Commerce

Commerce relates to "the exchange of goods and services, especially on a large scale". It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.

(source: en.wikipedia.org)

Social Commerce
Social Commerce Platform Flip Raises $144 Million, Adds AI Advertising Engine
April 02, 2024

Social commerce platform Flip has raised $144 million in a Series C funding round. The firm will also relaunch its marketing platform for brands to incorporate AXON artificial intelligence (AI) technology from AppLovin, which made a $50 million investment in the funding round, the companies said in a...

eCommerce
Retailers’ Online Shoppers Demand Easy Returns
April 01, 2024

When consumers choose which retailers to shop with online, the returns process is top of mind. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces” drew from a survey of more than 3,500 U.S. consumers...

eCommerce
Want to Compete on Amazon? Find a Niche
April 01, 2024

With brands competing for consumers’ attention, spending and loyalty on Amazon‘s increasingly crowded marketplace, it is becoming all the more important for them to carve out a niche if they want to set their offerings apart. In an interview with PYMNTS, Daniel Peled, chief revenue officer at Noogata,...

Social Commerce
Report: Discord to Show Ads After History of Shunning Them
March 31, 2024

Social media platform Discord reportedly plans to add advertisements after a history of dismissing them. The ads will begin appearing on Discord’s free platform this week, The Wall Street Journal (WSJ) reported Saturday (March 30), citing sources familiar with the company’s plans. The ads are from video...

Social Commerce
YouTube Adds ‘Members-Only Shorts’ to Monetization Features for Creators
March 29, 2024

YouTube has launched Members-only Shorts, an option that lets creators share content only with subscribers. This option enables creators to offer additional perks to their subscribers, the video sharing platform said in a video posted Wednesday (March 27). To use this option, creators go to...

eCommerce
eCommerce Marketplaces Crack Down on Fakes to Boost Consumer Trust
March 29, 2024

With trust proving to be a key factor for consumers’ decisions about where they want to spend their money digitally, online merchants are cracking down on fakes. eCommerce giant Amazon, for instance, shared Monday (March 25) in announcing its 2023 Brand Protection Report that it has been...

Social Commerce
The Social Influence: How Platforms Are Shaping Travel and Retail Trends
March 29, 2024

Social media platforms like Facebook, Instagram, TikTok and YouTube have become an integral part of daily life for millions of users worldwide, revolutionizing communication, connectivity and consumer behavior. Consumers have access to information, entertainment and interactions with brands and products. This influence on consumer decision-making processes is becoming increasingly profound, spanning...

Omnicommerce
Adobe Commerce Taps Adyen to Support Global Omnichannel Enterprises
March 28, 2024

Adobe and Adyen have partnered to enable online and in-store payments for global enterprise merchants that use Adobe Commerce. With this partnership, merchants operating on Adobe Commerce will be able to simplify and scale their customer payment experiences online, offline and across global markets, the companies said in a...

Social Commerce
Social Commerce Holdouts Skeptical of Cross-Pollination
March 28, 2024

Many consumers are put off by social commerce, not wanting to have their social connection interrupted by product promotion. By the Numbers For the report “Tracking the Digital Payments Takeover: Monetizing Social Media,” PYMNTS Intelligence surveyed nearly 3,000 U.S. consumers to understand the factors driving...