Retail TouchPoints

AUGUST 5, 2022

Online fraud cost digital commerce merchants $27 billion in 2021 , so it’s no surprise that retailers have redoubled their focus on eliminating these threats. With marketing and advertising costs, discounts, promotions, free shipping, fast deliveries and high returns, leaving money on the digital commerce table isn’t an option.

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Merchant Services Returns Shipping Payment Services 288

Retail TouchPoints

OCTOBER 6, 2022

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. McNamara spotlighted a surge in promotional activities in July 2022 that marked the official kickoff of the back-to-school season.

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Merchant Services Payment Services Promotions Location 287

Retail TouchPoints

OCTOBER 4, 2021

Flexible Payments Will Gain Further Ground. Flexible payments are continuing to gain steam, particularly among younger generations. A survey by Klarna found that 75% of Gen Z, 76% of millennials and 60% of Gen X are looking for more flexible payment options. Retailers Will Continue Pushing Earlier Promotions ….

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Merchant Services Payment Services Fulfillment Promotions 321

Retail TouchPoints

APRIL 27, 2021

FedEx and Adobe have entered a multi-year collaboration that will begin with the integration of Adobe Commerce with ShopRunner, an ecommerce platform and subsidiary of FedEx Services. The partnership was forged to help retailers better manage their shipping and logistics and allow them to offer an improved last-mile delivery experience.

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Merchant Services Drop-Shipping Payment Services Shipping 147

Retail TouchPoints

JULY 10, 2023

The company says Quin helps shoppers make better and faster decisions throughout their online or in-store journeys — fulfilling any sophisticated shopping request — ranging from finding available product assortments or recipes that match a whole suite of health- or budget-related constraints — to general health and customer service.

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Merchant Services Customer Retention Shipping Marketing 279

Retail TouchPoints

JANUARY 5, 2021

In fact, the impacts of the most unique holiday in decades are still being felt: retailers should plan for continued shipping delays in the short term, and also continue to refine their omnichannel operations as they prepare for the rest of 2021. Contactless Services Can Soothe the Bite of Remote Returns. 11 through Dec. 1 through Dec.

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Drop-Shipping Returns Merchant Services Shipping 311

Retail TouchPoints

NOVEMBER 4, 2021

toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S., Stressed Consumers Spread Out Spending with BNPL.

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Consumer Merchant Services Payment Services Drop-Shipping 264

Retail TouchPoints

NOVEMBER 2, 2021

Customer who sell their luxury products to Fashionphile have the option of receiving payment in the form of a Neiman Marcus gift card and receive a 10% discount on the gift card value. Now, NMG has acquired a minority stake in Fashionphile and plans to open Fashionphile Selling Studios in an additional nine stores over the next nine months.

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Merchant Services Drop-Shipping Accessories Fashion 261

Retail TouchPoints

JANUARY 5, 2023

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. Strategic Discounts. So they expect nothing less from their favorite brands.

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Merchant Services Promotions Consumer Discount Store 290

Retail TouchPoints

MAY 18, 2021

So how can merchants get a piece of the pie? But by employing nine key strategies, merchants of all sizes can run successful subscription programs. To help build this awareness, a merchant should promote its subscription service throughout its site. Free shipping has become expected by many shoppers.

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Merchant Services Shipping Promotions Payment Services 165

Wiser

JULY 27, 2017

Take a guess: what occasion is being advertised by the following promotions from various sources? “Free Shipping. The campaigns surrounding Prime Day are a clear example of the difficulty in scaling promotional monitoring. In other words, be willing to go beyond the traditional holiday-based promotional calendar.

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Merchant Services Promotions Advertising Shipping 88

Retail TouchPoints

SEPTEMBER 8, 2023

At the same time, many retailers are reporting higher and higher shipping costs, which are affecting profits on their balance sheets. As they begin to address these expectations, many retail IT teams are finding that the process is costly and complex. Today, retailers are finding that too many dials makes the process unmanageable.

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Merchant Services Shipping Fulfillment Markdowns 258

Retail TouchPoints

JULY 5, 2022

Then, once basic digital offerings were in place, merchants began to consider how to make these ecommerce advancements permanent in preparation for the “New Normal.”. At the height of the pandemic, standing up services like curbside pickup, BOPIS and a frictionless digital experience quickly was all that mattered.

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Merchant Services Shipping Customer Experience Grocer 323

Retail TouchPoints

JULY 2, 2024

The platform now features more than 100,000 brands from 100 + countries, and in September 2023, ecommerce vanguard Shopify took a stake in the company and made Faire the recommended wholesale marketplace for its millions of merchants. The innovation that we at Faire brought to the market was offering free returns and net-60 payment terms.

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Wholesale Merchant Services Marketing Payment Services 264

Retail TouchPoints

SEPTEMBER 28, 2020

Fortunately, not long into the crisis, search behemoth Google paid attention to these companies’ needs, announcing in April that merchants would be able to list products on its Google Shopping platform for free. Here’s how you can make the most of the service. of all clicks. Adding Products to Google Shopping.

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Shopping Merchant Services Accessories Drop-Shipping 252

Retail TouchPoints

MAY 28, 2024

Google is committed to being the essential place for shoppers and for merchants to find those instant connections and to really help merchants drive a more successful and profitable business,” said Kristen O’Hara, VP of Agency, Platforms and Client Solutions at Google during a GML press briefing.

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Merchant Services Advertising Consumer Marketing 264

Inside Retail

MAY 29, 2024

For most retailers selling online, returns generate their greatest customer service challenges and inevitably drain profitability. Merchants need to anticipate their customers’ expectations – offering options for pickup, drop off, boxless labeless returns – and identify ways to consolidate and reduce costs.”

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Returns Merchant Services Drop-Shipping Shipping 147

Inside Retail

MAY 29, 2024

For most retailers selling online, returns generate their greatest customer service challenges and inevitably drain profitability. Merchants need to anticipate their customers’ expectations – offering options for pickup, drop off, boxless labeless returns – and identify ways to consolidate and reduce costs.”

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Returns Merchant Services Drop-Shipping Shipping 147

Retail TouchPoints

NOVEMBER 3, 2020

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. Keith Jelinek.

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Drop-Shipping Merchant Services Fulfillment Shipping 200

Retail TouchPoints

JUNE 26, 2023

And in 2014, Inditex SA, which owns fast-fashion giant Zara, implemented RFID to effectively track all its products at every step in the process. For example, a customer can scan a 2D barcode on a package of pasta sauce and instantly view ingredients, allergens, recipes and promotions. alongside a large QR code.

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Merchant Services Inventory Management Grocer Customer Experience 279

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. Below, we examine reseller tactics and their potential damage to merchants. The merchant-consumer relationship is built on trust. Bots are available to rent.

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Merchant Services Payment Services Drop-Shipping Shipping 162

Store Growers

OCTOBER 30, 2022

Many ecommerce businesses rely on promotions to convince visitors to purchase. But instead of telling visitors about these promotions when they land on your site, why not add them to your Shopping feed? The Google Merchant Center Promotions program allows you to do exactly that. What are Google Merchant Center Promotions?

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Merchant Services Promotions Shipping Advertising 58

Retail TouchPoints

AUGUST 10, 2020

For example, a CSCO was a function you’d only see in business environments where there was a clear inbound raw materials to finished goods process. A CSCO can provide visibility within the supply chain process, as well as designate measurable KPIs to communicate across an entire business. Embracing Technology.

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Merchant Services Customer Experience Returns Fulfillment 191

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. This means users don’t have to buy web hosting or install software anywhere.

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Merchant Services Payment Services Drop-Shipping Shipping 122

Inside Retail

JUNE 30, 2022

Long-time winemaker Shelley Cox has found a cost-effective way to promote and sell brands from her Barossa community. Cox is the founder of Makers & Merchants Barossa, a collective store showcasing the work of local creatives and producers. And I decided we could do the same for local makers and merchants.”.

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Merchant Services Shopping Shipping Promotions 130

Inside Retail

JUNE 30, 2022

Long-time winemaker Shelley Cox has found a cost-effective way to promote and sell brands from her Barossa community. Cox is the founder of Makers & Merchants Barossa, a collective store showcasing the work of local creatives and producers. And I decided we could do the same for local makers and merchants.”.

Merchant Services 130

Merchant Services Shopping Shipping Promotions 130

Clover - Retail

OCTOBER 10, 2024

Start planning holiday promotions You’ll be competing for customers with plenty of other retailers during the holiday shopping season. So, run the numbers to see what holiday promotions you may be able to offer during the peak sales season to attract customers to your business. There are many benefits of offering gift cards.

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Merchant Services Promotions Inventory Management Payment Services 110

Retail TouchPoints

JUNE 11, 2020

International trade will continue to see disruptions as trade wars continue to rage; international container ships are stalled as crews with coronavirus outbreaks are quarantined; and virus outbreak hotspots disrupt entire domestic industries such as meat processing.

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Management Merchant Services Promotions Marketing 182

Inside Retail

OCTOBER 21, 2021

James Johnson, director of technology services & strategic accounts, APAC at Shopify, says it is critical for Australian retailers to optimise their product offers and sales channels to make the most of the sales season and seize the opportunity to end a difficult year on a high. Offer gift cards. Determine your conversion rates.

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Returns Merchant Services Shipping Payment Services 130

Independent Retailer

NOVEMBER 2, 2021

Crypto Payments Help Deliver a Competitive Advantage. Crypto payments help businesses attract a new customer segment while also lowering payment costs and eliminating fraud chargebacks. There are four main findings based on interviews with four merchants that accept bitcoin and other cryptos.

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Merchant Services Payment Services Shipping Wholesale 105

Retail TouchPoints

AUGUST 24, 2023

Just as with finding the right content strategy, setting up the company’s TikTok Shop was a process of trial and error: “There was some blood, sweat and even a few tears behind getting set up and figuring it out, but once we did, we were off to the races,” recalled Parkhurst. “We Either way it’s good for us.

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Shopping Merchant Services Fulfillment Social Commerce 244

Retail TouchPoints

NOVEMBER 14, 2022

was to enhance certainty for our merchants’ operations,” said Chui Xue, President of Industry Development and Operation Center of Taobao and Tmall at Alibaba Group in a statement. “We Alibaba has partnered with international retailers to bring them onboard, and these types of strong partnerships are key to success in China.

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Merchant Services Jewelry Shopping Shipping 147

Inside Retail

SEPTEMBER 26, 2023

In much of the rest of the world, meanwhile, from Southeast Asia to North America and Europe, consumers are in the thrall of fast-growing platforms, like PDD Holdings’ Temu and Bytedance-owned TikTok Shop , which ship cheap goods from China at a time when cost-of-living is front of mind for many.

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Merchant Services Shipping Consumer Shopping 130

Wiser

OCTOBER 30, 2023

Understanding the dynamics of pricing in the eCommerce landscape is critical for any online merchant. Contrary to popular belief, merchants can secure the Buy Box without necessarily offering the lowest price. The goal is to demonstrate value beyond just price, emphasizing the reliability and quality of your service.

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Merchant Services ATS Fulfillment Accounting 147

Inside Retail

JANUARY 21, 2024

or 12.12, people are anticipating better promotions from vendors. In the case of the iPhone promotion in China, she observed that price cuts are happening all over APAC too. “In Kaur believes that vendors want to lock in purchases with pre-order promotions and bundling promotions too.

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Marketing Drop-Shipping Promotions Merchant Services 130

Retail Gazette

OCTOBER 24, 2023

The San Francisco-based platform shipped its vast array of discounted products straight from their factories. “[The This included launching an invite-only merchant programme, adjusting its supply chain to make its famously slow delivery faster, and boosting the customer shopping experience.

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Drop-Shipping Merchant Services Shipping Planning 116

Small Biz Trends

DECEMBER 5, 2022

Don’t forget to research shipping costs, since it saves no money to find a slightly lower price at a retailer if you pay even more for shipping your order. Plus, Amazon Prime members receive free 2-day shipping on most purchases. Customers also benefit from free shipping on qualifying orders. Office Furniture 2Go.

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Shipping Merchant Services Accessories Shopping 111