Tech in E-commerce

Tech in E-commerce

Etsy Unveils AI-Powered Gift Mode™ to Personalize the Gifting Experience - 1392x783

Etsy Unveils AI-Powered Gift Mode™ to Personalize the Gifting Experience

Key features of Gift Mode include the use of machine-learning technology to match gifters with special and unique items from Etsy sellers, categorized by over 200 recipient personas.

Jan 30, 2024

Funding Roundup: BuyEazzy, Vortexa, EVIFY and Others Secure Fresh Capital - 1392x783

Funding Roundup: BuyEazzy, Vortexa, EVIFY and Others Secure Fresh Capital

It has been a great start to 2024 for startups in the e-commerce, logistics, and supply chain spaces. Check out 6 of their amazing achievements: BuyEazzy, Vortexa, EVIFY, D-Orbit, Bosta and Konvy.

Jan 19, 2024

Victoria's Secret Partners With Google Cloud to Create AI-Powered Shopping Experiences - 1392x783

Victoria's Secret Partners With Google Cloud to Create AI-Powered Shopping Experiences

This collaboration marks the beginning of an exciting journey for Victoria’s Secret & Co. and Google Cloud as they strive to leverage cutting-edge technologies for a more intuitive, seamless, and welcoming shopping experience.

Jan 17, 2024

Walmart Partners With Zipline and Wing to Bring Drone Delivery to Millions More Texans - 1392x783

Walmart Partners With Zipline and Wing to Bring Drone Delivery to Millions More Texans

The expansion spans over 30 towns and municipalities in the DFW metroplex, marking a significant milestone as the first time a U.S. retailer provides drone delivery to such a large number of households in a single market.

Jan 11, 2024

Japanese E-Commerce Giant Mercari to Allow Bitcoin Payments - 1392x783

Japanese E-Commerce Giant Mercari to Allow Bitcoin Payments

The decision to accept Bitcoin payments reflects Mercari's commitment to staying ahead of the technological curve and offering users diverse payment options.

Jan 09, 2024

Olsam Group Expands E-Commerce Dominance in Europe with Acquisition of Dwarfs - 1392x783

Olsam Group Expands E-Commerce Dominance in Europe With Acquisition of Dwarfs

With a portfolio of category-leading ecommerce brands, the combined company is poised to surpass $100 million in annual revenue by 2024.

Jan 05, 2024

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Emerging Tech in E-Commerce & Retail

Retail technology improves operations

With the increased competition in the e-commerce industry, there is a greater pressure on firms to invest in technology and stay on top of the current trends in e-commerce technology. Retail technology refers to the digital tools and innovations utilized by retailers to manage their supply chain operations. Many retailers have reported the great benefits of technology in e-commerce. Such tools not only help retailers manage capacity, but also improve customer experience and increase production with tech.

Emerging technologies in e-commerce

The pandemic-induced e-commerce boom has forced businesses to review their offerings and adopt emerging technologies in e-commerce.. New technologies for the retail industry include the deployment of chatbots, personalized shopping experience with artificial intelligence and virtual reality-based shopping.

Social commerce drives e-commerce

Social commerce is the convergence of social media and e-commerce, where social media platforms become a marketplace for retailers to sell products and services. This is an emerging trend in retail that has gained momentum in many countries over the course of the pandemic. Firms have begun to develop modern retail technology tools and platforms to make social commerce accessible for both businesses and customers. One of them is Meesho, an e-commerce startup that is reinventing the social commerce space with the launch of its fully integrated e-commerce software in the form of a mobile app.

E-commerce technology trends

The COVID-19 pandemic has accelerated e-commerce growth years into the future, which in turn fueled the development of new technologies for the retail industry. It is imperative for brands to invest in technology and stay on top of the latest e-commerce technology trends if they are to remain competitive in the ever-changing retail landscape. Some of the emerging technologies in retail include mobile wallets, product customization, augmented and virtual reality. There are plenty of benefits of technology in e-commerce, such as improved retail operations, greater customer retention and improved customer experience.