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How online retailers can profit from Singles’ Day and the global shopping festival

GetElastic

Now 11.11, four 1s as the date is written, is a $30 billion global shopping event, bigger than last year’s record-breaking $7.9 Consumers spent $1 billion on Alibaba platforms in the first 1 minute and 25 seconds of last year’s event and racked up $30.8 billion in spending by the event’s close, an increase of 27% in 2017. [1]

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5 ways POS systems for retail can help increase margins

iVend

Considerations include: Types of rewards, including points, but also non-financial incentives such as special events, exclusive information, donations, and a sense of community. Personalization and communication methods. Loyalty program access – apps, messaging, digital and physical cards. Welcome gifts – whether to offer a ‘sign up bonus’.

POS 52
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Build loyalty with every scan for increased sales and profit

iVend

Considerations include: Types of rewards, including points, but also non-financial incentives such as special events, exclusive information, donations, and a sense of community. Personalization and communication methods. Loyalty program access – apps, messaging, digital and physical cards. Welcome gifts – whether to offer a ‘sign up bonus’.

POS 52
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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

billion over last year’s two-day sales event. Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. of Gen X will keep using touchless payment post-pandemic. on mobile at the height of the pandemic last year. In 2018, just 27.3%

eCommerce 197
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eCommerce Fraud Trends Every Online Store Owner Should Know

lateshipment

Hacking Alternative Payment Options. With millennials and Gen Z consumers more and more interested in mobile purchasing, they are looking for the most frictionless way to pay. Fraudsters are finding these alternative payment systems are often easier to hack, making these types of transactions attractive targets: Mobile Wallets.

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

ROI Revolution

Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. Touchless transactions like proximity mobile payment, buy now pay later, & BOPIS all surged with COVID-19 and are continuing to see growth even as the pandemic subsides.

eCommerce 158
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How Coronavirus (COVID-19) Is Impacting Ecommerce [July 2021]

ROI Revolution

billion over last year’s two-day sales event. Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. of Gen X will keep using touchless payment post-pandemic. on mobile at the height of the pandemic last year. In 2018, just 27.3%

eCommerce 148