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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Retail Focus

SEPTEMBER 17, 2024

In the fast-paced world of retail, staying competitive means more than just offering great products—it’s about maintaining efficient operations, providing excellent customer service, and leveraging the right technology. Streamlining Operations with Efficient Systems In retail, efficiency is key.

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Inside Retail

FEBRUARY 4, 2024

Consumers will be even more selective, payment flexibility and innovation will be vital, and new tools to boost online security will gain momentum. Using promotional codes, cashback offers and rewards and spending more time researching before buying were similarly set to remain persistent trends.

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Retail TouchPoints

DECEMBER 26, 2023

year-over-year increase in both online and in-store retail sales, according to the Mastercard SpendingPulse , which measures sales across all forms of payment and is not adjusted for inflation. As in previous years, ecommerce grew at a faster pace than brick-and-mortar retail, but the latter still accounts for the majority of all sales.

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365 Retail

JUNE 5, 2024

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. It even accounts for seasonal trends, promotions, and supplier lead times. To get started, hiring Kenyatta Computer Services or others should be at the top of your to-do list.

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Retail TouchPoints

APRIL 14, 2023

In recent years, the financial landscape has changed dramatically with new economic challenges making it increasingly difficult for consumers to commit to recurring monthly payments. alone, the use of branded payments solutions has grown by more than 50% in the last five years. The global prepaid cards market was valued at $2.2

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365 Retail

SEPTEMBER 16, 2024

Smart financial planning is essential to navigating these challenges effectively, ensuring smooth operations, and ultimately driving growth. This guide provides actionable strategies to streamline retail operations by setting clear financial priorities, managing cash flow, and optimising resources.

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Retail TouchPoints

AUGUST 31, 2023

Now, the new app is empowering Shopify merchants to offer this seamless payment experience to their customers. After signing into their Amazon accounts, Prime members will pay for their orders using a payment method from their Amazon wallets and Shopify Payments will process the payment through Shopify’s Checkout.

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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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Storis

MAY 31, 2024

Branded credit cards enhance customer loyalty by offering promotional financing incentives to customers as a competitive differentiator. Retailers can earn reoccurring revenue from the interest rate charged on top of monthly payments or outstanding account balances. of the transaction.”

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365 Retail

APRIL 2, 2024

In this guide, we’ll explore why gaming retailers should promote cybersecurity. In some cases, this will be email addresses, phone numbers, and social media accounts. However, it can also include payment data and login credentials for financial accounts. It adds another step to the login process.

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Retail TouchPoints

NOVEMBER 17, 2022

Turns out the country is ripe for the entry of new “super apps” like WeChat and others that are currently widely used in Asia — a single platform that acts as social networking site, messaging tool, payment service, travel and shopping hub and pretty much everything else under the sun. Letting Customers Buy in the App.

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365 Retail

DECEMBER 2, 2022

One of the most important aspects of an eCommerce site nowadays is to make sure that the payment process goes as smoothly as possible. Easy Payments are Hugely Important. The online casino industry can be credited with boosting payment diversity online. Clever Marketing is Also Crucial.

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Clover - Retail

SEPTEMBER 12, 2024

To help you build on great outreaches like these, we’ve compiled a list of fun and creative ideas to help you promote your business, drive foot traffic into your local bookstore, enhance customer loyalty, and boost sales. 10 fun and creative bookstore promotion ideas 1. READ : Low cost marketing ideas for small businesses 3.

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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. Bing accounts for approximately 25% of total monthly search volume in the U.S.,

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Storis

SEPTEMBER 19, 2024

Manufacturers are motivated to offer these perks as they encourage retailers to promote their products and drive sales. This allows inventory operations leaders to effectively monitor rebate performance and make informed decisions to optimize profitability. Vendor receivables represent the amounts owed to the retailer by suppliers.

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Retail TouchPoints

APRIL 6, 2023

The newest generation of artificial intelligence (AI) would seem to be tailor-made for the behind-the-scenes operational complexity of today’s retail organization — and in many ways it is. Everything Comes Back to the Data As promising as AI can be in retail operations, it also carries risks.

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Retail TouchPoints

AUGUST 29, 2023

That’s why the retailer and mobile service provider uses multiple technology solutions to create a personalized shopping experience at scale. Retail TouchPoints: Many consumers begin their purchasing process online but end up in brick-and-mortar stores. How does Verizon facilitate that type of shopper journey?

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Retail TouchPoints

JANUARY 12, 2022

decrease from 2019 primarily driven by the decrease in single-site operators. To account for this rapidly evolving environment, savvy convenience retailers have focused on closing the gap between what consumers expect and what retailers can deliver. Focus on service. Contactless payment options are yet another big opportunity.

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Retail TouchPoints

JANUARY 3, 2023

Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. According to the 2022 State of Bot Mitigation Report , nearly 70% of companies using anti-bot solutions lost revenue to bot-driven account fraud.

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Retail Focus

MAY 29, 2024

In the modern era of digital transactions, payment methods significantly influence consumer behaviour, especially in the realms of retail and gambling. Neteller, a popular e-wallet service, has become a prominent player in this landscape. By simplifying the process, Neteller increases the likelihood of purchase completion by up to 25%.

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Star Miconics

SEPTEMBER 20, 2024

Success in the highly competitive restaurant industry requires more than just providing great food and service. It involves embracing technology to modernize your processes and create a more engaging customer experience. Barcode labels on ingredients can also be scanned in the kitchen to ensure compliance with food safety regulations.

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Retail Minded

MARCH 2, 2022

Some even perform critical tasks to complete the entire retail process. But can Robotic Process Automation (RPA) take retail automation to the next level? The retail industry has been employing RPA to smoothen its operations and gain growth momentum to overcome multiple problems. That’s where robotic process automation can help.

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Small Biz Trends

JUNE 29, 2023

The customer service representative emerges as a pivotal figure, often embodying the company’s image. This article details the specifics of crafting a precise and comprehensive customer service representative job description tailored for a small business environment. Processing payments and refunds.

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Inside Retail

MARCH 12, 2024

Square is revolutionising the way small and medium-sized retailers can manage inventory and payments through a combination of next-generation hardware and custom-built software. Square’s system also allows retailers to accept returns at any location and seamlessly process exchanges. Find out more about Square for Retail here.

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Retail TouchPoints

JANUARY 6, 2023

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. Additionally, one-third of consumer respondents are concerned about making upcoming payments. Promotions can be Effective in this ‘Deal-Seeking’ Environment.

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Storis

SEPTEMBER 20, 2024

When operating an eCommerce website, a common challenge for retailers is shopping cart abandonment. Streamline the Checkout Process Simplifying the checkout process is crucial to reducing friction and keeping customers focused on completing their purchases. This can translate to a significant loss of revenue.

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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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Retail TouchPoints

MARCH 8, 2022

Whereas drivers of gasoline-powered cars can expect to find gas stations prevalent in most areas, those who operate EVs generally have to search considerably harder to find places to charge up. The driver payment process at retailers’ charging stations should be frictionless for shoppers.

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365 Retail

SEPTEMBER 1, 2024

For modern businesses that are increasingly looking to tap into international markets, having the right processes and systems in place before expanding is essential. This not only promotes clear communication, but also shows respect for and mindfulness towards local cultures and customs.

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Retail TouchPoints

AUGUST 24, 2022

A sometimes overlooked advantage of ecommerce is the ability to readily collect relevant customer data and use it to make informed decisions when it comes to inventory, promotions and pricing strategies, as well as pain points that might hinder the purchase journey or lead shoppers to abandon their virtual carts.

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Retail TouchPoints

MAY 21, 2024

In this dynamic environment, making informed, data-driven decisions has become a cornerstone of competitive advantage and operational success. Additionally, network analytics can provide real-time feedback on inventory levels, predict future demand based on historical data and current trends and optimize supply chain operations.

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Retail TouchPoints

FEBRUARY 2, 2024

But it’s something that almost every company operating on the consumer-facing side of retail must undertake. When you’re thinking about a customer from the inside of your organization, you’re taking that customer and putting them into your processes, technologies and applications, and expecting them to conform to you,” she said.

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Retail TouchPoints

OCTOBER 22, 2021

6-Step Process to Build an Ecommerce Website from Scratch. The process of building an online store goes beyond just understanding the market you are about to enter. The process of developing an ecommerce website from scratch consists of the following steps: 1. Follow 3 key design principles. Buy premium web hosting.

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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?

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Cisco Retail

SEPTEMBER 20, 2022

Net Promoter Score – increased NPS scores when customers interact with video enhanced channels. Sales Conversion – increased mortgage business, sales increase in payments/cash management, increased branch account deposits. Cross-Sell/Up-Sell – more in-depth customer conversations from one product discussion to three and more.

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Inside Retail

OCTOBER 16, 2024

In Japan, the summers are usually fairly temperate, but when the country got a real doozy of a hot one this year, its malls became part of the government’s relief operation. Aeon Mall , Japan’s biggest mall operator, offered up its 92 properties as heat evacuation sites. It benefited commercially as a result. billion yen (US$1.5

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