Remove Comparison Shopping Remove Markdowns Remove Payment Services
article thumbnail

An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. Payment, return, and exchange policies.

article thumbnail

How to Forecast Demand in Retail (2020)

Retalon

Forecasting is a statistical process that uses existing data to predict future performance. By focusing on demand, retailers can get the right amount of the right products to their stores, cutting costs, improving their sales and profits in the process. And inventory-driven costs extend well beyond payments to your suppliers.