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6 ecommerce trends to watch

IBM Big Data Hub

Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. In what McKinsey refers to as “the e-commerce catch-22,” many retailers with significant growth in ecommerce sales through 2020 and 2021 saw their margins decline.

Retail 84
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Using the online marketplace to enhance customer experience

CGI

Building an online marketplace provides retailers with an opportunity to strengthen their DNA and offer customers a seamless and complementary product and service offering with limited risk. The entire partner value chain must also be measured (quality of offers, on-time delivery, efficient after-sales service, etc.)

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FBI warns of crooks targeting online shoppers during the holiday season

Security Affairs

“During the 2020 holiday shopping season, the FBI Internet Crime Complaint Center (IC3) received over 17,000 complaints regarding the non-delivery of goods, resulting in losses over $53 million,” reads a public service announcement published by the FBI. Untrusted websites and ads promoting unrealistic discounts and bargains.

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The most valuable AI use cases for business

IBM Big Data Hub

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

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The Do’s and Don’ts of Successful EDI Operations (Getting Started)

Rocket Software

For instance, retailers, manufacturers, insurers, healthcare providers, and transportation companies use EDI daily to communicate critical business information with trading partners, customers, and electronic marketplaces. Do have a contingency plan for unforeseen events .

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

As a result of such discussions, during the Summer Meeting, the Financial Condition (E) Committee adopted a referral to the SAP Working Group that requests consideration of changes to the SAP Working Group’s maintenance policy related to the use of the terms “substantive” and “non-substantive.” The changes are effective December 31, 2021.

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Conversational AI use cases for enterprises

IBM Big Data Hub

ML and DL lie at the core of predictive analytics, enabling models to learn from data, identify patterns and make predictions about future events. In the back end, these platforms enhance inventory management and track stock to help retailers maintain an optimal inventory balance.

Analytics 101