We announced yesterday that Salsify raised a $30 million C round. We're excited about how this funding will allow us to grow our company and our platform. So far, we have about 130 employees, and closed our last year at over 3x YoY ARR growth. We're currently in scale mode (we're hiring!).
By Peter Crosby on 4:57 PM on January 17, 2017
This was my second year attending the National Retail Foundation Big Show in New York. I streamed from session to session and booth to booth, alongside 35,000 other people trying to suss out the future of retail, along with 500 vendors who think they have the answer. The difference between the two years was remarkable – it feels like the past 365 days have provided a great deal of clarity since the 2016 Big Show.
By Cara Wood on 8:44 AM on January 16, 2017
Everyone is talking about mobile e-commerce and how it’s starting to edge out traditional web-shopping: Bloomberg reported recently on a Demandware study, which found that smartphones accounted for 45.1% of web-shopping traffic in the first quarter of 2016, while computers held fast at 45%. And shoppers are proving they are getting more and more comfortable buying on their mobile devices: According to IAB, on average 75% of mobile Internet users have made a purchase on their smartphone or tablet in the past six months.
By Michelle Burtchell on 5:20 PM on January 11, 2017
There’s no doubt that digital retail is booming: E-commerce sales hit a Black Friday record of $3.3 billion in 2016. But does that mean brick-and-mortar is losing steam? According to experts, the answer is a resounding “no.”
In fact, one of the biggest changes in consumer shopping behavior is not the switch from brick-and-mortar to digital, but how deeply digital, mobile and brick-and-mortar influence each other. In particular, digital devices now influence a majority (56%) of US in-store sales, up from 49% last year, according to the latest digital influence study from Deloitte. The same report also found that an amazing $0.56 of every dollar spent in a store is influenced by a digital interaction.
By Michelle Burtchell on 7:00 AM on January 5, 2017
Takeaway: At the “Buy” or “Decision” stage – when the consumer is closest to completing the transaction – retailers and brands should do everything in their power to seal the deal, and ensure the consumer remains engaged and focused on clicking buy, and helpful, direct content is the tool to a successful transaction.
E-commerce may be booming -- Forrester Research predicted that online sales for November and December 2016 would be more than $110 billion, a 13% rise over 2015 -- but online shopping is also changing rapidly, constantly evolving to meet the needs of demanding consumers. According to Statista, the average user spends $1,800 through e-commerce per year, and this number is expected to rise in years to come. So any retailer who wants to get ahead in today’s competitive landscape needs to stay up to speed on the latest e-commerce trends. Here are four of the biggest ways e-commerce will evolve the coming year and beyond:
By Peter Crosby on 8:00 AM on December 28, 2016
For successful sales campaigns this holiday season, brands relied on creative product content to help drive sales online and off. Ninety-four percent of shoppers abandon a site or just give up shopping if they can't find the product information they need. Some of the most exciting holiday campaigns this season relied on a catchy core concept, detailed and rich product content to demonstrate that theme, and effective syndication of that messaging across the relevant retailers and digital platforms.
Last week at Salsify we hosted our annual Toys for Tots drive. Much of what we do every day at Salsify is focused on our customers. So even when it comes to holiday shopping, we found ourselves thinking about the wide range of brands we work with. In that spirit, each of us selected one of our customers and donated a toy inspired by that company.