Retail TouchPoints

MAY 29, 2020

Fashion retailers were hit hard by the COVID-19 outbreak, but the industry may have found a silver lining: an influx of new e-Commerce customers. This data frames the fashion industry’s recovery roadmap: work to retain new customers, and keep the former single-channel customers shopping online.

eCommerce 214

eCommerce Fashion Customer Retail 214

Kissmetrics

AUGUST 27, 2020

Square POS (our overall best) Shopify POS (best for ecommerce retail integrations) Vend POS (best for multiple fashion, sports, or homeware stores) Toast POS (best for restaurants and food businesses) ERPLY POS (best for small franchises). How to Choose The Best POS System for Your Business. per transaction.

POS 306

POS Payment Services Vend Payments 306

Retail TouchPoints

FEBRUARY 14, 2024

Express’ ability to avoid bankruptcy hinges on whether its lenders will agree to provide more liquidity or loosen repayment options, and whether the company’s vendors will continue shipping goods without tightening payment schedules, the sources told WSJ.

Payments 264

Payments Shipping Costs Apparel Omnichannel 264

Retail TouchPoints

AUGUST 17, 2022

The new platform aims to do for creators — which Shopify sees as the “next generation of entrepreneurs” — what Shopify has already done for millions of SMBs: help them easily digitize and monetize their businesses. Linkpop also enables payments to the creator when those posts result in a purchase. Other creators in the U.S.

Merchant Services 278

Merchant Services Shopify Payments Multi-channel 278

Kissmetrics

DECEMBER 30, 2020

Are you looking to monetize your blog or earn a passive income? This makes them one of the most straightforward ways to monetize a blog or earn passive income. Overall, however, they can be a powerful way to monetize website traffic. If so, you might be considering joining an affiliate network. What is an Affiliate Network?

Merchant Services 297

Merchant Services Marketing Payments Payment Services 297

Retail TouchPoints

JULY 30, 2020

Fashion Retail’s Looming Cash Crunch. Across the industry, nearly half of global fashion brands do not commit to paying for finished orders, which causes a huge liquidity problem for suppliers. The high probability of a second wave of infections this fall only adds to the uncertainty and risk.

Payment Services 312

Payment Services Retail Shipping Costs Fashion 312

Retail TouchPoints

AUGUST 13, 2021

The company sees itself sitting squarely in the center of the pack, catering primarily to mid-size businesses with $1 to $50 million in online revenue. If you have an ecommerce business, the second-most-important thing you should do is to sell across other channels.

Omnichannel 299

Omnichannel Payment Services Payments Multi-channel 299

Groove

OCTOBER 18, 2022

Selling products online often means wild swings in revenue generation based upon trends, seasonality or consumer sentiments. On the flip side, upwards of 75% of a business’s revenue comes from these same months. Fashion & Apparel. Vitamins & Supplements. Most Americans feel that their wardrobe is sub-par.

Payments 195

Payments Food and Beverages Beauty and Health Subscription 195

BigCommerce

NOVEMBER 28, 2017

Each year, BigCommerce looks at same-store sales to determine the real increase in revenue and orders data year over year for ecommerce brands on the platform. That means brands on BigCommerce saw 4% more revenue than those not using the platform. Small Business Saturday: +22.79%. Desktop Still Rules for Revenue.

BigCommerce 415

BigCommerce Merchant Services Small Business Retail Food and Beverages 415

Kissmetrics

SEPTEMBER 2, 2021

Adam Gonon is a fashion and lifestyle influencer from New York. You don’t have to promote fashion or other lifestyle products to get paid for sponsored posts. The difference is that you only get paid if people buy the product or service you’re promoting rather than receive payment for your post. Make Money From Your Content.

Payments 363

Payments Social Media eCommerce Payment Services 363

Retail TouchPoints

NOVEMBER 2, 2021

Customer who sell their luxury products to Fashionphile have the option of receiving payment in the form of a Neiman Marcus gift card and receive a 10% discount on the gift card value. Now, NMG has acquired a minority stake in Fashionphile and plans to open Fashionphile Selling Studios in an additional nine stores over the next nine months.

Shipping Labels 261

Shipping Labels Merchant Services Accessories Payments 261

Retail TouchPoints

SEPTEMBER 5, 2024

The new joint venture would see Asos retain a 25% share of the business. The deal includes a pro-rata payment to Nordstrom to buy out its minority interest in the brands , which the department store acquired as part of a previous joint venture with Asos back in July 2021. ”

Payment Services 288

Payment Services Payments Department Stores Online Retail 288

Retail TouchPoints

FEBRUARY 7, 2023

Many members of this young, savvy demographic are exchanging their dependence on fast-fashion destinations like SHEIN , choosing to invest in quality over quantity. For example, the brand “hired” Noah, Alibaba’s fashion virtual idol, to host a livestream in September 2022, and nearly quadrupled its daily gross merchandise value.

Payments 290

Payments Omnichannel Payment Services Consumer 290

Retail TouchPoints

NOVEMBER 22, 2021

The TikTok Shopping functionality will give marketers yet another avenue to leverage influencers and monetize users on the platform. Fashion KOLs on apps like RED have taken massively to livestream. Such a specific demographic has given fashion and beauty brands such as Gucci and M.A.C.

eCommerce 264

eCommerce Payments Payment Services Fashion 264

Ecommerce Platforms

OCTOBER 17, 2018

If you come from a place like Pakistan, Peru or Belarus you know that running a business is a little limited when it comes to how you accep credit cards and payments through PayPal and other processors. This is troubling considering it limits options for your business, whether it be a service or product-based business.

Payment Services 151

Payment Services Payments PayPal Banking 151

BigCommerce

AUGUST 17, 2018

Rohan Moore , founder and CEO of UK fashion company, Olive Clothing. Elli’s fashion company in the United States. If you’re working in an industry like fashion or design, you’ll need to schedule extra time to taking quality product pictures—especially if your website involves models. Choose your payment methods.

Payment Services 357

Payment Services Shipping Costs eCommerce Payments 357

Ecommerce Platforms

JULY 7, 2020

Whereas a standard website platform/builder has features for adding pages and posts and menus, an ecommerce platform takes it a step further by including product management, shipping tools, payment processing, and more. Payment gateways – Each method for selling online offers integrations with payment gateways.

Payment Services 262

Payment Services Shipping Costs Merchant Services Payments 262

Ecommerce Platforms

NOVEMBER 2, 2021

Not only that, but the creator economy offers complete business management tools for creators to connect with fans, market their products, and monetize their creations. A stay-at-home mom without a telecommunications degree can launch a media empire focused on world news with her own monetized YouTube channel.

Payments 195

Payments Payment Services Magazine Telecommunications 195

Retail TouchPoints

AUGUST 25, 2020

From payments to delivery, processes have been scrutinised to reduce the need to touch people, products and PIN pads. Retailers need to make the necessary adjustments to store operations, fulfilment processes, payments and more, to respect shoppers’ continued desire for contactless commerce.

Payment Services 306

Payment Services Retail Social Media Payments 306

Ecommerce Platforms

MARCH 14, 2022

The pandemic laid bare the problems with the conventional checkout process, and companies began looking at more efficient, and more hygienic, ways to process payments. The rising average transaction value per user underlines the importance of upgrading to a mobile POS system, especially for small business owners.

POS 197

POS Payment Services Mobile Payments 197

Retail TouchPoints

JULY 19, 2024

For merchants, Reshop can help transform what has historically been a loss into an opportunity to recapture customers and drive additional revenue.” “With Reshop, customers can receive instant refunds — offering them greater flexibility, control and confidence to shop again right away.

Merchant Services 263

Merchant Services Customer Payment Services Fashion 263

Retail TouchPoints

JUNE 24, 2024

M.M.LaFleur has garnered a loyal following for its elevated essentials and fashionable workwear. Second Act has seen double-digit revenue growth since its inception, with more than 50% growth over the last year alone. Up to 71% of Second Act customers are existing M.M.LaFleur shoppers, according to Twidwell. “In stores,” Twidwell said.

Payment Services 209

Payment Services Payments Shipping Costs Clothing 209

Retail TouchPoints

OCTOBER 6, 2022

The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies. Leverage Alternate Revenue Streams to Support Business Growth. 26-30, you’re automatically registered to listen to the entire series.

Shipping Costs 287

Shipping Costs Payment Services Merchant Services Payments 287

BigCommerce

MAY 4, 2018

On the flip side, brands that have excelled at direct to consumer are looking at the wholesale model to see where they can increase revenue. Mobile conversion rate is up 272% and mobile revenue is up 193% since this time last year!”. The Fashion Track. Traditionally B2B retailers are going direct to consumer.

Workshop 419

Workshop Presentation eCommerce Merchant Services 419

Retail TouchPoints

AUGUST 18, 2022

Once reserved for an ultra-affluent clientele with disposable income to spend on shopping trips in the world’s most fashionable cities, the luxury category is undergoing a significant transformation. During its July 26, 2022 earnings release, LVMH reported revenue of approximately $37.3

Cryptocurrencies 264

Cryptocurrencies Payments Payment Services Fashion 264

lateshipment

APRIL 23, 2020

Hacking Alternative Payment Options. This is great news for mobile payment providers who increase their customer base and merchants who can offer a wider spectrum of payment options, but also for fraudsters. Here are the latest fraud trends you need to watch out for: 1. Fake eCommerce Returns. Fraudsters are incredibly creative.

Merchant Services 242

Merchant Services Payment Services eCommerce Payments 242

Inflow Insights

OCTOBER 25, 2021

It may be premature to declare the end of the credit and debit card era — but it’s not too early to say that any business not adding new payment methods to their checkout processes could be left behind by competitors and customers alike. How eCommerce Installment Payment Apps Work. per transaction. PayPal Credit.

Merchant Services 114

Merchant Services Payment Services Payments eCommerce 114

Retail TouchPoints

AUGUST 18, 2020

We’re back and bringing more community responsibility, fashion-forward footwear, and on-trend partnerships,” Margolis added. Margolis plans to rein in costs with such strategies as negotiating leases that use a percentage of store revenue to pay a share of the rent rather than a fixed payment.

eCommerce 227

eCommerce Payment Services Payments Omnichannel 227

GetElastic

JUNE 4, 2019

Savvy subscription providers are heading off the downturn by creating multiple revenue streams (Birchbox recently opened a brick-and-mortar store), but ultimately it will boil down to delivering an exceptional value proposition and customer experience. They aren’t selling products or services, but experiences.

Subscription 142

Subscription Payments Payment Services eCommerce 142

Retail TouchPoints

NOVEMBER 20, 2020

Another option to renegotiate lease terms could be a promise of supplemental payments once lockdown restrictions are lifted and consumers feel safe to shop in person. #2: It might mean reaching out to vendors and suppliers to renegotiate payment terms. 2: Extend your cash runway. 3: Focus on supply chain support.

Payment Services 264

Payment Services Payments Supplies Travel 264

Ecommerce Platforms

MARCH 26, 2020

Thanks to things like store builders, WordPress, and even dropshipping, you have countless ways to design an eCommerce website and start earning money through Pay Pal and credit card payments in no time. Step 10: Establish Your Payment Methods. Do you have a background in fashion, hair care, computing, or something else entirely?

Shipping Costs 228

Shipping Costs Payment Services Merchant Services Payments 228

Retail TouchPoints

JULY 29, 2020

For example, sustainable ‘rental fashion’ is one phenomenon taking over the industry as Millennial and Gen Z consumers, who value access over ownership, buy into the concept of hiring clothing at a fraction of the retail price.

Payment Services 200

Payment Services Payments Retail Social Media 200

Retail TouchPoints

OCTOBER 18, 2023

Some fashion brands, including Zara, J.Crew and Uniqlo , have begun charging for returns in order to claw back lost revenue and dissuade certain behaviors. By examining shared IP addresses, shipping addresses and payment methods, retailers can uncover hidden associations that might indicate organized fraud rings.

Payment Services 277

Payment Services Shipping Costs Payments Shipping 277

BigCommerce

JULY 25, 2017

How to Turn Great Photos Into Millions in Revenue. Today, the company is growing online revenue more than 25% YoY. Today, the company is growing online revenue more than 25% YoY –- mainly due to the apps and ecommerce strategies below. In total, about 10% of total brand revenue comes in from their online store.

Shipping Costs 419

Shipping Costs eCommerce BigCommerce B2B 419

Retail TouchPoints

AUGUST 7, 2023

Revenues were down more than expected, decreasing 42% YoY to $78 million ; adjusted EBITDA was in line with expectations but still represented a loss of $66 million in the quarter; and monthly active users were down 48% to 12 million. “The A Little Bit of History Repeating?

Shipping Costs 245

Shipping Costs Merchant Services Payment Services Shipping 245

Retail TouchPoints

FEBRUARY 21, 2024

Our mission is to transform spaces that have traditionally been kind of an afterthought and turn them into beautiful, customer-centric and revenue-generating spaces, ” Kloor said in an interview with Retail TouchPoints. This approach] then ends up generating more revenue for the hospital.

Gifts 263

Gifts Beauty and Health Payment Services Payments 263

BigCommerce

FEBRUARY 2, 2018

Checkout a site like GolfEtail which uses eBay as an additional sales channel to significantly increase overall brand revenue. Accepting Payments. Know What Your Credit Card Payment Options Are as a Merchant. 21 Apple Pay Tips & Why It’s the Future of Mobile Payments. Smart brands have multiple revenue streams.

Merchant Services 419

Merchant Services Payment Services Beauty and Health Shipping Costs 419