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Live Selling: the Solution for Deepening Consumer Relationships in a Rapidly Evolving Retail Landscape

Retail TouchPoints

Unfortunately, unexpected situations can occur at any moment, like a global pandemic that reduces foot traffic to a trickle, or the shift of consumer demand online from offline channels. Though a relatively new channel for retailers in the U.S., Consumers Want Digital Interactions. Live Shopping is Here to Stay.

Consumer 264
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The Future of Ecommerce Demands a Better Understanding of Online Consumer Journeys

Retail TouchPoints

trillion in 2026.”. While that may seem odd to say, given the extent that ecommerce now pervades most consumers’ everyday shopping, the current hot take from some industry analysts is that ecom growth has slowed and brick-and-mortar retail is on the rise. trillion today to $5.4 Or to put it more directly: Has ecommerce plateaued?

Consumer 306
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The Untapped Potential of Audio in Retail Media Networks

Retail TouchPoints

According to McKinsey , the growth of RMNs could represent as much as $100 billion in ad spending by 2026. This way buyers can choose what media channels perform best. Retail Media Networks that offer managed service advertising solutions are likely to take a more active approach to channel selection.

Retail 290
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DSW Plans to Double Sales of Private Label Brands Over Next 5 Years

Retail TouchPoints

The company — which operates 650 locations under the DSW Designer Shoe Warehouse and The Shoe Company banners —announced plans to nearly double sales of its owned brands, from 19% of the business to one-third by fiscal 2026 (the fiscal year ending January 30, 2027).

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6 Paid Social Trends to Be Aware of in 2024

Retail TouchPoints

trillion by 2026, more than doubling its current value. Source: Statista This forecast highlights the tremendous potential and increasing influence of social media platforms as key drivers of consumer purchasing behavior. E-sellers will leverage social channels more than ever.

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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026. In 2022, Pandora banked 600 million visits across its online channels and stores. Pandora, needless to say, is opposed to horrible consumer experiences.

Jewelry 268
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6 Things to Know About Ecommerce Consumers in 2023

ESW

trillion by 2026, making up 27% of all retail sales. And as the number of ecommerce consumers continues to grow, new markets and segments are emerging along with it. But keeping up with consumer behaviour around the world can be overwhelming for even the biggest ecommerce brands.