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The growth of online sale is very robust globally, with a growth rate about four times higher than that of all retail sales. Brick-and-mortar stores decided to fight back and put digital transformation and new technologies at the core of their strategy to improve customer in-store experience. 1) Digitalmarketing.
This ease of sharing generates more word-of-mouth marketing than anything else; word-of-mouth marketing, as we all know, generates more sales than most other forms of advertising. If you’re a jewelry retailer, one of your primary goals is to help customers make their purchases as easy as possible. 2) AR & VR integrations.
The augur has envisioned long back that Augmented Reality (AR) – and, conclusively, Virtual Reality (VR) – will be a side of our everyday to-do list in the not-so-distant future. Virtual Reality takes a giant leap; instead of fusing Reality with virtual elements, VR crafts an entirely virtual environment.
In our previous blog post of this series, we learnt how shared resources enabled China’s retailers to manage a surge in demand and its potential to unlock new possibilities for the future. Screenshot of the 360-degree VR panorama car viewing on AutoHome. Crises are known to accelerate the development of new ideas.
Retail eCommerce sales in the US are expected to exceed $485 billion in 2021. To be upfront, eCommerce is one of the few industries to register double-digit growth rate year on year in many countries. Also, different types of digital ads and CTAs (Call –to – Action) should be tested for their performance.
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