November 30, 2017
4 Ways to Turn Holiday Shoppers into Return Customers
Merchants rejoice, it’s that time again: retail’s biggest quarter of the year! The National Retail Federation reports that U.S. sales totaled $658.3 billion in November and December 2016, $122.9 billion of which was spent online. And for this year’s holiday season, Forrester predicts a rise of up to 12%. It’s not news that the retail industry is in the middle...
October 16, 2017
Future Talk – The New Era of Commerce
What will the retail of tomorrow look like? How can companies generate and interpret customer data in order to enable a great customer journey? Which kind of experience do customers wish and why is in-store storytelling so important? These were just some of the questions discussed recently by three top-management experts at "Darwins Circle". This event took place in the...
August 9, 2017
6 Ways Technology is fundamentally transforming Retail
Why is technology at the heart of any retail strategy? Why is omnichannel imperative? Why would retailers accept new payment methods? The findings of the recent Advanced Payment Report will give you answers to these and many more questions. Here is a brief overview of some of the report’s most interesting results: 1. Technology is at the heart of any...
February 3, 2017
Why These 5 Ultimate Payment Trends Will Play a Huge Role in 2017
A disruptive mix of consumer-behavioural changes and emerging technologies creates huge opportunities in the payment industry A hot topic for 2017: digitisation means that both shopping habits and payment preferences are changing. Current trends show that internet technology is being used more and more across all shopping channels. Below we look at five payment trends everyone should know about. Trend...
January 25, 2017
Technology Builds the Future Of Retail: It’s all About Combining Different Shopping and Payment Channels Seamlessly
Retailers spend millions on digital change. This will result in more success as consumers are becoming ever-more mobile and connected What is the future of retail about and what does it take to make this future a reality right now? This was just one of the many topics covered at the Digital Life Design Conference (DLD) in Munich. On Monday,...
December 23, 2016
Christian von Hammel-Bonten Talks About The Next Big Wave of Digital Commerce
MEF’s Tim Green talked to Christian von Hammel-Bonten, Executive Vice President Global Product Strategy at Wirecard, about the next big wave of digital commerce on the high streets. By mastering digital-first commerce, Wirecard has become one of the world’s fastest growing companies. Now, it’s turning its attention to the digitalisation of the retail industry. MEF’s Tim Green talked to Wirecard’s...
December 8, 2016
What Does the New ‘Martini Consumer’ Mean for Retail Operating Models?
Anytime, anyplace, anywhere! What does the new ‘martini consumer’ mean for retail operating models? It means that businesses need to be prepared for an ever shifting process of adaption. In the retail industry it can be all too easy to overcomplicate things, both in terms of the terminology we use, and the way we look at, and analyse, certain markets....
December 5, 2016
Travel and Mobility in Europe: Digital Channels are on the Fast Track
Today, about two third of the booking volume is made via online portals – but mobile booking is growing rapidly The travel industry is a competitive space, with airlines trying to keep up with consumer demands while providing comfortable and convenient experiences. As the latest Statista research shows, traditional offline channels play a minor role whereas the newest technology is...
September 28, 2016
The Future of POS: Shoppers and Retailers are Ready for Digital Innovation
This infographic shows how retailers will reinvent POS in the next few years by realizing a bunch of the latest trends like in-store mobile solutions In the last years, the modernization of POS systems got more and more important for retailers. We have seen a lot of merchants venture into omnichannel solutions and try in-store marketing solutions to enrich the...
June 1, 2016
Disruptive Influences: Three Key Trends Transforming the Face of Retail
What today’s consumers are looking for, can be distilled down to just three key points: value, convenience and a unique experience. Retailers who fail to respond to these trends are being punished. Businesses must move towards a more customer-centric approach if they want to survive. The last few years have seen a period of significant change in the retail sector....