Channel: Marketplace How to Increase Market Penetration: 9 Strategies for Retailers Market penetration is the percentage of customers a retailer sells to out of the entire market. Here’s how to calculate and increase yours. More Shopify May 27, 2022May 27, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace POS Systems for Small Businesses: Best Features, Systems, and How to Choose Small businesses with a physical location need a POS system to process payments and manage inventory. Learn what POS features to look for and how to choose. More Shopify May 26, 2022May 26, 2022 < 1 min read ShopifyStore LocationOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Five retail technology questions for Liam Patterson, CEO, Bidnamic RTIH asks major players in the retail technology space for their thoughts on the sector, and throws in a random question to keep them on their toes. This time around, our five questions go to Liam Patterson, Co-Founder and CEO at Bidnamic (pictured above on the left). RTIH: Looking at the hottest retail technologies right […] Retail Technology Innovation Hub May 24, 2022May 24, 2022 2 min read Technology & InnovationMarketing: SocialTwitterDeliveryExecutivesResults & InvestmentAI / MLMetaverseStore LocationDept. NonfoodTrends: TechQ CommerceMarketing: Direct & PersonalizationAmazonOperations & Supply ChainStart UpsShopifyTech: RoboticsPredictions and ForecastsNFTblockchainMarketing: In StoreBrick and MortarGoogleESG and CSREconomyData & InsightsInternational - UK 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Direct Mail for Retail Is Alive and Well: How These 5 Retailers Use Direct Mail to Increase Sales Finding new ways to reach customers in an increasingly crowded (and expensive) digital landscape is vital if you want to break through the clutter. You may think it’s an antiquated approach, but direct mail for retail is making a comeback. And now there are tools available to automate sending and tracking highly targeted direct mail marketing […] Shopify May 24, 2022May 24, 2022 < 1 min read ShopifyStrategyCompetitionPredictions and ForecastsDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Everything You Need To Know About Customer Facing Displays A customer facing display quickens the transaction process and adds transparency. Here’s how to implement one. More Shopify May 23, 2022May 23, 2022 < 1 min read ShoppersShopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace clicOH’s shipping technology provides Amazon-like logistics to e-commerce companies in LatAm E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years, the current consumer demands to receive orders on time and packaged correctly will only increase. For decades, e-commerce giants, like Amazon and MercadoLibre, have perfected the logistics and delivery technology for their marketplaces, but […] Tech Crunch May 23, 2022May 23, 2022 2 min read Operations & Supply ChainDeliveryTechnology & InnovationAmazonResults & InvestmentData & InsightsStart UpsCPG: Adult BeverageConsumersCOVID19ExecutivesInternational - North AmericaAssociatesPartnershipsQ CommerceShopifySustainability 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that. The designer fashion brand launched its own ecommerce operation in 2008, at a time when many other high-end […] Retail TouchPoints May 21, 2022May 21, 2022 6 min read PartnershipsOmnichannelDept. ApparelExecutivesBigCommerceBrick and MortarMerchandisingTechnology & InnovationDept. PetAmazonMarketing: SocialCOVID19StrategyShoppersOperations & Supply ChainESG and CSRsocial commerceMarketing: Loyalty & SubscriptionConsumersAssociatesMeta (Facebook)Data & InsightsDept. BeveragePackagingResults & InvestmentPredictions and ForecastsDept. HBC 0 Saving Bookmark this article Bookmarked
Channel: Marketplace The Rise of Resale Programs: 5 Brands Leading the Charge in Sustainability The earth is changing, and so is the way consumers shop. With 77% of Americans concerned about the environmental impact of products they buy, retailers are revamping their business models to improve both the planet and their balance sheets. For years, the fashion industry has faced backlash for its climate-harming practices. Consider these facts: one new garment takes 77 […] Shopify May 20, 2022May 20, 2022 < 1 min read SustainabilityRecommerceShopifyDept. ApparelConsumersEconomyESG and CSR 0 Saving Bookmark this article Bookmarked
Channel: Marketplace The Complete Guide to Point-of-Sale (POS) Features Researching which features your POS system should have? This guide will help you find a POS with features to manage your business today and as you grow, everywhere you sell. More Shopify May 18, 2022May 18, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Harlem Capital leads seed into Because, an e-commerce enablement startup With global e-commerce sales poised to be a $5.5 billion industry this year, startups in the e-commerce enablement software space are looking to carve out a niche in this huge market. One of those is Because, a startup developing no-code software connecting disparate data sources to automate high volumes of website updates. Founder and CEO […] Tech Crunch May 18, 2022May 18, 2022 3 min read Results & InvestmentTechnology & InnovationData & InsightsOperations & Supply ChainShoppersShopifyNFTDeliveryCryptoExecutivesMarketing: TradeBrick and MortarStore LocationTech: AIMarketing: PrintAI / ML 0 Saving Bookmark this article Bookmarked
Channel: Marketplace A Simple Guide to Understanding Minimum Order Quantities (MOQs) in Retail Setting minimum order quantities is beneficial for both suppliers and buyers. Learn what MOQs are and how to optimize them for your retail business. More Shopify May 17, 2022May 17, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on record; shares pop 8% JD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan expected, a 18% year-on-year rise. CNBC May 17, 2022May 17, 2022 < 1 min read International 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Retailers Competing Hard For Media/Ad Dollars Business Insider reports on how “retailers are gunning for advertising dollars. “Retail ad is predicted to grow 31% to $41 billion this year, and, Amazon, Walmart, Instacart, and others are building ad businesses to get a piece of it. “They’re betting on the growth of e-commerce and the hope of offsetting retail’s thin margins by […] MorningNewsBeat May 17, 2022May 17, 2022 2 min read Data & InsightsAmazonInstacartInternationalMarketing: Retail MediaShopifyTargetConsumersWalmartMarketing: SocialShoppersMeta (Facebook)GoogleDeliveryWalgreensMarketing: BroadcastPredictions and ForecastsExecutivesESG and CSREconomyDept. HBCTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Cash on Delivery: A How-To Guide for Retailers Retailers are making online shopping convenient and risk-free by offering cash-on-delivery payments. Here’s what you need to know about this payment option. More Shopify May 16, 2022May 16, 2022 < 1 min read DeliveryShopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Competitors Loop and Happy Returns Partner to Streamline In-Person Returns Loop Returns, the return platform for Shopify brands such as Allbirds, FIGS, Princess Polly and Chubbies, has joined with its competitor Happy Returns by PayPal to offer box-free, label-free drop-off for U.S. consumers at 5,000 Return Bars across the country. The Shopify brands use the Loop platform to help them retain revenue with returns, which […] Retail TouchPoints May 16, 2022May 16, 2022 < 1 min read ReturnsPartnershipsShopifyShoppersConsumersSustainabilityPhilanthropyOperations & Supply ChainBOPIS 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Shopify Buys Logistics Company Deliverr Shopify’s acquisition of fulfillment company Deliverr will help it compete with Amazon and will otherwise jumpstart stalled growth. The post Shopify Buys Logistics Company Deliverr appeared first on Practical Ecommerce. Practical Ecommerce May 16, 2022May 16, 2022 < 1 min read ShopifyOperations & Supply ChainData & InsightsAcquisitionAmazon 0 Saving Bookmark this article Bookmarked
Channel: Marketplace BigCommerce Acquires Feedonomics in $145 Million Deal Open SaaS ecommerce platform BigCommerce has purchased Feedonomics, a data feed management platform, for approximately $145 million. Feedonomics aims to help mid-market and enterprise merchants succeed on hundreds of advertising channels and marketplaces by ingesting, unifying, enhancing and syndicating product data, and then syncing the resulting order data back into merchants’ existing systems to help […] Retail TouchPoints May 14, 2022May 14, 2022 2 min read BigCommerceData & InsightsOmnichannelPredictions and ForecastsOperations & Supply ChainExecutivesAcquisitionTechnology & InnovationPricing & PromotionsMarketing: SocialMarketing: In StoreESG and CSRData Visualization 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Demand Planning for Retailers: How to Prepare for an Influx of New Shoppers Demand planning is a technique retailers use to make sure they’re prepared for a change in customer demand. Here’s how to do it. More Shopify May 14, 2022May 14, 2022 < 1 min read StrategyShoppersShopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace The Future of Physical Retail in a Digital-First World When retail stores shut their doors in March 2020, many industry observers adopted a dismal view of the future of physical retail. By the end of the year, retailers had closed over 8,700 stores in the United States. At the same time, the ecommerce growth rate more than doubled, according to the U.S. Department of Commerce. As […] Shopify May 13, 2022May 13, 2022 < 1 min read Predictions and ForecastsShopifyBrick and MortarCOVID19 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Find a Retail Location: 6 Options to Consider When Setting Up Shop in a New Area Looking to expand your retail business and sell in-person? Location is key. Here’s how to choose the best retail location for your next store. More Shopify May 13, 2022May 13, 2022 < 1 min read Store LocationShopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Tidio raises $25M to automate customer service interactions During the pandemic especially, it’s become overwhelming for small- and medium-sized businesses (SMBs) to answer all of their customer service requests. A Freshworks survey found that companies experienced a 71% increase in overall contact volume between February 2020 and January 2021, and expect it to increase further. At the same time, customers — while empathetic […] Tech Crunch May 12, 2022May 12, 2022 3 min read ShoppersTechnology & InnovationMarketing: VoiceCustomer ExperienceCustomer ExperienceData & InsightsMarketing: SocialResults & InvestmentAssociatesReturnsShopifyOperations & Supply ChainExecutivesMeta (Facebook)Start UpsStore LocationPricing & PromotionsDeliveryPartnershipsThick DataDept. Natural / OrganicCOVID19Dept. NonfoodMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Shopify partners with Student Beans to launch student verification technology Canadian ecommerce giant Shopify has launched a partnership with online coupon redemption platform Student Beans. Student Beans offers exclusive coupons for students and provides free coupons to allow savings to… The post Shopify partners with Student Beans to launch student verification technology appeared first on Latest Retail Technology News From Across The Globe – Charged. ChargedRetail May 12, 2022May 12, 2022 < 1 min read Technology & InnovationPartnershipsShopifyPricing & PromotionsMarketing: TradeInternational - UKInternational - North America 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Affirm Extends Multi-Year Exclusive Partnership with Shopify in the U.S. SAN FRANCISCO–(BUSINESS WIRE)–Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced today a multi-year extension of its partnership in the U.S. with Shopify, a provider of essential internet infrastructure for commerce. The agreement cements Affirm as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. In connection […] BusinessWire - Retail May 12, 2022May 13, 2022 < 1 min read ShopifyPartnershipsConsumers 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Procurement: What it Is and How to Create Your Own Process Procurement is the act of acquiring goods and services for a business. Learn how to create your own procurement process in this article. More Shopify May 12, 2022May 12, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Snow is Dazzled by Cutting-Edge ROS Functionality For most brands, winning endorsement from Kim Kardashian, with her 290 million Instagram followers, is the stuff dreams are made of. For oral cosmetics brand Snow, the Kardashian seal of approval is one in a long line of celebrity recommendations, including from film stars such as Chris Pratt, TV legends such as Ellen DeGeneres, and […] Mark Hook May 11, 2022May 11, 2022 5 min read ShoppersOperations & Supply ChainCustomer ExperienceCustomer ExperienceInternationalPredictions and ForecastsConsumersPartnershipsData & InsightsDept. NonfoodShopifyTechnology & InnovationWalgreensMarketing: SocialStrategyResults & InvestmentPricing & PromotionsMeta (Facebook)Marketing: TradeBrick and MortarAssociatesHealth & WellnessMarketing: BroadcastDept. HBCBest BuyCOVID19DeliveryAmazon 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Tap to Pay: Everything You Need to Know as a Retailer Tap to pay gives you a fast, secure and convenient way to make payments. Accepting tap to pay at your store helps you stand out from the crowd. Learn more about how you can start using tap to pay today. More Shopify May 11, 2022May 11, 2022 < 1 min read Shopify 0 Saving Bookmark this article Bookmarked
Channel: Marketplace A Retailer’s Guide to Token Gating and NFTs Non-fungible tokens (NFTs) have taken the art world by storm by creating ways for musicians, designers, and other creatives to control how their work is distributed. Retailers have also begun experimenting with NFTs via token gating, a strategy that gives token holders access to exclusive products, experiences, content, and more. More Shopify May 10, 2022May 10, 2022 < 1 min read NFTCryptoShopifyStrategy 0 Saving Bookmark this article Bookmarked
Channel: Marketplace I’m Just Not That Into You: The Trap of the Promiscuous Shopper “We’ve already established what you are, now we’re just haggling over price.” – A less than PC old joke It’s hardly news that the retail industry is responsible for too many self-inflicted wounds. At the top of this list, perhaps, is many retailers’ long-term reliance on aggressive discounting to drive top-line sales. This has taught many […] Remarkable Retail Podcast May 10, 2022May 12, 2022 2 min read ShoppersMarketing: SocialPodcastsAmazonInternational - North AmericaTechnology & InnovationTargetResults & InvestmentMarketing: Loyalty & SubscriptionTwitterMarketing: TradeDept. GroceryConsumersAcquisitionStrategyShopifyPricing & PromotionsOperations & Supply ChainData & InsightsConsultingBrick and MortarDept. ApparelDeliveryExecutives 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Deep dive: Is Amazon’s Buy with Prime really ‘bad news’ for Shopify? Has Amazon just made its prime membership even more compelling? The ecommerce giant recently announced its ‘Buy with Prime’ (BwP) programme, a new initiative that lets third party retailers use… The post Deep dive: Is Amazon’s Buy with Prime really ‘bad news’ for Shopify? appeared first on Latest Retail Technology News From Across The Globe […] ChargedRetail May 7, 2022May 7, 2022 < 1 min read AmazonShopifyInternational - UKTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Shopify buys Deliverr for $2.1B to accelerate fulfillment network expansion The planned acquisition is a new step in Shopify’s bid to build an end-to-end logistics platform. RetailDive May 6, 2022May 6, 2022 < 1 min read ShopifyAcquisitionOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Marketplace Dollar General post strong sales gains in first quarter GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Channel: Marketplace CVS to launch virtual primary care solution WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Channel: Marketplace 22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. Written by Bobsled Marketing May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Channel: Marketplace Retail Earnings Confuse Rather than Clarify Earnings, and retail earnings in particular, are not as straightforward as they sometimes seem. Written by NASDAQ May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Channel: Marketplace Developing a Perfect Store Strategy in 2022 In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […] Written by Dor Sela May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked