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How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

It’s estimated that these figures will continue to rise gradually in 2021, due to the ongoing prevention methods put in place internationally along with the changes in consumer spending habits. Growing Trends in 2021. Increased popularity and use of cryptocurrencies : Bitcoin continues to be a player in the shadows.

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As Gen Z Gains Spending Power, Luxury Brands Go Big with Digital  

Retail TouchPoints

billion , which is a 28% increase compared to the same period in 2021. Kering — owner of brands such as Gucci , Yves Saint Laurent and Bottega Veneta — reported revenue of more than $10 billion during the first half of 2022, a 16% increase compared to the first six months of 2021. UK and Europe by late 2022.

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Ripple and Lunu partner to enable luxury retailers to accept cryptocurrency payments

365 Retail

Today, Ripple , the leader in enterprise blockchain and crypto solutions, has announced a partnership with Lunu to support the Berlin-based company’s luxury retailers in accepting cryptocurrency as a form of payment in store and online using Ripple’s Liquidity Hub. RippleNet’s annualized payment volume run rate now stands at $15B.

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eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

between 2021 and 2030. The use of cryptocurrencies for online shopping has shown parallel expansion. Naturally, though, as with any emerging technology, there are some factors and challenges of which you should be aware. What Is Cryptocurrency? What Are The Top Cryptocurrencies To Know ? What Is Cryptocurrency?

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What Gives NFT Value?

Ecommerce Platforms

The term NFT stands for non-fungible token , and refers to a type of digital asset that is based on blockchain technology. When you think of fungible assets, you can refer to cryptocurrency such as Bitcoin, which can be replaced by another unit of its kind. million on March 22, 2021. What is an NFT?

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5 Ways NFTs are Creating a New ‘Metaverse’ for Digital Engagement & Commerce

Retail TouchPoints

Although NFTs, or non-fungible tokens, have garnered a lot of buzz in cryptocurrency circles, executives in potentially impacted industries — namely retail and digital media — have questioned their staying power. NFTs can be used to buy and sell visual art, music, products and collectibles. Digital Products & Art.

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Moving into the Metaverse: Growing Swath of Brands Test Out Virtual Experiences

Retail TouchPoints

Tommy Hilfiger is following up its first foray into Roblox in December 2021 — which took the form of a collection of co-created avatar fashions — with the debut of a new game called Tommy Play. Tommy Hilfiger. The retailer has followed up its announcement of an upcoming NFT marketplace with the launch of its own digital asset wallet.

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