Ashye Marcus’ Post

You would think we just like queuing🤣. In the last 10 years, Amazon’s physical store sales grew just 16%.... Despite dominance as an online retailer, Amazon’s foray into physical supermarkets has been less than stellar. The closure of several Amazon Go and Fresh stores, along with the phasing out of “Just Walk Out” technology in US supermarkets, suggests a retreat from its ambitious retail reinvention. It seems that the traditional supermarket model remains resilient against even the most technologically advanced disruptors. In summary: - “Just Walk Out” technology requires people to ensure appropriate customer experience. - The technology appears to be more expensive than anticipated - and does not work for every product. - Attempts to disrupt has challenges due to brand loyalty to established brands as well as consumer habits that can be resistant to change. #RetailInnovation #AmazonFresh #SupermarketTrends #BusinessStrategy #ai #cx #customerexperience #retail #grocery #digitaltransformation https://lnkd.in/e2tPkt9S

Retail Today / Retail Renaissance: Don’t you hate it when someone says “I told you that wouldn’t work”? “Tech Panacea” #techpanacea Amazon changed the Retail Industry forever!! Creating exciting opportunities for commerce from anywhere from anyone. They woke up a sleeping industry and started a fire of innovation. 🔥🔥 #amazon #innovation It always begs the question, we’re they a technology company or a retailer? It doesn’t matter, with $575 Billion Dollars in sales, they made their point! #technology JWO “JUST WALK OUT”: Amazon’s dream of creating a seamless shopping experience. I personally struggled with this concept, yes I could see it used in small convenience situations. But it just didn’t make sense in grocery stores. #groceryindustry The Retail Industry developed “Amazon Envy”, everyone trying to match Amazon creativity, technology and experience. #amazonenvy When customers were begging for exciting, emotional, entertaining stores, filled with compelling merchandise. Better know as JWI “JUST WALK IN”, Merchants understand the importance of creating a shopping experience. #tjx #target #walmart #fivebelow #costco #ollies #bucees #wholefoods The good news, retail is back thriving and growing. Let technology continue to support the enterprise in a seamless, efficient and effortless manner. #retail #retailtrends #stores #ecommerce #sales #customers #TopRetailExperts

When you want to get people excited about a new AI shopping tool, maybe you can find a better example than suggesting flowers and candy as Valentine's Day gifts. #Amazon announces Dufus, I mean #Rufus, to try to get caught up in the #GenAI race a few months after Walmart debuted a similar tool. #onlineshopping #retailing #ecommerce

📢 Important news for Amazon US sellers! Starting in 2024, Amazon US introduces a series of fee changes and new services designed to enhance efficiency and cost-effectiveness 🛒💸 Discover how these changes, including reduced fulfilment fees, new inbound placement service fees, and adjustments to inventory level fees, can benefit your business 📉💰 Learn more about how Amazon is transforming logistics and offering more value to its partners. Follow the link to dive into the details and prepare your strategy for the upcoming changes: https://lnkd.in/djYXDwkH 📰🔍 Get your insightful read by subscribing to our 'Marketplace News in 60 Seconds': https://lnkd.in/edFDPn4S #marketplace #omnichannel #ecommerce #insights #news #newsletter #amazonsellers #ecommercenews #businessgrowth #amazonusa #amazonfba #feechanges2024

While Amazon continues to dominate online retail, Walmart's recent performance is turning heads. Their strategic focus and data-driven approach are proving successful, attracting new customers and boosting revenue. Here's how Walmart is shaking things up: - Impressive Q1 2025: Revenue jumped 6%, with strong growth in both brick-and-mortar and e-commerce sales (up 22%). - Beyond Affordability: They're attracting high-income shoppers with premium products and services, previously a stronghold for Amazon and Costco. - Strategic Growth: Investments in technology, data science, and a broader product range are fueling their success. #Growth #Retail #Ecommerce #DataScience

🔶 How much Amazon losing on returns ? 💠 The dark side of Amazon returns: Boxes getting sent back has metastasized to an $816 billion yearly problem - "Amazon CEO Andy Jassy". 💠 In the U.S. alone, retailers lost an estimated $816 billion in revenue as a result of consumers returning 16.5% of merchandise purchases, according to the National Retail Federation (NRF) - "forbes.com". 🌟 A small ML model to predict whether the customer will return order or not / chances of return. #datascience #machinelearning #analyst #ecommerce #shopping #data #retail #datascientist Amazon Flipkart Walmart JioMart Digital

The battle for retail dominance is heating up between Walmart and Amazon. With Amazon's sales growing at twice the rate of Walmart's, the competition is fierce. ➡️ In 2023, #Walmart hit $648 billion in sales, while Amazon reached $575 billion. ➡️ Walmart's Q1 revenue: $161.5 billion, with a 21% increase in global e-commerce sales. ➡️ #Amazon's growth strategy includes a 13% increase in net sales and a $4 billion investment in AI. Will Amazon overtake Walmart by 2025? Click the link in the comments to read more. 🔗👇 #RetailNews #EcommerceNews

Amazon's decision to remove 'Just Walk Out' checkout technology from its grocery stores has sparked a lot of intrigue and analysis. Introduced with great fanfare, this technology promised to redefine convenience by enabling shoppers to grab items and leave without waiting in line. However, this move perhaps underscores the complexities and nuances involved in implementing cutting-edge solutions at scale. While the 'Just Walk Out' technology showcased Amazon's commitment to innovation, its practicality in real-world settings faced challenges, from technical glitches to concerns over privacy and data security. This decision reflects the delicate balance between innovation and practicality in retail. Ultimately, Amazon's decision to remove 'Just Walk Out' may not be a setback, but rather a strategic recalibration—an opportunity to refine and reimagine the future of frictionless retail experiences! #Innovation #RetailTech #FutureOfRetail #RetailPonder

Daily content #19 - Walmart's $400 billion revenue I will be posting daily, whether I go viral or receive just 1 view. I'll keep posting to test whether consistency works. Walmart is a multinational retail corporation founded in 1962 by Sam Walton. It started as a single discount store in Rogers, Arkansas, and has grown into the world’s largest retailer, with thousands of stores globally. Walmart's success can be attributed to its focus on cost leadership, operational efficiency, and customer-centric strategies. Here are 5 key takeaways for founders and professionals: 1. Cost Leadership: Walmart’s commitment to offering the lowest prices through efficient supply chain management and economies of scale allowed it to attract a large customer base and maintain a competitive edge. 2. Innovation in Supply Chain: Pioneering advancements in logistics and inventory management, such as cross-docking and real-time data analysis, enabled Walmart to reduce costs and increase efficiency. 3. Customer Focus: Understanding and meeting customer needs has been central to Walmart's strategy. Their emphasis on providing a wide range of products at low prices ensured high customer satisfaction and loyalty. 4. Expansion Strategy: Walmart’s strategic approach to expansion, including building stores in small towns and later scaling to urban areas and international markets, facilitated sustained growth and market penetration. 5. Technology Utilisation: Early adoption of technology, from point-of-sale systems to data analytics, helped Walmart optimize operations, forecast demand, and improve decision-making processes. As of 2024, Walmart is valued at over $400 billion and continues to be a dominant force in the retail industry. In summary, operational excellence and relentless focus on cost-efficiency can lead to industry dominance. Follow for more daily content posts: datahalt.blogspot.com also if interested... I'm working on a startup - DataHalt - We're building a data privacy platform that collects first party data using cookie consent AI tracking. We connect trust with data. www.datahalt.com #DataHalt #startup #founder #business #data

In the #realm of #Amazon's digital bazaar, #Sellers thrive, reaching near and far. Listing products with care and grace, Navigating #ecommerce's vast embrace. #Reviews, the whispers of #buyer's delight, Stars that shimmer in the digital night. From #product pages to the checkout stream, A symphony of #sales, a seller's dream. In the jungle of #algorithms, they dance, #Optimizinglistings, taking a chance. Images and words, a compelling tale, In the crowded #marketplace, they set sail. Fulfillment centers, a bustling hive, Where packages embark on #journeys alive. Prime deliveries swift as a river's flow, Sellers riding the current of #success they sow. Navigating policies, a delicate art, In the world of commerce, playing their part. #Customer service, a beacon so bright, Turning challenges into #opportunities, day or night. So here's to the sellers, bold and keen, In the vast #Amazonian digital scene. May your sales soar, and your dreams come true, Engaging with customers, #building a bond anew.