Download your copy: https://bit.ly/46rspof
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Stay in the loop with real-time shipment history updates! 🚀✨ Gain a competitive edge by keeping track of your parcels' journey in real-time. From enhanced visibility to proactive decision-making, our live updates empower dropshippers for seamless operations. Elevate your shipping game with every detail at your fingertips! 🌐📦 #RealTimeShipping #ShipmentHistory #OperationalAdvantage #ecommerce #hhcdropshipping #dropshippingbusiness
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We’re excited to share Starshipit’s 𝐄𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐄𝐱𝐩𝐞𝐜𝐭𝐚𝐭𝐢𝐨𝐧𝐬 𝟐𝟎𝟐𝟒 – a comprehensive report that delves into the key trends shaping eCommerce shipping and fulfillment today. The report unpacks strategies employed by top retailers, as well as expert insights from key players like Sendle, on how to deliver even better shipping experiences. #shippingaustralia #shippingtrends Download the FREE report here 👇👇👇 https://lnkd.in/gF8Vs72N
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More than 25% of e-commerce returns remain unsold or unrecycled, resulting in billions in losses 💸 Imagine the greater challenge when online shops transform into Marketplaces, and the complexity of reverse logistics comes into play 😱 That is why I wanted to share this insightful interview made to my dear colleague and experienced Operations leader, Jana Soppa. She recently spoke at the Marketplace Convention in Cologne, addressing key topics in Marketplace return management. These include integrating inventory systems, optimizing efficient logistics processes, and fostering effective communication and collaboration among marketplace partners. These considerations are crucial for ensuring a positive customer experience within the ever-evolving world of marketplace logistics. Stay tuned for Jana's upcoming report on her event participation, and don't miss out on this valuable discussion! 🤩 #EcommerceReturns #ReverseLogistics #ViviOrtiz #insights link in the comments 😊
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Beyond brand building and product placement there’s one defining factor that unites the most successful subscription-based businesses – slick logistics. “From product fit to fulfilment” was the topic covered by James Hayes and a packed panel of eCommerce experts at the #RetailX Spring Festival. How can subscription retailers successfully scale their operations? Check out the key takeaways: ➡️ https://lnkd.in/ej3HcZPU #subscriptions #ecommerce #fulfilment
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📦💡 Frustrated with e-commerce returns eating away at your profits? Unlock success with these powerful strategies! Educate your customers, optimise your logistics and embrace sustainability. 💻 The e-commerce landscape is constantly evolving, and returns are an inevitable part of the equation. At Antalis Packaging, we can help you meet your return challenges head-on. You could enhance your brand's reputation, streamline your operations, create a sustainable business model… The possibilities are limitless, and the rewards are there for the taking! 🌟💡✨ Find out how to adopt a confident and positive approach to the world of e-commerce. 🌟💸🌱 Read our latest article The key to a seamless experience! http://ow.ly/6jeZ104UJ2a #EcommerceReturns #CostOptimization #Sustainability #CustomerEngagement
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📦💡 Frustrated with e-commerce returns eating away at your profits? Unlock success with these powerful strategies! Educate your customers, optimise your logistics and embrace sustainability. 💻 The e-commerce landscape is constantly evolving, and returns are an inevitable part of the equation. At Antalis Packaging, we can help you meet your return challenges head-on. You could enhance your brand's reputation, streamline your operations, create a sustainable business model… The possibilities are limitless, and the rewards are there for the taking! 🌟💡✨ Find out how to adopt a confident and positive approach to the world of e-commerce. 🌟💸🌱 Read our latest article The key to a seamless experience! http://ow.ly/6jeZ104UJ2a #EcommerceReturns #CostOptimization #Sustainability #CustomerEngagement
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I love to see stats like this, when the headlines are filled with dread. What a wonderful thing to observe circular commerce taking such a foothold in the face of decades and decades of hyper consumerism #recommerce #ecom #sustainability
Recommerce is growing x16 faster than traditional retail ♻️ Excited to launch our new Reboxed® recommerce services for retailers next week! Been working with the team and our partners on the new platform to help brands accelerate their move to the circular economy. If you want a sneak peak of the platform, hit me up! Nick Warren Matt Thorne Chris Webb Nishil Solanki Gloria B. Jay Springer Annie Gardner Joyraj Dutt Janhavi Jain Ivan Izikowitz William Ripley Prask Sutton
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Thinking of other ways of attracting more customers? One of the most significant advantages of a PUDO network is the potential for cost savings in delivery operations. By optimizing routes, you can significantly reduce delivery expenses-- that all your customers can enjoy. Learn more about HUBBED Click and Collect here: https://buff.ly/40fXhFm #Retail #ECommerce #PUDO #ClickandCollect
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