Social commerce

VS Media Provides Recent Updates to Shareholders

Retrieved on: 
木曜日, 5月 30, 2024

To the Valued Shareholders of VS Media:

Key Points: 
  • To the Valued Shareholders of VS Media:
    I am pleased to share the following update on the company’s recent progress and announcements.
  • VS Media will further explore opportunities in the offline event space to grow its revenue.
  • In October 2023, VS Media announced its expansion into Macau, further solidifying its presence in the Asian market.
  • With a robust network of talented content creators, VS Media consistently delivers impactful campaigns that resonate with target audiences, driving brand awareness and engagement.

North America B2C E-Commerce Market & Payment Innovation Trends 2024 - North America's Real-Time Payments are Expected to Surge to 13 Billion Transactions by 2027 - ResearchAndMarkets.com

Retrieved on: 
金曜日, 5月 31, 2024

The "North America B2C E-Commerce Market & Payment Innovation Trends 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America B2C E-Commerce Market & Payment Innovation Trends 2024" report has been added to ResearchAndMarkets.com's offering.
  • This report offers an overview of the B2C E-Commerce market and payment innovation trends in North America, with a focus on the U.S. and Canada.
  • It details key market dynamics, including product categories, mobile & Omnichannel commerce, social commerce, and payment trends as digital payments, POS, real-time payments, and BNPL services.
  • In 2022, North America ranked second globally in B2C E-Commerce, with over 40% of consumers using digital wallets monthly.

Top Digital Trends for 2024: Technological Convergence will Drive Transformational Growth in 2024 - ResearchAndMarkets.com

Retrieved on: 
金曜日, 5月 31, 2024

This report anticipates 2024 to be a year of convergence of novelty and necessity, with a paradigm shift to the mainstream adoption of artificial intelligence (AI).

Key Points: 
  • This report anticipates 2024 to be a year of convergence of novelty and necessity, with a paradigm shift to the mainstream adoption of artificial intelligence (AI).
  • The retail experience will be completely transformed by social commerce and metaverse developments, which will drive eCommerce.
  • In addition, a more individualized and decentralized digital ecosystem is becoming possible with the implementation of Web 3.0.
  • One of the major challenges in adopting digital trends is data privacy and security risks leading to a lack of user trust.

Forrester: Global Online Retail Sales To Grow 8.9% Annually, Reaching $6.8 Trillion In 2028

Retrieved on: 
木曜日, 5月 30, 2024

Forrester (Nasdaq: FORR) forecasts that total global online retail sales will grow from $4.4 trillion in 2023 to $6.8 trillion by 2028 at an 8.9% compound annual growth rate (CAGR).

Key Points: 
  • Forrester (Nasdaq: FORR) forecasts that total global online retail sales will grow from $4.4 trillion in 2023 to $6.8 trillion by 2028 at an 8.9% compound annual growth rate (CAGR).
  • According to the report Global Retail E-Commerce Forecast, 2024 To 2028 , which provides a five-year forecast for total, online, and offline retail sales for 40 countries globally, despite the growth in e-commerce, 76% (or $21.9 trillion) of global retail sales will still occur offline in 2028.
  • In the US, online retail sales are expected to reach $1.6 trillion by 2028, accounting for 28% of total US retail sales.
  • E-commerce is more mature in the US compared to Canada, with Canadian online retail sales expected to reach $83 billion by 2028.

Forrester: Global Online Retail Sales To Grow 8.9% Annually, Reaching $6.8 Trillion In 2028

Retrieved on: 
木曜日, 5月 30, 2024

Forrester (Nasdaq: FORR) forecasts that total global online retail sales will grow from $4.4 trillion in 2023 to $6.8 trillion by 2028 at an 8.9% compound annual growth rate (CAGR).

Key Points: 
  • Forrester (Nasdaq: FORR) forecasts that total global online retail sales will grow from $4.4 trillion in 2023 to $6.8 trillion by 2028 at an 8.9% compound annual growth rate (CAGR).
  • According to the report Global Retail E-Commerce Forecast, 2024 To 2028 , which provides a five-year forecast for total, online, and offline retail sales for 40 countries globally, despite the growth in e-commerce, 76% (or $21.9 trillion) of global retail sales will still occur offline in 2028.
  • In the US, online retail sales are expected to reach $1.6 trillion by 2028, accounting for 28% of total US retail sales.
  • E-commerce is more mature in the US compared to Canada, with Canadian online retail sales expected to reach $83 billion by 2028.

Klaviyo Launches TikTok Integration to Boost Ad Efficiency and Drive Higher Conversions

Retrieved on: 
木曜日, 5月 30, 2024

Klaviyo (NYSE: KVYO), the company that powers smarter digital relationships, today announced an integration with TikTok, enabling businesses to sync their Klaviyo lists and segments to TikTok Audiences.

Key Points: 
  • Klaviyo (NYSE: KVYO), the company that powers smarter digital relationships, today announced an integration with TikTok, enabling businesses to sync their Klaviyo lists and segments to TikTok Audiences.
  • With a one-click integration into TikTok Ads, brands can leverage Klaviyo’s intelligent segmentation to deliver hyper-personalized, non-disruptive experiences within TikTok.
  • Track performance and optimize your ad strategy: Understand how targeted ads or ad groups are performing in order to optimize effectively.
  • “The TikTok and Klaviyo integration has significantly improved how we target our current and prospective customers,” said Alyssa Brown, VP of Marketing at TELETIES.

etaily Launches in Singapore

Retrieved on: 
木曜日, 5月 30, 2024

The Philippines headquartered digital commerce enabler enters Singapore, leveraging its next generation full-suite e-commerce enablement infrastructure powered by its operating engine, etaily Clarity.

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - May 30, 2024) - Today, etaily , the Philippines-headquartered e-commerce solutions provider, announces its expansion into Singapore.
  • This comes at the heels of etaily raising its Series A of $17.8-million USD at the end of 2023.
    etaily plans to roll out its full suite of digital commerce managed services, including etaily BrandSuite, its brand commerce management solution; etaily Studios, its live streaming solution; and etaily Society, its influencer network, all powered by its powerful e-commerce management platform, etaily Clarity.
  • To support its expansion, etaily established a local team in Singapore focused on cultivating and expanding domestic networks that encompass brands, creators, e-commerce platforms, and logistics networks.
  • To view an enhanced version of this graphic, please visit:
    Alexander Friedhoff, founder and CEO of etaily commented: "Singapore is a vibrant and bustling city open for business 24/7.

Xcel Brands, Inc. Announces First Quarter 2024 Results

Retrieved on: 
月曜日, 5月 20, 2024

Direct Operating Costs and Expenses of $4.0 million for the quarter, a reduction of $3.0 million or 43% from the prior year quarter.

Key Points: 
  • Direct Operating Costs and Expenses of $4.0 million for the quarter, a reduction of $3.0 million or 43% from the prior year quarter.
  • GAAP net loss of $6.3 million for the quarter, compared with GAAP net loss of $6.0 million in the prior year quarter.
  • Adjusted EBITDA of ($1.6) million for the quarter, compared with Adjusted EBITDA of ($3.0) million for the prior year quarter, an improvement of $1.4 million.
  • NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping and social commerce, today announced its financial results for the first quarter ended March 31, 2024.

Emplifi Earns Nine 2024 Top Rated Awards From TrustRadius

Retrieved on: 
水曜日, 5月 15, 2024

With Direct Message volume on average in the 2,000 message range, Emplifi Social Marketing allows us to easily track who has been replied to, provide assistance, and organize the tickets with labels.

Key Points: 
  • With Direct Message volume on average in the 2,000 message range, Emplifi Social Marketing allows us to easily track who has been replied to, provide assistance, and organize the tickets with labels.
  • It provides a personalized and human touch.” ( Superdrug, retail industry )
    On this recent TrustRadius recognition, Susan Ganeshan, Emplifi CMO, said: “Emplifi is proud to create products that inspire such gracious feedback in our user community.
  • “Emplifi Social Marketing and Emplifi Social Commerce earned nine Top Rated Awards based directly on enthusiastic user feedback from its customers.
  • Emplifi continues to excel in meeting and exceeding the expectations of marketing and commerce teams.”

Soaring Social Commerce Market in Turkey Anticipated to Expand Remarkably, with Projected Growth to Reach US$13.76 Billion by 2029 - ResearchAndMarkets.com

Retrieved on: 
木曜日, 5月 2, 2024

The social commerce sector in Turkey is undergoing tremendous growth and is projected to escalate further, manifesting a considerable 35.4% annual increase to hit the US$3.82 billion mark in 2024.

Key Points: 
  • The social commerce sector in Turkey is undergoing tremendous growth and is projected to escalate further, manifesting a considerable 35.4% annual increase to hit the US$3.82 billion mark in 2024.
  • This unprecedented expansion within Turkey's social commerce ecosystem is anticipated to maintain a robust compound annual growth rate (CAGR) of 29.2% through to the year 2029.
  • By the end of this forecast period, the social commerce Gross Merchandise Value (GMV) is forecasted to reach an impressive US$13.76 billion.
  • The research also explores various social commerce platforms, from video commerce initiatives to social network-led commerce, group buying, social reselling, and product review platforms, offering a holistic view of the thriving digital commerce ecosystem in Turkey.