Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
 Your new post is loading...
Scoop.it!
Our top ecommerce platforms are based on objective performance data, feature set and, value. 
pvpserverlist's comment,
November 22, 2019 3:58 PM
https://pvpserverlist.com/
Sign up to comment
Scoop.it!
What’s next for retail tech? We examined 21 of the biggest retail trends to watch this year, ranging from automated checkout to inventory management.
Farid Mheir's insight:
WHY IT MATTERS this report presents and categorizes the retail trends in 2019. Some are technology-based (AR, VR, QR codes, ...) but all are technology-driven, even those that improve product or distribution (small stores, popup stores, store as fulfillment centers, localization, ...)
Scoop.it!
AWS offers the only cloud born from retail and built for retailers. We share Amazon’s own tested, proven innovation to help retailers reinvent their legacy applications for new value, complete their view of customers for relevant insight, and transform their engagement for increased sales velocity – a head start 20 years in the making to lead their customer’s journey.
Farid Mheir's insight:
WHY IT MATTERS: Amazon marketplace is seen as a possible competitor to retailers. AWS cloud infrastructure however does provide all the same tools to let retailers "roll their own"...!
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.
Scoop.it!
Boston Dynamics only has 20 of the robots available right now, but it’s hoping to manufacture about 1,000 for use out in the field. So it has to be very choosy about who gets one. It hasn’t disclosed how much they will cost.
Farid Mheir's insight:
WHY IT MATTERS: this is a big deal because the Boston Dynamics robots appear to be the advanced and versatile. The fact that they are made commercially available is significant after years of being research project. You have to be in the market for an early device with lots of limitations but, looking down the road a few years, one has to start planning for robots to start making their way into practical use cases in construction, etc. Plus the videos are just fun to watch!
Scoop.it!
By rolling out a device equipped with more advanced facial recognition technology, users can enjoy an even more convenient method of paying for goods and services without using smartphones. The Frog Pro features a 10.1-inch double-sided screen, a 3D depth-sensing camera for the facial recognition payment function and a QR code scanner
Farid Mheir's insight:
WHY IT MATTERS: this is the obvious killer app for facial recognition - it uses AI technology and similar hardware that iPhone uses to unlock your screen. You can now spend without any friction, not event the need to take your phone out of your pocket. Of course this raises obvious privacy and security concerns - but in China the concept of privacy appears different than in the West. But the most important factor is that Asia is deploying this *at scale* first, waaaaaaayyyy before the USA where you still have to sign paper slips for credit card transactions... Who is leading the techno war these days?
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
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.
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: personalization is often difficult to implement but when done right it delivers real value for retailers and their clients.
Scoop.it!
What’s next for wellness? Our analysts identified 18 of the biggest wellness trends to watch in 2019, from wellness tourism to boutique meditation.
Farid Mheir's insight:
WHY IT MATTERS: if retail transformation implies creating in-store experience, then it makes sense for wellness to play a major role.
Scoop.it!
Now is the time to empower effective change in your business. Eighty-eight percent of shoppers say they rely on digital product content to decide where to buy. The technology systems of the past cannot keep pace with the detailed, personalized, and contextualized experience consumers demand. The role of information technology is undergoing significant shifts.
Farid Mheir's insight:
WHY IT MATTERS: 3 key data domains should be top of any company's EA priority list: client, orders and products. This ebook sheds some light onto key processes and technologies required to manage product data centrally.
Scoop.it!
Forrester Consulting conducted a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying Salsify’s Product Experience Management (PXM) Platform.
Farid Mheir's insight:
WHY IT MATTERS: the benefits of back-office systems such as product information management (PIM) or customer data platforms (CDP) are hard to grasp. That is why studies like this are so important - beyond the obvious hype around ROI and payback - they highlight costs and areas where you may be able to save. Moreover, solutions like Salsify that are SaaS cloud based very often struggle to gain traction as teams in IT or operations are already in place and not about to get fired. Large ERPs like SAP or Oracle will claim that their modules are better and more integrated. Unfortunately, front-office teams in Marketing and eCommerce face challenges and huge savings when it comes to improved data quality and faster time to market which often are hard to measured. This study may help identify some of these areas of saving...
Scoop.it!
L'Oréal is bringing its artificial intelligence (AI) technology to Amazon, which for the first time will give its mobile shoppers a chance to virtually try on makeup before buying. ModiFace, the developer of technology for the beauty industry that L'Oréal acquired last year, is providing digital demonstrations of lipstick shades using augmented reality (AR), according to a company announcement.
Farid Mheir's insight:
WHY IT MATTERS: always in search of the killer app, looks like AR is actually something that you embed into something else (here to sample lipstick in Amazon retail, there to correct the eyes in Apple facetime) rather than something you do on its own (think pokemon GO). Hmmm...
holly ledvina's curator insight,
July 15, 2019 10:52 AM
AI moves into consumer real world application.
Scoop.it!
From
www
The retail industry is rewriting the laws of physics. Change is coming at an ever faster rate each year and 2030 will be upon us before we know it. Explore the world in 2030 and the future of retail 2030.
Farid Mheir's insight:
WHY IT MATTERS: the report is not available for free but the 42 slide summary is a great overview of key trends that are presented with observations and outcome.
Scoop.it!
Amazon’s business model for the device is to make deliveries within 7.5 miles (12 kilometers) from a company warehouse and to reach customers within 30 minutes. It can carry packages weighing as much as five pounds. More than 80% of packages sold by the retail behemoth are within that weight limit, Kimchi said.
Farid Mheir's insight:
WHY IT MATTERS: the final frontier in eCommerce is delivery to the home - the "last mile". Retailers have been great at solving technical issues around selling online and fulfilling orders cost effectively in large warehouses. Delivery remains plagued with slow and costly solutions that have not much changed since the FarWest postal delivery by horse-drawn carriage (think about it). This must change and we must apply automation, robotics and other tech to improve that and make it so that any retailer can send a parcel in few hours for as little as the cost of gas/electricity to get the parcel to the customer...
Scoop.it!
Brick-and-mortar retail stores need to up their game. Technology could give them significant boost.
Farid Mheir's insight:
WHY IT MATTERS: what a difference one year makes! Last year everyone was throwing physical stores under the bus. This year, stores are the savior for retail. I kind of get the point but it comes with huge strings attached as retailers must be willing to transform to digital, embrace new technologies, and change store format (possibly trying more than one). Overall this means huge investments in relatively new and moving technologies that require an infrastructure that is often missing (think secure & high-speed network and wifi in store). Not many of my clients have the appetite or the budget ready to do it. Fun times ahead...
Scoop.it!
They indicate that consumers' mobile phones will soon become remote controls for the commercial exploration of the physical world, or, better said, they will become tools to unlock Easter eggs within shopping experiences that will vary from one individual to the next.
Farid Mheir's insight:
WHY IT MATTERS: this article manages to truly bring insights into what the future of retail may look and feel like, beyond the "new experience" buzzword. Very interesting insights.
Scoop.it!
“We chose right from the very start to not hide the technology,” Hanrahan explained.
Farid Mheir's insight:
WHY IT MATTERS: when I ask about what the "store of the future" looks like I often get descriptions of a robot-filled location with huge displays and computer kiosks. In fact the trend is to HIDE the technology to make the store experience more and more about what you had when you visited the general store of the past. Walk in and speak to an employee that is very knowledgeable about you, your needs and the products they have to sell. The only difference is that this knowledge comes from AI, cameras, sensors, and all kind of technologies that support and enhance the retail employee to make you believe they know you and their products. THAT is the magic of the store of the future. Get used to it.
Rich A.'s curator insight,
April 27, 2019 9:32 PM
A superb case study for the way Industry 4.0 is impacting the retail sector. Great for use in the study of technological impacts as part of a PESTLE analysis looking at a business' macro operating environment. 
Haylee Hutchings's curator insight,
May 17, 2019 10:11 PM
This artefact explores Walmart's new technology and its aims to improve the customer shopping experience. Named the 'Intelligent Retail Lab, or 'IRL' for short, this utilises Artificial Intelligence (AI) to track inventory availability and compare to upcoming promotional demand. In brief, it ensures that customers can confirm that their desired item is in stock prior to visiting the store via the app. Walmart is exploiting AI for competitive advantage, aiming to improve customers' perception of reliability and overall experience. However, the article doesn’t actually mention the words ‘competitive advantage’, which will necessitate students adopting critical thinking skills to evaluate where the advantage occurs and justify why. Within the unit, this artefact will be utilised as a stimulus item for students to discuss competitive advantage through embedding it as a link to Flip Grid. Flip Grid is an amazing website and app that allows a teacher to create a closed community topic where students respond to set discussion questions through posting authentic videos explaining their answer. Students will first view the artefact, reading through Walmart’s new Artificial Intelligence technology and then read the related questions displayed on Flip Grid. Students will then respond to each question through Flip Grid’s unique video features to respond to the questions in the topic through recording videos of themselves answering these designated questions. The learning is transformed as students will utilise the higher order cognitive verbs of evaluation and justification when viewing this article to answer a number of questions on competitive advantage within this scenario. These questions and the article are embedded within Flip Grid, allowing the task to be redefined, engaging students.
Scoop.it!
The final project for my machine learning class was to build a fashion neural net algorithm to correctly classify images into 7-classes using the Fashion-MNIST dataset. My team's model accuracy of 92.923% led us to the top of Kaggle's leaderboard! (the competition was only open to our class).
Farid Mheir's insight:
WHY IT MATTERS: AI is making its way to usable applications faster than ever with tools and frameworks in the public domain and very large datasets to train models on. Even university students can deliver value in few weeks of class so why is it not more prevalent in corporations?
Hamza Yousaf's comment,
April 6, 2019 4:22 PM
The New Gadgets of 2019 has been launched, These amazing features and stylish Gadgets is becoming famous in 2019 & ahead.
https://bit.ly/2VrK8I3
Scoop.it!
Augmented reality (AR) – technology that overlays computer imagery over real-world imagery as seen by cameras in real time, is being eagerly adopted by business.
Farid Mheir's insight:
WHY IT MATTERS: using AR to visualize how you look in a hat is possible. The article provides links and other retail use cases where AR may prove useful. I tried it out and found it a bit on the gadget side but - no app to install and very simple use made it easy to try it out. Looks promising, especially combined with AI where it could "suggest" hats based on your outfit. This may prove a useful business case...
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.
Scoop.it!
It’s an incredibly exciting time to be working in the retail industry. Ten years from now, consumers will look back and say: “Did shopping really look like that in 2019?”
Farid Mheir's insight:
WHY IT MATTERS: one page, 75 elements that will transform retail in coming years, most are technology-driven. Shoptalk conference is all about those.
Scoop.it!
Amazon quietly rolled out Amazon Showroom, a tool that lets you place furniture in a virtual living room, making online furniture shopping more visual.
Farid Mheir's insight:
WHY IT MATTERS: sales of furniture online is difficult because it is difficult to visualize the product in your environment. At least in the store you can view the product in a fake setting (think IKEA rooms you have to travel through during your shopping trip). Augmented Reality has been tried to enhance paper catalogues in the past but now Amazon is trying to leverage 3D directly within their online store to help you decide if that table and sofa go well together. This is obviously a test and the links below should provide you with additional food for thought on the matter.
Hubstair a startup that helps retailers do a bit what Amazon showroom does: https://www.hubstairs.com/ http://fmcs.digital/blog/canadian-tire-enhances-2016-paper-catalogue-via-augmentedreality/ http://fmcs.digital/blog/ikea-2014-catalog-can-view-and-place-furniture-in/ http://fmcs.digital/blog/augmented-reality-catalog-places-ikea-furniture-in/ http://fmcs.digital/blog/apple-next-killer-app-may-be-augmentedreality-ikea-demo-and-others-to-come/
Roseni Moraes's curator insight,
March 3, 2019 2:48 PM
WHY IT MATTERS: sales of furniture online is difficult because it is difficult to visualize the product in your environment. At least in the store you can view the product in a fake setting (think IKEA rooms you have to travel through during your shopping trip). Augmented Reality has been tried to enhance paper catalogues in the past but now Amazon is trying to leverage 3D directly within their online store to help you decide if that table and sofa go well together. This is obviously a test and the links below should provide you with additional food for thought on the matter.
Hubstair a startup that helps retailers do a bit what Amazon showroom does: https://www.hubstairs.com/ http://fmcs.digital/blog/canadian-tire-enhances-2016-paper-catalogue-via-augmentedreality/ http://fmcs.digital/blog/ikea-2014-catalog-can-view-and-place-furniture-in/ http://fmcs.digital/blog/augmented-reality-catalog-places-ikea-furniture-in/ http://fmcs.digital/blog/apple-next-killer-app-may-be-augmentedreality-ikea-demo-and-others-to-come/
Scoop.it!
Online or offline: These cannot be the only options for consumers. See how Alibaba is transforming traditional retail with a complete digitization of commerce.
Farid Mheir's insight:
WHY IT MATTERS: watch this short video to see what Alibaba is doing to transform the retail experience, the retail stores and truly create an omni-channel experience. Can this model be applied in North America or Europe remains to be seen but it certainly raises some very interesting options for what the future of retail will look like: try things, get service and counsel, then buy everything online and get it to your home in 30 minutes.
Scoop.it!
Key Findings
Farid Mheir's insight:
WHY IT MATTERS: great analysis but as with every predictions, take with grain of salt... ;-)
Scoop.it!
Explore how image recognition can be implemented by retail and CPG companies, such as auditing product placement and category analysis.
Farid Mheir's insight:
WHY IT MATTERS: you will see AI enhancing tools in retail to sell better and improve margins. This article presents 4 use case already being deployed.
|
Curated by Farid Mheir
Get every post weekly in your inbox by registering here: http://fmcs.digital/newsletter-signup/
|
WHY IT MATTERS: this is a very good review of top small & medium business eCommerce solution, which can actually be a great reference for departments or BUs of large organization. IT lacks in one major area which is key for large organization: customization, data and integration to corporate systems. This is where those small SaaS solutions often fail as they deliver all-in-one solutions but fail to live well in large corporate IT environments where ERP, WMS, OMS PIM and other solutions exist and where master data often resides.