Conversational Commerce Increasing, eCommerce Stands Alone, Cotton Prices on the Rise

By  |  October 12, 2021
 | 
eCommerce

Retailers are separating in-store and eCommerce operations. Plus, apparel brands are dealing with the increase in cotton prices, and conversational commerce could play a key role in eCommerce within the next decade.

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    Data:

    4.2%: Increase in apparel prices through August 2021.

    $1.16: Per-pound price of cotton.

    60%: Share of consumers who consider trust regarding personal data to be at least a moderate problem.

    300: Increase in conversation volume on the Quiq platform since April 2020.

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    $7B: Macy’s market valuation.


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