Retail TouchPoints

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. The malfunctions of these systems in retail food stores happen unexpectedly and can lead to food spoilage, energy overconsumption, and loss of revenue.

Food and Beverages 214

Food and Beverages Payment Services Retail Payments 214

Retail TouchPoints

OCTOBER 11, 2021

Michaels will launch a marketplace for third-party craft supply sellers, though no debut date has been set. The retailer also is currently seeking third-party solution providers in areas including payment processors, order management and shipping and fulfillment. We’re not reverting back to no technology.”.

Payments 256

Payments Payment Services Drop Ship Order Fulfillment 256

RetailMinded

MAY 15, 2024

Key Takeaways: IT risk consulting strengthens a retail business’s cybersecurity posture by evaluating vulnerabilities, setting up advanced security protocols, and creating incident response strategies. This can involve security audits, penetration testing, and reviewing compliance regulations. What Is IT Risk Consulting?

Payment Services 52

Payment Services Retail Payments Technology 52

Retail TouchPoints

MAY 22, 2024

MKM Building Supplies is one of the leading home improvement purveyors for both commercial and DIY customers throughout the United Kingdom, known for its personal touch and localized offerings. Definitely, but also challenging, not least because of MKM’s unique business model.

Improvements 206

Improvements Payment Services Payments Retail 206

Retail TouchPoints

APRIL 3, 2023

Retail operations are an increasingly popular target for cybercriminals. The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. Better security hygiene and processes can help close the gap. Active Directory (AD).

Payment Services 233

Payment Services Payments Retail Operations 233

Retail TouchPoints

SEPTEMBER 29, 2021

While subscriptions have been an option for consumers in a number of retail environments — from apparel and pet supplies to media consumption — the COVID-19 pandemic accelerated the adoption of subscriptions in a variety of industries that turned to payment technology to adapt their business.

Subscription 258

Subscription Payment Services Payments Automotive 258

RTP blog

OCTOBER 14, 2019

In theory, the emergence and rapid deployment of technologies such as VR/AR and the Internet of Things (IoT) enable retailers to more easily embrace a digital approach, because they create immersive and personalized experiences much faster and easier than ever before.

Payment Services 150

Payment Services Payments Omnichannel Retail 150

Retail TouchPoints

AUGUST 17, 2023

Whether it’s the food and beverage sector, apparel and footwear or automobiles, direct-to-consumer businesses are grappling with the consequences of shifting consumer behaviors against the backdrop of an unpredictable global supply chain. These businesses find themselves at a demanding intersection.

Consumer 202

Consumer Payment Services Food and Beverages Supplies 202

Algopix

DECEMBER 17, 2023

In the dynamic and ever-evolving landscape of e-commerce, the paradigm of multichannel selling has emerged as a transformative and indispensable strategy for businesses striving not only to broaden their market presence but also to fortify their bottom line through augmented sales and diversified revenue streams.

Multichannel 92

Multichannel Payment Services Shipping Costs eCommerce 92

Algopix

JULY 9, 2023

Inventory management plays a critical role in the success of any business. Efficiently managing inventory levels, tracking stock movements, and streamlining order fulfillment processes are essential to meet customer demands and stay ahead of the competition. Inventory management is the backbone of successful businesses.

Payment Services 98

Payment Services Operations eCommerce Platforms Management 98

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. 26-30, you’re automatically registered to listen to the entire series.

Shipping Costs 229

Shipping Costs Payment Services Merchant Services Payments 229

Retail TouchPoints

JUNE 23, 2022

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology. To meet demand and avoid supply chain-related shortages, some major retailers are bulking up their inventories now.

Payment Services 249

Payment Services eCommerce Payments Retail 249

MagentoBrain

MAY 4, 2023

It is a cloud-based solution that provides users with the ability to collect, analyze, and interpret data from their online store, allowing them to make informed decisions and optimize their operations. This allows businesses to track sales, inventory, and customer data from their online store.

Magento 52

Magento Payment Services Payments eCommerce 52

Retail TouchPoints

JULY 30, 2020

Where large retail chains and brands may have cash reserves of up to six to nine months, most suppliers typically have only enough operating capital for 30 to 60 days. Many of these suppliers, hit hard by the shock waves of the pandemic, have ceased operations and will never reopen. Digital Transformation In The Post-Pandemic World.

Payment Services 267

Payment Services Retail Fashion Shipping Costs 267

Retail TouchPoints

SEPTEMBER 21, 2021

The 15 sessions covered a wide range of topics, so to make it easier to browse we’ve organized the sessions into four categories: Holiday 2021 forecasts and how best to prepare for 2022; Building loyalty with connected consumer experiences; Key ecommerce and digital marketing trends; and Embedding innovation within your retail organization.

Payments 205

Payments Payment Services Customer Experience Social Media 205

Retail TouchPoints

JULY 29, 2020

To accomplish this, operational models need to be adapted quickly. Predicting what’s to come isn’t easy, but having a robust network infrastructure in place would allow retailers to deploy new services rapidly when they’re ready to add them — regardless of where stores are located, or how long they’ve been established.

Payment Services 183

Payment Services Payments Retail Social Media 183

Retail TouchPoints

JULY 26, 2021

A tech stack is the ecosystem of hardware and software platforms needed to manage the DTC order fulfillment process from end to end. These systems have to integrate with your shopping platform on the front end, your fulfillment operations in the middle and your financials and supply chain operations (or ERP if applicable) on the back end.

Payment Services 269

Payment Services Fulfillment Web Design B2B 269

Fabric

JUNE 7, 2023

But with challenges arising from supply chain disruptions, warehousing limitations, and rising labor costs, retailers are grappling with how to effectively manage the expected surge in demand for furniture. Inspired Home prides itself on its efficient, customizable distribution process via dropship bundles and bulk freight orders.

Supplies 130

Supplies Shipping Costs Payment Services eCommerce Platforms 130

Fabric

JUNE 7, 2023

But with challenges arising from supply chain disruptions, warehousing limitations, and rising labor costs, retailers are grappling with how to effectively manage the expected surge in demand for furniture. Inspired Home prides itself on its efficient, customizable distribution process via dropship bundles and bulk freight orders.

Supplies 130

Supplies Shipping Costs Payment Services eCommerce Platforms 130

Fabric

JUNE 7, 2023

But with challenges arising from supply chain disruptions, warehousing limitations, and rising labor costs, retailers are grappling with how to effectively manage the expected surge in demand for furniture. Inspired Home prides itself on its efficient, customizable distribution process via dropship bundles and bulk freight orders.

Supplies 130

Supplies Shipping Costs Payment Services eCommerce Platforms 130

ecomdash

AUGUST 9, 2018

Blockchain technology is becoming the driving force for global financial transactions. With worldwide ecommerce revenue set to hit the $135 billion mark by 2023 , the adoption of blockchain technology isn’t just a passing idea anymore. But, how is blockchain technology shaping ecommerce? What is Blockchain Technology?

Payment Services 76

Payment Services Technology eCommerce Cryptocurrencies 76

Retail TouchPoints

JUNE 17, 2022

There are many operational efficiencies and synergies. So fast forward to today and we have approximately 96 active aggregators operating globally. Earnout payments are important pieces of the acquisition price jigsaw. An earnout could also be structured as deferred payments, stability payments or performance payments.

Payment Services 253

Payment Services Payments Operations Workshop 253

Retail TouchPoints

JANUARY 17, 2023

Revenue at The Edit LDN has been growing faster than 500% annually over the past two years as the marketplace rides the momentum of the $30 billion sneaker resale market, which has been seeing 5% annual growth as a whole.

Payment Services 150

Payment Services Payments Supplies Events 150

BigCommerce

FEBRUARY 13, 2018

In fact, growth projections estimate that by 2022, ecommerce revenues will exceed $638 billion in the U.S. Essentially, ecommerce (or electronic commerce) is the buying and selling of goods (or services) on the internet. One of the earliest forms of ecommerce is the C2C ecommerce business model. Consumer-to-Business (C2B).

eCommerce 417

eCommerce Payment Services Small Business Retail Shipping Costs 417

GetElastic

NOVEMBER 23, 2021

Ongoing supply chain issues, continued disruption from the pandemic, worker shortages and consumer habits that have changed forever have forced ecommerce brands to operate in new ways in 2021. Social commerce – the use of social networks to promote and sell products and services – is gaining significant ground in particular.

Payment Services 148

Payment Services Merchant Services eCommerce Payments 148

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. How-to tutorials offer step-by-step guides on making a success of a resale operation. Resellers’ Operations Slow Retailers’ Progress. Bots are available to rent.

Merchant Services 162

Merchant Services Payment Services Shipping Costs Retail 162

GetElastic

SEPTEMBER 9, 2022

Supply Chain Crisis & Product Catalog Management. With an international supply chain crisis fueled by a global pandemic, the public is left with empty shelves and shortages, plus skyrocketing prices when they do find comparable products. However, in the fear of delivery delays, supply chain vendors add fuel to the fire themselves.

Supplies 78

Supplies Management Shipping Costs Payment Services 78

Retail TouchPoints

AUGUST 23, 2021

The turmoil also proved that mobile technology enables needed flexibility in times of disruption and drives superior customer experiences that make retailers more competitive. To meet these demands quickly and seamlessly, the technology behind the scenes matters. Retailers aren’t alone. ” What’s Next?

Mobile 260

Mobile Payment Services Technology Payments 260

GetElastic

SEPTEMBER 2, 2019

Since the iBeacon and location technologies like geofencing came into play with their powerful ability to connect the in-store shoppers contextually, the retail space has been open to leveraging such technologies. Ocado back in 2016 started an automated packaging service by using a wireless control system. Supply Chain Security.

Payments 153

Payments Payment Services eCommerce Supplies 153

Fabric

MARCH 24, 2023

First introduced in the 1960s to support shipment supply chains in the US military, it is a system of exchanging business documents electronically between different companies, organizations, or trading partners. The resulting EDI document is then transmitted via a connection with a business partner.

EDI 130

EDI Shipping Costs Payment Services Document 130

Kissmetrics

MARCH 17, 2021

Paying less to acquire the products you sell can result in higher gross revenue figures and bigger profits, even when the amount of product you sell stays the same. Indirect costs are all the other expenses incurred when you manufacture products that aren’t tied directly to the process. It’s also worth clarifying what COGS is not.

Shipping Costs 265

Shipping Costs Payment Services Payments eCommerce 265

Fabric

JULY 13, 2023

During the COVID-19 pandemic, enterprise omnichannel retailers faced notable challenges (and opportunities) due to disruptions in the supply chain. In this article, we will delve into the key components, technologies, and steps involved in successfully implementing omnichannel fulfillment for enterprise businesses.

Omnichannel 100

Omnichannel Fulfillment Payment Services Shipping Costs 100

Retail TouchPoints

SEPTEMBER 29, 2020

Session topics ranged from ramping up touch-free in-store technologies to strengthening supply chains and getting the most out of marketplaces. As a result, many retailers must move beyond manual processes to calculate their sales tax obligations. Shoring Up Overstretched Supply Chains.

Webinar 245

Webinar Payment Services Shipping Costs Retail 245

BigCommerce

AUGUST 17, 2018

For Tahnee Elliott, identifying and servicing her primary market was especially easy. We ended up with an SEO-friendly version: US Paint Supply. Ideally, your inventory or services should be strategically chosen to appeal to a broader audience—especially when you’re just starting out. How will they find your website?

Payment Services 357

Payment Services Shipping Costs eCommerce Payments 357

Retail TouchPoints

NOVEMBER 28, 2023

As Santa and his elves get down to business at the North Pole, there is another factory ramping up production a bit closer to home. PersonalizationMall.com ‘s factory ranks have swelled from 500 to 4,000 employees and the facility is now operating 24/7 to create 150,000 items a day — each of them unique.

Workshop 212

Workshop Payment Services Gifts Technology 212

RetailMinded

MARCH 2, 2022

Some even perform critical tasks to complete the entire retail process. But can Robotic Process Automation (RPA) take retail automation to the next level? The retail industry has been employing RPA to smoothen its operations and gain growth momentum to overcome multiple problems. That’s where robotic process automation can help.

Payment Services 52

Payment Services Retail Supplies Operations 52

GetElastic

NOVEMBER 3, 2021

Or alternatively, why make them wait in line at a store to check out just because legacy technologies make it hard to give consumers what they want, when they want it? In an age of the digitally-empowered customer, delivering great digital experiences is an essential strategy and business imperative. Experience” is the keyword here.

Mobile 146

Mobile Payment Services Payments POS 146