article thumbnail

AI Remains Transformative Within the Ecommerce Space in 2024

Retail TouchPoints

The experts agree, predicting that global AI in the retail market will surpass $24 billion by 2028 , growing at 24.4% Yet many retailers haven’t begun leveraging AI to its fullest potential. Few things have disrupted the ecommerce industry of late quite as thoroughly as AI.

article thumbnail

Best Retail Marketing Tips for 2019

Retail Next

No lines, lots of choices, affordable deals, shop anytime and anywhere – these are just some of the many reasons why 51 percent of Americans prefer to shop online. Needless to say, the online retail industry has gotten bigger. That is why effective retail marketing is crucial. It makes marketing easy and effective.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retailer Lessons from iGaming Companies

Retail TouchPoints

There is no leisurely browsing as in retail. Additionally, while most retail shoppers might spend minutes to hours shopping, iGamers can be much more engaged, with that engagement continuing to grow. Contrast that to retail. In retail, like in iGaming, marketers have only seconds to influence the prospective customer.

article thumbnail

Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

Retailers need to consider their capacity to manage logistics and the value of faster delivery to their customer base. Drop Shipping Model Drop shipping is where a retailer markets a product, collects payment from the customer, and then orders the item from a supplier/wholesaler.