Thu.Jan 19, 2023

article thumbnail

Sephora to Launch PROVEN Personalized Skincare Program Online and In-Store

Retail TouchPoints

Sephora will offer its customers skincare personalization technology and solutions, both in-store and online, through a partnership with PROVEN. Shoppers can visit sephora.provenskincare.com and take a three-minute Skin Genome Quiz to formulate their personalized skincare and discover specialized products based on their needs. The answers to the quiz are fed into PROVEN’s algorithm, which analyzes millions of factors to select the best ingredients for each shopper’s skin.

article thumbnail

Global Tech Spend Will Slow To 4.7% In 2023

Forrester eCommerce

Forrester is forecasting that global tech spend will grow 4.7% in 2023 to reach $4.4 trillion — 100 basis points lower than Forrester’s previous forecast, which we published in February.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Starbucks and DoorDash Plan to Take Delivery Partnership Nationwide by March

Retail TouchPoints

Starbucks and DoorDash have expanded their delivery partnership to Northern California, Texas, Georgia, Florida and other select markets, with plans for availability in all 50 states by March 2023. The program has received positive feedback following pilots in Atlanta, Houston and Sacramento, Calif. as well as market expansions in Seattle, Portland and New York City in 2022.

Customer 304
article thumbnail

Understand The Enterprise Fraud Management Vendor Landscape In APAC

Forrester eCommerce

As new types of digital commerce and novel payment methods have proliferated and digital finance has become the norm in APAC, transaction fraud has become significantly more frequent and sophisticated. The COVID-19 pandemic has further increased this risk as fraudsters take advantage of a rich variety of digital channels.

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

Capitalizing on Livestreaming’s Growth Potential: Expert Advice for Newbies

Retail TouchPoints

Livestreaming, also known as live commerce, is still emerging in Western markets, particularly when compared to the booming Chinese livestreaming market. But Coresight Research indicates that growth is imminent in the U.S. The firm predicts that the livestreaming ecommerce market for the country will total $32 billion by the end of 2023, nearly triple its 2021 size.

article thumbnail

Four Manufacturers Drive Operational Excellence With Low-Code Platforms

Forrester eCommerce

Manufacturers in China use low-code development platforms to support their digital initiatives. Many adopt low-code platforms to build form-based web apps for broad use cases, but that’s just the beginning. Advanced companies support more sophisticated data-centric applications with improved data management and integration capabilities.

More Trending

article thumbnail

Gross Merchandise Value – the ultimate measure of your sales volume

Omniconvert

In this blog post, we're breaking down what GMV is, how to calculate it, and, most importantly, how to use it to make your business more profitable. The post Gross Merchandise Value – the ultimate measure of your sales volume appeared first on Omniconvert Ecommerce Growth Blog.

Blog 147
article thumbnail

CNBC: Bed Bath & Beyond Looks For Loan or Potential Sale to Keep Afloat

Retail TouchPoints

Bed Bath & Beyond is reportedly in discussions with both prospective buyers and lenders as it seeks to keep itself operational during a potential bankruptcy filing that could happen within weeks, people familiar with the matter told CNBC. The retailer is seeking a buyer that would keep both its flagship banner and buybuy BABY open as well as a lender to provide the necessary liquidity to keep the company going during the Chapter 11 process.

article thumbnail

How To Build an Ecommerce Marketing Strategy | Salsify

Salsify

Marketing campaigns have been around in some form or another since at least the age of antiquity ( starting with fish sauce in 35 B.C. ).

article thumbnail

HubSpot Payment Methods: A Perfect Guide to Choose HubSpot Payments Alternative

MakeWebBetter

What would be the ideal features of an exemplary payments tool to accept payments? Which payment gateways and online payment methods must it support? Does payment data automation have a role here? In this read, we answer the above and are going to explore the best alternatives to HubSpot payment methods. Besides this, we will [.] The post HubSpot Payment Methods: A Perfect Guide to Choose HubSpot Payments Alternative appeared first on MakeWebBetter.

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

How NitroPack Grew by 628% With FastSpring

FastSpring

NitroPack , a website performance optimization platform, has become one of the fastest-growing startups in CEE. Since it joined FastSpring in early 2020, the company has increased its revenue by 628% and is still growing fast. When NitroPack was first getting started, they used PayPal to accept and process payments. “It was out of the box for us, and we didn’t want to spend time integrating anything,” Nitropack cofounder Georgi Petrov explained.

article thumbnail

Digital Marketing Trends for 2023: What’s New?

Digital Doughnut

Marketing has evolved at a rapid pace over the past 12 months. More attention has been paid to giving customers a great experience across many channels. Meanwhile, we’ve also recently noticed a clear shift toward digitalization and more automated ways for brands and customers to interact. In the list below, we discuss our 7 Digital Marketing Trends for 2023!

Marketing 124
article thumbnail

Data Mesh: The Key to Unlocking a Scalable and Resilient Data Future

Canonicalized

In today’s digital landscape, businesses are constantly looking for ways to organize and manage data in large, complex systems. One solution that is becoming increasingly popular is Data Mesh. It’s a way to organize and manage data in a way that is scalable, resilient, and easy to understand. In this blog post, we will provide a […] The post Data Mesh: The Key to Unlocking a Scalable and Resilient Data Future appeared first on Canonicalized.

Blog 91
article thumbnail

Resale dominates National Retail Federation’s ‘Big Show’

RetailDive

Secondhand goods present retailers with a lucrative sales opportunity at an uncertain time for the industry, according to several presenters.

Retail 113
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

The Key Consumer Trends Marketers Need To Know in 2023

Sailthru

It has never been more difficult, nor more important to stay one step ahead of evolving consumer habits. As we finally emerge from the global pandemic, in which digital transformations ensued in weeks rather than years, we appear to be on the precipice of a global recession. There’s little doubt that marketers have another challenging year ahead as they try to grow revenue and build lasting relationships with their customers set against constricted consumer spending.

article thumbnail

Shein to add 1,000 more designers to its incubator program in 2023

RetailDive

The fast-fashion retailer has brought in nearly 3,000 participants to its Shein X initiative, which helps fund them through the apparel creation process.

Apparel 101
article thumbnail

2023 E-Commerce Series: Drive Excellent Digital Shelf Execution (Part 3)

ChannelAdvisor

This is the final installment in a three-part blog series on the 3 Global E-Commerce Tactics to Address for Success in 2023. Check out the first installment on adapting to changing consumer behavior and the second on increasing product visibility and shoppability to learn more. The market has long been bracing for a potential recession in 2023. Consumers have felt the pull too , preparing for harder times by shying away from large purchases and opting for the necessities instead.

article thumbnail

L’Oréal’s VC fund makes first metaverse investment with Digital Village

RetailDive

The beauty company is following the digital trend with a minority investment through its venture capital fund.

117
117
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

Prepare Your Business with the 2023 Retail Calendar for a More Profitable Year

Prisync

From international holidays to awareness days there are various themes in a year. Whether you.

Retail 77
article thumbnail

Google Cloud rolls out AI-driven inventory tech

RetailDive

The system uses machine learning to automatically identify items on store shelves using images taken from multiple angles.

100
100
article thumbnail

Shrink rates remain steady as a percentage of sales

RetailWire

The average shrink rate as a percentage of retail sales was 1.4 percent in 2021, down from 1.6 percent in 2020, based on National Retail Federation figures. Retailers have pointed to a rise in organized retail crime as a prime driver of shrinkage in the U.S.

Retail 52
article thumbnail

Pinterest’s chief shopping officer moves to adviser role

RetailDive

Julie Bornstein joined the company through its acquisition of her AI shopping platform The Yes in June.

98
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

Online sales bucked negative trend during holiday season

RetailWire

Retail sales fell 1.1 in December and one percent in November, but online sales were up, according to a variety of sources. Jim Monkmeyer, president of transportation for DHL Supply Chain, North America, said, “E-commerce is continuing to boom.” Mr. Monkmeyer pointed to food and high-end consumer products and spirits among fast-growing categories online.

article thumbnail

Web3 fashion startup Syky raises $9.5M

RetailDive

The company aims to entice shoppers with incentives tied to its non-fungible token.

Fashion 107
article thumbnail

Amazon ending AmazonSmile charity program

RetailWire

Amazon.com has informed customers that it will end its AmazonSmile charity program through which the company donates a percentage of sales on eligible products to organizations selected by customers. “After almost a decade, the program has not grown to create the impact that we had originally hoped,” the company said in a statement. “With so many eligible organizations — more than 1 million globally — our ability to have an impact was often spread too thin.

article thumbnail

Farfetch’s chief brand and growth officers exit

RetailDive

At the same time, the company made several leadership appointments, including a president of Americas and a new CEO of its Browns business.

85
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.

article thumbnail

3 Ways to Make the Most of Your Medical Services Email Advertising

Digital Doughnut

Clinical practices are rapidly understanding the force of email showcasing. An expected 320 billion messages were sent and received overall, consistently in 2021! With over 4.1 billion email clients around the world, email is without a doubt one of the best channels for showcasing to patients.

Channel 52
article thumbnail

Judge grants Party City immediate access to $75M bankruptcy loan

RetailDive

The remainder of a $150 million debtor-in-possession loan will not be released until February.

96
article thumbnail

P&G raised prices and saw volumes drop

RetailWire

Procter & Gamble reported a six percent decline in volume and a one percent drop in net sales in the last quarter after instituting price hikes of 10 percent on average on such brands as Gillette and Pampers.

Article 40
article thumbnail

Sephora adds Nutrafol, Proven to its lineup

RetailDive

The beauty retailer is continuing to seek out popular DTC brands to sell online and in stores.

Retail 90
article thumbnail

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