Retail TouchPoints

JULY 12, 2021

The new funding is a major vote of confidence in the potential of digital commerce in India, still a relatively nascent market. Brick-and-mortar dominates the retail scene, with ecommerce projected to account for just 7% of sales this year, up from 3% in 2017. billion population, but still with plenty of room for growth.

Wholesale 243

Wholesale Social Commerce Fashion Consumer 243

Retail TouchPoints

SEPTEMBER 2, 2021

A retailX panel of social media and influencer experts had a candid conversation about how influencers are driving the maturity of social commerce, which is expected to reach $36.09 Before rising in the influencer ranks with her account @NYCfitfam, she had approximately 20 years’ experience in public relations.

Social Commerce 252

Social Commerce Accounting Marketing Planning 252

Retail TouchPoints

JULY 30, 2021

accounted for $5 billion of Alibaba’s total $74.1 We test and learn as much as possible leading up to the event and then lock in a plan and hang on for 11.11.”. Chinese Consumers are Unique, so your Strategy Should be Too. Livestreaming Buoys Consumer Confidence, Helps Build Buzz. During last year’s 11-day 11.11

Merchant Services 277

Merchant Services Accounting Social Commerce Payment Services 277

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.

Social Commerce 250

Social Commerce Accounting Marketing Planning 250

Inside Retail

JANUARY 10, 2024

The world’s largest retailer shared expansive plans for the future of retail at the recent Consumer Electronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. It’s essentially a ‘Virtual Try-On’ service that becomes a social experience.

Shopping 262

Shopping Payment Services Social Commerce Checkout 262

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 The Transformation of Search Consumers are searching a lot. billion in 2022.

Advertising 229

Advertising Social Commerce Consumer Fulfillment 229

Retail TouchPoints

APRIL 8, 2024

Ecommerce Growth with TikTok Today’s consumers have short attention spans and are constantly on the lookout for the next big thing in viral content. To make a splash on a platform like TikTok that caters to this kind of consumer behavior, you must become adept at creating content that quickly showcases why your product deserves to go viral.

Checkout 230

Checkout Marketing Advertising Point of Sale 230

Retail TouchPoints

OCTOBER 25, 2023

This includes highlighting deals on airfare and providing tips to plan key destinations during popular breaks from school. Brands partnering with deal-centric influencers can therefore get their product in front of consumers who may not be looking for it directly. Another subset of micro-influencers are deal-centric influencers.

Advertising 275

Advertising Accounting Marketing Promotions 275

Inside Retail

OCTOBER 5, 2021

The social-commerce app matches women with a contributor sharing a similar body type who can guide them on the best styles to suit their physical characteristics. More than 83,000 women from over 100 countries have downloaded the app, with the US, Australia, and the UK accounting for 70 per cent of users.

Fashion 246

Fashion Social Commerce Telecommunications Returns 246

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. after Google, accounting for 25.2% Trust Plays a Big Role in Consumers’ Willingness to Shop on Social.

Payment Services 220

Payment Services Social Commerce Consumer Advertising 220

Retail TouchPoints

JUNE 9, 2022

billion by the end of 2022 , in large part because influencers can provide direct connections to consumers and allow brands to deliver messaging in an authentic and relevant way. Retail TouchPoints (RTP): How can marketing and, specifically, social media help brands better manage consumer demand?

Consumer 354

Consumer Marketing Promotions Management 354

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.

Beauty and Health 154

Beauty and Health Accounting Social Commerce Advertising 154

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail TouchPoints

JULY 30, 2020

Only consumers only had 17% of their shopping done by early July, and 54% said they held off on spending because they didn’t know what they needed. 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 250

Merchant Services Advertising Apparel Planning 250

Retail TouchPoints

JULY 9, 2020

For the luxury category, the pandemic’s impact has been multi-faceted, raising the stakes for brands to have larger conversations around how the “luxury experience” is defined and created for an evolved consumer base. Trend 1: Evolving Consumer Priorities Could Depress Luxury Spending. trillion in current exchange rates.

Clienteling 255

Clienteling Consumer Accounting Boutique 255

Inside Retail

OCTOBER 21, 2021

Retailers are enduring dynamic and challenging times as supply-chain disruption continues and consumer behaviour changes, both brought on by living in the Covid era. Consumers increasingly want a seamless and consistent shopping experience across a growing number of offline and online touchpoints. “The

Returns 130

Returns Merchant Services Shipping Payment Services 130

Retail TouchPoints

AUGUST 8, 2023

“People are hungry for a text-focused social media platform, especially in the book world!” Kleinman and other business leaders also think consumers are hungry for authentic connection, community and humorous (yet productive) discourse. Why is Threads Valuable? In both cases, brands should be authentic and conversational.

Beauty and Health 206

Beauty and Health Consumer Marketing Social Commerce 206

Retail TouchPoints

APRIL 4, 2023

” The results found that when consumers (specifically Gen Z college students) actively engaged with content on Pinterest, they were able to reduce feelings of burnout, stress and social disconnectedness. Pinterest is a shopping destination, not a retailer. The platform is using this distinction as a business advantage.

Advertising 280

Advertising Consumer Marketing Shopping 280

Retail TouchPoints

NOVEMBER 10, 2023

Retail media is the broader term used to describe the concept of retailers using their systems, infrastructure, data and access to their shoppers to help advertisers reach consumers. Therefore, “commerce” is a more encompassing term to describe this new set of advertising capabilities.

Advertising 268

Advertising Marketing Social Commerce Consumer 268

Retail TouchPoints

MARCH 9, 2021

accounts for a “tiny sliver” of global livestreaming sales, according to Coresight Research , totaling less than $1 billion. Through a survey of 475 consumers, Influence Central also found that only 19% of U.S. consumers have tuned into a livestreaming event. Now, many of them are bigger than they were [pre-pandemic].”.

Retail Marketing 306

Retail Marketing Marketing Boutique Fashion 306

Retail TouchPoints

MAY 20, 2022

The company’s wholesale business is still thriving, but now it’s only part of an omnichannel strategy that includes ecommerce , social commerce and marketplaces. And because those wholesale relationships were so central to Natori’s business, losing or seeing a significant pullback from even one account would have been a big blow.

Wholesale 224

Wholesale Department Stores Fashion Social Commerce 224

365 Retail

MARCH 5, 2024

Social commerce – purchases made directly on social networks – may seem anecdotal to some, but it’s taking off and is expected to grow three times faster than traditional e-commerce, reaching $1.2 trillion by 2025. Fourteen years later, however, 7 out of 10 do so, according to a study by Klarna.

Social Commerce 68

Social Commerce Shipping Accounting Point of Sale 68

Small Biz Trends

JULY 8, 2021

The retail industry in the US accounts for 18.7 % of total gross domestic product (GDP). Following data from SCORE research prove the point: Small retailers account for 98.6% Organizing a retail event in a physical store can be a good way to pull consumers. These occupations account for 6.3% Small Retail Businesses.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

Retail TouchPoints

OCTOBER 14, 2022

Touting its dominance in the ad space, TikTok shared the results of a series of internal studies showing that the platform drives connections between brands and consumers. A new offering called Profile Kit that will allow users to integrate their TikTok accounts to display their content on third-party apps.

Advertising 279

Advertising Fulfillment Returns Shopping 279

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

AUGUST 8, 2021

Transforming cities and the way people get around them means ensuring equal access to all, regardless of ability, background or bank account. IR: What are Lime’s expansion plans in the pipeline? IR: Are there any e-commerce, social commerce or consumer trends that the company is interested in right now?

Social Commerce 147

Social Commerce Marketing Planning Accounting 147

A1 Retail

FEBRUARY 12, 2024

I’ve seen some fabulous new products, and some new accounts opened.” Richard Keel, Managing Director of Keel Toys said, “The footfall and orders across Sunday and Monday have been really good, we have opened a high number of new accounts. Communication and planning with the event organisers, Hyve has been seamless.

Fashion 59

Fashion Returns Accounting Management 59

Retail TouchPoints

DECEMBER 11, 2023

You get KIKI World , a next-gen beauty company and community-powered commerce engine. But the problem with this model, according to Garner, is that while consumers do all these activities, they don’t see very much in return for their loyalty — or their labor.

Accounting 248

Accounting Consumer Planning Marketing 248

Retail Next

APRIL 1, 2021

Social commerce. Technology is helping make physical retail central to Direct-to-Consumer strategy by providing retailers and brands with a wealth of data – especially in relationship to their physical retail stores. In fact, physical retail is a critical – and central – part of a robust Direct to Consumer strategy.

Visual Merchandising 40

Visual Merchandising Home Furnishings Shipping Fulfillment 40

Inside Retail

MARCH 25, 2024

Following a strategic pivot that aims to bolster its business-to-business (B2B) platform services and e-commerce solutions, Zalora is poised to emerge as a key catalyst for growth in Southeast Asia’s wider retail sector.

Fulfillment 130

Fulfillment Social Commerce Fashion Marketing 130

Retail Geek

JULY 9, 2021

You know at least three and maybe four of them are all like cumulatively what I would call Commerce right like you taught you know. [25:10] 25:10] What big trends am I talking a lot with with clients about it since its creators as micro influencers its video driven Commerce its. Social commerce and the the sleeper is.

Shipping 98

Shipping Merchant Services Fulfillment Wholesale 98

Retail TouchPoints

JANUARY 25, 2022

“With it will come the meta-economy, which will power new opportunities for work, wealth, status and identity, and will impact how consumers communicate, play, shop and learn.”. Brands must begin to wrap their heads around these immersive virtual spaces and plan their corporate metaverse strategy or run the risk of falling behind.”.

Consumer 268

Consumer Fashion Accessories Apparel 268

Retail Assist

JANUARY 17, 2023

Quick commerce, social commerce, marketplaces, greenwashing of brands, a resurgence in physical retail and a rebalancing of ecommerce were key themes during the year. We’re still seeing retailers planning to launch their own to broaden their product offering, reach and discovery. Supply Chain Resilience.

Customer Retention 52

Customer Retention Payment Services Loss Prevention Checkout 52

Retail Geek

JANUARY 12, 2024

No Shopify launches an ad product such as a retail media network Yes Meta/Google/TikTok lose ad share to new social media platforms and retail media networks. For 2023, live streaming commerce, still not meaningful in the US. The bulk of my e-commerce data comes from Amazon.

Drop-Shipping 59

Drop-Shipping Apparel Shipping Fast Fashion 59

Retail Geek

AUGUST 20, 2022

Checked out on Tick Tock in huge quantities yet but it’s super interesting the Amazons kind of approach to social commerce, is get content creators and influencers and sellers. 17:04] Hyper actor e-commerce. A lot of people get interested in buying products through tick-tocking us they haven’t necessarily like.

Consumer 83

Consumer Wholesale Drop-Shipping Social Commerce 83

Retail Geek

JUNE 25, 2021

Jason: [5:17] Yeah and I by all accounts those have been the best 15 years in the history of channeladvisor’s by. Scot: [5:23] No doubt about it absolutely. Contributing factors is you know there’s probably more room for growth in some of these International markets than then you know the maybe in the domestic Market. Marker 03.

Apparel 66

Apparel Advertising Marketing Fulfillment 66