Articles & Tutorials

"Exclusive to Bright-Minded Ecommerce & DTC Entrepreneurs."

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mina kim
June 08, 2023

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Articles & Tutorials

TikTok is aiming to quadruple its global e-commerce business to US$20 billion in merchandise sales this year, banking on rapid growth in Southeast Asia and expanding sales in the US and Europe. ByteDance has grown into an Internet leader due to the virality of short-video platforms TikTok and Douyin, allowing users to buy items while scrolling through short videos and live streams.

Shopify has filed a motion in the US District Court for the Western District of Texas to demand disclosure of third-party interests in a patent troll case against Lower48 IP LLC. The stakes of patent troll lawsuits can be high for small businesses and startups. Shopify is attempting to uncover the identity of patent troll financiers in order to protect itself against competition and patent infringement lawsuits.

The leather handbags market is expected to reach USD 45.58 billion by 2029, with a CAGR of 6.10% due to technological advancements, new start-ups, animal killing, and high raw material prices. Data Bridge Market Research can help make an informed market decision.

Dropshipping is a business model that allows retailers to sell products without having them in stock. It offers low startup costs, a wide product range, global market reach, and e-commerce growth, but can be challenging to differentiate from competitors.

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Food for Thought

This a great list of inspirational projects to bring ideas and inspire you. Diverse topics to show amazing projects for you and your team check it out.

Amazon has launched a TikTok-style service called Inspire, which will allow shoppers to buy merchandise from a curated feed of photos and videos. It will roll out to select US customers in early December and go national in the next few months. It is not clear if Inspire will work, as Amazon is known for introducing experimental features and quietly abandoning them if they fail to take off.

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Featured Brands

Flipkart is a popular and leading e-commerce company in India with a market share of 31.9%. It was founded in 2007 by Sachin Bansal and Binny Bansal, who graduated from IIT and joined Techspan and Amazon Web Services respectively.

Red Stag Fulfillment is expanding its warehouse footprint to double its capacity and add 150-200 warehouse jobs in Knoxville, Tennessee, with careful consideration of growth patterns and labor force.

Xero is a flexible and easy-to-use accounting software application, best suited for sole proprietors and small and growing businesses. It offers three versions to scale up to a more robust plan.

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Hacks & Tools

Garmin 128 is a sophisticated and stylish jewelry website template that features authentic vintage designs.

Adored Vintage is an online vintage clothing store founded by Rodellee Bas in 2012. It aims to inspire women to appreciate the nuance of everyday moments and embrace the truest version of who they are and how they want to be. Founder Rodellee Bas is passionate about living a meaningful peace-filled life.

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