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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%

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

Retail TouchPoints

Many successful online retailers are choosing to outsource their operations to 3PL provider. trillion by 2026 , we can conclude that most companies are choosing to outsource. How technologically advanced are your operations? 3PLs are usually better equipped with technology meant for warehousing and logistics.

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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6 Things to Know About Ecommerce Consumers in 2023

ESW

trillion by 2026, making up 27% of all retail sales. Likewise, technology trends are rapidly changing the customer experience, and many legacy brands are struggling to keep up. Online retailers should avoid greenwashing, or making misleading claims about the environmental merit of a product or service.

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New to Retail: BOPIS Free Shipping

OrderDynamics

In the coming years, there will be growing shortages with an estimated shortfall of 175,000 truck drivers by 2026 , according to Bob Costello VP of the American Trucking Association. The next question, of course, is how many retailers are ready, with the right technology in place? Just search on Google for driver shortage.

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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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ecommerce in Nigeria – tips for success

Payoneer

. * Only Revenue Generated in Nigeria was Evaluated The rapid growth of ecommerce websites in Nigeria Source: Revenue and projected revenue in billions of USD from 2014 – 2026 In Nigeria, the smartphone segment is expected to generate a revenue of US$9.39 billion in 2023, with a projected annual growth rate of 6.33% (CAGR 2023-2027).