Consumers expect more relevant and personalized search results when shopping online. Leveraging artificial intelligence (AI)-powered search with traditional strategies helps companies use data like product reviews, inventory levels, and revenue to optimize search results to assist consumers and meet business goals. Meanwhile, eCommerce companies want...
The fourth quarter of 2024 capped a strong year for online retail sales, as holiday spending shifted to digital channels, capping a double-digit increase over the third quarter — and a nearly double-digit boost over last year’s levels. And as the data released Wednesday (Feb....
In 2024, Etsy focused on strengthening its core offerings, specifically its mobile app and the launch of its new loyalty program, to retool customer engagement and increase purchase frequency. During Etsy’s fourth-quarter earnings call Wednesday (Feb. 19), CEO Josh Silverman acknowledged the challenges the company faced,...
Anthony Eisen is no stranger to shaking up the financial landscape. As the co-founder of Afterpay, he helped transform the buy now, pay later (BNPL) sector, giving consumers a more flexible way to shop without the immediate burden of full payment. Now, he’s turning his...
Success in gaming isn’t just about great content. It’s about turning insights into action. Every player interaction, transaction and engagement presents an opportunity, yet too many platforms fail to respond quickly enough. The biggest issue? Just 18% of gaming companies can track market shifts in...
January’s retail sales data showed a broad slump, worse than economists had expected. And though the headlines and analysis — depending on where you go to find them — may tie the pullback to weather and uncertainty over tariffs, even eCommerce sales (contained in the...
Online luxury fashion retailer Mytheresa says “high-spending, wardrobe-building” consumers helped drive a strong quarter. The Dutch company on Tuesday (Feb. 11) released earnings showing sales up a little more than 13% for the quarter, with CEO Michael Kliger praising the efforts of “big spenders” in...
eCommerce giant Temu is reportedly overhauling its Chinese supply chain following new U.S. tariffs. In a change that could lead to higher prices, the shopping platform will move away from a model in which merchants allowed Temu to handle things like price-setting, shipping and marketing,...
In a world where eBooks are gaining popularity, traditional bookstores face an uphill battle to stay relevant. While Amazon continues to dominate the digital book market, independent bookstores have struggled to adapt to the shift. But one company is determined to change the narrative. Bookshop.org,...