Retail TouchPoints

JUNE 10, 2022

It begins at the enterprise level by making the commitment to tackle these cost increases from suppliers and make some significant changes to the way merchants approach supplier negotiations and how they make their assortment decisions. Next, retailers need to standardize the intake process. How can retailers tackle these challenges?

Merchant Services 258

Merchant Services Promotions Wholesale Finance 258

Retail TouchPoints

JULY 30, 2020

Retail, Wholesale and Distribution leader in an interview with Retail TouchPoints. However, what was interesting is the amount of money that’s going to be spent on things like subscriptions for educational services. The move from school supplies and apparel to hardware and computers wasn’t at all surprising to us,” Sides explained.

Merchant Services 315

Merchant Services Advertising Apparel Consumer 315

Retail TouchPoints

DECEMBER 3, 2021

Technological innovations have optimized and enhanced almost all areas of the retail organization, from marketing to fulfillment, but the process of bringing products to market has been markedly slower to advance. But these legacy processes don’t work as well as they once did, and COVID made that fact hard to ignore. “A

Consumer 264

Consumer Merchant Services Planning Marketing 264

Independent Retailer

JANUARY 17, 2023

The wholesale product manufacturer creates, packages, and ships the product out to your customer for you, making this a low maintenance business model. The dropshipping company is paid for the merchandise, and retailers collect payment from the shopper, adding a healthy profit margin. Orders can be processed in a few clicks, too.

Wholesale 81

Wholesale Merchant Services Drop-Shipping Payment Services 81

Retail TouchPoints

DECEMBER 6, 2023

The competition to attract sellers has reached a boiling point, and it couldn’t come at a better time for these merchants, which for years have struggled with the rising cost of doing business on the main U.S. They want to make sure they don’t just have the wholesale business, but also the seller business.” marketplaces.

Merchant Services 278

Merchant Services Wholesale Fulfillment Advertising 278

Inside Retail

MAY 29, 2023

Joined by his management team, McMillon met with suppliers, merchants, grantees, artisans and MSMEs (micro and small to medium enterprises) across the company’s programs, such as Walmart Sourcing, Walmart Vriddhi, Flipkart, PhonePe, Walmart Marketplace, Walmart Global Tech In India and Walmart Foundation.

Merchant Services 130

Merchant Services Payment Services Wholesale Fulfillment 130

Retail Minded

APRIL 3, 2022

A new study revealed: Social media marketing (32%), e-commerce software (31%), email marketing (29%), retail operations (26%) and online payments (24%) score highly. Investment behind the ‘buy button’ into retail operations (26%) and online payments (24%) also score highly on merchants’ wish lists. Customer service (28%).

Merchant Services 83

Merchant Services Payment Services Inventory Management Wholesale 83

Retail TouchPoints

MAY 12, 2021

Its wholesale sales had dried up and its retail stores were forced to close in early lockdowns. Already having mastered a multichannel strategy pre-pandemic, during the lockdown it extended its multichannel capabilities to sales and customer service. It really had no choice, its executives told Forbes.

Jewelry 269

Jewelry Merchant Services Customer Experience Wholesale 269

365 Retail

SEPTEMBER 27, 2023

Faire , the B2B retail marketplace, has today announced a new global partnership with Shopify that establishes Faire as the recommended wholesale marketplace for Shopify, which powers millions of merchants around the world. We’re thrilled to join forces to make commerce better for independent businesses.”

Wholesale 64

Wholesale Merchant Services Point of Sale Management 64

Retail Bound

APRIL 13, 2024

From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked. Drop Shipping Model Drop shipping is where a retailer markets a product, collects payment from the customer, and then orders the item from a supplier/wholesaler.

Drop-Shipping 98

Drop-Shipping Shipping Merchant Services Payment Services 98

Retail TouchPoints

MARCH 18, 2022

A logical next step is for merchants to educate themselves about the sustainability of the brands and items they sell, particularly in the apparel space. To guide these consumers — and perhaps raise the green consciousness of others — retailers should certainly publicize their own sustainability efforts.

Apparel 312

Apparel Consumer Merchant Services Jewelry 312

Retail TouchPoints

MARCH 24, 2023

The list, which changes nearly every day, now includes everyone from platforms like Shopify ; multi-category merchants like Macy’s , BJ’s Wholesale Club and Lord & Taylor ; category specialists like Best Buy and HelloFresh ; and even commerce intermediaries like Instacart and Uber.

Advertising 295

Advertising Wholesale Merchant Services Marketing 295

Retail TouchPoints

DECEMBER 20, 2023

Results from Retail TouchPoints’ 2023 Store Operations Survey revealed that merchants’ top store operations challenges for 2023 were tied to employee hiring and retention ( 70% ), responding to high employee turnover ( 67% ) and employee training and engagement ( 56% ). Why it Matters: In 2023, we saw employee turnover reach record highs.

Advertising 264

Advertising Store Operations Merchant Services Wholesale 264

365 Retail

APRIL 4, 2024

Providing excellent customer service, whether you’re working within a B2B or B2C focussed industry remains paramount for successful business growth and retention. For distributers and wholesalers, the emergence of multichannel business access points necessitates price transparency, and price equity.

Wholesale 59

Wholesale Merchant Services Net Profit Planning 59

Independent Retailer

DECEMBER 20, 2022

As companies try to get tighter control over the flow of goods from factories to consumers, Amazon recently launched a supply-chain management service to its web services business. . A Guide to Selling Wholesale Products on Amazon. How to Get Started. Their homegrown tool harnesses Amazon’s own expertise and data.

Supply Chain Management 83

Supply Chain Management Merchant Services Management Wholesale 83

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. It’s a different approach and a different thought process.

Drop-Shipping 198

Drop-Shipping Merchant Services Fulfillment Shipping 198

Retail TouchPoints

MARCH 7, 2022

I used to always talk about how retail can often be laggards with new technology,” said Tom Litchford, Head of Worldwide Business Development for Retail at Amazon Web Services in an interview with Retail TouchPoints. That’s not to say that retailers and brands should be writing off these concepts altogether — far from it. “I

Merchant Services 264

Merchant Services Fashion Wholesale Consumer 264

Retail TouchPoints

NOVEMBER 4, 2021

Add in the facility to interact and take payments and the store becomes the stage upon which you can act out your favorite scenes. As ‘lead storyteller,’ Hook’s role covers brand, corporate communications and PR, as he seeks to demystify complex technology for merchants looking for simple solutions to support scale.

Merchant Services 147

Merchant Services Payment Services Wholesale Management 147

Retail TouchPoints

AUGUST 24, 2023

That’s saying something when you consider that the company has decades-long wholesale relationships with major retailers like Target , Walmart and Walgreens , as well as its own storefront on Amazon. “ He also said that TikTok “have been really great partners” throughout the process as he and his team encounter challenges or have feedback.

Shopping 244

Shopping Merchant Services Fulfillment Social Commerce 244

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.

Merchant Services 100

Merchant Services Payment Services Shipping Wholesale 100

Retail Times

MARCH 22, 2021

From finding the right vendors to crafting mutually-beneficial agreements with them, the pointers below should give you some ideas that you can apply in your supplier management processes. In retail, this typically involves dealing with your manufacturers, wholesalers, fulfillment partners, and other contractors. Let’s get started.

Management 98

Management Merchant Services Payment Services Wholesale 98

Independent Retailer

AUGUST 24, 2022

Whether you are looking to start a wholesale business , grow your operation, expand into new markets, or add new products, the ability to get a loan can help you to accomplish everything you need to build your company. Wholesale distributors play an important role in the retail supply chain, so it is critical for you to have capital. .

Merchant Services 81

Merchant Services Payment Services Wholesale Finance 81

Retail Minded

NOVEMBER 2, 2021

The behind the scenes battle going on between the two biggest ecommerce platforms in the US – Amazon and Shopify – could have significant implications for merchants. Amazon’s real customer is the end consumer – rather than the merchants that make up its Marketplace business. That moves Shopify into Amazon’s patch.

Merchant Services 52

Merchant Services Fulfillment Shipping Wholesale 52

Clover - Retail

APRIL 18, 2024

Instead, when a customer orders the product, the retailer contacts their manufacturer or wholesale merchant–who keeps inventory of the product on-hand–and has the product shipped directly to the customer. Retailers make a profit by selling the product at a higher price than what manufacturers/wholesale merchants sell it to them for.

Merchant Services 52

Merchant Services Drop-Shipping Payment Services Wholesale 52

Retail Adventures

MAY 23, 2020

Optimize your credit card processing Cash used to be king but during a pandemic no one wants to handle it. Now it’s all about credit cards, debit cards and contactless payment. Credit card processing fees can add up quickly so it makes sense to shop around for a processor that best fits your needs.

Payment Services 78

Payment Services Merchant Services Shipping Boutique 78

Independent Retailer

JANUARY 18, 2023

For both wholesalers and retailers, the ability to offer a wide range of merchandise can be the means to successful sales, especially in today’s economy. Here are some general merchandise wholesale suppliers whose products can make you a profit: Bargain Max, Inc. R&M Wholesale USA. Excellent Customer Service.

Wholesale 81

Wholesale Beauty and Health Payment Services Merchant Services 81

Retail Minded

JUNE 7, 2022

When an SME merchant experiences rapid growth its profit margins might go up – but its back office operations often go into meltdown. Of course, no SME merchant signs up with a traditional ERP and expects it to be cheap – but the data suggest many don’t realize the extent to which ERP costs can far exceed any initial quote. .

Merchant Services 110

Merchant Services Management Wholesale Fulfillment 110

Retail TouchPoints

JULY 19, 2022

After brief stints in wholesale retail and investment banking, Bornstein found her calling when Amazon made its debut in 1996. I absolutely loved it, but I also recognized that we were bandwidth constrained by the process of fundraising — we could only build so fast.

Shopping 246

Shopping Social Commerce Merchant Services Fashion 246

Indigo 9 Digital

APRIL 5, 2022

Merchants on Taobao pay a fee to rank higher within the site’s search engine results, similar to the way Google works. Alibaba does not charge merchants on Taobao listing or transactions fees. Merchants are charged a fee to list on Tmall as well as a sales commission and advertising fees. Source: Statista. AliExpress.

Merchant Services 52

Merchant Services Payment Services Wholesale Advertising 52

Independent Retailer

MARCH 29, 2022

The Gen Zers who are used to engaging through an ever-increasing choice of social apps and digital services are going to keep growing in purchasing power. Mark Hook is the VP, Global Brand, Communications and PR at Brightpearl , a retail-tailored operating system for omnichannel merchants.

Social Commerce 87

Social Commerce Merchant Services Inventory Management Wholesale 87

Small Biz Trends

MAY 31, 2022

So that’s kind of the difference between what they call merchant fulfill and FBA. ” Then, you can follow their step-by-step process. Then you have your regular wholesale business model. Kristin goes on to say that she uses a unique hybrid model that combines the private label concept and wholesale.

Fulfillment 111

Fulfillment Shipping Merchant Services Wholesale 111

Retail Minded

MARCH 31, 2021

As consumers move online, vendors must process increased demand of online orders more quickly – and that can lead to mistakes. Brands that don’t improve their services, run the risk of missing out on one of the biggest digital opportunities in recent years. . Online Demand Is Causing Costly Errors . Spilling The Secret Sauce.

Merchant Services 92

Merchant Services Drop-Shipping Fulfillment Shipping 92

Independent Retailer

DECEMBER 1, 2022

Wholesale Central has gathered all of these top trends from some of the leading experts in the industry just for our readers. Ecommerce businesses will also need to offer mobile-friendly payment options, like Apple Pay, to create a seamless one-click checkout experience. Offer a Wide Range of Payment Options. back to top.

Merchant Services 83

Merchant Services Payment Services Checkout Shopping 83

Independent Retailer

MARCH 10, 2022

As part of this shift, leveraging the power of a multichannel approach will be essential for growth, and that means ecommerce merchants must rethink their sales and distribution channels. . Mark Hook is the VP, Global Brand, Communications and PR at Brightpearl, a retail-tailored operating system for omnichannel merchants.

Merchant Services 79

Merchant Services Wholesale Management Consumer 79

Small Biz Trends

DECEMBER 5, 2022

Instead, find the best supplies at the best prices from a variety of retailers and wholesale stores, depending on who is offering the best deals. At FedEx Office , customers can find many more office supplies than merely the brand’s shipping and printing services. OfficeSupply.com. Orders of $45 or more qualify for free shipping.

Shipping 111

Shipping Merchant Services Accessories Shopping 111

Retail Minded

MARCH 4, 2022

As part of this shift, leveraging the power of a multichannel approach will be essential for growth, and that means e-commerce merchants must rethink their sales and distribution channels. . Contributed by Mark Hook , VP, Global Brand, Communications and PR at Brightpearl, a retail-tailored operating system for omnichannel merchants.

Merchant Services 69

Merchant Services Inventory Management Customer Experience Management 69

Retail Minded

JULY 7, 2022

STIMULATE will connect retailers to industry leading vendors and retail service providers to support the growing demand of sexual wellness products that include lingerie and intimates, pleasure products, bath + personal hygiene, lubricants + grooming, costumes + fetish, fashion accessories, games + gifts, novelty and more.

Merchant Services 98

Merchant Services Beauty and Health Boutique Fashion 98