Wed.Feb 02, 2022

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Simplicity Underpins Future Payment Fabric And The Future Of Payments

Forrester eCommerce

The future of payments will see firms shift focus from consumers toward businesses, embedding payment technology (not payments), and programmable payments in a quest to mitigate complexity.

Payments 369
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Salesforce Acquires Atonit to Add a Marketplace Platform to its Ecommerce Portfolio

Retail TouchPoints

Salesforce will acquire Brazilian marketplace solution Atonit , adding marketplace capabilities to its own ecommerce platform. Salesforce will share more details regarding the product roadmap once the acquisition closes, which is expected before April 30, 2022. “Marketplace capabilities are becoming imperative for leading commerce platforms, and customer demand for more purchasing options and greater flexibility is growing,” said Salesforce in a statement.

eCommerce 303
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It’s Groundhog Day Again — The State Of Enterprise Ransomware Defense

Forrester eCommerce

Ransomware — an attack that makes us feel like we’re Bill Murray trapped in a Groundhog Day loop. It’d be a safe bet that if Punxsutawney Phil was tasked with predicting ransomware, he’d see his shadow every Groundhog Day. Buckle up for some wintry, miserable, ransomware weather, because ransomware attacks have been increasing and evolving […].

Customer 365
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Orangetheory Deploys 3D Digital Twins to Ensure Design Integrity of Franchise Locations

Retail TouchPoints

Fitness franchise Orangetheory has teamed up with spatial data company Matterport to scan and create photorealistic 3D digital twins of its U.S. studios in order to ensure design consistency across all 1,250 locations. Digital twin of an Orangetheory location in Fulshear, Texas. Using Matterport Capture Services, the company can virtually assess whether a studio is consistent with brand guidelines and advise on required updates, saving both time and money by reducing the need for travel.

Travel 264
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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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390: The Secret To Growing A YouTube Channel Fast, Naturally With Jake Thomas

My Wife Quit Her Job

Today I’m excited to have Jake Thomas on the show. Jake is the founder of Creator Hooks where he analyzes the secret psychology behind what makes people click and how to come up with engaging content ideas. In this episode, we discuss the elements of a great headline, how you can blow up your YouTube channel, podcast, TikTok, or any content-related site with the power of copy.

Channel 156
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David’s Bridal Targets Younger Shoppers With First Junior Dress and Gown Collection

Retail TouchPoints

David’s Bridal has launched its first-ever exclusive junior collection, Jules & Cleo, as the retailer prepares for large gatherings like proms, graduations and homecomings to make their return in 2022. David’s Bridal aims to use the new product line to diversify its gown and dress options and solidify its position as “the dress destination for all occasions.”.

Marketing 264

More Trending

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Shipt Names Target Operations Exec as its New CEO

Retail TouchPoints

Last-mile delivery company Shipt has named Kamau Witherspoon as its new CEO, effective March 1, 2022. Witherspoon will replace Kelly Caruso, who has led the company since early 2019 and who will remain in an advisory capacity during the transition period. Kamau Witherspoon. Witherspoon has extensive experience in high-growth industries, most recently with Shipt parent company Target as the retailer’s SVP of Operations.

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Uscreen Review (Feb 2022): Your Guide to the Uscreen Video Platform

Ecommerce Platforms

In this Uscreen review, we’ll be taking you on a tour of one of the more popular solutions for video creators looking to create a video on demand business. This all-in-one platform promises a convenient way for business owners to grow their streaming business. You can host, distribute, and even monetize your videos all in the same environment, with your own branding.

Payments 104
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How Community Commerce is Helping Angling App Fishbrain Cast a Wider Net

Retail TouchPoints

Fishing is one of the world’s most popular hobbies, and if you’re a fishing enthusiast (or know one) then you know how passionate practitioners of the sport can be. Fishbrain has harnessed that passion through its vertical social platform, bringing together more than 14 million anglers from around the world through its community-focused app and website.

Hobbies 264
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We’re sorry for your delayed gratification

365 Retail

It seems that whatever we want to buy – from fridges to sofas to cars to phones – there’s one thing that comes free with every purchase. A wait. Sometimes a long, long wait. Current order times for a TESLA Model 3 are ten months. More if you want big wheels (and, sadly, I always do). A fridge can easily be four months. Even a dining table can entail a wait of up to a year.

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From Data to Decisions: Maximizing Retail Potential with 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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The Data Dilemma with Retail Pricing and How to Untangle it

Retail TouchPoints

Making the leap to something new can be daunting. Like running a marathon, some may never take the first step if they find the training involves nearly a year of training, the right type of shoes and a schedule that will allow for big chunks of the week to run and work out. Unlike a marathon, pricing shouldn’t feel as daunting to kickstart, no special running shoes needed or a major time investment.

Retail 246
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Amazon holds 42 percent of the online retail market

RetailWire

Sellers on Amazon.com’s marketplace account for 25 percent of the total U.S. market share of e-commerce spending and 60 percent of the platform’s total sales, according to eMarketer. Amazon’s direct sales represent another 17 percent of the market.

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Demand and Product Analysis: Present Relevant Items at Competitive Prices

Algopix

There is no question catalog integrity is truly the foundation of a successful marketplace, but you know what else is? Having high demand products of prices that will sell. Many marketplaces tell us time and time again that they struggle with the ability to stay apprised of pricing changes, which we know fluctuates by the minute. At the same time, shoppers want the reassurance that they’re getting the hottest items at the most competitive prices.

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Ecommerce Lately February 2022

ecomdash

Amazon cracks down on cancelled shipments, Cart.com acquires another ecommerce company, and Shopify changes its fulfillment capabilities. The post Ecommerce Lately February 2022 appeared first on Ecomdash.

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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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Gartner Predicts 2022: Total Ownership Wins the Day

GetElastic

In the wake of massive disruption to the eCommerce industry begins a new year of challenges and changes. Each year Gartner makes market predictions based on trends and research. We’ve covered two predictions in the series regarding unified commerce and the B2B customer experience , and now a third prediction with core responsibilities and roles within digital commerce org strategy.

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Oak Furnitureland sets out series of new initiatives on sustainability journey

365 Retail

Britain’s biggest hardwood furniture retailer today announces a series of new initiatives and the creation of a new Head of Sustainability role, as it takes further steps to become a more environmentally responsible retailer. A new tree planting partnership with One Tree Planted will see 100,000 trees reforested by the end of 2022 in areas around the world that Oak Furnitureland sources or sells its hardwood products in.

Gifts 82
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The path forward for fashion's sustainable future may be affordability

RetailDive

Sustainability sells, but how can retailers market around the trendy topic when eco-friendly products are often inaccessible to the average consumer?

Fashion 98
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Shoppers see sharpest price rises since 2012 as cost of living crisis bites

365 Retail

Shoppers have been hit by the highest price rises in almost 10 years after shop inflation almost doubled over the past month, new data suggests. According the latest BRC-NielsenIQ shop price index, annual shop price inflation jumped from 0.8% in December, to 1.5% in January, the highest rate since 2012. New data from the British Retail Consortium says food inflation costs are soaring amid the cost of living crisis (Caitlin Doherty/PA).

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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.

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Headless vs. Monolithic eCommerce: A Deep-Dive Comparison

Kibo

eCommerce has come a long way since the humble beginning of virtual shopping which started in the 1960s with the emergence of teleshopping. This year, eMarketer predicts eCommerce revenue will reach $794.50 billion in 2021, up 32.4% year-over-year. As with most new technologies, eCommerce is constantly evolving. The first eCommerce company—CompuServe—launched in 1969.

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How Flexible Retail will help save the High Street

365 Retail

For years retail real estate has been a safe place to invest cash for a long-term, low-risk return. Yet over time more risk has been placed on occupiers, creating a high fixed cost environment that’s hard for businesses to survive in. With such paper-thin margins, retailers have had to achieve scale to be sustainable. The outcome is vanilla high streets with the same retail offer, across all of our high streets and shopping centres.

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Versace plots nearly 100 new stores as young consumers flock to the brand online and off

RetailDive

At Capri, the iconic Italian brand and Jimmy Choo are thriving, while Michael Kors is in rehabilitation mode.

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5 Tips For Providing Better Customer Experience In Retail In 2022

Korona

Keeping customers satisfied with your products and services should be the main focus of any business. Many companies now spend incredible amounts of time and money on improving their customer service and the overall customer experience at their store, whether it be online or brick-and-mortar. But there is a distinct difference between customer service and customer experience.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

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Petco to offer pet boarding, sitting and walking through Rover

RetailDive

The expanded partnership builds on the services Petco already offers, like vet clinics and grooming, and further positions it as a one-stop-shop for owners.

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Amazon workers to decide about unionizing

RetailWire

Workers at an Amazon.com warehouse in Bessemer, AL, will vote for a second time inside of a year to determine if they should be represented by the Retail, Wholesale and Department Store Union. The National Labor Relations Board ordered the vote after finding evidence that Amazon had engaged in acts that violated labor law.

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More than half of UK employees WON’T shop at retailers that treat staff poorly

365 Retail

A new survey conducted across 2,000 working adults by British ecommerce marketplace OnBuy has revealed the impact of unethical business practices on purchasing decisions. The survey, commissioned by OnBuy , revealed that more than half (58%) of respondents won’t shop with retailers that treat staff poorly. Leading this sentiment is the Generation Z (18-24 year olds) with over two-thirds (68%) avoiding such businesses, the highest of any age demographic surveyed.

Retail 52
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Supply chain disruptions to persist through 2022

RetailWire

A shortage of truck drivers, shipping vessels and warehouses all add up to more challenges for companies looking to move goods from one point to another in the supply chain. None of these challenges is expected to get fixed in the short term, which suggests that shortages will remain a fact of life for many companies and the customers they serve.

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Planning the Architecture of Your Modular DXP

Are you considering moving away from a monolith platform and over to composable architecture? Join experts from Google Cloud, GroupBy, and Orium as they discuss the benefits of moving to a modular digital experience platform. In this masterclass, uncover key indicators that show your brand is ready for a modular DXP, and learn how to lay the foundation for composable commerce.

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Google's retail bets pay off during topsy-turvy holidays, ad revenue tops $61B

RetailDive

The tech giant is eyeing more shoppable opportunities in livestreaming, while its TikTok clone YouTube Shorts enters the "super early" testing phase.

Retail 52
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King Soopers workers ratify new three-year labor contract

RetailWire

Workers from nearly 80 King Soopers stores have voted to accept a new three-year deal with the chain negotiated by the United Food and Commercial Workers Union. King Soopers, a division of Kroger, will invest $170 million for wage increases and health benefits as part of the deal.

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Shipt names Target operations executive as CEO

RetailDive

Kamau Witherspoon will take over leadership of the delivery company from Kelly Caruso, another Target vet, who has been at the helm since early 2019.

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4.3 million Americans quit or changed jobs in December

RetailWire

There are currently 10.9 million job openings in the U.S., higher than pre-pandemic levels, according to the Bureau of Labor Statistics. A total of 4.3 million Americans quit or changed jobs in December, down slightly from the record set in November, according to the federal agency.

Article 40
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How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions? Join us to gain a better understanding of the current retail landscape and learn what you can do to translate personalization strategies into practical implementatio