Channel: Marketplace

Articles about marketplaces.

  1. Channel: Marketplace

Five retail technology questions for Liam Patterson, CEO, Bidnamic

RTIH asks major players in the retail technology space for their thoughts on the sector, and throws in a random question to keep them on their toes. This time around, our five questions go to Liam Patterson, Co-Founder and CEO at Bidnamic (pictured above on the left). RTIH: Looking at the hottest retail technologies right […]
2 min read
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  1. Channel: Marketplace

Direct Mail for Retail Is Alive and Well: How These 5 Retailers Use Direct Mail to Increase Sales

Finding new ways to reach customers in an increasingly crowded (and expensive) digital landscape is vital if you want to break through the clutter.  You may think it’s an antiquated approach, but direct mail for retail is making a comeback. And now there are tools available to automate sending and tracking highly targeted direct mail marketing […]
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  1. Channel: Marketplace

clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm

E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years, the current consumer demands to receive orders on time and packaged correctly will only increase. For decades, e-commerce giants, like Amazon and MercadoLibre, have perfected the logistics and delivery technology for their marketplaces, but […]
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  1. Channel: Marketplace

Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand

A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that. The designer fashion brand launched its own ecommerce operation in 2008, at a time when many other high-end […]
6 min read
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  1. Channel: Marketplace

The Rise of Resale Programs: 5 Brands Leading the Charge in Sustainability

The earth is changing, and so is the way consumers shop. With 77% of Americans concerned about the environmental impact of products they buy, retailers are revamping their business models to improve both the planet and their balance sheets. For years, the fashion industry has faced backlash for its climate-harming practices. Consider these facts: one new garment takes 77 […]
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  1. Channel: Marketplace

Harlem Capital leads seed into Because, an e-commerce enablement startup

With global e-commerce sales poised to be a $5.5 billion industry this year, startups in the e-commerce enablement software space are looking to carve out a niche in this huge market. One of those is Because, a startup developing no-code software connecting disparate data sources to automate high volumes of website updates. Founder and CEO […]
3 min read
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  1. Channel: Marketplace

Retailers Competing Hard For Media/Ad Dollars

Business Insider reports on how “retailers are gunning for advertising dollars. “Retail ad is predicted to grow 31% to $41 billion this year, and, Amazon, Walmart, Instacart, and others are building ad businesses to get a piece of it. “They’re betting on the growth of e-commerce and the hope of offsetting retail’s thin margins by […]
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  1. Channel: Marketplace

Competitors Loop and Happy Returns Partner to Streamline In-Person Returns

Loop Returns, the return platform for Shopify brands such as Allbirds, FIGS, Princess Polly and Chubbies, has joined with its competitor Happy Returns by PayPal to offer box-free, label-free drop-off for U.S. consumers at 5,000 Return Bars across the country. The Shopify brands use the Loop platform to help them retain revenue with returns, which […]
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  1. Channel: Marketplace

BigCommerce Acquires Feedonomics in $145 Million Deal

Open SaaS ecommerce platform BigCommerce has purchased Feedonomics, a data feed management platform, for approximately $145 million. Feedonomics aims to help mid-market and enterprise merchants succeed on hundreds of advertising channels and marketplaces by ingesting, unifying, enhancing and syndicating product data, and then syncing the resulting order data back into merchants’ existing systems to help […]
2 min read
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  1. Channel: Marketplace

The Future of Physical Retail in a Digital-First World

When retail stores shut their doors in March 2020, many industry observers adopted a dismal view of the future of physical retail. By the end of the year, retailers had closed over 8,700 stores in the United States.  At the same time, the ecommerce growth rate more than doubled, according to the U.S. Department of Commerce. As […]
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  1. Channel: Marketplace

Tidio raises $25M to automate customer service interactions

During the pandemic especially, it’s become overwhelming for small- and medium-sized businesses (SMBs) to answer all of their customer service requests. A Freshworks survey found that companies experienced a 71% increase in overall contact volume between February 2020 and January 2021, and expect it to increase further. At the same time, customers — while empathetic […]
3 min read
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  1. Channel: Marketplace

Shopify partners with Student Beans to launch student verification technology

Canadian ecommerce giant Shopify has launched a partnership with online coupon redemption platform Student Beans. Student Beans offers exclusive coupons for students and provides free coupons to allow savings to… The post Shopify partners with Student Beans to launch student verification technology appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Marketplace

Affirm Extends Multi-Year Exclusive Partnership with Shopify in the U.S.

SAN FRANCISCO–(BUSINESS WIRE)–Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced today a multi-year extension of its partnership in the U.S. with Shopify, a provider of essential internet infrastructure for commerce. The agreement cements Affirm as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. In connection […]
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  1. Channel: Marketplace

Snow is Dazzled by Cutting-Edge ROS Functionality

For most brands, winning endorsement from Kim Kardashian, with her 290 million Instagram followers, is the stuff dreams are made of. For oral cosmetics brand Snow, the Kardashian seal of approval is one in a long line of celebrity recommendations, including from film stars such as Chris Pratt, TV legends such as Ellen DeGeneres, and […]
5 min read
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  1. Channel: Marketplace

A Retailer’s Guide to Token Gating and NFTs

Non-fungible tokens (NFTs) have taken the art world by storm by creating ways for musicians, designers, and other creatives to control how their work is distributed.  Retailers have also begun experimenting with NFTs via token gating, a strategy that gives token holders access to exclusive products, experiences, content, and more.  More
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  1. Channel: Marketplace

I’m Just Not That Into You:  The Trap of the Promiscuous Shopper

“We’ve already established what you are, now we’re just haggling over price.” – A less than PC old joke It’s hardly news that the retail industry is responsible for too many self-inflicted wounds. At the top of this list, perhaps, is many retailers’ long-term reliance on aggressive discounting to drive top-line sales. This has taught many […]
2 min read
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  1. Channel: Marketplace

Deep dive: Is Amazon’s Buy with Prime really ‘bad news’ for Shopify?

Has Amazon just made its prime membership even more compelling? The ecommerce giant recently announced its ‘Buy with Prime’ (BwP) programme, a new initiative that lets third party retailers use… The post Deep dive: Is Amazon’s Buy with Prime really ‘bad news’ for Shopify? appeared first on Latest Retail Technology News From Across The Globe […]
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  1. Channel: Marketplace

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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  1. Channel: Marketplace

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
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  1. Channel: Marketplace

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
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  1. Channel: Marketplace

Developing a Perfect Store Strategy in 2022

In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […]
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