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Navigating the new normal in retail shipping: Insights from Shippit’s new report

Inside Retail

As economic pressures persist and competition increases, customer expectations for shipping and delivery grow. Shippit’s latest State of Shipping Report for 2024 offers a comprehensive look into current trends and challenges facing retailers, shedding light on how businesses can adapt and thrive in this dynamic environment.

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EBay Prioritizes Search with New UX Updates  

Retail TouchPoints

The top navigation panel and top-of-page filters also have been improved to include redesigned drop-down menus, so the experience is more intuitive. All delivery and shipping options also are now located in one convenient place, so shoppers can update their shipping locations and find their preferred delivery methods.

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A Financial Tale of Two Former DTC Darlings: Allbirds and Warby Parker

Retail TouchPoints

The company pointed to faster growth in glasses, lower outbound customer shipping costs as a percent of revenue and improved efficiencies in owned optical laboratories as key drivers for this gross margin improvement. The brand’s most significant expenses were tied to marketing and advertising ( 22.8% Gross profit also increased 16.3%

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What Is Dropshipping? Pros And Cons Of Drop Shipping For Sellers, Manufacturers, And Customers

Retail Minded

Therefore, to make it successful, sellers need to invest in advertising to get their stores noticed. Pros And Cons Of Drop Shipping For Sellers, Manufacturers, And Customers appeared first on Retail Minded. The latter is related to a disadvantage, though. The post What Is Dropshipping?

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How to leverage the latest tech to attract and convert customers

Inside Retail

In the second episode of our video series from Shopline, we discuss how artificial intelligence can be used to take the guesswork out of digital advertising, how common mistakes can have a negative impact on conversion and why connecting data in the backend is key. It was just over our target.

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Michaels Prepares Marketplace Offering to Offer More Than ‘Just Coupons and Discounts’

Retail TouchPoints

The retailer also is currently seeking third-party solution providers in areas including payment processors, order management and shipping and fulfillment. The Michaels Marketplace will be invite-only and aimed at “high-volume sellers of components, tools or craft materials,” according to an announcement on the company’s website.

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Five ways to reduce operating costs in your retail business

Inside Retail

Reduce advertising costs Nothing is more frustrating for a consumer than looking for a product online, to find it’s out of stock. Otherwise, the budget is being wasted on advertising products you don’t have. Negotiate shipping costs Look at the way items are being shipped and evaluate other alternatives.