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How NFTs Can Fight Fraud and Increase Customer Loyalty

Omnisend

Because of the way that NFTs work, they have numerous use cases for ecommerce stores, including anti-fraud, loss prevention, quality assurance, and even customer loyalty and rewards. In fact, Nike ended its partnership with Amazon in 2019 after two years due to the massive amount of fake Nike goods sold on the platform.

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The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

This strategic move helped boost customer loyalty and incentivize repeat purchases. Since 2014, China has seen major increases in sales each year – and it’s projected that by 2019, the country will have nearly $2 billion in retail ecommerce sales on its own. Digital currencies. 2005 – Etsy is launched.

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