Inside Retail

AUGUST 9, 2023

Returns present a complex challenge for retailers of all sizes, not only contributing to their carbon footprint, but also eroding their profit due to the cost of managing and paying for reverse logistics and, in some cases, leading to fraud. Meanwhile, the use of returns by customers continues to grow in popularity.

Returns 130

Returns Customer Retention Accounting Fashion 130

I Vend

MARCH 14, 2023

As shoppers return to brick and mortar stores in their drovers, they crave the in-store experience. But this isn’t simply a return to 2019 – the post-pandemic shoppers of 2023 have higher expectations and demands. Finally, think about whetherit needs any accessories, such as card readers or receipt printers.

Shopping 97

Shopping Point of Sale Payment Services Checkout 97

Inside Retail

JUNE 22, 2023

When inflation begins to drop and interest rates return to decline – we will likely see a resurgence in discretionary spending habits,” Zahra said. We’re particularly seeing it in areas such as electronics and homewares, and are starting to see it in apparel and accessories.” “As

Consumer 246

Consumer Customer Retention Accessories Marketing 246

365 Retail

JULY 20, 2022

With the ongoing domination of social networks and democratization of online shopping, led by e-commerce platforms removing barriers for newcomers, online creators, and micro brands, the number of online merchants will continue to grow exponentially and with it competition and customer acquisition costs.

Merchant Services 122

Merchant Services Shopping Customer Retention Department Stores 122

Indigo 9 Digital

JULY 24, 2023

If you look at companies like Apple and Amazon they do a really good job of increasing sales from their existing customer base. Are you leaving money on the table that could come from customers you already have? If you are here are six tips you should consider to increase your customer retention rate. Sell great products.

Customer Retention 52

Customer Retention Drop-Shipping Consumer Fast Fashion 52

I Love Fashion

MARCH 29, 2021

Also, if ever questioned by an Fashion eCommerce Marketing store owner to list a number of pain points, three things would be on the top of everyone’s pain list: Products returns. Customer retention. Conversion optimization. However, what if there is an apparent solution to resolve all these difficulties? Forum posts.

Fashion 59

Fashion Marketing Jewelry Customer Retention 59

Retalon

AUGUST 5, 2020

Gross Margin Return on Investment is the ratio between gross margin dollars and the average inventory costs. Better-skilled salespeople will close more sales and improve attachment rates of accessories and services. While necessary to drive traffic and revenue, promotions must generate an appropriate return. Why Measure GMROI.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41