Everything You Need to Know About Achieving PCI Compliance [Checklist Included]

BigCommerce

This is particularly because many of us maintain large numbers of (supposedly secure) personal online profiles that afford us a convenient way to deal with recurring monthly or annual payments. How can we be sure that these online service providers, who so readily accept and retain our credit card information, are taking the appropriate measures to secure it? This is the purpose of PCI DSS –– and every retailer is required to comply.

How Online Retailers Can Eliminate Excess Inventory

ChannelAdvisor

It’s a problem that every brand and retailer faces at some point in their lifetime, whether it’s through economic downturns, miscalculating demand or simply investing in the wrong product. Keep in mind, these tips are geared toward retailers (i.e.,

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How Online Retailers Can Eliminate Excess Inventory

ChannelAdvisor

It’s a problem that every brand and retailer faces at some point in their lifetime, whether it’s through economic downturns, miscalculating demand or simply investing in the wrong product. Keep in mind, these tips are geared toward retailers (i.e.,

Three Online Retail Trends And Predictions For 2019

RTP blog

By Monica Eaton-Cardone, Chargebacks911 NRF’s Big Show is the place to be every year for the latest insights and data in the retail sector. Based on what I observed, there a few key trends and predictions to watch for in digital retail in 2019: #1. Taking a hybrid automated/live approach to service is already a popular solution. In fact, about 85% of customer interactions online. will be conducted without a human service provider by 2020.

MoR Partnerships: 5 Ways a Merchant of Record Helps Streamline Online Payments

Scalefast

However, managing payments is so essential that large eCommerce brands typically outsource these financial, regulatory and chargeback concerns to a Merchant of Record (MoR). Most importantly, they are held financially liable by the consumer’s financial institution, not retailers.

How to Recession-Proof Your Online Retail Business Without Raising Prices

Korona

Below are some concrete ideas for protecting your retail business from the recession without raising prices. To determine if a loyalty program is right for your business, you’ll need to answer the following questions: How often do people buy your product or service?

Buy Now, Pay Later: Does it Work for your Online Retail Business?

Retail TouchPoints

consumers have now used a buy now pay later (BNPL) service. . Businesses looking for ways to gain a competitive edge over their competitors have been pushing service advantages into new areas, including alternative payment models. A Win for Merchants Too.

Shippo Review: A Pliable Shipping Solution For SMB Merchants

Ecommerce Platforms

Shippo Review: An Easy-to-use Shipping Solution for SMB Merchants. Do you find order fulfillment as the most twisted and wearisome part of your online business? No matter how weighty the shipping demands are, a merchant needs a pristine solution to work with. More precisely, one which automates nearly each fulfillment process. And to gain traction over your competitors, it takes more than just making your online store go live.

How Online Retail Can Maximize Google Search In Uncertain Times

Retail TouchPoints

The uncertainty created by COVID-19 and the gradually loosening lockdowns mean it’s harder than ever for online retailers to know how and where to focus their energies when it comes to search.

Top 10 Technology Investments Online Merchants In US Are Banking On For 2022

Retail Minded

A new study revealed: Social media marketing (32%), e-commerce software (31%), email marketing (29%), retail operations (26%) and online payments (24%) score highly. 63% of US brands plan to increase investment in retail software in 2022. Customer service (28%).

5 Reasons Growing Brands Should Partner with a Merchant of Record

Scalefast

Brands can make their work simpler by outsourcing many of their eCommerce operations to a merchant of record. A merchant of record (MoR) is responsible and liable for processing secure online payments. eCommerce brands can manage their own merchant account, or they can give this responsibility to a third party. Below are five crucial elements of growth that a merchant of record can own. Merchants of Record Keep Your Brand PCI-Compliant.

The State Of Digital Payments Acceptance In US Online Retail

Forrester's Customer Insights

Amazon Pay, Apple Pay, Google Pay; alternative payments are a hot topic. But which options are merchants offering? Forrester dove into 100 retailer sites to determine the state of alternative-payments acceptance in US online […].

How To Prevent eCommerce Fraud- 10 Proven Tips For Retail Online Merchants

Korona

The COVID-19 pandemic has contributed to an increase in online sales. At the same time, this growth in online sales and other transactions has led to an uptick in e-commerce fraud. See related: 8 Simple Tips to Lower Retail Credit Card Processing Fees.

The Merchant’s Prep Guide to 2020 Holiday Delivery Fraud

Retail TouchPoints

It has been widely reported that the Covid-19 pandemic has led to a boom in online retail. Economists are predicting a flat or modest increase in holiday sales compared to 2019, but they expect a big increase in online holiday shopping. Deloitte projects holiday ecommerce sales to surge by 25% to 35%, amounting to $182 to $196 billion, compared with year-over-year growth online of 14.7% Impact on Merchants.

How online retailers can profit from Singles’ Day and the global shopping festival

GetElastic

billion Cyber Monday online shopping day in the US. Popularized in 2009 by an executive named Daniel Zhang who used the date to promote Tmall, Alibaba’s virtual mall for brands, with just 27 merchants participating. Singles’ Day was aimed to publicize online shopping and encourage sales in the quiet period between Golden Week in China and Christmas. the world’s biggest retail event, three times larger than Cyber Monday 2018, which at $7.9

Is Vertically Integrated Ecommerce The Future of Online Retail?

ecomdash

Amazon is the paradigmatic horizontal ecommerce retailer, selling just about everything that can be sold to consumers. Its fulfillment service is so good that it’s hard for other ecommerce merchants to compete unless they use it too. Of course, Amazon does have competitors, many of which parlayed existing brick-and-mortar dominance and brand recognition into online sales. One answer comes in the form of vertically integrated digitally native retail.

Klarna Reviews: A Checkout Payment Tool

Ecommerce Platforms

If we are to hunt for the most elite ecommerce payment solution in the market, we ought to scrutinize a couple of attributes. Admittedly, any customer is always on the run for a secure checkout payment tool. I need to work with a payment software which connects my clients to diverse facilities. Actually, if we put all the payment alternatives on the table, it's hard to confirm which one, in particular, scores the greatest victory. It helps me avoid late payments.

Lord & Taylor, Men’s Wearhouse Parent Declare Bankruptcy

Retail TouchPoints

Two retailers that have been on bankruptcy watch — Lord & Taylor and Tailored Brands — submitted their Chapter 11 filings on August 2. A joint venture of Hilco Merchant Resources and Gordon Brothers is conducting the liquidation.

8 Reasons You’re Getting High Traffic But Low Conversions in eCommerce Store

MakeWebBetter

There are thousands of other merchants that are sailing on the same boat. Generating traffic but no sales? You’re not the only one. And the worst part is they still don’t know the actual reason(s) behind it. The reason that is stopping your visitors from becoming paying customers?

Shopify Payments Review: The Most Elementary Alternative To 3rd Party Gateways

Ecommerce Platforms

Just like other cardinal sales channels, Shopify’s prevalence in the ecommerce retail sector can’t go unnoticed. So what if I told you that, with Shopify Payments, you don’t need to hang on to 3rd party gateways anymore? This e-commerce sales channel has quite strikingly, stepped up a notch higher in the market via its integrated payment solution. What is Shopify Payments? So why does the Shopify Payments gateway garner quite apparent and stunning popularity? ??

10 Online Business Laws You Need to Know for Internet Selling [Updated 2018]

BigCommerce

After you’ve evaluated your online store idea and have a plan for product sourcing, it’s wise to research the restrictions and regulations that may affect you when opening an ecommerce store. Understanding these issues before you try to start selling online will help you plan wisely and save you time, energy and money. Or, you can use an app to automate much of the process. Also when your sales ramp up, invest in an online shipping tool to automate shipping.

Trends Analysis: The State of Mobile Payment

Scalefast

Debit and credit cards are now the most popular choice for consumers, but even these trusted payment methods are under threat. Electronic and mobile payment solutions are proliferating. What Are the Leading Mobile Payment Providers? It’s not that easy for merchants, however.

Holiday Selling Secrets: Top Tips from Successful Online Retailers and Brands

ChannelAdvisor

Then the growth of online shopping drew droves of purchase-ready consumers to PCs and mobile devices instead of stores. If your online retail relationships have fallen by the wayside, now’s the time to give your partners some overdue attention. As consumers search high and low for gift planning and purchasing, retailer-brand relationships will play a critical role in landing sales. Ensuring brand-retailer relationships stay strong.

How to Create a Checkout Process That Encourages Conversion

Scalefast

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. With Hoos’ points in mind, here are three things a direct-to-consumer brand can do to streamline its checkout process, encourage conversion and reclaim some of those lost sales. This doesn’t make the process more complicated.

Stripe Moving into Point of Sale Transaction Processing

Forrester's Customer Insights

Stripe, one of the leading payment providers for online and platform businesses announced today “Stripe Terminal” to tackle the merchant challenges around in-person payments. Stripe’s solution combines several of the technology components that go into in-person payments and works to abstract the complexity away for merchants and developers. In-person payments are operationally challenging for merchants. […].

Why You Shouldn’t Participate in the eCommerce Race to the Bottom!

Demac Media

It’s hard out there for a retailer. Traditional retail stores are quickly closing physical stores, emptying out malls, and (failing) to try to adapt to the new demands of consumers online. The options and choices are endless online for savvy shoppers looking to save money. To counter this, retailers are trying to keep their competitive edge, by cutting their prices. In fact 81% of shoppers conduct online research before making a big purchase!

eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

The use of cryptocurrencies for online shopping has shown parallel expansion. Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. Even for small online retailers, it’s important that you’re not too late to the game.

How to overcome two of the most common online payment issues

GetElastic

At the end of 2018, ecommerce sales accounted for more than 14% of all retail sales across the globe. But as an ecommerce merchant, there is a lot of nuance to running a successful online store that brings in revenue. Here are two of the most common online payment challenges and how you can overcome them. If you dig into your metrics and find your conversion rate is low, it could be a sign that your checkout process needs to be optimized.

Keeping Up With The Competition: Why eCommerce Merchants Need A Product Management System

ItemMaster

There are so many new businesses, startups, and eCommerce retailers cropping up that consumers now have the pick of the litter. With so many similar companies, products, and services in existence, you cannot risk losing business because your sales platforms are discordant: it could cost you everything. Your online presence plays a major role in your financial success. Commerce has been revolutionized with the advent (and subsequent boom) of the Internet.

Omnichannel Inventory Management & the busy holiday shopping season

Frooition

Customers shifted their consumption almost entirely online when stay at home orders were put in place this spring, which led to an explosion in sales along with supply chain headaches. . Most retailers start with a separate inventory management system for each channel they sell on.

Keeping Up With The Competition: Why eCommerce Merchants Need A Product Management System

ItemMaster

There are so many new businesses, startups, and eCommerce retailers cropping up that consumers now have the pick of the litter. With so many similar companies, products, and services in existence, you cannot risk losing business because your sales platforms are discordant: it could cost you everything. Your online presence plays a major role in your financial success. Commerce has been revolutionized with the advent (and subsequent boom) of the Internet.

ClearSale Review: Will It Protect You From Fraudulent Refund Claims?

Ecommerce Platforms

In North America alone, false refund claims made to ecommerce retailers accounted for a staggering 29% of fraud losses in 2021. ClearSale is an ecommerce fraud prevention solution that assists merchants with tackling the growing risk of ecommerce-related fraud. Customer Service.

E-Commerce Resolutions 2019

Frooition

Amazon are far more impressive as a distribution company than as a retailer, yet they are dominating retail. Amazon’s Prime delivery service has changed e-commerce, and retail as a whole, but Amazon do more than just offer fast and free delivery. A standard free delivery and premium expedited service should be offered by all e-commerce sites in 2019 as a minimum. The biggest advantage of selling online is the easy access to a global market.

New to Retail: BOPIS Free Shipping

OrderDynamics

New to Retail: BOPIS Free Shipping. If you know anything about retail, you know that BOPIS free shipping isn’t new! As an emerging retail trend, BOPIS free shipping is the new free delivery. First of all, for anyone not familiar – BOPIS is the acronym for ‘buy online pickup in-store’ It is also known as in-store pickup, click and collect , store pickup, and BOPUS (Buy Online Pick Up In-store). Retail Trend: BOPIS Free Shipping.

Mailchimp VS Klaviyo for Shopify

Frooition

So, by May 12, any merchants using Mailchimp will need to switch to another mail service. Your product research is doing well, your pixel is trained, and your processes are organised so that you have time to focus on your email marketing. Mailchimp has helped thousands of Shopify merchants to maximise their profits with good email funnels. E-commerce Marketing Shopify online retail shopifyMailchimp is separating from Shopify.

ShopTalk 2018:  Artificial Intelligence in Retail

OrderDynamics

ShopTalk 2018: Artificial Intelligence in Retail. Artificial Intelligence in Retail is definitely one of the key tech themes for the year. But artificial intelligence in retail ran hot among the speaker sessions too. Three points struck me at the show this year: Retail is going through a renaissance (NOT an apocalypse). Customer Service, Customer Service, Customer Service. Artificial Intelligence in Retail is here to revolutionize!

How to write Meta Descriptions for e-commerce

Frooition

However, if you’re anything like many of the many e-commerce merchants we speak to, you may be struggling with meta descriptions. If you’re one of the many merchants selling less glamorous products , you may have a few concerns about whether or not your product or service fits into these parameters for a well-written meta description. Do you offer 24/7 customer service support? Bigcommerce Frooition Marketing Search Shopify online retail

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The Order Fulfillment Process in 2022 and Beyond

Retalon

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. Why is an efficient order fulfillment process important?

Why Competitors Are Not Your Enemies

Frooition

For you as an e-commerce merchant, you rely on design to entice and guide your customers and you shouldn’t under value that. Bad Customer Service Is The Enemy. Customer service is a huge differentiator in e-commerce. Customer service has become so important because there are so many options available to consumers. They don’t need to suffer poor service. So customer service is an area you can win. E-commerce Frooition online retail

4 Emails To Improve Your E-Commerce Turnover

Frooition

Merchants often overlook the potential for it, seeing it as just a delivery email, a common courtesy. Abandon Cart reminder emails remind people who abandon their online shopping carts to go back and complete their purchase. All major marketing campaign and automated email service providers allow you to set up emails like this. E-commerce Frooition Marketing online retailEmail is one of the highest converting forms of e-commerce marketing.

Everything Online Brands Should Know About Amazon Prime

Frooition

Those numbers may be alarming to retailers that can’t afford to offer good shipping options. For instance, their order defect rate has to be low, or their customer service quality has to be high. And what better assurance of quality service than handling fulfilment in Amazon’s own warehouse? By controlling fulfilment and shipping for FBA sellers, Amazon can guarantee a high level of customer service. Amazon E-commerce online retail

Amazon Pay Review (Oct 2020) – Everything You Need to Know

Ecommerce Platforms

The company is responsible for everything from the world’s biggest online marketplace to cloud computing solutions through AWS. Amazon also has its own payment service provider solution called Amazon Pay. This easy-to-use service already has clients like Lenovo and Canon.

Shopify Strikes a Deal with Chinese Ecommerce Giant JD.com to Unlock the Trillion-Dollar Market

Ecommerce Platforms

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.