Retail TouchPoints

MARCH 31, 2021

Nowhere is that more true than the retail market, which has seen a fundamental shift among consumers in the wake of the pandemic. Online is now the preferred method of shopping. The question is: are retailers ready to handle it? They say you can never go back. A recent survey by McKinsey & Co.

Consumer 315

Consumer Inventory Management Boutique Management 315

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. It’s time to embrace the future of excess inventory.

Inventory Management 149

Inventory Management Apparel Fashion Specialty Store 149

Retail TouchPoints

JUNE 13, 2023

As Houle sets his sights on future growth and innovation, he shares an exclusive look into his priorities and perspectives on the changing retail landscape. Agility in a dynamic market: Another key challenge is ensuring agility in our technology strategy. We need to be ready to adapt quickly and pivot our strategy as necessary.

Customer Experience 225

Customer Experience Inventory Management Marketing Consumer 225

Retalon

FEBRUARY 14, 2024

This pivot focuses on optimizing key areas such as inventory management, refining customer experiences, and predicting sales trends, all leading to an enhanced overall business performance. Retail analytics insights play a pivotal role in strategic decision-making. Personalization emerges as a key player in this narrative.

Inventory Management 41

Inventory Management Management Consumer Marketing 41

Retail Bound

APRIL 13, 2024

Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in. Strategic Considerations: Inventory management becomes paramount. The supplier then ships the product straight to the customer.

Drop-Shipping 98

Drop-Shipping Shipping Merchant Services Payment Services 98

Retalon

FEBRUARY 15, 2024

Retail analytics insights have morphed into a critical tool for decision-makers, striving to foster growth and customer loyalty. Retail analytics insights directly impact sales and customer loyalty by enabling more personalized shopping experiences and efficient inventory management.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Retail Smart Guys

OCTOBER 18, 2022

A tremendous unconstant shift is happening in the retail market, resulting in the formation of smart retail. To understand this evolving marketing landscape, here’s how SMART retailing caused development and impacts in the industry. Automation and AI will speed up redundant tasks, such as inventory management.

Payment Services 52

Payment Services Inventory Management Point of Sale Promotions 52

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Here Are The Ten Emerging Retail Trends We Predict For 2022.

Retail Trends 94

Retail Trends Consumer Payment Services Fulfillment 94

Shopper Motion

DECEMBER 19, 2022

By collecting data on how shoppers move through the store, what products they interact with, and how long they spend in different areas, retailers can gain a deeper understanding of what drives sales and make informed decisions about store layout, product placement , and marketing efforts. Enhanced inventory management.

Store Layout 52

Store Layout Inventory Management Promotions Target Market 52

Retail Next

SEPTEMBER 24, 2019

In today’s world, collecting data and basing decisions on the calculated data is critical to success, especially in the retail market. Shopping trends on special occasions. Recognizing potential threats. Creating a brand positioning strategy, etc. Days and hours on which the store receives most visitors.

Point of Sale 88

Point of Sale Inventory Management Target Market Customer Experience 88

Shopper Motion

DECEMBER 21, 2022

By using sensors, cameras, and other technologies, retailers can gather data on things like foot traffic, dwell time, product interactions, and more. This data can provide valuable insights into customer behavior and help retailers optimize the in-store shopping experience. This can help drive sales and revenue for the retailer.

Store Layout 52

Store Layout Customer Experience Promotions Shopping 52

Inside Retail

MARCH 21, 2024

Last year, retailers were forced to focus on finding ways to mitigate the impact of the cost-of-living crisis on shoppers. We also found that while price remains a major driver of loyalty, a seamless and positive shopping experience is equally important – both online and offline.” The beauty of online shopping is its ease.

Consumer 130

Consumer Dead-Stock Finance Inventory Management 130

Retail Next

FEBRUARY 18, 2020

Keeping track of the latest product trends in the current market will also give you valuable insight into your customers and to what they’re responding well. If you know that your audience loves buying items directly from social media , but hates having to shop in person, then you’ll know where to spend your marketing budget.

Inventory Management 92

Inventory Management Marketing Management Fashion 92

Rain Pros

JULY 27, 2022

An eCommerce website might be able to process orders, accept payments, manage shipping and logistics, and provide customer service. Events over the last few years have pushed the transition to online shopping faster than expected. market share. These include direct instructions like: Shop Now, View All, Learn More, or Sign Up.

Payment Services 52

Payment Services Consumer Accounting Marketing 52

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. Many cope by using generalized approaches for allocation like category-level inventory management.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 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. This balance act can prove to be very tricky. Naturally, there are benefits to be gained on your end, as well.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

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

Retail TouchPoints

OCTOBER 14, 2021

“[Marketers that have thrived during the pandemic] know their old beliefs about customer preferences — and by extension, how they connect with their customers — are less relevant. There’s a huge imbalance going on in retail, and it is a mistake to say that retail is healthy and doing well,” he added.

Marketing 288

Marketing Promotions Consumer Customer Experience 288

I Vend

FEBRUARY 21, 2023

That makes for a substantial global optical retail market, which currently sits at US$ 279.24 Whilst that market did drop off during the pandemic, it is growing strongly again now, fuelled by a combination of an aging population, and time spent on screen increasing the incidence of short and near-sightedness.

Fashion 52

Fashion Inventory Management Management Accessories 52

I Vend

APRIL 22, 2024

Thrift shopping continues to grow in popularity, particularly with millennial and Gen Z shoppers. For retailers, thrift stores have become part of the ‘mainstream’, managed with many of the key disciplines of ‘regular’ retail. But thrift retail also has its own unique characteristics and store performance indicators.

Thrift Store 52

Thrift Store Point of Sale Inventory Management Returns 52

I Vend

NOVEMBER 10, 2021

McKinsey has identified a group of 25 companies who account for 91% of market capitalisation in the retail sector – and two of the top seven are home improvement and hardware retailers. Shopping behaviours changed, with brick and mortar shopping declining, and a big increase in online purchases.

Customer Experience 52

Customer Experience Inventory Management Fulfillment Marketing 52

RETAIL MANAGEMENT SOFTWARE

OCTOBER 3, 2022

Data-driven decision making is no longer optional; it is a necessity for retail. Leading retailers have embraced digital transformation and leveraged the latest business intelligence (BI) capabilities to identify market trends, spot shopping patterns and changes in consumer behavior, and make informed decisions based on valuable insights.

Customer Retention 85

Customer Retention Inventory Management Customer Experience Kiosk 85