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Study: Consumers Warm to Social Commerce, But Payment Mistrust Could Hamper Growth

Retail TouchPoints

The increase in social media usage, combined with a tandem increase in online purchasing, proved to be the push both consumers and brands needed to move into the burgeoning realm of social commerce. Trust Plays a Big Role in Consumers’ Willingness to Shop on Social.

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#TBT: Service Merchandise Was the OG Multi-Channel Shopping Experience

Retail TouchPoints

I have very vivid memories about Service Merchandise , a now-defunct business with a unique ordering process focused on catalog inventory. Service Merchandise was a bit more fun than today’s similar IKEA shopping experience because it carried more than mediocre DIY housewares and furniture. (No Don’t remember it?

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TikTok Shop Officially Debuts in the U.S.

Retail TouchPoints

Photo courtesy of TikTok Shop While the ecommerce functionality has been available to at least some users since late last year, today marks the service’s debut to the wider TikTok community, and to say that both consumers and brands have been eagerly anticipating this development might be an understatement. Digital Service (USDS).

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Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty

Retail TouchPoints

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce. This is causing many Americans to stress this holiday season.”.

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How To Accept ACH Payments For Your Small Business: Everything You Need To Know

Korona

Automated Clearing House (ACH) payments are direct bank transfers of payments between people and businesses. Accepting ACH payments is a great way to offer customers additional convenience. If you already accept credit cards, you will likely be able to accept ACH payments easily. How to accept ACH payments?

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A Small Business Guide to Handling Cross-Border Payments

Korona

The trend also applies to the consumer side. 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. Credit card payments.

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How To Start An Online Business in Canada (2023)

Ecommerce Platforms

How to figure out the best products to sell (and find manufacturers/suppliers) All Canadian businesses begin in the ideation phase, where you must look for gaps in the marketplace and solve the issues that consumers have in certain areas. Instead, seek out products that people want (but don’t necessarily need) with longer lifespans.