Remove Customer Remove Digital Currency Remove Technology
article thumbnail

Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

No matter how fast the modern payment ecosystem is developing, the pursuit of the best customer experience isn’t going anywhere. To answer customers’ demands, business leaders must find the balance between adapting services to consumers’ digitally-driven shopping behaviors and staying true to the company’s strategy.

article thumbnail

The 19 Ecommerce Growth Challenges of 2018, Outlined by Amazon’s Annual Report

BigCommerce

Amazon Customer Base, Revenue & Shipping Data. From changes in technology to pending legislative issues, these are the top items to keep an eye on in 2018 and beyond. This rapid uptick in customer volume means preparing for things like: Demand forecasting: Ensure there is enough inventory available without selling out.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

Despite this, all retailers must continue strengthening their online channel to meet customer needs and drive growth thanks to this new momentum. Lowering prices to get new customers is no longer enough. You can use dynamic pricing to catch their attention and encourage customer acquisition.

eCommerce 279
article thumbnail

Why Backend Orchestration is the True Payment Experience Unlock

Retail TouchPoints

“Too many friction points all along the customer journey is a big pain point for consumers, and certainly the checkout or transaction moment plays a part in that friction,” said Margot Juros, Research Director for Retail Technology Strategies at market intelligence and advisory firm IDC in an interview with Retail TouchPoints.

article thumbnail

Everything You Need to Know About Bitcoin and Blockchain in Ecommerce

Ecommerce Platforms

But now it’s shifting towards bitcoins and digital currencies. Digital currencies are the future of ecommerce. Local currencies couldn’t be converted to bitcoin easily and, as a result, no retailer would even think of accepting bitcoins as payment. Blockchain is the name of the technology powering bitcoin.

article thumbnail

How NFTs Can Fight Fraud and Increase Customer Loyalty

Omnisend

An example of a receipt a customer would receive (here for a coffee cup). Depending on what kind of information the store makes available, the customer would also be able to see other information for those sneakers—where the materials were sourced, manufactured, handled, shipped, etc. The move to “phygital”. Chicago Bears hologram.

article thumbnail

The Growth of Digitally Exclusive NFTs is Creating Real-World Opportunities for Retailers

Retail TouchPoints

The current use cases of NFTs are already varied — digital twins of physical products, facilitating services like resale or authentication , sharing provenance details of a product, creating digital souvenir s for real-world experiences or programs and unique digital collectibles or art. Access to exclusive content?

Retail 255