Inside Retail

MARCH 12, 2024

State-of-the-art software from Square allows retailers to accept every major payment type preferred by consumers – including Afterpay – both in-store and online, as well as enabling Apple’s Tap to Pay feature on iPhones. Valid for Square customers located in Australia only with an Australian Square account.

Payment Services 130

Payment Services Accounting Promotions Point of Sale 130

Retail TouchPoints

NOVEMBER 4, 2020

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. retail sales surpassed general merchandise sales for the first time in history. Because of this ease, merchants have begun relying on POS financing to drive sales growth.

Merchant Services 315

Merchant Services Payment Services Accounting Jewelry 315

Retail TouchPoints

FEBRUARY 27, 2024

A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand.

Payment Services 247

Payment Services Wholesale Store Layout Inventory Management 247

Inside Retail

NOVEMBER 22, 2023

Retailers know this, consumers know this, cybercriminals know this, and are unfortunately ready to take advantage of any weak link that can be found to steal vital consumer and business data. Threat actors highly covet consumer credit cards and personally identifiable information (PII) as criminals can quickly and easily monetise it.

Payment Services 162

Payment Services Supply Chain Management Accounting Point of Sale 162

Inside Retail

NOVEMBER 21, 2021

It makes sense: the last major overhaul of how consumer data is dealt with in Australian law happened way back in 1988. While privacy is a bigger focus than ever before, consumers continue to demand and expect personalised experiences. If your brand isn’t rethinking data consent and tracking, now is the time to act.

Point of Sale 264

Point of Sale Checkout Advertising Accounting 264

Retail TouchPoints

OCTOBER 10, 2023

Despite global economic concerns, consumer spending has remained robust throughout 2023, and retailers are looking forward to a blockbuster Q4 full of holiday spending. eMarketer expects retail mobile commerce sales to account for 43.4% of total retail ecommerce sales in 2023. billion, up from $415.93 billion in 2022.

Payment Services 233

Payment Services Social Commerce Accounting Customer Experience 233

Retail TouchPoints

JULY 12, 2023

Then, last year, in-store sales grew faster than online sales, while ecommerce stocks took a big hit. Retailers cited rising costs, declining consumer spending and supply chain volatility as their top concerns. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry.

Payment Services 213

Payment Services Inventory Management Checkout Loss Prevention 213

Retail TouchPoints

MARCH 31, 2023

This allows the brand and consumer to engage on a far higher level than previously possible. If a customer can earn points for every transaction they make and get rewarded with individualized benefits, matched to their likes, then it’s a major plus. The aim is to incentivize a brand’s customers to shop with them, not its competitors.

Payment Services 246

Payment Services Accounting Point of Sale Customer Experience 246

Retail TouchPoints

APRIL 8, 2024

Ecommerce Growth with TikTok Today’s consumers have short attention spans and are constantly on the lookout for the next big thing in viral content. To make a splash on a platform like TikTok that caters to this kind of consumer behavior, you must become adept at creating content that quickly showcases why your product deserves to go viral.

Checkout 232

Checkout Marketing Advertising Point of Sale 232

Wiser

APRIL 9, 2024

Observation of Issue The journey begins when a sales leader, while reviewing monthly account performance reports, notices a trend in increasing out-of-stocks noted by the field sales team upon their arrival to a store.

Accounting 78

Accounting Inventory Management Point of Sale Management 78

Retail TouchPoints

SEPTEMBER 6, 2023

Legacy FTC rules require sellers to disclose sale terms before consumers subscribe and to provide cancellation information. As FTC Chair Lina Khan explains, “The new rule aims to prevent businesses from tricking consumers into unwanted subscriptions, saving consumers time and money.

Merchant Services 231

Merchant Services Payment Services Consumer Customer Experience 231

Inside Retail

OCTOBER 13, 2021

For brands selling through third-party retailers in categories like FMCG or consumer electronics, retail media allows you to tap into rich purchasing signals, boost visibility and improve conversion rates. We can deliver a brand or retailer’s message across an entire ecosystem, right down to the actual point of sale.

Marketing 277

Marketing Advertising Point of Sale Returns 277

Retail TouchPoints

APRIL 21, 2021

Buy now, pay later (BNPL) also thrived over the past year, rising nearly 78% to account for 1.6% I think more consumers, particularly millennials and Gen Z, are aware of the ability to pay with their wallet, so those two are big drivers. Digital wallet usage is expected to account for 40.5% of ecommerce spend.

Merchant Services 291

Merchant Services Payment Services Checkout Accounting 291

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. The same applies to B2B marketing when you rely on ABM (Account-Based Marketing) to target corporate accounts, decision-makers, etc.

Retail Trends 94

Retail Trends Consumer Payment Services Fulfillment 94

Retail TouchPoints

MARCH 25, 2021

Driven by growing consumer concern over how their personal data is being collected and used, governments are enacting legislation, and tech companies are implementing platform changes, that will forever alter the relationship between consumers and advertisers. “A A new era of advertising is taking shape.

Advertising 264

Advertising Consumer Marketing Accounting 264

Inside Retail

AUGUST 13, 2023

As consumers actively seek out more experiential retail engagement, brands are increasingly looking for ways to integrate digital signage in stores. In-store digital signage is equally impactful in driving increased sales and reducing store overheads for retailers.” “In

Point of Sale 130

Point of Sale Promotions Returns Accounting 130

Inside Retail

FEBRUARY 21, 2024

Consumers shopping in physical stores are seeking a more personalised and relevant engagement with retailers today, based on their needs and desires – they want more than conversations with sales associates merely trying to sell them something. They can complete the entire transaction from a mobile phone.

Point of Sale 130

Point of Sale Store Layout Shopping Accounting 130

Retail Focus

JULY 28, 2021

If it doesn’t benefit the consumer, they won’t do it. For example, since McDonald’s introduced kiosk ordering systems, sales have increased, in part due to reduced customer pressure at point of sale (POS). Everyone has something to say about Amazon. No checkouts affords a more motivated customer-facing team.

Supermarket 246

Supermarket Checkout Kiosk Grocer 246

Retail TouchPoints

APRIL 10, 2023

Digital transformation isn’t easy for any brand, but for Pandora , with its 40 years of history and more than 6,400 points of sale across 100 countries, that effort is particularly complex. Pandora, needless to say, is opposed to horrible consumer experiences.

Jewelry 228

Jewelry Wholesale Consumer Point of Sale 228

Inside Retail

MARCH 23, 2022

With the global luxury goods market expected to be worth around US$430 billion* by 2025 – and Chinese luxury consumption set to account for nearly half of that – Lanvin Group said it sees itself as “well-positioned to capture the enormous growth potential driven by flourishing demand for luxury goods globally”.

ATS 130

ATS Fashion Accounting Point of Sale 130

Inside Retail

JULY 4, 2023

RBA’s June 2023 bulletin “ Consumer Payment Behaviour in Australia ” highlighted that there was over 60 per cent awareness of cryptocurrency as a method of payment by respondents. Diversification of payment options Consumer preferences are evolving, and retailers must adapt to meet these changing demands.

Payment Services 264

Payment Services Merchant Services Point of Sale Finance 264

Retail TouchPoints

FEBRUARY 17, 2021

in March 2020, consumer buying behavior began shifting. In addition, as the popularity of online ordering and delivery continues to skyrocket, marketers need to rethink how they communicate with and market to consumers. In order to do this, retailers need to leverage valuable consumer data to create a more targeted marketing strategy.

Target Market 226

Target Market Marketing Kiosk Promotions 226

Retail Focus

APRIL 4, 2024

In a world where consumers’ behaviours, expectations, and preferences are rapidly changing, premium and luxury brands are faced with a unique challenge – how to preserve their identity and exclusivity while adapting to the digital age (Purwar 2019). Digital transformation has extended the customer experience beyond the point of sale.

Clienteling 147

Clienteling Supply Chain Management Customer Experience Consumer 147

Retail Focus

SEPTEMBER 21, 2023

Misjudging the quantities of perishables to stock could lead to an abundance of waste if the goods are not consumed before going bad or missed sales opportunities if you run out. From point-of-sale systems and reservation software to inventory management systems, invest in technology that suits your business model best.

Inventory Management 130

Inventory Management Management Accounting Point of Sale 130

M19 Retail

NOVEMBER 22, 2023

This collaboration alleviates the need for retailers to independently undertake the integration process as Mi9 Merchant takes charge of supplying the product inventory and pricing directly to the retailer’s Google Merchant Center account. said Eugene Voronov, EVP & GM at Mi9 Retail.

Merchant Services 40

Merchant Services Shopping Point of Sale Inventory Management 40

Mass Relators

APRIL 17, 2023

Certainly, in retail, it can be easy to forget about the individual consumer behind the aggregated data attributes that have been collected about them. Sometimes it feels like our world revolves around data. Reconciling disparate data is happening behind the scenes more than we likely realize.

Point of Sale 52

Point of Sale Accounting Management Planning 52

I Vend

AUGUST 17, 2022

Supermarket shopping is, for the vast majority of consumers, an essential. Consumers want live information about product availability. When it comes to grocery shopping, 93% of shoppers want to find deals , making it the highest category in retail for shoppers wanting to use coupons, special offers and loyalty points.

Payment Services 52

Payment Services Inventory Management Checkout Supermarket 52

365 Retail

JANUARY 12, 2024

Cash, cheques and invoices accounted for together 95% of turnover. Not only is 60% of turnover in offline retail now accounted for by card-assisted payment systems, but the diversity of digital payment methods has also markedly increased. This is also confirmed by current consumer surveys.

Payment Services 62

Payment Services Checkout Accounting Point of Sale 62

Retail TouchPoints

NOVEMBER 10, 2023

Retail media is the broader term used to describe the concept of retailers using their systems, infrastructure, data and access to their shoppers to help advertisers reach consumers. The term commerce also is broad enough to encompass new media offerings from consumer-focused companies that are not traditional retailers.

Advertising 269

Advertising Marketing Social Commerce Consumer 269

Retail TouchPoints

JULY 14, 2020

As the LUXIE brand has grown to become a global DTC cosmetic tools brand sold in 160 countries, its consumer base has shifted from an average age of under 20 to a 30- to 45-year-old demographic. where it is being sold at higher price points. We’ve created multiple Instagram accounts that target different parts of the world.

Checkout 190

Checkout Fulfillment Shipping Payment Services 190

365 Retail

JUNE 18, 2021

But despite the pandemic, Starbucks continued to pay their staff in full and did not take any Government furlough money for its non-franchised stores, which account for around 30% of all sites in the UK. Starbucks slumped to a heavy loss due to Covid (Philip Toscano/PA).

Point of Sale 73

Point of Sale Accounting Location Marketing 73

Star Miconics

AUGUST 17, 2022

This was good for both merchants and consumers, but it ultimately led to a surge in chargebacks and friendly fraud. How a Consumer Protection Became Friendly Fraud. Ironically, what began as a consumer protection mechanism has become a tool consumers use to steal from merchants.

Merchant Services 97

Merchant Services Returns Point of Sale Consumer 97

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

Digital is as much about consumers, customers, people and mindsets as it is about technology. Hence it is imperative that the digital agenda in any retailer organization is driven by consumer trends. Retailers nowadays have to offer a compelling reason for people to come to their point of sales.

Payment Services 61

Payment Services Drop-Shipping Shipping Point of Sale 61

365 Retail

FEBRUARY 23, 2022

It’s time to stop talking about consumer trends and start focusing on consumer priorities. Consumers have had much more disposable income during the past couple of years, but they may soon feel the crunch with the effects of inflation, the cost of living, and predicted increases in food and energy bills.

Consumer 52

Consumer Point of Sale Planning Management 52

Independent Retailer

APRIL 20, 2021

It has changed the way consumers shop and interact with companies, which means retailers are stepping up their game to meet these rapid changes. They could offer a better deal or discount that draws consumers into the store or to their ecommerce site. by Shannon Flynn. It is critical to cover both bases.

Supply Chain Management 77

Supply Chain Management Advertising Point of Sale Customer Experience 77

Wiser

MAY 14, 2020

In brick-and-mortar stores and online storefronts, consumers are barraged with visual and text-based advertising. it’s easy for consumers to overlook most of them. But if you’re looking to improve yours, how can you start applying different merchandising techniques to your point-of-sale locations? Tell a Story.

Visual Merchandising 158

Visual Merchandising Cross Merchandising Point of Sale Apparel 158

RETAIL MANAGEMENT SOFTWARE

MAY 24, 2022

Online appointment scheduling, touchless shopping in stores, real-time updates on online deliveries, and personalized services are now easier for many as retailers have adapted to new consumer needs and preferences. consumers have opened business SMS, and more have initiated SMS conversations with brands. Probably not.

Marketing 81

Marketing Payment Services Customer Experience Advertising 81