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How Retailers Could Turn Smart Vending Into A $15B Market By 2025

PYMNTS

In the unattended retail space, vending operators are also becoming more aware of the shifting behaviors of their shoppers and the need for swift and digital payment options. The estimated value of the global intelligent vending machine market by 2025 is $15 billion. And digital disruptors are putting a new spin on vending machines.

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Amazon May Account For Close To 50 Percent Of Online Sales This Year

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Amazon’s piece of the retail pie is expected to end the year even bigger, with market research firm eMarketer boosting its estimates on dollars spent at the eCommerce giant. Last year, its market share stood at 38 percent, with sales of $149 billion for all of 2016. All told, Amazon will account for 43.5 billion in 2017.

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Unattended Retail Can Boost Visits To Stores

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Wendy’s , for example, planned to roll out self-ordering kiosks at about 1,000 of its retail locations by the end of 2017 in an attempt to both lure younger customers and to battle long lines at peak dining hours. The finding comes from Tillster , which partnered with SSI to study how offering self-service kiosks impacts guest behavior.

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Vending Machines Turn To The Bubbly To Gain More Sales

PYMNTS

Among the more interesting storylines of this era of digital commerce and payments is the maturation of vending machines — sorry, “unattended retail.” Retailers are paying more attention to vending machines, a trend that is all but certain to continue into the 2020s. Vending Machine Trends.

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Why Streaming Services Dominate Subscription Commerce

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The streaming market is an increasingly competitive space. Delving into those top three subscription types, the streaming market is valued at an estimated $23.5 The online gaming market is valued at approximately $15.3 billion, roughly twice as much as the digital media market’s $7.7 percent of the market.

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How Amazon Reads Its Customers Like A Book

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The biggest question around Amazon’s Seattle brick-and-mortar bookstore — as well as the upcoming second location in San Diego — remains a philosophical one: Why would an online retailer that already sells books need to put up with the hassle of running a physical store? Jellybooks’ data gets a lot more granular than that.

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Can A Startup Compete With Amazon For Online Book Sales?

PYMNTS

market today, accounting for over 90 percent of eBooks and audiobooks, and around 42 to 45 percent of print sales. According to a 2019 study cited by Wired, two-thirds of independent bookstore shoppers also buy from Amazon an average of five times a month.

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