EP218 - Amazon Q1 2020 Earnings and Covid News  Episode 218 covers some Covid-19 related e-commerce news, and provides an analysis of Amazon’s Q1 2020 Earnings. Announcement Next weeks show will be a live listener question show. Join our Zoom webinar on May 6th at 9pm ET, and you can watch us make a show, and ask your own questions. https://us02web.zoom.us/j/89837125650?pwd=QTM2QWZKRDlSNFFIU0xnRmZ2VWowQT09 Password: 877145 Webinar ID: 898 3712 5650 International numbers available: https://us02web.zoom.us/u/kuutcaEJm News Shopify becoming a marketplace?  Google shopping is now free Covid impact 630,000 retail businesses have been closed since mid-March (about 61% of sf sq) Forrester 16% E-Com -> 25% in april (70% digital influence) 3% digital grocery -> 10% digital Grocery Goldman Sachs: Retail Chain down 20.9%  ShopperTrack: Traffic down 48% Bankruptcies – JCREW, Neiman, JCP, Tuesday Morning, Lord & Taylor  Gordon Brothers 25,000 stores and 100,000 restaurants could end up closing permanently this year  UBS 100,000 retailers close by 2025 (15% -> 25% e-com penetration) Everyone making PPE Happy Story: Pets (“adopt a pet” surged about 335% in volume) Simon Properties Opening Plans Amazon Q1 2020 Earnings Earnings Release (PDF) Presentation Don’t forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. Episode 218 of the Jason & Scot show was recorded live on Thursday, April 30th, 2020. http://jasonandscot.com Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing. Transcript Jason: [0:24] Welcome to the Jason and Scott show this is episode 218 being recorded on Thursday April 30th 2020 I’m your host Jason retailgeek Goldberg and as usual I’m here with your co-host Scot Wingo. Scot: [0:38] Hey Jason and welcome back Jason Scott show listeners Jason 40 jump into it we do have a pretty exciting announcement we tested about a month ago now we tested a live event so with listeners and that went really well we had a lot of folks on and got a lot of really good questions and engagement from the community out there so next week we are going to do another one of those you zoom so I think everyone’s pretty familiar with zoom at this point so put May 6th at 9 p.m. Eastern that’s 8 p.m. central 7 p.m. mountain 6 plus 6 p.m. Pacific on your calendar in this episode show notes you’ll find a link to that Zoom and we’ll be sharing the link on Twitter LinkedIn and Facebook all the socials so we hope you’re able to join us and just kind of hang out talk e-commerce see each other we can’t get together at conferences right now so it’ll be a lot of fun and we’ll talk about whatever topics everyone’s interested in talking about. Jason: [1:41] Yeah and if you have any questions feel free to send them to us in advance. Scot: [1:45] Jason how are you doing this is probably the longest period of time you haven’t been on a plane in 40 years. Jason: [1:53] Yeah some maybe not quite that long but yes I like to say I’m living the covid dream I just wish I could wake up from it. Scot: [2:03] Are you frantically checking your tickets to make sure you don’t have a flight tomorrow or you you’re out of the. Jason: [2:10] No but there are still some like cruel reminders like there’s you and I were supposed to be in Arizona if I’m not mistaken doing a gig together this week which I was very much looking forward to. And so like a reminder on my calendar will pop up for the check in at the Marriott Inner in Flagstaff or whatever and I’ll be kind of sad. But I feel like the bigger question is how is my family doing if he guess they’re not used to quite so much Jason. Scot: [2:45] Yeah and a little behind inside baseball your son and I had a little mini Star Wars podcast before this sucks one. Jason: [2:52] Yeah he’s