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AI Remains Transformative Within the Ecommerce Space in 2024

Retail TouchPoints

The experts agree, predicting that global AI in the retail market will surpass $24 billion by 2028 , growing at 24.4% About two-thirds of companies plan to invest more in AI in the next six months, and 60% of commerce leaders recognize the value of AI in boosting customer experience to provide a competitive advantage.

eCommerce 264
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Digital Beauty Brand IL MAKIAGE Bolsters Tech Stack with Computer Vision Acquisition

Retail TouchPoints

billion by 2028, according to Grand View Research. IL MAKIAGE promises ecommerce shoppers a “new way to shop beauty online” that brings consumers’ favorite influencers, the “hottest” looks, tutorials and recommended products into one easy-to-shop experience. billion in 2019. Video Credit: Voyage81.

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A Complete Guide to SaaS Tax Software: Options, FAQs, and More

FastSpring

Then, the tax software automatically calculates the appropriate tax rate (based on the tax code you assigned and additional information gathered at checkout such as the buyer’s location) and adds it to the customer-facing pricing. With the blueprints, you also include a PDF with recommended designs for landscaping around the deck.

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How Upsellit Maximizes Revenue for Home & Decor Brands

UpSellIt

In fact, in 2024, the revenue in the home and decor market amounts to over $40 billion and is projected to experience an annual growth r ate of over 6% through 2028 — giving retailers more opportunities than ever before to continue to maximize revenue. That’s where our AI-driven recommendation engine comes to the rescue.

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

Talkoot

billion by 2028. Brands that aren’t leveraging the technology in at least some of their activities will fall behind–because, let’s face it, manually trying to personalize product recommendations, reach shoppers at scale, and guess how much inventory you need is near-on impossible and rife with human error.

Retail 78
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How To Start a Clothing Line (Tips From 13 Fashion Pros)

eCommerce CEO

The market keeps changing because of customers’ tastes and environment. CAGR from 2018 – 2028. Custom Wholesale. There’s regular wholesale; then there’s custom wholesale. Custom Couture. Custom couture fits each garment to the individual customer. It has a CAGR of 15.3% in 2018 to 7.6%

Clothing 101
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The Power of Storytelling: How These 3 Footwear Brands Are Winning The Market

Talkoot

The Global Footwear Market: An Overview After being buffeted by the pandemic and accompanying supply chain disruptions, the footwear industry has bounced back and is now projected to grow at a CAGR of 5% and hit $314.2bn by 2028. Nearly 80% of customers will switch stores if they get their favored style/look elsewhere.