China’s Tech Market Will Grow by 4% in 2019 and 7% in 2020

Forrester eCommerce

Growth in China’s technology market will slow in 2019 due to geopolitical tensions and economic pressures but will rebound in 2020. Our just-published China Tech Market Outlook, 2019 To 2020 report forecasts that business and government purchases of technology goods and services will grow by 4% in 2019 and 7% in 2020 in US dollar […].

Will The Best Buy Rebrand Be A Better Look?

Retail TouchPoints

Best Buy rebrand Editor Q&A New Blue Best Buy 2020Last week, Best Buy launched a branding refresh , including an updated Best Buy logo, a new look and feel with updated colors, photography and conversational language and a new tagline: “Let’s talk about what’s possible.”

The World of Chatbots: Customer Service, Business Automation & Scalability


80% of businesses say they currently use or are planning to use chatbots by 2020. 50% of customers say they are more likely to shop if chat is available. Chatbots range from Facebook bots in messenger to on-site bots via tools like Drift. Ecommerce Technology

7 Fast and Furious Ways to Rev-up Automotive Customer Conversions


According to Forbes Communication Council, ecommerce trends show that by 2020, 40% of the automotive industry will consist of millennials. With their […]. The post 7 Fast and Furious Ways to Rev-up Automotive Customer Conversions appeared first on Zmags.

Magento 1 is retiring. How to migrate and future-proof your eCommerce site


Confirmed: Magento 1 will reach “End of Life” (EOL) in June 2020, not in 2018 as previously rumored. Breathe easy now. eCommerce Inventory Management How to

Investment Companies’ Content Fails To Inspire Trust

Forrester eCommerce

PwC forecast that the mass affluent segment alone would put up to $10 trillion under management by 2020. If there’s any industry whose content should inspire trust, it’s that of the investment and wealth management industry. They’re asking consumers to entrust their nest eggs with them. And there are lots of eggs. Our analysis of […]. B2C marketing content content marketing Financial Services investment companies wealth management

Indian Grocery Sector Grasp Ecommerce

Ecommerce Guru

Currently at $53 billion in annual revenue, the country’s ecommerce industry is expected to exceed $100 billion by 2020. An increasing number of Indians are switching to smartphones with data connections and making online purchases.

Tech Leaders Share Their Best Tips for Successful Ecommerce


With over five billion people around the world expected to be online by 2020, it is time for businesses to take their ecommerce global. There’s no denying the power of ecommerce—it has radically changed the way people buy and consumer forever. ecommerce ecommerce trends

How To Prepare Your Retail Website For Voice Search


By 2020, as much as half of all searches will be conducted by voice. Prepare your website for voice search with this helpful guide. Read more. The post How To Prepare Your Retail Website For Voice Search appeared first on ecomdash. Blog Ecommerce Tips

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How can pureplay retailers impress customers?

Retail Technology Review

In 1950 there were 600,000 retail stores in the UK, in 2012 there were 290,000, and just 220,000 are predicted to survive in 2020. By Matthew Robertson, Co-CEO NetDespatch. Physical stores are not what necessarily attracts shoppers to make a purchase in the mobile era and pureplay retailers are looking to take advantage of the shifting structure in retail

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How Big Will eCommerce In Asia Pacific Be In Five Years?

Forrester eCommerce

trillion in 2020. In our latest report, Asia Pacific Online Retail Forecast 2015 To 2020 , (subscription required) we look at the growth in these markets over the next five years and some of the key trends shaping the development of online retail in each one, including the following: Read more Categories: Asia Pacific.

The Latin American Economy Is Slowing Down Online Retail Market Growth

Forrester eCommerce

The recently published Forrester Research Online Retail Forecast, 2015 To 2020 (Latin America) explores the impact of all of these factors. Online retail in Latin America faces a number of challenges: a troubling economy, rising unemployment, high inflation, and regulatory and infrastructure problems. Some of the key findings are as follows. Read more Categories: Latin America. eCommerce. online retail. Data Insights Latin America eCommerce online retail

Webinar - Mimicking B2C tactics to optimize your B2B operations online


The global B2B eCommerce sales are predicted to reach over $6 trillion by 2020, surpassing B2C that is valued at over $3 trillion by 2020. With this in mind, it is a smart move for B2C eCommerce businesses to start thinking about how they can make the most of their eCommerce store. In order to scale quickly, B2C eCommerce businesses should start looking into how they can move into the B2B market. Business Growth eCommerce

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Are Retail Execs Equipped For The Oval Office?

Retail TouchPoints

But rarely does a retail exec generate the buzz that former Starbucks CEO Howard Schultz produced when he told 60 Minutes he was considering an independent presidential run in 2020. As it stands, he will be just one quixotic hopeful among dozens in the 2020 elections.

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Global Smartphone Subscribers Surpassed Feature Phone Subscribers in 2014

Forrester eCommerce

We expect the share of people using smartphones to grow at a rapid pace through 2020, when 87% of all mobile subscribers will have a smartphone. According to our recently published Forrester Research World Mobile And Smartphone Adoption Forecast, 2015 To 2020 (Global) , in 2020 there will be more than 5.4 Last year, the number of smartphone subscribers in the world surpassed the number of feature phone subscribers.

Announcing Forrester’s Latest Latin America Online Retail Forecast

Forrester eCommerce

billion by 2020, up from $20.8 It's been a big news year for eCommerce in Latin America: Brazil's economic instability has tempered eCommerce growth, elections in Argentina have raised hopes that favorable regulatory changes are ahead, and Amazon's entry into Mexico has shone the spotlight on the region's fastest growing market. According to Forrester's recently published forecast, online retail sales in Brazil, Argentina, and Mexico (the region's three largest markets) will reach $30.9

5 success strategies from the giants of the eCommerce industry


dollars by 2020. The e-commerce industry is fast becoming the favoured sales channel for a vast majority of customers. In 2016, an estimated 1.61 billion people worldwide made an online purchase, and the number is set to rise.

Will The Target Wage Hike Have An Industrywide Impact?

Retail TouchPoints

Target recently announced that it would raise its minimum wage to $11 per hour across the board — including for seasonal employees being hired for holiday 2017 — as the first step toward offering $15 per hour by 2020.

Can You Hear Me Now? Voice Search Powers A New Generation Of Retail Sales

Retail TouchPoints

ComScore predicts that by 2020, the lion’s share of Internet searches are going to originate from a different format: voice. By Hailee Sosnowski, BKV According to Google, mobile Internet queries have surpassed desktop search.

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Company Spotlight: Payoneer and the Rise of Digital Payments


It’s expected to grow at least another 22% by 2020. In 1999, SaaS rose to prominence through Salesforce, which is commonly considered to be the first true SaaS company. Around the world, small developers and huge enterprises took notice of Salesforce’s success, and SaaS quickly became a major part of ecommerce. e-Commerce Trends

A ‘Wellness Plan’ For SMB Retailers

Retail TouchPoints

25% of users paid by Samsung Pay & Apple Pay app during last transaction [i] 64% plan to use mobile wallet in 2020 [ii] +50% want to use apps for faster in-store purchases [iii] +520 million use Alipay in 30 countries — including the U.S. [iv]

Digital Commerce and the Threat of Card-not-present Fraud


Some estimates project that global ecommerce sales will reach $4 trillion by the year 2020. ecommerce market by 2020. And the use of mobile payments is expected to grow at an 80% compound annual growth rate through 2020 — reaching $503 billion.

The Top 3 Mistakes Companies Make in Implementing B2B Ecommerce


By 2020, that number is projected to eclipse $1.2 Frost and Sullivan projects that 27% of all B2B transactions will be conducted online by 2020. B2B ecommerce has exploded to become a major force in the US Economy, and an exciting new selling channel in many traditional industries.

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Do You Need Both Amazon Sponsored Ads And Google Shopping Actions?

Retail TouchPoints

In fact, eMarketer predicts that Amazon Advertising will grow by 50% each year until at least 2020. By Zach Morrison, Elite SEM Long gone are the days of pay-per-click ads living only on Google and other search engines. The battle for your ad spend has come to Amazon, too.

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How Mobility Can Connect Retailers From The Sales Floor To The Warehouse

Retail TouchPoints

By 2020, 48% of the workforce will be mobile, and this rises to 70% for small businesses. By Marco Nielsen, Stratix Retailers face a number of challenges when managing operations that stretch from the production line to the showroom floor.

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How ‘Going Live’ Helps Your Brand Connect With Your Customers

Retail TouchPoints

trillion annually by 2020, and to comprise 30% of total retail sales. By John Kueber, LiveShopCast QVC launched on Nov. 24, 1986 and sold $7,400 worth of merchandise in its first 24 hours of live programming.

Why is it so hard to monetize experience?


This is to serve consumers a digitized equivalent of the brick-and-mortar store, however there is an explosion of emerging touch-points these systems struggle to address (Gartner predicts that 25 billion connected devices will be in use by 2020). [4]

8 Best Practices for Designing Your eCommerce Website


The online market is growing rapidly, with retail eCommerce sales predicted to top $4 trillion by 2020. So you’ve decided to create an eCommerce website for your business? Congratulations! Now comes the hard part - designing an eCommerce site that will entice your customers to purchase. According to Canva , there are a number of scientific reasons that people respond to beautiful visual content. Did you know that 20% of your brain is devoted solely to vision? B2B eCommerce eCommerce

Better customer experience means targeting people, not buyers


This kind of personalization can have real benefits to a company’s bottom line, with Gartner predicting that by 2020 , smart personalization engines used to recognize customer intent will enable digital businesses to increase their profits by up to 15%.

Better customer experience means targeting people, not buyers


This kind of personalization can have real benefits to a company’s bottom line, with Gartner predicting that by 2020 , smart personalization engines used to recognize customer intent will enable digital businesses to increase their profits by up to 15%.

Souq Might Be One Of Amazon’s Best Acquisitions

Retail TouchPoints

The Impact Souq Will Have On Amazon Souq provides Amazon with direct access to a market that has huge upside ($20 billion by 2020) without Amazon having to battle any local competitors. By Hendrik Laubscher, Buy Box Experts There are few e-Commerce markets as exciting as the Middle East.

If you want to grow your business join the International Ecommerce Day


The ecommerce industry is the only one with a two digit growth year over a year and it’s estimated it will reach $4 billion in sales by 2020.

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Industry collaborative cloud: Key for co-creation

Bamboo Rose

Even more, that number is projected to exceed $20 billion by the end of 2020. Recent research from IDC shows that the industry collaborative cloud (ICC) market is growing rapidly.

Will Nike Thrive Following The Colin Kaepernick Ad Campaign?

Retail TouchPoints

Gen Z is poised to become the biggest generation in terms of spending, representing 40% of consumers by 2020 , and Nike’s commercial will appeal to them at an age when their buying habits are still fresh and malleable.

Online-To-Offline: An Integrated Approach To Retail

Retail TouchPoints

Despite this online explosion, McKinsey & Company estimates that in 2020 approximately 80% of U.S.