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Lead with scienceWhether you run a global food empire or a local bakery, using science to streamline services or create ...
18/07/2022

Lead with science
Whether you run a global food empire or a local bakery, using science to streamline services or create innovative solutions will ultimately set you on the road to success. Just as all companies have been forced to embrace digitalisation, Accenture believes embracing science will be crucial in benefiting from innovation.

Unfortunately, we can’t predict the future (bummer, we know). But we can look to the pros to get a better understanding ...
17/07/2022

Unfortunately, we can’t predict the future (bummer, we know). But we can look to the pros to get a better understanding of what’s going on right now and how it might play out as more time passes.

Hopefully with this small business trend breakdown, you’re feeling a sense of confidence or even relief—or, at the very least, now have a better understanding of the game plan you need to help make sure your business thrives in the coming weeks, months, and years.

Both businesses and consumers are increasingly aware of the impact commerce has on our planet. So, it’s no surprise that...
17/07/2022

Both businesses and consumers are increasingly aware of the impact commerce has on our planet. So, it’s no surprise that companies are planning their operations with sustainability in the back of their minds.

But rather than cutting costs to navigate these challenges, founders are investing in solutions for addressing them. For...
16/07/2022

But rather than cutting costs to navigate these challenges, founders are investing in solutions for addressing them. Forty-five percent plan to invest in manufacturing capacity, 44% plan to invest in increasing the speed of their supply chain, and 44% plan to invest in improving collaboration with 3PL partners.

The pandemic has truly shown how supply chain hiccups can impact even small businesses. Data from Shopify’s 2022 Future ...
15/07/2022

The pandemic has truly shown how supply chain hiccups can impact even small businesses.

Data from Shopify’s 2022 Future of Commerce report revealed that 40% of founders said they would be somewhat impacted by global supply chain delays, and 28% said they’d be strongly impacted. For consumers, additional shipping delays and costs topped the list of concerns, followed by delays in product manufacturing.

We also recommend being upfront about any additional fees so there are no surprises for customers. Also, be sure to incl...
15/07/2022

We also recommend being upfront about any additional fees so there are no surprises for customers. Also, be sure to include proper customs documentation in order to avoid issues on arrival. These documents tell customs officers at the destination location what is in the package, how much it costs, and whether it is a commercial item or gift.

Shipping is still a cause of concern, though, as revealed in Shopify’s 2022 Future of Commerce report. Forty-three perce...
15/07/2022

Shipping is still a cause of concern, though, as revealed in Shopify’s 2022 Future of Commerce report. Forty-three percent of consumers said they don’t want to have to pay extra for international orders. Plus, they are worried about experiencing higher overall shipping costs or longer delivery wait times.

Fortunately, taking a few steps can help ease most concerns around international shipping. Shopify has tools to help you improve the cross-border shopping experience, including price adjustments for different markets and setting clear international shipping rates.

The retail world is the obvious place for influencer marketing to be a success. Our report shows that 27% of retail orga...
14/07/2022

The retail world is the obvious place for influencer marketing to be a success. Our report shows that 27% of retail organisations are increasing their online influencer engagements. Furthermore, this form of marketing is far outreaching initial expectations, with TikTok surpassing Google as the most used platform on the planet.

E-commerce has been around since the 1980s, a pioneer in the digital world. However, to stay ahead of the curve and deli...
14/07/2022

E-commerce has been around since the 1980s, a pioneer in the digital world. However, to stay ahead of the curve and deliver a digital experience in line with customer demands, retail and e-commerce brands must maximise their data, engage with influencers and consider the benefits of artificial intelligence. The State of In-Housing Report 2022 gives further insight into how retail businesses approach digital transformation.

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