PHOTO ADVISORY: 2018 Gifting Trends by Loop Commerce, a Synchrony Solution
November 20 2018 - 9:00AM
Business Wire
As the holiday season begins, GiftNow, a digital gifting
platform provided by Loop Commerce, a Synchrony solution, unveils
its 2018 gifting trends. When buying a gift, who do you think
spends more – men or women? And did you know handbags and baby
bouncers were among the top gifts this year? That and other gifting
trends revealed in data gathered in the first 10 months of 2018
through GiftNow, a platform widely used by major retailers.
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Digital gifting insights, top gifted
products, and device of choice - your 2018 gifting trends are here.
New data trends are from GiftNow, a platform provided by Loop
Commerce, a Synchrony solution. (Photo credit: Synchrony)
About Synchrony
Synchrony (NYSE:SYF), is a premier consumer financial services
company delivering customized financing programs across key
industries including retail, health, auto, travel and home, along
with award-winning consumer banking products. With more than $130
billion in sales financed and 74.5 million active accounts,
Synchrony brings deep industry expertise, actionable data insights,
innovative solutions and differentiated digital experiences to
improve the success of every business we serve and the quality of
each life we touch. More information can be found
at synchrony.com and through Twitter: @Synchrony.
About Loop Commerce
Loop Commerce is driving a paradigm shift in commerce with its
award-winning, patented GiftNow® platform and service by
removing the obstacles consumers face when trying to buy a physical
product as a gift for someone else. As the leader in the
Gift-Commerce category, Loop offers an enterprise-grade, fully
customizable solution that powers the digital gifting strategy
for leading brands and retailers through a 360-degree platform.
Through GiftNow®, retailers are able to offer their customers a
full range of gift-shopping capabilities across all online and
in-store channels, as well as an enhanced digital gift card
experience. By personalizing the gifting process and tackling
the challenges associated with commerce and online shopping, Loop
makes buying gifts for others not only seamless and stress-free,
but also provides consumers an accessible way to choose a
thoughtful gift when no other option exists. Loop’s solution allows
for a seamless, zero-integration implementation with retailers’
stores and ecosystem partners, unlocking new commerce opportunities
and fueling increased business through incremental sales, while
reducing costly returns and exchanges and improving customer
acquisition and loyalty. The company built and optimized its
groundbreaking SaaS solution with significant R&D and
collective input from some of the largest and most demanding retail
brands. Loop is backed by influential leaders in technology,
e-commerce and retail. For more information about Loop
Commerce, visit our website www.loopcommerce.com, and
follow us on LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20181120005373/en/
Loop CommerceMichael McMullan,
212-994-4660pr@loopcommerce.comorSynchronyNicole Ward,
203-585-2933Nicole.Ward@syf.com
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