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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. Yet scaling recommerce comes with its own set of operational issues and inefficiencies. Opportunity #2: Better demand forecasting.

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The Global Reach and Sustainable Impact of Green RFID Technology

Retail TouchPoints

In fact, some even project that the negative impact of this industry will double by 2030. Especially in this era of fast fashion, most retail products are produced overseas and shipped thousands of miles to their destination. The solution may be a small but mighty technology that is already developed and in use: RFID chips.

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9+ Best Print on Demand Companies in Europe

Ecommerce Platforms

billion by 2030 , and countless entrepreneurs are getting involved. You can set up your organization with virtually no initial expense, and there aren’t any concerns to worry about when it comes to things like storing products or designing items from scratch. This means running your business is far more cost-effective.

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How Walmart, PepsiCo and Brooks Running are Making Strides in Sustainability

Retail TouchPoints

Individuals and companies are finding that they can apply the lens of sustainability to virtually any part of their operations — from the raw materials used to make products to how those products are packed for shipping to handling the waste that comes from unsold food. and Canada.

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Resellers vs. Retailers: How to Handle the Bot Problem

Retail TouchPoints

This scenario has become common in recent years, with individuals getting creative to be first in line to resell at an inflated price. To put this into perspective, Cowen Equity Research has predicted that the sneaker resale market will be worth $30 billion globally by 2030. Resellers’ Operations Slow Retailers’ Progress.

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Japanese Digital Marketplaces are Hot! What to Know About Setting Up Shop

Retail TouchPoints

Japan’s cross-border ecommerce market is growing as well: today it’s a $2 billion (USD) market, estimated to reach over $5 billion in 2030, and where new opportunities lie for U.S. Japanese consumers are extremely savvy, with purchases based on quality, value, packaging, style, reviews and of course, pricing. and global companies.

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Resale Revs Up: eBay Enhances Refurbished Goods Offering, New Overstock Marketplace Launches

Retail TouchPoints

As product scarcity issues continue to dominate this holiday shopping season, consumers are increasingly turning to resale to get the goods — and platform operators are taking notice. eBay has expanded its refurbished goods offering, where shoppers can find discounted inventory from brands including Apple, Samsung and Dyson.

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