ESW

JUNE 23, 2023

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. According to Morgan Stanley, parts of Southeast Asia and Latin America could experience 17% to 20% ecommerce growth over the next five years.

Consumer 78

Consumer eCommerce Payment Services Shipping Costs 78

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.”. “We’re seeing something like 50 retail networks launched in the U.S. There are a number of reasons behind the rush to set up RMNs.

Retail 266

Retail Download Marketing Customer Experience 266

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. AI-powered product discovery tools have emerged as must-have technologies.

Shipping Costs 260

Shipping Costs Retail Recommendation Consumer 260

RTP blog

DECEMBER 27, 2018

At the same time, job dissatisfaction is hitting new highs and high turnover has created an estimated driver shortage of 60,000 and forecasts of a number 3X that size by 2026. To compete, retailers must adopt technology like artificial intelligence (AI), machine learning and the Internet of Things (IoT) for planning. more than in 2017.

Technology 150

Technology Supplies Electronics Management 150

Retail TouchPoints

SEPTEMBER 7, 2023

The pace of technological change — as well as consumers’ increasing demand for always-on-shopping, anytime, anywhere — has left some retailers struggling to innovate digitally to meet customers’ evolving wants and needs. The customer experience is changing — and faster than ever. And they’re rewarded for it too.

Customer Experience 265

Customer Experience Technology Customer Retail 265

Retail TouchPoints

JULY 10, 2023

The world of retail is getting ready for its iPhone moment using breakthrough generative AI technology. These first movers near universally are noting the gigantic opportunity to transform their business, from operations to customer relations and retention. trillion in 2026, from $3.3 And there’s plenty of money at stake.

Merchant Services 270

Merchant Services Shipping Costs Retail Social Media 270

Retail TouchPoints

SEPTEMBER 23, 2022

trillion by 2026 , we can conclude that most companies are choosing to outsource. How technologically advanced are your operations? 3PLs are usually better equipped with technology meant for warehousing and logistics. They also tend to upgrade faster with changing needs to stay relevant for their customers.

Shipping Costs 296

Shipping Costs Order Fulfillment Fulfillment Shipping 296

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. But just because we’re not yet stepping into transporters to beam us where we want to go doesn’t mean technology has no role to play in cutting fulfillment costs.

Shipping Costs 248

Shipping Costs Fulfillment Shipping Customer Loyalty 248

Retail TouchPoints

DECEMBER 20, 2021

trillion by 2026, and B2C brands are poised to make up nearly all of that revenue, according to Research and Markets analysis. In some cases, we want to accelerate the adoption of new technologies and up the pace of innovation. RTP: What are some specific technologies that you think will be helpful?

Social Media 232

Social Media Customer Retention Technology B2C 232

Retail TouchPoints

JUNE 26, 2023

The latter is a particularly welcome development for large purveyors like Vintage Wines, which now have more options and space to introduce their offerings to consumers, and Kogan has been integral in rolling this out across the company’s portfolio at retailers across the country.

Food and Beverages 252

Food and Beverages eCommerce Fashion Information 252

365 Retail

MARCH 13, 2023

According to Harvard Business Review, 73% of all consumers now use multiple channels during their purchase journey. But what exactly is omnichannel and how can online retailers adapt to meet ever-changing consumer habits? By 2026, it’s estimated that 39.9% of TikTok users will make purchases via the platform.

Omnichannel 72

Omnichannel eCommerce Shipping Costs Social Media 72

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

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 229

Apparel eCommerce Fulfillment Order Fulfillment 229

Retail TouchPoints

JUNE 8, 2022

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. trillion by 2026.

Merchant Services 226

Merchant Services Payment Services Payments eCommerce 226

Retail TouchPoints

JUNE 8, 2022

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. trillion by 2026.

Merchant Services 223

Merchant Services Payment Services Payments eCommerce 223

Kissmetrics

FEBRUARY 1, 2021

Beacon technology is the next generation of proximity marketing. By leveraging the data collected from beacons, marketers have more opportunities to track paid campaigns, deliver personalized messaging to consumers, and improve local SEO. dollars by 2026. dollars by 2026. What Is Beacon Technology? billion U.S.

Technology 306

Technology Mobile Improvements SEO 306

Retail TouchPoints

MARCH 15, 2023

As technology innovation continues to advance, retailers are ever on the lookout for easier, faster, and more convenient ways to streamline and enhance their operations and the customer experience. billion in 2026. But because they don’t engage consumers, they do little to encourage a point-of-sale purchase.

Retail 218

Retail Electronics Point of Sale Technology 218

Fabric

AUGUST 8, 2023

According to Insider Intelligence, 24% of retail purchases are expected to take place online by 2026. However, while global e-commerce sales are growing at an accelerated pace, the traditional approach to order management has not kept up with the evolving needs and expectations of modern customers.

Payment Services 130

Payment Services Fulfillment Management eCommerce 130

Payoneer

FEBRUARY 22, 2023

. * Only Revenue Generated in Nigeria was Evaluated The rapid growth of ecommerce websites in Nigeria Source: Revenue and projected revenue in billions of USD from 2014 – 2026 In Nigeria, the smartphone segment is expected to generate a revenue of US$9.39 billion in 2023, with a projected annual growth rate of 6.33% (CAGR 2023-2027).

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

Fabric

NOVEMBER 2, 2023

trillion by 2026, it’s now more important than ever to invest in a platform that can adapt and scale as your business grows. For omnichannel retailers, these cutting-edge solutions can help to deliver seamless shopping across various channels and improve the overall customer experience. trillion this year and soar to $8.1

eCommerce Platforms 130

eCommerce Platforms eCommerce Payment Services Merchant Services 130

Retail TouchPoints

SEPTEMBER 3, 2021

However, technology advances over the past few years have made it possible to offer the kind of digital personalization needed to sell prescription eyewear online, and the Israeli-founded startup GlassesUSA.com has been at the forefront of that innovation. “You have to manufacture each one based on a specific prescription.”.

Recommendation 210

Recommendation Shipping Costs eCommerce Customer 210

GetElastic

JANUARY 31, 2023

In order to increase key KPIs like conversion, AOV, and customer lifetime value, you need to “wow” customers with innovative experiences like shop-the-room, virtual try-on, & pop-up shops and seamless product discovery through product configurators, loyalty-only catalogs , dynamic bundles , and more.

Management 145

Management Customer Experience Technology Improvements 145

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. Personalized shopping carts and checkout experiences.

eCommerce 107

eCommerce Recommendation Accessories Customer Loyalty 107

Fabric

JULY 13, 2023

As a result, customers enjoy greater convenience, speed, flexibility, and more personalized fulfillment experiences. In this article, we will delve into the key components, technologies, and steps involved in successfully implementing omnichannel fulfillment for enterprise businesses. Let’s dive in!

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. Revolutionary technologies, markets changing at a geographic and economic level, and profitability are the main factors controlling the changes in the fashion industry. between 2019 and 2026.

Fashion 78

Fashion eCommerce Jewelry Apparel 78

ROI Revolution

JUNE 27, 2019

This created the experience of trying on the pants without having to carry expensive amounts of inventory. It’s about delivering experiences that weren’t possible before recent technological developments. The New Retail Imperative: Be A Leader in Ecommerce Technology. So what is “The New Retail Imperative”?

SEO 84

SEO Customer Loyalty Technology Customer Experience 84

Retail TouchPoints

APRIL 25, 2023

according to eMarketer , that’s still equivalent to $17 billion , and Coresight Research expects that to grow to $68 billion by 2026. And it certainly seems to appeal to younger consumers — a recent study from The Influencer Marketing Factory found that 47% of consumers who had made a livestream purchase in the U.S.

Social Media 201

Social Media Events Fashion Travel 201