I Vend

JANUARY 20, 2021

Here are our predictions on the tech trends that will shape retail in 2021. Cloud POS Market size exceeded USD 1.5 Cloud POS Market size exceeded USD 1.5 Growing adoption of cloud-based payment systems for inventory, employee, sales, and customer management in small businesses will boost the market growth.

Payment Services 98

Payment Services Social Commerce Checkout Fulfillment 98

Retail TouchPoints

APRIL 13, 2021

The 2021 Connected Consumer Series reflected the challenges retail (and society as a whole) have faced during the past year, but also the growing sense of optimism that is taking hold this year. 5 Social Advertising Trends for Retailers to Know in 2021: Featuring Under Armour. Retail CX Trends 2021: New CX for a New World.

Consumer 137

Consumer Payment Services Fulfillment Advertising 137

Retail TouchPoints

JANUARY 15, 2021

But when looking at these numbers, the excess data can feel overwhelming, so we’ve rounded up the most important retail metrics to leverage in 2021. Total costs (marketing, packaging, shipping, fulfillment, storage, etc.) / # of orders = cost per order. Evaluating 2020 Metrics and Planning for 2021. are factored in.

Payment Services 149

Payment Services Promotions Shipping Planning 149

Inside Retail

MAY 29, 2022

Government efforts to promote digital transformation, including investment in wireless networks, have provided an added boost to e-commerce growth. Market research by Ipsos and Sixth Factor has found they are also more willing to pay up to a 20 per cent premium for direct purchases from brand websites, making DTC a feasible model.

Social Commerce 130

Social Commerce Consumer Shopping Grocer 130

Retail TouchPoints

JUNE 3, 2021

Two years ago, online retail’s market share was sitting at 13.6% , according to eMarketer. E-commerce University 2021. During his session, Dornfeld noted that the convergence of marketplaces and advertising, along with the maturity of social commerce capabilities, have created new opportunities for omnichannel excellence.

Merchant Services 361

Merchant Services Social Commerce Marketing Consumer 361

Retail TouchPoints

OCTOBER 7, 2022

In 2016, it became the first national British newspaper to move fully online , and now it is among the first publishing outlets to employ a new technology that turns its articles into commerce vehicles. Social Commerce Meets Affiliate Marketing. Then the merchant takes over for fulfillment, logistics and so on.”.

Merchant Services 244

Merchant Services Checkout ATS Fulfillment 244

Retail TouchPoints

JANUARY 4, 2022

2021 was a critical year for the direct-to-consumer (DTC) space. At the same time, they’ve had to navigate consumers’ increased desire to buy from brands that align with their social and environmental beliefs. Back in January 2021, it meant speculative trading card investments. Let’s think ahead though.

Consumer 316

Consumer Customer Experience Marketing Fulfillment 316

Retail TouchPoints

MAY 9, 2023

Priority 1: Small-Batch, On-Demand Product Development Between July and December of 2021, SHEIN added between 2,000 and 10,000 individual styles to its app each day , according to an investigation by Rest of World. Production for specific SKUs is accelerated, reduced or paused based on market demand.

Fulfillment 239

Fulfillment Fashion Apparel Fast Fashion 239

Retail TouchPoints

AUGUST 19, 2021

This will help them prepare their omnichannel fulfillment operations and ensure items get to customers in the most efficient, and profitable, way possible. Orschell shared that with its March 2021 research, EY found that 80% of consumers are still changing the way they shop. ADDITIONAL LISTENING :

ATS 298

ATS Markdowns Consumer Social Commerce 298

Retail TouchPoints

DECEMBER 28, 2021

ecommerce is expected to continue in 2021, according to eMarketer , which also projects that digital sales in the U.S. Stores will become inspiration hubs and fulfillment centers as much as they are purchase points , and ecommerce touch points such as apps and websites will be crucial facilitators for all stages of shopping.

Fulfillment 260

Fulfillment Checkout Returns Consumer 260

365 Retail

MARCH 1, 2022

Orla Power, Marketing Director at Luzern eCommerce. At the end of 2021, projected sales were estimated to reach nearly USD 5.0 Brands will embrace social commerce by using social to test and learn. There has been increasingly higher usage of social media platforms among consumers looking to make purchases.

Social Commerce 111

Social Commerce Drop-Shipping Fulfillment Shopping 111

Inside Retail

MAY 7, 2023

E-commerce sales in Asia are expected to nearly double between 2021 and 2025,” Simone Morandi, growth markets commerce lead at Accenture Song, the company’s digital agency, told Inside Retail. By 2030, seniors in Asia are expected to spend over $5 trillion each year. per cent in 2023.

Social Commerce 130

Social Commerce Consumer Fulfillment Advertising 130

Retail TouchPoints

DECEMBER 21, 2023

Media and Advertising Became More Contextual (and Measurable) Marketing teams are feeling more pressure to perform. Which is why this year (and likely next year as well), the focus for resale operators , and the retailers that employ their services, was on tightening up operations as much as expanding them. Nicole Silberstein 2.

Sporting Goods 282

Sporting Goods Advertising Consumer Apparel 282

Retail TouchPoints

MAY 13, 2021

The number of active users on Alibaba Group ’s ecommerce platforms topped 1 billion for the first time in fiscal year 2021, but this milestone was tainted by the company’s first quarterly operating loss since it went public in 2014 — a result of the historic antitrust penalty levied against the company earlier this year. billion yuan ($1.2

Home Furnishings 173

Home Furnishings Merchant Services Supermarket Social Commerce 173

Retail TouchPoints

NOVEMBER 16, 2020

Some of this luxury market growth could be attributed to coronavirus travel restrictions, which have prevented wealthy Chinese consumers from buying items in person at high-end shops in New York City, Paris, Rome, etc. That dimension of brand positioning is worth considering in the Chinese market.”.

Fulfillment 190

Fulfillment Consumer Marketing Shopping 190

Retail Assist

JANUARY 12, 2023

Whilst the market might look pretty damp heading into this year, there are plenty of opportunities to reach new audiences within your target market and optimise sales activity, fuelling crucial growth. The resale market will boom in 2023 as brands start to take back control of their second-hand markets. Social Commerce.

Retail Trends 52

Retail Trends Social Commerce Returns Department Stores 52

Retail TouchPoints

NOVEMBER 11, 2021

The agenda for the virtual 2021 Retail Innovation Conference , taking place Nov. On the same day, Devora Rogers of market research consultancy Alter Agents shares results from the firm’s new study, including the depths of shopper “promiscuity” as customer loyalty fades and consumers constantly examine new options.

Merchant Services 288

Merchant Services Payment Services Consumer Beauty and Health 288

Retail TouchPoints

AUGUST 5, 2021

“The migration of some consumer activity to online browsing and buying indicates that if retail destinations are to maximize their revenue potential post-COVID, then they need to be able to embrace these behaviors,” said Diane Wehrle, Marketing & Insights Director at Springboard. “ Photo credit: Galleria Dallas.

Merchant Services 264

Merchant Services Fulfillment Promotions Consumer 264

Retail TouchPoints

MARCH 2, 2022

The new structure is designed to strengthen differentiation between QVC and HSN by giving each brand’s team direct control over its own merchandising, planning and programming, brand marketing, broadcast and ecommerce operations. In fiscal 2021, QVC U.S. billion in revenue, and HSN made up the other one-quarter.

Fulfillment 157

Fulfillment Marketing Shopping Customer Experience 157

Retail Geek

APRIL 30, 2021

Episode 262 of the Jason & Scot show was recorded on Thursday April 30, 2021. Jason: [12:09] Yeah if I will try to pick one up on that on the second-hand Market if I can but. Scot: [21:11] That’s cool and then did you see that they’re going to do some more investing in the Fulfillment. Transcript.

Fulfillment 98

Fulfillment Payment Services Merchant Services Shipping 98

365 Retail

DECEMBER 21, 2021

The need to provide an efficient omni-experience was evident in 2021.?Those Retailers are grappling to evaluate with the right network across a blend of large warehouses, smaller localised fulfilment centres and deliveries from stores. Consumers are increasingly online and on social media, which is leading to a boom in social commerce.

Social Commerce 105

Social Commerce Payment Services Consumer Shopping 105

Retail TouchPoints

AUGUST 11, 2022

That’s why Founder and CEO Ariel Kay has spent the last year building out her executive leadership team, with one of her key appointments being Drew Sheriff , who took the helm as Chief Commercial Officer in November 2021. Leverage these insights to guide your approach to marketing, customer service and engagement across all channels.

Location 246

Location Marketing Fulfillment Social Commerce 246

Inside Retail

FEBRUARY 27, 2023

However, over the 12-month period from November 2021 to November 2022, online purchases were down 3.8 per cent due to lockdown-driven spending in 2021. All this shows e-commerce has become critical to any retailer’s sales strategy and there are significant benefits for brands.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Retail TouchPoints

OCTOBER 6, 2022

this holiday season compared to 2021, and McNamara cited consumer demand for more deals and promotions as a likely reason. Retailers that invest in the fulfillment experience can set a foundation for growth: Since launching Radar for order ahead and pickup and location-aware experiences, American Eagle saw a 35% lift in digital revenue.

Merchant Services 238

Merchant Services Payment Services Promotions Location 238

Retail TouchPoints

NOVEMBER 12, 2021

This exponential growth, highlighted by President Harley Finkelstein at the company’s Q3 2021 earnings call in late October, came as a surprise to just about no one given ecommerce’s recent unprecedented growth. RTP: Where do you see social commerce fitting into the mix for local retailers in the coming years?

Merchant Services 224

Merchant Services Shipping Fulfillment Social Commerce 224

Retail TouchPoints

NOVEMBER 1, 2022

Increasingly, marketing teams are turning to influencers to help reaffirm and amplify that authenticity in order to build credibility among an increasingly skeptical audience. That is why 39% of marketing agencies and brands now spend 10% to 20% of their overall marketing budgets on influencer marketing, according to Statista.

Marketing 147

Marketing Consumer Fulfillment Social Commerce 147

Inside Retail

JUNE 17, 2021

WeChat has emerged as a social and commercial ecosystem within which consumers can manage their social and retail life: they can post, make calls, send messages, play games, pay bills, buy products and book taxis. As a result, social commerce is no longer considered a separate shopping channel.

Payment Services 113

Payment Services Fulfillment Specialty Retailers Social Commerce 113

Retail TouchPoints

JULY 9, 2020

Leading into the pandemic, the luxury category had a positive outlook, according to Bain , with the overall market growing by 4% annually, and reaching an estimated $1.5 China’s influence on the luxury market is significant, accounting for 35 % of luxury purchases worldwide, according to Willersdorf. trillion in current exchange rates.

Clienteling 251

Clienteling Consumer Accounting Boutique 251

Retail Minded

JANUARY 21, 2022

Enhancing these fulfillment challenges includes leveraging robotics, and there was no shortage of these to explore at NRF. Also known as social commerce, this is a $89.4 billion market right now. In fact, eMarketer predicts social commerce will rise by 34.8% billion in 2021 alone.

Payment Services 52

Payment Services Social Commerce Merchant Services Fulfillment 52

Retail TouchPoints

JANUARY 27, 2021

Below, Shokrian shared his take on issues including: How COVID-19 impacted brand positioning and growth ; Why MeUndies is integrating social responsibility into its broader community-building efforts; Which omnichannel investments are top priorities in 2021; and His leadership lessons from 2020.

Consumer 240

Consumer Apparel Fulfillment Planning 240

Retail TouchPoints

JULY 2, 2021

Executives from a who’s who of retailers, social networks and even advocacy groups shared their visions of retail’s future at NRF Converge 2021 , held June 21-25. One of our biggest barriers outside of figuring out the language was just understanding the consumer journey, how to create marketing assets that support that journey.

Merchant Services 183

Merchant Services Customer Experience Marketing Consumer 183

Retail Geek

JANUARY 7, 2022

A weekly podcast with the latest e-commerce news and events. Episode 284 is our annual predictions episode for 2021 and a recap of our 2021 predictions. 2021 Predictions Recap. Bonus – More store closures in 2021 than 2020. commerce penetration says at 16% or better in 2021. Yes spac/ipo?

Merchant Services 98

Merchant Services Payment Services Drop-Shipping Apparel 98

Retail Geek

JULY 9, 2021

Jeff Bezos steps down Amazon offers it’s multi-channel fulfillment (MCF) to Big Commerce customers. Shopify Unite 2021 Instagram leans into commerce Nike earnings Warby Parker IPO. Episode 269 of the Jason & Scot show was recorded on Thursday July 8, 2021. Other News. Transcript.

Shipping 98

Shipping Merchant Services Fulfillment Wholesale 98

Retail Geek

JANUARY 20, 2023

Shopify launches an ad product such as a retail media network Meta/Google/TikTok lose ad share to new social media platforms and retail media networks. 6:08] Startup automation things that could bring automated picking to store fulfillment or small fulfillment centers or. Pick to light systems and gloves like a lot of.

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52

Retail Geek

JUNE 25, 2021

A weekly podcast with the latest e-commerce news and events. In episode 268 is a recap of Amazon Prime Day 2021 featuring David Spitz, CEO of ChannelAdvisor. He joins us this week to share ChannelAdvisor data from Amazon Prime Day 2021. This year Prime Day is earlier than usual on June 22-23, 2021. Transcript.

Apparel 66

Apparel Advertising Marketing Fulfillment 66

Retail Geek

APRIL 9, 2021

Amazon is building Micro Fulfillment Centers to deliver fast-moving grocery & convenience SKUs in under 45mins. Ted: will headless commerce take off in 2021? BinhWinn: What do you think is keeping Amazon from entering the promising African market? Will shopper marketing and trade dollars increase? ? ? ? ? News.

Merchant Services 98

Merchant Services Social Commerce Consumer Payment Services 98

Retail Geek

AUGUST 20, 2022

First move to making fulfillment by Amazon available to non Amazon sellers or at least sellers off of the Amazon platform and so it’s kind of interesting. Checked out on Tick Tock in huge quantities yet but it’s super interesting the Amazons kind of approach to social commerce, is get content creators and influencers and sellers.

Consumer 83

Consumer Wholesale Drop-Shipping Social Commerce 83