Retail TouchPoints

FEBRUARY 12, 2021

Early adopters have proven that the technology can provide a significant return on investment. Additionally, it boosts sales margins and expedites returns and exchanges, making it a valuable tool for profitably improving the consumer experience. This helps a retailer maximize full price sales opportunities and reduce markdowns.

Fulfillment

Retail TouchPoints

AUGUST 19, 2024

Partly due to this shift in consumer sentiment toward valuing privacy, California enacted the Consumer Privacy Act of 2018 , imposing strict regulations on how, and how much, customer data can be collected. A 40% discount requires careful storytelling to avoid diluting the brand image, such as framing it as a birthday sale.

Consumer

Retail Adventures

OCTOBER 22, 2020

The caveat is that the bonus cards are not valid until January 1, 2018 so they can’t be used to purchase additional holiday gifts. Be prepared for markdowns and returns. Remember that the first markdown is always the cheapest one to take, so take a deep breath and price to sell.

Markdowns

Retalon

JUNE 11, 2021

In a 2018 report , Gartner, Inc. Increased Carbon Footprint: The shift to “next-day” e-commerce has increased the logistics associated with fulfilling an order and accepting returns. Refusing returns is likely to reduce e-commerce sales. As if it were some sort of “can’t have the cake and eat it too” type of deal.

Fulfillment

Retalon

JULY 4, 2018

If you’re a retailer reading this in 2018, you need to pat yourself on the back! Here’s what they said: Buy via mobile or web site in-store, pick up in-store (64%); Buy online, pick up in-store (62%); Buy via mobile or web site in-store, ship to home (60%); Buy online, return to store (50%); and.

Fulfillment

Indigo 9 Digital

SEPTEMBER 7, 2022

Commissions typically range from 25%-33% depending on whether in addition to providing eCommerce functionality Farfetch manages shipping, returns or other services. With more pricing control brands can offer more merchandise at full price, avoiding markdowns which are thought to negatively impact a luxury brand’s image.

Boutique

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? Super bowl in your city)?

Dead-Stock