Retail TouchPoints

JANUARY 26, 2022

Merchants in particular had to quickly shift from in-store sales to online and learn how to accept payments digitally. According to Salesforce’s Small and Medium Business Trends Report , 71% of SMBs say they navigated the pandemic through digitization. These can all be categorized as customer service-type chargebacks.

Merchant Services 278

Merchant Services Payment Services Payments Shipping Costs 278

Retail TouchPoints

FEBRUARY 3, 2023

Supply chain issues, inflation and other economic headwinds that resulted from the COVID-19 pandemic and the Russian invasion of Ukraine are still present for merchants. Have a simple checkout process. Simple and easy checkout processes are needed to seal the deal. Make customer service a priority. Be mobile-friendly.

Payments 286

Payments Merchant Services Payment Services Shipping Costs 286

Retail TouchPoints

NOVEMBER 4, 2020

And as a result of the coronavirus pandemic, this trend is only increasing. Because of this ease, merchants have begun relying on POS financing to drive sales growth. McKinsey has found that around 50% to 60% of loans originated at POS are either partially or entirely subsidized by the merchant.

Merchant Services 317

Merchant Services Payment Services Payments POS 317

BigCommerce

FEBRUARY 1, 2018

So, find yourself a product niche you are passionate about or one that is trending. Google Trends can help you spot trends. Sure, you might be able to sell your item for much less than the competition, but will shipping costs obliterate your margins? What options do I have to accept payments? PCI compliance.

Shipping Costs 411

Shipping Costs Merchant Services Payment Services BigCommerce 411

BigCommerce

MAY 4, 2018

By embracing SaaS technology and emerging trends, Natori is on pace to earn a new generation of consumers – ones who buy from their site, not just in department stores. Smaller and newer brands are taking full advantage of cloud services, but legacy systems are more glacial in adopting the new technology. What to Know Before You Go.

Workshop 419

Workshop Presentation eCommerce Payment Services 419

Retail TouchPoints

MAY 21, 2021

The adoption of subscription-based services and digital goods purchases were on the rise well before COVID-19 hit. But the pandemic took these trends to a whole new level. There are subscription shopping services now available too. Consumers grow to rely on their subscription service providers. The average U.S.

Subscription 279

Subscription Merchant Services Shipping Costs Food and Beverages 279

BigCommerce

JUNE 1, 2017

Ship products to customers in a timely manner. Managing your inventory properly across all of your sales channels helps to lower your product cost and increase shipping speed – ultimately earning you increased customer loyalty and love. Here is a view BigCommerce merchants can use to drill down into channel activity: Identify Trends.

Management 412

Management Shipping Costs Multi-channel BigCommerce 412

Retail TouchPoints

DECEMBER 13, 2023

Retail TouchPoints asked experts across the store design, experience and technology realms to share the trends they believe will drive brick-and-mortar innovation. For example, they need to support omnichannel services like BOPIS, ship-from-store and seamless returns.

Sporting Goods 323

Sporting Goods Technology Omnichannel Operations 323

Groove

MARCH 18, 2022

Inventory automation enables eCommerce merchants to create a frictionless back end experience for employees and front end experience for customers. Automating the management of inventory makes it easier for businesses to process and fulfill customer orders, manage data critical for warehouse operations and track inventory levels.

Merchant Services 195

Merchant Services eCommerce B2B Shipping Costs 195

Retail TouchPoints

APRIL 18, 2023

To help brands more effectively and efficiently connect with their target audiences, we took a closer look at the trends most impacting retail in 2023 and arrived at three critical ways for brands to win this year: content, community and confidence. And of course, building trust throughout the payment process is also incredibly important.

Merchant Services 288

Merchant Services Payment Services Social Media Retail 288

BigCommerce

FEBRUARY 2, 2018

Forget which shipping options you offer. Niche products are goods or services that serve a specific segment of customers. Taking this tack when generating ideas for a product or service is a reliable avenue to kickstart a successful business. Your product or service doesn’t necessarily need to be a huge, complicated endeavor.

Merchant Services 419

Merchant Services Payment Services Shipping Costs Beauty and Health 419

BigCommerce

OCTOBER 26, 2017

We will begin by breaking out readiness questions for each of the following merchant types: Small business. You may want to outsource from a site like Upwork or Fiverr to get international support services for those times you are offline in your home country. Or, you may need translation service. Mid-market. Enterprise.

Merchant Services 256

Merchant Services eCommerce Payment Services BigCommerce 256

BigCommerce

SEPTEMBER 6, 2018

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.

Payment Services 288

Payment Services Merchant Services Live Chat Customer 288

Retail TouchPoints

JULY 15, 2020

When retail historians compile the definitive chronicle of this era, they will recall something remarkable: as merchants across the nation responded to the COVID-19 outbreak by shifting more operations online, two years’ worth of e-Commerce growth got crammed into two weeks. How to explain that paradox? Touchless Delivery Abuse Risk.

Merchant Services 288

Merchant Services eCommerce Payment Services Payments 288

Retail TouchPoints

AUGUST 7, 2023

That, of course, is the key to Wish’s business model — by connecting international consumers directly with manufacturers (most of them Chinese, although diversifying the company’s merchant base is one of the company’s key turnaround pillars), customers can get products for dirt cheap. Doubling down on merchants outside of China.

Shipping Costs 245

Shipping Costs Merchant Services Payment Services Shipping 245

Retail TouchPoints

SEPTEMBER 3, 2020

In the wake of COVID-19, returns are receiving serious (and necessary) attention for several key reasons: Retailers are spending more processing returns in stores. In-Store Returns Trending Up, But Not Pouring In. Whatever solutions are employed will add cost to a returns process that already cuts into profit margins.

Shipping Costs 334

Shipping Costs eCommerce Merchant Services Retail 334

Retail TouchPoints

JANUARY 9, 2024

In 2020 he joined Alibaba, where he is now tasked with developing the company’s strategy and building platform-level solutions around international shipping, logistics, cross-border trade and global expansion. This will cause the channel to continue to narrow, further reducing ship traffic. and how can they prepare themselves?

Supplies 286

Supplies Shipping Costs Small Business Retail Recommendation 286

Retail TouchPoints

JULY 10, 2023

The company says Quin helps shoppers make better and faster decisions throughout their online or in-store journeys — fulfilling any sophisticated shopping request — ranging from finding available product assortments or recipes that match a whole suite of health- or budget-related constraints — to general health and customer service.

Merchant Services 279

Merchant Services Shipping Costs Retail Social Media 279

BigCommerce

OCTOBER 26, 2017

Someone finds you online, wants to buy an item and suddenly you’re shipping your goods to the U.K. Customer service: Offering customer service in their own language. Payment method: Offering payment methods most used and trusted in their region. Understanding that customer service is king. O Boticario US.

Payment Services 257

Payment Services Merchant Services Marketing Shipping Costs 257

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. Some other elements that add more costs include third-party apps, hosting, domain names, and processing fees.

Payment Services 262

Payment Services Shipping Costs Merchant Services Payments 262

GetElastic

JULY 30, 2019

78% of businesses have reported attempted or actual B2B payments fraud last year ( rising steadily since 2013), and international fraud has risen 136% in the last two years. Blockchain technology is increasingly gaining traction among banks, lenders, fintechs and merchants. How blockchain for B2B payments works.

Payment Services 135

Payment Services Merchant Services Banking B2B 135

Ecommerce Platforms

MAY 31, 2019

If we are to hunt for the most elite ecommerce payment solution in the market, we ought to scrutinize a couple of attributes. Admittedly, any customer is always on the run for a secure checkout payment tool. Besides, consumer credit trends surprisingly indicate a visual depiction to consider. It helps me avoid late payments.

Merchant Services 138

Merchant Services Payment Services Payments eCommerce 138

Optimizely

OCTOBER 29, 2020

However, to completely maximize a site’s potential, it might be necessary to leverage the conversion rate optimization services of an eCommerce development agency. If merchants want to get some quick wins in helping them to increase their conversion rates, check out these 10 simple strategies for more sales. Showcase Shipping Costs.

Merchant Services 284

Merchant Services eCommerce Shipping Costs Shipping 284

GetElastic

MARCH 3, 2022

The predictions for rapid adoption by 2020 never materialized; however, the underlying technology, Blockchain, still holds promise, especially in the B2B payments space. B2B payments have seen consistent growth for several years (40% in the US from 2014-2020). This trend is expected to continue with a CAGR of 21% from 2021-2030.

Merchant Services 145

Merchant Services Payment Services Payments Banking 145

Retail TouchPoints

MARCH 3, 2022

ecommerce merchants pulled in $10.8 That includes frictionless payments and checkout and fast shipping options. This is where merchants’ needs can collide with one of the potential downsides of flash sales: fraud. However, flash sales can provide cover for fraudsters in a few ways that merchants need to be aware of.

Merchant Services 246

Merchant Services Shipping Costs Payments Payment Services 246

Retail TouchPoints

OCTOBER 6, 2022

The 18 sessions also charted the impact of fast-changing consumer trends with new research and offered real-world case studies and use cases to show these solutions in action. Customer service, digital experience, personalization and other factors drive that emotional loyalty.”.

Shipping Costs 287

Shipping Costs Payment Services Merchant Services Payments 287

Retail TouchPoints

NOVEMBER 4, 2021

A recent report from the payments and shopping service Klarna found that 34% of shoppers actually plan to spend more on gifts this year than last year, with Gen Z ( 57% ) and millennials ( 53% ) more likely than other age groups to expand their budgets. Shortages and Sticker Shock Heighten Holiday Stress. said Pandya. “

Shipping Costs 264

Shipping Costs Consumer Supplies Merchant Services 264

Retail TouchPoints

JANUARY 20, 2022

But through this disruption, retailers began to see that their procurement process is in many ways the linchpin for maximizing revenue and reducing spend as the economy recovers post-pandemic. Specifically, procurement can help retailers optimize their spending on goods and services that are NOT for resale, also known as GNFR.

Shipping Costs 264

Shipping Costs Merchant Services Supplies Retail 264

Retail TouchPoints

JULY 12, 2021

Another factor driving the adoption of WMS in ecommerce is the growing trend for retailers to offload online order fulfillment to distribution partners. Those businesses clinging to rudimentary paper-based processes and a belief system that “we’ve always been able to make money doing things this way, why do we need to change?”

Shipping Costs 279

Shipping Costs eCommerce Merchant Services Shipping Labels 279

Ecommerce Platforms

OCTOBER 12, 2022

The same can be said for ecommerce site building, inventory management, order management, marketing tools, advertising, discount codes, blogging, abandoned cart recovery, multiple currencies, payment options, shipping rates, product sourcing, omnichannel selling, and much more. Shopify Pro #5: Incredible Payment Processing Support.

Payment Services 211

Payment Services Shopify Merchant Services Payments 211

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

JULY 10, 2024

Learning to master your inventory management processes can net significant bottom-line results in your ecommerce business. Inefficient processes and software: Not harnessing the right tools. If your ecommerce business has been around for a while, you might still be processing orders or managing your inventory with manual methods.

Operations 278

Operations Management Shipping Costs Merchant Services 278

Groove

APRIL 1, 2022

In this guide, we’re outlining the importance of a few variables — packaging, shipping and fulfillment — as well as strategies to help your eCommerce store drive CPG growth. Drop Shipping Not all eCommerce retailers use drop shipping, but it’s beneficial in some circumstances. Read on for more!

Merchant Services 195

Merchant Services Consumer Shipping Costs Drop Ship 195

Retail TouchPoints

SEPTEMBER 2, 2020

Vivino , an online wine marketplace and app, is capitalizing on this growth by doubling down on its user-driven ratings process and personalized tools and features. Buy Wine: We have been working hard to streamline the digital wine buying process by allowing users to buy wine right from the Vivino app or website in two easy clicks.

Food and Beverages 264

Food and Beverages Merchant Services eCommerce Shipping Costs 264

Retail TouchPoints

JUNE 6, 2023

Without an efficient process in place, a retailer may unintentionally offer undesirable items. 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. Opportunity #2: Better demand forecasting.

Shipping Costs 278

Shipping Costs Clothing Merchant Services Shipping 278

Retail TouchPoints

OCTOBER 4, 2021

Flexible Payments Will Gain Further Ground. Flexible payments are continuing to gain steam, particularly among younger generations. A survey by Klarna found that 75% of Gen Z, 76% of millennials and 60% of Gen X are looking for more flexible payment options. Let the countdown begin….

Merchant Services 321

Merchant Services Payment Services X-cart Supplies 321

ROI Revolution

MAY 6, 2021

Download our 2021 Ecommerce Tech + Trends Report to uncover strategies & insights that will propel your brand forward in 2021. In fact, throughout the last several years, there have been numerous omnichannel trends, such as: Retailers expanding their sales channels to marketplaces, such as Walmart , eBay, and Wish. Claim your copy!

Omnichannel 135

Omnichannel Merchant Services Social Media Payment Services 135