Retail TouchPoints

MAY 18, 2021

In fact, Gartner predicts that by 2023, 75% of DTC businesses will have a subscription offering. However, taking advantage of this growing market isn’t easy, with higher churn rates making it difficult for brands to cover acquisition costs and scale revenues. Involuntary churn occurs when a customer’s payment attempt fails.

Subscription 148

Subscription Payments Merchant Services Shipping Costs 148

Ecommerce Platforms

NOVEMBER 11, 2019

Second, this guide churns out a few examples that could help you kickstart your loyalty scheme. And most of all, a simplified formula to help you measure your loyalty program's overall perfomance. . So let's get started… What’s the point of having a customer loyalty program? . The result?

Customer Loyalty 143

Customer Loyalty Customer Merchant Services Payment Services 143

Retail TouchPoints

JANUARY 25, 2024

Proper security is imperative to any business’ bottom line and the integrity of their brand, but how can that be achieved without increasing the burden on the end consumer? A unique key pair is created for every website, service and app that the consumer needs to access, and is tied to a specific site or application.

Payment Services 233

Payment Services Cryptography Payments Improvements 233

Smile.io

MAY 15, 2024

💡 Key takeaways: - Growing a commerce business involves increasing revenue with increased overhead investments. Scaling a commerce business is increasing revenue without a significant increase in operating costs. to retain customers. to retain customers. has to offer.

Payment Services 53

Payment Services Merchant Services eCommerce Payments 53

Retail TouchPoints

NOVEMBER 11, 2021

Curious about how consumer attitudes and behaviors are evolving? What consumers really want from brands and retailers. EY (Ernst & Young) has been tracking changing consumer sentiments since the onset of COVID-19 and will soon launch its 8 th Future Consumer Index. 16 from 2:15 to 2:45 p.m. 17 from 12 to 12:30 p.m.

Merchant Services 279

Merchant Services Cryptocurrencies Payments Payment Services 279

Kissmetrics

AUGUST 6, 2021

I’ll give you a few good reasons: boosts loyalty helps drive referral marketing increases ROI increases average order value (AOV). Speaking of ROI, research shows that a mere 5 percent increase in customer retention can boost your revenue by over 25 percent, depending on the industry, product, and other factors.

Customer Retention 302

Customer Retention Customer Payment Services BigCommerce 302

ESW

MAY 17, 2023

A growing number of business buyers are digitally native but experience a disconnect between the way they buy personal consumer goods and how they are forced to make business purchases. Brands can and should consumerise B2B experiences and enable online business shopping that’s as easy and convenient as a DTC channel.

B2B 78

B2B Payment Services Consumer Electronics Payments 78

Kissmetrics

DECEMBER 8, 2020

Small businesses have also rushed to Live, creating events and classes to increase revenue. From here, you can bulk upload videos, crosspost to different pages, schedule posts, consolidate engagement, and monetize. Forty-five percent of the revenue from those ads goes to Facebook, while the remaining 55 percent goes to you.

Payments 273

Payments Subscription Events Mobile 273

RTP blog

OCTOBER 30, 2017

Always on the lookout for ways to boost sales, retailers are building partnerships with banks to offer direct-to-consumer loans. These in-house financing offers can build sales and encourage customer loyalty. With financing available, customers may also purchase additional items. People want what you’re selling.

Payments 150

Payments Merchant Services Customer Banking 150

Korona

FEBRUARY 9, 2023

These policies encourage consumers to take a chance on products they would otherwise hesitate to purchase. And while shipping costs reduce the frequency of orders, they are likely to result in fewer returns and a higher profit margin, as customers are not only likely to keep their goods but also to cover the shipping costs themselves.

Improvements 98

Improvements Payment Services POS Payments 98

Retail TouchPoints

AUGUST 15, 2022

Many retailers look only at transaction fraud, and not the total impact of every digital consumer interaction. From signup to login to account changes and reviews, retailers face waves of opportunities to create a digital relationship with a customer. Digital Trust and Safety. Trust is a Two-way Street.

Merchant Services 218

Merchant Services Payment Services Payments Financial Services 218

Retail TouchPoints

DECEMBER 2, 2021

Many businesses have spent the last year shoring up resources for online storefronts in order to meet consumer demand. If this is successful, the attacker can hold the website for ransom, demanding payment (usually in the form of a cryptocurrency such as Bitcoin) from the site owners. Watch Your Payment Systems.

Payment Services 220

Payment Services eCommerce Payments Cryptocurrencies 220

Retail TouchPoints

MARCH 3, 2022

Flash sales can help retailers boost revenue, attract new customers and enhance loyalty with existing customers. Discounts are only part of the reason that flash sales are so popular with customers. That includes frictionless payments and checkout and fast shipping options. Consider that in the U.S.,

Merchant Services 210

Merchant Services Shipping Costs Payments Payment Services 210

BigCommerce

OCTOBER 2, 2017

Instagram has been the de-facto platform for visual storytelling for years, lauded by consumers and brands alike for its unique focus on the beautiful photography and videography, which collectively serve as vignettes into the lives, and lifestyles, of their creators. 5M — Number of active Instagram business profiles (Source: Facebook ).

Payments 378

Payments BigCommerce Merchant Services Beauty and Health 378

ESW

MAY 23, 2018

Before the eCommerce gold rush, brands mainly relied on brick-and-mortar retailers such as Target and Walmart to sell to consumers. Today, with the rise of digital commerce, brands have direct access to their customer base. manufacturers currently sell direct to consumer. Then there’s the economic advantage.

Consumer 122

Consumer Payment Services Shipping Costs Payments 122

Wiser

OCTOBER 11, 2023

The Fundamentals of eCommerce Business Models An eCommerce business model is a strategic business plan, outlining how an online business will generate revenue, identify the targeted customer segment, and deliver value to said customers. For example, Amazon and eBay.

Payment Services 148

Payment Services Shipping Costs eCommerce Drop Ship 148

Ecommerce Platforms

OCTOBER 26, 2021

BetterCommerce is a large-scale enterprise-grade omnichannel solution for eCommerce built to empower retailers to maximize revenue, stay ahead of the competition, and be more efficient. This is extremely powerful as it allows you to control and manage different segments of an online business from one location. Let's get started.

Payment Services 232

Payment Services Shipping Costs Multi-channel Payments 232

Groove

FEBRUARY 11, 2019

Abandoned cart workflows use automated emails to redirect consumers back to their carts. We specifically outline abandoned cart strategies in a related blog, but in general, we highly recommend this hack because it is proven to increase conversion and drive revenue. Typically, we recommend having four-email set up in your workflow.

eCommerce 258

eCommerce Payments eCommerce Platforms Recommendation 258

ESW

DECEMBER 17, 2018

So far we’ve discussed driving eCommerce revenue by using advanced marketing tactics and investing in user experience. If smart marketing builds qualified leads and UX increases conversions, focusing on user trust can help you earn loyal repeat customers. Customers want to know what you’re doing with their information and how.

Payments 84

Payments Payment Services eCommerce Shipping Costs 84

RETAIL MANAGEMENT SOFTWARE

DECEMBER 12, 2022

Once the item arrives, associates can also email consumers directly from the MPOS app to let them know. This not only has a positive effect on sales but also strengthens the relationship between retailers and customers. This allows associates to make highly effective, consumer-centric decisions. Build Customer Loyalty.

Payment Services 75

Payment Services POS Mobile Operations 75

ESW

MARCH 4, 2019

His company has been accepting Bitcoin as a payment method for a half decade. Mark Brinkerhoff at CyberMiles notes that payment processor BitPay takes just 1 percent per crypto transactions. Mark Brinkerhoff at CyberMiles notes that payment processor BitPay takes just 1 percent per crypto transactions.

Cryptocurrencies 113

Cryptocurrencies Payment Services Payments eCommerce 113

RTP blog

SEPTEMBER 28, 2018

There are many types of online fraud, but account-takeover fraud continues to be the biggest threat to online consumers. While the victim of the crime is the unsuspecting consumer, retailers often lose credibility and trust in the eyes of the consumer. billion in associated losses.

Payment Services 150

Payment Services PayPal Payments Customer Loyalty 150

lateshipment

AUGUST 17, 2023

Unmanaged returns are a cost center for e-commerce businesses Customers opt for refunds due to the complicated exchange process, leading to losing a sale. Customers often do not purchase again after receiving refunds to their original payment method, resulting in a lost sale and extra shipping costs 4.

Management 130

Management eCommerce Payment Services Merchant Services 130

Retail TouchPoints

MARCH 29, 2022

The 2022 Connected Consumer Series featured industry experts, thought leaders and practitioners prepared to share their wisdom with their peers, and spotlighted powerful examples from FILA, Lidl, Patagonia and other businesses. Why the Non-Purchaser Might be Your Most Important Customer. View the session on demand.

Payment Services 191

Payment Services Merchant Services Omnichannel Consumer 191

RetailMinded

APRIL 20, 2023

By embracing new technology, digitizing processes, streamlining staff training, and enhancing the customer shopping experience, businesses can improve operational efficiency, foster customer loyalty, and drive revenue growth. Also, it maintains customer interest and showcases new or seasonal products.

Payment Services 52

Payment Services Payments eCommerce Retail 52

RTP blog

JULY 14, 2017

By Tom Byrnes, Vesta Merchants today are seeing an increase in revenue losses and fraud costs due to an often overlooked and hard-to-spot problem: account takeovers. At the same time, convenience, product selection, and price comparison advantages are driving consumers — particularly Millennials — to do more of their shopping online.

Merchant Services 150

Merchant Services Payments eCommerce Payment Services 150

Korona

MAY 30, 2022

If you’re on the hunt for a point of sale provider, chances are you have heard terms like payment gateway, merchant account providers, merchant acquirer, merchant services, and many more. Merchant account providers vs. payment service providers. Payment processing pricing. What a merchant services provider does?

Merchant Services 52

Merchant Services Payment Services POS Payments 52

BigCommerce

FEBRUARY 13, 2018

In fact, growth projections estimate that by 2022, ecommerce revenues will exceed $638 billion in the U.S. Even more data reinforces the ecommerce growth trend: There may be as many as 2.14 Department of Commerce data shows that ecommerce sales currently average about 9.1% Business-to-Consumer (B2C). Image source.

eCommerce 417

eCommerce Payment Services Small Business Retail Shipping Costs 417

Ecommerce Platforms

MARCH 14, 2023

Built specifically for a few set industries, the integrated range of business management, marketing, payment acceptance and customer engagement solutions from Evercommerce help businesses in the service environment to increase retention and accelerate growth. Simplify billing, streamline daily business operations.

Payment Services 104

Payment Services Payments Beauty and Health Electronics 104

Ecommerce Platforms

AUGUST 1, 2019

The Clover POS system is a bit complicated pricing-wise, as you need to sign up for it through a credit card processor. While some of these processors will publish the price of using Clover on their website, others don't, which means that you might have to call a sales team for a quote. Process refunds and offline payments.

POS 91

POS Payment Services Merchant Services Payments 91

ROI Revolution

AUGUST 9, 2022

For many brands and retailers, the Q4 holiday season delivers more online revenue than any other time of the year. Unfortunately, with so much online revenue opportunity, there’s also an increased chance for holiday ecommerce fraud. Between 2021 and 2025, merchant losses from online payments fraud are set to exceed $206 billion.

eCommerce 78

eCommerce Payment Services Merchant Services Payments 78

Ecommerce Platforms

DECEMBER 28, 2021

As the restaurant industry continues to grow, with around 60% of consumers ordering delivery or takeout at least once per week, business leaders need to ensure they have the right technology in place to manage orders of all shapes and sizes. and 10 cents per dip, swipe and contactless payment. High-quality customer service.

Payment Services 104

Payment Services Payments POS lightspeed 104

Fabric

AUGUST 8, 2023

However, while global e-commerce sales are growing at an accelerated pace, the traditional approach to order management has not kept up with the evolving needs and expectations of modern customers. Order management is the process of efficiently handling and fulfilling customer orders from start to finish.

Payment Services 130

Payment Services Fulfillment Management eCommerce 130

Korona

MARCH 7, 2023

In the end, you’ll have all the information you need to decide whether a POS gift card program is right for your business. And since reporting on gift card transactions is so straightforward, retailers have the data they need at their fingertips to understand their customers and make smart decisions about their business.

POS 52

POS Gifts Payment Services Merchant Services 52

ESW

SEPTEMBER 29, 2023

Consumers have shifted from shopping primarily in-store to now using a mix of online, mobile and brick-and-mortar channels. To keep up with consumer demand, brands and retailers are facing pressure to implement omnichannel commerce strategies. Because customers demand it. Why focus on omnichannel?

Omnichannel 146

Omnichannel Payment Services Merchant Services Multichannel 146

ROI Revolution

AUGUST 5, 2021

Consumer spending habits returning to normal. Mastercard reports that their Q2 2021 revenue surged 36% over last year, a confident indication that consumer spending is rebounding after the pandemic made shoppers wary of making discretionary purchases. billion in consumer spending in Q2. of all retail sales ( eMarketer ).

eCommerce 197

eCommerce Social Media Payment Services Merchant Services 197

Ecommerce Platforms

JULY 29, 2020

Lightspeed loyalty for customer loyalty. Designed to help you connect with your customers on a deeper level, the Lightspeed customer experience features help companies to transform their websites into stores that consumers want to buy from. Access to Crucial Customer Data.

lightspeed 177

lightspeed POS Payment Services Shipping Costs 177