article thumbnail

Time for retailers to take stock of shipping costs; playing the waiting game won’t win

365 Retail

Claire Webb from Advanced Supply Chain Group looks at why playing a waiting game won’t help retailers beat soaring shipping costs. Many retailers are looking to protect margins against rapidly rising shipping costs. Cost of bottlenecks. Playing the waiting game. Mitigating costs.

article thumbnail

Shining a Light on a Growing Ecommerce Threat: Chargeback Fraud

Retail TouchPoints

Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of the chargeback process are a growing threat to merchants. Still, the cost of chargeback fraud is simply too high to ignore. For every $100 in chargebacks, your true chargeback cost is $240.

Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Targeted Retail Strategies for Revenue Growth and Margin Improvement

Retail TouchPoints

Loyalty Beyond the Price Tag In our hyper-connected world with increasing distractions, retailers and brands struggle with high acquisition costs. Instant answers about product sizing or shipping details can greatly influence the shopping experience and make or break a sale.

article thumbnail

Squarespace Pricing Plans (Feb 2020) – Which Pricing Plan Should I Pick?

Ecommerce Platforms

This article will explore the actual costs you can expect when going with Squarespace. Check out our recommendations for each Squarespace pricing plan below. You'll be pleased to hear; the Squarespace pricing structure is pretty simple. You'll be pleased to hear; the Squarespace pricing structure is pretty simple.

article thumbnail

How Much Does It Cost To Open a Retail Store?

Korona

The actual costs of opening a retail store vary depending on the type of retail business you want to start, the size of the store, and, last but not least, the location. However, according to vlogger and boutique owner Alli Schultz, the initial startup costs for opening a retail store can average up to $48,000. Business insurance cost.

article thumbnail

Inventory Management 101: Using Data-Driven Insights

Algopix

Minimize carrying costs and holding expenses. With the advent of advanced analytics tools and technology, businesses can harness the power of data to optimize their inventory, reduce costs, and enhance customer satisfaction. This leads to several problems, including: Increased carrying costs. Reduced cash flow.

article thumbnail

Cross-Channel Home Décor Retailing: 5 Take Away Lessons from The Game Changers

RETAIL MANAGEMENT SOFTWARE

While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online home furnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans.

Channel 61