Inside Retail

OCTOBER 6, 2023

For retailers dealing with global customers and suppliers, the cost of international payments can significantly impact their bottom line. Every international dollar a business generates may be unnecessarily converted up to three times and attract fees at each conversion. These costs can quickly add up and take as much as 5.5

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Inside Retail

NOVEMBER 22, 2023

The danger facing the retail sector is year-long and growing, as revealed in the just-released Trustwave Threat Intelligence Briefing: The 2023 Retail Services Sector Threat Landscape. Seasonality: S easonality can make it difficult to maintain security and compliance standards.

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Inside Retail

FEBRUARY 28, 2024

The benefits of global e-commerce expansion are obvious: market diversification, new revenue streams, 24/7 business operations and increased brand awareness. Building a detailed plan will help minimise risk and focus you on those areas that will make the biggest impact for your business. Not on Shopify?

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Retail TouchPoints

AUGUST 7, 2023

Revenues were down more than expected, decreasing 42% YoY to $78 million ; adjusted EBITDA was in line with expectations but still represented a loss of $66 million in the quarter; and monthly active users were down 48% to 12 million. The trade-off is long shipping times, another thing Wish is working hard to improve.

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Retail TouchPoints

JANUARY 26, 2022

Companies of all sizes were affected by the pandemic, especially small- to mid-size businesses (SMBs). Merchants in particular had to quickly shift from in-store sales to online and learn how to accept payments digitally. million applications to start new businesses through September 2021. Thankfully, there is a better way.

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Retail TouchPoints

OCTOBER 18, 2023

For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. Some fashion brands, including Zara, J.Crew and Uniqlo , have begun charging for returns in order to claw back lost revenue and dissuade certain behaviors. Cutting Fraud to Claw Back Costs Retailers are pushing back.

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Small Biz Trends

JUNE 6, 2022

Although it started much earlier, eCommerce took a new turn when amazon came up with its platform. Since then, many eCommerce platforms have been created and exhausted. Shopify is now one of the biggest eCommerce platforms in the world. In the same manner, you will set up payment methods and shipping zones.

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Merchant Services Payment Services Shipping Accounting 138

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. Adding a product comes easy with Shopify.

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Merchant Services Payment Services Drop-Shipping Shipping 122

Retail TouchPoints

NOVEMBER 4, 2020

Without proper identification of the individuals behind transactions or new account openings, it’s difficult for retailers to tell the difference between good customers and bad actors, and therefore easier for fraudulent activity to slip through. Digital fraud can take many forms, with the most common being account takeover ( 29.8%

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Retail TouchPoints

DECEMBER 19, 2022

All of these retailers succeed by building hype around the launch, priming their loyal customers to place their order as soon as the product or service is released. By entering numerous emails and shipping addresses, the bots can get around traditional fraud detection systems. Resellers’ Operations Slow Retailers’ Progress.

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Merchant Services Payment Services Drop-Shipping Shipping 162

Retail TouchPoints

FEBRUARY 4, 2021

Before the NotPetya attack rampaged through Europe in 2017, affecting companies including FedEx and shipping giant Maersk, few people would have thought a vulnerability in a piece of accounting software could create such devastation. Critical vulnerabilities can be found in unexpected places. Adopt a zero trust approach.

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Inside Retail

OCTOBER 12, 2021

Today it’s a multi-million-dollar global business, with customers in the US, Canada, Australia and Europe. Our journey began with selling directly over the internet, we were working from home and shipping bikinis on our lunch breaks at our old workplaces,” Atkins told Inside Retail.

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Inside Retail

MARCH 17, 2022

Unified commerce is essentially the integration of all data-driven channels of retail – customer and product data from both in-store and online – on a consolidated platform. it operates in silos and unconnected platforms. Unified commerce enables the customer to purchase an item in-store and have it shipped home.

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Retail TouchPoints

JUNE 23, 2022

Give Back-to-School Shoppers Alternative Payment Options. Regardless of your customers’ age demographic, it’s a smart idea to offer digital wallet payment options at checkout. This alternative form of payment was popular with all age groups in the survey, although the reasons for its popularity seem to vary by generation.

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Inside Retail

MAY 12, 2021

The Covid-19 pandemic has hit the leisure industry hard, but the recovery presents a once-in-a-lifetime chance for leisure service operators to reconsider their business models and seize opportunities to grab wallet share from customers who start to consume leisure services again. Pre-payment . Enhanced benefits .

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Retail TouchPoints

MARCH 3, 2022

Flash sales can help retailers boost revenue, attract new customers and enhance loyalty with existing customers. billion on Cyber Monday 2020 , while Singles Day in November 2021 in China drove $139 billion in sales for two of that country’s major online shopping platforms. Account takeover fraud trends pose additional risks.

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Small Biz Trends

JUNE 29, 2023

As you look to expand your small business, each employee becomes a critical component in building robust customer relationships and boosting customer satisfaction levels. The customer service representative emerges as a pivotal figure, often embodying the company’s image.

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Inside Retail

FEBRUARY 28, 2022

When your shipping needs are complex, we make things simple. To meet the growing needs of their clients during Covid, Merchgirls created a custom pick and pack process that elevated the offering from B2B to B2C on a mass scale. Sustainable shipping and delivery options. Opening up a new arm of the business.

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Retail TouchPoints

DECEMBER 30, 2021

Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. Scammers gather financial account information and government program ID numbers to take over accounts, divert funds and commit identity fraud. K eep bots out of your customers’ accounts and checkout.

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Merchant Services Accounting Payment Services Returns 254

Retail TouchPoints

AUGUST 25, 2021

Before the pandemic, ecommerce accounted for approximately 16% of all retail. To stay competitive in the era of ecommerce, fast responsiveness is key, no matter the business model. A high level of services unique to each customer, delivered with little or no downtime, is what consumers now expect. The answer?

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Small Biz Trends

DECEMBER 9, 2022

From small science and technology businesses to black-owned wine businesses and ARPA programs, don’t miss out on these grants. Detroit Pistons, Corporate Sponsors Support Small Businesses Through Grants and Promotions. Small Business News December 9, 2022. US Postal Service Proposes New Priority Mail Rates for 2023.

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Payment Services Accounting Shipping Promotions 120

Inside Retail

DECEMBER 21, 2021

Heartbroken by the disappearance of her cat, Filipino IT specialist and blogger Sophie* decided to use her Facebook Ads account to appeal to anyone in her local area who might have seen it. First, the bank account linked to her card was emptied of around $600. Typically she would spend PHP500-1000 per campaign (US$10-20).

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Small Biz Trends

MAY 18, 2021

Small businesses can use websites such as StockX for buying and selling, and start to capture some of the resale market. This guide will take you through the process of selling on StockX, including how to set up an account and the benefits and drawbacks of selling on StockX. The Process of Selling on StockX.

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Small Biz Trends

NOVEMBER 30, 2022

With platforms such as Redbubble, artists can focus on creating art while letting Redbubble handle the logistics of turning those designs into products for customers. Accounts are free on Redbubble, but they take a percentage of each sale. Create a Redbubble account. Add payment details. What Can You Sell on Redbubble?

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Payment Services Drop-Shipping Accounting Promotions 111

Small Biz Trends

OCTOBER 27, 2022

Paypal is one of the leading payment providers and a valuable tool for accepting and receiving money. To keep your Paypal account safe, we’re covering some of the more notorious Paypal scams you should be keeping on the lookout for. However, the popularity of Paypal also means that scammers tend to use it as an opportunity.

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Payment Services Accounting Shipping Returns 105

Retail TouchPoints

AUGUST 5, 2022

Fraudsters are getting more sophisticated and are using a variety of tactics, such as identity theft, chargeback fraud , “silent” fraud, account takeovers and “pharming,” complicating organizations’ ability to detect these incidents. Yet the reality is that by focusing on fraud first, companies are focusing on the wrong priority.

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Merchant Services Returns Shipping Payment Services 237

Retail TouchPoints

JULY 11, 2023

According to Claire O’Donnell, Director of Selling Partner Empowerment, Communities and Trust at Amazon, “most of our independent selling partners are small- and medium-sized businesses” by Gartner’s definition of the term. Those numbers of course bump up significantly on Prime Day.

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Star Miconics

AUGUST 26, 2022

The future of hospitality is connected, and for many tech-enabled businesses that offer alternative dining and shopping experiences, that future is already here. Companies need new technology to reach customers and give them convenient ways to purchase products and services. Many of these services provide ongoing IT support.

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Payment Services Merchant Services Drop-Shipping Point of Sale 98

Inside Retail

DECEMBER 15, 2021

Affiliate marketing is a system where a company or person can earn a commission or reward for marketing some else’s product or service. Findstack records that affiliate marketing now accounts for more than 16 per cent of digital media revenue in the US and Canada and that around 80 per cent of brands have affiliate programs.

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Inside Retail

NOVEMBER 21, 2022

De Preaumont has tried to build a unique experience for the customer from the discovery of its product – typically on Instagram – to the ordering process, and all the way to generating loyalty via an intimate customer relationship. In France, products are good but we seem to have given up on service quality,” De Preaumont explained.

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Inside Retail

APRIL 7, 2022

Partner with a website platform that can grow with you. In this digital world, the key to any business’s success is its website, which is the most essential element of any marketing plan. Learn more: Three Step Guide for Small Business Success Part 1. Invest in automation now to save time and money.

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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.

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Retail TouchPoints

JUNE 2, 2023

“They are at the cusp of all things digital, which drives us on everything, from payment options to search — and ultimately, from a merchandising platform standpoint. We also offer a dropship program, all driven through the platform. of orders, toward two -day or later windows, which account for 80%.

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Retail Next

FEBRUARY 11, 2020

Shoppers want their orders the next day, with free shipping whenever possible. They want new, convenient ways to receive packages that fit in with their busy schedules. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates. Same- or Next-Day Delivery.

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Retail Minded

MARCH 30, 2023

These include lack of diverse payment options or non-responsive website layouts. These all affect the revenue of e-commerce stores since they lose out on sales when customers leave without completing their purchase or registering an account. You may offer free shipping to entice potential customers into purchasing.

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Checkout Payment Services Accounting Shipping 52

Global Shop

APRIL 16, 2024

In the last four years, I’ve visited over 50 manufacturers and had the privilege of deep diving into their systems to provide insights on how they can improve their processes. Job Costing Accounting: Estimate the costs associated with Freight, Labor, Overhead, Outside Services, Other and Material ( FLOOOM ).

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Payment Services Drop-Shipping Shipping Accounting 52

Inside Retail

MARCH 31, 2022

From dropshipper to industry giant – Shein is one of the most successful e-commerce platforms ever to be launched from China. In the past five years, Shein has acquired Romwe, another Chinese e-commerce site operating in the US, and begun developing its own integrated supply chain, rivalling those of Zara, Fashion Nova, and H&M.

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