Inside Retail

APRIL 5, 2021

South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Analysts have also criticised the company for lack of expertise in marketing compared to Chinese rivals.

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Inside Retail

FEBRUARY 8, 2024

So it’s vital to make that experience count,” explains Alexandria Jurcic, national marketing manager, at Australian corrugated cardboard and packaging specialist Abbe. “It Research shows that paperboard – corrugated, folding cartons, and liquid paperboard – remains the largest material segment, accounting for 31.8

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Retail TouchPoints

AUGUST 2, 2023

DTC is still very much alive and well, but digital-first companies are having to adapt to a new normal where competition is fiercer, financial pressure is ever-present and the marketing tactics that used to work so well are no longer cost-efficient. I look at DTC ecommerce in three pillars,” added Nino. pointed out.

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Inside Retail

MAY 26, 2022

Sustainable women’s surfwear brand, Lore of the Sea, found its beginnings when founder, Laure Mayer, noticed a gap in the Australian surfwear market. Laure began to look for a way to automate her shipping and help streamline her operations, improve efficiencies, and increase productivity. . “I I chose ShipStation to save time.

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Clover - Retail

APRIL 18, 2024

Instead, when a customer orders the product, the retailer contacts their manufacturer or wholesale merchant–who keeps inventory of the product on-hand–and has the product shipped directly to the customer. Retailers make a profit by selling the product at a higher price than what manufacturers/wholesale merchants sell it to them for.

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Small Biz Trends

DECEMBER 30, 2021

It’s a Huge Market to Sell Clothes Online. It should be no surprise there’s a huge market for reselling clothing. Consider these latest figures from one of the top fashion resale sites, thredUP: The fashion resale industry totals about $20 billion in sales alone, and it is the biggest resale market in the US.

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Retail TouchPoints

MAY 2, 2022

Consumers have started taking sustainability into account when deciding what to buy and where to buy it. Much of this impact comes from shipping and warehousing, as well as from operating all those computer servers to facilitate all of those sales. Mitigating Returns. The returns are loaded onto trucks in reusable totes.

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Inside Retail

FEBRUARY 11, 2024

During her time at Lululemon, which spanned 13 years from 2012 to 2020, Shaughnessy led over 40 stores and oversaw the brand’s national wholesale and community presence in ANZ. Its 10th store will open at Sunshine Plaza on March 10, and its 11th store at Pacific Fair on May 4.

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Retail TouchPoints

AUGUST 23, 2023

Customers can try on and test apparel under these simulated conditions (no sales inventory is available on-site), and then purchases are shipped directly to their homes. Meanwhile, in the Nike app, shoppers can access early product drops and solicit styling advice from experts. The Lacek Group is an Ogilvy Experience company.

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Retail TouchPoints

JULY 10, 2020

The study found that this evolving area was already causing retailers to shift their budgets: Google Shopping (the image-focused product ads that appear at the top of a search) spend was up approximately 7% in 2019, while Google paid search (the text-based links that appear within the search results) spend fell nearly 8%.

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Retail TouchPoints

DECEMBER 23, 2022

Discounting and perks like free shipping have been successful drivers of Black Friday and Cyber Monday campaigns; however, dropping prices is not a winning strategy that creates a path to profitability. Minimizing perks like free shipping and employing more efficient acquisition models will also fuel topline growth.

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Retail TouchPoints

MARCH 10, 2021

Its retail performance exceeded Moody’s analyst expectations, and margins held up well despite heavy competition from rivals like Walmart , Target and Best Buy , according to Charlie O’Shea, VP at Moody’s. The health of these four retailers is a strong indicator of retail’s resilience, and their Q4 success bodes well for the industry.

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Mass Relators

JANUARY 31, 2022

. — Meijer said Monday it will be the first retailer to offer at-home COVID-19 PCR tests free of charge to customers at its 254 pharmacies throughout the Midwest. The new program will be managed through a partnership with eTrueNorth, a testing company that has performed millions of COVID-19 tests at more than 800 sites nationwide. “We

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Retail TouchPoints

DECEMBER 3, 2020

Peter Sheldon, Senior Director of Commerce Strategy for Adobe , believes that the “pendulum swung in favor of digital” at the beginning of COVID-19, and it hasn’t swung back. At no point did the pendulum swing back [from digital],” Sheldon noted. “As Mobile continued strong on Cyber Monday, accounting for 37% of that day’s sales.

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Retail TouchPoints

JUNE 23, 2022

Personalize Your Back-to-School Marketing. Regardless of your customers’ age demographic, it’s a smart idea to offer digital wallet payment options at checkout. Digital wallets address both issues by storing card data for shoppers and by shielding it from retailers at checkout. Keep Doing Your Homework.

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Small Biz Trends

JULY 28, 2022

Staying at home with kids is a full-time job on its own. If you’re looking for the perfect stay-at-home mom business ideas, read on for some options. Business Opportunities for Stay-at-Home Moms in 2022. Technology has opened lots of opportunities for stay-at-home moms and anyone looking to run a business remotely.

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Retail TouchPoints

JULY 26, 2022

A peek at second-quarter data indicates this trend is accelerating, with April and May showing a 7% increase in ASP on top of a 17% increase during the same period in 2021. This scenario sets up a battle across all sectors of the economy for brands looking to tap into consumer wallets as they shop for fewer items at fewer retailers.

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Retail TouchPoints

NOVEMBER 10, 2022

Reward members with Beauty Insider points for attending and interacting at the retailer’s Sephoria virtual brand founder events. We’re also supporting convenience, for example with the September 2022 addition of free shipping for all Beauty Insider members. RTP: Sephora also is very big on creating customer communities.

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Inside Retail

MARCH 15, 2023

Looking back, the pandemic highlighted the importance of having robust and flexible supply chains, and retailers have been forced to rethink their supply chain strategies and invest in new technologies to be dynamic, nimble and agile to evolving market conditions. One example is Havaianas.

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Small Biz Trends

NOVEMBER 30, 2022

In this article, we’ll take a deeper look at how Redbubble works and how to sell on Redbubble. Customers can browse through hundreds of artists and purchase products with their artwork at a great retail price. Accounts are free on Redbubble, but they take a percentage of each sale. Create a Redbubble account.

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Inside Retail

NOVEMBER 29, 2022

So, with inflation at its highest in three decades and the Reserve Bank forecasting a 7.75 This means measuring and addressing inefficient operations and eating away at profits is critical. Plan for and adapt to market shifts to emerge stronger from these challenging conditions. to instil pricing trust.

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Wiser

OCTOBER 31, 2022

The way that you market and advertise can attract new customers and help improve your relationships with current ones, which in turn will boost your overall profits. By selling additional or more expensive products to customers you were already getting sales from, you generate an immediate increase in the revenue already being accounted for.

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Rangeme

MARCH 12, 2024

Expo West begins today, and for the next few days many brands will experience a whirlwind of networking, handing out samples, schmoozing at after-hours events, and starting potential business deals. Did you order your pop-up banner too late and have to pay rush shipping on it? Once it all wraps up, though, now what?

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Retail TouchPoints

MARCH 29, 2023

Indeed, there are millions of resellers on Amazon, Ebay and the like accounting for a significant portion of the total retail sales on these websites. For example, a product may not arrive in an expected time frame, it may arrive damaged due to insufficient packaging, or even the wrong product may have been shipped.

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Retail TouchPoints

SEPTEMBER 28, 2020

With the coronavirus pandemic forcing businesses to shutter their brick-and-mortar outlets and target customers online to simply stay afloat, many have had to drastically increase their digital marketing spend. Step 1: Set up a Google Merchant Center account — this is easy to navigate so shouldn’t take you too long to do.

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Inside Retail

JANUARY 15, 2023

Coming out of (or still in) the Covid-19 pandemic, experts are forecasting turbulent times for Australia’s retail industry, as it grapples with – among other factors – the effects of rising interest and inflation rates, diminished consumer confidence and potential drop in spending throughout the year. per cent by the year end as well.”.

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Retail TouchPoints

JUNE 10, 2020

Due to the coronavirus, retailers saw a drop in returns abuse in the early part of 2020, driven primarily by the drop in transactions overall. Wardrobing has a negative impact on the merchants — driving up shipping and replacement costs while also impacting what can be returned and sold at full price.

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Retail TouchPoints

NOVEMBER 4, 2021

“Inflation is driving up shopping prices as we head into the holiday season, a time when many people already feel pressured to go all out on gifts for family and friends,” said Colleen McCreary, consumer financial advocate and Chief People Officer at Credit Karma in an interview with Retail TouchPoints.

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Small Biz Trends

OCTOBER 24, 2022

We’ll look at some of the leading eCommerce marketplaces for this article and how online store owners can get started with selling on global marketplaces. Powerful digital marketing: Online marketplaces have more bandwidth and resources to invest in digital marketing that enables users to find your products.

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Inside Retail

AUGUST 25, 2022

Experience: We all experienced the GFC – I was CEO of The Good Guys at the time – and the principles of dealing with a downturn are pretty much the same, except in the current situation, we have the added benefit of a more dynamic channel in e-commerce. Some of your variable expenses like marketing come under scrutiny. Michael Ford.

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Retail TouchPoints

AUGUST 16, 2021

market saw over $400B in returns in 2020. This was rendered possible as retailers and brands offered low-cost shipping, unlimited holding periods and easy returns. As ecommerce matures into adulthood, consumers are taking for granted the ability to return and exchange items at will. But don’t stop there.

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Retail Minded

JULY 25, 2022

Supply Chain and Freight Challenges Leading to Shipping Changes. While congestion at U.S. Recently, a study by the Royal Bank of Canada found that 20% of all of the container ships in the world are currently waiting in congested ports. However, shipping options have changed and faced numerous challenges in the last five years.

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Small Biz Trends

JULY 11, 2022

The impact of a recession on your business at times can be hard to predict. An emergency fund is money you set apart from other savings preferably in a high-yield savings account. Rebalance and Revisit Stock Market Assets. Look towards products and services that are underserved in the market which you can fill with ease.

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365 Retail

AUGUST 3, 2021

The Leicestershire-based group – famous for its posh wellies – saw online sales race 48% ahead to £122 million in the year to May 30 and now account for more than three-quarters (77%) of all retail revenues. Store sales tumbled 41%, while revenues from shows dropped by 59%. million to £36.6 million the previous year. It now boasts 1.7

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365 Retail

AUGUST 4, 2022

Let’s take a look at what exactly exchange rate risk is, and what your retail business can do to mitigate this risk. Take a close look at shipping costs, taxes, and other components that are heavily affected by exchange rates. Study the market. All these can cause the forex market to fluctuate.

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Retail TouchPoints

SEPTEMBER 9, 2020

COVID-19 has accelerated an already-surging resale market. Consumers stuck at home have had the time to thin out their wardrobes and make room in the garage — along with strong financial incentives to turn their possessions into cash. Studies show how the secondhand market has picked up its pace during the pandemic.

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Retail TouchPoints

OCTOBER 21, 2021

In the world of ecommerce, Google is a bit of an anomaly: while a relatively minor player in the marketplace landscape compared to giants like Amazon and eBay , it is at the same time central to the shopping journeys of millions of consumers every day. That’s a drop in the bucket compared to Amazon’s 1.7

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