{"id":1841,"date":"2022-09-02T07:01:48","date_gmt":"2022-09-02T07:01:48","guid":{"rendered":"https:\/\/trackmefast.com\/blog\/?p=1841"},"modified":"2022-09-02T07:01:49","modified_gmt":"2022-09-02T07:01:49","slug":"ecommerce-news-that-shaped-summer-2022","status":"publish","type":"post","link":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/","title":{"rendered":"Season Roundup: E-commerce News that Shaped Summer 2022"},"content":{"rendered":"\n<p class=\"has-text-align-center\"><em>The market growth slow-down, urgent issues with returns and yet another purchase of Lazada shares by Alibaba. The Track Me Fast team takes a quick look back at what has been shaping the e-commerce industry in summer 2022.<\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Like it or not, the turbulence of political and economic events in 2022 has inevitably had a huge impact on the state of the global online commerce industry. More importantly, this trend is likely to grow even more visible closer to Q4 2022, primarily fueled by record-breaking inflation rates and the continuous hurdles across the supply chain.&nbsp;<\/p>\n\n\n\n<p>But before moving forward to the next season, let\u2019s recall what major news was shaping the e-commerce market worldwide in the three summer months of 2022.<\/p>\n\n\n\n<h3><strong>Gradual Online Commerce Growth Slow-down<\/strong><\/h3>\n\n\n\n<p>Even though the e-commerce industry continued growing in 2022, the dynamics was slowing down, as reflected in most of the online retailers\u2019 Q2 2022 business results, released in summer. More importantly, the entire U.S. market value in this segment, for example, showed only ~7% YoY growth in Q2, compared to the previously tracked 40%+ YoY increase in 2020 (per <a href=\"https:\/\/www.census.gov\/retail\/index.html\" target=\"_blank\" rel=\"noreferrer noopener\">US Department of Commerce data<\/a>).<\/p>\n\n\n\n<p>However, if there\u2019s one online shopping category, which has been on the rise this summer, it\u2019s the beauty segment.&nbsp;<\/p>\n\n\n\n<p>Namely, as the <a href=\"https:\/\/www.npd.com\/news\/blog\/2022\/in-2022-the-beauty-index-is-born\/\" target=\"_blank\" rel=\"noreferrer noopener\">NPD Group research<\/a> revealed, despite the mounting financial pressure, consumers have increased spendings on beauty products in the past months (up to an impressive amount of over 9,000,000,000 USD in the high-income sector), and the overall market resilience in this niche is likely to strengthen during the upcoming Winter Holiday season.<\/p>\n\n\n\n<h3><strong>Mounting Issues with Returns&nbsp;<\/strong><\/h3>\n\n\n\n<p>While in the pandemic times the free return option is what used to drive customer engagement and purchase intent to the extremes, by 2022 the issue with refunds and returns had turned into a huge challenge for most e-retailers. Namely, such issues are exceptionally noticeable in the apparel niche, where the problem of \u201cwardrobing\u201d has been worsening over the past several years.&nbsp;<\/p>\n\n\n\n<p>Particularly, according to the 2022 data, almost 30% of online purchases (accounting for tens of tonnes of products) are currently returned, with most of these ending up disposed of in landfill.&nbsp;<\/p>\n\n\n\n<p>The trick is, while the initial product delivery usually takes little time to handle, its return usually demands much greater operational and logistics efforts, not to mention the inevitable financial toll on the seller.<\/p>\n\n\n\n<p>In view of this, many online retailers (e.g. ASOS) have already added a return fee to mitigate the financial risks, however, the overall impact of such decision on the number of returns in Q3 &#8211; Q4 2022 is yet unclear.&nbsp;<\/p>\n\n\n\n<h3><strong>Stakeholders Accelerate Investment in E-Commerce across the ASEAN<\/strong><\/h3>\n\n\n\n<p>One of the major news this summer was Alibaba&#8217;s announcement of their yet another <a href=\"https:\/\/www.reuters.com\/article\/us-lazada-m-a-alibaba-idUSKBN19J0XV\" target=\"_blank\" rel=\"noreferrer noopener\">purchase of Lazada shares<\/a> from several of its minor shareholders. According to most experts, such a bold move has demonstrated the investors\u2019 confidence in the growth potential of the digital shopping industry in ASEAN, where less than 5% purchases are currently made online, and the <a href=\"https:\/\/trackmefast.com\/blog\/how-asian-ecommerce-is-conquering-the-world\/\">Asian e-commerce<\/a> in a whole.<\/p>\n\n\n\n<p>More importantly, as the analysts presume, the recent buy is primarily aimed at fueling more resources into Lazada in view of the growing competition on the regional market, like the rumored Amazon\u2019s entry, or the already announced JDI\u2019s expansion of operations in Southeast Asia.<\/p>\n\n\n\n<p class=\"has-text-align-right\"><strong>Tip!<\/strong> Learn more about a variety of <a href=\"https:\/\/trackmefast.com\/couriers\/aliexpress\">AliExpress tracking<\/a> and <a href=\"https:\/\/trackmefast.com\/couriers\/lazada\">Lazada tracking<\/a> options at Track Me Fast, or simply enter your parcel tracking number in the field above in order to check its current shipping status.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market growth slow-down, urgent issues with returns and yet another purchase of Lazada shares by Alibaba. The Track Me Fast team takes a quick look back at what has been shaping the e-commerce industry in summer 2022.<\/p>\n","protected":false},"author":1,"featured_media":1843,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[233],"tags":[297,247,261,249,267,245],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>E-commerce News that Shaped Summer 2022 | Blog | Track Me Fast<\/title>\n<meta name=\"description\" content=\"The Track Me Fast team takes a quick look back at what has been shaping the e-commerce industry in summer 2022.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"E-commerce News that Shaped Summer 2022 | Blog | Track Me Fast\" \/>\n<meta property=\"og:description\" content=\"The Track Me Fast team takes a quick look back at what has been shaping the e-commerce industry in summer 2022.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog | Track Me Fast\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-02T07:01:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-02T07:01:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trackmefast.com\/blog\/wp-content\/uploads\/2022\/09\/Season-Roundup_-E-commerce-News-that-Shaped-the-Summer-2022.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1212\" \/>\n\t<meta property=\"og:image:height\" content=\"808\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trackmefast\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/trackmefast.com\/blog\/#website\",\"url\":\"https:\/\/trackmefast.com\/blog\/\",\"name\":\"Blog | Track Me Fast\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/trackmefast.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/trackmefast.com\/blog\/wp-content\/uploads\/2022\/09\/Season-Roundup_-E-commerce-News-that-Shaped-the-Summer-2022.jpg\",\"contentUrl\":\"https:\/\/trackmefast.com\/blog\/wp-content\/uploads\/2022\/09\/Season-Roundup_-E-commerce-News-that-Shaped-the-Summer-2022.jpg\",\"width\":1212,\"height\":808},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#webpage\",\"url\":\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/\",\"name\":\"E-commerce News that Shaped Summer 2022 | Blog | Track Me Fast\",\"isPartOf\":{\"@id\":\"https:\/\/trackmefast.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#primaryimage\"},\"datePublished\":\"2022-09-02T07:01:48+00:00\",\"dateModified\":\"2022-09-02T07:01:49+00:00\",\"author\":{\"@id\":\"https:\/\/trackmefast.com\/blog\/#\/schema\/person\/4ca4b6138fee2dd498eca7d5b8318272\"},\"description\":\"The Track Me Fast team takes a quick look back at what has been shaping the e-commerce industry in summer 2022.\",\"breadcrumb\":{\"@id\":\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/trackmefast.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Season Roundup: E-commerce News that Shaped Summer 2022\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/trackmefast.com\/blog\/#\/schema\/person\/4ca4b6138fee2dd498eca7d5b8318272\",\"name\":\"Trackmefast\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/trackmefast.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/38c6b7ae75e4da850bdb50981764c544?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/38c6b7ae75e4da850bdb50981764c544?s=96&d=mm&r=g\",\"caption\":\"Trackmefast\"},\"sameAs\":[\"https:\/\/trackmefast.com\/blog\"],\"url\":\"https:\/\/trackmefast.com\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"E-commerce News that Shaped Summer 2022 | Blog | Track Me Fast","description":"The Track Me Fast team takes a quick look back at what has been shaping the e-commerce industry in summer 2022.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/","og_locale":"en_US","og_type":"article","og_title":"E-commerce News that Shaped Summer 2022 | Blog | Track Me Fast","og_description":"The Track Me Fast team takes a quick look back at what has been shaping the e-commerce industry in summer 2022.","og_url":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/","og_site_name":"Blog | Track Me Fast","article_published_time":"2022-09-02T07:01:48+00:00","article_modified_time":"2022-09-02T07:01:49+00:00","og_image":[{"width":1212,"height":808,"url":"https:\/\/trackmefast.com\/blog\/wp-content\/uploads\/2022\/09\/Season-Roundup_-E-commerce-News-that-Shaped-the-Summer-2022.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Trackmefast","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/trackmefast.com\/blog\/#website","url":"https:\/\/trackmefast.com\/blog\/","name":"Blog | Track Me Fast","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/trackmefast.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#primaryimage","inLanguage":"en-US","url":"https:\/\/trackmefast.com\/blog\/wp-content\/uploads\/2022\/09\/Season-Roundup_-E-commerce-News-that-Shaped-the-Summer-2022.jpg","contentUrl":"https:\/\/trackmefast.com\/blog\/wp-content\/uploads\/2022\/09\/Season-Roundup_-E-commerce-News-that-Shaped-the-Summer-2022.jpg","width":1212,"height":808},{"@type":"WebPage","@id":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#webpage","url":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/","name":"E-commerce News that Shaped Summer 2022 | Blog | Track Me Fast","isPartOf":{"@id":"https:\/\/trackmefast.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#primaryimage"},"datePublished":"2022-09-02T07:01:48+00:00","dateModified":"2022-09-02T07:01:49+00:00","author":{"@id":"https:\/\/trackmefast.com\/blog\/#\/schema\/person\/4ca4b6138fee2dd498eca7d5b8318272"},"description":"The Track Me Fast team takes a quick look back at what has been shaping the e-commerce industry in summer 2022.","breadcrumb":{"@id":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/trackmefast.com\/blog\/ecommerce-news-that-shaped-summer-2022\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/trackmefast.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Season Roundup: E-commerce News that Shaped Summer 2022"}]},{"@type":"Person","@id":"https:\/\/trackmefast.com\/blog\/#\/schema\/person\/4ca4b6138fee2dd498eca7d5b8318272","name":"Trackmefast","image":{"@type":"ImageObject","@id":"https:\/\/trackmefast.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/38c6b7ae75e4da850bdb50981764c544?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/38c6b7ae75e4da850bdb50981764c544?s=96&d=mm&r=g","caption":"Trackmefast"},"sameAs":["https:\/\/trackmefast.com\/blog"],"url":"https:\/\/trackmefast.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/posts\/1841"}],"collection":[{"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/comments?post=1841"}],"version-history":[{"count":2,"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/posts\/1841\/revisions"}],"predecessor-version":[{"id":1847,"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/posts\/1841\/revisions\/1847"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/media\/1843"}],"wp:attachment":[{"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/media?parent=1841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/categories?post=1841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trackmefast.com\/blog\/wp-json\/wp\/v2\/tags?post=1841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}