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Want to Cut the Cost of Fast Fulfillment? It All Starts with Inventory Placement

Retail TouchPoints

The problems with getting products to people quickly and cheaply are well-known: consumers want fast fulfillment, which is costly to provide, but they don’t want to pay high (or really any) shipping fees. Even Amazon , the trendsetter in fast fulfillment, isn’t immune to higher labor costs. in an interview with Retail TouchPoints.

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Internal Warehouse vs. 3PL: How to Reach the Best Decision for Your Business

Retail TouchPoints

In internal fulfillment, the business handles the complete process of storing, packing and shipping. The company must have a warehouse to keep its inventory, and a logistics team to manage the goods for storing, ordering and shipping directly to stores/distributors or customers.

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How Retailers and Brands can Thrive amid High Inflation

Retail TouchPoints

The big question for brands and retailers is how to increase revenues and efficiency, decrease expenses and make every customer count. When it comes to augmenting the top line, brands should prioritize optimized product discovery and aim to hyperpersonalize the customer journey and transform pre-loved pieces.

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How Gen Z is Disrupting the Fragrance Sector

ESW

billion by 2026. Related Reading: What Beauty Brands Should Know About Choosing a Shipping Provider Fragrance as a Mood Accessory One way Gen Z fragrance shoppers depart from previous generations is in how they see scent. This means shipping is complex and expensive. The rise in demand has a global impact.

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6 Things to Know About Ecommerce Consumers in 2023

ESW

trillion by 2026, making up 27% of all retail sales. According to Morgan Stanley, parts of Southeast Asia and Latin America could experience 17% to 20% ecommerce growth over the next five years. Likewise, technology trends are rapidly changing the customer experience, and many legacy brands are struggling to keep up.

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5 Things for Apparel Brands to Know About the Circular Economy

ESW

Sustainable apparel and luxury have received growing attention as more research about the harmful environmental effects of the industry’s sourcing, manufacturing and shipping practices surface. billion by 2026. To combat these effects, some brands are embracing circular economy strategies.

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How to get started with dropshipping for small businesses

Payoneer

How drop shipping from US suppliers helps small businesses Editor’s Note : This article is a guest post by Devon Funk, a freelancer at Spocket. The dropshipping business model allows entrepreneurs to offer a wide range of products without the burden of managing inventory or complex logistics. There are an estimated 33.2