Retail TouchPoints

MARCH 6, 2024

Returns are a major cost of doing retail business of any kind, but especially online. In an effort to reduce sizing-related return rates, some fashion brands are working with Fit:Match.ai, a ‘digital twin’ matching platform that uses AR body-scanning technology designed to help shoppers select their size more accurately.

Customer Experience 285

Customer Experience Shipping Costs eCommerce Improvements 285

Retail TouchPoints

APRIL 25, 2023

This year, 3D and AR adoption is expected to be one of the biggest trends for providing next-gen ecommerce experiences, especially for apparel and footwear brands looking to bring the physical world to digital shopping. The furniture and home goods space is another sector of the market that’s seeing increased applications of this technology.

Technology 273

Technology eCommerce Shipping Costs Games 273

Algopix

JANUARY 2, 2024

Understanding Net Profit Margin Net Profit Margin Defined Net profit margin, a linchpin in financial analysis, encapsulates the percentage of revenue retained as profit after meticulously accounting for all expenses. Product Pricing Strategy Balancing act: Competitive pricing vs. profitability.

Shipping Costs 120

Shipping Costs eCommerce Fulfillment Order Fulfillment 120

lateshipment

SEPTEMBER 19, 2024

This includes warehousing, picking and packing, shipping, etc, Recently, there has been an increase in the herculean responsibility of the post-purchase phase (dealing with high customer expectations for timely, transparent, and reliable delivery). This can be achieved through technology and cost-saving measures, i.e,

Shipping Costs 130

Shipping Costs eCommerce Merchant Services Customer Retention 130

Retail TouchPoints

FEBRUARY 2, 2024

The cost of sugar has surged by more than 40% globally since the previous year, due largely to poor harvest conditions caused by dry conditions across India, China and Thailand and an unusually cold and wet spring in Europe. The cost increases are expected to increase the prices of soda, candy and baked goods, among others.

Supplies 264

Supplies Shipping Costs Food and Beverages Management 264

Algopix

OCTOBER 27, 2023

The eCommerce landscape has been evolving at a rapid pace over the past few years, driven by advances in technology, changing consumer behaviors, and the global impact of events. AR technologies will provide an immersive and interactive shopping experience, allowing customers to visualize products in their real-world environment.

eCommerce 118

eCommerce Payment Services Cryptocurrencies Shipping Costs 118

Retail TouchPoints

MAY 1, 2024

Touted as its biggest private label launch in 20 years, Walmart has introduced Bettergoods , a line of 300 food products priced up to $15 , with most products available for under $5. In February 2023 Walmart CEO Doug McMillon told CNBC that the retailer would do its part to fight inflation by keeping prices on its private label products low.

Food and Beverages 250

Food and Beverages Shipping Costs Shipping Consumer 250

Retail TouchPoints

AUGUST 19, 2022

Is it at the price point I’m willing to pay? For one product, the lowest price may be more important, but for another product, that may not be my driving force.”. But consumers aren’t just buying items online and having them shipped to the house. RTP: The recession isn’t impacting retail budgets for technology, which is great.

Technology 276

Technology Shipping Costs Omnichannel Mobile 276

Ecommerce Platforms

JUNE 1, 2023

The latest Shopify price increase has, understandably, sparked some concern among ecommerce store owners. In today’s volatile economy, many companies are already dealing with rising costs for energy, problematic supply chains, and other significant concerns. Here’s everything you need to know about the latest price increase.

Shipping Costs 104

Shipping Costs Shopify Merchant Services eCommerce 104

Ecommerce Platforms

MAY 15, 2023

In today’s Shippo review, we’re taking a behind-the-scenes look at a popular shipping and fulfillment service for today’s growing ecommerce market. Created to give every merchant access to the tools and technologies they need to deliver amazing service, Shippo serves more than 100,000 customers worldwide.

Merchant Services 104

Merchant Services Shipping Costs Shipping Live Chat 104

Retail TouchPoints

JANUARY 20, 2022

Those disruptions, and their ripple effects on shipping, distribution and warehousing, are expected to continue for months to come and into 2022, meaning that decentralization will remain a core strategy for ensuring business continuity. Do they invest in automation technology to enhance data-sharing between sales channels?

Shipping Costs 261

Shipping Costs Merchant Services Supplies Retail 261

Retail TouchPoints

FEBRUARY 23, 2024

Parcel companies, LTL carriers and independent couriers have had to adapt to the increased demand with advanced technologies and web-based solutions. These investments improved communication and provided data-driven insights to streamline operations and help companies deliver rapid, cost-effective services. In the U.S.,

Shipping Costs 225

Shipping Costs Supplies Operations Presentation 225

RetailMinded

APRIL 26, 2024

One of the most significant issues of all is figuring out how you’re going to manage the complexities of shipping, both domestically and internationally. That means you need to figure out how you’re going to deliver a shipping experience that’s transparent, reliable, and cost-effective.

Shipping Costs 52

Shipping Costs Shipping eCommerce eCommerce Software 52

Ecommerce Platforms

JULY 29, 2020

Drop Shipping! In this complete guide, we'll cover all the ins and outs of drop shipping as a business model that you should know if you're considering it the path for you. . Dropshipping Guide: Table of Contents: Chapter #1: What is drop shipping? Chapter #2: Pros and cons of drop shipping. “Dropshipping!

Drop Ship 253

Drop Ship Shipping Costs Shipping Definition 253

Retail TouchPoints

SEPTEMBER 13, 2023

These sorts of requests — known as chargebacks — are very expensive and time-consuming for all parties involved. In fact, there are roughly 615 million chargebacks happening every year and the average chargeback costs $191, which amounts to $117.46 billion per year. The issue is clear to see.

Shipping Costs 271

Shipping Costs Payment Services Banking Retail 271

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 280

Shipping Costs Payment Services Merchant Services Payments 280

Retail TouchPoints

JUNE 7, 2024

With today’s technology, retailers have seemingly endless access to hundreds of data points, and it can be difficult to discern which metrics matter. At the cross-dock, the loads are arranged so that each shipment is delivered on the best equipment, based on the cheapest cost and service needs.

Supplies 262

Supplies Shipping Costs Retail Definition 262

lateshipment

MAY 30, 2023

With technological advancements happening throughout the e-commerce space, there are also several up-and-coming innovations in social media that businesses can take up to stay competitive. Here are some of them that are currently in the trend. Here are some of them that are currently in the trend.

Social Media 130

Social Media Technology eCommerce Shipping Costs 130

Retail TouchPoints

JULY 20, 2022

To effectively respond to these challenges, retailers must bolster their processes and technology stacks to ensure shoppers have access to the products they want, when they want them. They are even involved in the negotiation process that affects the cost of the product for the producer — so they negotiate the price of the raw material.

Supplies 306

Supplies Shipping Costs Customer Loyalty Technology 306

Retail TouchPoints

MAY 6, 2024

These three examples are based on multiple real-life scenarios that illustrate how advances in technologies, such as the Internet of Things (IoT), can empower retail facility managers to improve their oversight of critical equipment, including lighting, HVAC, refrigeration and more.

Shipping Costs 276

Shipping Costs Retail Operations Technology 276

lateshipment

JANUARY 7, 2021

Cloud computing is revolutionizing technology that has created a buzz in many business areas due to its ease of accessibility and flexibility. After looking at such exponential figures, there is no doubt that companies worldwide have outgrown the outdated technologies and expanded their investments towards cloud computing.

Shipping Costs 130

Shipping Costs Shipping Supplies eCommerce 130

retailnext

FEBRUARY 11, 2020

Shoppers want their orders the next day, with free shipping whenever possible. Here are some of the most significant retail shipping trends to look for in 2020. Next-day delivery has been a staple of retail for a while, but Amazon popularized the trend with its Prime program. Same- or Next-Day Delivery. Freight Factoring.

Shipping Costs 59

Shipping Costs Shipping Payment Services Retail 59

Retail TouchPoints

AUGUST 1, 2023

The costs tied to ecommerce – from technology and app development to fast, free shipping and returns – can be daunting and may be exacerbating profitability challenges. Testing fabrics, materials, colors and technology according to customer feedback leads to better sourcing and price optimization from the outset.

Retail 246

Retail Shipping Costs eCommerce Consumer 246

Retail TouchPoints

AUGUST 7, 2023

The trade-off is long shipping times, another thing Wish is working hard to improve. which Yan said should enable faster shipping times on those products for North American customers. Reducing shopping and shipping friction. The company also is considering offering free shipping on orders above certain spending thresholds.

Shipping Costs 240

Shipping Costs Merchant Services Payment Services Shipping 240

Retail TouchPoints

JULY 10, 2023

The world of retail is getting ready for its iPhone moment using breakthrough generative AI technology. For example, a retailer looking to use the technology for generating descriptions in ecommerce product catalogs would train the model on relevant product information and metatags specific to its brand and items they sell.

Merchant Services 278

Merchant Services Shipping Costs Retail Social Media 278

Wiser

OCTOBER 11, 2023

Key factors to consider include the brand’s target audience, product offerings, pricing strategy, and scalability. It encapsulates everything from the type of goods or services sold, to the pricing strategy and marketing tactics employed. The role of eCommerce models in online businesses is multifaceted.

Payment Services 148

Payment Services Shipping Costs eCommerce Drop Ship 148

Retail TouchPoints

JULY 17, 2020

The impact of digital technology on the retail industry has been nothing short of profound. Amid all the turmoil, one thing is clear: COVID-19 is simply a catalyst for adopting digital retailing technology. It has lit a fire on a trend that was already in place. A New Reality Emerges.

Technology 208

Technology eCommerce Retail Merchant Services 208

Wiser

JUNE 5, 2023

Product Sourcing – Sourcing refers to the process of finding suppliers who can provide raw materials or products at an acceptable cost while meeting quality standards. By leveraging these four key components, businesses can streamline their operations while minimizing costs associated with delays or lost sales opportunities.

Small Business Retail 147

Small Business Retail Supplies Shipping Costs Management 147

Retail TouchPoints

JULY 20, 2020

From supply chain disruptions to shifting seasonality and evolving fashion trends, a majority of America’s leading retail brands are constantly left with excess inventory that simply won’t sell. Technology has revolutionized the way brands manage their excess inventory. Viewing Off-Price As A Partner.

Shipping Costs 151

Shipping Costs Retail Customer Loyalty Fashion 151

UpSellIt

JANUARY 15, 2020

Leveraging ecommerce trends to optimize your site is more vital than ever. In this blog post, we look to the future by examining five major ecommerce trends that are predicted to drive our industry forward in 2020 and beyond. These services allow users to pay for items over time, even if the purchases aren’t extremely expensive.

Shipping Costs 80

Shipping Costs Improvements eCommerce Payment Services 80

Retail TouchPoints

DECEMBER 4, 2023

This is where collaborative automation, or ‘CollaboMation,’ comes to the fore, offering seamless technological integration for successful deployment. This process often consumes a substantial amount of labor, time and cost, accounting for 50%-75% of total operating expenses in a typical retail store.

Retail 261

Retail Shipping Costs Travel Operations 261

Algopix

OCTOBER 10, 2023

Minimize carrying costs and holding expenses. In the context of inventory management , data-driven insights involve analyzing historical data, market trends, and various performance metrics to make informed decisions about inventory levels, purchasing, and replenishment. Prevent overstocking and understocking. Reduced cash flow.

Management 116

Management Shipping Costs Supplies POS 116

Retail TouchPoints

MARCH 8, 2023

After three years of supply chain logistics and shipping delays, retailers have too much inventory sitting on shelves, and consumer demand continues to be in flux as inflation maintains a strong grip on budgets everywhere. This means the way consumers shop has drastically changed as new financing options rise in popularity.

Shipping Costs 270

Shipping Costs eCommerce Payment Services Customer Experience 270

Retail TouchPoints

JANUARY 13, 2023

The big question for brands and retailers is how to increase revenues and efficiency, decrease expenses and make every customer count. AI-powered product discovery tools have emerged as must-have technologies. Proper inventory management and trend analysis help to forecast supply and demand.

Shipping Costs 287

Shipping Costs Retail Recommendation Consumer 287

Ecommerce Platforms

APRIL 13, 2021

Every time you ship a product the packaging either gets thrown in the landfill or recycling bin. Sustainable packaging is eco-friendly material used for shipping and storing goods. It's manufactured using the cleanest of technologies available and the best practices known for maintaining sustainability.

Shipping Costs 211

Shipping Costs Shipping Shipping Products Supplies 211

Ecommerce Platforms

MAY 29, 2023

The challenge for any brand is finding a supplier they can trust to deliver fantastic goods, at a low price, within a relatively short space of time. The production and shipping rates can be very fast, depending on what you’re ordering and where you need your items to be delivered.

Shipping Costs 104

Shipping Costs Fulfillment Shipping Shopify 104

Retail TouchPoints

MARCH 24, 2022

The cost of returns keeps ecommerce operators awake at night — so much so that some large retailers have adopted a “just keep it” policy towards certain purchases, opting to issue a refund without asking for the merchandise back (a trend that may prove unsustainable for both margins and the environment if consumers come to expect it).

eCommerce 312

eCommerce Shipping Costs Gifts Merchant Services 312