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Articles & Tutorials
Artoh, the finance automation solution for E-commerce businesses, has announced a new feature that will make managing finances easier than ever. With just a few clicks, Artoh users can now generate Profit & Loss reports instantly after connecting their bank account to the platform. This new feature is a game-changer for E-commerce business owners, providing financial clarity and streamlining the process of tracking income and expenses.
The subscription box market is expected to grow from $26.79 billion in 2022 to $31.27 billion in 2023 at a CAGR of 16.74%. Significant players include The Hut.com Ltd., TechStyle Fashion Group, Amazon.com Inc., BarkBox, Blue Apron Inc., Dollar Shave Club Inc., FabFitFun Inc., Grove Collaborative Inc., Harry's Inc., HelloFresh SE, Loot Crate LLC, FemTec Health Inc., Quip, Try The World LLC and Sips By.
The market for selling goods in real-time online is relatively small, but start-ups and tech companies are betting that consumers will catch on. Poshmark's new live-streaming platform, Posh Shows, is allowing women to sell their wares on a rooftop in Midtown Manhattan. Ms. Lazovic was one of several women at the event who jumped in front of the phone to sell their wares.
The founders of Magic Spoon initially ventured into the food industry with a startup that produced cricket protein-based protein bars called Exo. Although the business was eventually sold, it taught them the significance of finding the right product-market fit and the challenges of establishing a new category from the ground up. In an interview, Gabi Lewis, co-founder of Magic Spoon, shared his experience as a CPG entrepreneur, the valuable lessons he's learned, and the reason why Magic Spoon needed to raise almost $100 million to revolutionize the breakfast cereal market.
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Food for Thought
Cross-border sales have become increasingly important for Ecommerce businesses, providing access to new customers and markets. This article provides insights and tips for US and UK sellers looking to expand to Europe. The main benefits of selling on the EU market include greater revenue potential.
Solo Brands, an outdoor lifestyle company, grew 28% last year to exceed $500 million across its four brands while operating profitably at scale. The company began with the Solo Stove and then acquired the three other brands in its portfolio. When merged together, Solo Brands articulated its brand values by publishing a letter on its website.
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Featured Brands
Allbirds is a Merino wool company founded by Tim Brown and Joey Zwillinger. It focuses on sustainability and is a B Corporation, which means it is certified for creating sustainable change and has solid environmental practices. This is the same badge of honor displayed by companies like Casper and Grove Collaborative.
Elvie is a women's health tech brand founded by Tania Boler that offers a smart, discreet breast pump and provides excellent pre and post-customer service, emphasizing and uplifting mothers without making light of their experiences.
Smile Direct Club is a direct-to-consumer brand that sells teeth aligners and teeth whiteners. It was founded by Alex Fenkell and Jordan Katzman in 2014 and has connected over a million customers to certified dentists and orthodontists. It relies heavily on data-driven marketing and influencer marketing strategies to gain credibility.
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Hacks & Tools
ShippingEasy is an easy-to-use online shipping platform for growing businesses, allowing merchants to access discounted shipping rates, automate shipping, and focus on building their businesses. Integrates with leading online channels to manage orders, shipments, and customers
Jungle Scout is an all-in-one platform for e-commerce businesses, offering services like business management solutions and marketing tools. It was founded in 2015 and has $110M in funding. It helps entrepreneurs with promotion and marketing.
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Perks
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Loox: 15% off.
OpenPhone: 20% off the first 6 months.
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PostScript: 30 days free trial.
Tidio: 20% off.
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