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

Retail TouchPoints

Leading-edge brands are responding by: Developing omnichannel strategies that engage and empower consumers, especially those in the coveted Chinese market ; Embedding digital innovation that reflects the brand heritage and promise; and Testing new offerings and experiences such as digital collectibles and loyalty programs.

Payments 282
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Top Risks For Retail Businesses In 2021 (And in The Next Decade)

Retail TouchPoints

With the adoption of e-commerce on the rise, brick and mortar retail businesses face increased risks of having to shut down. Indeed, Statista predicts ecommerce revenue to reach $563.4 million by 2025, up from $431.6 Cybersecurity should be a top priority for any retail business looking to get onto the e-commerce wagon.

eCommerce 305
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15 ecommerce statistics every entrepreneur must know

Omnisend

trillion in online sales. According to the latest ecommerce stats, Asia has the highest ecommerce revenue at about $2 trillion, followed by the Americas and Africa. Finally, it’s expected that ecommerce will make up 25% of total global retail sales by 2026, up from 19% last year. What’s more? But this may change soon.

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4 Tips for Driving Digital Sales in Hyper-Dynamic Markets

Retail TouchPoints

Success in online sales has become a high-stakes game. On one hand, the volume of business transacted online continues to grow at a breakneck pace while it has been getting exponentially harder to connect with would-be customers. According to eMarketer estimates, worldwide retail ecommerce sales are as follows: 2020: $4.28

Marketing 279
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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

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! This year’s online Black Friday sales were slightly lower than the year before for the first time ever. billion in revenue.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Mastercard reports that their Q2 2021 revenue surged 36% over last year, a confident indication that consumer spending is rebounding after the pandemic made shoppers wary of making discretionary purchases. It’s not just that shoppers are spending more – it’s also that they’re making more digital payments and fewer cash payments.

eCommerce 197
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How Coronavirus (COVID-19) Is Impacting Ecommerce [January 2022]

ROI Revolution

in 2021, making up for some brick-and-mortar revenue lost around the onset of the pandemic. of all retail sales. By 2025, ecommerce sales will surpass $1.6 of total retail sales. of all retail sales. After surging nearly 34% in 2020 due to the pandemic, ecommerce retail sales are expected to grow a more modest 13.7%