Retail TouchPoints
JANUARY 4, 2023
By using high-quality images and videos of products, customers are drawn closer. While videos make for a more engaging customer experience, only 40% of product detail pages currently use video, according to the 2022 Omnichannel Retail Index. By 2025, mobile sales are expected to account for 44% of retail ecommerce in the U.S.,
Retail TouchPoints
FEBRUARY 21, 2024
With rising fuel prices, supply chain and logistics challenges, and higher labor and production costs, retailers are struggling with how to efficiently deliver a high volume of goods to consumers who have quickly become accustomed to seamless purchasing experiences. billion in 2023 — accounting for 8.5% of total retail sales.
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Retail TouchPoints
MAY 5, 2021
Even pre-COVID, so much of the beginning, top-of-funnel car-buying exercises already happened online,” said Katie Currall, VP and Account Manager at Material in an interview with Retail TouchPoints. The numbers speak for themselves: Online sales of alcohol in the U.S. were up 80% last year, approaching $5.6
Retalon
SEPTEMBER 11, 2020
In order to understand how to take full advantage of this new technology, we will first explain what demand forecasting actually is, the most common methods of demand forecasting in retail, key constraints that need to be accounted for, and modern examples of accurate demand forecasting. What is Demand Forecasting?
Retail TouchPoints
JUNE 8, 2021
Many factors can contribute to a consumer’s decision to abandon a full shopping cart before checking out. Asking consumers to create a new account can certainly cause some of this hesitation. Addressing the costs associated with shipping and handling is often one of the easiest ways to improve the overall customer experience.
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