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What’s Hot This Week In Ecommerce (Industry Updates You Shouldn’t Miss)

Author

Akhil Nair
July 14, 2024

What’s Hot This Week In Ecommerce Industry Updates You Shouldn’t Miss

🪩1 in 4 Consumers Want to Be Entertained While Shopping

Consumers are increasingly seeking entertainment while they shop.

According to a new study, nearly 1 in 3 consumers use their connected devices for leisure or entertainment while shopping.

This trend is driving retailers like Walmart and Zara to create more immersive shopping experiences. Walmart’s gamified marketplace, Walmart Realm, and Zara’s live-shopping broadcasts are just a couple of examples of how retailers are evolving to meet this demand.

The Cyborg Shopper
Is It the Future or Just a Blip?

Imagine paying for your groceries with a wave of your hand—no wallet, no smartphone, just a microchip implant.

While it sounds futuristic, it's becoming a reality for a small group of tech-savvy consumers. Walletmor is pioneering pay-by-hand technology, building on the popularity of contactless payment systems.

While early adopters hail the convenience and futuristic appeal, widespread adoption faces hurdles like security, health risks, and privacy concerns.

Target Bolsters In-Store Experiences
to Compete With Online Marketplaces

Facing fierce competition from online giants, Target is doubling down on its in-store experience to stay relevant.

Strategic Partnerships

Through strategic partnerships with brands like Ulta Beauty and Marks & Spencer, Target is enhancing its product offerings and creating unique in-store experiences.

Collaboration with Starbucks

Their curbside pickup collaboration with Starbucks is a hit, combining convenience with the joy of a favorite beverage.

Generative AI Tools Drive 30% Increase in eCommerce Orders

Alibaba is using generative AI to improve its international e-commerce business.

From providing translations to negotiating refunds, Alibaba's AI tools have significantly increased efficiency and customer satisfaction.

Internal tests showed a 30% increase in orders for merchants using these AI applications. With 500,000 sellers already benefiting from these tools, Alibaba is setting a new standard for how AI can transform e-commerce operations.

Discover how XENA is helping Amazon brands sell faster using AI and data by reading our case studies

Customer Success Stories

Growth powered by AI and data.

xenaintelligence.com/customer-success-story

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