article thumbnail

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

Retail TouchPoints

Mejuri sells through multiple channels, including ecommerce, call center and physical store locations, processing orders for fulfillment across multiple locations and a variety of shipping methods. SoundProfit 360 collects and processes revenue and cost data in real time from every system across the enterprise,” explained Best. “It

Markdowns 246
article thumbnail

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

Retail TouchPoints

The trade-off is long shipping times, another thing Wish is working hard to improve. which Yan said should enable faster shipping times on those products for North American customers. Reducing shopping and shipping friction. The company also is considering offering free shipping on orders above certain spending thresholds.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Brands can Deliver More Value to Shoppers in 2023

Retail TouchPoints

Instead, there is an increasing focus on delivering more value for consumers, which can include other cost-reducing methods such as strategic discounts, targeted shipping offers, and rewards or cashback on purchases. They should also seek out additional publishers that align with the brand and can drive in-market customers effectively.

article thumbnail

How Ecommerce Retailers Can Prepare Now for Back-to-School 2022

Retail TouchPoints

For example, rather than make shoppers type in identical data for their billing and shipping addresses, allow them to check a box if those addresses are the same. One step many retailers can take right away is to eliminate the need for customers to key in the same information more than once.

article thumbnail

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. Make ship happen with Dropshipzone What’s next? You’re set up for order fulfilment, shipping, delivery and returns.

Shipping 130
article thumbnail

How to Make the Most of Free Google Shopping Listings

Retail TouchPoints

With the coronavirus pandemic forcing businesses to shutter their brick-and-mortar outlets and target customers online to simply stay afloat, many have had to drastically increase their digital marketing spend. However, with the crisis decimating so many companies, most don’t have the funds to do so.

Shopping 248
article thumbnail

Why Hello Drinks has ditched the warehouse for the cloud

Inside Retail

Tucker went straight to wholesalers and asked to plug into their warehouses to ship direct to customers and, in effect, turn over more stock for wholesalers at a time when on-premise is struggling. “We It eats into our margin and, more often than not, by the time we sell it we haven’t made anything,” Tucker explained.

Wholesale 130