蘑菇AV

Shoppers worldwide are flocking to online marketplaces and social commerce for convenience, variety, and competitive pricing. While price remains key, brand trust is becoming a major factor in certain markets. As these platforms drive discovery and sales, brands must adapt to stay competitive. Here are three ways digital shopping habits are evolving among consumers worldwide.

But its megadeal with Worldpay and FIS will transform its business and expand its revenue opportunities

The UK budget will eat into retailers鈥� bottom lines: Primark owner Associated British Foods expects its national insurance bill to rise by 鈥渢ens of millions鈥� of pounds.

Which of the biggest ecommerce companies will grow the fastest in 2023? Yesterday鈥檚 Chart of the Day: Retail media madness.

There鈥檚 often a perception that markets in Asia developed digital offerings far faster than the US and Europe鈥攖hat鈥檚 only partially true in retail.

E.l.f. Beauty strikes $1 billion deal to acquire Hailey Bieber鈥檚 Rhode: The move could reignite slowing growth and boost its appeal to Gen Z and more affluent shoppers.

Social media users in select countries (US, UK, Australia, France, and Saudi Arabia) trust brands over influencers when it comes to finance, apparel, and skincare, per an October study from Snap Inc. and IPG Magna. Finance is where this trend is most pronounced.

The news: The European Commission (EC) opened a formal investigation into Temu鈥檚 potentially addictive interface design. The EC is evaluating whether Temu鈥檚 gamified reward programs and infinite scroll design have negative consequences for users. It鈥檚 also looking into whether Temu is regulating sales of illegal products on its low-cost ecommerce marketplace.

On today's podcast episode, we discuss when we might be approaching the consequential ceiling of 鈥減eak media鈥�, which folks watch the most influencer videos, where smartphone time is still climbing, and entirely too much more. Tune in to the discussion with our Principal Analyst and host Bill Fisher, Principal Analyst Paul Briggs, Vice President of Research Jennifer Pearson, and Chief Research Officer at GWI Jason Mander.

The total value of contactless payments made with UK Barclays cards surged nearly 50% YoY thanks to regulatory changes and broader acceptance.

Brands can now place advertising on in-store digital screens, in parking lots, on shopping carts, and in shopping aisles.

It released draft legislation to provide more safeguards for UK consumers, many of whom are under financial strain.

Brands will have to justify pricing and deter shoppers from trading down, which means rethinking pack sizes, loyalty discounts, or product improvements to maintain price premiums. Eye of the consumer: Bargain hunters seeking deals will go to search engines. Our forecast calls for search spending to rise faster than total digital ad spending.

Ecommerce will account for 14.6% of total retail sales in 2023. But in some categories鈥攍ike sporting goods, hobby, books, music, and video; computer and consumer electronics; and apparel and accessories鈥攊t鈥檒l account for almost half of sales and be a primary ad channel for advertisers. Retail media booms as brands and retailers seek to boost profits in the UK.

Borrowers struggling with inflation and rising interest rates can pay just the interest on their loans for up to six months鈥攚ith no implications.

Though this survey data is from North America and Europe, optimism around retail media鈥檚 potential is strong in Latin America, as retail media spend is expected to double by 2028. Argentina, Mexico, and Brazil lead, but smaller markets show high growth potential. Opportunities abound for advertisers and retailers.

WhatsApp鈥檚 importance to Meta goes well beyond social messaging: A forced divestiture could disrupt customer service, commerce, and loyalty worldwide.