It’s been three years since Google completed its acquisition of Fitbit. Since then, the company has launched three new smartwatches under the Pixel brand, including the Pixel Watch 3 at today’s Made By Google event. Meanwhile, Fitbit’s not launched a single new smartwatch since the unceremonious announcement of the Sense 2 and Versa 4 two years ago. The writing has been on the wall for years that Fitbit might not make smartwatches anymore, instead focusing on lower-profile activity trackers that last long. Engadget can confirm that this is indeed true moving forward.
In an interview with the senior director of product management for Pixel Wearables Sandeep Waraich, I asked whether we would ever see another Fitbit-branded smartwatch anytime soon. Waraich said “Pixel Watch is our smartwatch part of the portfolio.” He confirmed that moving forward everything from Fitbit would focus on the more minimalistic, long-lasting trackers the brand has become synonymous with.
While the Sense 2 and Versa 4 will continue to be available in the market, a Google spokesperson said “Pixel Watches are our next iteration of smartwatch for Fitbit.”
As for the devices Fitbit continues to make, “trackers is where users clearly tell us they want something discreet,” Waraich said. “They want longer battery life, they want a simple experience and we are very proud of our Inspire line.”
Waraich also shed some light on how the Google and Fitbit teams have collaborated to build Pixel watches, referencing the former’s AI prowess and the latter’s established expertise in interpreting heart-rate sensor data for greater insights. According to him, Google brought its expertise in machine learning, providing “advanced models that otherwise probably externally weren’t readily available.” Fitbit, of course, had deep knowledge on things like data and signal capture and how that translated into how your hands are moving or what you’re doing. “HIIT has a very different heart rate algorithm [and] implications than a running workout,” Waraich explained.
There’s little doubt that the Fitbit brand remains valuable to Google and the industry at large, given the fact its name is basically the catch-all noun for activity trackers. While it can be jarring to see the Fitbit name and app in devices like the Pixel Watch, where integrations should feel more seamless and unified, Waraich told me “it’s not an app in Pixel Watch. It’s deeply integrated at a system level.”Â
Outside of the Pixel portfolio, the Fitbit app and Fitbit Premium both still exist to the large chunk of the population that want something simple that can help them stay on top of their overall health. With the trackers and Pixel watches having now matured into devices that can log your activity very well, Waraich said “There is a tremendous opportunity in terms of going from tracking to coaching, real-time guidance included.”
Time for everyone’s favorite buzzword and trend for 2024: AI. With the Pixel Watch 3, Fitbit Premium users can get AI-generated customized workouts based on their activity and recovery. Of all the features Fitbit Premium has offered (and paywalled) in the past, this feels like a more-suitable use of AI and charging for it. Fitbit and Fitbit Premium are unlikely to be going away, and while we may not see a Fitbit-branded smartwatch again, this feels like a smart move.
Catch up on all the news from Google’s Pixel Watch 3 launch event right here!
This article originally appeared on Engadget at https://www.engadget.com/wearables/waiting-for-a-new-fitbit-smartwatch-google-says-thats-the-pixel-watch-3-202314838.html?src=rss It’s been three years since Google completed its acquisition of Fitbit. Since then, the company has launched three new smartwatches under the Pixel brand, including the Pixel Watch 3 at today’s Made By Google event. Meanwhile, Fitbit’s not launched a single new smartwatch since the unceremonious announcement of the Sense 2 and Versa 4 two years ago. The writing has been on the wall for years that Fitbit might not make smartwatches anymore, instead focusing on lower-profile activity trackers that last long. Engadget can confirm that this is indeed true moving forward.
In an interview with the senior director of product management for Pixel Wearables Sandeep Waraich, I asked whether we would ever see another Fitbit-branded smartwatch anytime soon. Waraich said “Pixel Watch is our smartwatch part of the portfolio.” He confirmed that moving forward everything from Fitbit would focus on the more minimalistic, long-lasting trackers the brand has become synonymous with.
While the Sense 2 and Versa 4 will continue to be available in the market, a Google spokesperson said “Pixel Watches are our next iteration of smartwatch for Fitbit.”
As for the devices Fitbit continues to make, “trackers is where users clearly tell us they want something discreet,” Waraich said. “They want longer battery life, they want a simple experience and we are very proud of our Inspire line.”
Waraich also shed some light on how the Google and Fitbit teams have collaborated to build Pixel watches, referencing the former’s AI prowess and the latter’s established expertise in interpreting heart-rate sensor data for greater insights. According to him, Google brought its expertise in machine learning, providing “advanced models that otherwise probably externally weren’t readily available.” Fitbit, of course, had deep knowledge on things like data and signal capture and how that translated into how your hands are moving or what you’re doing. “HIIT has a very different heart rate algorithm [and] implications than a running workout,” Waraich explained.
There’s little doubt that the Fitbit brand remains valuable to Google and the industry at large, given the fact its name is basically the catch-all noun for activity trackers. While it can be jarring to see the Fitbit name and app in devices like the Pixel Watch, where integrations should feel more seamless and unified, Waraich told me “it’s not an app in Pixel Watch. It’s deeply integrated at a system level.”Â
Outside of the Pixel portfolio, the Fitbit app and Fitbit Premium both still exist to the large chunk of the population that want something simple that can help them stay on top of their overall health. With the trackers and Pixel watches having now matured into devices that can log your activity very well, Waraich said “There is a tremendous opportunity in terms of going from tracking to coaching, real-time guidance included.”
Time for everyone’s favorite buzzword and trend for 2024: AI. With the Pixel Watch 3, Fitbit Premium users can get AI-generated customized workouts based on their activity and recovery. Of all the features Fitbit Premium has offered (and paywalled) in the past, this feels like a more-suitable use of AI and charging for it. Fitbit and Fitbit Premium are unlikely to be going away, and while we may not see a Fitbit-branded smartwatch again, this feels like a smart move.
Catch up on all the news from Google’s Pixel Watch 3 launch event right here!This article originally appeared on Engadget at https://www.engadget.com/wearables/waiting-for-a-new-fitbit-smartwatch-google-says-thats-the-pixel-watch-3-202314838.html?src=rssÂ
The Amazon Marketplace: Empowering Sellers and Shaping Consumer Behavior
The Amazon Marketplace has emerged as a powerful force in the global economy, redefining how businesses operate and how consumers shop. Since its launch in 2000, Amazon Marketplace has grown into one of the largest online marketplaces in the world, with millions of sellers and an even larger base of customers. This platform has not only democratized e-commerce, providing opportunities for businesses of all sizes, but it has also significantly influenced consumer behavior. This article explores how the Amazon Marketplace empowers sellers and shapes consumer behavior.
Empowering Sellers: Opportunities and Challenges
The Amazon Marketplace has opened up unprecedented opportunities for sellers, from individual entrepreneurs to large corporations. One of the most significant benefits for sellers is the access to Amazon’s vast customer base. With over 300 million active users globally, Amazon provides a ready-made audience for sellers, eliminating the need for extensive marketing efforts to drive traffic to their products.
Lower Barriers to Entry
One of the most profound ways Amazon empowers sellers is by lowering the barriers to entry into the e-commerce space. Traditionally, setting up an online store required significant investment in website development, payment processing systems, and logistics. Amazon Marketplace simplifies this process by providing a platform where sellers can list their products, handle transactions, and even manage shipping through Amazon’s Fulfillment by Amazon (FBA) service.
FBA, in particular, has been a game-changer for many small and medium-sized businesses. It allows sellers to store their products in Amazon’s warehouses, where Amazon takes care of packing, shipping, and even customer service. This service not only reduces the logistical burden on sellers but also ensures that their products are eligible for Amazon Prime, which can significantly boost sales.
Global Reach
The global reach of Amazon Marketplace is another significant advantage for sellers. With Amazon’s presence in numerous countries, sellers can tap into international markets with relative ease. Amazon’s Global Selling program enables sellers to list their products in multiple countries, allowing them to expand their customer base far beyond their home market. This global reach is particularly beneficial for small businesses that may not have the resources to enter international markets independently.
Data and Analytics
Amazon provides sellers with valuable data and analytics tools that can help them optimize their listings and marketing strategies. Through the Seller Central dashboard, sellers have access to detailed reports on sales, customer behavior, and advertising performance. This data-driven approach allows sellers to make informed decisions about pricing, inventory management, and advertising, ultimately leading to better business outcomes.
Challenges for Sellers
However, selling on Amazon is not without its challenges. The competition on the platform is fierce, with millions of sellers vying for the attention of customers. To stand out, sellers must invest in optimizing their product listings, managing reviews, and running targeted advertising campaigns. Additionally, Amazon’s fee structure, which includes referral fees, FBA fees, and other charges, can eat into sellers’ profit margins, especially for those selling low-margin products.
Moreover, Amazon’s control over the marketplace means that sellers are subject to its policies and regulations. This can be a double-edged sword; while Amazon’s strict guidelines help maintain a level of quality and trust on the platform, they can also be restrictive for sellers. Policy changes, such as adjustments to fee structures or new regulations regarding product listings, can have a significant impact on sellers’ businesses.
Shaping Consumer Behavior: Convenience and Choice
The Amazon Marketplace has not only empowered sellers but also transformed consumer behavior in profound ways. The platform has become synonymous with convenience, choice, and competitive pricing, which are key drivers of consumer decisions.
Convenience and Speed
One of the most significant impacts of Amazon on consumer behavior is the expectation of convenience and speed. Amazon’s streamlined shopping experience, coupled with services like Amazon Prime, has set a new standard for online shopping. Consumers now expect fast, often same-day, delivery, easy returns, and a seamless shopping experience across devices. This has raised the bar for other e-commerce platforms and even brick-and-mortar stores, which have had to adapt to meet these heightened expectations.
The convenience offered by Amazon extends beyond just delivery speed. Features like one-click purchasing, personalized recommendations, and a user-friendly mobile app have made shopping on Amazon almost effortless. This ease of use has contributed to the platform becoming the go-to destination for many consumers, particularly for everyday purchases.
Broad Product Selection
Amazon’s vast selection of products is another factor that has shaped consumer behavior. The marketplace offers a seemingly endless array of products across virtually every category, from electronics to groceries. This extensive selection is possible because of the millions of third-party sellers who list their products on the platform, alongside Amazon’s own offerings.
This breadth of choice has shifted consumer expectations, leading to a preference for platforms that offer a wide variety of options. Consumers are now less willing to visit multiple websites or stores to find what they need, preferring the convenience of one-stop shopping. This trend has also put pressure on traditional retailers to expand their product offerings and improve their online shopping experiences.
Price Sensitivity and Competitive Pricing
Amazon’s pricing strategies have also influenced consumer behavior, making customers more price-sensitive. The platform’s dynamic pricing model, where prices can change frequently based on factors like demand and competition, encourages consumers to compare prices and seek out the best deals. Additionally, features like Amazon’s price tracking tools and the ability to view historical prices have made consumers more aware of price fluctuations and more likely to wait for discounts before making a purchase.
This increased price sensitivity has impacted the broader retail landscape, forcing competitors to adopt more aggressive pricing strategies to stay competitive. It has also led to the rise of price comparison tools and apps, further empowering consumers to find the best deals.
The Role of Reviews and Ratings
Amazon’s review system is another key factor influencing consumer behavior. Customer reviews and ratings have become a critical component of the decision-making process for many shoppers. Positive reviews can significantly boost a product’s visibility and sales, while negative reviews can deter potential buyers. This has led to a culture where consumers rely heavily on the experiences of others to guide their purchasing decisions.
The importance of reviews has also created a new challenge for sellers, who must actively manage their reputation on the platform. This has given rise to practices like review solicitation and even, unfortunately, fake reviews. However, Amazon has taken steps to combat these practices, implementing stricter policies and algorithms to detect and remove fraudulent reviews.
Conclusion
The Amazon Marketplace has had a profound impact on both sellers and consumers, reshaping the e-commerce landscape in the process. By empowering sellers with access to a global customer base, powerful data tools, and logistical support, Amazon has lowered the barriers to entry for businesses of all sizes. At the same time, the platform has transformed consumer behavior, setting new standards for convenience, choice, and pricing.
As Amazon continues to evolve, its influence on the global economy and consumer culture will likely only grow. For sellers, the challenge will be to navigate the complexities of the platform and find ways to stand out in an increasingly crowded marketplace. For consumers, the Amazon Marketplace will continue to be a driving force behind the expectations and behaviors that define the future of shopping.
