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Shopify’s Double-Edged Sword: Tackling Accounting Complexities with Automation

Retail TouchPoints

Revenue Recognition Pitfalls in Ecommerce Platforms like Shopify, while instrumental in facilitating online sales, often present financial data that can be misleading for CFOs and finance teams. In addition to non-compliance with GAAP, inaccurate revenue recognition can lead to failed audits and poor business decisions based on skewed data.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” The trade-off is long shipping times, another thing Wish is working hard to improve. Reducing shopping and shipping friction.

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Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty

Retail TouchPoints

Prices have been scaling throughout the entire year, and for the most part, consumers seem to be absorbing those costs. They’re taking these higher prices and factoring that into their purchasing, and instead prioritizing the acquisition of goods.”.

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Best Fulfillment Center in Florida (Tampa)

Ecommerce Platforms

If you intend to ship ecommerce products to Florida, or anywhere in the Southwest region of the United States, it’s best to use a fulfillment center in Florida, or at least within the surrounding area. This allows you to ship anywhere in Florida and get those packages to customers within 1-2 days. Advantages.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Differentiating on product and price has become harder and harder.

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Best Fulfillment Center for Startups

Ecommerce Platforms

But at some point, you’ll want to find a fulfillment provider to offer faster shipping, and to focus on other parts of your business. We’ll explore the locations from each order fulfillment service, along with advantages and fees to expect. Picking a fulfillment service is a tough decision for all startups.

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What is Printful and How Does it Work? (June 2021)

Ecommerce Platforms

One area that keeps popping up is called print-on-demand services, and you can find a wide range of tools online to help you adopt that form of selling. Quite a few apps and services are available for establishing a print-on-demand operation. Where Do Payments Go Through Printful? One of them is called Printful.