Retail TouchPoints

JULY 19, 2023

According to a recent study , price, quality and convenience are still consumers’ top buying criteria for products. This comes despite earlier research finding a shift in consumer attitudes was the driving force behind the push for sustainable packaging in 2020. However, with high inflation costs continuing to be felt across the U.S.,

Inventory Management 212

Inventory Management Shipping Management Consumer 212

Retail TouchPoints

JUNE 26, 2023

Get ready, get excited, retailers and customers alike, the 2D barcode, a compact square label with splotches and spaces that encode up to 350X more data than a traditional UPC (4,000 characters) will have a significant impact on managing the business and delivering better customer experiences. Who doesn’t want that?

Merchant Services 269

Merchant Services Inventory Management Grocer Customer Experience 269

Inside Retail

AUGUST 10, 2022

Unlike the early years of e-commerce, today’s environment requires diversification across an appropriate variety of channels to strengthen visibility; brands must be active where their target consumers are shopping. More customer data from direct interaction with consumers.

Advertising 246

Advertising Fulfillment Shipping Inventory Management 246

Inside Retail

FEBRUARY 26, 2024

There are several economic factors playing havoc with consumers and business operations that are likely to persist into 2024. Consumer sentiment remains low as households stagger under higher costs of living and interest rates. This instability, together with increased gas and energy prices, has affected shipping costs.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail TouchPoints

SEPTEMBER 23, 2022

In internal fulfillment, the business handles the complete process of storing, packing and shipping. The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers. Also, packaging can be fully customizable.

Fulfillment 296

Fulfillment Shipping Inventory Management Management 296

Retail TouchPoints

OCTOBER 6, 2022

Rather than being limited to a jam-packed four to five weeks from Black Friday to Christmas Eve, consumers are beginning their shopping as early as October (with a few doing so even earlier than that). McNamara spotlighted a surge in promotional activities in July 2022 that marked the official kickoff of the back-to-school season.

Merchant Services 242

Merchant Services Payment Services Promotions Location 242

Retail TouchPoints

JUNE 2, 2023

Valentine’s Day saw consumers projected to spend an average of $16 on chocolates and candy — up from under $9 per person in 2010 — while Halloween candy sales reached a record $3.1 This further complicates how consumers can sustainably dispose of candy wrappers and packaged products. billion on Easter candy alone. billion in 2022.

Shipping 251

Shipping Inventory Management Consumer Management 251

Retail TouchPoints

SEPTEMBER 22, 2022

It’s really the tale of two years ,” said Matt Kramer, National Sector Leader, Consumer and Retail for KPMG US. We were still in the pandemic, and I don’t think consumers really knew how long it was going to last, and that created uncertainty during the holiday period.

Promotions 233

Promotions Fulfillment Inventory Management Drop-Shipping 233

Retail Focus

SEPTEMBER 7, 2021

There are numerous headlines about shipping delays and stock shortages, and growing concerns about getting goods to the UK in time to satisfy festive sales demand. Months and months of rising shipping costs are creating some optimism that the surge in transportation prices is nearing its peak. 2) Create contingencies.

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail TouchPoints

OCTOBER 14, 2021

Retailers and consumers alike are bracing for a holiday season much like the last — masks look set to remain a top stocking-stuffer; “supply chain” has a become a daily topic in mainstream media; and parents are gearing up for tears with the top toys of the year already predicted to go out of stock. Early Birds Get the Products.

Marketing 287

Marketing Promotions Consumer Customer Experience 287

Retail TouchPoints

NOVEMBER 18, 2021

Consumer expectations of retailers have been transformed by their experiences buying from Amazon and other innovative retailers that are able to provide fast, efficient omnichannel experiences. In tandem, consumer expectations have grown. Consumers expect immediate gratification. Holiday shopping season is upon us.

Supply Chain Management 234

Supply Chain Management Fulfillment Shipping Inventory Management 234

Retail TouchPoints

MAY 18, 2021

To help build this awareness, a merchant should promote its subscription service throughout its site. These incentives run the gamut and include: Discounts are the most common type of promotion and are always appreciated by potential customers. Free shipping has become expected by many shoppers. Make Signing Up Simple.

Merchant Services 149

Merchant Services Shipping Promotions Payment Services 149

Retail TouchPoints

JULY 14, 2021

The extreme, rapid shifts in consumer behavior during the pandemic reaffirmed several underlying issues with retailer and CPG brand collaboration. But now, as many retailers and brands strive to understand and respond to ever-changing consumer needs, there is a prime opportunity to make improvements. Cleaning products.

Inventory Management 264

Inventory Management Grocer Consumer Planning 264

Retail TouchPoints

JANUARY 6, 2021

The beauty is that the seller can capture customers’ personal information and email address, which means they can start doing newsletters and sending promotions about a sale or a new product launch. But the real issue here is around customer acquisition, and consumers have massive trust with Amazon.

Fulfillment 290

Fulfillment Shipping Inventory Management Returns 290

Retail TouchPoints

JANUARY 13, 2023

In periods of soaring inflation, consumers look to buy products they truly need. They ensure consumers are connected with the right products early on, ease the purchase process and lead to higher conversion (CVR). As consumers decrease their spending, purchasing pre-loved items will become a more popular consumer action.

Returns 260

Returns Consumer Inventory Management Customer Experience 260

Inside Retail

OCTOBER 21, 2021

Retailers are enduring dynamic and challenging times as supply-chain disruption continues and consumer behaviour changes, both brought on by living in the Covid era. Consumers increasingly want a seamless and consistent shopping experience across a growing number of offline and online touchpoints. Offer gift cards.

Returns 130

Returns Merchant Services Shipping Payment Services 130

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. Self-service check-ins and checkouts have become the new norm, saving time and money for retailers. New Look Stores.

Retail Trends 94

Retail Trends Consumer Payment Services Fulfillment 94

Rain Pros

AUGUST 18, 2023

The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations. eCommerce has revolutionized how people shop and significantly changed consumer behavior and expectations.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Rain Pros

AUGUST 18, 2023

The accessibility and convenience offered by online shopping platforms have led to significant shifts in consumer behavior, and traditional retailers must adapt to ensure they remain competitive and meet evolving customer expectations. eCommerce has revolutionized how people shop and significantly changed consumer behavior and expectations.

Payment Services 52

Payment Services Drop-Shipping Shipping Inventory Management 52

Retail TouchPoints

JULY 26, 2021

If you’re a wholesale retailer or brand owner and you haven’t already launched a direct-to-consumer sales channel, you’d better be thinking about it. Wholesalers are used to shipping pallets and containers from one warehouse to another. Fulfillment and Returns. How will you fund this initiative?

Wholesale 275

Wholesale Payment Services Fulfillment Returns 275

Retail Smart Guys

NOVEMBER 3, 2023

Some products may have longer lead times due to manufacturing or shipping constraints. Factor in these lead times when planning your inventory to ensure you receive products in time to meet customer demand. Economic Factors: Navigate Market Fluctuations Economic factors can significantly impact your inventory planning.

Planning 52

Planning Inventory Management Promotions Shipping 52

Retail Focus

JANUARY 12, 2023

Many of those processes can be time-consuming or repetitive, which makes them highly suited to automation. Sales automation can also offer promotions and upsells tailored explicitly towards each customer and presented opportunistically. Inventory Management.

Payment Services 130

Payment Services Inventory Management Returns Checkout 130

Retail TouchPoints

JANUARY 25, 2022

This is a direct and relatively simple means to take consumers to experiential landing pages where retailers and brands can share information about products, including new launches, recipes, instructions, promotions and more. If shipping is delayed and orders are late, tell your customers. What does this mean?

Management 249

Management Marketing Customer Experience Inventory Management 249

Retalon

MAY 17, 2024

Navigating through today’s industry needs, businesses face increasing challenges due to fluctuating market dynamics, evolving consumer behaviors, and technological advancements. It is used for planning and optimizing various supply chain activities, including procurement, production, inventory management, and distribution.

Supply Chain Management 41

Supply Chain Management Inventory Management Management Promotions 41

Rangeme

NOVEMBER 1, 2022

Barcodes allow retailers and supply chain partners to scan a product into their systems so they can record transactional events (like shipping and receiving) and facilitate efficient inventory management in warehouses and stores. The UPC in your online listing also helps make your product more discoverable in online searches.

Inventory Management 105

Inventory Management Boutique Consumer Shipping 105

Inside Retail

JANUARY 24, 2023

They covered how brands can provide elevated and curated customer experiences and how clear differentiation, and even re-invention, can be critical to meeting consumer demand and providing a sustainable future for retailers. What mattered was, were we serving the consumer in the way the consumer preferred?”

Fulfillment 130

Fulfillment Customer Experience Consumer Returns 130

Independent Retailer

APRIL 21, 2022

The worst part is that i ndustry experts and economists now believe the problems could continue into 2023 and beyond , with geopolitical tensions and ever-increasing costs adding to the disruption caused by the pandemic and a boom in consumer demand. O ptimize Inventory. Automate Shipping. Follow Your Data.

Shipping 83

Shipping Supply Chain Management Management Promotions 83

Wiser

NOVEMBER 10, 2020

Being in a position to release new products is great, but as your assortment grows, so too does the complexity of your inventory management processes. Consumer tastes are always changing, and brands have met those demands by offering variations on existing products to cater to specific tastes.

Merchant Services 99

Merchant Services Inventory Management Promotions Marketing 99

365 Retail

SEPTEMBER 7, 2021

There are numerous headlines about shipping delays and stock shortages, and growing concerns about getting goods to the UK in time to satisfy festive sales demand. Months and months of rising shipping costs are creating some optimism that the surge in transportation prices is nearing its peak. 2) Create contingencies.

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

Wiser

APRIL 7, 2020

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry.

Markdowns 128

Markdowns Inventory Management Drop-Shipping Apparel 128

Storis

DECEMBER 5, 2022

Common factors include inaccurate demand forecasting, lack of inventory audits, or supply chain challenges. However, sometimes an inventory surplus happens due to factors out of your control such as changes in the consumer market, unforeseen natural events, or economic fluctuations. Just-In-Time Inventory Management.

Home Furnishings 52

Home Furnishings Inventory Management Fulfillment Shipping 52

365 Retail

NOVEMBER 14, 2022

Using a sound PPC and SEO strategy to support enticing promotions is a surefire tactic to create a buzz around your brand early on. Inventory management is key. It’s imperative to manage your inventory effectively ahead of Black Friday and Cyber Monday. What upsells and bundles you’re going to offer.

Merchant Services 59

Merchant Services Payment Services Inventory Management Fulfillment 59

I Love Fashion

JANUARY 4, 2021

Enabling consumers across the globe to shop their preferred commodities by leveraging flawless online transactions. Well, as per the GP Bullhound Consumer Internet index, Amazon, with a market capitalization of 1,597.2 billion US dollars, was ranked as the largest online consumer service company across the globe.

Fashion 111

Fashion Inventory Management Marketing Shipping 111

Retail TouchPoints

NOVEMBER 28, 2023

Despite all the changes in the past 25 years, one thing that has remained the same is consumers’ appetite for personalized products: “ People are hungry to connect with each other in meaningful ways ,” explained Chun in an interview with Retail TouchPoints. It’s almost as quick as someone who’s just picking something off the shelf.”

Payment Services 225

Payment Services Shipping Marketing Inventory Management 225

Retail Bound

JUNE 27, 2023

Retail can transform a brand from low profitability and a local following to a rocket ship of growth with national expansion. Step 4: Pricing & Promotion Strategy The fourth strategy is honing your pricing and promotion strategies. Promotional campaigns play a critical role in driving consumer awareness and sales.

Fulfillment 52

Fulfillment Target Market Payment Services Promotions 52