Retail TouchPoints
MAY 21, 2021
The adoption of subscription-based services and digital goods purchases were on the rise well before COVID-19 hit. There are subscription shopping services now available too. Subscription is a great model because it builds a relationship between the consumer and vendor — or the service provider in some cases. The average U.S.
Groove
NOVEMBER 21, 2022
In 1793, merchants in high traffic areas faced harsh competition. In order to turn one-time purchasers into loyal repeat customers, merchants got creative. These retailers started to give customers branded copper coins, with little to no numismatic value. For Merchants: Customer Acquisition Costs. Why Loyalty and Rewards.
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Retail TouchPoints
DECEMBER 17, 2021
Klarna has launched a new browser extension that enables consumers shopping on desktop computers to access its buy now, pay later service at any online store, even if the retailer is not a Klarna partner. . and Germany) or gift cards (UK and France). and Germany) or gift cards (UK and France).
Retail TouchPoints
DECEMBER 30, 2021
In 2020, consumers spent approximately $630 billion on online shopping, and merchants lost $12 billion to fraud. However, by understanding how fraudsters target different age groups, merchants can tailor their fraud prevention programs to fit the risk profiles for their customer demographics.
Retail TouchPoints
JANUARY 5, 2021
Fraud is a costly problem for merchants, and it’s growing. The cost of fraud to retailers is up 6.6% To avoid a slew of holiday fraud that can raise their chargeback ratio in January, merchants may decide to automatically reject any order that doesn’t meet strict fraud screening criteria. in related costs. in related costs.
Retail TouchPoints
JANUARY 3, 2022
The exponential growth happening across the ecommerce landscape translates to major gains for online retail brands. But the one move that could significantly improve online sales, while simultaneously delivering a more seamless user experience, is rarely considered by ecommerce brands: Eliminating the traditional password experience.
ESW
JANUARY 14, 2019
Conversion is the name of the game in online retail, and it’s not an easy problem for most direct-to-consumer brands to solve. The checkout process is where so many brands’ sites stumble. Getting tired of an overly complicated process. Incentivize the account creation process with a percentage discount or special offer.
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