Inside Retail

OCTOBER 19, 2021

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. Our data already shows that across the e-commerce landscape, up to 70 per cent of orders that are declined by merchants are made by legitimate customers.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retail TouchPoints

OCTOBER 4, 2021

Flexible Payments Will Gain Further Ground. Flexible payments are continuing to gain steam, particularly among younger generations. A survey by Klarna found that 75% of Gen Z, 76% of millennials and 60% of Gen X are looking for more flexible payment options. Retailers Will Continue Pushing Earlier Promotions ….

Merchant Services 321

Merchant Services Payment Services Fulfillment Promotions 321

Retail TouchPoints

MAY 8, 2023

And how are you giving them a value-added product or service for being loyal to you? Being able to get a promotion saying, “Here’s 10% off if you book your next trip with us,” and the offer is only good for two hours — the ability to do that quickly, and in the moment, in the chat, is very important. What are you doing to nurture them?

Merchant Services 275

Merchant Services Payment Services Consumer Outdoor 275

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

Merchant Services 287

Merchant Services Payment Services Promotions Location 287

Retail TouchPoints

SEPTEMBER 8, 2023

As they begin to address these expectations, many retail IT teams are finding that the process is costly and complex. And although omnichannel fulfillment is growing in importance, they still want to drive offline sales and bring people into the store, while also minimizing the impact of shipping costs on their bottom line.

Merchant Services 258

Merchant Services Shipping Fulfillment Markdowns 258

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. alongside a large QR code.

Merchant Services 279

Merchant Services Inventory Management Grocer Customer Experience 279

Retail TouchPoints

NOVEMBER 4, 2021

toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S., Stressed Consumers Spread Out Spending with BNPL.

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Retail TouchPoints

FEBRUARY 21, 2022

Consumers demand grocers and mass merchants in particular provide these last-mile services, and it’s not without challenges, as over 40% of grocery consumers cite delivery and fulfillment services as key attributes while deciding where to shop in the past year. Embracing sustainable products and practices.

Consumer 313

Consumer Merchant Services Grocer Apparel 313

Mass Relators

JANUARY 31, 2022

president and chief executive officer John Furner this month announced a number of personnel moves, including the promotion of Tom Ward to executive vice president and chief e-commerce officer. Furner announced Ward’s promotion in an internal memo dated January 20. . — Wal­mart U.S. business.”. Ward arrived at Walmart U.S.

Management 52

Management Merchant Services Promotions Fulfillment 52

Retail TouchPoints

JUNE 11, 2020

These changes in shopper habits will extend beyond price sensitivities to encompass continuous shifts in shopper channel and fulfillment preferences, market basket size and composition, and Known Value Items (KVIs). Retailers need immediate insights into how shopper behavior and preferences are changing daily.

Management 182

Management Merchant Services Promotions Fulfillment 182

Wiser

OCTOBER 30, 2023

Understanding the dynamics of pricing in the eCommerce landscape is critical for any online merchant. Contrary to popular belief, merchants can secure the Buy Box without necessarily offering the lowest price. The goal is to demonstrate value beyond just price, emphasizing the reliability and quality of your service.

Merchant Services 147

Merchant Services ATS Fulfillment Accounting 147

Retail TouchPoints

AUGUST 10, 2020

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. A CSCO can provide visibility within the supply chain process, as well as designate measurable KPIs to communicate across an entire business. Embracing Technology.

Merchant Services 191

Merchant Services Customer Experience Returns Fulfillment 191

Retail TouchPoints

AUGUST 24, 2023

Educational Insights first launched its shop in April 2023, and Lee Parkhurst, Senior Brand Manager at the company, said they’ve “been quadrupling our business month over month since.” He also said that TikTok “have been really great partners” throughout the process as he and his team encounter challenges or have feedback.

Shopping 244

Shopping Merchant Services Fulfillment Social Commerce 244

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. Leveraging 3PL services to drive efficiencies is key.

Merchant Services 59

Merchant Services Payment Services Inventory Management Fulfillment 59

Storis

JANUARY 22, 2024

The Potential of Promotions The NRF found deals and promotions were top motivators for a 2% YoY increase in Cyber Week shoppers. Partnerships with local brands and influencers through store-within-store concepts or pop-up events can be strategic ways to cross-promote. Retailers are also offering services within their spaces.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52

Independent Retailer

NOVEMBER 2, 2021

Crypto Payments Help Deliver a Competitive Advantage. Crypto payments help businesses attract a new customer segment while also lowering payment costs and eliminating fraud chargebacks. There are four main findings based on interviews with four merchants that accept bitcoin and other cryptos.

Merchant Services 96

Merchant Services Payment Services Shipping Wholesale 96

Retail Minded

DECEMBER 21, 2022

2023 is an overdue date for merchants to welcome agility into their point of sale, logistics and overall retail operations, yet 2023 will reveal just how important agility truly is. Merchants looking to beat the challenges of supply, inflation and even consumer behavior should lean heavily into technology that leads with agility.

Marketing 52

Marketing Merchant Services Promotions Point of Sale 52

Star Miconics

FEBRUARY 16, 2024

Explore Online Ordering Tech from Star Understanding Social Commerce Social commerce, the process of selling products and services directly through social media platforms, is not just an extension of ecommerce; it’s a new frontier in retail, and still a relatively new one. How QR Codes Can Benefit Your Business 5.

Social Commerce 59

Social Commerce Merchant Services Shopping Consumer 59

Retail Times

MARCH 30, 2021

Many causes of stockouts can be prevented by taking steps to better understand your business and products, and by refining your store’s processes. Such discrepancies can lead to merchants mistakenly thinking that they have an item in stock when they don’t, so they end up re-ordering the wrong products or quantities.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

Independent Retailer

JANUARY 17, 2023

The dropshipping company is paid for the merchandise, and retailers collect payment from the shopper, adding a healthy profit margin. Products can be imported quickly and since you won’t carry inventory, you can start promoting them right away. Orders can be processed in a few clicks, too. Provide Great Customer Service.

Wholesale 76

Wholesale Merchant Services Drop-Shipping Payment Services 76

Retail TouchPoints

FEBRUARY 3, 2023

Supply chain issues, inflation and other economic headwinds that resulted from the COVID-19 pandemic and the Russian invasion of Ukraine are still present for merchants. Have a simple checkout process. Simple and easy checkout processes are needed to seal the deal. Make customer service a priority. Be mobile-friendly.

Merchant Services 286

Merchant Services Payment Services Marketing Drop-Shipping 286

Retalon

AUGUST 2, 2019

Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. Consider the way retailers traditionally forecast fulfillment.

Merchant Services 39

Merchant Services Fulfillment Accounting Markdowns 39

Retalon

JUNE 19, 2017

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. As part of the innovative technology TPS implemented across its supply chain, many of these processes are now automated.

Merchant Services 32

Merchant Services Specialty Retailers Inventory Management Promotions 32

Retalon

JUNE 19, 2017

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. As part of the innovative technology TPS implemented across its supply chain, many of these processes are now automated.

Merchant Services 32

Merchant Services Specialty Retailers Inventory Management Promotions 32

Retalon

JUNE 19, 2017

The Paper Store was selected for this award due to the technological innovation in it’s supply chain including the introduction of Retalon predictive analytics to optimize inventory management and promotions. As part of the innovative technology TPS implemented across its supply chain, many of these processes are now automated.

Merchant Services 32

Merchant Services Specialty Retailers Inventory Management Promotions 32

Retalon

AUGUST 2, 2019

Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). Prices (markdowns, promotions, competitor prices, etc.). Consider the way retailers traditionally forecast fulfillment. POS data (sales, returns, etc.). The result?

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retail Geek

AUGUST 29, 2023

Jason: [8:04] No I was just I was just thinking that they I assume they left it blank because the underwriters were out of practice. There’s also the others you can think of Jason there’s this one.

Merchant Services 52

Merchant Services Grocer Advertising Payment Services 52

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. This means users don’t have to buy web hosting or install software anywhere.

Merchant Services 122

Merchant Services Payment Services Drop-Shipping Shipping 122

Retail TouchPoints

OCTOBER 14, 2020

The 2020 RIA program garnered more than 130 nominations, with this year’s 10 winners representing a diverse variety of retail and CPG brands, spanning a myriad of categories from machine learning and personalization to marketing, sustainability innovation, crisis management and more. Their strategy was to use “supply chain as a weapon.”

Merchant Services 278

Merchant Services Promotions Planning Marketing 278

Wiser

DECEMBER 28, 2018

It opens their brand up to several price brackets in the market, providing quality products and services to the masses. . Flash promotions are sales that only last within a certain timeframe. From in-store banners that say “1-day only,” to emails that promote online-only deals, flash sales tap into a consumer’s sense of urgency. .

Merchant Services 68

Merchant Services Promotions Consumer Fulfillment 68

Retail TouchPoints

NOVEMBER 3, 2020

Retailers, particularly those in the apparel, footwear and soft goods verticals, have an opportunity to turn the lemons from COVID-19 into lemonade, according to Keith Jelinek and Richard Maicki, Managing Directors in the Performance Improvement Practice of Berkeley Research Group (BRG). Keith Jelinek.

Drop-Shipping 200

Drop-Shipping Merchant Services Fulfillment Shipping 200

Retail Geek

JULY 9, 2021

Jeff Bezos steps down Amazon offers it’s multi-channel fulfillment (MCF) to Big Commerce customers. Amazon will you know being quite a bit ahead of Shopify you know then making this ubiquitously available will cause some problems for Shopify the one thing that still gives me pause and we give me pause if I were a merchant.

Shipping 98

Shipping Merchant Services Fulfillment Wholesale 98

Store Growers

MAY 2, 2023

Google Merchant Promotions are a great opportunity for advertisers to have their items stand out in Shopping ads. However, there are also a number of pitfalls that can stop you from arranging a killer promotion, and issues with the promotion id attribute is one of them. Is the Promotion id Attribute Required?

Promotions 36

Promotions Merchant Services Advertising Shipping 36

Retail TouchPoints

NOVEMBER 4, 2021

From social selling platforms such as CommentSold to social media influencers using their platforms to promote and sell products via video, the rise of video selling is understandably hot right now. Add in the facility to interact and take payments and the store becomes the stage upon which you can act out your favorite scenes.

Merchant Services 147

Merchant Services Payment Services Wholesale Management 147

I Love Fashion

JANUARY 19, 2023

Considering the process of wholesale clothing can be divided into 3 categories. Those are- Merchant Wholesalers Brokers or Agents Manufacturer’s Sales and Distribution Let’s have an overview of them. Merchant Wholesalers Merchant wholesalers are also called importers, exporters, supply houses, industrial distributors, etc.

Wholesale 40

Wholesale Merchant Services Fashion Payment Services 40

Retail Geek

SEPTEMBER 27, 2022

Scot: [5:04] And then so then that was your primary thing so then you did you guys realize that you needed to build you look at all the software for shipping and inventory management and build your own and then you, tell the story of that. Pain management we really tried to rely on our.

Merchant Services 52

Merchant Services Checkout Payment Services Drop-Shipping 52