Inside Retail

MARCH 20, 2024

In an era marked by economic flux and shifting consumer preferences, the global retail landscape stands at a pivotal juncture, ripe with both challenges and opportunities. China is the world’s largest retail market, accounting for almost 50 per cent of global retail transactions. It was valued at $3.8

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Retail TouchPoints

SEPTEMBER 14, 2022

14, for an inside look at one brand that has found the secret to livestream success.]. “If The vast array of social commerce products available across the major sites is dizzying, not least because it changes almost daily, but one thing is becoming clear — social media platforms in the U.S.

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Retail TouchPoints

AUGUST 1, 2022

“It’s interesting that TikTok has allowed a ‘capital C’ corporation to be involved, but I think it stems from the fact that Barnes & Noble was the very first retailer to identify that #BookTok was a driving factor in book sales ,” said Jessica Brigman, Senior Account Executive at The Walt Disney Co. ’s The Back Story of #BookTok.

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Retail TouchPoints

JUNE 22, 2022

Shopify has launched a number of new integrations aimed at helping retailers meet shoppers wherever they are — across social media, stores and in-person events. The partnership is designed to help retailers meet shoppers on Twitter at the right moment along their journey, whether it’s for discovery, inspiration or consideration.

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Retail TouchPoints

APRIL 21, 2021

Pinterest also is launching multi-feed support for Catalogs, a new feature that will help businesses easily upload their products in multiple product feeds within the same Pinterest Business account. Shopify merchants, as well as any retailer with a Pinterest business account, can now add up to 20 product feeds to their account.

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Retail TouchPoints

JULY 30, 2021

accounted for $5 billion of Alibaba’s total $74.1 Editor’s Note: For a deeper look at the 11.11 Max Bissell, VP and General Manager of Hard Surface and Robotics at floorcare brand Bissell , which has participated in 11.11 billion in 2021, making up 37.4% of all social commerce sales this year.

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Retail TouchPoints

JUNE 3, 2022

Remember what it was like to go shopping at the mall? You’d walk into a brick-and-mortar store, select your items from the aisles and check out at the sales counter. Enter social commerce. What is Social Commerce? The Explosion of Social Commerce. What are the Benefits of Social Commerce?

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Retail TouchPoints

MAY 6, 2021

2020 could easily be considered a breakout year for social commerce. Consumers reported spending 45% more time on social media in Q4 2020, and orders coming from social-referred channels (including paid ads and organic posts) grew by 50% year over year, according to data from Salesforce.

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Retail TouchPoints

OCTOBER 21, 2022

For shoppers, paying for the items they want is a necessary evil at best and a complicated chore at worst (especially online). alone in 2021 and has the potential to double in the next three to five years. We actually have tens of millions of people who just have Venmo accounts. Denise Leonhard, VP and GM, Venmo.

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Inside Retail

MARCH 29, 2022

Social commerce, or purchasing products and services within social platforms, represented just 4 per cent of the US retail e-commerce market in 2021. Millennials’ and Gen Z’s reliance on social media and willingness to make in-app purchases are fuelling wider adoption – and a sort of transformation.

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Inside Retail

MAY 2, 2021

Aaron Fidler, head of retail and commerce account management at Mastercard Australia, says the company’s latest Recovery Insights research shows that “roughly 20-30 per cent of the global Covid-related shift to digital is expected to be permanent. The AR and VR category is expected to reach USD $72 billion in 2024.

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Consumer Social Commerce Shopping Returns 200

Retail TouchPoints

SEPTEMBER 26, 2022

Unfortunately, unexpected situations can occur at any moment, like a global pandemic that reduces foot traffic to a trickle, or the shift of consumer demand online from offline channels. The growing demand for interactive digital content is at an all-time high. Though a relatively new channel for retailers in the U.S.,

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Retail TouchPoints

NOVEMBER 10, 2023

Off-site advertising is when a retailer helps advertisers reach its customers on third-party channels like social media or other websites it doesn’t own (“retargeting” is a common example of this). For example, Macy’s RMN hit the market in 2020 and was able to generate $105 million in revenue by the next year, 2021.

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Small Biz Trends

JULY 8, 2021

What do the latest retail statistics tell us about retailing in 2021? If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Are you thinking about how the US retail trade industry fared during the first quarter of 2021? trillion in the first quarter of 2021.

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Retail TouchPoints

JULY 9, 2020

However, new estimates from the Boston Consulting Group published in May revealed that global luxury sales could fall by between $85 and $120 billion in 2020 — a 29% drop that slows a decade of growth across luxury categories, according to Sarah Willersdorf, Global Head of Luxury at Boston Consulting Group. “In Source: Instagram, Diet Prada).

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Retail TouchPoints

JUNE 7, 2021

The increase in social media usage, combined with a tandem increase in online purchasing, proved to be the push both consumers and brands needed to move into the burgeoning realm of social commerce. So what does it take to turn social media users from passive scrollers into active customers?

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Payment Services Social Commerce Consumer Advertising 221

Retail TouchPoints

NOVEMBER 23, 2021

“Over the past 15-plus years, YouTube has evolved from a place where people can upload and share videos to a destination for viewers to be entertained, learn new things and connect with their favorite creators,” said David Katz, VP of Shopping at YouTube in a blog post announcing the holiday shopping event. ecommerce by 2024. .

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Retail TouchPoints

JANUARY 4, 2023

This year, DTC has a new meaning, or at least an alternate one — “ direct to community.”. Youthforia Founder Fiona Co Chan is featured regularly in the brand’s social content. Youthforia Founder Fiona Co Chan is featured regularly in the brand’s social content. “Direct to consumer” is so 2022.

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Marketing Consumer Accounting Social Commerce 284

Rangeme

SEPTEMBER 28, 2021

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. January 2021. A recent survey found 72% of respondents are more influenced to shop via social media now compared to a year ago.

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Inside Retail

AUGUST 8, 2021

Tiffani Gibson: Founded in 2017 in San Francisco, Lime is the world’s leading provider of shared electric vehicles, operating bikes, scooters and mopeds for short-term rentals, at an affordable price, in more than 200 cities in 30 countries on five continents. IR: Tell me about Lime’s bikes and their impact on the future of transportation.

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Social Commerce Marketing Planning Accounting 147

Retail Geek

APRIL 30, 2021

Episode 262 of the Jason & Scot show was recorded on Thursday April 30, 2021. Jason: [4:42] Exactly sir So speaking of Google did you follow their earnings at all. In stock inventory at retailers near you so that’s evidently become quite popular. We recap Amazon, EBay, and Shopify Q1 earnings reports. Transcript.

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Inside Retail

MAY 29, 2022

Online marketplaces such as Lazada, Shopee, Tiki and Tokopedia dominate the e-commerce market in Southeast Asia, accounting for 65-75 per cent of the e-commerce Gross Merchandise Value (GMV) in Indonesia, Malaysia and Singapore, and 35-50 per cent of GMV in Thailand, Vietnam and the Philippines, Google’s e-Conomy SEA 2021 shows.

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Social Commerce Consumer Shopping Grocer 130

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.

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Retail TouchPoints

MAY 9, 2023

SHEIN’s incredible reach, amplified through influencers, and its focus on creating on-trend items at an extremely rapid pace can be thanked for that. Everyone at the company wants to have that innovative spirit,” he said. But when you look at what we’re actually doing, our carbon footprint is quite low and our waste is very low.”

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Indigo 9 Digital

MAY 6, 2022

billion annual active customers last year while JD.com had 552 million active accounts in the year ended September 2021. China’s eCommerce market is maturing and is expected to grow by 15% between now and 2025 while the rest of the world is expected to grow at a rate of 52% during that time period. billion in 2021.

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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.

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Retail TouchPoints

JANUARY 25, 2022

But while it was one of the buzziest topics of 2021, and looks to stay that way in 2022, the metaverse itself isn’t a new concept. Thirty years on, and the true realization of the metaverse is still at least decade or so away, but the promise of this virtual ecosystem is starting to become tangible. “The 1: Infrastructure.

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Consumer Fashion Accessories Apparel 282

Inside Retail

JUNE 17, 2021

Each country in the APAC region experiences different customer and retailer behaviours and will emerge from the pandemic at different speeds. According to a 2019 study by McKinsey, young Chinese consumers will account for 65 per cent of the growth in luxury fashion and accessories globally heading into 2025.

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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. At Gap, training was a priority to ensure managers could “build their inclusive leadership muscle” and all employees could become better allies.

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Merchant Services Customer Experience Marketing Consumer 184

Retail Geek

AUGUST 20, 2022

Jason: [0:46] I have I have it’s been interesting to spend so much time at the airport’s they’ve been quite busy lately. Scot: [0:54] Yeah yep the there’s cancellations it’s total chaos at airports so hopefully now that we’re in back-to-school season that’ll slow down a little bit.

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Consumer Wholesale Drop-Shipping Social Commerce 83

Retail Geek

JANUARY 6, 2023

In this interview, we cover the sale of ModCloth to Walmart, Matts’s subsequent work at Lucky Brand and Afterpay, and his new role as CEO at Goodwillfinds. Goodwillfinds.com is an e-commerce site, which sells previously owned merchandise, which has been donated to Goodwill.

Merchant Services 52

Merchant Services Consumer Fashion Marketing 52

Retail Geek

APRIL 9, 2021

Ted: will headless commerce take off in 2021? RetailRazor: Amazon has been getting hit w/an endless series of media articles about their private label development at the expense of other merchants on the platform. Episode 259 of the Jason & Scot show was recorded live on Thursday April 8, 2021. Listener Questions.

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Retail Geek

MARCH 31, 2021

A weekly podcast with the latest e-commerce news and events. In episode 258 we cover some recent industry news, including new information on owned brands at Amazon, Target, and Bed Bath & Beyond. Episode 258 of the Jason & Scot show was recorded live on Monday March 29, 2021. Transcript.

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Retail TouchPoints

OCTOBER 6, 2021

will reach $11 billion this year and continue to grow steadily, accounting for $35 billion in sales and 3.3% Look at the ecosystem and timeline in China, and then see where we are in the U.S. — Coresight Research estimates that the livestreaming market in the U.S. of all U.S. ecommerce by 2024.

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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?

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