Social Commerce Social Commerce: Emergence and Importance

Social Commerce: Emergence and Importance

  Richard C. Geibel talks about the currently very fast-growing field of social commerce, which represents a new type of combination of social media and e-commerce. On the one hand, functions of e-commerce are adopted in the social media platforms (esp. Instagram, meta, YouTube, TikTok) and on the other hand, elements of social media are …

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Digital Management International Scientific-Practical Conference 2022: One-Pagers Submitted!

International Scientific-Practical Conference 2022: One-Pagers Submitted!

On 4 November 2022, East European University (EEU, Georgia) and its partner E-Commence Institute (Cologne, Germany) are organizing the joint “International Scientific-Practical Conference (ISPC 2022)” on “Digital Management – Chances and Challenges of Technology” as an online event. The aim is to evaluate the possibilities of digital management under current conditions, highlight technological changes and address …

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Social Commerce Customer reviews are influencing purchasing decisions

Customer reviews are influencing purchasing decisions

Almost three-quarters of German consumers are now influenced by product reviews, photos and videos of other shoppers on the Internet when shopping. Shopping via social media channels is also becoming increasingly popular, as a study by the software manufacturer Bazaarvoice shows. Photo by Brooke Cagle on Unsplash The survey with more than 7,000 respondents, including …

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General 4 visions for the future of retail

4 visions for the future of retail

The future of retail includes embracing ecosystems and the experience economy, reconfiguring stores, and preparing for Web3 and the Metaverse. Image credit: Photo by Nathália Rosa on Unsplash  Michaels, the arts and crafts chain, used to have employees teach art classes at some of the company’s stores. Looking to scale this program, Michaels built a …

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E-Commerce Gamification: The E-commerce Channel of Tomorrow?

Gamification: The E-commerce Channel of Tomorrow?

New trend check trade shows the potential of the gaming world for trade. Source: Pexels.com After a two-year break, Gamescom in Cologne, the world’s largest trade fair for computer and video games, opens its doors again and visitors can explore the latest games and trends from the gaming world on site. There are many prejudices against …

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General Metaverse: More than just a gimmick

Metaverse: More than just a gimmick

Many market observers are convinced with the arrival of Metaverse. Like the mobile internet, the new virtual world could change the way companies and brands communicate with their customers and target groups. Since the Facebook parent company changed its name to Meta in October 2021, there has been no stopping it: everyone is talking about …

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E-Commerce More and more start-ups in the online and mail order business

More and more start-ups in the online and mail order business

The number of newly founded online start-ups and mail order companies has increased tenfold within the last 10 years. The increasing digitization of trade and changed shopping habits are playing into the hands of the industry. Image: Pixabay Since the first documented sale of goods on the Internet in August 1994 – a CD by …

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General From MIT social media summit, 5 trends experts are watching

From MIT social media summit, 5 trends experts are watching

Fighting misinformation, understanding powerful algorithms, and mitigating harms are top concerns for social media experts. With social media playing a major role throughout society, understanding how to shape and manage its power is an urgent challenge. Experts discussed the complicated social media landscape and meaningful solutions at the second annual Social Media Summit @MIT, hosted by …

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Event International Scientific-practical Conference (ISPC) on 4th November 2022: Digital Management, Chances and Challenges of Technology

International Scientific-practical Conference (ISPC) on 4th November 2022: Digital Management, Chances and Challenges of Technology

On 4 November 2022, East European University (EEU, Georgia) and its partner E-Commence Institute (Cologne, Germany) will organise the joint “International Scientific-Practical Conference (ISPC 2022)” on “Digital Management – Chances and Challenges of Technology” as an online event. The aim is to evaluate the possibilities of digital management under current conditions, highlight technological changes and …

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General Why it’s time for ‘data-centric artificial intelligence’

Why it’s time for ‘data-centric artificial intelligence’

Machine learning pioneer Andrew Ng argues that focusing on the quality of data fueling AI systems will help unlock its full power. The last 10 years have brought tremendous growth in artificial intelligence. Consumer internet companies have gathered vast amounts of data, which has been used to train powerful machine learning programs. Machine learning algorithms …

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General Rise of the super apps

Rise of the super apps

Super apps are preparing to bundle previously separate functions in one application. This is convenient for the consumer and lucrative for the provider – read below why and how it is changing the market. So-called “super apps” are a fixture in Asia, and this trend is now slowly establishing itself in Europe as well. Behind the …

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General What Second Life and Roblox can teach us about the metaverse

What Second Life and Roblox can teach us about the metaverse

As companies explore what a robust Metaverse means for them, executives from Second Life and Roblox offer guidance. The idea of a “Metaverse” reached critical mass last fall when Facebook announced its new company name, Meta, and its intention to build “a 3D place where people can work, play, and connect with others in immersive, …

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General Paying with your face: Why more and more brands are investing in biometrics

Paying with your face: Why more and more brands are investing in biometrics

Biometric authentication solutions are slowly gaining ground in more and more areas. Read below as to what is lacking and why they will still permeate our everyday life. The number of case studies in public space is increasing and by no means only in China: biometric authentication solutions are about to conquer everyday life. The …

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General AI in the office: What helps SME companies get started

AI in the office: What helps SME companies get started

The world is becoming more and more digital, and so is the office. Smaller and medium-sized companies are increasingly using artificial intelligence, which makes manual work easier or superfluous. But experts say there could be a lot more. What are the reasons for the reluctance? And what does it take for AI to become widespread? The future has already …

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General One Day in the Metaverse in the year 2035

One Day in the Metaverse in the year 2035

What is the Metaverse? We present the latest trend from Silicon Valley. Using an exemplary day of a young woman in 2035, we explain what this vision could look like and what this could mean for retail in concrete terms. Unsere Protagonistin ist Mia, 25 Jahre alt. Wie sieht ihr Tag genau aus? 8 a.m.: Mia …

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E-Commerce Worldwide Online Marketplaces Part 2/2

Worldwide Online Marketplaces Part 2/2

In recent years, the internet boom has given rise to a number of online marketplaces. In a series of articles, we track the growth of online marketplaces and the projection of growth in sales. This is part 2 of a series, read part 1 here. Deep Dive: Amazon With 47%, Amazon generates the largest share …

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General Metaverse: What is it and what do companies need to do now?

Metaverse: What is it and what do companies need to do now?

Metaverse is the latest hype in Silicon Valley and the tech giants are investing billions of US dollars. But what is the Metaverse anyway? How can you or should you get in now? Metaverse Metaverse is a vision for a shared online world that does not currently exist. It merges the virtual world, augmented reality …

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E-Commerce Worldwide Online Marketplaces Part 1/2

Worldwide Online Marketplaces Part 1/2

In recent years, the internet boom has given rise to a number of online marketplaces. In a series of articles, we track the growth of online marketplaces and the projection of growth in sales. Understanding what a Marketplace is and the Gross Merchandising Volume (GMV) What is a Marketplace? An online marketplace is an eCommerce …

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Research Report: Impact of Smart Cities, Startups and Co-Working on Gender Equality 4/4

Report: Impact of Smart Cities, Startups and Co-Working on Gender Equality 4/4

Antonia Terriuolo,  with Margherita Girotto, Anastasiia Chaikovska wrote an excellent  report  on how  smart cities, startups and co-working contribute to gender equality at Ca’Foscari University of Venice. Access the first part here, the second part here and the third part here. Continue to read below, for the fourth and the final part of the report. […] 7. Opinion and Suggestions The following chapter …

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Research Report: Impact of Smart Cities, Startups and Co-Working on Gender Equality 3/4

Report: Impact of Smart Cities, Startups and Co-Working on Gender Equality 3/4

Antonia Terriuolo,  with Margherita Girotto, Anastasiia Chaikovska wrote an excellent  report  on how  smart cities, startups and co-working contribute to gender equality at Ca’Foscari University of Venice. Access the first part here and the second part here. Continue to read below, for the third part of the report.  6. Innovation and SDGs Having stated previously …

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