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Four Ways Retailers can Boost Retail Media Network Profitability

Retail TouchPoints

Retail media networks (RMNs) are rapidly becoming one of the most lucrative digital ad formats, with predictions suggesting that by 2028, RMNs will contribute to 15.4% This allows them to merge smaller, disparate data sets in real time, providing a more detailed view of consumer behavior.

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Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

Retailers today are faced with mounting pressure to maximize their bottom lines while maintaining cost expectations for consumers. But amid volatile market changes, ever-evolving customer expectations and increased competition online, this is increasingly challenging to realize. billion in 2028. billion in 2021 to $31.18

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The Impact of Live Commerce on Shopping

Smile.io

billion by 2028.   The global live ecommerce market is estimated to reach $2 billion by 2028 While live commerce was undoubtedly growing anyway, it was the pandemic that led to accelerated growth.   71% of consumers expect personalization. Loyalty & Reward Program Insights from Smile.io

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Mind the gap: How AI is giving retailers a competitive edge

Talkoot

billion by 2028. It’s the ultimate way to create a customer-centric journey without the guesswork. By better understanding your customers, you can predict future purchasing behavior and tailor your interactions with them. This leads to increased customer loyalty, higher engagement levels, and, ultimately, more sales.

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Future Of Cloud-Based POS

Korona

Such changes have revolutionized the retail industry and consumer behavior and wouldn’t have been possible without the creation of cloud-based POS software. Cloud POS trends are booming, with nearly 28% of retailers planning to adopt this technology to shape the future of their sales operations and improve consumer satisfaction.

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2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

In a world of instant gratification, same-day delivery, and evolving consumer expectations, ecommerce retailers can’t afford to underestimate the power of rapid Fulfilment. trillion by 2028, and companies who want to “cash in” on the industry need to be prepared. However, they’re not entirely opposed to paying extra for fast shipping.

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Convenience Store Industry Trends

Korona

Nonetheless, an increase of consumer products and evolving shopper behavioral patterns has shown that customers are eager to buy the products they want from the stores they prefer. Don’t Underestimate The Importance Of CRM And Loyalty. Offering rewards to customers who are loyal to your store will keep them coming back.