Juozas Kaziukėnas @juokaz
I think about e-commerce. Founder at https://t.co/9dFs3JvBDn. Lithuanian. juokaz.com Joined April 2009-
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Shein is going after Brás, Brazil’s largest garment district. Today, manufacturer-to-consumer ecommerce is mostly in China, but expect it to start growing elsewhere, like Brazil, Turkey, etc. restofworld.org/2024/shein-mer…
Huge queues form in Liverpool for Shein pop-up store. This is just a reminder of the high demand for what Shein - and Temu, too - is selling.
TikTok Shop is second only to Amazon in customer retention? "Earnest, which tracks credit-and-debit-card transactions, found that around 27% of TikTok shoppers came back to make another purchase after five months of their first buy."
Great for Facebook. Bad for every other retailer. Temu is single-handedly making DTC CAC more expensive.
Great for Facebook. Bad for every other retailer. Temu is single-handedly making DTC CAC more expensive.
TikTok Shop is at $300 million/month, going to hit $5b+ run rate by the end of 2024. Beauty products and Women's clothing are half of that.
Amazon wants to become "daily habit."
"Sellers are making a lot more money selling on Amazon than they could on their own," said Andy Jassy, CEO of Amazon. Wild statement to make.
Amazon and Walmart rushed to introduce AI assistants this year. Walmart in Jan, Amazon in Feb (limited beta). Both feel like solutions looking for a problem. Thoughts?
Alibaba is about to light money on fire to fight Temu.
"Shein hit a record of more than $2bn in profits for 2023 and recorded roughly $45bn in GMV."
"The reason an identical outfit is $30 on SHEIN versus $180 on Jaded London has little to do with the quality or workmanship involved. You’re often paying for the brand story, customer service, and the time and effort associated with curation."
Shein "The perfect way to address shoppers with short attention spans is to develop products with fleeting lifespans that are disposable and cheap. This ensures product obsolescence and affordability, creating space for them to react to their next impulse."hbr.org/2024/02/the-li…
Attacks on vessels in the Red Sea area reduced traffic through the Suez Canal and a severe drought at the Panama Canal has forced authorities to impose restrictions. This led to record trade volume going around the Cape of Good Hope.
Why does Western Europe refuse to shop online?
When is Temu of India launching? Temu integrates suppliers at the source, enabling consumer-to-manufacturer to the West. Cheap prices for shoppers, easy for merchants; works because Temu handles the supply chain. But Temu is for buying from China. The model should work elsewhere.
Shein about to launch manufacturing-on-demand as a service.
Amazon is paying less attention to Walmart and Target and focusing instead on Temu and Shein, the two e-commerce disruptors from China who are doing what Amazon cannot do.
Alibaba brings 5-day delivery on AliExpress to US. It failed to crack the US market and is now seeing Temu flourish, which sells essentially the same goods. But they continue to build out global logistics and play a long-term game.
Michael Patrón @michaelpatron0
18K Followers 791 Following 8 fig AMZ Seller. Anti-Guru. Manic Expressive. Open AF. If you can't handle me at my best secret to make a million bucks is to watch my video below...
Jon Elder | Amazon Gr.. @BlackLabelAdvsr
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Shinghi @ShinghiD
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Alex 🌎 @the_alex_d_
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Bryan Porter @jbryanporter
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Chris Potter | Tax & .. @ChrisPotter361
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Amazon Sellers ASGTG @AmazonASGTG
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Aaron Rubin @AaronandML
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Nate Poulin @digitallynativ
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modest proposal @modestproposal1
100K Followers 807 Following I shall now therefore humbly propose my own thoughts, which I hope will not be liable to the least objection. https://t.co/NuC25VaSff
Tom🥛 @The_Honest_Tom
7K Followers 788 Following Scaling a 7 figure brand on Amazon with @the_alex_d_ | Wanna learn FBA PL? 👇 📍Barcelona
Scott Needham @itsScottNeedham
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Phillip Jackson @philwinkle
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Jason Goldberg @retailgeek
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Kurt Elster @kurtinc
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Dave Stickland @dave_stickland
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Johnny Nel @JohnnyNel_
859 Followers 704 Following Helping Founders, Owners, and CEOs Effortlessly Master their Influence so they can learn to Powerfully impact anyone, at any time.
UnaRamsden @uSXx7dV2592g6o
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วิไลวาว.. @bbo3EyV8adZnr
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Ilya 🇮🇱🇺🇦.. @paleontolog
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Kushal Bhagia 🇮�.. @kushalbhagia
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15 Followers 264 Following
Sahil Garg @gargsahil
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Harsh Bhardwaj @harsh_bhrdwaj
110 Followers 941 Following Product — Prev worked at @LeapScholar , @oyorooms, @Unicommerce1 — IIT Kgp '18 graduate — Enthusiastic about cricket, music & books
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elvesempress @Percy7171
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sarthak @sva_haa
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$HIVAM AGGA₹WAL @shivamaggarwal_
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Sean Frank @SeanEcom
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Bill D'Alessandro @BillDA
25K Followers 1K Following Sold 7 companies & pioneered the ecommerce aggregator model. Now building @NaturalDogCo to $100M. I tweet about scaling brands & co-host the @acquanon podcast.
Mike Beckham @mikebeckhamsm
42K Followers 1K Following Co-Founder and CEO of Simple Modern. Follower of Jesus. Operators Podcast Co-Host. Proud Husband and Father of 2.
Nik Sharma @mrsharma
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66K Followers 781 Following Founder @ Native Deodorant. Newsletter: https://t.co/bWuzRKuCOk Investor in 50+ companies Email: [email protected]
Aaron Rubin @AaronandML
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18K Followers 1K Following VP Category Management, hims | Frmly @monicaandandy_🐘 @theblacktux 🕴 @outdoorvoices 🧢 @bonobos 👖 @michaelkors 👜 | Views Are Mine
modest proposal @modestproposal1
100K Followers 807 Following I shall now therefore humbly propose my own thoughts, which I hope will not be liable to the least objection. https://t.co/NuC25VaSff
Jason Goldberg @retailgeek
31K Followers 378 Following Chief Commerce Strategy Officer @PublicisGroupe; Host of Jason & Scot E-commerce Podcast; Digital commerce, retail SME; @Forbes contributor (opinions=mine)
Fan Bi (buying $5-30M.. @lifeofbi
14K Followers 770 Following Here for consumer brand deals. We buy sponsor-backed consumer brands in special situations, DTC-first, US-only, $5-30m in revenue.
Justine Moore @venturetwins
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7K Followers 933 Following the future of fashion is circular // building @teleport__app tiktok for thrifting // 12+ years of no new clothes
Gergely Orosz @GergelyOrosz
249K Followers 2K Following Writing @Pragmatic_Eng, the #1 technology newsletter on Substack. Author of @EngGuidebook. Formerly Uber & Skype.
Xavier Helgesen @XavierHelgesen
56K Followers 2K Following Founder & Managing Director, Enduring Ventures. Building a Baby Berkshire. 🌳 Founder: ZOLA Electric, Better World Books, EcoSafi 🌳 Publisher, Scribe Media
GREG ISENBERG @gregisenberg
381K Followers 679 Following People follow me for startup ideas powered by community. CEO: @latecheckoutplz we build companies like @boringmarketer @designscientist @youneedarobot etc.
DHH @dhh
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Molly White @molly0xFFF
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Alex Kantrowitz @Kantrowitz
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Casey Newton @CaseyNewton
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Ivy Yang 杨方曦 @ivylala
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Aubrie Pagano 🦙 @aubriepagano
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10K Followers 581 Following Growth, marketplaces, trying to separate signal from noise. Chief Strategy Officer @faire_wholesale. Partner @reforge.
Rex Woodbury @rex_woodbury
39K Followers 1K Following Building @DaybreakVCP. Prev @IndexVentures. Writing about how technology & people intersect at https://t.co/LMdIBPG4Y8. Investing at Pre-Seed, Seed.
Ali Hamed @AliBHamed
17K Followers 1K Following @Keelinbannon sidekick | Invests @CoVentureVC & @crossbeamvc; trying to keep my IRR above my BMI | Opinions mine, not CoVenture's
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31K Followers 696 Following Consumer partner @a16z and twin to @venturetwins
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5K Followers 442 Following Chief Content Officer at @EMARKETER Formerly @Shoptalk @Groceryshop & @Forrester
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5K Followers 580 Following Entrepreneur & Exec, Co-Founder at OpenStore, President at AppNexus/Xandr, Founder/GM at DoubleClick/Google, #dadvocate
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Shira Ovide @ShiraOvide
61K Followers 5K Following I write The Tech Friend newsletter at The Washington Post. Relatively inactive here. Reach me at [email protected]
Tech Philomaths @TPhilomaths
817 Followers 2K Following The best way to follow startups and VCs in Lithuania. Weekly newsletter.
Scot Wingo @scotwingo
10K Followers 3K Following @GetSpiffy CEO, GP at https://t.co/3p2l2vkHin and Podcast on ecomm/retail with @retailgeek https://t.co/r8xqBDfeNU
Lillian Li @lillianmli
34K Followers 224 Following Private companies @BaillieGifford. Cartographer at Chinese Characteristics. Opinions and memes are my own.
Nikita Bier @nikitabier
322K Followers 2K Following I make apps grow really fast. founder @gasappteam (acq by discord), ex-founder @thetbhapp (acq by facebook), ex-new products @meta
Rui Ma 马睿 @ruima
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VCs Congratulating Th.. @VCBrags
242K Followers 4K Following They're adding value™ And they're very proud of it. @BragsVentures
Shaan Puri @ShaanVP
400K Followers 13K Following founder, investor, & creator of the My First Million podcast (over 25M+ downloads a year)
Hendrik Laubscher @henlaub
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Connie Chan 🍒 @conniechan
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Turner Novak 🍌🧢 @TurnerNovak
167K Followers 3K Following investing in Pre-Seed + Seed rounds at @BananaCap_ podcasting @ThePeelPod writing @TheSplit_ (sign up below)
Eugene Wei @eugenewei
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27 Followers 99 Following Founder of The Verticale, DNVB obsessed, brand-building and curation are my game, watching retail evolve every day.
Sarah Tavel @sarahtavel
47K Followers 1K Following GP at @Benchmark. Student of escaping competition. Formerly product @pinterest. Ball and chain for @cklemke and 🧒🏻👶🏻.
Sam Parr @thesamparr
281K Followers 497 Following Owned The Hustle https://t.co/cUOYQasCri. Acquired by @HubSpot. Tweet weekly about cool business ideas. My First Million podcast. @hamptonfounders
Bill Gurley @bgurley
665K Followers 2K Following VC @benchmark, Investor: @grubhub, @zillow, @uber, @stitchfix, @nextdoor, @glassdoor, @hacker0x01, @solvhealth, @roverdotcom, @instawork Trustee @sfiscience
95% of container ships that would’ve transited the Red Sea are now going around the Southern Tip of Africa as of this morning. The ships diverting from their ordinary course are marked orange on the @flexport map below.
Excited to share that my book is now available for pre-order! I have spent years reporting "The Everything War." It is the first untold exposé of Amazon’s endless strategic greed in pursuit of total domination. Available for pre-order here: hachettebookgroup.com/titles/dana-ma…… $AMZN
Development stars of the Era of Globalization:
Sold my company 5 years ago to the world's largest consumer app. Today I sold my company to the next largest one. Gas has been acquired by Discord.
My company paid Amazon ~$4 million dollars in the last 12 months and we've been selling on Amazon for over a decade. I have no idea what they're doing right now. And neither do they. 🧵
Here is a thread about unintended consequences Typically 60-70% of direct-to-consumer brands in the US are on @Shopify. Brands who sell on Shopify do so because they’re able to drive a decent amount of traffic to their site with their social media ads. CAC isn’t too high.
First Shopify was all: Welcome to the party 🥳 Amazon "Buy with Prime" feature! Now Shopify is like: Embedding this into your store will let Amazon steal your customers' data. Rumble. 🥊 Featuring: @juokaz. gizmodo.com/amazon-buy-wit…
An opinion I've been afraid to share: I think that DTC has failed, overall. I've helped launch more brands than anyone else so maybe there's something to it. The brands we hold up as beacons have been unprofitable for years. Every IPO tanks. Acquisitions are quickly sunset.
E-commerce in the US is in crisis: penetration peaked in Q2 2020 and has been stagnant since at ~16% of retail spend. Where will it go from here? In this thread, I’ll break down the bull/bear arguments, discuss a potential POV and share a link to the model used to derive it 🧵:
Huge achievement by @MailerLite team - we're joining @vercom_sa to build a global leader in CPaaS techcrunch.com/2022/04/28/ver…
They have more to sell? eBay's Aging Seller Population 55% of top sellers on eBay have been on it for 10 or more years. Some, more than twenty years. Based on the analysis of the top 100,000 sellers that represent over 60% of feedback on eBay #ebayseller bit.ly/3IDfrYQ
@juokaz is out with his "Marketplaces Year in Review 2021" marketplacepulse.com/marketplaces-y… @MarketplacePuls You should definitely, check it out and subscribe.
Apple’s push to kneecap the online advertising industry with unilateral technology changes under the guise of “privacy” has many unintended consequences, chief among them platforms like Facebook building their own e-commerce platforms to circumvent these changes.
@juokaz In 4 years Amazon will be 3-4x UPS not just “larger”.
@juokaz the answer is: The algo is too powerful and can't be stopped. Basically, they can slowly change the direction of their algos but they can't really add anything new to them. Also, maybe Amazon wants customers to dig around a bit and not giving a clear path equals more spend?
Just yesterday's ecommerce fundraising: - Heyday, $555M - Facily, $250M (social commerce; Brazil) - Mensa Brands, $135M (aggregator; India) - Cymbio, $20M (B2B dropship platform; Israel) - Velocity, $20M (DTC financing; India) - GoKwik, $15M (ecomm enablment; India) Go global!
Haven't published my newsletter in a few weeks, but here are the HQs for the 16 largest funding announcements in ecommerce totalling ~$4B: - India x3 - Brazil x2 - Germany x2 - UK x2 - US x2 - Bangladesh - Indonesia - Latvia - Pakistan - South Korea You have to think global.
Some said an open-world experience this immersive wasn’t possible. But it’s already here. And you don’t even need silly VR headsets. Introducing, ✨Icelandverse✨ #icelandverse
An actual proof point that Amazon Is becoming the default search engine marketplacepulse.com/articles/amazo… via @MarketplacePuls
The internet should not go from “everything should be abundant” to “everything should be scarce” just because we are searching for an interesting blockchain use case.
Trends for United States
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