365 Retail

AUGUST 14, 2023

On one hand the marketplaces, on the other their merchant partners, with the issue of payments processes the chief bone of contention. This July, for instance, Etsy made the decision to withhold 75% of payments to merchants for 45 days in order to “keep the marketplace safe” and ensure sufficient cash for refunds.

Merchant Services 52

Merchant Services Payment Services Banking eCommerce 52

Retail TouchPoints

JANUARY 18, 2022

JD.com has joined forces with Shopify to help retailers access China’s ecommerce market. The Chinese ecommerce market is expected to be worth $3.3 The solution is designed to help solve cross-border commerce challenges across product sourcing, selling and logistics for merchants in both the U.S. In the 12 months ended Aug.

Merchant Services 244

Merchant Services Shopify Customer Retail 244

Retail TouchPoints

MAY 29, 2024

Additionally, Shari White has been appointed as Interim Chief Merchant, reporting directly to Mohan. Amy College, current Chief Merchandising and Supply Chain Officer, will be leaving the company on August 17, 2024, and the company will conduct a search for a permanent Chief Merchant. ” . ”

Merchant Services 207

Merchant Services Events Retail Supplies 207

Ecommerce Platforms

JANUARY 25, 2022

In this collaboration, JD has offered a particular boarding channel, JD Marketplace, simplifying entry to the Chinese market for Shopify merchants. By joining forces, these two companies have created a new ecommerce channel, opening up the world's biggest market for millions of merchants.

Merchant Services 118

Merchant Services Shopify eCommerce Marketing 118

Retail TouchPoints

JANUARY 18, 2024

We also see AI giving us some really interesting opportunities within our guest services areas, to bring in more data and insights when customers contact us. Same thing with process optimization: that AI model typically doesn’t work out of the box. AI can speed up marketing, merchandising and product development.

Merchant Services 264

Merchant Services Retail Definition Technology 264

Retail TouchPoints

OCTOBER 4, 2023

The UK’s largest independent builder’s merchant, MKM Building Supplies , recognized that the building supplies industry was changing, with 45% of its current customer base set to retire within the next five years. One BigCommerce merchant saw conversion rates jump from 52.9% after deploying both of these tactics.

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Omnichannel Merchant Services BigCommerce Payment Services 248

Retail TouchPoints

JULY 28, 2021

Digitization has afforded retailers access to new markets and more consumers. The savvier the customer, the more agile merchants need to be to remain relevant. Operating in the global market provides retailers with a sea of benefits — most notably access to a customer base that spans the globe. The Tide is Turning.

Merchant Services 263

Merchant Services Payment Services Payments Retail 263

Retail TouchPoints

JANUARY 20, 2022

The invitation to Indian retailers will initially include only a select number of participants, adding to existing merchants including Delphi Leather India , Mahi Exports , Touchstone Gems & Jewelry and Welspun. A dedicated Cross Border Trade team has been set up in India to help sellers onboard and grow on the platform.

Merchant Services 276

Merchant Services Cryptocurrencies eCommerce Sporting Goods 276

GetElastic

JULY 30, 2019

78% of businesses have reported attempted or actual B2B payments fraud last year ( rising steadily since 2013), and international fraud has risen 136% in the last two years. Blockchain technology is increasingly gaining traction among banks, lenders, fintechs and merchants. How blockchain for B2B payments works.

Payment Services 135

Payment Services Merchant Services Banking B2B 135

Ecommerce Platforms

OCTOBER 10, 2022

The CBD market is rife with opportunities. And given the prevalence of the modern digital ecommerce platform, it’s never been easier to start being a merchant yourself. Accepting credit card payments is as easy as signing up to the right platform. Setting Up Payments. Choosing a Fulfillment Service. What is CBD?

Merchant Services 197

Merchant Services Payment Services Payments Shopify 197

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S., said Pandya. “

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Shipping Costs Consumer Supplies Merchant Services 255

Retail TouchPoints

JULY 7, 2020

While we shouldn’t expect online sales to remain at their peak levels when the safety risks of in-person shopping dissipate, merchants cannot hope to weather the storm and return to business as usual. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. Traditionally, U.S. And the U.S.

Merchant Services 187

Merchant Services Payment Services Payments Small Business Retail 187

Groove

FEBRUARY 28, 2022

Founded in 2006 and headquartered in Israel, Wix is a cloud-based, website building platform that offers built-in and premium features that merchants use to create professional eCommerce websites. Ascend by Wix is a complete marketing and customer management suite that helps merchants engage with consumers at each step of the buyer’s journey.

Shopify 150

Shopify Merchant Services Payment Services Payments 150

Retail TouchPoints

AUGUST 7, 2023

After several years of declines and a host of executive switch-ups (particularly in the CEO role), Wish began a major overhaul of its business (still underway) and launched a marketing blitz to “reintroduce” itself to consumers in August 2022. Doubling down on merchants outside of China. The very next month Temu debuted in the U.S.

Shipping Costs 194

Shipping Costs Merchant Services Payment Services Shipping 194

Ecommerce Platforms

OCTOBER 19, 2022

In that case, you need to consider some of the best CBD ecommerce platforms, since not all payment processors and ecommerce platforms are as friendly toward CBD sellers. Payment processors have a history of avoiding these types of products for liability issues; they’re considered “high-risk industries.” Best CBD Ecommerce Platforms.

eCommerce Platforms 211

eCommerce Platforms Payment Services Payments Merchant Services 211

Retail TouchPoints

OCTOBER 7, 2021

The key expansions include Target adding Sezzle and Affirm to its payment options; Simon enabling Klarna for interested merchants at any of its shopping centers; and FreedomPay integrating Klarna into its platform to provide more brick-and-mortar retailers access to BNPL options.

Merchant Services 173

Merchant Services Payment Services Point of Sale Gifts 173

Retail TouchPoints

JULY 20, 2022

With supply chain disruptions still making headlines, small and mid-sized businesses (SMBs) looking to remain competitive may contend with inventory challenges and rising rates of theft and damage in the last mile. It’s becoming increasingly clear that supply chain risks and shipping mishaps are top of mind for today’s consumers.

Shipping Costs 293

Shipping Costs Shipping Merchant Services Payment Services 293

Retail TouchPoints

JANUARY 20, 2022

For most types of consumer retail stores, the pandemic scared regulars away, diminished traffic from visitors, altered consumer preferences, snapped formerly reliable supply chains and required dramatic shifts in the way stores serve their clientele. But that’s only part of the story.

Shipping Costs 220

Shipping Costs Merchant Services Retail Supplies 220

Retail TouchPoints

FEBRUARY 15, 2023

Accenture’s AI.Retail platform — which helps retailers better utilize data and artificial intelligence to optimize common operations such as customer acquisition, pricing and promotions, assortment and supply chain — can now be deployed on Google Cloud. Current customer Albertsons Cos.

Merchant Services 257

Merchant Services Supplies Retail Customer Data 257

365 Retail

OCTOBER 18, 2023

The study shows that 30% of British adults have used the BNPL service for at least one payment over the 12 months ending in August 2023. Notably, the service has found significant traction among Millennials and Gen X, with 41% and 36% usage rates respectively.

Merchant Services 64

Merchant Services Payment Services Banking Supplies 64

Retail TouchPoints

FEBRUARY 28, 2023

The retailer is accepting sellers from categories including arts and crafts supplies, candle and soap making, leather and woodwork, baking, tools and tech, yarn, stitchery, kids, toys, education, journaling and seasonal products.

Merchant Services 262

Merchant Services Arts Multichannel Toys 262

Ecommerce Platforms

MARCH 3, 2022

Whether your company is in Canada or you'd like to ship to Canadian customers, it's important to find a Canada-focused fulfillment service that provides fast shipping, high-quality storage environments, and affordable rates. The goal of this article is to identify fulfillment services with a solid presence inside Canada. Advantages.

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Shipping Costs Merchant Services Fulfillment Shipping 104

Retail TouchPoints

OCTOBER 4, 2021

Flexible Payments Will Gain Further Ground. Flexible payments are continuing to gain steam, particularly among younger generations. A survey by Klarna found that 75% of Gen Z, 76% of millennials and 60% of Gen X are looking for more flexible payment options. Supply Chain Challenges Will Lead to a Reduction in SKUs.

Merchant Services 303

Merchant Services Payment Services X-cart Supplies 303

Groove

APRIL 1, 2022

No matter whether you’re just getting started with your eCommerce store or are a mid-market or Enterprise business with years of eCommerce experience, the tactics discussed in this guide will help you when it comes to selling consumer packaged goods online. Let’s get your store thriving! Don’t ever forget this!

Merchant Services 195

Merchant Services Consumer Shipping Costs Drop Ship 195

Retail TouchPoints

APRIL 5, 2022

When it comes to embracing ethical commerce and moving corporate social responsibility (CSR) strategies forward, Amazon Web Services (AWS) research shows that retailers and CPGs identify three primary hurdles to success. Across all organization sizes and market locations in our survey, cost placed highest ( 53% ) on the list of challenges.

Merchant Services 207

Merchant Services Beauty and Health Technology Operations 207

Groove

FEBRUARY 14, 2024

Shopify is a leader in eCommerce, with over $74 billion of market cap as of the 2nd quarter of 2023. As a Shopify merchant, you’re always on the lookout to continuously test and find winning strategies to gain a larger share of the pie. What better way than to use the world’s leading search engine? Why Shopify Google Tag Manager?

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Shopify Management Merchant Services Events 394

Retail TouchPoints

NOVEMBER 11, 2020

Brick-and-mortar stores quickly set up online shops, and organizations offered new services such as online checkout, payout or purchasing options. This is a crucial process, as it identifies gaps that could be harmful to both the business and customers. For others, risks were invited in via third parties.

Merchant Services 164

Merchant Services Retail POS Presentation 164

Retail TouchPoints

OCTOBER 14, 2020

The 2020 RIA program garnered more than 130 nominations, with this year’s 10 winners representing a diverse variety of retail and CPG brands, spanning a myriad of categories from machine learning and personalization to marketing, sustainability innovation, crisis management and more. Their strategy was to use “supply chain as a weapon.”

Merchant Services 240

Merchant Services Retail Supplies Travel 240

Retail TouchPoints

AUGUST 18, 2022

Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service. In fact, 50% of U.S The rise of BNPL is in many ways a case of the right product at the right time.

Merchant Services 244

Merchant Services Payment Services POS Consumer 244

BigCommerce

OCTOBER 26, 2017

Because you have the opportunity to scale and grow your brand in a new international market –– one that may potentially be in lack of your particular niche. Too many brands launch into a new market without having done their competitive and cultural research or website localization updates. O Boticario: Sniffing Out New Markets.

Payment Services 257

Payment Services Merchant Services Marketing Shipping Costs 257

Fabric

JULY 26, 2023

And according to Multichannel Merchant, out of stock situations cost companies over 10% in lost sales. What merchants can do to get the most out of offering backorders to customers. However, to use Google Merchant Center, businesses need to follow the formatting guidelines to make sure Google understands the data that they submit.

Merchant Services 130

Merchant Services eCommerce Fulfillment Shipping Costs 130

Retail TouchPoints

JUNE 10, 2022

Many retailers today face two major problems: supplier cost increases and overall supply shortages that are driving inflation rates higher than have been seen in at least 40 years. Retailers should also invest in their digital capabilities to better prepare for these supply disruptions in the future. Business-as-Usual Won’t Work.

Merchant Services 193

Merchant Services Retail Supplies Events 193

BigCommerce

MAY 1, 2018

Due to the ease of creating and maintaining an ecommerce shop, as well as the rise of micro-brands, today’s market is riddled with cutthroat competition and decreased customer loyalty. Ecommerce businesses do have the ability to reach a global market, with access to information that brick and mortar retailers don’t have.

Payment Services 412

Payment Services Merchant Services Improvements eCommerce 412

RetailMinded

FEBRUARY 19, 2022

Contributed by Steve Villegas VP, Head of Payment Partnerships for North America. While merchants cannot control offline challenges like supply chain disruption or last-mile delivery issues, they can (and must) shape the digital environment and ensure a seamless checkout process.

Merchant Services 52

Merchant Services Payment Services eCommerce X-cart 52

Retail TouchPoints

DECEMBER 20, 2023

Over three -plus years, I have had the honor of speaking with industry pros who have rich backgrounds in tech, marketing and advertising, operations, finance and so much more. However, retailers’ approaches can vary significantly depending on their goals, product and service offerings, as well as their employees’ behaviors and preferences.

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Retail Supplies Merchant Services Social Media 219

Ecommerce Platforms

JUNE 8, 2020

Joe Ayyoub, the Director of Support Operations at Magento, made it clear that the extension of the EOL is to ease the stress on their merchants. The process will take time—no wonder most users have procrastinated for this long. No Software Support from Payment Providers. Why Switch Before Magento 1 End of Life.

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Magento Merchant Services Payment Services eCommerce 138

Retail TouchPoints

DECEMBER 19, 2022

All of these retailers succeed by building hype around the launch, priming their loyal customers to place their order as soon as the product or service is released. To put this into perspective, Cowen Equity Research has predicted that the sneaker resale market will be worth $30 billion globally by 2030. Bots are available to rent.

Merchant Services 162

Merchant Services Payment Services Shipping Costs Retail 162