article thumbnail

Walmart Steps Up Ecommerce Investment With Cross-Border Commerce and NFT Projects

Retail TouchPoints

India is already one of Walmart’s top sourcing markets, and the retailer’s new goal is to sell $10 billion in goods from the country annually by 2027. Walmart told CNBC that it is “continuously exploring how emerging technologies may shape future shopping experiences,” but declined to comment on the specific trademark filings. “We

article thumbnail

5 Real-World Ways 5G Will Transform Retail

Retail TouchPoints

But just like those other technologies, 5G is less a specific solution and more of an enabler. These new features make 5G much more attractive for businesses and enterprises than previous mobile technologies. That retail distribution center (DC) is a big technology platform,” he explained. So what can retailers do with 5G?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Untethered – how mobile POS transforms the checkout

iVend

Mobile POS is not new technology, but with the growing focus on customer experience, its presence has become ever-more prevalent, and the market is still growing apace. trillion by 2027. It also allows more flexible omnichannel shopping options, such as curbside pickup. trillion in 2023 + , and to grow at 14% to $5.58

POS 95
article thumbnail

Conversational Commerce: What It Is and How to Use It (+4 Examples)

Omnisend

For example, Omnisend’s Ecommerce Statistics Report showed that automated and omnichannel communication had up to 102% increase in conversion rates in 2020 versus 2019. from 2020 to 2027. billion in 2027. billion in 2027. Secondly, conversational commerce ties in nicely with the critical omnichannel strategy.

Live Chat 113
article thumbnail

Beauty Ecommerce Marketing: The Must-Know Trends to Grow Your Beauty Brand

Omnisend

Other omnichannel marketing channels, like push notifications, saw conversion rates leap from 4.86% to 28.1%: The opportunities are there, even in a pandemic. Download now: Ecommerce omnichannel marketing for the beauty, health and wellness industry. billion in 2027. But that doesn’t mean it’s easy. billion in 2018 to $54.5

article thumbnail

What retailers can learn from the 2021 holiday shopping season

Kibo

The 2021 holiday shopping season was historic, in that it was the culmination of two years of accelerated trends, shifting consumer behaviors, and omnichannel shopping realities that have emerged since the start of the pandemic. Shoppers return to stores, while omnichannel retail remains strong. from 2019 to 2027.

article thumbnail

ecommerce in Nigeria – tips for success

Payoneer

With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027. billion in 2023, with a projected annual growth rate of 6.33% (CAGR 2023-2027). However, businesses must also prioritize technology and security when creating an eCommerce website in Nigeria.