Retail TouchPoints

JULY 23, 2024

Ryan Kelly: So many trends over the past decade — from the surge in residential delivery over commercial delivery to “free shipping” to expectations on click-to-door speeds — have truly shifted the parcel industry. That’s why you’ve got to leverage predictive data, using machine learning in real time, to better anticipate delivery windows.

Merchant Services 270

Merchant Services Shipping Costs Supplies Fulfillment 270

Groove

OCTOBER 14, 2024

When you are able to boost the average amount of money that a customer spends on each order, you can reduce the need to acquire more customers and potentially cut shipping costs. This could help your company grow while minimizing your advertising expenses.

Shipping Costs 350

Shipping Costs Improvements Shipping eCommerce 350

Retail TouchPoints

OCTOBER 16, 2020

Free shipping days are behind us. The first wave of ecommerce was mostly about price, while the second wave is all about the customer experience. Having the best product or lowest shipping fee will no longer guarantee you a sale. Delivery transparency : Real-time updates about location and shipping status notifications.

Shipping Costs 279

Shipping Costs Shipping Merchant Services eCommerce 279

Retail TouchPoints

JANUARY 5, 2024

The technology will help Aldi centralize global shipping volume, increase cost transparency and improve its control over the movement of goods throughout the supply chain, as well as develop a strategic ocean freight procurement strategy. In the U.S., In the U.S.,

Shipping Costs 250

Shipping Costs Supplies Shipping Management 250

Retail TouchPoints

MAY 10, 2024

Ebay has made it even easier for sellers to access data insights from three years of previous sales across the platform as they craft their listings with the Product Research tool, now available on the Ebay mobile app for both iOS and Android. Users can search, sort, filter and view the data in Product Research in a variety of ways.

Shipping Costs 229

Shipping Costs Shipping Mobile Information 229

lateshipment

JUNE 11, 2021

Claiming refunds for service failures is a must-do to ensure that you’re not overpaying your shipping carrier. Given that over 15% of parcels shipped through them face service failures and delivery issues (P.S Understanding FedEx Money-Back Guarantee (MBG) and UPS’ Guaranteed Service Refund (GSR) in Terms of Shipping Refunds.

Shipping Costs 246

Shipping Costs Shipping Retail Operations 246

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 IHL estimates the cost of ORC in the U.S. These systems consider multiple factors, including lead times, supplier performance, transportation costs and demand fluctuations, to determine optimal replenishment schedules.

Shipping Costs 233

Shipping Costs Retail Supplies Improvements 233

Fabric

MAY 24, 2023

Software engineers working in e-commerce are frequently faced with the decision of building or buying a pricing engine. While developing a pricing engine in-house may appear to be the ideal option, it frequently necessitates a significant investment of resources. What is a Pricing Engine? What is a Pricing Engine?

eCommerce 236

eCommerce Shipping Costs eCommerce Platforms Multichannel 236

Retail TouchPoints

JULY 9, 2024

JCPenney has faced the same challenges that bedevil the entire department store vertical, ranging from lower foot traffic at malls to the high operating costs that come with significant brick-and-mortar investments. Bala: It’s all starting with data cleansing. RTP: What about the many areas supporting the customer experience?

POS 273

POS Department Stores Payment Services Point of Sale 273

lateshipment

SEPTEMBER 10, 2020

Have you spent time taking a good, hard look at your shipping invoices? Or you could follow in the footsteps of other retail businesses that have become increasingly savvy and claim refunds for various shipping carrier service failures using automated shipping audit services like LateShipment.com. . If not, try it once.

Shipping Costs 228

Shipping Costs Shipping Payment Services Payments 228

Retail TouchPoints

MARCH 6, 2024

Returns are a major cost of doing retail business of any kind, but especially online. While some are charging customers fees to simultaneously slow and offset rising costs resulting from elevated return rates, others are adopting returnless refund policies.

Customer Experience 262

Customer Experience Shipping Costs eCommerce Improvements 262

Algopix

JUNE 22, 2023

In the ever-expanding world of e-commerce, shipping management plays a vital role in ensuring the seamless movement of goods from the seller to the buyer. To meet the demands of an increasingly competitive market, businesses require efficient shipping management software that can streamline their operations.

Shipping Costs 100

Shipping Costs Shipping Operations Management 100

Retail TouchPoints

NOVEMBER 21, 2024

Building Flexibility in Forecasting for Variable Advertising Costs TV advertising is still the most common form of advertising in the U.S., The law of supply and demand dictates that prices will go up as retailers compete for fewer slots across TV and other channels. with streaming also in the top five. The list continues.

Shipping Costs 231

Shipping Costs Retail Toys Games 231

Wiser

SEPTEMBER 23, 2024

In a previous post, Comparing Price Monitoring Tools – Which One is Right for You? , we discussed the various levels of price monitoring tools available to retailers, from basic entry-level tools to advanced, AI-driven solutions. This involves strategically managing product assortment, pricing, and promotions.

Shipping Costs 78

Shipping Costs Small Business Retail Magento Shipping 78

Retail TouchPoints

SEPTEMBER 2, 2022

New tools make data available to retailers like never before and are the linchpin to improving efficiencies, reducing waste, saving energy and assessing overall carbon footprint. Effective deployment of data is integral to keeping a company’s profits high and its impact on the planet low.

Online Retail 239

Online Retail Shipping Costs Retail Supplies 239

Retail TouchPoints

JANUARY 28, 2022

One silver lining though all of this has been the emergence of zero-party data in retail’s marketing arsenal. With recent missteps by social media giants like Facebook, consumers have become increasingly aware of how their personal data is collected and used. So how should retailers use zero-party data? Getting to Less Guessing.

Gifts 257

Gifts Shipping Costs Social Media Outdoor 257

Retail TouchPoints

OCTOBER 18, 2023

Online return fraud cost U.S. Signifyd data shows that there was a 35% increase in false claims that an item never arrived in 2022 in Europe, and a 68% increase in false claims about the condition of a product. Cutting Fraud to Claw Back Costs Retailers are pushing back. retailers $22.8 billion in 2022. retailers lose $10.40

Payment Services 245

Payment Services Shipping Costs Payments Shipping 245

Retail TouchPoints

JULY 21, 2022

While companies are certainly collecting more and more data, data alone can’t drive this level of hyper-personalization — especially not in a traditional wholesale retail model. As a result, many retailers are seeking to scale up their selection through models like drop ship and marketplace.

Drop Ship 252

Drop Ship Shipping Costs Shipping Marketing 252

Retail TouchPoints

AUGUST 27, 2024

That’s putting pressure on brand loyalty, as people switch to lower-cost channels and different brands. Customers are changing where they shop, increasingly choosing discount stores and comparing prices online compared to previous seasons,” said Peter Ramer, Consumer Products Senior Analyst at RSM U.S.

Shipping Costs 310

Shipping Costs Supplies Electronics Consumer 310

Ecommerce Platforms

NOVEMBER 3, 2022

The best Shopify shipping apps can be a powerful tool for ecommerce business owners. Many of these convenient tools are packed with useful capabilities, like the ability to compare rates from different shipping providers, and print packaging labels automatically. What are the Best Shopify Shipping Apps? Go to the top.

Shipping Costs 104

Shipping Costs Shipping Fulfillment Shopify 104

Retail TouchPoints

JUNE 6, 2023

Opportunity #1: Cost-efficient inventory management. This simple program helps ensure the sellable items end up back in front of consumers while the other jeans and jackets get shipped to the recycling facility. The recommerce players with accurate forecasting data will have a considerable leg up on the competition.

Shipping Costs 258

Shipping Costs Clothing Merchant Services Shipping 258

RTP blog

OCTOBER 29, 2018

For business owners, that unpredictability can lead to costly expenses that may mean the difference between beating sales records and losing out to the competition. First, you should ensure you’re leveraging web site and sales data to help predict what those best sellers will be.

Shipping Costs 150

Shipping Costs Small Business Retail Gifts Shipping 150

Fabric

MARCH 25, 2024

When deciding which items to stock, buyers often rely on past sales data and their instincts to make educated guesses about future buys. One way to improve inventory health is to use a robust pricing and promotions engine, like fabric Offers (Offers), to implement an effective markdown strategy. But mistakes and miscalculations happen.

Shipping Costs 130

Shipping Costs eCommerce Retail Shipping 130

Algopix

OCTOBER 10, 2023

One of the most powerful tools at your disposal for effective inventory management is data-driven insights. In this comprehensive guide, we will explore the fundamentals of inventory management and how data-driven insights can transform the way you handle your inventory. Minimize carrying costs and holding expenses.

Management 116

Management Shipping Costs Supplies POS 116

Ecommerce Platforms

JANUARY 9, 2023

So, hopefully, by the end of this blog post, you'll have a better idea of whether this solution meets the shipping needs of your business. If you haven't gathered from ShippingEasy's name, ShippingEasy is a shipping platform (Duh!). Headquartered in Austin, TX, ShippingEasy truly excels in streamlining your shipping operations.

Shipping Costs 197

Shipping Costs Shipping Shipping Labels Merchant Services 197

Algopix

SEPTEMBER 20, 2023

In the ever-evolving world of eCommerce, pricing has become a critical factor that can make or break a business. With countless online stores vying for the attention and wallets of consumers, it’s crucial for eCommerce businesses to have a competitive pricing strategy in place.

Shipping Costs 127

Shipping Costs Shipping eCommerce Social Media 127

Retail TouchPoints

AUGUST 29, 2024

While much is often made about the cost of RFID tags, the larger barrier to adoption was the cost of the readers themselves. The upshot of the readers being too expensive was simple: from a cost standpoint, RFID was only viable for the DC. Let’s start with the costs. So what’s different this time for the stores?

Shipping Costs 266

Shipping Costs Supplies POS Customer Experience 266

365 Retail

FEBRUARY 2, 2022

Shoppers have been hit by the highest price rises in almost 10 years after shop inflation almost doubled over the past month, new data suggests. According the latest BRC-NielsenIQ shop price index, annual shop price inflation jumped from 0.8% in December, to 1.5% in January, the highest rate since 2012. in December.

Shipping Costs 78

Shipping Costs Travel Fashion Shipping 78

Retail TouchPoints

AUGUST 11, 2020

For Kroger , the expansion of its Ship e-Commerce assortment through a third-party marketplace is the latest example. Starting this fall, more than 50,000 additional items will be available to Ship customers across multiple categories including natural and organic, international food, specialty items, housewares and toys.

Shipping Costs 236

Shipping Costs Shipping Merchant Services eCommerce 236

Wiser

OCTOBER 11, 2022

One of the most important decisions you will make as a business is how to price your products. No matter what part of the retail industry you’re in, how you price your products will have a direct effect on the success of your business. Price too high and customers could feel intimidated. So, where do you start?

Shipping Costs 147

Shipping Costs Information Marketing Supplies 147

lateshipment

SEPTEMBER 24, 2020

When you ship a product across and the customer has a first look, the packaging that matters. Read till the end to know how you can effortlessly save up to 20% on your shipping costs! How to Do It the Cost-Effective Way. Custom crates too cost an arm and a leg these days. The DIY method has its pros and cons.

Shipping Costs 145

Shipping Costs Shipping Books Sporting Goods 145

lateshipment

JULY 15, 2022

Yet they do not captivate customers like same-day delivery or free shipping promises do. But.but…keeping deliveries on time is not so easy, given that on-time delivery is in the hands of your shipping partner. In such situations, it is natural to ensure a better performance from the shipping carrier that you’re using.

Shipping Costs 130

Shipping Costs Shipping Merchant Services eCommerce 130

Smile.io

SEPTEMBER 19, 2023

In the ever-evolving landscape of ecommerce, building a profitable pricing strategy is like orchestrating a symphony that can significantly impact your success. Nowhere is this more evident than on popular online marketplaces, where the art of pricing can make or break your business.

Shipping Costs 90

Shipping Costs Merchant Services Arts Shopify 90

Ecommerce Platforms

JUNE 2, 2020

Fulfillment is the process of storing, packaging, and shipping ecommerce products. In addition, your method of fulfillment decides how much it'll cost your business to get those products to your customers after checkout. You often receive discounted shipping rates when fulfilling through Shopify or Shopify partners.

Shipping Costs 118

Shipping Costs Merchant Services Fulfillment Shopify 118

Retail TouchPoints

JUNE 9, 2023

Sustainability can be highly data-driven. They are already making sustainable and ethical supply chain decisions with regard to material sourcing and labor, and by layering in data they can also make intelligent decisions about pricing, discounting and future inventories so they can reduce unsold inventory at the end of a season.

Supplies 236

Supplies Operations Shipping Costs Customer 236

Ecommerce Platforms

MARCH 15, 2023

Today, we’re going to be taking a closer look at some of the major Fulfilment stats proving the importance of having the right delivery and shipping partners in 2023 and beyond. According to one report , around 62% of shoppers expect their orders to arrive in less than three days – even when they choose free shipping at checkout.

Fulfillment 118

Fulfillment Shipping Costs eCommerce Payment Services 118

Retail TouchPoints

SEPTEMBER 3, 2020

Returns are a cost of doing business for any retailer. Return rates at physical stores range from 8% to 10% , but rise to approximately 20% for e-Commerce, according to data from CBRE. Volumes of returns are not overwhelming,” said Andy Mantis, Head of Data Insights for 1010data. Infection Control: Burden Or Benefit?

Shipping Costs 330

Shipping Costs eCommerce Merchant Services Retail 330