Remove Accounting Remove Comparison Shopping Remove Promotions Remove Returns
article thumbnail

Cars, Wine, Trees — COVID-19 Proved Once and For All that You Can Sell Just About Anything Online

Retail TouchPoints

Even pre-COVID, so much of the beginning, top-of-funnel car-buying exercises already happened online,” said Katie Currall, VP and Account Manager at Material in an interview with Retail TouchPoints. Overcoming Last Mile and Return Hurdles. We’re really trying to cut out that middleman, similar to how the mattress industry evolved.”.

Returns 274
article thumbnail

Why Pricing Optimization Is Required in Online Retail

Wiser

With competitors just a click away, and comparison shopping engines making it easier than ever for consumers to find the lowest price, having that competitive intelligence on hand and taking action accordingly is a requirement. . Lastly, seasonality must be taken into account to make the most of the high seasons for certain items.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Forecast Demand in Retail (2020)

Retalon

In order to understand how to take full advantage of this new technology, we will first explain what demand forecasting actually is, the most common methods of demand forecasting in retail, key constraints that need to be accounted for, and modern examples of accurate demand forecasting. What is Demand Forecasting?

article thumbnail

An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

BORIS (Buy Online Return In-Store): Concentrates on reverse logistics. Turning your storefronts into local return centers gives your business advantages over purely online competitors. Customers are able to view the item before purchase, minimizing returns. Payment, return, and exchange policies. How does BOPIS work?

article thumbnail

4 Ways Businesses Can Use Shipping to Reduce Cart Abandonment

Retail TouchPoints

Many factors can contribute to a consumer’s decision to abandon a full shopping cart before checking out. Asking consumers to create a new account can certainly cause some of this hesitation. More Repeat Business: The happier the customer, the more likely they’ll return for another purchase.

Shipping 183