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Top Risks For Retail Businesses In 2021 (And in The Next Decade)

Retail TouchPoints

The retail industry is widely accepted as one of the leading economic indicators. Lately, the retail sector was shaken by the COVID-19 pandemic. This situation has forced retailers worldwide to adapt to a slew of new consumer demands while juggling a precarious supply chain. million by 2025, up from $431.6

eCommerce 306
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FTC Suit Claims Amazon Illegally Maintains Monopoly Power

Retail TouchPoints

Editor’s Note: This article has been updated since it was published earlier today. history,” said Stacy Mitchell, Co-Executive Director at the Institute for Local Self-Reliance in comments provided to Retail TouchPoints. Amazon’s market power originates online, but it wields that power along every Main Street in America.

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The Key to Keeping Customers Engaged and Combating the Paradox of Choice — Personalization

Retail TouchPoints

While 25% of consumers search and purchase in just one online session, the average purchase typically takes much longer — around 15 days and over six sessions. To guide as many customers as possible to an online shopping experience that is quick and stress-free, here are three strategies brands should employ.

Customer 269
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Four ways that chatGPT enhances omnichannel retail POS

iVend

iVend for Magento ChatGPT is used by retailers to enhance their omnichannel strategy. Learn more about iVend’s leading online retail solutions Read more ChatGPT, developed by Open AI * , is an artificial intelligence model specifically designed to ‘understand’ and respond to human language.

POS 96
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How E-Commerce Retailers Are Winning With Agility

RTP blog

By Roman Kirsch, Lesara Fast fashion has been dealt a blow by the rise of trendy online retailers. But not all e-Commerce retailers are created equally, and not all of them are responsible for the decline of fast fashion. What do agile e-Commerce retailers look like and how do they operate?

eCommerce 150
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What Fighting Digital Commerce Fraud has in Common with Maslow’s Hierarchy of Needs 

Retail TouchPoints

Online fraud cost digital commerce merchants $27 billion in 2021 , so it’s no surprise that retailers have redoubled their focus on eliminating these threats. So, how does Maslow’s pyramid relate to online fraud? Media articles abound about the skyrocketing marketing dollars required to woo new consumers.

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Selling on eBay: A Beginner’s Guide for Online Retailers

SellBrite

Including quality images isn’t only visually appealing to buyers, but there’s also a science to it, as detailed in this FollowUp article. The post Selling on eBay: A Beginner’s Guide for Online Retailers appeared first on Sellbrite. Write an item description that’s clear and concise.