Retail TouchPoints

FEBRUARY 17, 2023

The RealReal will cut operating costs through layoffs and store closures, with plans to eliminate 230 positions, or 7% of its workforce, according to a filing with the Securities and Exchange Commission. million , primarily in severance payments, employee benefits and similar expenses. Revenue for Q3 2022 was $142.7

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Retail TouchPoints

JUNE 23, 2022

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology. Give Back-to-School Shoppers Alternative Payment Options.

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Payment Services eCommerce Payments Retail 304

Retail TouchPoints

MAY 22, 2024

Definitely, but also challenging, not least because of MKM’s unique business model. A National Business Operating Locally MKM operates 125 branch locations across England, Scotland and Wales, each with its own inventory and pricing. Conversion in the last quarter of 2023 was also up 57% from the same quarter in 2022.

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Improvements Payment Services Payments Retail 263

Retail TouchPoints

JANUARY 4, 2024

Consumers responded to steep discounts in key ecommerce categories, including electronics, where discounts peaked at 31% off listed prices (versus 25% in 2022); toys ( 28% versus 34% last year); and apparel ( 24% versus 19% ). of online sales, up from 47% in 2022. November’s sales total of $123.5 billion topped December’s $98.6

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Social Media Payments Payment Services Toys 264

Ecommerce Platforms

SEPTEMBER 1, 2022

A Point of Sale system, or POS, is the solution you use to process payments, manage business functionality, and even track insights in a brick-and-mortar environment. Payment processing: Ensure your point of sale is ready to take payments in a range of different formats, from contactless Apple Pay and Google Pay, to PayPal.

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POS Payment Services lightspeed Payments 197

Retail TouchPoints

APRIL 3, 2023

Retail operations are an increasingly popular target for cybercriminals. The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. The biggest scourge, however, has been retail-sector ransomware attacks, which grew by 67% in 2022.

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Payment Services Payments Retail Operations 300

Kissmetrics

JANUARY 1, 2021

Games as a Service acts as a continuous revenue service for developers, allowing them to break their reliance on the one-time purchase. Games as a Service refers to games that operate without initial purchasing costs and instead, make their profits on subscriptions or in-game purchases. Games as a Service Payment Options.

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Games Payment Services Payments Marketing 264

365 Retail

DECEMBER 2, 2022

The eCommerce industry is still an excellent option for start-up businesses to get into in 2022 and beyond. Mobile eCommerce revenue alone topped $3.56 With the industry being so saturated, business owners that want to succeed need to make sure they do everything they can to win customers over.

Payment Services 98

Payment Services Payments eCommerce Social Media 98

Korona

JANUARY 4, 2023

So retailers, too, need to be prepared to accept payments across borders. And these are mainly found in the process of making cross-border payments. Both businesses and employees have run into problems when trying to complete a cross-border payment. What Are Cross-Border Payments? Credit card payments.

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Payment Services Small Business Retail Payments POS 52

Retail TouchPoints

JANUARY 25, 2024

Proper security is imperative to any business’ bottom line and the integrity of their brand, but how can that be achieved without increasing the burden on the end consumer? Maximized Revenue and Reduced Expenses It’s a simple equation — users who can’t log in, can’t check out. Enter passkeys.

Payment Services 264

Payment Services Cryptography Payments Improvements 264

Retail TouchPoints

OCTOBER 18, 2023

billion in 2022. Signifyd data shows that there was a 35% increase in false claims that an item never arrived in 2022 in Europe, and a 68% increase in false claims about the condition of a product. Online return fraud cost U.S. retailers $22.8 For every $100 in returned merchandise accepted, U.S. retailers lose $10.40

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Payment Services Shipping Costs Payments Shipping 277

Retail TouchPoints

AUGUST 7, 2023

Revenues were down more than expected, decreasing 42% YoY to $78 million ; adjusted EBITDA was in line with expectations but still represented a loss of $66 million in the quarter; and monthly active users were down 48% to 12 million. Approximately 160 of those positions will be in the U.S., A Little Bit of History Repeating?

Shipping Costs 245

Shipping Costs Merchant Services Payment Services Shipping 245

Ecommerce Platforms

AUGUST 12, 2022

Finally, Weebly only allows Square for payment processing, which doesn’t work in all countries. Either way, our list of the best Weebly alternatives in 2022 aims to help you find the perfect fit for your next website project. Like Weebly, Shopify offers its own native payment processing methods. Shopify Pricing.

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Payment Services Merchant Services BigCommerce Shopify 104

Ecommerce Platforms

APRIL 4, 2022

The best POS system for small business is a simple, affordable, and reliable tool for managing sales and in-person transactions. A point-of-sale system empowers businesses to take payments from consumers in-store and track the movement of inventory. The Best POS for Small Business. Who is it best for? Further reading ??.

Small Business Retail 104

Small Business Retail POS Payment Services lightspeed 104

Korona

MARCH 28, 2022

Whether you buy into its viability in 2022 or not, it’s becoming clearer every day that crypto is here to stay. Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. Also, processors like Paypal now have crypto gateways accepting many different coins.

Payment Services 52

Payment Services Cryptocurrencies Payments Merchant Services 52

Ecommerce Platforms

AUGUST 13, 2022

We’ve curated a list of the best Webflow alternatives in 2022 to give you a few more options to choose from. Shopify is simple to operate. Shopify charges extra transaction fees if you don’t use its own payment processor. So, if you’re not yet sure about Webflow, read on. Let’s get started! Shopify Pricing.

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BigCommerce Payment Services Shopify Payments 104

Retail TouchPoints

SEPTEMBER 21, 2021

The 15 sessions covered a wide range of topics, so to make it easier to browse we’ve organized the sessions into four categories: Holiday 2021 forecasts and how best to prepare for 2022; Building loyalty with connected consumer experiences; Key ecommerce and digital marketing trends; and Embedding innovation within your retail organization.

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Payments Payment Services Customer Experience Social Media 272

Retail TouchPoints

JANUARY 10, 2023

Launched in April 2022 , Buy with Prime is Amazon’s answer to the growing success (and power) of the third-party merchants that sell on its site. There was some head scratching by people when we announced this,” said Doug Herrington, CEO of Worldwide Amazon Stores at a conference for Amazon sellers in September 2022.

Merchant Services 299

Merchant Services Payment Services BigCommerce Payments 299

Retail TouchPoints

NOVEMBER 3, 2021

Seun Sodipo will take the CFO job in February 2022. Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She also will draw upon prior experience at roles in private equity firms to help the retailer continue scaling its business.

Payments 264

Payments Payment Services Omnichannel Channel 264

Retail TouchPoints

JULY 17, 2023

billion in 2022 and is expected to grow at a CAGR of 28.4% The statistics show that more and more retail businesses are implementing IoT solutions to explore new ways of connecting with customers, boost sales and streamline business operations. from 2023 to 2030. based software development company.

Food and Beverages 246

Food and Beverages Payment Services Retail Payments 246

Ecommerce Platforms

JULY 14, 2022

As mentioned above, though RedBubble and TeeSpring are both tools for print on demand selling, they’re a little different in the way they operate. The payment cycles run from the 15 th to the 15 th of each month. Not a huge selection of payment gateways. PayPal payments available. Redbubble vs TeeSpring: How They Work.

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Shipping Costs Payment Services Shipping Payments 211

Retail TouchPoints

JANUARY 3, 2023

This article reveals effective strategies to safeguard brands’ customers, reputation and revenue moving forward. 2022 saw the fastest pace for inflation in decades. While ecommerce businesses strategize on how to rebound in 2023, there’s another factor impacting margins completely independent of the economy.

Payment Services 306

Payment Services Merchant Services Retail Gifts 306

Retail TouchPoints

MARCH 8, 2022

Whereas drivers of gasoline-powered cars can expect to find gas stations prevalent in most areas, those who operate EVs generally have to search considerably harder to find places to charge up. The driver payment process at retailers’ charging stations should be frictionless for shoppers.

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Presentation Payment Services Retail Download 278

iVend

MARCH 6, 2023

Artificial Intelligence has become embedded into our everyday lives – every time we ask Alexa for the weather, or watch a movie recommendation, what’s actually happening behind the scenes is that a vast neural network is analysing millions of datapoints to give us useable information.

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Payment Services Payments Retail Operations 98

Ecommerce Platforms

JANUARY 13, 2022

They discovered the incredible benefits of selling Photoshop (and all of their other software) as a monthly/yearly subscription instead of a onetime payment product. And those benefits ring true for just about every subscription business: Subscriptions attract more customers. And potential downsides: High operating costs.

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Subscription Shopify Payment Services Merchant Services 104

Retail TouchPoints

APRIL 6, 2022

Mall operator Unibail-Rodamco-Westfield SE (URW) is reportedly looking to divest most of its U.S. malls in 2021, and it sold the 34-acre former site of the Promenade Mall in Los Angeles in March 2022. retail properties by the end of 2023, according to The Wall Street Journal. URW valued its U.S. portfolio at $13.2

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Payment Services Payments Department Stores Operations 278

Groove

OCTOBER 7, 2022

This is easily the most common subscription program type leveraged as of 2022. This business model is highly successful because once brands make an initial investment to create the digital product, each customer translates to recurring revenue with only a minimal service cost. In some cases.

Subscription 195

Subscription Shopify Merchant Services Payment Services 195

Retail TouchPoints

APRIL 13, 2022

Other retailers notice when leading industry players like Walmart or Circle K make a move, so many brands are now likely considering adding crypto payment options and Bitcoin ATMs to their stores. Cryptocurrency ATM operators at first followed many of the same strategies as traditional ATM machine providers.

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Cryptocurrencies Payment Services Retail Payments 274

Ecommerce Platforms

NOVEMBER 2, 2022

With that said, there’s no better time to get into the CBD business, and Shopify is the platform to use! That all may sound like a lot, but it’s rather easy to get CBD-friendly payment processing and merchant accounts if you’re in the US. Getting a CBD-friendly Merchant Account. Can I Sell CBD on Shopify?

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Merchant Services Payment Services Shopify Payments 38

ESW

SEPTEMBER 25, 2023

“At ESW, our core mission is to facilitate seamless DTC access to brands seeking to find new ways to grow revenue, optimise inventory and improve margins using a cross-border strategy. At DPD we are committed to innovating to offer our clients new opportunities to grow their businesses and add value. billion revenue and delivered 2.1

Payment Services 88

Payment Services eCommerce Payments Shipping Costs 88

Retail TouchPoints

AUGUST 11, 2022

Not to mention consumers love them, with 80% saying they plan to purchase more gift cards in 2022. The chore of staying aware, interpreting and then adjusting the operational procedures of your gift card program is an enormous burden, especially when internal legal and compliance resources are, and should be, focused on your core business.

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Gifts Payment Services Payments Multi-channel 277

lateshipment

AUGUST 17, 2023

Recent research shows that the e-commerce return rate, which was 16% in 2022, now falls around somewhere between 20-30%. 92% of shoppers say they will buy again if the return process is easy. By mitigating customers’ anxiety via regular and timely engagement, businesses can reduce return-related customer inquiries by up to 80%.

Management 130

Management eCommerce Payment Services Merchant Services 130

Ecommerce Platforms

OCTOBER 4, 2022

Launched in September 2022, Shopify POS Go is a hardware device from Shopify that expands the functionality of Shopify POS to a handheld device. Here are the Shopify POS Go requirements: You must be a merchant based in the United States Merchants must be eligible for (not necessarily using) Shopify Payments. What is Shopify POS Go?

POS 104

POS Shopify Merchant Services Payment Services 104

365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. In order to maximise ROI and end the year on a high, eCommerce brands and retailers need to avoid common mistakes and leverage these key calendar dates to generate revenue and get 2023 off to a strong start.

Payment Services 59

Payment Services Shipping Costs Merchant Services Order Fulfillment 59

Ecommerce Platforms

JULY 11, 2022

What you need is one of the following best online course platforms of 2022. Monetization model: you set the price tag on your online courses. Monetization model: you set the price tag on your online courses. Monetization model: you set the price tag on your online courses; no transaction fees. But hold your horses ??.

Payments 249

Payments Payment Services Download Beauty and Health 249

Groove

OCTOBER 7, 2022

This is easily the most common subscription program type leveraged as of 2022. This business model is highly successful because once brands make an initial investment to create the digital product, each customer translates to recurring revenue with only a minimal service cost. In some cases. Optimizing Your Subscription Program.

Subscription 195

Subscription Shopify Merchant Services Shipping Costs 195

365 Retail

JULY 5, 2022

The Very Group, operator of multicategory digital retailers Very and Littlewoods, has appointed former president and CEO of Walmart Japan Lionel Desclée as group CEO. He will join on 19 September 2022. Current group CEO Henry Birch will step down on 24 September 2022 after four and a half years in the role.

Payment Services 122

Payment Services Payments Operations Omnichannel 122