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3 Marketplace Categories Where ‘White Space’ Still Exists

Retail TouchPoints

trillion dollars and account for 59% of all global ecommerce by 2027. “It’s I had been at the heart of the digitization in the B2C space, but hadn’t seen it in B2B , [where] there was a clear white space,” she said in an interview with Retail TouchPoints.

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#CCS23: Composable Commerce, ChatGPT and Data, Data, Data

Retail TouchPoints

ChatGPT Unlocks Real-Time, Conversational Personalization on a Previously Impossible Scale The role AI plays in retail is growing, and it’s quickly reaching a tipping point — 80% of industry executives expect their companies to adopt AI-powered intelligent automation by 2027, according to Juniper Research. View the session on demand.

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Top Customer-Driven B2B eCommerce Trends

GetElastic

Aside from product recommendations and shopping carts, businesses are prioritizing personalization in key components and functions such as search, catalogs, pricing mechanisms, and merchandising. However, it is important that B2B organizations do not become trapped in a B2C personalization mindset.

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15 ecommerce statistics every entrepreneur must know

Omnisend

For example, did you know that 85% of consumers abandoned their shopping carts in 2022? Expectedly, as an increasing number of people around the world opt for online shopping, a quarter of all retail sales will come from ecommerce in the near future. trillion in online sales. What’s more? billion industry globally in 2020.