RTP blog

MARCH 5, 2018

By Rick Gretsch, Accelerated Concepts, a Digi International company In our recent study “The Cost of Downtime: Beyond the Bottom Line,” 72% of midsized retailers lose sales during network downtime. The study also finds downtime severely impacts customer loyalty, employee productivity and overall business operations. Remote Management.

Technology 150

Technology Retail Operations POS 150

Retail TouchPoints

MARCH 8, 2021

As technology and digital continues to infiltrate consumers’ lives, the need for human interaction and emotional connection is more important than ever. Retail TouchPoints (RTP): Shikatani Lacroix Design’s latest white paper looks at finding the balance between technology and human interaction.

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Customer Data Customer White Paper Technology 264

Korona

JANUARY 6, 2023

This article will introduce you to 10 eCommerce social media marketing case studies that involve brands that have successfully utilized social media for greater brand awareness and increased sales. 10 Successful eCommerce Social Media Marketing Case Studies. They partner with companies to achieve clarity, messaging, and technologies.

Social Media 52

Social Media eCommerce Marketing POS 52

Retail TouchPoints

MARCH 25, 2022

One-third are inspired by social media before buying that new sweater, electronic gizmo or video game, according to the PwC study Gen Z is Talking. Shopping with a PC or smartphone only ranks second and third in the PwC study. These are all qualities of ecommerce, so why not connect the online shopping experience with the POS?

Payments 278

Payments Payment Services Social Media Electronics 278

Retail TouchPoints

JULY 19, 2022

Retail has set the standard for media networks, with brands like Ulta and Target making concerted efforts to boost their ad sales technology. According to a study conducted by Google and BCG , using first-party data for key marketing functions achieved nearly 3X the revenue uplift and a 1.5X Understand the right technology for you.

Retail 288

Retail Multi-channel Omnichannel Technology 288

Retail TouchPoints

FEBRUARY 21, 2023

A recent study from Wharton’s Baker Retailing Center and The Verde Group found that retailers can increase shopper repurchase intent by nearly 60% by delivering a great experience. 5G can also connect mobile point-of-sale (POS) terminals , self-service kiosks, scan-and-go checkouts and other forms of frictionless shopping with ease.

Sporting Goods 264

Sporting Goods Payment Services Retail Supplies 264

Retail TouchPoints

APRIL 30, 2024

The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. As for concertgoers at these same venues, over half of U.S.

Retail 285

Retail Clothing Events Games 285

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. The COVID-19 pandemic changed how people think, live, shop, and work.

Merchant Services 59

Merchant Services Technology Payment Services Payments 59

Retail TouchPoints

APRIL 25, 2024

Plus, despite all the vocal naysayers, many consumers actually like the technology. Labor continues to be expensive and there are still high levels of attrition — we did a frontline study at Gartner [in 2023] and something like 54% of frontline workers quit after the first three months in the job.

Payment Services 255

Payment Services Technology Consumer Retail 255

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 295

Mobile Payment Services Technology POS 295

iVend

MARCH 14, 2023

iVend Mobile POS Mobile POS in retail engages and delights shoppers. 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’. Talk to iVend about mPOS for your stores.

POS 97

POS Point of Sale Mobile Payment Services 97

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. trillion worldwide, equivalent to both 10.3%

Payment Services 363

Payment Services Shipping Costs Electronics Fulfillment 363

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 321

Beauty and Health POS Mobile Management 321

RTP blog

MAY 6, 2019

By Jeff Winsper, Black Ink Technologies There’s a rising tide of online competition for independent dealers, but there are a few choices retailers/dealers can make to try and get, keep and grow their customer base. Connecting your Dealer Management System (DMS) that manages the POS is one way to bridge the gap.

Merchant Services 150

Merchant Services eCommerce Payment Services POS 150

Retail TouchPoints

APRIL 11, 2024

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. All of the technology to make this happen exists today; it’s mostly a matter of tying AI search to checkout systems. AI will personalize storefronts.

Retail 290

Retail Mobile Consumer Operations 290

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 65

Payment Services Mobile Payments Banking POS 65

Retail TouchPoints

AUGUST 11, 2023

Tip Fatigue is Alienating your Best Customers As tablet-based POS systems have soared in popularity in recent years, consumers are being hit with larger and more frequent tip requests. 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.

Consumer 240

Consumer Payment Services Point of Sale POS 240

Korona

FEBRUARY 9, 2023

And for the best development of a customer loyalty program, it is important to study the profile of your current customers. Making the checkout process more efficient requires multiple payment options using fast POS software. These reports are all simple and convenient to pull straight from their retail POS system.

Improvements 98

Improvements Payment Services POS Payments 98

iVend

DECEMBER 13, 2022

Learn more about our integrated retail technology platform. In fact promotions literally have a ‘feel-good factor’, with a study showing that recipients of a voucher had a 38% ++ increase in their oxytocin levels! They also deliver rapid results, complementing longer term brand building strategies.

Gifts 95

Gifts Retail Technology Social Media 95

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

Korona

SEPTEMBER 29, 2022

KORONA POS comes with built-in inventory analysis. KORONA POS gives you the opportunity to analyze sales trends by season, by store (if you have multiple locations), by profitability, and countless other retail KPIs. With KORONA POS, you will always know exactly how much stock you have. Offer Delivery Services. Then, voila!

Payment Services 52

Payment Services POS Point of Sale Food and Beverages 52

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

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

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. Upgrade Your POS System With KORONA POS.

Small Business Retail 52

Small Business Retail Payment Services Management Payments 52

Korona

FEBRUARY 17, 2023

All types of retail businesses can benefit from technological advancements. RFID is a wireless tracking communication technology. RFID Technology In Retail: How Does It Differ From Regular Barcodes? In fact, some studies show that the RFID scans can raise inventory accuracy up to 95%.

Small Business Retail 52

Small Business Retail Retail POS Point of Sale 52

BigCommerce

JUNE 5, 2018

Tech debt from historic open source or custom-built ecommerce technology solutions slow down internal decision making and threaten internal innovation and testing. Thanks to SaaS ecommerce technology allowing brands to rapidly build modern ecommerce websites affordably. Digital native brands number in the tens of thousands.

Payment Services 340

Payment Services eCommerce Marketing eCommerce Marketing 340

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 264

Retail Consumer Social Media POS 264

Korona

OCTOBER 12, 2022

According to a recent Chase Design study, up to 90% of consumers prefer to buy their liquor in-store. In this article, we’ll walk through the best strategies for building customer loyalty for your liquor stores and discuss how a loyalty program integrates with a POS system. How does a loyalty program integrate with a POS system?

Customer Loyalty 52

Customer Loyalty Customer POS Social Media 52

Korona

OCTOBER 12, 2022

According to a recent Chase Design study, up to 90% of consumers prefer to buy their liquor in-store. In this article, we’ll walk through the best strategies for building customer loyalty for your liquor stores and discuss how a loyalty program integrates with a POS system. How does a loyalty program integrate with a POS system?

Customer Loyalty 52

Customer Loyalty Customer POS Social Media 52

iVend

MAY 18, 2021

Case study Land of Lincoln Goodwill Industries forays into 21st century retail with iVend Retail. The need for retail technology For many thrift stores, being in the shopping spotlight has highlighted a need for more effective retail technology. Read about how a leading US thrift store is embracing its growing popularity.

Multi-channel 52

Multi-channel Retail POS Payment Services 52

Korona

JUNE 29, 2022

However, in an effort to reduce costs and increase visitors, many museums have reduced the presence of human guides and are increasingly focusing on technology. One of the most common technologies used for this is pre-recorded tours. Airbnb: A Case Study. Attract New Visitors. Leverage Existing Tech. Leverage Existing Tech.

POS 52

POS Arts Social Media Events 52

Korona

JUNE 29, 2022

However, in an effort to reduce costs and increase visitors, many museums have reduced the presence of human guides and are increasingly focusing on technology. One of the most common technologies used for this is pre-recorded tours. Airbnb: A Case Study. Attract New Visitors. Leverage Existing Tech. Leverage Existing Tech.

Management 52

Management POS Arts Social Media 52

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 298

Retail Social Media Multi-channel Channel 298

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 342

Merchant Services Cryptocurrencies Payments Payment Services 342

Korona

AUGUST 17, 2022

A great tip for saving on rent is to look to open your store outside of major cities and carefully study your market. According to a Payscale study , an entry-level retail store manager with less than one year of experience can earn an average total compensation (including tips, bonuses, and overtime pay) of $42,270. per hour. .

Shipping Costs 52

Shipping Costs Payment Services Payments Small Business Retail 52

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 226

Payment Services Consumer Vend Point of Sale 226

Korona

NOVEMBER 10, 2021

According to a 2020 study by Statista , there were more than 150,000 convenience stores in the United States. And if you are thinking of opening one, chances are you will succeed if you follow the best practices, get the right technology, and follow the proper legal procedures. Step 5: Invest in sound technology and security systems.

POS 52

POS Point of Sale Operations Banking 52