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With Digital Commerce Surging, Social Media Looks for Its Place in Retail


TECHNOLOGY
By Andrew Asch |
Thursday, January 21, 2021
Social media has minted its own internet celebrities, but many entrepreneurs are trying to judge whether platforms such as
Instagram and
Facebook will make fortunes for retailers.
With the billions of people checking social media every day, these platforms should be natural candidates for shopping. In mid-2020, the platforms, both owned by Facebook Inc., the Menlo Park, Calif., technology conglomerate that earned more than $70 billion in 2019, introduced Instagram Shops and Facebook Shops. In the future, consumers will be able to pay for items through Facebook’s Messenger and Instagram Direct.
The timing to introduce the Shops feature could not be better. 2020 was the year that digital commerce skyrocketed. E-commerce sales increased 49 percent during the 2020 holiday season, according to a report from ....

United States , Menlo Park , Millennials Barton , Los Angeles , Lisa Kline , Wallis Barton , Paula Rosenblum , Facebook Inc , Retail Systems Research , Instagram Shops , Mastercard Spendingpulse , Los Angele Robertson , Cornwall Collection , Digital Commerce , Social Media , Facebook Shops , Instagram Direct , Holiday 2020 , The Cornwall Collection , Gen Z , ஒன்றுபட்டது மாநிலங்களில் , மென்லோ பூங்கா , மில்லினியல்கள் பார்டன் , லாஸ் ஏஞ்சல்ஸ் , லிசா க்லைன் , வாலிஸ் பார்டன் ,

Next up for retailers: A big wave of gift returns


Next up for retailers: A big wave of gift returns
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Next up for retailers: A big wave of gift returns
FILE PHOTO: A woman takes pictures of the Christmas window at the Macy s Herald Square store in New York City, New York, U.S., November 20, 2020. REUTERS/Eduardo Munoz
25 Dec 2020 08:20PM
(Updated:
26 Dec 2020 09:50AM)
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NEW YORK: As shoppers tuck their final Christmas presents under the tree, US retailers are bracing for a record-setting flood of returns of online gifts bought during the deadly surge in coronavirus cases. To make the process more efficient, retailers including Walmart Inc and Target Corp let shoppers drop unwanted gifts at FedEx or United Parcel Service drop-off sites. ....

Rob Zomok , Sriram Sridhar , Inmar Zomok , Paula Rosenblum , National Retail Federation , Dick Sporting Goods , Simon Property Group , Best Buy , Fedex Or United Parcel Service , Walmart Inc , Target Corp , United Parcel Service , Sporting Goods , Inmar Intelligence , ஸ்ரீராம் ஸ்ரீதர் , பால ரோசன்ப்ளம் , தேசிய சில்லறை கூட்டமைப்பு , டிக் விளையாட்டு பொருட்கள் , சிமோன் ப்ராபர்டீ குழு , சிறந்தது வாங்க , ஃபெடெக்ஸ் அல்லது ஒன்றுபட்டது பார்சல் சேவை , வால்மார்ட் இன்க் , இலக்கு கார்ப் , ஒன்றுபட்டது பார்சல் சேவை , விளையாட்டு பொருட்கள் ,