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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

But the luxury market sits in a unique position of growth: spending on luxury goods grew approximately 20% in 2022, according to Bain & Company , and it is likely to expand further through 2023. The luxury market has a few key advantages that will likely safeguard it from financial turmoil. Will Luxury’s Biggest Market Rebound?

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IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 from 2023 to 2030. Exceptional customer experience.

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eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

In fact, the crypto market is projected to grow at a compound annual growth rate (CAGR) of 12.8% between 2021 and 2030. Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. Also, processors like Paypal now have crypto gateways accepting many different coins.

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Resellers vs. Retailers: How to Handle the Bot Problem

Retail TouchPoints

To put this into perspective, Cowen Equity Research has predicted that the sneaker resale market will be worth $30 billion globally by 2030. After the reseller has sold the cart, the buyer is given login information and a window of 10 to 15 minutes to log in to the retailer’s website and finish the checkout process.

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4 Ways Retailers Can Add Crypto Successfully

Retail TouchPoints

It’s a fast-growing market, with estimates stating it will reach $3.55 billion by 2030, a number that’s likely conservative as well-known retailers expand their footprint into this space. Companies should also add the presence of the cryptocurrency ATMs to their store websites and marketing materials.

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The Ultimate Maven Review (2023): Easy Course Creation

Ecommerce Platforms

In fact, by 2030, the online learning market is expected to reach a value of $645 billion. The platform was built to combine two rapidly growing sectors: the creator economy, and educational technology. The course creator will allow you to accept payments for your courses, based on your designated monetization strategy.

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The Best Ecommerce Courses for Business Owners

Ecommerce Platforms

Already the size of the ecommerce market is expected to reach a value of beyond $7.5 trillion by 2030, and new entrepreneurs are making their way into the space at a rapid pace. Plus, there are extra points to think about too, like how you’re going to market your store and optimize sales. Go to the top.

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