Remove Finance Remove Management Remove Point of Sale Remove Promotions
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Regulation is Coming to POS Finance: Why Responsible Lending Will Benefit Retailers

Retail TouchPoints

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. It’s clear that there is a consumer-driven need for more flexible finance and smarter buying power. .

Finance 249
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Harness the Power of BNPL to Build Stronger Brand Equity

Retail TouchPoints

Customers that have a positive point-of-sale financing experience are more likely to repeat purchases from that retail brand if the BNPL option is white-labeled for the retailer. Providing a consistent user experience and financing across retail channels also helps merchants build brand equity. The best part?

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How the Store of the Future will Track Shopper Behavior Ecommerce-Style

Retail TouchPoints

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. PVH x RetailNext and MarketDial PVH Corp.

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How AI and machine learning can enhance inventory forecasting and analysis

Inside Retail

So, it follows that accurate demand forecasting can be an indispensable tool in reducing waste, optimising sales, and managing the selling price throughout a product’s life cycle. The perishable nature of baked goods demands rigorous stock management to ensure the freshness that shoppers expect.

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Branded Store Credit Cards: A Strategic Avenue for Retail Revenue Growth

Storis

In this article, we explore the benefits of branded credit card programs and dissect how technology plays a pivotal role in effectively managing the associated revolving receivables. Branded credit cards enhance customer loyalty by offering promotional financing incentives to customers as a competitive differentiator.

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The Best Mother’s Day Gift for Mompreneurs

Retail Smart Guys

Inventory Management: Keeping track of inventory levels, managing orders, and processing returns can be time-consuming and requires much attention to detail. Bookkeeping: Independent retailers must keep track of their finances, sales, expenses, and taxes, which can involve a lot of paperwork and data entry that can be troublesome.

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Streamlining Retail Operations With Innovative Tech Solutions

365 Retail

Optimizing Inventory Management Proper inventory control is crucial for any retail business. Enter smart inventory management systems. Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. Read on for more insight! But how do they work?