Tagged: price management

clienteling

7 Things Every Retailer Should Know About Their Customers

Understanding your customers is one of the most important aspects of retailing. No matter which sector of retailing you’re in, you should know the following seven things bout your customers–at a minimum. How much...

wholesale management

7 Things Wholesalers Can Do Better

Wholesale operations are easy to improve with the right tools. The one essential tool that can make any wholesale operation better is an operations management solution. ChainDrive has unique features that allow wholesalers a...

real-time inventory

How Real-Time Inventory Monitoring Saves Retailers Money

Real-time inventory monitoring is a key feature of the ChainDrive E-commerce Gateway. But what are the benefits of this monitoring? In a word, it saves retailers money. Here are 6 powerful ways you can...

product management

6 Realities of Managing Products That Can’t Be Ignored

Every retailer anywhere in the world has to grapple with managing products. Each retail operation is different, so there may be different techniques and different methods of managing these four aspects of your inventory,...

retail product life cycle

The Beauty of Centralized Product Management

Centralized product management allows you to manage your inventory efficiently, effectively, and profitably. Here are 5 ways centralized product management is better for your retail chain. Real-time inventory status – With centralized product management,...

price management and retail profits

8 Ways to Ensure Your Prices are Always Accurate

It’s frustrating for a customer to find the product they are looking or at their favorite retail store and see it marked with two different prices, or to get to the point of sale...

wholesale management

Are Wholesalers Retailers Too?

If you’re in the retail business, or wholesale business for that matter, it could be easy to forget that wholesalers and retailers have a lot in common. For instance, both must carry product in...

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...

retail merchandising operations

Improve Merchandising With One Solution

Retailers, online and brick-and-mortar, can improve their merchandising operations just by adding one solution to their operations. Here’s how to make your merchandising practices better. Product lifecycle management – Control your inventory and manage...

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