Inside Retail

NOVEMBER 7, 2023

Smthgood is a social commerce platform that combines user-generated lookbooks with a fashion marketplace that is focused on conscious fashion brands. This environmentally and socially conscious generation is driven by values.

Social Commerce 264

Social Commerce Fashion Accounting Accessories 264

Retail TouchPoints

FEBRUARY 21, 2023

Recent headlines about Meta ’s Instagram and Facebook doing away with shopping features on their platforms might appear to be a retreat in the social commerce wars. Social commerce sales in the U.S. Social commerce sales in the U.S. In fact they are anything but — and with good reason.

Social Commerce 246

Social Commerce Advertising Merchant Services Shopping 246

Retail TouchPoints

JUNE 7, 2021

The increase in social media usage, combined with a tandem increase in online purchasing, proved to be the push both consumers and brands needed to move into the burgeoning realm of social commerce. after Google, accounting for 25.2% Trust Plays a Big Role in Consumers’ Willingness to Shop on Social.

Payment Services 249

Payment Services Social Commerce Consumer Advertising 249

Retail TouchPoints

JANUARY 13, 2025

According to the latest data from the National Retail Federation (NRF), merchandise returns are projected to reach an astounding $890 billion in 2024, accounting for approximately 16.9% With the holiday season just concluded, the challenge of managing merchandise returns is a reality for many retailers.

Returns 298

Returns Social Commerce Checkout Shopping 298

Wiser

APRIL 3, 2023

This is social commerce. What Is Social Commerce? Social commerce, also referred to as social shopping, allows brands to sell their products direct-to-consumers through social media platforms. It’s important to note that social commerce is related to, but not the same as, eCommerce.

Social Commerce 167

Social Commerce Advertising Promotions Payment Services 167

Retail TouchPoints

FEBRUARY 26, 2025

Organized fraudsters use search and social media ads to deceive customers into clicking through to fake websites that steal their payment data, account login credentials or both. In fact, 16% of respondents from the consumer attitudes survey said theyd been the victim of social commerce fraud in the past year.

Payment Services 236

Payment Services Returns Accounting Shipping 236

Inside Retail

JANUARY 16, 2022

During periods of lockdown, social media emerged as a key form of communication, opening an opportunity for retailers to accelerate the development of social commerce in the APAC region. China continues to lead the world in social commerce. This growth was largely driven by Covid-19.

Social Commerce 130

Social Commerce Beauty and Health Payment Services Accounting 130

Inside Retail

AUGUST 20, 2024

To become a household name, Temple & Webster is focussing its social commerce efforts on Instagram while keeping an eye on the up-and-coming markets that TikTok could help it unlock. Social commerce is only going to become bigger and a more important part of the [marketing] mix.”

Social Commerce 278

Social Commerce Accounting Marketing Shopping 278

Inside Retail

MARCH 29, 2022

Social commerce, or purchasing products and services within social platforms, represented just 4 per cent of the US retail e-commerce market in 2021. Millennials’ and Gen Z’s reliance on social media and willingness to make in-app purchases are fuelling wider adoption – and a sort of transformation.

Social Commerce 130

Social Commerce Advertising Checkout Shopping 130

Inside Retail

FEBRUARY 2, 2025

Social commerce will dominate By 2029, social commerce driven by platforms like TikTok and Instagram will account for a substantial share of Gen Zs purchases. Invest in shoppable content and seamless checkout features within social media platforms.

Social Commerce 130

Social Commerce Payment Services Beauty and Health Checkout 130

Retail TouchPoints

NOVEMBER 13, 2023

Meta and Amazon have quietly debuted a new closed-loop social commerce experience that allows Facebook and Instagram users to link their social media accounts to Amazon so they can make purchases directly in-platform. You can check out with Amazon without leaving Facebook or Instagram, and experience more relevant ads.”

Social Commerce 278

Social Commerce Merchant Services Accounting Checkout 278

Inside Retail

JULY 26, 2021

With borders shut daigous and P2P accounts on Taobao have anchored into selling us everything from apparel to infant milk formula. China apparel brand Peacebird has mobilized employees to push out promotions to their social circles. The post Analysis: The many faces of social commerce in China appeared first on Inside Retail.

Social Commerce 130

Social Commerce Advertising Apparel Accounting 130

Independent Retailer

FEBRUARY 15, 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. . trillion in 2022.

Social Commerce 98

Social Commerce Payment Services Marketing Fulfillment 98

Retail TouchPoints

AUGUST 3, 2022

Prisma Ventures will partner with early-stage startups, primarily those in the Seed or Series A funding rounds, in four key areas: Personalized and data-driven technology; AR, VR and the metaverse; Technology-powered custom beauty products and in-store services; and Social commerce.

Social Commerce 298

Social Commerce Accounting Marketing Planning 298

Retail TouchPoints

OCTOBER 17, 2024

Qualified influencers will be able to create custom shoppable storefronts featuring Foot Locker products, and then link to that storefront from their social media accounts as well as tag specific products they mention.

Marketing 288

Marketing Accounting Location Fashion 288

Inside Retail

MAY 30, 2024

In Southeast Asia’s top six countries – Indonesia, Thailand, Vietnam, Malaysia, the Philippines, and Singapore – retail e-commerce sales will rise from $93 billion in 2023 to $193 billion in 2028. trillion by 2028, accounting for 28 per cent of total US retail sales. In the US, online retail sales are expected to reach $1.6

Social Commerce 261

Social Commerce Accounting Consumer Marketing 261

Retail TouchPoints

SEPTEMBER 14, 2022

Unfortunately that ancient (1989) bit of cinematic wisdom hasn’t exactly held true in the modern field of social media, where platforms including TikTok , Facebook and Instagram are increasingly pulling back on social commerce initiatives that have failed to attract enough of the right players. is livestream shopping.

Social Commerce 278

Social Commerce Shopping Advertising Consumer 278

Retail TouchPoints

FEBRUARY 23, 2022

The issue with this is that both retailers and customers have to have accounts set up in the same exchange platform. There are already a few platforms that accept crypto payments, including Bitpay and Coinbase. But for now there are very few alternatives that aren’t third-party hybrid providers.

Payment Services 360

Payment Services Checkout Telecommunications Social Commerce 360

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 Before rising in the influencer ranks with her account @NYCfitfam, she had approximately 20 years’ experience in public relations. “I

Social Commerce 302

Social Commerce Accounting Marketing Planning 302

Retail TouchPoints

JULY 12, 2021

The new funding is a major vote of confidence in the potential of digital commerce in India, still a relatively nascent market. Brick-and-mortar dominates the retail scene, with ecommerce projected to account for just 7% of sales this year, up from 3% in 2017. billion population, but still with plenty of room for growth.

Wholesale 309

Wholesale Social Commerce Fashion Consumer 309

Retail TouchPoints

FEBRUARY 26, 2025

With more than one-third of the worlds population already regularly playing, gaming is the fastest-growing segment of entertainment, and yet commerce activations in these environments even non-endemic advertising plays remain scarce. And as far as ad formats go, theres not a display banner in sight in Walmart Unlimited.

Advertising 173

Advertising Accounting Marketing Consumer 173

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 278

Social Commerce Accounting Marketing Consumer 278

Retail TouchPoints

JUNE 22, 2022

Shopify has launched a number of new integrations aimed at helping retailers meet shoppers wherever they are — across social media, stores and in-person events.

Merchant Services 289

Merchant Services Payment Services Social Commerce Shopping 289

365 Retail

MARCH 5, 2024

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.

Social Commerce 69

Social Commerce Shipping Accounting Point of Sale 69

Inside Retail

FEBRUARY 20, 2025

Data analytics firm Euromonitor International stated that, in 2023, single-person families accounted for one-fifth of all households worldwide. Digital commerce is crucial in the singles economy, with 90 per cent of Singles Day sales coming through mobile devices.

Social Commerce 130

Social Commerce Consumer Marketing Accounting 130

Retail TouchPoints

APRIL 21, 2021

Pinterest also is launching multi-feed support for Catalogs, a new feature that will help businesses easily upload their products in multiple product feeds within the same Pinterest Business account. Shopify merchants, as well as any retailer with a Pinterest business account, can now add up to 20 product feeds to their account.

Marketing 321

Marketing Accounting Advertising Consumer 321

Retail TouchPoints

OCTOBER 10, 2023

eMarketer expects retail mobile commerce sales to account for 43.4% In 2024, mobile commerce sales are expected to hit $534.18 That’s due to the growing complexity of how traffic gets routed to mobile apps, whether that’s via social commerce, affiliate links, influencer content, CRM marketing or some other means.

Payment Services 264

Payment Services Social Commerce Accounting Customer Experience 264

Retail TouchPoints

JULY 30, 2021

accounted for $5 billion of Alibaba’s total $74.1 of all social commerce sales this year. Account for the Scale and ‘Flash Sale’ Vibe of 11.11 And while you can’t just set up a Tmall account like you can an Amazon one, the platform is no longer invite-only. During last year’s 11-day 11.11 In fact, the U.S.

Merchant Services 279

Merchant Services Accounting Social Commerce Payment Services 279

Retail TouchPoints

AUGUST 8, 2023

Other blockers to potential sales include technical issues or discount codes not working (19%) and being forced to create an account with a retailer or brand to continue with the purchase (18%). Social commerce, while still a newer concept for many, is expected to reach nearly $3.4

Social Commerce 246

Social Commerce Consumer Shopping Accounting 246

Retail Gazette

OCTOBER 1, 2024

Social commerce facilitates brand and product storytelling, creates authentic direct-to-consumer dialogues, and drives incremental sales. Rhys Harbinson, DTC Multichannel Manager of Sportswear giant PUMA, presents in conversation with Gustavo Mondo, Head of Fashion Key Account Management at TikTok Shop UK his path to success.

Social Commerce 52

Social Commerce Shopping Accounting Fashion 52

Retail Dive

MAY 18, 2022

Instagram celebrates 1 million followers on its Shop account as the social commerce industry is expected to grow.

Social Commerce 119

Social Commerce Shopping Accounting 119

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

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

DECEMBER 2, 2020

Social commerce plays a vital role in impulse buys because marketers can customize their messages and meet customers at the right time. Targeting consumers on social networking sites works. Research shows that a significant portion of social commerce revenue is attributed to impulse buying.

Social Commerce 259

Social Commerce Checkout Payment Services Consumer 259

Retail TouchPoints

APRIL 4, 2022

For example, New York State’s proposed Fashion Sustainability and Social Accountability Act would require many major brands to reduce greenhouse gas emissions and release climate and social impact disclosures. Companies no longer need a TV station or a cable channel and big-name celebrities to engage in live commerce.

Checkout 328

Checkout Drop-Shipping Customer Experience Shipping 328

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 200

Beauty and Health Accounting Social Commerce Advertising 200

Retail TouchPoints

AUGUST 6, 2024

ecommerce market with TikTok Shops, delivering the most complete social commerce experience to date. While Amazon might offer a discount to all customers, Shein and Temu treat sales and coupons as gated assets, with discounts typically only available for shoppers who open an account. Finally, TikTok has rapidly entered the U.S.

Advertising 278

Advertising Fast Fashion Social Commerce Marketing 278