Ecommerce is now firmly entwined in the spending habits of consumers worldwide. We have a few options to invest in the sector using both traditional stocks as well as cryptocurrencies. Let's start with a stock many are already familiar with and finish up with a few new tokens looking to cash in on the commerce space.
$STMP - Stamps.com
Our first option is the Stamps.com stock, ticker symbol $STMP. Stamps.com makes it easy for online vendors to fulfill orders on online platforms like Amazon, Shopify, Ebay, Etsy and PayPal shops. Vendors willingly pay a monthly fee to efficiently ship out their multichannel orders. Their customers can also use their other branded shipping and order fulfillment services (like ShipStation and Endica) to seamlessly ship out orders via USPS and UPS.
Some reasons to be bullish on Stamps.com:
• Online shopping has gone into overdrive since the pandemic. Stamps.com provides omnichannel fulfillment services to an increasing number of retailers looking to meet consumers' online shopping demands.
• $3.7B market cap with a $120M stock buyback upcoming.
• Analyst George Sutton has given the stock his highest rating. George is a well-regarded stock picker and has a $340 target for $STMP.
• Alexa shows increasing traffic to the Stamps.com website.
Look for the price of the stock to pop right before earnings are released. Although a "sell the news" related drop may soon follow, the mid term outlook is positive for Stamps.com and its price should ramp up to over $300 in the short to mid term.
2 Ecommerce Options for Crypto - Curate & Shopping.io
Since this is a crypto blog, I'd be remiss if I didn't mention a couple tokens related to the ecommerce space.
1. Shopping.io Shopping.io aims to incentivize buying through their site by offering discounts to retailers like Amazon, Walmart & Ebay. Users can get discounted prices at these retailers when they stake Shopping.io's native SPI token. There's a 4th retailer yet to be added (the Chinese dropshipper Aliexpress) which gives you a hint as to the intent of this platform. Sellers on platforms like eBay hold the SPI token to get discounts at big retailers which they use to dropship to their customers.
2. Curate allows anyone to sign up and sell on their Curate marketplace app. They have a partnership with Shopping.io and another upcoming with Travala. I'm a holder of the XCUR token and looking forward to what the future holds for the project.
Hope you found this overview of commerce investing options useful. For those who wish to stay in the crypto ecosystem to buy stocks like $STMP, stock derivatives are available on the xDAI blockchain using Deus.finance.
