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What the CashRewards, Little Birdie deal says about the rise of AI in retail

Inside Retail

Little Birdie is an AI-powered price-comparison shopping platform that launched in 2021, with $30 million in funding from the Commonwealth Bank of Australia, before suspending operations in May. Our vision is to be the ultimate shopping companion,” Anthony Seymour-Walsh, CEO of CashRewards, told Inside Retail.

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Klarna Launches Klarna Comparison Shopping Service across Europe

A1 Retail

New marketing service enables retailers to acquire more online shoppers cheaper. Klarna, a global retail bank, payments, and shopping service, today announced the launch of their new Comparison Shopping Service (CSS) in 21 markets. This is how Klarna Comparison Shopping Service works.

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BNPL Provider Klarna Expands Further into Social Commerce with Two Acquisitions

Retail TouchPoints

Klarna is continuing to build out its solution suite with two new acquisitions, moving beyond the buy now, pay later space with the goal of becoming a “retail bank, payments and shopping service,” according to the company. HERO and APPRL aren’t Klarna’s first forays into social commerce.

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What Meta’s move away from Instagram Shopping means for retailers

Inside Retail

Its cash cow of discovering new products and services has served it well, but it has long looked at getting closer to the transaction in its platform – either by actually completing the transaction or building a social shop. In the West, we seem to value diversity in services (despite the best efforts of Amazon, Uber, Meta, et al).

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Effective Strategies to Reduce Shopping Cart Abandonment

I Love Fashion

However, the ratio depends a lot on the industry, such as cruise and ferry services , which went through 98%, groceries, which went through 50.03%, and more. Lack of multiple payment options. Complex checkout process. Comparison shopping. The abandonment of shopping carts also affects inventory management.

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Klarna’s app and growth solutions drive high traffic to retail partners

A1 Retail

New data from Klarna, the global retail bank, payments and shopping service, reveals that Klarna’s retail partners received 301 million clicks from consumers via the Klarna app globally in 2021, increasing their traffic by 2.6 45 out of 100 top retailers in the US are currently leveraging Klarna’s advertising services.

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10 Finance Tips All Retailers Should Follow

Retail Next

You don’t want to get a bad reputation among fellow business owners as someone who is always late on payments. Savvy retail owners know that one of the best investments they can make in their business is acquiring a point-of-sale (POS) system , which can manage transactions, accept credit card payments, track inventory and provide reports.

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