Tuesday, January 31, 2023

Real time data collection is needed for eCommerce companies to reach their full potential

According to new research, 62 percent of eCommerce organizations say that real-time data collection will be at the forefront of their priorities for 2023.

The study, carried out for Oxylabs by Censuswide , surveyed over 1,000 senior data decision-makers, split between UK and US eCommerce companies.

Publisher: BetaNews
Date: 2023-01-30T13:47:47 00:00
Twitter: @BetaNews
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How ChatGPT Drives Ecommerce Conversions - Practical Ecommerce

ChatGPT can generate marketing copy, engage in conversational dialogue, and produce code, among other uses. But can the artificial intelligence tool help online stores increase sales?

Generalized commands may result in irrelevant output — ChatGPT might cite products you don’t offer if not specified in the request. So be prepared to edit responses.

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Publisher: Practical Ecommerce
Date: 2023-01-29T13:40:47 00:00
Twitter: @practicalecomm
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Levi revenue, ecommerce increase year over year

Levi Strauss & Co. reported Jan. 25 that its net revenue decreased to $1.6 billion in the fiscal fourth quarter ended Nov. 27, 2022. That's down 6% from the year-ago period. However, Levi revenue for the full fiscal year grew to $6.2 billion, which is a 7% year-over-year increase.

Publisher: Digital Commerce 360
Date: 2023-01-30T19:54:01 00:00
Author: Abbas Haleem
Twitter: @DigitalComm360
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2022 US holiday eCommerce shopping exceeded expectations — So will chargebacks -

Additionally, new alternative payment methods have fuelled online and card-not-present transactions. Salesforce's report suggests eCommerce businesses gained a bigger share of the holiday season spending.

Chargebacks take place when customers call their bank to refute a charge. As a result the bank provides them with an instant refund. The chargeback is taken from the merchant's account. Chargebacks are an important mechanism to protect cardholders against fraudulent activity.

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Publisher: Enterprise Times
Date: 2023-01-31T05:50:35 00:00
Author: Roy Edwards
Twitter: @enterprise_time
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The 5 R's of Merchandising (for Ecommerce) - Practical Ecommerce

For nearly 100 years retail merchandisers have used the five R’s framework or a variation to design, select, and display products. The concept is valid for ecommerce shops today.

The phrase “provide for the consumer” became “the right people.” “The right style and quality” are “the right product.” “Proper quantities” became “the right quantity.

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Publisher: Practical Ecommerce
Date: 2023-01-30T14:53:06 00:00
Twitter: @practicalecomm
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How to monitor the carbon footprint of your ecommerce supply chain

Given mounting climate issues, and increased public interest in supporting sustainable brands, the ecommerce world is experiencing a huge shift in how it approaches its operations.

Part of a successful ESG strategy involves monitoring a company's carbon footprint. And such a mammoth task faces plenty of challenges along the way.

Publisher: Digital Commerce 360
Date: 2023-01-30T20:07:56 00:00
Author: Alexis Normand
Twitter: @DigitalComm360
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Do it Best names new VP of ecommerce

FORT WAYNE, Ind. — Do it Best has promoted an ecommerce leader to steer its Ecommerce division. Allison Flatjord is the company's new vice president of ecommerce. She replaces Nick Talarico , who was recently promoted to executive vice president of sales and marketing.

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Publisher: LBM Journal
Date: 2023-01-30T12:14:50 00:00
Author: LBM Journal
Twitter: @LBMJournal
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BigCommerce, Balance Team to Simplify B2B eCommerce | PYMNTS.com

Payments platform Balance and eCommerce platform BigCommerce have teamed to help merchants scale their B2B payments.

Balance announced in a Monday (Jan. 30) press release it has been named a BigCommerce Certified Technology Partner . The partnership will see Balance provide BigCommerce merchants with access to digital and self-serve B2B payments.

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Date: 2023-01-30T12:49:38-05:00
Twitter: @PYMNTS.com
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Ecommerce Sales Cross $1 Trillion For First Time 01/31/2023


Start getting used to 13-figure updates. ComScore reports that with the strength of holiday spending in the fourth quarter, ecommerce spending in the U.S. crossed the trillion-dollar threshold for the first time last year.

Twitter: @mediapost
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Here's how ecommerce just got easier for your business

iKhokha offers one of the lowest starting transaction rates in Africa, starting at 2.85% excl. VAT.

According to a recent study by market research firm eMarketer, ecommerce sales in South Africa are projected to reach R34 billion by the end of 2023, an increase of 12.5% from 2022. This represents a significant opportunity for small businesses willing to explore their options online.

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Date: 2023-01-31T11:27:03.000Z
Author: Brandstories
Twitter: @IOL
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