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Four Ways Retailers can Leverage Generative AI to Transform their Business Today

Retail TouchPoints

Recent AI advancements have the power to reshape the way the industry operates. Retailers embracing Generative AI can stay ahead of the curve and compete in this ever-changing competitive landscape — enabling them to lead with a customer-first approach while operating with more efficiency. Providing 24/7 customer service.

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Google to pay US$700 million to consumers, states in Play store settlement

Inside Retail

The settlement said eligible consumers will receive at least $2 and may get additional payments based on their spending on Google Play between August 16, 2016 and September 30, 2023. ” Google faces other lawsuits challenging its search and digital advertising practices. It has denied any wrongdoing in those cases.

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PayPal preparing US$45 billion bid for Pinterest

Inside Retail

billion purchase of LinkedIn in 2016. Acquiring Pinterest would allow PayPal to capture more of that e-commerce growth and diversify its income though advertising revenue. The online payments provider hopes to successfully negotiate and announce a deal by the time it reports quarterly earnings on Nov. 8, the source added.

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Jason & Scot Show Episode 251 Annual Predictions 2021

Retail Geek

Installment Payments heat up – At least one company is acquired (Affirm, Afterpay, Klarna, QuadPay, Sizzle) Yes (IPO’s). Digital grocery wars heat up. Owned brands continue to grow. 5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). Digital in-store heats up, QR codes make a comeback Yes.

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Jason & Scot Show Episode 252 – Amazon FBA Roll-ups with Chris Bell CEO of Perch

Retail Geek

While traditional CPGs may review their pricing quarterly, and set marketing strategies annual, Perch adjusts pricing strategy hourly, and advertising strategies daily. 3:16] Salesforce Effectiveness pricing products for fitting customer service. Chris sees Perch as a next generation CPG conglomerate leveraging the Amazon marketplace.