Retail Chatbots Enhance the Online Customer Experience
According to Juniper Research, consumer retail spending over chatbots will reach $142 billion by 2024 — that’s rising from $2.8 billion in 2019. This represents average annual growth of 400 percent over the next four years.
Why the Future of Retail Growth is Omnichannel
While it might be tempting to look at online and offline shopping trends individually, doing so limits the ability to see the synergies. For example, click-and-collect retail shopping has increased 30 percent in the past two years — it represented 18% of online grocery sales in 2016 and now represents nearly half (48%).
via Nielsen
Digital Retail will Transform Grocery Shopping
Food and beverage retail is the next big sector that will feel the influence of digital shopping. We’re seeing the shift already: 23% of U.S. shoppers bought groceries online in 2016, an increase of 20% versus just two years prior—and adoption has only accelerated since then.
via Nielsen
How Mobile Drives Growth of American Travel Revenues
According to eMarketer’s latest forecast on digital and mobile travel. This year, digital travel sales in the U.S. will reach $189.62 billion, 40 percent of which will come from mobile devices such as smartphones and tablets.
Source: eMarketer
Study Finds U.S. Merchants Increase Digital Sales in 2017
The 2017 American Express Digital Payments Survey shows that consumers are increasingly relying on online and mobile technology to make purchases, opening new opportunities for merchants to reach more customers and grow revenue.
Source: American Express
Email Marketing Outperforms Social Media and Paid Search
Newsletters were the most common type of marketing email sent by U.S. email marketers in the first half of 2016. Email is the most cost-effective choice when measured against other digital marketing methods.
Source: eMarketer
Why More Industries are Shifting to Digital Marketing
Marketers around the world are funneling an increasing amount of their ad budgets into digital channels. But that’s just the beginning of the story. eMarketer predicts digital advertising spending’s share of total media ad spending will increase worldwide in 2016 and 2017.
Source: eMarketer
UK Online Retail Sales to Exceed £67 Billion in 2016
UK retail ecommerce sales are set to exceed £67 billion in 2016, fueled by some impressive growth in smartphone-based buying. The UK is a world leader in terms of retail ecommerce’s share of total retail sales, and by 2020 digital retail sales will represent a 22.6% share.
Source: eMarketer
How U.S. Marketers Continue to Fund Digital Advertising Fraud
Fraudulent impressions, infringed content and malvertising cost the U.S. digital marketing, advertising, and media industry $8.2 billion annually. That money can be recouped if companies fix badly designed business processes and repair obvious flaws in the digital advertising supply chain.
Source: IAB & EY
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