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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% How can retailers capitalize on this shift and the emerging market opportunities? Loyalty program segments are typically defined by recent spending and/or points earned.

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Top 4 Strategies for AI-Powered Profitability

Retail TouchPoints

But amid volatile market changes, ever-evolving customer expectations and increased competition online, this is increasingly challenging to realize. Research finds the global market size for AI in retail is expected to grow drastically, from $4.84 billion in 2028. 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. Unsurprisingly, China is a big player, with an ecommerce market worth $885.94 The US is in second place, with household names such as eBay, Walmart, and Amazon dominating the marketLoyalty & Reward Program Insights from Smile.io billion in 2022 and is forecasted to reach $2,880.3

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Future Of Cloud-Based POS

Korona

Among other reasons, the rising trends of online shopping, contactless payments, QR code use, click-and-collect, increased software integrations, and a stronger reliance on data are expected to strengthen the cloud POS market through the foreseeable future. The global cloud POS market is expected to reach $9 billion by 2026.

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Convenience Store Industry Trends

Korona

Don’t Underestimate The Importance Of CRM And Loyalty. The c-store industry is expected to grow at about a 5% compounded annual growth rate from 2022 through 2028. Before opening a convenience shop , you will obviously need to write a business plan that addresses your intended customer base. KORONA POS Does It All.

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

Talkoot

Why AI is critical to retail success The global AI market in retail is expected to reach $31.18 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.

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2023 Ecommerce Fulfillment Statistics: What the Data Tells Us

Ecommerce Platforms

Currently, the global ecommerce market is expected to reach a value of around $58.74 trillion by 2028, and companies who want to “cash in” on the industry need to be prepared.