When we last checked in with Amazon Business in 2018, the B2B e-commerce marketplace was set to top $10 billion in annual sales just three years after it launched. Now, three years after that, annual sales on the platform have topped $25 billion worldwide. More than half of those sales came from third-party sellers…
Read MoreEditorial Type: News
‘Local Flavor’: Sonic Is Selling Different Branded T-shirts for All 46 States It Operates In
Sonic might be a nationwide chain, but people still treat it like a piece of their local culture. Everyone has their Sonic they like to go to, and the ones in the next state over just aren’t the same. To celebrate that geographic diversity, Sonic released a line of 46 individually designed T-shirts—one for each state with a Sonic restaurant…
Read MoreHow a Distributor’s One-on-One Supplier Meeting Led to $7,000 in Orders: a Back to Business Virtual Power Meeting Success Story
One distributor’s one-on-one meetings at a recent Promo Marketing virtual business development event led to $7,000 in orders after the supplier helped put together virtuals for a few of her clients. More than that, though, the meetings laid the groundwork for future business. Here’s how…
Read MoreSBA Increases Small Business COVID Relief Loan Limit From $150,000 to $500,000
Small businesses that have been impacted by the pandemic will now be able to apply for up to 24 months of relief totaling $500,000. Previously, the Small Business Administration limited the relief to six months worth $150,000. SBA administrator Isabella Casillas said the decision came down to the pandemic extending longer than…
Read MoreNFL to Start Selling Licensed Merchandise Via Amazon Storefront Operated by Fanatics
Amazon will begin selling more officially licensed NFL merchandise, such as replica jerseys, tailgating products and more, thanks to a new agreement between the company and the league. Effective yesterday, Amazon can now sell licensed NFL products from brands like Fanatics, New Era and more. Nike, however, will not be included…
Read MoreThe NCAA Is Taking Heat for Women’s Tournament Swag Bags (and Missing ‘March Madness’ Branding)
At the start of the NCAA Tournament, we got a look at the impressive gift set players received to help them get settled and stay sane while they’re in the bubble in Indianapolis. It came to light, however, that the Women’s NCAA Tournament did not have these same perks, or even the same branding on the products…
Read MoreShipping Delays Expected to Extend ‘Into Spring and Summer’ (and America’s $1,400 Stimulus Checks Could Make Slowdowns Worse)
Eugene Seroka, executive director for the Port of Los Angeles, said shipping volume is about to surge again over the next few weeks, continuing “into the spring and summer.” And analysts are worried that the $1,400 checks issued as part of the Biden administration’s $1.9 trillion stimulus package will make delays worse as Americans keep spending online…
Read More4imprint Revenue Dropped 35% in 2020, Profit Down 96%
4imprint this week announced its 2020 fiscal year results. According to Morningstar, the company’s revenue was down 35% to $560 million from $860 million. Specifically in North America, revenue fell 34%, and U.K. and Ireland revenue dropped 53%. The distributor also posted a 96% drop in annual pretax profit…
Read MoreBar Owner Defends ‘Kiss Me, I’m Contagious’ T-Shirts
If you saw a shirt, right now, in 2021, a year into the pandemic, that said “Kiss me, I’m contagious,” what would you think? Would you think it was a joke about COVID-19, or would you think, “Oh, contagious means fun. We’re fun. It’s a fun day.” One bar owner is hoping you’d go with the latter…
Read MoreAmazon Music Adds In-App Merchandise Store for Artists, Exclusive Collections
Amazon is making another push into the branded merchandise world by launching a built-in e-commerce platform on Amazon Music featuring exclusive products from big-name acts like Lady Gaga and Billie Eilish. What’s really interesting is if and how the move integrates the company’s Merch by Amazon capabilities…
Read More