article thumbnail

The 7 Perfect Verticals for Generating Recurring Revenue

Groove

Selling products online often means wild swings in revenue generation based upon trends, seasonality or consumer sentiments. On the flip side, upwards of 75% of a business’s revenue comes from these same months. The health, wellness, and beauty category is a very profitable vertical for all online retailers.

Payments 195
article thumbnail

With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

Many members of this young, savvy demographic are exchanging their dependence on fast-fashion destinations like SHEIN , choosing to invest in quality over quantity. For example, the brand “hired” Noah, Alibaba’s fashion virtual idol, to host a livestream in September 2022, and nearly quadrupled its daily gross merchandise value.

Payments 290
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

Cutting Fraud to Claw Back Costs Retailers are pushing back. Some fashion brands, including Zara, J.Crew and Uniqlo , have begun charging for returns in order to claw back lost revenue and dissuade certain behaviors. Identifying such networks can help retailers take pre-emptive action to prevent fraud.

article thumbnail

#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. Leverage Alternate Revenue Streams to Support Business Growth.

article thumbnail

From Retail to e-Tail: How to Launch an Ecommerce Website for Your Brick-and-Mortar

BigCommerce

We’ll look at how three ecommerce professionals were able to transition from brick-and-mortar to online shopping. Rohan Moore , founder and CEO of UK fashion company, Olive Clothing. Elli’s fashion company in the United States. Choose your payment methods. Tahnee Elliott , founder and CEO of T.C.

article thumbnail

Oracle NetSuite Review: How to Build a Next-Gen Store in the Ecommerce Age

Ecommerce Platforms

Fashion shoppers at a Next-Gen store can try out outfits by standing in front of a VR smart mirror. Small businesses , mid-sized businesses, and global enterprises with multiple locations and large personnel numbers use NetSuite. Distribution and Retail brands. Business Service Automation. Business Data Analysis.

article thumbnail

Top 11 Shopping Cart Abandonment Reasons for 2022 with Resolutions

Algopix

Still, cart abandonment remains a major problem among most eCommerce businesses. The travel sector tops at 87.08% followed by the fashion industry (84.43%) and the retail sector (77.01%). Make sure to simplify your checkout process. Imagine customers placing orders online when your site becomes slow or suddenly crashes.