Yohan Jacob’s Post

The online grocery market in the MENA region is set to grow a lot, with both demand and competition on the rise. Companies like Yango Tech are empowering retailers to meet this surge in consumer demand, offering a top-notch online/omnichannel experience. Common challenges include operational efficiency, profitability, positive UX, and the development of a qualified in-house team, among others. This is where SaaS companies play a pivotal role, enabling online retailers to drive business growth by establishing efficient processes with minimal capital expenditure. In our latest article featured in the largest business media platform in MENA, we delve into how retailers can leverage SaaS solutions to build a robust online/omnichannel presence. 🚀#YangoTech #RetailTech #SaaS #MENA #OmnichannelExperience https://lnkd.in/evz2TM_2

What is the best way to grow your ecommerce site? With the boom in generative AI and new digital payment options like buy now, pay later, it's no surprise that many e-commerce leaders are feeling a bit unsure about where to focus their efforts. But here's the thing: enhancing omnichannel commerce could be a smart move. Think about it – social media plays a huge role in how consumers interact with brands these days. So, if you can make your online presence slick and engaging across different platforms, you've got a solid shot at increasing customer loyalty. #Ecommerce #Omnichannel #Startups

Social commerce is set to hit a staggering $1.2 trillion in worldwide sales by 2025. Platforms like #TikTok and #Instagram are where many consumers now go to find compelling products and buy them. Which is an exciting opportunity for brands and retailers... ... yet it’s also a significant operational challenge, because customers still expect prompt delivery, flawless communication and smooth returns. Which puts extra pressure on already-tight profit margins. How can these challenges be fully met? Read more to this in our recent blog article here https://lnkd.in/etfxryQ3 #Socialcommerce #omnichannel #ecommerce

🛒 To Retail or Not? Many digitally native brands debate this question. Some food for thought for those who "don't need to be in retail": The (not so) hot take here is, today’s consumer isn’t online or offline. They’re Omnichannel; i.e. they are constantly shopping online + offline and aren’t exclusively loyal to exlclusively purchasing items online as they were during the peak of the Covid-19 pandemic. According to Mckinsey, “75% of US consumers are actively researching products and making purchases in both brick-and-mortar and online channels.” Therefore, I believe every consumer goods brand should at least consider retail in some capacity since so much shopping (and purchasing) occurs offline. #Business #Retail #Marketing #Omnichannel #CPG #DTC https://lnkd.in/eiixtueB

Despite the rise of e-commerce, brick-and-mortar retail is far from obsolete. Recent data shows that offline retail traffic has steadily grown, underscoring its enduring importance. Propmodo Technology investigates how innovative tech helps landlords and examines the importance of physical stores in retail's future; Placer.ai's innovative solutions enhance retail success by providing valuable insights into foot traffic patterns, consumer behavior, and market trends. These insights empower retailers to make informed decisions and optimize their physical store strategies. From serving as showrooms for Digitally Native Brands to offering immersive experiences, physical stores continue to adapt and thrive. There is still much to explore in the world of retail. Read more by clicking on the link below. https://lnkd.in/dTQjVzjf #RetailTrends #RetailTech #LocationAnalytics #Omnichannel #RetailProperty

The Future of eCommerce: 5 Trends to Watch in 2023 and Beyond🚀 The eCommerce landscape is constantly changing, and it can be tough to keep up with the latest trends. But don't worry, I'm here to help! Here are five 🖐️ eCommerce trends that are poised to make a big impact in 2023 and beyond: 1️⃣ The rise of social commerce: Social commerce is when people buy products directly from social media platforms like Instagram and TikTok. It's already huge in China, and it's starting to gain traction in the West as well. 2️⃣ The growth of live shopping: Live shopping is when retailers sell products through live video streams. It's a great way to interact with potential customers and build relationships with them. 3️⃣ The expansion of omnichannel retailing: Omnichannel retailing is when retailers integrate their online and offline stores. This allows customers to have a seamless shopping experience, no matter where they are. 4️⃣ The increasing popularity of voice commerce: Voice commerce is when people use voice assistants like Amazon Alexa and Google Assistant to shop online. It's still in its early stages, but it's growing in popularity, especially among younger shoppers. 5️⃣ The growth of sustainable eCommerce: Sustainable eCommerce is when retailers focus on selling products and services in a way that minimizes environmental impact. This includes things like using sustainable packaging and reducing carbon emissions. These are just a few of the eCommerce trends that are poised to make a big impact in 2023 and beyond. If you're an eCommerce business owner, it's important to be aware of these trends and how they may affect your business. By staying ahead of the curve, you can ensure that your business is well-positioned to succeed in the future. What are your thoughts 🤔🤔 on the future of eCommerce? Share your thoughts in the comments below! #ecommerce #trends #future #socialcommerce #liveshopping #omnichannel #voicecommerce #sustainableecommerce

Southeast Asia's retail sector is on the cusp of transformation but with the incoming wave of AI, what can businesses expect from a technologically advanced retail space? At #jtexpresssg, we are always on the lookout for the interests of businesses and consumers through tech-forward enhancements. Tracy Liu, our Sales & Marketing Director at J&T Express Singapore, most recently shared with Retail in Asia his insights around the evolving shoppers experience through AI and diversified payment methods, as well as the need for businesses to collaborate with technologically-inclined logistics partners.    Read more about his insights here: https://lnkd.in/gxfPG6PQ #AI #artificialintelligence #omnichannel #retail #ecommerce #logistics #delivery #trends

If DTC brands want to scale, then they need to go to brick & mortar either through their own stores or multi-brand outlets. This can hit margins but seems that is the only way to grow. #directtoconsumer #ecommerce #strategy #omnichannel #growthstrategy

Experts discuss e-commerce: all agree omnichannel and customer experience are key ingredients. https://okt.to/9GY5VD #omnichannel #ecommerce #customerexperience #retailers #EcommerceGrowth

🌐Excited to share my latest piece for Euromonitor International, exploring the transformative impact of #marketplace e-commerce on Western Europe's #retail landscape. The article delves into the strategic shifts of Douglas and Kingfisher plc's B&Q, showcasing successful marketplace pivots and their influence on revenue and growth. "With investors and companies increasingly prioritising profitability, seeking ways to disconnect revenue from proportional cost, even as consumers champion convenience and broad assortments, marketplaces are emerging as a natural destination from a winning e-commerce strategy." Read the full article for an in-depth analysis: https://lnkd.in/dBNHpzjr #Ecommerce #Omnichannel #Online #RetailTrends #Digitaltransformation