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With increased competition, Walmart is now offering a similar program to that of Amazon. Now Walmart shoppers are able to utilize free 2 day shipping with a purchase of over $35 (a decrease from that of $50 before). By decreasing the price Walmart will now enable more of its shoppers to take advantage. Marc Lore, president and CEO of Walmart US eCommerce said "in today's world of eCommerce, two day free shipping is table stakes. It no longer makes sense to charge for it." Amazon made just shy of $513 million in the first quarter of 2016 (Wired.com). I'm sure this is one way in which Walmart aims to get a piece of that pie in 2017.

This article discusses the controversial self-checkout model in major chain stores such as Target and Walmart and the cause and effect of labor issues and how other scenarios appear to be encouraging a time when this model replaces human checkout entirely. It was reported that Walmart loses 3 billion every year to customer and employee theft. For the most part, retailers have been thinking about self-checkout through a financial-savings and customer-experience perspective. But inherently, that means there's going to be less eyes on a transaction, less human interaction and more opportunity for shrink.

The NPD Group, Inc., a global provider of consumer and retail market research for a wide range of industries, has reached an agreement with Walmart to receive and analyze its point-of-sale information in the U.S. This new agreetment will be based on the two companies sharing their point-of-sales system in order to analyze POS statistics about what kind of products people prefer to buy. After the analysis, the result will be sent to manufactors so that they can produce more prefered products. And Walmart will increase their sales too.

The geniuses over at Apple may have finally broken the code (so to speak) on secure transactions and electronic data interchange. Under their new Apple Pay program, arriving with the iPhone 6 in 10 days, users can pay for their transactions with a touch of their finger on their own phone. A unique transaction ID is created for each use, meaning the card data (secured by hardware, software AND biometrics on the phone) never leaves your hand, but the bank and the vendor conduct a highly secure transaction. Apple is launching with support for 83% of credit cards in use and a host of vendors who are ready to accept your digital transfer. Noticeably absent from the list was the world's largest retailer, Walmart. However, if Apples gambit is successful (as the majority of them are), Walmart would be crazy not to follow suit. I would gladly forego a few more things in my pockets if I can still have instant access to the same transaction power from my phone.

This article highlights the topic of Data Mining and the way in which companies use it to become informed and discover new ways to become more effective. Data Mining can be used to increase revenue, cut costs and identify growing trends. This article will feature key examples from major companies such as Oracle, Wal-Mart and the NBA, all of which use Data Mining to enhance their business performance. 

This is an article discussing how AI is being used in business negotiations. With examples from how it's being used by Walmart and BP it is becoming more widespread. In certain circumstances the assistance from an AI negotiation tool has reduced negotiations from 90 days to 8 days.

The growing trend of using mobile payment technology could lead to many opportunities for businesses and consumers alike. The hospitality industry is looking towards mobile payments as a way to make transactions more efficient and profitable for both the business and their customers. Hotels such as the Gaylord Hotel are now using mobile payment methods poolside. By using an iPod Touch, the hotel staff is able to collect payment and even print a receipt from their mobile POS system. This option to use the mobile payment system is a great convenience for their guests as they don't even have to leave their poolside cabana. Not only are hotels starting to use this technology to collect payments but major retailers have also begun to use this technology as well. Retailers such as Target and Walmart have teamed with Merchant Customer Exchange to develop an app that allows their customers to pay for their goods by using their smartphone at the store's register. With this growing technology also comes some concern of security. Businesses are being urged to consider the importance of fraud protection as they begin to use mobile payment. If businesses choose to use a mobile payment app or POS they must follow the proper procedures to ensure the security of their software. The benefits of this growing technology could be great for both businesses and their customers.

This 2016 article discusses the implementation of smart controls (smart phone apps), beacons for Bluetooth-enabled smart phones, and virtual reality technology in the hotel industry, and how they have modified the way hotels compete.

This article describes India's more stringent regulations in regards to E-commerce. These new regulations specifically target industry giants like Amazon and Flipkart. The new regulations do not allow companies to sell any products that they have an equity interest in. This is intended to protect small local retail shops in India.

Proximity marketing and geofencing can benefit hospitality businesses in streamlining and automating operations with reviews, the increase in sales revenue will assist with marketing room-service order. This system improve guest experiences such as room service, wait times.

This article talks about all of the positive benefits of proximity marketing system for the hospitality Industry. How the Industry can benefit from the tools that will bring increase in revenue and improvement of customer services and work. It explains also how geofencing and beacon system will offer benefits to certain business in the industry.

This article explains what proximity marketing is, that marketing to customers and prospects in the right place at the right time, and how it works. Through a series of research data shows the development prospect of this marketing way. Introduce the most common technique used for this type of marketing is beacon，while also introduce some other methods and the reason why these technologies haven't been as popular as beacons, including NCF (near-field communication), QR codes, RFID (radio-frequency identification), and WiFi. The author also analyzes the benefits, which contains advertising, personalization, access to data, and increase usage of mobile apps, for companies to use this, as well as benefits for customers, such as a personalized shopping experience. Moreover, the writer rounded up some of the best-use cases of proximity marketing by big brands, including McDonald's, Amazon Go, and Walmart in order to give some idea for readers how this could be applied for business.

This article discusses what proximity marketing is, how it is used, the different forms of it, as well as the pros and cons of it. Proximity marketing has many different uses, and is currently mainly used in retail stores. However, this kind of location based marketing is becoming popular in hospitality, mainly through restaurant usage.