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Salesforce and Google Release AI-powered Commerce Tools with B2B Implications

ANNUITAS

Here are more details on each: A new AI-powered Page Designer to optimize product display and information to drive conversions and reduce returns of merchandise. The tool uses generative AI-powered natural language prompts to design, build, and customize ecommerce sites and pages more quickly.

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Breaking the monopoly: How to beat the Amazon effect with WordPress

ClickZ

30-second summary: Research reveals that almost 90% of UK shoppers use Amazon and 40% are Prime subscribers. As Amazon continues to improve its online presence and introduce new features to its loyal customers, so shall its competitors. As such, the prevalent manifestation of the Amazon effect is the consumer shift to shopping online.

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The latest marketplace updates you should know

ClickZ

Target promotes Lisa Roath to Executive Vice President and Chief Marketing Officer Lisa Roath previously served as Senior Vice President of food and beverage merchandising. Amazon’s biggest Prime Day Sale ever with $ 12.7 billion spent Amazon’s Prime Day 2023 saw significant growth in online spending, setting a new sales record.

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20+ eCommerce Industry Statistics in 7 Charts

seo.co

Amazon is the Undisputed Whale. Amazon’s share of the overall pie continues to grow: Total Amazon share of overall ecommerce is up to roughly 40% of total online sales with Walmart lagging behind at 7%. Other Merchandise: 31.5%. eCommerce Revenue Outlook. eCommerce Revenue Outlook. Medication and Cosmetics: 7.8%.

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Monitoring The Data That Drives Retail Success

Webbiquity

With competition from all angles, not least from the likes of online giants such as Amazon, retailers need to work harder and smarter to stay afloat, let alone prosper. Think about how you merchandise your products, too. Sales by department is a useful to help make decisions about your in-store merchandising. Contributed post.

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Strong Cyber Week sales show consumers are willing to spend

Martech

Dig deeper: 5 Black Friday trends marketers can act on this holiday season On Black Friday, online sellers saw total orders up 5% YoY and gross merchandise volume up 6%, according to ecommerce platform BigCommerce. Adobe Analytics measured YoY growth at 7.5% — slightly lower — and sales at $9.8 billion for Black Friday. Why we care.

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Companies Scramble to Report on COVID-19 Business Impact

Customer Experience Matrix

Grocery merchandising experts Symphony RetailAI have also launched a COVID-19 Insights Hub , which reports snippets of information with explanations. More surprising but prescient, given Amazon's labor troubles : just 42% felt confident that Amazon could get their online orders delivered on time. Really, no free shipping?)