As shoppers increasingly purchase auto parts from third-party online marketplaces such as Amazon and eBay, retailers and eCommerce merchants specializing in the category are seeing sales declines. In Q1 of this year, CarParts.com’s net sales dropped 5% year over year, and the company’s net loss...
Online marketplaces are reportedly deploying artificial intelligence (AI) to deliver a personal shopper-like experience to their visitors. EBay, Etsy and ThredUp are among the online marketplaces now leveraging AI technology to enhance the shopping experience for both buyers and sellers, the Wall Street Journal (WSJ) reported Friday (May 3). With AI, they...
EBay’s gross merchandise volume (GMV) eked out slight gains in the most recent quarter, but the tally of 131 million active buyers in the quarter was unchanged. And growth may be a longer term story – a year-end story, in fact, amid uneven consumer spending. Investors sent the shares...
EBay has launched an artificial intelligence (AI) enhancement that helps fashion consumers “shop the look.” This feature uses consumers’ shopping history to present them with items and outfits that match their style preferences and are available from sellers on the platform, the company said in...
May 13, 2024
As shoppers increasingly purchase auto parts from third-party online marketplaces such as Amazon and eBay, retailers and eCommerce merchants specializing in the category are seeing sales declines. In Q1 of this year, CarParts.com’s net sales dropped 5% year over year, and the company’s net loss of $6.5 million marked a significant drop from the $1.1 […]
March 22, 2024
As contextual commerce transforms online shopping, social media platforms are seizing the opportunity to integrate purchasing into their platforms. These apps and websites, once just avenues for sharing updates and...
March 06, 2024
As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go when it comes to driving...
August 03, 2023
In the age of digital commerce, consumers have long been searching for more intuitive ways to discover and purchase products. One notable challenge in this process has been the gap...
May 15, 2024
EBay has unveiled a new “resell on eBay” feature designed to make it easier for brands and consumers to list clothing on the online marketplace. The new feature will be built into Certilogo’s Secure by Design digital ID, accessible by scanning a connected product’s smart label, and will enable users to list clothing on eBay with a […]
May 03, 2024
Online marketplaces are reportedly deploying artificial intelligence (AI) to deliver a personal shopper-like experience to their visitors. EBay, Etsy and ThredUp are among the online marketplaces now leveraging AI technology to enhance the shopping experience...
April 09, 2024
EBay has launched an artificial intelligence (AI) enhancement that helps fashion consumers “shop the look.” This feature uses consumers’ shopping history to present them with items and outfits that match...
February 11, 2024
Tech firms have cut 34,000 jobs so far this year amid new investments in technology. A total of 141 companies have cut staff this year as of Sunday (Feb. 11),...