蘑菇AV

Methodology: Data is from a February 2023 Metapack report titled "Ecommerce Delivery Benchmark." 8,000+ adults ages 18+ in Australia, Canada, France, Germany, Italy, Spain, the UK, and the US were surveyed by Retail Economics during November 2022.

Apple made its NFC tech available to developers in the US, the UK, and five other markets in the iOS 18.1 update. To use the tech, developers have to enter into a commercial agreement with Apple and pay fees. What this means: This could open the floodgates for more competing wallets on the iPhone. Google Wallet stands to gain the most.

Our take: With inflation poised to accelerate and consumer sentiment slipping, consumers are expected to trade down to private labels, favor discount channels, and shop less frequently. And unlike during the pandemic, they鈥檙e doing so without the cushion of a strong labor market鈥攚hich could make the pullback in spending more pronounced than in 2022 and 2023.

Amazon鈥檚 bread and butter: The launch comes only a few months after reports that the company was scaling back its ecommerce ambitions in India as part of CEO Andy Jassy鈥檚 cost-cutting initiatives. That stemmed from its decision to pull back on initiatives such as meal deliveries as it focused on its core competencies and revenue generators.

Shoppers are relying on their smartphones more, as enhancements in mobile payments, social media checkout, and retailer apps make purchases easier than ever. This year, US shoppers will spend $558.29 billion on their mobile devices, accounting for 44.6% of overall ecommerce sales, according to our November 2023 forecast. We delve into the consumer embrace of mcommerce, unpacking three key drivers.

Similar solutions haven鈥檛 necessarily worked in other locations such as the UK, but that may be because customers have turned to options like digital banking. However, LFCU鈥檚 mobile banking unit  offers unbanked people an option when there may be no alternatives, given the infrastructural challenges.

TikTok tests in-app ecommerce in the US: The platform hopes its shopping initiatives will offset lower-than-expected ad revenues, and help it gain ground against Meta.

Respondents were located in Australia, the UK, and the US, and currently work in-house for companies with at least 100 employees.

US digital media consumption and consumer spending growth are at a standstill. 鈥淚t's just getting really competitive to reach today's consumers,鈥� our analyst Jeremy Goldman said on an episode of the 鈥淏ehind the Numbers: Daily鈥� podcast. Here鈥檚 what advertisers need to know about the latest trends in digital, including fierce competition for ad dollars to ecommerce having room to grow.

Aldi retrofitted an existing store with checkout-free technology: The retailer wants to see if the frictionless shopping experience clicks with shoppers.

The survey was conducted in China, Germany, Saudi Arabia, the UK, and the US.

Amazon, PayPal, and Visa have joined advisory groups with the Bank of England to explore a CBDC in the UK. Invest in blockchain technology. Blockchain-based payments are the future, regardless of a US CBDC鈥檚 existence. Incumbents like Mastercard, PayPal, Square, Stripe, and Visa are already exploring and integrating crypto payments. Advocate for interoperable systems.

Shein, Temu, and TikTok Shop face a reckoning following breakneck worldwide expansion. The crop of mobile-first ecommerce players with roots in China have taken off with consumers around the world.

The integration will affect multiple regions, including the US, UK, Germany, and Austria, where Freevee content will migrate to Prime Video's "Watch for Free" section. According to Amazon's official statement, this restructuring aims to enhance user experience by offering a unified streaming destination.

Nearly all (90%) of online shoppers say the shipping experience accounts for at least half of their overall online shopping experience, per UPS Capital鈥檚 鈥淗ow Shipping Experience is Driving CX鈥� report.

However, 27% of US adults have not used cashierless checkout and are not interested in it, according to our February 2024 Ecommerce Survey conducted by Bizrate Insights. 鈥淸The technology] can be clunky and there鈥檚 a big learning curve that a lot of people just aren鈥檛 up for.

The news: UK-based cross-border payments fintech Paysend expanded its partnership with Mastercard to offer new remittance services, per a press release. The firms already work together in key regions like Latin America. What this means: The expanded partnership helps Paysend and Mastercard build out their respective money transfer networks.

Examples of websites or apps primarily engaged in retail ecommerce include Amazon, Walmart, and Mercado Libre; examples of retail media networks (RMNs) include Amazon's DSP and Mercado Libre鈥檚 Audience Deals; includes ads purchased through RMNs that may not appear on ecommerce sites or apps. Latin America鈥檚 multibillion-dollar retail media revolution marches on.

However, the way shoppers interact with stores has shifted over the past few years, forcing retailers to experiment with new formats. Listen to the full episode to hear 蘑菇AV analysts Carina Perkins and Zak Stambor explore the reasons that retailers are launching new store formats, what those layouts look like in the US vs. the UK, which formats are working, and which aren鈥檛.

Checkout might be the last step in the customer journey, but if there鈥檚 friction at a retailer鈥檚 point-of-sale鈥攍ong lines, frustrating self-checkout machines, or a lack of payment options, for example鈥�shoppers might bail. Solutions like smart carts, mobile checkout, and biometrics could provide relief.

UK brands running "dull" advertising need to spend an additional 拢13 billion (about 拢10 million per campaign) to match the performance of emotionally engaging, creative approaches. In the US, this figure balloons to a staggering $189 billion in wasted media spend.

So I think that luxury e-commerce is kind of taking a hit there as well. Zak Stambor:. Yeah, I think that's right.