Mon.Mar 27, 2023

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Machine Learning in Ecommerce: Benefits and Examples

Ecommerce Platforms

Now that ChatGPT has been tried by almost every person in the ecommerce business, machine learning is becoming more and more normalized. It’s also a lot more accessible to small and medium business owners. Want to understand what machine learning is and how it can be used to benefit your business? Here’s a quick breakdown. What is Machine Learning? Machine learning is a branch of applied computer science that deals with training artificial intelligence to conduct certain operations without needi

eCommerce 104
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Instacart Health Launches Tools to Scale ‘Food as Medicine’ Programs

Retail TouchPoints

Healthcare providers can now leverage a suite of digital tools from Instacart that are designed to enhance collaborative care, promote healthy choices and deliver nutritious food to patients and their families, particularly those living in food deserts or needing a medically restricted diet. “We know that access to nutritious foods can deliver healthier outcomes, but a number of challenges have prevented healthcare providers from effectively adopting food as medicine programs at scale,” said Sar

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450: Insider Tips On Finding The Best Factories And The Lowest Prices For Your Products With Kian Golzari

My Wife Quit Her Job

Today, I’m thrilled to have my friend Kian Golzari on the show. Kian is one of the world’s leading sourcing experts who has visited over 500 factories and sourced over 2500 products for the NBA, The Olympics, and other famous organizations. Today, Kian is going to reveal some insider tips on how to find the best factories and get the lowest prices possible for your products.

Books 236
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Kendra Scott on Putting Philanthropy First — and How She Will Continue to Empower Women

Retail TouchPoints

Kendra Scott has had philanthropy as part of its corporate DNA since the company launched in 2002, powered by the commitment to making the world a better place of Founder, Designer, and Executive Chairwoman Kendra Scott herself. Scott and her company are continuing to build on their efforts to this day, most recently with the launch of the Kendra Scott Foundation on March 8 — International Women’s Day. “ I have always strived to use my talents to improve the lives of others, especially women who

Jewelry 279
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Optimizing Frontend Delivery in Composable Commerce: The Buy vs Build Decision

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TIER: How The Labor Market’s “Double Disruption” Impacts Your Talent Strategy

Forrester eCommerce

The Federal Reserve announced on Wednesday that it is hiking interest rates by 25 basis points to a range of 4.75% to 5%. This decision has made headlines because many had hoped for a pause on the Federal Reserve’s continuous interest rate hikes due to the banking system’s volatility.

Banking 195
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David’s Bridal Partners with Furniture Retailer Ashley for One-Night-Only Trunk Show

Retail TouchPoints

David’s Bridal will be showing off its Spring 2023 collection with in-store trunk shows on Friday, March 31, offering $100 Ashley gift cards to the first 25 people in each store following the 6 p.m. event start time. In-store shoppers also will be eligible for 10% discounts during the shows, which will last until each store’s closing time. Entertainment marketing company FlyteVu is organizing the events.

Retail 261

More Trending

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Half Price Books Implements New Solution to Tie Digital Ads to Store Traffic

Retail TouchPoints

Half Price Books has partnered with Reveal Mobile to utilize its geofencing and digital campaign measurement platform to optimize its marketing efforts. The retailer will tap into Reveal’s Visit Local solution to measure incrementality from paid social and programmatic campaigns, create and activate custom audiences based on places consumers shop and understand store-level analytics such as visitor volume, frequency and competitive analysis. “Visit Local will provide Half Price Books with

Books 249
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The US Government Is Here And Really Wants To Help Protect You From Ransomware

Forrester eCommerce

Ransomware Vulnerability Warnings Are Coming To A Critical Infrastructure Near You The US Cybersecurity and Infrastructure Security Agency (CISA) launched the Ransomware Vulnerability Warning Pilot (RVWP) in January 2023 in response to ongoing concerns about the threat of ransomware. This is the CISA’s ransomware-centric take on external attack surface management for critical infrastructure.

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The RealReal Moves Away from Beauty, Shifts Focus to Luxury Consignment

Retail TouchPoints

Editor’s Note: This story was updated on March 27, 2023 to include comments from The RealReal. As it continues its laser focus on profitability, luxury resale platform The RealReal is “deemphasizing” the direct sales side of its business to focus on its more profitable consignment operation. The first casualty of this shift in strategy will be the beauty category, which the platform plans to sunset after selling through existing inventory, a spokesperson shared with Retail TouchPoints. 

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Prioritize Digital Initiatives With Forrester’s New Tool

Forrester eCommerce

Digital strategy is a continual process of developing and refining a company’s approach to a fast-shifting landscape, one that requires decisions about what to do and what to avoid. As noted corporate strategy expert Roger L. Martin put it, “Strategy is what you choose to do and not do in service of a particular goal.

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Innovation Fest: Summer of AI

Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.

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Embedded Finance: Making Payments Possible in New Frontiers

Retail TouchPoints

If we thought the pandemic-driven shift to digital payments was an evolution, we’re about to be catapulted into a new world, where payments will become possible in places thought impossible just a few years ago. In fact, embedded finance will be a $777 billion opportunity by 2029. So how can businesses get a piece of it? Put simply, it’s a way for financial and non-financial businesses alike to integrate payments services like credit or prepaid cards, lending, savings and other financial product

Payments 245
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Meet The New EMEA Security And Risk Analyst

Forrester eCommerce

Tell Us About Yourself! After finishing my master’s degree in commercial sciences, I started in the graduate program of the biggest Dutch telecommunication provider of the Netherlands. I have worked in several roles, from the wholesale department to innovation, new business, transformation, and cybersecurity, mostly as a strategic advisor for executive leadership positions.

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Reuters: Bed Bath & Beyond to Lay Off Another 1,300 Employees

Retail TouchPoints

Bed Bath & Beyond will reportedly lay off approximately 1,300 more employees at four locations in New Jersey, according to a Worker Adjustment and Retraining Notification (WARN) notice seen by Reuters. The layoffs will occur before a change to the state’s labor laws that would mandate companies with 100 or more employees to notify authorities 90 days in advance of plant closings or mass layoffs, rather than the current 60 days.

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Selecting An Open Banking Intermediary — Our Latest Forrester Wave™ Evaluation

Forrester eCommerce

Read on for a look at Forrester’s evaluation of the 13 most significant open banking intermediaries: The Forrester Wave™: Open Banking Intermediaries, Q1 2023.

Banking 195
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Composable Commerce Reference Architecture 2024 Edition

Achieve more with your commerce with the help of Orium’s Composable Commerce Reference Architecture 2024 Edition. Presented in partnership with commercetools, Contentstack, and Google Cloud, this edition is packed with new insights and practical examples to help you navigate changes in digital commerce and construct an adaptable tech stack optimized for efficiency and scalability.

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Levi’s Will Test AI-Generated Models to Boost Inclusivity and Personalization

Retail TouchPoints

Levis Strauss & Co. (LS&Co.) is partnering with digital fashion studio Lalaland.ai to test AI-generated models to supplement human models, beginning later this year. Founded in Amsterdam in 2019, Lalaland.ai uses advanced AI to create hyper-realistic models of every body type, age, size and skin tone. In a blog post announcing the partnership, LS&Co. said “We know our customers want to shop with models who look like them, and we believe our models should reflect our consumers, which

Fashion 222
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fabric Product Update Q1 2023

Fabric

Shopify & BigCommerce Integrations, Inventory Networks and more Commerce Platform | Marketplace | Order Management (OMS) fabric Marketplace Shopify integration enhancements fabric Marketplace has a pre-built out-of-the-box integration with Shopify, nearly eliminating your integration time and costs. This means you can get immediate ROI on your fabric Marketplace investment.

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Buy Now, Pay Later: What Is It & How Does It Work

Wiser

Picture this: a shopper is doing some browsing online and adds something a little pricey to their cart. It’s an item that they’d really like to have, but it’s not quite a necessity. They get this close to completing their purchase, but there’s something stopping them—it’s just too big of an expense right now. This back and forth continues until maybe eventually they buy it, or maybe it ends with every online retailer’s biggest fear— they abandon their cart.

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Cognota’s Ryan Austin on Creating an Entire Category (LearnOps)

FastSpring

Ryan Austin had VP-level experience in training when he decided to start a consulting business to help enterprise-level companies with their corporate learning and development initiatives. Ryan and his team noticed so many inefficiencies across the L&D workflows. “It got us thinking: Why is there no purpose-built operating system for corporate learning and development teams, when their jobs are so strategic to the business, and they’re managing massive budgets, but they can’t track th

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How To Craft Your Perfect Retail Tech Stack

Speaker: Jason Cottrell and Brian Walker

The era of all-in-one platforms is over. Now, retail success depends on integrating a blend of diverse technologies to thrive. As customers and stakeholders expect agility and innovation, how can you meet these expectations efficiently without stumbling into complexity? Explore a customer-centric approach to navigating digital transformation in retail.

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Envy Shopify Theme Review for 2023

Ecommerce Platforms

In today’s Shopify Envy theme review, we’re taking a closer look at a popular premium theme for Shopify store owners. While there are a handful of free themes available on Shopify for beginners with a limited budget, opting for a premium alternative can be an excellent way to expand your store’s functionality, and improve its visual presence. Just like a theme for your WordPress site, the best Shopify theme will allow you to create a stunning storefront in no time, with minimal effort.

Shopify 104
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Bed Bath & Beyond plans another 1,300 layoffs

RetailDive

The layoffs affect workers in the company’s New Jersey operations, including at its Harmon beauty unit, according to information filed with the state.

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Shopify Site Speed Optimization for 2023 (Actionable Insights)

Ecommerce Platforms

In today's fast-paced digital world, users expect sites to load quickly and efficiently. Slow website speed can lead to frustrated customers, decreased sales, and lower search engine rankings In this article, we will explore the importance of page speed for your Shopify store, the factors that affect website speed, and tips and techniques for optimizing the speed to provide a better user experience and improve your store's performance.

Shopify 104
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‘It’s done, it’s over’: Eddie Lampert’s Sears case won’t go to Supreme Court

RetailDive

Three courts had already rejected an attempt from Lampert and other lenders to wring millions more from what’s left of the former retail giant.

Other 124
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The Pragmatic Guide to Composability

Be empowered to master the digital landscape and implement modular and adaptable composable technologies. Authored by Orium, The Pragmatic Guide to Composability takes readers on a journey from composable’s beginnings to common misconceptions about the approach, then concludes with strategies for choosing implementations that result in quick wins to grow your ROI.

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How MPNs Help Solve Product Identifier Issues in Your Feed

Store Growers

Last Updated on March 28, 2023 In online commerce, products have references consisting of a series of numbers (or other types of code) known as unique product identifiers or (UPIs). There are a number of these UPIs out there, and sometimes it’s hard to navigate the use of all the different acronyms for product identifiers, like GTIN, MPN, UPC, EAN, ISBN and others.

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Target to close 4 small-format stores this spring

RetailDive

The retailer said small-format locations remain a key part of growth and will make up half of approximately 20 new stores opening in 2023.

Retail 127
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10 effective pet care email examples [inspiration + tips]

Omnisend

Reading Time: 14 minutes Looking to craft pet care emails that are so compelling your subscribers can’t resist opening them? If you’re in pet care, you probably know how fiercely competitive the industry is. With thousands of emails vying for attention, how can you create irresistible emails that help your brand stand out and get your customers to engage with your brand?

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Prestige is ‘growth engine’ for beauty industry: report

RetailDive

Shoppers aren’t cutting back on their beauty spending and are turning to prestige products for an emotional lift, according to Circana.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, 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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Mastering Amazon Inventory Management: Best Practices for Success

Algopix

Managing inventory on Amazon is crucial for any seller looking to achieve long-term success. In this article, we will provide you with comprehensive and detailed information on how to manage your Amazon inventory effectively. Understanding Inventory Management on Amazon Amazon inventory management refers to the process of tracking and maintaining your inventory levels on the Amazon platform.

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Scotch & Soda acquired by Bluestar Alliance

RetailDive

The fashion lifestyle brand filed for bankruptcy in the Netherlands last week, and now joins a portfolio that includes Justice and Brookstone.

Fashion 110
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Print on Demand Earnings Calculator

Ecommerce Platforms

The post Print on Demand Earnings Calculator appeared first on Ecommerce Platforms.

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Buy now, pay later explodes in grocery

RetailDive

The percentage of online transactions involving groceries where shoppers opted to delay payment grew 40% during the first two months of 2023, according to data from Adobe.

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From Concept to Deployment: Building Commerce Storefronts with Composable UI