Retail TouchPoints

JANUARY 13, 2023

A better bottom line can be achieved by minimizing returns, leveraging user-generated content (UGC) and implementing smart forecasting solutions. Minimize returns. average ecommerce return rates jumped to 20.8% in 2021 with an estimated $761 billion worth of goods being returned. In the U.S.,

Returns 254

Returns Consumer Inventory Management Customer Experience 254

Retalon

APRIL 21, 2021

Maintaining margins within business constraints while efficiently providing order fulfillment to customers is a tall order, especially considering each customer purchase requires a real-time fulfillment decision within a shifting context of inventory, demand, returns, delivery times, and shipping costs. Emphasizing BOPIS.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Small Biz Trends

JUNE 5, 2022

These costs are now being passed on to average business lunch eaters, whose numbers have risen dramatically since we returned to work after the pandemic. The running costs for restaurants and eateries have risen due to a variety of reasons, such as supply chains issues and shipping restrictions around the world. on average.

Payment Services 136

Payment Services Inventory Management Shipping Returns 136

Retalon

SEPTEMBER 22, 2021

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. BORIS (Buy Online Return In-Store): Concentrates on reverse logistics. Payment, return, and exchange policies.

Fulfillment 41

Fulfillment Payment Services Inventory Management Shipping 41

Retail TouchPoints

OCTOBER 1, 2021

For instance, if a certain item is being continuously backed up in ship and train containers, look for ways to get it shipped via air. TD Bank projects that inflation will rise in the coming months, and the more inventory you have bought and paid for, the less you and your customers will be impacted by future price hikes.

Shipping 177

Shipping Payment Services Inventory Management Fulfillment 177

Retail TouchPoints

OCTOBER 6, 2022

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. YOY growth this holiday season, whereas department stores will only see a 0.3%

Merchant Services 236

Merchant Services Payment Services Promotions Location 236

Retalon

MAY 11, 2021

R&D managers, sales managers, marketing managers use customer-centric dashboards to monitor customer demographics, customer lifetime value, and flag changes in the shopping behaviour of key customer segments. Inventory management dashboards. Consider a traditional inventory management dashboard.

Inventory Management 41

Inventory Management Promotions Shipping Management 41

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. In whole, it’s a modernized way to sell excess inventory that can separate brands from industry competitors.

Inventory Management 149

Inventory Management Apparel Fashion Specialty Store 149

Retail TouchPoints

OCTOBER 1, 2021

For instance, if a certain item is being continuously backed up in ship and train containers, look for ways to get it shipped via air. TD Bank projects that inflation will rise in the coming months, and the more inventory you have bought and paid for, the less you and your customers will be impacted by future price hikes.

Shipping 130

Shipping Payment Services Inventory Management Fulfillment 130

Retalon

APRIL 27, 2021

Advanced analytics has the capacity to integrate every channel of a multi-channel business into its forecast to maximize the return on promotion investments. to optimize inventory for gross margins. Retail AI can apply this process when customers return their purchases. check out their story here).

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retail TouchPoints

OCTOBER 14, 2021

Other retailers that have caught up to the giants in terms of services like curbside pickup and BOPIS , as well as inventory availability , want to lure customers back. Target “Deal Days” kicked off earlier this month. Instead, category-level discounts are a better bet this year.

Marketing 283

Marketing Promotions Consumer Customer Experience 283

Retail Geek

NOVEMBER 9, 2023

The containers if they even got to the port or having a difficult time getting off the ship in into the domestic supply chain and people saw a headline after headline when I say people like consumers by or shoppers and they realized if they didn’t buy early in the season. [11:03] Rob: [15:00] For cyber week that’s a.

Beauty and Health 64

Beauty and Health Returns Apparel Consumer 64

Small Biz Trends

JUNE 29, 2023

Assist in inventory management, including receiving and restocking merchandise. Resolve customer issues, such as order discrepancies, shipping delays, or product returns. Process customer returns and exchanges according to company policies. Assist customers with order placement, tracking, and returns.

Payment Services 75

Payment Services ATS Accounting Fulfillment 75

Retail Geek

NOVEMBER 29, 2023

The reality is what we’re seeing is that Black Friday and Cyber Monday were taking market share from the bookends of the holiday, from earlier on and later on, right before the shipping cutoff date. How are we going to handle our return policies?

Merchant Services 69

Merchant Services Payment Services Consumer Shopping 69

Retail Geek

JANUARY 20, 2023

E-com returns 10-15% growth rates. The AI for inventory management is super interesting like these models that are doing demand forecasting that are doing kind of. Scot: [23:36] Recap of what what did we learn. percent using the same definition of retail so. [24:38] percent using the same definition of retail so. [24:38]

Social Commerce 52

Social Commerce Fulfillment Drop-Shipping Loss Prevention 52