Remove 2021 Remove 2025 Remove Customer Retention Remove Technology
article thumbnail

Top 7 Omnichannel Retail Trends for 2021

ROI Revolution

Published May 6, 2021. According to eMarketer , almost 50% of retail CFOs in the US are pursuing a digital transformation in 2021. Ecommerce has surpassed levels not expected until 2025 due to the COVID-19 pandemic, expected to bring in over $843 billion in sales this year. An omnichannel approach can be a big revenue driver.

article thumbnail

ecommerce in Nigeria – tips for success

Payoneer

million in revenue in 2021. The adoption of electronic payments has encouraged cross-border and B2B ecommerce and the ecommerce market is estimated to be worth $12 billion, projected to reach $75 billion by 2025. billion annually through 2021. The top ranking online stores in Nigeria Jumia.com.ng Nigeria already spent about $5.9

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2022 Predictions: Unified Commerce Increases Total Revenue

GetElastic

These businesses stand to benefit from focusing on improving customer experiences, a key finding in the report highlights that reducing customer effort increases revenue. Three areas contribute to the 20% predicted lift in revenue from the unified commerce model: conversion/acquisition, average order value, and customer retention.

article thumbnail

Pandemic prompts mobile to overtake email as consumers’ preferred communications channel during buying journeys, MoEngage data shows

365 Retail

With retail analyst Gartner estimating that smartphone sales grew 11% globally in 2021 , mCommerce sales are anticipated to reach in excess of £92.17billion next year. Meanwhile, Accenture expects social commerce to grow three times as fast as traditional commerce by 2025 , representing a $1.2billion opportunity to retailers.

Channel 52
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Updated December 2, 2021. With store closures, safety concerns about being around other people, and more, consumers shifted to online shopping enough last year to push ecommerce to levels that weren’t expected until 2025! Black Friday 2021 brought in $8.9 Published March 12, 2020. billion in sales compared to $9 billion in 2020.

eCommerce 148
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Updated August 5, 2021. As the most efficient, scalable way to buy digital ads, programmatic should be a strategy every marketer considers in 2021. Citibank saw spending on cards increase 40% in Q2 2021. Contactless payments grew 37% YoY in Q2 2021 to account for 45% of global in-person transactions. increase over 2019.

eCommerce 197
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [July 2021]

ROI Revolution

Updated July 1, 2021. As the most efficient, scalable way to buy digital ads, programmatic should be a strategy every marketer considers in 2021. Gen Z alone is expected to make up almost half of all BNPL users by 2025, with Millennials not far behind. Ecommerce vs. in-person: Pandemic impacts in 2021. June 22 update.

eCommerce 148