Retail TouchPoints

SEPTEMBER 19, 2023

Retail TouchPoints (RTP): How do you believe consumers’ omnichannel shopping behaviors will evolve or accelerate during the holiday shopping season? This created a ripple effect for retailers that were experiencing a higher volume of ecommerce orders and had to leverage stores as fulfillment centers to process and ship online orders.

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Kibo

MARCH 17, 2023

90% of consumers view 2-3 day shipping as a baseline expectation. At the same time, costs continue to increase. In response, leading companies are replacing their traditional fulfillment methods with flexible fulfillment strategies. According to McKinsey & Co.,

Fulfillment 62

Fulfillment Operations Shipping Costs Merchant Services 62

Retail TouchPoints

JULY 26, 2022

With rising gas prices, food shortages, skyrocketing interest rates and ever-present inflation, consumers are worried and that means retailers are worried, too. In the first quarter, the average selling price (ASP) increased by 11% in the U.S. Shoppers will Buy Even Earlier to Avoid Price Hikes. This means that 2.5

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Shipping Costs Gifts Fulfillment Consumer 295

Retail TouchPoints

JUNE 2, 2023

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. Retailers need to handle inventory in stores and distribution centers, keep an eye on both digital and physical shelves and keep costs down with efficient logistics and routing.

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Retail TouchPoints

SEPTEMBER 3, 2020

Returns are a cost of doing business for any retailer. In-Store Returns Trending Up, But Not Pouring In. Mantis analyzed the monthly dollar value of returns year-over-year (YOY) for several categories and found that “the dollar value of returns is still below prior years” as of July, although it was trending up.

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Shipping Costs eCommerce Merchant Services Retail 333

Retail TouchPoints

OCTOBER 6, 2022

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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Shipping Costs Payment Services Merchant Services Payments 263

Fabric

MARCH 14, 2023

Throw in soaring customer acquisition costs , high cart abandonment rates , and declining customer retention rates , and you start to see why the fashion retail sector is such a competitive and unforgiving industry. High-end equates to more expensive products that target a more affluent audience.

Apparel 130

Apparel Fashion Shipping Costs Merchant Services 130

Retail TouchPoints

DECEMBER 10, 2021

Open Air Shopping Centers Enable Easy Omnichannel Services. One thing that’s unlikely to change in 2022 is the importance of omnichannel offerings. That means open air shopping centers have become even more attractive due to how they can make curbside and BOPIS fulfillment easier to handle.

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Shipping Costs Travel Omnichannel Leisure 321

BigCommerce

JUNE 1, 2017

Ship products to customers in a timely manner. Inventory ties into every element of your store, from supply, to warehousing , to order fulfilment and customer satisfaction. We looked at sales by channel, per period, turn, costs, profit per product, and average product lifespan. Optimizing it can help you to: Save money.

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Management Shipping Costs Multi-channel BigCommerce 412

Retail TouchPoints

AUGUST 1, 2023

A critical area of focus is transforming their business into more profitable omnichannel platforms. The costs tied to ecommerce – from technology and app development to fast, free shipping and returns – can be daunting and may be exacerbating profitability challenges. A more nefarious culprit may be at the heart of the matter.

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Retail Shipping Costs eCommerce Consumer 245

Retalon

APRIL 21, 2021

Omnichannel order fulfillment that drives customer experience (and boosts profits). Although the trend towards omnichannel fulfillment is not new, the pandemic changed many retailers’ business models almost overnight, and these changes are not going away. What is omnichannel order fulfillment in retail?

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Order Fulfillment Fulfillment Omnichannel Shipping Costs 41

Fabric

MARCH 14, 2023

trillion fashion and apparel industry—where $898 billion is transacted online —and where consumers are constantly seeking new styles, trends, brands, and designs. Source ] Dropshipping allows retailers to offer and test a wider variety of products without the upfront costs of purchasing and managing inventory. What Is Dropshipping?

Apparel 130

Apparel Fashion Shipping Costs eCommerce 130

lateshipment

NOVEMBER 26, 2023

Introduction Holiday shoppers don’t just mean the “ I’m planning to spend (more than I usually do during the other months) for my holiday season needs by capitalizing on seasonal trends, special deals, and promotions ” type. Cost-effectiveness: Retaining existing customers is significantly more cost-effective than acquiring new ones.

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Shipping Costs eCommerce Order Fulfillment Shipping 130

Retail TouchPoints

NOVEMBER 18, 2021

Consumer expectations of retailers have been transformed by their experiences buying from Amazon and other innovative retailers that are able to provide fast, efficient omnichannel experiences. A fast, flexible and responsive fulfilment process. Holiday shopping season is upon us. The key is investing in real-time inventory.

Shipping Costs 251

Shipping Costs Retail Omnichannel Supplies 251

Omnisend

MAY 5, 2021

There’s no doubt that the COVID-19 pandemic has changed the way we shop forever, with the trend toward ecommerce increasing sharply as many brick-and-mortar retail stores remain closed. This provides valuable flexibility to the customer while avoiding steep shipping costs, long delivery times, and the hassle of shipping back returns.

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Shipping Costs Shipping Omnichannel Fulfillment 148

Retail TouchPoints

SEPTEMBER 28, 2020

Across a wide range of retailers, three trends are driving the industry’s holiday hiring strategies: The race is on for same-day delivery. Ecommerce execution will lean more heavily on store-based fulfillment. Fulfillment Crunch Will Affect Delivery Cutoff Dates.

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Fulfillment Department Stores Shipping Costs eCommerce 305

Retail TouchPoints

DECEMBER 28, 2022

A growing retail and ecommerce business can turn an efficient process into a multi-step nightmare with inaccurate purchasing, order fulfillment and returns processes. It all depends on multiple factors like the size of the warehouse, the quantity of inventory and the number of orders fulfilled. Sophisticated Automation.

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Management Order Fulfillment Fulfillment Shipping Costs 276

ROI Revolution

NOVEMBER 2, 2021

To help your brand thrive this holiday season and navigate these uncharted waters, we’ll be keeping this blog post updated with the latest holiday ecommerce stats and trends. These record sales are expected despite growing supply chain, inventory, and fulfillment concerns. October 21. The latest 2021 holiday shopping ecommerce stats.

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Retail TouchPoints

JULY 25, 2022

Retailers save on shipping costs while leveraging their in-store inventories to fulfill customer orders, while shoppers get the products they want without having to wait for a delivery. Prior to this, online orders had been fulfilled from a central distribution center. Click-and-collect, a.k.a.

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Fulfillment Shipping Costs Omnichannel Operations 211

ROI Revolution

SEPTEMBER 7, 2021

To help your brand thrive this holiday season and navigate these uncharted waters, we’ll be keeping this blog post updated with the latest holiday ecommerce stats and trends. An omnichannel approach will be necessary for brands that want to crush their competition this year. The scary side of shipping this holiday season.

eCommerce 147

eCommerce Gifts Shipping Costs Shipping 147

Retail TouchPoints

JULY 20, 2022

They are even involved in the negotiation process that affects the cost of the product for the producer — so they negotiate the price of the raw material. This, in turn, is driving warehouse and supply chain managers to seek out technologies that minimize costs and human touch points, while speeding up processes.”

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Supplies Shipping Costs Customer Loyalty Technology 303

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Here Are The Ten Emerging Retail Trends We Predict For 2022. Emphasizing micro-fulfillment & smart delivery.

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Retail TouchPoints

JULY 14, 2021

Traditionally, inconsistent data sharing and a lack of full alignment on trends and goals have hindered most demand forecasting processes. In addition to basket-level data, new, alternative data sets, including trend data and local community events, offer a lot of potential. Is this flawed in an omnichannel era?

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Shipping Costs Omnichannel Channel Recommendation 264

Korona

JANUARY 30, 2023

Read on for more details regarding these noteworthy retail trends for 2023. The point is to be able to engage your customers beyond the scope of the brick-and-mortar space and into an omnichannel experience. First, they are generally less expensive for both the retailer and the consumer than brands with bigger names.

Small Business Retail 59

Small Business Retail Payment Services Shipping Costs Retail 59

Retail TouchPoints

DECEMBER 31, 2021

As it did with so many things, COVID-19 accelerated long-term trends in retail work. One of the beauties of the big box model was that it enabled retailers to get away with relatively low-priced labor. Many of these changes are recent: “Ship-from-store wasn’t economically viable [as recently as] two years ago,” said Ritter.

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Home Furnishings Retail Shipping Costs Electronics 306

ROI Revolution

DECEMBER 2, 2021

To help your brand thrive this holiday season and navigate these uncharted waters, we’ll be keeping this blog post updated with the latest holiday ecommerce stats and trends. 42% of consumers expect products to be more expensive this year. Nontraditional and omnichannel: Gen Z and millennial holiday shopping trends.

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eCommerce Shipping Costs Gifts Social Media 78

ROI Revolution

DECEMBER 14, 2021

To help your brand thrive this holiday season and navigate these uncharted waters, we’ll be keeping this blog post updated with the latest holiday ecommerce stats and trends. 42% of consumers expect products to be more expensive this year. Nontraditional and omnichannel: Gen Z and millennial holiday shopping trends.

eCommerce 78

eCommerce Shipping Costs Gifts Social Media 78

Omnisend

DECEMBER 3, 2021

In this article, we’ll cover some of the most important trends for ecommerce marketers to keep in mind while building holiday Facebook ad campaigns. With that in mind, it’s no surprise that Facebook’s average cost per 1,000 impressions (CPM) is highest in December and November. Holiday CPM. Mobile usage. Facebook advertising examples.

Shipping Costs 148

Shipping Costs Social Media Mobile Events 148

Retail TouchPoints

SEPTEMBER 29, 2020

One solution is to bring content that retailers already are updating digitally, such as pricing or user-generated reviews, into the store to keep the information fresh. If COVID consumer behavior continues, buy online, ship from store as well as buy online, pick up in-store (BOPIS) will increase for holiday 2020.

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Webinar Payment Services Shipping Costs Retail 272

Pivotree Blog

NOVEMBER 23, 2022

“While there is much speculation about inflation’s impact on consumer behavior, our data tells us that this Thanksgiving holiday weekend will see robust store traffic with a record number of shoppers taking advantage of value pricing,” said Mathew Shay, NRF President and CEO. “We Omnichannel is Still The Boss.

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Games Fulfillment Omnichannel Shipping Costs 52

Retail TouchPoints

OCTOBER 4, 2021

digital sales to grow 10% , while shifting shopper habits will create a variety of new opportunities for omnichannel retailers. On top of this, both Publicis Sapient and Salesforce expect rising costs to cause retailers to curb the size of their promotions. Salesforce expects U.S. Let the countdown begin….

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Merchant Services Payment Services X-cart Supplies 319

Retail TouchPoints

JULY 22, 2022

To Review: With ecommerce now encompassing much more than just a website (think livestreaming, social commerce, marketplaces and the metaverse), we predicted that the overarching key to omnichannel success in 2022 will be great content. 2022 certainly isn’t turning out how anyone thought it would.

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eCommerce Supplies Shipping Costs Events 305

ROI Revolution

OCTOBER 5, 2021

To help your brand thrive this holiday season and navigate these uncharted waters, we’ll be keeping this blog post updated with the latest holiday ecommerce stats and trends. US retailers will face an additional $223 billion in costs this holiday season due to global supply chain issues ( Salesforce ). August 18.

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eCommerce Gifts Shipping Costs SEO 120

Pivotree Blog

FEBRUARY 27, 2023

Sixty-five per cent of respondents stated that escalating costs are their biggest supply chain problem, as disruptions have caused shipping costs to rise and negatively impacted the availability of products; all of which have led to higher costs in general and difficulty keeping up with demand.

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Supplies Management eCommerce Platforms Shipping Costs 52

Retail TouchPoints

JANUARY 8, 2024

First, retailers must understand the growing trends in loss prevention to determine which strategies will best reduce the diverse types of theft, fraud and abuse impacting their business. As a result, retailers must ensure their 2024 loss prevention plans incorporate an omnichannel approach that considers all avenues for loss.

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Recommendation Omnichannel Shipping Costs eCommerce 234

Kibo

NOVEMBER 17, 2021

Not only does the fulfillment option cater to the demands of an increasingly changing customer, but it has the potential to reduce shipping costs, increase sales and bring your business into the future of retail. report found that 65% of surveyed shoppers used BOPIS to counter shipping fees. 5 BOPIS Growth Statistics.

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Shipping Costs Retail Shipping Fulfillment 62

Fabric

MAY 17, 2023

Over the years, SNIPES has consistently pushed the streetwear culture envelope, selling and shipping the freshest shoes, clothing, and accessories across the globe. The company has also embraced omnichannel commerce with its efforts to streamline the customer journey across sales channels and create an unparalleled online shopping experience.

eCommerce 130

eCommerce eCommerce Platforms Shipping Costs EDI 130