Retail TouchPoints

SEPTEMBER 4, 2023

The appeal of in-person retail shopping may have diminished in recent years, as ongoing industry trends underscore the unrivaled convenience of online shopping. online retail sales will reach $1.6 trillion by 2027. Analysts project that U.S.

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Payment Services Payments eCommerce Customer Experience 246

Retail TouchPoints

JANUARY 9, 2024

Shao: I see crowdsourced delivery [where retailers employ a network of local, non-professional couriers to fulfill deliveries] as a trend to watch in the coming years, particularly as online retailers look for ways to fill order minimums and meet consumer demand for faster shipping.

Supplies 257

Supplies Shipping Costs Small Business Retail Recommendation 257

Retail TouchPoints

NOVEMBER 10, 2023

And those numbers will only grow, with Group M predicting that retail media advertising will increase 60% by 2027, exceeding the expected growth for all digital advertising. Emarketer estimates that retail media networks will bring in $106 billion in U.S. ad spending by 2027. What is TV best at?

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Retail Social Media Multi-channel Channel 285

Payoneer

MAY 22, 2023

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

Payment Services 26

Payment Services eCommerce Payments Food and Beverages 26

Algopix

FEBRUARY 26, 2024

Moreover, product research acts as a compass guiding you through the turbulent waters of online retail. In the fast-paced world of online retail, consumer preferences can shift rapidly. over the period from 2022 to 2027. This sector is anticipated to enjoy an impressive annual growth rate of 12.4%

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eCommerce Beauty and Health Information Consumer 128

Kibo

FEBRUARY 28, 2022

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. billion global consumers will shop with a digital wallet by 2023.

Merchant Services 62

Merchant Services Payment Services Order Fulfillment Retail 62

Payoneer

FEBRUARY 22, 2023

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). The Nigerian ecommerce market’s contribution to the global growth rate in 2023 is expected to be over 25%.

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

Ecommerce Platforms

JUNE 20, 2023

In general, the term “ecommerce” is most commonly used to refer to online retail stores. trillion by 2027 , as more customers move online to purchase goods and services. You’re probably already familiar with a few major ecommerce giants, such as Amazon, ASOS, Alibaba or Wayfair.

eCommerce 80

eCommerce Shipping Costs Payment Services Fulfillment 80

Retail TouchPoints

DECEMBER 9, 2022

Marketplaces have been a dominant force in online retail for some time now, with early mover Amazon still leading the pack. Now, an increasing number of other retailers are seeing the value in adding a marketplace to their commerce offerings. trillion dollars and account for 59% of all global ecommerce by 2027.

Shipping Costs 195

Shipping Costs Beauty and Health eCommerce B2B 195

Ecommerce Platforms

FEBRUARY 23, 2023

Dropshipping statistics can offer some useful insights into the world of online retail. By 2027, the industry could be worth a phenomenal $591.8 The country falls just behind the US in terms of growth, with a projected growth of around 30% CAGR by 2027. billion by 2027. billion in 2020.

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Small Business Retail Hobbies Fulfillment Electronics 104

Kibo

AUGUST 16, 2022

This is expected to grow to over 700 billion USD by 2027, according to a new report by Research and Markets. And the benefits to customers are mirrored in benefits to retailers. Both continue to expand rapidly despite the relative drop-off in demand for home delivery of goods since the 2020 high. So what does the future hold?

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Omnichannel Fulfillment POS Shipping Costs 62

Fabric

AUGUST 8, 2023

According to another survey, 85% of online shoppers said that a poor delivery experience would prevent them from ordering from an online retailer again. from 2023 to 2027 , with India leading the pack at 14% and the U.S. That’s where modern order management comes into play. not far behind at 11.2%.

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Payment Services Fulfillment Management eCommerce 130

Omnisend

DECEMBER 7, 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. Finally, it’s expected that ecommerce will make up 25% of total global retail sales by 2026, up from 19% last year. What’s more?

eCommerce 78

eCommerce Payments Merchant Services Social Media 78

RetailMinded

AUGUST 5, 2022

Even as the world recovers from the pandemic, e-commerce still has a stronghold , so it’s crucial for retailers to cater to the needs of consumers who prefer to shop online. Since customers are now more inclined to shop at online retailers than offline brick-and-mortar ones, a digital presence is a must.

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Improvements Small Business Retail Social Media Retail 59