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The Rise of Social Commerce: How Retailers Can Leverage Social Media

Star Miconics

At a time when digital storefronts and spaces are just as crucial as physical ones, the retail landscape is undergoing yet another epic transformation. Part of this shift is the emergence of social commerce, a trend that’s setting the stage for this next retail revolution.

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Top 10 Retail Trends to Watch in 2023

RETAIL MANAGEMENT SOFTWARE

As retailers adapt to a new normal, a seamless omnichannel experience and hybrid shopping are shaping the future of retail. Here are the top 10 retail trends impacting the industry in 2023. Social media monitoring and developing social commerce opportunities can create great loyalty with a fan base.

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Always-On Shopping Fuels Brand Advertising as a 24/7 Sales Force

Rangeme

Worldwide, the average consumer between the ages of 16 and 64 spends 145 minutes per day on social media. 1 Daily time spent on social networking by internet users worldwide from 2012 to 2020. Digital advertising is surging, as consumers’ media consumption and product consumption habits migrate to online. Retail Dive.

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The ‘Social Proof’ is in the Pudding: Gartner Analyst Explains the Lure of Livestream Shopping

Retail TouchPoints

Social commerce and livestream shopping in particular continues to pick up steam in the U.S., with brands across various retail segments testing out this latest addition to their marketing playbooks. RTP: What components of a social commerce strategy do you believe are key to successful livestream shopping?

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Retail Statistics You Should Know

Small Biz Trends

My friend, the future of retail is bright and you can rest assured that the retail apocalypse is not going to happen anytime soon. We have compiled all the critical shopping statistics here to help you keep up with the latest retail trends. The coronavirus pandemic fueled the growth of e commerce.

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2023: The Year of Customer Retention? Retail Tech Predictions

Retail Assist

And yet it turned out to be another challenging year, particularly for retail. Quick commerce, social commerce, marketplaces, greenwashing of brands, a resurgence in physical retail and a rebalancing of ecommerce were key themes during the year. Got you thinking about retail trends for 2023?