365 Retail

AUGUST 4, 2022

Staying on trend with hot new technologies can help your business stay current and boost your consumer engagement and sales. Technology is constantly evolving to improve business processes, create consumer solutions, and provide adaptable and convenient service. Contactless card machines are becoming the new normal.

Merchant Services 57

Merchant Services Technology Payment Services Payments 57

Retail TouchPoints

FEBRUARY 27, 2024

A study by IBM Security found that the average cost of a data breach in 2023 was $4.24 This includes implementing robust security protocols, regular system audits, employee training and investing in advanced cybersecurity technologies. million, underscoring the significant financial impact of such incidents.

Payment Services 229

Payment Services Retail POS Operations 229

Retail TouchPoints

NOVEMBER 3, 2021

As it did with many other aspects of retail, COVID-19 gave a major boost to touchless technology applications — and enthusiasm for these solutions will continue even after the pandemic has waned, according to Greg Buzek, Founder and President of IHL Group. of all in-store sales and the GDP of Canada.

Payment Services 324

Payment Services Shipping Costs Electronics Fulfillment 324

Retail TouchPoints

JUNE 7, 2021

A recent study from Adobe revealed that online spending grew by $183 billion in 2020 , highlighting the tremendous impact of the pandemic on shopping habits. . Americans are on track to spend $1 trillion in ecommerce by 2022, according to Adobe’s study. Build a Tech Stack that Opens the Door to More Candidates.

Supplies 258

Supplies Retail Fulfillment Point of Sale 258

Retail TouchPoints

APRIL 11, 2024

We are past the point of conjecture about whether AI will upend the retail industry; it already has. In a recent study sponsored by Nvidia, 69% of retailers that used AI in 2023 reported that it increased revenues, and 72% said it reduced operating costs. AI will personalize storefronts.

Retail 249

Retail Mobile Consumer Operations 249

Retail TouchPoints

JULY 30, 2020

Responding to an escalating demand for contactless payment options, CVS Pharmacy will offer PayPal and Venmo QR code technology, enabling customers to check out touch-free in all 8,200 stand-alone CVS Pharmacy locations in the U.S. The program is scheduled to roll out nationwide in Q4.

PayPal 222

PayPal Payment Services POS Technology 222

Retail TouchPoints

JUNE 8, 2020

Near-field communication (NFC) is similar to radio-frequency identification (RFID) technology, except that NFC only allows devices to connect and share information if they’re within about four inches of each other. Although it seems like nonporous plastic credit cards might be cleaner, one study found that cards are dirtier than cash.

Payment Services 206

Payment Services Consumer Vend Point of Sale 206

Retail TouchPoints

AUGUST 11, 2023

On most tablet-based point-of-sale systems, you can customize the tip percentages your customers choose from on the tip screen. Our study shows that customers are just as likely to tip while being watched (and potentially judged) as they are when given privacy at checkout. Give customers privacy when tipping.

Consumer 174

Consumer Payment Services Point of Sale POS 174

RTP blog

APRIL 27, 2018

However, retailers are facing new disruptive realities from three major influences: omnichannel experience, the growing Millennial workforce and innovative technology. Technology enables these omnichannel experiences and differentiates innovative retailers with the status quo.

Omnichannel 150

Omnichannel Retail Toys Technology 150

iVend

MARCH 14, 2023

A recent study of what shoppers want from the instore experience + concluded that ‘expectations of the face-to-face experience have been raised over several years in which customers have been pushed further online’. What are the things to look for in a mobile point of sale device?

POS 97

POS Point of Sale Mobile Payment Services 97

Retail TouchPoints

JUNE 3, 2020

COVID-19 has accelerated the contactless revolution: 84% of Americans ( 77% among global consumers) now expect to increase their use of touchless technologies to avoid physical contact for the remainder of the pandemic, with 55% ( 63% globally) planning to continue doing so afterward, according to a survey by Capgemini.

Mobile 218

Mobile Payment Services Technology POS 218

Retail TouchPoints

APRIL 27, 2021

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Another danger for consumers using point-of-sale loans is a temptation to overspend. over the five years through 2024-25, to $1.1 billion, according to IBISWorld.

Merchant Services 130

Merchant Services Payment Services Payments Consumer 130

RTP blog

JULY 7, 2019

According to a study by Ghost Data , which used logo-recognition technology combined with hashtags and keyword searches to scan about four million Instagram posts, almost 56,769 accounts were involved in counterfeiting activities in 2019, compared to 20,882 accounts in 2016.

Social Media 150

Social Media eCommerce Point of Sale Operations 150

Ecommerce Platforms

SEPTEMBER 1, 2022

Finding a Point of Sale system that’s both affordable and feature rich is a crucial task. A Point of Sale system, or POS, is the solution you use to process payments, manage business functionality, and even track insights in a brick-and-mortar environment. Remember, different tools are intended for specific purposes.

POS 197

POS Payment Services lightspeed Payments 197

Retail TouchPoints

NOVEMBER 11, 2021

On the same day, Devora Rogers of market research consultancy Alter Agents shares results from the firm’s new study, including the depths of shopper “promiscuity” as customer loyalty fades and consumers constantly examine new options. These breakthrough technologies have the potential to reshape both consumer and business transactions.

Merchant Services 280

Merchant Services Cryptocurrencies Payments Payment Services 280

365 Retail

MAY 18, 2022

Leveraging its extensive expertise in RF/RFID technology, and experience working with some of the world’s most prestigious drinks brands, Checkpoint Systems has developed a complete RFID solution that provides highly accurate traceability from source to shop. . 1] Euromonitor Global Alcohol Study. [2]

Marketing 52

Marketing Supplies POS Technology 52

365 Retail

JANUARY 12, 2024

Flashback to 1994: databases and ERP systems, first commercial websites, mobile phones with colour displays, CD-ROMs, Java as a programming language or the new Windows 95 operating system with a GUI were all highly topical technologies that also kept the companies at EuroCIS busy. And mobile payment by smartphone is also picking up.

Payment Services 62

Payment Services Mobile Payments Banking POS 62

Korona

SEPTEMBER 29, 2022

Omnichannel Sales . Keep in mind that, while using multiple channels of sales is optimal for revenue, it requires a robust point of sale and inventory management system. These transactions are facilitated through a technology called near field communication, or NFC. Then, voila!

Payment Services 52

Payment Services POS Point of Sale Food and Beverages 52

Korona

JANUARY 1, 2023

Studies show that tidier and properly designed workplaces help reduce stress, increase focus, and improve efficiency. But you can also give your work-life a boost by utilizing automated technology , planning ahead of time, and stopping to self-inspect. But equally important is using technology for tracking and synching counts.

Small Business Retail 52

Small Business Retail POS Point of Sale Document 52

Retail TouchPoints

AUGUST 17, 2020

In today’s rapidly changing world driven by technology innovation and customer behaviour change, the competition is tougher, margins are tighter and every penny counts. Sometimes it takes a fresh set of eyes and efficiency work study measurement to create fresh insight on your operation and a robust business case for change.

Retail 177

Retail Operations Travel Leisure 177

Retail TouchPoints

FEBRUARY 10, 2022

She has developed a new technology-driven retail format , increased penetration of the company’s proprietary brands, expanded the business into Asia and launched the company’s first-ever franchising model. There recently was a McKinsey study about why people are leaving. That’s our goal.

Beauty and Health 282

Beauty and Health POS Mobile Management 282

Retail TouchPoints

NOVEMBER 10, 2023

“We’re extending Instacart’s advertising technology, products, services and talent to our retail partners to leverage on their owned and operated ecommerce sites,” explained Ryan Mayward, Head of the Ads Business at Instacart in an interview with Retail TouchPoints.

Retail 249

Retail Social Media Multi-channel Channel 249

Groove

OCTOBER 6, 2020

Prior to enlisting our team's help, Perform Group used outdated technology, managed their own servers in Magento, and needed a better platform to run their eCommerce solution on. Before working with the Groove Commerce team, Perform Group ran into many issues when it came to accurately tracking inventory and processing and fulfilling orders.

B2B 221

B2B Operations BigCommerce eCommerce 221

GetElastic

MAY 4, 2022

As an agency it’s critical to be at the forefront of technology, with every resource at your disposal to deliver on your client’s expectations. In a recent Gartner study , 84% of respondents indicated there can be more than twelve primary leaders of a digital commerce initiative. Today’s customer demands it.

Multi-channel 78

Multi-channel Payment Services Payments Games 78

Korona

FEBRUARY 17, 2023

All types of retail businesses can benefit from technological advancements. RFID is a wireless tracking communication technology. These readers can also be utilized at the point of sale to count all of the items in a basket at once. RFID Technology In Retail: How Does It Differ From Regular Barcodes?

Small Business Retail 52

Small Business Retail Retail POS Point of Sale 52

iVend

JULY 8, 2022

Customer experience in retail is at the heart of what keeps customers coming back.Forbes reports on a study in which 90% of consumers said they are more likely to return to a retail store if they have had a positive experience. iVend Customer Facing Display iVend’s retail technology delivers an outstanding customer experience.

Customer Experience 52

Customer Experience Customer POS Customer Retention 52

Groove

OCTOBER 6, 2020

Prior to enlisting our team's help, Perform Group used outdated technology, managed their own servers in Magento, and needed a better platform to run their eCommerce solution on. Before working with the Groove Commerce team, Perform Group ran into many issues when it came to accurately tracking inventory and processing and fulfilling orders.

BigCommerce 210

BigCommerce B2B Operations Magazine 210

Retail TouchPoints

MARCH 25, 2021

By 2022, regulations designed to protect consumer privacy and major technology companies will require users’ explicit permission to share and use data generated from digital interactions. In a study from Liveclicker and Sailthru, 62% of respondents said it’s important that brands personalize their retail experience online and in-store.

Retail 261

Retail Consumer Social Media POS 261

iVend

MAY 20, 2024

Many retailers therefore see a POS system upgrade as a necessity, and in a recent study, 60% said that POS replacement was their top priority. One of the ways they can do this is by ensuring that they’re embracing integrated wine and liquor store POS technology.

POS 52

POS Payment Services Payments Small Business Retail 52

Kissmetrics

JANUARY 6, 2021

With technology evolving rapidly, people have found it more convenient to do their shopping and other transactions online. The best part of first-party data is that it’s collected right at the point of sale, giving you better insight into buyer behavior. The marketing and advertising industry is a fast-paced industry.

Retail 362

Retail eCommerce Banking Customer Data 362

Korona

AUGUST 12, 2022

By making the most of your point of sale data, you can leverage shopper information, turning it into actionable insights. . Springbig offers a cloud-based customer management technology suite for dispensaries. Their platform has a proven track record of 15-25% increased retention rate. . Loyalty And Rewards.

Customer Loyalty 52

Customer Loyalty POS Customer Retention Point of Sale 52

ecomdash

NOVEMBER 13, 2018

Technology is changing the way we shop online. Before we get into ways online retailers can use augmented reality to increase sales, let’s discuss what it actually is. Maybe incorporate the feedback option within the technology. Here are 3 augmented reality uses for online retailers. Tailor the App to Your Products.

Online Retail 90

Online Retail Retail Shopify Multichannel 90

Korona

AUGUST 17, 2022

You’ll also need to pay for special equipment, point-of-sale software, administrative expenses, and more. Retail point of sale system. Key Cost Points To Consider When Opening a Retail Store. A great tip for saving on rent is to look to open your store outside of major cities and carefully study your market.

Shipping Costs 52

Shipping Costs Payment Services Payments Small Business Retail 52

Kibo

MAY 17, 2021

For example, point-of-sale (POS) data, browsing history and number of clicks are all examples of structured data. CMOs must pinpoint the data points – structured or not – that are the most critical to achieving company goals. Tools and Technology.

Social Media 62

Social Media Mobile POS Point of Sale 62

Korona

SEPTEMBER 7, 2022

In addition to knowing the basics of small business, you also need to know about financial management, human resource management, technology, inventory, and the laws and regulations pertaining to your business. Streamline the management of your business with the right technology. Table of Contents. Reduce unnecessary costs.

Small Business Retail 52

Small Business Retail Payment Services Management Payments 52

Omnisend

JANUARY 8, 2024

You can find out who your returning customers are from several sources: Customer data from your CRM system Point of sale data Understanding the value of repeat customers Is learning how to get repeat customers worth it? The more repeat purchases you attract, the more revenue you generate.

Customer 88

Customer Customer Retention Social Media X-cart 88

RTP blog

JANUARY 26, 2018

Business Insider did a one-week study of the problem and reported that “While Starbucks promises mobile orders will be ready within three to five minutes of placing an order, the chain fulfilled this promise in just one out of five visits.” Luis Artiz is Group Product Manager for Epson America’s point-of-sale (POS) solutions division.

Customer Experience 150

Customer Experience Customer Mobile Article 150