Retail Adventures

AUGUST 8, 2023

How often do you mystery shop your competition – in person, online and on social medias? Shopping your competition is an exercise that needs to happen at least once a quarter. When we mystery shop we carefully examine the operational categories in the store, and then rate each one on a scale of 1 to 10. Mystery shop your store.

Shopping 52

Shopping Merchant Services Visual Merchandising Markdowns 52

Retail TouchPoints

JANUARY 3, 2023

This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. They set up identical online shops on spoofed domains and launch paid search ads to sell discounted counterfeit goods. Invisible protection for optimal customer experience. So the fraudsters win, and your customers lose.

Merchant Services 306

Merchant Services Payment Services Accounting Checkout 306

Retalon

AUGUST 16, 2019

In any business undertaking that caters to a consumer marketplace, there are two major challenges – delivering an experience that feels personalized to shoppers, while simultaneously creating a consistent experience across retail locations and channels so that customer can enjoy the comfortable familiarity of your brand.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

365 Retail

JUNE 5, 2024

In a business world where customers demand seamless shopping experiences, retailers face intense pressure to keep up. Enhancing the In-Store Experience While online shopping is convenient, many shoppers still prefer the in-store experience. Read on for more insight!

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Retail Focus

FEBRUARY 8, 2022

61% said access to digital product information became increasingly important when shopping for expensive items, while 45% have been put off buying a complex or considered purchase when there wasn’t enough product information available.

Markdowns 147

Markdowns Sporting Goods Management Shopping 147

Indigo 9 Digital

SEPTEMBER 7, 2022

The prevailing wisdom at the time which hasn’t gone completely away is that you can’t translate a high touch experience, one often involving thousands of dollars, online. Then the COVID-19 pandemic hit and consumers around the world were forced to shop online sending digital sales to levels never seen before.

Boutique 98

Boutique Fashion Customer Experience Markdowns 98

Independent Retailer

DECEMBER 23, 2022

Offer Promotions & Product Markdowns. Offer Promotions & Product Markdowns. Dynamic pricing, promotions, and markdowns are strategic ways to tackle inventory management, according to Nari Viswanathan, Senior Director of Supply Chain Strategy at Coupa. Help Shoppers Find the High Stock Products. Donate Excess Inventory.

Inventory Management 76

Inventory Management Wholesale Management Markdowns 76

Retail TouchPoints

DECEMBER 12, 2023

Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Ending the Tradition of Blanket Markdowns Enter this year’s holiday shopper.

Markdowns 278

Markdowns Retailing Pricing Promotions Fulfillment 278

Inside Retail

JANUARY 26, 2022

With luxurious touches, such as a VIP area with velvet chairs, a personal shopping service, and free domestic shipping for in-store customers, Nicholas calls it “one of the most elegant stores” she has ever seen. There is still a bit of trepidation with physical shopping, but we are very optimistic about the future.

Fashion 130

Fashion Drop-Shipping Boutique Markdowns 130

Retalon

APRIL 27, 2021

In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns. While pandemic-era safety concerns contributed to this growth, the selection and convenience that online shopping offers to consumers are the primary drivers. Retail AI can apply this process when customers return their purchases.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Indigo 9 Digital

SEPTEMBER 1, 2022

That means if there is slow moving merchandise the retailer doesn’t have to worry about taking markdowns to sell the inventory. This is part of Marks & Spencer’s strategy of "moving with the customer, where the customer is working and shopping" said Rowe. "We

Drop-Shipping 95

Drop-Shipping Markdowns Planning Grocer 95

Independent Retailer

AUGUST 19, 2022

85 percent of customers will not shop with a retailer again after having had a poor delivery experience. It may only be August, but July’s Amazon Prime Day event proved the holiday shopping season is already here. How Inflation Will Impact the Holiday Shopping Season. Top Findings and Predictions.

Shipping 85

Shipping Merchant Services Consumer Returns 85

Retalon

APRIL 21, 2021

Omnichannel order fulfillment that drives customer experience (and boosts profits). Optimizing your omnichannel fulfillment process requires reducing costs, automating repetitive tasks, and improving your customer experience. And what happens if customers begin to return items to your store that were drop-shipped?

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

AUGUST 16, 2019

Delivering an experience that feels personalized to shoppers, while also… Creating a consistent experience across retail locations and channels so that customer can enjoy the comfortable familiarity of your brand. Personalizing the customer experience is beneficial for the customer in several ways.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

AUGUST 20, 2019

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. This is because today’s competitive advantage in retailing can often come down to the customer experience. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

MARCH 4, 2019

Things are done retroactively or not at all, and any changes made tend to be at a category level, not a SKU level, leading to lost sales and unnecessary markdowns. Customers are expecting more convenient fulfillment options, better timing, and a more unified shopping experience.

Inventory Management 32

Inventory Management Markdowns Planning Fulfillment 32

Retalon

AUGUST 20, 2019

This has spurred a lasting debate about whether or not brick-and-mortar stores will remain relevant as more and more consumers subscribe to the convenience of shopping online. This is because today’s competitive advantage in retailing can often come down to the customer experience. – Promotions, event and markdowns.

Fulfillment 32

Fulfillment Comparison Shopping Markdowns Promotions 32

Retalon

AUGUST 14, 2023

Mastering omnichannel ecommerce strategy is essential for retailers to deliver a seamless shopping experience. An omnichannel strategy provides customers with a unified shopping experience across all channels, whether online, mobile, or brick-and-mortar. Shoppers today hop between devices and environments.

Markdowns 41

Markdowns Customer Experience Shopping Planning 41

Retalon

SEPTEMBER 11, 2020

Demand forecasting drives most of the business’ performance metrics by reducing inventory costs, increasing turnover, and improving the customer experience. On top of that, even smaller retailers must address the multi-channel reality of today’s shopping environment. But those factors are just the tip of the iceberg.

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Retalon

DECEMBER 8, 2021

In fact, recent McKinsey industry research found that when delivery (fulfillment) times are too long, almost half of consumers will shop elsewhere. It used to be that consumers mostly shopped at stores geographically close to them. Knowing demand at SKU/store level means that inventory is allocated to the customer’s closest location.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

365 Retail

DECEMBER 5, 2022

Technology has advanced significantly and with brands now moving into their busiest season, consumers will continue to opt for convenient shopping both online and on the high street for the ideal purchase. . This way, they can enable the delivery of excellent shopping experiences. As a result, it is?recommended

Dead-Stock 52

Dead-Stock Fulfillment Markdowns Shipping 52

Retalon

AUGUST 14, 2023

Customers expect seamless integrated shopping experiences across channels – online, mobile, in-store, etc. An omnichannel retail strategy is key for retailers to effectively meet rising customer demands in 2023 and beyond. Research by Deloitte found omnichannel customers spend 3-4X more than single-channel ones.

Payment Services 41

Payment Services Fulfillment Planning Markdowns 41