Ranosys’ Post

The Shopify Southeast Asia Retail Report 2024 is out now! It was a privilege for our COO, Sushma Vyas to be featured in the report, sharing her thoughts on today’s dynamic shopping landscape, challenges faced by retailers, and the critical importance of #CustomerLoyalty. The report is packed with critical insights such as: 🎯 66% of retailers plan to increase their investment in unified commerce in the next year. 🎯 How contextual real-time pricing, social commerce, and business intelligence are major tech investment priorities in the region. 🎯 Even midst a rising inflation, 57% of customers look for value during shopping And more. Download the report to dive into the biggest shopping and retail insights from both consumers and businesses across #SEA: https://shopify.link/JxRL #Ranosys #ShopifyPartner #ShopifySoutheastAsiaRetailReport  #RetailTrends

New Year, New Opportunities for E-Commerce Brands in 2024! As we charge into 2024, it's time for e-commerce brands to set their sights on new horizons and fresh goals. To thrive in the ever-evolving digital landscape, here are the top New Year’s Resolutions for E-Commerce Brands in 2024: 1. Optimize Your Sales Funnels: Streamline your customer journey, from discovery to purchase. Leverage data-driven insights to enhance user experience and boost conversions. 2. Elevate Your Branding: Stand out in a crowded market by refining your brand identity and storytelling. Embrace authenticity and purpose to forge deeper connections with your audience. 3. Embrace Omnichannel Experiences: Seamlessly integrate your online and offline channels to provide a unified customer experience, meeting shoppers wherever they are. 4. Prioritize Sustainability: Consumers are increasingly conscious of environmental impact. Showcase your commitment to sustainability through eco-friendly practices and messaging. 5. Leverage AI and Automation: Harness the power of AI to personalize interactions, automate processes, and gain valuable insights to drive growth. 6. Enhance Cybersecurity Measures: With digital threats on the rise, fortify your defenses to protect customer data and maintain trust. As we embark on a new year, let's seize these opportunities to innovate, connect, and grow. Here's to a successful 2024 for e-commerce brands! 🚀 #Ecommerce #NewYearResolutions #DigitalTransformation #2024Goals #ecommercesuccess #AffiliateMarketing #2024planning #asw

Finland's first #ecommercesummit2024 was a lot. A lot of fun. A lot of discussions. A lot of insights. A lot of sharing. A great experience. Many rewards, many incredibly talented persons in the same room. Long day with a lot of potential and inspired #ecommerceenthusiasts. Some of my personal favorite highlights of the day: ▪ #brandformance & #thumbstopping with Sanoma Media Finland ▪ The potential of #recommerce with Posti Group Oyj ▪ Mikki Inkeroinen's point of the importance the webshop manager can have on shaping the whole organization's tech-strategy ▪ Peter G. Jørgensen's excellent point on how important it is to chose the right internal talents ▪ What a cool picture Benjamin Lang • OLY from Shopify painted of the future potential of moving from #omnichannel to #unifiedcommerce, serving the customers wherever they are and utilizing all available data points. ▪ And last but not least, Eetu Paloheimo from Zalando pointing out the younger generation's shopping preferences and behaviors. Make shopping an experience and fun, not a boring tube-like pipe. Thank you so much for a fun and inspiring day Digital Commerce Finland & Crasman! And of course, a big congratulations to all the category winners! 🏆 #digitalcommerce #ecommerce #verkkokauppa #digitalcommercefinland #networking #crasmancreativenerds

The Shopify Southeast Asia Retail Report 2024 is out now! Value is more important than ever for shoppers, social media is supercharging product discovery, and unified commerce will pave the way for the best omnichannel shopping experiences. The report dives into the biggest shopping and retail insights from both consumers and businesses across SEA. 🤩 One finding that really stood out to me was: Online marketplaces might be popular destinations for shopping, but 86% of SEA consumers don’t mind purchasing from either websites or marketplaces if a business has both. People often turn to brand.com sites for trust, credibility, customer service and loyalty programmes. Download NOW 👉 👉 👉 https://shopify.link/GvAW #ShopifySoutheastAsiaRetailReport #RetailTrends #Shopify

DTC brands are crashing the eCommerce wave! ♀️ Here's a glimpse: 40% more Shopify merchants: Ditching middlemen, connecting directly (Source: Shopify Q3 2023) 25% cross-border boost: Borders blur, international sales surge (Source: Statista) Over 50% mobile spike: Consumers glued to phones, mobile sales skyrocket (Source: Shopify Q3 2023) Conscious consumers are in: 70% favor sustainable brands: Eco-friendly practices are the new norm (Source: McKinsey 2023) Nearly 30% embrace subscriptions: Convenience & value reign, subscriptions on the rise (Source: Recurly 2023) Emerging markets on fire: 46% rise in Asia-Pacific launches: Massive DTC growth opportunity awaits (Source: Shopify Q3 2023) The takeaway? The DTC Shopify market is unstoppable. Exploding growth, evolving preferences, and untapped potential make it a goldmine for innovative brands. Ready to join the DTC revolution? Share your thoughts below! #shopify #ecommercerevolution

Step into the digital bazaar! Expand your reach, showcase your products, and connect with customers globally. Embrace e-commerce for endless opportunities and growth. #DigitalBazaar #Ecommerce #GlobalMarket #BusinessExpansion"

🚀 Join Us Tomorrow for an Exciting Live Session on the Future of Phygital Retail Stores! 🛍️ #shopifyXchange After our insightful first session on Shopify POS two weeks ago, Simon and I are thrilled to invite you to our next live event as part of the 𝘀𝗵𝗼𝗽𝗶𝗳𝘆𝗫𝗰𝗵𝗮𝗻𝗴𝗲 series. This time, we're diving deep into the future of retail stores. 🌟 Topic: 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 𝗨𝗻𝗹𝗲𝗮𝘀𝗵𝗲𝗱 - 𝗪𝗶𝗲 𝗣𝗵𝘆𝗴𝗶𝘁𝗮𝗹 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗱𝗲𝗻 𝗘𝗶𝗻𝘇𝗲𝗹𝗵𝗮𝗻𝗱𝗲𝗹 𝗻𝗲𝘂 𝗱𝗲𝗳𝗶𝗻𝗶𝗲𝗿𝘁 📅 Date: Tomorrow, Thursday November 22nd 🕚 Time: 11:00 AM Simon and I have been closely involved with the 𝗣𝗵𝘆𝗴𝗶𝘁𝗮𝗹 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 concept, witnessing its implementation not in distant lands like the United States, but much closer to us in Germany. Tbh, unexpected close! In our session, we will share our firsthand experiences of how hundreds of stores in that region are already 𝘀𝗲𝗮𝗺𝗹𝗲𝘀𝘀𝗹𝘆 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗻𝗴 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝗻𝗱 𝗽𝗵𝘆𝘀𝗶𝗰𝗮𝗹 𝗿𝗲𝘁𝗮𝗶𝗹 𝘀𝗽𝗮𝗰𝗲𝘀. What's in Store for You: 👉 Real-life examples of fully digital retail spaces. 👉 Insights into how these stores are flawlessly merging online and offline worlds. 👉 Discussion on how Shopify can play a pivotal role in this retail revolution. This session is a must-attend for anyone interested in the future of retail and how current trends are shaping up. We will explore innovative concepts, share practical insights, and discuss how these changes are already being successfully implemented in stores closer to us. 📌 The future of retail is here, and it's more exciting than ever! Be part of this enlightening discussion on what retail could look like, where it's happening, and how it's thriving within the Shopify ecosystem. 👇 The link for free registration is in the comments. Don't miss out on this opportunity to learn and grow with us! All in German of course! CC: Sabrina, Alexander, Elke, Benjamin, Tim, Martin, Linda, Roman, Lisa, Maurice, Yann, Caroline, Dominik, André, Sarah, Andreas, Luisa, Pavel #retailinnovation #phygitalcommerce #futureofretail #Shopify #ecommerce

Time after time, Yotpo has proven themselves as real channel strategy superstar of the e-commerce world. Their collaboration with Princess Polly, an Australian women's wear brand, underscores this, spotlighting their expertise in SMS marketing through their award-winning retail communications platform. The numbers speak for themselves: 🛍️ 43% MoM subscriber growth from checkout and pop-up opt-ins 🛍️ 41% conversion rate and 73x ROI from non-engaged segment during flash sale 🛍️ 84% conversion rate on welcome flow based on Yotpo’s Shopify integration These numbers aren’t just data; they’re a testament to the transformative power of strategic SMS communication in elevating customer experiences and driving unparalleled growth. But there’s still more to uncover with this success story... Dive deeper and discover the full narrative behind this Textie award triumph → https://bndwdth.co/4cLwmYn

#ecommerce Breaking up is hard to do, or so says Rick Watson and Mark Friedman who were commissioned by Shopware to provide a report about the dilemma that mid market merchants find themselves in. Needing to innovate but unwilling or unable to get off their previous platform. Some of their findings: "We’ve found that more CEOs are willing to spend on marketing and marketing technology than platform technology. In particular: * More merchants are choosing NOT to replatform than replatform, even in cases where they should be." How many of us feel like this - it may be a reality, not a yard stick to beat people with. What is the mid-market? Defined usually in terms of GMV - but this is 1 dimensional. What else should be considered? Company Structure, Brand Complexity, Catalog, Channels, Customer Experience. In a nutshell, mid market is defined through complexity. "Mid-market merchants have almost all the requirements and complexity of an enterprise business with no margin dollars to pay for it. " This survey detail shows how difficult this decision can be. Demandware IPOs in 2012 and listed a number of large merchants on their platform at the time. Today over 50% of them still remain on the platform. Testament to Salesforce? Maybe. But strange all the same. Legacy is hard to unravel. Especially when growth was the word of the year for over a decade. As you read this, you may emapthise with the pains of the mid market Rising costs Poor customer experiences Lack of talent Technical Complexity Declining traffic Missing data opportunities Channel Complexity For me, Talent is a big one. With mulitple projects going on, getting someone to manahge this is tricky. I discussed this with Rick recently where we drew a conclusion that most people in senior ecomm roles had never done a replatform in their careers. The other is architecture. A key, new/old skill or competency this market segment will need to be hiring to get this right. At #NRF the decision boiled down to Unified or Composable - too clean expressions to be so simple. In this report there is a lot to take in (I avoided unpack, just cos') but useful decision criteria. We will spend a lot of time this quarter talking this one out. Not for the faint of heart - hence, breaking up is hard to do. No, you hang up!! I will share the link in the comments. #strategy #retail #omnichannel #usretail #platform

➡ In the e-commerce industry, trust is paramount as consumers often purchase goods before seeing them, making it essential for companies to win and maintain their customers' trust, especially among Gen-Z, who value trust in brands more than any previous generation. 💡 A report by Edelman highlights that 79% of Gen-Z believes trust in brands is more important now than in the past, and 67% of consumers who trust a brand are likely to remain loyal. Building trust within an organization is the first step toward earning consumers' trust. #retail #ecommerce #trust