Remove articles
article thumbnail

What to Consider When Incorporating AI into Your Retail Business

Retail TouchPoints

Artificial intelligence has revolutionized the way businesses and individuals operate by using data to power tools that can analyze, respond, predict and create in a manner similar to the human brain. The potential utility of biometric data to retailers is wide-ranging. Bias concerns. Varsity Brands, LLC , the U.S.

article thumbnail

The Key to Keeping Customers Engaged and Combating the Paradox of Choice — Personalization

Retail TouchPoints

While 25% of consumers search and purchase in just one online session, the average purchase typically takes much longer — around 15 days and over six sessions. To guide as many customers as possible to an online shopping experience that is quick and stress-free, here are three strategies brands should employ.

Customer 249
Insiders

Sign Up for our Newsletter

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

article thumbnail

FTC Suit Claims Amazon Illegally Maintains Monopoly Power

Retail TouchPoints

Editor’s Note: This article has been updated since it was published earlier today. I’m not sure another example exists of a retailer operating at a gross loss for more than a few months. This case from antitrust authorities is critical to ensuring businesses like mine can sell fairly online.”

article thumbnail

Saks.com Spin-Out: Genius Move or Opportunistic Folly?

Steve Dennis

is planning to split its online and brick-and-mortar operations into two companies, and then take Saks.com public, immediately strikes me as one of the dumbest strategic decisions I have heard in a long, long time. This article originally appeared on Forbes.com where I am a senior retail contributor.

article thumbnail

Selling on eBay: A Beginner’s Guide for Online Retailers

SellBrite

Including quality images isn’t only visually appealing to buyers, but there’s also a science to it, as detailed in this FollowUp article. The post Selling on eBay: A Beginner’s Guide for Online Retailers appeared first on Sellbrite. Write an item description that’s clear and concise.

article thumbnail

What Fighting Digital Commerce Fraud has in Common with Maslow’s Hierarchy of Needs 

Retail TouchPoints

Traditional retailers with digital commerce operations compete head-to-head with online retailers for demanding customers. Media articles abound about the skyrocketing marketing dollars required to woo new consumers. Open the door to new customers: Digital commerce is a ruthlessly competitive industry.

article thumbnail

Top Risks For Retail Businesses In 2021 (And in The Next Decade)

Retail TouchPoints

This situation has forced retailers worldwide to adapt to a slew of new consumer demands while juggling a precarious supply chain. While the pandemic has shed light on the resilience of the retail industry, there are still looming risks for the next decade. The lingering impact of COVID-19. Product boycotts.

eCommerce 304