Fri.Sep 30, 2022

article thumbnail

4 Steps Retailers Can Take to Market Themselves in a Recession

Retail TouchPoints

Marketing is often first on the chopping block during a recession, and with GDP contracting two quarters in a row, retail marketers are working hard to determine how to make each dollar go further. Many organizations will cut marketing spend in a bid to preserve margins. But research shows slashing marketing programs can undermine revenue and does not necessarily protect profits.

Marketing 263
article thumbnail

Meet The New Analyst Covering Digital Business & Strategy: William Dahlgren

Forrester eCommerce

New analyst joins Forrester's Stockholm office to cover Digital Business & Strategy (DB&S) and focus on topics such as digital strategy and metrics across industries.

195
195
Insiders

Sign Up for our Newsletter

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

article thumbnail

Google Aims to Make Shopping Online More Natural, Visual

Retail TouchPoints

“Natural” was the word of the day at Google ’s third annual SearchOn event , where the tech giant unveiled a host of new ways it is working to make search, translation, navigation and discovery online work and feel more like it does in the real world. “Since day one, we’ve dedicated ourselves to a mission to organize the world’s information and make it universally accessible and useful — if you could find the words, we could help you find answers to life’s questions,” said Google SVP

article thumbnail

A Juni Review: What Does This FinTech Company Have to Offer?

Ecommerce Platforms

When running your own ecommerce business, having a firm handle on your finances is imperative. But, with so much for online store owners to keep track of, this is sometimes easier said than done! From their expenses and investments to payment processing fees, sales taxes, shipping costs, and income. It's safe to say there's lots to consider. This is where using the right mobile banking solution or financial platform becomes vital.So, today, we're looking at Juni , a FinTech solution that prides

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

Bed Bath & Beyond Posts 28% Sales Decrease, Prepares for Further Drops as it Right-Sizes Inventory

Retail TouchPoints

Bed Bath & Beyond continued to struggle in Q2 2022 with the retailer’s sales falling 28% in the quarter, which ended Aug. 27. The retailer expects a further 20% decline in comparable sales for the back half of the year as it focuses on heavy promotions to moved merchandise. Buybuy BABY , which has been a bright spot for the retailer in the past, also posted a comparable sales decrease in the high teens.

article thumbnail

Best Ecommerce Website Templates for 2022

Ecommerce Platforms

Nowadays, creating a unique website with no coding skills is easier than ever. The best ecommerce website templates provide visual editors and intuitive, sophisticated web design features that make customization a breeze. With fluid layouts, multiple colors, and fonts – website design freedom is seemingly limitless. But if you aren't design-savvy, the best ecommerce templates are readily equipped with preset designs and nifty features to enhance your customer experience.

eCommerce 197

More Trending

article thumbnail

Personalized Product Recommendations 101| Salsify

Salsify

How can you stand out to consumers when they have access to endless online product recommendations at their fingertips?

article thumbnail

Black Friday Promotions to Increase AOV

GetElastic

Black Friday Promotions to Increase AOV. Black Friday. Two words that bring excitement to any shopper’s mind in search of the unicorn of all deals. On the retailer side, Black Friday is a revenue jackpot if planned and executed with the shopper’s interest in mind, and a specific Black Friday marketing strategy. One of the ways retailers build revenue is through increasing Average Order Value or AOV.

article thumbnail

How To Reach Maximum Visibility: An Introduction To Amazon’s A9 Algorithm

Algopix

In the world of eCommerce, one of the key success factors is ranking high in search results. Studies have shown that people rarely go past the first page of search results – so if you’re not on that first page, you’re missing out on a lot of potential traffic and sales. This is where Amazon’s A9 algorithm comes in. . A9 is the algorithm responsible for Amazon’s search results, and it’s constantly being updated and improved.

Jewelry 78
article thumbnail

New Integrations Hub Empowers Users With “Instant On” Integrations

GetElastic

Over the past few years, the momentum towards adopting a Composable Commerce approach has been undeniable as more brands realize the benefits of its speed and flexibility in delivering unforgettable customer experiences. However, one significant problem persists, how do brands easily switch to a Composable Commerce solution that enables them to create remarkable commerce experiences?

B2C 78
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

Burberry nabs Daniel Lee as creative chief

RetailDive

The British fashion designer is credited with reviving Kering-owned Bottega Veneta, though he left abruptly last year after three years as creative director.

Fashion 91
article thumbnail

Currys transforms instore and online customer experience

365 Retail

Technology retailer, Currys, has reached a major milestone on its digital transformation journey to becoming a leading omnichannel retailer that helps everyone enjoy amazing tech. Today marks a significant moment in the Currys omnichannel journey, as it goes live with a more connected service across all of its channels that will provide personalised journeys and customer insights on a massive scale, accelerating its growth and delivering on its strategic objective to build even more customers fo

article thumbnail

Athleta turns to resale, outlet sales to coax new customers

RetailDive

Gap Inc. has been depending on its athleisure brand to grow swiftly, but it’s faltered lately as consumers buy dressier clothes and cut spending.

article thumbnail

How B2B Companies are Preparing For an Economic Downturn

Kibo

Disruptive supply chains, high inflation, and a looming recession are just some of the hurdles on the horizons of B2B companies. It’s clear that B2B businesses have a complex landscape to navigate. But companies that tune into their customers’ changing habits and respond to them will go on to be the market leaders of tomorrow. How will the economic downturn impact B2B companies?

B2B 71
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

Google debuts 3D sneaker tool, new shopping features

RetailDive

The technology company will provide more personalized recommendations to users and assist businesses in creating 3D product models.

article thumbnail

How retailers can survive and thrive in a downturn

365 Retail

As a recession looms, the Bank of England’s economic outlook is bleak: high inflation rates, a shrinking economy and a decline in living standards. Inflation is expected to peak at 13.3% in October, the highest since September 1980, while the economy will contract until early 2024 and living standards will drop by 5% over the next two years. Economists describe the situation as ‘stagflation’ – a combination of high inflation, high unemployment and stagnant growth – something not seen in th

article thumbnail

What Amazon’s product updates say about its strategy

RetailDive

The retailer has expanded its reach into consumers' homes — and their businesses.

Consumer 100
article thumbnail

15 Digital Marketing Tools to Use in 2022

A Better Lemonade Stand

Finding the best digital marketing tools can allow you to take your business to the next level. Whether you’re looking for tools for email marketing, social media, SEO, or even live events, you’ll discover tools that will help simplify your marketing efforts so that you can focus on other tasks at the same time. In […] The post 15 Digital Marketing Tools to Use in 2022 appeared first on A Better Lemonade Stand.

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

AI Changing the eCommerce Industry in the UK and beyond

365 Retail

Artificial intelligence (AI), while one of the most useful – and interesting – technologies out there, is nevertheless the subject of all sorts of opinions and rumours. Of course, that’s normal for any emerging part of science, given that much of its development is reported to a critical public. Unfortunately, the rumour mill can make it difficult to gauge exactly what’s going on in AI circles and how far along in its development it actually is.

article thumbnail

The Backroom: The idiosyncrasies of this year’s holiday consumer

RetailDive

Retailers are navigating a challenge likely to define the 2022 season: inflation.

article thumbnail

A Short Guide To Technographic Data And The Information It Provides For Retailers

RetailMinded

Data gathering and analysis play a significant role in modern business. As big data and cloud technologies continue to grow, so does the importance of data. Companies are turning towards centralized data storage and collection. . Making the most of all the data that enters a business is crucial. In other words, modern companies need to make the most of their stored data in CRM systems.

article thumbnail

Top Ecommerce Solutions To Look For In 2022

Ecommerce Guru

Ever heard of ecommerce solutions? Executing a business online not only needs an ecommerce website or a social media account. But also needs an online shopping solution to help your customers buy your products or services. This might include the things like enhancing product pages to efficiently view your offers, adding payment processing tools to help them fulfilling purchases with their debit or credit cards, and providing shipping tools to send them the products in […].

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

How Creative Teams are Staying Productive in the Hybrid World

Digital Doughnut

As humans, we’re far worse at multitasking than we think – and there’s a huge productivity cost every time we drop one thing for another. With digital asset management (DAM) tools, creatives can get everything they need in one place, which enhances focus and keeps “context switching” to a minimum.

article thumbnail

Lululemon adds Mirror to paid membership program

RetailWire

Lululemon Studio is the yoga-inspired retail chain’s new subscription program wherein members pay $39 a month for access to streaming and in-person workouts, discounts on merchandise and get early access to events. Lululemon, which acquired Mirror, the interactive fitness startup in 2020, is including it as part of the Studio effort.

article thumbnail

Brands are Embracing Metaverse Opportunities as They Head into 2023

IntelligenceNode

Is the Metaverse Leading a New Revolution in Retail? The metaverse, an interconnected virtual world where people can come together, work, and shop, as 3D avatars of themselves, is fast. The post Brands are Embracing Metaverse Opportunities as They Head into 2023 appeared first on Blog.

Blog 52
article thumbnail

Customers flock to pharmacies for COVID-19 boosters and flu shots

RetailWire

A high percentage of pharmacists and pharmacy techs have suffered from burnout since the pandemic hit the U.S. in 2020. The recent release of new COVID-19 boosters and this year’s flu shot have increased traffic to retail pharmacies, putting further pressure on staff at those locations.

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

What Is Consignment in Retail? The Pros and Cons of Consignment

Korona

Sellers seeking new and expanded wholesale and retail markets for their goods can often leverage consignment sales to their advantage. Doing so can expand your product catalog, target market, and overall sales. Consignment selling is when goods are shipped to a reseller who pays you, the shipper, only for the goods that sell. Traditionally, it’s a model used by many antique shops, with independent sellers renting space in a larger established shop.

article thumbnail

CVS joins bidding for primary care provider

RetailWire

CVS Health has joined Humana in competing to acquire Cano Health, which operates primary care centers in California, Florida, Illinois, Nevada, New Jersey, New Mexico, New York, Puerto Rico and Texas.

article thumbnail

Trends to Watch in Fashion Ecommerce in 2022

Digital Doughnut

Fashion ecommerce companies regularly change the way they conduct businesses. Along with evolving markets on all scales, there are new technologies.

Fashion 52
article thumbnail

American Eagle leverages Quiet Platforms to speed its own fulfillment

RetailDive

E-commerce orders are now reaching customers within 3 days of checkout, and executives still see room for improvement.

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