Author: Multidev Technologies

retail analytics

5 Keys to Actionable Retail Analytics

Without retail analytics, retailers of any stripe can’t know what’s working and what’s not. With that in mind, ChainDrive offers the following 5 keys to useful, actionable retail analytics. Access to the best business...

omnichannel jewelry retail

6 Keys to Omnichannel Jewelry Retailing

We have reached the point in jewelry retailing when relying on brick-and-mortar sales is not enough. Thankfully, due to technology, even jewelers can manage multiple retail channels. It’s not easy, but it can be...

retail budgetig

5 Retail Store Budgeting Metrics You Shouldn’t Forget

Store budgeting is one of the most important aspects of retailing. While every retailer is different, all retailers must engage in store budgeting if they want their stores to be profitable. The following five...

open-to-buy planning

5 Step to Better Retail Planning

Weekly, monthly, and seasonal retail planning is a necessary component to profitability. If you do not plan effectively, you could lose money. With the right open-to-buy tool, however, you can get through all of...

8 Types of Promotional Rules for Department Stores

When it comes to handling promotional rules, there are the simple rules and the more complex rules. Department store managers have an arsenal of tools available to them to encourage customers to buy more...

payment gateway

What to Look for in a Payment Gateway

A payment gateway, or e-commerce gateway, is an essential tool for any retail operation that plans to offer products through an online store. Whether your retail operation is an online-only storefront or you have...

How Many Channels Can One Customer Buy Through?

Meet Zoe. She’s a retail shopper. Unlike retail shoppers of previous generations, however, she doesn’t just drive to the store, look around in hopes of seeing what she might want to buy, and then...

sporting goods retail

Sports Retailing for Winners

Just like in sports, in retailing, winners are performers. Those who are hungriest and willing to fight the hardest will gain the most market share, earn the most revenue, and enjoy the best relationships...

manage warehouses efficiently

4 Things Your Warehouse Layout Must Address

How efficient your retail operations warehouse is laid out will determine to a great degree how profitable your retail business is. If warehouse workers can’t find product or maintain an inefficient workflow, it will...

product management

7 Product-Related Metrics You Should Monitor in Real Time

When it comes to managing your products, every retailer can be more efficient and profitable just by monitoring in the real time the following seven necessary metrics: Purchases – Not only should you track...

%d bloggers like this: