April 27, 2023
Via: Retail TouchPointsAs rival TikTok ramps up its shopping initiatives, Meta is streamlining its own commerce strategy to drive more in-platform shopping on Instagram and Facebook. A shift toward a new dynamic for Instagram and Facebook Shops will require companies to enable […]
September 13, 2022
Via: Lightspeed POSFacebook has over 2.9 billion monthly active users, making it one of the most popular social media platforms in the world. With such a large potential customer base, it’s no wonder that businesses are using Facebook to sell their products […]
August 4, 2022
Via: Retail DiveAt the start of the year, there was a lot of talk regarding the potential for livestream shopping to become popular in the U.S. — a commerce format already successful in China. Meta doesn’t appear to share that confidence, at […]
June 2, 2022
Via: Lightspeed POSWith almost 3 billion active monthly users, nearly 38% of the world’s population and 62% of internet users can be found on Facebook. While businesses have traditionally used Facebook to engage with customers and stay top of mind, the social […]
Customer Engagement, Customer Experience, E-commerce, Retail Types
May 3, 2022
Via: ChargedAmazon has pushed back against government plans to force websites to tackle fake reviews by saying ministers should exercise “caution” when devising laws to hold sites to account when they host fake reviews. The ecommerce giant has long been plagued […]
January 28, 2022
Via: ChargedA social commerce boom is seeing almost two-fifths of younger shoppers buy as they scroll, according to a recent trends report from Checkout.com. The report found that 39% of shoppers aged between 18 and 35 are more likely to buy […]
January 21, 2022
Via: ChargedMeta is rumoured to finally be ready to enter the red-hot NFT market as the demand for digital collectibles reaches boiling point. Both of Meta’s companies Facebook and Instagram are in the process of letting users display NFTs as their […]
January 7, 2022
Via: ChargedEver since Mark Zuckerberg’s surprising announcement that Facebook was rebranding to Meta, the “metaverse” has been the hottest topic in retail, with retailers and consumers alike becoming intrigued with the idea of virtual shopping and living. The fashion industry seems […]
December 9, 2021
Via: ChargedAmazon has been fined a record antitrust bill of €1.13 billion for allegedly abusing its position in the market. The fine becomes one of the largest penalties ever imposed on a US tech company in Europe. Amazon has responded by […]
E-payment & Data Security, Tech
December 7, 2021
Via: Retail DiveBy testing its split payments feature in Facebook Messenger, Meta further enmeshes its app in consumers’ social and financial lives. Two years ago, the company integrated Facebook Pay across Messenger, Instagram and WhatsApp. Earlier this year, the company began testing […]
July 21, 2021
Via: Retail DiveTo become known, street vendors in the 18th and 19th centuries would hawk their products and services in open-air markets. Fast-forward a couple centuries, and brands now rely on the likes of Facebook, Google and Amazon to help push their […]
E-commerce, News & Trends, Retail Types
June 7, 2021
Via: Retail TouchPointsIsolation was a defining characteristic of 2020: with stores, workplaces, restaurants, gyms and travel hubs closed, people around the world turned to one of the few remaining channels available for community and connection — social media. The increase in social […]
April 7, 2021
Via: Retail DiveLong one of the top firms in terms of advertising revenue, Facebook’s popularity with retailers is continuing apace. Facebook and Google make up more than half of the online ad market, according to a 2020 report from eMarketer, and as […]
March 31, 2021
Via: ChargedPresident Biden has announced plans to place tariffs on select UK goods travelling across the Atlantic in retaliation to the UK’s Digital Services Tax (DST). The new tariffs would mean that the US would raise $325 million (£235.8 million) on […]
February 4, 2021
Via: Retail DiveSo you want to launch an online retail business. Cool! Let’s get started. First you’ll need a website and inventory to make an online store. Now you need customers. They’re out there, surely, somewhere on the internet. To find them, […]
October 5, 2020
Via: Retail DiveFacebook opening shopping capabilities on Reels and IGTV is unsurprising given how central e-commerce has become to Instagram’s growth strategy. The timing is still interesting, suggesting Facebook is looking to carve out a bigger piece of an online holiday market […]
August 27, 2020
Via: ChargedFacebook’s newly added ecommerce features have sent its stocks skyrocketing to record levels as investors dub its retail shift a “significant opportunity”. Facebook saw its shares jump 8.2 per cent yesterday, marking the third day of growth in a row, […]
August 19, 2020
Via: ChargedInstagram is set to launch a new QR code feature enabling customers to connect with their favourite retailers instantly. Retailers will now be able to print out their own QR codes and place them anywhere in their physical store, allowing […]
August 4, 2020
Via: ChargedThe North Face, Puma and Pernod Ricard are returning to Facebook as the #StopHateForProfit boycott loses steam and fails to make a dent in revenues. The North Face, which was one of the first big name retailers to pull its […]
E-commerce, E-payment & Data Security, Retail Types, Tech
July 30, 2020
Via: ChargedAmazon’s chief executive Jeff Bezos botched his defense of his company at yesterday’s House Judiciary Committee antitrust hearing, failing to guarantee it has not taken ideas from its competitors. During the landmark hearing the chief executives from the US’ largest […]