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

Retail TouchPoints

Revenues were down more than expected, decreasing 42% YoY to $78 million ; adjusted EBITDA was in line with expectations but still represented a loss of $66 million in the quarter; and monthly active users were down 48% to 12 million. “As The trade-off is long shipping times, another thing Wish is working hard to improve.

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

Retail TouchPoints

Online return fraud cost U.S. Wardrobers’ abuse the system by wearing clothes for one occasion only, then sending them back. Cutting Fraud to Claw Back Costs Retailers are pushing back. For retailers with overseas customers, the returns process can be more complex, with potentially more loopholes for returns fraud.

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

Ecommerce Platforms

Some of the factors include pricing, app offerings, and themes. The best platform to sell online for small business is Square Online Store. The best platform for large-scale business is BigCommerce. The least expensive option is Wix Commerce. Is it going to take a small business a long time to break even?

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

BigCommerce

Rohan Moore , founder and CEO of UK fashion company, Olive Clothing. Elli’s fashion company in the United States. To ensure that you’re offering a fair and competitive price for your products, you’ll want to look at what similar online retailers are charging. Most of the product itself was priced moderately.

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How to Start a Subscription Business that Works

Ecommerce Platforms

There's a reason so many subscription-based business models seem to be popping up. It's tough to break through with a successful product, but the rewards are enormous, with cash flow benefits, brand loyalty, and clear revenue projections on a regular basis. Customer Acquisition Costs Decrease. Guaranteed, Recurring Revenue.

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How to Create an Online Store in 2020: The Complete Guide

Ecommerce Platforms

Thanks to things like store builders, WordPress, and even dropshipping, you have countless ways to design an eCommerce website and start earning money through Pay Pal and credit card payments in no time. Step 10: Establish Your Payment Methods. Step 11: Figure Out Your Shipping Strategy. Step 6: Getting Your Domain Name.