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From Obligation to Opportunity: Make Compliance Your Biggest USP

Retail TouchPoints

The challenging economic environment, intense regulatory pressure and ever-present threat of fraud are creating a perfect storm that’s sweeping across the global payments landscape. Instead of seeing compliance as a painful obligation, it’s time to see it as a springboard for innovation, expansion and collaboration.

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Stitch Fix Chief Merchant: The Style Forecast is ‘an Embodiment’ of the Brand Promise

Retail TouchPoints

The Stitch Fix Style Forecast has become so much more than a press campaign used to drum up buzz and consumer excitement before the New Year’s Eve ball drops. With our process, we try to understand what is influencing clients today, so we can think about the big themes that may carry forward into 2024.

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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

Brands and retailers are feeling mounting pressure — from consumers, shareholders and even their boards — to be more inclusive. But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base.

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Perishable Goods & eCommerce: How To Sell Food Online With Ease

Groove

By offering your perishable products directly to consumers outside of your existing in-person sales channels, you will earn new brand champions without sacrificing profit margins to middle-men and chain grocery stores. Why Sell Food Online? Brands can then assess new geographic market opportunities to offer their products in-store.

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A ‘Wellness Plan’ For SMB Retailers

RTP blog

However, thanks to recent payment technology breakthroughs, merchants have access to the tools they need to not only survive in today’s business environment, but thrive. Acceptance SMBs need to be empowered to accept emerging payment apps and methods since a growing number of consumers demand the option to use these features in-store.

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Make Customer Service Your Most Valuable Asset This Holiday Season

BigCommerce

On the other hand, the holiday season is also cause for pain and headaches when it comes to inventory management, high-volume shipping , advertising cost planning , and of course, customer service. But this still doesn’t account for the significant lift in customer service volume during the holiday season.

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Backorders: Meaning, Causes, Solutions, and Comparison vs. Out of Stock

Fabric

A study from 2020 showed that unavailable products caused consumers to shop elsewhere, producing a total sales loss of $71.4 And according to Multichannel Merchant, out of stock situations cost companies over 10% in lost sales. What merchants can do to get the most out of offering backorders to customers. What is a Backorder?