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The Four Ps of Retail Business: Mastering the Basics of Retail for Your Business

Retail Minded

Product The product must fulfill a need or desire for your customer, making it the foundation of your retail operations. In the retail business, whether it’s a physical store or an online retail outlet, the product is what draws customers in and keeps them coming back. What Are the 4 Ps of Retail Management?

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IoT Will Transform the Retail Industry: Here’s How

Retail Next

Demand-based warehouse fulfillment. Advanced analytics can determine shopper activities in-store, including what merchandise and product displays are being engaged with, as well as shopper and employee interactions. Also in-store, beacons are helping retailers incorporate IoT in smart stores in a big way.

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RangeMe Recap of the 2021 Global Market: Fall Experience

Rangeme

The goal of bringing suppliers and retail buyers across categories from around the world to meet face-to-face virtually was happily fulfilled. The CPG industry has rapidly studied, adopted, and implemented digital aspects such as e-commerce, social media, apps, online advertising, and more.

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How Malaysian department store Pavilion is connecting with customers

Inside Retail

In order to fulfil customer demands and win their hearts, we, as retailers, need to understand and cater to their changing behaviour and trends. This means stores providing and recommending what the customer needs, when they need it, with the power of data and AI. JY: Consumers and their needs have rapidly evolved in the past year.