I Vend

APRIL 22, 2024

In a survey of 10,045 consumers, 95% said their ‘most used electronic device’ was their smartphone, and sales account for half of the trillion dollars revenue in 2024. For retailers selling consumer electronics, there’s opportunity, but there are still challenges, including: • Stock planning – Consumer electronics moves fast.

Thrift Store 52

Thrift Store Point of Sale Inventory Management Returns 52

Retail TouchPoints

JULY 30, 2021

accounted for $5 billion of Alibaba’s total $74.1 products, combined with the sheer size of the Chinese market, make the potential hard to ignore : “It’s an opportunity for Western brands to find a faster-growing market than the one they’re currently operating in. The return rates on product are in the single digits.

Merchant Services 277

Merchant Services Accounting Social Commerce Payment Services 277

Retail TouchPoints

DECEMBER 1, 2023

Our Editor’s Perspectives columns offer insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. Remember the Black Fridays of yore? Frenzied masses lined up in the cold, then a stampeding rush to be the first to get at the discount TVs?

Shopping 260

Shopping Advertising Consumer Accounting 260

Independent Retailer

FEBRUARY 24, 2022

MAGIC , the leading industry connector for the trend and young contemporary markets, organized by Informa Markets Fashion, recently announced its 2022 event calendar, which includes the debut of a new event – MAGIC Nashville, aimed to expand the retail market and fill gaps between primary buying seasons.

Accessories 83

Accessories Fashion Apparel Returns 83

Inside Retail

MAY 8, 2022

With data that covers the extent of the pandemic and back to 2017, our MMM is a deep dive into how Australian retail has evolved in recent years. per-cent lift in return on investment. Our overall findings from the MMM suggest that a broad channel mix is still very important for retail marketers.

Advertising 264

Advertising Beauty and Health Marketing Consumer 264

Retail TouchPoints

JUNE 16, 2021

Marketing teams need to rethink their processes for a new world, and seek to grab potential customers from the moment their content is delivered. Marketers Can’t Afford to Miss on Content, Customers or Timing. Content accounts for nearly 40% of the average marketing spend, according to data from the Content Marketing Institute.

Marketing 192

Marketing Returns Marketing Spend Accounting 192

I Vend

MAY 8, 2024

Our modern POS for wine and liquor stores unlocks growth Read more The global at home alcoholic drinks market is worth $1070 billion and is growing at a compound annual growth rate (CAGR) of 4.4%. Online sales account for $40 billion and are growing faster than brick and mortar sales.

Shrinkage 81

Shrinkage Inventory Management Payment Services Point of Sale 81

Retail TouchPoints

OCTOBER 23, 2020

To get beyond base camp and reach the sales and brand penetration peak, physical retail stores represent an additional channel with increased sales potential. A worst-case scenario for retailers occurs when shoppers leave their stores disappointed or frustrated because they may not return. According to the U.S.

Shopping 207

Shopping Returns Location Consumer 207

Retail Minded

AUGUST 26, 2022

An easy way to mitigate this would be by using technology and software that has changed the face of retail marketing. . Therefore, when filing your returns, you must be careful not to enter the exports under the nil-rated account. There’s no provision to amend the document, so be careful of what you enter.

Payment Services 95

Payment Services Returns Accounting Retail Marketing 95

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. Even some of the most popular brands partner with off-price retail.

Inventory Management 149

Inventory Management Apparel Fashion Specialty Store 149

Inside Retail

SEPTEMBER 6, 2022

Undeterred, FamilyMart returned just a few months later, but four years on it only has 130 stores, all in Ho Chi Minh City and neighbouring areas of Vung Tau and Binh Duong. Between between 2013 and 2018, the country’s retail market was growing at about 11 per cent each year – massive cumulative growth for any retail market in the world.

Payment Services 130

Payment Services Supermarket Marketing Kiosk 130

Inside Retail

MARCH 29, 2022

If you think AR is simply for bored Gen Z consumers, think again, as interest is actually strongest among Millennials, who account for one in three of all retail spending in Australia, said the report. Meanwhile, the global AR-in-retail market is forecast to grow at a rate of 47 per cent between 2020 and 2027.

Social Commerce 130

Social Commerce Shopping Fulfillment Consumer 130

Inside Retail

JANUARY 19, 2023

While these consumer behaviours are wide and varied, we can expect marked growth in rental, re-commerce and subscription retail markets and a decrease in people buying ‘brand new’ products. Up to 100 people can now log in to their Prime accounts and chat with others while watching synchronised content.

Consumer 130

Consumer Shopping Outdoor Fashion 130

Retail TouchPoints

OCTOBER 15, 2021

Because of efforts to address this mismatch of product and real-world sizing, Coresight Research estimates that the value of the extended-size market for women will grow to $32.3 this year alone, representing approximately 21% of the total women’s apparel market. billion in the U.S.

Consumer 289

Consumer Merchant Services Markdowns Fulfillment 289

Independent Retailer

DECEMBER 5, 2022

“Online Black Friday set a new record (9.12B) and Cyber Monday did even better (11.3B) due to pent-up demand from people saving their money during the pandemic, plus great deals on lower-cost items that retailers were stockpiling (e.g. This led to increased spending in certain areas,” Deb Gabor, CEO of Sol Marketing , said.

Beauty and Health 72

Beauty and Health Apparel Consumer Returns 72

Inside Retail

APRIL 28, 2021

The use of videos as part of a retail marketing strategy is a tried and tested method to catch consumers’ attention and drive sales. The Chinese retail market is leading in the livestreaming trend. Customers had to Facebook message a hashtag to the Kit Kat account.

Shopping 204

Shopping Outdoor Fashion Marketing 204

Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Returning to its roots. That is one of the reasons we see an opportunity.”.

Planning 147

Planning Department Stores Fast Fashion Fulfillment 147

Retail TouchPoints

OCTOBER 22, 2021

currently Amazon captures just 1% of the worldwide retail market. Despite all the talk of the rise of ecommerce, most retail in the U.S. after Walmart), and it far surpasses the big box retailer if one takes into account the additional 1.8 SMB exports on Amazon accounted for more than $2.2 million U.S.-based

Fulfillment 225

Fulfillment Management Accounting Marketing 225

Retail TouchPoints

JULY 6, 2021

Retailers including Walmart and REI are already blurring the line between retailer, marketer and content creator, and more retailers are sure to follow. Contactless commerce is increasingly becoming an important component of retail ,” said Cosco.

Social Commerce 232

Social Commerce Shopping Consumer Accounting 232

Retail TouchPoints

JULY 31, 2020

The good news is that many digital retail marketers are successfully operating with agility. retailers, revenue across shopping and paid search campaigns grew 26% year-over-year in April, while return on ad spend (ROAS) improved 33%. A key resource to keep handy is Sidecar’s 2020 Benchmarks Report: Google Ads in Retail.

Marketing 187

Marketing Beauty and Health Sporting Goods Advertising 187

Small Biz Trends

JULY 8, 2021

We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Retail Statistics: The Big Picture. economy is retail, now you know.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

Retail TouchPoints

OCTOBER 14, 2021

Retailers and consumers alike are bracing for a holiday season much like the last — masks look set to remain a top stocking-stuffer; “supply chain” has a become a daily topic in mainstream media; and parents are gearing up for tears with the top toys of the year already predicted to go out of stock.

Marketing 284

Marketing Promotions Consumer Customer Experience 284

Independent Retailer

JANUARY 18, 2023

We call the customer and make sure it’s been a successful purchase for them, and that they have a return on their investment, which is when we offer subsequent deals. The merchandise comes from top national retailers with over 100 product categories including electronics, automotive, tools, appliances, and more. back to top.

Wholesale 76

Wholesale Beauty and Health Payment Services Merchant Services 76

Retail Next

MARCH 10, 2020

residents have at least one social media account, it’s a simple way to engage with your target audience without them having to put in any extra effort. Social media marketing takes on two forms: organic and paid. There are plenty more not mentioned here, but these are the most popular for retail marketing. Social Media.

Marketing 64

Marketing Accounting Advertising Jewelry 64

Retail TouchPoints

JULY 2, 2021

Following the murder of George Floyd in May 2020, brands and retailers were eager to show solidarity and support. Whilst shoppers have been able to engage with virtual experiences for the past year, shifts online have raised the bar around convenience as shoppers return back to stores.

Merchant Services 183

Merchant Services Customer Experience Marketing Consumer 183

I Vend

NOVEMBER 10, 2021

Retail Customer Experience tells us that the top three home improvement chains in the US sold goods worth $54.67 McKinsey has identified a group of 25 companies who account for 91% of market capitalisation in the retail sector – and two of the top seven are home improvement and hardware retailers.

Customer Experience 52

Customer Experience Inventory Management Fulfillment Marketing 52

Retail Gazette

NOVEMBER 23, 2023

The allure of closed-loop omnichannel measurement sets retail media apart, yet the industry struggles to provide robust measurement of incremental sales, especially across various on-site and off-site sub-channels.

Advertising 67

Advertising Marketing Marketing Spend Accounting 67

Retail Next

OCTOBER 15, 2019

Retailers of all kinds – local, international, online or those with ‘brick and mortar’ shops – should embrace new ways of connecting to shoppers if they want to continue to grow brand awareness. A great way to generate new and lasting business relationships is by exploring different marketing strategies, including video marketing.

Marketing 59

Marketing Jewelry Shopping Promotions 59

Retail Next

DECEMBER 9, 2019

Today’s most active shoppers want to be loyal , which is an excellent situation for retail brands. Stitch Labs has found that returning customers account for almost a quarter of retailers’ revenue despite making up less than 12 percent of the total customer base. In return, you get valuable customer data.

Marketing 52

Marketing Store Layout Returns Boutique 52

Retalon

DECEMBER 8, 2021

What consumers want is a retailer that meets their shopping experience expectations – such as: Is the product in stock? How complicated is the returns process? So, to remain competitive across all channels, retailers have to optimize their order fulfillment process on an ongoing basis. Are they able to track their order?

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retalon

SEPTEMBER 11, 2020

In order to understand how to take full advantage of this new technology, we will first explain what demand forecasting actually is, the most common methods of demand forecasting in retail, key constraints that need to be accounted for, and modern examples of accurate demand forecasting. What is Demand Forecasting?

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Wiser

AUGUST 25, 2023

As a result of putting these efforts in place, the National Association of Retail Marketing Services attributes 8. Today we see brands leveraging a combination of both sales metrics and in-store checks to prioritize visits to high potential stores for the highest return. So, in general, you know, what is this trying to solve?

Suggestive Selling 78

Suggestive Selling Management Accounting Marketing 78

Retalon

SEPTEMBER 3, 2021

Meanwhile, forward thinkers see the new landscape and pivot in time to steal market share from those too slow to adapt. The retail bubble explained). Furthermore, these tools can dynamically adjust forecasts and alert retailers of changing trends before any human notices. How did we get here?

Consumer 41

Consumer Location Fulfillment Shopping 41

The Retail Creative and Consulting Agency

AUGUST 30, 2022

And I use the word perfectly serve in the sense that we have an accountability and responsibility to give them what they want and need and would like, well, I guess the best way to do that is to ask them, but what I find so fascinating in conversations with executives, I ask them, what platform are you using to listen to your customer?

Merchant Services 40

Merchant Services Consumer Sporting Goods Accounting 40

Retalon

FEBRUARY 15, 2024

This technological marvel aids in refining inventory management, shaping marketing strategies, and sculpting pricing frameworks, contributing significantly to sales upliftment and fortified customer allegiance. in 2022, hinting at the burgeoning reliance on these sophisticated tools.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41