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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. To start, profit margins on these products are commonly higher than the other industry standards.

Payments 195
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How Fashion Retailers Can Retain New E-Commerce Customers Past The Pandemic

Retail TouchPoints

Fashion retailers were hit hard by the COVID-19 outbreak, but the industry may have found a silver lining: an influx of new e-Commerce customers. This data frames the fashion industry’s recovery roadmap: work to retain new customers, and keep the former single-channel customers shopping online.

eCommerce 184
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What Does ‘Omnichannel’ Mean in 2021? How Marketplaces are Reshaping the Digital Landscape

Retail TouchPoints

The company sees itself sitting squarely in the center of the pack, catering primarily to mid-size businesses with $1 to $50 million in online revenue. As data privacy increases, it becomes more and more challenging to get data about [consumers] from other places. And then analytics is the other piece; how do you measure it all?

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

Retail TouchPoints

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. The trade-off is long shipping times, another thing Wish is working hard to improve.

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Best Platform to Sell Online in 2020: An In-Depth Analysis

Ecommerce Platforms

We also outline why our research is reputable over other alternatives online. The best platform to sell online for small business is Square Online Store. The best platform for large-scale business is BigCommerce. Is it going to take a small business a long time to break even? Learn how we conducted our research.

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Neiman Marcus Group Takes Stake in Reseller Fashionphile, Adds Sustainability Partnerships

Retail TouchPoints

Customer who sell their luxury products to Fashionphile have the option of receiving payment in the form of a Neiman Marcus gift card and receive a 10% discount on the gift card value. NMG is the first North American luxury retailer to join Textile Exchange, alongside brands from other luxury groups including LVMH and Kering. .

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

Retail TouchPoints

Other fraudulent activities include returning shoplifted items, and ‘merchandise exchange’ whereby shoppers purchase a new item, then return an older or non-working version of the same item using the packaging from the newer merchandise. retailers are likely to be experiencing similar trends.