article thumbnail

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

Retail TouchPoints

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion. As a result, businesses are expediting their adoption of new tools and technologies and ultimately evolving their business strategy.

Supplies 257
article thumbnail

Navigating Delivery Disruption: 3 Questions Retailers Need to Answer

Retail TouchPoints

In fact, 42% of consumers now expect two-day shipping for every online purchase they make, and 77% are more likely to purchase an item if it can be delivered in two days or less, according to Ware2Go research. By 2027, the global last mile delivery market is expected to reach more than $200 billion , nearly double what it was in 2020.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Best Free Dropshipping Suppliers for 2022

Ecommerce Platforms

This means business leaders can avoid the extra costs often associated with setting up a business and pay only for the costs of creating and shipping their chosen products. billion by 2027, with more people getting involved all the time. This helps to keep costs low. Some items will be more expensive than others.

article thumbnail

The Ultimate Guide to Print on Demand Statistics for 2023

Ecommerce Platforms

General Print on Demand Statistics for 2023 Promising minimal risk, excellent sustainability, and low start-up costs, print on demand has grown to be an extremely popular choice for creators around the world. Additionally, the reduction of costs involved in maintaining stock and inventory are big factors. trillion by 2025.

Clothing 104
article thumbnail

3 Ecommerce Logistics Trends that are Changing Retail Right Now

Retail TouchPoints

The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. As ecommerce sales continue to grow, so does the focus on logistics, enabling retailers to meet the rising demand for shipping. trillion in 2024 to $1.57

article thumbnail

Use Coupang marketplace to enter the Korean ecommerce arena

Payoneer

You can rely on swift and reliable shipping services in Korea’s densely populated cities optimized for deliveries. 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. Consumer goods prices are about 22.3%

article thumbnail

Best Home Decor Dropshipping Suppliers in 2023

Ecommerce Platforms

billion by 2027 alone. With dropshipping , the costs involved in setting up your own home decor business are reduced significantly. There’s no need to worry about manufacturing or storing goods, and a third-party handle the process of shipping items to your audience for you. What are the best suppliers? Further reading ?