Retail and eCommerce highlights this week include: The release of JoTLive continues Jenkon’s innovation leadership in enterprise technologies for global direct selling. Floship has launched Logtech, an intelligent platform that simplifies cross-border shipping to support eCommerce sustainability. YouPay, the world’s first cart-sharing app to be approved on Shopify announced the launch of its cart-sharing app into the US market. Wheel’s acquisition of GoodRx Care technology accelerates its growth into new markets and expands its existing partnership with GoodRx through a multi-year agreement
Jenkon launches latest innovation in digital commerce for the direct selling industry
JoTLive supports direct sales companies to cost-effectively deliver live-streaming commerce to their independent sales representatives and retail customers. Live commerce is an online, real-time video experience which allows consumers to watch and interact with entrepreneurs and sellers, creating an exciting and personalized engagement with quick, simple ordering. JoTLive also allows the seller to archive recorded shows to be available, on-demand, by future customers who can then purchase products when viewing the event at a later time. JoTLive sales events can be conducted by the company, or easily presented by its representatives, social media influencers, or affiliates sharing product or service information. JoTLive can support hundreds of show attendees or allow a consultant to conveniently have one-to-one video calls with friends. JoTLive is the latest addition to a modular, cloud-based application suite called JoT, the Jenkon of Things.
Companies today must differentiate themselves in the hyper-competitive world of online selling. Post-pandemic markets have required companies to provide dynamic, compelling, yet remote purchasing experiences. At the same time, a new, educated consumer now expects a highly personalized shopping experience, delivering interactivity and ‘immersive’ technologies. Live Shopping has emerged as the hottest trend in digital and social commerce, with over $600B in worldwide sales expected in 2023, according to McKinsey & Co.
Floship’s launches Logtech an intelligent platform to support eCommerce sustainability
Floship has launched Logtech, an intelligent platform that simplifies cross-border shipping. The platform enables online store owners to unify their entire supply chain management from a single access point whilst empowering them to reduce their carbon footprint.
Floship’s intelligent portal incorporates a customer-based automated rule engine — enabling users to establish rules across their entire supply chain for a much more structured and smoother shipping process.
Floship’s portal leverages its AI Rule Engine to automate time-consuming tasks including shipping address validation, country-specific shipping document generation, order routing, and carrier selection, all based on the store owner’s preferences and customer’s order. The portal’s artificial intelligence also automatically optimizes and selects the best-fit packaging on an individual or multiple SKU level based on product dimensions. This positively impacts an eCommerce’s environmental imprint by eliminating excess packaging thereby reducing volumetric weight which in turn cuts down transportation-related CO2 emissions along with shipping costs.
According to research, 91% of consumers want to see eco-friendly shipping options at checkout — even amongst those who say eco-friendly practices are not important when shopping online and are willing to wait longer and pay more for eco-friendly deliveries. By utilizing Floship’s all-in-one smart technology, eCommerce owners have a much more seamless way to offer a diverse range of green shipping options to their customers without having to spend considerable time, effort, or resources.
Adopting Floship’s platform can optimises shipping from the get-go can drastically reduce an eCommerce brand’s environmental and operational headaches. Cutting unnecessary time on the road to get items to the end user in an expedited, eco-friendlier, and more efficient manner could positively impact customers’ experience and satisfaction whilst keeping operational costs to a minimum.
YouPay launches cart sharing app for teenagers in US eCommerce stores
Over 2.5 million eCommerce stores in the US can now let their teen shoppers share shopping carts with their parents for payment using YouPay, just in time for the year’s biggest online shopping events and the gifting season.
Immediately available for installation on Shopify stores in the US, UK, Europe and the Asia Pacific Region, YouPay allows shoppers to complete their cart and create a private, shareable link for their parents, relatives or friends to view and pay for at the checkout. YouPay’s cart sharing functionality empowers a growing segment of shoppers that don’t have immediate access to online funds and, by removing key eCommerce friction points for teens and their parents, Shopify stores with YouPay installed are expected to improve cart conversion during the peak November and December holiday spending season.
YouPay does not restrict shoppers to purchasing within a single eCommerce ecosystem like Amazon wishlists. Or, Hollister Co’s Share2Pay, created to improve customer experience and increase cart conversions. YouPay can be set up in 15 minutes and requires minimal technical expertise. Shoppers are then able to create a wishlist across multiple stores. YouPay is available to install directly from the Shopify App Store.
Wheel acquires GoodRx Care backend technology to strengthen its virtual-first care platform
Wheel, the health technology company plans to acquire GoodRx Care’s backend virtual care technology. This includes its clinician-centric EMR, powerful clinical management tools, and flexible patient experience software. Wheel will integrate GoodRx Care’s underlying technology to expand its existing virtual care platform capabilities. GoodRx will continue to own the consumer-facing GoodRx Care website and mobile app.
The platform powers virtual care on behalf of the most innovative companies in healthcare with its nationwide clinician network and white-labelled technology. Wheel will combine the best features of Wheel and GoodRx Care’s technology in one platform, thereby empowering its customers to build and deliver innovative care services and accelerate growth into new care models and markets — mobilizing the digital transformation of care.
The acquisition furthers the two companies’ long-standing relationship. Since 2020, Wheel has provided its technology and trusted nationwide clinician network for the GoodRx Care service. Now, as GoodRx reprioritizes and sharpens its focus on driving affordable solutions for consumers, the companies have entered into a long-term strategic agreement where GoodRx continues to own the consumer-facing GoodRx Care website and mobile app, and Wheel powers the service with its underlying technology and clinician network. This deal will give GoodRx the flexibility it needs to continue providing access to telehealth solutions for its users.
Over the last four years, Wheel has built a strong business by pairing its underlying technology with a leading clinician network — delivering care to millions of patients across the country. This is Wheel’s first acquisition, and the company recently announced several new senior leadership hires, including its CTO and SVP of Product.
