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.

Report: Amazon Nearing Launch of Alexa Paid Tier
Report: Amazon Nearing Launch of Alexa Paid Tier
July 23, 2024  |  Amazon

Amazon reportedly plans to launch a paid tier of Alexa as soon as this month. The paid tier will offer a version of the voice...

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Global Freight Recession Drives UPS Profits Down by Over 30%
Global Freight Recession Drives UPS Profits Down by Over 30%
July 23, 2024  |  Earnings

Softened pricing, heightened labor cost, and a freight demand pullback are battering the shipping sector. And add to that dynamic operating landscape the recent delays...

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Unlocking Loyalty’s Potential: How Product-Market Fit Drives Program Success
Unlocking Loyalty’s Potential: How Product-Market Fit Drives Program Success
July 23, 2024  |  Loyalty & Rewards

Achieving success with loyalty programs often proves elusive for brands that prioritize the wrong elements. The concept of product-market fit, widely discussed in entrepreneurial circles,...

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CrowdStrike Outage Hits Amazon at a Key Moment for Shopper Loyalty
CrowdStrike Outage Hits Amazon at a Key Moment for Shopper Loyalty
July 22, 2024  |  Amazon

With the CrowdStrike outage having come just one day after the close of Amazon’s blockbuster Prime Day event, the eCommerce giant could see the outage...

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i2c and Beyon Money Launch Corporate Card Partnership
i2c and Beyon Money Launch Corporate Card Partnership
July 22, 2024  |  Partnerships

Digital banking/payments firm i2c has launched a partnership with Beyon Money Business. The collaboration, announced Monday (July 22), will see the firms launch a corporate expense card program for 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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Retailers Woo Paycheck-to-Paycheck Parents With Back-to-School Deals
Retailers Woo Paycheck-to-Paycheck Parents With Back-to-School Deals
July 22, 2024  |  Retail

As budget-strapped consumers seek deals to help alleviate the financial burden of their back-to-school shopping, brands are rolling out lower-priced and/or discounted goods to win...

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Navigating Change: Insights From Kenneth Cole and Nuts.com
Navigating Change: Insights From Kenneth Cole and Nuts.com
July 19, 2024  |  Retail

Earlier this month at The Lead Summit in New York City, Jed Berger, president of apparel company Kenneth Cole Productions, and PJ Oleksak, CEO of...

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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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