In the first half of 2020, consumers purchased more than $1 billion worth of products from original rewardStyle influencer content, and are projected to purchase nearly $2.5 billion by the end of 2020. Today, the LIKEtoKNOW.it shopping app is responsible for driving 50 percent of that, with sales across blogs and other social platforms contributing to the balance.
At launch, five thousand retailers are integrated for LTK Shopping Video, making hundreds of millions of products across fashion, home, beauty, fitness and family searchable, discoverable and shoppable by consumers, and notably, commissionable for LTK influencers.
In case you are keeping track:
Tight Race For Shopping Apps In Latest Ranking | PYMNTS.com
It's a time of shakeups, as we know, what with COVID-19 and its attendant weirding of markets and brands. We're tracking big changes in the latest PYMNTS Provider Ranking of Shopping Apps , where an intense rivalry for America's digital shopping dollars is breaking out big-time.
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Instant payouts have become the name of the game for vendors and suppliers facing crumbling revenue streams, but banks can find themselves struggling to facilitate faster B2B payments. In this month's The FI's Guide to Modernizing Digital Payments, PYMNTS talks to Vikram Dewan, Deutsche Bank’s chief information officer , about how regulatory compliance complicates payments digitization — and why change must begin with shifting away from paper.
5 Ways Back-to-School Shopping Is Totally Different This Year
In simpler times, back-to-school shopping for many American students meant a trip to local stores to pick out supplies like binders , backpacks and clothes.
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Of course, 2020 is again the exception to the rule. Research shows pandemic-fueled uncertainty has upended the annual shopping event.
Back-to-school shopping has been both delayed and extended this year. Kate Muhl, vp analyst at research firm Gartner, described the 2020 season as "diffuse.” Some shoppers got their lists checked off early, while others are waiting until the start of the school year—an ambiguous date in some parts of the country.
Online Grocery Shopping Switch 'Irreversible' According to New Study
Companies that have offered online shopping have prospered during the coronavirus pandemic. Walmart saw e-commerce sales surge 97 percent during the second quarter. Its revenue of $137.74 billion was well above analysts' expectation of $135.57 billion. E-commerce king Amazon reported $75.5 billion in revenue in the first quarter, again beating analysts' estimate of $74.2 billion.
Ocado, a popular online grocer in the U.K. and Europe, also saw a massive jump in sales. The first half of 2020 saw sales jump 27 percent to more than 1 billion British pounds ($1.3 billion). "The world as we know it has changed," CEO Tim Steiner said of the results. "As a result of Covid-19, we have seen years of growth in the online grocery market condensed into a matter of months, and we won't be going back.
In case you are keeping track:
Destination Indiana: Historic New Harmony offers history, outdoor recreation, and shopping |
NEW HARMONY, Ind. (WEHT) — A popular wedding venue in Southwestern Indiana also offers a history lesson, outdoor recreation, and shopping. Nestled deep in Posey County along the Wabash River is the community of New Harmony.
When you walk through town, one thousand years of history will greet you. Everything from the Native Americans to the Harmonist Society at the beginning of the 1800’s through the Owen period.
For almost 20 years Jeff and Cindy Smotherman have called New Harmony home, owning Firehouse Antiques. “It’s just special that everyone looks out for one another,” said Jeff Smotherman. “Kind of pulls for one another for the most part.
Project for All Says 'Shopping Is Donating' | The East Hampton Star
A new local nonprofit is bringing together graphic designers, artists, and student activists to raise money for communities and groups affected by Covid-19.
Project for All is part of a growing phenomenon of social entrepreneurship enterprises. According to Social Enterprise Alliance, a national organization, these groups give "a portion of their profits to nonprofits that address basic unmet needs."
"I was actually having a phone call with my close friend Max Micalleff, and he came up with the idea very nonchalantly," Ms. Kot said. "The idea stemmed from us both being activists and wanting to do something to help others during the coronavirus pandemic. We wanted to do something that was unique and supported many causes."
Fabulous shopping opportunities in the Hotel District | WOODTV.com
GRAND RAPIDS, Mich. (WOOD) – Whether you’re shopping for yourself or someone else, a great place to go is the Hotel District Grand Rapids!
You’ll be able to find cool, locally-owned stores that are just steps away from other great things like restaurants, parks and entertainment.
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GRAND RAPIDS, Mich. (WOOD) - Now more than ever, people are looking to get out of the house, go on an adventure and have a little fun! There's so much to do and see right here in Grand Rapids, specifically in the Hotel District. There are many ways to step out, be socially distant and check out some incredibly unique places.
Tanger's Remote Stylists Will Do Customers' Outlet Shopping for Them
Online customers can put shopping into the hands of on-site stylists and leave browsing through the outlets to the pros
Tanger Outlets' virtual service helps shoppers continue to find the deals they want while staying safe at home, and are just one of the innovative examples PSFK researchers identified for a recent report about encouraging consumer confidence in their purchases made remotely—check out more research here .
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