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#2 - Unveiling Shopify Plus Expansion, US E-commerce Sales, Bundles, AI, and More!
Get exclusive insights on brand expansion, market growth, personalized strategies, Shopify Bundles, AI advancements, and merchant support. Stay ahead in the ecommerce game!
It’s that time of the week: the top 5 news and insights in Ecommerce directly in your inbox:
5 - Learn the essential steps and challenges of brand expansion with Shopify Plus
Join Claus Lauter in this episode of the e-Commerce Coffee Break podcast as he explores the world of Shopify Plus and expanding into the European market with me, Founder of Sounds Good Agency. Discover the decision-making process for merchants considering Shopify Plus, the unique features and perks it offers, and how European market dynamics shape online business strategies. Gain valuable insights and actionable tips to fuel your e-commerce growth and navigate international expansion.
4 - US E-commerce Sales to Exceed $1.1 Trillion in 2023
FTI Consulting's report predicts a significant milestone of $1.1 trillion for US e-commerce sales this year, with a 10% YoY growth. The study emphasizes the importance of personalization, as 80% of shoppers believe it enhances their online shopping experience. This highlights the immense potential and necessity for businesses to prioritize personalized strategies in the highly competitive e-commerce market.
3 - Introducing Shopify Bundles: Boost Sales, Delight Customers
Shopify introduces Shopify Bundles, a free feature integrated into the Shopify admin. Effortlessly create enticing product bundles, increase sales, and provide exceptional value to customers. Drive product awareness, boost average order value, and take your online store to new heights with Shopify Bundles! You can register for early access here and check the developer documentation here.
2 - Amazon CEO says not to count e-commerce giant out of AI race
Amazon CEO Andy Jassy emphasizes Amazon's role in the AI race, particularly in generative AI and AI-specific chips. He believes generative AI has the power to revolutionize customer experiences. Amazon's investment in customized chips, such as Trainium and Inferentia, demonstrates their commitment to superior performance. Jassy anticipates AWS playing a significant role in machine learning and training inference. With a strong focus on AI, Amazon remains at the forefront of technological advancements.
1 - Shopify Set to Launch AI Assistant "Sidekick" for Merchants
Shopify is gearing up to release "Sidekick", an AI assistant embedded on its platform, offering merchants valuable support by answering queries and providing sales trend insights. The upcoming feature will also enable entrepreneurs to easily update their Shopify stores, including applying discounts. Joining the ranks of other tech companies, Shopify aims to enhance merchant experiences with AI-driven assistance.
App of the week: Growave
Elevate your Shopify store's performance with Growave, the ultimate all-in-one marketing solution. Consolidate your efforts and streamline operations by leveraging Growave's powerful features in a single app. From reviews and wishlists to loyalty programs, referrals, and user-generated content (UGC), Growave solves multiple challenges, saving you time and costs. Build trust with social proofing, engage customers through incentive-based promotions, and foster loyalty with personalized rewards. Seamlessly integrate with social media channels and optimize customer registration with lightning-fast Social Login. Unleash the full potential of your e-commerce business with Growave and watch your success soar. Sign up here.
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