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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. Members can book watches in advance and choose payment methods such as interest-free installments.

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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. from 2023 to 2030. Example: Walmart Walmart is applying IoT technologies for effective store equipment management.

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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. Also, processors like Paypal now have crypto gateways accepting many different coins. There are a multitude of bots and plugins that integrate with many different payment platforms. .

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4 Ways Retailers Can Add Crypto Successfully

Retail TouchPoints

billion by 2030, a number that’s likely conservative as well-known retailers expand their footprint into this space. Other retailers notice when leading industry players like Walmart or Circle K make a move, so many brands are now likely considering adding crypto payment options and Bitcoin ATMs to their stores.

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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. In severe cases, bot activity can have an effect akin to that of a distributed denial-of-service (DDoS) attack, slowing down or even taking down websites, resulting in an immediate loss of revenue.

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Is Buy Now Pay Later the solution to stalling aftermarket growth?

365 Retail

With a recent McKinsey report forecasting stagnating revenue growth across European Auto aftermarkets of around 1.5% annual growth until 2030, retailers and distributors must adapt their businesses to better support their consumers’ needs. appeared first on 365 RETAIL | Retail Technology News.

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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.