Inside Retail

NOVEMBER 8, 2023

In an age when consumers are becoming more and more immersed in the world of social media and video content, the humble book shouldn’t really stand a chance. So, it’s surprising to learn that the market for books, and bricks-and-mortar bookstores, is actually growing. billion in 2023 to US$21.17 billion by 2027.

Social Commerce 130

Social Commerce Returns Marketing Location 130

Inside Retail

JANUARY 11, 2024

This is where acute marketing tactics come into play. How the Stanley tumbler went from dead to widespread When Stanley was originally launched in 1913, the company’s beverage and food containers were primarily marketed toward “rough and tumble” male consumers for arduous expeditions like hikes or long travel journeys.

Department Stores 130

Department Stores Wholesale Marketing Consumer 130

Retail TouchPoints

DECEMBER 22, 2021

billion — a 1% increase from pre-pandemic times in 2019. But like much of the world, the luxury sector looks very different today than it did in 2019. Younger generations are very luxury-driven in Asian markets as well,” said Bousquet-Chavanne. COVID Pushes Luxury to Digitize. We also see streaming having an impact now.

Social Commerce 228

Social Commerce Consumer Shopping Marketing 228

Retail TouchPoints

NOVEMBER 3, 2023

One of the most notable ways was a change in the brand’s advertising philosophy: “The days of producing that one, perfect ad are essentially over, especially as it relates to performance marketing,” said Preis. Rather than creating one ad for many, now we create many ads for all.” Some people were experts, but we were all proficient.

Advertising 249

Advertising Apparel Marketing Promotions 249

Retail TouchPoints

NOVEMBER 16, 2022

Meta also will highlight businesses from its Meta Business Leaders Network in the new 2022 Smalliday Showcase gift guide, and provide small businesses with advice on advertising effectively with its SMB Holiday Marketing Guide. Square plans to announce additional details about the card in 2023. Multiple Meta Resources.

Merchant Services 237

Merchant Services Finance Advertising Marketing 237

Retail TouchPoints

JULY 23, 2021

Shoppers began reprioritizing what was essential and what was not compared to 2019. According to Digital Commerce 360 , “consumers spent $861.12 billion in 2019.”. In 2020, TechJury saw that the mobile market share worldwide was 52.1%, and 40% of people using the internet were searching from a smartphone.

Fashion 260

Fashion Advertising Shopping Consumer 260

Retail TouchPoints

JANUARY 24, 2023

Social shopping is becoming more and more popular given the surge in social media usage and the ease of completing a transaction without ever leaving the app. It’s no surprise that social commerce sales are expected to reach $45.74 working with the leading agencies, publishers and marketers across digital media.

Advertising 220

Advertising Social Commerce Consumer Fulfillment 220

Retail TouchPoints

FEBRUARY 15, 2022

From 2019 to 2020, the size of the virtual idol market in China jumped 70.3% Using cloud-based AI technology, Dong Dong has been equipped with “human-like features, a sparkling personality and the capability to interact with audiences naturally.”. billion yuan (nearly $1 billion ) in 2021.

Marketing 236

Marketing Social Commerce 236

Retail TouchPoints

AUGUST 19, 2021

Maloney added that he believes retail sales will continue to outpace last year and even comparable sales in 2019. Kotlyar agreed that the increasing complexity of the customer journey requires brands and retailers to be more thoughtful and multi-faceted with their marketing strategies. ADDITIONAL LISTENING :

ATS 298

ATS Markdowns Consumer Social Commerce 298

Inside Retail

OCTOBER 21, 2021

. “(The) combination would be a significant positive for PayPal’s ongoing monetization initiatives on both sides of its merchant and consumer platforms, especially if Pinterest’s social commerce platform gets integrated with Honey’s AI into PayPal’s destination app,” Wedbush analysts wrote in a note.

Merchant Services 130

Merchant Services Payment Services Social Commerce Returns 130

Retail TouchPoints

APRIL 30, 2021

“By enriching the crowdsourced gas pricing information and related conversations that consumers are having, we can help retailers drive greater sales and loyalty precisely when and where consumers are ready to buy,” said Brandon Logsdon, President and GM for Marketing Cloud Solutions at PDI in a statement. Berenson & Co.

Promotions 277

Promotions Planning Consumer Management 277

Retail TouchPoints

MAY 14, 2021

However, marketing is never stagnant, and retailers will need to refine their programs as the nature of online advertising continues to change. Unsurprisingly, the prevalence of online shopping made Google Paid Search ads a winner in 2020: average ROAS rose 31% while CPC fell 14% compared to 2019. and ROAS rising 29% year-over-year.

Advertising 208

Advertising Returns Social Commerce Marketing 208

Retail TouchPoints

MARCH 9, 2023

Jacob Hawkins knows a lot about Gen Z, not just because he’s spent almost a year as the Chief Marketing, Digital and Omni Officer of Forever 21 , but also because he has a 17-year-old daughter. Here’s one thing he’s learned about that generation, both at work and at home — they want what they want when they want it. “My said Hawkins.

Checkout 268

Checkout Marketing Fashion Shipping 268

Retail TouchPoints

FEBRUARY 7, 2023

But the luxury market sits in a unique position of growth: spending on luxury goods grew approximately 20% in 2022, according to Bain & Company , and it is likely to expand further through 2023. The luxury market has a few key advantages that will likely safeguard it from financial turmoil. Will Luxury’s Biggest Market Rebound?

Payment Services 273

Payment Services Consumer Marketing Fast Fashion 273

Retail TouchPoints

APRIL 28, 2023

The True Creators Program is designed to provide several emerging designers with the resources, from manufacturing to materials and marketing support, to craft and launch limited collections for the brand. During this time, as a “lean and mean” team, “We didn’t really have social media, we didn’t do any marketing,” Wells explained. “We

Fashion 246

Fashion Consumer Marketing Accounting 246

Retail TouchPoints

DECEMBER 8, 2022

Inspire builds on Amazon’s live shopping feature, which debuted in 2019. The company also pointed to the new offering as another way for influencers and brands “to grow a successful and rewarding business.” Inspire appears to be a response to those creator concerns.

Shopping 274

Shopping Planning Social Commerce Marketing 274

Retail TouchPoints

SEPTEMBER 22, 2022

With China set to become the world’s largest luxury market by 2025 , Alibaba is intent on building out the immersive digital experience on its Tmall Luxury Pavilion to capture those consumers. From 2019 to 2021, the Luxury Pavilion has seen its customer base grown by more than 150% and sales have increased nearly 300%.

Fashion 208

Fashion Consumer Shopping Marketing 208

Retail TouchPoints

NOVEMBER 16, 2020

That’s nearly 2X the 2019 GMV total of $38.4 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. The topline numbers from Alibaba ’s 11.11 1 — generated $74.1

Fulfillment 188

Fulfillment Consumer Marketing Shopping 188

365 Retail

DECEMBER 21, 2021

In the post-pandemic period, we saw an immediate reduction in online sales as customers returned to the high street, albeit not to the levels of 2019. Consumers are increasingly online and on social media, which is leading to a boom in social commerce. As marketers, and as consumers, this will come as no surprise.

Social Commerce 105

Social Commerce Payment Services Consumer Shopping 105

Retail TouchPoints

MARCH 1, 2024

AI Directs the Most Effective Ads to the Most Likely Purchasers The AI element comes from solution provider Albert , which Natori, a family-owned and run business founded in 1977, has worked with since 2019.

Department Stores 204

Department Stores Wholesale Finance Apparel 204

Small Biz Trends

JULY 8, 2021

We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. The retail market size is continuously growing. over 2019 in spite of ubiquitous public health emergencies in the country. Retail Marketing Statistics. Physical Stores.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

A1 Retail

APRIL 23, 2021

Discoverability has become a growing priority for Shopify merchants and social commerce provides an opportunity for independent businesses to grow their audience. Shopify’s 2021 Future of Commerce report found that 54% of younger consumers globally discover brands via social media.

Social Commerce 53

Social Commerce Advertising Target Market Consumer 53

Inside Retail

OCTOBER 12, 2023

The state of the fragrance market The rise of niche fragrance brands comes at a time of overall growth in the sector. shows the global fragrance market was valued at $49.8 Data from Market.us billion in 2022, and is expected to reach $86.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.8

Fashion 130

Fashion Consumer Marketing Retailing Pricing 130

Retail TouchPoints

JULY 30, 2020

Households with children in elementary and high school are set to spend an average of $789.49 , far exceeding the 2019 record of $696.70. The most notable shift between the 2019 back-to-school season and today is the strong consumer preference for technology over traditional items like apparel and even school supplies.

Merchant Services 246

Merchant Services Advertising Apparel Planning 246

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 247

Clienteling Consumer Accounting Boutique 247

Retail TouchPoints

OCTOBER 6, 2022

In fact, McNamara noted that Mastercard predicts a comeback for Black Friday 2022, with total sales exceeding 2019 results. Location-based marketing: Consumers are clamoring for more personalized experiences, and location-based solutions help brands roll out more contextual mobile app promotions and messages.

Merchant Services 234

Merchant Services Payment Services Promotions Location 234

Retail TouchPoints

NOVEMBER 10, 2020

While this figure is down $50 from 2019, given 2020’s overall uncertainty, such a slight decline would represent a significant victory. A survey by Accenture found that 75% of consumers say they’ll do at least some of their holiday shopping online, up from 65% in 2019, while 43% plan to shop online exclusively.

Shipping 246

Shipping Fulfillment Shopping Consumer 246

Retail TouchPoints

JULY 20, 2022

In 2019, retailers adopted only 57% of mobile best practices. Following this acquisition wave, brands and retailers are shifting their marketing focus from acquisition to retention and, ultimately, loyalty. But for the entire industry, “there are some notable areas of improvement that tie to significant omnichannel trends.”

Consumer 237

Consumer Customer Experience Inventory Management Shopping 237

Rangeme

SEPTEMBER 28, 2021

The mall is now digital, global and social – and it’s changing how brands market their products. Soaring e-commerce adoption has driven consumer packaged goods (CPG) suppliers to embrace digital marketing to connect with consumers around the clock and around the world to fuel sales. social commerce sales rose 35.8%

Advertising 52

Advertising Shopping Consumer Social Commerce 52

Inside Retail

FEBRUARY 15, 2024

As Chinese consumer spending on personal luxury goods continues to surge, luxury brands are turning to cultural events like Lunar New Year to enhance their appeal and captivate a growing market. According to the latest toys and games data from Euromonitor, China is the fifth biggest global market for Pokémon Go.

Social Commerce 130

Social Commerce Fashion Accessories Apparel 130

Indigo 9 Digital

MAY 6, 2022

trillion in sales, China has the largest eCommerce market in the world, by a large margin. If you are curious about the eCommerce market in China then consider these 11 facts about its size, competition and trends. The Chinese eCommerce market is dominated by several eCommerce giants, the largest of which is Alibaba.

Merchant Services 52

Merchant Services Marketing Payment Services Social Commerce 52

Retail TouchPoints

APRIL 6, 2021

Social commerce is poised to be the focus of the next retail revolution: two-thirds of consumers say that social media has become as important as their other sources of information when making purchase decisions, according to data from Facebook. Betabrand’s Shows Are Live — and the Retailer Wants You To Know It.

Shopping 312

Shopping Social Commerce Boutique Fashion 312

Retail TouchPoints

JUNE 3, 2021

Two years ago, online retail’s market share was sitting at 13.6% , according to eMarketer. Even if brands and retailers don’t have a physical store, they have an opportunity to create a seamless customer-focused experience that spans across their branded ecommerce sites, marketplaces and even social channels.

Merchant Services 361

Merchant Services Social Commerce Marketing Consumer 361

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 Minded

JANUARY 26, 2022

The impact and growth of social media brands now play a huge part in what we see on our newsfeeds — and with that, social commerce has flourished. Social apps that already allow for commerce include Instagram , Facebook , and Pinterest. Social Commerce: Why You Should Care. Social commerce is a $89.4

Social Commerce 52

Social Commerce Merchant Services Inventory Management Shopping 52

Retail Minded

JANUARY 25, 2022

The impact and growth of social media brands now play a huge part in what we see on our newsfeeds — and with that, social commerce has flourished. S ocial apps that already allow for commerce include Instagram , Facebook , and Pinterest. Social Commerce – Why You Should Care. Social commerce is a $89.4

Social Commerce 52

Social Commerce Merchant Services Inventory Management Shopping 52

I Vend

JANUARY 20, 2021

Cloud POS Market size exceeded USD 1.5 billion in 2019 and is expected to grow at a CAGR of over 27% from 2020 to 2026. Growing adoption of cloud-based payment systems for inventory, employee, sales, and customer management in small businesses will boost the market growth. So, now is a good time as any to embrace the change.

Payment Services 98

Payment Services Social Commerce Checkout Fulfillment 98