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At times you need to give your customers a reason to keep buying. To increase customer loyalty, the company offers special discounts to regular customers. This strategy is a brand loyalty program that works. A well-designed, customer-centric loyalty program can make customers feel good about buying from you.

More and more retailers are recognizing the importance of providing customers with a consistent and excellent experience throughout their shopping journey. When shopping, customers are not only interested in what they buy and how much it costs but also how they pay. Therefore, implementing the right payment strategy for in-store payment processing opens up new opportunities for retailers.

With that in mind, we've provided a comprehensive guide to getting a payment acceptance system up and running in your store. Many retailers accept credit cards and cash from customers. However, if you onl

Effective management of payments to multiple business partners effectively is crucial in today’s business landscape. To seamlessly manage and secure payments across multiple channel partners, AccountMein has emerged as a game-changer in providing an unmatched solution to this problem.

To verify and be sure of your legitimate channel partners is a cumbersome process. While companies struggle with this business challenge, AccountMein has revolutionized the KYC process via their onboarding application and web app which is enabled with an in-built OCR system to easily read various details from

Building long-term relationships with retailers is more crucial than ever for brands in today’s extremely competitive FMCG and retail sector. One of the most effective ways to foster these relationships is through well-structured incentive programs that reward retailers for their loyalty, performance, and commitment. This builds the brand's positioning in the offline stores and also makes the retailers prefer the brand's products over those of its competitors.

Building long-term relationships with retailers is more crucial than ever for brands in today’s extremely competitive FMCG and reta

As retail is becoming an ever-evolving industry, the management of finances becomes imperative to success, Retailer Direct Payouts have come to become an area of increasing interest. This guide will give a comprehensive view of what retailer direct payouts are, how they work, and why they are key in modern retail operations.

The mechanism of retailer direct payouts is the process where funds are paid by brands or suppliers directly to retailers for several reasons including - support in terms of promotions and rebates, loyalty and visibility programmes, or sales performance bonus. Unlike t

Paying out to multiple channel partners at a time necessitates accuracy, transparency, and consistency. When it comes to payouts, best practices that simplify the process must be applied in a multi-partner ecosystem. Let’s go through the seven key strategies to efficiently manage channel payouts with multiple partners, diverse payout models, and error risks involved.

A standardized payout structure comes in handy with so many partners involved. It simplifies the payment process, makes it fair, and does not cause confusion. Create clear tiers of payment or terms of payment that apply to mos

Visibility payouts are always an integral part of a retail strategy to attain the best in-store position and give brands the opportunity to stand out during consumer visits. Over the years, these payouts have evolved from simple incentives to sophisticated, performance-based models that align with both brand goals and retailer performance metrics. As the behavior of consumers, technology, and the way the market now operates has changed, so has the approach that regards visibility payouts making them vital factor in making a retailing endeavours successful.

The concept of channel payouts in retail and ecommerce transcends simple financial transactions. In fact, it has an empowering effect on the relationship between brands and their channel partners. To be successful in a competitive market, any firm needs to know how the efficiency of these payments affect collaboration and trust determining to ultimate success of the business.

Appropriate payout structures create open communication between brands and their channel partners. When partners are aware of the payout mechanism and criteria applied, it leads to trust and decreases possibilities of