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Brick-and-mortar retail stores are struggling to keep up with e-commerce due to the simplified shopping experience the channel provides. But the glory days of in-store shopping don't have to be behind us. Check out Chain Store Age for GK's Orit Bar-Ad's advice on how stores can move at the speed of digital shopping: https://ow.ly/cFiW50S0q8X #retail #ecommerce #retailinnovators

The Role of E-commerce in Transforming Traditional Retail: Challenges and Opportunities ?E-commerce?has significantly transformed the retail landscape over the past decade. With the rise of??online shopping, traditional brick-and-mortar stores are adapting to new consumer behaviors and expectations. This article explores how e-commerce is reshaping traditional retail, the challenges it presents, and the opportunities it creates for businesses in this ever-evolving marketplace. #Ecommerce #TransformingTraditional #Retail https://lnkd.in/dW8_mFkt

The boom of retail media in recent years, in tandem with the rise of social shopping, has made e-commerce a vital part of the retail industry. This year alone, e-commerce sales are estimated to exceed?USD$4.1 trillion?(￡3.2 trillion) worldwide and are expected to continue growing. In the feature, Lea Karam, Consulting Director at?Behave, takes a look at the innovations that will define the future of retail and ecommerce. #adtech #retail #retailmedia #ecommerce

To compete with online shopping, retailers must use innovative approaches. More businesses are adopting phygital retail to attract customers. APU's Dr. Cynthia Silvia explains #PhygitalRetail and how it has reshaped the retail industry: https://ow.ly/OJKW30sCu65 #APUinsight #retailmarketing

?? How Online Shopping is Revolutionizing Retail ?? Online shopping has redefined the way we shop, transforming the retail industry into a dynamic, customer-centric ecosystem. What started as a convenient way to avoid store crowds has now evolved into a multi-billion-dollar industry reshaping global commerce. Here’s how online shopping is changing the game: 1?? 24/7 Accessibility Retailers are no longer bound by opening hours. Online stores operate round the clock, letting customers shop whenever it suits them—whether it’s during lunch breaks or late at night. 2?? Personalization at Scale With AI and data analytics, online platforms now recommend products tailored to individual preferences. From suggested items to personalized discounts, shopping feels more intuitive and engaging. 3?? Global Marketplace E-commerce connects buyers and sellers from across the globe. Small businesses can now access international audiences, while customers have access to products they could only dream of a decade ago. 4?? Cost Efficiency Online stores save on overhead costs like rent and utilities, passing on the savings to customers through better deals, discounts, and competitive pricing. 5?? The Rise of Convenience With features like fast shipping, easy returns, and even subscription services, online shopping is built to make life easier. You can purchase essentials, luxury items, and everything in between without stepping outside. 6?? The Omni-Channel Revolution Online shopping doesn’t replace brick-and-mortar—it enhances it. Retailers now integrate digital and physical experiences, such as online ordering with in-store pickups, creating a seamless shopping journey. 7?? Sustainability Efforts E-commerce giants are investing in eco-friendly practices, from using recyclable packaging to offering carbon-neutral delivery options, aligning with the growing demand for sustainability. What Does This Mean for Retail? Retailers must embrace digital transformation to stay competitive. Online shopping isn’t just a trend—it’s the future. Businesses investing in innovative technologies, customer experience, and digital marketing are better positioned to thrive in this new era. The retail world is more exciting and accessible than ever, thanks to the power of online shopping! #OnlineShopping #ECommerce #RetailRevolution #InnovationInRetail

What do customers need in 2024? E-commerce continues to grow in strength and change dynamically. Customers love the wide selection offered by online stores, the ability to compare prices, and excellent product availability. This is especially true for international brands. Customers enjoy sourcing goods from all over the world, and thanks to the internet, they are within reach . That’s why international partnerships are a key trend in the world of e - commerce. Retro style is also making a comeback Clothes, CDs, cars – we love everything vintage! Retailers are increasingly using technologies like AI and optimizing supply chains and warehouse networks to meet customer expectations. Many are also focusing on creating personalized offers and shopping experiences. If you want to learn more about the role of technologies like augmented reality and AI in the world of e-commerce, check out the linked article. #Mastercard #ecommerce #retail #online #shopping #payment

In-Store Pickup, Online Bliss: The New Retail Paradigm Store owners once viewed e-commerce as a mounting threat to their survival. Now, more bricks-and-mortar stores are thriving after integrating their properties with the online shopping experience. E-Commerce & Retail Integration: Bricks-and-mortar stores are no longer just physical spaces for shopping; they are increasingly becoming essential components of the e-commerce ecosystem. Retailers are integrating their online and offline channels to create a seamless shopping experience for customers. This integration allows customers to browse products online, make purchases, and choose between home delivery or in-store pickup. Store-Fulfillment Growth:Last year, nearly 42% of e-commerce orders involved physical stores in some way. This is a significant increase from 27% in 2015. Retailers are leveraging their existing store networks to fulfill online orders more efficiently. In-store fulfillment centers help reduce shipping costs and delivery times, especially for local customers. Advantages of Physical Presence: Having physical stores provides several advantages for retailers: Customer Acquisition: Physical stores attract foot traffic, which can lead to new customers discovering the brand. Brand Experience: In-store experiences allow customers to interact with products, try them out, and receive personalized assistance. Returns and Exchanges: Customers can conveniently return or exchange items at physical stores. Reduced Shipping Costs: In-store pickup options reduce the cost of last-mile delivery. Omnichannel Expectations: Customers now expect a seamless omnichannel experience. They want the flexibility to shop online, pick up in-store, or have items delivered to their doorstep. Retailers that successfully blend their online and offline channels can meet these expectations and retain loyal customers. In summary, the synergy between e-commerce and physical retail stores is reshaping the way consumers shop, and retailers are adapting to meet these changing demands. #economy #ecommerce #retail #technology #cre #cref #wsj https://lnkd.in/e9Qq6eXT

Can you imagine a world without online shopping? The line between online and offline shopping is blurring! Shopping cart technology, once a staple of e-commerce, is making its way into physical stores. This tech integration aims to enhance the shopping experience, making it more seamless and efficient, whether you're clicking or walking through aisles. How do you think this blend of virtual and physical shopping will shape the future of retail? #ShoppingTech #RetailTech #ExpertlyManagedIT #ITSupport https://lnkd.in/e_2WD28G

A recent report "Retail Resilience" examines significant transformations in the retail sector, driven by the rise of e-commerce, demand for sustainable products, and Brexit implications. Despite online shopping's growth, in-store shopping remains popular, with consumers completing 59.1% of their shopping in physical stores. This preference increases during peak seasons, particularly among Gen Z and Millennials, highlighting the importance of the in-store experience, especially in grocery, clothing, and food and beverage sectors. Key findings of this report include: ? Efficiency is crucial, with 57.5% of shoppers preferring to spend no more than 30 minutes per visit. ? Queuing times impact shopping behavior significantly, with 35.1% unwilling to wait more than five minutes, often leading them to abandon purchases or seek alternatives online. ? Grocery stores enjoy the most loyalty, while food and beverage outlets face higher abandonment rates due to long queues. Two apps (StoreGeni and Click & Collect by StoreGeni) are available to all retailers to drive in-store efficiency, reduce queuing time, increase customer satisfaction and overall retailers' revenue. StoreGeni App: Enhances in-store experiences, streamlines checkout processes, and reduces queuing times. Click & Collect by StoreGeni: Facilitates a seamless online shopping experience with easy setup and real-time tracking. #retailinnovation #clickandcollect #retailresilience #customerexperience #instoreshopping #retailtechnology #retailtrends #ecommercesolutions https://lnkd.in/e8sN5JcE

Feeling lost in the crowded eCommerce market? One-size-fits-all shopping experiences are a thing of the past! Hyper-personalization can transform your business. Dive into our latest blog post to discover the significance of hyper-personalization, its advantages, and how to get started. Read it here: https://lnkd.in/gcZY84HD #ecommerce #retail #hyperpersonalization