Online retail is easy and convenient, but shopping is also a social experience and this is where 'bricks and mortar' retailing continues to excel. A visit to a physical store can mean time with family and friends. And there are many purchases that people like to make, where they are able to see, touch and even smell products before making a choice.
Year by year more parts of our lives are becoming impacted and influenced by technology. It has made us more connected than ever but arguably also less social (in the real sense of the word). But love or loathe 'this sort of' technology it is fair to say that most of us couldn't now live without it without taking a serious drop in our standard of living.
High-street shops need to compete online more effectively, as retailers are losing £12 billion in sales a year simply because they do not have suitable websites. So what is the solution to this problem? This report proposes not one, but four.
Do you know why most startups fail in the first year? Because it usually takes longer than a year to build real traction and create a successful business, something many entrepreneurs totally underestimate.
The Black Friday/Cyber Monday weekend exposed the shaky digital infrastructure of a number of Britain's most prominent retailers. Major brands experienced online outages, succumbing to the sheer quantity of customers logging on to splurge their festive millions.
Shoppers are now savvier than ever before, moving between both offline and online channels to find exactly what they want. This has raised a real challenge for brands who now need to keep up with the new pace of tech savvy consumers.
You ask 10 people and you will get 10 different views on the health of the high street. Then you will get others asking if the high street is still relevant any more. It's not that the debate is polarised, as much as the fact that the changes that have hit retail have been so profound and have happened in such a short space of time that we struggle to make sense of them. Data and statistics only cloud the issue further.
It's been 14 years since Natalie Massenet launched her revolutionary ambition on the world: women could buy clothes online. Online! On the internet! Who could imagine? Fast forward to 2014, and it's hard to imagine anything different.
It should come as no surprise if future eCommerce innovations stem from these regions, rather than more established areas like North America and Western Europe.
Mobile commerce is on the up and up, and your eCommerce business will need to ensure you're up to the play when it comes to mobile payments if you want to keep pace in 2014 and beyond. Here are Worldpay's top tips for optimising your online mobile payments.