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

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 this year — a 35% increase over 2020 — according to Insider Intelligence. It’s about telling a story but connecting it to commerce.”

Social Commerce 238

Social Commerce Accounting Marketing Planning 238

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 Merchandising the #BookTok Movement.

Social Commerce 237

Social Commerce Accounting Marketing Consumer 237

Retail TouchPoints

JUNE 4, 2024

Now, starting June 6, ShopShops’ dedicated Century 21 NYC hosts also will share livestreams on Century 21’s TikTok account. The TikTok Shop launch marks another milestone for the storied off-price retailer, which filed for bankruptcy and shuttered all of its stores in 2020.

Shopping 240

Shopping Returns Fashion Accounting 240

Retail TouchPoints

JULY 9, 2020

However, new estimates from the Boston Consulting Group published in May revealed that global luxury sales could fall by between $85 and $120 billion in 2020 — a 29% drop that slows a decade of growth across luxury categories, according to Sarah Willersdorf, Global Head of Luxury at Boston Consulting Group. “In Source: Instagram, Diet Prada).

Clienteling 244

Clienteling Consumer Accounting Boutique 244

Retail TouchPoints

JULY 19, 2022

“Proactive legal action targeting bad actors is one of many ways we protect customers by holding bad actors accountable.”. This team investigates these schemes and reports them to social media platforms including Instagram, TikTok and Twitter.

Merchant Services 233

Merchant Services Accounting Social Commerce ATS 233

Inside Retail

APRIL 27, 2021

In a statement, Gucci – the profit engine of French group Kering – and Facebook alleged the unidentified defendant used multiple Facebook and Instagram accounts to promote her international online counterfeit business. million counterfeit products, and 45,000 websites, including social media accounts, being disabled.

Social Commerce 130

Social Commerce Accounting Promotions Marketing 130

Inside Retail

APRIL 27, 2021

In a statement, Gucci – the profit engine of French group Kering – and Facebook alleged the unidentified defendant used multiple Facebook and Instagram accounts to promote her international online counterfeit business. million counterfeit products, and 45,000 websites, including social media accounts, being disabled.

Social Commerce 130

Social Commerce Accounting Promotions Marketing 130

Inside Retail

NOVEMBER 28, 2022

This year, over 102 million people will buy via social platforms in the US alone and by 2025, global sales via social commerce will exceed US$1.2 Among consumers – and not just Millennials – social commerce is gaining significant traction, growing three times as fast as overall e-commerce.

Social Commerce 130

Social Commerce Merchant Services Payment Services Fulfillment 130

Retail TouchPoints

NOVEMBER 3, 2021

Therefore, discovery commerce is the only way to cut through the noise and win customer spend in an increasingly crowded ecommerce market. For example, at Decorilla we often tag a vendor’s account directly to offer our customers a 30% discount using our promo codes. Opportunities are already in full flow on TikTok and Instagram.

Consumer 245

Consumer Accounting Customer Experience Marketing 245

Retail TouchPoints

SEPTEMBER 20, 2024

As the report outlines, the business models of many of these companies actually incentivize the mass collection of user data for monetization, in particular through targeted advertising, which accounts for most of their revenue. The FTC’s report is likely to light fires under those efforts.

Consumer 240

Consumer Accounting Advertising Social Commerce 240

Retail TouchPoints

NOVEMBER 23, 2021

In the last few years, YouTube has seen huge growth in live video, with more than half a million channels livestreaming for the first time in 2020. will reach $11 billion this year and continue to grow steadily, accounting for $35 billion in sales and 3.3% of all U.S. ecommerce by 2024. .

Shopping 225

Shopping Accounting Promotions Consumer 225

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 149

Beauty and Health Accounting Social Commerce Advertising 149

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 212

Wholesale Department Stores Fashion Social Commerce 212

Inside Retail

MAY 29, 2022

Impressive milestones regional e-commerce platforms have hit during shopping festivals in Southeast Asia illustrate the phenomenon. Singapore-based e-commerce platform Shopee broke its 2020 record with over 2 billion items sold throughout the 11.11 Social commerce will remain a preferred shopping channel.

Social Commerce 130

Social Commerce Consumer Shopping Grocer 130

Retail TouchPoints

MARCH 9, 2021

In 2020 alone, livestreaming generated $135 billion in Chinese ecommerce sales , but livestreaming in the U.S. 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.

Retail Marketing 300

Retail Marketing Marketing Boutique Fashion 300

Inside Retail

MARCH 29, 2022

We are at the forefront of innovation with social commerce, enhanced retailing and emerging retailing. In the last 12 months alone, that customer base’s social commerce spending has risen 50 per cent, from $10/month to $15/month. Interestingly, the 65+ demographic is particularly active on YouTube.

Social Commerce 130

Social Commerce Shopping Consumer Fulfillment 130

Small Biz Trends

JULY 8, 2021

According to a report from the National Retail Federation, the US retail sales in 2020 grew 6.7% trillion to GDP in 2020, reports the US Bureau of Economic Analysis. trillion during 2020 ( NRF ). US retail sales depressed during the first two quarters of 2020 due to COVID-19, but things started to improve with the 3rd quarter.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

Inside Retail

DECEMBER 11, 2023

Customers want and need to know they can trust brands and that trust is built through action and accountability. Phantm wasp founded in 2020 by current CEO and social cause advocate Elliot Costello, the brains behind the Polished Man campaign. Before you can really make a difference you need to know what to focus on,” they said.

Consumer 260

Consumer Marketing Accounting Social Commerce 260

Inside Retail

MAY 2, 2021

Aaron Fidler, head of retail and commerce account management at Mastercard Australia, says the company’s latest Recovery Insights research shows that “roughly 20-30 per cent of the global Covid-related shift to digital is expected to be permanent. Brands must strive to be genuine, authentic, accountable and trustworthy.

Consumer 200

Consumer Social Commerce Shopping Returns 200

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. In 2020, we served 135 cities with shared scooters and e-bikes and provided 55 million rides covering 60 million miles – equivalent to 250 trips to the moon.

Social Commerce 147

Social Commerce Marketing Planning Accounting 147

Inside Retail

JUNE 17, 2021

Many habits they developed during 2020 — such as shopping online through WeChat and making mobile payments — will become permanent. 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. Retail the New Way.

Payment Services 113

Payment Services Fulfillment Specialty Retailers Consumer 113

Retail TouchPoints

NOVEMBER 10, 2023

While they are essentially the same thing, many industry experts believe the term “commerce media” offers a more accurate definition of what these new advertising platforms are able to do. For example, Macy’s RMN hit the market in 2020 and was able to generate $105 million in revenue by the next year, 2021.

Advertising 254

Advertising Marketing Social Commerce Consumer 254

Retail TouchPoints

SEPTEMBER 8, 2020

Through the remainder of 2020, Olivela will continue to lean into its philanthropic mission, with different themes for each month that will be activated with content and engagement across channels. Olivela IRL successfully meets consumers’ content cravings. “It

Consumer 130

Consumer Beauty and Health Fashion Fulfillment 130

Retail TouchPoints

SEPTEMBER 8, 2020

Through the remainder of 2020, Olivela will continue to lean into its philanthropic mission, with different themes for each month that will be activated with content and engagement across channels. Olivela IRL successfully meets consumers’ content cravings. “It

Consumer 130

Consumer Beauty and Health Fashion Fulfillment 130

Retail TouchPoints

JULY 2, 2021

Following the murder of George Floyd in May 2020, brands and retailers were eager to show solidarity and support. THEME 1: Actualizing Diversity and Inclusivity. THEME 3: Changing Corporate Culture.

Merchant Services 177

Merchant Services Customer Experience Marketing Consumer 177

Indigo 9 Digital

MAY 6, 2022

billion annual active customers last year while JD.com had 552 million active accounts in the year ended September 2021. While online shopping definitely accelerated in 2020 [in China], saying physical retail is more or less obsolete is not true,” said Nishtha Mehta, a China-based corporate innovation coach. “In Alibaba has a 47.1%

Merchant Services 52

Merchant Services Marketing Payment Services Social Commerce 52

Mass Relators

JULY 15, 2024

Parents surveyed expect to spend $586 per student in grades K-12, down just $11 year-over-year (up $57 compared to 2020). Clothing and school supplies are expected to account for most of the back-to-school market spending, remaining flat at $12.6 Based on surveyed parents’ intentions, overall spending is expected to reach $31.3

Planning 52

Planning Merchant Services Social Commerce Accounting 52

Rangeme

SEPTEMBER 28, 2021

Worldwide, the average consumer between the ages of 16 and 64 spends 145 minutes per day on social media. 1 Daily time spent on social networking by internet users worldwide from 2012 to 2020. social commerce sales rose 35.8% billion in 2020 and $19.42 Experts predict social commerce sales will reach $79.64

Advertising 52

Advertising Shopping Consumer Social Commerce 52

Retail Next

APRIL 1, 2021

Social commerce. Physical retail remains relevant (let’s remember the US Census Bureau News has reported that as of Q3 2020, e-commerce accounted for 14.3% Virtual try on is also a relevant and compelling use of this technology that benefits and supports the customer experience. CONCLUSION.

Visual Merchandising 40

Visual Merchandising Home Furnishings Shipping Fulfillment 40

Retail Geek

JUNE 25, 2021

In 2020 due to the pandemic, Prime Day was held in October 13-14, 2020. billion | Digital Commerce 360 Amazon Prime Day 2021 Insights & Real-Time Tracker | Numerator. Jason: [5:17] Yeah and I by all accounts those have been the best 15 years in the history of channeladvisor’s by.

Apparel 66

Apparel Advertising Marketing Fulfillment 66

Retail Geek

JANUARY 6, 2023

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]

Merchant Services 52

Merchant Services Consumer Fashion Marketing 52

Retail Geek

MARCH 31, 2021

Google flagged her account because they via some crawling bot that they had decided that she was listing her roller skates in the Google ads at a higher price than she was selling them Direct in, Shopify which is apparently against the terms and conditions of these Google of these free Google shopping ads. [15:03]

Beauty and Health 59

Beauty and Health Apparel Merchant Services Marketing 59

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 Geek

JANUARY 7, 2022

Bonus – More store closures in 2021 than 2020. commerce penetration says at 16% or better in 2021. Because e-commerce had grown so fast the year before so I think that that. Jason Total Score: 3 of 5.

Merchant Services 98

Merchant Services Payment Services Drop-Shipping Apparel 98