Retail TouchPoints

DECEMBER 30, 2021

In 2020, consumers spent approximately $630 billion on online shopping, and merchants lost $12 billion to fraud. Consumers in every age bracket are in fraudsters’ sights. Consumers in every age bracket are in fraudsters’ sights. The youngest group of consumers is Generation Z.

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Merchant Services Customer Payment Services Social Media 285

SellBrite

DECEMBER 20, 2019

The ecommerce business is booming and will continue to grow in 2020. But as businesses experiment and try to give consumers what they want, the online retail space is changing rapidly. If you’re looking for ideas to improve and expand your own online retail business, check out what to expect in ecommerce trends in 2020.

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Retail TouchPoints

OCTOBER 29, 2020

It has been widely reported that the Covid-19 pandemic has led to a boom in online retail. Economists are predicting a flat or modest increase in holiday sales compared to 2019, but they expect a big increase in online holiday shopping. Impact on Merchants. Who’s Really Making That Curbside Pickup?

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Shipping Costs Merchant Services Shipping Information 154

Retail TouchPoints

JANUARY 9, 2024

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion. RTP: What are the biggest challenges merchants should be prepared for in 2024 with regard to the supply chain.

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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. Traditional retailers with digital commerce operations compete head-to-head with online retailers for demanding customers.

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Merchant Services Shipping Costs Payments Payment Services 270

Retail TouchPoints

JANUARY 5, 2021

Fraud is a costly problem for merchants, and it’s growing. The cost of fraud to retailers is up 6.6% To avoid a slew of holiday fraud that can raise their chargeback ratio in January, merchants may decide to automatically reject any order that doesn’t meet strict fraud screening criteria. in related costs. in related costs.

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Ecommerce Platforms

DECEMBER 6, 2021

The number of buy now pay later apps continues to increase as demand for financing services increases. In most cases, the installments are usually interest-free, but that depends on the payment plan. Afterpay is a popular buy now pay later service that was founded in 2014. Email and text reminders for payments.

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Merchant Services Payment Services PayPal Banking 104

ROI Revolution

DECEMBER 2, 2020

Published September 14, 2020. Updated December 2, 2020. From the completely unexpected impacts of the coronavirus on ecommerce to the twists and turns of Amazon Prime Day 2020 , this year has introduced a mix of obstacles and opportunities for all brands and retailers. Cyber Week 2020 stats. December 2 update.

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ROI Revolution

JANUARY 5, 2021

Published September 14, 2020. From the completely unexpected impacts of the coronavirus on ecommerce to the twists and turns of Amazon Prime Day 2020 , 2020 introduced a mix of obstacles and opportunities for all brands and retailers. Keep it bookmarked as your go-to resource for 2020 holiday ecommerce news!

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eCommerce Shipping Costs Toys Payments 78

Algopix

MAY 5, 2020

Best B2C marketplaces in 2020 and what can you learn from them? As opposed to Amazon, retailers gain access to user data, enabling them to enhance further engagement with customers. The option of opening up direct interaction between vendors and marketplace consumers is worth considering. . Facebook Marketplace.

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Kibo

FEBRUARY 28, 2022

The 2021 holiday shopping season was historic, in that it was the culmination of two years of accelerated trends, shifting consumer behaviors, and omnichannel shopping realities that have emerged since the start of the pandemic. There was also a sharp increase in retail sales in November compared with previous years.

Merchant Services 62

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RetailMinded

JANUARY 29, 2021

Post-holiday returns are a fact of life for retailers, but this year could be especially difficult with forecasts suggesting record-breaking returns and a 23% increase over the 2020 peak period. Eliminate Friction From The Return Process . Analyze Why You’re Getting Negative Reviews. You can’t win them all.

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Merchant Services Retail Social Media eCommerce 92

Wiser

OCTOBER 2, 2020

What can be done to optimize shelf conditions such as availability, planogram compliance, display compliance, and more? We have answers in this webinar, held on September 25th, 2020, and hosted by the Category Management Association. We have a recording of the webinar below. Wiser Solutions and The Clorox Company Webinar.

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Webinar Consumer Merchant Services Retail 148

Ecommerce Platforms

JANUARY 12, 2021

In an age saturated with convenient online shopping, how would physical stores keep up? Merchants are relying on business software solutions like Oracle NetSuite to build their next-gen stores. Distribution and Retail brands. Financial services. Business Service Automation. Next-Generation Stores. Manufacturing.

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Payment Services Merchant Services Shipping Costs Payments 118

Onilab User Guides

MAY 26, 2020

However, despite the fact that the company is going to end support for Magento 1 after June 2020 (this time it is for real), many entrepreneurs are still not in a hurry to migrate to the newest version. . Due to the challenges the process involves, some entrepreneurs are still in doubt whether it’s worth migrating to Magento 2.

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Magento Definition Payment Services Merchant Services 52

RetailMinded

MARCH 31, 2021

Ecommerce today is booming, catapulting online stores to new heights. E-retail revenues are set to re ach $6.54 trillion by 2022, as more and more retailers and entrepreneurs start moving online. Delivery reliability has created a crisis of confidence amongst some consumers. Online Demand Is Causing Costly Errors

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Merchant Services ACH Shipping Costs Fulfillment 92

RetailMinded

AUGUST 27, 2022

The never-before-seen surge in online shopping. meant retailers were overwhelmed with demand. Locked down consumers, desperate for a. Locked down consumers, desperate for a. Rather than benefit from the surge, retailers suffered – according to data from our sister company, Brightpearl, almost half (46%).

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Shipping Costs eCommerce Retail Merchant Services 98

ESW

MAY 23, 2018

If you’re selling physical products online, you’ll have to face a daunting reality: Most likely, your biggest competitor is Amazon. online retail market share, and 53 percent growth in 2016, Amazon is the undisputed Goliath of eCommerce. Additionally, the brand has built trust with consumers in the U.S.

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eCommerce Shipping Costs Merchant Services Payment Services 79

ecomdash

JULY 3, 2019

Running an online business can be time-consuming, leaving no room to read up on the latest news in ecommerce. European Union’s New Online Payment Directive. The European Union is working to provide more secure payment transactions online with SCA (Strong Customer Authentication). Let us know in the comments!

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Merchant Services eCommerce Payment Services Shipping Costs 60

SellBrite

OCTOBER 16, 2019

Consumers have spent $3.53 trillion worldwide with online merchants so far in 2019, and B2C ecommerce — or business-to-consumer electronic commerce — sales are only expected to increase in coming years. trillion in revenue by 2020, according to business consultant firm Frost & Sullivan. Payment times.

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B2B eCommerce B2C Merchant Services 90

ESW

JUNE 27, 2018

For direct-to-consumer eCommerce brands and customers alike, the globe is getting smaller. Until recently, online retail mostly took place domestically, with the majority of buyers and sellers coming from the same country. Increasingly, consumers are seeking out international brands to find the products that they want.

eCommerce 60

eCommerce Merchant Services Shipping Costs Operations 60

ItemMaster

NOVEMBER 1, 2018

With any and all information that could ever be desired at consumers’ fingertips, the importance of standing out from the crowd rises every day. There are so many new businesses, startups, and eCommerce retailers cropping up that consumers now have the pick of the litter. Give The People What They Want.

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Merchant Services Management eCommerce eCommerce Marketing 26

ROI Revolution

SEPTEMBER 13, 2019

Online Grocery Shoppers Remain a Minority. of consumers said they go online grocery shopping at least once per month including pick-up and delivery. of consumers say they go online grocery shopping at least once per week, which was unchanged from 2017. Why is online grocery shopping seeing such slow growth?

Fashion 60

Fashion Merchant Services Shipping Costs Social Media 60

ChannelAdvisor

JUNE 17, 2022

Thanks to the platform’s powerful algorithm and cultural relevance, TikTok gives brands enormous advertising and selling potential to an audience of consumers ready for the next big thing. . Self-service ads blend into users’ feeds more naturally, while TikTok Ads Manager includes tactics like branded hashtag challenges and filters. .

Social Media 78

Social Media Merchant Services Download Management 78

Korona

AUGUST 17, 2022

Retail point of sale system. Payment processing. Retail location renovations. How Much Does It Cost To Open a Retail Store? Key Cost Points To Consider When Opening a Retail Store. After a downturn in 2020, retail rents increased in 2022. Retail point of sale system. Legal fees.

Shipping Costs 52

Shipping Costs Payment Services Payments Small Business Retail 52

OrderDynamics

SEPTEMBER 27, 2018

In fact, 41% of consumers switched to a new retailer due to personalization, according to Accenture. Not only that, Gartner states that merchants can boost profits by 15% with better personalization. A growing number of merchants are turning to unified commerce and omni-channel for this. of consumers have tried BOPIS.

eCommerce 59

eCommerce Merchant Services Travel Subscription 59

ItemMaster

NOVEMBER 1, 2018

With any and all information that could ever be desired at consumers’ fingertips, the importance of standing out from the crowd rises every day. There are so many new businesses, startups, and eCommerce retailers cropping up that consumers now have the pick of the litter. Give The People What They Want.

Merchant Services 20

Merchant Services Management eCommerce eCommerce Marketing 20

ChannelAdvisor

JUNE 14, 2017

Well, Gateway is the e-commerce industry conference that’s geared to help brands and retailers tap into the China opportunity: a $900 billion market that’s expected to reach $158 billion by 2020. Reaching Chinese online shoppers can be simple. Start the process of selling in China today!

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eCommerce Merchant Services Jewelry B2C 56

Payoneer

JUNE 12, 2023

million new jobs between March 2020 & March 2021 (SBA, 2022). This strategic collaboration enables small businesses to focus on core competencies like marketing, customer service, and brand development. But first, let’s dive into the details of this innovative process.

Small Business Retail 26

Small Business Retail Payment Services Drop Ship Shipping Costs 26

ChannelAdvisor

JUNE 17, 2022

Thanks to the platform’s powerful algorithm and cultural relevance, TikTok gives brands enormous advertising and selling potential to an audience of consumers ready for the next big thing. . Self-service ads blend into users’ feeds more naturally, while TikTok Ads Manager includes tactics like branded hashtag challenges and filters. .

Social Media 52

Social Media Merchant Services Download Management 52

Ecommerce Platforms

MAY 1, 2020

Ecommerce is an unusual breed during these times, seeing as how people need to order products online. Whether you're selling “essentials” like cleaning products or “non-essentials” like consumer drones, you've probably felt some urgency, curiosity, fear, or maybe a combination of them all.

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eCommerce eCommerce Platforms Shopify Small Business Retail 104

Ecommerce Platforms

NOVEMBER 16, 2020

You can also sell pretty much whatever you wish, including physical products, digital products and downloads, services, and even do drop-shipping. All of that starting at the price of $29 / month, or as low as $9 / month if you're okay with not having an online storefront but instead selling via social media and other channels.

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3dcart Volusion eCommerce Platforms BigCommerce 272

Korona

JANUARY 11, 2022

In addition, the customer experience is largely dependent on the service your employees provide. . That’s why it is imperative to know the most common decline codes that your customers may encounter and, instead of losing a sale, help them find a solution to their problem and help them make their payment. retailers in 2020.

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Small Business Retail POS Blog Shipping Costs 52

lateshipment

APRIL 23, 2020

Fraudsters are leveraging the same technology that merchants are using, making it increasingly easy for criminals to scale their operations. There’s a famous saying about scaling that inspires eCommerce retailers and marketers: If you can make one dollar in sales, you can make a million. Hacking Alternative Payment Options.

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Merchant Services Payment Services eCommerce Payments 242

Omnisend

SEPTEMBER 29, 2021

Naturally, every ecommerce merchant wants to avoid product returns whenever possible. However, the reality is that more than ten percent of online retail sales end up being returned, leading to a total of $428 billion in product returns in 2020 alone. . Reactions to product returns vary from merchant to merchant.

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Merchant Services Payment Services Shipping Costs Clothing 148

BigCommerce

MAY 1, 2018

zettabytes to 44 zettabytes (or 44 trillion gigabytes) by 2020. Many brands think access to big data is confined to big retailers that can afford an in-house team or who can afford to buy data from data brokers. Improved control of operational processes (54%). Improve customer service. Customer service.

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Payment Services Merchant Services Improvements eCommerce 412

BigCommerce

OCTOBER 26, 2017

As merchants venture off into new markets, the very first step is almost always around discover: . From marketplaces to social commerce platforms, everything that you need to know as a merchant is right here, right now. How to Sell Online in China. Online retail sales in China reached 5.16 Where do we go?

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Merchant Services eCommerce Shipping Costs Payment Services 218