added by sari ยท updated 2y ago
Insights on the global eCommerce & DTC businesses
- 4. It's local shops and not local products.
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago
- 2. Where Amazon has superhuman-level moats, Shopify has no play and is trying to build its playbook (Ex: Fulfillment, Demand Generation) or does not have a play (Ex: Advertisement)
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago
- Amazon is 2.5x Shopify in terms of revenue contribution to the merchants that work with them. But the difference is that Amazon generated the demand that is worth about $200B in 2019 but Shopify does not generate any demand for its merchants.
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago
- 1. It is just a feed of products from the stores you buy from.
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago
- 3. Discovery is bad or there is no discovery
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago
- 3. Amazon's moats come from strong demand-side businesses (Demand Generation and Advertisement) while Shopify's moats come from the supply-side (Platform fees)
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago
- 1. Where Shopify makes money and Amazon doesn't, it is so because of business model differences (Ex: Platform Access, Point of Sale)
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago
- 2. There is no curation or descriptive store profiles
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago
- In a multi-pronged competition with Amazon, Shopify has to shed its DNA as a technology company and become a consumer company. Impressively, Shopify did another shift well enough - from being a tech company to an infrastructure company. It's preparing for the next orbital shift - moving from being an infrastructure company to a consumer company.
from Insights on the global eCommerce & DTC businesses by Ashwin Ramasamy
sari added 3y ago