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

Retail TouchPoints

Researchers recently reported that by 2027, between 60% to 70% of retailers will be adopting this type of crowd-sourced delivery approach. Crowdsourcing delivery can help retailers to increase their efficiency, manage expenses and improve their customer satisfaction levels.

Supplies 226
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Build Resilience with Global Sourcing

Retail TouchPoints

billion by 2027, exhibiting a CAGR of 17.93% from 2021 to 2027. . Companies may consider leveraging the global sourcing platform to have more precise and customized recommendations for buyers based on preferences and attributes, plus high-demand product ranking for faster and smarter decision-making through big data algorithms.

Supplies 249
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Gartner 2023 Predicts: Brands Must Focus On Composability, AI, and Building Consumer Trust

GetElastic

Each year Gartner makes market predictions and recommendations based on research and trends. By 2027, 20% of customers who ordered from enterprise marketplaces in 2022 will retreat from them due to ethical concerns and lack of trust.” The eCommerce industry is constantly evolving to meet market demands and economic conditions.

Consumer 148
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Why Brands Should Consumerise B2B Experiences

ESW

A forecast from Forrester predicts that the volume of transactions in B2B sales will exceed $3 trillion by 2024 and that ecommerce sales will account for almost 25% of total US B2B sales by 2027. What Consumerised B2B Experiences Look Like Today’s B2B buyers and decision makers are getting younger and tend to be digital natives.

B2B 78
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Beauty Ecommerce Marketing: The Must-Know Trends to Grow Your Beauty Brand

Omnisend

billion in 2027. If personalization is akin to using the name of the person when talking to them, hyper-personalization is using their name and talking to them at the right time, armed with the right product or recommendation. billion in 2018 to $54.5 Online beauty sales are set to catch a sizable portion of that revenue. Image source.

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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. Creating personalized product recommendations. Key figures show that: The forecasted AI annual growth rate between 2020 and 2027 is 33.2%.

B2B 146
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4 Reasons to Offer Multiple Ecommerce Payment Options

ESW

Happy customers may also recommend an ecommerce store to others, resulting in additional customer acquisition and increased revenue. Statista findings show global digital payment gateway transactions will reach $14 trillion by 2027. This type of loyalty leads to a higher purchase frequency, which is a key driver of growth.