Payment Options

For merchandise sellers not rooted online, alternative payment programs such as PayPal and Bill Me Later once carried the stigma of being designed primarily for consumers with bad debt. But as representatives from two major integrated retailers, American Eagle Outfitters and Orvis, noted during a session at August's eTail Conference in Baltimore, that's no longer the case.

Very little PR I get in my inbox grabs my eye, but this one warrants a little attention. A few weeks ago, I was nudged by a Dublin, Ireland-based data management firm called Ethoca, which has developed something across the pond called the Collaborative Fraud Management platform and hosts The Global Fraud Fighting Community. This is a group of European merchants who pool their transaction information to determine and share with other group members those potential transactions that are legit or fraudulent. Now Ethoca has brought its efforts to the U.S., and one of the first merchants it signed up was multichannel computer equipment

As the number of channels through which catalogers promote their products increases, so, too, does the need for consistency among an organization’s marketing materials. If you want both existing customers and prospects to recognize your brand, the elements that are used in your catalog must appear on your Web site, in your e-mail campaigns and, if applicable, at the retail level. It sounds like common sense, but if your creative processes aren’t streamlined, consistency can be difficult to achieve. “Some companies, like Harry and David, are really good at keeping it all aligned: their Web sites, e-mails and stores,” notes Carol Worthington-Levy, partner

If you’re like most catalogers, you’ve either discussed giving up the use of a bind-in order form with envelope or you have already eliminated it. There’s a definite trend to eliminate the bind-in order form/envelope typically found in the center of catalogs. Is that really the right thing to do? This month, I’ll offer the pros and cons of using a bind-in order form/envelope, provide you with actual test results and give you the criteria to use to make the right decision for all the right reasons. Facts Don’t Lie I first explored this topic in a Catalog Success column back in

Problem: Ross-Simons wanted to make its luxury products more affordable without lowering prices. Solution: It implemented a deferred billing program. Results: Conversion rates during seasonal, deferred-billing promotions experienced double-digit increases. A few years back, Ross-Simons recognized that its customers had limited options when it came time to pay for their purchases. When customers ordered online or over the phone, “it was either take the Ross-Simons credit card or pay with your Visa,” says Larry Davis, the multichannel jewelry, home décor and accessories merchant’s vice president of marketing. “We wanted a more flexible solution.” Although the Cranston, R.I.-based company had a house

Problem: The order entry system for My Grandma’s of New England routinely transposed data from one order to another, causing shipping errors and other assorted problems. Solution: The company implemented a new order entry system. Results: Shipping errors were virtually eliminated. My Grandma’s of New England had an order entry system (OES) that was wildly unstable, often causing data errors that resulted in shipping methods from one order being applied to another order, disappearing entirely or customer greetings placed on an order to end up on the wrong order. So last November, the company implemented Morse Data’s InOrder OES to reduce shipping errors caused by its legacy

The new Payment Card Industry (PCI) standards, which recently went into effect, are meant to help merchants beef up their data-security practices to better protect their customers’ credit card information — a commendable endeavor, indeed. But figuring out how to actually comply with the standards has left many merchants scratching their heads. Following are the answers to frequently asked questions about the standards. What is PCI? It’s a new, unified set of data-security standards from Visa, MasterCard, American Express and Discover card companies. Until this year, each card company had its own data-security standards. PCI, then, is a way for merchants to complete

Problem: Drysdales wanted to reduce the number of refused cash on delivery (COD) orders returned to its fulfillment center while still allowing customers to pay in cash. Solution: It implemented Western Union’s Cash Payment Solutions as a part of its catalog management software. Results: COD orders were reduced by about 50 percent. Drysdales, a multichannel merchant of western apparel and gifts, started using Western Union’s Cash Payment Services in November 2004 to reduce the amount of time and money spent dealing with COD orders that had been refused by recipients. Western Union’s Cash Payment Services enable merchants to accept cash as payment for items

Problem: Omaha Steaks wanted to prevent as many fraudulent orders as possible from shipping. Solution: Instituted a comprehensive fraud-protection program, and it hired fraud-prevention professionals. Results: Saves about $1 million annually from catching fraudulent orders before they ship and in credit card chargeback fees. Ron Eike, director of operations for food purveyor Omaha Steaks, called it his company’s “million dollar problem.” How to prevent fraudsters from using stolen credit cards and other illegal means to buy the company’s gourmet goods? Omaha Steaks established in the early 1990s a comprehensive fraud-protection program, which includes technological means of flagging suspect orders. It also

In today’s world of payment processing, some catalogers advocate processing credit card transactions using batch (where a large volume of transactions are forwarded for approval all at one time), while others use real-time processing (each transaction is authorized as it comes in). As for yourself, you may want one or both of these processing services, depending on the nature of your business, the type of goods and services you offer, and the internal procedures you use to handle transaction cycles. Using today’s sophisticated technologies, merchants can write complex, rules-based code that allows a customer transaction to flow from one part of