Remove 2025 Remove Customer Data Remove Customer Experience Remove Customer Loyalty
article thumbnail

How Retail is Leveraging Unified Digital Experiences

Retail TouchPoints

trillion by 2025. At the same time, this rapid ecommerce growth has seen its fair share of issues, such as website crashes, customer support issues, supply chain disruptions and dips in customer loyalty due to a lack of personalization. Ecommerce sales are expected to grow by 50% over the next four years, reaching $7.4

Retail 272
article thumbnail

How the Growing FinTech Boom is Helping the Retail Industry

365 Retail

Today, the global FinTech industry is valued at over $310 billion, and this figure is expected to reach more than $600 billion by 2025. There’s now a clear link between the FinTech industry and retail, with payments being an important part of customer service. Improving Customer Experience. Providing Payment Data.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Harnessing the huge marketing potential of subscription services

365 Retail

billion by 2025. This could perhaps be due to the rise in customer loyalty. . Encouraging customer loyalty. Personalisation is key to attracting loyalty: 80% of consumers are more likely to purchase from a retailer that sends personal content. beer); and mail order buyers. .

article thumbnail

Building Compelling Retail Digital Experiences for Millennials

Kibo

trillion by 2025 , far surpassing other generations. This generation is also considered more digital than any before it, with more than 86% of millennials citing online shopping as their preferred buying experience. Thus, many prefer the ease of an omnichannel customer experience to keep their business and attention.

article thumbnail

ecommerce in Nigeria – tips for success

Payoneer

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. To ensure that customers enjoy a hassle-free experience, multiple payment options should be made available to cater to different preferences.

article thumbnail

Multi-Channel Retailing: The Ultimate Guide to Engaging Customers On- and Offline

Korona

Multi-channel retailing refers to implementing multiple sales channels, such as brick-and-mortar stores, online marketplaces, mobile apps, and catalogs, to create a seamless customer shopping experience. According to Statista, by 2025 , 10.4% This broadens the retailer’s customer base and helps to increase brand exposure.