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Get Started With Marketing For New Retail Business Owners

You could be planning or possibly already preparing to open your doors for a new retail venture; and in all likelihood, you would have cracked your head at some point of time over issues such as funding, logistics, recruitment, leases, and the list goes on! For some entrepreneurs, marketing is..

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4 Reasons Why Retailers Need To Get On Ecommerce

Business owners who have started their businesses before the time of the Internet have succeeded; and till date, some of their businesses continue to thrive in a highly competitive omnichannel retail environment. Naturally, to these business owners, eCommerce may not seem like an immediate or definite business success factor. Instead,..

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5 Qualities of Good Customer Service Creates An Excellent Customer Service

Do you find yourself patronising a store more frequently as compared to another? If so, have you ever wondered what makes you return after every visit? Well, there could be a variety of reasons such as convenience of a store’s location, reasonable pricing and even good deals. But personally, shops..

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Technologies That Keep Retail Businesses Competitive

What comes to mind when you hear the word ‘technology’? For me, I associate ‘technology’ with processes and inventions which help to bridge gaps between civilisations and improve our way of life. Economists, on the other hand, generally define ‘technology’ as, “. . .anything that helps us produce things faster,..

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5 Ways to Drive Foot Traffic to Retail Store

They say it is a retail slump. With reports on mega-stores closing and mall occupancy rates falling, retailers are generally pessimistic about the business outlook. But are things as bad as they are made out to be? How can brick-and-mortar retailers create an ecosystem to promote foot traffic and visits..

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3 Best Practices for Retail Inventory Management

Are you familiar with the key performance indicator (KPI) for Days Sales of Inventory (DSI)? Simply put, DSI is an index that gives retailers an idea of how long his/her company takes to turn its inventory into sales. Most retail businesses prefer a lower DSI value. Let’s break down how..

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5 Must-Have-Point-Of-Sale (POS) Features & Why?

Google keywords such as “Point-of-Sale” or “POS”, and no doubt, there would be dozens of listed search results pertaining to a variety of solutions. For new retail business owners, the countless options available in the market may be overwhelming. Varying features and price plans make it especially challenging for comparison..

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