“According to data from IBM’s U.S. Retail Index, business closures and shelter-in-place orders accelerated the shift to digital shopping by five years, with online shopping projected to grow nearly 20% in 2020. Based on the survey data from BMC and Mercatus, ecommerce grocery orders alone totaled $5.9 billion, up 3.6% from $5.7 billion in August….
Tag: AI eCommerce
Twitter tests new e-commerce features for tweets
“‘This demand gives us confidence in the power of combining real-time conversation with an engaged and intentional audience. Imagine easily discovering, and quickly purchasing, a new skincare product or trendy sneaker from a brand you follow with only a few clicks,’ Falck added.” https://www.google.com/amp/s/techcrunch.com/2021/03/03/twitter-tests-new-e-commerce-features-for-tweets/amp/
Young people have a popular pandemic pastime: Filling, then abandoning, e-commerce shopping carts
“Last June, Jordan Elkind, who, at the time, served as the VP of retail insights for customer data and identity platform Amperity, told Today that data from the onset of the pandemic showed a 94.4% cart abandonment rate, compared to 85.1% in the comparable period last year. That would equate to billions of dollars in…
Haptik Announces Launch of Buzzo: Voice Assistant for eCommerce
– “In the post pandemic era, according to Forrester Research, e-commerce sales have grown by 20% in the US and digital is now the default way of shopping for most millennials. – One of the world’s largest conversational AI companies announces new product to serve e-commerce brands globally – Buzzo is a multilingual voice assistant…
Stor.ai Expands Personalization Capabilities Pushing New Boundaries to Support Grocers
“Stor.ai, the end-to-end digital commerce solution for grocers, today announced the launch of its Smart Basket, in addition to other personalization tools to meet the shifting industry. Customers will benefit from intuitive experiences including product promotions, option to repurchase a “one-click” basket, reminders based on previous purchase history and recommendations for alternative or complimentary products….