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During the Holidays, Small and Mid-Sized Businesses Feel the Impact of Retail Crime

Retail TouchPoints

Retail crime was a hot topic throughout 2023, and it’s easy to see why. According to the National Retail Security Survey, losses attributed to retail theft rose to $112.1 billion in 2021 — and experts expect this year’s total to continue to rise. Cracking down on retail crime isn’t just about stopping thieves anymore.

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How Mobile Payments Are Taking Over eCommerce

Groove

The United States has seen the largest growth from 29% of users using mobile payments in 2019 to 43% in 2021. They allow the customer to conveniently purchase products and services through encryption technology. Apple Pay, Samsung Pay, and Google Pay are all types of mobile payments that are compatible with NFC technology.

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You Just Experienced your First Chargeback. Now What?

Retail TouchPoints

Concurrently, the summer of 2020 brought the highest number of new business applications in the past 15 years, and this trend has continued, with Americans filing a record 1.4 million applications to start new businesses through September 2021. Let’s unpack the most common fraud challenges and how SMBs can address them.

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How Brands Large and Small are Leaning into the Amazon Effect to Compete

Retail TouchPoints

It’s not just possible but inevitable that retailers can thrive on Amazon and compete with it at the same time. today, meaning that in terms of purchasing power, 2021 Amazon Prime members are only paying ~$10 more per year than they were 15 years ago. Time and time again, history shows that big players have weaknesses.

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Back-to-School Promotions: Find the Right Audience and Sell More in 2021

Korona

This means that retailers need to be prepared so that they can maximize their sales from back-to-school shoppers. Major holidays seem to get all the attention when it comes to retail spending, but back-to-school spending is rather substantial. Expect similar numbers for 2021. It’s that time of year again! Well, almost.

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How To Start a Retail Business: The Ultimate Guide

Korona

In recent years, the retail industry has experienced remarkable growth despite the economic consequences of the COVID-19 crisis. According to the National Retail Federation , the total number of retail locations in the U.S. In addition, during May of 2021, retail sales reached a record high of over $570 billion. .

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eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

between 2021 and 2030. But how does this affect small businesses? Even for small online retailers, it’s important that you’re not too late to the game. Even for small online retailers, it’s important that you’re not too late to the game. What Are The Top Cryptocurrencies To Know ?