Retail Focus

JANUARY 12, 2023

However, to do that, the system needs to be operable 24/7 throughout the entire year. The ultimate benefits that come with all of that include: reduced operating costs, fewer operator errors, increased sales, . Deciding Which Processes to Automate. The old-fashioned way of doing that was always to have staff available.

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Secure Retail

JUNE 28, 2023

Secure Retail is an established provider of secure and bespoke omnichannel payment solutions, delivering vendor-agnostic payment gateways, hardware, software solutions and associated managed services. The whole process of working with us in Europe is now faster, easier and more cost effective.

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Inside Retail

NOVEMBER 22, 2023

The danger facing the retail sector is year-long and growing, as revealed in the just-released Trustwave Threat Intelligence Briefing: The 2023 Retail Services Sector Threat Landscape. Seasonality: S easonality can make it difficult to maintain security and compliance standards.

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Payment Services Supply Chain Management Accounting Point of Sale 162

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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Inside Retail

OCTOBER 6, 2023

For retailers dealing with global customers and suppliers, the cost of international payments can significantly impact their bottom line. Fees can be charged when settling funds into your processing account, transferring funds to your bank account, and paying suppliers.

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Inside Retail

FEBRUARY 28, 2024

The benefits of global e-commerce expansion are obvious: market diversification, new revenue streams, 24/7 business operations and increased brand awareness. Address local currencies and payments If you want to sell internationally, get cosy with foreign currencies. Consider using Avalara to simplify the end-to-end process here.

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Payment Services Shipping Returns Marketing 147

Retail TouchPoints

NOVEMBER 20, 2023

As the tactics behind these crimes become increasingly sophisticated, and customer expectations for in-store experiences are higher than ever, retailers are finding it more difficult to protect their assets while maintaining great service. Employee Theft Alarmingly, internal theft accounted for nearly one-third of shrink in 2022 (NRF).

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Payment Services Sporting Goods Inventory Management Loss Prevention 307

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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Retail TouchPoints

JANUARY 26, 2022

Merchants in particular had to quickly shift from in-store sales to online and learn how to accept payments digitally. These can all be categorized as customer service-type chargebacks. Today, fraud has accelerated and grown even more sophisticated due to the rise of ecommerce and mobile payments.

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Inside Retail

DECEMBER 1, 2022

With Christmas just around the corner, it’s important to stay vigilant as scams and fraud can happen to any business that accepts debit and credit card payments, and can have a significant financial and reputational impact at this time of year. Tools like 3DSecure can help with these additional security processes.

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Retail TouchPoints

AUGUST 7, 2023

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” The trade-off is long shipping times, another thing Wish is working hard to improve. Reducing shopping and shipping friction.

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Retail TouchPoints

OCTOBER 18, 2023

For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. For retailers with overseas customers, the returns process can be more complex, with potentially more loopholes for returns fraud. Large, multinational crime rings may be behind an attack.

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Retail TouchPoints

FEBRUARY 4, 2021

Before the NotPetya attack rampaged through Europe in 2017, affecting companies including FedEx and shipping giant Maersk, few people would have thought a vulnerability in a piece of accounting software could create such devastation. Critical vulnerabilities can be found in unexpected places. Adopt a zero trust approach.

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Retail TouchPoints

NOVEMBER 4, 2020

Without proper identification of the individuals behind transactions or new account openings, it’s difficult for retailers to tell the difference between good customers and bad actors, and therefore easier for fraudulent activity to slip through. Digital fraud can take many forms, with the most common being account takeover ( 29.8%

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Retail TouchPoints

AUGUST 24, 2022

For brands selling internationally, local tax codes, compliance and support for a variety of currencies are hurdles that can’t be ignored. Today’s online shoppers are looking for customization wherever possible, and that necessitates that ecommerce stores offer a variety of payment and shipping methods.

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Retail TouchPoints

JANUARY 24, 2023

Organizations can create multi-user accounts with up to five users, allowing members of the same company to share payment information, order history and purchasing capabilities. Available products cover categories including office supplies and furniture , food and beverage , restroom , electronics , classroom and facility needs.

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Inside Retail

FEBRUARY 28, 2022

When your shipping needs are complex, we make things simple. To meet the growing needs of their clients during Covid, Merchgirls created a custom pick and pack process that elevated the offering from B2B to B2C on a mass scale. Sustainable shipping and delivery options. Expert shipping services for clients of all sizes.

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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. By entering numerous emails and shipping addresses, the bots can get around traditional fraud detection systems. Resellers’ Operations Slow Retailers’ Progress.

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Retail TouchPoints

MARCH 10, 2023

Retailers often think about the checkout process as if it’s an isolated obstacle separate from the rest of the shopper journey, particularly on mobile devices. If we want to convince them eventually to create an account, how do we make it less painful?” So how can we make that easier?

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Retail TouchPoints

JUNE 23, 2022

Give Back-to-School Shoppers Alternative Payment Options. Regardless of your customers’ age demographic, it’s a smart idea to offer digital wallet payment options at checkout. This alternative form of payment was popular with all age groups in the survey, although the reasons for its popularity seem to vary by generation.

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Payment Services Checkout Drop-Shipping Customer Retention 299

Retail TouchPoints

AUGUST 25, 2021

Before the pandemic, ecommerce accounted for approximately 16% of all retail. A high level of services unique to each customer, delivered with little or no downtime, is what consumers now expect. In online retail, for instance, a microservice might be employed to manage a product catalogue or accept a particular method of payment.

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Retail TouchPoints

DECEMBER 30, 2021

Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. Scammers gather financial account information and government program ID numbers to take over accounts, divert funds and commit identity fraud. K eep bots out of your customers’ accounts and checkout.

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Merchant Services Accounting Payment Services Returns 292

Retail Next

FEBRUARY 11, 2020

Shoppers want their orders the next day, with free shipping whenever possible. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates. Here are some of the most significant retail shipping trends to look for in 2020. And fortunately, the best is still yet to come.

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Retail TouchPoints

MAY 22, 2023

This California-based retailer serves Hispanic communities with a large but carefully curated product selection and a surprisingly wide range of services — wide enough that the company is at least as much a bank as it is a retailer. Curacao wouldn’t exist without both sides of its operations, according to Nerubay.

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Inside Retail

MARCH 17, 2022

It connects, on a centralised and measurable platform, several touchpoints and interactions a customer has with the brand or business: payments, rewards, inventory, delivery options, product return, supply chain, fulfilment options, and more. it operates in silos and unconnected platforms. Endless aisle. True cross-channel loyalty.

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Small Biz Trends

DECEMBER 30, 2021

With the power of the internet and speedy delivery services, you can now start selling clothing online sending them anywhere in the globe. You can also ship items via printable shipping labels directly to the seller and enjoy fast payments. It’s a Huge Market to Sell Clothes Online. The RealReal.

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Retail TouchPoints

MARCH 3, 2022

That includes frictionless payments and checkout and fast shipping options. Professional fraud rings are shopping with other people’s payment data or loyalty points, so they’re usually not as price-sensitive as customers shopping with their own money. Account takeover fraud trends pose additional risks.

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Inside Retail

MAY 12, 2021

The Covid-19 pandemic has hit the leisure industry hard, but the recovery presents a once-in-a-lifetime chance for leisure service operators to reconsider their business models and seize opportunities to grab wallet share from customers who start to consume leisure services again. Pre-payment . Enhanced benefits .

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Retail TouchPoints

NOVEMBER 4, 2021

A recent report from the payments and shopping service Klarna found that 34% of shoppers actually plan to spend more on gifts this year than last year, with Gen Z ( 57% ) and millennials ( 53% ) more likely than other age groups to expand their budgets. Stressed Consumers Spread Out Spending with BNPL. said Pandya. “

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Inside Retail

DECEMBER 21, 2021

Heartbroken by the disappearance of her cat, Filipino IT specialist and blogger Sophie* decided to use her Facebook Ads account to appeal to anyone in her local area who might have seen it. First, the bank account linked to her card was emptied of around $600. Typically she would spend PHP500-1000 per campaign (US$10-20).

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Retail TouchPoints

JULY 13, 2023

Ashley Hubka, SVP and General Manager of Walmart Business The service formally debuted in January 2023 with a dedicated ecommerce site tailored to the needs of small businesses, including a curated product assortment and navigation features designed with organizational shoppers in mind.

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Small Biz Trends

MAY 18, 2021

This guide will take you through the process of selling on StockX, including how to set up an account and the benefits and drawbacks of selling on StockX. Once a product is sold, you’ll ship the product to StockX to complete an authentication process before it’s sent to the buyer. Making an Account.

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RETAIL MANAGEMENT SOFTWARE

JUNE 26, 2024

Staff Training: Train staff to provide exceptional customer service and utilize technology to assist customers effectively. Efficient and Friendly Customer Service High-quality customer service is vital for a seamless experience. Streamlined Checkout Process A cumbersome checkout process can deter customers.

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Payment Services Shopping Checkout Inventory Management 52

Retail TouchPoints

JANUARY 14, 2022

As a result, Cyber Week 2021 accounted for 23% of total ecommerce spend, down slightly from 24% in 2020. Shipping cutoffs with USPS, UPS, FedEx and others all happened around Dec. Shoppers have been embracing modern technology and services throughout the pandemic, and this trend continued during the holidays. 18 and Dec.

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Small Biz Trends

DECEMBER 9, 2022

On a related financial news makes sure to stay on top of what the Internal Revenue Service (IRS) will demand of you as an employer in 2023 related to the 1099 tax form. SBA Waives Disaster Loan Interest and Payments for First Year. US Postal Service Proposes New Priority Mail Rates for 2023. Small Business News December 9, 2022.

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Retail TouchPoints

AUGUST 29, 2024

Overall, Salesforce predicted that Chinese shopping apps will account for just over one in five ( 21% ) purchases this holiday season. Consumers cite value as their top reason for using these apps, at 58% , far outstripping the second-most-popular reason, fast shipping, at 28%.

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365 Retail

SEPTEMBER 1, 2024

With its network of linked devices, IoT is not only improving retail operations but also altering the customer experience in ways unthinkable a few years ago. IoT in the context of retail refers to a broad spectrum of uses from smart shelves and linked payment systems to tailored consumer interactions and predictive analytics.

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