Ecommerce Made Up 16.1% of US Total Retail Sales in Q2 As many Americans continue to stay at home, it’s no surprise that consumers spent heavily on ecommerce: In Q2 2020, US retail ecommerce sales grew by almost a third (31.8%) from the previous quarter, or 44.5% year over year. www.emarketer.com
‘E-commerce is expensive’: How invisible technology and infrastructure overhauls will save retail – Digiday Aside from DTC brands, there has been a slower adaptation of e-commerce from retailers and shoppers alike. That is until the pandemic hit. digiday.com
Global Ecommerce Sales Will Decelerate This Year While Some Markets Find Success Ecommerce has been a bright spot among retail channels during the coronavirus, as consumers became reliant on digital transactions amid physical store closures and fear of infection. www.emarketer.com
eMarketer Podcast: Getting and Keeping Customers in the Social Distancing Economy Shoppers’ routines have been disrupted, and many have tried new brands or digital retailers as a result. Jaysen Gillespie, vice president and head of analytics and data science at Criteo, joins Nicole Perrin, eMarketer principal analyst at Insider Intelligence, to discuss acquiring vs. retaining
The Rebirth of Experiential Retail COVID-19 has shut down the experience economy, but experiential retail will rise again following a digital rebirth medium.com
Facebook Will Look to Support New eCommerce Functionalities via Its Accelerator Program Facebook has announced a new commerce initiative within its startup accelerator program, which will look to fund innovative ideas in online shopping. www.socialmediatoday.com
How Digital Giants in China Are Helping Revive the Country’s Retail Sector China?s retail sector has been on a steady path to recovery over the past few months. According to June data from the National Bureau of Statistics (NBS) in China, retail sales experienced a year-over-year drop of 1.8%, reaching $485.30 billion (RMB3.353 trillion). That
Going Direct-to-Consumer: Making Ecommerce Work in 2020 Here we explain how and why brands are going Direct-to-Consumer in 2020, using robust customer insight to help make ccommerce work better for them. blog.globalwebindex.com
