The biggest e-commerce challenge of 2019 may be balancing marketing and sales channel innovation with the need for increasingly sophisticated fraud prevention. This will be especially challenging because fraud protection, like many aspects of business today, requires experience and fluency in working with data, and there's a growing shortage of data scientists across the U.S. and around the world. Here's a look at what to expect for the remainder of 2019. Online sales in the U.S. are projected to reach $480 billion in 2019, according to a Forrester forecast. There are three trends helping to drive that growth. One, mobile shopping is poised to surpass e-commerce in the coming year. Two, consumers are making use of better omnichannel shopping options. And three, social shopping is growing in popularity, especially among mobile users. Click Read More bellow for additional information.
Chris Hughes, co-founder of Facebook, has confirmed the sale of The New Republic, after a failed attempt to revitalize the century-old magazine. Win McMormack, political activist and publisher of Tin House, has emerged as the buyer.
Terms of the deal have not been disclosed.
Hughes purchased the title in 2012 and set out to turn the liberal mouth piece into a multiplatform media company, but things didn’t quite work out. Not only did the brand suffer a mass exodus when several staffers lost faith in Hughe’s vision, but it also cut frequency and never truly established itself in the digital space.
In a company memo last month, Hughes was candid when he announced his intentions to sell by saying. “I underestimated the difficulty of transitioning an old and traditional institution into a digital media company in today’s quickly evolving climate.”
Now McMormack and his newly named publisher and editorial director, Hamilton Fish, will undertake that challenge. But McCormack indicates he has no plans to change the brand’s historical mission. He says in a statement, “We intend to continue in that same tradition, preserving the journal as an important voice in a new debate over how the basic principles of liberalism can be reworked to meet the equally demanding challenges of our era.”
No word yet on what this means for CEO, Guy Vidra, who Hughes hired in 2014 in an attempt to right the ship. Likewise, McCormack has made no comments on other staff changes beyond Fish.