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

Retail TouchPoints

19, 2025, with the potential for an extension. app stores and preventing any updates in 2025. Diversifying Marketplaces and Channels Should a TikTok ban occur, other channels will undoubtedly absorb the traffic, which is one of the reasons why businesses should diversify their sales channels.

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How Retailers Can Use AI to Improve Customer Experience and Build Trust

Retail TouchPoints

trillion by 2027 – representing over 20% of overall retail sales. Additionally, global ecommerce spending could surpass $7 trillion as early as 2025. To combat this challenge, modern retailers are embracing AI to help improve the customer experience by increasing speed of service and adding a more personalized touch.

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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

These consumers are using digital channels and experiences to discover and engage with once out-of-reach luxury brands. Previously, there has been resistance from luxury brands who were unsure of how to replicate the bespoke experience that consumers expect in-store through online channels,” Chen explained.

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Cloud retail solutions unlock the power of automation

iVend

But all retailers, including enterprises , now realise that cloud is not solely about reducing cost, it is actually what underpins and enables much automation. This has led to a rapid growth in the adoption of cloud retail solutions, with spending in the global retail industry forecast at 16.3% per year between 2021 and 2025.

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The Significance of Mobile Commerce (M-Commerce) in 2024

365 Retail

And M-commerce retail sales are set to exceed £100 billion in 2025. Curating a seamless, device-agnostic, omnichannel experience is now absolutely crucial for the modern online retailer, as it serves to boost sales, increase customer loyalty, and drive long-term growth.

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15 ecommerce statistics every entrepreneur must know

Omnisend

Finally, it’s expected that ecommerce will make up 25% of total global retail sales by 2026, up from 19% last year. Though online retail sales have been increasing steadily in the USA for years to $768 billion in 2021, ecommerce statistics show that brick-and-mortar sales still make up the majority of retail sales in the country.

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Harnessing the huge marketing potential of subscription services

365 Retail

billion by 2025. In fact, the value of the subscription box market has more than doubled in size since Royal Mail’s last report on the industry, thanks in part to the Covid-19 pandemic and the more general acceleration in online retail growth. So what does 2022 hold for the subscriptions market?