Every week we publish a new product list from companies serving e-commerce and omnichannel merchants. This week’s list includes updates on shoppable media, AI assistants, personalization, return predictions, installment payments, shipping platforms, discount e-commerce, and marketplaces.
Have an e-commerce product release? Email us at releases@practicalecommerce.com.
New Tools for Sellers: July 2, 2024
Shopify is building AI into its entire platform. Shopify Introduced AI-related products Semi-annual showcase, Shopify EditionsSome of the new features included in the 150+ updates include: (i) an AI tool that suggests personalized replies to customer emails; (ii) Magic, an AI-powered media editor, instantly provides personalized intelligent recommendations for all product categories and assigns the right attributes to new products; and (iii) AI image editing expands to everywhere images are used, including in the Shopify mobile apps.
Shopify Summer 24 Edition
Amazon launches discount marketplace. Amazon The company plans to launch a new section dedicated to low-cost fashion and lifestyle products and allow China-based sellers to ship products directly to U.S. consumers. Amazon’s storefronts will be devoid of brand-name items, many of which will cost less than $20, according to a presentation Amazon gave to some sellers seen by CNBC. Amazon will ship the products directly from China to the U.S., delivering them to shoppers within nine to 11 days.
Bloomreach Launches Loomi AI Features for E-commerce Teams. BloomreachLoomi, an e-commerce personalization platform, has announced new premium capabilities for its proprietary Loomi AI to customize, optimize and automate personalization across the entire customer experience. Premium capabilities for marketers include AutoSegments, which automatically identifies high-value customers. Customer Segmentsan analytics assistant with a conversational interface, and a variant generator to speed up campaign creation and testing. New search capabilities include Loomi Search+ with semantic and vector search technology, visual search, and search in 33 languages.
ParcelLab Launches Returns Predictive AI to Increase Visibility for Retailers. Parcel LabProvider Post-purchase experience Software developer ParcelLab has launched Returns Predictive AI. According to ParcelLab, the new tool leverages AI to forecast inbound shipments to retailers’ warehouses, enabling retailers to (i) predict return volumes and more accurately identify trend changes, (ii) better plan warehouse resources, and (iii) reduce processing times and operational costs. Returns Predictive AI is designed to enhance retailers’ ability to predict and mitigate the financial impact of returns.
Parcel Lab
Target partners with Shopify to add third-party merchants to its marketplace. the goal Partnered with Shopify To discover new brands and popular products for Target’s Marketplace. Shopify helps retailers discover and offer popular products to Target’s online shoppers. Target plans to stock some of the popular products found on Shopify in its stores. Unlike Amazon, Walmart, and eBay, Target only allows brands to join by invitation. There are more than 1,200 sellers. Target says it has doubled the number of sellers and products in the past year.
Pear Commerce Raises $10M to Transform Shoppable Media. Pear tradingPear, a retail e-commerce marketing platform for omnichannel brands, has closed a $10 million funding round led by Stage 2 Capital. The funding follows Pear’s recently announced product, Pear Connect, a shoppable ad unit that integrates where-to-buy technology directly into ads. Pear Connect augments existing social and display ad creative by using Pear’s daily inventory scanning technology and ad platform algorithms to serve up the most likely combinations of in-stock products and retailers to be selected.
Data analytics platform Baresquare releases AI manager for e-commerce revenue optimization. Bear SquareBaresquare, an AI-powered analytics platform, has launched an autonomous e-commerce AI agent called Tywin. According to Baresquare, Tywin will monitor marketing campaigns and customer experience errors, create revenue forecasts and goals, perform competitive pricing and inventory analysis, and improve online sales. Search Engine Optimization and external factors such as weather, news events, etc. Users can upload existing revenue plans or allow Tywin to generate forecasts based on historical data.
Bear Square
Adverio launches Amazon PPC management service for e-commerce advertising. AdverioIt is a digital marketing agency, Amazon PPC Managed Servicesis designed to improve advertising performance and sales for e-commerce businesses on Amazon. The service aims to streamline and enhance merchants’ pay-per-click strategies by leveraging advanced analytics and understanding. Amazon Advertising Ecosystem. Adverio’s Amazon PPC management services cover all aspects of pay-per-click advertising, from initial setup and strategy development to ongoing optimization and performance analysis.
Qoo10 launches Wish+ to expand international sales channels. Two Asia-based e-commerce platforms coupon We have integrated with Wish.com in the US. The integration provides a unified e-commerce experience on an upgraded platform. Wish+ The expansion of the site and product inventory will encompass users’ local suppliers as well as Asia-based brands and manufacturers. The move brings together Qoo10’s e-commerce ecosystem of sellers from South Korea, Japan and India with Wish.com’s presence in North America and European markets and inventory from regional and China-based manufacturers.
Visa expands payment options for Amazon customers in Canada. visa announced a collaboration with Amazon Providing Canadian consumers with more choices at checkout: When shopping online on Amazon.ca or the Amazon app, eligible RBC and Scotiabank credit cardholders can now select “Pay in Installments with Visa” as a payment method for eligible purchases. This payment option allows eligible consumers to pay for their purchases in installments. Small fixed payments For a defined period of time.
ShipStation Streamlines E-Commerce Delivery in Australia. Ship Stationa cloud-based delivery platform Oak Tanhas launched new features to help Australian online businesses become more efficient. Delivery Process Improve customer experience. New features include inventory sync, delivery deadlines, harmonized code import, checkout rate control, custom labels, GlobalPost carrier integration, add-on marketplace, and more. ShipStation also released a High Volume Plan for retailers in Australia and New Zealand, customized to meet the demands of enterprise parcel delivery.
ShipStation in Australia
