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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. Consumers are only one click away from retailers at all times. In the U.S., ecommerce spending is estimated to reach $1.7

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Beyond Accelerates Overstock Resurrection Following ‘Fatal’ Branding Mistake

Retail TouchPoints

owner of online retail brands Bed Bath & Beyond (BB&B) and Overstock , will bring back a standalone Overstock.com site in approximately five weeks rather than the September 2024 target date announced earlier. We believe that mandate will result in improved margins and profitability through Beyond.com and our core business.”

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Conversion Optimization Strategies for Luxury Online Retailers

UpSellIt

Despite growing economic concerns at the hands of global pandemic, the online luxury retail market is growing. While traditional conversion strategies work for online retailers, there are specific considerations to be made for luxury retailers. Conversion Optimizations Strategies for Luxury Online Retailers.

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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. million by 2025, up from $431.6 While going digital is not exclusively reserved for bigger brands, small retail businesses may not necessarily have the knowledge or funds to take the step.

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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? Encouraging customer loyalty.

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What retailers can learn from the 2021 holiday shopping season

Kibo

According to Statista, Amazon and eBay were the most visited eCommerce websites in 2021, but traditional retailers including Costco, Walmart, and Target ranked among the fastest-growing US companies based on online retail sales growth. billion by 2025. billion global consumers will shop with a digital wallet by 2023.

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2021 Deep Dive: Online Auto Parts + Accessories Data, Trends, + Stats

ROI Revolution

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. US online sales of new auto parts and accessories are expected to reach $17.7 Online auto parts and accessories sales are expected to grow to $19.8 billion in 2021. billion by 2023.