ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.
Three-Quarters of Subscription Merchants Offer Flexible Plans
Three-Quarters of Subscription Merchants Offer Flexible Plans
December 04, 2023  |  Subscriptions

As subscription merchants look to meet consumers’ evolving expectations, flexible plans are becoming an industry standard. By the Numbers The recent PYMNTS Intelligence study “The...

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Should Brands and Retailers Go All-In With High Spenders? 
Should Brands and Retailers Go All-In With High Spenders? 
December 04, 2023  |  Retail

As the global economy navigates the twists and turns of inflation, brands and retailers are at a checkout counter of decisions: which aisle to stroll...

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Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to Shop
Cash Not King in India as More Than 50% of Shoppers Use Digital Wallets to...
December 04, 2023  |  Mobile Wallets

India, traditionally reliant on cash, embarked on a digital payments journey 15 years ago. The process was marked by key milestones like the introduction of...

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Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
December 02, 2023  |  Retail

As the festive season sleighs in and inflation plays Scrooge, one can’t help but wonder: Are folks still decorating their homes with real Christmas trees? ...

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Report: OpenAI Says It Will Delay GPT App Store Launch to Early 2024
Report: OpenAI Says It Will Delay GPT App Store Launch to Early 2024
December 01, 2023  |  Artificial Intelligence

OpenAI has reportedly delayed the opening of its custom GPT store.  The store was announced in November and was to launch later that month, but it...

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Retailers Raise Annual Forecasts After Strong Black Friday Sales
Retailers Raise Annual Forecasts After Strong Black Friday Sales
December 01, 2023  |  Retail

Retailers are reportedly expressing optimism for the holiday season sales following stronger-than-expected figures during Black Friday and Cyber Monday.  The heavy discounts offered during these...

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Syrup Raises $17.5 Million to Expand AI-Powered Inventory Forecasting Platform 
Syrup Raises $17.5 Million to Expand AI-Powered Inventory Forecasting Platform 
December 01, 2023  |  Investments

Syrup has raised $17.5 million in a Series A round to expand its artificial intelligence (AI)-powered platform that helps brand optimize their inventory for omnichannel commerce. ...

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Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
Consumers Take Advantage of Deals, BNPL as Holiday Shopping Kicks Off
December 01, 2023  |  Retail

Despite economic uncertainty, consumers have been spending in the week after Thanksgiving to complete a portion of their holiday shopping and take advantage of the...

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Express CEO Admits Product Assortment Failed to Connect With Customers
Express CEO Admits Product Assortment Failed to Connect With Customers
December 01, 2023  |  Retail

This quarter, fashion retailer Express is looking at merchandise discounts to draw in more shoppers.  During the latest earnings call, CEO Stewart Glendinning acknowledged the retailer’s...

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