Independent Retailer

MAY 17, 2022

The retail industry is redefining the shopping experience as consumer expectations and habits are changing. While all these business investments are important, the main takeaway of the last two years has been the importance of incorporating an ecommerce platform in order to create a more meaningful shopping experience for consumers.

Net Profit 77

Net Profit Payment Services Operating Expenses Clienteling 77

Retail Bound

FEBRUARY 7, 2023

To run a profitable business, a company must sell its products or services at a high-enough price to cover both its variable and fixed costs. Once those dynamics are established, you can analyze price setting through the lens of profit margins and markups. It can also be a useful signaling mechanism to consumers.

Net Profit 52

Net Profit Operating Expenses Finance Accounting 52

Independent Retailer

JULY 7, 2022

As a wholesaler, you are going to be providing products to other companies at a discounted price. Now that you know what wholesalers do, you also need to understand profit margins in order to make money. Since resellers are the ones who will be showcasing your merchandise to consumers, this is a crucial step for steady growth.

Wholesale 63

Wholesale Home Furnishings Net Profit Operating Expenses 63