Retail TouchPoints

AUGUST 7, 2023

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” The company marked notable improvements in its delivery speeds in Q2, with average time-to-door improved by six days compared to 2022 in Wish’s six major markets.

Merchant Services 211

Merchant Services Drop-Shipping Shipping Payment Services 211

Retail TouchPoints

MAY 1, 2023

Following a year of significant pull-back in 2022, venture capital (VC) and growth investors in private companies are continuing to be cautious with their money — a potentially long-term trend that’s impacting the growth trajectories of both emerging and high-growth brands in the retail sector. Tip 3: Get your CAC and LTV in order.

Beauty and Health 227

Beauty and Health Consumer Health & Wellness Department Stores 227

Retail TouchPoints

MAY 1, 2023

Following a year of significant pull-back in 2022, venture capital (VC) and growth investors in private companies are continuing to be cautious with their money — a potentially long-term trend that’s impacting the growth trajectories of both emerging and high-growth brands in the retail sector. Tip 3: Get your CAC and LTV in order.

Beauty and Health 189

Beauty and Health Health & Wellness Department Stores Returns 189

Indigo 9 Digital

NOVEMBER 16, 2023

Then there are those pesky returns. How often have you bought something online, then returned it without a second thought? million in 2022 on $598.1 That is significantly higher than what companies typically spend on sales and marketing. Take department store Kohl’s, last year its marketing costs were only 4.9%

Consumer 98

Consumer Returns Advertising Marketing 98

Retail TouchPoints

NOVEMBER 10, 2023

In 2022, global retail media revenue reached $101 billion, according to GroupM. alone in 2023, Insider Intelligence projects that retail media spending will reach $45 billion. For example, Macy’s RMN hit the market in 2020 and was able to generate $105 million in revenue by the next year, 2021. In the U.S.

Advertising 273

Advertising Marketing Social Commerce Consumer 273

Retail TouchPoints

APRIL 13, 2021

that’s why marketing teams are allocating more of their spend towards them. research found that 74% of marketers spend one-third or more of their budgets on social advertising. In fact, we believe 2022 will be the first-ever trillion-dollar year for ecommerce.”. Listen to the session on demand.

Consumer 139

Consumer Payment Services Fulfillment Advertising 139

Small Biz Trends

JULY 8, 2021

trillion in 2022. 67% of customers admit that they bought something else while returning a product. Thanks to cheap data plans, more and more smartphone users are using Google Search before buying in-store. In fact, an average marketer spends only 17% of their time on online reputation management.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138