Michael Reid’s Post

Supporting Digital Transformation I Enabling Marketplace I Dropship

5mo Edited

At World Retail Congress in Paris last week Boston Consulting Group (BCG) presented a study called "Investing in the Future - How Retailers Use Innovation to Gain an Edge". The screenshot below shows what retail innovators are most focused on. The study also says: "Marketplaces have rapidly become the prevalent business model in retail e-commerce, according to separate BCG analyses, generating 67% of global e-commerce sales." Mirakl customers B&Q and Macy's are the 2 non Amazon / Temu marketplaces mentioned in this report. These companies epitomise retail innovation, both seeing incredible business growth through the marketplace model. So are you an innovator, ready to cause self disruption for future longevity? https://lnkd.in/gw8t6tzz #marketplace #retailmedia #worldretailcongress

3 Comments

robbie 🚲megannety

5mo

Insightful. Marketplaces are where it's at.

Umar Mukhtar

Credit & Cash Control, Financial Reporting & Analysis, Internal Audit, Budgeting / P&L Analysis, Tax, Project & Joint Venture Finance, Treasury, AR / AP, Payroll.

5mo

Very informative, great insight.

See more comments

To view or add a comment, sign in

More Relevant Posts

SPACEWALK

105 followers
6mo
Report this post
An insightful new report by Boston Consulting Group (BCG) and World Retail Congress sheds light on the struggles of top retailers over the past 30 years. The key takeaway? Embrace innovation or risk irrelevance. Innovation leaders are paving the way by prioritizing #ecommerce investments in #retailmedia marketplaces, and #socialcommerce. Innovation has become their secret weapon, providing a crucial edge and bolstering their competitive advantage and resilience. View the report: https://lnkd.in/gFbMququ
Like Comment
To view or add a comment, sign in
Eric Miller

Mirakl Maker | Personalization Pioneer | SaaS Storyteller | Ads Advocate | Amateur Alliterator
5mo Edited
Report this post
Awesome to see BCG recognizing the criticality of innovative capabilities like marketplace and retail media, but following up in a nice 7th place is #personalization! Mirakl Target2Sell is an innovator here as well, helping our customers actually execute where most vendors are held back by all the bottlenecks we have already solved for. #machinelearning-driven #categorysorting, #CDP and #CRM attribute-driven personalization. Ready to execute? You know where to find me.
Adrien Nussenbaum

Mirakl Worker
5mo

🚀 Exciting Insights from the Latest Boston Consulting Group (BCG) Report presented at the World Retail Congress: "Investing in the Future - How Retailers Use Innovation to Gain an Edge" 🚀 According to this report, Innovation Leaders' Top 2 investment priorities are Retail Media and Marketplaces Hallelujah!! With our leading Mirakl Marketplace and Mirakl Ads Platforms, Mirakl is more than ever the Leading Technology for Top E-commerce Activities Join hundreds of Digital Innovators such as Nordstrom who announced last week the launch of their marketplace, or Macy's who reported 145% Q4 2023 Marketplace growth adding 1,350 brands to its offering. As the retail sector continues to evolve, partnering with Mirakl gives you access to cutting-edge technology for the most significant e-commerce spending 🌟 Step into the future of retail with Mirakl Read the full report here: https://lnkd.in/dGxz25BW #RetailInnovation #EcommerceStrategy #Mirakl #Marketplaces #BCGSurvey #RetailTechnology #RetailMedia
Like Comment
To view or add a comment, sign in
Albert Kotze
8mo
Report this post
SPACE, the final frontier... In today's dynamic retail landscape, staying ahead requires strategic innovation. As e-commerce continues to reshape consumer behaviour, retailers must optimize their physical spaces to remain competitive. Led by industry leaders from Deloitte and RELEX Solutions, this 45-minute webinar will delve into the pivotal role of unified space planning and supply chain optimization in driving retail success. Gain insights into: ✅ Transforming challenges into opportunities ✅ Enhancing operational efficiency ✅ Significantly reducing costs ✅ Elevating the customer-centric merchandising experience RELEX, the Rocketship that will get you there! Reserve your spot now. #RetailTransformation #SpaceOptimization #SupplyChainExcellence

Make the Most of Your Space: Unified Space Planning and Supply Chain Optimization

makethemostofyourspaceunifieds.splashthat.eu
Like Comment
To view or add a comment, sign in
Adrien Nussenbaum

Mirakl Worker
5mo
Report this post
🚀 Exciting Insights from the Latest Boston Consulting Group (BCG) Report presented at the World Retail Congress: "Investing in the Future - How Retailers Use Innovation to Gain an Edge" 🚀 According to this report, Innovation Leaders' Top 2 investment priorities are Retail Media and Marketplaces Hallelujah!! With our leading Mirakl Marketplace and Mirakl Ads Platforms, Mirakl is more than ever the Leading Technology for Top E-commerce Activities Join hundreds of Digital Innovators such as Nordstrom who announced last week the launch of their marketplace, or Macy's who reported 145% Q4 2023 Marketplace growth adding 1,350 brands to its offering. As the retail sector continues to evolve, partnering with Mirakl gives you access to cutting-edge technology for the most significant e-commerce spending 🌟 Step into the future of retail with Mirakl Read the full report here: https://lnkd.in/dGxz25BW #RetailInnovation #EcommerceStrategy #Mirakl #Marketplaces #BCGSurvey #RetailTechnology #RetailMedia
2 Comments
Like Comment
To view or add a comment, sign in
Standvast Fulfillment

1,844 followers
6mo
Report this post
New research by Bain & Company and Aptos Retail highlights a game-changing trend in retail: Investing in technology & back-end infrastructure to create a seamless shopping experience isn't just a nice-to-have; it's crucial for growth. Retailers harnessing this power are witnessing significantly higher profitability and sales growth than those lagging behind. 📈 How is your business innovating fulfillment to meet modern consumer expectations? Share your thoughts and strategies below! 💬 Read the full article here: https://lnkd.in/gyJG_-cw #RetailTech #Innovation #FulfillmentExcellence #BusinessGrowth

The State of Unified Commerce: A Bain and Aptos Study

bain.com
Like Comment
To view or add a comment, sign in
Jeff Bulger
8mo
Report this post
In today's dynamic retail landscape, staying ahead requires strategic innovation. As e-commerce continues to reshape consumer behavior, retailers must optimize their physical spaces to remain competitive. Led by industry leaders from Deloitte and RELEX Solutions, this 45-minute webinar will delve into the pivotal role of unified space planning and supply chain optimization in driving retail success. Gain insights into: ✅ Transforming challenges into opportunities ✅ Enhancing operational efficiency ✅ Significantly reducing costs ✅ Elevating the customer-centric merchandising experience Reserve your spot now. #RetailTransformation #SpaceOptimization #SupplyChainExcellence

Make the Most of Your Space: Unified Space Planning and Supply Chain Optimization

makethemostofyourspaceunifieds.splashthat.eu
Like Comment
To view or add a comment, sign in
Robin Tunderman
8mo
Report this post
In today's dynamic retail landscape, staying ahead requires strategic innovation. As e-commerce continues to reshape consumer behavior, retailers must optimize their physical spaces to remain competitive. Led by industry leaders from Deloitte and RELEX Solutions, this 45-minute webinar will delve into the pivotal role of unified space planning and supply chain optimization in driving retail success. Gain insights into: ✅ Transforming challenges into opportunities ✅ Enhancing operational efficiency ✅ Significantly reducing costs ✅ Elevating the customer-centric merchandising experience Reserve your spot now. #RetailTransformation #SpaceOptimization #SupplyChainExcellence

Make the Most of Your Space: Unified Space Planning and Supply Chain Optimization

makethemostofyourspaceunifieds.splashthat.eu
Like Comment
To view or add a comment, sign in
Ines Conzen

Sales Director DACH bei RELEX Solutions
8mo
Report this post
In today's dynamic retail landscape, staying ahead requires strategic innovation. As e-commerce continues to reshape consumer behavior, retailers must optimize their physical spaces to remain competitive. Led by industry leaders from Deloitte and RELEX Solutions, this 45-minute webinar will delve into the pivotal role of unified space planning and supply chain optimization in driving retail success. Gain insights into: ✅ Transforming challenges into opportunities ✅ Enhancing operational efficiency ✅ Significantly reducing costs ✅ Elevating the customer-centric merchandising experience Reserve your spot now. #RetailTransformation #SpaceOptimization #SupplyChainExcellence

Make the Most of Your Space: Unified Space Planning and Supply Chain Optimization

makethemostofyourspaceunifieds.splashthat.eu
Like Comment
To view or add a comment, sign in
Vicki Andersen

B2B SaaS Content Marketing Manager, Writer, SEO Content Strategy
8mo
Report this post
In today's dynamic retail landscape, staying ahead requires strategic innovation. As e-commerce continues to reshape consumer behavior, retailers must optimize their physical spaces to remain competitive. Led by industry leaders from Deloitte and RELEX Solutions, this 45-minute webinar will delve into the pivotal role of unified space planning and supply chain optimization in driving retail success. Gain insights into: ✅ Transforming challenges into opportunities ✅ Enhancing operational efficiency ✅ Significantly reducing costs ✅ Elevating the customer-centric merchandising experience Reserve your spot now. #RetailTransformation #SpaceOptimization #SupplyChainExcellence

Make the Most of Your Space: Unified Space Planning and Supply Chain Optimization

makethemostofyourspaceunifieds.splashthat.eu
Like Comment
To view or add a comment, sign in
Nick Cole

Director - Retail | MBA from Bayes Business School
8mo
Report this post
In today's dynamic retail landscape, staying ahead requires strategic innovation. As e-commerce continues to reshape consumer behavior, retailers must optimize their physical spaces to remain competitive. Led by industry leaders from Deloitte and RELEX Solutions, this 45-minute webinar will delve into the pivotal role of unified space planning and supply chain optimization in driving retail success. Gain insights into: ✅ Transforming challenges into opportunities ✅ Enhancing operational efficiency ✅ Significantly reducing costs ✅ Elevating the customer-centric merchandising experience Reserve your spot now. #RetailTransformation #SpaceOptimization #SupplyChainExcellence

Make the Most of Your Space: Unified Space Planning and Supply Chain Optimization

makethemostofyourspaceunifieds.splashthat.eu
Like Comment
To view or add a comment, sign in

2,020 followers

100 Posts

View Profile Follow

Michael Reid’s Post

More Relevant Posts

Explore topics