What Shopify and Amazon can learn from Mimetic Theory

The point is context — by abstracting a core function and delivering it in situ, value is created. That is achieved by removing friction or utilizing unique data. Shopify is the canonical example. In recent years, the e-commerce platform has moved beyond integrating Stripe to offer a range of embedded products, including merchant lending that uses ... See more

Main Street businesses need to form online networks that enable them to compete with Amazon on price, convenience, and brand. E-commerce platforms Shopify, Lightspeed, Woocommerce, and Square, could enable this collaboration. For example: when one local retailer doesn't have a product in-stock, why don't they suggest another local shop that does? T... See more

Authentication needs to be quick and convenient for the sellers and reliable and consistent for the buyers. Product discovery and navigation needs to be contextualized and entertaining, either through editorial point of view or through livestreaming and social component. Visibility needs to be equal to all sellers and platforms should support in te... See more