Remove 2030 Remove Consumer Remove Shipping Costs
article thumbnail

4 Ways Retailers can Connect with Gen Z

Retail TouchPoints

Theyll reach $12 trillion by 2030. Minimal-touch shopping and buying processes and flexible shipping options will keep your Gen Z customers coming back. Rethink Your Discounts With inflation driving up prices, its no surprise that Gen Zers are drawn to discounts and promotions. Retailers have to start understanding Gen Z.

article thumbnail

4 Back-of-the-Office Opportunities to Lift Recommerce’s Profitability

Retail TouchPoints

Recommerce, the online selling of previously owned items to buyers who reuse, recycle or resell them, is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030. Opportunity #1: Cost-efficient inventory management. However, skeptics worry recommerce isn’t a profitable or scalable business model.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Resale Revs Up: eBay Enhances Refurbished Goods Offering, New Overstock Marketplace Launches

Retail TouchPoints

As product scarcity issues continue to dominate this holiday shopping season, consumers are increasingly turning to resale to get the goods — and platform operators are taking notice. The auction-based website is now available to consumers in Arizona.

Supplies 323
article thumbnail

How the Fashion Industry Can Pave the Way for a Sustainable Future

Retail TouchPoints

Focus and blame generally turn to the manufacturing, production and distribution parts of the chain, but other aspects are not usually at the forefront of the mind, especially when it comes to the consumer standpoint. In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers.

Fashion 336
article thumbnail

Want To Reduce Your Environmental Footprint? Switch To Digital Signage

Retail TouchPoints

Consumers love environmentally conscious companies. Research from Accenture shows that consumers are buying 72% more environmentally friendly products than they were five years ago, while IBM and the National Retail Federation found buyers are willing to pay around 35% more money for products from eco-friendly brands.

article thumbnail

Steve Madden and Dolce Vita Integrate Shoe Resale Programs into Their Websites

Retail TouchPoints

Users can submit their own product photos and descriptions and select a recommended price for their items, which will then be authenticated and approved by the respective brands to appear on the resale page. Once an item is purchased, the seller will receive a prepaid shipping label to send it to its next owner.

article thumbnail

9+ Best Print on Demand Companies in Europe

Ecommerce Platforms

billion by 2030 , and countless entrepreneurs are getting involved. For would-be European business owners, a “POD” solution makes it simpler to create a range of custom products for consumers, without spending a fortune. This means running your business is far more cost-effective. There are no set-up costs for Printful users.