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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

TryNow — which provides technology to online retailers that use Shopify Plus to let their customers receive and try out apparel, return what they don’t want and pay only for what they keep — has raised $12 million, funding that it will be using to continue expanding its business.

Retail 253
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How Much Does It Cost to Create an Online Shopping App Like Idealz?

Xicom

They have a wide range of product categories that include apparel, footwear, accessories, and electronics. Idealz also uses analytics and AI to optimize its business model. Product reviews: Customers can leave reviews on products they purchased which helps others to make informed purchase decisions.

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Our Top Website Plugins for Shopify Sites

Strategy Driven

Yotpo: Boost Customer Reviews and Loyalty Yotpo is your go-to plugin for customer reviews and ratings. It enables you to collect and showcase product reviews, photos, and Q&A. Social integration and customisable widgets make it easy to build trust and engagement with your audience.

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How to reinvent Mobile eCommerce App through Personalization

Openxcell

A world is full of e-commerce where services and experiences matters, as a shopper, I will expect that everything should be offered to me from communication to their social media images for clarity and trust to the items delivered the same as shown on the website. Customized and Shoppable Social Media Feed.

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Don’t let product returns eat into your profits

Zensar

Besides chipping away at your pocket, returned goods are also impacting the environment adversely due to a shortage of space and resources to handle it. However, they also agree that while returns are integral to driving sales, they also lead to significant losses, primarily due to the high costs of reverse logistics management.

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How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

Grocery shopping has been evolving from being a fully social activity to faster purchase gathering and checkout experience with little to no interaction with the store staff. A visitor, with an opened Amazon Go app, scans a QR code on a turnstile to enter a store (like at an airport to get on board) and picks up what they need.

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Demand Forecasting Methods: Using Machine Learning and Predictive Analytics to See the Future of Sales

Altexsoft

Too many factors, from weather fluctuations to posts of social media influencers, impact buyers, making them frequently change their minds. Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool.