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How Streamlining Digital Checkout Boosted Polywood Conversions Nearly 50%

Retail TouchPoints

What it didn’t have at that point was a streamlined, intuitive online checkout process — and that quickly became a major hindrance to the company’s DTC expansion plans. “We It was an involved, intense process. Once there’s a certain percentage of fraudulent orders, financial companies [can stop servicing you].”

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Payments in 2021: What Lies Ahead After the Digital Boom

Retail TouchPoints

It has been a year of momentous change for the payments industry. Years of transformation transpired in just a few months with rapid shifts in both consumer behaviors and merchant expectations for e-commerce. And how will permanently altered consumer behaviors shape online payment preferences?

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. Doubling down on merchants outside of China. Reducing shopping and shipping friction.

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How to Combat the Changing Face of Shopping Fraud

Retail TouchPoints

In 2018, 151 million conventional (non-bot) attacks were observed, and of these, 91 million were directed at online merchants. Others are so brazen that they use click-and-collect services in the branches of omnichannel stores, to pick up goods that they’ve paid for online with credit card credentials they’ve stolen.

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How Brands Large and Small are Leaning into the Amazon Effect to Compete

Retail TouchPoints

Since Amazon Prime’s inception 15 years ago, Amazon has only increased the annual membership cost three times — rising from $79 per year in 2005 to $119 in 2018. When Amazon acquired Whole Foods in 2018, analysts expected that Amazon would dominate the U.S. The purchasing power of $79 in 2005 equals about $109.90 grocery market.

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From ‘Beautiful Playground’ to ‘Commerce Destination’: Inside the Vision of Pinterest’s New Chief Shopping Officer

Retail TouchPoints

In 2018, she funneled all her retail, management and tech know-how into the creation of The YES , which debuted in 2020 and was acquired by Pinterest a mere two years later. I absolutely loved it, but I also recognized that we were bandwidth constrained by the process of fundraising — we could only build so fast.

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Jason & Scot Show Episode 309 Instacart IPO Filing

Retail Geek

Jason: [8:04] No I was just I was just thinking that they I assume they left it blank because the underwriters were out of practice. There’s also the others you can think of Jason there’s this one.