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Global retail market generated $26T and is slated to cross the $30T mark by 2024. Discover the top UK retail companies and how they have survived the COVID-19 pandemic.
A "unicorn" is a privately-owned start-up company with a current valuation of over US $1B in the venture capital industry. There are more than 1,000 unicorn companies in early 2022, and this number is only slated to grow.
Any eCommerce store's success is influenced directly by the online marketplaces used by store owners to list products. If you are an eCommerce business owner and are looking for a marketplace to sell your products, here is a comprehensive list of the top 20 eCommerce marketplaces in 2022
Here's a list of eCommerce companies in the UK that are blazing new trails and redefining the face of eCommerce as we know it. These platforms have leveraged technology to deliver a superior, personalized consumer experience and stay ahead of the curve.
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Over 1.31 billion customers worldwide will be using a mobile payment app by 2023. The global mobile payment market will be larger than USD 3T by 2024. Understand the mobile payments segment better and the various challenges, trends, and opportunities in this essay.
Factual study of Global and the US Retail and eCommerce industry and five interesting stats on Amazon.
Online shoppers are becoming increasingly demanding, expecting brands to offer fast and free delivery as a standard, and expecting to see an estimated delivery timeline at checkout itself. The Covid-19 pandemic has not only accelerated demand in eCommerce causing a strain on shipping capacities but compelled many direct-to-consumer (DTC) brands to scale up to free shipping and quick delivery.
The dietary supplements market is poised to grow on the back of increasing cases of diseases such as obesity and other lifestyle disorders. The regulations on functional food and supplements by regulatory authorities like the FDA will fuel demand for dietary supplements during the forecast period
Dwayne Johnson, JLo, Rihanna, Queen B have their own fitness lines, and the activewear market is here to stay. Originally, activewear was clothing worn for exercise and athletic purposes. Today, however, it’s not just professional athletes and marathon runners who flock to Lululemon, Nike and Beyond Yoga. Activewear, in recent years, has become a thriving consumer market.
I have been thinking about creators. I am one: I put out an e-book on Gumroad about cold emailing. That is actually the low point of creativity in my whole life, considering I think I have it in me to be a scriptwriter
As is the case with eCommerce in general, the small fish greatly outnumber big fish, but just by how much is worthy of note in the case of Magento. Although Magento is used by fewer companies than Shopify, it has around 5% more merchants making >$1M in Web Sales.
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Digital advertising spend of DTC brands is predominantly less than $5000 per month. The big spenders you see are exceptions and they are not the rule. But they are the ones who are also omnichannel. How can omnichannel help small and mid-sized DTC brands?
The last five years, 2017-2021, has been a ‘coming of age’ period for several DTC brands. In addition to a lot of transformation in the way DTC brands operate, we saw a flurry of activity in terms of DTC brands going public. At least 15 DTC companies came out with an IPO in the last couple of years.
Casper grew not because people realized they didn’t sleep well. It’s because the other mattresses were bad at the sales and customer experience processes. But the category doesn’t lend itself well for hypergrowth driven by expensive dollars. Uber expanded the market. Casper doesn’t.
Away wants to be the 'travel' company. Casper wants to be the 'Sleep economy' company. People want a good sleep. Mattresses get the job done. So do ambient lights, sounds, mindfulness apps and apparently, dog beds so that the furry ones don't wag their tails on your face while you are asleep.
Remember when DTC brands started hitting the retail scene? It was that decade when store closures were starting to ramp up. Every expert and non-expert had a column on how DTC brands were going to eat up offline retail, but it didn’t take long for everyone to realize that offline retail wasn’t going anywhere.
The initial days of Direct To Consumer were mostly about product categories like Apparel, Eyewear, Luggage, Razors, and Footwear.
Over the past decade, the rise of online shopping and associated services such as free/next-day/express delivery has drastically changed the way consumers shop. This shift has pushed the run-of-the-mill eCommerce companies to re-assess their shipping policies. These companies are facing stiff competition from a host of digitally-native Direct to Consumer (DTC) brands like Dollar Shave Club