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The Evolution of E-commerce: Trends Shaping the Future of Online Retail

Retail Focus

Key Features of Mobile Commerce: Mobile-Optimized Websites : Businesses are designing websites with responsive designs to ensure that their online stores are easy to navigate on smartphones and tablets. Increased Efficiency : AI helps retailers optimize stock levels, improving inventory management and reducing costs.

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2024 Predictions and Trends in B2B Ecommerce: Navigating the Digital Evolution

Retail TouchPoints

Despite expectations of a modest economic downturn, this period presents an opportunity for businesses to optimize their operations, improve marketing strategies and enhance their technological infrastructure. These AI applications range from optimizing pricing and inventory management to fraud prevention.

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Holiday Leftovers? Here are 4 Ways Sellers can Minimize Excess Inventory

Retail TouchPoints

In addition, excess inventory can also tie up capital that could be used for other purposes, such as investing in marketing or other growth initiatives. Further, excess inventory can lead to lost revenue because products that are not sold quickly can become obsolete or go out of fashion. Final Takeaway.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

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. Leverage Alternate Revenue Streams to Support Business Growth.

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2021 Technology Predictions for Retail Industry

I Vend

Cloud-based POS systems process and store transaction data online while an on-premise POS system stores data locally on the retailers store server. Growing adoption of cloud-based payment systems for inventory, employee, sales, and customer management in small businesses will boost the market growth.

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How retailers can maximise returns during the upcoming sales season

Inside Retail

“Consumers will expect a frictionless shopping experience and they will expect retailers to offer convenient options such as Click-and-Collect, Buy Now, Pay Later, flexible shipping, easy returns and multiple payment options to make shopping more convenient.”. A 1-per-cent difference can equate to millions of dollars in revenue.

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Omnichannel Retail Strategy: Trends, Benefits, and Customer-Centric Solutions

RETAIL MANAGEMENT SOFTWARE

Omnichannel retailing is a business model that integrates multiple sales channels, including physical stores, e-commerce platforms, mobile apps, and social media, into a unified and seamless customer experience. What is Omnichannel Retailing?