Retail TouchPoints

SEPTEMBER 12, 2023

Brands have been clamoring to sell on TikTok almost from the moment the platform began its meteoric rise and the #TikTokMadeMeBuyIt hashtag proved its commerce potential. TikTok also offers direct integrations and connectors with WooCommerce, Salesforce Commerce Cloud, BigCommerce, Magento and others. in November 2022.

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Retail TouchPoints

DECEMBER 21, 2023

Unfortunately, like many seemingly good ideas, while this approach might drive a few more completed purchases, it fails at the bigger picture metrics that these retailers actually care about: revenue and profit. That’s because neither revenue nor profit is a function of conversion alone. And the gains are enormous.

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Retail TouchPoints

OCTOBER 6, 2022

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. For example, JOANN achieved a 7X ROI by using Radar to surface a free shipping coupon for in-store app users.

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Retail TouchPoints

JANUARY 15, 2021

Cost per order: Your cost per order is an important metric because it tells you how much one order costs once advertising, packaging, shipping, etc. Total costs (marketing, packaging, shipping, fulfillment, storage, etc.) / # of orders = cost per order. Total revenue / # of transactions = average order value. are factored in.

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Payment Services Promotions Shipping Planning 148

Inside Retail

OCTOBER 21, 2021

“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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Retail TouchPoints

AUGUST 15, 2023

“We had been using our online shopping cart’s default checkout process, which required five to six clicks to get to the point where you can check out,” said Sean Valencourt, EVP of Information Systems at Polywood in an interview with Retail TouchPoints. “It It was an involved, intense process.

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Checkout Merchant Services Payment Services Customer Experience 168

Independent Retailer

FEBRUARY 3, 2022

The Growth & Future of Mobile Payments. There has been significant growth in mobile payments in recent years, with fewer consumers carrying cash. Now, as many as five in six payments involve no notes or coins, according to Cadoo. In-store mobile payments usage grew 29 percent last year in the U.S.,

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Payment Services Social Commerce Location Consumer 76

Independent Retailer

JANUARY 5, 2023

Supply chain, inventory, and shipping challenges remain. . Omni-Channel Will Drive Revenue. It is clear that ecommerce shopping will remain a major revenue source for retailers. Now, shoppers are looking for omnichannel commerce, social commerce, and interactive retail experiences.”. User-generated Content.

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Payment Services Wholesale Consumer Finance 84

365 Retail

JULY 19, 2022

Shopify and YouTube are today joining forces to give merchants and creators a powerful new way to connect to consumers, build their businesses, and share their stories. The creator economy is booming and the bridge from content to commerce is getting shorter all the time. billion globally. [2]

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Merchant Services Social Commerce Consumer Shopping 76

Retail Minded

JULY 29, 2023

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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Payment Services Consumer Inventory Management Promotions 52

Retail Minded

JULY 29, 2023

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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Payment Services Consumer Inventory Management Promotions 52

Retail TouchPoints

JANUARY 10, 2023

Further, excess inventory can lead to lost revenue because products that are not sold quickly can become obsolete or go out of fashion. Sellers are also setting up independent stores on platforms that can help automate the selling process and enable sellers to connect their stores to a broader range of marketing channels.

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Payment Services Drop-Shipping Fulfillment Shipping 229

Retail Geek

APRIL 7, 2023

We also briefly discuss e-commerce in Brazil, around Jason’s recent trip to São Paulo. So that was interesting and then the to me the most geeky coolest thing of all although controversial is during the pandemic, the Brazilian government launched a government-sponsored instant payment system so I got.

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Merchant Services Payment Services Social Commerce Advertising 52

Independent Retailer

JULY 19, 2022

Natural Language Processing mechanisms allows brands to be able to automatically answer generic questions about shipping policies, coupons, discounts, and loyalty programs, among others. Social media influencers also use the platform as a visual aesthetic to post lifestyle photos, personal videos, and anything related to fashion.

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Payment Services Social Commerce Shipping Accessories 79

Retail Geek

APRIL 30, 2021

Jason: [1:51] Yeah so Scott one of the interesting things in Facebook’s announcement is they referenced the the likely impact that the that Apple’s changes to mobile, app tracking the idea of a would have on their go forward advertising revenue and is a reminder. 3:25] The iOS 14.5

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Fulfillment Payment Services Merchant Services Shipping 98

Retail Geek

FEBRUARY 28, 2023

In this episode we cover: Amazon Q4 Earnings Walmart Q4 Earnings US Department of Commerce Q4 e-commerce data Discussion of Temu and other Social Commerce News Don’t forget to like our facebook page, and if you enjoyed this episode please write us a review on itunes. on a Friday night you’re. In China via u.s.

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Retail Geek

APRIL 9, 2021

Ted: will headless commerce take off in 2021? RetailRazor: Amazon has been getting hit w/an endless series of media articles about their private label development at the expense of other merchants on the platform. Jason: [9:46] Yeah a little bit It’s Tricky I do think they’re generating some significant Revenue.

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Merchant Services Social Commerce Consumer Payment Services 98

Retail TouchPoints

APRIL 16, 2021

A new study from ecommerce automation platform Linnworks found that while cost is still a major factor in purchasing decisions, nearly one in two customers surveyed said that convenience was now more important to them than price in choosing which retailers they shop with. New Ways to Pay Open Up New Opportunities for Retailers.

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Retail Geek

JULY 26, 2023

Kind of I’ve lost some of my muscle on that like it it comes up less often and I think part of the reason is all this stuff is getting, somewhat commoditized and it’s just easier and safer to pick a solution and and you know get into the e-commerce business than it used to be. percent of all sales.

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Drop-Shipping Apparel Shipping Consumer 52

Retail Geek

JANUARY 7, 2022

Jason : Made to Order apparel business > 9 figures Yes Retailer offers viable health alt insurance option to consumers No Grocery E-Com > 10% someone deploys(not pilots) MFC Yes Amazon Shopify Competitor (shipping solution) No Retail Media > $20B Yes. commerce penetration says at 16% or better in 2021.

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Merchant Services Payment Services Drop-Shipping Apparel 98