The summer months are often a challenge for online retail, as customer interest and sales can decline. Additionally, rising costs and ongoing inflation are making the business environment for e-commerce even more difficult. This year, online retailers not only have to contend with the usual summer slump but also with added economic challenges. Alexandra Anderson, …
How can you integrate sustainability into your eCommerce checkout? The correlation between a positive eCommerce experience and an increase in repeat orders and loyal customers is undeniable. Sustainability has never been more important to consumers and our future than it is today. Here, we look at a few simple ways to improve the customer journey …
A democratic vision for artificial intelligence must prevail over an authoritarian one. Sam Altman is co-founder and CEO of OpenAI and addresses the question: Who will control the future of AI? This is the urgent question of our time—and the foreseeable future. The rapid progress in artificial intelligence means that we face a strategic choice …
In the latest issue of IHK Plus, volunteer judges share their exciting responsibilities. Among them is Professor Richard Geibel, head of the E-Commerce Institute and professor at the IU International University of Applied Sciences. “As a researcher, I am naturally curious, so this opportunity interested me when it was brought to my attention,” says Richard …
Many people use Google search to find their preferred online shops when shopping on the internet. Unsurprisingly, Amazon leads this ranking. However, several German companies are also represented in the top 10. According to a detailed Google analysis by the agency Buzzlink in collaboration with digital marketing expert Aaron Kübler, people in Germany search for …
China’s Relentless E-Commerce Price War Leaves Sellers Struggling to Make Ends Meet China’s e-commerce vendors are struggling for survival as sales growth slows, price pressure rises, and shopping platforms compete with increasingly aggressive policies to attract increasingly cost-conscious customers. A once-thriving e-commerce industry, punctuated by shopping bonanzas featuring galas and celebrities, is bearing the brunt …
In the bustling digital marketplace of 2024, a new currency is emerging: content. However, a recent study by Google researchers warns that this currency could rapidly lose value due to a flood of artificial intelligence (AI)-generated material on the internet. The implications for eCommerce, digital marketing, and consumer behavior are profound, potentially reshaping the online …
In 2022, Germany’s largest online shops recorded a revenue decline for the first time. A study estimates the losses to be around 2.2 billion euros. According to an investigation, growth in the German online retail sector declined for the first time in 2022. Last year, the top 1,000 business-to-consumer (B2C) online shops saw a revenue …
Learn how the blend of digital and physical sales can reshape your business. Key Points: AI-powered interaction. AI-driven analytics enable personalized real-time experiences that enhance customer loyalty and conversion rates. Hybrid retail is evolving. Combining digital and physical stores enhances customer experiences and expands global reach. Consistent brand presence is crucial. Uniform brand experiences across …
How can online retailers save time and optimize bureaucratic processes related to payments and finances? These tips can help. Invoicing, submitting applications, and mastering complex accounting – these tasks sound like the complete opposite of the fast-changing world of e-commerce. Yet, paperwork is unavoidable even for online shops. With the following tips, however, payments and …
In an increasingly challenging economy, many e-commerce entrepreneurs are leveraging AI to stay competitive and enhance profitability. Here are Gary Huang’s insights. It’s not easy being an e-commerce entrepreneur today. “This economy is becoming more difficult, especially for Amazon sellers,” says Gary Huang, an experienced e-commerce entrepreneur and founder of the 7 Figure Seller Summit, …
Good news for everyone who hasn’t yet been able to submit their application for ISPC 2024: The deadline for abstract submissions has been extended to July 1, 2024. To provide all interested parties with the tools for a successful application, we will outline the most important facts below. We are excited to announce the ISPC …
For years, Google has denied using clicks on organic listings as a ranking signal. We now know better. Recently revealed documents show that Google indeed uses click-related signals in its algorithm. Here is an overview of those documents and my insights on the impact on search engine optimization. Organic Clicks At the federal antitrust trial …
A significant number of Germans purchase a large portion of their goods online, as confirmed by a study from Statista. With this record growth, the number of competitors also rises, as more companies establish themselves in the digital world. This means increased competition for you. Therefore, it is crucial to stand out from the crowd. …
The summer event season is slowly starting. Today we’re back with a handful of the most exciting networking and professional development opportunities for June. Search Inside Yourself – June 3, 2024 Experience the globally successful program for modern leadership and self-leadership, developed at Google for a fast-paced world. The Search Inside Yourself program offers you …
The e-commerce sector is constantly evolving, and with the introduction of flexible payment solutions like “Buy Now, Pay Later” (BNPL), new standards are being set. These innovations offer significant advantages for consumers and revolutionize the business practices of online retailers. The Rise of BNPL: Changing Consumer Behavior In recent years, consumer behavior has changed significantly. …
The adtech startup Vudoo has been selected by Amazon Web Services (AWS) as a partner for shoppable videos. This partnership strengthens Vudoo’s position as a leading eCommerce specialist and technology provider. Thanks to this selection, AWS partners worldwide can access Vudoo’s innovative in-stream checkout technology, which transforms content and ads into directly shoppable assets. Vudoo’s …
Now I am your lecturer. Artificial intelligence has the potential to revolutionize education. How far have universities already come in implementing it? Syntea may be a pioneer in the field. Syntea is the most in-demand staff member at the International University (IU). With blonde, shoulder-length hair and a light blue blouse, Syntea has answered more …
Today we proudly announce a new partner of the E-Commerce Instituted and for the ISPC: the Alliance for AI & Humanity (AAIH). With this, the E-Commerce Institute is now a founding member of the AAIH and will contribute its expertise to help advance and promote ethical AI through the nonprofit organization. The Alliance for …
E-commerce has gained a crucial role in global trade by granting companies access to a worldwide market. This progression results in an increasing number of cross-border transactions, enabling businesses to distribute their products and services across national boundaries and reach customers globally. The expansion of e-commerce has led companies into a global arena of trade, …