Omnichannel is a buzzword. Multichannel is a strategy.
Have you heard that omnichannel is the future of retail? Do you read case studies and blog posts about being everywhere for your customers, all the time? Maybe you’ve even seen that omnichannel is the next evolution of multichannel.
I’m here to tell you that you’ve been misled!
Top 5 Online Payment Solutions for Online Retailers
With the steady increase in online shopping, it’s crucial to start selling your products online to grow your business. However, it’s harder than you may expect to make your website capable of handling online transactions. Connecting your site with a payment processing provider often requires advanced technical knowledge.
Luckily, third-party payment service providers give you this capability without the complexity. These type of providers deliver the solutions to process transactions and create a better shopping experience for your customers.
But, there are multiple types of payment service providers available. They have different features, capabilities and rates. How do you figure out which one is best for you? (more…)
What We’re Reading: Customer Self-Service, Web Store Design, Maximizing Holiday Profits
This week we announced our new Product Information Management (PIM) solution and officially began marketing it for the holiday season. We prepared some tips for sellers to help guide them towards growth, profitability and customer loyalty. That made me wonder how other technology providers were advising these same sellers. So I looked that three of our fastest growing partners and here’s what they had to say.
Multichannel Retailers Need to Rethink Merchandising
Merchandising (managing product data, executing promotions, and setting pricing) is critical for the multichannel seller. Retail is more complex than it has ever been. Therefore, the need for processes and technology that help you stay on top of your product data has never been stronger.
To be successful in the modern retail world, you need to understand how merchandising is different than it has ever been and why you should be using a product information management system to stay ahead of the game. (more…)
5 Things You May Not Know About Reverse Logistics
Reverse logistics can be a messy business. Most people think of item returns when they hear the term “reverse logistics”, but returns are far from the only aspect. There’s a quandary of information out there about reverse logistics, but I’ve consolidated some good information into five things you may not already know.