Retail TouchPoints

NOVEMBER 4, 2021

Prices have been scaling throughout the entire year, and for the most part, consumers seem to be absorbing those costs. They’re taking these higher prices and factoring that into their purchasing, and instead prioritizing the acquisition of goods.”. Shortages and Sticker Shock Heighten Holiday Stress.

Shipping Costs 264

Shipping Costs Consumer Supplies Merchant Services 264

Retail TouchPoints

JULY 5, 2022

Then, once basic digital offerings were in place, merchants began to consider how to make these ecommerce advancements permanent in preparation for the “New Normal.”. At the height of the pandemic, standing up services like curbside pickup, BOPIS and a frictionless digital experience quickly was all that mattered.

Shipping Costs 305

Shipping Costs eCommerce Retail Merchant Services 305

Groove

APRIL 1, 2022

Consumer packaged goods (CPGs) are fast-moving products that are sold quickly at a reasonably low price. In this guide, we’re outlining the importance of a few variables — packaging, shipping and fulfillment — as well as strategies to help your eCommerce store drive CPG growth. What are Consumer Packaged Goods? Read on for more!

Merchant Services 195

Merchant Services Consumer Shipping Costs Drop Ship 195

SellBrite

MAY 11, 2021

When paying for products, customers prefer stores that make the payment process easy and smooth. So the importance of having a payment gateway that makes checking out uncomplicated cannot be overemphasized. Payment gateways are platforms, like PayPal, Square, and Stripe, that process credit card payments for ecommerce sites.

Payment Services 153

Payment Services Merchant Services Payments Shopify 153

lateshipment

NOVEMBER 27, 2022

Consider this scenario: a customer walks into a brick and mortar store, picks the items they need, proceeds to the billing counter to checkout but finds the process complicated or inefficient. As an e-commerce merchant, you don’t want a potential customer to quit half-way through a purchase.

eCommerce 130

eCommerce Merchant Services Shipping Costs Payment Services 130

ESW

APRIL 8, 2024

Last mile delivery, the final stage of the logistics process from a distribution centre to the end customer, presents significant challenges for retailers. This crucial phase plays a pivotal role in shaping customer satisfaction, operational costs and overall business profitability. and provides competitive opportunities to outsource.

Shipping Costs 78

Shipping Costs Merchant Services Operations Shipping 78

Smile.io

SEPTEMBER 19, 2023

In the ever-evolving landscape of ecommerce, building a profitable pricing strategy is like orchestrating a symphony that can significantly impact your success. Nowhere is this more evident than on popular online marketplaces, where the art of pricing can make or break your business.

Shipping Costs 83

Shipping Costs Merchant Services Arts Shopify 83

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.

Shipping Costs 268

Shipping Costs Payment Services Merchant Services Payments 268

ESW

JUNE 3, 2019

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.

Merchant Services 102

Merchant Services Payment Services Shipping Costs eCommerce 102

Ecommerce Platforms

OCTOBER 10, 2022

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. A Note on CBD Compliance. Table of contents. What is CBD?

Merchant Services 197

Merchant Services Payment Services Payments Shopify 197

Retail TouchPoints

SEPTEMBER 30, 2021

Happy Returns by PayPal has teamed with Staples US Retail to offer the Happy Returns in-person service, adding more than 1,000 Staples retail locations to its return service. More than 10% of all purchases are returned, according to the same study. ” PayPal acquired Happy Returns in May.

PayPal 251

PayPal Merchant Services Small Business Retail Shipping Costs 251

Ecommerce Platforms

FEBRUARY 16, 2023

So, integrating the two could unlock a wealth of benefits for online merchants. But first, you should know that Amazon provides all kinds of perks for online merchants , including: Fulfillment by Amazon (FBA) : This service warehouses your products in Amazon's fulfillment centers. Cue the Shopify Amazon integration.

Shopify 104

Shopify Merchant Services Payment Services Shipping Costs 104

Ecommerce Platforms

AUGUST 6, 2022

This outsourcing of the fulfillment process works by sending products to the 3PL, where they store, pick, package, and ship the items as orders come in through your store. When analyzing fulfillment options, we’re looking into the types of services offered by each 3PL. Fulfillment Options: ShipBob vs Red Stag Fulfillment.

Fulfillment 104

Fulfillment Shipping Costs Merchant Services Shipping 104

OrderDynamics

APRIL 30, 2019

FAQ: Retail Ship-To-Store. Retail ship-to-store is an option merchants can use to provide in-store pickup services. In a basic form, retail ship-to-store resembles a full BOPIS (buy online pickup in-store) offering. BOSS is the short form for buy online ship-to-store (BOSS). Q: What is BOSS?

Shipping Costs 61

Shipping Costs Shipping Merchant Services Retail 61

Ecommerce Platforms

JUNE 20, 2022

You may initially start thinking about the downsides like the fact that you might have to ship out thousands or millions of curated boxes, making for a rather expensive endeavor. Or maybe you're worried about thinking of a product or service that people are willing to pay for on a monthly or yearly basis.

Subscription 220

Subscription Shipping Costs Merchant Services Payment Services 220

Optimizely

OCTOBER 29, 2020

However, to completely maximize a site’s potential, it might be necessary to leverage the conversion rate optimization services of an eCommerce development agency. If merchants want to get some quick wins in helping them to increase their conversion rates, check out these 10 simple strategies for more sales. Showcase Shipping Costs.

Merchant Services 284

Merchant Services eCommerce Shipping Costs Shipping 284

Fabric

MARCH 14, 2023

From managing more SKUs across multiple sales channels, to more intricate and sophisticated order management operations, to complex post-purchase processes, scaling operations in the lightning quick and rapidly changing fashion and apparel industry is fraught with risks and pitfalls.

Apparel 130

Apparel Fashion Shipping Costs Merchant Services 130

OrderDynamics

JULY 9, 2019

FAQ: Retail Ship-from-Store. For this post, we answer frequently asked questions that have come from readers and Google search queries around Retail Ship-from Store. Retail ship-from-store is a smart way retail chains can fulfill customer orders. Q: Why is Retail Ship-from-Store Important?

Shipping Costs 50

Shipping Costs Shipping Merchant Services Retail 50

Retail TouchPoints

JANUARY 26, 2021

Meanwhile, for merchants that had already built their businesses online before the pandemic, a larger addressable market buoyed most, but created scalability challenges for all (including Amazon). A range of delivery speeds and costs (Advantage: multi-carrier shippers). One-third think seven-day free shipping is ‘acceptable.’

Consumer 312

Consumer Shipping Costs Shipping Small Business Retail 312

BigCommerce

APRIL 18, 2017

Here is that full list: 61%: Extra costs (shipping, taxes, fees) were too high. 27%: The checkout process was too long or complicated. 24%: Couldn’t see or calculate total order cost up-front. 8%: Didn’t see their preferred method of payment.5%: 27%: The checkout process was too long or complicated.

Merchant Services 413

Merchant Services Payment Services Payments BigCommerce 413

Retail TouchPoints

NOVEMBER 12, 2021

It took Shopify merchants nearly 15 years to reach a cumulative GMV of $200 billion. I think a world without independent brands and independent merchants and local stores is a very boring world and a very boring landscape for commerce. RTP: Shopify recently released a study on the state of local retail in the U.S.

Shopify 251

Shopify Merchant Services Shipping Costs eCommerce 251

Groove

FEBRUARY 8, 2020

One of the most immediate, high impact eCommerce strategies to increase online sales is optimizing the checkout process. There are two ways to consider speed within the checkout process. The last thing you want is for customers to browse your website, get to the checkout page, and then realize the checkout process takes way too long.

eCommerce 293

eCommerce Merchant Services Shipping Costs Shopping Carts 293

ESW

JUNE 1, 2023

ESW Case Study ICONIC US FASHION BRAND. They selected ESW because of the company’s experience in localization in over 200 markets, its speed to market capability, and the bespoke capabilities ESW was able to provide for the company, such as a ‘ship from store’ solution.

Fashion 60

Fashion Shipping Costs Merchant Services Omnichannel 60

BigCommerce

NOVEMBER 16, 2017

Putting an effective ecommerce shipping strategy in place is one of the most impactful steps you can take to grow your business online. Of course, while shipping can be a powerful point of differentiation for your brand, it’s important to make sure that your company can actually act on the strategy. Ecommerce Shipping Best Practices.

Shipping Costs 420

Shipping Costs Shipping Merchant Services eCommerce 420

Retail TouchPoints

JUNE 10, 2020

However, unchecked abuse of returns policies can put a merchant out of business: 54% of the merchants surveyed in a study conducted on behalf of Forter indicated that they lost more than $5 million in revenue each year due to returns abuse. Processing legitimate returns can negatively impact a retailer’s bottom line.

Shipping Costs 153

Shipping Costs Merchant Services eCommerce Accessories 153

Ecommerce Platforms

JANUARY 5, 2023

If you’ve been around the block of ecommerce, you likely know just how vital shipping is. So, now customers expect shipping times of just a few days and often expect low-cost or even free shipping. This is where fulfillment solutions for smoother, faster, and easier shipping come into their own. Go to the top.

Merchant Services 39

Merchant Services Fulfillment Payment Services Shipping Costs 39

SellBrite

JULY 7, 2017

You’re actually one of many ecommerce merchants who are still using traditional approaches to determine what to source and where to sell it. According to a study by IHL Group, in 2015 overstock cost retailers more than $1 trillion globally. Discerning Product Demand & Expenses. If so, you’re not alone.

Shipping Costs 160

Shipping Costs eCommerce Merchant Services Multichannel 160

Ecommerce Platforms

OCTOBER 7, 2021

Mail order catalog companies like CompuCard partnered with larger retailers like JCPenney and Sears to sell their products at a markup, so a brand like Sears would store, package, and ship items to the CompuCard customers, but only when a purchase came through (just like on-demand dropshipping). The shipping costs are often too high.

Shipping Costs 104

Shipping Costs Payment Services Merchant Services Shipping 104

Korona

AUGUST 17, 2022

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.

Shipping Costs 52

Shipping Costs Payment Services Payments Small Business Retail 52

ESW

AUGUST 10, 2020

The 2018 True Cost of Fraud Study by LexisNexis found that retail fraud attempts had increased by almost one-third over the course of a year. Another study by Juniper Research estimates online merchants will lose more than $25 billion to fraud in 2024, up from $17 billion in 2020. Look closely at the shipping destination.

Payment Services 148

Payment Services Merchant Services eCommerce Shipping Costs 148

ESW

FEBRUARY 5, 2020

“Failing to meet compliance regulations in a country you’re attempting to expand into can not only put a halt to your expansion plans, but also create additional costs in your home country,” they write. retailers looking to enter foreign eCommerce markets is currency and payment processing.

Payment Services 103

Payment Services Merchant Services Shipping Costs Payments 103

GetElastic

NOVEMBER 23, 2021

Social commerce – the use of social networks to promote and sell products and services – is gaining significant ground in particular. Overall, studies show 47% of boomers have increased their digital spending since the beginning of the pandemic. As prices rise, U.S. It may be too late to establish all new shipping partners.

Payment Services 148

Payment Services Merchant Services eCommerce Payments 148

Algopix

SEPTEMBER 19, 2022

Then, and only then, will you address the problems in your checkout process to boost your sales. But while they begin the checkout process, they soon drop out of the checkout flow. It might have to do with the website, checkout process, pricing, personal reasons, and more. Unexpected Cost.

Shopping Carts 78

Shopping Carts Merchant Services Payment Services Shipping Costs 78

ESW

APRIL 5, 2023

One study showed that an ecommerce website page that loaded in 1 second had a conversion rate 2.5 Payment acceptance rate Few things are more frustrating for a customer than to have their payment denied. If your payment acceptance rate from the last peak selling season is low, now is the time to evaluate your options.

Channel 78

Channel Merchant Services Payments Payment Services 78

Kibo

MARCH 17, 2023

90% of consumers view 2-3 day shipping as a baseline expectation. At the same time, costs continue to increase. BOPIS offers customers the convenience of online shopping with the added benefit of being able to avoid shipping fees and wait times. Expectations for delivery times continue to shrink.

Fulfillment 62

Fulfillment Operations Shipping Costs Merchant Services 62

RTP blog

AUGUST 23, 2019

Cost savings are another key driver — the BOPIS retail model presents cost saving opportunities for both the retailer and the consumer. More and more consumers are choosing to pick up in-store to save money and avoid the high shipping costs of next-day delivery. Simplified returns processes.

Merchant Services 150

Merchant Services Marketing Retail Shipping Costs 150

ESW

MARCH 23, 2020

Business-as-a-service providers are great partners for growing DTC brands. Typically, selling more products will require more warehousing space and more staff, both of which significantly increase overhead costs. This lowers overheads and keeps costs predictable. Software alone isn’t enough, however.

Merchant Services 78

Merchant Services Payment Services Shipping Costs eCommerce 78