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5 Ways Retail Businesses Benefit From A Merchant Cash Advance

Retail Minded

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.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

That, of course, is the key to Wish’s business model — by connecting international consumers directly with manufacturers (most of them Chinese, although diversifying the company’s merchant base is one of the company’s key turnaround pillars), customers can get products for dirt cheap. Doubling down on merchants outside of China.

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Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

“Upon close, we expect the new Wish platform will have an improved customer experience through increased product assortment and merchant selection. And for our merchants, we will be able to offer fully integrated logistical capabilities to deliver unmatched cost-efficient services with high quality control and transparency.”

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5 tips every footwear store owner should know

RETAIL MANAGEMENT SOFTWARE

Take time with the fitting process. Shoe sizes are an area where merchants have a lot of room to innovate. Taking time with the fitting process shows you are willing to find the best shoe for them. Customers nowadays shop across various channels; therefore, merchants must sell and communicate with customers across all of them.