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Analysis: The many faces of social commerce in China

Inside Retail

The KAWS x Uniqlo collection when released usually sells out on the same day with product showing up on Taobao hours later selling sometimes 100x its retail price earlier that morning. The perimeters between CRM and social community have blurred, and sales of products are now being directed by an army of KOCs (key opinion consumers).

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Reports: PayPal in Talks to Acquire Pinterest for $45 Billion

Retail TouchPoints

“We could see how Pinterest could enhance engagement between consumers and merchants with PayPal being a central facilitator in the commerce journey, thereby feeding into the company’s vision of being a super app.”. Social Commerce Adds Synergies, but PayPal Must Integrate Them Correctly. for $4 billion in November 2019.

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Message in a bottle: How social media has disrupted the fragrance sector

Inside Retail

In the first quarter of 2021, fragrance sales were up 45 percent from the year prior, despite the average retail price for fragrance products growing by 15 percent in the same time period. Notably, the way many consumers discovered and purchased fragrances during the pandemic was online and on their phones. Data from Market.us

Fashion 130
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Digital Is Turning Retail Into An On-Demand Model

Retail TouchPoints

Increasingly, consumers want to browse and buy with the ease of click, or find products faster using in-store location technologies. Similarly, the pop-up retail store concept is evolving fast, as brands and retailers look to strengthen emotional connections with consumers and drive longer-lasting relationships.

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Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

Matt: [2:02] Yeah have you too I like to think about my career or having two careers to date the first one was, very foundational for what I’m doing now but very quantitative, process-oriented mechanical engineering patent law Manufacturing, Ops Consulting things that had nothing to do with retail or fashion or e-commerce and then I. [2:32]