data management 11 Jan 2024
Similarweb today released its annual ranking of the fastest growing digital businesses, the Digital 100. The summary below is based on an analysis of the US market, but today Similarweb also published rankings for the United Kingdom, France (in French and English), Germany (in German and English), India, Japan, Brazil, and Australia. Each of the winners was already operating a substantial online business in 2022, but significantly increased its reach in 2023. They were ranked by percentage increase from 2022 to 2023. Our analysts particularly sought out consumer brands transacting business online. The report covers 10 key categories: Apparel & Accessories, Automotive, Beauty & Personal Care, Consumer Electronics, Food & Drinks, Home & Garden, News & Media, Personal Finance, Pet Care, and Travel & Tourism. Some of the biggest increases (6 of the top 10) were in News and Media, where a hot topic or a strong referral source can produce dramatic growth (+2,679% year-over-year for the parenting blog parentztalk.com). But we also saw huge growth for online retailers and direct to consumer sellers like the Korean Beauty and Cosmetics brand Elorea (+1,156% year-over-year for elorea.com), online grocer Stater Bros. (+854% for shop.staterbros.com), consumer bank BMO, (+670% for bmo.com), and women’s footwear brand Vivaia (+655% for vivaia.com). We recognized brands demonstrating success in tougher markets like consumer electronics, where digital businesses averaged 4% growth but mobile game console maker Backbone stood out with playbackbone.com up 264%. “The Digital 100 is our annual celebration of business success online, highlighting publishers and sellers who have achieved huge increases in their online audience within a single year,” Similarweb CEO Or Offer said. “Similarweb’s mission is to provide comprehensive visibility into web, search, app, and other measures of digital markets, allowing companies to benchmark their own performance and discover opportunities to improve their performance versus the competition. The Digital 100 companies show that tremendous growth is possible, even in highly competitive markets the kind of success all companies should aspire to.”The Digital 100 is Similarweb’s exclusive annual ranking of the 10 fastest growing web businesses in 10 categories, including publishers, retailers, and direct to consumer manufacturer websites in the US. Rankings for the United Kingdom, France, Germany , India, Japan, Brazil, and Australia also unveiled today
technology 11 Jan 2024
Bazaarvoice, Inc., the leading platform for full-funnel authentic user-generated content (UGC) and social commerce solutions, today released its latest study based on a survey of more than 8,000 global shoppers and over 400 brands. The results revealed that fake reviews are something that weigh heavily on people’s minds when they are shopping, and they want brands to take action in order for them to feel confident in the content they’re consuming online.
“Fake reviews undermine confidence in online content, dissuading shoppers and negatively impacting the online sales of brands and retailers,” said Andy Chakravarty, VP of Research at IDC Retail Insights. “Validating authenticity of product reviews improves the customer experience, giving shoppers peace of mind as they make informed purchasing decisions.”
Global survey highlights include:
“This study underscores the absolute necessity of user-generated content (UGC) being authentic,” said Zarina Lam Stanford, CMO at Bazaarvoice. “Brands and retailers need to ensure that their customers trust the content they consume online. If shoppers can’t trust UGC, it loses all of its value, and companies will lose out on sales. Trust signals like the Bazaarvoice Trust Mark is a symbol of a company’s dedication to authentic consumer feedback on its products. It’s also a signal to consumers that the content they’re consuming is protected by a neutral third party with sophisticated fraud detection technology and industry-leading best practices.”
advertising 11 Jan 2024
Today, FreeWheel, a global technology platform for the television advertising industry, released new findings from its Viewer Experience Lab initiative. The report, Designing a Better Ad Pod, explores how publishers can optimize the quantity and frequency of ads in an ad pod to improve viewer experience and brand results.
The new findings come at a time when content continues to fragment across streaming platforms, making it imperative for content owners to focus on improving the ad experience to maintain viewers’ attention and favorability. Developed in partnership with MediaScience, this is the first research of its kind to provide insights on how to best optimize ad pods.
“When we launched this initiative at Cannes, we committed to driving it forward through research and innovation in order to understand how consumers feel and react to ads and how we can improve their overall viewing experience,” said Mark McKee, General Manager, FreeWheel. “With so much choice for consumers on how and where they engage with content, it’s more important than ever that platforms prioritize the viewer. This research provides practical considerations for publishers to make the ad experience better and limit subscription churn, while giving brands the best environment to connect with viewers.”
In the study, 700 viewers participated in at-home or in-lab viewing environments and were shown programming with varied ad pod lengths, ad durations and frequency. They were then surveyed in real-time to understand their perception of the ad experience and test their recall of ads within the content.
The FreeWheel Viewer Experience Lab and MediaScience then analyzed their responses to create a report that provides research-backed insights that can be used to design optimal ad pods and a positive viewer experience:
"This is ground-breaking research that empowers media planners to best capitalize on their investment,” said Dr. Duane Varan, CEO, MediaScience. “By applying a research-based approach to a commonsense problem, the findings finally give due regard to key characteristics of the ad pod, while also optimizing the ad environment for viewers. It’s win-win all around."
Designing a Better Ad Pod is part of ongoing research from FreeWheel to help the TV industry improve the ad environment for viewers across all premium video platforms. The goal of the Viewer Experience Lab is to educate the industry and inspire innovation to address this important and complex topic. Further custom research studies across the other core areas, Quality and Relevance, are expected to launch later in 2024.
artificial intelligence 11 Jan 2024
In partnership with Oxford Economics, Cognizant today revealed findings from its new economic impact study New Work, New World, which predicted that 90% of jobs will be disrupted in some way by generative AI (gen AI), setting the stage for a profound shift in how we approach work, productivity and economic growth. The study also found that the technology's impact will be influenced by the rate of business adoption and how quickly individuals can adapt to new ways of working.
"Our study aims to lift the curtain on the effects generative AI may have on our global workforce," said Adrian Cooper, CEO at Oxford Economics. "The research findings showcase just how quickly this technology might disrupt the trajectory of the U.S. economy, offering invaluable insights for leaders to harness its potential and adapt swiftly."
Generative AI offers the potential to improve operational efficiency, create new revenue streams, innovate products and services, and ultimately redefine businesses. To quantify generative AI's potential impact on productivity and the future of work, Cognizant partnered with Oxford Economics to create an economic model that explores three scenarios of U.S. businesses' generative AI adoption. This model considered 18,000 tasks that drive the U.S. economy, and carefully examines the impact Generative AI may have on the jobs that ladder up to these tasks. While focused on the U.S. workforce, the general themes that emerged from the findings can be applied globally. The research unveiled key insights, including:
"Generative AI has already astonished us with its capabilities across industries, but the true impact of its integration in our daily business operations has just scratched the surface," said Ravi Kumar S, Chief Executive Officer, Cognizant. "To apply the technology's potential to amplify our productivity, we must understand its full influence on the future of work and come together to create the best opportunities for people to grow alongside it."
Reskilling The Workforce as AI Advances
While the timeline of this research spans more than a decade, Cognizant believes that leaders across all sectors of society should work together today to establish a new trust compact that will enable businesses, workers, and economies to thrive in the age of generative AI. As this technology becomes commonplace in the workforce, new employee skills will be in demand to support areas including business strategy and AI management. Reskilling programs, once seen as a tactical add-on to an employee's career path, will become an essential part of the workday, with time allocated for training and education.
In line with this vision, Cognizant recently launched its Synapse initiative, designed to revolutionize and rebalance the landscape of tech education and workforce development by redefining opportunities for more than one million individuals worldwide. Drawing on Cognizant's deep expertise and long history as a tech reskiller, the initiative aims to create a new, employable talent pool for the expanding digital economy by 2026.
technology 11 Jan 2024
Wix.com Ltd., the leading SaaS website builder platform to create, manage, and grow a global, digital presence, today announced a new revenue sharing plan for Partners creating on Wix Studio, the ultimate creation platform built for agencies and freelancers. The new revenue share plan is part of the exclusive Wix Partner Program which is a loyalty-based program with benefits such as priority support, a Partner success manager, eligibility to join the Wix Marketplace, advanced features, and collaboration opportunities within the Wix community. These benefits are designed to empower professionals and fuel their business growth.
Agencies and freelancers can now apply to join through the Wix Studio Workspace, a dashboard designed for agencies and freelancers to manage all of their projects seamlessly. From the moment they join the new program, Partners can start earning revenue share on Wix Studio sites they've created.
The revenue-sharing program includes:
"Wix Partners play a critical role in the Wix ecosystem and we're thrilled to significantly broaden earnings opportunities to reflect our commitment to them," said Michal Bignitz, VP of Partners at Wix. "The new program is designed to empower Partners to start earning on day one, through a lifetime partnership with multiple growth opportunities. We look forward to continuing to develop our thriving ecosystem where every Partner can achieve their business goals."
To qualify for the new revenue sharing program, Partners must be the first owner of the Wix site and the program applies exclusively to new yearly plans, sites, and packages. Participants in the program are subject to a retention condition, requiring the generation of at least one Wix premium or Wix Studio premium site per year to qualify for the revenue share and the Partner program's benefits. The terms of the program are subject to change.
The new revenue sharing plan is open to Partners globally subject to the limitations that apply to the Partner Program.
technology 11 Jan 2024
There’s a shift in the way Microsoft Teams users communicate, and Clerk Chat, a leading conversational messaging platform, is at the forefront of this technological advancement. Clerk Chat enables native integration into Microsoft Teams for SMS text messaging and WhatsApp.
Microsoft Teams, with over 271 millions users, serves as both a leading collaboration platform and a unified communications powerhouse. Embraced by more than 15 million companies daily, it excels as a UCaaS platform, particularly for remote work, functioning as a virtual workspace. The platform offers robust calling and productivity features, including chat, audio/video calls, virtual meetings, and real-time document sharing.
However, one area where Microsoft Teams falls short is not providing a native SMS texting solution, and when many companies transition from Zoom Phone, RingCentral, 8x8, Dialpad and other VoIP providers, they find themselves hand-tied when they cannot text.
And now, with Clerk Chat’s ability to natively integrate with Teams, users can finally make both calls and send SMS to people outside of their organization, whether it be clients or customers, using their existing business phone number. There is no more need to choose multiple providers for texting and calling - Clerk Chat, through its Operator Connect partnership with Tier1 telecom providers, is able to provide seamless communication services. Clerk Chat’s solution is powered by Bandwidth, the main carrier for Microsoft Teams calling, which allows you to avoid lengthy and messy porting processes. In fact, customers can bring their existing Teams phone numbers with absolutely no disruption to calling.
Bringing messaging to Microsoft’s calling customers allows businesses to tap into the most popular channels of communication: SMS and WhatsApp. Companies can confirm appointments, schedule automated messages, and dominate voice or text-based customer service - all while ensuring compliance¹ due to Clerk Chat’s SOC2 Type2 certification.
From an outside perspective, Clerk Chat appears to be effortlessly building the future of communication. “We enable a multi-channel approach that allows businesses to speak to their customers via their channels of preference,” said Igor Boshoer, Chief Technical Officer and Co-Founder of Clerk Chat. “The telecommunication component, integrating within Operator Connect, is really the backbone of powering those channels in a really elegant way for those businesses - we’re able to meet the most rigorous compliance standards by encrypting the messages as well.”
Integrating Clerk Chat into Microsoft Teams for SMS and voice streamlines communication, saving time and eliminates channel-switching. And, with Operator Connect, which revolutionizes connectivity, businesses simplify PSTN integration directly in Teams, gaining access to Clerk Chat's technical expertise, secure products and services, and its reliable infrastructure all while still receiving capabilities of Microsoft’s software support.
“We're really trying to be at the forefront of defining a secure digital landscape as a company,” said Will Chertoff, Vice President of Engineering and Co-Founder of Clerk Chat. “It’s integral for businesses to feel confident and be able to trust their sensitive data with a reputable messaging provider.”
marketing 10 Jan 2024
Loyalty360 has released its Next Generation Customer Loyalty: 2024 Loyalty360 Brand Marketer Research, including insights from brand marketers who run leading customer loyalty programs, on how their organizations are defining, planning for, and managing next generation customer loyalty strategies.
In October 2023, Loyalty360 led qualitative discussions with Brand Members and surveyed over 90 brand marketers to gain deeper insights into their perceptions of next generation customer loyalty, the opportunities marketers are embracing, and the potential challenges hindering their progress. The results highlighted the importance of next generation customer loyalty and shed light on the obstacles marketers must overcome to improve and enhance their customer loyalty efforts.
Key findings and takeaways from the report include:
"Our most recent research on next generation customer loyalty was driven by the eagerness of Loyalty360 Brand Members to gain a deeper understanding of the trends, technologies, and strategies poised to deliver significant value to their customer loyalty programs," stated Mark Johnson, CEO of Loyalty360. "In this era of rapid change, pioneering the evolution of loyalty programs and customer experience strategies that align with the expectations of consumers is not merely an option but a strategic imperative for marketers."
"Brands acknowledge that customer loyalty has transcended mere points and rewards; however, formulating a strategy for the next evolution of loyalty programs can be daunting," explained Carly Stemmer Ivory, Vice President and Research Analyst at Loyalty360. "Our latest report aims to provide valuable insights into how marketers can adeptly navigate this complex and ever-changing industry."
technology 10 Jan 2024
Exclaimer, the leading email signature management platform, today launches its Social Feeds feature, enabling organizations to embed their social media posts directly into their email signatures.
Over half (52%) of US consumers prefer to communicate with a business through email and 75% of US marketers have indicated that they want to explore social media further. At the same time, almost half (48%) of UK marketers consider one-to-one emails their company's primary communication channel. Exclaimer’s new Social Feeds feature gives businesses the opportunity to align these channels further to create a more seamless customer experience and help businesses maximize their ROI whilst increasing brand engagement.
“While organizations are continuing to look for ways to increase engagement with customers and offer them a more human and personalized experience, it remains crucial to work smarter and do more with less. Business tools need to evolve and adapt to meet these needs, and email signature solutions are no exception,” comments Vicky Wills, Chief Technology Officer at Exclaimer.
“Our Social Feeds feature helps companies maximize every 1-2-1 engagement opportunity by giving them a way to marry up social and email communications. We’re thrilled to launch our Social Feeds feature with Facebook and look forward to including additional social media platforms in the future. This is just one example of how Exclaimer has listened to its customers and evaluated the market to enhance our solution.”
The new Social Feeds feature enables organizations to:
Exclaimer will also roll out further additional product features to empower organisations to boost and streamline their marketing efforts. These include Salesforce integration to more accurately target content in email signatures based on buying or customer journey stage. A new Campaign Management feature will enable brands to more easily and rapidly align email signature messaging with other promotional campaigns for optimal performance.
Further recently launched features to enhance personal communications between organizations and their customers, prospects and partners include:
Exclaimer has been providing advanced email signature solutions to a global customer base of over 60,000 businesses since 2001, including big players like Sony, Mattel, NBC, the NFL’s Indianapolis Colts, and the BBC. These latest product updates are intended to reinforce email signatures as a marketing tool to prospects and add value to existing customers in a world where getting your message across in a cost-effective way is more challenging than ever.
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