High levels of retail returns are not unavoidable. Better product returns management software can reduce costs and improve consumer loyalty at the same time. What is return management? Returns management (reverse logistics) is a process in retail, e-tail and wholesale businesses that involves interacting with consumers who want to return a product and then collecting, […]
Retail landscape and consumer behavior are constantly changing, but the onset of the COVID-19 pandemic has accelerated that evolution like never before. Whether it’s a greater reliance on e-commerce, crafting shopping experiences with unique preferences, and providing seamless shopping journeys, shoppers have quickly adjusted to the “new normal.” Here are five retail marketing trends for […]
If you’re a retail business owner managing multiple retail stores, keeping your eye on the prize might be challenging. Understanding how your shops perform in terms of inventory and ROI is essential to the success of any multi-store operation. What if we told you that you could successfully manage all of your stores’ inventory and […]
It is challenging to choose the best retail accounting software for a retail firm. The software must adapt to changing conditions, retain accurate records for strategic planning, and balance all the details that involve a retail operation. Here are ten crucial features to look for in a retail accounting software package. 1. Retail Accounting System […]
Cross-channel retailing engages customers through numerous sales channels, which often comprise both online and offline retail channels. Consumers embrace new technologies and expect their retailers to take advantage of those innovations to create a more individualized shopping experience. Retailers have many more creative channels to customize their interaction with customers, and new tools keep emerging. […]
After more than one year since the first COVID-19 outbreak, all market studies, surveys and intelligence reports on the pandemic’s ripple effect on commerce seem to converge towards the same outcome. It’s the correlation between the contagion and the digitization process. The global health crisis and continuous lockdowns designed to contain the virus from […]