article thumbnail

Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

billion in 2028. Competitive pricing is a key strategy to build customer loyalty and increase sales. By using AI to calculate prices based on market demand and other market conditions, you can ensure that you’re offering the best value to your customers. billion in 2021 to $31.18 Competitive pricing.

article thumbnail

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% However, there is a growing need for technological advancement in this market, particularly in terms of improved targeting and data strategy.

Retail 193
Insiders

Sign Up for our Newsletter

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

article thumbnail

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. Loyalty & Reward Program Insights from Smile.io billion in 2022 and is forecasted to reach $2,880.3

article thumbnail

Future Of Cloud-Based POS

Korona

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. Stay one step ahead of the competition by improving your scalability. Stay One Step Ahead Of The Competition By Improving Your Scalability And Reducing Costs .

POS 52
article thumbnail

2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

trillion by 2028, and companies who want to “cash in” on the industry need to be prepared. In 2020, around 35% of customers said they’d be more likely to make a purchase after reading a positive review from another customer. Currently, the global ecommerce market is expected to reach a value of around $58.74