E-commerce 3.0 should be defined as a fully connected and integrated e-commerce CRM-marketing-service-analytics-POS platform that has its own private environment of customer data and opens the playing field to small-to-medium businesses (SMBs), according to Mikel Lindsaar, CEO and Founder of StoreConnect
The need for online storeowners to maximize their valuable time and compete against the big stores is more urgent than ever with U.S. e-commerce sales expected to exceed $1 trillion for the first time this year. Previously, they were not forecasted to reach this milestone until 2024. (1) In 2021, the number of small businesses in the US alone reached 32.5 million, making up nearly all (99.9 percent) of US businesses. (2) Globally, COVID-19 increased online retail sales’ share of total retail sales from 16% to 19% in 2020. (3) However, according to comprehensive market research by  Mikel Lindsaar , CEO and Founder of StoreConnect, small to medium business owners have been wasting too much time and too much money in maintaining their e-commerce websites, connecting systems, fidgeting with logistics and not enough time growing their business. “I wanted to build an e-commerce solution that respects the valuable time of our clients enabling their growth while giving ‘David’ the tools to compete with the likes of ‘Goliath’.”
Introducing e-commerce 3.0
Just like the web has gone through stages of Web 1.0, then 2.0, and now 3.0, e-commerce has followed a similar path. Web 1.0: the formation of the Internet as we know it. Web 2.0: adding dynamic websites that became systems and applications within themselves. This stage also included the consolidation of knowledge of the user into corporations of data, like Facebook, Google, Amazon and others, yet the subsequent loss of privacy with consumers’ private data being the “product.”
Web 3.0: Is now moving into a distributed model with a goal to return to individuals their own privacy. For e-commerce, 3.0 was accelerated into existence by the catalyst of COVID. Last year saw annual retail e-commerce sales pass $4.9 trillion worldwide, and online sales are predicted to grow to more than $5.5 trillion by the end of 2022. (4) In 2021, there were anywhere between 12 to 24 million online shops, with more than 2.1 million online retail stores in the US in 2021. (5)
E-commerce 1.0 was created and ushered in via the likes of Amazon shopping, popularizing the idea that you could make purchases without having to visit a store. This created a titanic shift within the retail industry causing some retail stores to shut down and move online. E-commerce 2.0 has been typified by anybody being able to get online to sell. This has created giants in the industry, such as Shopify and others, which have made it simple for anyone to create an e-commerce store nearly instantly. This stage however also included the consolidation of customer data, buying habits, search histories, targeted advertising knowledge and the loss of privacy as corporate giants started slurping up as much information as they could about each consumer, creating bio profiles and attempting to target ads more across their entire network. For consumers, shopping and using the internet these days has become a balancing act of giving enough information to get what you need, while feeling that every decision you make gets recorded and held in massive, consolidated data stores. For merchants, part of the e-commerce 2.0 experience has been creating multiple interconnected systems and somehow keeping all of the systems talking to each other in order to deliver a full experience to shoppers. The status quo is that e-commerce 2.0 solutions often require 5, 6 or 7 different connected systems that somehow need to talk to each other to provide e-commerce point of sale, customer service, marketing solutions, CRM, internal sales, product management, pricing management, stock management, shipping management, etc. while keeping all of the systems in sync and talking to each other. A near-impossible feat. “The status quo has become an expensive nightmare for big brands,” says Lindsaar. “But for SMBs, it is has been a growing and exorbitant time and expense factor that has been keeping them out of the market and unable to reach their full potential.”
E-commerce 3.0 is a new idea and consists of two major thoughts. 1. The first is that an e-commerce 3.0 system integrates all of the above systems into one solution. Instead of having five, six, or seven, or more systems attempting to keep in synchronization, you have one e-commerce 3.0 system that provides all of the above solutions via the one application. Your e-commerce website, your corporate website, your point of sale, your marketing solutions, price, product, infantry, shipping management, digital asset management and customer service solutions all being run from a single platform that does not require constant monitoring and support in order to keep its data in sync. 2. The second thought of e-commerce 3.0 is to create, for each retailer, their own private environment of customer data, in essence breaking up the customer-data monopolies. The information you share with each merchant is private to that merchant and not shared with other merchants. E-commerce 3.0 allows each individual merchant their own analytics system and customer-knowledge system without needing to rely on global enterprise companies who provide “free“ analytics solutions in exchange for all of your customer data. Just like Web 3.0, e-commerce 3.0 is distributing the web back to individual merchants and providing the smaller merchants with the ability to take on the big merchants; actually giving “David” the ability to take on “Goliath.”
The way to change the SMB landscape with one single stroke
Simple: Take the most popular and most widely used sales program—Salesforce—and help online storeowners focus on growing their business, not on the technicalities of their website. StoreConnect is an e-commerce AppExchange package created exclusively for Salesforce. It provides SMBs with a single CRM-based e-commerce solution that saves them time and money. The disruption of the SMB market is ongoing, as more businesses seek ways to eliminate bloat in staffing and resources, as well as more easily manage their assets. Previously, SMBs had struggled to maintain and afford an e-commerce venture, mainly because they had to have staff working these areas—and a hefty tech stack. With 86% of digital commerce leaders reporting that digital commerce will be their most important route to market over the next two years, the pent-up demand from the SMB e-commerce market to find a solution was strong. (6)
In fact, Salesforce itself recognized the outstanding work that StoreConnect demonstrated within the e-commerce sector, as well as their clear excellence in innovation on the Salesforce platform. As a result, StoreConnect was announced the winner of the Salesforce International Partner Innovation Award for Retail, by showcasing outstanding leadership within the Salesforce ecosystem, an award, only previously awarded to multi-million and multi-billion dollar enterprises with the resources to use Salesforce to such an innovative capacity. StoreConnect, being the new disruptor startup on the Salesforce block, allows one SMB client to run dozens of separate store fronts all with different designs, currencies, products, pricing, content and languages, all on the one StoreConnect / Salesforce license combination. “We have a very powerful multi-store solution for SMBs,” Lindsaar concludes. “And we are focused on spending the time of our customers as carefully as we spend our own—Time. Well Spent.”

E-commerce 3.0: Single CRM Platform Disrupting SMB Electronic Commerce

On Apr 25, 2022
E-commerce 3.0 should be defined as a fully connected and integrated e-commerce CRM-marketing-service-analytics-POS platform that has its own private environment of customer data and opens the playing field to small-to-medium businesses (SMBs), according to Mikel Lindsaar, CEO and Founder of StoreConnect. The need for online storeowners to maximize their valuable time and compete against the big stores is more urgent than ever with U.S. e-commerce sales expected to exceed $1 trillion for the first time this year. Previously, they were not forecasted to reach this milestone until 2024. (1) In 2021, the number of small businesses in the US alone reached 32.5 million, making up nearly all (99.9 percent) of US businesses. (2) Globally, COVID-19 increased online retail sales’ share of total retail sales from 16% to 19% in 2020. (3) However, according to comprehensive market research by Mikel Lindsaar, CEO and Founder of StoreConnect, small to medium business owners have been wasting too much time and too much money in maintaining their e-commerce websites, connecting systems, fidgeting with logistics and not enough time growing their business. “I wanted to build an e-commerce solution that respects the valuable time of our clients enabling their growth while giving ‘David’ the tools to compete with the likes of ‘Goliath’.”
Introducing e-commerce 3.0
Just like the web has gone through stages of Web 1.0, then 2.0, and now 3.0, e-commerce has followed a similar path. Web 1.0: the formation of the Internet as we know it. Web 2.0: adding dynamic websites that became systems and applications within themselves. This stage also included the consolidation of knowledge of the user into corporations of data, like Facebook, Google, Amazon and others, yet the subsequent loss of privacy with consumers’ private data being the “product.”
Web 3.0: Is now moving into a distributed model with a goal to return to individuals their own privacy. For e-commerce, 3.0 was accelerated into existence by the catalyst of COVID. Last year saw annual retail e-commerce sales pass $4.9 trillion worldwide, and online sales are predicted to grow to more than $5.5 trillion by the end of 2022. (4) In 2021, there were anywhere between 12 to 24 million online shops, with more than 2.1 million online retail stores in the US in 2021. (5)
E-commerce 1.0 was created and ushered in via the likes of Amazon shopping, popularizing the idea that you could make purchases without having to visit a store. This created a titanic shift within the retail industry causing some retail stores to shut down and move online. E-commerce 2.0 has been typified by anybody being able to get online to sell. This has created giants in the industry, such as Shopify and others, which have made it simple for anyone to create an e-commerce store nearly instantly. This stage however also included the consolidation of customer data, buying habits, search histories, targeted advertising knowledge and the loss of privacy as corporate giants started slurping up as much information as they could about each consumer, creating bio profiles and attempting to target ads more across their entire network. For consumers, shopping and using the internet these days has become a balancing act of giving enough information to get what you need, while feeling that every decision you make gets recorded and held in massive, consolidated data stores. For merchants, part of the e-commerce 2.0 experience has been creating multiple interconnected systems and somehow keeping all of the systems talking to each other in order to deliver a full experience to shoppers. The status quo is that e-commerce 2.0 solutions often require 5, 6 or 7 different connected systems that somehow need to talk to each other to provide e-commerce point of sale, customer service, marketing solutions, CRM, internal sales, product management, pricing management, stock management, shipping management, etc. while keeping all of the systems in sync and talking to each other. A near-impossible feat. “The status quo has become an expensive nightmare for big brands,” says Lindsaar. “But for SMBs, it is has been a growing and exorbitant time and expense factor that has been keeping them out of the market and unable to reach their full potential.”
E-commerce 3.0 is a new idea and consists of two major thoughts. 1. The first is that an e-commerce 3.0 system integrates all of the above systems into one solution. Instead of having five, six, or seven, or more systems attempting to keep in synchronization, you have one e-commerce 3.0 system that provides all of the above solutions via the one application. Your e-commerce website, your corporate website, your point of sale, your marketing solutions, price, product, infantry, shipping management, digital asset management and customer service solutions all being run from a single platform that does not require constant monitoring and support in order to keep its data in sync. 2. The second thought of e-commerce 3.0 is to create, for each retailer, their own private environment of customer data, in essence breaking up the customer-data monopolies. The information you share with each merchant is private to that merchant and not shared with other merchants. E-commerce 3.0 allows each individual merchant their own analytics system and customer-knowledge system without needing to rely on global enterprise companies who provide “free“ analytics solutions in exchange for all of your customer data. Just like Web 3.0, e-commerce 3.0 is distributing the web back to individual merchants and providing the smaller merchants with the ability to take on the big merchants; actually giving “David” the ability to take on “Goliath.”
The way to change the SMB landscape with one single stroke
Simple: Take the most popular and most widely used sales program—Salesforce—and help online storeowners focus on growing their business, not on the technicalities of their website. StoreConnect is an e-commerce AppExchange package created exclusively for Salesforce. It provides SMBs with a single CRM-based e-commerce solution that saves them time and money. The disruption of the SMB market is ongoing, as more businesses seek ways to eliminate bloat in staffing and resources, as well as more easily manage their assets. Previously, SMBs had struggled to maintain and afford an e-commerce venture, mainly because they had to have staff working these areas—and a hefty tech stack. With 86% of digital commerce leaders reporting that digital commerce will be their most important route to market over the next two years, the pent-up demand from the SMB e-commerce market to find a solution was strong. (6)
In fact, Salesforce itself recognized the outstanding work that StoreConnect demonstrated within the e-commerce sector, as well as their clear excellence in innovation on the Salesforce platform. As a result, StoreConnect was announced the winner of the Salesforce International Partner Innovation Award for Retail, by showcasing outstanding leadership within the Salesforce ecosystem, an award, only previously awarded to multi-million and multi-billion dollar enterprises with the resources to use Salesforce to such an innovative capacity. StoreConnect, being the new disruptor startup on the Salesforce block, allows one SMB client to run dozens of separate store fronts all with different designs, currencies, products, pricing, content and languages, all on the one StoreConnect / Salesforce license combination. “We have a very powerful multi-store solution for SMBs,” Lindsaar concludes. “And we are focused on spending the time of our customers as carefully as we spend our own—Time. Well Spent.”
Write in to  psen@itechseries.com to learn more about our exclusive editorial packages and programs.

While the digital economy of the Southeast Asian region was already developing at a very fast rate prior to the arrival of the COVID-19 crisis, it was this crisis that would act as a catalyst for even more rapid development of the region’s digital economy.

Digital Economy; ASEAN Agreement on Electronic Commerce Entered into Force

09/23/2021 | 12:12am EDT
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Tradelink, a leading provider of e-commerce services for Hong Kong business community, was delighted to participate in the Logistics and Supply Chain MultiTech R&D Centre ("LSCM") Logistics Summit 2021 held at the Hong Kong Science Park on 10th September 2021. As an annual flagship event for Hong Kong's logistics industry, this year's LSCM Logistics Summit returned as a physical event after going virtual last year due to the pandemic. Tradelink was honored to be invited to join the summit as an exhibitor, alongside other innovative solution providers in the industry, to showcase our suite of Intelligent Supply Chain Solutions. Highlighting our signature digital warehousing and transportation management solutions, we showed case study videos of some of our major projects including the Ambient Warehouse Automation Project for a leading supermarket chain and the Transportation Management System Project for a leading food & beverage group . Leveraging AI, big data and robotics, our case studies demonstrated how our solutions could help business synchronize supply chain process and enhance business performance. Themed "Innovate and revitalize to win over the COVID-19", LSCM Logistics Summit 2021 gathered over 500 members of LSCM including technology providers, manufacturers, logistics operators, retailers, industry associations and government departments to explore the challenges brought on by the pandemic and how to revitalize the logistics community using innovation and technology. We appreciated the opportunity to meet key players in the logistics industry to promote our Intelligent Supply Chain Solutions and explore potential business partnerships and opportunities. Attachments

Tradelink Electronic Commerce : showcased its Intelligent Supply Chain Solutions at LSCM Logistics Summit 2021

The global Human Capital Management market size is expected to grow from USD 17.6 billion in 2020 to USD 24.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period. Integration of emerging technologies, such as Artificial Intelligence (AI), and Machine Learning (ML), with HCM software has emerged as one of the strongest factors for HCM software and services adoption across regions. The HCM market comprises major software providers, such as Workday (US), Oracle (US), ADP (US), SAP (UK), Microsoft (US), IBM (US), Ultimate Software (US), Ceridian (US), SumTotal (US), Kronos (US),Infor (US), Talentsoft (France), EmployWise (India), PeopleStrategy (US),Cornerstone (US), Meta4 (US), Ramco Systems (India), Bamboo HR (US), Namely (US), Workforce Software (US), Zoho (India), Sage Group (UK), Epicor Software (US), Zenefits (US), Paylocity (US), Gusto (US), Bitrix (US), Benefitfocus (US), WebHR (US), Talentia Software (France), PeopleFluent (US), Vibe HCM (US), Rippling (US), Ascentis (US), and BizMerlinHR (US). The study includes an in-depth competitive analysis of key players in the HCM market with their company profiles, recent developments, and key market strategies. The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and enhancements; and partnerships, acquisitions, and collaborations, have been the most dominating strategies adopted by the major players from 2017 to 2020, which helped them strengthen their offerings and broaden their customer base. Oracle (US) has a strong foothold in the HCM market with its robust offerings. The company adopted various organic growth strategies and continues to enhance its expertise in the market. For instance, in May 2020, the company introduced Oracle Analytics for Cloud HCM. The introduction of analytics is to help organizations derive insight from workforce analytics. It offers self-service analytics capabilities to provide HR executives, analysts, and line-of-business leaders with deeper insight. Moreover, Oracle Analytics for Cloud HCM offers cross-functional data model and more than 50 HR KPIs. Ultimate Software (US) is among the leaders in the HCM market with a prominent geographic presence. The company has alliances with many leading companies and has adopted various organic growth strategies to maintain a strong foothold in the industry. For instance, in July 2019, Ultimate Software launched the Employee File Management, which would help HR professionals to easily share documents with third parties irrespective of their location. Browse in-depth TOC on Complete Report @ https://www.marketsandmarkets.com/Market-Reports/human-capital-management-market-193746782.html
2

Human Capital Management Market Analyzed With Trends And Opportunities By 2025

Nando's is a South African restaurant chain that specializes in Portuguese-African food, including its signature flame-grilled peri-peri style chicken. It operates over 1,000 outlets in 35 countries. It is headquartered in Johannesburg, South Africa.

Nando's

`` We look forward to a strong long-term partnership with Nando 's Peri-Peri and are thrilled that Vibe HCM will provide them with a vehicle to celebrate and spread the vibrant Nando 's Peri-Peri culture as they continue to expand . ''

Nando’s Peri-Peri Selects cfactor’s Vibe HCM

Vibe HCM

Edgecase

PeopleAdmin

Softbank Capital

Nellymoser

Webhire

Workscape

Garderos

GiveGab

Kimbia

Compass Learning

Jostens

May Department Stores

MediaPRO

Lanyon

Pegasus Solutions

Battery Ventures

Frontier Growth

CenterPoint Energy

InnLink

StarCite

 HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

HR Tech

Acquired

Vibe HCM is an HCM technology and services provider focused on HR software expectations for hundreds of thousands of employees.

Date	Round	Amount	Investors	Revenue	Sources
4/7/2020	Loan	$3.5M	Paycheck Protection Program	0 FY undefined
6/7/2019	Series B	$99M	Subscribe to see more	0 FY undefined	10
5/2/2017	Growth Equity	$99M	Subscribe to see more	0 FY undefined	10
6/4/2015	Series A	$99M	Subscribe to see more	0 FY undefined	10

Date	4/7/2020	6/7/2019	5/2/2017	6/4/2015
Round	Loan	Series B	Growth Equity	Series A
Amount	$3.5M	$99M	$99M	$99M
Investors	Paycheck Protection Program	Subscribe to see more	Subscribe to see more	Subscribe to see more
Valuation
Revenue	0 FY undefined	0 FY undefined	0 FY undefined	0 FY undefined
Sources		10	10	10

First funding	5/16/2012
Last Funding	5/16/2012
Investor	CAE
Rounds	1 Acquired
Board Seats
Type	Corporation
Location	Canada

Date	5/25/2017
Investment Stage
Companies	cFactor Works
Valuation	$99M
Total Funding
Note	Acquired
Sources	1

Wells Fargo Success Story

3M Success Story

Platform Overview

Vibe HCM

Total Raised

Investors Count

Vibe HCM Funding, Vibe HCM Valuation & Vibe HCM Revenue

Vibe HCM Investors

Vibe HCM Acquisitions

1 Acquisition

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