Commerce

Commerce or e-commerce, or electronic commerce, and how it has impacted the traditional methods of buying and selling goods.

Source: searchcio.techtarget.com

Brands Focus on Post-Purchase Innovations to Foster Customer Loyalty
Brands Focus on Post-Purchase Innovations to Foster Customer Loyalty
August 20, 2024  |  Retail

As competition for customer loyalty grows fiercer, brands are sharpening their focus on the post-purchase phase — a critical yet frequently neglected part of the...

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AI Explained: Reinforcement Learning and How It Shapes Commerce
AI Explained: Reinforcement Learning and How It Shapes Commerce
July 22, 2024  |  artificial intelligence

At a bustling Amazon warehouse, robots weave through aisles, selecting items for shipment with increasing speed and accuracy. These aren’t pre-programmed machines but artificial intelligence...

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Personalized Luxury: The Key to Winning Wealthy Shoppers
Personalized Luxury: The Key to Winning Wealthy Shoppers
July 19, 2024  |  Retail

In an era where luxury is becoming increasingly defined by personalization, wealthy consumers are demanding that brands innovate, tailoring their offerings to match their individual...

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Big-Ticket Retail Sales Take Hit in June
Big-Ticket Retail Sales Take Hit in June
July 16, 2024  |  Consumer Finance

A flat June reading for retail sales can be a tossup in terms of getting a sense of how the consumer is faring. The data...

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Malls Add EV Chargers to Woo Affluent Shoppers With Spare Time
Malls Add EV Chargers to Woo Affluent Shoppers With Spare Time
July 12, 2024  |  Retail

Around the world, malls are adding new electric vehicle (EV) charging stations to attract the high-income shoppers who own them and to get them to...

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Paris Olympics Draws 18% More Sponsor Spending Than 2021
Paris Olympics Draws 18% More Sponsor Spending Than 2021
July 12, 2024  |  Retail

U.S. companies are reportedly looking to this summer’s Paris Olympics to put them ahead of their competitors. Event sponsors have spent 18% more on the...

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Signet Jewelers Cultivates Customer Loyalty Through Service
Signet Jewelers Cultivates Customer Loyalty Through Service
July 12, 2024  |  Retail

Signet Jewelers, the world’s largest diamond retailer, faces a distinct challenge in creating customer loyalty. Unlike frequently purchased consumer goods, jewelry purchases tend to be...

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Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
Walmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
July 12, 2024  |  Retail

As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation...

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Apple and Samsung’s AI Features May Be Boon for Mobile Commerce
Apple and Samsung’s AI Features May Be Boon for Mobile Commerce
July 11, 2024  |  artificial intelligence

Artificial intelligence (AI) features in new smartphones from Samsung and Apple signal a shift that could alter user interactions and mobile commerce. Samsung set the...

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