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The Top Retail Commerce Initiatives For 2024

February 26, 2024
in Market Analysis
Reading Time: 2 mins read
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The Top Retail Commerce Initiatives For 2024

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In as we speak’s more and more aggressive retail market, each expertise initiative is pitched as do-or-die. So how do you make sensible choices about which applied sciences to spend money on, to begin testing, or to forgo? For our annual The High Retail Commerce Initiatives For 2024 analysis, we interviewed 95 retail trade professionals from throughout the globe to assemble their insights on the 30 retail commerce initiatives that they imagine might be “scorching,” “on the radar,” and “hype” for the approaching yr. Learn on for a fast have a look at among the outcomes.

Scorching (high funding priorities for 2024)

Omnichannel success
Personalization capabilities
Superior enterprise/buyer analytics
Omnichannel pricing and promotions
Drop-ship packages

On The Radar (some investments)

Experiential retail
Shoppable video
Automated checkout
Embedded retail
Marketplaces (retailers beginning their very own)

Hype (lowest funding precedence)

Good machine commerce
Social media chatbots
Livestreaming commerce
Affiliate appointment options
Pickup/return lockers

In fact, that is only a peek into what we found. For the complete listing and extra info on why particular initiatives sit on the high, the use circumstances for every, and your subsequent steps, see the complete report and hearken to our upcoming webinar (which is able to first broadcast on Monday, March 11, from 11 a.m.–12 p.m. EST and can subsequently be out there as a playback).

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