Remove 2023 Remove B2B Remove Consumer Remove Customer Retention
article thumbnail

Gartner Survey Review: Digital Commerce Revenue Skyrockets with B2B Surpassing B2C

GetElastic

Based on evidence from 2021’s State of Digital Commerce Report, and 2020’s B2B Digital Commerce research, the survey examines digital commerce through the lens of multiple verticals and business models. By 2024, 15% of B2B organizations will use digital commerce platforms to support both their customers and sales reps in all sales activities.

B2C 146
article thumbnail

Graf Lantz Seeks Growth Without Sacrificing Product Quality or Sustainability

Retail TouchPoints

In celebration of Earth Day 2023, the brand also launched a partnership with Sway , the regenerative design company and 2023 Winner of the Tom Ford Plastic Innovation Prize, to release a limited-edition Wine-Ote’s note card. Our founders are not consumers in context of the ‘consumerist culture,’” Gopinath explained.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Are eCommerce Subscriptions? And, Why Do They Matter?

GetElastic

Long story short, the way I shop for, and consume, vitamins has totally changed. Prior to Netflix, many consumers had a membership to Blockbuster where they could browse, rent, and return movies at a local brick and mortar location. This enables Birchbox to make huge margins on samples while still keeping cost low for consumers.

article thumbnail

How to get repeat customers: Proven strategies for success

Omnisend

Reading Time: 8 minutes A common misconception about repeat customers is that they only respond to crazy discounts. While providing discounts is an effective strategy to encourage returning customers, it’s neither the only nor the best way. Returning customers also benefit your reputation, strengthening your market position.

article thumbnail

The Impact of Live Commerce on Shopping

Smile.io

billion in 2023. When using live commerce and ecommerce sites, customers can choose from a range of delivery options or even curbside pickup.   Advertising revenue from TikTok was expected to rise by 55% in 2023.   71% of consumers expect personalization. Billion in 2023. billion visitors in 2022.

article thumbnail

How To Get Ahead of The Competition with Easy-to-Launch eCommerce Subscription Services ?

GetElastic

However, they also state that while “ 75% of organizations selling direct to consumer will offer subscriptions services by 2023, only 20% will succeed in increasing customer retention. ”. This leaves brands incapable of keeping up with customer demands, which leads to high churn. Why’s that you may ask?

article thumbnail

ecommerce in Nigeria – tips for success

Payoneer

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027.