Inside Retail

AUGUST 22, 2021

Country manager for the company’s Australia/New Zealand territory David Boyer said that the changing habits towards increased consumer e-commerce spending – which developed over the course of the pandemic – have remained relatively undisturbed in 2021.

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Retail TouchPoints

SEPTEMBER 2, 2022

trillion in 2021, according to Euromonitor International, which means international expansion has a value simply too good to overlook. There are solutions in the market that help merchants manage these fees and adapt their pricing and shipping fees appropriately. Global cross-border ecommerce sales reached nearly $3.2

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Retail TouchPoints

SEPTEMBER 8, 2021

adults say they begin their online shopping search on Amazon. A business model that was only possible with their unparalleled investment in the systems and shipping, fulfillment and supply chain infrastructure to support it. The Amazon Effect also is reflected in the in-person shopping experience at brick-and-mortar retailers.

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Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. Holiday shopping insights from the Adobe Digital Economy Index predict that ecommerce will become even more ubiquitous, with U.S. 31, 2021. “We’re

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Retail TouchPoints

DECEMBER 30, 2021

In 2020, consumers spent approximately $630 billion on online shopping, and merchants lost $12 billion to fraud. Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. This approach can reduce fraud losses and improve the shopping experience for good customers.

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Inside Retail

MAY 16, 2023

Research by Australian fintech company Ship-Safely found that about 82 per cent of Australians made an online purchase last year spending up to $63.8 Between May 2021 and April last year, $224.3 Further reading: Top four consumer shipping complaints revealed: AfterShip The post Missing or damaged online deliveries cost $224.3

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Retail TouchPoints

OCTOBER 21, 2021

In the world of ecommerce, Google is a bit of an anomaly: while a relatively minor player in the marketplace landscape compared to giants like Amazon and eBay , it is at the same time central to the shopping journeys of millions of consumers every day. We’re Not a Retailer, We’re Not a Marketplace’.

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Retail TouchPoints

DECEMBER 19, 2022

All of these retailers succeed by building hype around the launch, priming their loyal customers to place their order as soon as the product or service is released. In 2021, face coverings and masks from stars like Kanye West saw a 154% average resell price increase from $82 to $208. How Resellers Use Bots to Their Advantage.

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Retail TouchPoints

OCTOBER 6, 2022

Among its multiple impacts, COVID-19 accelerated an elongation of the holiday shopping season that was already underway. Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that).

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A1 Retail

JANUARY 19, 2022

Buy now, pay later (BNPL) transactions increased nearly 30 percent during the 2021 holiday period. Supply chain fears prompted early shopping with a 28% increase in October. The data showed that BNPL transactions peaked more than 43 percent in October as shoppers began their 2021 holiday shopping early.

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Retail TouchPoints

JANUARY 5, 2021

In fact, the impacts of the most unique holiday in decades are still being felt: retailers should plan for continued shipping delays in the short term, and also continue to refine their omnichannel operations as they prepare for the rest of 2021. 3 shopping day in 2019. Contactless Services Can Soothe the Bite of Remote Returns.

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Independent Retailer

JUNE 17, 2021

Preparing to launch in the summer of 2021, Lowkler is a platform that will actively promote purchases from local merchants while also offering a level of variety and convenience for consumers, similar to other major players such as Amazon or Walmart. A New Movement to Support the Local Economy. How It Works.

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Inside Retail

JUNE 13, 2023

We speak with Yoox Net-a-Porter’s APAC general manager Natalie Lee about the resilience of luxury spending amidst an economic downturn, the importance of localisation, personalisation and incredible customer service, and how the company is using technology to improve the way it operates. How do you plan to leverage them?

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Retail TouchPoints

MARCH 24, 2022

More recently, as of December 2021, nearly half of consumers (46%) told us they’d be likely to use home pickup for returns if offered the option, and only 30% are unlikely. Where consumers live has a lot to do with which returns process they prefer. Meanwhile, 57% of parents are likely to use home pickup versus 41% of others.

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Retail TouchPoints

NOVEMBER 12, 2021

It took Shopify merchants nearly 15 years to reach a cumulative GMV of $200 billion. This exponential growth, highlighted by President Harley Finkelstein at the company’s Q3 2021 earnings call in late October, came as a surprise to just about no one given ecommerce’s recent unprecedented growth.

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Retail TouchPoints

NOVEMBER 14, 2022

Global Shopping Festival, also known as Singles’ Day, instead noting that results were “in line with last year’s GMV performance despite macro challenges and COVID-related impact.” growth recorded in 2021 and the 26% jump in 2020. Alibaba Group declined to release the exact results for its 14 th annual 11.11 billion ( $84.54

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Independent Retailer

NOVEMBER 2, 2021

With only two months left of 2021, retailers should already be looking ahead to the new year for the newest trends, technology, marketing tactics, products, and solutions for improving their business. About 43 percent of customers online begin shopping by going directly to the search bar to find their items instead of browsing by category.

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Indigo 9 Digital

APRIL 5, 2022

billion in revenue in the twelve months ending September 30, 2021. Merchants on Taobao pay a fee to rank higher within the site’s search engine results, similar to the way Google works. Alibaba does not charge merchants on Taobao listing or transactions fees. Taobao is the largest online shopping marketplace in China.

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Independent Retailer

NOVEMBER 21, 2022

In 2020, lockdown-fuelled online shopping surges led to mass stockouts; 2021 brought global supply chain issues and delays; and this year, among skyrocketing inflation and the cost-of-living crisis, there is a widely expected lack of demand. In 2013, merchants lost an average $9 for every new customer acquired. back to top.

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365 Retail

NOVEMBER 14, 2022

The biggest online shopping event of the year is upon us. As the supply chain issues and labour shortages that defined the 2021 festive period are more or less resolved, the opportunity for a strong peak period presents itself. In fact, in 2021, the UK alone accounted for over ten per cent of global Black Friday searches online.

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Rangeme

OCTOBER 14, 2021

Today, thousands of subscription box services exist, but perhaps some of the most well-known companies are FabFitFun , Birchbox , Hello Fresh, BarkBox, and Dollar Shave Club. In the past few years, the subscription box market reached new heights in 2021, projecting more than $15 billion in sales. Offer dropshipping.

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Independent Retailer

AUGUST 19, 2022

85 percent of customers will not shop with a retailer again after having had a poor delivery experience. It may only be August, but July’s Amazon Prime Day event proved the holiday shopping season is already here. Consumers will only stop buying gifts when the shipping deadline for Christmas delivery has passed.

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Shipping Merchant Services Consumer Returns 85

Retail Minded

AUGUST 27, 2022

The never-before-seen surge in online shopping. Stockouts were disastrous for retailers during the pandemic – up by 250% (Adobe, 2021) – and with 37% of consumers saying they’d simply shop elsewhere if they couldn’t find what. in 2021 from 10.6% service they provide. customer demand.

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Retail TouchPoints

FEBRUARY 3, 2023

Supply chain issues, inflation and other economic headwinds that resulted from the COVID-19 pandemic and the Russian invasion of Ukraine are still present for merchants. Have a simple checkout process. Simple and easy checkout processes are needed to seal the deal. Be mobile-friendly.

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Rangeme

AUGUST 10, 2022

As a one-stop beauty destination with full-service salons in every store, the retailer provides guests with everything across the spectrum of categories and services. billion in the first quarter of 2021. Questions such as what the brand is shipping and repeat rates are fair game. percent increase in average ticket.

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Merchant Services Beauty and Health Consumer Shipping 52

Retail Geek

NOVEMBER 29, 2023

They analyze data from various sources to provide insights into the holiday shopping season. They discuss the potential impact of mobile wallets on shopping behavior and note that BNPL resonates with new consumers and has replaced layaway. billion consumers are shaping shopping trends. According to the U.S.

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Merchant Services Payment Services Consumer Shopping 69

Retail Geek

OCTOBER 29, 2021

Episode 279 is breakdown of Amazon, eBay, Shopify, and Snap Q3 2021 earnings, and a discussion of Rent the Runway’s IPO. October 28th, 2021. It was a rigorous process. A weekly podcast with the latest e-commerce news and events. We also discuss the Rent the Runway IPO. Transcript.

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Retail TouchPoints

MARCH 3, 2022

ecommerce merchants pulled in $10.8 billion on Cyber Monday 2020 , while Singles Day in November 2021 in China drove $139 billion in sales for two of that country’s major online shopping platforms. That includes frictionless payments and checkout and fast shipping options. Consider that in the U.S.,

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Merchant Marverk

MARCH 25, 2020

Social distancing is being mandated by a lot of states, so even if your store remains open (at least, for the time being), social distancing will affect foot traffic and people’s desire to go shopping. Increase In Online Shopping & Deliveries. Shopping Cart Comparison. Further Reading. Offer Personal Shoppers.

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Merchant Services Payment Services Beauty and Health Sporting Goods 61

Retail Geek

AUGUST 29, 2023

Jason: [8:04] No I was just I was just thinking that they I assume they left it blank because the underwriters were out of practice. There’s also the others you can think of Jason there’s this one. Jason: [6:52] The best ticker symbol of all times by the way. Scot: [6:55] Thank you thanks thanks I appreciate it.

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Retail Geek

FEBRUARY 3, 2022

Episode 286 is a hot take on Amazon Q4 2021 earnings. Amazon released their Q4 (and full year) earnings for 2021 on Thursday February 3rd. in 2021, which was just above the industry average of 17.9% In 2021 total revenue was $31.16B growing at 32% Year over Year. In this episode we do a deep dive into all the details.

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Store Growers

JUNE 14, 2023

Last Updated on June 14, 2023 If you’re working with Google Merchant Center and Google Shopping , you’re probably already aware of the existence of Performance Max, but if you’re wondering what all the hype is about surrounding it, read on. Launched in late 2021, Performance Max is one of Google’s latest innovative assets.

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Merchant Services Advertising Jewelry Shopping 36

Independent Retailer

JANUARY 20, 2022

During the pandemic-driven surge in online shopping, product returns became a major pain point for consumers. shoppers have been deterred from making an online purchase due to worries over the return process, while online merchants have responded by trying to offer clearer and more generous return policies.

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Retail TouchPoints

AUGUST 13, 2021

Now, at BigCommerce, she helps merchants grow via integrations to channels such as Google, Facebook, Amazon, eBay and Walmart , a task she says is “like walking among giants.”. Sharon Gee: People aren’t going to forget their new digital training; they’re not going to forget how to shop online for groceries.

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Retail TouchPoints

MAY 12, 2021

After all, in the midst of a pandemic, with most everyone spending a lot more time at home and almost no time out on the town, bling was not at the top of many shopping lists. The only option if it wanted to remain in business was to become a pure ecommerce shop. And maybe that’s to be expected. Why Multichannel for Jewelry Retailers?

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Retail Geek

JULY 9, 2021

Shopify Unite 2021 Instagram leans into commerce Nike earnings Warby Parker IPO. Episode 269 of the Jason & Scot show was recorded on Thursday July 8, 2021. Jeff Bezos steps down Amazon offers it’s multi-channel fulfillment (MCF) to Big Commerce customers. Other News. Transcript.

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Retail Geek

FEBRUARY 19, 2021

million, FY Merchant Solutions revenue grew 116% to $2B Shopify Expands Its Checkout System to Facebook and Instagram. Episode 254 of the Jason & Scot show was recorded live on Thursday, February 19th, 2021. Amazon news: Amazon acquires Seltz, a Shopify competitor. Transcript.

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