Retail TouchPoints

MARCH 30, 2022

UPS is cultivating its shipping capabilities for integrated international ecommerce through a partnership with ESW. The agreement between the shipping-and-logistics company and DTC ecommerce firm will aim to facilitate cross-border online business for brands seeking to reach consumers on a global scale.

Shipping Costs 257

Shipping Costs Shipping Payment Services eCommerce 257

Retail TouchPoints

SEPTEMBER 14, 2023

The problems with getting products to people quickly and cheaply are well-known: consumers want fast fulfillment, which is costly to provide, but they don’t want to pay high (or really any) shipping fees. Even Amazon , the trendsetter in fast fulfillment, isn’t immune to higher labor costs.

Shipping Costs 269

Shipping Costs Fulfillment Shipping Customer Loyalty 269

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 301

Shipping Costs eCommerce Jewelry Shopify 301

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

BigCommerce

OCTOBER 10, 2017

And these charts come from Klaviyo’s commerce email marketing benchmark report (2017). According to an Experian report: Welcome emails experience 4X the open rates of bulk emails, and. Shipping costs clearly advertised to alleviate any cost concerns. Are Your Shipping Costs Too High? Welcome Emails.

Shipping Costs 407

Shipping Costs X-cart Marketing BigCommerce 407

Retail TouchPoints

SEPTEMBER 3, 2020

Returns are a cost of doing business for any retailer. Consolidating returns at a store location is less costly than paying to ship one item from a residence, and a larger volume of customers can be moved through quickly if they don’t have to exit their cars. But despite representing $309 billion in lost sales for U.S.

Shipping Costs 332

Shipping Costs eCommerce Merchant Services Retail 332

Retail TouchPoints

JANUARY 31, 2024

As a result, brands and retailers have had to up their game for their omnichannel strategies to ensure they have the new features and functionality that consumers require to find the best products at the best price. The 2024 Connected Retail Report includes a survey of 1,012 U.S.

Shipping Costs 260

Shipping Costs Consumer Mobile Channel 260

Retail TouchPoints

MARCH 6, 2024

Returns are a major cost of doing retail business of any kind, but especially online. According to a report released in December by the National Retail Federation and Appriss Retail, for every $1 billion in sales, the average retailer incurs $145 million in merchandise returns.

Customer Experience 276

Customer Experience Shipping Costs eCommerce Improvements 276

Retail TouchPoints

MAY 15, 2023

in an effort to reduce delivery costs while maintaining the fast shipping speeds the company is known for, multiple sources report and Amazon has confirmed. Amazon previously operated its fulfillment network on a national level, transporting products across the country as they were ordered, reported the Wall Street Journal.

Shipping Costs 270

Shipping Costs Fulfillment Travel Shipping 270

BigCommerce

JUNE 22, 2017

Today, we are excited to announce updates to the BigCommerce’s Ecommerce Analytics and Insights suite –– including increased data accuracy, streamlined user interfaces and easier to understand pricing. That’s a total of 29 total reports available to BigCommerce customers. All 29 reports have a chart similar to the one above.

eCommerce Analytics 402

eCommerce Analytics BigCommerce eCommerce Shipping Costs 402

BigCommerce

FEBRUARY 6, 2018

Small businesses have long been hindered by the price barrier here, but one big name brand making serious headlines is changing all of that – enter, Alibaba.com. In essence, you are getting supplier prices at insider rates, typically at a price point only senior and seriously connected merchandisers have before been able to nab.

Shipping Costs 387

Shipping Costs Payment Services Payments Shipping 387

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 The report cited vendor issues as the primary driver of both out-of-stocks and overstocks in 2023, contributing $417.7

Shipping Costs 243

Shipping Costs Retail Supplies Improvements 243

lateshipment

NOVEMBER 4, 2024

So, in this blog, we’ve covered a comprehensive holiday schedule in the form of information on shipping deadlines and peak season surcharges for the 2024 season. The holiday shopping rush can turn out to be overwhelming, leading to issues like shipping delays, inventory shortages, customer service overload, and so much more.

eCommerce 130

eCommerce Shipping Costs Shipping Operations 130

BigCommerce

FEBRUARY 7, 2018

One bug undetected for months that could have cost you millions (but you thankfully caught!). One more feature that will cost way too much and take much too long to build. It is definitely best accompanied with a cover letter with further details on pricing needs and services requirements. How do you price your application?

Merchant Services 83

Merchant Services Payment Services Shipping Costs eCommerce 83

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. You probably already know how important inventory management is.

Management 412

Management Shipping Costs Multi-channel BigCommerce 412

Kissmetrics

MARCH 17, 2021

A better solution may be to reduce your Cost of Goods Sold. If you’re ready to make more money without selling more products, here’s a recap of COGS and specific strategies to lower expenses. A Quick Recap of Cost of Goods Sold (COGS). A Quick Recap of Cost of Goods Sold (COGS). What Is Cost of Goods Sold?

Shipping Costs 265

Shipping Costs Payment Services Payments eCommerce 265

Retail TouchPoints

MARCH 22, 2023

Gamestop reported its first quarterly profit in two years for Q4 2022, which ended Jan. This, as well as cost-cutting initiatives that included headcount reductions over the course of 2022, contributed to the retailer’s profitability. The retailer reached net income of $48.2 million compared to a net loss of $147.5 billion from $2.25

Shipping Costs 260

Shipping Costs Games Operations Shipping 260

Retail TouchPoints

OCTOBER 23, 2024

Amazon has made a number of moves to refine its offerings, including adding fuel discounts to the list of Prime membership benefits; developing a low-cost store to compete with discount shopping apps like Temu; and redesigning the homepage of its shopping app for easier navigation.

Merchant Services 242

Merchant Services Shipping Costs Fulfillment Jewelry 242

Retail TouchPoints

MAY 22, 2024

But despite its effectiveness in streamlining and increasing sales, the platform’s approach to financial reporting creates a maze of manual entries, and even possible risks of misstating key revenue figures. For instance, consider a furniture store with a long fulfillment cycle that may not ship purchased items for months.

Payment Services 314

Payment Services Shipping Costs Shopify Payments 314

Retail TouchPoints

NOVEMBER 4, 2021

Prices have been scaling throughout the entire year, and for the most part, consumers seem to be absorbing those costs. They’re taking these higher prices and factoring that into their purchasing, and instead prioritizing the acquisition of goods.”. Stressed Consumers Spread Out Spending with BNPL.

Shipping Costs 261

Shipping Costs Consumer Supplies Merchant Services 261

BigCommerce

DECEMBER 1, 2017

Not only are they incurring the additional shipping costs, but they also are not able to interact with their purchase in person as they would in a physical store. Discover how to create your shipping and returns policy , including: General guidelines. Who pays for shipping? Be prepared to eat the cost of your mistakes.

Shipping Costs 419

Shipping Costs eCommerce Merchant Services Shipping 419

Retail TouchPoints

DECEMBER 5, 2022

Party City has been faced with both challenges that are affecting retail in general — such as inflation and higher shipping costs — and those that are unique to its business, such as a helium shortage. Party City is working to ease the pressure by cutting $30 million in costs, including by laying off 19% of its workforce.

Shipping Costs 306

Shipping Costs Supplies Operations Shipping 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 258

Shipping Costs Omnichannel Customer Retention Retail 258

BigCommerce

AUGUST 17, 2018

To ensure that you’re offering a fair and competitive price for your products, you’ll want to look at what similar online retailers are charging. Don’t just look at the price retailers are charging for their products, look at the total cost as well (tax + shipping charges + service fees). Determine your shipping costs.

Payment Services 357

Payment Services Shipping Costs eCommerce Payments 357

Retail TouchPoints

JULY 7, 2023

As more direct-to-consumer (DTC) brands face heightened competition and rising cost-per-acquisition rates online, many have disinvested in their branded ecommerce experiences and doubled down on unique brand opportunities found on marketplaces like Amazon. This allows us to] create a top-tier experience for the customer.

Shipping Costs 259

Shipping Costs Customer Multi-channel Consumer 259

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.

Supplies 265

Supplies Shipping Costs Small Business Retail Recommendation 265

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. FBA retailers also will benefit from the accelerated delivery time Prime fulfillment offers.

Fulfillment 270

Fulfillment Merchant Services Shipping Costs Other 270

Retail TouchPoints

OCTOBER 4, 2021

The coronavirus pandemic pushed microchip manufacturers to cease production and close their doors, creating a mammoth-sized backlog that continues to grow as a result of global shipping disruptions stemming from natural disasters across America and Asia.

Supplies 267

Supplies Shipping Costs Consumer Electronics Retail 267

Retail TouchPoints

JUNE 6, 2023

And recommerce can help with a merchant’s ESG reporting , the statistical disclosure of environmental, social and corporate governance that can improve investor transparency and inspire other organizations. Opportunity #1: Cost-efficient inventory management. Opportunity #2: Better demand forecasting.

Shipping Costs 269

Shipping Costs Clothing Merchant Services Shipping 269

lateshipment

AUGUST 6, 2024

Research shows that around 15% of all shipments are damaged in a year, with costs accounting for $1 billion. These costs account for multiple areas such as the original product, shipping, and returns along with replacement and operational costs. How To Ship Fragile Items? The ‘damage’ from damaged goods is evident.

Shipping Costs 130

Shipping Costs Shipping Merchant Services eCommerce 130

Retail TouchPoints

OCTOBER 11, 2022

More than 210 million packages were reported missing from U.S. of Americans reporting package theft in the last year and 53.5% Shoppers are more price conscious than ever right now, and our online shoppers are looking for ways to balance shipping costs with speed, convenience and security,” Nigrelli continued.

Shipping Costs 260

Shipping Costs Shipping Fulfillment eCommerce 260

Retail TouchPoints

JANUARY 29, 2024

While more than half ( 54% ) of retailers responding to the 2023 Omnichannel and Fulfillment Benchmark Report said active physical stores are the final locations for inventory prior to delivery, retailers are increasingly using third-party services to handle the actual mechanics of picking, packing and delivering items to consumers.

Fulfillment 280

Fulfillment Shipping Costs Omnichannel Retail 280

BigCommerce

APRIL 24, 2018

Understandably, this decision has wide-ranging implications –– to your customers in engaging with your brand and reducing friction of getting the product they need, to your employees that have to implement campaign strategies, and to your bottom line in terms of sales growth as well as cost of maintenance and installation.

eCommerce Platforms 419

eCommerce Platforms Payment Services eCommerce Shipping Costs 419

Retail TouchPoints

NOVEMBER 10, 2022

The eBay Ads holiday report found that shoppers still plan to spend despite high inflation and the ongoing threat of a recession: more than two-thirds ( 71% ) of 2,000 U.S. Looking at year-over-year behavioral changes among eBay shoppers specifically, the report found that 92% plan to do most of their shopping online.

Gifts 260

Gifts Social Media Shipping Costs Consumer 260

Retail TouchPoints

JUNE 27, 2024

Citing slides shown to Chinese sellers in a recent “closed-door meeting,” The Information reports that Amazon plans to launch a special section on its site featuring low-price unbranded items that ship directly from Chinese warehouses. Shein even announced earlier this year that it was opening a U.S.

Shipping Costs 241

Shipping Costs Fulfillment Apparel Information 241

BigCommerce

DECEMBER 13, 2017

While a seller may choose not to collect state sales tax (choosing to absorb that as a cost of doing business), the responsibility of remitting the tax is not optional. Focus on bottom growth and account for all costs upfront. Use the Sponsored Product Ad campaign reports. Ask for the category listing report. Avalara.com.

Shipping Costs 401

Shipping Costs Fulfillment Other Management 401

Retail TouchPoints

OCTOBER 23, 2023

Fortunately, the labor disputes were resolved before any major disturbance to the economy, but the situation has forced brands — and any business that relies on national carriers — to reconsider their shipping strategy by embracing a multi-carrier approach. How do the costs compare with national carriers?

Shipping Costs 259

Shipping Costs Shipping Customer Experience Operations 259