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Just as a well-crafted cocktail mixes history with innovation, so does the retail technology sector. Today's retail scene is quietly undergoing a big tech transformation, with technology taking centre stage. The first trend is shaking up the industry. ↳ AI and Machine Learning aren't just fancy terms anymore—they're really pulling their weight, making online shopping customised just for you and guessing what people will want to buy with amazing accuracy. Every time you click or browse online, this complex system gets even better, giving you a shopping experience that feels completely personalised. Next, there's Automation. ↳Imagine it like a top-notch bartender, easily handling loads of jobs at once to serve up quick, spot-on service. It's making shops way more efficient, speeding up work, and saving money. The third trend is Augmented Reality. ↳ Getting customers involved in a shopping experience that's really engaging and hands-on. Trying on things virtually and seeing products in a new way is just the start—they're the initial taste of a powerful change that's about to transform shopping. And let's not forget Smart Store Technologies. ↳The simple shop front is being upgraded with technology, using things like RFID and QR codes to make in-person shopping as easy as online shopping. Mobile Technologies step in at number five. ↳Turning shopping into something we mostly do on our phones. Looking things up while we're in shops, getting special deals based on where we are, and paying without any hassle are all turning shopping into a proper mobile experience. Rounding up the list is Datafication. ↳ It's like a top-notch brewer, pulling out the best flavours from raw ingredients. Modern analysis and insight tools are helping shops access the huge potential of data, offering priceless knowledge about how customers act and how the business runs. Just as speakeasies mix nostalgia with innovation, these tech trends are reshaping retail, blending the familiar with the futuristic. So, are you ready to explore this tech-fueled retail revolution? What emerging tech trends do you think will have the most impact on the future of retail? For more insights on how we are helping retail keep up with trends, check this out: https://lnkd.in/gsih3jD9

#Retail is being transformed by #AI and #technology, leading to personalized experiences and targeted marketing. Both online shopping and physical stores are thriving, with #sustainability and #ethics also influencing buying decisions. To succeed, businesses must be agile and #innovative in the face of challenges like supply chain issues and changing consumer needs. Check out our article on AI and personalization in #shopping for more insight.

In #retail, #digital transformation, driven by #AI and tech, is key. Consumers want personalized experiences, driving a rise in targeted marketing and custom products. #Online #shopping thrives alongside the renewed interest in physical stores, while #sustainability and #ethics influence #buying #decisions. However, challenges like #supplychain issues and changing consumer needs demand #agility and #innovation for continued success. Should you have missed it, read our article AI and personalization: Enhancing shopping, recommendations and service. Katerina Meimaroglou Mathias Friedrichs Manveet Singh Hora Rania Abdalla Ricardo Nugent Ryan Berrecloth Thomas Muhmenthaler Giorgio Veronelli Steven B. McKinney Charles Petit Lusungu Kayela Razvan Eliad Carlos Staut Franz Schuster Bendik Thoresen Myhre Edel Arguedas Garcia Sheena Sreedhar Sofia Kassavou Ewelina Kołodziej- Władzińska Soazic Bourdon

𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐭𝐨 𝐁𝟐𝐂 𝐞-𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 (𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟏) The global B2C e-commerce market is projected to grow annually by 7.3% from 2024 to 2031. B2C e-commerce facilitates direct sales from businesses to consumers online, offering convenience and efficiency. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬: Artificial Intelligence (AI) and Machine Learning (ML) personalize recommendations and enhance customer service. Voice Commerce, Augmented Reality (AR), and Virtual Reality (VR) improve shopping experiences. Mobile Shopping, Sustainability drive market growth, as retailers innovate to meet consumer demands. 𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐒𝐩𝐫𝐞𝐚𝐝 𝐚𝐧𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa witness competitive markets with key players like Amazon, Alibaba, and regional giants. Factors driving growth include internet penetration, rising income, and consumer preferences for convenience. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭: Expected CAGR of around 11% with strategies like personalization, mobile optimization, AI, and seamless omnichannel experiences. Adoption of AR/VR, voice commerce expected to enhance customer engagement and conversion rates. 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞: Leading players include Amazon, Alibaba, Ebay, Walmart, JD.com, etc. Amazon and Alibaba showcase remarkable revenue growth and global market expansion. 𝐈𝐧 𝐚 𝐁𝐨𝐭𝐭𝐨𝐦 𝐋𝐢𝐧𝐞: The B2C e-commerce market is expected to grow at a CAGR of 7.3% during the forecasted period. The text provides detailed insights into market trends, segmentation, geographical dynamics, growth prospects, and competitive landscape in the B2C e-commerce industry from 2024 to 2031. Follow Bitimerce for updates, insights and news regarding Walmart. #walmart #b2c #AI #ML #machinelearning #voicecommerce #consumer

🛍️ The Future of Retail: 10 Game-Changing Trends to Watch in 2025 🛒 The retail landscape is evolving faster than ever, and the next few years will bring even more radical shifts. In a new article by Bernard Marr for Forbes, he highlights 10 game-changing trends that will define retail in 2025. Here are some key trends reshaping the future of retail: 1️⃣ AI-Driven Personalization – Retailers are using AI to create hyper-personalized shopping experiences, from tailored recommendations to dynamic pricing that adapts in real-time. 2️⃣ AR & VR Shopping – Augmented reality (AR) and virtual reality (VR) will transform how consumers shop, allowing them to "try before they buy" in virtual environments. 3️⃣ Voice Commerce – With the rise of smart speakers and voice assistants, voice-based shopping will grow, allowing consumers to make purchases hands-free. 4️⃣ Sustainability & Ethical Practices – Consumers are increasingly demanding sustainable and ethically sourced products, pushing retailers to prioritize eco-friendly supply chains. 5️⃣ Autonomous Delivery – Drones and autonomous vehicles will revolutionize last-mile delivery, making it faster, more efficient, and more sustainable. 6️⃣ Data-Driven Insights – Retailers will continue leveraging big data to better understand consumer behavior, optimize inventory, and create smarter marketing strategies. 7️⃣ Omnichannel Retail – The lines between physical and digital retail continue to blur, with seamless shopping experiences across all channels. 8️⃣ Blockchain for Transparency – Blockchain will play a bigger role in improving transparency, particularly in supply chains, to ensure authenticity and prevent fraud. 9️⃣ Social Commerce – Social media platforms will continue to play a larger role in direct shopping, merging entertainment and commerce for a frictionless buying experience. 🔟 Human-First Retail – While technology will drive much of the innovation, the focus on human-centric experiences, both in-store and online, will be key to keeping customers engaged. 💡 Why does this matter? Retailers need to embrace innovation to stay competitive in a fast-changing market. Those who can leverage AI, data, and next-gen technologies will be the ones shaping the future of shopping. For engineers, product developers, and data scientists, now is the time to get involved in building the future of retail. 🔗 Check out the full article for more insights on how these trends will shape the retail industry by 2025! https://lnkd.in/geCb_-xT #FutureOfRetail #RetailInnovation #AI #DataScience #Blockchain #AR #VoiceCommerce #Sustainability #Omnichannel #RetailTech #TechTrends #DigitalTransformation #Retail2025

Advancements in AI are revolutionizing the eCommerce landscape, promising a more personalized and seamless shopping experience for consumers in the near future. Discover how emerging technologies are set to shape online retail in 2024 in this article from Hackread. #ecommerce #ecom #retail

5 Emerging E-Commerce Trends in 2024 You Need to Watch” 1. Sustainable Packaging: Consumers are increasingly eco-conscious, and sustainable packaging could be a key differentiator in 2024. 2. AR Shopping Experiences: Augmented Reality is enhancing the online shopping experience by allowing customers to visualize products before buying. 3. Personalized Shopping Journeys: AI is not just about recommendations anymore; it’s about creating a personalized shopping experience from start to finish. 4. Social Commerce: Selling directly through social media platforms is becoming more prevalent, and brands are finding creative ways to engage with shoppers. 5. Buy Now, Pay Later (BNPL): This payment option is gaining traction, offering customers more flexibility, which can drive higher conversion rates. Which of these trends are you most excited about? Let’s discuss how they could shape the future of e-commerce! #EcommerceTrends #2024Predictions #OnlineShopping #AI #Sustainability #BNPL

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Here are the Top 3 Services E-commerce will 𝙣𝙚𝙚𝙙 in 2025: 𝟭. 𝟯𝗗 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 👤 It allows customers to personalize products in real time, enhancing the shopping experience and increasing satisfaction. This service is particularly valuable for products like furniture, apparel, and accessories — where visualizing custom options can increase the conversion rate by 94%! 𝟮. 𝗩𝗶𝗿𝘁𝘂𝗮𝗹 𝗧𝗿𝘆-𝗢𝗻 😎 This technology uses augmented reality (AR) to let customers see how products like clothing, glasses, and makeup will look on them without needing to visit a physical store. This service has already seen significant adoption and is expected to become standard in e-commerce. It enhances customer confidence - with 22% fewer returns - and improves the shopping experience, as 70% of consumers are more likely to purchase from brands offering AR. 𝟯. 𝗔𝗜 𝗦𝗮𝗹𝗲𝘀 𝗔𝘀𝘀𝗶𝘀𝘁𝗮𝗻𝘁𝘀 𝘄𝗶𝘁𝗵 𝗖𝘂𝗿𝗮𝘁𝗲𝗱 𝗦𝘂𝗴𝗴𝗲𝘀𝘁𝗶𝗼𝗻𝘀 ✨ Leveraging AI to create personalized shopping experiences through curated suggestions can significantly boost sales. These AI assistants function similarly to TikTok's For You Page (FYP), recommending products based on customer behavior, preferences, and browsing history. A deeper understanding of preferences leads to a 25% increase in customer retention. And you? Are you up to date with these trends? Discover how you can leverage these technologies to stay ahead by visiting our website. https://lnkd.in/dqFy-Pve ✴ #Segnoprogetto #Ecommerce #3DCustomization #VirtualTryOn #AISalesAssistants #DigitalRetail #2025Goals #AR #PersonalizedShopping #RetailInnovation #FutureOfEcommerce

AI and other technological advancements are transforming retail, not only in backend operations but also in customer-facing activities. Retailers now offer new modes of interaction, enhancing convenience and personalization to streamline and enrich the consumer shopping experience—all made possible by innovative technology. At Euromonitor International, we track new concepts and innovations in retail globally across channels. This year, we are exploring five key themes, with three of them driven by technology: New Digital Interfaces, Simplified Shopping, and Data-Driven Retail. You can explore more in the article or check the report: https://lnkd.in/djGMxSYV #RetailTrends #TechInRetail #Innovation