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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. However, not all translation platforms are created equal.

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Why Is Online Retail More Popular than Ever in 2023?

365 Retail

In 2022, e-commerce was responsible for almost 19% of retail sales worldwide, and this figure is expected to grow to close to a quarter of total global retail sales by 2027 if current trends persist. What’s Behind The Online Retail Boom?

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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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Integrations are the Achilles Heel of Composable Commerce: Tips for Overcoming Challenges

Retail TouchPoints

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

Retail TouchPoints

Yikun Shao : There were a lot of reactive steps taken during the pandemic — from the rapid adoption of technology and ecommerce to diversifying supply chains — and I think companies are now realizing the benefits of those actions. One example was the surge in ecommerce during the pandemic, which drove supply chain activity.

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The Top Dropshipping Statistics to Know in 2023

Ecommerce Platforms

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. It’s no wonder ambitious individuals are looking to get involved.

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Retail Media: Everything You Need to Know

Retail TouchPoints

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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