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Alibaba’s Business Model – How the eCommerce Giant Makes Money

Indigo 9 Digital

It launched in 2003 and provided an opportunity for China’s entrepreneurial class to reach China’s increasingly affluent consumer market. Merchants on Taobao pay a fee to rank higher within the site’s search engine results, similar to the way Google works. Alibaba does not charge merchants on Taobao listing or transactions fees.

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Dollar General promotes 18 executives

Mass Relators

She has held roles of increasing responsibility, most recently as vice president, human resources for DG’s retail organization since 2021 and was named to the Mass Market Retailers Most Influential Women list in 2023. She was named to the Mass Market Retailers Most Influential Women lists in 2022 and 2024.

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Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

The business got its first big break in 2003, during the SARS outbreak, when Liu saw an opportunity to capitalise on the burgeoning e-commerce sector and began selling products online to customers who were eager to avoid public spaces. JD.com also aims to contribute RMB 100 billion in taxes and create over 1 million jobs.

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Experiencing Metaverse FOMO? Don’t Panic, it’s a Marathon, Not a Sprint

Retail TouchPoints

In a new survey from marketing platform Klaviyo , 49% of consumers said they don’t know what the metaverse is , and among those respondents who said they were aware of the metaverse, 78% think it’s mostly marketing hype. Think of Second Life back in 2003 — that was essentially a metaverse. Most consumers are in the same boat.

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2021-2022 Buyer’s Guide Directory

SGN Magazine

The right vendors will welcome you into the fold with great products and customer service that will help you stand apart from other stores. The vendors that advertise in each edition of SGN are proven companies with quality products and a commitment to customer service. Atlanta Market at AmericasMart. service@doodlepants.com.

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The Benefits & Cons of Selling on Amazon, 10 Factors to Consider

Indigo 9 Digital

The Children’s Place started selling on Amazon back in 2003. We are significantly accelerating our investments in brand marketing, and we're projecting accelerated growth with Amazon for the balance of 2021 and beyond.” Rich customer data can be used, for example, to provide customers with more personalized products and services.