Independent Retailer

OCTOBER 19, 2022

Determining the right mix of financing options comes down to having a deep understanding of your customer and your product set. Nearly half (46%) of consumers surveyed said they are more likely to purchase from retailers who offer a variety of financing options. by Mike Rittler. by Mike Rittler. The Federal Reserve and the U.S.

Finance 74

Finance Payment Services Promotions Consumer 74

Retail Focus

DECEMBER 14, 2023

That’s easier said than done, though, which is where forecasting comes in place, providing an opportunity for growth and success even in the most unpredictable market conditions. One such way to navigate these obstacles and come out top of the market is to use accurate forecasting. Was there a promotional offer?

Payment Services 147

Payment Services Finance Promotions Management 147

Retail TouchPoints

NOVEMBER 28, 2023

Amazon alone said it sold 1 billion products during its extended promotion period, which kicked off earlier than the traditional Cyber Week start of Thanksgiving Day, on Nov. Another 31% said a limited-time sale or promotion convinced them to make a purchase they were hesitant about, up from 29% last year. A record 200.4 1 through Dec.

Payment Services 259

Payment Services Promotions Finance Consumer 259

Rangeme

APRIL 22, 2024

Without sufficient funds to invest in inventory, marketing, and infrastructure, even the most promising ventures can struggle to gain traction. Meanwhile, the right financing strategy can provide the resources needed to grow and thrive.

Payment Services 78

Payment Services Finance Promotions Marketing 78

Retail Bound

MARCH 21, 2024

Understanding the Significance of Net Terms Net terms, also known as credit terms or payment terms, refer to the arrangement between a seller and a buyer concerning the timing and method of payment for goods or services. This competitive advantage can lead to increased market share and revenue growth.

Payment Services 52

Payment Services Wholesale Supply Chain Management Customer Retention 52

Retail TouchPoints

MAY 9, 2023

Recent AI advancements have the power to reshape the way the industry operates. Retailers embracing Generative AI can stay ahead of the curve and compete in this ever-changing competitive landscape — enabling them to lead with a customer-first approach while operating with more efficiency. Providing 24/7 customer service.

Payment Services 256

Payment Services Inventory Management Marketing Checkout 256

Retail Minded

MARCH 2, 2022

Some even perform critical tasks to complete the entire retail process. But can Robotic Process Automation (RPA) take retail automation to the next level? The retail industry has been employing RPA to smoothen its operations and gain growth momentum to overcome multiple problems. That’s where robotic process automation can help.

Payment Services 52

Payment Services Inventory Management Promotions Accounting 52

Retail TouchPoints

JANUARY 6, 2023

Additionally, one-third of consumer respondents are concerned about making upcoming payments. We may have some holiday hangover when those credit card bills hit — those upcoming credit card payments, utility payments and so on will be weighing on their minds, so they may pull back on their spending.”.

Payment Services 319

Payment Services Promotions Consumer Inventory Management 319

Retail Minded

SEPTEMBER 20, 2021

Operating a retail business is both rewarding and challenging. One of the biggest challenges that you’ll face is related to finances. Many retail businesses are able to operate seamlessly with sufficient financing. Here are five ways retail businesses can leverage financing: Choose The Right Lender. Buy In Bulk.

Finance 52

Finance Payment Services Operating Expenses Promotions 52

Retail TouchPoints

APRIL 6, 2023

The newest generation of artificial intelligence (AI) would seem to be tailor-made for the behind-the-scenes operational complexity of today’s retail organization — and in many ways it is. Everything Comes Back to the Data As promising as AI can be in retail operations, it also carries risks. said Thota.

Payment Services 217

Payment Services Supply Chain Management Supermarket Accounting 217

Inside Retail

MARCH 27, 2023

In February, ShopBack, a shopping, rewards and payments platform, partnered with Sunway Pyramid, a mall in Malaysia, on the ShopFiesta event to reward shoppers with promotions and giveaways. Shoppers were able to make purchases at a discount and split their payments into three instalments.

Merchant Services 130

Merchant Services Payment Services Marketing Spend Finance 130

Inside Retail

SEPTEMBER 16, 2021

Facilitating these lessons not only helps employees’ personal circumstances but the company’s bottom line too. What will they need to know if they are promoted? This might include inventory control, purchasing agreements, labour costs associated with rostering, marketing expenditure and budgeting. Facilitate introductions.

Management 228

Management Payment Services Finance Accounting 228

Retail Gazette

OCTOBER 19, 2023

EE will start selling smart fridges, TVs, kettles and fitness products as it branches out into the ecommerce market. The telco company aims to utilise tactics developed selling its telecoms goods and services to support its venture into consumer electronics. Click here to sign up to Retail Gazette‘s free daily email newsletter

Payment Services 116

Payment Services Finance Promotions Consumer 116

Retail TouchPoints

MARCH 8, 2023

This means the way consumers shop has drastically changed as new financing options rise in popularity. In fact, research shows that BNPL payments surged by 85% during the week between Black Friday and Cyber Monday last year. Dan Silver is the Chief Marketing Officer at ZineOne , a pioneer and leader of in-session marketing.

Payment Services 233

Payment Services Finance Customer Experience Shipping 233

Small Biz Trends

JUNE 1, 2022

A cryptocurrency is a decentralized payment method that you can use to trade online by way of smart contracts. Even major businesses have started accepting cryptocurrencies as a means of exchange and promotion. The global cryptocurrency market cap is estimated at $1.28 The global cryptocurrency market cap is estimated at $1.28

Payment Services 124

Payment Services Accounting Promotions Finance 124

Storis

APRIL 18, 2024

Promoting customer loyalty programs is critical to sustained retail success. CLV serves as a crucial metric for businesses to assess the long-term profitability of their customer base and tailor marketing strategies accordingly. Access to member-only financing plans with attractive terms and interest rates.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52

Storis

APRIL 12, 2024

Promoting customer loyalty programs is critical to sustained retail success. CLV serves as a crucial metric for businesses to assess the long-term profitability of their customer base and tailor marketing strategies accordingly. Access to member-only financing plans with attractive terms and interest rates.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52

365 Retail

NOVEMBER 8, 2022

Whilst buy now pay later has raised concern in recent years, the online trend allowing customers to split their payments into interest-free instalments continues to surge. . The financial promotion rules for BNPL are also set to change to ensure advertisements are clear and do not mislead consumers. . Embedded finance .

Payment Services 73

Payment Services Finance Fast Fashion Consumer 73

365 Retail

JULY 2, 2023

By implementing strategic measures, these companies can streamline their operations, optimise resources, and reduce unnecessary expenses. From embracing technology advancements to optimising vehicle usage, these strategies can help taxi companies enhance their profitability while maintaining high-quality service.

Payment Services 52

Payment Services Inventory Management Promotions Management 52

Retail Minded

NOVEMBER 8, 2022

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. Many of today’s versions result in high losses.

Checkout 97

Checkout Payment Services Inventory Management Grocer 97

365 Retail

MARCH 7, 2022

The retail industry is one of the most competitive players, with only a few corporations that occupy the highest market share. As an entrepreneur, you’ll need to know your competitors and customers, use social media marketing, and improve your branding. However, you need to have sufficient cash to fund your expansion.

Payment Services 98

Payment Services Finance Operating Expenses Promotions 98

Retail TouchPoints

NOVEMBER 4, 2021

The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S.,

Consumer 260

Consumer Merchant Services Payment Services Drop-Shipping 260

Retail TouchPoints

OCTOBER 9, 2020

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

Home Furnishings 231

Home Furnishings Payment Services Promotions Accounting 231

Storis

JANUARY 22, 2024

Our survey found that furniture retailers are enthusiastic about many applications of AI led by those that will increase marketing efficiency and reduce bottom-line costs. More than 50% of those surveyed plan or use Generative AI for designing digital ads, writing content, and personalizing marketing. can also bolster sales in 2024.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52

Retail TouchPoints

OCTOBER 7, 2020

We went through a process of intense reopening over about eight weeks from mid-May to mid-July, which has since continued at a slower pace,” said Jordi Martin-Consuegra, EVP, Chief Administrative Officer and Deputy CEO at Hudson in an interview with Retail TouchPoints. The company is now operating approximately half of its locations.

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. Top 12 Ecommerce Software Options for Small Business.

Merchant Services 122

Merchant Services Payment Services Drop-Shipping Shipping 122

Small Biz Trends

NOVEMBER 14, 2022

Franchisors will usually provide the training, resources, and support you need to operate their business model. As a franchisee, you will however need to pay an initial franchise fee to the franchisor for the rights to use their brand in addition to ongoing franchise fees for marketing, royalties, and more. What Is an FDD in Business?

Payment Services 97

Payment Services Finance Advertising Location 97

Inside Retail

FEBRUARY 27, 2023

It’s all just commerce now With retailers using the online channel to promote engagement across the entire buying journey, the distinction between the online store and physical stores has become increasingly blurred. Customer service This is often a buyer’s primary point of contact with a brand.

Payment Services 130

Payment Services Social Commerce Promotions Department Stores 130

Retail TouchPoints

OCTOBER 9, 2020

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

Home Furnishings 132

Home Furnishings Payment Services Promotions Accounting 132

Retalon

JUNE 18, 2019

Promotion planning is a constant balancing act. You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. These promotions must also fit within your overall promotional strategy which supports your company’s business goals.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Inside Retail

FEBRUARY 13, 2024

The Australian Bureau of Statistics reported that, in the first three quarters of 2023, household spending on services increased by 9.6 The net result is that finances in the average household went backwards all year, to the point where savings are now at near 16-year lows of just 1.1 per cent but was flat for goods (-0.1

Beauty and Health 130

Beauty and Health Payment Services Consumer Fashion 130

Retail Minded

APRIL 15, 2021

With a saturated market, you may wonder how to set your business apart from its competitors. Should you use only organic products for your salon services? Check And Review Your Credit Card Payment Service Options . Have you reviewed your payment processing contract recently? Organize Your Financial Data .

Merchant Services 52

Merchant Services Payment Services ATS Promotions 52

Retail TouchPoints

JANUARY 15, 2021

A low conversion rate means you probably need to go back to your product and cart pages and adjust the copy, user experience, pricing or finance options so people feel more compelled to click “buy.”. Total costs (marketing, packaging, shipping, fulfillment, storage, etc.) / # of orders = cost per order. are factored in.

Payment Services 149

Payment Services Promotions Shipping Planning 149

Retail Minded

DECEMBER 5, 2022

They must thrive by obtaining immediate cash flow support to sustain operational expenses during market fluctuations. This business funding option allows payment utilizing a sales percentage and a small fee. Promotes Better Cash Flow Management. Provides More Flexible Payment Terms. Helps Build Good Credit History.

Merchant Services 52

Merchant Services Payment Services Operating Expenses Promotions 52

Independent Retailer

JANUARY 5, 2023

More ecommerce engagement and transactions should be facilitated through the likes of chatbots, AR/VR, and similar interactive tools. Loyalty will be a low priority for shoppers as they focus on their personal finances. Brands should continue to promote savings to grow and even attract new audiences. Conversational Commerce.

Payment Services 84

Payment Services Wholesale Consumer Finance 84

Retalon

JUNE 18, 2019

Retail Sales Promotion Goals, Examples, and How AI is Optimizing Them. Promotion planning is a constant balancing act. You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. Percent discounts work best when you promote lower-priced products.

Promotions 32

Promotions Markdowns Inventory Management Payment Services 32

365 Retail

JULY 10, 2023

From promoting small and medium-sized businesses to showcasing Amazon-branded products, Prime Day has constantly reinvented itself, keeping shoppers on their toes. Consequently, this year’s promotion could not have come at a better time. This event has not merely expanded in duration, but it has also evolved in nature.

Merchant Services 54

Merchant Services Payment Services Consumer Shopping 54