article thumbnail

From China to India, how the world’s retail markets stack up: report

Inside Retail

China is the world’s largest retail market, accounting for almost 50 per cent of global retail transactions. Despite sales remaining below the pre-pandemic level and weak consumer sentiment, retail growth is expected to reach 5 per cent from 2022 to 2027. Estimates suggest China’s social commerce market enjoyed a 40.25

article thumbnail

3 Ways Livestreaming is Shaking Up the Retail Marketing Playbook

Retail TouchPoints

As retailers shift more of their attention and dollars to digital content and community-building activities, livestreaming has moved into the spotlight. and global brands to consider its role in their marketing playbooks. Its rampant rise in China is encouraging U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Immersive Customer Experiences Using Augmented Reality

Retail TouchPoints

These experiences are the newest flavor of social commerce that is redefining the retail shopping experience — both online and in-person. Global social commerce sales are expected to skyrocket from $492 billion in 2021 to $1.2

article thumbnail

How Social Commerce Will Reshape Retail: From Content Creation & Partnerships to In-Store Experiences

Retail TouchPoints

Social commerce is a relatively new medium, but as retailers and social media platforms alike explore possible use cases and applications, it will significantly shape how both shoppers and businesses spend their time and money. The Physical Store and Social Commerce Can Enhance Each Other.

article thumbnail

Appliance stores dominate 2022 Oria Awards

Inside Retail

Other 2022 Oria Awards winners were: Best B2B Online Retailer: Hero Packaging Best Community Initiative: i=Change Best Small Independent Retailer: Une Piece Best Social Commerce Initiative: Showpo Best Phygital Initiative: Cue Clothing Co International Conqueror: Quad Lock Technology Champion: Cotton On Best Online Retail Marketing: Salvos Stores Industry (..)

article thumbnail

Appliance stores dominate 2022 Oria Awards

Inside Retail

Other 2022 Oria Awards winners were: Best B2B Online Retailer: Hero Packaging Best Community Initiative: i=Change Best Small Independent Retailer: Une Piece Best Social Commerce Initiative: Showpo Best Phygital Initiative: Cue Clothing Co International Conqueror: Quad Lock Technology Champion: Cotton On Best Online Retail Marketing: Salvos Stores Industry (..)

article thumbnail

Reaching Gen Z and Millennials: What Brands Need to Know About Creator Guided Shopping

Retail TouchPoints

retail social commerce projected to reach $80 billion by 2025, according to Insider Intelligence , more consumers, especially Gen Z and millennial shoppers, are turning to creators to help with their purchase decisions. Rodney Mason is Head Of Marketing, Brand Partnerships at LTK. 1] [link]

Shopping 283