Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track.
We bring to you a curated digest of ecommerce developments/happenings around the world, compiled from various publications across the Internet.
eBay is using machine learning and “deep learning” to help determine what a shopper is looking for when they enter a search term. eBay researcher Hassan Sawaf heads the team tasked with developing tools and services in language technology – and the main objective is to open up new geographic markets. The Senior Director of Human Language Technology is featured in a video talking about the techniques. For example, the technology can be used to identify items based on single images from various angles.
Several months ago Kohl’s Corp. stopped breaking out most e-commerce sales metrics on its quarterly financial briefings to Wall Street analysts. But CEO Kevin Mansell was positively chatty Thursday about the initial plans and results for Kohl’s biggest e-commerce initiative so far this year: a buy online and pick up in store program. In the second quarter ended Aug. 1, Kohl’s, No. 22 in the Internet Retailer 2015 Top 500 Guide, finished rolling out a buy online and pick up in store program to all of the chain’s 1,164 stores in 49 states.
As news hit yesterday of Amazon’s decision to get shut down its product ads, Facebook is giving marketers more ways to use its dynamic product ads, letting retailers and other advertisers serve ads at consumers who visit their site or app. “The idea is to give marketers more ways to highlight products where consumers are already looking”, said Matt Idema, Facebook’s Global Head of Ads Marketing, at the ClickZ Live digital marketing conference in San Francisco this week. “We’re expanding the ability to reach people in apps.”
Amazon are inviting selected sellers to take part in a Central European Fulfilment Network (EFN) pilot program. We understand that sellers are being offered incentives to give Amazon the option of storing their German inventory in Fulfilment by Amazon (FBA) warehouses in either Germany, Poland or the Czech Republic. Units stored in any of the three locations would be considered as a single pool of inventory within Amazon’s German Fulfilment Network.
More than half of all revenue generated in China for Alibaba Group Holding Ltd. came from mobile devices during its most recent quarter. The e-commerce giant reported revenue generated from mobile devices of 7.987 billion yuan ($1.250 billion), a figure that represents 50.8% of the company’s overall revenue generated by its China commerce retail business of 15.712 billion yuan ($2.459 billion) during the quarter. Mobile sales for the quarter also represent growth of 225.5% from 2.454 billion yuan ($384.032 million) during the same period last year. Mobile accounted for 39.5% of Alibaba’s overall 20.245 billion yuan ($3.168 billion) during the quarter.