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How Consumer Electronics Brands Can Reduce Holiday Shopping Returns

ESW

American consumers spent an astounding $1.29 trillion in online retail sales in 2022, yet roughly $212 billion worth of products — more than 16% of sales — were sent back in the form of online returns. So how can consumer electronics brands reduce the number of holiday returns this year? Buyer’s remorse: 13.6%

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Forrester Forecast: Online’s Share of U.S. Sales to Top 29% by 2029

Retail TouchPoints

Nearly three of every 10 purchases by American consumers will be made online as the end of this decade nears, according to projections from Forrester in its U.S. Online Retail Forecast, 2024 to 2029. The research and technology firm projects that online U.S. retail sales will increase from $1.2

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Gamified Training Boosts Brand’s Appliance Sales 26.2%

Retail TouchPoints

for associates at several large consumer electronics retailers. While BSH has been the primary beneficiary of the training solution, “ we see this as being beneficial to the retailer too, because it helps them to offer something that online retailers cannot ,” said Antonsen.

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BestBuy Canada & ChannelSale

ChannelSale

Canada’s largest and most successful consumer electronics retailer is online. Out of 280 million visits a year over 80% of them are online. With over $4 billion annual revenue it opens a huge opportunity for online retailers selling consumer electronics, fitness equipment, luggage and baby products as well.

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What COVID-19 Has Taught Us About eCommerce Spending

RetailMinded

However, these consumer shopping behaviors vary from shopper to shopper and even between retail segments. For example, millennials and baby boomers have exhibited far different shopping activities, and the channel preferences for shoppers buying groceries versus consumer electronics also varies. Consumer Electronics.

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How to Create Winning Black Friday Promotions

Wiser

Overall, winners around Black Friday were consumer electronics, apparel, and appliances. Outside of specific products, winners were mobile shopping, which drove 46 percent of traffic during the 2017 holiday season, and online shopping in general, as 61 percent of purchases were completed via a desktop computer. .

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eCommerce Marketing Leaders: The 20 Most Influential of 2024

Algopix

Balaji Nambi – Albertsons Balaji Nambi at Albertsons plays a crucial role in integrating digital solutions within the grocery sector, enhancing the shopping experience through online platforms that cater to evolving consumer needs. LinkedIn 17. LinkedIn 18.