Surging e-commerce demand is creating incredible opportunity. This year alone, global e-commerce sales are expected to balloon to $4.2 trillion. By 2023, global sales could be up to $6.5 trillion. Helping more than 2.1 billion shoppers are expected to buy goods and services online by 2021. In addition, on the heels of the latest pandemic, “experts predict that the impact of the coronavirus will not just be a short-term boost to ecommerce but one that’s here to stay, even after COVID-19. This is because people will get comfortable with the comfort and convenience it offers and the benefits of contactless payments, both of which are likely to cause a permanent behavioral shift towards digital purchases,” as noted by Oberlo. That’s creating opportunity for companies such as The Yield Growth Corp. (CSE:BOSS)(OTC:BOSQF), Amazon.com (NASDAQ:AMZN), Shopify Inc. (NYSE:SHOP), Overstock.com Inc. (NASDAQ:OSTK), and Pinterest Inc. (NYSE:PINS).
The Yield Growth Corp. (CSE:BOSS)(OTCQB:BOSQF) BREAKING NEWS: The Yield Growth Corp. --announced the launch of its new e-commerce website for subsidiary brand, Urban Juve, powered by leading ecommerce platform, Shopify. The online store features the complete Urban Juve plant-based collection as well as select other products, such as Antler’s natural deodorant for men and Urban Juve’s hand sanitizers.
The optimized online store offers a seamless browsing and purchase experience, richer and more robust product content, a range of payment options including PayPal and Apple Pay, as well as key post-purchase automations and marketing programs designed to increase repeat sales.
“Launching a refreshed and optimized ecommerce site is a key strategic project for Urban Juve. It not only improves the customers’ experience with our brand, but is a solid platform upon which we can now develop and expand conversion-driven marketing programs such as influencer and affiliate programs, subscription models, and more,” said Karla Cheon, Vice President of Marketing for Yield Growth. “This initiative, combined with web traffic-generation efforts, will provide quality customer data for Urban Juve to nurture its loyal and growing customer base who are seeking plant-based alternatives for their skin.”
The launch of the optimized UrbanJuve.com on Shopify, the launch of Urban Juve on Amazon.ca and the soon to launch Amazon.com listings are key components of the Company’s strategic plan to invest in and grow direct to consumer sales.
The Company is pleased to offer a 15% discount (using code: INVESTOR15) in celebration of the launch, valid until July 31st, 2020. Shopify has become the second largest online shopping destination second only to Amazon, as reported by The Observer in September 2019.
The U.S. department of commerce reported that retail e-commerce sales for the first quarter of 2020 reached $146.6 billion, an increase of 14.5% when compared to the first quarter of 2019.
Consumers spent $601.75 billion online with U.S. merchants in 2019, up 14.9% from $523.64 billion in 2018, also according to the U.S. Department of Commerce. This is an increase over 2018’s growth, which was up 13.6% from 2017.
Other plant-based related developments from around the markets include:
Amazon.com (NASDAQ:AMZN) announced plans to open a new fulfillment center in the city of Pflugerville, Texas. The site, which is anticipated to launch in 2021, will create 1,000 new full-time jobs with industry leading pay and comprehensive benefits starting on day one. “We’re appreciative of the people of Texas for so warmly embracing Amazon into the community,” said Alicia Boler Davis, Amazon’s vice president of global customer fulfillment. “There are now over 20,000 Texan Amazonians working for us in the state – and we’re excited to be creating an additional 1,000 full-time jobs in Pflugerville with Amazon’s industry leading benefits, and minimum starting wage from $15 an hour.”
Shopify Inc. (NYSE:SHOP), a leading global commerce company, plans to announce financial results for its second quarter ended June 30, 2020 before markets open on Wednesday, July 29, 2020. Shopify’s management team will host a conference call to discuss second-quarter results at 8:30 a.m. ET on Wednesday, July 29, 2020. The conference call will be available via webcast on the investor relations section of Shopify’s website.
Overstock.com Inc.’s (NASDAQ:OSTK) Board of Directors appointed William Nettles as a new independent director as of June 12, 2020. Nettles is a co-founder and managing partner of Invictus Growth Partners, a private equity firm located in San Francisco, CA that invests in and advises automation-enabled technology companies. He has more than 25 years’ experience in technology, investing and corporate finance as a founder, as a senior level corporate executive at Verifone, Lycos and Sungevity, and in investment banking at Credit Suisse.
Pinterest Inc. (NYSE:PINS) will release financial results and a letter to shareholders for the second quarter 2020 on Friday, July 31, 2020 before the market open. The company will host a Q&A conference call to discuss these results at 5:30 a.m. PT (8:30 a.m. ET) on the same day. A live webcast of the conference call and related earnings release materials can be accessed on Pinterest’s Investor Relations website at investor.pinterestinc.com. A replay of the webcast will be available through the same link following the conference call.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media which has a partnership with www.MarijuanaStox.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement between Winning Media and The Yield Growth Corp., Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for The Yield Growth Corp. We own ZERO shares of The Yield Growth Corp. Please click here for full disclaimer. We own ZERO shares of The Yield Growth Corp. Please click here for full disclaimer.
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