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Online grocery sales grow 33% in 2020 as shopping habits shift permanently Where global retail is struggling under a new regime of consumer behaviour, online grocery shopping is booming with the sector set to grow 33% in 2020 to reach an estimated value of £16.8 billion, up from £12.7 billion in 2019. Online grocery sales grow 33% in 2020 as shopping habits shift permanently. This rise follows four consecutive years of slowing growth: in 2019…

Introducing new tools and resources for creators on Pinterest. People are turning to Pinterest more than ever in search of inspirational content to help them adjust to the “new normal” way of life during the coronavirus pandemic. Creators and businesses have always been at the heart of the Pinterest community and they are responding by tailoring their content for timely and creative ideas like how to live in isolation, caring for family, working remotely, exercising…

How IoT Changes the E-Commerce Industry? Online commerce is now the primary way of selling and buying products. In the middle of social distancing, the number of online shoppers is growing. Many companies are forced to look for new ways of achieving their strategic goals. What Does the Future Hold for the e-Commerce Industry? The role of technology in the e-commerce industry should not be underestimated. Pervasive implementation of the Internet of Things is predicted…

Islamabad: State bank of Pakistan granted EMI license to Sadapay. SadaPay has announced that it has been granted the in-principle approval by the State Bank of Pakistan (SBP) for an Electronic Money Institution (EMI) license. This approval allows SadaPay to ready its operations for the pilot phase, during which the digital wallet will be available on a limited scale, under supervision of the regulator. The startup is founded by American serial entrepreneur Brandon Timinsky, who…

Retail Stores Create The New Normal As Businesses Begin To Open Up. The future retail environment is weighing on the minds of companies, shoppers and employees. People want to feel safe, get their lives back to normal and start shopping again. While shoppers are anxious to get out of their homes, the return to normal may take time. However, it will be a new normal. There is not a unified reopening strategy across all states…

Several companies have selflessly promoted online payments recently due to the Corona Virus outbreak. By waiving customers charges from internet, mobile and ATM transactions, Banks opt to ensure the safety of their customers and employees during this outbreak. Basically, the digital payments in Pakistan have received a big push; not only in Pakistan but many other countries too, people are reducing the use of cash out of fear of contracting the virus. Pakistan’s e-commerce index…

How to Manage & Visualize KPIs for Ecommerce This post will offer a framework for identifying, tracking and visualizing key performance indicators. It applies to all company sizes — big and small. Start by establishing the most important metrics for your business. KPIs for Ecommerce First, decide the reporting period. Weekly? Monthly? The answer usually depends on who is monitoring. Senior management likely looks at the data once a month. Mid-level managers need it weekly,…

Top 7 Digital Marketing Strategies in 2020. Brands are feeling the weight of competition in a digital world that never shuts off. Old methods are not working like they use to. Even industries that were slow to adopt new digital media are now experimenting with new media formats, digital platforms and technologies to break through the digital noise. How do smart marketers win in 2020? How do they stand out in a sea of digital…

Channel shift – Prioritizing digital commerce COVID-19 is a global pandemic, evolving at unprecedented speed and scale. It is creating a universal imperative for governments and organizations to take immediate action to protect their people. Self-quarantine. Social distancing. Community spread. These formerly obscure terms are now everyday words. New habits and behaviors are forming that in many cases are not likely to go away after the crisis passes. For customers, the most immediate impact is…

Learn About Changing Trends and Outlooks of Retail channels in Pakistan Changing Trends and Outlooks of Retail channels in Pakistan. The retail universe in Pakistan has rapidly gone through an evolution especially after the proliferation of modern retail outlets and development of big shopping malls. E-Commerce, on the other hand, has also emerged as a new retail channel in Pakistan with significantly important players like Daraz and Alibaba competing for market share. The demographics in…