Revisiting 2021 Retail Tech Trends

It’s retail tech’s time.

A 39% YoY rise in U.S. e-commerce sales in Q1 ($196 billion vs. $141 billion) shows how much online shopping has matured during the pandemic [Digital Commerce 360].

Now retail tech companies are transforming the global e-commerce infrastructure to connect companies and consumers, as they grow in digital sophistication.

Recent developments:

  • E-COMMERCE & ENTERTAINMENT CONVERGE

    Netflix partnered with Shopify to blend media & merchandise sales. Amazon bought MGM Studios to make Prime membership even more tantalizing.

  • AR DRIVES E-COMMERCE SALES

    Virtual try-ons help online shoppers buy with confidence across categories like beauty, apparel and jewellery

  • WE’RE HUNGRY FOR CONVENIENCE

    82% surge in U.S. grocery e-commerce sales since 2019, from $62 billion to an estimated $112 billion for 2021  [Insider Intelligence eMarketer]

Which 2021 retail tech trends stand out most for you?

Related:

E-Commerce as Entertainment

Virtual Try-Ons: Try Before You Buy

Ravenous for E-Grocery

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