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Why Retailers Need to Prepare for the Social Commerce Boom

365 Retail

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 Selling directly on social networks, on the other hand, is more recent. trillion by 2025.

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“Southeast Asia still has a lot of potential to grow”: Zalora exec

Inside Retail

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.

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TikTok Doubles Down on Community, Creators with New Platform Updates

Retail TouchPoints

As TikTok kicks off its second annual TikTok World business summit, the social media juggernaut is making headlines for more than just new platform updates. based fulfillment centers in a bid to directly challenge ecommerce giants like Amazon and Shopify. Users then click out to the ticketing partner to complete their purchase.

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Analysis: Luxury retail in the post-Covid landscape

Inside Retail

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. As a result, social commerce is no longer considered a separate shopping channel. There can be no doubts about the opportunity. The technology-enabled store.

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How Luxury Brands Are Responding To COVID Tension With Innovation

Retail TouchPoints

China’s influence on the luxury market is significant, accounting for 35 % of luxury purchases worldwide, according to Willersdorf. Political social media accounts such as Diet Prada are tapping into their passionate communities to raise awareness and demand tangible change from the top down. Source: Instagram, Diet Prada).

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Exclusive CEO Q&A: How LUXIE Is Pivoting To Win Older Shoppers

Retail TouchPoints

We’ve created multiple Instagram accounts that target different parts of the world. To adjust for this volume, we have changed some fulfillment, shipping and customer service capabilities. We work with the Second Harvest Food Bank in the San Jose area where we are located. We have been lucky as well: Kylie Jenner. and Singapore.

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(Some of) the Technology that is Empowering the Customer Channel in Physical Retail

Retail Next

Fulfillment. Nordstrom continues to roll out of Nordstrom Local stores where you order online and then pick up in these neighborhood locations that offer express alterations and their legendary customer service. Allbirds (via Shopify), to highlight one retailer, offers pick up in store and fulfills orders via ship from store. .