Retail TouchPoints

JANUARY 3, 2023

With shrinking margins, economic uncertainty, and growing cyber risks from automated threats, retailers face continued challenges in 2023. Becoming proficient at navigating these obstacles is key to protecting retail profits. Five Key Automated Threats Impacting Retailers’ Bottom Line. Bad Bots are Siphoning Profits.

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Retail TouchPoints

NOVEMBER 10, 2023

For several years now the term “retail media” has been buzzing around both retail and media circles. Whether you’re looking for a deeper understanding of the implications and applications of retail media or need a down-and-dirty explainer on what retail media actually is, you’ve landed in the right place.

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Retail TouchPoints

APRIL 18, 2023

To help brands more effectively and efficiently connect with their target audiences, we took a closer look at the trends most impacting retail in 2023 and arrived at three critical ways for brands to win this year: content, community and confidence. One way to do this is by leaning into consumers’ digital and real-life communities.

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Retail TouchPoints

OCTOBER 31, 2023

This is Part 2 of The Holiday Readiness Series, which will feature tactical tips and takeaways from experts that retailers can still apply to rev up their sales results. over 2021, according to the National Retail Federation. Looking for even more data and insights to power your approach? Last year, holiday sales grew a modest 5.3%

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Retail TouchPoints

FEBRUARY 15, 2024

In May 2023, the U.S. However, as a study from Oxford found, the effects of technology on loneliness depend on the type of interaction with that technology. It’s been said that every company is a tech company, but in the ecommerce space, every company is also a social media company.

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Retail TouchPoints

MAY 30, 2023

In 2022, a National Retail Federation/Prosper Insights and Analytics survey indicated that 56% of consumers had started their BTS shopping by early July, with 81% planning to shop sales the week of July 11. Perhaps more worrisome for retailers, 2022 saw a leveling-off of household spending on education-related purchases.

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Retail TouchPoints

JANUARY 26, 2024

“Too many friction points all along the customer journey is a big pain point for consumers, and certainly the checkout or transaction moment plays a part in that friction,” said Margot Juros, Research Director for Retail Technology Strategies at market intelligence and advisory firm IDC in an interview with Retail TouchPoints.

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Retail TouchPoints

APRIL 12, 2023

As consumers look to save money on takeaways and eating out, grocery retailers can be the quiet winners during an economic downturn. Food retailers must also have the right financial planning in place to withstand the economic turbulence in the long run and make sure they remain agile regardless of wider market trends.

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Retail TouchPoints

APRIL 19, 2023

Editor’s note: As retail interfaces and systems continue to evolve, the way we design retail experiences to user needs and behaviors is also transforming. When it comes to retail, art has always played a key role in helping shape brand aesthetics and is often used to deliver non-verbal communication. Read part one here.

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Retail TouchPoints

JANUARY 4, 2023

Like the Macy’s Christmas window displays of the 1950s, retailers can find ways to pique the customer’s interest and add a little inspiration to the online purchasing process. While videos make for a more engaging customer experience, only 40% of product detail pages currently use video, according to the 2022 Omnichannel Retail Index.

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Retail TouchPoints

AUGUST 11, 2023

The results of Capterra’s 2023 Tipping Fatigue survey show how tip screens have impacted the customer experience in and outside the restaurant industry, and how businesses should navigate tech-enabled tipping. This includes retail stores. Is your business within the restaurant industry? Give customers privacy when tipping.

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Retail TouchPoints

NOVEMBER 9, 2022

A lot of brands missed Web2 frankly, and those brands are the ones that are going gangbusters into Web3 ,” said Sasha Wallinger, Head of Metaverse and Web3 Strategy at innovation and design consultancy Journey in an interview with Retail TouchPoints. Myth #1: Every Brand Should Already be in the Metaverse.

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Retail TouchPoints

APRIL 4, 2024

Retail media experienced massive growth in 2023 and shows no sign of slowing in 2024. But even as retail media networks have proliferated , ad buyers still are limited in how many they can participate in. A lack of standardization across the retail media ecosystem. The culprit?

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Liveintent

DECEMBER 13, 2022

In 2023, prioritize building and taking control of your data, all of it, so you can close the loop on your efforts and survive disruption spurred on by tech giants and legislative changes. Further, legislative changes are redefining the digital advertising landscape. First-party data strategies and email newsletters.

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RETAIL MANAGEMENT SOFTWARE

AUGUST 18, 2023

As summer vacations wind down and the anticipation of a new school year grows, retailers are gearing up with back-to-school retail ideas for the annual shopping rush. This critical period not only marks the return to classrooms but also signifies a significant revenue opportunity for businesses in the retail sector.

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Retail TouchPoints

FEBRUARY 17, 2022

Last-mile delivery obstacles are also seriously hindering vaccine distribution across the region, likely meaning that immunization efforts won’t be concluded before 2023. . A study by UPS demonstrated just how much proper logistics data analysis could save in time, costs and safety risks.

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Retail TouchPoints

MAY 17, 2023

Editor’s note: As retail interfaces and systems continue to evolve, the way we design retail experiences to user needs and behaviors is also transforming. There’s plenty to explore when it comes to elevating the visual delights of retail spaces. Many retailers overlook the negative impact of noise on sales and the human brain.

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Retail TouchPoints

JULY 20, 2022

While consumer expectations have continuously shaped retailers’ strategies, tech choices and best practices, COVID-19 accelerated this rate of change. Where does that leave retailers today, especially as they develop their holiday plans and finalize their budgets for 2023? The result? Loyalty programs. Loyalty programs.

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365 Retail

DECEMBER 15, 2022

Business leaders, innovators and technology pioneers will be tackling some of the most thought-provoking issues, market trends and inspirational ideas from across the AV and integrated systems sector as details of the ISE Conference Programme for 2023 are revealed. CEDIA and AVIXA members also receive a 30% discount on paid-for conferences.

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Pivotree Blog

JULY 5, 2023

To view in French click here New platform enables a boost in sales and functionality, resulting in streamlined workflows and over 15% increase in transactions to date TORONTO, July 5, 2023 – Pivotree Inc.

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365 Retail

NOVEMBER 8, 2022

As we edge closer towards 2023, fintech experts from all-in-one financial toolkit, Intergiro , have made their top predictions for the biggest upcoming trends. . With the growth of digital banks, in 2023 we expect to see the use of virtual cards continue to surge. Virtual Cards. monthly searches globally on average. .

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Omnisend

JANUARY 8, 2024

For these reasons, a 2023 report from Antavo found that 68% of brands intend to increase their spending on customer retention. Leverage customer data for personalized offers Having a robust CRM in your tech stack can enable data-driven customer lifecycle marketing. They spend 11% more on their first order and 8% on subsequent orders.

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Dynamic Action

JULY 7, 2023

The retail world is a combination of art and science. Ten years ago, founded by an apparel designer and tech developer, EDITED came to be. Without quick benchmarks, she lacked visibility of what other retailers were doing. Without quick benchmarks, she lacked visibility of what other retailers were doing.

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Ecommerce Platforms

JUNE 5, 2023

If you're a retailer and don’t yet have an SMS marketing tool to plan and execute your SMS campaigns, now's the time to start looking. ChatGPT Support A marker of innovative platforms in 2023, yes, you guessed it, I’m talking about AI. However, if I’ve learned anything from the recent AI explosion, it's that this tech will improve!

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Korona

FEBRUARY 17, 2023

All types of retail businesses can benefit from technological advancements. One area of focus has emerged as many retailers move to a more omni-channel model. That’s where RFID retail comes in. its capabilities will actually touch nearly all aspects of running a retail business.

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Retail TouchPoints

MARCH 22, 2023

Editor’s note: As retail interfaces and systems continue to evolve, the way we design retail experiences to user needs and behaviors is also transforming. Studies show that 3D visualization increases customer attention and memory recall. What is a 3D Billboard?

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retailnext

FEBRUARY 11, 2020

The retail industry has had to change rapidly in response to transforming customer needs. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates.

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Retail TouchPoints

MARCH 25, 2024

trillion in 2023, according to research by Statista. The same study suggests this trend is only expected to continue: by 2027, the global retail ecommerce market is projected to grow by 39% and surpass the $8 trillion mark. Equally important is having access to a network of agencies that can provide expert support and advice.

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Retail TouchPoints

NOVEMBER 6, 2023

However, there is some good news for brick-and-mortar retail and malls: Coresight Research recently reported that foot traffic at top-tier malls was up 12% on average in 2022 compared to pre-pandemic 2019 levels, while traffic at lower-tier malls was up 10%. Census Bureau reports first-quarter 2023 ecommerce sales at $272.6

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eCommerce CEO

MAY 18, 2019

CAGR (2019-2023), with revenue amounting to $58, 521,000,000. billion by 2023 from the $246.07 The strategy that works for them is selling to retailers (with and MOQ) and selling directly to the general public. Create A Tech Pack. A tech pack is your product’s blueprint. Predictions place it at a 5.4%

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Retail TouchPoints

MAY 11, 2023

Once the dust had settled from a strong holiday sales season , it was back to reality in the retail sector. As Forrester’s Brendan Witcher wrote in his retail outlook for 2023 , retail organizations aren’t powerless in confronting these forces.

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Retail TouchPoints

APRIL 17, 2023

Five years ago, the retail experiences we see in stores today would have been unrecognizable. With accelerated customer expectations forcing retailers to think creatively, customer engagement strategies are on the rise. Store teams should learn to take advantage of tech and use it to better execute their goals in 2023.

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Korona

FEBRUARY 16, 2021

Studies reveal that by 2023, money spent on technologies and digital-transformation-enabled services worldwide will reach $2.3 Parts of the business that used to run on sheer human resources can now become automated or tech-based, taking the stress off humans. Type of Business: General Retail. Start for Free. Coffee Shop.

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Retail TouchPoints

MARCH 30, 2023

The virtues of composable commerce and the emerging possibilities of generative AI were key themes of this year’s Connected Consumer Series , Resilient Retail: How Efficient, Effective and Engaging CX is Fueling Growth. View the session on demand. View the session on demand.

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ROI Revolution

JANUARY 25, 2023

In this blog, get current industry trends, obstacles, opportunities, and predictions from digital marketing experts for your 2023 digital strategy. As we move into 2023 and beyond, it will become more and more crucial to look beyond last-touch metrics. Make sure you’re both searchable and retail-ready across every site.  

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Retail TouchPoints

JULY 6, 2023

Now is the time, and this time is actually different,” said Evan Moore, SVP of Commerce Partnerships at NBCUniversal in a session at the Retail Innovation Conference and Expo in June 2023. Viewers can purchase from multiple retailers in a single transaction and orders are then fulfilled by the brands themselves.

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Fabric

SEPTEMBER 22, 2023

They can impede agility and make it difficult to compose an e-commerce tech stack with services that can help build new experiences for shoppers. On the other hand, a microservices-based architecture separates each component of an e-commerce operation, letting retailers adapt and evolve as needed. Are microservices the answer?

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