A recent study by KPMG was largely based on an online survey of 18,430 consumers living in 50 different countries. The purpose of this study is to provide retail companies with global insights into customer behaviors and preferences (Ai-powered). The study concluded that over 23% of millennials prefer to shop in stores instead of online. […]
In spite of this sudden surge in demand, recent increases in carrier shipping surcharges are either eating into their margins or decreasing sales. Although this sudden uptick in demand is seemingly great news for eCommerce merchants, recent increases in carrier shipping surcharges are either eating into their margins or hurting sales. Source: Digital Commerce 360, […]
Thanks to the economic impact of COVID-19, businesses, and consumers across the globe increasingly went online – according to UNCTAD global review report – raising the eCommerce share of global retail trade from 14% in 2019 to about 17% in 2020. Even the 2021 data released by IBM highlighted that the pandemic has accelerated the […]
For this edition of our Client Spotlight, we are featuring Charge Bikes, one of our newer clients in the Outdoor Sports category. Charge Bikes provide a smooth, fun ride with less fatigue. Riding one is like having the wind at your back—you go farther and faster, without even breaking a sweat. The idea of building […]
Welcome to the inaugural issue of the FenixCommerce client spotlight of Grayl! In this recurring series, we’ll look at how some of our clients across a broad range of product categories are using the FenixCommerce Intelligent Delivery Platform to increase conversion and shipping revenue, streamline fulfillment, and help grow their eCommerce businesses. Grayl is a […]
Along with the many unprecedented changes brought upon by COVID, we are seeing a shift in how DTC companies operate and deliver their products to their customers. There have been 6,378 retail store closures thus far and Coresight estimates that this number will continue to rise to 12,000 by the year end--with a lot of […]
