Mon.Feb 06, 2023

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Digital Transformation: The Not-So-Secret Sauce To Getting The Basics Right

Forrester eCommerce

Digital transformations are notoriously hard. In Forrester's Business And Technology Services Survey, 2022, nearly all services decision-makers have or anticipate challenges in executing their digital transformation.

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443: The Single Most Impactful Thing I Did To Grow My Businesses With Steve Chou

My Wife Quit Her Job

In this episode, I share with you the one, single most impactful thing that I did that allowed my online store to hit seven figures, my blog to grow to over a million dollars per year, and my YouTube channel to make over $300,000 per year.

Books 234
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Understand Today’s AR Invoice Automation Landscape

Forrester eCommerce

Accounts receivable (AR), including invoice issuing and payment processing, is one of the core processes in a company’s financial operations. The rising adoption of e-invoices has spurred more firms to acquire AR automation software to support customer demand and respond to digital transformation.

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The Ultimate Maven Review (2023): Easy Course Creation

Ecommerce Platforms

In today’s Maven review, we’re looking at an emerging digital platform, designed to empower course developers and educators branching into the creator economy. In the last couple of years, online learning has become an increasingly popular tool for businesses, individuals, and entrepreneurs alike.

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Retail Reimagined: What It Means To Be An Innovative Retailer

Speaker: DeAnna McIntosh, Retail Growth Strategist

Join DeAnna McIntosh, Retail Growth Strategist, for this idea-sparking session on how to multiply and diversify your revenue (and impact) with zero ad spend, how to create disruption in your industry, and how to reimagine and innovate the retail business model.

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Three questions to ask when navigating the new B2B event management technology landscape

Forrester eCommerce

B2B events have undergone the most profound change imaginable over the past three years. Marketers now need to manage a much more complex event landscape, planning and executing a range of events across in-person, virtual and hybrid formats.

B2B 195
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Trader Joe’s Challenges Union Vote at Louisville Store

Retail TouchPoints

Trader Joe’s is challenging the formation of a union at a Louisville, Ky. store, according to documents filed with the National Labor Relations Board (NLRB).

Document 103

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Amazon Temporarily Halts Brick-and-Mortar Grocery Expansion Amid Overall Sales Growth

Retail TouchPoints

Amazon has paused expansion of its Amazon Fresh supermarkets and Amazon Go checkout-free convenience stores, CEO Andy Jassy told investors on an earnings call.

Retail 101
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5 Examples of Digital Transformation in Ecommerce | Salsify

Salsify

Ecommerce digital transformation is essential for brands — not optional. Shoppers have almost endless options on the digital shelf, and brands that aren’t equipped to keep up with the continually shifting buying journey will fall behind. Digital Transformation

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New Research: Retailers Plan to ‘Invest Their Way’ Through Impending Recession

Retail TouchPoints

So far, 2023’s business outlook has been marked by uncertainty: Will a recession hit, and if so, how severe will it be? What will the Fed’s next move be? How will consumers and markets respond?

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American Dream misses another $8.8M loan payment

RetailDive

The experience-rich mega-mall in New Jersey, which lost some $60 million in 2021, also struggled to meet financial obligations last year

Retail 110
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The ABM Benchmark Survey

ABM gets better with age — but unfortunately, marketers don't have the luxury of pouring it into an oak barrel for a couple decades to let it mature. It’s clear there’s a maturity gap in ABM strategies, so how can marketers start closing it?

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JCPenney Names New Transformation and Strategy Officer

Retail TouchPoints

JCPenney has appointed Keith Melker as its new Chief Strategy and Transformation Officer. Key areas of focus will include driving profitable consumer traffic, enhancing inventory management, further advancing digital growth and evolving the value delivery model.

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The top retail trends for 2023

RetailDive

Discover the top trends in the retail industry for 2023

Retail 110
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Inventory management for efficiency and experience

iVend

‘Out of stock’ – a phrase that no retailer wants to utter, and no consumer wants to hear. Not being able to buy what they want frustrates consumers, who are demanding that retailers are ‘never out of stock *.

Vend 76
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‘The music has stopped’: A look at venture capital in retail

RetailDive

VC funding in retail declined in 2022, and a slew of layoffs in 2023 paints a bleak picture. But it could just signal a return to normal

Retail 109
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Marketing-Led COVID-19 Growth Strategies: 2022 and Beyond

More than two years in, COVID-19 is far from over. Businesses are tasked with beating pre-COVID numbers, making marketing crucial. This is your time to create brand awareness, bring in the best leads, and play a vital role in new and existing profit.

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A Guide to Omnichannel Retailing and its Latest Trends in 2023

Digital Doughnut

Omnichannel retailing refers to the practice of providing customers with a seamless shopping experience across multiple channels, such as brick-and-mortar stores, online marketplaces, social media platforms, and mobile apps.

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The Children’s Place cuts Q4 outlook, expects up to $54M net sales loss

RetailDive

The company cited macroeconomic factors, including the recession and supply chain issues, for its negative outlook

Supplies 101
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Kate Spade Launches Resale Program to Mark 30th Anniversary

Retail TouchPoints

kate spade new york has partnered with ThredUP to launch the “Pre-Loved” resale program as part of its 30th anniversary push and amid broader initiatives to encourage customers to embrace more circular shopping habits.

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3 ways retails organizations can advance their DEI strategy

RetailDive

Advancing diversity is key for companies that want to succeed but many have a long way to go. Seramount shares three things that retail organizations can do when developing a DEI strategy

Retail 98
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7 Ways to Supercharge Your ABM Strategy with Real-Time Intent

Streaming real-time intent is a homerun for marketing and sales’ account-based marketing (ABM) strategies. With real-time buyer insights, you can be first-in-line to provide solutions and lead better, hyper-personalized conversations.

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Retailers: Are You Using Delivery Personas to Improve Financial Performance and Customer Loyalty?

Retail TouchPoints

Successful retailers have put a lot of effort over the years into understanding their customers’ buying personas. They know that their customers are not monolithic. By catering to their unique characteristics during the buying process, retailers maximize revenue and customer loyalty.

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Adidas launches first new label in five decades

RetailDive

Adidas Sportswear is fronted by new brand ambassador Jenna Ortega, and features tracksuits and other everyday looks

Other 95
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The Future of Social Media: Key Trends and Predictions for 2023

Digital Doughnut

In this article, we explore the key trends expected to shape the world of social media in 2023 and beyond. From the continued growth of visual content to the rise of micro-influencers, we examine the trends set to transform how we use social media and interact with brands.

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Sustainability still takes a backseat to profit for procurement teams: study

RetailDive

A relatively small share of procurement staff see environmental and social goals within their purview or collect related metrics to measure success

Retail 82
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Learn Today, Sell Tomorrow: Increasing ROI & Conversions Through Search Metrics

Search metrics can drive conversion by helping website owners, and marketers learn from their online visitors. The data provided by an onsite search engine can help personalize the eCommerce experience and turn a visitor into a repeat buyer.

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Why Choose Magento for eCommerce Store

MagentoBrain

Magento is a popular eCommerce platform because it offers a wide range of features and functionality that can be customized to meet the specific needs of a business. In 2023 Magento is the most powerful eCommerce development platform because of its stability and security of customer data.

Magento 52
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Amazon cited for safety violations at 3 more warehouses

RetailDive

Federal safety inspectors are calling on the e-commerce giant to implement a “company-wide strategy to protect their employees "

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Nestlé plans more price hikes

RetailWire

Nestlé CEO Mark Schneider said the consumer packaged goods giant will continue to raise prices in 2023 to offset higher production costs that it has not yet fully passed on to consumers. in-article

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Mielle creates haircare bundles based on ‘Harlem’ characters

RetailDive

The partnership the Prime Video show comes just weeks after Procter & Gamble announced plans to acquire the haircare brand

Retail 75
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Digitizing Logistics: Harness the Power of Data in 4 Steps

Entering a new demand gen position in a volatile market is nerve-wracking. In demand generation, data is essential for knowing who you should target and how. In this eBook, you’ll learn how to identify and target your ideal prospects using different types of data.

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Dollar stores vie for greater share of the grocery market

RetailWire

Dollar stores have increased their emphasis on consumables in recent years, and consumers looking to stretch their food dollars are increasingly shopping at Dollar General and Family Dollar. More than 20 percent of consumers currently buy groceries in dollar stores, according to Foresight.

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Ugg, Hoka stepped up DTC activity in Q3

RetailDive

Deckers is focused on having 50% of the business be direct to consumer, with the channel seeing an 18.7% increase during the quarter

Channel 74
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FTC may file antitrust suit against Amazon

RetailWire

The Federal Trade Commission is working on a potential suit against Amazon.com that would single out business practices of the retail and technology giant as being anticompetitive. Amazon has not yet had late stage meetings with the FTC to address specific charges ahead of the agency filing charges.

Retail 52
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Merchants frustrated with fees, tech issues

RetailDive

Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed

Retail 73
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The Ultimate Small Business E-Commerce Fulfillment Guide & Checklist

From building a carrier strategy to addressing the inevitable returns rush, Shippo’s "How to Prep for Peak Season Shipping" covers everything you need to implement the right fulfillment plan for your e-commerce business this season.