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Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty

Retail TouchPoints

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce. Shortages and Sticker Shock Heighten Holiday Stress.

Consumer 262
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Here’s Why Store Cards Are Good For Consumers

Retail Minded

While store cards can offer awesome perks like discounts, cashback, rewards points, and free shipping, it’s prudent to shop around to find the best fit for your needs. In this guide, we’ll explain why store credit credits are a great option for consumers. Pretty great if you ask me! But first, a quick primer on store cards.

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What Is Inventory Financing and How Can It Benefit My Business Growth?

Rangeme

If you’re like many small- and medium-sized businesses, allocating financial resources to cover set expenses, investments, and finance growth strategies is where creativity and resourcefulness are needed. Explaining Inventory Financing. What is inventory financing? Inventory Financing through Kickfurther.

Finance 52
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Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. By examining shared IP addresses, shipping addresses and payment methods, retailers can uncover hidden associations that might indicate organized fraud rings. Large, multinational crime rings may be behind an attack.

Returns 241
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Identifying the ‘Faces’ Behind Faceless Online Transactions

Retail TouchPoints

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. Because of this ease, merchants have begun relying on POS financing to drive sales growth. Digital fraud can take many forms, with the most common being account takeover ( 29.8%

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98% of European ecommerce consumers are using social media for product research

A1 Retail

Mollie reveals that economically ‘concerned’ consumers are relying more on social media, BNPL, and discounts when shopping online but expect to spend more in the next year Mollie , one of the fastest growing financial service providers in Europe, today unveiled findings from its second annual European Ecommerce Report.

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Why On-Demand Manufacturing Will Transform Retail

Retail TouchPoints

Driven by the explosive growth of ecommerce and shifting consumer preferences, on-demand, also known as cloud manufacturing, is now poised to revolutionize the supply chain industry. In contrast, traditional manufacturing requires large quantities of products to be made and then stored in facilities until they are ready for shipping.

Finance 182