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Consumers Just Keep Spending Online: Here’s How to Keep it Going this Holiday Season and into 2024

Retail TouchPoints

However, the overall data masks some key data points that may be of concern to retailers, including data showing declines in discretionary categories such as furniture (-1.0%) and sporting goods (-1.6%). And with less inflation, consumers will regain some spending power. But there are possible headwinds on the horizon.

Consumer 296
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Top Ways Retailers Continue Evolving their Tech Stacks

Retail TouchPoints

Now more than ever, retailers are looking for solutions to create more seamless in-person and digital customer experiences. But while blending of in-store and online provides consumers with significantly more flexible shopping, it also creates operational challenges. Providing Various Payments Technologies.

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30 Great Franchise Business Ideas

Kissmetrics

These “franchise” businesses exist in multiple locations, selling the same products under the same branding, which helps build loyal customers and instant brand recognition. Option #1: Start a “Home Services” Franchise Business. Another popular home service franchise business opportunity lies in the moving industry.

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Retail technology for building recession resilience

iVend

Consumers continue to spend on essentials such as food, personal care, and basic clothing, but reduce their outlay on items such as furniture, home electronics, sporting goods and accessories. Retaining existing customers – strengthening relationships, making them feel valued and enhancing the customer experience.

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June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

Amazon shoppers who buy from a small business before June 20 will also get a $10 Prime Day credit. Amazon’s revenue increased 35% last year despite a $4 billion loss in Q2 due to the pandemic. How to accelerate revenue growth with customer reviews, loyalty, and referral programs. Touchless payment continues to grow.

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19 Profitable Ecommerce Business Ideas - For High Earnings

MagentoBrain

By identifying a specific market or product category that is not well-served, you can create a unique selling proposition and attract a loyal customer base. You'll also need to create a strong brand identity and marketing strategy to differentiate yourself and attract customers. For example, t-shirts, mugs, or phone cases.

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2020 Holiday Ecommerce News & Updates [December 2020]

ROI Revolution

US retailers offering BOPIS & curbside pickup increased digital revenue by 29% compared to 20% for retailers without these options. Digital revenue from curbside pickup grew 95% YoY. Digital Thanksgiving revenue grew 27% year-over-year to amount to $30B of global online spend ( Salesforce ). November 24 update.