Retail TouchPoints

APRIL 14, 2023

In recent years, the financial landscape has changed dramatically with new economic challenges making it increasingly difficult for consumers to commit to recurring monthly payments. Consumer concerns around inflation also remain “highly elevated”. trillion by 2026, growing at a compound annual growth rate (CAGR) of 9.5%.

Payment Services 263

Payment Services Subscription Banking Information 263

Retail TouchPoints

MARCH 15, 2024

After all, a digital shelf displays your products for the customer to browse, just like a shelf in a brick-and-mortar store would. While customers come to browse the physical shelf, your digital shelf goes to the customer. trillion in sales by 2026. This comparison, however, has its limits.

Telecommunications 245

Telecommunications eCommerce Platforms Games eCommerce 245

Retail TouchPoints

APRIL 10, 2023

The ultimate goal is to deliver personalized, omnichannel experiences to customers in all of Pandora’s 100 markets. Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026.

Jewelry 240

Jewelry Omnichannel Operations Technology 240

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. When it comes to augmenting the top line, brands should prioritize optimized product discovery and aim to hyperpersonalize the customer journey and transform pre-loved pieces.

Shipping Costs 273

Shipping Costs Retail Recommendation Consumer 273

Retail TouchPoints

APRIL 20, 2022

billion globally by 2026. While online platforms and communities like Instagram are the “cornerstone” of the brands’ digital footprints, Del Fante explained that each physical location presents a unique opportunity to “express our brand in a way for us to retain customers. The legal cannabis market was valued at $12.81

Retail 353

Retail Social Media Technology Events 353

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 277

Retail Download Marketing Customer Experience 277

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 260

Payments Payment Services Financial Services Consumer 260

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. If I start doing individual customer deliveries, by definition the truck is getting filled with more air at every stop,” said Katz. Until someone invents a Star Trek -style replicator (“Tea.

Shipping Costs 261

Shipping Costs Fulfillment Shipping Customer Loyalty 261

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? But what exactly is omnichannel and how can online retailers adapt to meet ever-changing consumer habits?

Omnichannel 71

Omnichannel eCommerce Shipping Costs Social Media 71

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. trillion in 2026, from $3.3 Retailers have a vast amount of data about customer shopping behavior and purchase history. Companies are racing to adopt it.

Merchant Services 276

Merchant Services Shipping Costs Retail Social Media 276

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. And if you didn’t like it, tough,” she said. “

Food and Beverages 264

Food and Beverages eCommerce Fashion Information 264

Retail TouchPoints

SEPTEMBER 23, 2022

The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. trillion by 2026 , we can conclude that most companies are choosing to outsource. How to optimize shipments based on the customers’ location.

Shipping Costs 310

Shipping Costs Order Fulfillment Fulfillment Shipping 310

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 277

Customer Experience Technology Customer Retail 277

ESW

SEPTEMBER 12, 2023

billion by 2026. 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. Statista predicts fragrance sales will climb to $3.12

Beauty and Health 144

Beauty and Health Shipping Costs Shipping Channel 144

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. Smith: It gives our customers the ability to quickly share products and earn loyalty points as their friends and family purchase products. The global social commerce market is expected to reach $2.9

Social Media 245

Social Media Customer Retention Technology B2C 245

iVend

JANUARY 17, 2023

There has never been so much tech in retail, with retail technology solutions having the power to help attract and retain customers, for sustained growth and profit. This digital technology in retail stores provides a ‘personal shopper’ service that enhances the customer’s experience and increases sales.

Technology 97

Technology Retail Omnichannel Customer Experience 97

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. Nearly 6 in 10 younger consumers say they are leaning on instalment plans like buy now, pay later (BNPL) to relieve financial stress this holiday season. Consumer shopping habits are always in flux.

Payment Services 78

Payment Services eCommerce Mobile Consumer 78

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

ChannelAdvisor

APRIL 3, 2023

As Insider Intelligence’s global retail e-commerce forecast suggests, it is more important than ever for retailers and brands to find ways to be more agile and flexible in how they get products into consumers’ hands—and to do so while offering a positive experience with minimal friction.

eCommerce 52

eCommerce eCommerce Marketing Fulfillment Channel 52

ChannelAdvisor

APRIL 3, 2023

As Insider Intelligence’s global retail e-commerce forecast suggests, it is more important than ever for retailers and brands to find ways to be more agile and flexible in how they get products into consumers’ hands—and to do so while offering a positive experience with minimal friction.

eCommerce 52

eCommerce eCommerce Marketing Fulfillment Channel 52

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. In short, that is fewer drivers who are authorized to drive fewer hours. more than in 2017.

Technology 150

Technology Supplies Electronics Management 150

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 243

Apparel eCommerce Fulfillment Order Fulfillment 243

Payoneer

JUNE 12, 2023

This strategic collaboration enables small businesses to focus on core competencies like marketing, customer service, and brand development. Plus, it provides customers with seamless experiences and access to a wide, exciting range of products.

Small Business Retail 26

Small Business Retail Payment Services Drop Ship Shipping Costs 26

Korona

AUGUST 25, 2021

In fact, industry reports suggest that the compound annual growth rate for the furniture industry will increase by 5% in the years 2021-2026. As things are beginning to level out again and supply chains are becoming more regulated, there is a vast consumer market that is still on the hunt to enhance their homes, offices, and retail spaces.

POS 52

POS Home Furnishings Small Business Retail Document 52

Retail TouchPoints

JULY 26, 2023

Global supply chain challenges, inflation and a shift to online consumerism have upended the traditional retailer and customer relationship. Today’s fast-paced world leaves consumers strapped for cash and time. From order placement to shipping notifications, consumers demand regular updates about their orders or returns.

Fulfillment 198

Fulfillment Operations Shipping Costs Order Fulfillment 198

Fabric

AUGUST 8, 2023

The digital marketplace continues to reshape the retail landscape, offering unparalleled convenience and access to a global customer base. According to Insider Intelligence, 24% of retail purchases are expected to take place online by 2026. 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

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 232

Retail Electronics Point of Sale Technology 232

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. between 2020 and 2021 in the U.S.

Merchant Services 237

Merchant Services Payment Services Payments eCommerce 237

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. between 2020 and 2021 in the U.S.

Merchant Services 235

Merchant Services Payment Services Payments eCommerce 235

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

Kissmetrics

FEBRUARY 1, 2021

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. Beacons can also nurture customers by sending coupons to users who clicked on an ad or visited your store but failed to make a purchase.

Technology 306

Technology Mobile Improvements SEO 306

Retail TouchPoints

SEPTEMBER 3, 2021

Many retailers are now looking for ways to offer customized products, but in the world of prescription eyewear customization has always been the name of the game. “They realized that the end customer was spending so much money on glasses, but they’re a health necessity.”. Streamlining Search in the Endless Aisle.

Recommendation 221

Recommendation Shipping Costs eCommerce Customer 221

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

Fabric

JULY 13, 2023

As a result, providing customers with omnichannel retail experiences became a requirement for survival. Businesses continue to diversify their fulfillment strategies to meet changing customer expectations and market dynamics. billion by 2026: What is an example of omnichannel fulfillment? Let’s dive in!

Omnichannel 100

Omnichannel Fulfillment Payment Services Shipping Costs 100

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. trillion dol lars. What is Ecommerce Personalization?

eCommerce 111

eCommerce Recommendation Accessories Customer Loyalty 111