In the news each day, there are reports of price increases (inflation) that average 4%. When a product's price increases 4% or 45%, this often hurts a retailer. Reason: the retailer may not know about this price change till after it has sold the item. Therefore, the retailer sold the item at 45% less than what it should have. If the item is a special order and the retailer does not have it in stock, it may barley make a profit on the order.
Bridge's product sharing service helps ...
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In this video I share why retailers don’t add a brand’s products to their websites and therefore fail the brand and themselves in the e-commerce race.
Bridge’s Smart Products marketing service ‘bridges’ the gaps in online distribution. Bridge's service helps brands show 100% of the brand’s products on an infinite number of retailers’ Bridge Stores. The retailer can use Bridge Store as a stand-...
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Contemporary Concepts, one of America’s premier luxury gift and tabletop stores, cut its website maintenance costs 90% by joining Bridge. The store, located in Pittsburgh, PA, joined Bridge this month. Before joining Bridge, the store was responsible for managing about 56,000 products online. The staff had to update prices for each item, find pictures, and load descriptions. By joining Bridge and using Bridge's product updating service (Smart Products), the store could offload ...
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February 14, 2018
February 14, 2018
Thanks to Michael Brezicky at Kitchen 2 Table for sharing this article about omnichannel commerce:
"In order to facilitate a customerβs independent research in the initial phases of their buying journey, a retailer must have their full catalog of shoppable inventory available online."
Bridge: Sounds like they need our Smart Product service :)
Excerpt:
"...high shipping costs accounted for 54 percent of online shopping cart ...
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