If you’ve ever visited a retail store and looked at a product’s price tag, you’ve likely come across a stock keeping unit, commonly...
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Retail
Forecasting demand is essential for retailers to accurately predict how much of a product they should purchase. The inventory a retailer...
Access to capital is one of the most significant barriers that small businesses and even growing businesses face. That’s why as an...
Predicting trends in retail can feel like finding a needle in a haystack. You need to be able to anticipate what’s coming up in order...
Social commerce is where customers shop for things directly through social media platforms like Instagram, Facebook, TikTok, and more....
What’s making Britain’s shoppers tick? In what seems like a never ending stream of economic uncertainty, from the cost of living...
Having too much stock on hand is a financial burden on your retail business. Slow sales means less ability to cycle in newer inventory...
Success in business is rarely the result of a single action, but rather the result of many small actions performed consistently. There...
Retail marketing helps your business expand its reach, connect with customers, nurture relationships and tell your brand story. It...
Cash flow. It’s the lifeblood of every business and for retailers, it’s no different. In a competitive industry where consumer...
Technology has changed the way we shop forever. When we can buy whatever we want, wherever we are, with the click of a button.The idea...
Reporting and analytics are essential to any retailer because they tell you exactly what’s going on in your business. Analysing your...
While small towns might not have the same foot traffic as big cities, they can still be bustling with activity and can be the ideal...
Returns can damage your profits. That’s the long and short of it. You’re going to have to get used to your customers returning...
Managing your inventory and ordering supplies is an essential part of running your business. Unfortunately, it can be incredibly tedious,...
It may not be the sexiest part of your store, and it doesn’t get a lot of customer eyeballs, but your stockroom is still a critical...
5.07 billion people are currently using social media. That’s 62.6% of the world’s population. We’re not saying anything groundbreaking...
Point of sale systems are a staple in pretty much any business that transacts with its customers face-to-face. Whether you’re a retail...
When people think of retail loyalty programmes, they often think of old stamp cards lying somewhere at the bottom of their wallet....
Reviews can make or break just about any business. Whether you’re receiving feedback on social media, or reviews on your website,...
We all know that first impressions matter. When it comes to retail, they might mean the difference between a new customer and a lost...
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