In this new report, TotalRetail shares their annual collection of the 50 best tips of the year, which appeared in their e-newsletter (Total Retail Report ) and on the website of Total Retail in 2019.
They “pored over every piece of content” published in 2019, including articles, blog posts, podcast episodes and videos, to identify the 50 very best tips of the year. These tips cover virtually every facet of running a successful retail business, from customer service to inventory management to marketing to supply chain, and much more. Each tip offers valuable insight that readers can implement into their businesses immediately, such as this one, offered by Guy Yalif, CEO of Intellimize, in “7 Tips for Boosting Cart Conversion Rates,” Total Retail Report, Nov. 5.
“Leverage location data to better estimate shipping costs. Shoppers are often price sensitive and, particularly online, want the full cost of their purchase ahead of time — including any shipping fees. Use a customer’s location (through reverse IP lookup) to estimate the shipping costs, potentially removing buying steps and avoiding surprises when it’s time to click the “Checkout” button.”
Get the entire 50 best tips report by clicking here.