PYMNTS
AUGUST 22, 2018
We operate the only truly global luxury digital marketplace at scale, seamlessly connecting brands, retailers and consumers. In citing some stats, the company said that the global market for luxury goods stood at $307 billion last year and should reach as much as $446 billion by 2025, per Bain. Within that, how much is online?
PYMNTS
MAY 20, 2019
The intelligent vending machine market, measured globally, could be worth as much as $15 billion by 2025. Millennials prefer to use cards for smaller transactions, namely those under $5. A number of factors were, have been and will continue to be at play in achieving and sustaining that growth, he told PYMNTS. “A
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PYMNTS
OCTOBER 1, 2018
Faced with that kind of transit, brands want supply chain visibility: they don’t want to be left in the dark on where their products are in their journeys or on how quickly items are selling once they get to their retail destinations. Parallel trade is a very significant issue for many brands around the world,” Murphy said.
PYMNTS
JANUARY 29, 2018
Online grocery sales are a booming business, with the eCommerce segment expected to make up 20 percent of all grocery sales by 2025. Through platforms such as Instagram, for example, grocery brands can promote their products and show what the end results of a successful trip to the supermarket could look like.
Insights on Business
FEBRUARY 27, 2019
To ensure success in 2025, however, the focus should be on customers who use newer models in digital channels: Generation Y, Z, and Alpha, too—the children of millennials. Use case: Focus on the millennial market with mobile. Which means the bank’s brand is becoming invisible too. With no card, there is no brand intimacy.
PYMNTS
JANUARY 22, 2018
In an ecosystem in which success is defined by scale and time to market, it’s no longer good enough to have a great product, a well-known brand or a compelling technology. For brands like General Mills, that’s a good news/bad news story. Once there, shoppers are introduced to a variety of brands, including private-label store brands.
PYMNTS
MARCH 22, 2019
Amazon’s advertising space currently sells space for brand logos, photos and descriptions of products, which are basically the equivalent of static billboards. New York-based eCommerce research firm Marketplace Pulse found shoppers aren’t any more inclined to buy the Amazon brands , even when the company highlights them in search results.
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