Mon.Apr 24, 2023

article thumbnail

Four Ways Innovation Networks Drive Real Business Benefits

Forrester eCommerce

One of the key components of a future fit technology strategy is finding new ways of tapping into partners’ innovation capabilities. Learn how innovation networks can help.

article thumbnail

454: From 0 To Millions: His Inc 500 Business Turned A Simple Idea Into A Multi-Million Dollar Empire W/ Mike Barnhill

My Wife Quit Her Job

Today, I have my good friend Mike Barnhill on the show. Aside from having a sexy voice and being the lead singer in a rock band called Hydrafighter, Mike and his brother Patrick started an e-commerce store selling ID badges over at Specialist ID. This business has been featured in the Inc 500 for the past seven or eight years and they make millions selling what seem like mundane and saturated products.

eCommerce 295
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reaching Gen Z and Millennials: What Brands Need to Know About Creator Guided Shopping

Retail TouchPoints

Creator-guided shopping is booming, with no signs of slowing down. With U.S. retail social commerce projected to reach $80 billion by 2025, according to Insider Intelligence , more consumers, especially Gen Z and millennial shoppers, are turning to creators to help with their purchase decisions. In fact, 92% of Gen Z — a group that will make up the largest consumer segment by 2030 [1] — rely on creators to inform their purchases across virtually every category.

article thumbnail

Passing The Beads: The Lasting Legacy Of Forrester’s Former President Bill Bluestein

Forrester eCommerce

Bill Bluestein’s storied tenure transformed how research is done at Forrester. Learn about his legacy and the latest winner of his namesake award, Brandon Purcell.

195
195
article thumbnail

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.

article thumbnail

Walmart’s Baby Selection isn’t Just for Little Ones — Mom’s Needs are Key as Well

Retail TouchPoints

Baby retail isn’t just about the babies themselves. As the saying goes, it takes a village — and everyone in that village needs things to help raise the child. Combine that with an increasingly varied population, with 50% of babies born in the U.S. today ethnically diverse, and you end up with a baby category that is much broader than it’s ever been.

Gifts 268
article thumbnail

Call For Entries: Forrester Technology Awards 2023

Forrester eCommerce

Calling all entries for the Forrester Technology Strategy Impact Awards and the Forrester/The Open Group Enterprise Architecture Awards.

More Trending

article thumbnail

Customer Reviews: Why They’re Important & How to Get More

Wiser

For many shoppers, online reviews are crucial when making purchasing decisions. Whether it’s restaurants, big chains, local businesses or anything in between, shoppers turn to ratings and the testimony of other customers to lead them in the right direction. Some customers ask their friends and family directly for recommendations, but others often turn to Yelp, a common customer review site, Google, or social media to read up on reviews.

Customer 157
article thumbnail

Levi’s Names Snap Exec as New Marketing Chief

Retail TouchPoints

Levi Strauss & Co. has appointed Kenny Mitchell as its new SVP and Chief Marketing Officer (CMO) of the Levi’s brand, effective June 5, 2023. Mitchell will report to Levi Strauss & Co. President Michelle Gass and will be responsible for advancing the brand’s consumer marketing strategies, building denim leadership equity and growing market share.

Marketing 265
article thumbnail

Digital Optimization is the New Digital Transformation

Fastr

Keeping up with the latest technology advancements is a challenge for anyone. Businesses struggle to make the changes that they know will deliver a positive impact on productivity, efficiency, or experience because it can be so daunting to ensure you can keep your operations on track while you modify your systems and processes.

article thumbnail

Bed Bath & Beyond Prepares to Wind Down Operations in Chapter 11

Retail TouchPoints

Bed Bath & Beyond has filed for Chapter 11 bankruptcy protection and will implement an orderly wind-down of its businesses while “conducting a limited marketing process” to find one or more buyers for some or all of its assets. The retailer has received a commitment of approximately $240 million in debtor-in-possession financing from Sixth Street Specialty Lending to provide the necessary liquidity to support operations during the Chapter 11 process.

article thumbnail

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.

article thumbnail

How to Configure the Included and Excluded Destination Attributes in Google Product Feed?

Store Growers

Last Updated on April 24, 2023 Sometimes, merchants are not always certain when and how to use each attribute in the product feed, which essentially means they’re not using all the beneficial options to target potential customers. Two of the most important attributes that can quickly improve your overall marketing strategy are the included and excluded destination attributes.

article thumbnail

Party City to close 9 more stores as it preps to go private

RetailDive

The party merchandise retailer said the pandemic “consumed vital liquidity” and contributed to the decision to seek Chapter 11 protection.

Consumer 109
article thumbnail

Ecommerce Back-to-School Shopping: What to Expect 

ROI Revolution

The back-to-school shopping season is one of the busiest times of the year for many brands. Since the COVID-19 pandemic, ecommerce back-to-school shopping has soared to new heights. In this blog, explor e answers to some common ecommerce back-to-school shopping season questions so that you can achieve your goals across the entire funnel and all of your marketing channels.

article thumbnail

Bed Bath & Beyond, finally in Chapter 11, is going out of business

RetailDive

The struggling home goods retailer has been searching for a buyer since last year to no avail, and, after much delay, filed for bankruptcy Sunday.

Retail 104
article thumbnail

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.

article thumbnail

Elastic Path Latest Product Innovations De-Risking Composable Commerce

GetElastic

At Elastic Path, we’re continuously working to de-risk Composable Commerce by developing innovative products and solutions that simplify the lives of merchandisers and minimize the barrier to entry for brands to embrace composability. This past quarter, we have launched some solutions and product updates that are doing just that. I’ll be sharing some of those key product innovations so far.

Books 78
article thumbnail

Navigating the Trends and Challenges of Customer Loyalty Programs in Retail

RETAIL MANAGEMENT SOFTWARE

In today’s fast-paced retail landscape, customer loyalty has become a critical factor in business success. With increased competition and changing consumer behaviors, retailers must stay ahead of the curve by implementing effective customer loyalty programs. However, navigating the ever-changing trends and challenges associated with loyalty programs can be difficult.

article thumbnail

Men’s Wearhouse adds Snap AR lenses for virtual try-ons

RetailDive

The fit technology embedded in the mirror will be introduced at select locations and comes ahead of the prom season.

article thumbnail

Why do you need a 360 Customer View in Merchandising

Dynamic Action

Summary Customer interactions provide valuable insights about the customer. Retailers need a complete view of the customer to optimize margin, inventory, and profitability. Customer 360 aggregates data from various touchpoints to provide a complete view of customers. A 360 customer view helps retailers with personalization, promotion planning, sales, margins, inventory targets, forecasting and planning, and financial performance.

article thumbnail

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.

article thumbnail

?ura partners with Best Buy

RetailDive

The wearable technology company’s smart rings will be available at 850 of the retailer’s stores nationwide and online.

article thumbnail

Why Walmart’s EDLP Strategy is a Game-changer

IntelligenceNode

As inflation continues to impact businesses and consumers alike, the need to keep pricing low has become increasingly important. Walmart is one of the world’s largest retailers, recognized globally for. The post Why Walmart’s EDLP Strategy is a Game-changer appeared first on Blog.

Games 52
article thumbnail

Beyond Yoga continues retail expansion with 2 Los Angeles stores

RetailDive

The activewear brand, which Levi’s acquired in 2021, is leaning on physical retail to help it become a $1 billion company.

Retail 90
article thumbnail

What's Left for Marketers in the AI Age: Up-Skilling for Survival

Digital Doughnut

Adding ‘AI platform management’ to your CV will boost your employability. It will demonstrate your ability to produce more with less, and your commitment to a learning mindset. Here are seven ways you can upskill with AI, to power up your professional portfolio.

article thumbnail

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.

article thumbnail

Most corporate economists do not expect a U.S. recession in the next year

RetailWire

Fifty-four percent of corporate and trade group economists put the odds of a recession hitting the U.S. over the next 12 months at 50 percent off less, according to a survey by the National Association of Business Economics. The NABE poll found that 44 percent thought there was a better-than-even chance of a recession.

Article 52
article thumbnail

Start A Startups Business in Just 8 Simple Steps. How to transform Your Idea into a Successful Startup?

Ecommerce Guru

Starting a startup business can be a daunting task, but it doesn’t have to be.With the right resources and guidance, […] The post Start A Startups Business in Just 8 Simple Steps. How to transform Your Idea into a Successful Startup? appeared first on Ecommerce Guru.

article thumbnail

Shein and Temu face scrutiny as they grow more popular in the U.S

RetailWire

The success of the Shein and Temu shopping apps has led to increased scrutiny concerning the companies’ ties to China, their labor practices and the environmental impact of their business models. Shein issued a statement that it has “been providing customers with on-demand and affordable fashion, beauty, and lifestyle products, lawfully and with full respect for the communities we serve,” for more than a decade.

Fashion 52
article thumbnail

Fast delivery finally extends to oversized items

RetailDive

Savvy senders bypass the limitations of traditional oversized logistics through crowdsourcing.

71
article thumbnail

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.

article thumbnail

Companies set up student debt repayment programs as an employee perk

RetailWire

Companies of all sizes are setting up tax-exempt programs to enable workers to pay down student loans as part of their recruitment and retention strategies.

Article 52
article thumbnail

The art of the possible: Understanding your future with omnichannel fulfillment

RetailDive

How does your omnichannel fulfillment progress compare to other retailers?

article thumbnail

3 Best Practices for Product Return Rate Analysis (2023)

Retalon

Online shopping is growing at an exponential rate. Just last year, an estimated 5.7 trillion U.S. dollars were spent on retail e-commerce worldwide, and this figure is expected to grow in the coming years. The post 3 Best Practices for Product Return Rate Analysis (2023) appeared first on Retalon.

article thumbnail

Delaware is the latest state to legalize weed

RetailWire

Delaware has become the 22nd state to legalize marijuana for recreational use. The bill, which passed both houses of the Delaware legislation, will become law without the signature of Gov. John Carney, who opposed the measure. “I understand there are those who share my views who will be disappointed in my decision not to veto this legislation.

Article 40
article thumbnail

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.