WHY IT MATTERS: Digital Transformation
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Survey of Quebec households confirms predictions we've heard since 2000: digital is #mobile for everything (web, #ecommerce, games, videos, ...) @atn_ulaval @cbourget 

Survey of Quebec households confirms predictions we've heard since 2000: digital is #mobile for everything (web, #ecommerce, games, videos, ...) @atn_ulaval @cbourget  | WHY IT MATTERS: Digital Transformation | Scoop.it

La popularité des services payants de visionnement en ligne a dépassé pour une première fois celle des services de télévision par câble ou fibre optique dans les foyers québécois. L’enquête intitulée Portrait numérique des foyers québécois révèle en effet que 71 % des adultes québécois sont abonnés à au moins un service payant de visionnement en ligne tel Netflix, Amazon Prime ou Disney+ alors que 66 % sont abonnés à un service de télévision par câble ou fibre optique. L’enquête rapporte que le taux d’abonnement à un service de télévision par câble ou fibre optique a diminué de 6 points de pourcentage au cours de la dernière année et de 13 points de pourcentage depuis 2018.

Farid Mheir's insight:

WHY IT MATTERS: useful survey from ATN on digital adoption in QUEBEC. For context (and a good laugh) see this presentation from Sergei Brin of Google in 2000 at Wireless World.

https://www.wired.com/2014/05/brin-mobile-2000/ 

This was the basis for their acquisition of Rubin in 2005.

https://en.wikipedia.org/wiki/Andy_Rubin

 

Interesting question: what technology are we hearing about today that will actually be everywhere in 20 years? blockchain? VR? AR? metaverse? quantum? Pretty tough to predict. I put my money on blockchain + AR.

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Look back at #eCommerce in 2021 by @AdobeCommerce provides useful links

Look back at #eCommerce in 2021 by @AdobeCommerce provides useful links | WHY IT MATTERS: Digital Transformation | Scoop.it

With the table thus set for the continued importance of online shopping, it’s an ideal time to start planning your annual eCommerce strategy. Our recommendation is that whether you experienced success in 2021 or need to go back to the drawing board, the road to improvement lies in effectively using the experiences and data of the previous year.

Farid Mheir's insight:

WHY IT MATTERS: a biased look back at eCommerce in 2021 by Adobe. Nevertheless useful for all the links in the post.

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11 Imperatives When Building an Enterprise Marketplace  @Gartner @Mirakl #eCommerce 

11 Imperatives When Building an Enterprise Marketplace  @Gartner @Mirakl #eCommerce  | WHY IT MATTERS: Digital Transformation | Scoop.it

In this report, Gartner explains the role of marketplace solutions and describes 11 technical and operational imperatives for organizations to consider.

Farid Mheir's insight:

WHY IT MATTERS: marketplaces are the new way to eCommerce. They are the same but yet so different. This is a good starting place to know why.

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Magento Open Source VS Commerce Features & Pricing Comparison #eCommerce #retailTech

Magento Open Source VS Commerce Features & Pricing Comparison #eCommerce #retailTech | WHY IT MATTERS: Digital Transformation | Scoop.it

To evaluate which edition is best for your business, we highlighted the key differences between Magento Open Source and Adobe Commerce on various parameters such as business size, cost, features and support.

Farid Mheir's insight:

WHY IT MATTERS: acquisition of magento by Adobe has taken a few years to integrate but it seems that the process is over. This comparison is quite high level but provides good insights to get started. The net-net: magento ain't your open source project anymore and has moved into the corporate grade solution, with the good (support, features, integration to Adobe portfolio, ...) and the bad (pricing, inflexibility, ...) that comes with it.

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Can Apple change ads the way it changed music and games? —

Can Apple change ads the way it changed music and games? — | WHY IT MATTERS: Digital Transformation | Scoop.it

20 years ago Apple seized music, and turned it into a lever for its broader business. It failed to do the same to TV, and lost control of music, but won massively in games, where it now makes more money than the entire global digital music industry. Now, perhaps, it’s looking at advertising.

Farid Mheir's insight:

WHY IT MATTERS: the end of 3rd party cookies will impact advertising the most. This chart highlights the 50% of revenues that go to different players (including 15% unknown!). What irritates me most is the 7% to agencies that, unfortunately, seem to do very little to earn that amount in my experience...

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2021 #RetailTech - stores will include #liveStreamShopping studios as the stores becomes less of a warehouse and more of a #hyperlocal destination and a broadcast center for the web via @PerchExper...

2021 #RetailTech - stores will include #liveStreamShopping studios as the stores becomes less of a warehouse and more of a #hyperlocal destination and a broadcast center for the web via @PerchExper... | WHY IT MATTERS: Digital Transformation | Scoop.it

We won’t just connect the local online shopper to the local store, but also the local store to the online shopper. Content will increasingly become hyperlocal. Beauty Counter last month announced it was opening a live streaming studio in the back of its retail shop, clever use of retail space in a real estate market desperately looking for new uses of it.

Farid Mheir's insight:

WHY IT MATTERS: makes sense, turn your store into a broadcast studio and use your personnel to liveStreamShop to clients on the web and serve customers that drop in locally. The store reclaims a purpose, from a mini-warehouse to a service destination and broadcast center. This will require high bandwith, wifi or 5G and clienteling tools for vendors to answer client's questions about products, service or their orders. Fun times ahead.

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The Forrester Wave B2B Commerce Suites, Q2 2020

The Forrester Wave B2B Commerce Suites, Q2 2020 | WHY IT MATTERS: Digital Transformation | Scoop.it

Key Takeaways: Forrester's research uncovered a market in which Adobe and Salesforce are Leaders; commercetools, Oracle, Intershop Communications, Insite, BigCommerce, SAP, and Sana Commerce are Strong Performers; and Apttus, Elastic Path Software, Unilog Content Solutions, and Episerver are Contenders.

Integration Capability And Business User Experience Are Key Differentiators: As monolithic technology becomes outdated and less effective, the providers that lead the pack demonstrate deep, prebuilt integrations and strong business user tooling. Vendors that deliver this value position themselves to successfully help their clients grow revenue, deepen customer loyalty, and expand into new markets.

Farid Mheir's insight:

WHY IT MATTERS: bear in mind that this list is pre-covid. But with so many retailers looking for solutions I felt this list to be useful. As with all WAVEs, have a big grain of salt and use the reviews , market positioning, etc. to prepare your own evaluations. And don'T discard solutions because they are not on the list. This is for B2B.

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The Forrester Wave B2C Commerce Suites, Q2 2020

The Forrester Wave B2C Commerce Suites, Q2 2020 | WHY IT MATTERS: Digital Transformation | Scoop.it

Key Takeaways: Forrester's research uncovered a market in which Adobe, Salesforce, and commercetools are Leaders; SAP, BigCommerce, Kibo Commerce, and Oracle are Strong Performers; Episerver and Elastic Path Software are Contenders; and Sitecore is a Challenger.

Business User Experience Drives Key Differentiators

 

As monolithic technology becomes outdated and less appealing to merchants, the providers that lead the pack will demonstrate deep integrations with both owned and competitive solutions, as well as business user tooling that unifies controls across those solutions and streamlines workflows. Vendors that deliver this value position themselves to successfully help their clients grow revenue, deepen customer loyalty, and expand into new markets.

Farid Mheir's insight:

WHY IT MATTERS: bear in mind that this list is pre-covid. But with so many retailers looking for solutions I felt this list to be useful. As with all WAVEs, have a big grain of salt and use the reviews , market positioning, etc. to prepare your own evaluations. And don'T discard solutions because they are not on the list. This is for B2C.

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Shopify as a Marketplace? or Lightspeed? or WooCommerce?

Shopify as a Marketplace? or Lightspeed? or WooCommerce? | WHY IT MATTERS: Digital Transformation | Scoop.it

One of the questions I see and hear quite often, is, "can Shopify be a marketplace? Like Etsy or Amazon? I want my sellers to have their own controls". So what exactly is the problem here? Shopify is great for eCommerce. Why can't we just hit an Easy button and make it be a marketplace, too, voila??

Farid Mheir's insight:

WHY IT MATTERS: shopify as a marketplace is question I've been asking for months (or any other eCom solution). After all, once you build your own eCommerce website on Shopify, all the components are in place to create a marketplace: products, categories, inventory, etc. After all, a marketplace is nothing more than a superset, a combination of all those individual shops?

Well, not really. A marketplace is more than a collection of products. It is a destination that provides a single user account, consolidated shipping and delivery, a single destination to resolve customer issues. It is a service, not a technology.

Thus, even though Shopify has the *technology* to build a marketplace, it does not (yet?) have the infrastructure to provide the *service* that a marketplace requires.

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This 140 page document is the best reference to understand the anatomy of a #SaaS & subscription pricing strategy

This 140 page document is the best reference to understand the anatomy of a #SaaS & subscription pricing strategy | WHY IT MATTERS: Digital Transformation | Scoop.it

An in-depth guide to understanding and optimizing your recurring revenue pricing strategy.

Farid Mheir's insight:

WHY IT MATTERS: this report is by far the best reference I found to understand the pricing strategy of software as a service and subscription services. Should be mandatory reading to anyone selling online today.

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Digital in 2020: Social Media Marketing & Management Dashboard via @hootsuite @wearesocial

Digital in 2020: Social Media Marketing & Management Dashboard via @hootsuite @wearesocial | WHY IT MATTERS: Digital Transformation | Scoop.it

Comprehensive data and expert insights on the state of the internet, mobile devices, social media, and ecommerce.

Farid Mheir's insight:

WHY IT MATTERS: all the stats you want about the web, split into categories and *regions*. Great reference.

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Gartner Magic Quadrant for Digital Experience Platforms 2020 #DXP positions Adobe, Sitecore, Acquia as leaders - but you have to question whether you need or are ready for such technologies...

Gartner Magic Quadrant for Digital Experience Platforms 2020 #DXP positions Adobe, Sitecore, Acquia as leaders - but you have to question whether you need or are ready for such technologies... | WHY IT MATTERS: Digital Transformation | Scoop.it
A digital experience platform (DXP) is an integrated and cohesive piece of technology designed to enable the composition, management, delivery and optimization of contextualized digital experiences across multi-experience customer journeys.
A DXP can provide optimal digital experiences to a variety of customers, including consumers, partners, employees, citizens and students.
This technology can thrive in a digital business ecosystem via API-based integrations with adjacent technologies.
DXPs are applicable to business-to-consumer (B2C), business-to-business (B2B) and business-to-employee (B2E) use cases.
Farid Mheir's insight:

WHY IT MATTERS: with customer experience journeys and omni-channel integration the primary focus of marketing teams, web content management (WCMS) solutions are growing in scope to become digital experience platforms (DXP). Or so Gartner says. My recommendation is to be very critical as the implementation of those platforms become large-scale projects with impacts across many business units, leading to easier integration but often solutions you may not need or may not implement for years. Sometimes it is better to go with a smaller solution than a full fledged platform to deliver value short term, especially in less mature organizations...

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16 ways to improve #personalization in #retail via @BCG

16 ways to improve #personalization in #retail via @BCG | WHY IT MATTERS: Digital Transformation | Scoop.it

Customers expect a personalized shopping experience. All retailers—even leaders—must advance their capabilities to deliver it.

Farid Mheir's insight:

WHY IT MATTERS: there are things you can do at every level of maturity to improve personalization.

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Optimizing Checkout Login Screen Design discusses the different options that eCommerce designer face to ensure checkout completes via @ecomillustrated

Optimizing Checkout Login Screen Design discusses the different options that eCommerce designer face to ensure checkout completes via @ecomillustrated | WHY IT MATTERS: Digital Transformation | Scoop.it

The goal of checkout’s first step is to successfully move new and returning customers to the next step, and not lose customers due to usability or design problems.

Regardless of the specific design you apply, keep the following best practices in mind:

  • Both new and returning customers should be able to quickly identify their login option above the fold, without scrolling, whether on desktop or mobile (especially returning customers within a “Bypass” checkout)
  • New customers should not be asked to decide between creating an account or using guest checkout (unless saving information in a new account is not possible with the ecommerce platform)
  • Buttons should be clearly labeled with specific text, versus “Continue” or “Checkout”
  • Email should be captured as early as possible in the flow

Of course, there’s flexibility to design (and test designs) for the first step of login. Stay tuned for our upcoming Ecommerce Illustrated chapter on checkout testing tips. Have you subscribed?

Farid Mheir's insight:

WHY IT MATTERS: a great discussion of different options for ecommerce checkout. Also, the website other posts provide additional useful information and discussions, happy to see it come back after a long pause...

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Prepare for the Holiday eCommerce rush with this guide

Prepare for the Holiday eCommerce rush with this guide | WHY IT MATTERS: Digital Transformation | Scoop.it

Ready for unique insights into Canada’s e-commerce holiday landscape – and tips on how to make the most of this 2018 holiday season?

Farid Mheir's insight:

WHY IT MATTERS: holiday season starts with black friday / cyber monday. Companies need to prepare to get their logistics and delivery ready. Some useful insights in this shameless plug from Canada Post...!

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Kleiner Perkins’ Mary Meeker Internet Trends at Code 2018 #mustRead #weekendRead #video #AI #eCommerce

Kleiner Perkins’ Mary Meeker Internet Trends at Code 2018 #mustRead #weekendRead #video #AI #eCommerce | WHY IT MATTERS: Digital Transformation | Scoop.it

"When you have rising monetization, rising growth and rising data collection, it drives a lot of regulatory scrutiny whether it’s related to data privacy, competition or safety in content."

Farid Mheir's insight:

WHY IT MATTERS: this is the annual presentation to level-set everyone on the Internet, mobile, ecommerce, cybersecurity, epayment, personalization, etc. She covers everything and shows that digital transformation is in full swing. Just WOW. Again.

Martin (Marty) Smith's curator insight, December 19, 2018 8:15 AM

Meeker is as close to Nostradamus as we are likely to get. 

Curated by Farid Mheir
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