Retail TouchPoints

JANUARY 6, 2023

For retailers and brands, the introduction of the metaverse means yet another sales and communication channel with the consumers. Yet for most retailers and brands a metaverse-based store remains something ambiguous, but it was just the same with ecommerce back in the 1980s.

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Consumer Supermarket Marketing Accounting 312

Retail TouchPoints

JUNE 16, 2023

Google’s ever-changing SERP (search engine results page) landscape and intense competition pose a significant challenge for brands, retailers and advertisers striving to maximize their return on ad spend (ROAS). As a result, it is crucial to stay up to date on Google’s updates to maintain an effective search strategy.

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Advertising Marketing Location Consumer 246

Wiser

MARCH 28, 2024

In an illuminating revelation from Deloitte’s 2024 consumer products industry outlook , half of the consumer product companies surveyed express a pivot away from relying on price increases as a growth strategy, signaling a paradigm shift in how businesses approach market expansion and consumer engagement.

Consumer 78

Consumer Promotions Inventory Management Advertising 78

Retail TouchPoints

JULY 26, 2022

With rising gas prices, food shortages, skyrocketing interest rates and ever-present inflation, consumers are worried and that means retailers are worried, too. In the face of these challenging factors, the stars are aligning to deliver another “unprecedented” holiday season for the retail industry.

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Drop-Shipping Fulfillment Consumer Shipping 278

Retail TouchPoints

JANUARY 3, 2023

With shrinking margins, economic uncertainty, and growing cyber risks from automated threats, retailers face continued challenges in 2023. Becoming proficient at navigating these obstacles is key to protecting retail profits. Five Key Automated Threats Impacting Retailers’ Bottom Line. Bad Bots are Siphoning Profits.

Merchant Services 290

Merchant Services Payment Services Accounting Checkout 290

Retail Gazette

MARCH 22, 2024

Yes, this is partly down to the fashion and home retailer notching up record sales and profits for the year, however, Wolfson was also enthused about the future and the “new era” that he believes the business is entering. Wolfson explains that although its average selling price is down 2%, the price per unit is up 3 or 4%.

Department Stores 118

Department Stores Fashion Wholesale Accounting 118

Wiser

APRIL 26, 2022

Merchandising is obviously an essential part of retail, but keeping your strategy up-to-date and profitable is difficult in a growing competitive market. There is a number of merchandising challenges that retailers are facing. Why is Merchandising Strategy Important? Key Challenges to Merchandising Strategy.

Visual Merchandising 146

Visual Merchandising Loss Prevention Customer Experience Promotions 146

Retail TouchPoints

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 billion in 2022 and is expected to grow at a CAGR of 28.4%

Payment Services 227

Payment Services Checkout Inventory Management Customer Experience 227

Retail Smart Guys

SEPTEMBER 14, 2023

For many business owners and entrepreneurs, bookkeeping and tax management can feel like a never-ending battle. However, with the right strategies and tools, you can transform this chaos into control. Consider using accounting software or cloud-based solutions to keep your financial data organized and accessible from anywhere.

Finance 105

Finance Accounting Planning Management 105

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. 1) Don’t play the waiting game. 2) Create contingencies.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Inside Retail

MARCH 28, 2022

In the competitive world of online retail, building an e-commerce business that stands the test of time, and has the potential to scale and attract investment, is no easy feat. Rather than feeling overwhelmed by the metrics, here are four key metrics that matter when evaluating the health of your business.

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Advertising Customer Retention Drop-Shipping Merchant Services 130

Inside Retail

JUNE 30, 2021

From using non-toxic paint in stores to digitising documents to avoid paper waste, more businesses are taking steps to make their physical operations more sustainable. Change always comes with a price, but change is inevitable as we need to move with the times and shift our mindsets towards longer-term goals,” the spokesperson added. “In

Department Stores 246

Department Stores Beauty and Health Accounting Promotions 246

Small Biz Trends

DECEMBER 12, 2022

If you are looking to start the new year as a new business owner or looking to add to your portfolio, an established business is one of the best ways to go about it. The 10 businesses for sale in December include a range of industries and price points suitable for new and experienced entrepreneurs.

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Jewelry Location Outdoor Wholesale 131

Retail Bound

APRIL 13, 2024

Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked.

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Drop-Shipping Shipping Merchant Services Payment Services 98

Retail TouchPoints

JANUARY 3, 2023

Tapping data to further personalize and optimize program strategies. Instead of supplements that sit in bottles in your medicine cabinet, our belief is that health should be readily available in your pocket,” Yoshimura said in an interview with Retail TouchPoints. billion in 2022 to a projected $43.13 billion in 2024.

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Beauty and Health Marketing Consumer Advertising 248

365 Retail

OCTOBER 27, 2022

We are now into Q4, the most significant selling period for many eCommerce businesses – AKA “the money quarter” As Black Friday, Cyber Monday, and Christmas all approach, maximising your success during this period is essential but that requires careful planning and navigation. 1 – Setting your goals.

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Checkout Finance Social Commerce Advertising 98

Indigo 9 Digital

MAY 17, 2022

By Tricia McKinnon The resale market is one of the fastest growing segments of retail. So easy that many people have transitioned buying and selling sneakers as a hobby into their own full-time business. Traditional retailers are not sitting back watching this market grow. StockX is now valued at $3.8

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Drop-Shipping Payment Services Marketing Shipping 98

Retail TouchPoints

SEPTEMBER 29, 2020

Retailers seeking guidance as they look ahead to an uncertain Q4 will find plenty of solid, practical advice in the 2020 Retail Strategy and Planning series of webinars, now available on-demand. Following are brief recaps of the #RSP20 sessions: Online Retailers Must Look to Automation to Support Global Expansion.

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Payment Services Fulfillment Location Shipping 258

Indigo 9 Digital

NOVEMBER 29, 2022

If you are curious about what is fuelling GOAT Group’s growth then consider these seven elements of its strategy. We’ve been continuing to see growth across our businesses, especially in apparel and accessories, which have doubled the past 12 months,” said Eddy Lu, CEO of GOAT Group. An acquisition to expand more into apparel.

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Apparel Accessories Retailing Pricing Marketing 97

RETAIL MANAGEMENT SOFTWARE

JUNE 12, 2023

To succeed in today’s digital world, retailers have to stand out in the crowded online marketplace. This blog will explore 11 proven digital merchandising strategies that take your sales and customer engagement to the next level. 11 Proven Digital Merchandising Strategies to Boost Your Online Sales.

Promotions 83

Promotions Customer Experience Shopping Management 83

RETAIL MANAGEMENT SOFTWARE

JANUARY 16, 2024

As we step into 2024, the retail sector is undergoing significant transformations in technology, supply chain dynamics, and consumer behavior. Navigating this shifting terrain requires a tailored approach rather than a universal solution for future-proofing retail businesses.

Retail Trends 98

Retail Trends Payment Services Social Commerce Supply Chain Management 98

Wiser

APRIL 3, 2023

Think about it, when was the last time you were scrolling through your social media and came across an ad for a product? It usually goes something like this: you’re scrolling through your feed looking at normal posts when you come across an advertisement for a product. Nearly every time, right? This is social commerce.

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Social Commerce Advertising Promotions Payment Services 167

Inside Retail

APRIL 4, 2023

Here, we speak with him about pivoting his business after lockdowns were lifted, diversifying his product offering and why he is about to open his first bricks-and-mortar store. Inside Retail : Can you tell me about the idea behind Hommey? Justin Kestelman founded Hommey in 2020 to fill a gap in the market for modern soft furnishings.

Advertising 130

Advertising Marketing Management ATS 130

Retail Bound

APRIL 27, 2023

Making the transition from digital retail to offline channels like stores, catalog companies, TV shopping networks, and more can be daunting and prevent many successful online consumer product companies from growing. Ask for an introduction to the buyer and be prepared with the necessary information about your products.

Management 52

Management Consumer Shopping Marketing 52

Indigo 9 Digital

MARCH 8, 2023

cosmetics is taking up more and more space in your makeup bag you are not alone. s secret to success then consider these five elements of its strategy. One of the main trends playing out in the retail sector is that consumers are struggling to make ends meet with over 60% of Americans living paycheck to paycheck.

Beauty and Health 98

Beauty and Health Consumer Accounting Boutique 98

Rangeme

SEPTEMBER 6, 2022

It’s time to recession-proof your brand. Economic downturns are a natural phase of the business cycle. That’s why we’re sharing the following marketing best practices to help you grow your top line, even in a recession. Recessions can create lucrative new business opportunities because market conditions change.

Marketing 52

Marketing Advertising Consumer Promotions 52

Retalon

FEBRUARY 15, 2024

In the fiercely competitive retail landscape, the strategic use of retail analytics insights stands as a beacon for businesses aiming to surge ahead. Retail analytics insights have morphed into a critical tool for decision-makers, striving to foster growth and customer loyalty.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Wiser

AUGUST 29, 2022

Most brands today are using what’s called a Minimum Advertised Price (MAP) policy to protect their business from resellers who could otherwise hurt their brand image, and profits, with too-low prices. So, how do you make sure that your brand is covering all its bases? Why Does Your Brand Need a MAP Policy?

Advertising 78

Advertising Retailing Pricing Fulfillment Marketing 78

Small Biz Trends

AUGUST 17, 2022

There are a lot of opportunities for men who are looking to start their own businesses and earn extra cash or gain financial freedom in 2022. The business ideas for men in this article are some of the most promising opportunities available. So if you’re thinking about becoming your own boss, read on! Landscaping Business.

Outdoor 105

Outdoor Target Market Planning Marketing 105

Hyken

DECEMBER 17, 2023

Customer Centricity: How to Always Put the Customer First by Fernanda Alvarez Pineiro (Startups.co.uk) If the words “customer is King” have recently graced your LinkedIn feed with their presence or starred in your recent business conversations, you are probably attuned to the growing trend that is customer centricity.

Customer Experience 50

Customer Experience Business Communication Planning ATS 50

Indigo 9 Digital

MARCH 9, 2023

Before everyone was focused solely on Amazon but as retailers were forced to shift sales online during the COVID-19 pandemic a number of retailers came to the forefront with their eCommerce savvy and Walmart is one of those retailers. Omni-channel retailing is working. Take its store network. More than 1.7

Drop-Shipping 98

Drop-Shipping Advertising Fulfillment Consumer 98

365 Retail

SEPTEMBER 6, 2023

Marketing is the backbone of any profitable business, but it requires a lot of trial and error. Most businesses spend between 2-5% of their sales revenue on marketing , with expenses ranging from experienced content creators to the price of advertising space on popular platforms.

Promotions 52

Promotions Marketing Advertising Consumer 52

Independent Retailer

OCTOBER 21, 2022

As retailers brace for an economic hit, holiday marketing made a record early start. As many brands have already started their campaigns, indie retailers need to effectively communicate the key points that set them apart from larger companies. retail sales.”. You should also concentrate your budget on tried-and-true strategies.

Marketing 92

Marketing Advertising Planning Promotions 92

Independent Retailer

JULY 14, 2022

Online shopping rapidly grew during the height of the pandemic and continues to soar, and more small-to-medium sized businesses are shifting to ecommerce. While most ecommerce businesses start small with only a handful of products, with the right opportunity, selling merchandise in bulk can give your business the chance to advance quickly.

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Wholesale Shipping Marketing Department Stores 67

Retail Bound

MARCH 19, 2024

In such a crowded environment, it’s essential to have a well-thought-out plan for your booth. To start with, you’ll need to make sure that your booth is highly visible and easy to find. And finally, you should have some kind of giveaway or contest to encourage people to visit your booth.

ATS 52

ATS Promotions Target Market Planning 52

Inside Retail

APRIL 6, 2021

Yet today, many businesses lose visibility of their freight as soon as a load leaves the docks. And without consistent means for drivers to provide feedback, businesses have no way of knowing how to invest in a better delivery experience. Incidentals are incurred without the ability to identify root cause. The result? Confidence.

Supply Chain Management 130

Supply Chain Management Management Shipping Customer Experience 130

Inside Retail

AUGUST 5, 2021

Last week, Bunnings managing director Mike Schneider joined Australian Retailers Association CEO Paul Zahra on the ARA podcast about how he began his career in retail, what a typical day looks like for him – and why he reckons he has the best retail job in the country. But it’s a really unique business.

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Management Department Stores Finance ATS 264