In this episode of The Jason & Scot Show, Jason and Scot discuss emerging consumer trends, focusing on social commerce, AI's impact, and the increasing use of answer engines in shopping. They analyze recent U.S. Department of Commerce retail data, noting e-commerce growth is slowing and diverging performance among retailers and categories. The conversation covers Google's Q2 earnings, questioning the impact of AI on search metrics, and explores Walmart's AI initiatives, including new executive roles and shopping agents. They delve into ChatGPT's potential marketplace model and the future of agentic browsers, and debate the effectiveness of Amazon's Prime Day and advertising strategies, while also praising the improvements in Amazon's Alexa Plus. Finally, they touch on holiday season predictions, anticipating a challenging period with significant disparities between major and smaller retailers.
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