The increased presence of shoppers flocking to online markets has created a thunderous e-commerce tsunami: a study from Nora Advisor reports that the global 2020 B2C e-commerce market gathered revenue around USD 4.1 trillion.

The increased presence of shoppers flocking to online markets has created a thunderous e-commerce tsunami: a study from Nora Advisor reports that the global 2020 B2C e-commerce market gathered revenue around USD 4.1 trillion.
Major credit bureaus Equifax, Experian, and Transunion have announced they will be including BNPL loans on credit reports. This shift comes at an inopportune time for online retailers, as ecommerce is already slowing down – in part due to inflation, and in part due to the fact that it can’t fully replace the ability to see and try items in person.
As retail evolves from using “just in time” demand fulfillment to “on demand” fulfillment, where a growing number of purchases are made online or via apps, 3D printing further gains in relevance.
During the pandemic online sales increased as people went from shopping in store to shopping online and had more time to shop. More than 30 percent of the luxury market by 2025 will be online. By 2025, it’s going to make up 60 percent.
Gen Z’s spend an average of eight hours on the Internet daily, giving brands many opportunities to interact with their prospective customers. But, Gen Z is a savvy demographic where traditional marketing does not work.
The future of cash back is for everyone. There is a democratization of rewards bringing high end reward products, like reward cards and reward programs, available to everyone. You no longer have to have a Sapphire or Gold card to get perks and rewards anymore.
By implementing technologies like ZeroShotBot, business leaders can rest easy knowing that the bulk of their customer service is handled automatically, while also reaping the benefits of freed up resources, time, capital and staff that come as a result.
Thanks to machine learning, we’ve gained insights to help retailers stay a step ahead of fraud and deliver frictionless shopping in the new year.
The Christmas shopping season is almost here and it’s going to be insane. Everything from PS5’s to nap dresses and sneaker releases are expected to be scooped up by grinch bots that will be taken to the resale market for an insanely inflated price. Retailist recently talked to Niels Henrik Sodemann, co-founder and CEO of Queue-it, who has valuable tips for consumers looking to snag their most wanted items this season before the bots do.
Major brands are increasingly focusing marketing attention on loyalty and rewards programs, especially as advertising gears up to take a hit with a move to cookie-less tracked world. Enter marketplaces: marketplaces are quickly emerging as a way to allow brands to satisfy revenue and increasing loyalty demands from customers.