{"id":10696,"date":"2023-10-06T10:27:41","date_gmt":"2023-10-06T10:27:41","guid":{"rendered":"https:\/\/www.qeretail.com\/blog\/?p=10696"},"modified":"2023-10-26T08:54:53","modified_gmt":"2023-10-26T08:54:53","slug":"ecommerce-industry-updates-september-2023","status":"publish","type":"post","link":"https:\/\/www.qeretail.com\/blog\/ecommerce-industry-updates-september-2023","title":{"rendered":"eCommerce Digest September 2023: Your Monthly Dose of Everything Retail"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Hey there, online shoppers! Buckle up because we&#8217;re about to spill the beans on everything retail in our monthly retail roundup. Think of it as your dose of retail therapy without swiping your credit card.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this edition, we&#8217;re dishing out the hottest updates from September in the eCommerce realm\u2014because, let&#8217;s face it, staying in the loop is as essential as finding that perfect pair of shoes. So, grab your favorite snack, kick back, and let&#8217;s retail-talk through September&#8217;s eCommerce extravaganza.\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.qeretail.com\/blog\/ecommerce-industry-updates-september-2023\/#Featured_News\" >Featured News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.qeretail.com\/blog\/ecommerce-industry-updates-september-2023\/#Emerging_Technology\" >Emerging Technology<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.qeretail.com\/blog\/ecommerce-industry-updates-september-2023\/#eCommerce_Spotlight\" >eCommerce Spotlight\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.qeretail.com\/blog\/ecommerce-industry-updates-september-2023\/#Global_Trends\" >Global Trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.qeretail.com\/blog\/ecommerce-industry-updates-september-2023\/#Market_Insights\" >Market Insights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.qeretail.com\/blog\/ecommerce-industry-updates-september-2023\/#Plan_your_eCommerce_with_Us\" >Plan your eCommerce with Us<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Featured_News\"><\/span><b>Featured News<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><b>eBay&#8217;s Snap-List: Revolutionizing Selling with AI<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">eBay is revolutionizing the online marketplace with its latest innovation, <\/span><a href=\"https:\/\/techcrunch.com\/2023\/09\/07\/ebay-rolls-out-a-tool-that-generates-product-listings-from-photos\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Snap-List<\/span><\/a><span style=\"font-weight: 400;\">. This advanced AI tool, initially available on the iOS app and soon on Android, can work wonders with just a single photo. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It does the heavy lifting by creating catchy titles and detailed descriptions and even suggests key information like product release dates, pricing, and shipping costs. With this game-changer, selling your items online is about to become as easy as taking a snapshot!<\/span><\/p>\n<h3><b>TikTok Shop: Shoppable Videos Hit Your For You Feed<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Whether it&#8217;s keeping up with the latest trends, fashion and beauty tips, finding yummy recipes, or enjoying diverse content, TikTok has you covered. And guess what? They&#8217;ve just unleashed something exciting \u2013 <\/span><a href=\"https:\/\/newsroom.tiktok.com\/en-us\/introducing-tiktok-shop\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">TikTok Shop<\/span><\/a><span style=\"font-weight: 400;\"> is now fully available in the US!<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10777 size-full\" src=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/TikTok-Shop-Update.png\" alt=\"TikTok Shop Update\" width=\"1536\" height=\"969\" srcset=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/TikTok-Shop-Update.png 1536w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/TikTok-Shop-Update-300x189.png 300w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/TikTok-Shop-Update-1024x646.png 1024w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/TikTok-Shop-Update-768x485.png 768w\" sizes=\"auto, (max-width: 1536px) 100vw, 1536px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">TikTok Shop is taking this shopping frenzy to a new level by bringing shoppable videos and live streams directly to your For You feed. Now, brands, sellers, and creators can join the party, selling products directly through TikTok&#8217;s shoppable content.<\/span><\/p>\n<h3><b>Amazon and Shopify Join Forces: &#8216;Buy with Prime&#8217; Now Available<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Amazon is making a big move by launching an app within Shopify&#8217;s ecosystem. This nifty app will be a game-changer for US-based Shopify merchants who use Amazon&#8217;s fulfillment network. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It offers them the exciting option to include &#8220;<\/span><a href=\"https:\/\/news.shopify.com\/shopify-merchants-can-soon-choose-to-offer-buy-with-prime-directly-within-their-shopify-checkout-buvudp\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Buy with Prime<\/span><\/a><span style=\"font-weight: 400;\">&#8221; in their Shopify Checkout process, all powered by Shopify Payments.<\/span><\/p>\n<h3><b>Meta Verified: Elevate Your Social Presence with Confidence<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">&#8220;<\/span><a href=\"https:\/\/about.meta.com\/technologies\/meta-verified\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Meta Verified<\/span><\/a><span style=\"font-weight: 400;\">&#8221; is your passport to establishing a secure and influential presence on Instagram and Facebook. This subscription bundle offers exclusive benefits, including coveted platform verification using your government ID.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10778 size-full\" src=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Meta-Verified-Update.png\" alt=\"Meta-Verified-Update\" width=\"788\" height=\"430\" srcset=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Meta-Verified-Update.png 788w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Meta-Verified-Update-300x164.png 300w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Meta-Verified-Update-768x419.png 768w\" sizes=\"auto, (max-width: 788px) 100vw, 788px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Whether you prefer the web or app, this feature-packed bundle is accessible, priced at just $11.99 online and $14.99 in-app.<\/span><\/p>\n<h3><b>Wix Introduces &#8216;Tap to Pay on Android&#8217; for US Merchants<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In a strategic partnership extension with Stripe, Wix introduces &#8220;<\/span><a href=\"https:\/\/www.prnewswire.com\/news-releases\/wix-launches-tap-to-pay-on-android-to-make-in-person-commerce-easier-for-us-merchants-with-stripe-301924502.html#:~:text=Following%20Wix's%20recent%20release%20of,to%20accept%20in-person%20payments\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Tap to Pay on Android<\/span><\/a><span style=\"font-weight: 400;\">.&#8221; Following the successful iPhone launch, this feature empowers Wix merchants to accept secure, contactless payments via their Android devices.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Emerging_Technology\"><\/span><b>Emerging Technology<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><b>WhatsApp Channels Go Global\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">WhatsApp is making big waves in eCommerce by introducing <\/span><a href=\"https:\/\/blog.whatsapp.com\/whatsapp-channels-are-going-global\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">WhatsApp Channels <\/span><\/a><span style=\"font-weight: 400;\">to more than 150 countries. If you own an online store, here&#8217;s why you should be thrilled:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10779 \" src=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/WhatsApp-Channels-Go-Global-Update.png\" alt=\"WhatsApp-Channels-Go-Global-Update\" width=\"447\" height=\"252\" srcset=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/WhatsApp-Channels-Go-Global-Update.png 768w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/WhatsApp-Channels-Go-Global-Update-300x169.png 300w\" sizes=\"auto, (max-width: 447px) 100vw, 447px\" \/><\/p>\n<h4><b>Tailored Directory for Better Connections: <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Easily find channels specific to your country, keeping you updated on local trends and news. Discover new, active, and popular channels based on followers, simplifying connecting with businesses like yours.<\/span><\/p>\n<h4><b>Expressive Reactions for Quick Feedback:<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Share your thoughts using emojis for fast feedback without revealing your identity. Monitor the total reactions to understand your audience&#8217;s response.<\/span><\/p>\n<h4><b>More Control with Update Editing: <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Admins can now edit updates and changes for up to 30 days, providing greater flexibility and control over your channel content.<\/span><\/p>\n<h4><b>Effortless Sharing for a Bigger Audience: <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Share updates with your chats and groups, including a link to your channel. Increase traffic and engagement by giving people easy access to your channel.<\/span><\/p>\n<h3><b>Amazon&#8217;s AI Innovations Shaping the Future of eCommerce<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In September 2023, <\/span><a href=\"https:\/\/press.aboutamazon.com\/2023\/9\/aws-announces-powerful-new-offerings-to-accelerate-generative-ai-innovation\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Amazon.com, Inc<\/span><\/a><span style=\"font-weight: 400;\">. unveiled four groundbreaking AI innovations that are set to redefine the eCommerce landscape. These innovations are poised to benefit both retailers and eCommerce owners in significant ways.<\/span><\/p>\n<h4><b>Amazon Bedrock: <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">This fully managed service combines top AI foundation models, streamlining the process of creating new AI applications. Retailers can leverage this to enhance customer experiences and optimize operations.<\/span><\/p>\n<h4><b>Amazon Titan Embeddings:<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Now widely available, this model offers improved AI capabilities, enabling retailers to understand customer behavior and preferences better, leading to more effective marketing strategies.<\/span><\/p>\n<h4><b>Meta&#8217;s Llama 2 via API:<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">With the addition of Llama 2 to Amazon Bedrock, eCommerce owners gain access to cutting-edge AI technology, allowing for advanced personalization and recommendation systems.<\/span><\/p>\n<h4><b>Amazon CodeWhisperer: <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">This AI-powered coding assistant is getting even smarter with a new feature that tailors code suggestions based on a company&#8217;s internal codebase. Developers can code more efficiently, leading to faster innovation and reduced development time.<\/span><\/p>\n<h4><b>Generative BI dashboard-authoring in Amazon QuickSight:<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"> Business analysts can now streamline their data exploration process. They can effortlessly create compelling data visuals by simply describing their requirements in plain, natural language. This eliminates the need for complex technical skills and accelerates the speed at which insights are derived and shared within the organization, enhancing decision-making processes.<\/span><\/p>\n<h3><b>Walmart Discovered on Roblox: A New Frontier in Virtual Exploration&#8221;<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Walmart made an exciting debut on Roblox with &#8220;<\/span><a href=\"https:\/\/corporate.walmart.com\/news\/2023\/09\/26\/walmarts-new-virtual-experience-walmart-discovered-is-inspired-by-the-community\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Walmart Discovered<\/span><\/a><span style=\"font-weight: 400;\">&#8221; this September, aiming to provide an innovative and user-friendly platform for exploring virtual experiences and items. <\/span><\/p>\n<div style=\"width: 474px;\" class=\"wp-video\"><video class=\"wp-video-shortcode\" id=\"video-10696-1\" width=\"474\" height=\"267\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Walmart-Discovered_-Find-Your-Thing-on-Roblox.mp4?_=1\" \/><a href=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Walmart-Discovered_-Find-Your-Thing-on-Roblox.mp4\">https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Walmart-Discovered_-Find-Your-Thing-on-Roblox.mp4<\/a><\/video><\/div>\n<p><span style=\"font-weight: 400;\">This initiative, driven by feedback from the Roblox community, promises to reshape how users engage with games, indie creations, and virtual products.<\/span><\/p>\n<h4><b>Community-Driven Discovery: <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Walmart Discovered introduces a fresh approach to virtual exploration, allowing users to discover the best games, indie experiences, and virtual items. These selections are curated by the community itself through a novel nomination system, ensuring that user preferences are at the forefront.<\/span><\/p>\n<h4><b>Spotlight on Creators:<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Over the next four months, this initiative will shine a spotlight on over 300 community creators, spanning from digital fashion designers to seasoned developers. It&#8217;s a unique opportunity for creators of all scales to showcase their talents and gain recognition.<\/span><\/p>\n<h4><b>Accessible and Immersive: <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Walmart Discovered is accessible to users aged 13 and older, providing an immersive platform for exploring trending virtual items and engaging with creators across different genres. It offers a dynamic space for users to connect and interact within the Roblox metaverse.<\/span><\/p>\n<h4><b>Monetization for Developers: <\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Developers can monetize their creations within Walmart Discovered by selling virtual items using Robux, Roblox&#8217;s native currency. This opens up new avenues for creators to generate revenue and sustain their passion for game development and virtual experiences.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"eCommerce_Spotlight\"><\/span><b>eCommerce Spotlight\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><b>Shopify Steals the Show in September<\/b><\/h3>\n<h4><b>Shopify&#8217;s Sixth Consecutive Win in Gartner&#8217;s Magic Quadrant<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Shopify has earned the title of <\/span><a href=\"https:\/\/news.shopify.com\/shopify-recognized-as-a-leader-in-2023-gartnerr-magic-quadrant\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Leader in the 2023 Gartner\u00ae Magic Quadrant&#x2122;<\/span><\/a><span style=\"font-weight: 400;\"> for Digital Commerce, securing the top spot in execution ability. This recognition reflects Shopify&#8217;s commitment to innovation and its unique vision for commerce.\u00a0<\/span><\/p>\n<h4><b>Shopify&#8217;s Game-changing Tools: What&#8217;s New for Merchants<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Shopify revealed a game-changing tool called <\/span><a href=\"https:\/\/www.shopify.com\/in\/magic\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Sidekick.<\/span><\/a><span style=\"font-weight: 400;\"> This new AI commerce assistant revolutionizes how online sellers manage their businesses by offering instant help, answering questions, and effortlessly performing tasks.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10780 size-full\" src=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Shopify\u2019s-Game-changing-Tools.png\" alt=\"Shopify\u2019s-Game-changing-Tools\" width=\"266\" height=\"300\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Sidekick is versatile, handling anything from simple discount inquiries to complex tasks like testing credit card numbers for checkout development. Its quick responses save time by providing information without the need to search through documentation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, Sidekick excels at generating content, crafting engaging messages for various purposes, from welcoming entrepreneurs to Shopify Summer 23 Editions to aiding in customer communications.\u00a0<\/span><\/p>\n<h4><b>Shopify Academy: Empowering Merchants to Succeed<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Shopify Academy offers a variety of courses tailored for Partners, Merchants, and Developers, delving into the Shopify ecosystem. It&#8217;s a free collection of online training courses led by industry experts and seasoned entrepreneurs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With 13 courses, each addressing distinct challenges encountered by eCommerce business owners, Shopify Academy covers topics like eCommerce SEO, dropshipping, email marketing, and more.<\/span><\/p>\n<h4><b>Shopify and Google Partnership: Expanding Merchant Resources<\/b><\/h4>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/new-shopify-and-google-cloud-ai-integration-brings-advanced-ecommerce-capabilities-to-retailers-and-merchants-worldwide-301779249.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Shopify Inc. and Google Cloud<\/span><\/a><span style=\"font-weight: 400;\"> have teamed up to bring a new feature to Commerce Components, Shopify&#8217;s big retail solution. This integration allows retailers to use Google&#8217;s high-quality search and AI innovations. It&#8217;s like combining the best of online shopping with top-notch search capabilities.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Harley Finkelstein, Shopify&#8217;s President, is excited about this partnership, stating it solves a tricky problem for big retailers. Google Cloud&#8217;s CEO, Thomas Kurian, sees it as a way for merchants to use AI to make online shopping even better for customers.<\/span><\/p>\n<h4><b>Shopify Audiences: An Upgraded Version<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Shopify introduced an enhanced version of Shopify Audiences. This upgraded version provides more comprehensive insights and expands its connectivity to additional ad channel partners, including Snap, Criteo, and TikTok.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a recent update, <\/span><a href=\"https:\/\/news.shopify.com\/shopify-audiences-supercharges-customer-acquisition-with-new-snap-criteo-and-tiktok-integrations\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Shopify Audiences<\/span><\/a><span style=\"font-weight: 400;\"> has expanded its reach to include major advertising platforms such as Snap, Criteo, and TikTok, alongside existing partners like Meta, Google, and Pinterest. The latest version incorporates highly effective algorithms, boasting a potential reduction in customer acquisition costs by up to 50%.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Trends\"><\/span><b>Global Trends<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><b>Growth of Buy Now, Pay Later (BNPL) Services<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Recent data from the <\/span><a href=\"https:\/\/www.fisglobal.com\/en\/about-us\/media-room\/press-release\/2023\/account-to-account-payments-set-to-revolutionize-shopping-with-e-commerce-payments\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Global Payments Report 2023<\/span><\/a><span style=\"font-weight: 400;\"> by Worldpay from FIS reveals a significant rise in buy now, pay later (BNPL) services. The report estimates a 16% yearly growth in BNPL&#8217;s global eCommerce transactions from 2022 to 2026.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Various reliable sources, including Forbes, McKinsey &amp; Company, Forrester Research, eMarketer, and PYMNTS.com, have also highlighted BNPL&#8217;s rapid growth, projecting its continuation in the future. This surge is fueled by factors like the increasing popularity of online shopping, consumers wanting to spread purchase costs, the convenience of BNPL services, and the absence of interest and fees in many BNPL options.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Merchants also embrace BNPL services for their potential to boost sales and conversions, making BNPL a significant trend in the eCommerce industry set to persist in the years ahead.<\/span><\/p>\n<h3><b>Pinterest&#8217;s Inclusivity Drive: Setting a Global Standard<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">With its groundbreaking <\/span><a href=\"https:\/\/newsroom.pinterest.com\/en\/post\/pinterest-announces-industry-first-body-type-technology-to-increase-body-representation-on\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">body type technology,<\/span><\/a><span style=\"font-weight: 400;\"> Pinterest is taking a monumental step towards inclusivity:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-10781 size-full\" src=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Pinterest\u2019s-Inclusivity-Drive-Update.png\" alt=\"Pinterest-Inclusivity-Drive-Update - ecommerce industry updates\" width=\"1440\" height=\"811\" srcset=\"https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Pinterest\u2019s-Inclusivity-Drive-Update.png 1440w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Pinterest\u2019s-Inclusivity-Drive-Update-300x169.png 300w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Pinterest\u2019s-Inclusivity-Drive-Update-1024x577.png 1024w, https:\/\/www.qeretail.com\/blog\/wp-content\/uploads\/2023\/10\/Pinterest\u2019s-Inclusivity-Drive-Update-768x433.png 768w\" sizes=\"auto, (max-width: 1440px) 100vw, 1440px\" \/><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This pioneering AI innovation can discern diverse body shapes, sizes, and forms across 5 billion platform images.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Building on previous skin tone technology, Pinterest is using these tools to reshape algorithms, ensuring greater representation in women&#8217;s fashion and wedding-related content across feeds and searches.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">These forward-thinking AI initiatives foster a more positive online environment where users from all walks of life can finally see themselves reflected, embraced, and celebrated.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Market_Insights\"><\/span><b>Market Insights<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">According to a report by IMARC, the global eCommerce market is expected to reach US$ 70.9 Trillion by 2028, exhibiting a growth rate (CAGR) of 27.43% during 2023-2028.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">China remains at the forefront of global eCommerce sales, surpassing 50% of total worldwide retail sales, as the International Trade Association reported. Their online sales <\/span><a href=\"https:\/\/www.imarcgroup.com\/e-commerce-market\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">exceeded $3 trillion in 2022<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Following China and the US, the United Kingdom is the third-largest <\/span><a href=\"https:\/\/www.insiderintelligence.com\/content\/top-global-ecommerce-markets\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">eCommerce market<\/span><\/a><span style=\"font-weight: 400;\">, claiming 4.8% of the retail eCommerce sales share. Subsequently, Japan accounts for 3%, and South Korea for 2.5%.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Projections from <\/span><a href=\"https:\/\/www.statista.com\/forecasts\/477091\/e-commerce-revenue-forecast-in-the-united-kingdom\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Statista<\/span><\/a><span style=\"font-weight: 400;\"> estimate that the UK&#8217;s eCommerce sales are expected to exceed $143.8 billion in 2023, solidifying its significant presence in the global eCommerce landscape.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Projections indicate that the US eCommerce market is set to surpass $940.9 billion in 2023, accounting for just over a third of China&#8217;s overall total, according to <\/span><a href=\"https:\/\/www.statista.com\/statistics\/272391\/us-retail-e-commerce-sales-forecast\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Statista<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Approximately 218.8 million US consumers are expected to shop online in 2023, as highlighted by recent studies from <\/span><a href=\"https:\/\/www.insiderintelligence.com\/content\/stripe-slashes-internal-valuation-amid-rocky-us-economic-outlook\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Insider Intelligence<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">According to insights from <\/span><a href=\"https:\/\/finance.yahoo.com\/news\/united-states-b2c-ecommerce-market-153000429.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Research and Markets<\/span><\/a><span style=\"font-weight: 400;\">, in B2C online marketplace sales, such as those on platforms like Amazon and eBay, the US is anticipated to reach $2.1 trillion by 2024.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Plan_your_eCommerce_with_Us\"><\/span><b>Plan your eCommerce with Us<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In the dynamic world of eCommerce, staying informed is key to success. eCommerce Digest, our monthly dose of everything retail and eCommerce, brings the latest trends, insights, and updates right to your inbox. Don&#8217;t miss out on this valuable resource \u2013 subscribe to our newsletter today and keep your finger on the pulse of the industry.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At <\/span><a href=\"https:\/\/www.qeretail.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">QeRetail<\/span><\/a><span style=\"font-weight: 400;\">, we&#8217;re more than just observers, ready to assist with all your online business needs. Whether you&#8217;re starting your eCommerce journey or looking to optimize your existing store, we&#8217;re here to help you every step of the way. Together, we can make your eCommerce dreams a reality. <\/span><a href=\"https:\/\/www.qeretail.com\/contact-us\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Contact us<\/span><\/a><span style=\"font-weight: 400;\"> now, and let&#8217;s embark on this eCommerce adventure together!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hey there, online shoppers! Buckle up because we&#8217;re about to spill the beans on everything retail in our monthly retail roundup. Think of it as your dose of retail therapy without swiping your credit card. In this edition, we&#8217;re dishing out the hottest updates from September in the eCommerce realm\u2014because, let&#8217;s face it, staying in &hellip; <a href=\"https:\/\/www.qeretail.com\/blog\/ecommerce-industry-updates-september-2023\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">eCommerce Digest September 2023: Your Monthly Dose of Everything Retail<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":10698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[788],"tags":[1040,806,159,1041,267,21,809],"class_list":["post-10696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newstrends","tag-ecommerce-digest","tag-ecommerce-marketing","tag-ecommerce-news","tag-ecommerce-newsletter","tag-newsletters","tag-shopify","tag-social-media-marketing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ecommerce Digest September 2023: Monthly Dose of Everything Retail<\/title>\n<meta name=\"description\" content=\"Get the latest ecommerce industry updates in our September 2023 Ecommerce Digest. 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