article thumbnail

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.

article thumbnail

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

Retail TouchPoints

While this is good news for many ecommerce retailers, it has also become more and more expensive to deliver those goods to customers. This presents a dual shipping dilemma for businesses: how can they keep shipping costs on the business low, while also offering customer-friendly return policies? of total retail sales.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Each option has its benefits and disadvantages.

article thumbnail

4 Ways Retailers can Leverage Generative AI to Drive Revenue and Productivity

Retail TouchPoints

trillion in 2026, from $3.3 Automatic price optimization. Inflation and concerns about whether economies around the world are sliding into recession have led to increased price sensitivity among shoppers. Consumers today are continuously looking for the best prices before making a purchase decision.

article thumbnail

Automation: The Driving Force Behind Warehouse Management Growth

Retail TouchPoints

A growing retail and ecommerce business can turn an efficient process into a multi-step nightmare with inaccurate purchasing, order fulfillment and returns processes. According to recent research, the global warehouse automation market is estimated to grow at a CAGR of 14%, reaching $30 billion by 2026. Sophisticated Automation.

article thumbnail

New to Retail: BOPIS Free Shipping

OrderDynamics

New to Retail: BOPIS Free Shipping. If you know anything about retail, you know that BOPIS free shipping isn’t new! In effect, BOPIS is the new free shipping. The last mile delivery is expensive. As an emerging retail trend, BOPIS free shipping is the new free delivery. What is BOPIS Free Shipping?

article thumbnail

How an Omnichannel Approach Can Build a More Diverse Customer Base

365 Retail

Consumers should be able to shop across different channels without experiencing technical hiccups or inconsistencies in service, product availability, pricing and shipping options. Is outsourcing fulfilment the answer? By 2026, it’s estimated that 39.9% of TikTok users will make purchases via the platform.