Cyber 5 / Next Commerce News

Some of the headlines in today’s podcast: Online grocery sales projected to reach almost $120b by 2028 Amazon introduces Freevee and offers grocery subscription to Prime Walmart makes Roblox history with ‘real-world’ sales Best Buy debuts Apple Vision Pro app Amazon sets new shipping speed records in Q1 2024 and is returning with its Prime Day event for July Gopuff debuts 'Powered by Gopuff&#3...

Some of the headlines in today’s podcast: Google introduces new tools using AI for image generation and virtual try-on features Amazon rolls out Amazon One palm recognition app Ghiradelli optimizes visual e-commerce content with AI Amazon completes $4 billion investment in generative AI developer and is integrating Nvidia's new Blackwell GPU platform into AWS Uber expands autonomous delivery w...

Some of the headlines in today’s podcast: Target to launch paid membership program to rival Amazon Prime, Walmart+ Grocers see loyalty programs (even before membership) as make or break. E.l.f. Cosmetics launches ‘your best e.l.f’ experience on Apple Vision Pro and expands loyalty program with data and gamification Amazon to launch ‘special store’ for value fashion in India Amazon Fresh launches R...

Some of the headlines in today’s podcast: Amazon announces Rufus, a new gen AI conversational shopping experience Kroger and GE let shoppers load their online grocery cart with shoppable recipe ingredients from an oven Sam’s Club to bring AI-based receipt verification technology into clubs Instacart plans to gamify omnichannel shopping by letting smart cart users earn rewards the way players do in...

Some of the headlines in today’s podcast: 2023 was a record- breaking holiday season for eCommerce Two-thirds of consumers planned to shop Amazon for holiday needs Target and Shipt supported holiday shoppers with AI tools by forecasting product demand, AI-powered search function and order tracking tool Reebok has launched a partnership with Futureverse, meanwhile Adidas launches digital products o...

Some of the headlines in today’s podcast: Shoppers spent record $76.8B online this autumn Cyber Monday hits new online spending record of $12.4 billion Walmart is widening the gap with Amazon in grocery eCommerce Simon introduces AI-driven holiday shopping tool Walmart to debut shoppable holiday 'RomCom' ad series on social media Pinterest Opens First Pop-Up Store To Feature Its Shoppable...

Some of the headlines in today’s podcast: Amazon’s Prime Big Deal Days helps October online spending break records Home Depot launches its own mini-series Best Buy launches livestream holiday shopping series Amazon pilots collaborative mobile shopping feature Klarna adds AI-driven shopping lens to app Walmart app to bring virtual makeup try-on to customers Amazon offering One Medical benefits for...

Some of the headlines in today’s podcast: Adobe Analytics predicts this year’s online holiday sales between Nov. 1 and Dec. 31 will reach $221.8 billion, a 4.8% bump from last year. Results from Amazon’s October Prime Big Deal Days event suggest the promotion is a success for Amazon. Amazon’s Prime Video Series Virtual Campus Store Launch. Walmart is eyeing generative AI-powered experiences includ...

Some of the headlines in today’s podcast: Walmart’s e-grocery sales share hits record high. The retailer accounted for nearly 36% of all U.S. online grocery sales in Q2, up 5% from the same period in 2022. Home Depot creates content hub for new homeowners. Luxury skin wellness brand Elemis has partnered with Perfect Corp. on an artificial intelligence-driven skin diagnostic experience. DoorDash is...

Some of the headlines in today’s podcast: Amazon is hosting an October 2023 shopping promo called Prime Big Deal Days for Prime members across 19 countries including the U.S. and Canada. Walmart leverages Roku for curated celebrity campaign and expands mobile AR shopping capabilities. 7-Eleven redesigns its mobile app for easier accessibility and debuts digital NFT collectibles. Albertsons adds nu...

Some of the headlines in today’s podcast: 2023 Prime Day looks promising: an early read of Prime Day 2023 shows the average order size was $54.05, up from $52.26 in the same reporting period on Prime Day 2022. Nearly two- thirds (65%) of households shopping Prime Day placed 2+ separate orders, bringing the average household spend to roughly $155.67. Who spends the most on Amazon? Alabama emerged a...

Some of the headlines in today’s podcast: Despite eCommerce Push, 87% of Grocery Transactions Occur in Stores. DoorDash is kicking off its fourth annual “Summer of DashPass” promotion. Instacart will pilot a feature for customers that lets them select their favorite personal shoppers to fulfill online orders. A new survey of more than 1,000 Prime members from performance marketing firm Tinuiti rev...

Some of the headlines in today’s podcast: Amazon has debuted Amazon Anywhere, a new shopping tool that allows users to make purchases within games and apps. Firework and The Fresh Market plan to pilot an automated platform that can respond to shopper questions post watching livestreamed videos. Coty Inc. plans to launch Coty Campus, an internal virtual environment for its 11,000 employees. Klarna’...

Some of the headlines in today’s podcast: The Consortium to Reinvent the Retail Bag launched a pilot to test a returnable retail bag deposit model. Mercari, the secondhand goods marketplace, debuted Merchat AI, a shopping assistant that uses the artificial intelligence software ChatGPT. Walmart winds down Roblox play as metaverse lands in privacy crosshairs. Building upon its in-store lab concept,...

Some of the headlines in today’s podcast: Online grocery shoppers have declared which retailer provides their most preferred e-commerce experience: Walmart received the top ranking, Amazon Fresh followed at #2. The Fresh Market has introduced a digital-only magazine with interactive shopping features. Instacart launches updates to digital solutions under its Instacart Platform, noting that the new...

Some of the headlines in today’s podcast: Online retail sales surpassed $1 trillion last year “for the first time in history”. Online grocery sales projected to grow 11.7% over the next five years. A DTC cosmetics brand, Buxom Cosmetics, running a six-month metaverse promotion called “Buxom PlumpVerse,” taking a hybrid approach to metaverse commerce, which involves bringing users into the metavers...

Some of the headlines in today’s podcast: Holiday e-commerce sales broke records in 2022 The use of digital technologies by both shoppers and grocery store associates are forecast to increase in 2023, but improvements are necessary if retailers are to maximize performance. Walmart has launched a free Text to Shop functionality, focusing on providing convenience for any Walmart customer who has an...

Some of the headlines in today’s podcast: Cyber Monday Drove $11.3 Billion in Online Spending, Breaking E-Commerce Record TikTok pilots in-app commerce in the U.S., as TikTok’s parent company, China-based ByteDance, attempts to establish a robust livestream shopping business in the U.S.  Putting itself in competition with apps like TikTok and Instagram where influencers promote products, Amaz...

Some of the headlines in today’s podcast: Digital commerce extends way beyond online sales. Before the pandemic, 51% of sales were influenced by digital shopping tools, today 60% are, by 2027 it will be 70%. What is the reason for high digital influence and how it varies across the categories? Prime Early Access sales results: while Bank of America estimated Amazon's October Prime Early Access sal...

Some of the headlines in today’s podcast: Retailers are offering early holiday deals with Amazon holding its Prime Early Access Sale, while Walmart is hosting its "Rollbacks and More" saving event. Walmart is diving into virtual spaces with the launch of two Roblox experiences, a new digital collectible platform, known as AutoT, in collaboration with NECA (National Entertainment Collectibles Assoc...

Some of the headlines in today’s podcast: Prime Exclusive Discounts for Amazon's Fall Prime Day are now available for submission. And even more submissions are now available on VC. Amazon has become "Google" of Product Searches, with 61% of consumers beginning their product hunt on the retailer's website.  Walmart has launched new initiatives, including partnership with Paramount Global and W...

Prime members purchased more than 300 million items worldwide during Prime Day 2022, the most in Amazon’s history, with total U.S. online spending across retailers reaching $11.9 billion, representing 8.5% growth.  Instacart rolls out personal shopper rewards program, as a way to recognize top shoppers with impactful incentives that help them stand out, improve their access to earnings a...

In this episode, we explore  How retailers are looking to shake things up and find innovative new ways to inspire customer loyalty; The ways retailers are embracing AR technologies to reimagine the digital shopping experience with virtual storefronts; How retailers speed up their omnichannel order fulfillment; What companies are doing in the metaverse; How businesses are experimenting with li...

Some of the headlines in today’s podcast: Soaring merchandise stockpiles and record high transportation and fuel costs prompted Target to cut its outlook for operating profit to about 2% of sales this quarter. It is also looking to right-size its inventory, meaning marking down more merchandise and canceling orders from vendors. Meanwhile, Walmart is looking to transform its supply chain network a...

This month, we delve into how eCommerce fits into retail's post-pandemic future.  Which customer retention strategies work?  What does it take to win the last-mile sprint?  How forward-thinking retailers try to make themselves future-ready and differentiate themselves from competitors?  What is fuelling growth in D2C and where is the sector heading in 2022?  These and much...