Inside Retail

FEBRUARY 27, 2023

For retailers closely watching consumer confidence levels and spending trends, getting an accurate reading about what lies ahead can be challenging. Still, many consumers are undoubtedly feeling the impact of interest rates and the rising cost of living. This has become more crucial as the economic cycle continues to shift.

Merchant Services 130

Merchant Services Payment Services Specialty Retailers Accounting 130

Retail TouchPoints

JANUARY 3, 2023

2022 saw the fastest pace for inflation in decades. As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete.

Merchant Services 278

Merchant Services Payment Services Accounting Checkout 278

Retail TouchPoints

OCTOBER 18, 2022

The company has aligned its merchant offers, cash back savings and shopping products in pursuit of providing a frictionless consumer journey. Existing Honey cash back and discounts feature has reportedly saved consumers nearly $200 million in 2022.

Merchant Services 211

Merchant Services Accounting Shopping Consumer 211

Hyken

FEBRUARY 14, 2022

Each week I read many customer service and customer experience articles from various resources. One of the most important parts of this process is making sure that you’re asking customers the right questions. But that doesn’t mean merchants can’t turn a negative into a positive. Here are my top five picks from last week.

Merchant Services 103

Merchant Services Customer Experience Returns Accounting 103

Retail TouchPoints

AUGUST 18, 2022

But now, as BNPL offerings — and consumers’ understanding of them — mature, the explosive growth of the last two years is slowing. With inflation and interest rates on the rise, a more nuanced approach to BNPL is emerging, and experts say that’s a good thing for both consumers and retailers. In fact, 50% of U.S

Merchant Services 241

Merchant Services Payment Services Consumer Point of Sale 241

Star Miconics

AUGUST 17, 2022

This was good for both merchants and consumers, but it ultimately led to a surge in chargebacks and friendly fraud. Merchants have the right to contest invalid chargebacks, but proving a claim is bogus requires evidence. Merchants have the right to contest invalid chargebacks, but proving a claim is bogus requires evidence.

Merchant Services 97

Merchant Services Returns Point of Sale Consumer 97

A1 Retail

SEPTEMBER 27, 2023

Mollie reveals that economically ‘concerned’ consumers are relying more on social media, BNPL, and discounts when shopping online but expect to spend more in the next year Mollie , one of the fastest growing financial service providers in Europe, today unveiled findings from its second annual European Ecommerce Report.

Merchant Services 59

Merchant Services Consumer Payment Services Checkout 59

Independent Retailer

FEBRUARY 8, 2022

Below are tips for growing your business and enjoying a prosperous 2022: Renovate and Upgrade to a Powerful POS. Katz, founder and CEO of National Retail Solutions, “Small, independent merchants struggle on small budgets to keep up with big-box stores. Integrated Credit Card Processing. According to Elie Y. Own a gas station?

Merchant Services 85

Merchant Services Checkout Accounting Promotions 85

Mass Relators

APRIL 25, 2024

household more than $1,100 last year, the Merchants Payments Coalition said. It’s time for the card industry to stop gouging American consumers and small businesses and compete to offer market-based, competitive fees. That works out to $1,102 for the average household, up from $1,024 in 2022, when swipe fees totaled $160.7

Merchant Services 52

Merchant Services Net Profit Payment Services Accounting 52

Independent Retailer

AUGUST 29, 2022

BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase. BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase.

Merchant Services 88

Merchant Services Payment Services Checkout Accounting 88

Inside Retail

JULY 11, 2022

As Alejandro Osorio, Country Head of Grab Thailand, puts it, “We’ve seen this opportunity in the soaring demand for food and package delivery services that’s made our delivery partners with their delivery bags increasingly become a significant touchpoint. It is visible and widely accessible to consumers in all areas.”.

Merchant Services 130

Merchant Services Payment Services Advertising Accounting 130

Independent Retailer

NOVEMBER 2, 2021

Independent Retailer has rounded up some of the most important emerging trends in retail to watch out for in 2022 from top retail experts in the industry. Meet Consumers Where They Want to Shop. “I Crypto Payments Help Deliver a Competitive Advantage. Engaging Customers with Experiential Retail.

Merchant Services 96

Merchant Services Payment Services Shipping Wholesale 96

V Count

SEPTEMBER 15, 2022

In today’s world, the consumer wants to be able to pay for your product in a quick and easy manner, and your goal as a retail owner is to make sure this happens without any hiccups; hence picking the right POS system for your business is essential. Its POS machines accept payments via swipe, dip, tap or contactless payment.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

V Count

SEPTEMBER 15, 2022

In today’s world, the consumer wants to be able to pay for your product in a quick and easy manner, and your goal as a retail owner is to make sure this happens without any hiccups; hence picking the right POS system for your business is essential. Its POS machines accept payments via swipe, dip, tap or contactless payment.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

Inside Retail

NOVEMBER 23, 2021

Amazon’s latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company. “If a merchant wants to offer credit in a different way, we’re agnostic.

Merchant Services 130

Merchant Services Finance Accounting Consumer 130

Retail TouchPoints

SEPTEMBER 5, 2023

What were your biggest goals going into writing the book, and how did your approach evolve as you embarked on the writing process? Del Rey: The Marc Lore era at Walmart, if nothing else, brought a new sense of urgency to Walmart when it comes to new online features and services, and the incubation of new business ideas.

Merchant Services 238

Merchant Services Fulfillment Advertising Accounting 238

Retail TouchPoints

JANUARY 20, 2022

For most types of consumer retail stores, the pandemic scared regulars away, diminished traffic from visitors, altered consumer preferences, snapped formerly reliable supply chains and required dramatic shifts in the way stores serve their clientele. But that’s only part of the story.

Merchant Services 217

Merchant Services Clienteling Shipping Inventory Management 217

Small Biz Trends

AUGUST 26, 2022

These grants or one time payment offers through stimulus programs are a great way to keep your business going if you are facing financial difficulty. Programs such as Small Business STIMulus Grant Program will be providing one-time payments of up to $50,000, while other grants will be offering up to $10,000 to support operations.

Merchant Services 98

Merchant Services Payment Services Location Accounting 98

Retail TouchPoints

APRIL 22, 2022

With the pandemic ushering a wave of traditionally brick-and-mortar merchants online since 2020, the chances of being targeted by scammers is at an all-time high. In 2022, it is no longer an option whether businesses can choose to protect against fraud, but a responsibility. Return Fraud.

Merchant Services 241

Merchant Services Returns Fulfillment Promotions 241

Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In fact, the best order fulfillment processes become sources of revenue, profit, and even customer loyalty.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Inside Retail

JUNE 19, 2022

Consumer spending intentions measured by the CommBank Household Spending Intentions Index rose 2.9 per cent by the end of 2022, trimmed its GDP growth forecast for 2022 to 3.5 Household Spending Intentions Index – June 2022. The Retail category rose by 0.5 per cent month on month in May and 7.4 per cent from 1.60

Merchant Services 130

Merchant Services Accounting Consumer Marketing 130

Retail TouchPoints

OCTOBER 3, 2023

What’s Old is New Again Marketplace sellers are a hot commodity these days, and Ebay is far from the only one trying to convince these merchants that theirs is the best platform to sell on. Thomas Walker, Ebay’s VP of Global Consumer Insights outlines the value of the “enthusiast” shopper at Ebay Open.

Merchant Services 264

Merchant Services Accessories Customer Experience Consumer 264

Inside Retail

JANUARY 12, 2023

McKinsey & Co stated in mid-2022 that social commerce comprised more than 13 per cent of China’s total e-commerce sales. Because social media is where many consumers spend their time, and where they look for inspiration and discovery. On TikTok Shop , consumers can buy from in-feed videos, livestreams and a product showcase.

Social Commerce 264

Social Commerce Beauty and Health Merchant Services Fulfillment 264

Independent Retailer

MARCH 17, 2022

This has led to unrest among American consumers, with spending fluctuating in the ecommerce space. New challenges are on the horizon for e-sellers, and Kenny Tsang, Managing Director of PingPong Payments , touches on how online merchants can prepare for the shift in consumer spending and stay afloat.

Merchant Services 52

Merchant Services Payment Services Consumer Checkout 52

Inside Retail

SEPTEMBER 27, 2023

Describing the lawsuit as “very questionable” Saunders said it was “based on chasing optics rather than trying to improve the lot of consumers and sellers.” Several legal experts told Reuters that the FTC faces “a high bar” in trying to show that US consumers would be better off in a world without Amazon’s policies in place.

Merchant Services 130

Merchant Services Accounting Marketing Consumer 130

Retail TouchPoints

FEBRUARY 21, 2023

This growth will be driven not just by an increase in new social commerce buyers but also by an increase in the average spend per user, with Insider Intelligence predicting that more than 114 million consumers will spend an average of nearly $1,000 a year on social purchases by 2025. social network ad spending forecast by $16.21

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Social Commerce Advertising Merchant Services Shopping 198

365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. In fact, in 2021, the UK alone accounted for over ten per cent of global Black Friday searches online. Leveraging 3PL services to drive efficiencies is key. Plan, plan and plan some more!

Merchant Services 59

Merchant Services Payment Services Inventory Management Fulfillment 59

Retail TouchPoints

AUGUST 16, 2023

Livestreaming accounted for more than 17% of all ecommerce sales in 2022 in China, but in the U.S. More of those people, for the first time, are getting access to digital media, and the first thing they’re consuming is small-screen, livestreamed content on social media. it made up just 2% of ecommerce last year.

Advertising 215

Advertising Merchant Services Shopping Consumer 215

Inside Retail

FEBRUARY 9, 2023

It said in November that “new businesses” – including its overseas businesses as well as other ventures such as JD property – accounted for just two per cent of its total revenue during the third quarter. In May 2022, Lazada faced a boycott from the Thai army over a video posted on Lazada’s Facebook page.

Merchant Services 130

Merchant Services Marketing Accounting Consumer 130

Star Miconics

AUGUST 26, 2022

Companies need new technology to reach customers and give them convenient ways to purchase products and services. As consumers acclimate to mobile and online reservations and ordering, advanced hospitality technologies facilitate a seamless and enjoyable customer experience. Many of these services provide ongoing IT support.

Payment Services 98

Payment Services Merchant Services Drop-Shipping Point of Sale 98

Retail TouchPoints

OCTOBER 27, 2023

In September, Amazon announced that it would be following the lead of nearly every other streaming service by running ads on its Prime Video programming beginning in early 2024. This shift will make Prime Video “the largest premium ad-supported service, reaching an estimated 115 million viewers in the U.S.

Advertising 248

Advertising Merchant Services Outdoor Accounting 248

Retail Geek

JANUARY 7, 2022

Jason : Made to Order apparel business > 9 figures Yes Retailer offers viable health alt insurance option to consumers No Grocery E-Com > 10% someone deploys(not pilots) MFC Yes Amazon Shopify Competitor (shipping solution) No Retail Media > $20B Yes. 2022 Predictions. 2021 Predictions Recap. Transcript.

Merchant Services 98

Merchant Services Payment Services Drop-Shipping Apparel 98

Retail TouchPoints

FEBRUARY 14, 2023

shopping app is akin to the more familiar Wish or Shein , connecting consumers directly with Chinese manufacturers and thus able to offer shockingly cheap prices. The next question curious consumers have to ask is, how does a five-month-old company have the money for not one but two Super Bowl ad spots? The new U.S.

Merchant Services 234

Merchant Services Shopping Marketing Outdoor 234

A1 Retail

MAY 13, 2022

Virtual Shopping from Klarna connects online shoppers directly with experts in physical stores, through live video and messaging, to provide a highly personalized experience that helps consumers shop online with confidence.

Merchant Services 52

Merchant Services Shopping Payment Services Consumer 52

Independent Retailer

DECEMBER 1, 2022

“Shopping on mobile devices is no longer a perk, it is an expectation for consumers, and brands have to create a mobile mentality to keep up,” Jennifer Shambroom, CMO at Clickatell , said. Ecommerce businesses will also need to offer mobile-friendly payment options, like Apple Pay, to create a seamless one-click checkout experience.

Merchant Services 78

Merchant Services Payment Services Checkout Shopping 78

Retail TouchPoints

JANUARY 30, 2023

As of January 2022, 35% of people aged 12 and over in the U.S. The company is having fun with the process — brand sponsor, pro quarterback Drew Brees, serves as the voice of the skill, “so when you log into the skill is says ‘Hi, welcome to Copper Compression. owned a smart speaker, according to Insider Intelligence.

Merchant Services 162

Merchant Services Beauty and Health Payment Services Returns 162

Independent Retailer

MARCH 10, 2022

Now that we are finally transitioning out of the pandemic, we are entering a new era for retail — a Hyper-Scalable Era — defined by the ever-evolving demands of consumers and the agile, flexible systems required to meet them. firms, plan on adding new channels in 2022. Multichannel Can Increase Your Sales. Enhance Customer Experience.

Merchant Services 74

Merchant Services Wholesale Management Consumer 74