Remove 2019 Remove Online Retail Remove Shipping Costs
article thumbnail

5 Ways To Rein In Costly Online Returns

Retail TouchPoints

These retailers will face return rates in the range of 3X to 4X in-store return rates, knocking their financial models out of whack and straining operations, as discussed previously. The good news is that retailers can make a number of adjustments both to reduce return rates and to make the overall process more streamlined and less costly.

article thumbnail

Clean Data, Clean Planet: How Online Retailers can use Data Analytics to Reduce Their Carbon Footprint

Retail TouchPoints

Newly developed freight booking tools have made it easier and more efficient to book containers on large cargo ships, thereby reducing the need for air freight, which is generally seen as producing a larger carbon footprint. Shipping companies can obtain information through GPS tags to help locate containers and ships in real time.

Insiders

Sign Up for our Newsletter

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

article thumbnail

#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

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.

article thumbnail

Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

Online return fraud cost U.S. retailers $22.8 retailers lose $10.40 Cutting Fraud to Claw Back Costs Retailers are pushing back. For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. billion in 2022. to return fraud, the NRF has calculated.

article thumbnail

The Merchant’s Prep Guide to 2020 Holiday Delivery Fraud

Retail TouchPoints

It has been widely reported that the Covid-19 pandemic has led to a boom in online retail. Economists are predicting a flat or modest increase in holiday sales compared to 2019, but they expect a big increase in online holiday shopping. vs. 2019, when sales amounted to $145 billion.

article thumbnail

The Best POS (Point of Sale) Systems for 2019: The Ultimate Guide

Ecommerce Platforms

Luckily for you, however, you’ve found the ultimate best POS system guide for 2019. And to help you make your decision even faster, we’ve included their most important features and pricing information, plus the corresponding pros and cons of each POS solution. Shopify Pricing Details. Square Pricing Details.

article thumbnail

Know How to Plan for Black Friday Deals in 2019

MakeWebBetter

Not only that, to celebrate the biggest day of the year for retailers, Amazon pushes exclusive offers and deep discounts through ‘Countdown to Black Friday’. The post Know How to Plan for Black Friday Deals in 2019 appeared first on MakeWebBetter. So, if you want to extend latest black friday deals, you need to […].