Wed.Jun 28, 2023

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How We’re Picking The Top Emerging Technologies For 2023

Forrester eCommerce

If I asked you what the top emerging technology is for 2023, you would likely say Generative AI. And you would be correct. But you can also see hype bubble expanding daily. Today every vendor is pumping GenAI tools into every conceivable niche of their software portfolios (for example, check out this Salesforce announcement).

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GNC to Begin Testing Drone Deliveries in Utah

Retail TouchPoints

GNC has partnered with autonomous delivery system Zipline to begin offering fully electric drone delivery in select markets in the U.S. Beginning in Salt Lake City this summer, GNC will work with Zipline to offer residential product deliveries. Customers who want to use the Zipline service in Salt Lake County must first sign up with Zipline to confirm their delivery address is eligible.

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Apple Brings 5G Network Slicing Closer To Reality

Forrester eCommerce

Network slicing is one of the key features differentiating 5G networks from prior generations. Despite this promise, 5G network slicing adoption has been nearly nonexistent.

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Report: Dollar Tree Plans Prices as High as $5 as it Expands Assortment

Retail TouchPoints

Dollar Tree is reportedly planning to bump prices on certain products as high as $5 , particularly in the food and beverage space, as it looks for opportunities to carry a wider range of products, according to a presentation at its annual investor conference seen by Winsight Grocery Business. The move follows its earlier effort to shift from a $1 to a $1.25 price point, which set the stage for further price increases.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Green Market Revolution Spend Will Total $326 Trillion By 2050

Forrester eCommerce

According to Forrester’s new forecast, cumulative global green market revolution spend will total $326 trillion from 2023 to 2050. Yes, that’s $326 trillion.

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Under Armour Names Marriott Exec as Chief Customer Officer

Retail TouchPoints

Under Armour has named long-time Marriott executive Jim Dausch as its new Chief Customer Officer (CCO), effective July 24, 2023. The retailer also has promoted Danny Miles to EVP, Chief Technology Officer and announced the departure of current COO Colin Browne and Chief Product Officer (CPO) Lisa Collier. As CCO, Dausch will lead global brand, marketing, digital engagement and customer experience across all of Under Armour’s commerce channels, reporting directly to CEO Stephanie Linnartz, who he

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Chicago Escape: The Culture of Artistry Retail

Retail TouchPoints

Chicago has been nicknamed “The Second City.” However, it is at the top of the U.S. market when it comes to the funding of public art and the support of artist communities, gallery camaraderie and knowledgeable collector groups. Chicago artists and the collectors of their art are the driving force behind community revitalizations and long-term success for local restaurants, businesses and gallery spaces.

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11 Best Online Bookkeeping Services For Small Businesses

My Wife Quit Her Job

If you run an online store or a local business, hiring an online bookkeeping service can save you time and money and help you stay organized. But with so many platforms to choose from, how do you know which bookkeeping service is the right one for your situation? Here are 10 of the best bookkeeping services for you to consider. The post 11 Best Online Bookkeeping Services For Small Businesses appeared first on MyWifeQuitHerJob.com.

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Matching Tech to New In-Store Experiences: 6 Steps to Success

Retail TouchPoints

Brands and retailers are navigating two conflicting realities when it comes to their in-store experiences: they know they must adapt their store experiences to new shopper expectations, but at the same time they are dealing with tighter store design budgets. As a result, store design teams are thinking more critically, and intentionally, about their new physical experiences — especially if technology plays a supporting role.

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Google Analytics 4 (GA4) For BigCommerce Advanced Setup Tips & Tricks

Groove

This is an updated version of our original March 2022 blog ‘ How Google Analytics 4 Will Impact Your eCommerce Website ’. Our previous blog contains more detailed information about GA4 that you may find helpful as a companion to this article. Why The Switch From Universal Analytics (UA) to Google Analytics 4 (GA4) We've all had it happen in the past.

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Get MACH Ready: Preparing Your Business for Digital Transformation

Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

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Casey’s Plans to Add 350 Stores, New Food Options in Three-Year Plan

Retail TouchPoints

Casey’s General Stores has announced a three-year strategic plan that will include opening 350 additional stores, expanding its selection of prepared and private label foods and ramping up its community involvement. The effort will build on Casey’s previous multi-year plan, which included building 350 stores between 2020 and 2023. Casey’s sees a large footprint, customer-centered convenience and restaurant-quality food as key elements that will help differentiate it from competitors in the c-sto

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Cloud Providers’ Focus On AI Hasn’t Paid Off … Yet

Forrester eCommerce

The first quarter earnings reports from hyperscale public cloud providers highlight the challenges of repositioning themselves for the generative AI transformation promised by large language model (LLMs) even as those vendors must adapt to customers’ tighter tech budgets. Forrester clients can find our perspective here.

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DoorDash Looks Beyond Restaurants to Become ‘The Local Commerce Company’

Retail TouchPoints

As it marks its 10-year anniversary, DoorDash is doubling down on its ambition to evolve beyond restaurant delivery to become “the local commerce company.” The delivery platform unveiled a series of major updates and service additions at its first-ever product showcase on June 27, 2023, including search and shopping features to help consumers find and buy whatever they are looking for (well beyond just meals), and a new integrated rewards program for merchants.

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No Time To Lead? Then Be Prepared To Fail

Forrester eCommerce

Do you ever hear yourself saying, “I just don’t have time to do that now”? Think about those things you don’t typically have time to do. Usually they are things that, while they involve more time investment, also return much more value — like hiring new team members, investing in training, or building relationships with business partners. Great leaders find the time to prioritize appropriately.

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The Future of Multi-Vendor Commerce

In this on-demand webinar, discover how Logicbroker’s cutting-edge technology enhances the overall experience for both current and future customers and gain insights into how leveraging our seamless integration process unlocks new dimensions of efficiency and functionality. Plus, learn how our advanced marketplace features are set to revolutionize the way businesses operate, offering opportunities for growth and success within your multi-vendor commerce program.

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fabric Product Update Q2 2023

Fabric

Advanced Retail Promotions, Dropship Vendor Management Tools, and More fabric Offers (Pricing & Promotions) Advanced Retail Promotions Promotions play a pivotal role in the competitive retail landscape, serving as an essential tool to drive revenue growth, improve inventory turnover, and conversion rate.To better unlock your creative promotions, we are providing no-code tools to tailor promotions to the right customers, driving customer loyalty, maximizing the impact of marketing efforts, a

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Monzo vs Revolut vs Starling (2023) – The Ultimate Comparison

Ecommerce Platforms

When running a business, the last thing you need is time-consuming procedures to manage your finances. So if you’re looking for a suitable business bank account, you’re in the right place. I'm putting three contenders under the microscope: Monzo Business, Revolut Business, and Starling Business. Meantime, if time is pressing, and you don't have time to read my entire Monzo vs Revolut vs Starling comparison, here’s a quick bottom line up front: All three banks are UK-based and FCA-registered.

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The Power of Google AI: A Deep Dive into How the Giant Uses AI in Its Tools

Store Growers

Last Updated on June 28, 2023 Slowly but surely, artificial intelligence (AI) has risen to become one of the most creative technology assets in the past decade. If you’ve used an AI tool, you already know what all the hype is about. If you’re a fan of Google’s innovative technology, you know that artificial intelligence has been vital in shaping its features and assets since 1998, when it was only a brand-new platform and not the gigantic business that it is today.

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Amazon wants package delivery help from thousands of small businesses

RetailDive

"Hub Delivery" program partners, which could include small business owners like florists or plumbers, will commit to delivering 20 to 50 packages daily for local customers.

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Forrester Report: Demystifying The Technical Functions of POS Solutions

Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

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The Power of Digital Marketing in the Online Business World

Digital Doughnut

In today's internet world, digital marketing is a game-changer opportunity, to reach and engage with their target audience. With the rapid evolution of technology, businesses must adapt and explore digital marketing strategies to stay relevant, competitive, and successful online.

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June 2023 SEO News Recap

ROI Revolution

Welcome to your June 2023 SEO News Recap! Last month , we shared the latest on Google and Bing’s AI advancements, upcoming changes regarding helpful content, an update about Google Analytics 4 , and more. In this month’s update, we have the latest on Google indexing mobile sites first instead of desktop versions, AI in search , how Google views videos, and more.

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GNC Piloting Drone Delivery Service in Select U.S. Markets

RIS News

The health and nutrition retailer will take to the skies later this summer, rolling out drone delivery services in Salt Lake City, with other locations to follow.

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Tinuiti Takes Stages at Cannes to Talk AI and Employee Well-being

CPC Strategy

Last week, leaders from Tinuiti spoke on different stages at the Cannes Lions International Festival of Creativity in France. The festival is the largest annual event where nearly 15,000 professionals from the creative marketing industry worldwide come together.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Back-to-school spending to rise 15.7% this year: JLL

RetailDive

Though back-to-school budgets are higher this year, shoppers continue to search for discounts, a new survey from JLL found.

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Mercari Harnesses Machine Learning to Fuel Personalized Transactions

RIS News

The online resale marketplace is tapping into machine learning technology to make transactions more personalized and convenient for shoppers.

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‘People just love the birthday gift’: How Sephora maintains loyalty by focusing on what shoppers want most

RetailDive

The beauty retailer has a history of frequent loyalty updates, but that’s what makes the program so successful, loyalty head Emeline Berlind says.

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Mercari Harnesses Machine Learning to Fuel Personalized Transactions

RIS News

The online resale marketplace is tapping into machine learning technology to make transactions more personalized and convenient for shoppers.

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The B2B Digital Commerce Playbook for Manufacturers

In this comprehensive guide, we delve into four essential ecommerce strategies for manufacturers. Each strategy is backed by a clear vision to ensure your efforts are aligned. Whether you’re a seasoned industry player or a budding digitalization champion, these strategies offer actionable insights to drive success. What will you find in the guide: Overview of how current events and external pressures impact business priorities.

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Walgreens stock plummets after pharmacy chain cuts 2023 outlook

RetailDive

“Our performance in the third quarter did not meet our overall expectations,” Walgreens CEO Roz Brewer told investors Tuesday morning.

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Crocs Taking Deeper Dive Into Virtual Store Experiences

RIS News

As part of its experimentation with metaverse-esque stores, Crocs is launching a new online experience based on its Jibbitz charm categories.

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Vans taps Drieke Leenknegt as marketing chief

RetailDive

Leenknegt is moving over from another VF Corp. brand, Timberland, and also did a stint as a marketing executive at Nike.

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Making Smarter Merchandising Decisions: How EDITED Revolutionizes Trend Investment

Dynamic Action

Summary Social media has created an endless trend cycle How do retailers break through the noise and decide which trend to invest in? What is automation? How the tools within EDITED helps users determine which trends are investment-worthy. Understanding the Trend Cycle With Twitter’s shaky future and algorithm strikes on Instagram, TikTok has become the go-to social media platform for all content and trends.

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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.