Online Video
This holiday season, retailers are hoping to make virtual shopping merry and bright for online customers. To grab shoppersโ attention in the highly competitive e-commerce environment, retailers need to pull out all the stops and provide an immersive, person-to-person virtual shopping experience that engages and delights. Early estimates predict 2021 online holiday retail sales willโฆ
Itโs the most wonderful time of year to be in e-commerce. According to Deloitte, U.S. consumers are forecasted to spend a total of $933.3 billion on e-commerce by the yearโs end โ a 17.9 percent increase from 2020, representing over 15 percent of total retail sales. Whether itโs fear of the Delta variant or theโฆ
Live selling, which some describe as โQVC on Steroids,โ is rapidly emerging as one of the most innovative sales channels in the retail industry today. The technology builds on the proclivity of millennials and Gen Z audiences to live their lives through their smartphones, allowing prospective customers to view items they want on a livestreamโฆ
The very nature of the modern e-commerce market means brands have to constantly evolve to meet the expectations of savvy consumers who want shopping to feel like an experience, not just a transaction. Now thereโs a seismic shift on the horizon that could shake things up more than ever. Livestreaming e-commerce, estimated to already beโฆ
Retailers accelerated their shift toward e-commerce during the pandemic. But for all the excitement around e-commerce โ a category eMarketer projects will grow by 13 percent in the U.S., totaling more than $900 billion in annual sales โ the online shopping experience still has plenty of room for improvement, especially when it comes to assistedโฆ
In episode 308 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Megan Brophy, senior director of brand marketing at Abercrombie & Fitch and Abercrombie Kids. Brophy discusses Abercrombie's partnership with Facebook for its Live Shopping Fridays initiative, how livestream shopping brings the in-store and digital experience together, and what customers experience when engaging with the liveโฆ
Every day now a different retailer announces its attempt at some sort of live interaction with consumers. While this is an exciting time for the industry, itโs important to think through where value is derived in these exchanges and what decisions will reflect careful consideration there. Livestreaming has several key attributes embedded in its value proposition.โฆ
The e-commerce customer experience will continue to evolve โฆ but how? The coming wave is going to be dramatically different. While e-commerce is nearing 30 percent penetration among consumers globally and almost any product can be bought online, most of these experiences are still based on intent. IRL shopping experiences are still, in many ways,โฆ
You canโt sell jewelry on TikTok. โYep, we heard that one a lot,โ both Jonas Vogedes and Gerrit Kesten, co-founders of Evermรฉe, told THE MVEye team when we began discussing the breakout success of their tech jewelry e-commerce startup. โBut we got very positive results from the first video vignettes we posted on TikTok,โ Kestenโฆ
Nordstrom announced last month the launch of Livestream Shopping. This new shopping channel will give customers real-time access to Nordstrom employees and brand partners as well as experts in the beauty, fashion and home categories. During these shopping events, customers can seamlessly shop the products they see and ask questions via live chat of the experts hosting theโฆ