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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

But the luxury market sits in a unique position of growth: spending on luxury goods grew approximately 20% in 2022, according to Bain & Company , and it is likely to expand further through 2023. Members can book watches in advance and choose payment methods such as interest-free installments.

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mPOS – bringing back the human touch to in-store shopping

iVend

But this isn’t simply a return to 2019 – the post-pandemic shoppers of 2023 have higher expectations and demands. A recent study of what shoppers want from the instore experience + concluded that ‘expectations of the face-to-face experience have been raised over several years in which customers have been pushed further online’.

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Key themes of the 2019 Asia E-tailing Summit

Tofugear

There are ample ecommerce opportunities in Asia Online retail revenue in Southeast Asia is forecast to grow at a CAGR rate of 23% to reach US$53 billion by 2023, according to Forrester. IoT also enables retailers to better locate where stock is and can help reduce transportation costs.

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What retailers can learn from the 2021 holiday shopping season

Kibo

According to Statista, Amazon and eBay were the most visited eCommerce websites in 2021, but traditional retailers including Costco, Walmart, and Target ranked among the fastest-growing US companies based on online retail sales growth. Consumers embrace BNPL and other payment options. QR-code payment users will reach 2.2

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Ecommerce Chatbots 101: What Are They And Do You Need one?

GetElastic

Gartner even predicted that chatbots would power 85% of customer service interactions by 2020 and Nielsen found that 56% of online shoppers said they preferred to resolve issues through messaging apps than call customer service. In fact, ecommerce chatbot transactions are projected to amount to $112 billion by 2023. In-chat payments.

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Use Coupang marketplace to enter the Korean ecommerce arena

Payoneer

Fast facts about the South Korean ecommerce market: South Korean ecommerce revenue is set to hit US$88.85 billion in 2023. It has an annual growth rate (CAGR 2023-2027) of 2.87% and anticipates a market volume of US$99.49 in 2023 to 85.6% The average revenue per user (ARPU) is estimated at US$2.23k. Expected 44.16

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15 ecommerce statistics every entrepreneur must know

Omnisend

With this in mind, we’ve compiled a list of the most important ecommerce statistics for 2023 so that you can stay ahead of the curve. trillion in online sales. According to the latest ecommerce stats, Asia has the highest ecommerce revenue at about $2 trillion, followed by the Americas and Africa. What’s more?