article thumbnail

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

Retail TouchPoints

As a result, the luxury market’s base expanded to approximately 400 million consumers in 2022 and is expected to reach 500 million by 2030, Bain & Company revealed — and the expansion goes far beyond the aspirational promise. At Alibaba’s recent 11.11 They must be both at the center of culture and at the cutting-edge of culture.

Payments 280
article thumbnail

Making Fulfillment a Revenue Driver: 6 Ways Design and Tech Can Collaborate

Retail TouchPoints

But with the rise of omnichannel fulfillment, “phygital” experiences and more elevated storytelling, Nicholas believes design is going to matter a lot more: “Not at the expense of functionality or technology, of course, but through and with those elements.” Does your team have a vision for 2030 or 2035?” he asked. “Do

Insiders

Sign Up for our Newsletter

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

article thumbnail

Top Customer-Driven B2B eCommerce Trends

GetElastic

Joinn Bryan Beck and ecommerce experts from Amazon Business and Elastic Path as they discuss the key to delivering a smooth B2B omnichannel experience. Creating personalized product recommendations. By 2030, AI will lead to an estimated $15.7 Improved brand reputation. Deliver a smoother B2B experience. Watch the Webinar.

B2B 146
article thumbnail

How to Choose the Best Live Chat Software for Your Business (2023)

Ecommerce Platforms

billion in 2030. On top of that, live chat software usually makes it easy for customer support agents to send links to help articles or product recommendations. Product recommendations based on your visitor's data. The market for live chat software is predicted to increase to $1.7

Live Chat 104
article thumbnail

Don’t Shop Around on Sustainability: Carbon Labels Deliver the Goods

Retail TouchPoints

To get the original goal back on track, carbon dioxide emissions will need to be cut by 45% by 2030 and to net-zero by mid-century. Right now, the global temperature is on track to rise 2.7 degrees Celsius, according to Patricia Espinosa, Executive Secretary of UN Climate Change. Fortunately, consumers are proving ready for the change.

article thumbnail

Retail Trends in 2021 — Overcoming 2020’s Challenges

Retail TouchPoints

Sometimes referred to as the triple bottom line (for people, planet and profit ), evidence for its increasing importance can be found in the steady parade of proclamations from major global players like Microsoft, which announced it will be carbon negative by 2030, and by 2050 will have offset all the carbon it’s emitted since its founding in 1975.

article thumbnail

15 ecommerce statistics every entrepreneur must know

Omnisend

As different consumers react and respond to different types of offers, messages, and channels, ecommerce marketers will need to fine-tune their integrated omnichannel marketing approach. To get a jumpstart on your ecommerce business, you should implement an omnichannel strategy. until 2030. Digital payment ecommerce statistics.