How Health & Wellness Retailers Can Embrace Social Media & Get To Market Faster
Health & Wellness retailers need tobe where their customers shop, but also have access to the thousands of new suppliers daily to capture a greater market share of these ever-growing trends. Gone are the days where trends could last upward of a year, giving traditional retailers time to monetize what they could. In today’s market, speed is everything. Luckily, that’s where multi-vendor commerce comes in.
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The Four Stages of Multi-Vendor Commerce Selling Maturity
From early adoption to advanced optimization, each stage of the MVC Maturity Curve presents unique challenges and opportunities for scalability, vendor management, and customer satisfaction. However, there was one glaring hole in the MVC Curve, and that was for sellers. MVC maturity is not the same for retailers and sellers, and so we’re releasing our MVC Selling Maturity Curve to help suppliers get a better sense of where they are in the market.
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Drive Brand Loyalty With A Efficient & Convenient Returns Process
With everyone so focused on acquiring and delivering products to the customer, we often forget about post-order support, like Returns. Believe it or not, post-order support is what really drives brand loyalty and keeps your customers coming back—so much so that 80% of customers say an inconvenient return policy will actually stop them from placing the order in the first place.
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It’s Time For Furniture & Appliance Organizations To Embrace Social Selling
With 71% of consumers more likely to make a purchase based on social media referrals, and an overwhelming 80% of U.S. consumers more likely to make a purchase based on a social media recommendation from an influencer, its time for Furniture & Appliance retailers to not only expand into accompanying products but also embrace selling on the world’s largest fastest marketplace—TikTok Shop.
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Apparel & Accessories Organizations Must Embrace Social Media To Drive Sales
More than ever, Apparel & Accessories brands must meet their customers where they spend the most time—on social media platforms. In the U.S., nearly 54% of Gen Z shoppers will find gifts on TikTok Shop alone. A third of U.S. respondents will shop for gifts seen on Facebook and Instagram ads, and almost a quarter (24%) of U.S. Gen Zers will make their purchases through influencer recommendations.
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Effectively Identify & Address Critical Communications With The Message Center
The message center provides a single location to view all communications including product messages, order messages, and direct messages to trading partners. The filter allows users to quickly find specific messages by various criteria including partner, date, status, and action required flag. This allows users to more effectively identify and address critical communications.
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Home Hardware Organizations Should Adopt A Unified Solution To Drive Growth
In 2024, the trends specifically impacting home improvement are technology, availability, and normalcy. As technology continues to defy expectations of what's possible in the home, smart homes and smart integrations continue to dominate the nearly $300 billion industry in the United States. Availability, which played a major factor between 2020-2023, continues to drive prices as supply chains stabilize from the COVID-19 shutdowns. And normalcy, something often forgotten, plays a large role in the continuing decline of DIY projects across the country with now nearly 40% of consumers saying they would rather “someone else” improve their home—A sharp increase from the 20% in 2021.
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Logicbroker Q3 Product Updates Upgrade Scorecards, Reporting, and the Portal Dashboard For Dramatically Enhanced User Experience
Our Q3 updates—Reporting & Collaboration, Eliminating Integration Barriers, and Increasing Visibility for Efficiency & Control—are the perfect stepping stone for those looking for more flexibility and control over their commerce systems. With more native connectors, increased control over vendor scorecards, and unique ways to modify your portal dashboard, retailers and brands can now easily navigate through suppliers, partners, product data, and integrations faster than ever before.
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Logicbroker’s Wholesale Replenishment Tools Enable Reduced Labor Costs & Better Inventory Tracking
Logicbroker’s wholesale replenishment tools empower frictionless warehouse receiving, reduced labor costs, and better inventory tracking so you can spend more time selling your products than receiving them. No matter the scale of your business, Pallet Level Details, Carton Details, ASNs, and GS1 labels can help Growing Retailers reduce warehouse costs through automation, and help Established Retailers increase margins through improved supplier compliance, reduction in freight costs, and even help presell inventory.
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