Blockchain Press Releases
Regular shoppers 150% more likely to abandon retailers over poor delivery experience
nShift releases top tips on building a great delivery experience
LONDON, July 25, 2023 /PRNewswire/ — Frequent shoppers are more than twice as likely to abandon an online retailer over a poor delivery experience than their casual counterparts.1 But according to experts at nShift, the global leader in delivery management software, ecommerce companies can build loyalty with consumers by focusing on how items are shipped and delivered.
Research reveals that some 63% of British shoppers will abandon their shopping basket or switch retailer if delivery options fail to meet their needs. This is true for 53% of French customers and 38% of Germans.2 A third of shoppers across Nordic countries consider free delivery to be paramount.3
Most significantly, frequent shoppers are 2.5 times more likely than occasional buyers to take their business elsewhere after a poor delivery experience.4 When the delivery experience falls short, a retailer’s best customers are the most likely to shop around for a better experience.
Sean Sherwin-Smith, Post-Purchase Product Director at nShift said: “How items are shipped to customers is a crucial part of delivering ecommerce success. When online retailers and webshops get this right, they build loyalty with shoppers and grow their revenue. When the delivery experience lets them down, they risk losing big-spending customers to retailers that offer a better experience. Now more than ever, ecom companies must prioritize giving customers the shipping options they desire. It’s crucial that they deliver on their promises and keep shoppers updated throughout the whole process.”
Sean Sherwin-Smith offers his top tips on building the best delivery experience:
1. Provide and clearly display a range of delivery options at checkout – some shoppers seek swift deliveries. For others price is paramount. Offering a range of options at checkout increases conversions. But it’s essential that these options are clearly and intuitively badged
2. Ensure transport capacity – during busy periods, it’s crucial that retailers ensure they can keep their promises. This is best achieved through relationships with multiple carrier companies and ensuring that the company’s tech stack can quickly facilitate these relationships
3. Maximize delivery success – giving shoppers the opportunity to identify and choose alternative Out Of Home (OOH) collection options is a welcome alternative to having to wait at home for a delivery. Parcel shops, parcel lockers and the store itself offer shoppers a more substantial choice
4. Keep in touch – relevant communication keeps the customer engaged and helps contain any negative feedback. If a retailer distributes communication in their own look and feel, it helps build the brand at a time when shoppers are most engaged. This makes it easier to remarket to shoppers
5. Make returns easy – countless consumers simply won’t complete their purchase if it’s not clear how they can return a product. Operating a simple digital returns process gives shoppers confidence in the brand. It also makes it easier for the retailer to track patterns and work out why items are being sent back. This can reduce the volume of returns
nShift connects its customers to a ready-made library of over 1000 carriers. Its solutions enable ecommerce companies to create a seamless delivery experience from checkout to returns.
About nShift
nShift is the global leading provider of cloud delivery management solutions enabling frictionless shipment and return of almost one billion shipments across 190 countries annually. nShift’s software is used globally by e-commerce, retail, manufacturing and 3PL shippers. The company is headquartered in London and Oslo. It has over 500 employees across offices in Sweden, Finland, Norway, Denmark, United Kingdom, Poland, the Netherlands, Belgium and Romania.
Logo – https://mma.prnewswire.com/media/1782566/nShift_Logo.jpg
- https://www.retailtechnologyreview.com/articles/2022/01/17/uk-shoppers-most-likely-to-abandon-online-purchases-due-to-poor-delivery-options/
- https://www.retailtechnologyreview.com/articles/2022/01/17/uk-shoppers-most-likely-to-abandon-online-purchases-due-to-poor-delivery-options/
- https://stptrans.com/ecommerce-is-booming-in-the-nordic-markets/
- UK shoppers most likely to abandon online purchases due to poor delivery options | Retail Technology Review
View original content:https://www.prnewswire.co.uk/news-releases/regular-shoppers-150-more-likely-to-abandon-retailers-over-poor-delivery-experience-301885001.html
Blockchain Press Releases
Binance Labs Backs Movement Labs’ Mission to Bring ‘Move Everywhere’ with Investment
- Undisclosed Investment From Binance Labs Follows Movement’s $38M Series A Funding Round
SAN FRANCISCO, May 1, 2024 /PRNewswire/ — Movement Labs, a San Francisco-based blockchain development team, today announced an investment from Binance Labs. These investments closely follow Movement Labs’ successful $38m Series A funding round as the company continues to gain momentum in its mission to bring ‘Move Everywhere.’
Founded in 2022, Movement is building an ecosystem of Modular Move-based blockchains, starting with M2, the first Move Virtual Machine L2 for Ethereum. Movement will use the funds to expand its suite of open-source tooling, frameworks, and protocols to facilitate the adoption of the Move programming language across broader blockchain ecosystems. With Movement, developers can launch secure, performant, and high-throughput Move VM rollups as easily as they do smart contracts.
As part of its global expansion strategy, Movement Labs is placing a strong emphasis on the Asia-Pacific (APAC) region, recognizing the immense potential and talent within the Move development community. The company is committed to championing and supporting Asian Move developers, providing them with the resources, education, and opportunities needed to showcase their exceptional work and contribute to the growth of the Move ecosystem.
“We are thrilled to welcome Binance Labs as an investor,” said Rushi Manche, Co-Founder of Movement Labs. “Their support and expertise will be invaluable as we continue to execute our ‘Move Everywhere’ strategy, starting with a focus on the vibrant and innovative APAC market. By empowering and collaborating with the talented Move developers in the region, we aim to accelerate the adoption of Move and unlock new possibilities for the entire ecosystem.”
For more information about Movement Labs and a guide to participate in its devnet, please visit: movementlabs.xyz and follow on X @movementlabsxyz and on Discord. Connect with us at movementlabs.xyz to discuss global business opportunities.
About Movement Labs:
Co-founders, Rushi Manche and Cooper Scanlon, early builders in the Move ecosystem, founded Movement Labs in 2022 as the first integrated blockchain network, powering the fastest and most secure Layer 2 on Ethereum. Designed to pair smart contract security and parallelization with EVM liquidity and user bases, Movement is bringing the MoveVM to Ethereum through its flagship L2 and connected rollups with the Move Stack.
About Binance Labs
As the venture capital arm and accelerator of Binance, Binance Labs has now grown to be worth over $10 billion. Its portfolio covers 250 projects from over 25 countries across six continents and has a return on investment rate of over 14X. Fifty of Binance Labs’ portfolio companies are projects that have gone through our incubation programs. For more information, follow Binance Labs on X.
Video – https://mma.prnewswire.com/media/2402328/Binance_animation.mp4
Logo – https://mma.prnewswire.com/media/2397018/movement_logo_full_color_rgb_2000px_72ppi_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/binance-labs-backs-movement-labs-mission-to-bring-move-everywhere-with-investment-302132810.html
Blockchain Press Releases
Discover Move Move Coin: Is This the Next Sports Blockchain for Your Workout?
SINGAPORE, May 1, 2024 /PRNewswire/ — MMC Foundation Singapore is excited to announce the launch of Move Move Coin (MMC), the first-of-its-kind blockchain sports project designed to transform how we think about fitness and technology. This pioneering initiative is set to merge health with high-tech, promoting nationwide fitness through the innovative use of Web3 technology.
Transforming National Fitness with Blockchain
By integrating physical activity with blockchain, MMC creates a unique ecosystem where exercise translates directly into MMC computing power. Participants can engage in the MMC exercise plan, turning their workouts into tangible incentives for every physical activity.
Move Foundation’s mission is to ignite a passion for sports across the nation by offering a cutting-edge, enjoyable sports ecosystem. With the introduction of MMC, the vision is to position it as the leading global initiative for national sports programs powered by Web3 technology, setting a precedent for future sports blockchain projects.
Why You Should Move With MMC Foundation
MMC lies in a dynamic system that transforms physical activity into tangible rewards. Participants can enhance their fitness routines while simultaneously generating MMC computing power, a novel approach that earns them MMC encrypted assets. This unique feature leverages the dual benefits of health and technology, offering an incentive that goes beyond traditional fitness rewards.
The integration of NFT technology with sports equipment not only personalizes the user experience but also amplifies the benefits received from workouts. By purchasing NFTs that represent various pieces of sports gear, users can increase their MMC accumulation, thus adding a layer of customization and value to their exercise regimen.
To safeguard the integrity and longevity of NFT assets, MMC Foundation employs the IPFS network for storage, ensuring decentralized, reliable access worldwide. Looking ahead, MMC Foundation is set on expanding MMC’s footprint globally, collaborating with other blockchain ecosystems for seamless asset circulation and exchange, and positioning itself as a leader in the sports blockchain market.
The Global Vision for MMC Foundation
The future of the MMC project is marked by an ambitious global expansion strategy. This involves not only widespread promotion across various markets but also strategic partnerships with other blockchain ecosystems. These collaborations are essential for facilitating the cross-chain circulation and exchange of assets, enhancing the interoperability and reach of the MMC ecosystem.
MMC Foundation is also committed to a robust global marketing drive aimed at establishing the project as a top-tier brand within the sports blockchain industry. By actively promoting and aligning with international sports and fitness communities, MMC Foundation aims to create a widely recognized presence worldwide.
About Move Move Coin
Move Move Coin (MMC) is a solution initiated by the MMC Foundation in Singapore that utilizes Web3 technology to encourage and motivate nationwide physical fitness activities. MMC operates as a token rewards and blockchain-driven system, allowing participation in token mining through devices like smartphones and smartwatches for activity monitoring.
For more information, please visit:
- Official Website: movemovecoin.com
- Blockchain Explorer: mmcscan.com
- Whitepaper: https://doc.movemovecoin.com/zh-cn
Photo – https://mma.prnewswire.com/media/2402546/MMC_Visual.jpg
View original content:https://www.prnewswire.co.uk/news-releases/discover-move-move-coin-is-this-the-next-sports-blockchain-for-your-workout-302133005.html
MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.
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