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4 Back-of-the-Office Opportunities to Lift Recommerce’s Profitability

Retail TouchPoints

Recommerce, the online selling of previously owned items to buyers who reuse, recycle or resell them, is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030. Without an efficient process in place, a retailer may unintentionally offer undesirable items. Opportunity #2: Better demand forecasting.

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eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

between 2021 and 2030. Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. There are a multitude of bots and plugins that integrate with many different payment platforms. . What eCommerce Platforms Have Integrated Crypto Payment Plugins? Table of Contents.

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Top Customer-Driven B2B eCommerce Trends

GetElastic

Such programs help businesses to meet the increasing expectations of B2B buyers for strong customer service, while also offering benefits such as: Increased brand awareness. Improved brand reputation. 67% of B2B buyers will provide personal information to get personal service. Implementing digital self-service options.

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Crypto-Commerce: Banking on Blockchain for B2B Payments

GetElastic

The predictions for rapid adoption by 2020 never materialized; however, the underlying technology, Blockchain, still holds promise, especially in the B2B payments space. B2B payments have seen consistent growth for several years (40% in the US from 2014-2020). This trend is expected to continue with a CAGR of 21% from 2021-2030.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

In August 2021, 66% of organizations were in the process of delaying their office reopenings. Shopify’s total revenue grew 57% year-over-year in Q2 2021, with Shopify’s merchants generating an additional $1.1 trillion by 2030. Contactless payments grew 37% YoY in Q2 2021 to account for 45% of global in-person transactions.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [January 2022]

ROI Revolution

In light of changing habits brought on by the pandemic, buy now/pay later (BNPL) services are expected to grow 44% this holiday season over 2019, with apparel, electronics, and grocery coming in as the top categories. In August 2021, 66% of organizations were in the process of delaying their office reopenings. trillion by 2030.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [November 2021]

ROI Revolution

Shopify’s total revenue grew 57% year-over-year in Q2 2021, with Shopify’s merchants generating an additional $1.1 trillion by 2030. It’s not just that shoppers are spending more – it’s also that they’re making more digital payments and fewer cash payments. The global apparel market was still worth a whopping $1.5