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4 Back-of-the-Office Opportunities to Lift Recommerce’s Profitability

Retail TouchPoints

Recommerce, the online selling of previously owned items to buyers who reuse, recycle or resell them, is growing 11 times faster than traditional retail and is expected to reach $84 billion by 2030. Opportunity #1: Cost-efficient inventory management. Most people agree that recommerce is good for sustainability.

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The Global Reach and Sustainable Impact of Green RFID Technology

Retail TouchPoints

For example, 60% of customers say they would be willing to pay more for a product with sustainable packaging, so it is paramount that businesses stay with the times and account for these shifting consumer preferences. In fact, some even project that the negative impact of this industry will double by 2030.

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How the Fashion Industry Can Pave the Way for a Sustainable Future

Retail TouchPoints

In recent decades, fast fashion became incredibly popular due to its cost efficiency, both for manufacturers and consumers. Today, with technological advancements reaching new heights, the fashion industry is aiming to phase out the use of coal and reach 100% use of electricity through solely renewable sources by 2030.

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Three Areas to Focus on Customer Service in 2022 and Win Online

GetElastic

A headline recently caught my eye, which highlighted the rising cost of delivering an ecommerce experience and how the days of going online for better deals may be shifting as retailers and branded manufactures start to raise prices online to improve margins. Returns/Exchanges.

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Resellers vs. Retailers: How to Handle the Bot Problem

Retail TouchPoints

All of these retailers succeed by building hype around the launch, priming their loyal customers to place their order as soon as the product or service is released. This scenario has become common in recent years, with individuals getting creative to be first in line to resell at an inflated price. Resellers Prey on Loyal Customers.

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Printful vs Gelato: A Quick Comparison

Ecommerce Platforms

until 2030. Founded in 2013, Printful is a dropshipping platform with no set-up costs. It offers 327 products you can customize and sell, including sweatshirts, t-shirts, glassware, hats, posters, etc. Printful takes care of all aspects of order fulfillment, including packing and shipping.

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The Ultimate Guide to Print on Demand Statistics for 2023

Ecommerce Platforms

General Print on Demand Statistics for 2023 Promising minimal risk, excellent sustainability, and low start-up costs, print on demand has grown to be an extremely popular choice for creators around the world. Additionally, the reduction of costs involved in maintaining stock and inventory are big factors. billion by 2030.

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