Technology & Innovation How to tackle measurement as Google rolls out open-source marketing mix modeling Meridian arrives as MMMs are having a moment and the tech giant’s deprecation of third-party cookies begins to upend long-standing tactics. MarketingDive March 18, 2024March 18, 2024 < 1 min read GoogleAITechnology & Innovation 0 Saving Bookmark this article Bookmarked
Data & Insights In Tests, Amazon’s Rufus Falls Short Of Expectations Washington Post columnist Shira Ovide has a piece in which she tested Rufus, Amazon’s new artificial intelligence chatbot that the company says is designed to help people figure out what to buy based on vocal prompts. She writes, “In general, I thought the shopping bot was at best a slight upgrade on searching Amazon, Google […] MorningNewsBeat March 18, 2024March 18, 2024 2 min read AIAmazonMarketing: VoiceTechnology & InnovationGoogleWeatherPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Data & Insights Utilizing the External Data Boom for Digital Shelf Optimization Publications about marketing often invoke the comparison of a digital shelf with a physical one. After all, a digital shelf displays your products for the customer to browse, just like a shelf in a brick-and-mortar store would. This comparison, however, has its limits. While customers come to browse the physical shelf, your digital shelf goes […] Retail TouchPoints March 16, 2024March 16, 2024 5 min read Data & InsightsMerchandisingShoppersTechnology & InnovationAICompetitionPredictions and ForecastsDept. NonfoodOperations & Supply ChainMarketing: Social MediaBig DataCustomer ExperienceMarketing: In StoreStore LocationESG and CSRTargetMarketing: UGCGoogleAmazonThick Data 0 Saving Bookmark this article Bookmarked
Technology & Innovation Grocery giant Sainsbury’s battles payments and online delivery issues as IT meltdown hits hard Sainsbury’s has today been hit by an IT meltdown following an ‘error with an overnight software update’ that has prevented the grocery retailer from being able to fulfil online orders and accept contactless payments in stores. “We’re experiencing technical issues affecting some stores, our Groceries Online service and our ability to contact customers. Unfortunately, we will […] Retail Technology Innovation Hub March 16, 2024March 16, 2024 2 min read Technology & InnovationShoppersBrick and MortarMarketing: Social MediaDeliveryInternational - UKOmnichannelPartnershipsTwitterData & InsightsPredictions and ForecastsCOVID19StrategyMarketing: In StoreGoogleExecutivesESG and CSRDept. Grocery 0 Saving Bookmark this article Bookmarked
Technology & Innovation Will Search Engine Traffic Really Drop 25% by 2026, As Gartner Predicts? Late last month, Gartner made a stunning prediction, forecasting an imminent and dramatic decline in search engine traffic. “By 2026, traditional search engine volume will drop 25%,” the research firm said. “with search marketing losing market share to AI chatbots and other virtual agents.” The prediction seemed aggressive, especially given that Microsoft Bing — with its […] Bigtechnology March 15, 2024March 15, 2024 7 min read Technology & InnovationAIBigTechPredictions and ForecastsData & InsightsStore LocationAmazonInsight ProvidersPodcastsChatGPTGoogleMarketing: VoiceMarketing: Social MediaMarketing: BroadcastStrategyTikTokStreamingConsumersVendorsExecutivesGovernmentOperations & Supply ChainESG and CSR 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Ad Program Issues Come To Light The Seattle Times reports that “Amazon has pledged to make fixes to its advertising operation after mistakenly charging online merchants to promote products shoppers couldn’t purchase. “The problem came to light when a seller of advanced gaming computers discovered he was being charged thousands of dollars to advertise merchandise in California even though he had […] MorningNewsBeat March 15, 2024March 15, 2024 2 min read AmazonShoppersCustomer ExperienceTargetLegal & CriminalGovernmentGamingStore LocationPredictions and ForecastsMeta (Facebook)Google 0 Saving Bookmark this article Bookmarked
Media & Marketing Google loses in local search to Instagram, TikTok among Gen Z Though Google remains popular for local search among older generations, Instagram (67%) and TikTok (62%) are preferred among Gen Z, SOCi found. MarketingDive March 14, 2024March 14, 2024 < 1 min read Marketing: Social MediaTikTokMeta (Facebook)GoogleConsumers 0 Saving Bookmark this article Bookmarked
Technology & Innovation Visible and invisible tech stacks, and the upsides and downsides of “shadow IT” in martech and beyond Tech stacks are large. The empirical stack data we recently shared from Zylo, a leading SaaS management platform, showed that even after a year of belt-tightening, the average SMB (500 employees or less) still has 162 SaaS apps. Mid-market companies (500 to 2,500 employees) have 245. And large enterprises have 650. This isn’t particularly surprising […] chiefmartec March 13, 2024March 13, 2024 7 min read Technology & InnovationPredictions and ForecastsAssociatesData & InsightsSustainabilityStrategyESG and CSRDept. ApparelDept. NonfoodGoogleMetaverseMarketing: In StoreMarketing: Social MediaResults & InvestmentInsight ProvidersAgencies 0 Saving Bookmark this article Bookmarked
Media & Marketing Marketing as Your Business’s Workout Routine Building strength through synergy is the same as putting in the reps at the gym. Do you go for runs? Lift weights? Do CrossFit? Or go boxing? We all know a workout is essential for achieving peak physical fitness, that’s why even the doctor tells you to be active. This translates perfectly to business development […] Retail Bound March 12, 2024March 12, 2024 3 min read Marketing: Social MediaESG and CSRHealth & WellnessStrategyDept. Natural / OrganicMeta (Facebook)TwitterStore LocationTargetDept. ApparelMarketing: BrandOperations & Supply ChainShoppersGoogleSustainabilityData & Insights 0 Saving Bookmark this article Bookmarked
Channel: Mass Worth Reading: Walmart Searches For Anti-Google Weapon CNBC reports on what is seen as a burgeoning generative AI battle in which Walmart is seen as engaging with Google. Here’s how it frames the story: “Walmart is talking up its ability to use generative AI as a one-stop shop to search when you need to plan an event, rather than online destination to […] MorningNewsBeat March 11, 2024March 11, 2024 < 1 min read WalmartTechnology & InnovationGoogleAIPredictions and ForecastsResults & InvestmentExecutivesAmazon 0 Saving Bookmark this article Bookmarked
Channel: Club Costco Goes For The Silver Fox Business reports that Costco followed up a successful run selling gold bars – it claimed to have sold more than $100 million of them in a single quarter – with a new offering of silver coins. According to the story, “Sold in 25 tubes, the 1-ounce Canada Maple Leaf Silver Coins are priced at […] MorningNewsBeat March 11, 2024March 11, 2024 < 1 min read CostcoInternational - North AmericaPredictions and ForecastsGoogle 0 Saving Bookmark this article Bookmarked
CPG: Food Behind the Focus Group Glass I’ve always been fascinated with how marketing teams make decisions, particularly how they try to tap into consumer insights. Any form of consumer research is an inexact science. Focus group glass can distort insights like a fun house mirror. It can easily be shaped by the team’s own biases and politics. Quotes can be cherry-picked […] Tom Fishburne March 10, 2024March 10, 2024 3 min read Fun & HumorThick DataConsumersData & InsightsSponsoredTechnology & InnovationExecutivesPredictions and ForecastsPartnershipsGovernmentGoogleGeneral MillsDept. HBCBig Data 0 Saving Bookmark this article Bookmarked
Data & Insights Why Walmart’s quick success in generative AI search should have Google worried Walmart is talking up its ability to layer generative AI into search within its website for more customized shopping. Should Google be worried? CNBC March 10, 2024March 10, 2024 < 1 min read WalmartTechnology & InnovationGoogleAI 0 Saving Bookmark this article Bookmarked
Technology & Innovation Starring Klarna, EE, Puma, and Matalan: the biggest retail technology news stories of the week It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Boots UK and Ireland, Retail Technology Show 2024, Co-op, Uber Direct, N Brown, Google Cloud, and REWE Group. […] Retail Technology Innovation Hub March 8, 2024March 8, 2024 5 min read Technology & InnovationAIInternational - UKPartnershipsPredictions and ForecastsShoppersBrick and MortarMarketing: Social MediaData & InsightsExecutivesCustomer ExperienceDept. ApparelDeliveryGoogleTwitterQ CommerceDept. FreshBNPLTrends: FinanceMarketing: In StoreUbereatsOmnichannelTech: CashierlessStrategyMarketing: Loyalty & SubscriptionPress ReleaseOperations & Supply ChainAmazon 0 Saving Bookmark this article Bookmarked
Trends & External Forces Europe’s New Competition Law Shifts the Landscape for Apple, Google, and Other Tech Giants As of today, a new competition law has come into force, affecting European users of major tech platforms like Apple and Google, among others. RetailWire March 7, 2024March 7, 2024 < 1 min read CompetitionTechnology & InnovationGooglePredictions and ForecastsBigTech 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Google Blew Up Its Open Culture and Compromised Its Product Today at Big Technology, we’re debuting a new Big Tech Insider columnist, adding to our series where experts with unique insights about the tech giants— and experience within them — tell the story behind the headlines. David Kiferbaum held various roles within Google from 2015 – 2023. And today, he writes of its open culture’s […] Bigtechnology March 7, 2024March 7, 2024 4 min read Technology & InnovationGoogleAIData & InsightsBigTechAssociatesAmazonExecutivesDept. ApparelGovernmentInclusivityCOVID19Marketing: UGCMarketing: VoiceStrategy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Puma Sees 19% Bump in AOV Following Shift to Google Cloud Puma has moved all of its ecommerce operations to Google Cloud in an effort to improve its online experience with enhanced personalization and more efficient data management processes. Puma already has shifted parts of the brand’s ecommerce system, including Puma.com, over to Google Cloud, and plans to consolidate all of its global ecommerce data and […] Retail TouchPoints March 7, 2024March 7, 2024 2 min read Technology & InnovationAIGoogleData & InsightsMarketing: Direct & PersonalizationMarketing: Loyalty & SubscriptionPricing & PromotionsMarketing: Social MediaOperations & Supply ChainConsumersMarketing: TradePartnershipsPredictions and ForecastsAssociatesVendors 0 Saving Bookmark this article Bookmarked
Trends & External Forces What are America’s Most Disappointing Cars in 2024? See this visualization first on the Voronoi app. What are America’s Most Disappointing Cars in 2024? This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources. Cars are such a fundamental part of American life, that certain […] Visual Capitalist March 6, 2024March 6, 2024 2 min read Predictions and ForecastsConsumersDept. NonfoodThick DataEconomyShoppersGoogleDept. FuelData VisualizationData & Insights 0 Saving Bookmark this article Bookmarked
Data & Insights Puma boosts online retail experience with Google Cloud data, analytics and AI solutions Sports company Puma is to deploy Google Cloud’s data, analytics and AI solutions as it looks to make its online retail experience more efficient, agile, and more personalised for customers worldwide. This will pave the way for the likes of generative AI shopping assistants, virtual try-ons, and AI driven loyalty programmes. The collaboration will see […] Retail Technology Innovation Hub March 6, 2024March 6, 2024 3 min read Technology & InnovationAIData & InsightsGoogleShoppersPartnershipsCustomer ExperiencePredictions and ForecastsMarketing: Loyalty & SubscriptionConsumersPricing & PromotionsBrick and MortarMarketing: TradeDept. NonfoodAssociatesOperations & Supply ChainPress ReleaseVendors 0 Saving Bookmark this article Bookmarked
Retailer Media Step Into the Future of Retail Media: Key Tenets to Scaling a Creative Workflow Want to build your own retail media empire? Or at least figure out a way to manage your advertisers seamlessly to keep your stress low and your ability to scale high? Retail media is growing fast. To make the most of that momentum, your advertisers have specific, evolving expectations about what working with you will […] Tony Santo March 5, 2024March 5, 2024 3 min read Marketing: Retail MediaTechnology & InnovationShoppersData & InsightsPredictions and ForecastsTrends: RetailCompetitionCustomer ExperienceConsumersLegal & CriminalOperations & Supply ChainTargetSustainabilityDept. NonfoodGoogleMarketing: Loyalty & SubscriptionMeta (Facebook)Pricing & PromotionsResults & Investment 0 Saving Bookmark this article Bookmarked
Data & Insights The Best Visualizations of January on the Voronoi App At the end of 2023, we publicly launched Voronoi, our free new data discovery app! The initial response from both users and creators has been incredible. Just days ago, we hit a milestone of 1 million in-app views, and there are already hundreds of interesting visualizations to discover, many of which will not be published […] Visual Capitalist March 4, 2024March 4, 2024 3 min read Predictions and ForecastsTechnology & InnovationAIData & InsightsEconomyGoogleData VisualizationWeatherTikTokThick DataStreamingMarketing: Social Media 0 Saving Bookmark this article Bookmarked
Data & Insights 4 Key Point-of-Sale Trends for 2024 The point-of-sale (POS) system has always been the one truly indispensable technology for any merchant, large or small. The centrality of the POS has led both retailers and solution providers to integrate it with other fundamental operational systems, from inventory and order management to customer relationship management (CRM) and, of course, payments. As if this […] Retail TouchPoints March 2, 2024March 2, 2024 5 min read Technology & InnovationAIShoppersData & InsightsTech: CashierlessPredictions and ForecastsAssociatesMarketing: Direct & PersonalizationMarketing: In StoreCustomer ExperienceBOPISOperations & Supply ChainDept. NonfoodBNPLMarketing: Social MediaCostcoCOVID19WegmansWalmartConsumersTrends: FinanceCryptoGoogleRegional GroceryMarketing: Loyalty & SubscriptionExecutivesPodcasts 0 Saving Bookmark this article Bookmarked
Technology & Innovation Inside the Crisis at Google It’s not like artificial intelligence caught Sundar Pichai off guard. I remember sitting in the audience in January 2018 when the Google CEO said it was as profound as electricity and fire. His proclamation stunned the San Francisco audience that day, so bullish it still seems a bit absurd, and it underscores how bizarre it […] Bigtechnology March 2, 2024March 2, 2024 5 min read Technology & InnovationAIGoogleBigTechData & InsightsPredictions and ForecastsAmazonPodcastsMarketing: Social MediaExecutivesChatGPTAssociatesLegal & CriminalMarketing: BroadcastMarketing: VoiceStore LocationStreamingAutonomous VehiclesESG and CSRVendorsGovernmentInclusivityInsight ProvidersStrategy 0 Saving Bookmark this article Bookmarked
Technology & Innovation Google rolls out slate of AI-powered Android updates Revealed at Mobile World Congress, the new features include the ability to access Google’s Gemini AI platform within the Messages app. MarketingDive February 29, 2024February 29, 2024 < 1 min read Technology & InnovationGoogleAIGovernment 0 Saving Bookmark this article Bookmarked
Technology & Innovation How Bloomingdale’s is Using AI to Bring Humanity to Shopping At a session during the eTail West show on Tuesday, James Kim, vice president of digital and technology at Bloomingdale’s, shared how the retailer is incorporating artificial intelligence into its business to bring more humanity to a very human activity: shopping. Kim outlined Bloomingdale’s innovative approach to integrating AI to enhance customer experiences and drive […] Marie Albiges February 29, 2024February 29, 2024 2 min read Technology & InnovationAIShoppersIndustry Conferences and EventsCOVID19Results & InvestmentConsumersDept. ApparelGoogle 0 Saving Bookmark this article Bookmarked
Trends & External Forces Google Faces $2.3 Billion Lawsuit From Media Groups Google has found itself in a legal tussle as 32 media conglomerates, including Axel Springer and Schibsted, collectively filed a hefty 2.1-billion-euro ($2.3 billion) lawsuit against the company. RetailWire February 29, 2024February 29, 2024 < 1 min read Legal & CriminalGoogle 0 Saving Bookmark this article Bookmarked
Technology & Innovation Smart Retail Tech 2024: Google’s Harmony Murphy says AI can cater for customers and power growth “Retailers need to use AI more,” said Harmony Murphy, Retail Head of Advertising at Google UK&I, in an exclusive chat with RTIH after her opening Smart Retail Tech Expo keynote speech today at London ExCel, which discussed the transformative potential of artificial intelligence in the retail industry. “Generative AI has democratised access and made the […] Retail Technology Innovation Hub February 27, 2024February 27, 2024 2 min read Technology & InnovationAIShoppersMarketing: Social MediaInternational - UKTwitterGoogleData & InsightsPredictions and ForecastsDept. ApparelTargetOmnichannelConsumersMarketing: UGCStore LocationTech: RoboticsMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Media & Marketing How Google Built Its Dominant Web Advertising Business Google made $31 billion running ads across the web last year, capitalizing on a tech footprint that touches nearly every web page on the internet. The company’s ad server and ad exchange are ubiquitous, behind-the-scenes technology that helps websites make money, and it all dates back to its 2007 acquisition of DoubleClick. In this month’s […] Bigtechnology February 27, 2024February 27, 2024 < 1 min read GoogleTechnology & InnovationAcquisition 0 Saving Bookmark this article Bookmarked
Data & Insights Google Suspends Gemini AI Image Generator for Creation of Inaccurate Historical Pictures Google announced on Thursday that it is pausing its Gemini artificial intelligence image generation creator following “inaccuracies” in historical pictures that were formed using the feature. RetailWire February 24, 2024February 24, 2024 < 1 min read AIGoogleTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Navigating The Digital Shift In Pre-Owned Retail: A Guide For Small Businesses Are you ready to catapult your pre-owned retail business into the digital universe? Transitioning from a physical shop floor to the online market is like swapping a bicycle for a spaceship. But fear not! We’ve got your back with 7 steps that’ll guide you through this galaxy of eCommerce. From understanding who’s gonna buy your […] Retail Minded February 23, 2024February 23, 2024 4 min read AmazonESG and CSRMarketing: Social MediaOperations & Supply ChainDeliveryShoppersTargetShopifyMetaverseMeta (Facebook)Brick and MortarGoogleStore LocationDept. FrozenDept. Apparel 0 Saving Bookmark this article Bookmarked
Channel: Grocery Acquisitions, Divestitures & Mergers Trends & External Forces Court sets late August start date for hearing on Kroger-Albertsons merger A federal judge in Oregon will decide during the proceeding whether to grant the FTC’s request to block the transaction. Written by Grocery Dive March 12, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Consumer Durables Department: Food Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Kids Like to Go Out to Eat ask Chuck E. Cheese Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […] Written by Grocerant Guru March 11, 2024March 14, 2024 Saving Bookmark this article Bookmarked
Channel: Grocery Corporate Finance Publix reports 49% growth in net earnings in FY23 US supermarket chain Publix has reported net earnings of $4.3bn in FY23, marking a 49% increase from FY22’s $2.9bn. The post Publix reports 49% growth in net earnings in FY23 appeared first on Retail Insight Network. Written by Retail Insights Network March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Channel: Mass Corporate Finance Media & Marketing Agencies & Vendors Data & Insights Trends & External Forces Target Q4 2023 Earnings Recap Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […] Written by The Harvest Group March 8, 2024March 8, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces CPG: Food Channel: Ecommerce & Digital Channel: Grocery Channel: Mass Department & Category Department: Beverage Department: Food Department: HBC Acquisitions, Divestitures & Mergers Corporate Strategy Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Retail Operations Associates & Employees Operations & Supply Chain Owned Brands (Private Label) Stores & Formats Kroger Reports Fourth Quarter and Full-Year 2023 Results, Announces Guidance for 2024 Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth. Written by Kroger March 7, 2024March 8, 2024 Saving Bookmark this article Bookmarked