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2023 holiday report: data-driven strategies to make the buyer’s nice list

crisp

Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior. Consumers are undoubtedly becoming more cost-conscious , but how can businesses leverage this shift to their advantage? And how can brands effectively prepare for the year’s most crucial shopping season?

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This Week in Logistics News (July 23 – 29)

Logistics Viewpoints

With its commitment to have all 100,000 electric delivery vehicles on the road by 2030, Amazon will save millions of metric tons of carbon per year. to get online orders to doors quicker and at a lower cost. But now there is an oversupply of containers and prices have been falling since September.

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How Product Videos Are Driving More Revenue for Online Retailers

RFgen

Maximizing the customer experience online can bring greater returns for retailers, according to a University of Miami study. More than 40 percent of customers say they try to avoid retailers whose services are slow, according to Quantum Metric. Shoppers Spend More When Product Videos Are Used.

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How Product Videos Are Driving More Revenue for Online Retailers

RFgen

Maximizing the customer experience online can bring greater returns for retailers, according to a University of Miami study. More than 40 percent of customers say they try to avoid retailers whose services are slow, according to Quantum Metric. Shoppers Spend More When Product Videos Are Used.

Video 52
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Valentine’s Day and the Logistics of Love

Enterra Insights

Francisco Ricaurte reports, “To ensure these precious flowers arrive at peak freshness, UPS shepherds the shipments from colorful growing fields in Latin America through the Miami International Airport — where UPS is one of the largest air cargo carriers — to final recipients in less than two days. ”[6].

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COVID-19: Bullwhip in Cheese Demand

Operations and Supply Chain Management

A UPS jet at Miami International Airport. Revenues and profit at the delivery giant rose by double digits in the third quarter amid the pandemic-driven rush of online orders, the WSJ’s Paul Ziobro reports, but UPS’s main domestic business posted a sharp decline in profit on the higher costs of delivering all those boxes to homes.

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Organized Retail Crime is Growing, Losses up 7% from Last Year

Material Handling & Logistics

A National Retail Federation report found that 92% of companies surveyed had been a victim of organized retail crime in the past year. The report found that 92% of companies surveyed had been a victim of ORC in the past year and that 71% said ORC incidents were increasing. The number was down from 40% last year and 44% the year before.

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