Remove Inventory Management Remove Marketing Remove Point of Sale Remove Retail Marketing
article thumbnail

Is Your Wine & Liquor Store Stuck in the Past? Unlock Growth with Integrated POS

I Vend

The alcoholic drinks sector is a large and growing market that shows no sign of slowing down. It offers rewards to retailers who can engage competitively and efficiently. Online sales account for $40 billion and are growing faster than brick and mortar sales.

article thumbnail

The Top 5 Retail ERP Software Features to Look For

Retail TouchPoints

In today’s competitive and connected retail market, one mistake or delay can result in losing ground to a competitor. One of the most powerful tools you should implement to ensure your long-term success is a retail Enterprise Resource Planning (ERP) system. What is a Retail ERP System? That is not all.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 Inventory management. from 2023 to 2030.

article thumbnail

6 POS Software Performance Metric Thrift Stores Must Track

I Vend

Electronics Store POS Software iVend helps electronics retailers win in a competitive market. Read more High demand and rapid market innovation are driving up revenues in the sector. Global sales in 2024 are at $1.046 trillion US dollars, and forecast to grow by $130 billion to $1.176 trillion by 2028.

article thumbnail

Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

As Robert Gilbreath, VP of Marketing at ShipStation, a web-based shipping solutions provider, puts it, “Compared to splashy marketing campaigns and new product features, shipping isn’t exactly the sexiest topic. ” The following is an analysis of two major distribution models, drop shipping and traditional inventory.

article thumbnail

SMART Retailing: The Future has Arrived

Retail Smart Guys

A tremendous unconstant shift is happening in the retail market, resulting in the formation of smart retail. To understand this evolving marketing landscape, here’s how SMART retailing caused development and impacts in the industry. Automation and AI will speed up redundant tasks, such as inventory management.

article thumbnail

How to Collect Customer Data and Improve Shopper Experience

Retail Next

In today’s world, collecting data and basing decisions on the calculated data is critical to success, especially in the retail market. It is also critical to formulating an effective business and marketing strategy. Ensuring relevancy of products as per demand and the competitive market. Assess the market and competition.