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)

eCommerce
Online Shoppers Who Skip Auto-Fill Subscriptions Want Control Over Their Time
March 05, 2024

For eCommerce customers who prefer to shop at will versus scheduling auto-fill deliveries, PYMNTS Intelligence reveals, having control over how they use their time each day is a top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
Ocado CEO: ‘It’s Amazing’ How Many eGrocers Botch the Basics
March 01, 2024

As digital merchants compete for consumers’ growing online grocery spending, Ocado Group said one of the biggest challenges to driving penetration across the industry is key players’ ongoing failure to deliver items accurately and on time. Get the Full Story Complete the form to unlock this article...

eCommerce
The RealReal Taps Personalized Messaging to Drive Loyalty
February 29, 2024

Amid ongoing consumer belt-tightening, The RealReal is seeing personalized messaging go a long way toward incentivizing spending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

eCommerce
Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
February 29, 2024

Cart abandonment, a key element of increasing online conversion, poses a significant challenge for online marketplaces, retailer and brand sites. This issue is increasingly worrisome as budget-conscious shoppers use carts as wish lists while searching for better deals. Online businesses use various strategies to try...

eCommerce
Online Car Platforms Bet on Digital Transformation to Drive Sales Growth
February 28, 2024

For online car platforms, the road to profitability has been volatile and oftentimes elusive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

eCommerce
Coupang Q4: Farfetch Acquisition Opens Door to Untapped Luxury Goods Market
February 27, 2024

Korean eCommerce giant Coupang announced fourth-quarter earnings on Tuesday (Feb. 27), reporting a year of accelerated growth, record profits and a strong cash balance of over $5.5 billion dollars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

eCommerce
Perfect Corp: AR Try-On Reduces Returns for eCommerce Beauty Brands 
February 27, 2024

As eCommerce merchants look for new ways to reduce the costs and inefficiencies of returns, Perfect Corp. sees augmented reality (AR) as a key solution, mitigating consumers’ dissatisfaction with their products when they arrive.  Get the Full Story Complete the form to unlock this article and...

Social Commerce
Instagram Developing Opt-In Feature for Sharing Location With Others
February 26, 2024

Instagram is reportedly developing a feature that will allow users to track the real-time locations of their friends. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Omnicommerce
Digital Transformations Help Small Farmers Find National Success
February 26, 2024

Niche markets need to scale their reach, too — and often, eCommerce is best way.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...