Mon.Aug 14, 2023

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How AI is Revolutionizing E-commerce and Online Shopping

Digital Doughnut

In recent years, the world of e-commerce and online shopping has experienced a significant transformation thanks to the advancements in Artificial Intelligence (AI).

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Subscription Hardware Puts The Channel At Risk

Forrester eCommerce

Subscription-based hardware is the emerging model that every hardware vendor is promising to customers, partners, and investors. It’s a significant shift from the classic capex model in which firms spend money for outright hardware purchases. There are several scenarios such as new technology, short-term projects, test-before-you-buy, and infrastructure bundled with managed services, etc.

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484: Hacking The LinkedIn Algorithm: How Chase Dimond Grew His Following To 227K Subs In 11 Months

My Wife Quit Her Job

Today, I’m thrilled to have my friend Chase Diamond back on the show. Chase is the co-founder of Structured Agency, a top email marketing firm. But outside of email, he’s also a master of social media. In this episode, we discuss Chase’s recent success on LinkedIn where he went from 27K subs to over 220k subs in just eleven months reaching an astounding 100 million impressions.

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Brand Investments Are Up But Maybe Not Where You Think

Forrester eCommerce

Website/digital shows the biggest gains across both programs and headcount, continuing a long-running trend toward a digital-first investment strategy.

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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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Babylist Delivers with First Baby Gear ‘Showroom’ in Beverly Hills

Retail TouchPoints

Photo courtesy of Babylist Photo courtesy of Babylist Photo courtesy of Babylist Photo courtesy of Babylist Photo courtesy of Babylist Photo courtesy of Babylist Photo courtesy of Babylist Digital platform Babylist will open its first-ever permanent flagship showroom in Beverly Hills, Calif., on Aug. 18, 2023. The 18,000-square-foot store aims to reimagine the baby registry and shopping experience based on insights from its thriving digital business.

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Explainability Is Necessary For AI’s Success

Forrester eCommerce

Forrester recommends that business leaders looking to enhance their enterprise AI adoption should pull on the seven levers of trusted AI.

More Trending

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Price Positioning: What It Is and How It Affects Customer Behavior

Wiser

Understanding your product’s position in the market is crucial for success, especially when it comes to price. But what exactly is price positioning, and how does it impact a product’s success in the marketplace? Price positioning refers to the process of determining where a product or service fits in relation to other offerings in the market, based on its price.

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Amazon Makes Drastic Cuts to Private Label Business in Advance of Potential FTC Antitrust Probe

Retail TouchPoints

Amazon is dropping dozens of its private label brands as it works to shore up profits and prepares for the potential of an antitrust lawsuit from the Federal Trade Commission (FTC), according to the Wall Street Journal. In July 2022, the company began scaling back its private label business following disappointing sales and scrutiny from lawmakers.

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The Best 14 Books for Amazon FBA Sellers to Read

Algopix

In the dynamic world of e-commerce, Amazon’s FBA (Fulfillment by Amazon) program has revolutionized the way entrepreneurs do business. With its seamless order fulfillment, customer service, and global reach, FBA has opened up new avenues for aspiring entrepreneurs to start and grow their online businesses. However, navigating this competitive landscape requires more than just setting up a storefront; it demands a deep understanding of e-commerce strategies, supply chain management, brandin

Books 101
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Laying the Operational Foundation for Autonomous Stores

Retail TouchPoints

While autonomous stores and technological innovation are high on the retail agenda, the infrastructure and operational efforts that enable them aren’t often given the same broad attention. However, as more retailers look to embrace the benefits of embedding digital solutions into their physical stores, it is becoming clear that developing internal processes and infrastructure for the deployment of new technologies will determine which companies thrive in today’s rapidly changing retail environme

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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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Neiman Marcus cuts corporate staff to boost cross-functional collaboration

RetailDive

The department store said less than 1% of its workforce is affected by the latest layoffs as it continues to implement a strategy unveiled in February.

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Starbucks Expands Reusable Cup Format to 12 California Stores

Retail TouchPoints

Seeking to move closer to the goal of cutting its waste footprint in half by 2030, Starbucks has added 12 locations to its 100% reusable operating model. Stores in Napa and Petaluma, Calif. will serve beverages either in customers’ personal cups or in a reusable “Borrow A Cup,” which customers can take with them and return in smart return bins. According to a company blog post , “from August 14 through October 22, customers at participating stores will be able to bring their own personal cup in

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Reaching consumers in a brave new world for retail

RetailDive

How has retail changed in the first half of 2023? What can brands expect in the second half of the year? Find out the factors driving change in the industry and what retail brands should keep in mind about today’s shoppers.

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Radio Flyer will Land in Chicago with First Branded Storefront

Retail TouchPoints

Radio Flyer , the maker of the Original Little Red Wagon and other ride-on vehicles for children, will open its first retail store in Chicago this fall. Despite its 106-year history and expansive wholesale retail presence, this is Radio Flyer’s first foray into branded brick-and-mortar. The location, scheduled to open in November 2023 at the Woodfield Mall in Schaumburg, Ill., will give customers access to a robust brand experience where they can browse Radio Flyer’s entire product line, includi

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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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Radio Flyer to open first store this fall

RetailDive

The 106-year-old brand, known for its red wagons, is set to open its first store this November in the Chicago area where the company is based.

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The Death Spiral of Discounting

Smile.io

Discounts seem like a good business strategy, right? Well, it depends on how often you run discounts. Ever since Google first started tracking search results in 2004, the number of searches made for terms like “discount code,” “coupon,” and “online sale” have been steadily increasing, showing that from the time people started shopping online customers have been trying to get the most out of every dollar they spend.

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Target partners with Rowing Blazers on its fall designer collection

RetailDive

The limited-time collection features clothing, accessories, home, outdoor and pet products — and most prices are between $5 and $30.

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Nathan’s Famous Builds Out Data-Fueled Localized Marketing Capabilities

RIS News

The fast-casual hot dog franchise is elevating its customer engagement and centralizing data to refine its marketing efforts.

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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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Consumers are focusing more on health and Hershey is here for it

RetailDive

As shoppers look for better-for-you alternatives during their wellness journeys, retailers can harness their basket-building potential.

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Amazon Taps Generative AI for Product Review Summaries

RIS News

Amazon is testing AI-generated consumer reviews, rolling out features that pick out and summarize common customer sentiment towards particular products.

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Michaels refreshes brand identity

RetailDive

The craft retailer's brand revamp is already underway and marks the company's 50th anniversary.

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Seattle Seahawks and Lumen Field Expand Use of Amazon’s Just Walk Out and Palm Payment Technology

RIS News

With this latest deployment, Lumen Field now has the most Just Walk Out locations of any sports venue in the world.

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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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Serta Simmons Bedding names COO amid turnaround

RetailDive

The company appointed a number of new executives this summer after it filed for bankruptcy at the start of the year.

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With Three-Year Annual Growth Rate of 166%, SheerID Earns Place  on Inc. Magazine’s Inc 5000 list of Fastest-Growing Private Companies  

SheerID

With Three-Year Annual Growth Rate of 166%, SheerID Earns Place on Inc.

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Capri releases soft Q1 earnings as Tapestry’s plan to buy company is revealed

RetailDive

Sales and profit declines took a backseat to the surprise merger announcement Thursday, but provided new context to the $8.5 billion deal.

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Are Merchants Gaining Upper Hand in Online Marketplaces?

365 Retail

All is not well in ecommerce marketplaces. Battlelines are being drawn. On one hand the marketplaces, on the other their merchant partners, with the issue of payments processes the chief bone of contention. This July, for instance, Etsy made the decision to withhold 75% of payments to merchants for 45 days in order to “keep the marketplace safe” and ensure sufficient cash for refunds.

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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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Toms exec talks about new sustainability strategies, ThredUp partnership

RetailDive

Amy Smith, chief brand officer, says the company is focusing on tackling issues in “our own backyard,” such as access to mental health resources.

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5 Proven Strategies to Boost Visitors to Your Website

Ecommerce Guru

In the present computerized age, having major areas of strength for a presence is critical for organizations and people the […] The post 5 Proven Strategies to Boost Visitors to Your Website appeared first on Ecommerce Guru.

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Good for the planet, great for the bottom line: How thredUP’s Clean Out Kit revolutionized resale for consumers and brands

RetailDive

Budget-conscious and eco-minded, today’s retail shoppers crave value and sustainability, backing up those preferences with their wallets.

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Enhancing Employee Recruitment with Job Today

365 Retail

In a fast-paced modern world, both employers and job seekers are increasingly turning to digital platforms to help simplify and speed up their process of finding work or candidates for the opened vacancies. One of the leaders in the market of innovative recruitment is Job Today mobile app – an online platform designed for those seeking immediate or short-term job opportunities and those providing them (not forgetting, of course, other types of positions).

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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.