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How the Touchless Economy is Poised to Shape Remote Retailing in the New Normal?
The global pandemic has resulted in the rise of remote retail and stay-at-home shopping among many other disruptive trends. Whilst touchless commerce continues to evolve, businesses need to urgently pivot their organizational ships to identify new white space opportunities, mitigate risks, business uncertainty and be prepared for the Next Normal. Even in parts of the […]
Top 10 Lessons For Retailers From The COVID-19 Pandemic
COVID-19 has created significant challenges for merchants all around the world. It may have given opportunities for some, but most of the sector has seen extraordinary volatility, complexity, and upheaval in recent months. Some stores thrive in their wake, while others strive to survive. Few could have imagined that a pandemic would negatively impact the […]
10 Powerful Steps in Retail Store Inventory Management
Retail store inventory management is the process of ensuring that you have enough of the items that customers desire on hand, but not too much or too little. Retailers fulfill consumer demand by controlling inventory to avoid running out of stock or having too much on hand. Effective retail inventory management, in practice, leads to […]
10 Smart Ways to Attract Customers to Your Retail Store
While e-commerce is expected to grow dramatically in 2021, most consumers still prefer to shop in stores. Some buyers like the in-store shopping experience because they can physically view and feel the item they wish to buy before purchasing. According to projections, internet sales will exceed $645 billion in 2021, meaning that retail establishments that […]
5 POS Strategy To Boost Retail Sales With The Best POS System For Multiple Stores
The capturing of financial and sales transactions is automated with a point of sale (POS) software. Retail point-of-sale systems are among the most advanced and powerful software in use today. Sales monitoring, accounts managing, buying, and inventory management are just a few of the fundamental business operations that point of sale systems integrate across multi-store […]
Top 10 Retail Customer Service Best Practices and How to Implement Them in Your Stores
Good customer service is prompt, efficient, and convenient to satisfy your clients’ requirements. This might involve retail customer recall and appreciation, establishing a local relationship with consumers, using your product expertise effectively, and more. Customer management tools, reporting, and insights on sales, commercialization, and customer service activities provide the best retail systems. However, many elements […]