Retail TouchPoints

JULY 7, 2020

And Nike maintained top-of-mind focus amidst lockdown in China by promoting its workout app, resulting in an 80% increase in use and a 30% increase in online sales. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. Traditionally, U.S. Traditionally, U.S. And the U.S.

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Merchant Services Payment Services Point of Sale Consumer 187

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

Mass Relators

MARCH 28, 2024

The report, based on a commissioned survey conducted by Forrester Consulting, shows that merchants in the U.S. As digital services become more prevalent in North America and daily life becomes increasingly digitized, cybercriminals find more opportunities to exploit both consumers and businesses. and Canada Edition.

Merchant Services 52

Merchant Services Payment Services Accounting Customer Experience 52

Retail TouchPoints

JUNE 15, 2022

based online sellers” are reportedly participating in the beta test of Buy Direct, but a source told Business Insider that Microsoft hopes the service will drive $25 million in gross merchandising value (GMV) by fiscal 2023, which ends June 30, 2023. At the moment a “ couple hundred U.S.-based

Merchant Services 289

Merchant Services Shopping Payment Services Advertising 289

Retail TouchPoints

MAY 8, 2023

pullback in online spending contributed to a 2% year-over-year drop globally, although growth rates remained higher in smaller markets like the Middle East and Africa, at 21% , and in Latin America, which saw 7% growth. “If And how are you giving them a value-added product or service for being loyal to you?

Merchant Services 215

Merchant Services Payment Services Consumer Outdoor 215

Retail Minded

DECEMBER 5, 2022

They must thrive by obtaining immediate cash flow support to sustain operational expenses during market fluctuations. Therefore, a merchant cash advance is a very practical funding option for many retail businesses. . What Is A Merchant Cash Advance? Learn more about the basics of a merchant cash advance.

Merchant Services 52

Merchant Services Payment Services Operating Expenses Promotions 52

Retail TouchPoints

OCTOBER 6, 2022

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. McNamara spotlighted a surge in promotional activities in July 2022 that marked the official kickoff of the back-to-school season.

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Merchant Services Payment Services Promotions Location 232

Retail TouchPoints

DECEMBER 19, 2022

All of these retailers succeed by building hype around the launch, priming their loyal customers to place their order as soon as the product or service is released. To put this into perspective, Cowen Equity Research has predicted that the sneaker resale market will be worth $30 billion globally by 2030. Bots are available to rent.

Merchant Services 162

Merchant Services Payment Services Drop-Shipping Shipping 162

Retail TouchPoints

JANUARY 3, 2023

This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. Neil Cohen is Chief Marketing Officer at Kasada.

Merchant Services 281

Merchant Services Payment Services Accounting Checkout 281

Retail TouchPoints

MARCH 17, 2022

Walmart is promoting a range of employee benefits and touting advancement opportunities as it works to fill more than 50,000 U.S. Walmart has open positions across multiple segments of the company, including merchants, marketers, pharmacists, optometrists, software engineers, data scientists, distribution, store and club managers.

Merchant Services 239

Merchant Services Payment Services Promotions Management 239

Retail TouchPoints

AUGUST 15, 2022

All the while the abuse economy is stepping up its game with tactics such as engaging services that enable anyone to hire a bot army for contacting consumers, impersonating accounts, retrieving one-time passwords and completing fraudulent transactions. Entire Facebook groups are devoted to buying customer reviews.

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Merchant Services Payment Services Accounting Customer Experience 222

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 303

Merchant Services Payment Services Fulfillment Promotions 303

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., said Pandya. “

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Consumer Merchant Services Payment Services Drop-Shipping 255

Retail TouchPoints

JANUARY 12, 2024

This steady growth is being driven by an increasing number of social media users (expected to reach 5 billion worldwide this year) and the emergence of the “creator economy,” with influencers playing a significant role in promoting and selling products to their audiences. trillion by 2026, more than doubling its current value.

Social Commerce 267

Social Commerce Beauty and Health Advertising Merchant Services 267

Retail TouchPoints

AUGUST 5, 2022

Online fraud cost digital commerce merchants $27 billion in 2021 , so it’s no surprise that retailers have redoubled their focus on eliminating these threats. Traditional retailers with digital commerce operations compete head-to-head with online retailers for demanding customers. Holding on to customers is a high priority.

Merchant Services 237

Merchant Services Returns Shipping Payment Services 237

Inside Retail

DECEMBER 1, 2021

Lockdowns, movement restrictions, and other social-distancing initiatives were promoted as quick fixes, but dragged on. So in one way, government Covid regulations during 2020-21 can be thought of as an act of support for technology companies and a put-down for commercial property operators. billion (+41 per cent).

Merchant Services 130

Merchant Services Payment Services Net Profit Sporting Goods 130

Retail TouchPoints

MAY 18, 2021

However, taking advantage of this growing market isn’t easy, with higher churn rates making it difficult for brands to cover acquisition costs and scale revenues. So how can merchants get a piece of the pie? But by employing nine key strategies, merchants of all sizes can run successful subscription programs. Build Awareness.

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Merchant Services Shipping Promotions Payment Services 149

Retail TouchPoints

NOVEMBER 13, 2023

However, consumers are still spending, the labor market remains tight, and the Adobe Digital Price Index recently posted an overall 40-month low, an encouraging sign for online shoppers: Adobe reported that online prices fell for 11 out of 18 tracked product categories on an annual basis. But there are possible headwinds on the horizon.

Consumer 280

Consumer Merchant Services Sporting Goods Promotions 280

Merchant Marverk

MARCH 19, 2020

Even though their existence is still relatively new, the chances are good that you, as a consumer, have already used a third-party delivery service at some point. However, with so many choices, are certain services better than others? Why Use A Third-Party Delivery Service? How Delivery Services Work For Small Businesses.

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Merchant Services Payment Services Promotions Consumer 65

Independent Retailer

AUGUST 11, 2022

Each step of the ecommerce process, from searching for products to checkout, carries a risk of retailers losing a sale. Having all of the information available on the listings page so they can make informed purchases is an increasing trend that promotes conversions.” Create a Seamless Checkout Process.

Merchant Services 83

Merchant Services Payment Services Checkout Promotions 83

Star Miconics

NOVEMBER 18, 2022

Between the labor shortage, supply-chain issues, and the stock market crash, it’s a wonder how retailers can keep up with consumers at all. The POS is where the payment process begins and ends, and the entire customer experience there must be seamless. Self-Service Kiosks. Mobile Payments. Online Ordering.

Merchant Services 52

Merchant Services Payment Services Kiosk Point of Sale 52

Inside Retail

AUGUST 1, 2022

The e-commerce market is worth more than $100 billion in Indonesia this year, and the e-commerce arms of two superapps – GoTo and Sea – are going head to head for No. million driver partners, who can be quickly toggled between ride-hailing and delivery services. 1 position in the hearts, minds, and wallets of Indonesia’s consumers.

Merchant Services 130

Merchant Services Dead-Stock Payment Services Marketing 130

Independent Retailer

MARCH 17, 2022

New challenges are on the horizon for e-sellers, and Kenny Tsang, Managing Director of PingPong Payments , touches on how online merchants can prepare for the shift in consumer spending and stay afloat. Because of this, it is expected that competition within US ecommerce markets will grow in the coming months.

Merchant Services 52

Merchant Services Payment Services Consumer Checkout 52

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

A1 Retail

SEPTEMBER 8, 2023

When asked about tactics to drive growth, over four in 10 (43 percent) plan to improve customer communications; 38 percent are looking to provide new services, and about a third (32 percent) are set to launch more special offers. Two fifths of respondents (41 percent) cited increasing marketing activity as a priority in the months ahead.

Merchant Services 59

Merchant Services Payment Services Promotions Planning 59

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

Inside Retail

JUNE 9, 2021

A year on from the introduction of payment platform Flypay to Coles Liquor websites, including Liquorland, Vintage Cellars and First Choice Liquor, the digital wallet has now been expanded to grocery shoppers through Coles Online. Coles isn’t the only retailer investing in payments technology. Exciting time’.

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Payment Services Merchant Services Checkout Supermarket 258

Mass Relators

SEPTEMBER 2, 2021

Walgreens and InComm Payments have launched Scarlet, a bank account and debit card powered by Mastercard and issued by MetaBank, and available exclusively at Walgreens. We are proud to bring Scarlet exclusively to Walgreens,” said Stefan Happ, president of InComm Payments. Merchants and Acceptance at Mastercard. “We

Accounting 52

Accounting Merchant Services Payment Services Promotions 52

Store Growers

MAY 29, 2023

In 2016, Google launched a brand-new currency conversion feature that’s been a complete game-changer for merchants worldwide. This feature lets merchants use automatic exchange rates for their target audiences in various locations on a global level and lets them expand their businesses wherever they please.

Merchant Services 36

Merchant Services Shipping Accounting Finance 36

Independent Retailer

NOVEMBER 2, 2021

With only two months left of 2021, retailers should already be looking ahead to the new year for the newest trends, technology, marketing tactics, products, and solutions for improving their business. Crypto Payments Help Deliver a Competitive Advantage. First, up to 40 percent of customers that pay with crypto are new to the merchant.

Merchant Services 96

Merchant Services Payment Services Shipping Wholesale 96

Indigo 9 Digital

JANUARY 17, 2023

Food delivery companies largely sell an undifferentiated service. That’s why you often see promotions from these companies either for lower delivery fees or for a certain percentage off the cost of your order. In the third quarter of 2022 DoorDash paid $446 million in marketing expenses or 35% of revenues.

Merchant Services 116

Merchant Services Payment Services Consumer Promotions 116

Independent Retailer

DECEMBER 1, 2022

Ecommerce businesses will also need to offer mobile-friendly payment options, like Apple Pay, to create a seamless one-click checkout experience. One method to accomplish this is to explore new channels such as real-time communication via SMS text messages, as has already been done for many years in other markets across the globe.

Merchant Services 78

Merchant Services Payment Services Checkout Shopping 78

Inside Retail

FEBRUARY 4, 2024

The Australian e-commerce market is set for a dynamic evolution this year. Consumers will be even more selective, payment flexibility and innovation will be vital, and new tools to boost online security will gain momentum. While more Australians used mobile wallets for payments, adoption was fastest among younger generations.

Merchant Services 264

Merchant Services Payment Services Accounting Consumer 264

Independent Retailer

JANUARY 18, 2023

Consumers are in the market for value, and smart wholesale companies provide independent retailers with product and pricing options that promote high profit margins, stimulate consumer interest, and enable brands to offer goods at bargain prices. Excellent Customer Service. Special Deals. which is good for the U.S. How it Works.

Wholesale 76

Wholesale Beauty and Health Payment Services Merchant Services 76

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

Retail TouchPoints

JANUARY 30, 2023

I love that the name Copper Compression is spoken in people’s homes on their devices — for us, it’s around 1,500 to 1,600 times a month,” said Matthew Mangione, Head of Growth Strategies and Operations at Copper Compression in an interview with Retail TouchPoints. This is Drew Brees,’” explained Mangione.

Merchant Services 162

Merchant Services Beauty and Health Payment Services Returns 162

Retail TouchPoints

NOVEMBER 18, 2021

According to a report from Shopify, merchants see a 250% increase in conversions when using 3D product image models instead of 2D images. The company completely overhauled its mobile app to offer better services, such as an active events calendar, retailer information and a real-time map with parking guidance. Want more proof?

Consumer 237

Consumer Merchant Services Payment Services Advertising 237