Retail TouchPoints

JULY 26, 2022

With rising gas prices, food shortages, skyrocketing interest rates and ever-present inflation, consumers are worried and that means retailers are worried, too. In the first quarter, the average selling price (ASP) increased by 11% in the U.S. Shoppers will Buy Even Earlier to Avoid Price Hikes. This means that 2.5

Shipping Costs 306

Shipping Costs Gifts Fulfillment Consumer 306

Retail TouchPoints

APRIL 21, 2022

Retailers who utilize Fulfillment by Amazon (FBA) will be able to add Buy with Prime to their own checkout process, which will allow Prime members shopping there to utilize Amazon Pay and benefit from two-day shipping and free returns. The service will be invite-only for the duration of 2022.

Fulfillment 278

Fulfillment Merchant Services Shipping Costs Other 278

Retail TouchPoints

FEBRUARY 21, 2024

While this is good news for many ecommerce retailers, it has also become more and more expensive to deliver those goods to customers. This presents a dual shipping dilemma for businesses: how can they keep shipping costs on the business low, while also offering customer-friendly return policies? of total retail sales.

Shipping Costs 280

Shipping Costs Shipping eCommerce Small Business Retail 280

Retail TouchPoints

FEBRUARY 8, 2024

Misfits Market has introduced Fulfilled by Misfits (FBM) , offering its logistics platform for perishable brands to store, pick, pack, fulfill and deliver their products nationwide. Misfits Market purchased Imperfect Foods in September 2022.

Fulfillment 277

Fulfillment B2B Marketing Shipping Costs 277

Retail TouchPoints

SEPTEMBER 15, 2021

Supply chains came under intense scrutiny with the advent of COVID-19 as new safety protocols, worker shortages in manufacturing countries and a range of shipping delays slowed the global movement of goods. billion commitment in planned capital expenses over the next five years and customer delivery trends.

Supplies 263

Supplies Events Shipping Costs Fulfillment 263

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. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

Shipping Costs 287

Shipping Costs Payment Services Merchant Services Payments 287

Retail TouchPoints

NOVEMBER 28, 2022

The news was announced on the company’s Q3 2022 earnings call Nov. CFO Adrian Mitchell said the new store-based DCs are “a low-cost complement to our existing fulfillment network” and will help reduce shipping costs, improve delivery speeds and ensure better utilization of inventory. “We’ve

Fulfillment 264

Fulfillment Shipping Costs Shipping Supplies 264

Retail TouchPoints

NOVEMBER 3, 2021

Retailers had wanted to do this before as a way to save on labor costs.”. Electronic Shelf Label Growth Buzek predicts an “explosion” in electronic shelf label (ESL) tech, in large part because they make it possible for retailers to perform Amazon -style dynamic pricing in brick-and-mortar stores.

Payment Services 363

Payment Services Shipping Costs Electronics Fulfillment 363

lateshipment

SEPTEMBER 2, 2021

And so, here are the top five emerging and promising eCommerce logistics trends to keep an eye on as we head towards 2022. Trend #1: The Rise of Direct to Consumer (D2C) Fulfillment. While still a bit experimental, D2C can be a win-win fulfillment model. However, leveraging this tech is still an expensive affair.

Shipping Costs 246

Shipping Costs eCommerce Supplies Fulfillment 246

Retail TouchPoints

JULY 22, 2022

At the end of 2021, the editors of Retail TouchPoints took a stab at predicting what would happen in ecommerce in 2022. 2022 certainly isn’t turning out how anyone thought it would. 2022 certainly isn’t turning out how anyone thought it would. Not to toot our own horn, but we hit the nail on the head with this one.

eCommerce 306

eCommerce Supplies Shipping Costs Events 306

Retail TouchPoints

JUNE 27, 2022

This has been a volatile year for retailers and consumers alike, and the uncertain nature of 2022 has been shaping trends across the industry, according to Forrester’s Vast, Fast, And Relentless: Consumer Buying Enters A New Era report. Cost remains shoppers’ top concern when buying online, which is no surprise given recent high inflation.

Shipping Costs 276

Shipping Costs Omnichannel Customer Retention Customer Loyalty 276

Ecommerce Platforms

JANUARY 5, 2023

If you’ve been around the block of ecommerce, you likely know just how vital shipping is. So, now customers expect shipping times of just a few days and often expect low-cost or even free shipping. This is where fulfillment solutions for smoother, faster, and easier shipping come into their own.

Merchant Services 39

Merchant Services Fulfillment Payment Services Shipping Costs 39

Retail TouchPoints

JULY 31, 2023

A recent study by IHL Group projects that the global cost of inventory distortion in 2023 will be $1.77 A recent study by IHL Group projects that the global cost of inventory distortion in 2023 will be $1.77 But as ghastly as this figure is, it is down by $172 billion from 2022. IHL estimates the cost of ORC in the U.S.

Shipping Costs 246

Shipping Costs Retail Supplies Improvements 246

Retail TouchPoints

JANUARY 14, 2022

The early-season surge can be attributed to shoppers’ awareness of potential shipping delays , which also made omnichannel fulfillment a winning solution during that final rush: stores with curbside or in-store pickup options captured 62% of global sales during the Dec. 18 and Dec. 18-31 window. “In

Omnichannel 306

Omnichannel Fulfillment Shipping Costs Social Media 306

Retail TouchPoints

AUGUST 31, 2022

That’s why summer 2022 is prime time for Retail TouchPoints to kickstart holiday coverage. High cost-of-living pressures are likely to continue the trend of spreading spending out over a longer period, so an ongoing program of experiences can help tap into that.”. Prediction 5: Holiday 2022 Will Be a True Glimpse of Post-COVID Retail.

Omnichannel 289

Omnichannel Toys Shipping Costs Mobile 289

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

Retail TouchPoints

MAY 3, 2022

Brands that have done due diligence with ecommerce-friendly, thru-the-mail-ready items with higher Average Selling Price (ASP), or multi-packs to help offset shipping costs, as well as pricing parity across retailers, will be in a better position for success during negotiations.

Shipping Costs 275

Shipping Costs Supplies Shipping eCommerce 275

Retail TouchPoints

JANUARY 9, 2023

Cephalofair Games , which recently released its Frosthaven game following a nearly $13 million Kickstarter campaign, had to manage fulfillment to both 83,000 backers and 600 independently owned retailers worldwide. There are a few Kickstarter fulfillment companies in the industry, but they never handled a project anywhere near this big.

Games 58

Games Shipping Costs Fulfillment Shipping 58

Retail TouchPoints

SEPTEMBER 2, 2022

1, 2022 launch of its Temu site, according to CNBC and other media reports. The site offers items across categories including apparel, jewelry, pet supplies and home and garden, many at bargain prices. Multiple women’s dresses are priced below $20 (some below $10 ) and only a few are above $50.

Shipping Costs 311

Shipping Costs eCommerce Jewelry Shopify 311

Ecommerce Platforms

JULY 14, 2022

Print on Demand companies, like RedBubble and Teespring give business leaders the opportunity to create their own products to sell to customers, without having to worry about things like designing and shipping items themselves. With TeeSpring, you can create and sell more than 50 kinds of products with zero upfront risk or cost.

Shipping Costs 211

Shipping Costs Payment Services Shipping Payments 211

Retail TouchPoints

SEPTEMBER 25, 2023

Goldsby, who discussed supply chain issues with Retail TouchPoints in May 2022 , shared his thoughts on ways the industry can make supply chains both more reliable and cost-effective moving forward. Retail TouchPoints (RTP): How are the increasing demands for fast fulfillment affecting supply chains? “We’re now battle-tested.”

Supplies 306

Supplies Shipping Costs Fulfillment Customer Experience 306

Ecommerce Platforms

AUGUST 15, 2022

Printify is a print-on-demand (POD) service where users can design products to sell on their online stores, while also leaving all printing and fulfillment to Printify. This type of service cuts costs significantly for store owners, and it makes it easier to make beautiful designs for products like mugs, t-shirts, and home goods.

Shipping Costs 104

Shipping Costs Merchant Services Payment Services Shipping 104

Retail TouchPoints

JANUARY 27, 2022

The solution is expected to launch in the second half of 2022. The updated Dynamics 365 Intelligent Order Management tool is designed to help brands access new information and capabilities to better fulfill, ship and service customer orders.

Order Fulfillment 264

Order Fulfillment Shipping Costs Fulfillment Omnichannel 264

Retail TouchPoints

DECEMBER 9, 2021

Once goods make it off a ship, the next slowdown comes as dozens of entities with conflicts of their own work to accommodate their quick transport. There are, however, three things brands can do now to soften the bullwhip effect at various stages, setting themselves up for a less disruptive 2022. Ongoing Strategies for Success.

Supplies 305

Supplies Fulfillment Shipping Costs Multi-channel 305

Ecommerce Platforms

JANUARY 30, 2022

You may wonder if a fulfillment center is only for large businesses. Is it expensive? To answer those questions, we must clarify that 3PL fulfillment is in fact for every type of business. However, you simply have to partner with a fulfillment company that caters to small businesses. Do you need certain sales volume?

Small Business Retail 104

Small Business Retail Fulfillment Shipping Costs Merchant Services 104

Retail TouchPoints

NOVEMBER 4, 2021

The retailer is hoping that members will see the fuel incentives as valuable at a time of rising gas prices. New members also will receive a one-time welcome kit worth more than $100 to offset the first year’s cost. The program is currently available to Kroger customers in Atlanta, Cincinnati, Indianapolis and Columbus metro areas.

Shipping Costs 264

Shipping Costs Fulfillment Omnichannel Shipping 264

Retail TouchPoints

JUNE 28, 2023

Taking steps now to prepare your warehouse for the increase in orders and to ensure fulfillment processes are optimized is essential to make your ecommerce peak season a success. Having adequate inventory to ship is job one for any ecommerce business. Everything from shipping materials to labels to printer ink are very important.

Operations 275

Operations Shipping Costs Fulfillment Shipping 275

Retail TouchPoints

AUGUST 28, 2023

For the back-to-school season, 42% of consumers say they are spending more, but 57% are trading down for lower prices,” said Caila Schwartz, Director of Consumer Insights and Strategy for Retail and Consumer Goods at Salesforce during an Aug. measured from July’s Prime Day through mid-August). 22, 2023 briefing.

Shipping Costs 246

Shipping Costs Fulfillment Gifts Consumer 246

Retail TouchPoints

FEBRUARY 5, 2024

And yet that’s exactly what Amazon is doing with its Ships in Product Packaging (SIPP) program, which, as the name suggests, allows products to ship in their original box or bag without any added Amazon packaging. As a result, in 2022, 11% of packages globally were shipped without Amazon packaging , amounting to millions of deliveries.

Shipping Costs 298

Shipping Costs Fulfillment Shipping Customer Experience 298

Ecommerce Platforms

MARCH 3, 2022

Whether your company is in Canada or you'd like to ship to Canadian customers, it's important to find a Canada-focused fulfillment service that provides fast shipping, high-quality storage environments, and affordable rates. The goal of this article is to identify fulfillment services with a solid presence inside Canada.

Shipping Costs 104

Shipping Costs Merchant Services Fulfillment Shipping 104

Retail TouchPoints

JULY 13, 2023

However, with retailers feeling more pressure to streamline omnichannel fulfillment, supply chain visibility has risen to the top of the priority list. RFID is the killer app for this for most products, and this can be augmented by the use of computervision.” Adoption also is rising because prices are dropping.

Shipping Costs 243

Shipping Costs Supplies Omnichannel Fulfillment 243

ChannelAdvisor

JULY 27, 2022

Which would you rather choose: a $49 product with free shipping or the same product for $39 plus $10 shipping? Free shipping was once a fast-growing trend in e-commerce. The Psychology of Online Pricing. This is called the zero price effect , or the irrational urge to get free stuff. Source: Shippo, 2021.

Shipping Costs 98

Shipping Costs Shipping eCommerce Merchant Services 98

Retail TouchPoints

DECEMBER 6, 2021

Let’s face it — a monogamous relationship with a national shipping company ain’t cutting it anymore. For each website, we investigated their online shipping policies (examples here and here ) and went through the buying process to view shipping options available at checkout. How to Get Ready for Peak Shipping.

Shipping Costs 327

Shipping Costs eCommerce Retail Shipping 327

Ecommerce Platforms

JULY 25, 2022

Marketed as “Selling for starters,” the Shopify Starter plan is an entry-level ecommerce plan from Shopify , which helps users sell products online without complicated tools, high pricing, or even the need for your own website. How Much Does the Shopify Starter Plan Cost? The only subscription cost of the Starter plan is $5 per month.

Shopify 211

Shopify Payments Merchant Services Payment Services 211

Ecommerce Platforms

JUNE 6, 2022

More specifically, we're comparing their: Features and ease of use Themes and designs Pricing Apps and extensions Customer support SEO capabilities Dropshipping functionality. For instance, designated fields for product names, prices, descriptions, and images keep the process simple and intuitive. Wix also comes with a mobile app.

Shopify 211

Shopify Shipping Costs Merchant Services SEO 211

Retail TouchPoints

OCTOBER 6, 2023

With the bustling holiday shopping season nearing, many brands have spent the last several months assessing their operational strengths and weaknesses, particularly in logistics and fulfillment. This can include critical insights gathered from metrics such as pick accuracy, on-time shipping, on-time in-full and delivery success rates.

Fulfillment 310

Fulfillment Shipping Costs Supplies Operations 310

Retail TouchPoints

NOVEMBER 19, 2021

comparable sales growth and 8% ecommerce growth during Q2 2022, which aligns with calendar Q3 2022. Stores and fulfillment centers are well staffed and our price position remains strong. Target is preparing for the future, as well as fighting current last mile woes, by fulfilling more and more orders from its stores.

Supplies 272

Supplies Shipping Costs Fulfillment Improvements 272