Africa is a diverse and interesting e-commerce market estimated to reach $50 billion by 2018. With huge potential, it's definitely in the early stages of growth. Today, we've got a roundup of the latest news and e-commerce developments on our radar.
We're looking at 10 innovations in US retail to help retailers and marketers keep up with competitors including the big guys like Lowe's, Walmart and Bon-Ton as well as midsize innovators like Dollar General, Meijer and Kroger.
Amazon global update: Internet Retailer takes a look at why Amazon is flush with profits - $1.37 billion in the first six months of 2016. Amazon continues investments in major markets including infrastructure in India, the UK, Germany, Spain and Italy as well as logistics including a new Prime Air jet.
The Indian e-commerce market is a lot like the old wild West. There’s lots of prospecting, the occasional fortune made, lots of gamblers, dried-up grubstakes (VC money) and plenty of failures. Welcome to e-commerce in 2016 in India and we’ve ...
eMarketer reports China will become the largest e-commerce market in the world by the end of 2016, reaching $899.09 billion or 47% of all online sales. Online sales will hit $2.416 trillion in 2020 and mobile will account for 55.5% of all ecommerce sales in 2016 and reach 68% by 2020.
Cashback News – Aug 29: Innovators: Which US retailers are winning with artificial and virtual reality for customer impact?
Here's a collection of innovative retailers using augmented and virtual reality technologies in showrooms, changing rooms, for in-store entertainment, product information, sales, on mobile apps, Pokémon Go strategies and much more. Impressive!
Why are we interested in artificial/virtual reality at Cashback Industry News? Because AR/VR is already here! E-commerce and retail innovators are exploring the technology for captivating product and sales presentations, product showrooms, fashion changing rooms, stronger consumer engagement and interactive storytelling.
we've got a roundup of the latest global mobile news, insights and trends to keep you up-to-date on who's winning in m-commerce. Mobile is growing at double the rate of e-commerce and traditional e-commerce leaders are falling behind more savvy m-commerce innovators according to a report in Internet Retailer. A Hitwise research study shows more than 56% of top retail store searches now happen on mobile.
Retailers struggled to grow in-store revenue but e-commerce shone brightly for many US retailers, up 16% in Q2 2016 according to the US Department of Commerce.
The Indian e-commerce market will reach $38 billion by the end of 2016 up 67%, and it's poised to grow exponentially!