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New report by Hokodo finds that B2B sellers lose out on buyer loyalty and revenue growth due to poor e-commerce checkouts

365 Retail

Out of the 500 surveyed B2B buyers, 83% said that they would abandon an e-commerce purchase if no payment terms were offered at checkout, meaning that B2B sellers failing to offer payment terms are missing out on capturing new business and revenue growth.

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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. We were attracted because of their fraud offering and then we saw their checkout solution.” said Narang.

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How to Improve Business Processes with B2B eCommerce Software

Retail Focus

By using it, you can: reduce your reliance on a human workforce to do mundane and repetitive tasks, thereby leaving them to focus on more productive things, streamline your business processes by linking systems together, offer clients an excellent purchasing experience, and. Checkouts. Data Monitoring and Validation.

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Walmart and Roku Team Up to Take on TV Commerce

Retail TouchPoints

Viewers will be able to press “OK” on their remote when they see a product they like in a shoppable ad and proceed to checkout on their TV. Payment details will be pre-populated from Roku Pay , Roku’s payments platform. From there, tapping “OK” on the Walmart checkout page places the order.

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Walmart Debuts New Ecommerce Platform to Help SMBs ‘Save Time, Money and Hassle’

Retail TouchPoints

Walmart has launched a new ecommerce site and customer experience designed specifically for small-and medium-sized businesses (SMBs) and nonprofits. The aim of the Walmart Business platform is to “remove complexity in purchasing, lower costs and give our customers more opportunities to serve their customers and communities.”

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Why Retailers’ Obsession with Conversion is Keeping Them from…Converting

Retail TouchPoints

It’s no secret that retailers and brands have become obsessed with driving conversion in their quest to recover the more than half of shoppers who abandon checkout before completing their purchase. That’s because neither revenue nor profit is a function of conversion alone. There’s a right time and place for a speedy checkout.

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Reports: ABG Files Suit Against Bolt for Failure to Deliver on One-Click Checkout Promises

Retail TouchPoints

Authentic Brands Group (ABG) has reportedly filed a lawsuit against one-click checkout service Bolt , claiming that the solution provider failed to deliver on promises in a contract related to the implementation of the technology, according to Bloomberg , The Business Journals and other media sources.

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