The Checkout

Klarna annual trend report reveals 'nostalgia' as key shopping theme for 2022 as consumers turn to products reflective of more carefree times

Retrieved on:

Monday, December 5, 2022

Publication, Culture, Checkout, Netflix, Life, The Checkout, Stranger Things, Counterculture, Bridgerton, WGSN, Online shopping, Retail, Klarna, Jelly

Trend expert Agus 'The Algorythm' Panzoni, who collaborated with Klarna on the report, points to a longing for happier, more carefree times as a driving factor behind the theme.

Key Points:

Trend expert Agus 'The Algorythm' Panzoni, who collaborated with Klarna on the report, points to a longing for happier, more carefree times as a driving factor behind the theme.
Under the 2022 theme of nostalgia, Klarna has identified five distinct global trends.
Panzoni goes on to explain that "its clear people have been turning to products that remind them of happier, more carefree times."
In 2021, she coined the Subversive Basics trend which has 90 M views and was featured in major publications

2021 Review of Checkout Process in Top-25 Russian Online-Retailers - ResearchAndMarkets.com

Retrieved on:

Tuesday, July 27, 2021

Retail, Other Retail, Marketing, Economy, Merchandising, Consumer behaviour, Payment systems, Benchmarking, Strategic management, Customer experience, Online shopping, The Checkout, Retail

The "Review of Checkout Process in Top-25 Russian Online-Retailers 2021 - Market Analysis and Trends, Benchmarking, 100+ Best Practices" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Review of Checkout Process in Top-25 Russian Online-Retailers 2021 - Market Analysis and Trends, Benchmarking, 100+ Best Practices" report has been added to ResearchAndMarkets.com's offering.
The study focuses on customer experience through the checkout process at the largest online stores in Russia.
They will be useful for both retailers and financial services providers as they can help make checkout processes easier and more convenient for any type of goods.
New guidelines and best practices will help boost product development and gain public recognition for the quality of implemented features.

Bolt Raises $50M Series C and Creates First Checkout Experience Platform

Retrieved on:

Thursday, July 16, 2020

The Chaser, The Checkout, Online shopping, Bolt, Economy, Payment systems, Television in Australia, Television series

Bolt is leveling the ecommerce playfield with its one holistic product that offers a world-class checkout experience frontend, along with all the full stack of features and integrations that checkout touches.

Key Points:

Bolt is leveling the ecommerce playfield with its one holistic product that offers a world-class checkout experience frontend, along with all the full stack of features and integrations that checkout touches.
The company has invested millions of dollars and years of experimentation into perfecting the checkout experience, and this new round of funding allows the company to continue building on its successes, including:
Category Creation: Bolt is the industry's first checkout experience platform designed to standardize and simplify the checkout experience.
Bolt's checkout experience platform gives online retailers one single product for managing the most important part of ecommerce: checkout.
Bolt is the world's first checkout experience platform, designed to give retailers the freedom to focus on their brand while Bolt perfects the purchase.

Nordic ID Recognised by Frost & Sullivan for Its Ground-breaking RFID Solutions That Enable Instant Checkout for Retail Customers

Retrieved on:

Monday, May 6, 2019

Economy, Payment systems, Marketing, Retailing, E-commerce, Self-checkout, Articles, Radio-frequency identification, The Checkout, Online shopping

Nordic ID signed a strategic partnership with IBM iX, the design and consulting division of IBM, to develop an RFID-based self -checkout solution.

Key Points:

Nordic ID signed a strategic partnership with IBM iX, the design and consulting division of IBM, to develop an RFID-based self -checkout solution.
Inspired by the co-operation, the company developed a novel instant checkout solutionthe Nordic ID Self-Checkout.
"With the Nordic ID Self-Checkout, the company has made the checkout experience quicker and more accurate for retail consumers," said Ram Ravi, Industry Analyst at Frost & Sullivan.
Nordic ID offers informational materials as well as technical and other support services to meet customer needs in different industries.

Nordic ID Recognised by Frost & Sullivan for Its Ground-breaking RFID Solutions That Enable Instant Checkout for Retail Customers

Retrieved on:

Monday, May 6, 2019

Economy, Payment systems, Marketing, Retailing, E-commerce, Self-checkout, Articles, Radio-frequency identification, The Checkout, Online shopping

Nordic ID signed a strategic partnership with IBM iX, the design and consulting division of IBM, to develop an RFID-based self -checkout solution.

Key Points:

Nordic ID signed a strategic partnership with IBM iX, the design and consulting division of IBM, to develop an RFID-based self -checkout solution.
Inspired by the co-operation, the company developed a novel instant checkout solutionthe Nordic ID Self-Checkout.
"With the Nordic ID Self-Checkout, the company has made the checkout experience quicker and more accurate for retail consumers," said Ram Ravi, Industry Analyst at Frost & Sullivan.
Nordic ID offers informational materials as well as technical and other support services to meet customer needs in different industries.

Moltin Democratizes “Amazon Go” Shopping Experience for Every Brand and Retailer

Retrieved on:

Wednesday, March 27, 2019

Benefits to Brands and Retailers:

Key Points:

Benefits to Brands and Retailers:
"It's important to us that every aspect of the Stance store journey upholds our brand standards and creates an excellent experience for our guests."
"Our Self Checkout solution allows guests to choose a fast, convenient alternative to waiting in line to pay.
Unlike other Self Checkout solutions that require consumers to download an app, the Moltin-powered Self Checkout solutions are based on a progressive web application optimized for mobile browsers, which means an easy, frictionless experience for consumers.
On the backend, Moltin powers both Self Checkout solutions with APIs that submit product information to the application, create the cart, add products, and process the checkout.

New Study Uncovers Untapped Opportunity at Retail Checkout

Retrieved on:

Monday, September 24, 2018

Marketing, Merchandising, Economy, Business economics, E-commerce, Consumer behaviour, The Chaser, The Checkout, Retail, Online shopping

Despite its importance, for decades the opportunity has been largely untapped due to limited visibility and outdated tools," said Marlow Nickell, co-founder and CEO of Popspots.

Key Points:

Despite its importance, for decades the opportunity has been largely untapped due to limited visibility and outdated tools," said Marlow Nickell, co-founder and CEO of Popspots.
The study uncovered that 77% of consumers have selected and purchased additional products at the checkout and 57% have purchased a new brand/product after seeing it in the checkout line.
Despite the incredible sales opportunity, US grocery retailers alone lose nearly $500M in annual sales at checkout due to out-of-stock and misplaced products.
What's more, while consumers turn away from digital advertising, the study indicates that the retail checkout is shaping the future of advertising success.