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People are Talking About RFID Again…Here’s Why

Retail TouchPoints

You’ll likely recall the famous Walmart RFID mandate, announced in 2003 with an effective date of January of 2005. Most large enterprises were already running warehouse management systems that delivered inventory accuracy in excess of 99% (in comparison to stores, which typically ranged between 65%-85%). Let’s start with the costs.

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Ecommerce vs. Retail Packaging: A Tale of Two Boxes

Retail TouchPoints

Ecommerce Packaging Protecting Your Product on its Journey E-commerce packaging focuses on the design and materials used to safeguard products during the shipping process. Excessive packaging can inflate shipping costs and create an environmental burden. Chris Thompson is Senior Marketing Communications Manager for QC Conveyors.

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Sensing, Not Seeing, with Vision AI as Retail’s Crystal Ball for the Future

Retail TouchPoints

For example, on shopping channels with multiple distributors, sellers may be deprioritized on the site for overselling or shipping incorrect items. This ensures that like items are not stored randomly across a warehouse and allows retailers to accurately manage inventory. Vision AI is supporting the retail industry in this way, too.

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How Brands Large and Small are Leaning into the Amazon Effect to Compete

Retail TouchPoints

A business model that was only possible with their unparalleled investment in the systems and shipping, fulfillment and supply chain infrastructure to support it. Since Amazon Prime’s inception 15 years ago, Amazon has only increased the annual membership cost three times — rising from $79 per year in 2005 to $119 in 2018.

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How skydiving and ice baths help this CEO stay energised

Inside Retail

He has witnessed and helped shape the evolution of the industry around the rise of fast shipping, exceptional customer service, and the growing focus on sustainability. When I launched Appliances Online in 2005, online shopping wasn’t commonplace, let alone shopping for a big and bulky item.

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How Advanced Search Helped FastGrowingTrees.com Reach New Heights

Retail TouchPoints

What started in 2005 in the backyard of founder Marc Zboch with that single (albeit highly marketable) product has now expanded into a multi-million-dollar ecommerce business with more than 2,900 SKUs. Leveraging Search Queries to Enhance Merchandising. In this regard, search has also played a key role.

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With Consumers Awash in Subscriptions, Brands Set Sights on Paid Membership

Retail TouchPoints

Costco pioneered the paid membership retail model more than 35 years ago, and Amazon ’s iteration, its Prime membership, launched in 2005, further acclimatizing shoppers to the idea. Top membership programs in the U.S. today (Source: SUBTA Annual Report) The idea isn’t new. Today, both Amazon and Costco have a significant portion of the U.S.

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