GetElastic

DECEMBER 18, 2020

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Payment services. 56% of millennials rate convenience highly when shopping online.

Merchant Services 148

Merchant Services Payment Services Payments Subscription 148

Retail TouchPoints

JULY 7, 2020

While we shouldn’t expect online sales to remain at their peak levels when the safety risks of in-person shopping dissipate, merchants cannot hope to weather the storm and return to business as usual. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. Traditionally, U.S.

Merchant Services 198

Merchant Services Payment Services Payments Small Business Retail 198

Retail TouchPoints

NOVEMBER 13, 2023

And when the student loan repayment moratorium ends, that means even less disposable income for consumers to spend on discretionary goods and services. Michelle Wood is VP of Merchant Development at Wildfire Systems. If the job market begins to tighten, that would mean wage growth will too.

Consumer 294

Consumer Merchant Services Sporting Goods eCommerce 294

Omnisend

DECEMBER 11, 2023

Shopify dropshipping apps are specialized tools designed for ecommerce businesses using the Shopify platform. These apps streamline the dropshipping process, serving the following purposes: Supplier connection: These apps link your Shopify store with numerous suppliers globally. This automation is key for scaling your business.

Shopify 88

Shopify Payment Services Shipping Costs Merchant Services 88

ESW

AUGUST 10, 2020

Another study by Juniper Research estimates online merchants will lose more than $25 billion to fraud in 2024, up from $17 billion in 2020. As the study’s co-author Nick Maynard explains: “The explosion of eCommerce means that fraudsters have evolved their tactics, and so merchants must also evolve.”

Payment Services 148

Payment Services Merchant Services eCommerce Shipping Costs 148

Korona

AUGUST 20, 2021

All new cards will have the option to be void of the magnetic stripe starting in 2024 in Europe and 2027 in the U.S. So while banks and credit card companies have already given merchants plenty of reasons to adopt the chip and PIN technology , they’ve still left plenty of time for the new technology to be gradually adopted.

Merchant Services 52

Merchant Services Payment Services Payments POS 52

ROI Revolution

AUGUST 5, 2021

Mastercard reports that their Q2 2021 revenue surged 36% over last year, a confident indication that consumer spending is rebounding after the pandemic made shoppers wary of making discretionary purchases. It’s not just that shoppers are spending more – it’s also that they’re making more digital payments and fewer cash payments.

eCommerce 197

eCommerce Social Media Payment Services Merchant Services 197

Fabric

SEPTEMBER 12, 2023

By separating the frontend and backend using a headless CMS , retailers can optimize the same content across devices and channels, using application programming interfaces (APIs) to sync the data between the CMS (the frontend) and e-commerce functionality (such as the cart, inventory, and other backend services).

eCommerce 130

eCommerce Payment Services eCommerce Platforms Merchant Services 130

ROI Revolution

DECEMBER 2, 2021

billion in revenue. How the pandemic has changed how companies do privacy. The pandemic brought an increase in privacy initiatives for companies around the globe. 35% of companies say that the benefits they experienced from adopting new privacy initiatives were worth at least doubled the amount they invested in them in 2020.

eCommerce 148

eCommerce Social Media Payments Payment Services 148

ROI Revolution

JULY 1, 2021

Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Buy now, pay later (BNPL) is one of the myriad alternative payment methods that has seen the most growth since last year, with BNPL adoption up more than 81% year-over-year.

eCommerce 148

eCommerce Social Media Payment Services Merchant Services 148

ROI Revolution

JUNE 1, 2021

Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. Touchless transactions like proximity mobile payment, buy now pay later, & BOPIS all surged with COVID-19 and are continuing to see growth even as the pandemic subsides. June 1 update.

eCommerce 158

eCommerce Social Media Payment Services Merchant Services 158

ROI Revolution

MARCH 2, 2021

With consumers more concerned about their discretionary spending, the online resale apparel market is projected to double by 2024 ( Statista ). Nearly 60% of millennials are watching more TV on subscription services due to COVID-19 ( GlobalWebIndex ). Grocery ecommerce now makes up 12% of all ecommerce sales ( eMarketer ). Statista ).

eCommerce 195

eCommerce Social Media Payment Services Merchant Services 195

ROI Revolution

MAY 6, 2021

By 2024, annual paid ad spend is projected to hit $109.1 It will be nearly double that in 2024. of CMOs report increased acknowledgement from customers of companies’ attempts to “do good.”. Amazon grew its advertising business by 52.5% Pandemic accelerates digital real-time payment adoption. April 27 update.

eCommerce 148

eCommerce Social Media Payment Services Merchant Services 148

ROI Revolution

OCTOBER 7, 2021

Consumer electronics saw nearly 16% revenue growth last year. Shopify’s total revenue grew 57% year-over-year in Q2 2021, with Shopify’s merchants generating an additional $1.1 Furniture and homeware ecommerce revenue grew by 14.5% million in revenue in this category. million in online revenue in 2021.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

SEPTEMBER 2, 2021

Furniture and homeware ecommerce revenue grew by 14.5% The home décor market is expected to be valued at $202 billion by 2024, a 20% increase from 2019. million in revenue in this category. million in online revenue in 2021. By 2025, digital revenue from consumer electronics will pass $88.3 YoY growth.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

JANUARY 5, 2022

in 2021, making up for some brick-and-mortar revenue lost around the onset of the pandemic. Connected TV ad revenue is rising in light of the pandemic, with Hulu leading the way among streaming providers at $3.1 Revenue was just $269 billion in 2019 and $207.15 billion in revenue. After declining 0.2% of all retail sales.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

NOVEMBER 4, 2021

But this year, consumer demand for products surged earlier than expected – and retailers and container companies weren’t prepared. Revenue from ecommerce is expected to reach $469.3 US retail ecommerce revenue was just $285.9 Consumer electronics saw nearly 16% revenue growth last year. growth this year. YoY growth.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

OCTOBER 1, 2020

Also in Q2, Walmart’s ecommerce sales were up 97% YoY and Target grew its same-day fulfillment services by 273%. Online purchases of clothing, however, are up 76.7% , with online revenue up 22.2% – but average order value down 54.5%. . Digital ad spend isn’t projected to reach pre-pandemic levels until at least 2024.

eCommerce 193

eCommerce Payment Services Merchant Services Small Business Retail 193

ROI Revolution

APRIL 8, 2021

The athleisure market now makes up 20% of all apparel sales and is expected to grow by as much as $81 billion from 2020 to 2024. Gap plans to double its online business by the end of 2023 and is building a $140 million warehouse to make it happen. Ecommerce accounted for 45% of Gap’s revenue in 2020, up from only 25% in 2019.

eCommerce 136

eCommerce Social Media Payment Services Small Business Retail 136

ROI Revolution

JANUARY 5, 2021

While this isn’t as pronounced of an increase as we saw in 2020 from 2019 ($600.1B), marketers and executives should note that these are levels of ecommerce that experts didn’t expect we would reach until 2024. Walmart is also experimenting with new ways to streamline checkout processes to have less friction. in Q2 2021 over Q1 2021.

eCommerce 147

eCommerce Social Media Payment Services Merchant Services 147

ROI Revolution

NOVEMBER 4, 2020

Growth is expected to stay largely on target with pre-pandemic estimates through 2024, with user growth continuing to remain modest. million social media users in 2020, and that number is expected to grow to 226 million by 2024. Digital ad spend isn’t projected to reach pre-pandemic levels until at least 2024. There will be 212.1

eCommerce 158

eCommerce Social Media Payment Services Merchant Services 158

ROI Revolution

DECEMBER 3, 2020

Cyber Monday 2020 was projected to bring more online revenue than ever due to the pandemic. The COVID-19 pandemic will lead to an additional $40 billion in online holiday revenue over November and December 2020, according to new data from Digital Commerce 360. billion in revenue in Q2 2020. 12/3 update. 11/10 update. 8/4 update.

eCommerce 156

eCommerce Social Media Payment Services Small Business Retail 156

ROI Revolution

SEPTEMBER 9, 2020

Online purchases of clothing, however, are up 76.7% , with online revenue up 22.2% – but average order value down 54.5%. . Digital ad spend isn’t projected to reach pre-pandemic levels until at least 2024. billion in revenue in Q2 2020. Retail: Global retail sales are expected to dip by 5.7% Homemade goods. Overall U.S.

eCommerce 147

eCommerce Payment Services Merchant Services Small Business Retail 147

ROI Revolution

FEBRUARY 2, 2021

Total paid search revenue from mobile increased 93% year-over-year for ROI clients (ROI client data). While this isn’t as pronounced of an increase as we saw in 2020 from 2019 ($600.1B), marketers and executives should note that these are levels of ecommerce that experts didn’t expect we would reach until 2024. January 12 update.

eCommerce 68

eCommerce Social Media Payment Services Merchant Services 68