Korona

FEBRUARY 9, 2023

Hire, And Train Employees Who Can Provide Great Customer Experiences Happier customers mean more loyalty to your store. And more loyalty will lead to better sales. However, this is only possible if your retail sales associates provide an exceptional customer experience.

Improvements 98

Improvements Payment Services POS Payments 98

Korona

JUNE 8, 2022

So keeping up with the latest retail technology is paramount to delivering an impeccable customer experience, managing a large inventory, and optimizing your ordering and pricing. In fact, when it comes to customer service, Nextiva found that 89% of consumers have switched to a competitor after a bad customer experience.

Technology 52

Technology Payment Services Payments Retail 52

SellBrite

MAY 13, 2019

And providing a better standard of customer experience will never not be a challenge to online sellers. Leveraging this particular trend is as easy as directly addressing those concerns about which customers have been vocal. More broadly speaking, ground your operations in values that your customers will identify with.

Mobile eCommerce 117

Mobile eCommerce Mobile eCommerce Social Media 117

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. Brands like Warby Parker and Everlane operate on this model.

Payment Services 148

Payment Services Shipping Costs eCommerce Drop Ship 148

Groove

FEBRUARY 11, 2019

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. If your eCommerce store has larger margins, you can use discount offers to increase sales and drive additional revenue. Retargeting. Social Integration.

eCommerce 258

eCommerce Payments eCommerce Platforms Recommendation 258

Omnisend

APRIL 26, 2021

According to the Ecommerce Statistics Report 2020 , the COVID-19 pandemic has played a huge role in accelerating the trend toward shopping online. Read on for the biggest furniture ecommerce trends and tips to help you grow in 2021. Check out how Black Mango generates 43% of their email revenue effortlessly. Social Commerce.

eCommerce 135

eCommerce Social Media Merchant Services Shopify 135

lateshipment

AUGUST 17, 2023

Returns Experience Management (REM) is the strategies and practices that e-commerce businesses implement to effectively handle and optimize customer experience when dealing with product returns. Smart Revenue Retention 4. Branded Return Tracking 3.

Management 130

Management eCommerce Payment Services Merchant Services 130

ESW

OCTOBER 21, 2019

Increasing customer loyalty is a fairly standard marketing tactic. Having customers pay you to join your loyalty program isn’t. Costco’s entire revenue model is built around retail membership, The Hustle’s Zachary Crockett writes. At first, it was effectively an upfront payment on shipping costs.

Shipping Costs 87

Shipping Costs Customer Payments Payment Services 87

iVend

SEPTEMBER 1, 2022

Based on what we know from previous recessions and the way in which retailers’ actions and approaches affected their performance and recovery, it would seem that the key focus areas for retail strategy in 2022 must be: Streamlining processes to reduce inefficiency and maximise staff productivity – front and back of house. Retaining customers.

Technology 98

Technology Retail Payment Services POS 98

365 Retail

MARCH 1, 2024

It highlights essential steps, including market research, website development, payment gateway integration, and customer service enhancement. Identifying Your Niche The first step in establishing your e-commerce business is to identify your niche.

eCommerce 52

eCommerce Payment Services eCommerce Platforms SEO 52

lateshipment

SEPTEMBER 16, 2022

However, for e-commerce retail businesses the next 3 months (From Halloween to New Year) are pretty hectic, as they have to come up with new initiatives to sell more products, delight all customers, and most importantly have a season to remember. Focus on providing memorable post-purchase experiences.

eCommerce 130

eCommerce Merchant Services Shipping Costs Social Media 130

UpSellIt

JULY 13, 2023

Omnichannel Retailing Omnichannel retailing provides a unified and enhanced customer experience by leveraging the strengths of different channels and eliminating friction points throughout the customer journey. By using an omnichannel approach, retailers gain valuable insights into customer behavior, preferences, and trends.

Omnichannel 101

Omnichannel Multichannel Payment Services Retail 101

Retail TouchPoints

NOVEMBER 11, 2021

On the same day, Devora Rogers of market research consultancy Alter Agents shares results from the firm’s new study, including the depths of shopper “promiscuity” as customer loyalty fades and consumers constantly examine new options. New platforms for engagement and revenue. 16 from 12 to 12:30 p.m. 17 from 12 to 12:30 p.m.

Merchant Services 324

Merchant Services Cryptocurrencies Payments Payment Services 324

Korona

SEPTEMBER 22, 2022

Among other reasons, the rising trends of online shopping, contactless payments, QR code use, click-and-collect, increased software integrations, and a stronger reliance on data are expected to strengthen the cloud POS market through the foreseeable future. Streamline your customer experience with personalized offers.

POS 52

POS Payment Services Point of Sale Payments 52

FastSpring

DECEMBER 18, 2020

While we’ve been shopping for items like clothes or shoes online for years, another trend is now emerging—business-to-business (B2B) ecommerce. As of 2019, B2B ecommerce sales globally have surpassed $12 trillion in revenue. It wasn’t ideal for the business or its customers. “It

B2B 148

B2B eCommerce Payment Services SEO 148

Korona

JULY 2, 2021

Customer experience was often assessed based on a few physical elements of contact between the customer and the establishment: Are the employees helpful? Is the store able to offer the product the customer is specifically looking for? The good news is that starting an online business is easier than ever!

Online Retail 52

Online Retail Social Media eCommerce Payment Services 52

lateshipment

AUGUST 13, 2021

This means a huge opportunity for your dropshipping store to cross your sales target and break your revenue records. Dropshipping is gaining momentum and slowly becoming a more preferred choice than traditional eCommerce businesses as it helps businesses profit by selling products online without managing inventory on their own.

Shipping Costs 130

Shipping Costs Payment Services Shipping Social Media 130

iVend

MAY 25, 2021

We’ve been talking to retailers about the ways that they are enticing their customers back. Start with the customers you know Harness the information in your customer loyalty program and focus first on the customers who already have history of shopping with you. Explore iVend Loyalty 3.

Retail 52

Retail Gifts Point of Sale Payments 52

Payoneer

FEBRUARY 22, 2023

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. of Nigerian ecommerce revenue. million in revenue in 2021. of the revenue for Nigeria’s top 100 online stores.

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

GetElastic

APRIL 28, 2022

With this trend in online shopping, the DTC eCommerce industry will only continue to grow. As DTC businesses continue to prioritize digital commerce experiences, brands are facing more market competition than ever. Top 7 DTC eCommerce Trends. Social and Live Commerce for Expanded Shopping Experiences. In 2021, U.S.

Payment Services 78

Payment Services eCommerce Customer Retention Demo 78

Retail TouchPoints

AUGUST 29, 2022

This discovery tarnished the reputation of a widely respected company with a long history of customer loyalty. Mobile apps have evolved into a critical business asset, generating billions of dollars in revenue. Consumer trends show desktop no longer rules the word of digital retail.

Mobile 312

Mobile Payment Services Payments Retail 312

Algopix

JULY 24, 2023

An Order Management System (OMS) is a software application that automates and centralizes the entire order processing workflow. It acts as a bridge between various eCommerce channels, inventory systems, payment gateways, and shipping carriers, providing a cohesive platform to manage orders efficiently.

Payment Services 78

Payment Services Merchant Services Operations Management 78

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 243

Merchant Services Shipping Costs Payments Payment Services 243

Fabric

AUGUST 8, 2023

Order management is the process of efficiently handling and fulfilling customer orders from start to finish. The primary goal of order management is to ensure accurate and timely order processing, which involves streamlining everything from inventory management to payment capture to shipping coordination.

Payment Services 130

Payment Services Fulfillment Management eCommerce 130

Korona

MARCH 4, 2023

A point of sale (POS) system is essential to any successful retail business. It’s what facilitates transactions with customers, helping you to improve operational efficiency and provide a better customer experience. There are POS providers that also serve as payment processors. to 3.5% + $0.15

Point of Sale 52

Point of Sale Payment Services Payments Merchant Services 52

Retail TouchPoints

MARCH 29, 2022

Sessions illustrate the increasingly complex nature of the customer experience, and how the lines between commerce, marketing, service, and even supply chain and fulfillment, continue to blur. Why the Non-Purchaser Might be Your Most Important Customer. Inside FILA’s Mission to Build its DTC Business.

Payment Services 234

Payment Services Merchant Services Omnichannel Consumer 234

lateshipment

FEBRUARY 10, 2021

With eCommerce sales growing more than 30% in 2020, the trend is expected to continue in 2021 as well. To keep up with the rise in eCommerce and the sound change in consumer behavior (which is changing rapidly), businesses need to put “customer experience” at the center of their growth and retention strategies.

Improvements 130

Improvements Customer Shipping Costs Payment Services 130

lateshipment

FEBRUARY 10, 2021

Post-Purchase Customer Experience Amidst the Rise of eCommerce. With eCommerce sales growing more than 30% in 2020, the trend is expected to continue in 2021 as well. Lost opportunity to monetize post-purchase tracking moments. Customers track orders 6-8 times before delivery. now lost due to the CX gap.

Improvements 130

Improvements Customer eCommerce Shipping Costs 130

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. Why It’s Happening Account takeovers are on the rise due to two key trends: The recent U.S. of their annual revenue to fraud, according to a recent study.

Merchant Services 150

Merchant Services Payments eCommerce Payment Services 150

Ecommerce Platforms

FEBRUARY 20, 2020

It turns out 43% consider omnichannel integration a priority, 45% prioritize payment security compliance, and 53% are planning to introduce additional features to their current retail POS systems. 60% of the newly adopted retail POS systems in 2018 were cloud-based, and the trend has been growing quite exponentially since.

POS 118

POS Payment Services Merchant Services lightspeed 118

Ecommerce Platforms

FEBRUARY 20, 2020

It turns out 43% consider omnichannel integration a priority, 45% prioritize payment security compliance, and 53% are planning to introduce additional features to their current retail POS systems. 60% of the newly adopted retail POS systems in 2018 were cloud-based, and the trend has been growing quite exponentially since.

POS 104

POS Payment Services Merchant Services lightspeed 104

iVend

APRIL 12, 2022

So why is understanding and increasing customer lifetime value so important, and how can retail stores achieve it? It allows you to target the right customers – for example, a retail store may be sending out discount offers, for example, to every customer. Mobile POS – for in-aisle service and orders.

Payment Services 98

Payment Services Customer Retail Payments 98

RetailMinded

OCTOBER 6, 2022

We discussed how technology and trends alike are impacting physical and digital retail as well as what customers expect from purchasing experiences. Metaverse was a part of our discussion, though it isn’t expected to be a homerun retail experience by all panelists in attendance.

Retail 52

Retail Customer Loyalty eCommerce Merchant Services 52

lateshipment

FEBRUARY 10, 2021

With eCommerce sales growing more than 30% in 2020, the trend is expected to continue in 2021 as well. To keep up with the rise in eCommerce and the sound change in consumer behavior, businesses need to put post-purchase CX at the center of their growth and retention strategies. Integrating with multiple payment gateways.

Shipping Costs 130

Shipping Costs Payment Services Shipping Social Media 130

BigCommerce

JUNE 27, 2017

Ecommerce is a very competitive business, and companies are always striving to gain an advantage over their rivals. In this environment, customer loyalty is tricky to maintain, as rival websites can easily snatch your customer away. A Business Insider Intelligence study estimates the loss in revenue at $4.5

Improvements 275

Improvements eCommerce Payment Services Merchant Services 275

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? . Tiered loyalty system.

Customer Loyalty 143

Customer Loyalty Customer Merchant Services Payment Services 143

Ecommerce Platforms

NOVEMBER 1, 2019

If you’ve been following our blog keenly, then you’ve probably noticed that we’re not the type of guys who’d miss out on the trending POS systems. Basically, TouchBistro is a full-stack point of sale application that offers all the standard management functionalities you’d need to streamline your food service business.

POS 80

POS Payment Services Merchant Services Payments 80