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Tokyo Olympics: Will Changes and Challenges Put Retail Off its Game?

Retail TouchPoints

At the 2016 Summer Games, the IOC and local organizing committee generated $31 million in revenue on retail sales of over $300 million , according to an IOC report, and the 2012 Games in London generated $119 million in revenue on almost $1 billion in retail sales. Bryan Wassel, News Editor. shoppers still need a bit of a nudge.

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How Small and Local Marketers can Take Advantage of the Metaverse

Retail TouchPoints

This generation of “Super Creatives” are more likely to engage in social commerce than older generations. Dedicating time to learn about, plan and spearhead new initiatives may be quite difficult. They can help you plan and execute experimental initiatives, like a metaverse offering or advertisement.

Marketing 324
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RICE22: 5 Things Everyone in Retail Should Know About the Metaverse

Retail TouchPoints

Some of us may have chuckled at Google’s first attempts at “smart glasses” back in 2012, but it appears the company was just ahead of its time. Fast-forward 10 years and tech companies are investing heavily in headsets that will enable entry into the metaverse.

Consumer 313
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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. social commerce sales rose 35.8% Experts predict social commerce sales will reach $79.64 January 2021.

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Inside the Metaverse Mania: Experts Identify 4 Key Challenges and Opportunities

Retail TouchPoints

Brands must begin to wrap their heads around these immersive virtual spaces and plan their corporate metaverse strategy or run the risk of falling behind.”. In 2012, 94% of teens had Facebook accounts, but in 2021 just 27% of teens said the same. What’s really fascinating though is that as of as of November 2021, 51% of U.S.

Consumer 270
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Spring Fair looks ahead to 2025 following a buzzing show

A1 Retail

Communication and planning with the event organisers, Hyve has been seamless. Ginny Major, eCommerce Home & Living Category Manager, TikTok Shop Global said “Collaborating with Spring Fair has been essential in educating the industry about the value of TikTok Shop and the future of social commerce.

Fashion 59