“Same-day delivery is a new hot trend in retailing these days, according to a recent Elastic Path report, which finds that 75% of consumers expect, in the next 12 months, for all brands to offer same-day delivery. But at the same time, 72% expect curbside pickup in the same time frame.” https://www.google.com/amp/s/www.forbes.com/sites/panosmourdoukoutas/2019/10/26/walmart-and-target-have-changed-the-game-for-amazon/amp/
Tag: AI eCommerce
Black Friday: The cost of 77 minutes of downtime – IT-Online
Kate Mollett http://linkedin.com/in/kate-mollett-8795a535 “The increasing importance of data adds three very real risks to companies – downtime, compliance and security. The volume of sales fell by 1,4% year-on-year; the first negative annual growth rate since February 2017. On the other hand Black Friday boosted sales to 2,9% year-on-year in terms of volume. Google Trends shows…
What roles will AI play this Black Friday?
“In 2018, Adobe Analytics revealed Black Friday achieved US$6.22 billion in online sales alone while Cyber Monday pulled in a record of US$7.9 billion from e-commerce. But several sources reveal an increase of 20 percent in conversion rate when live chats are available. On Black Friday 2018, a bill titled Stopping Grinch Bots Act was…
Chinese ecommerce startup pockets $100M
“Club Factory, an AI-based ecommerce company that sells clothing, accessories, electronics and other items, has raised a $100 million round. The Series D was led by Qiming Venture Partners, with participation from Bertelsmann, IDG Capital and others, per TechCrunch. The Chinese business reportedly plans to use the funding to expand its operations in India.” https://pitchbook.com/newsletter/chinese-ecommerce-startup-pockets-100m…
Avoid a Black Friday, Cyber Monday Disaster With Intelligent Testing | E-Commerce | E-Commerce Times
“Over the five days from Thanksgiving to Cyber Monday 2018, 165 million shoppers spent more than US$300 each, on average A failure during this period would be devastating, bringing bad headlines and loss of revenue, and probably losing valuable future custom. So, how do you avoid these pitfalls? The answer is to ensure your site…