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.

Payments 290
article thumbnail

7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

And by 2030, those surveyed expect digital wallets to be the primary source of payments. Would you recommend Apple Pay??. Would you recommend Apple Pay? Would you recommend Apple Pay? Would you recommend Apple Pay? From a study conducted by The Washington Post. Here’s how their experience shook out.

Insiders

Sign Up for our Newsletter

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

article thumbnail

eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

between 2021 and 2030. The use of cryptocurrencies for online shopping has shown parallel expansion. Even for small online retailers, it’s important that you’re not too late to the game. This reason alone is enough incentive for online retailers to make the switch to accepting cryptocurrencies.

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. Retailers and CPG brands large and small have a pivotal opportunity to shrink their carbon footprint and share sustainability strategies with customers.

article thumbnail

15 ecommerce statistics every entrepreneur must know

Omnisend

Finally, it’s expected that ecommerce will make up 25% of total global retail sales by 2026, up from 19% last year. Though online retail sales have been increasing steadily in the USA for years to $768 billion in 2021, ecommerce statistics show that brick-and-mortar sales still make up the majority of retail sales in the country.

article thumbnail

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

ROI Revolution

There’s no denying that this industry saw significant losses in 2020, but the opportunity for apparel and retail brands to innovate and become a consumer favorite has never been higher. trillion by 2030. With 160 million customers visiting Walmart stores or Walmart.com each week , Walmart is the largest retailer in the US.

eCommerce 148
article thumbnail

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

ROI Revolution

There’s no denying that this industry saw significant losses in 2020, but the opportunity for apparel and retail brands to innovate and become a consumer favorite has never been higher. trillion by 2030. With 160 million customers visiting Walmart stores or Walmart.com each week , Walmart is the largest retailer in the US.