Petsmart Regains Dominance in North American Pet Market

Petsmart Regains Dominance in North American Pet Market

PetSmart successfully transformed from a pet supplies retailer into a comprehensive service giant. Their strategy involves expanding services beyond retail, creating immersive experiences for pet owners, implementing an omnichannel approach for seamless shopping, and integrating social values into their brand. This multifaceted approach allowed them to adapt to the evolving pet economy and cater to the changing needs of pet parents, leading to significant growth and market leadership. They've effectively repositioned themselves as a trusted partner in pet care, not just a provider of products.

Thai Ecommerce Brands Compete in Rapidly Growing Market

Thai Ecommerce Brands Compete in Rapidly Growing Market

Thailand's e-commerce market is booming, with online retail rapidly increasing its share. Brands should seize this opportunity, focusing on ROI and expanding into channels like live streaming, short videos, and social platforms. Consumer shopping habits are shifting towards AI-powered recommendations, requiring brands to optimize algorithms and provide personalized services to stand out in the competitive landscape. This includes tailoring product suggestions and enhancing user experiences based on AI-driven insights to cater to the evolving preferences of Thai consumers.

Ecommerce Firms Urged to Select Proper Bills of Lading

Ecommerce Firms Urged to Select Proper Bills of Lading

Cross-border e-commerce sellers should be aware of the risks associated with choosing between ocean bills of lading and forwarder bills of lading. Ocean bills of lading, issued by shipping companies, offer a simpler cargo retrieval process and stronger proof of ownership, suitable for full container load (FCL) shipments. Forwarder bills of lading, issued by freight forwarders, are appropriate for less than container load (LCL) shipments and specific trade terms but carry the risk of destination port agent issues. Selecting the wrong bill of lading can lead to cargo detention and financial loss. Consulting with professional logistics advisors is recommended.

Ecommerce Sellers Face DDP Vs DDU Shipping Dilemma

Ecommerce Sellers Face DDP Vs DDU Shipping Dilemma

Cross-border e-commerce sellers need to comprehensively consider factors such as customs clearance responsibility, tax burden, and risk transfer when choosing between DDP (Delivered Duty Paid) and DDU (Delivered Duty Unpaid) terms. DDP is suitable for scenarios where buyers lack customs clearance capabilities or need to enhance customer experience, while DDU is suitable for situations where buyers have customs clearance capabilities or tax rates fluctuate significantly. When choosing, attention should be paid to the policies of the destination country, tax calculation, and the qualifications of the freight forwarder to reduce risks and ensure smooth delivery.

Container Shipping Market Tightens As Owners Gain Pricing Power

Container Shipping Market Tightens As Owners Gain Pricing Power

As the container ship leasing market shifts towards feeder sizes, it is expected that transaction activity for 2500 to 2800 TEU vessels will rise, with supply and demand tightening giving shipowners increased pricing power. Recent leasing deals between Swire Shipping and CMA CGM indicate a revival in market activity, and competition is anticipated to intensify in the coming weeks.