From how many have online shopped under the influence to how many say they’ve been shopping more during COVID, these stats about Gen Z and Millennials’ retail behavior may surprise you… For better and for worse, young consumers’ shopping has shifted drastically during 2020. YPulse’s Retail’s New Reality trend report dug into all the ways that it’s changed, but found that The…
The winter holiday season, regardless of what someone celebrates, is usually a time of joy, celebration, and connection for families and friends. Different groups and demographics have diverse and various traditions, which marketers have long since been finding new, exciting, and authentic ways to creatively communicate and target. Whether Thanksgiving, Hanukkah, or Christmas, successful and inclusive marketers find ways to…
COVID will set a new precedent in ecommerce penetration: We predict that up to 30% of global retail sales will be made through digital channels this upcoming holiday season.
Holiday demand will be pulled earlier thanks to a later Prime Day: We predict that the Prime Day event in October could potentially steal up to 10% of Cyber Week’s digital revenue. With…
As the enforcement period of PSD2 SCA approaches fast, what is the current state of readiness of the various constituents (merchants, issuers, and acquirers) in the ecommerce payments ecosystem?
PSD2 SCA comes into force across the EU on 1 January 2021; and in the UK on 14 September 2021. These dates are already later than originally planned, and the European Banking…
This year is certain to be a holiday like no other, leaving retailers tasked to predict what strategies will win over shoppers in an unpredictable season. However, there are a few safe bets. Location and real-time data will be key for retailers this season as regulations will vary for retailers from area to area. Safety will be top of mind, so stores…
In the wake of the pandemic much about retail has changed in 2020. Many of the digital trends that had been transforming the industry were accelerated, as was the demise of many classic retail brands (J. Crew, Brooks Brothers, Lucky Brand, JCPenney, Neiman Markus, Pier 1 Imports). While the retail challenges are not new, the impacts during COVID-19 ran much…
Nick Molnar, the co-founder of Afterpay, which has 48,000+ retail partners including Revolve, Fenty Beauty and Asos, shares how younger consumers’ purchasing behaviour is evolving and the growth levers rethinking payment strategies could represent for retailers. He believed that younger consumers would prefer to use a payment solution based on fairness and transparency that allowed shoppers to use their own money…