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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. In contrast, 3PL services oversee the order fulfillment cycle on behalf of the company. Many successful online retailers are choosing to outsource their operations to 3PL provider.

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Building Loyalty Without Breaking the Bottom Line: the Dual Shipping Dilemma for Ecommerce Merchants

Retail TouchPoints

According to Insider , total retail returns were projected to grow 2.2% of total retail sales. That’s a huge volume of returns for retailers big and small, and these predictions show that that figure will likely remain steady through 2026. billion in 2023 — accounting for 8.5%

Insiders

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How an Omnichannel Approach Can Build a More Diverse Customer Base

365 Retail

But what exactly is omnichannel and how can online retailers adapt to meet ever-changing consumer habits? Simply put, omnichannel commerce is a strategic approach to retail that focuses on delivering seamless customer experiences – whether the shopper is buying online from a mobile device, on a computer, or in a physical store.

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What is Order Management? The Enterprise Retailer’s Guide to Processing, Fulfillment, and More

Fabric

According to Insider Intelligence, 24% of retail purchases are expected to take place online by 2026. According to another survey, 85% of online shoppers said that a poor delivery experience would prevent them from ordering from an online retailer again. That’s where modern order management comes into play.

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New to Retail: BOPIS Free Shipping

OrderDynamics

BOPIS free shipping is the alternative to having an order fulfilled through a home/office delivery. Here the customer places that online order but picks up their purchase themselves. From a retailer’s perspective, those with omni-channel services already offer in-store pickup. Target is an omni-channel retail champion.

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2021 Technology Predictions for Retail Industry

iVend

However, innovation didn’t stop evolving, online retail boomed more quickly than ever before and delivery infrastructure became super sophisticated. Here are our predictions on the tech trends that will shape retail in 2021. Cloud-Based POS The hottest trend in POS technology currently is the cloud-based POS.

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The Top Dropshipping Statistics to Know in 2023

Ecommerce Platforms

Dropshipping statistics can offer some useful insights into the world of online retail. Now, it’s expected to achieve a compound annual growth rate (CAGR) of 32% up to 2026. billion by 2026 In North America, electronics account for about 30% of the dropshipping market The print-on-demand market is expected to reach $39.4