GetElastic
DECEMBER 18, 2020
As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Marketplace operations. Payment services. Marketplace Operations. Subscriptions.
ROI Revolution
MAY 6, 2021
To make the customer journey between all of these channels seamless, retail leaders are making sure a holistic omnichannel strategy is a part of their digital transformation. Ecommerce has surpassed levels not expected until 2025 due to the COVID-19 pandemic, expected to bring in over $843 billion in sales this year. Digital Wallets.
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365 Retail
NOVEMBER 1, 2022
In fact, ThredUp projects revealed the industry is expected to reach £64m in value globally in 2025. With brands increasingly investing in technology to develop their own marketplaces – what impact will this have on ecommerce retailers who stick to traditional processes? . The rise of online marketplaces.
Payoneer
FEBRUARY 22, 2023
However, despite the coronavirus pandemic’s boost, eCommerce in Nigeria faces several challenges, including inadequate logistics infrastructure, limited payment options, high shipping costs, and low consumer trust. In addition, successful ecommerce in Nigeria requires navigating Nigeria’s unique market challenges.
ROI Revolution
DECEMBER 2, 2021
With store closures, safety concerns about being around other people, and more, consumers shifted to online shopping enough last year to push ecommerce to levels that weren’t expected until 2025! In August 2021, 66% of organizations were in the process of delaying their office reopenings. By 2025, it will be nearly double that at $563.4
ROI Revolution
AUGUST 5, 2021
It’s not just that shoppers are spending more – it’s also that they’re making more digital payments and fewer cash payments. Contactless payments grew 37% YoY in Q2 2021 to account for 45% of global in-person transactions. yearly growth until 2025, and ecommerce will eventually see slight declines in growth.
ROI Revolution
JULY 1, 2021
Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Buy now, pay later (BNPL) is one of the myriad alternative payment methods that has seen the most growth since last year, with BNPL adoption up more than 81% year-over-year.
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