Retail TouchPoints

MARCH 15, 2024

trillion in sales by 2026. Digital shelf optimization (DSO) means constantly making changes to your product display on ecommerce platforms in an attempt to keep it as optimal as possible. It may even improve customer experience by providing opportunities to buy items at a lower cost. What is Digital Shelf Optimization?

Telecommunications 264

Telecommunications eCommerce Platforms Games eCommerce 264

Retail TouchPoints

JANUARY 30, 2023

Consumers purchase groceries through the Addie’s app or website and then choose a pickup window. The parking lot of the store is also designed to allow for a convenient drive-up experience. .” grocery sales by 2026, according to Mercatus. of all U.S.

Consumer 312

Consumer Management Technology Other 312

Retail TouchPoints

APRIL 10, 2023

Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026. Turning Customers into Brand Ambassadors (Source: Pandora) After more than 30 years operating in brick-and-mortar, Pandora began to debut online in markets around the world in 2014.

Jewelry 283

Jewelry Omnichannel Operations Technology 283

Retail TouchPoints

JANUARY 13, 2023

The big question for brands and retailers is how to increase revenues and efficiency, decrease expenses and make every customer count. In periods of soaring inflation, consumers look to buy products they truly need. Personalize the customer experience for added loyalty. How to Maximize Your Top Line in 2023 .

Shipping Costs 289

Shipping Costs Retail Recommendation Consumer 289

Retail TouchPoints

JULY 15, 2022

Next year, [retail media] will be about $50 billion in media spend, which is about 25% of all digital media, and we’re seeing forecasts of around $100 billion by 2026.”. Optimizing to transactions — that’s the unlock here,” said Quentin George, Partner at McKinsey and leader of the company’s Commerce Media Practice.

Retail 290

Retail Download Marketing Customer Experience 290

365 Retail

MARCH 13, 2023

According to Harvard Business Review, 73% of all consumers now use multiple channels during their purchase journey. Simply put, omnichannel commerce is a strategic approach to retail that focuses on delivering seamless customer experiences – whether the shopper is buying online from a mobile device, on a computer, or in a physical store.

Omnichannel 70

Omnichannel eCommerce Shipping Costs Social Media 70

ESW

OCTOBER 31, 2023

A recent PwC report found that consumers plan to increase spending by 7% this year, averaging $1,530 for gifts, travel and entertainment. This intention to spend more while being mindful of ongoing financial obligations may explain the boom in use of ecommerce instalment payments among Gen Z and Millennials. And why now?

Payment Services 78

Payment Services eCommerce Mobile Consumer 78

Retail TouchPoints

JULY 10, 2023

These first movers near universally are noting the gigantic opportunity to transform their business, from operations to customer relations and retention. Global ecommerce sales, representing 22% of all retail sales, could increase to $5.4 trillion in 2026, from $3.3 And there’s plenty of money at stake.

Merchant Services 279

Merchant Services Shipping Costs Retail Social Media 279

ESW

SEPTEMBER 12, 2023

billion by 2026. Some are taking that income to the ecommerce beauty and fragrance market in droves. And along the way, these new consumers are disrupting the industry. Many brands now offer gender-neutral options alongside their traditional offerings, recognising the need to adapt to changing consumer preferences and values.

Beauty and Health 144

Beauty and Health Shipping Costs Shipping Channel 144

Retail TouchPoints

MARCH 27, 2023

In doing so, businesses as diverse as consumer goods suppliers, transport operators, healthcare providers and entertainment companies can layer payment services into their processes, attract new customers with seamless payment journeys and generate additional revenues. trillion by 2026.

Payments 264

Payments Payment Services Financial Services Consumer 264

Fabric

NOVEMBER 2, 2023

Enterprise e-commerce platforms are purpose-built to handle the complex needs of large-scale retail operations. With global e-commerce sales projected to reach $6.3 trillion by 2026, it’s now more important than ever to invest in a platform that can adapt and scale as your business grows.

eCommerce Platforms 130

eCommerce Platforms eCommerce Payment Services Merchant Services 130

Retail TouchPoints

SEPTEMBER 14, 2023

that delivers pretty much any item to a consumer with science fiction-style immediacy, retailers remain bound by 21 st -century delivery methods. Unfortunately for retailers, fast fulfillment is rapidly moving from a differentiating “perk” to a consumer expectation. “On Until someone invents a Star Trek -style replicator (“Tea.

Shipping Costs 278

Shipping Costs Fulfillment Shipping Customer Loyalty 278

Retail TouchPoints

SEPTEMBER 23, 2022

trillion by 2026 , we can conclude that most companies are choosing to outsource. Consumers appreciate how swiftly Amazon delivers things , but it can be challenging to meet such high standards as a business. If you cannot fulfill orders at that rate and ship items with such diligence, your customer experience will suffer.

Shipping Costs 331

Shipping Costs Order Fulfillment Fulfillment Shipping 331

Retail TouchPoints

DECEMBER 20, 2021

The global social commerce market is expected to reach $2.9 trillion by 2026, and B2C brands are poised to make up nearly all of that revenue, according to Research and Markets analysis. As a result, brands and retailers across categories are focused on bolstering their social commerce capabilities.

Social Media 264

Social Media Customer Retention Technology B2C 264

ESW

JUNE 27, 2023

Climate change, consumer demand and government initiatives are all shedding light on the troubling effects of fashion waste, and they are pushing for the circular economy to take its place. billion by 2026. were secondhand, and 75% of consumers have shopped for or are open to shopping for secondhand clothing.

Apparel 78

Apparel Payment Services Clothing Fashion 78

iVend

JANUARY 17, 2023

Here we look at how technology is changing retail, and the key ways that technology trends in the retail industry for 2023 are enabling greater personalisation and customer experience. Deep insights – retailers capture a wealth of data; from apps, eCommerce sites, loyalty programs , point of sale and suppliers.

Technology 95

Technology Retail Omnichannel Customer Experience 95

Retail TouchPoints

DECEMBER 29, 2023

The humble sneaker has long been a staple item in closets everywhere for consumers of all ages. The consistent appeal of sneakers and sportswear has grown in recent times with customers, particularly from the Gen Z demographic , continuing to favor them as everyday items for leisure and now work.

Apparel 284

Apparel eCommerce Fulfillment Order Fulfillment 284

Korona

SEPTEMBER 22, 2022

Such changes have revolutionized the retail industry and consumer behavior and wouldn’t have been possible without the creation of cloud-based POS software. Cloud POS trends are booming, with nearly 28% of retailers planning to adopt this technology to shape the future of their sales operations and improve consumer satisfaction.

POS 52

POS Payment Services Point of Sale Payments 52

Payoneer

FEBRUARY 22, 2023

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. The Nigerian ecommerce market’s contribution to the global growth rate in 2023 is expected to be over 25%. of Nigerian ecommerce revenue.

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

Fabric

AUGUST 8, 2023

E-commerce is here to stay. The digital marketplace continues to reshape the retail landscape, offering unparalleled convenience and access to a global customer base. In 2022, US e-commerce sales topped $1 trillion , while global e-commerce sales soared past $5.7

Payment Services 130

Payment Services Fulfillment Management eCommerce 130

Payoneer

JUNE 12, 2023

Source: The complete guide to starting your dropshipping business Curious about the incredible model that enables entrepreneurs in ecommerce to effortlessly fulfill orders without handling packing tape? The retailer’s branding elements can be incorporated for a consistent and personalized customer experience.

Small Business Retail 26

Small Business Retail Payment Services Drop Ship Shipping Costs 26

Retail TouchPoints

JUNE 8, 2022

This led to an increase in ecommerce sales by 14.2% As the retail industry starts to return to normal in 2022, merchants around the world continue to respond to changing consumer behavior by embracing adaptability with open arms, in addition to being increasingly open to new technologies as part of their long-term strategies.

Merchant Services 246

Merchant Services Payment Services Payments eCommerce 246

Retail TouchPoints

JUNE 8, 2022

This led to an increase in ecommerce sales by 14.2% As the retail industry starts to return to normal in 2022, merchants around the world continue to respond to changing consumer behavior by embracing adaptability with open arms, in addition to being increasingly open to new technologies as part of their long-term strategies.

Merchant Services 246

Merchant Services Payment Services Payments eCommerce 246

Retail TouchPoints

JULY 26, 2023

With ecommerce already on the upswing and expected to grow to one-quarter of all global retail sales by 2026, retailers have a golden opportunity to capitalize on this disruptive time and protect their brand against future supply chain bottlenecks while establishing themselves as industry leaders.

Fulfillment 240

Fulfillment Operations Shipping Costs Order Fulfillment 240

UpSellIt

AUGUST 3, 2023

By 2026, retail ecommerce sales are projected to reach an astonishing 8.1 Ecommerce segmentation and personalization are two independent, but complementary strategies used in the field of online retail to enhance customer experience, improve conversion rates, and drive sales. What is Ecommerce Segmentation?

eCommerce 107

eCommerce Recommendation Accessories Customer Loyalty 107

Fabric

JULY 13, 2023

For example, to create a true omnichannel commerce experience , businesses may offer store fulfillment options such as buy online and pick up in-store (BOPIS or click and collect), curbside pickup, or have items shipped from a nearby store. billion by 2026: What is an example of omnichannel fulfillment?

Omnichannel 100

Omnichannel Fulfillment Payment Services Shipping Costs 100

Omnisend

MAY 28, 2021

The operation and running of fashion ecommerce brands are continuously evolving and changing to adapt to customers’ demands. In 2020, ecommerce transactions were the hottest trend when people were confined within their homes due to Covid-19. As a result, the fashion ecommerce statistics experienced substantial changes.

Fashion 78

Fashion eCommerce Jewelry Apparel 78

Retail TouchPoints

SEPTEMBER 3, 2021

The prize is a big one – due to increasing awareness about ocular diseases and a rise in the prevalence of vision abnormalities, Fortune Business Insights predicts that the global eyewear market will be worth nearly $179 billion by the end of 2026. Streamlining Search in the Endless Aisle.

Recommendation 274

Recommendation Shipping Costs eCommerce Customer 274

GetElastic

JANUARY 31, 2023

It’s rare to find a digital commerce leader who isn’t feeling the pressure to grow revenue. In fact, McKinsey says brands who improve customer experiences increase revenue by 15% and lower cost by 20%. That could be anything from updating their cart to modernizing their product experiences to a complete replatform.

Management 145

Management Customer Experience Technology Improvements 145

ROI Revolution

JUNE 27, 2019

The fastest growing age demo graphic in the labor force is currently 60+, and nearly half of the labor force increase between 2016-2026 will come from older workers. The New Retail Imperative: Be A Leader in Ecommerce Technology. The retail imperative, at its core, will always be the same – improving the customer experience.

SEO 84

SEO Customer Loyalty Technology Customer Experience 84

Retail TouchPoints

APRIL 25, 2023

Despite the format’s wild success in China, where it accounted for more than 17% of all ecommerce sales in 2022, livestream commerce has been slower to take off in the U.S. But while livestreaming represented only 2% of total ecommerce last year in the U.S., after failing to find traction. and the UK hailed from Gen Z.

Social Media 264

Social Media Events Fashion Travel 264