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Top 10 Retail Trends to Watch in 2024

RETAIL MANAGEMENT SOFTWARE

The initial crucial step involves examining current trends and formulating adaptive strategies. In 2024, we can see the following trends are poised to reshape the retail landscape, providing insights to keep your business ahead of the curve. Here are the top innovative retail trends to watch in 2024.

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What to Consider When Incorporating AI into Your Retail Business

Retail TouchPoints

When contemplating whether and how to incorporate AI into their business, retailers should consider the following: Privacy concerns. This is true both for the data used by the AI tool developer to pre-train the AI tools used by the retailer, and for data ingested, used or shared by the retailer through its own use of the tool.

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Ecommerce Trends: 147 Stats Revealing How Modern Customers Shop in 2017

BigCommerce

Below, you’ll find ecommerce trends, data and statistics reporting on exactly how Americans shop online, why customers convert, why they don’t and who your business should be targeting on the various online channels in order to optimize for ROI. Online orders increase 8.9% Ecommerce trends by generation.

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The Money Quarter – how online retailers can win

365 Retail

It is easy to follow the general trend when it comes to discounting and follow suit because every other business is doing it. You’ve no doubt already noticed the impact of Apple’s privacy update which has reduced the effectiveness of ads on Facebook. Make sure you keep expenses under control during Q4.

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3 Ways to Maximize Zero-Party Data Collection During Black Friday and Cyber Monday

Retail TouchPoints

However, as stringent consumer privacy laws like GDPR and CCPA make collecting customer data more difficult, brands are having to adapt their data collection strategies to adhere to new standards. In today’s hyper-competitive ecommerce landscape, data isn’t just a buzzword. It’s the most important weapon for success in your arsenal.

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CCPA: All About the California Consumer Privacy Act

FastSpring

Have you heard about the California Consumer Privacy Act (CCPA) ? This historic privacy bill was unanimously passed and signed into law in the summer of 2018. See what you need to do and how the CCPA may affect your online sales in the years ahead, no matter where your business is located. Are you an online retailer?

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6 Things to Know About Ecommerce Consumers in 2023

ESW

Likewise, technology trends are rapidly changing the customer experience, and many legacy brands are struggling to keep up. In this article, we will take a look at some of the top trends shaping the industry today. Global brands face an ever greater challenge as they navigate consumer trends across multiple markets.