Retail TouchPoints

AUGUST 18, 2023

TikTok is continuing to build out its commerce-related services with the launch of ecommerce fulfillment for companies in the UK selling via TikTok Shop. The UK, along with several markets in Asia, was one of the first regions where TikTok Shop commerce functionality was made available. cubic liters per shipment.

Merchant Services 174

Merchant Services Fulfillment Shipping Shopping 174

Independent Retailer

FEBRUARY 15, 2022

trillion in 2022. Social commerce is a subset of ecommerce, and harnesses the purchasing power of young customers on innovative new retail platforms. In 2021, social commerce sales increased by over 35 percent, totaling a spend of over $36 billion, still only 10 percent of what the Chinese market will spend. .

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Social Commerce Payment Services Marketing Fulfillment 96

Retail TouchPoints

JANUARY 27, 2022

Registration has officially opened for The Retail Innovation Conference & Expo (#RICE22), which will take place May 10-12, 2022 at McCormick Place Convention Center in Chicago. Super early-bird pricing rates are in effect through March 8 th , 2022. Register for #RICE22 here ».

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Social Commerce Fulfillment Marketing ATS 259

Retail TouchPoints

DECEMBER 28, 2021

will surpass $1 trillion in 2022. Stores will become inspiration hubs and fulfillment centers as much as they are purchase points , and ecommerce touch points such as apps and websites will be crucial facilitators for all stages of shopping. It took a pandemic to give consumers a fulfillment option it turns out they really wanted.

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Fulfillment Checkout Consumer Returns 246

Retail TouchPoints

OCTOBER 4, 2023

The numbers from our latest guide to omnichannel commerce speak for themselves, showing that marketing across three or more channels earns brands 250% higher engagement. Social commerce metrics are up in 2023 , with a 9% increase in gross merchandise value and a 63% increase in average order value across BigCommerce’s merchants.

Merchant Services 242

Merchant Services Social Commerce Checkout Payment Services 242

Retail TouchPoints

JANUARY 11, 2023

Livestream platform Bambuser says livestream shopping viewership grew by ~38% every quarter in 2022 in North America and Western Europe, so there is huge opportunity for growth. That said, brands can’t just have a TikTok Shop or one live shopping event and then move on — they need to invest in active follow-up after the purchase.

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Fulfillment Social Commerce Management Shopping 246

365 Retail

DECEMBER 21, 2021

Now, as we move into a post-pandemic environment, what will 2022 bring for retailers? What does 2022 hold for the retail industry? Retailers are grappling to evaluate with the right network across a blend of large warehouses, smaller localised fulfilment centres and deliveries from stores. decision making.?In consumer survey?we

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Social Commerce Payment Services Consumer Shopping 105

Retail TouchPoints

JANUARY 4, 2022

Do you believe this will change, or most importantly, simplify, in 2022? Future Commerce forecasts this trend will continue through 2022. We’re slowly being retrained to expect instant gratification and fulfillment, even online. RTP: What are your predictions for what 2022 will bring for the retail industry?

Consumer 305

Consumer Customer Experience Marketing Fulfillment 305

Retail TouchPoints

AUGUST 6, 2024

Amazon’s vast marketplace, combined with its rapid fulfillment and Prime business, effectively calcified its position. ecommerce market with TikTok Shops, delivering the most complete social commerce experience to date. in Sept 2022. Now, we’re witnessing a new wave of ecommerce in the U.S. driven by Chinese competitors.

Advertising 230

Advertising Fast Fashion Social Commerce Marketing 230

Retail TouchPoints

AUGUST 9, 2022

You want to also offer consumers something that hasn’t been fulfilled by their current options.” For example, social commerce is a “big thing” in China, Ahluwalia noted. “You want to embrace these two things and ensure it’s not just about the fact that it’s global,” Thomas said.

Social Commerce 251

Social Commerce Returns Consumer Marketing 251

Retail TouchPoints

OCTOBER 7, 2022

The integration at The Independent launched in September 2022 with a set of participating brands including Weekday , ARKET , Panda , Facegym , Love Brand & Co. The integration at The Independent launched in September 2022 with a set of participating brands including Weekday , ARKET , Panda , Facegym , Love Brand & Co.

Merchant Services 229

Merchant Services Checkout ATS Fulfillment 229

Retail TouchPoints

DECEMBER 2, 2022

The company’s website, built on WooCommerce , features all 2,000+ items carried in the store, and orders are fulfilled directly from the store itself. We’ve always just relied on word of mouth, and for a local neighborhood shop in 2022, word of mouth is social media ,” said Skye.

Social Commerce 247

Social Commerce Clienteling Location Shopping 247

Retail TouchPoints

SEPTEMBER 12, 2023

Brands have been clamoring to sell on TikTok almost from the moment the platform began its meteoric rise and the #TikTokMadeMeBuyIt hashtag proved its commerce potential. in November 2022. Now it’s here: first launched in the UK and several Asian markets, TikTok Shop was quietly made available in the U.S.

Merchant Services 223

Merchant Services Payment Services Shopping Checkout 223

Retail TouchPoints

APRIL 20, 2023

These markets offer a level playing field where digital commerce is everything, most major players are relative unknowns and companies will need to develop new strategies to succeed, according to The Next Billion Consumers: A Fast Growing Opportunity for Digital Commerce report from Accenture.

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Fulfillment Consumer Marketing Point of Sale 275

Retail TouchPoints

AUGUST 24, 2023

Brands have been clamoring to sell on TikTok almost from the moment the platform began its meteoric rise and the #TikTokMadeMeBuyIt hashtag proved its commerce potential. in November 2022. Now it’s here: first launched in the UK and several Asian markets, TikTok Shop was quietly made available in the U.S.

Shopping 186

Shopping Merchant Services Fulfillment Social Commerce 186

Retail TouchPoints

AUGUST 11, 2022

Parachute plans to double its physical store footprint and reach 30 operational stores by the end of 2022. All digital platforms and stores aim to fulfill this vision by creating an aesthetic of comfort, relaxation and everyday luxury. “We Comfy clothes help make a comfy home, right?) Lesson 2: Translate Your Online Brand to the Store.

Location 231

Location Marketing Fulfillment Social Commerce 231

Retail TouchPoints

MAY 9, 2023

Third-party suppliers then access these demand metrics through the system and let the brand know whether they have the capacity to fulfill that demand for production. Priority 3: Localization Order fulfillment and transportation management play a big role in the sustainability conversation, and SHEIN shared that it would spend $7.6

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Fulfillment Fashion Apparel Fast Fashion 224

Retail TouchPoints

JULY 1, 2022

Indeed, the retailer has shown a strong commitment to technological innovation, although much of it has been focused on customer-facing functionality both in its stores and online, including: Announcing plans to add three additional engineering sites, with plans to hire 1,000 technologists , in April 2021; Debuting immersive video commerce experiences (..)

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Home Furnishings Planning Location ATS 237

Retail TouchPoints

JANUARY 4, 2024

Consumers responded to steep discounts in key ecommerce categories, including electronics, where discounts peaked at 31% off listed prices (versus 25% in 2022); toys ( 28% versus 34% last year); and apparel ( 24% versus 19% ). Other key data points for holiday 2023: Mobile commerce overtook desktop, clocking 51.1%

Payment Services 233

Payment Services Apparel Consumer Shopping 233

Retail Minded

JANUARY 21, 2022

And, while the current retail industry all too often has frustrating experiences to manage – including empty store shelves, hiring instability, and rising inflation – I believe that with great challenges also come great opportunities and NRF 2022 certainly reinforced this sentiment for me this year. Live selling capabilities.

Payment Services 52

Payment Services Social Commerce Merchant Services Fulfillment 52

Inside Retail

NOVEMBER 7, 2022

Meanwhile, the gross merchandise value (GMV) of Southeast Asia’s e-commerce market is expected to grow by a CAGR of 17 per cent from US$129 billion in 2022 to US$280 billion in 2027, and the number of digital consumers in the region is expected to grow to 370 million by the end of 2022. The e-commerce factor.

ATS 130

ATS Social Commerce Consumer Promotions 130

Retail TouchPoints

NOVEMBER 14, 2023

In July 2022 Amazon filed a lawsuit against the administrators of more than 10,000 Facebook groups that try to orchestrate fake reviews in exchange for money or merchandise. In October 2022 , the Federal Trade Commission revealed that it was exploring new rules to deal with unfair reviews and endorsement practices.

Fast Fashion 195

Fast Fashion Customer Experience Promotions Consumer 195

Inside Retail

FEBRUARY 27, 2023

Australia Post’s 2022 e-commerce industry report told us that online retail sales represent around 20 per cent of total retail sales , with shopping habits being reformed during the pandemic. However, over the 12-month period from November 2021 to November 2022, online purchases were down 3.8

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Payment Services Social Commerce Promotions Department Stores 130

Retail TouchPoints

FEBRUARY 9, 2022

Plenert discussed the happy convergence of luxury and pop-ups and shared his thoughts about which design trends are likely to remain strong in 2022. RTP: What are some retail design trends you think will be strong in 2022? Retail TouchPoints (RTP): What makes pop-ups a good fit for the luxury sector?

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Visual Merchandising Location Shipping Shopping 242

Retail TouchPoints

DECEMBER 21, 2023

BB&B had been in decline over the past few years, fueled in part by an ill-fated foray into private label that began in March 2021 along with store closures and layoffs followed disappointing financial results in August 2022.

Sporting Goods 267

Sporting Goods Advertising Consumer Apparel 267

Inside Retail

MARCH 2, 2022

Our retail and industrial arms offer fulfilment by Mirvac. ARO: What innovations are coming up for Mirvac in 2022? One of the movements we are heavily investing in is fashion start-ups and social-commerce platforms that connect brands with humans. Dynamic storage options for partners.

Shopping 130

Shopping Fashion Social Commerce Fulfillment 130

Retail TouchPoints

APRIL 13, 2021

The 15 sessions, now available on demand, encompass critical areas of the retail enterprise, including: customer loyalty strategies; visual tech developments such as AR and 3D modeling; fulfillment and delivery management; the power of social networks; fast-growing Buy Now, Pay Later services; and the all-important customer experience.

Consumer 135

Consumer Payment Services Fulfillment Advertising 135

Retail TouchPoints

AUGUST 30, 2023

However, 49% provide specific delivery dates during checkout, providing confidence and transparency, up from 37% in 2022, an option increasingly important to shoppers. Although there was an increase in same-day delivery to 33%, only 44% today offer next-day delivery (61% in 2022).

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Checkout Shipping Customer Experience Point of Sale 198

Retail TouchPoints

JANUARY 24, 2023

IKEA , which already had a resale program in the form of its “As Is” section, expanded in 2022 to include buyback and refurbishment services. of Digital Merchandising and Marketing, Nordstrom Resale is going to be a big value-driving initiative for many retailers.

Home Furnishings 253

Home Furnishings Advertising Consumer Customer Experience 253

Retail TouchPoints

APRIL 14, 2023

One of the newest entrants in the space is Shoptrue , which launched in open beta in November 2022. We have unified checkout, which allows users to add items from multiple merchants to the same cart, but those orders are placed with the various merchants, and then the merchants fulfill them directly,” explained Evans.

Fashion 227

Fashion Shopping Merchant Services Consumer 227

Retail Geek

APRIL 8, 2022

A weekly podcast with the latest e-commerce news and events. In episode 290 we recap all the key trends and news from the ShopTalk 2022 tradeshow. Episode 290 of the Jason & Scot show was recorded on Thursday April 8, 2022. ShopTalk held it’s first in-person show since 2019, May 27-30th in Las Vegas. Transcript.

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Payment Services Merchant Services Consumer Fulfillment 59

Retail Assist

JANUARY 12, 2023

Social Commerce. In 2021, US consumers spent $37bn on goods and services purchased through social-commerce channels, expected to hit $80bn and $2 trillion globally in 2025. Levelling up the social commerce space is live commerce. in November 2022. Return options. for a return.

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Retail Trends Social Commerce Returns Department Stores 52

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. Marketplaces enjoyed a surge in 2022 and this trend is likely to continue. ESG (Environmental, Social & Governance).

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Customer Retention Payment Services Loss Prevention Checkout 52

Retail Geek

JANUARY 20, 2023

A weekly podcast with the latest e-commerce news and events. Episode 301 is our annual predictions episode for 2023 and a recap of our 2022 predictions. We also recap the full retail year for 2022 and the NRF Big Show. Get more efficient about fulfilling omni-channel order stuff so automation was a big theme.

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Social Commerce Fulfillment Drop-Shipping ATS 52

Retail Geek

AUGUST 20, 2022

A weekly podcast with the latest e-commerce news and events. Episode 295 is a recap of Walmart and Target earnings for Q2 2022, as well as USDC July retail data. Episode 295 is a breakdown of Walmart and Target Q2 earnings, as well as the US Department of Commerce retail sales data for July. Transcript.

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Consumer Wholesale Drop-Shipping Social Commerce 83

Retail Geek

FEBRUARY 28, 2023

In this episode we cover: Amazon Q4 Earnings Walmart Q4 Earnings US Department of Commerce Q4 e-commerce data Discussion of Temu and other Social Commerce News Don’t forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. more than 20 21 largely because 2021.

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Apparel Drop-Shipping Social Commerce Shipping 52

Retail Geek

OCTOBER 6, 2022

We also discuss the latest news (and controversies) around Facebook and TikTok pulling back from some social commerce initiatives (and pressing forward with others). Episode 297 of the Jason & Scot show was recorded on Tuesday October 4, 2022. Transcript. Scot: [33:12] Tell it a lot to unpack there the.

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Social Commerce Merchant Services Shopping Dead-Stock 52