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. Bad Bots are Siphoning Profits.

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Merchant Services Payment Services Accounting Checkout 306

Retail TouchPoints

APRIL 29, 2022

On average, it costs $33, or 66%, of the price of a $50 item for retailers to process a return, up from 59% last year, Optoro estimates. . Just last year, total returns accounted for $761 billion in lost sales for U.S. during the returns process. retailers, according to NRF. Free returns alone aren’t enough, though.

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Returns Merchant Services Drop-Shipping Shipping 312

Retail TouchPoints

AUGUST 15, 2022

From signup to login to account changes and reviews, retailers face waves of opportunities to create a digital relationship with a customer. So how do we keep from alienating good customers while still filtering out bad actors taking aim from every angle — including false reviews, fake accounts and more?

Merchant Services 264

Merchant Services Payment Services Accounting Customer Experience 264

Retail TouchPoints

JUNE 17, 2024

Today, marketing programs are more comprehensive and measurable than ever, inclusive of apps, social media accounts, finely tuned promotions, influencer collabs, gift cards and more. In general terms, it is a digital promotion that is activated by using a specific payment card, website or app to make the purchase.

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Merchant Services Promotions Consumer Marketing 264

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. With marketing and advertising costs, discounts, promotions, free shipping, fast deliveries and high returns, leaving money on the digital commerce table isn’t an option.

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Merchant Services Returns Shipping Payment Services 288

Retail TouchPoints

SEPTEMBER 12, 2024

will reveal data on how consumers’ in-store shopping behaviors will change and evolve through Q4, including in-demand categories, top-performing retailers, and the challenges and opportunities that exist for all merchants during the season. In the key grocery category, Placer.ai

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Merchant Services Returns Consumer Planning 306

Retail TouchPoints

APRIL 22, 2022

With the pandemic ushering a wave of traditionally brick-and-mortar merchants online since 2020, the chances of being targeted by scammers is at an all-time high. Throughout all times of the year, retailers use seasonal discounts and special promotions to increase the average purchase size of existing customers and to entice new customers.

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Merchant Services Returns Fulfillment Promotions 278

Retail TouchPoints

SEPTEMBER 28, 2020

Fortunately, not long into the crisis, search behemoth Google paid attention to these companies’ needs, announcing in April that merchants would be able to list products on its Google Shopping platform for free. Here’s how you can make the most of the service. of all clicks. Adding Products to Google Shopping.

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Shopping Merchant Services Accessories Drop-Shipping 252

Inside Retail

JUNE 29, 2022

But the payment method is already truly embedded in the digital economy and is not going anywhere, even if it is regulated. Let’s look at the conditions that were so favourable to this payment method, the inevitable regulations and consumer and media response. BNPL is disrupting credit and driving competition.

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Merchant Services Payment Services Finance Consumer 130

Retail TouchPoints

JULY 22, 2021

is much more than just Chinese Prime Day : There is no real American equivalent to the Chinese shopping festival in terms of both pageantry and scale, so a region-specific strategy is a must; Promotions alone won’t cut it : 11.11 is a little bit more promotion driven, so you have to have really sharp prices to move units.

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Merchant Services Consumer Shopping Accounting 328

Inside Retail

SEPTEMBER 3, 2024

Technological advancements over the past decade revolutionised the way consumers pay for goods and services. Phones and smartwatches are now regularly used to make payments, more recently complemented by such emerging options as buy-now-pay-later and cryptocurrencies. This happens across all payment methods.

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Merchant Services Payment Services Consumer Promotions 147

Retail TouchPoints

JULY 2, 2024

The platform now features more than 100,000 brands from 100 + countries, and in September 2023, ecommerce vanguard Shopify took a stake in the company and made Faire the recommended wholesale marketplace for its millions of merchants. The innovation that we at Faire brought to the market was offering free returns and net-60 payment terms.

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Wholesale Merchant Services Marketing Payment Services 264

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., Stressed Consumers Spread Out Spending with BNPL.

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Consumer Merchant Services Payment Services Drop-Shipping 264

Retail TouchPoints

JULY 25, 2024

In fact, a 2023 report estimated the size of the gamification market as more than $10 billion, with the retail industry accounting for nearly a third of that market. Kyle Clark is an SVP, Merchant Loyalty at Mastercard. And once you know how you should optimize, AI can help you scale those tactics for success.

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Merchant Services Consumer Accounting Promotions 278

Secure Retail

SEPTEMBER 30, 2024

PCI Data Security Standard (PCI DSS) is the highest industry security certification that provides a baseline of technical and operational requirements designed to protect account data. This version furthers the protection of payment data with new controls to address sophisticated cyber attacks. Promote security as a continuous process.

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Merchant Services Payment Services Accounting Location 59

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. Below, we examine reseller tactics and their potential damage to merchants. The merchant-consumer relationship is built on trust. Bots are available to rent.

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Merchant Services Payment Services Drop-Shipping Shipping 162

Store Growers

OCTOBER 30, 2022

Many ecommerce businesses rely on promotions to convince visitors to purchase. But instead of telling visitors about these promotions when they land on your site, why not add them to your Shopping feed? The Google Merchant Center Promotions program allows you to do exactly that. What are Google Merchant Center Promotions?

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Merchant Services Promotions Shipping Advertising 58

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. This means users don’t have to buy web hosting or install software anywhere.

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Merchant Services Payment Services Drop-Shipping Shipping 122

Clover - Retail

OCTOBER 10, 2024

Start planning holiday promotions You’ll be competing for customers with plenty of other retailers during the holiday shopping season. So, run the numbers to see what holiday promotions you may be able to offer during the peak sales season to attract customers to your business. There are many benefits of offering gift cards.

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Merchant Services Promotions Inventory Management Payment Services 110

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. Scarlet provides tools to help account holders build healthy financial habits, earn rewards, and save on future purchases. 24/7 customer service.

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Accounting Merchant Services Payment Services Promotions 52

Independent Retailer

FEBRUARY 8, 2022

Katz, founder and CEO of National Retail Solutions, “Small, independent merchants struggle on small budgets to keep up with big-box stores. Integrated Credit Card Processing. Integrated credit card processing offers safety and compliance and saves time in accounting reconciliation. According to Elie Y.

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Merchant Services Checkout Accounting Promotions 98

Retail TouchPoints

FEBRUARY 14, 2023

in September 2022), it has already become one of the most downloaded apps in the country and, like its predecessors, has also already prompted a slew of complaints to the Better Business Bureau for product quality and customer service issues. In its brief five -month existence (the app launched in the U.S.

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Merchant Services Shopping Marketing Consumer 278

365 Retail

JULY 20, 2022

in 2020, with e-commerce accounting for more than three-quarters of overall retail growth, and 57% of global shoppers’ spend is now online, and this momentum will only continue to drive the retail industry forward. Their glasses and voice assistants would even offer them special promotions crafted specifically for their needs.

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Merchant Services Shopping Customer Retention Department Stores 122

Inside Retail

OCTOBER 21, 2021

James Johnson, director of technology services & strategic accounts, APAC at Shopify, says it is critical for Australian retailers to optimise their product offers and sales channels to make the most of the sales season and seize the opportunity to end a difficult year on a high. Offer gift cards.

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Returns Merchant Services Shipping Payment Services 130

Wiser

OCTOBER 30, 2023

Understanding the dynamics of pricing in the eCommerce landscape is critical for any online merchant. Contrary to popular belief, merchants can secure the Buy Box without necessarily offering the lowest price. The goal is to demonstrate value beyond just price, emphasizing the reliability and quality of your service.

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Merchant Services ATS Fulfillment Accounting 147

Store Growers

APRIL 1, 2022

Having your Google Merchant Center account suspended can be a death sentence for your business. Because if you can’t use Merchant Center, it also means you won’t be able to use Google Shopping. Most of the time, they are also clueless as to why their account got suspended. How To Fix Google Merchant Center Suspensions.

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Merchant Services Accounting Payment Services Advertising 36

Clover - Retail

JUNE 12, 2024

And, be sure to integrate a POS system capable of processing common payment types , like credit and debit cards, quickly and securely. Start a business account Instagram allows you to create an Instagram Shopping account, with marketing tools like product tags and shoppable posts that connect directly to your online store.

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Jewelry Merchant Services Payment Services Accounting 92

Retail TouchPoints

FEBRUARY 21, 2023

As such, these platforms have been investing a lot in creating new ad products that are specifically designed to leverage content on their platforms and drive conversions — from Meta’s slate of Advantage+ AI-powered products to TikTok’s recent updates to its Promote interface.

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Small Biz Trends

JUNE 30, 2023

You can make quick money as a marketing affiliate by recommending great products and services to your readers. Affiliate marketing is a type of advertising in which a firm pays third-party publishers to create traffic or leads to its products and services. Customers: Customers are those who buy products and services.

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Merchant Services Marketing Payment Services Promotions 19

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.

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Merchant Services Payment Services Accounting Customer Experience 52

365 Retail

OCTOBER 9, 2024

Klarna , the AI-powered global payments network and shopping assistant, has released impressive data following the launch of its cashback feature. million in cashback, with participating merchants providing cashback on $98.4 In just six weeks since launching on 15 August, over half a million Klarna shoppers have earned a combined $2.7

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Merchant Services Accounting Promotions Consumer 64

Independent Retailer

NOVEMBER 2, 2021

Crypto Payments Help Deliver a Competitive Advantage. Crypto payments help businesses attract a new customer segment while also lowering payment costs and eliminating fraud chargebacks. There are four main findings based on interviews with four merchants that accept bitcoin and other cryptos.

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Merchant Services Payment Services Shipping Wholesale 105

Inside Retail

SEPTEMBER 26, 2023

“These marketplace dynamics that first emerged from China, or were invented in China, are now dominating the Western world,” said Sharon Gai, the former head of global key accounts at Alibaba and author of “E-commerce Reimagined.” “They don’t know if they can compete.”

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Merchant Services Shipping Consumer Shopping 130

Store Growers

JUNE 3, 2022

Advertisers use Google Merchant Center to connect their product feed to Google Ads. But Google Merchant Center offers a ton of other features on top of that. Advertisers can connect product reviews, and add their promotions with their Shopping Ads, among other things. What are Google Merchant Center Programs?

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Merchant Services Promotions Accounting Shipping 36

Retail TouchPoints

JANUARY 30, 2023

The company is having fun with the process — brand sponsor, pro quarterback Drew Brees, serves as the voice of the skill, “so when you log into the skill is says ‘Hi, welcome to Copper Compression. Additionally, this approach opens up the Alexa ecosystem to all merchants, even those that don’t sell on Amazon.

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Merchant Services Beauty and Health Payment Services Returns 162

Store Growers

JULY 31, 2020

If you’re running a good promotion, you need to tell as many potential customers about it as possible. Enter promotion extensions. This type of ad extension allows you to highlight your sales, promotions, and discounts in your Search Ads. What Is a Promotion Extension? What Do Promotion Extensions Look Like?

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Promotions Accounting Merchant Services Shipping 46

Retail TouchPoints

AUGUST 30, 2024

With over 4,400 locations across North America, the salon chain lacked the tools necessary to properly track offer usage and redemption, making it vulnerable to fraud and unable to measure promotion performance. A New Era of Personalization With these interconnected systems, brands can now more easily track data and personalize promotions.

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Merchant Services Consumer Customer Retention Promotions 138