Many retailers face a post-pandemic moment of truth. Four priorities for retailers in a post-COVID-19 world. Simply and digitalize end-to-end processes, accelerating timeline 2-3 years. -from Bain Insights
As the Coronavirus epidemic continues to spread globally, social media posts and news articles concerning the outbreak are also surfacing. Which of these do you believe? -from Visualistan
97% of us don't read them. The service agreement for Microsoft stands out at the top of the list with an agreement that would take over an hour to read — a bit less time than it would take to read Shakespeare’s Macbeth. To be fair, this service agreement does seem to cover the company’s entire suite of products. -from VisualCapitalist
With online retail sales estimated to reach an eye-watering $6.5 trillion by 2023, the ecommerce sector was already booming. Many consumers are also using their newfound time to focus on their health, with 85% of consumers taking up some kind of exercise while in social isolation, and 40% of them saying they intend to keep it up when restrictions are lifted. -from VisualCapitalist
How Coronaviruses work - The History of Pandemics - Coronavirus Simulator: Limiting the Exponential Threat - Real Time COVID-19 Map - Which Countries are Flattening the Curve - Tracking the Coronavirus: The Latest Figures - COVID-19 Stats and Research -from visualcapitalist
On the bright side, some analysts are forecasting a recovery as early as the third quarter of 2020. A variety of factors, such as government stimulus, consumer confidence, and the number of COVID-19 cases, will play into this timeline. -from visualcapitalist.com
84% businesses AI will enable reach or sustain competitive advantage. 80% of retailers will use IoT to customize store visits by 2021. 32% of retailers expect to add AR/VR for enhanced product experience in 3 years. -from readwrite.com
The more civilized humans became – with larger cities, more exotic trade routes, and increased contact with different populations of people, animals, and ecosystems – the more likely pandemics would occur. -from VisualCapitalist.com
More than 50% of the global online population have shopped online more than once. How big is global ecommerce? What are we buying online? What percentage of purchases are socially influenced? -from Visual.ly
Since 1950, the amount of people living in cities has risen almost six-fold, from 751 million to over 4 billion in 2018—more than half of the planet’s population. Over the next three decades, cities are projected to add yet another 2.5 billion more people.
This continuing migration to urban areas puts greater pressure on public services as well as urban planning. As a result, cities are implementing solutions driven by technology and data to reduce the added strain created by this growth. -from VisualCapitalist
The fifth generation of mobile networks is here, and is expected to have a bigger impact on the global economy than any previous iterations, contributing more than $13 trillion to output worldwide by 2035. According to forecasts, China is set to see the most economic gains from the roll-out. -From Raconteur
If each country increased its social mobility score by just 10 index points, it could result in an extra 4.41% of cumulative GDP growth for the global economy by 2030—equal to $5.1 trillion. - From Visual Capitalist
Think of it as the entire history of modern retail in a single view. In this chart Kantar Retail IQ summarized the shopper dynamics, retailer strategies and supplier responses that were the foundation of global retail’s evolution during each of the seven decades of modern retail. -Kantar
As many as 90% of consumers say they trust online recommendations for products; and up to 25% of social media shoppers say they use social channels to finalize purchases. - From Retail Touch Point
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