WHY IT MATTERS: Digital Transformation
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How to Draft and Enforce a Successful Reseller Pricing Policy is an essential read to #eCommerce retailers and manufacturers @Trackstreet

How to Draft and Enforce a Successful Reseller Pricing Policy is an essential read to #eCommerce retailers and manufacturers @Trackstreet | WHY IT MATTERS: Digital Transformation | Scoop.it

TrackStreet is a MAP, UPP, Authorized Dealer, and Resale Policy platform, which enables you to clean your sales channels and drive growth online and off.
TrackStreet leverages artificial intelligence and automation technologies to relentlessly monitor and reduce brand, MAP, and resale pricing violations, enabling explosive multi-channel growth for many of the most recognizable and respected brands across a wide gamut of industries.

Farid Mheir's insight:

WHY IT MATTERS: if your products are sold online you need to leverage tools that ensure the minimum pricing and other policies are respected by your resellers. this ebook provides insights on what to do, myths and pitfalls.

manstele81@gmail.com's curator insight, April 17, 2022 10:46 PM
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Key elements to understand Data Cleaning with useful insights for an often difficult task to automate - best case remains to have clean data at the source #AI #bigData #eCommerce #businessIntelligence

Key elements to understand Data Cleaning with useful insights for an often difficult task to automate - best case remains to have clean data at the source #AI #bigData #eCommerce #businessIntelligence | WHY IT MATTERS: Digital Transformation | Scoop.it

Data cleaning is a massive part of data pre-processing and model building for machine learning algorithms so it's something you can never miss.

Farid Mheir's insight:

WHY IT MATTERS: data is essential for AI but also all kinds of business intelligence and analytics in the "traditional" world of eCommerce for example. The post brings up some of the elements to consider when planning to cleanse data. Not a trivial task to perform automatically.

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15+ Essential Ecommerce Metrics for Your Reporting Dashboard

15+ Essential Ecommerce Metrics for Your Reporting Dashboard | WHY IT MATTERS: Digital Transformation | Scoop.it

Learn all the most important ecommerce metrics you should start tracking in your reporting dashboard!

Farid Mheir's insight:

WHY IT MATTERS: essential metrics for anyone with an eCommerce website.

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As #marketplaces become popular, #eCommerce content syndication will become the norm. How will marketplace owners react? raise fees for multi-market vendors? reduce them for unique SKUs?

As #marketplaces become popular, #eCommerce content syndication will become the norm. How will marketplace owners react? raise fees for multi-market vendors? reduce them for unique SKUs? | WHY IT MATTERS: Digital Transformation | Scoop.it
Marketplace management software. List, reprice & manage your Amazon, eBay, Fnac, Cdiscount & Flubit sales. Call 01786 430076 now for a demo.
Farid Mheir's insight:

WHY IT MATTERS: retailers that sell on multiple marketplaces - eBay, Amazon, Walmart, ETSY, ... - all face the same challenge: content syndication. Solutions like the one in this link enable eCommerce platform - here shopify - to manage the products in a single place (shopify) then let the connector publish the content in multiple marketplaces (eBay, Amazon, ...). An essential component of any eCommerce strategy IMHO.

The impact of this technology on marketplaces is more difficult to assess however. Certainly having the ability to publish in 10s or 100s marketplaces at the push of a button will commoditize them. How will marketplace react? Raise fees for vendors that sell on other marketplaces? Reduce fees for "unique" product SKUs? What do you think?

 

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The ultimate guide to #DropShipping highlights an important trend: eCommerce has started to mature with every feature being unbundled into dedicated products - or merged into large platforms via @a...

The ultimate guide to #DropShipping highlights an important trend: eCommerce has started to mature with every feature being unbundled into dedicated products - or merged into large platforms via @a... | WHY IT MATTERS: Digital Transformation | Scoop.it

DropShipping is a direct to consumer retail fulfilment method where a seller does not hold stock.

Farid Mheir's insight:

WHY IT MATTERS: very interesting read that shows how much there is to consider for one small component of eCommerce, drop shipping. The larger point behind this post is that every feature of eCommerce solutions, from catalog, carts, payment, shipping, fulfillment, etc. are being unbundled into dedicated products. Here avasam provides services for dropshipping. This follows a larger trend of solutions as they mature: you start to see enough volume / complexity to warrant dedicated solutions.

On the other end of the spectrum, there are platforms that try to integrate as many of these components into a single, integrated solution.

 

Some interesting posts on bundling/unbundling:

- craigslist uunbundling: https://thegongshow.tumblr.com/post/345941486/the-spawn-of-craigslist-like-most-vcs-that-focus

- search bundling in china: https://www.ben-evans.com/benedictevans/2014/8/1/app-unbundling-search-and-discovery

- productivity / excel unbundling: https://www.ben-evans.com/benedictevans/2019/9/27/new-productivity

Lê Vĩnh Thiện's curator insight, November 22, 2019 4:37 AM
Một xu hướng mới đáng để tham khảo và áp dụng trong mô hình hiện tại của các doanh nghiệp #DropShipping. 

Không biết bao nhiêu lần mình mong muốn có một dịch vụ như vậy để đỡ tay xác nách mang cồng kềnh khi mua sắm, lại còn có thể đến tận cửa hàng để xem sản phẩm cho yên tâm!
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A review of #microservice architecture at 10 leading companies: Amazon, Uber, Spotify, ... #technology #softwareengineering

A review of #microservice architecture at 10 leading companies: Amazon, Uber, Spotify, ... #technology #softwareengineering | WHY IT MATTERS: Digital Transformation | Scoop.it

Global companies, like Amazon, Coca Cola or Zalando are transforming their IT infrastructures into a microservice architecture. In addition to this, they are rebuilding their internal organizational structures and pushing their businesses ahead of the competition. We take a closer look at examples of microservice architecture in eCommerce.

Farid Mheir's insight:

WHY IT MATTERS: microservice is a core architecture pattern in today's eCommerce and cloud environments. This overview provides some insights into the most well known companies that have deployed their microservice architecture at scale.

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5 challenges of B2B companies solved by PIM solutions shows the real value of those tools #investInData

5 challenges of B2B companies solved by PIM solutions shows the real value of those tools #investInData | WHY IT MATTERS: Digital Transformation | Scoop.it

Implementing PIM solutions into existing B2B solutions can be extremely complex. It requires a great number of custom-made solutions, adjusting to specific business requirements, and matching the company’s structure. Here’s what we see as the biggest challenges, and how we overcame them!

Farid Mheir's insight:

WHY IT MATTERS: the management of product, client and order data is central to delivering a unified ecommerce experience in an omni channel world. This paper sheds light into the reasons why a PIM is so important.

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Selling Digital Products On A Marketplace: step-by-step walkthrough via @Codester

Selling Digital Products On A Marketplace: step-by-step walkthrough via @Codester | WHY IT MATTERS: Digital Transformation | Scoop.it

We are going to have a look at the vital steps you have to take before submitting your item to a digital marketplace. As well as the vital marketing strategies that will help you achieve your first 100 sales. In this article we use our own marketplace, Codester, as an example. 

Farid Mheir's insight:

WHY IT MATTERS: marketplaces are all the rage in the eCommerce world. I find this walkthrough interesting because it features digital goods (code, themes, etc.), something we don't think about enough - they are easy to ship! ;-)

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#eCommerce platforms are the next steps for retailers to be visible outside of Amazon dominance

#eCommerce platforms are the next steps for retailers to be visible outside of Amazon dominance | WHY IT MATTERS: Digital Transformation | Scoop.it

By 2020, Gartner has predicted that more than 60% of online sellers will adopt a marketplace or include third-party sellers in their eCommerce ecosystems. Marketplaces are one of the platform model types that are transforming every industry.

The platform model brings buyers and sellers together, helping businesses deliver a better customer experience while gathering customer insights. Data from McKinsey shows that companies that platform grow, and companies that don't platform don't grow.

But where do you begin? Our guide will teach you how to define your platform strategy and get started.

Read the eBook to learn:

- The different types of platform models, and which are best suited for your business
- Platform Pioneer stories, including how Best Buy became the most trafficked retailer in Canada
- The first steps you should take to kickstart your business’ platform revolution

Farid Mheir's insight:

WHY IT MATTERS: this white paper explains the key elements to look for in a marketplace solution, whether you need to join one or create one of your own.

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Opportunities and tools for AI across the customer lifecycle are many says recent report on Email Marketing Trends 2019 via @pure360 @smartInsights #Marketing #AI

Opportunities and tools for AI across the customer lifecycle are many says recent report on Email Marketing Trends 2019 via @pure360 @smartInsights #Marketing #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

Beyond the world of email marketing in the wider world of business, the impact of Artificial Intelligence (AI) on productivity and employment has risen to prominence in the last two plus years as more affordable systems have become available from vendors. This has naturally prompted marketers to review the potential marketing applications of AI. To answer this question, in our guide to marketing applications of AI , Smart Insights has reviewed the opportunities and tools for AI across the customer lifecycle. This report highlights the critical trends and techniques that will help you transform your brand-customer relationships using the most powerful channel in your marketing mix: email!

Farid Mheir's insight:

WHY IT MATTERS: a recent survey provides numerous insights into email marketing tools and techniques. A great reference with numerous examples, tools and technologies. One highlight of the report is the role that AI plays in the creation and delivery of email campaigns in the coming years.

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New report on the top Product Information Management solutions - 2018 Forrester Wave PIM Report

New report on the top Product Information Management solutions - 2018 Forrester Wave PIM Report | WHY IT MATTERS: Digital Transformation | Scoop.it

In our 27-criteria evaluation of product information management (PIM) providers, we identified the 10 most significant ones — Agility Multichannel, Contentserv, EnterWorks, IBM, Informatica, inRiver, Riversand, Salsify, SAP, and Stibo Systems — and researched, analyzed, and scored them. This report shows how each provider measures up and helps digital business professionals make the right choice.

Farid Mheir's insight:

WHY IT MATTERS: a recent review of the top PIM solutions.

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Cheat sheet to Run a Successful Online Store via @shopify @zapier 

Cheat sheet to Run a Successful Online Store via @shopify @zapier  | WHY IT MATTERS: Digital Transformation | Scoop.it
Running a store can be hard, tiring work that requires you to wear many hats. Between shipping out orders, managing inventory, keeping track of accounting data, and answering yet another customer's email, it's easy to get overwhelmed. But it doesn't have to be that hard. Your eCommerce platform and other companion apps can keep your store running smoothly, managing the busywork so you can focus on your products and customers.

Your store will need the best-in-class tools—and the essentials are right here. From the best places to find themes and add-ons to your store, to the best tools and automations to run your store, here are the resources you need to keep your store running and growing. Consider it your extended cheat sheet for managing a successful store.
Farid Mheir's insight:

Creating and running an ecommerce store does not require technical skills anymore: anyone can do it. This paper provides very useful links to help anyone find solutions, tools and techniques to plan and execute the most common tasks behind a successful ecommerce store. Enjoy!

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Floodwatch browser extension #crowdsource #ads you see to build massive DB of what advertizers know about you2

Floodwatch browser extension #crowdsource #ads you see to build massive DB of what advertizers know about you2 | WHY IT MATTERS: Digital Transformation | Scoop.it

Floodwatch is a Chrome extension that tracks the ads you see as you browse the internet. It offers tools to help you understand both the volume and the types of ads you’re being served during the course of normal browsing, with the goal of increasing awareness of how advertisers track your browsing behavior, build their version of your online identity, and target their ads to you as an individual. We want to assemble the largest amount of advertising data we can— and then not give it to the advertisers.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Knowing what information is captured about you, stored and the digital profiles that is created behind the scenes as you browse the web is a first step in regaining control over our digital twin so we can have better digital lives.

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20 #eCommerce Platforms to Start an Online Store

20 #eCommerce Platforms to Start an Online Store | WHY IT MATTERS: Digital Transformation | Scoop.it

There's a wide market for eCommerce apps, just as there are for almost any other popular software category. Some are simple tools for selling individual products; others are focused on enterprises with large sales volumes and warehouses of inventory.

Farid Mheir's insight:

A great reference if you are in the market to build your own eCommerce solution.

Jean-Marie Grange's curator insight, October 26, 2016 6:13 PM
If you want to start selling online...
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Free Gartner Research: Digital Marketing Transit Map

Free Gartner Research: Digital Marketing Transit Map | WHY IT MATTERS: Digital Transformation | Scoop.it
Using the Map

The Digital Marketing Transit Map is designed to identify the best sources for your needs and acquire systems that work well together. It will help you:

  • Identify the connections among business functions, application tracks and providers.
  • Find additional research or structure questions about strategy and best practices as well as providers, products, and selection criteria.
  • Mediate discussions between marketing and IT.
Interpreting the Map

Navigate the complexity of a fragmented and confusing digital marketing landscape. Elements of the map include:

  • Neighborhoods represent functional regions that can be thought of as practice areas within an organization.
  • Tracks connect regions and can be thought of as application services that share common objectives and information.
  • Stations represent interaction points that can be thought of as vendor and product categories that provide platforms and point solutions.
  • Intersections represent transfer points where solutions may serve more than one business area.

 

Farid Mheir's insight:

Gartner has mapped the different skills, technologies and functional areas that digital marketers should master.

 

WHY THIS IS IMPORTANT

Although I've never been a fan of the transit map analogy, I find this one captures one key message for marketing professionals: digital marketing is different than traditional marketing in the tools, technologies and skills required. As the diagram shows, they are more akin to software programming than they are of the traditional marketing curriculum. For those  that do not yet have those skills in-house, get help. For those that have the skills, make sure they are sharp and remain up-to-date because this technology world changes rapidly.

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15 tools to onboard and engage new users

15 tools to onboard and engage new users | WHY IT MATTERS: Digital Transformation | Scoop.it
Create user-friendly tours, increase customer satisfaction and reduce support costs with some of the best tools around.
Farid Mheir's insight:

Great list of solutions to help your solutions, websites and ecommerce platforms be more customer centric.

Marthe Toutain's curator insight, April 6, 2016 8:15 AM
Faire des contenus user-friendly pour améliorer la satisfaction client et réduire les coûts de production de e-commerce, c'est possible grâce à ces 15 outils.
Curated by Farid Mheir
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