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June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

Published June 30, 2021. Ecommerce vs. in-person: Pandemic impacts in 2021. After surging nearly 34% in 2020 due to the pandemic, ecommerce retail sales are expected to grow a more modest 13.7% this year while non-ecommerce sales will see 2.2% yearly growth, with ecommerce at 13% and total retail at 3.4%.

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UNDERSTANDING RETAIL THROUGH THE LENS OF GEN Z CONSUMERS

RetailMinded

Today, brands are bracing themselves for the next wave of shopper-led disruption in the form of the 11-24 age group, known colloquially as ‘Gen Z’ or ‘Zoomers’. This group of consumers are prepared to shop wherever best suits them in the moment and without preference as to the vehicle they use to find what they want.

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Viya, China’s top livestreaming influencer, vanished from cyberspace after receiving a $210m fine for tax evasion.

Ecommerce Platforms

On December 20, 2021, the State Tax Bureau of China announced that Viya would be fined $ 210 million(¥1.34 According to Alibaba Group, Viya’s gross merchandise volume (GMV) in the presales day for Double 11, the most extensive online shopping festival in China, reached $ 134 million (¥ 8.53 billion) for tax evasion.

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You Just Experienced your First Chargeback. Now What?

Retail TouchPoints

million applications to start new businesses through September 2021. As businesses adapt to today’s digital economy, many are coming face-to-face with the reality that they lack an ecommerce fraud strategy. Today, fraud has accelerated and grown even more sophisticated due to the rise of ecommerce and mobile payments.

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Evercommerce Review 2023: All the Pros and Cons You Need to Know

Ecommerce Platforms

EverCommerce is a relatively unheard-of concept in the ecommerce marketplace at this point – but it’s quickly generating attention. Designed to be the leading service commerce platform, Evercommerce promises business leaders a vertically tailored set of integrated SaaS solutions supporting more than 500,000 global businesses worldwide.

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The Best Payment Gateways for Shopify: 10 Options for 2021

Ecommerce Platforms

Lots of support from the Shopify group available, including the option to look into business credit options with your payment system. ?? Read our comprehensive Shopify Payments review. Best Payment Gateways for Shopify: Square. Best Payment Gateways for Shopify: Amazon Pay. Best Payment Gateways for Shopify: Opayo.

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Worldpay Review- Complete Digital Payment Ecosystem?

Ecommerce Platforms

As a matter of fact, according to the Ecommerce Payment Methods Report of 2016, credit cards will be overtaken by digital wallets by 2019. Now, let’s shift to mobile payments. And going by its current growth, it’s projected to hit 56% by 2021. for ecommerce card transactions. My point? And you know what?