article thumbnail

The rise of conflicted consumerism: Cost-of-living prompts UK shoppers to weigh up price versus principles in buying decisions

365 Retail

A price versus principles paradox is creating a new cohort of ‘conflicted’ UK shoppers, who are simultaneously demanding value for money as well as products and services from retailers that tap into their sustainable values, the latest research from Asendia , the leader in international e-commerce and mail delivery solutions, reveals.

article thumbnail

From Retail to e-Tail: How to Launch an Ecommerce Website for Your Brick-and-Mortar

BigCommerce

To ensure that you’re offering a fair and competitive price for your products, you’ll want to look at what similar online retailers are charging. Don’t just look at the price retailers are charging for their products, look at the total cost as well (tax + shipping charges + service fees). Determine your shipping costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Unload Excess Inventory in Productive, Profitable Ways

ChannelAdvisor

Another tactic is to go after longtail keyphrases specific to products you have deep stock in, since they tend to cost less and convert more. These days, it’s not just the price of a product that gets inventory moving. How you choose to position shipping costs can also have a major influence on someone’s decision to buy from you.

article thumbnail

How Mobility Can Connect Retailers From The Sales Floor To The Warehouse

RTP blog

They rely heavily on end-to-end mobility to lower costs while increasing efficiency on all fronts, including inventory, data management and even sales and customer service Employing mobile solutions has become an industry standard, but many retailers stumble when it comes to ensuring issue-free software development and application.

Mobile 150
article thumbnail

Pressure on UK household incomes prompts earlier Christmas gift shopping, new research from Sensormatic Solutions reveals

365 Retail

The survey showed that 73% of UK consumers will dedicate more time to seeking out deals and locking in prices on gifts early in their Christmas shopping this year. The rising cost of living is bringing forward Christmas spending, according to the poll.

Gifts 52
article thumbnail

Three quarters of CMOs surveyed planning to expand direct-to-consumer selling channels into 2023

365 Retail

Consumer electronics brands are looking to increase their direct-to-consumer selling in 2023, despite the cost of living crisis and reductions in consumer spending. You should also monitor to determine the performance of product listings and then competitively tune pricing, using the analytics tech.”

Channel 120
article thumbnail

The Impact of AI on Retail in 2024 

365 Retail

Rewards at the ready for returning customers In 2024, customer loyalty will continue to be emphasised as a key driver of growth, as acquiring new customers becomes increasingly expensive. The success of this hinges on providing outstanding personalised customer services and building loyalty programs to identify and retain valuable customers.

Retail 62