Remove 2022 Remove Comparison Shopping Remove Payment Services
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BNPL Provider Klarna Expands Further into Social Commerce with Two Acquisitions

Retail TouchPoints

Klarna is continuing to build out its solution suite with two new acquisitions, moving beyond the buy now, pay later space with the goal of becoming a “retail bank, payments and shopping service,” according to the company. Social shopping is growing across all demographics, and by 2022, 28% of the entire U.S.

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Effective Strategies to Reduce Shopping Cart Abandonment

I Love Fashion

However, the ratio depends a lot on the industry, such as cruise and ferry services , which went through 98%, groceries, which went through 50.03%, and more. Lack of multiple payment options. Complex checkout process. Comparison shopping. The abandonment of shopping carts also affects inventory management.

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Zebra Technologies releases 16th Annual Global Shopper Study

Mass Relators

According to the National Retail Federation (NRF), retailers lost $112 billion due to shrink in 2022, up from nearly $94 billion in 2021. Seven in 10 retailers say the pressure is mounting to improve the efficiency and expense of managing online orders, returns, and the fulfillment process.