Retail TouchPoints

DECEMBER 1, 2021

Relentless challenges including supply chain disruptions, weather disasters and a ship stuck in the Suez Canal slowed shipments and delivery of goods to consumers. Shipping and delivery will continue to play a major role in how retailers, both small and large, perform and provide effective customer experiences.

Shipping Costs 291

Shipping Costs Shipping Small Business Retail eCommerce 291

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 275

Customer Experience Shipping Costs eCommerce Improvements 275

Retail TouchPoints

JANUARY 9, 2024

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion. As a result, businesses are expediting their adoption of new tools and technologies and ultimately evolving their business strategy.

Supplies 261

Supplies Shipping Costs Small Business Retail Recommendation 261

BigCommerce

JUNE 8, 2017

While small businesses can often manage their inventory , packing, and shipping , as the operation scales up, additional support is needed and beneficial. In this guide, we’ll walk through everything you need to know about three of the most popular strategies: Drop-shipping. Order management. Customer communication. Self-fulfillment.

Drop Ship 417

Drop Ship Shipping Costs Fulfillment Shipping 417

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

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

lateshipment

SEPTEMBER 2, 2021

To keep up with the competition and growing consumer expectations, it makes sense for eCommerce businesses, manufacturers, and 3PLs to stay in the know about some of the most pressing logistics trends. And so, here are the top five emerging and promising eCommerce logistics trends to keep an eye on as we head towards 2022.

Shipping Costs 246

Shipping Costs eCommerce Supplies Fulfillment 246

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!

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Drop Ship Shipping Costs Shipping Definition 253

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 236

Food and Beverages Shipping Costs Shipping Consumer 236

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. Retailers had wanted to do this before as a way to save on labor costs.”.

Payment Services 355

Payment Services Shipping Costs Electronics Fulfillment 355

Retail TouchPoints

APRIL 16, 2021

Offering items at a lower price than competitors was once an almost guaranteed method of increasing online conversion rates, but today’s consumers are increasingly prioritizing convenience across the entire shopper journey in making online purchasing decisions. This pandemic-fueled increase built on existing trends.

Shipping Costs 305

Shipping Costs Payment Services Multichannel Consumer 305

Retail TouchPoints

FEBRUARY 10, 2021

While technology has continued to have a dramatic impact on the retail industry, the spread of COVID-19 has created new technology trends and accelerated current tech best practices significantly. AI spending in retail has continued to trend upward. Digital order management and fulfillment. Autonomous delivery.

Technology 173

Technology Payment Services Retail Social Media 173

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 263

Supplies Shipping Costs Food and Beverages Management 263

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 Order Fulfillment Fulfillment 120

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 263

Technology eCommerce Shipping Costs Games 263

Retail TouchPoints

APRIL 4, 2022

We expect to see some pandemic-era commerce developments continue with some new twists, and we’re watching some emerging commerce trends that may go strong beyond 2022 — all with the goal of creating richer, more engaging customer experiences and stronger bonds between customers and brands. by 2024.

B2C 327

B2C B2B Supplies Conversion Optimization 327

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

Retail TouchPoints

OCTOBER 3, 2023

It was at that point that putting the technology and operations in place to fulfill from an increasingly complex supply chain network embarked upon its next frontier. It was no longer enough to route orders to a handful of DCs and drop ship vendors. Checking inventory in a local store but not placing an order?

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Fulfillment Shipping Costs Customer Supplies 262

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 208

Shipping Costs Supplies Operations Presentation 208

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 119

eCommerce Payment Services Cryptocurrencies Shipping Costs 119

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 228

Shipping Costs Merchant Services Payment Services Shipping 228

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

ChannelAdvisor

OCTOBER 10, 2021

Krish not only articulates the role COVID-19 has played in the e-commerce boom, but simplifies many of the complex changes being made to international shipping procedures. The pandemic may have been the catalyst for the large-scale change in consumer habits, but the technology was already there.

Shipping Costs 98

Shipping Costs Shipping eCommerce Payment Services 98

ESW

JUNE 14, 2023

Finding the right warehouse and shipping provider can be a challenge for any brand with a DTC ecommerce channel. Here are eight factors and criteria every beauty brand should consider when selecting a warehouse and shipping provider. But for beauty brands, the task is even more daunting. Clearly, visibility is in.

Shipping Costs 78

Shipping Costs Shipping Online Catalogues Supplies 78

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 262

Shipping Costs Retail Operations Technology 262

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 252

Shipping Costs Merchant Services Retail Supplies 252

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 268

Technology Shipping Costs Omnichannel Mobile 268

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 260

Shipping Costs Payment Services Banking Retail 260

lateshipment

APRIL 23, 2020

Fraudsters are leveraging the same technology that merchants are using, making it increasingly easy for criminals to scale their operations. It’s like a constant cat-and-mouse game, and you need to stay on top of all the trends if you want to prevent fraud in your eCommerce store. . Hacking Alternative Payment Options.

Merchant Services 242

Merchant Services Payment Services eCommerce Payments 242

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

Algopix

MAY 15, 2024

For vendors and enterprises aspiring to fulfill consumer expectations, grasping Amazon’s warehousing and distribution methodologies is pivotal for streamlining logistics, curbing expenses, and amplifying customer contentment. Cost Efficiency: Sellers reap the benefits of reduced shipping costs and economies of scale.

Shipping Costs 88

Shipping Costs eCommerce Fulfillment eCommerce Platforms 88

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 267

Shipping Costs Payment Services Merchant Services Payments 267

OrderDynamics

APRIL 11, 2019

New to Retail: BOPIS Free Shipping. If you know anything about retail, you know that BOPIS free shipping isn’t new! In effect, BOPIS is the new free shipping. The last mile delivery is expensive. As an emerging retail trend, BOPIS free shipping is the new free delivery. What is BOPIS Free Shipping?

Shipping Costs 59

Shipping Costs Shipping Retail Merchant Services 59

Retail TouchPoints

JUNE 9, 2023

From choosing more eco-friendly materials to incorporating energy-saving technologies, these companies have seen the importance of creating better environmental practices and have acted accordingly. Luxury retail brands are making sustainability a priority more than ever before.

Supplies 241

Supplies Operations Shipping Costs Customer 241

RETAIL MANAGEMENT SOFTWARE

JANUARY 23, 2023

That’s why it’s essential to keep an eye on trends. Over the past year, supply chain challenges, inflationary pricing, economic uncertainty, and geopolitical factors have taxed retailers and squeezed finances. Here are the top 10 retail trends impacting the industry in 2023. What does the future hold for retail?

Shipping Costs 95

Shipping Costs Retail Social Media eCommerce 95

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 304

Supplies Shipping Costs Customer Loyalty Technology 304

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