Thu.Jul 25, 2024

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NPS Q&A Part 1: Controversy, Fit And Alternatives

Forrester eCommerce

Net Promoter Score (NPS) reminds me of the apricot tree on the side of our house. It sometimes disappoints us – like this year when it carried exactly one (!) fruit.

Customer 411
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Exclusive: Automated Voice Agents are Hurting Customer Retention

Retail TouchPoints

Everyone’s been there — you try your mightiest to get the machine on the other end of the phone to understand what you need, until you give in to frustration and just begin to scream “representative.” Generative AI was supposed to change all that — with this magical new technology, automated voice agents were going to be smarter, more responsive and, most importantly, more accurate.

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Revolut Secures Its Banking License – Crowning A Decade Of Digital Banks

Forrester eCommerce

Digital banks are gaining traction among consumers, globally. Learn what incumbent banks should do to compete.

Banking 415
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Level Up Your Retail Loyalty Strategy with Smart Gamification

Retail TouchPoints

As the retail landscape has become increasingly digital, gamification has evolved from a cool trend to a proven strategy. In fact, a 2023 report estimated the size of the gamification market as more than $10 billion, with the retail industry accounting for nearly a third of that market. It’s clear: Gamification is redefining how retailers engage with customers by making every interaction fun and rewarding.

Retail 278
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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

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Salesforce makes moves into back office with a strategic Workday partnership

Forrester eCommerce

Salesforce and Workday announced a strategic partnership to blend customer, financial and employee data in a shared data foundation that negates the need to duplicate data or build custom integration. The result? Optimized employee and customer experiences that up-level business outcomes for joint Salesforce-Workday customers. The strategic objective?

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Sam’s Club Brings Advertising to App-Based Scan & Go Checkout Experience

Retail TouchPoints

The Sam’s Club Member Access Platform (MAP) , the retailer’s media network, is launching display ads in the Scan & Go mobile checkout experience, with the aim of reaching consumers closer to their point of decision. Scan & Go, part of the Sam’s Club app, allows members to use their mobile devices to scan items as they shop in-club, complete payment and skip the checkout line entirely.

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More Trending

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‘You Sunk My Battleship!’: Toys ‘R’ Us Shops to Open at Navy Exchange Stores

Retail TouchPoints

WHP Global has licensed Toys ‘R’ Us shops for two Navy Exchange Service Command ( NEXCOM ) stores, with plans for additional locations in 2025. The shop-in-shops will launch this fall at NEX Oceana in Virginia Beach, Va., followed by the NEX in Jacksonville, Fla. “To better serve our deserving patrons, this launch and newest venture in the toy retail industry is incredibly exciting for our global NEX team,” said Richard Honiball, EVP, Global Chief Merchandising and Marketing Officer at NEXCOM in

Toys 278
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Viele Umfragen, wenig Wirkung: Forrester-Umfrage 2023 „State of VoC & CX Measurement“

Forrester eCommerce

Die Ergebnisse der Forrester-Umfrage „2023 State of VoC and CX Measurement Practices“ liegen vor. Sie zeigen einige anhaltende Trends - und einige interessante Verschiebungen.

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Dick’s Makes Olympic Play with Team USA Partnership, Plans to go for Gold at 2028 Games

Retail TouchPoints

As the Olympics kick off in Paris, Dick’s Sporting Goods has been awarded the title of Official Sporting Goods Retail Provider of Team USA for the 2028 Olympics ( LA28 ), which will be in Los Angeles. Dick’s won’t miss out on this year’s iteration though — the retailer will serve as an Official Supporter of Team USA for both Paris 2024 and Milano Cortina 2026.

Games 276
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Participate in Forrester’s 2024 State of ABM Survey

Forrester eCommerce

Forrester’s biennial State of ABM survey is back, and we’re inviting you to participate! Everyone who completes the survey will gain access to the latest trends regarding the current state of ABM and how their peers are focusing their efforts.

Marketing 243
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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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Michaels Expands Delivery Options via DoorDash and Uber Eats

Retail TouchPoints

Michaels will expand same-day delivery from its 1,200+ stores through new partnerships with DoorDash and Uber Eats. The arts and crafts retailer has offered same-day delivery via Instacart since April 2021. Additionally, Save a Lot now has 400 of its supermarkets live on the DoorDash Marketplace, offering deliveries in under one hour, on average. The retailer plans to support SNAP/EBT payment capabilities on DoorDash later this year for on-demand delivery of SNAP-eligible groceries.

Supplies 263
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Learnings From Our Cloud Cost Management Forrester Wave, Q3 2024

Forrester eCommerce

At long last, the The Forrester Wave™: Cloud Cost Management And Optimization (CCMO), Q3 2024 is published! The process is incredibly long and thorough. We go through hours long briefings, customer calls, and perform multiple iterations on scoring. Vendors go through the same.

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FastSpring Levels Up Your Game Monetization at devcom & gamescom 2024!

FastSpring

Get ready to level up your game’s revenue potential at devcom and gamescom 2024! The video gaming world is converging on Cologne this August, and FastSpring is ready to level up your game monetization strategy. As a global D2C payment platform for video games, we’re excited to be on site at both events to show how we can help you streamline payments, boost sales, and go direct-to-consumer (D2C) without sacrificing convenience. devcom: Level Up Your Monetization Strategy Join us at Bo

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NPS Q&A Part 2: Financial Linkage, Targets, Benchmarking

Forrester eCommerce

I compared Net Promoter Score (NPS) to our apricot tree in my blog NPS Q&A Part 1: Controversy, Fit And Alternatives: Both sometimes disappoint but both have been around for a while, our landlords (your execs) have the final say on using it, and replacing either is a bet with an uncertain outcome.

Blog 243
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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Cyber Week, Cyber Monday, and Black Friday Trends:

Salsify

Black Friday originated in the U.S. and has since spread to other countries, including the U.K., Australia, Canada, and Germany. Black Friday trends and success also spurred the creation of other holiday shopping events, notably Cyber Monday and Cyber Week.

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Wasn’t Generative AI Supposed To Disrupt Business Intelligence?

Forrester eCommerce

Generative AI was supposed to disrupt how we analyze data using BI tools. Find out why that hasn't happened yet.

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Saks Global confirms layoffs

RetailDive

The HBC-owned business is prepping for its takeover of rival Neiman Marcus Group, which includes Bergdorf Goodman, a spokesperson said Wednesday.

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Converging Platforms for Greater Efficiency: The Rise of Revenue Marketing Platforms

Forrester eCommerce

As someone who has spent years analyzing and covering the B2B marketing technology landscape – first as a buyer and user and now as a Forrester analyst — I’ve witnessed firsthand the challenges marketing organizations face with maintaining separate engagement platforms.

Marketing 195
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4 Best Practices for Ensuring Success in International Markets Ahead of Peak Season

The opportunity for e-commerce merchants in international markets is immense. Data indicates that when international options are available at checkout, merchants see up to 20-60% higher cart conversion and a 128% higher gross merchandise value (GMV) than domestic orders. However, while the opportunities are significant, so are the risks. Without careful planning and strategic partnerships, merchants may face challenges, including high shipping costs, complex customs regulations, and unexpected p

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Conn’s HomePlus Files for Bankruptcy After 134 Years

RetailWire

Conn's HomePlus has announced that it has filed for Chapter 11 bankruptcy protection and will be closing nearly half of its 170 nationwide stores.

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New Ecommerce Tools: July 25, 2024

Practical eCommerce

This week: AI-powered customer service agents, post-purchase platforms, logistics, research resources, payments, and financing for ecommerce businesses. The post New Ecommerce Tools: July 25, 2024 appeared first on Practical Ecommerce.

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Ratings Rule: Strategies for Managing and Improving Online Reviews to drive Digital Shelf Success

Wiser

In the competitive world of e-commerce, maintaining a strong presence on the digital shelf is crucial for brands looking to attract and retain customers. One of the most impactful factors influencing consumer purchasing decisions is online ratings and reviews. Bad ratings, negative reviews, or products with zero reviews can significantly hurt sales.

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Hasbro revenue falls 18% as profits improve

RetailDive

The toy manufacturer, which is reportedly considering a takeover of rival Mattel, said sales fell 6% excluding the sale of its eOne film and TV unit.

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A Blueprint for B2B Commerce

In the B2B space, digital expectations are higher than ever. Consumer platforms have made online experiences incredibly user-friendly and efficient, adding pressure for businesses to follow suit to meet the expectations of the modern B2B buyer. Take inspiration from B2C commerce strategies and adapt them for B2B digital interactions. Learn to create engaging and well-crafted consumer shopping experiences with insights and tools from Orium’s report, A Blueprint to B2B Commerce.

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Amazon’s Direct-from-China Plan Criticized

Practical eCommerce

Amazon aims to compete with low-cost, China-based providers. Observers say the move is counterproductive. The post Amazon’s Direct-from-China Plan Criticized appeared first on Practical Ecommerce.

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SheerID Expands APAC Presence, Enabling Leading Brands to Acquire Gen Z Audiences with Gated, Exclusive Offers

SheerID

SheerID Strengthens APAC Footprint with Local Support and Sales, Participates in ETRetail E-Commerce & Digital Natives Summit 2024

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Flamin’ Hot Cheetos ‘Inventor’ Is Suing Frito-Lay. Here’s Why

RetailWire

The Flamin' Hot Cheetos "inventor" says there's a "smear campaign" against him.

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Estée Lauder controller lands CFO seat amid restructuring

RetailDive

Akhil Shrivastava, a nine-year company veteran, understands “the levers the company can pull to revive growth,” Morningstar analyst Dan Su writes.

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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Retailer has lottery terminal suspended in row over damaged winning ticket

TalkingRetail

A former National Lottery Retailer of the Year has had his terminal suspended in a row over a damaged winning ticket.

Retail 105
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Albertsons and Kroger Pause Merger

RetailWire

Albertsons and Kroger have been in talks to merge since October 2022, however, the deal has faced many challenges.

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Inside American Eagle’s ‘Live Your Life’ brand platform and fall campaign

RetailDive

Chief Marketing Officer Craig Brommers explains how the retailer is giving fresh energy to a 20-year-old slogan to reach Gen Z.

Marketing 105
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Stellantis CEO Warns Money-Losing Brands Will Be Axed 

RetailWire

The statement comes as the company moves to fix weak margins and high inventory at its U.S. operations.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!