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The Retail Reality Post Covid-19 Infographic by Krish TechnoLabs

THE 'RETAIL' REALITY POST-COVID-19 Buy online, pickup in-store (BOPIS) usage surged by 259% YoY as consumers $190B has been spent through smartphone devices so far this year. continue venturing out to stores, and retailers continue improving their BOPIS experience. It slipped a little as stores opened, and the U.S. consumers spent a total of $63B in August 2020. As of August 2020, we've had 130 days of $2B outside of the holiday season, which in 2019, were just two. We've had three $3B days as of May 2020 which were 4th, 18th, and 25th May respectively. 2019 had no $3B days. U.S. online spending in May 2020 hit $82.5 billion, up 77% U.S. consumers have spent 14 billion hours, or 1.6 million years, shopping online this year. year-on-year. 50% Smartphones are on track to contribute more than 50% of Smartphones are significantly past the half-point of visits to retailer websites and account for 40% of all sales. online spending by September 2022. krish Reference: Adobe Digital Economy Index TECHNOLABS

The Retail Reality Post Covid-19 Infographic by Krish TechnoLabs

shared by krishtechnolabs on Nov 30
The impact of covid-19 on the retail sector has been drastic. Let's see a detailed infographic on how retail reality will change the digital scenario post covid 19.


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