PYMNTS

MARCH 11, 2020

If it weren’t for a certain pandemic that is dominating most news, the two biggest stories in retail over the past week would have been stunning at any other time. We intend to focus our energy and resources on driving profitable sales growth in our brick-and-mortar stores. And both of them are turning away from online sales.

Retail 131

Retail District of Columbia Guam Indiana 131

PYMNTS

MARCH 12, 2020

For retailers looking at stockouts, empty stores and the worst still to come, talk of recovery might seem premature. Retailers should first understand that the most stress is likely being placed on front-line employees and, if applicable, customer service reps. “All things must pass,” as George Harrison said.

Retail 131

Retail Resources America Software 131

PYMNTS

MARCH 30, 2020

Retailers are dutifully speaking with their payment service providers (PSPs) and industry partners to adhere to these shifts, but they must also keep their customers’ experiences in mind. Personalized experiences require merchants to have access to data — a crucial resource in helping them distinguish themselves from competitors.

United States 131

United States Retail Customer Experience Data 131

PYMNTS

APRIL 9, 2020

It seems like a year ago, but it was actually only March 8 when discount retailer Burlington announced that it was abandoning its admittedly watered-down eCommerce offering. On one hand, the best way to get people in stores and avoid the fate of other brick-and-mortar retailers was to make online sales the only option.

Retail 164

Retail Exercises United States Online 164

PYMNTS

FEBRUARY 17, 2020

The eCommerce-physical location hybrid is marking 2020 with a presence at the world’s leading marathons throughout the year (New York City, Boston, Berlin, Tokyo and London) and is seeing a bounce in sales tied to a comeback in high-performance running shoes, which is a market Taylor is planning on entering with the Tracksmith brand.

Boston 175

Boston Marketing Training Branding 175

PYMNTS

APRIL 10, 2020

Fruit Street – a virtual one-stop-shop specializing in digital diabetes diagnosis and treatment – has partnered with vegetarian meal kit purveyor Purple Carrot to add a retail angle to its health advisory service. We want our users to see themselves in our marketing materials and identify with those people.

Retail 242

Retail Guidelines User Experience Branding 242

PYMNTS

FEBRUARY 11, 2019

Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. More than six in 10 health and beauty firms — or 61.7

Innovation 166

Innovation Retail social media Apple 166

PYMNTS

NOVEMBER 24, 2020

With brands everywhere rushing to either revamp existing channels or launch new ones, the line between traditional retail and direct-to-consumer (D2C) sites is not only getting blurred, but it’s raising questions about whether this trend is a short-term reflexive phenomenon or the start of a long-term strategic realignment.

Retail 157

Retail Branding Analytics Resources 157

PYMNTS

FEBRUARY 27, 2020

In this case, it’s the gap between interest and intent, the chasm that lies between consumer awareness of unattended retail and actually taking the plunge in buying at the kiosk and vending machine. At a high level, according to PYMNTS data , unattended retail is reaching only one-tenth of its potential. Hurdles For Larger Merchants.

Retail 131

Retail Comparison Technology Branding 131

PYMNTS

MAY 28, 2020

But when it comes to the digital customer experience, retailers are playing catch-up. The issue is critical as retailers either move online or put more effort behind their eCommerce capabilities. We can’t just segment people or put them into good old marketing deciles — 1, 2, 3, 4, 5 and I really want to have five,” he told diginomica.

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Retail Customer Experience social media User Experience 144

PYMNTS

JUNE 20, 2019

Now, it has begun to tap into other offerings from the eCommerce retailer for marketing. Bestore Head of eCommerce Huang Xiao said, according to the report, “With the partnership, our strategies are more focused, sales behaviors are more targeted and resources are better allocated.”

Retail 100

Retail Data Groups Resources 100

PYMNTS

OCTOBER 18, 2018

To learn more about their customers and increase foot traffic, retailers are testing out new business ideas. In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. Macy’s , for example, is testing out pop-up stores in 10 cities in a concept called “The Market @ Macy’s.”

Innovation 145

Innovation Retail Online Branding 145

PYMNTS

OCTOBER 10, 2019

Retailers trying to scale their businesses can now get expert help from a new Shopify platform that connects merchants with skilled professionals, Shopify announced in a press release on Thursday (Oct. The new Experts Marketplace connects retailers with external resources and experts who specialize in the Shopify platform.

Retail 109

Retail Apple Resources Tools 109

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Their ability to market and add banking functionality … is a natural fit.”.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

JANUARY 16, 2020

Close the door and buckle up – retail automotive sales are getting an upgrade. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. Retail spending growth began to slow as we entered the fourth quarter,” he said. for both iOS and Android.

Retail 131

Retail Detroit Video Online 131

PYMNTS

FEBRUARY 10, 2020

However, while women may be founding more businesses in the second decade of the 21st century than ever before, they are still collecting merely a fraction of the funding, Visa ’s Senior Vice President and Head of North American Marketing Mary Ann Reilly told Karen Webster.

Retail 190

Retail Branding New York Tools 190

PYMNTS

SEPTEMBER 30, 2019

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

Retail 109

Retail Taxes Virginia South Dakota 109

FICO

OCTOBER 12, 2022

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. FICO Admin.

Marketing 96

Marketing Analytics Customer Experience Data 96

Abrigo

MAY 8, 2024

Read resources provided here to see what they're saying. This piece explains: Generative AI and how it differs from AI in general What’s behind the genAI hype and the concerns Real-world use cases of generative AI at financial institutions and Available resources for financial institutions to learn more about generative AI in banking.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

FEBRUARY 10, 2020

Amazon holds the dominant edge in the market for smart speakers, as about 70 percent of people in the U.S. That makes the online retail behemoth the definite leader in that field, and it’s expected to hold that lead through 2021, according to estimates from eMarketer. 9) by eMarketer.

Marketing 132

Marketing Google US Branding 132

Independent Banker

DECEMBER 31, 2021

As social media platforms tinker with their algorithms, marketing experts say one trend is clear: Paid social campaigns are becoming increasingly necessary to cut through the noise and reach customers. Although posting organically is an authentic way to build customer relationships, it requires time and patience to reach marketing goals.

Marketing Strategies 91

Marketing Strategies Strategy Marketing social media 91

South State Correspondent

JANUARY 17, 2024

The takeaway is that banks interested in increasing their market-to-book ratio should consider allocating more resources and capital to deposit products and deposit marketing. Loans, by contrast, usually drive 75% of total asset productivity but only impact market-to-book changes by 8%. The answer is – most likely.

Study 195

Study Maine Analytics Capital 195

PYMNTS

OCTOBER 9, 2019

Cloud Subscription Provider pCloud Seeks To Crack Emerging Market Payments Problems. This is especially true for emerging markets where mainstream forms of payment like credit cards or PayPal are not commonly available. Find more on these and all the other latest headlines in the Tracker. Read the full story in the Tracker.

Meeting 141

Meeting Marketing Payments Cards 141

South State Correspondent

MAY 1, 2024

Gentle Monster Background Founded in 2011 by Kim, Gentle Monster initially struggled to break through against large brands like Luxottica which controls an estimated 30% of the US market, and is behind almost every single designer eyeglass brand you can think of, including Ray-Ban, Oakley, Armani, Ralph Lauren, Chanel, Prada and many more.

Innovation 195

Innovation social media Branding Marketing 195

PYMNTS

APRIL 1, 2020

In a recent conversation with Karen Webster, he discussed why big-box retailers that have struggled to compete in an eCommerce ecosystem found an unexpected leg-up as they stepped into the B2B business model. Optimizing Ad-Hoc Procurement. The Playbook offers the example of a hotel with several broken television sets.

Marketing 160

Marketing Retail Fraud Examples 160

PYMNTS

MARCH 29, 2019

You’ve probably gotten the memo already, but in case you missed the message, here you go: Mere retail is boring. Mere retail is not enough. According to Foot Locker , that store has 8,500 square feet of retail space and “is home to an activation space that will host regularly scheduled events and activations for the sneaker-obsessed.”

Retail 108

Retail Detroit Michigan Branding 108

Perficient

DECEMBER 4, 2020

Many retail or consumer goods businesses have had to switch from traditional, in-person shopping experiences to digital buying. For example, curbside pick-up has become extremely resourceful to consumers during these unprecedented times. Find ways to be very relevant when you target and market to your existing and future customers.

Customer Experience 309

Customer Experience social media Branding Retail 309

PYMNTS

JULY 5, 2017

Over the last few years, in the midst of the retail revolution, merchants have begun moving toward a more direct retail approach. Given how eCommerce has greatly impacted traditional brick-and-mortar retailers, it is no surprise that an increased number of innovative retail solutions have recently sprung up.

Marketing 102

Marketing Retail Strategy Branding 102

PYMNTS

AUGUST 8, 2018

These things weren’t future-proofed individually or in tandem – and were plainly non-extensible into the modern omnichannel retail that sprouted up. Major retailers would have to integrate into separate acquirer stacks when they wanted to expand online – even if they were working with the same payment company.”. The Grocery Example.

Retail 152

Retail System Branding Software 152

PYMNTS

DECEMBER 28, 2020

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat. Three percent is a healthy number, as Sadove said, but it is more of a testament to the retail industry’s marketing than it is an indication of consumer spending health. percent unemployment rate.

Data 260

Data Retail Online Report 260

PYMNTS

SEPTEMBER 12, 2016

The rise of eCommerce , the push toward omnichannel shopping platforms, the increasing relevancy of social media on shopping habits and the development of the Internet of Things to plumb every last morsel of data on customers and what they spend money on are all rapidly and drastically altering the face of retail.

Retail 100

Retail Millennials Study social media 100

PYMNTS

SEPTEMBER 20, 2018

Retail Use Case. Pezold could not name names, but during the PYMNTS webinar, he offered a use case involving a large global retailer client, one that employs customer relationship management (CRM), enterprise resource planning (ERP), loyalty offerings, eCommerce as well as other features and technologies.

Retail 129

Retail Data Compliance Security 129

PYMNTS

JANUARY 19, 2021

The shift to digital commerce has opened up new markets for companies across all verticals and sizes. Olivier Schott , co-founder of Scalefast , told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges. And everyone, he said, wants to crack the Chinese market.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

APRIL 22, 2016

As consumers try on different Internet of Things -enabled products to see if they fit with their lifestyles, the manufacturing and retail worlds are moving right ahead with slightly more ambitious projects. “Our strength in biometric solutions provides powerful endpoints for IoT solutions for manufacturing and retail industries.

Retail 100

Retail Resources America Industry 100

PYMNTS

MAY 26, 2020

The chief executive of the Woodland Hills, California-based company whose portfolio includes more than 1,500 tenants occupying 10 million square feet of retail space, was quick to remind the network that not all stores are open. “We But you can access equity markets [and] public debt markets.

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Groups California Colorado Illinois 205

PYMNTS

JUNE 13, 2017

It has advantages for retailers, too. Data Enabler VoltDB helps retailers carry that load, with broad, deep, and most importantly, fast data reporting that enables them to adapt to fluctuating inventory needs on the fly. A recent trend in retail is the increased use of buy online and pickup in store (BOPIS).

Retail 111

Retail Data Online Management 111

PYMNTS

SEPTEMBER 30, 2020

Dramatic shifts are underway in the retail sector as it adjusts to consumers’ increasingly digital preferences. These retailers are accustomed to engaging with their customers in brick-and-mortar stores and building long-lasting relationships that lead to brand loyalty. OAK + FORT On Navigating Changing Consumer Behaviors With BNPL.

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Payments Millennials Retail Trends 279