Merry Thursday, ECFers!
Have you noticed an uptick in abandoned shopping carts this holiday season? You’re not alone: A study found that roughly two-thirds of online shoppers during Black Friday and Cyber Monday were actually “jingle bots.” Ho ho … oh.
It may lift your spirits to learn that Amazon has opened its Vine program to third-party sellers, and the U.S. and China struck a preliminary trade deal halting 15% tariffs set to hit many consumer goods before the holidays. Get the details below or in this week’s podcast.
In shipping news, Amazon blocked sellers from using FedEx ground for Prime shipments, and UPS expanded its express services across 40 countries. Craigslist boasted some growth of its own, launching its first official mobile app. (Seriously, Craigslist, where have you been since the mid-’90s?)
In the podcast I also get into how I’m prepping for 2020, as well as a few tax strategies you may not be familiar with that can save you some coin.
Wishing you all a Happy Holiday and a Merry Christmas!