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Europe-5 Online Retail Sales Will Reach €553 Billion By 2027

Forrester eCommerce

In 2022, total retail sales for the Europe-5 countries continued to grow strongly, but this growth actually shifted from online channels and touchpoints to offline channels and touchpoints. You read that […]

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The Future of Retail is Multilingual

Retail TouchPoints

Recent estimates forecast that nearly a quarter of global retail sales will come from online channels by 2027, so the ability to serve a multilingual customer base will be essential for businesses seeking global success.

Retail 318
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How Retailers Can Use AI to Improve Customer Experience and Build Trust

Retail TouchPoints

trillion by 2027 – representing over 20% of overall retail sales. With the sector continuing to experience accelerated growth, major retailers are looking for ways to maintain and build trust while dramatically improving customer experience and orchestrating cohesive customer journeys. In the U.S.,

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Alibaba Supply Chain Exec Recommends Futureproofing with AI, Blockchain and Crowdsourcing

Retail TouchPoints

Ecommerce became not just a ‘good-to-have’ channel, but a must-have channel for small businesses. This will cause the channel to continue to narrow, further reducing ship traffic. Researchers recently reported that by 2027, between 60% to 70% of retailers will be adopting this type of crowd-sourced delivery approach.

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Retail Media: Everything You Need to Know

Retail TouchPoints

The kinds of media products a retailer can offer run the gamut from “on-site” advertising opportunities — such as ads and videos on its own website, app or even in its physical stores (an Amazon Sponsored Product ad is the most basic example of this) — to what is typically referred to as “off-site advertising.” ad spending by 2027.

Retail 297
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Use Coupang marketplace to enter the Korean ecommerce arena

Payoneer

It has an annual growth rate (CAGR 2023-2027) of 2.87% and anticipates a market volume of US$99.49 billion by 2027. million ecommerce users in South Korea by 2027. Multi-brand online retailers like Amazon.com and eBay are go-to destinations for Koreans seeking overseas products. million by 2027. Expected 44.16

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What retailers can learn from the 2021 holiday shopping season

Kibo

According to Statista, Amazon and eBay were the most visited eCommerce websites in 2021, but traditional retailers including Costco, Walmart, and Target ranked among the fastest-growing US companies based on online retail sales growth. from 2019 to 2027. Balance your inventory across channels. billion by 2025.