Retail TouchPoints
AUGUST 7, 2023
Digital marketplaces help you provide the personalization customers have come to expect, and in today’s crowded ecommerce space, the customer experience has never been more important. Global ecommerce sales are projected to exceed $7 trillion by 2025.
GetElastic
DECEMBER 18, 2020
With the emphasis on customer retention, rather than customer acquisition, merchants have a higher chance of maintaining the loyalty of existing customers. As for millennials and Gen Z’s, their comfort in technology have made these services imperative when making a purchase. Subscriptions.
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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? appeared first on 365 RETAIL | Retail Technology News.
Omnisend
MAY 18, 2021
Revolutionary platforms like Namaste Technologies, boasting a strong presence in the U.S., Appeal to your customers and ensure a high customer retention rate by utilizing marketing automation. Curate a highly personalized , omnichannel marketing strategy to expand your outreach and connect with newer, better customers.
Payoneer
FEBRUARY 22, 2023
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. This will help build customer trust and credibility and ultimately increase customer retention and loyalty.
GetElastic
JANUARY 13, 2022
These businesses stand to benefit from focusing on improving customer experiences, a key finding in the report highlights that reducing customer effort increases revenue. Three areas contribute to the 20% predicted lift in revenue from the unified commerce model: conversion/acquisition, average order value, and customer retention.
365 Retail
MARCH 15, 2022
Meanwhile, Accenture expects social commerce to grow three times as fast as traditional commerce by 2025 , representing a $1.2billion opportunity to retailers. With retail analyst Gartner estimating that smartphone sales grew 11% globally in 2021 , mCommerce sales are anticipated to reach in excess of £92.17billion next year.
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