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Mejuri Leverages Real-Time Profitability Data to Inform Decision-Making

Retail TouchPoints

SoundCommerce allows us to track the exact impact of these variables on our profitability as we make real-time decisions regarding assortment, promotions, inventory, marketing and fulfillment.” SoundProfit 360 collects and processes revenue and cost data in real time from every system across the enterprise,” explained Best.

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‘Indecision is the hardest part’: Retailers react to Sydney lockdown 2.0

Inside Retail

For retailers with stores and offices in Greater Sydney, the Blue Mountains, Wollongong and the Central Coast of New South Wales, the two-week lockdown announced on Saturday has meant a return to stockpiling behaviour, remote working and potential supply chain disruptions. A lot of people pulled back media spend,” Makejev told Inside Retail.

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3 Mistakes for Brick-and-Mortar Retailers to Avoid

Retail TouchPoints

With COVID-19 infection rates hitting and even exceeding their previous peaks, it is likely we’ll see the return of stricter quarantine orders and accompanying business restrictions on in-store activity. Consumer demand for delivery has grown dramatically since the start of the crisis.

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Four reasons to become a dropship supplier in Australia

Inside Retail

With marketing spending at all-time highs for e-commerce businesses, it pays to know that customer acquisition costs can be virtually non-existent on Dropshipzone. You’re set up for order fulfilment, shipping, delivery and returns. There’s something for everyone and a channel for any product.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

Following its rebranding and major marketing push in August 2022, Wish has pulled back significantly on its marketing spend to, as Liu put it, “focus on achieving target returns on our ad spend. A focused, disciplined advertising approach.

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Wayfair’s Strategy – 7 Compelling Facts You Need to Know

Indigo 9 Digital

As Wired writes : “dropshipping is a ‘fulfilment’ method. Wayfair’s customers who shop infrequently put pressure on marketing spend. Having customers that shop with you on a frequent basis means you don’t have to spend as much time enticing them to come back. As a digital retailer that’s a conundrum you have to solve.

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CX remains top priority for peak trading, but 94% of UK retailers fear the impact of the cost of living on Christmas revenue performance

365 Retail

This was followed by 15% who said keeping the cost of customer acquisition (CAC) down during Peak was a focus and ensuring sufficient fulfilment capacity in their logistics networks to deliver online orders during peak trading days (14%).