20 June 2017

Thanks for Joining inRiver at IRCE!

This year, from June 6-9, the best of all things “retail” for Internet retailers gathered in Chicago at McCormick Place West. We were excited to have this time to meet with many of our customers and partners, as well as hear about the product information “pain” that so many retailers are feeling as they expand their e-commerce efforts.

It was not surprising that Amazon was the “elephant in the exhibition hall.” I was pleased to be able to attend a session hosted by Peeyush Naharm, the Vice President of Amazon Marketplace. He outlined three of the top priorities of Amazon: seller-fulfilled PRIME service, Amazon Lending, and Amazon Business.

Fifty-five percent of sold items on Amazon are now delivered on behalf of sellers. An increasing number of products are being delivered at PRIME speed. Growth in the business is as high as 20%.

Prior to this session, I had not been aware of the scope of Amazon Lending. Amazon has made $3 billion in loans to more than 20,000 small and medium businesses in the US, UK, and elsewhere.
Last, Amazon Business now has 45,000 active business sellers offering more than 400 million products. These sellers now have access to new services that they can offer their customers, such as automated workflows, bulk shopping, and varying payment terms.

It is evident that Amazon is indeed the company to either beat or join!

Regardless of your strategy with respect to Amazon, we here at inRiver believe that it all starts with stellar product information so that you can tell perfect product stories. If you didn’t have a chance to see a demo of Product Marketing Cloud at IRCE, request a demo now!

Thank you to everyone who attended our After Hours parties—hosted by us alone at the award-winning luxury Swissôtel on Thursday, June 8 and in concert with our partner Salesforce CommerceCloud, on June 7 at one of Chicago's most stylish venues, Fremont. We hope you experienced some lovely sunsets and great views of the Chicago skyline. We also hope that you were able to network with other IRCE attendees and exhibitors and learn about all the amazing e-commerce solutions that are available in the ecosystem.

We hope you had a chance to chat with us at our booth. If not, please feel free to contact us or check out the many retail and e-commerce resources on our web site.

See you at IRCE 2018!

Kathryn Zwack, Senior Content Marketing Manager, inRiver Inc

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