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retail

Posts with tag „retail“

February 8, 2019

#pex19: How to make a Light Bulb from a Candle – Learnings from the Payment Exchange

What are the topics, challenges and trends that currently occupy the payment industry – and what are the experts’ answers?  These are precisely the questions that this blog regularly deals with. However, to get the bigger picture, the Payment Exchange, or PEX for short, is the place to be. Not long ago, PEX took place in Berlin and was organized...
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December 21, 2018

Overcoming Borders: How US Consumers Are Crushing the International E-Commerce Game

The results of Wirecard’s third Consumer Insights Survey are in, and US consumers have declared the world an open shopping market. And here, many of the cardinal rules of e-commerce, such as fast shipping and free returns, just don’t apply. Click here to download our Wirecard report "Retail Payments 2019" for free, which summerizes all findings of the survey In...
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November 22, 2018

Why Omnichannel is Mandatory Worldwide – and 5 More Top Findings from the Wirecard Holiday Shopping Report

The results are in! Our recently published International Holiday Shopping Report provides some exclusive insights about international shopping behavior. By surveying more than 3000 consumers in seven key markets across a broad spectrum of demographics, we’re able to reveal unique insights into what matters most to shoppers. The results show which holiday shopping events are quickly rising in prominence and...
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November 13, 2018

11.11 – Why Singles’ Day is the Asian Dragon of eCommerce in the East

Singles’ Day has grown from a small and ironic event to the biggest shopping event in the world and has helped Chinese online trading to great popularity, efficiency and innovation. The annual event that outpaces US online sales on Black Friday and Cyber Monday combined merges pop culture, entertainment and shopping, and sets a new global standard for eCommerce. 2018’s...
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November 9, 2018

Wirecard Survey: Among US Shoppers, Convenience is King

US shoppers are ready to use a wealth of resources if it means finding a better deal or making their shopping experience faster and more convenient. Understanding how to create their own integrated mobile / eCommerce / in-store experience can help retailers stay a step ahead. For our second Consumer Insights Survey of 2018, we zoomed in on how consumers...
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July 30, 2018

Voice Commerce: Just Another Step in the Disappearance of the User Interface

We are currently seeing rapid development in commerce – some refer to it as “omnichannel”. However, I am convinced that consumers do not categorize in “channels” when buying, or do you remember the situation when you lastly decided to “choose another channel” on your last shopping trip? I don’t. In this article, I’d like to emphasize a technical aspect that...
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July 16, 2018

Wirecard Study: The 5 Big Lessons We Learned from US Shoppers

Where do customers prefer to shop – online or in-store? Do they want to see robots in stationary retail? What are consumers buying when using voice commerce? In retail we know how important it is to keep tabs on consumers’ payment preferences and shopping habits – and how difficult a task that can be, with technology, tools, and tastes constantly...
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June 13, 2018

How Blockchain Might Revolutionize the Global Trade in Raw Materials

Blockchain – everybody is talking about this technology, but did you know it is about to revolutionize  global trade in raw materials? Blockchain can actually help make trade more sustainable, improve the lives of raw material suppliers and even reduce the environmental impact of production. We recently shared this video introducing Wirecard’s new blockchain-based use case in a nutshell: To...
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May 14, 2018

Digital Retail: Go Digital – or Go out of Business

There might be traditional retailers who think they can ignore the digital revolution. But those should ask themselves the very simple but uncomfortable question that FinTech expert Chris Skinner recently asked retailers on our blog:         “Is your business fit for this century?” Let’s face it: Even if certain retailers try to ignore digitalization, one thing is for sure -...
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