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Ecommerce in region to continue growing in 2022

September 16, 2021
While last year may be remembered as one of the most volatile years for Latin America retail, it will also be regarded as the period when the region surpassed all others to become the world’s fastest-growing market. Brazil, Argentina, and Mexico today are in the top 5 countries across the globe with the highest levels of growth in ecommerce. This year, Latin America is predicted by many to continue its spot as the world’s fastest-growing regional retail ecommerce market, at its rate of 25.6% this past year.
CDPI Emerging Markets

Nigerian Startup launches ‘Sabi’ to connect informal merchants with B2B companies

September 16, 2021
Nigerian Startup, Rensource, has created “Sabi” a B2B Marketplace that will connect informal merchants with leading service operators giving them the tools to manage and expand their businesses, and bringing these businesses online. Understanding that informal businesses drive the economies of many African countries, especially Nigeria, yet they are far behind when it comes to efficient logistics, supply chain management, business reporting tools, and access to finance, “Sabi” aims to gives these merchants access to the types of services that have previously only been accessible by formal businesses.
CDPI Emerging Markets

Budget Woes Slow Martech Growth: CMSWire Report

September 15, 2021
Surveys usually find that marketers love their martech, but CMSWire reports that just 11% of digital CX executives say their tools are working well. The foul mood may reflect budget issues, which replaced siloed systems as the top digital CX challenge. CDPs are caught in the downdraft: only 18% list them as an investment priority, compared with 29% last year, even though the number considering a purchase remained the same at 33%.  The report does find that successful teams are more likely to have a CDP.
CDPI Newsletter

Marketing Automation Buyers Prioritize Integration Over Features: Demand Spring Report

September 15, 2021
This Demand Spring report on marketing automation shows more typically positive results: 21% are very satisfied with their systems and 65% are fairly satisfied.  One disconnect: integration is the top factor in selecting marketing automation products but better reporting and more advanced features are the capabilities they’d most like to improve.  My take: most systems have adequate integration, so buyers should shift more attention elsewhere during the purchase process.
CDPI Newsletter