The idea of online shopping has been around for decades. The first item purchased online was Sting's Ten Summoner's Tales in 1994 for $12.48. Amazon and eBay, two of the biggest online retailers, launched their sites for the first time in 1995, but even at the beginning of the 2010s, Amazon only accounted for 6% of all retail sales. It took the events of 2020, with a global … [Read more...] about How Technology is Transforming Online Retail
While reputation management for some businesses may revolve around accumulating favourable reviews and online ratings, other companies are beginning to adopt an altogether wider focus for their on the upkeep of consumer perceptions online. There is no brand in the world that exists without any customer issues. With this in mind, it's highly beneficial for companies to invest in … [Read more...] about Reputation Optimisation: How Big Data Can Help Brands Build Their Reputation Online
Electronic bill presentment and payment have made ecommerce faster, easier and more secure for both the seller and the buyer. The millennial population is looking for a redefined online payment solution. There are different companies offering electronic bill presentment and payment solutions. Every company wants to develop a payment solution for the future and be the first to … [Read more...] about What is the Future of Online Payments?
It's often said that humans are the weakest link in cybersecurity. I find it hard to disagree with this statement given how many people fall for various scams each year. More money down the drain According to the FBI, losses to online frauds reached $2.7 billion in 2018, nearly doubling the previous year's figure. This past year, the most prevalent crime types … [Read more...] about Psychology of Online Fraud: Why We Fall for Scams and How to Prevent It
Artificial intelligence (AI) and machine learning (ML) were once the stuff of science fiction, closer to faster-than-light travel than to a functional and usable tool. While AI and ML are still a mainstay of science fiction, they are now also part of the real world around us and provide countless industries with innumerable uses. While AI and ML function differently, with AI … [Read more...] about How AI Can Benefit and Protect Your Online Business