Retail Painpoints

Home / Retail Painpoints

Every year holiday shopping kicks off with the Black Friday bang and winds down into a Cyber Monday finale, not to mention countless sales in the following days and weeks. It’s a weekend of unprecedented online shopping activity when customers depend on finding the perfect (heavily discounted) gifts for friends and family. Maybe a few unexpected splurges sneak into the cart. Who knows. Either way, it is THE time to finds the deals of the year. Deals that feel like...

Retailers that still don’t believe they have anything to learn from Singles Day may have a long road ahead if they want to stay competitive.  The 24-hour shopping extravaganza, held on Nov. 11, brought in $25.3 billion in sales (or gross merchandise value), up 39% compared to 2016. In addition to more than 140,000 Chinese brands and 60,000 international brands participating in this year’s Singles Day event, 225 countries and regions completed transactions throughout the day. In one day, this event eclipsed...

B2B eCommerce is fundamentally different than B2C in many ways. To date, the industry has been forced to adapt B2C search and navigation services to try to meet their needs. These solutions are lacking in many ways, and have not been designed from the ground up to accommodate the size, complexity and speed needed to create the next generation B2B Experience. GroupBy is revolutionizing B2B eCommerce Search. We are pleased to announce the launch of GroupBy B2B, the patent pending...

In case you missed it, the 2016 holiday shopping season was unprecedented.  In addition to over $7B in sales during Cyber Weekend, we saw a surge in mobile shoppers, a deeper investment in shopper experience, and creative new merchandising strategies to engage shoppers in holiday promotions.  Yet despite such strong results, there has been criticism around retailers who rely on deep discounting to move inventory during the holiday season.  Sacrificing gross margin and profitability is never a priority, so why...

Here at GroupBy we are technology geeks. The team is made up of both enthusiasts and experts, and we love learning what futurists predict about what comes next. Technology is constantly changing and evolving, finding its way into our lives in new and innovative ways.  Whether we are reconnecting with friends from our childhood through social media, or asking Google how to fix a faucet, humans and machines are learning how to work together harmoniously.   The intersection of man and...

Retail has seen an interesting new format crop up in the last five years that Amazon Prime, Birchbox, StitchFix and others have begun to perfect, but it’s a difficult business model to master. Using a carefully finessed recipe that couples automation and machine learning with human-driven curation techniques, subscription e-commerce companies are the poster children of the new generation of retail. For those constantly on-the-move consumers (which is most people these days), systems like these are gifts from the retail gods....