Technology & Innovation Andy Beilke of General Mills: How Grocery Tech Drives Connected Commerce | DSI “From a connected commerce perspective, we want to reach consumers whenever, wherever, however, they’re shopping. We want them to find our brands accessible.”— Andy Beilke, Senior Development Manager, Ecommerce Strategy and Capabilities, General Mills According to Supermarket News, grocery is one of the least developed online categories in retail, as brick-and-mortar stores accounted for over […] Digital Shelf Institute September 30, 2024September 30, 2024 8 min read Technology & InnovationAIGeneral MillsConsumersOmnichannelMerchandisingShoppersData & InsightsStrategyPartnershipsCustomer ExperienceMarketing: Retail MediaBig DataPredictions and ForecastsOwned Brands (Private Label)Marketing: VoiceMarketing: Social MediaMarketing: In StoreKrogerDept. GroceryWalmartChatGPTAssociatesBrick and MortarDept. ApparelDept. HBCInsight ProvidersOperations & Supply ChainTarget84.51 0 Saving Bookmark this article Bookmarked
Shopper & Customer The New Role of Visceral and Voice Food Marketing Success does leave clues and consumers are dynamic not static and according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® as U.S. consumers face rising costs, the dining landscape is evolving in real-time. A recent study by Givex reveals that 41 percent of Americans are eating out less, 45 percent have […] Grocerant Guru September 28, 2024September 28, 2024 5 min read ConsumersTechnology & InnovationData & InsightsRestaurantsAIGoogleDept. GroceryESG and CSRMarketing: Loyalty & SubscriptionShoppersSustainabilityDept. NonfoodMarketing: Direct & PersonalizationPredictions and ForecastsCompetitionMarketing: Social MediaConsultingInsight ProvidersBrick and MortarMarketing: VoiceMarketing: TradePricing & PromotionsMarketing: BrandCustomer ExperienceDeliveryAmazonStrategy 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital As Alexa turns 10, Amazon looks to generative AI While Amazon has continued releasing Echo devices, including an upgraded Spot announced last month, the company has taken its foot off the gas. © 2024 TechCrunch. All rights reserved. For personal use only. TechCrunch September 20, 2024September 20, 2024 < 1 min read AmazonTechnology & InnovationMarketing: VoiceAIDept. Fuel 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Prime Big Deal Days Event is Back October 8-9 Amazon.com announced Tuesday that its Prime Big Deal Days event will return for two days on Oct. 8 and Oct. 9. The 48-hour fall sales event is Amazon’s second Prime exclusive sale this year after July’s Prime Day event. Prime Big Deal Days is exclusive to Prime members and will be offered in 19 countries. […] Kristina Stidham September 18, 2024September 20, 2024 < 1 min read AmazonHoliday & EventsMarketing: Loyalty & SubscriptionConsumersCompetitionMarketing: VoiceDeliveryOperations & Supply ChainMarketing: TradePress Release 0 Saving Bookmark this article Bookmarked
Data & Insights WISMO: What it means and how to reduce it? This post-purchase phase, where customers are awaiting their parcels, holds more importance than you think. While most e-commerce businesses assume to just “hope no things go wrong until the customer gets their hands at their order“, the truth is far. From the moment the order gets shipped, till it gets delivered, there is a window […] 0 Author Missing September 17, 2024September 17, 2024 6 min read Data & InsightsAITechnology & InnovationDeliveryShoppersCustomer ExperienceOperations & Supply ChainReturnsMarketing: VoiceWeatherStore LocationStrategyMarketing: TradePredictions and ForecastsMarketing: UGCMarketing: Loyalty & SubscriptionMarketing: BrandDept. Fuel 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Will Reportedly Charge a Monthly Fee for Claude AI-Powered Alexa Amazon is releasing a new version of Alexa in October, which will possibly use Anthropic’s Claude. RetailWire August 31, 2024August 31, 2024 < 1 min read AmazonMarketing: VoiceTechnology & InnovationAI 0 Saving Bookmark this article Bookmarked
Data & Insights Conversion Rates, Revenue, and CX As Labor Day approaches, it’s the perfect time to reflect on last year’s performance to anticipate what we might expect this year. In this newsletter, we’ll dive into key insights on conversion rates, revenue trends, and traffic patterns in the furniture and mattress industries during the holiday weekend. Additionally, we’ll explore the latest challenges in […] Trakwell.ai (formerly Doorcounts) August 30, 2024August 30, 2024 3 min read Data & InsightsTechnology & InnovationAICustomer ExperienceDeliveryShoppersHoliday & EventsAssociatesStore LocationOperations & Supply ChainAmazonExecutivesDept. Toys & GamesPredictions and ForecastsMarketing: VoiceMarketing: Direct & PersonalizationCompetitionBest BuySustainabilityInternational - UKDept. NonfoodDept. Fuel 0 Saving Bookmark this article Bookmarked
Data & Insights Enter Nibble as RTIH’s Secret Shopper hops on the emotional rollercoaster that is the Asos Sample Sale outlet As a seasoned shopper and dedicated bargain hunter, I’m always on the lookout for exciting deals. So, when I heard about Asos’s Sample Sale, where everything was priced at a flat £5, I couldn’t wait to dive in. My loyal readers know how much I love a good bargain, but this sale had something even […] Retail Technology Innovation Hub August 29, 2024August 29, 2024 6 min read Technology & InnovationAIData & InsightsShoppersMarketing: Social MediaPricing & PromotionsOperations & Supply ChainDeliveryMarketing: VoiceMarketing: TradePredictions and ForecastsInternational - UKESG and CSRDept. OTCDept. FreshDept. ApparelTwitter 0 Saving Bookmark this article Bookmarked
Media & Marketing Target CFO says GenAI tool is boosting worker efficiency The chatbot, which helps Target’s team members resolve on-the-job challenges, is making it easier and faster to assist customers, CFO Michael Fiddelke said. Grocery Dive August 28, 2024August 28, 2024 < 1 min read TargetExecutivesMarketing: VoiceAI 0 Saving Bookmark this article Bookmarked
Corporate Strategy Target exec says GenAI tool is boosting worker efficiency The chatbot, which helps Target’s team members resolve on-the-job challenges, is making it easier and faster to assist customers, COO and CFO Michael Fiddelke said. RetailDive August 23, 2024August 23, 2024 < 1 min read ExecutivesTargetMarketing: VoiceAI 0 Saving Bookmark this article Bookmarked
Technology & Innovation Navigating AI Adoption: Why the Co-Pilot Approach is the Most Successful Co-pilots are essential on a commercial aircraft: they’re there to assist the captain in operating the aircraft, monitor instruments and systems, communicate with air traffic control and generally divide the workload with the pilot. While a co-pilot’s role is one of assistance and support, they are also fully trained to take over operation of the […] Retail TouchPoints August 13, 2024August 18, 2024 4 min read Technology & InnovationAIShoppersData & InsightsCustomer ExperienceMarketing: Direct & PersonalizationMarketing: VoiceMarketing: Social MediaOperations & Supply ChainExecutivesPredictions and ForecastsOmnichannelMerchandisingTech: AR and VRStore LocationMetaverseConsumersMarketing: In StoreESG and CSRAmazonDept. ApparelHoliday & EventsMarketing: BrandMarketing: Loyalty & Subscription 0 Saving Bookmark this article Bookmarked
Data & Insights Think Outside the Box to Maximize GenAI Investments in the Contact Center For years, brands have assessed the return on investment of customer experience automation by asking three questions: What does it cost to serve a customer today? What could it cost to serve a customer tomorrow? What is the investment price to get from A to B? With these questions guiding the way, we’ve seen a […] Tom Lewis August 7, 2024August 12, 2024 3 min read AITechnology & InnovationShoppersCustomer ExperienceResults & InvestmentData & InsightsTargetMarketing: VoiceData VisualizationReturnsWeatherAssociatesAmazonDept. NonfoodDept. Natural / OrganicMarketing: Loyalty & SubscriptionMarketing: Social MediaPredictions and ForecastsWalmart 0 Saving Bookmark this article Bookmarked
Data & Insights ThredUp Launches New AI Discovery Shopping Tools ThredUp, one of the largest online resale platforms for apparel, shoes and accessories, unveiled a new suite of artificial intelligence-powered tools to aid in discovery shopping, the company announced Monday. Visitors can now search for products with what ThredUp is calling “natural language” — for example, typing in “swimsuit for a triathlon” or “tank tops […] Marie Albiges August 7, 2024August 12, 2024 < 1 min read AITechnology & InnovationRecommerceDept. NonfoodMarketing: VoiceOperations & Supply ChainShoppersDept. ApparelSustainabilityChatGPTDept. Natural / OrganicMarketing: Social MediaMeta (Facebook)Predictions and ForecastsMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Data & Insights ThredUp debuts AI search, chatbot tools The recommerce company said the tools are designed to understand natural language and visual cues to help customers get more personalized results. RetailDive August 6, 2024August 6, 2024 < 1 min read AIRecommerceTechnology & InnovationDept. NonfoodMarketing: VoiceMarketing: Direct & PersonalizationDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Data & Insights How AI and LLMs Are Ushering in a New Era of Conversational Commerce With how fast technology evolves, it can be difficult to remember what the state of ecommerce was 15 or even 10 years ago. Logistically slower, disorganized, impersonal and oftentimes insecure, it’s remarkable how exponentially better it’s gotten in the past decade. Of course, the online shopping experience has been distinctly digital at every point in […] Retail TouchPoints August 5, 2024August 15, 2024 5 min read ShoppersAITechnology & InnovationData & InsightsMarketing: Social MediaMarketing: VoiceMarketing: In StoreCustomer ExperienceMarketing: Direct & PersonalizationMeta (Facebook)StrategyWalmartESG and CSRAcquisitionReturnsDept. Natural / OrganicMarketing: TradeVendorsOperations & Supply ChainResults & InvestmentTargetExecutives 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Prime Day Sales Top $14 Billion, with More Products Sold Than Ever Before Amazon’s 10th annual Prime Day was its biggest ever, with record-breaking sales over the 48-hour member sales event and more items sold than on any previous Prime Day, according to the company. Helping to drive these banner results were millions of new Prime members worldwide, with a record-breaking number of customers signing up for Prime […] Retail TouchPoints July 21, 2024July 21, 2024 4 min read AmazonTechnology & InnovationHoliday & EventsAIConsumersData & InsightsOperations & Supply ChainDept. NonfoodDeliveryAssociatesTargetWalmartShoppersMarketing: Social MediaMarketing: Loyalty & SubscriptionPricing & PromotionsMarketing: TradeCompetitionDept. ApparelGovernmentMarketing: Retail MediaBrick and MortarBest BuyExecutivesPartnershipsMarketing: VoiceMarketing: In StoreKohlsHealth & Wellness 0 Saving Bookmark this article Bookmarked
Technology & Innovation Solutions Designed for Retail Associates Need to Keep the Customer Experience in Mind In an industry still struggling with a tight labor market, choosing which technology to arm store associates with becomes a critical decision. Today’s retail workers almost need to have superpowers — moving as fast as The Flash would be helpful given how many different tasks a retail worker performs each day — but adaptable, multi-purpose […] Retail TouchPoints July 18, 2024July 18, 2024 5 min read Technology & InnovationAIAssociatesShoppersCustomer ExperienceTargetExecutivesData & InsightsBrick and MortarOmnichannelMarketing: In StoreMarketing: Direct & PersonalizationMarketing: Social MediaDeliveryOperations & Supply ChainAmazonMarketing: VoiceDept. NonfoodMerchandisingMarketing: UGCUnileverESG and CSRTikTokMeta (Facebook)Dept. Natural / OrganicMarketing: Loyalty & SubscriptionLegal & CriminalHoliday & Events 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon debuts all-new Echo Spot ahead of Prime Day [[{“value”:” Dive Brief The smart alarm clock comes with “better visuals and improved audio quality” from its original device, according to the company. Published July 9, 2024 By Tatiana Walk-Morris The Echo Spot device has access to Alexa. Courtesy of Amazon “}]] RetailDive July 9, 2024July 9, 2024 < 1 min read AmazonHoliday & EventsMarketing: Voice 0 Saving Bookmark this article Bookmarked
Data & Insights The Power of Customer Follow up Strategic follow-up can be a game-changer in converting potential buyers and boosting sales. Through an insightful use-case, we’ll explore the performance of various stores in leveraging be-back customers—those who return for a follow-up visit after their initial interest. In this issue, we delve into the powerful impact of customer follow-up in high-ticket industries and break […] Trakwell.ai (formerly Doorcounts) June 28, 2024June 28, 2024 4 min read Data & InsightsAITechnology & InnovationShoppersAssociatesMarketing: VoiceOperations & Supply ChainBrick and MortarDept. NonfoodDeliveryStore LocationTargetPredictions and ForecastsMarketing: Direct & PersonalizationAmazonLegal & CriminalGovernmentResults & InvestmentStrategyTrends: Retail 0 Saving Bookmark this article Bookmarked
Technology & Innovation Target preps GenAI powered chatbot roll-out across US stores as technology plays ‘outsized role in future of retail’ Target has announced plans to roll-out a new generative artificial intelligence (GenAI) tool to team members at all of its nearly 2,000 stores by August. This makes it the first major retailer to share that it is bringing this technology to its store team members across the US. The tool, called Store Companion, is a […] Retail Technology Innovation Hub June 24, 2024June 24, 2024 2 min read Technology & InnovationAITargetBrick and MortarShoppersData & InsightsMarketing: VoiceExecutivesPredictions and ForecastsTrends: RetailMarketing: Social MediaOperations & Supply ChainDept. NonfoodDeliveryTwitter 0 Saving Bookmark this article Bookmarked
Technology & Innovation Target launches Store Companion, GenAI tool for employees MINNEAPOLIS — Target has announced plans to roll out Store Companion, a new generative artificial intelligence (GenAI) tool. The chatbot, designed by Target, will be available for team members at all of its nearly 2,000 stores by August, becoming the first major retailer to share that it is bringing this technology to its store team […] MMR June 21, 2024June 21, 2024 3 min read Technology & InnovationAITargetAssociatesShoppersConsumersExecutivesOperations & Supply ChainDept. NonfoodBrick and MortarPredictions and ForecastsTrends: RetailMerchandisingMarketing: Direct & PersonalizationMarketing: BrandMarketing: VoiceDept. Toys & GamesMarketing: Social MediaDept. FreshMarketing: UGCDept. BeverageData & InsightsStore LocationDept. Grocery 0 Saving Bookmark this article Bookmarked 5
Data & Insights Target to roll out generative AI chatbot for store employees The new tool, dubbed Store Companion, is designed to answer on-the-job process questions and support store operations. RetailDive June 20, 2024June 20, 2024 < 1 min read AITechnology & InnovationTargetMarketing: VoiceAssociatesOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
RetailWit All Free. All On One Page. All Yours. This is the 200th edition of “The Future Does Not Fit in the Containers of the Past.” Over the course of 200 Sundays in a row (nearly four years) 250,000 words of writing (the equivalent of five books) accompanied by the work of a talented painter, sculptor, photographer have been published at rishad.substack.com. The writing […] Rishad Tobaccowala June 9, 2024June 9, 2024 3 min read General BusinessData & InsightsPredictions and ForecastsStrategyTechnology & InnovationMarketing: VoiceMarketing: Social MediaGovernmentAI 0 Saving Bookmark this article Bookmarked
Data & Insights AI Chatbots and GenAI Hype We’re at a surreal stage of generative AI adoption, as some of the growing pains of this still relatively new technology are revealed in funny and bizarre ways. Google released “AI Overviews” at scale in the US recently, giving everyone an opportunity to kick the tires and ask Google questions answered by AI, which then […] Tom Fishburne June 3, 2024June 6, 2024 3 min read AITechnology & InnovationFun & HumorMarketing: VoicePredictions and ForecastsInsight ProvidersSponsoredGoogleChatGPTDept. Toys & GamesDept. PetDept. NonfoodDept. Dairy 0 Saving Bookmark this article Bookmarked
Department: Nonfood #RICE24 Solution Spotlight: iAdvize Copilot’s AI-Powered Chatbots Tackle Ecommerce Abandonment To increase ecommerce revenue, brands and retailers need to engage online shoppers and convert them into buyers. But when consumers cannot quickly find the products they’re looking for or easily get answers to their questions, they are more likely to abandon the ecommerce site altogether. With iAdvize Copilot, iAdvize’s generative AI-powered chatbot, more than 100 […] Retail TouchPoints May 23, 2024May 23, 2024 2 min read Technology & InnovationAIShoppersMarketing: VoiceConsumersPredictions and ForecastsMarketing: Social MediaMarketing: ShopperIndustry Conferences and EventsGovernmentDept. NonfoodDeliveryData & InsightsTrends: Retail 0 Saving Bookmark this article Bookmarked
Data & Insights How To Automate E-Commerce Customer Service Customer service is an important aspect of running a successful business. Whether you are selling products through your e-commerce website or a marketplace, effective customer service that is 24*7 is beneficial can be beneficial to boost sales and acquire loyal customers. 96% of customers admitted that customer service is an important factor in determining their […] Latest Shipment May 1, 2024May 1, 2024 6 min read Data & InsightsShoppersAITechnology & InnovationDept. NonfoodDeliveryMarketing: VoicePricing & PromotionsAmazonInternationalPredictions and ForecastsCustomer ExperienceMarketing: Social MediaReturnsEconomyOmnichannelMarketing: Loyalty & SubscriptionMarketing: Direct & PersonalizationStreamingStrategyStore LocationDept. ApparelConsumersESG and CSROperations & Supply ChainMeta (Facebook)Trends: Tech 0 Saving Bookmark this article Bookmarked
Data & Insights The Estée Lauder Companies and Microsoft look to reimagine the beauty industry with generative AI tools The Estée Lauder Companies and Microsoft Corp. have announced the creation of an AI Innovation Lab as an expansion of their global strategic relationship. Leveraging generative AI capabilities in Microsoft’s Azure OpenAI Service, the companies will work together to develop solutions for ELC’s more than 20 prestige beauty brands with the aim of creating closer […] Retail Technology Innovation Hub April 26, 2024April 26, 2024 2 min read Technology & InnovationAIData & InsightsConsumersDept. HBCDept. NonfoodPartnershipsInternational - UKChatGPTExecutivesInclusivityMarketing: VoicePredictions and ForecastsShoppers 0 Saving Bookmark this article Bookmarked
Stores & Formats Making AI Really Work for Retail Like every industry, retail is experiencing an artificial intelligence boom — and like other industries that operate with such small profit margins, any competitive edge is not only welcome but necessary to survive. AI offers benefits in five key areas for retailers: personalization, visual search, virtual reality (VR) and augmented reality (AR), predictive analytics, and […] TotalRetail April 25, 2024April 25, 2024 4 min read Technology & InnovationAIShoppersCustomer ExperienceData & InsightsTech: AR and VRWalmartMarketing: VoiceMarketing: Direct & PersonalizationPartnershipsPredictions and ForecastsTargetCOVID19ConsumersBrick and MortarOperations & Supply ChainInternational - North AmericaMetaversePackagingDept. ApparelPricing & PromotionsMarketing: In Store 0 Saving Bookmark this article Bookmarked
Data & Insights Sociable: Meta brings advanced AI chatbot to all of its apps Meta is making a bigger move to challenge OpenAI and others within the generative AI space. MarketingDive April 19, 2024April 19, 2024 < 1 min read AITechnology & InnovationMeta (Facebook)Marketing: VoiceChatGPT 0 Saving Bookmark this article Bookmarked
Data & Insights Online retailers continue to leverage chatbots to enhance customer experience Most modern day online consumers expect timely customer service similar to that offered at bricks and mortar shops. According to a 2023 write-up by SuperOffice CRM, up to 46% of customers wished to receive responses faster than four hours. Yet, most businesses take up to 12 hours to respond to emails. With AI powered chatbots, […] Retail Technology Innovation Hub April 13, 2024April 13, 2024 3 min read AIShoppersTechnology & InnovationMarketing: VoiceData & InsightsCustomer ExperienceDept. NonfoodConsumersDept. ApparelPricing & PromotionsDept. Natural / OrganicMarketing: Loyalty & SubscriptionESG and CSRHealth & WellnessMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Media & Marketing Channel: Restaurants Department & Category Department: Nonfood ESG Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Associates & Employees Operations & Supply Chain Ranked: The Fastest Shrinking Jobs in the U.S. (2023-2033F) See this visualization first on the Voronoi app. Use This Visualization Ranked: Occupations With the Most Projected Job Cuts 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. As the economy shifts, the employment landscape changes. […] Written by Visual Capitalist September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Trends & External Forces US Government Accuses Visa of Being an Illegal Monopoly The Department of Justice alleges Visa has an excessive stranglehold on debit card transactions. Written by RetailWire September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Holiday & Events Department: Consumer Durables Department: Nonfood Corporate Finance ESG Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Associates & Employees Holiday & Events Merchandising Stores & Formats Adobe Predicts 8.4% Growth in Online Holiday Sales, Driven by Discounting Adobe expects U.S. online sales to hit a record $240.8 billion this holiday shopping season (covering the period from Nov. 1 to Dec. 31), representing 8.4% growth year-over-year. Shopping on mobile devices also is expected to hit a new milestone, growing 12.8% YoY to contribute a record $128.1 billion, which would represent a 53.2% share of online spend this season […] Written by Retail TouchPoints September 26, 2024September 26, 2024 Saving Bookmark this article Bookmarked
Media & Marketing Retail Ecosystem Trends & External Forces Future of Marketing: Part One Today, we’re kicking off a special two-part series answering your questions about all things marketing. Scott puts on his professor hat and answers your questions surrounding common marketing misconceptions, the power of community-driven marketing, and what the future holds for the industry. Music: https://www.davidcuttermusic.com / @dcuttermusic Subscribe to No Mercy / No Malice Buy “The […] Written by The Prof G Show September 20, 2024September 20, 2024 Saving Bookmark this article Bookmarked
Shopper & Customer Corporate Finance Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Charted: Maxed-Out Credit Cards by Generation See this visualization first on the Voronoi app. Use This Visualization Credit Card Utilization By Generation 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. In the first quarter of 2024, the nationwide aggregate credit card […] Written by Visual Capitalist September 20, 2024September 20, 2024 Saving Bookmark this article Bookmarked