Originally a mobile e-commerce platform co-founded by Carl Waldekranz in 2012, Tictail has opened the doors to its first-ever permanent storefront in Manhattan’s Lower East Side. Tictail is an online platform that helps entrepreneurs build online shops within minutes. It is also a shopping destination for finding the best emerging fashion and home décor designers from around the world. It is reported that Carl has raised over $32.5 million for his mobile DIY e-commerce platform. The intriguing part is why a profitable platform like this would decide to open up a storefront.
A recent report published by Verizon- a highly respected security consultancy- highlighted that of all card data breaches investigated, not a single organization was fully compliant with the Payment Card Industry Security Standard (PCI DSS). The report pinpointed that businesses adhering to the latter had fewer risks of becoming victimized by cyber attacks.
In a recent panel talk at the ICX Summit in Dallas, vice-president of Pizza Hut International, Rohit Kapoor, shared his strategies and insights on the mobile customer experience, and how it can create a better experience for their regular customers, as well as giving new customers a great first impression.
Shipping is the backbone of any online commerce. However, it is a process that every retailer would joyfully avoid if possible due to the many complexities and costs entailed. With a bid to attracting and holding the grip on clients, many retailers even opt to offer free shipping, with the high risk of dramatically reducing their margin of profit.
Over the past few decades, the internet has developed into a dynamic and viable retailing channel, generating billions in online retailing sales. Online shopping has risen fast because of the many benefits associated with it. Nonetheless, we are not 100% safe from cyber attacks.
Mobile point-of-sale systems, or mPOS, are a digital replacement to normal POS systems, using any form of touchscreen mobile devices, such as an iPad, smartphone, or tablet. When added to the iPad, smartphone or tablet, it can serve as a mobile cash register, giving staff the ability to ring up sales anywhere in the store.
Mobile wallets have already gone mainstream for consumers. The trend is being consolidated as many merchants are equally playing the game by offering various services and modes of payment related to the mobile wallet. In this vein, e-commerce and mobile transactions are absorbing a bigger and bigger part of the expenditure of consumers, and retailers who have not adopted the mobile wallet should seriously consider integrating this multi tool into their business strategy to stay competitive.
Summer time does not rhyme with a vacation for travel agents. It is the peak season where thousands of people are traveling and when travel agents are literally overwhelmed with a voluminous workload. It is true to say that the travel industry is highly delicate as if it easily influenced by various unpredictable factors. And even in low season, the market can be subject to various negative factors. The challenges that travel agents have to overcome are indeed not so simple.
Payments are an ecosystem in constant evolution. Small entrepreneurs and businesses may easily feel it difficult to stay up-to-date. However, to stay ahead of the curve, it is crucial to keep pace with the innovative technologies in this sector.
The retail industry is more than ever a bustling ground. Sales are on a constant hike as innovations in various fields are unfolding at high speed. If you want to engage yourself in the retail business and benefit from a high Return on Investment (ROI), you need to consider the ten major Cs that are highly impacting on multiple facets of the industry.