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Ecommerce sees positive spending trends

Martech

Despite inflation, a volatile stock market, fragile supply chains and general economic uncertainty, ecommerce overall sees a bright future — although of course not all brands will win. That’s the message from a new report, “2024 State of the Ecommerce Industry” from marketing automation platform Klaviyo. Why we care.

eCommerce 107
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The top ecommerce trends from record-breaking Amazon Prime Day 2024

Martech

Helped by some deep discounts, Amazon Prime Day, an annual two-day ecommerce event that ran July 16 and 17, generated a record $14.2 Although the event is hosted by ecommerce giant Amazon, other chain stores and specialty retailers ran concurrent promotions. billion in U.S. online sales this year. increase over last year.

eCommerce 124
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How to balance customer experience and returns in ecommerce

Martech

The boom in ecommerce has transformed how we shop, but it’s also brought a pressing challenge: managing product returns. Ecommerce returns: The challenge of keeping customers happy and profitable The global ecommerce market is rapidly growing, projected to rise from $6.3 trillion in 2024 to $8 trillion by 2027.

eCommerce 120
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BuzzFeed Inc. Is Considering Selling Complex Media to Ecommerce Platform Ntwrk

Adweek

is in advanced discussions to sell Complex Media, which it acquired in January 2021 for $300 million, to the livestream ecommerce platform Ntwrk, according to three people familiar with the transaction. The entertainment and culture publisher BuzzFeed Inc.

eCommerce 351
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40% of an Ecommerce Brand’s Pmax Buys Were Served on AI-spun MFA Sites and Dead Domains

Adweek

One ecommerce brand found that, for one recent campaign, between 30% and 40% of its Pmax display. The increase in AI-spun made for advertising sites is making it harder for buyers to ensure their ads show up in quality environments, especially when using AI-powered media buying tools like Google's Performance Max, according to four sources.

eCommerce 334
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Drop Your Assumptions: Social Commerce Trends Buck Gender and Age Stereotypes

Adweek

Some current ecommerce trends challenge gender and age group stereotypes, a new report from Gale's commerce team found. Think you know what online shoppers want? Think again. The survey showed that men make more impulse buys online than women, and that younger consumers like seeing personalized ads in multiple places.

eCommerce 306
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Rokt Closes $335 Million Secondary Transaction and Merges With mParticle

Adweek

The deal will allow mParticle clients to easily advertise through Rokt, which runs ads on the purchase confirmation page of ecommerce websites like Macy's and Just Eat. Rokt is merging with customer data platform mParticle through a $300 million investment. MParticle runs a customer data platform that brands use to manage their data.

eCommerce 279