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For the pandemic-hit fashion industry, the future is digital

Inside Retail

Fear of the unknown customer can backfire. New customers are a major growth engine for retailers, but many merchants view first-time online shoppers as high-risk due to their unfamiliar behaviour and lack of purchase history. A sudden influx of new customers can mean a bump in revenue – or a wave of fraud or policy abuse.

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BNPL: Multiple Growth Opportunities Despite Rumblings About Regulation

Retail TouchPoints

Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service. BNPL fulfills a need that previously wasn’t being met,” said Sharp. In fact, 50% of U.S

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Leveraging A Chief Supply Chain Officer To Enhance the Retail Experience

Retail TouchPoints

However, when it comes to retail specifically, oftentimes the customer experience is fully dependent on the supply chain experience. For example, a CSCO was a function you’d only see in business environments where there was a clear inbound raw materials to finished goods process. Embracing Technology.

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CCS 2022: Experts Provide Lessons and Best Practices from the Great Acceleration

Retail TouchPoints

Sessions illustrate the increasingly complex nature of the customer experience, and how the lines between commerce, marketing, service, and even supply chain and fulfillment, continue to blur. Why the Non-Purchaser Might be Your Most Important Customer. Proven Omnichannel Service Strategies from Retail Experts.

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2024 Industry Trend Guide

Storis

Retailers are also offering services within their spaces. Buy with Prime” enables Shopify merchants to use Amazon’s payment and fulfillment services. Amazon’s presence establishes trust for customers looking to purchase from lesser-known websites and increases revenue for all parties.

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Has retail seen its watershed moment?

365 Retail

Trust is an important factor in customer experience. E-tailers have to ensure the customer consent is captured (needs to be opt-in vs opt-out) and is passed on to various systems at the backend, such as the marketing automation, CRM and customer support. Support for mobility : Mobile commerce is on a steady rise.

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What’s Behind the New Urgency Driving Sustainability Initiatives?

Retail TouchPoints

Retail TouchPoints recently partnered with Amazon Web Services on a survey of 500 retail and brand executives and found that the vast majority ( 84% ) have incorporated CSR in some way into their business strategies, largely because they think it is the right thing to do ( 72% ).

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