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Alibaba Supply Chain Exec Recommends Futureproofing with AI, Blockchain and Crowdsourcing

Retail TouchPoints

“Ecommerce became not just a ‘good-to-have’ channel, but a must-have channel for small businesses. Alibaba.com’s mission had always been to help small businesses globally, something which is extremely meaningful to me and made it an easy choice following my time at PwC.”

Supplies 257
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3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. As ecommerce sales continue to grow, so does the focus on logistics, enabling retailers to meet the rising demand for shipping. trillion in 2024 to $1.57

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Retailers Must Join the Content Commerce Revolution That TikTok Started

365 Retail

Last year, small businesses on TikTok contributed £1.63 According to eMarketer’s forecasts, TikTok will increase its global audience to 900 million by 2024, accounting for 19.8% There can be no doubt about the impact that TikTok has had on the ecommerce industry in the UK. of all internet users.

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What a TikTok Ban Could Mean for U.S. Businesses and Sellers

Retail TouchPoints

billion in revenue for small business owners and supported 224,000 jobs. Therefore, a potential ban would have significant economic repercussions, particularly for the growing community of creators, small businesses and major brands that rely on its short-form videos and TikTok Shop, an in-app ecommerce platform launched in the U.S.

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Amazon Wants to Help U.S. SMBs Sell Abroad — on Amazon, of Course

Retail TouchPoints

This year Amazon overtook Walmart to become the biggest retailer in the U.S. — but the fact is, Amazon is a big business powered by lots and lots of small ones. More than half of all products purchased on Amazon are sold by third-party sellers, most of which are small- and medium-sized businesses (SMBs).

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

ROI Revolution

With consumers more concerned about their discretionary spending, the online resale apparel market is projected to double by 2024 ( Statista ). With 160 million customers visiting Walmart stores or Walmart.com each week , Walmart is the largest retailer in the US. Ecommerce retail sales are projected to grow 14.3% mid-pandemic.

eCommerce 195
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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Last month marked the ninth month in a row of total retail sales growth as the world recovers from a pandemic that led to total retail sales declining 10.5% Total retail sales were up 11% year-over-year this June, a 10.4% of all retail sales ( eMarketer ). When it comes to large retailers and department stores, 58.2%

eCommerce 197