ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones

Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
Nearly 1 in 4 Millennials Shop for Non-Grocery Retail Items From Their Phones
December 08, 2023  |  Mobile

With the advent of smartphones, consumers have embraced the convenience of shopping from the palm of their hand, resulting in a significant transformation in their...

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Meal Kit Subscriptions Eat Away at Brick-and-Mortar Grocers’ Market Share
Meal Kit Subscriptions Eat Away at Brick-and-Mortar Grocers’ Market Share
December 07, 2023  |  Consumer Insights

With consumers getting pre-portioned ingredients from online subscriptions, PYMNTS Intelligence reveals, many are spending less time shopping for groceries in stores. Get the Full Story...

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Rent the Runway Co-Founder Jenny Fleiss Joins Initialized Capital
Rent the Runway Co-Founder Jenny Fleiss Joins Initialized Capital
December 07, 2023  |  Startups

Rent the Runway co-founder Jenny Fleiss has joined venture capital (VC) firm Initialized Capital as a partner. Get the Full Story Complete the form to unlock this article and enjoy...

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Scentbird Sees Giftable Subscriptions Capture Consumers’ Last-Minute Holiday Spending
Scentbird Sees Giftable Subscriptions Capture Consumers’ Last-Minute Holiday Spending
December 07, 2023  |  Subscriptions

With last-minute gifting providing a valuable opportunity for companies that can offer consumers an immediate solution, Scentbird is seeing its giftable subscriptions drive eleventh-hour holiday...

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Venmo No Longer Accepted on Amazon in January
Venmo No Longer Accepted on Amazon in January
December 07, 2023  |  Amazon

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Gen Z Tops Millennials on Social Media Shopping and Spending
Gen Z Tops Millennials on Social Media Shopping and Spending
December 07, 2023  |  Social Commerce

Generation Z consumers are more likely to use Instagram and TikTok to search for products than other generations. They often turn to social media to...

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Consumers May Trim Spending, but Not on Fido, Chewy Says 
Consumers May Trim Spending, but Not on Fido, Chewy Says 
December 06, 2023  |  Retail

This retail season, the spotlight is on customer value, and Chewy is serving it up to its customers who foot the bill for their furry...

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15% of Consumers Buy Online to Control Time Spent Shopping
15% of Consumers Buy Online to Control Time Spent Shopping
December 06, 2023  |  eCommerce

Online retail subscriptions have revolutionized the way consumers shop, providing convenience and personalized experiences that cater specifically to individual preferences and needs.  Get the Full...

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