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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

Temple & Webster also has plans to achieve $1 billion in annual sales within the next three to five years. The brand has also increased its promotional activity and marketing investment. It plans to increase its brand spend in the upcoming financial year. We’re not planning to do any mass cost reduction.

Planning 246
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How to transform returns from a costly headache into a profit centre

Inside Retail

But that need not be the case with careful planning and the deployment of the right technology. “Up The power of a seamless returns experience Daly says 98 per cent of consumers say they would be more likely to return to shop with a retailer again if they receive a fast, convenient and hassle-free return experience. “A

Returns 147
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How to transform returns from a costly headache into a profit centre

Inside Retail

But that need not be the case with careful planning and the deployment of the right technology. “Up The power of a seamless returns experience Daly says 98 per cent of consumers say they would be more likely to return to shop with a retailer again if they receive a fast, convenient and hassle-free return experience. “A

Returns 147
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What You Need to Know About Transforming Online Return Churn

Retail TouchPoints

Consumer Study , 85% of consumers check a company’s returns policy before even making a purchase when shopping online, and 68% of U.S. Consider offering a printable, pre-paid return shipping label or even a QR code that customers can use at drop-off locations without needing to print anything.

Returns 224
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Six must-have email marketing flows to elevate your customer journey

Inside Retail

Whether using tried and tested pre-built templates from Klaviyo’s extensive library, or building unique flows using a simple drag-and-drop tool to create their own, retailers can create advanced, profitable automated flows that are proven to boost conversion rates. The promotion boosted Arizona’s off-season revenue by 201 per cent. “In

Marketing 287
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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. Michaels’ CEO Ashley Buchanan first revealed plans for a marketplace in a February 2021 story in The Wall Street Journal.

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Getting pricing and products right to win in the era of inflation

Inside Retail

per cent peak later this year, how can you provide Australians impacted by the cost-of-living crisis with affordable products and convenient shopping in a retail environment facing squeezed margins, rising business costs, and a consumer shift toward value purchases? These can include: Choosing low(er) priced options ?: