Wed.Jul 12, 2023

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Is Your Digital Shelf Ready For Primetime?

Forrester eCommerce

The Product Information Management Systems Landscape, Q2 2023 reveals that that 1) an explosion of channels is forcing enterprises to syndicate accurate product information, 2) lasting business impact needs a flexible data model and change management, and 3) AI capabilities can substantially reduce time to market and increase operational efficiencies.

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Amazon Seller Repay: A Guide To Amazon Seller Repayment Charges

My Wife Quit Her Job

If you want to own a profitable Amazon store, you need to be aware of the various fees that Amazon charges. In this article, I explain how the Amazon Seller Repayment fee works, including when Amazon charges it and how you can avoid it. The post Amazon Seller Repay: A Guide To Amazon Seller Repayment Charges appeared first on MyWifeQuitHerJob.com.

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Half Of Generative AI Users Are Indiscriminate About Data Use

Forrester eCommerce

Despite the risks, over half of US online adults who have used generative AI said they are “fine” with using ChatGPT to analyze data from their company, while 45% have no issues with prompting ChatGPT using their personal information.

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Target Promotes 17-Year Veteran to Chief Marketing Officer

Retail TouchPoints

Target has named Lisa Roath as its new EVP and Chief Marketing Officer. Reporting to EVP and Chief Guest Experience Officer Cara Sylvester, Roath will lead core marketing functions including creative, guest marketing strategy, retail brand experience, social media, paid media strategy and marketing strategy and operations. Roath, a 17 -year Target veteran, most recently was SVP of Food and Beverage Merchandising.

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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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KPMG Bets Big On Generative AI-Fueled Productivity

Forrester eCommerce

KPMG has made the most explicit statement yet on how it expects generative AI (genAI) to improve its business. It joins Deloitte, EY, and PwC in stating its intent of over $1 billion investments in AI.

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Designer Brands Names New DSW President

Retail TouchPoints

Designer Brands has named Laura Denk President of DSW Designer Shoe Warehouse and EVP of Designer Brands, effective July 24. Denk replaces Doug Howe, who was promoted to CEO of Designer Brands in April 2023. She brings an extensive background in merchandising, most recently as Chief Merchandising Officer at Michaels Stores , and also has held leadership positions at Claire’s and Macy’s.

More Trending

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5 Ways AIOps is Solving Modern Retail Networking Challenges

Retail TouchPoints

With so much attention on artificial intelligence (AI) today, you’ve likely heard how Artificial Intelligence for IT Operations (AIOps) is going to revolutionize almost everything. And now there’s a something called AI Networking to contend with. If you’re responsible for wireless, wired and wide area networks, all the noise probably has you searching for answers to how AI, machine learning and automation can help your retail organization.

Retail 237
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Looking Ahead To Forrester’s B2B Summit EMEA 2023

Forrester eCommerce

Throughout the year there is an ebb and flow to the things I look forward to, often triggered by a certain event. For example, once my family has the winter-sport holiday behind us, I look forward to warmer weather and sunshine.

B2B 195
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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

The past few years have been a rollercoaster ride for the retail industry. The pandemic and related supply chain disruptions led to shuttered storefronts and rampant bankruptcies. Then, last year, in-store sales grew faster than online sales, while ecommerce stocks took a big hit. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry.

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How Embracing “Resilience By Design” Enables Innovation

Forrester eCommerce

What does badminton have to do with resilient technology strategies? Find out in this sneak preview of our upcoming Technology & Innovation North America event.

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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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How Purple Transformed the In-Store Experience, From Render to Reality

Retail TouchPoints

Brands and retailers frequently partner with design strategy firms and tech integrators to bring new store concepts to life. But what does meaningful collaboration look like, especially as budgets and priorities shift? For Purple’s Senior Director of Retail Environments, Cindy Speters, it means “being honest, almost to the point of pain.” And that honesty is critical for Speters, especially as she considers the scale and cost of new projects.

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Data Governance Unlocks the Impact of Analytics: Data Strategy & Insights 2023

Forrester eCommerce

Forrester data shows less than 10% of enterprises are advanced in their insights-driven capabilities. The reason? Data governance. Learn why.

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Roku Partnership Enables Purchases Directly from Shoppers’ TVs

Retail TouchPoints

Roku and Shopify have partnered to let viewers purchase products from Shopify merchants directly from their TV through Roku Action Ads. Shoppers who see an ad for a Shopify Merchant can press “OK” on their Roku remote to learn more about the product and purchase it directly from their screen. Payment and shipping details are prepopulated using the customer’s Roku Pay information, allowing the order to be placed with the push of a button.

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From Trend To Destination: Embracing Lifecycle Revenue Marketing

Forrester eCommerce

By harnessing the strengths of both demand generation and ABM, marketers can create a powerful marketing approach that drives results.

Marketing 195
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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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Il Makiage Parent Plans IPO with $1.7 Billion Valuation

Retail TouchPoints

Oddity , the parent company of beauty brands Il Makiage and SpoiledChild , has announced an IPO aimed at reaching a valuation of nearly $1.7 billion. The company expects net proceeds from the offering to reach approximately $41 million , assuming its share price hits the midpoint of $28.50 , slightly under its goal of $30 , according to a filing with the SEC.

Books 210
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Ecommerce Customer Reviews: Why They’re Important and How to Design Them

ESW

Soliciting ecommerce customer reviews have become a ubiquitous part of the post-purchase experience. And for good reason because reviews are a shoppers’ go-to source of product information. In today’s data-driven ecommerce marketplace, an increasing number of consumers now rely on reviews to inform their shopping behaviour. Recent research shows that 95% of consumers consult customer reviews before making a purchase , and 30% of customers research reviews for every purchase they make.

eCommerce 146
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How AI in Search May Affect the SERP Landscape

Digital Doughnut

Unless you’ve been living under a rock for the last couple of months, you may have heard the rumblings (and grumblings, more specifically from Marketeers) of AI and how this technology has the power to change the way in which people search and the online experience.

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How to Create a Strong Influencer Marketing Strategy

ROI Revolution

An influencer marketing strategy is an extremely powerful way to promote your brand to your target audience in a way that builds trust. Influencer marketing strategies involve creating partnerships with social media influencers , or creators who have amassed a following on one or more platforms by developing a collection of content typically focused on a distinct niche.

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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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How much does SMS marketing cost?

Omnisend

Reading Time: 5 minutes One big myth about SMS marketing is that it’s not worth your money. People believe the return on investment (ROI) is not good enough. But here’s the truth: SMS marketing, in reality, delivers impressive ROI for businesses. When you shoot out an SMS, it has a high chance of being opened and read by your customers. A survey by Simple Texting shows over 80.5% of consumers check their notifications within five minutes of receiving a text.

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Digital Armageddon: Reclaiming the Open Metaverse from Attackers!

Digital Doughnut

The future of the Open Metaverse is at stake. In recent years, we have seen a rise in centralized alternatives to the Open Metaverse, which are being sold as a detour on the route to a decentralized destination. In this alternative vision, the permissionless have been permissioned, and communities have become gated rather than seamlessly connected.

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Best bulk text message services for 2023

Omnisend

Reading Time: 7 minutes One common myth that people believe is that bulk text message services are expensive and only meant for large businesses. The truth is, businesses of all sizes can leverage bulk messaging services to optimize customer outreach and engagement. And there are powerful tools with varying pricing plans that can accommodate any budget.

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Reporter’s notebook, in photos: How retail celebrated Pride Month in 2023

RetailDive

Despite a silence that marred Target’s standing with the LGBTQ+ community, the company maintained the most extensive Pride merchandising in retail. But local shops are most likely to offer authentic messages.

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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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Mondel?z Supply Chain Leader Bob Schug Will Be Featured at Inaugural Value Chain Tech Event

RIS News

We are excited to announce that Bob Schug, VP Technology, Supply Chain will be featured at the inaugural Value Chain Tech. Schug will be discussing how he has implemented new tactics to achieve agility in his company’s supply chain planning.

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Back-to-school spending to tumble 10%: Deloitte

RetailDive

Inflation showed signs of easing markedly in June, but it will take consumers time to adjust, and discounts are in focus, according to the researchers.

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More than 2,200 stores are closing across the US in 2023. Here’s the full list.

RetailWire

Retailers worldwide are facing closures and financial challenges, with several prominent brands shutting down stores in 2023. The list includes Foot Locker, which plans to close 545 stores by 2026, and home goods company Tuesday Morning, which is shutting down all of its physical locations. Other notable closures include Bed Bath & Beyond, Gap, and.

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Bankruptcy judge OKs sale of BuyBuy Baby brand and digital assets for $15.5M

RetailDive

The distressed retailer’s brick-and-mortar stores are now slated to close after no bids materialized to keep them open.

Retail 86
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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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Temu sellers are now even copying product photos, descriptions, and entire Amazon storefronts, lawsuits allege

RetailWire

Amazon sellers have accused sellers on the ultra-cheap marketplace Temu of copying their product listings, leading to declining sales. Wired reports that Temu sellers have replicated product photos, descriptions, and keywords from original Amazon listings, often selling the products at lower prices. Requests to have the listings removed have reportedly been met with silence from.

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Meati’s wide-scale retail launch is here with Dots distribution deal

RetailDive

The brand’s addition to Dot Foods’ catalog is not just a big win for Meati — it’s a sign that alternative proteins are moving into their next phase of ubiquity.

Retail 67
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$650 Skincare Launch With a Waitlist of 30,000 Customers Proves Luxe Skincare Trend Is Thriving

RetailWire

A new premium skincare launch, LYMA, has garnered significant attention with a waitlist of 30,000 customers, indicating the thriving trend for luxe skincare. Developed by experts outside the traditional skincare industry, LYMA claims to have harnessed scientific research and created a unique formula with a high ratio of active ingredients to water. While some beauty.

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Hanesbrands promotes interim CFO to permanent seat

RetailDive

Scott Lewis, a 17-year company veteran, has been at the financial helm of Hanesbrands on an interim basis since the former CFO Michael Dastugue stepped down for family reasons in January.

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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.