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2024 Predictions and Trends in B2B Ecommerce: Navigating the Digital Evolution

Retail TouchPoints

Despite expectations of a modest economic downturn, this period presents an opportunity for businesses to optimize their operations, improve marketing strategies and enhance their technological infrastructure. These AI applications range from optimizing pricing and inventory management to fraud prevention.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Leverage Alternate Revenue Streams to Support Business Growth.

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Adapting To Changing Consumer Behavior: Strategies For Indie Retailers

Retail Minded

Recent research reveals that a noteworthy 73% of customers express a preference for online shopping even after physically visiting a store, primarily driven by the convenience and user-friendly nature of online platforms. Additionally, consumers today are more conscious of their spending and gravitate towards sustainable products.

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Adapting To Changing Consumer Behavior: Strategies For Indie Retailers

Retail Minded

Recent research reveals that a noteworthy 73% of customers express a preference for online shopping even after physically visiting a store, primarily driven by the convenience and user-friendly nature of online platforms. Additionally, consumers today are more conscious of their spending and gravitate towards sustainable products.

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How retailers can maximise returns during the upcoming sales season

Inside Retail

“Consumers will expect a frictionless shopping experience and they will expect retailers to offer convenient options such as Click-and-Collect, Buy Now, Pay Later, flexible shipping, easy returns and multiple payment options to make shopping more convenient.”. A 1-per-cent difference can equate to millions of dollars in revenue.

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CCS 2021: Levi’s, 1-800-FLOWERS, Under Armour Reveal How They’re Meeting Fast-Changing Consumer Expectations

Retail TouchPoints

Loyalty programs have evolved dramatically since the days when their sole goal was to drive more profit from existing customers, according to Houman Akhavan, CMO of CarParts.com , and Matt Roche, CEO of advocate marketing platform Extole. A company’s presence and engagement on these platforms is critical to success.

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Holiday Leftovers? Here are 4 Ways Sellers can Minimize Excess Inventory

Retail TouchPoints

In addition, excess inventory can also tie up capital that could be used for other purposes, such as investing in marketing or other growth initiatives. Further, excess inventory can lead to lost revenue because products that are not sold quickly can become obsolete or go out of fashion. Final Takeaway.