Why Yoox Net-a-Porter wants to sell through WhatsApp

The Yoox Net-a-Porter Group is interested in more than having a conversation with customers on WhatsApp.

On Thursday, CEO Federico Marchetti announced the company’s plans to sell luxury goods on the platform, which has a reported 1 billion active users. Through its Fashion & Luxury Innovation Committee, a group of YNAP and brand executives that work with strategic partner IBM on new e-commerce solutions, the company is building its own technology to sell products through the app.

https://digiday.com/?p=227370

More in Marketing

More brands are blending deterministic and probabilistic data for hybrid targeting approaches

Advertisers are exploring AI-assisted lookalike modeling for new audience targeting approaches — brought on by the fading third-party cookie.

The Home Depot adds another acronym — ‘ROMO’ — in next phase of negotiating retail media network measurement

The Home Depot is pitching a new acronym: ROMO, or return on marketing objectives, in addition to return on ad spend (ROAS) to help marketers paint a more holistic picture of their campaign efficacy. 

‘It’s become a personality brand now’: Why Tesla’s brand perception is in a tricky spot as sales slump

Elon Musk has become a polarizing figure given his role in President Donald Trump’s administration and it looks like the ripple effects of that polarization are affecting the Tesla brand.