80%: Portion of global FI execs who believe banks will profit from embracing platform business models.
Other things to check out:
How This Company Is Boosting Ecommerce Revenue by Using AI
Omri Katz says a common problem when it comes to ecommerce is converting a user into a customer. When someone visits an online store, “98% of online users will leave the online store without completing a purchase,” Katz says.
“That means that all of the money that they invest in user acquisition, all of the money that they invest in retention, probably will go to waste,” Katz says.
Retail Investors Focus on Bridging E-Commerce and Retail | GlobeSt
Outdoor shopping centers, fulfillment centers and multifamily are all options to repurpose indoor malls.
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GlobeSt. Real Estate Forum is seeking professionals and companies that have made a notable impact on the industry through innovative efforts. The series' submission deadline is approaching on October 16.
Is product selection a headache? Is project approval a nightmare? Is the solution landscape a maze of options? Is innovation a bad word? It doesn’t have to be...
Worldline and BRIDGE: introducing modern transport ecommerce | Digital Payments | Fintech Magazine
Two payments and transactions services companies - Worldline and BRIDGE - have partnered to accelerate the potential of mobility-as-a-service (MaaS)
Specifically, BRIDGE will be integrating elements of its payment orchestration system into Worldline's ecommerce platform for UK rail.
As consumer experience is continually shaped by exemplars of the digital experience (such as Amazon), these two collaborators are acutely aware that expectations for an equivalent in transport-based ecommerce are growing.
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Ecommerce tech firm VTEX gets $225 million
VTEX—a provider of ecommerce software integrated with software for operating an online marketplace and an order management system—announced today $225 million in funding from technology investors. The funding values VTEX at $1.7 billion, VTEX said.
VTEX's executives said the funding will help the technology firm bring its ecommerce platform to more companies as they address the ongoing challenges of maintaining and expanding their markets.
Grocery ecommerce picking up for FMCG companies - The Economic Times
Executives said the growth is not coming at the cost of neighbourhood stores or kiranas, which continue to grow, but that shopping patterns have shifted from modern trade to online, with newer categories and consumers.
Three ecommerce tactics to boost your sales this festive season – Econsultancy
As Black Friday approaches, ecommerce businesses are preparing for the arrival of peak shopping season. And with factors such as huge online demand and a glut of excess stock as a result of Covid-19, many retailers and brands are anticipating this year’s peak shopping season to be a big one.
Research from Fresh Relevance’s The New Normal Festive Shopping Report backs this up, with survey data revealing that more consumers will do their festive shopping online this year. What’s more, online retailers are also presented with the opportunity to convert new customers, as 25% of shoppers plan to use Black Friday and Cyber Monday to buy from retailers they haven’t purchased from before.
Small Business Retailer Registration Now Open for New E-Commerce Solution That Offers Revenue
MainstreetEXPO.com is now undergoing testing with merchants from Colorado , Montana , New Mexico , Texas , Maryland and Massachusetts. Shopping capability comes online October 15, 2020 .
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Efforts are underway to promote the site to shoppers, city governments, chambers and regional business development entities. While capabilities will change, the site's bedrock ethos is to always put its small merchants first.
"We went from whiteboard to launch in 30 days because we care fiercely about seeing our small businesses survive COVID and thrive after COVID," added Sandoval . "These merchants need a solution yesterday. "
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