Fri.Sep 16, 2022

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SD-WAN Sunsets And ZTE Emerges

Forrester eCommerce

Software-defined WAN (SD-WAN) has started to ride off into the sunset (which is long overdue). For some time, you might see some vendors wandering around aimlessly, hoping to sell you a SD-WAN solution, but for the most part, the networking market is moving on. It didn’t happen like I predicted. I thought the SD-WAN acronym […].

Marketing 370
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Gen Z, in Their Own Words: What They Really Want from Brands and Retailers

Retail TouchPoints

Gen Z is arguably one of the most in-demand, and yet most elusive, generations of our time. While some brands claim to completely understand what these consumers really want, there are many times when Gen Z shoppers’ thoughts and behaviors don’t quite match up. And at a time when knowing and resonating with your customer is the key to survival, retail brands are hoping to get further context.

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Show Me (How Emerging Technologies Will Enable) The Future Of Consumer Digital Experiences

Forrester eCommerce

Learn which four emerging technologies could help your brand create truly differentiating consumer experiences.

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GameStop Continues Push into Web3 with NFT-Based Loyalty Perks

Retail TouchPoints

GameStop has announced a new perk for its loyalty members in the Web3-based competitive trading card game “ Gods Unchained ” as the retailer continues to look for new ways to revitalize its business. The exclusive program will give GameStop PowerUp Rewards Pro members a unique code that they can redeem for “Gods Unchained” expansion packs. Each pack will consist of a set of collectible NFT trading cards that Pros can trade, sell or use in the game.

Games 289
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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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New Global Consumer Report Analyzes Latest Online Shopping Trends

BigCommerce

Without a doubt, ecommerce is experiencing massive growth.

Consumer 353
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Five Ways Ecommerce Retailers Can Sleep Well and Sell More This Black Friday

Retail TouchPoints

Huge crowds, long lines and crazy stampedes are things of Black Fridays past. Nowadays, more and more shoppers are flocking to ecommerce sites for the best deals. In fact, global ecommerce sales are expected to top $5.5 trillion in 2022 and represent 21% of all retail sales. That means the 2022 Black Friday will be even more hectic for online retailers around the globe.

eCommerce 264

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Rogers & Hollands Boosts Customer Service With Mobile POS System

Retail TouchPoints

Rogers & Hollands , an omnichannel jewelry retailer, recently implemented Oracle Retail Xstore Point-of-Service throughout its more than 70 stores. The retailer has utilized the mobile system to improve service efficiency and give its associates access to each customer’s transaction history, wish lists and preferences so that they can provide more personalized shopper interactions.

POS 263
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VMware Bets Its Future On Multicloud—But the Odds Are Long

Forrester eCommerce

Will enterprises pay big money for both public cloud IaaS and VMware cloud infrastructure services just to get past hyperscaler lock-in? That’s VMware’s wager in a multicloud and hybrid world, and the company’s flagship user event touted a series of services and offerings to convince customers to take VMware with them as they move from […].

Events 195
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AdAdapted Helps Retailers Target Shoppable Mobile Ads to Likely Customers

Retail TouchPoints

Shopping list marketing and insights platform AdAdapted has launched Shoppable Video Ads. The offering can help retailers and brands seamlessly tell their brand story while increasing conversions and gathering customer insight through mobile browser, mid-article or stand-alone video. These ads can enable brands to build ecommerce campaigns on AdAdapted’s Shopping List Marketing mobile ad platform.

Mobile 263
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BIGTeam Spotlight: From Film to Ecommerce, How Pablo Gallaga Lives for Exceptional Storytelling

BigCommerce

Happy National Hispanic Heritage Month!

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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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Reuters: Mexican Retailer Liverpool Takes 9.9% Stake In Nordstrom to Diversify Geographic Assets

Retail TouchPoints

Mexican luxury department store Liverp o ol has reportedly taken a 9.9% passive stake in Nordstrom in a deal valued at $293.8 million , according to Reuters. Liverpool said in a statement that “this operation represents an attractive opportunity to diversify assets geographically.”. The deal makes Liverpool one of Nordstrom’s largest stakeholders. Founder Bruce Nordstrom held a 15.9% stakes as of December 2021, while his sister Anne Gittinger controlled 9.7% of shares, according to data from Ref

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EY’s Coming Split Signals The Great Unbundling: What It Means For Enterprise Technology Leaders

Forrester eCommerce

(Liz Herbert and I worked on this post together.) The history is ancient, but still relevant. Arthur Andersen shut down in scandal (most famously associated with Enron fraud) and birthed Accenture, now at more than $50 billion in revenue and 700,000 employees strong. The other Big Four came under investigation, too, with multiple accusations emerging […].

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IKEA U.S. Introduces New Loyalty Benefits Through IKEA Family

Retail TouchPoints

As part of its initiative to provide greater loyalty rewards, IKEA U.S. has bolstered the IKEA Family program by offering: 5% off eligible in-store purchases; Special product offerings; and Reduced fees on select online delivery options. These benefits are being offered on top of existing rewards such as special product offers, exclusive access to events and workshops, and a complimentary coffee or tea at the IKEA restaurant.

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How E-commerce Businesses Can Have a Great Festive Season in 2022

lateshipment

For shoppers, the festive season comprises the much-needed break they deserve from their daily lives to spend quality time meeting friends, family, and colleagues; traveling; buying gifts for their loved ones; etc. However, for e-commerce retail businesses the next 3 months (From Halloween to New Year) are pretty hectic, as they have to come up with new initiatives to sell more products, delight all customers, and most importantly have a season to remember.

eCommerce 130
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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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California Suit Accuses Amazon of Anticompetitive Price Blocking

Retail TouchPoints

This story has been updated to include comment from Amazon. In a complaint filed Sept. 14, 2022, California Attorney General Rob Bonta alleged that Amazon engaged in anticompetitive price blocking practices that increased product pricing for California customers. The lawsuit, which was filed through the San Francisco Superior Court, alleges violations of California’s Unfair Competition Law and Cartwright Act, which prohibits trusts that restrict commerce or trade.

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Why We Created a Slack Community for SaaS and Software Professionals

FastSpring

In our first post about our online community , we mentioned launching the Global SaaS Leaders Slack group because we saw a need for the kind of software-and-SaaS-focused community we’d want to be a part of. That includes: A global focus. More established professionals and businesses (less students and early-stage startups). Professional moderation. Less focus on venture capital or funding rounds.

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When 62% of Shoppers Expect Their Cost of Living to Increase, Retailers Must Focus on Value and Experiences

Retail TouchPoints

Inflation fears are lingering as retailers approach the holiday season, with 79% of consumers saying their finances are a concern and 62% expecting their living costs to increase even further in the next six months, according to EY ‘s Future Consumer Index. EY Global Consumer Leader Kristina Rogers believes that shoppers remain positive about the future despite low sentiment levels, but the end of pent-up demand from COVID-19 means “they may be less willing to accept further prices rises,

Fashion 217
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Pricing Strategies to Combat Stagflation

FastSpring

It’s hard enough to guide a company through a period of heavy inflation or during a recession. But it becomes much more difficult when they’re occurring at the same time. This is stagflation — and economists are predicting a period of stagflation to last into 2024. You may already be thinking about ways to reduce your expenses and shift your overall growth strategy.

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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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Snoop Dogg Sends Funko to ‘Tha Dogg House’

Retail TouchPoints

Collectibles brand Funko and entertainment icon Snoop Dogg are teaming up for a new product line that will be showcased in a co-branded store set to open in Inglewood, Calif. early next year. “Snoop Dogg is an entertainment powerhouse and remains one of the most innovative and versatile figures in the entertainment industry,” said Andrew Perlmutter, CEO of Funko in a statement.

Clothing 200
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Barneys New York emerges with a beauty line

RetailDive

Parent Authentic Brands Group announced a deal with Korean-based lifestyle company Gloent Group to develop, manufacture and distribute products.

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Mexican department store buys a nearly 10 percent stake in Nordstrom

RetailWire

Liverpool, the high-end department store chain, has acquired a 9.9 percent stake in Nordstrom. The Mexican company reported double-digit sales growth in the second quarter, which it attributed to its inventory management expertise, solid merchandising and higher prices. Liverpool said it took the stake in Nordstrom because it saw the retailer as “an attractive opportunity to diversify assets geographically.

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Amazon sued by California on allegations it blocks price competition

RetailDive

The state’s attorney general alleges that the e-commerce giant keeps sellers and wholesalers from offering lower prices outside its site.

eCommerce 116
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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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15 Latino and Latina-Owned Businesses to Support during Hispanic Heritage Month

Smile.io

When it comes to spending and having economic buying power, Latinos are rapidly becoming a key component in growing brands and increasing customer loyalty. It’s estimated that the buying power of Latinos grew by 87% from 2010 to 2020, to more than $1.9 trillion. While the number of Latino-owned businesses has grown to 34% in the last 10 years alone, compared with a 1% growth for all other small businesses.

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Ye moves to sever his relationship with Gap

RetailDive

The designer “had no choice” because the brand failed to comply with unspecified “contractual obligations,” his attorney said.

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Customer Profitability Analysis – benefits, guide, and ideas for improvement.

Omniconvert

Read this step-by-step guide, complete with Customer Profitability formula, benefits, and the mindset you need to improve it. The post Customer Profitability Analysis – benefits, guide, and ideas for improvement. appeared first on Omniconvert Ecommerce Growth Blog.

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Amazon expands email marketing tools for brands seeking new customers

RetailDive

Brands can email message directly to shoppers who don’t follow them by using the free Tailored Audiences tool, which is currently in beta.

Customer 109
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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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How EP PXM Product Import Simplifies Product Catalog Management

GetElastic

In today’s competitive market, many commerce brands are faced with the challenge of delivering omnichannel customer experiences , outshining the competition, and maintaining customer loyalty. If you’re still using a traditional eCommerce catalog management tool, which forces manual catalog uploads or struggling to make bulk changes to product attributes, there are other methods that allow you to handle these tasks with ease.

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Shrink costs retailers over $94B in 2021: NRF

RetailDive

In response to shrinkage concerns, retailers expect to spend more on loss prevention and technology, a new NRF survey found.

Retail 119
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Funding for Ecommerce Businesses: 10 Top Resources

eCommerce CEO

These are pretty exciting times for ecommerce. People are buying through online shopping more than ever. 22% of retail sales are estimated to come from. Read more.

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Gap concedes its Yeezy partnership is over

RetailDive

The untimely breakup with Ye, also known as Kanye West, may be the brand’s most high-profile — but it’s not its first.

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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