Speed Fulfills Your Promise for Growth and Margins - Building Amazon-Like Networks
SOURCING at MAGIC

Speed Fulfills Your Promise for Growth and Margins - Building Amazon-Like Networks

Fashion Technology
Wednesday, Feb 14, 2024
2:30 PM - 3:30 PM | America/Los_Angeles

Education

SOURCING at MAGIC, Central Hall, Booth# 62324
Anglais
À propos
Speed of service to consumers emerged as the powerful driver for retail-focused businesses. Meeting the demand for two-day delivery with your supply chain ensures a positive customer experience and sets you apart from many competitors. These basics are core triggers for customers' "buy now" impulses and reduce second-guessing or cart abandonment, resulting in higher conversion rates and repurchase velocity. Equally compelling is that being close to customers reduces shipping distances significantly cutting costs with improved sustainability, offering retailers or brands a win on all factors. From one of the original founders of Amazon Fulfillment, discover how to leverage faster delivery for increased conversion rates through repeat purchases, positive word-of-mouth, and lower customer acquisition costs with reduced supply chain costs and complexity.

Key Takeaways:
- Speed is a crucial driver for retail businesses, with two-day delivery being the expectation from customers and lower costs being the expectation from everyone —the right supply chain does both.
- Being within two days for customers triggers higher conversion rates and repurchase frequency.
- Proximity to customers reduces shipping costs, enhances sustainability, and reduces returns resulting in lower supply chain costs

Speaker:
Cayce Roy, CEO, Standvast Fulfillment