Small Biz Trends

JUNE 18, 2025

Key Takeaways Identifying Slow Sellers: Recognize that slow selling products can stem from issues like seasonal demand, high costs, overstock, niche markets, or outdated technology. In today’s fast-paced market, slow selling products can feel like a burden. Understanding these categories allows for effective sales strategies.

Inventory Turnover

Wiser

APRIL 25, 2025

Use demand forecasting tools to optimize inventory levels in anticipation of supply chain disruptions. Risk management and Contingency Planning Develop scenario planning models: Use historical data and current market insights to simulate potential tariff scenarios. Quantify the financial and operational impacts of each scenario.

Management

Small Biz Trends

JULY 29, 2025

Features like reorder alerts and low stock notifications help maintain ideal inventory levels and prevent stockouts. Detailed sales reporting through POS systems offers insights into product performance and inventory turnover rates. Highlight slow-moving or obsolete stock to reduce excess inventory and improve cash flow.

Inventory Management

Small Biz Trends

JULY 15, 2025

Inventory valuation reports allow you to calculate stock value based on cost and quantities, ensuring effective financial management. Furthermore, purchase reports track item receipts from suppliers, offering visibility into inventory turnover rates and supplier performance.

Management

Small Biz Trends

JULY 28, 2025

Utilizing technology, such as barcode systems , can improve inventory accuracy by up to 99%. Regular audits and monitoring performance metrics, like inventory turnover ratios, are critical for maintaining accurate records. Utilizing inventory optimization software can improve your accuracy and responsiveness to market changes.

Inventory Management

Small Biz Trends

JUNE 15, 2025

Identify Issues Early: Utilizing a checklist helps identify and address potential problems like inventory shortages and marketing gaps early in the process, safeguarding customer experience. A well-structured pre-opening checklist ensures you’ve covered all your bases, from inventory to marketing strategies.

Store Layout

RETAIL MANAGEMENT SOFTWARE

JULY 16, 2025

Know Your Market Inside Out Understanding your local market is the first step to success. Promote Smartly with Targeted Marketing Effective marketing is crucial for driving both foot traffic and digital engagement. Research customer preferences, popular pet types, and buying behaviors.

Inventory Turnover

Wiser

MARCH 11, 2025

By combining objective data from multiple regions, you also gain a big picture view of brand presence and key performance trends in mass-market channels. By integrating regular visits (daily, weekly, or monthly), you can track accurate trends around inventory turnover and on-shelf compliance.

Beauty and Health

365 Retail

FEBRUARY 17, 2025

The retail industry plays a pivotal role in economies worldwide, and keeping track of its trends is crucial for investors, business owners, and market analysts. These can offer detailed insights into the industry’s direction, company performance, and broader market sentiment.

Inventory Turnover

Retail Customer Experience

JUNE 16, 2025

Boosting marketing impact Every week Lovedbaby runs a 24-hour flash sale available to all its email subscribers. The AI-powered retail and e-commerce marketing platform had just launched new features empowering retailers to liquidate inventory using its one-click AI solution. It was not producing the expected response. "It

Payment Services

RETAIL MANAGEMENT SOFTWARE

JUNE 25, 2025

Legacy pricing approaches can’t adapt fast enough to market changes. Top Challenges Driving Pricing Strategy Changes Retailers today face slower inventory turnover, shrinking profit margins, and rising inventory costs. In 2025, pricing isn’t just about profit.

Retailing Pricing

Small Biz Trends

JULY 12, 2025

Conducting thorough market research helps you understand your audience better. Conduct thorough market research to understand your target audience and competitors. Outline your unique value proposition and effective marketing strategies to attract customers.

Planning

CJ Retail Solutions

JULY 23, 2025

By embracing this approach, you can enhance your understanding of market trends, customer preferences, and operational efficiencies, ultimately leading to improved performance and profitability. Key Takeaways Data-driven decisions are crucial for retail merchandising to stay competitive in the market.

Visual Merchandising

Wiser

MARCH 14, 2025

Additionally, they oversee promotional strategies, ensuring that discounts and marketing initiatives align with both retailer objectives and supplier funding. Without clear visibility into market dynamics, they risk misaligning pricing strategies, missing gaps in assortment, and failing to optimize category-wide profitability.

Management

CJ Retail Solutions

JULY 21, 2025

Understanding this journey allows you to create targeted marketing strategies that resonate with your audience and guide them smoothly toward making a purchase. This information allows you to make informed decisions about inventory management, marketing strategies, and product offerings.

Shopping

Small Biz Trends

JULY 26, 2025

Furthermore, its seamless integration with various e-commerce platforms and shipping services improves your operational efficiency, making it a strong contender in the automated inventory software market. Fishbowl offers real-time inventory tracking , helping you monitor stock levels and minimize the risk of stockouts or overstocking.

Inventory Management

Small Biz Trends

JULY 27, 2025

Constant inventory monitoring guarantees you maintain ideal stock levels. Techniques like Economic Order Quantity (EOQ) and Just-in-Time (JIT) minimize holding costs and improve responsiveness to market fluctuations. Apply ABC analysis to categorize products by significance for focused inventory management.

Inventory Management

Retail TouchPoints

JUNE 7, 2024

Pulling the right levers to adjust your supply chain strategy can make a huge difference in today’s competitive market by ensuring that your store shelves are stocked accordingly and packages arrive to customers on time and as expected. If it can be measured, it can be improved!

Inventory Turnover

Retail TouchPoints

FEBRUARY 28, 2024

This can be particularly beneficial for retail businesses that have multiple brands or products, or seek to apply common metrics and models to disparate marketing or sales channels, or stages of an order lifecycle or customer journey. It is useful for optimizing store layout, staffing and marketing.

Inventory Turnover

Retalon

AUGUST 22, 2023

One of the key inventory metrics retailers track is inventory turnover. Inventory turnover measures how many times a company sells and replaces its inventory during a period. It indicates how efficiently inventory is managed and whether excess inventory is tying up too much capital.

Inventory Turnover

Retail TouchPoints

JUNE 6, 2022

We’ll have different promotions in the afternoon or late evening period to make sure that we’re managing a good inventory turnover,” explained Chen. “It’s It’s all due to AI that we’re able to run a fresh produce business in an efficient way with low spoilage rates and good turnover.”.

Grocer

Retail TouchPoints

NOVEMBER 17, 2023

Market conditions are dynamic, and consumer preferences change — retailers and manufacturers need to adapt to these factors quickly. Using substitution tactics, retailers can recalibrate inventory levels. Furthermore, product substitution allows businesses to diversify their sourcing to mitigate supply chain risks.

Customer Experience

Inside Retail

JUNE 28, 2022

“As a global lifestyle retailer, approximately 70 to 80 percent of our product portfolio is similar across the world, while the remaining 20 to 30 percent are unique products that have been designed and chosen according to trends and consumer demands from different local markets,” Huang explained. The marketplace. An eclectic design team.

Inventory Turnover

Inside Retail

FEBRUARY 26, 2024

There was good news in January when the Consumer Price Index slowed to the lowest rate in two years; however, experts recognise that the most volatile factors, such as rental rates and energy markets, remain the biggest drivers. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate.

Inventory Turnover

Retail Focus

AUGUST 8, 2023

Digital Marketing and SEO To thrive in a competitive retail landscape, your business needs a strong online presence. Outsourcing digital marketing and Search Engine Optimization (SEO) tasks to specialized agencies can boost your brand’s visibility, attract more website traffic, and ultimately drive sales.

Loss Prevention

Inside Retail

OCTOBER 29, 2024

When data from sales, inventory, and shipping systems is unified, retailers can make informed decisions to optimise pricing strategies, improve inventory turnover, and identify growth opportunities. Conclusion An optimised technology stack is a game-changer for retailers looking to grow and adapt in today’s dynamic market.

Shipping

Inside Retail

JANUARY 30, 2024

Evri’s partners will gain valuable insights into the Chinese market, including consumer behaviour, marketing and pricing strategies, product selection advice, and online operational strategies tailored to the unique demands of the Chinese market.

Merchant Services

Inside Retail

JULY 18, 2024

Significant market trends are impacting retail businesses today – the migration of consumers online, supply-chain challenges and the cost-of-living crisis to name just a few – but there is a more obvious reason many retailers are struggling. Good planning tools arrive at consensus forecasts from every area of the business.

Planning

Inside Retail

NOVEMBER 14, 2023

As the year-end shopping season kicks off, Zalora , one of Asia’s leading online fashion retailers, and part of Global Fashion Group (GFG), is ramping up its marketing to capture consumers’ attention. It facilitates wider brand reach, quicker inventory turnover, and direct engagement, thereby fostering increased brand loyalty.

Inventory Turnover

Retail Gazette

FEBRUARY 22, 2024

By leveraging AI algorithms, retailers can analyse vast amounts of customer data, including purchase history, browsing behaviour and demographic information, to tailor product recommendations and marketing messages. According to recent studies, over 70% of consumers expect personalised experiences when interacting with retailers online.

Inventory Management

CJ Retail Solutions

AUGUST 26, 2024

One of the most important metrics for assessing the success of retail marketing campaigns is the Key Performance Indicator (KPI). Retailers are able to make data-driven decisions for business growth with the help of these indicators, which offer quantifiable data on various aspects of marketing strategies.

Marketing

RETAIL MANAGEMENT SOFTWARE

SEPTEMBER 17, 2024

Enhanced Team Communication and Collaboration Effective communication is crucial for retail success, especially during the holiday season when staff are dealing with increased customer traffic and inventory turnover. These tools allow retailers to: Share updates on inventory levels, promotions, and store changes quickly.

Inventory Management

I Vend

SEPTEMBER 10, 2023

For example it enables effective marketing – using the POS for customer data tracking and to gather insights that inform and feed into creating promotions that will drive revenue and profit. This level of flexibility reduces lost sales, maximises inventory turnover and increases customer satisfaction along with revenue and profit.

Point of Sale

Storis

SEPTEMBER 16, 2024

Understanding Key Concepts in Supply Chain Management Inventory Turnover: A crucial indicator of retail health, inventory turnover reflects the efficiency with which stock is sold and replenished. It can significantly reduce costs, improve product quality, and enhance agility in responding to market changes.

Payment Services

Independent Retailer

AUGUST 1, 2022

Retailers need tools that can connect and correlate all inventory data with the impact of external events. Without them, retailers cannot proactively address inbound disruptions, accurately calculate inventory turnover velocity, or reduce discounting and overstocking.

Inventory Management

Global Shop

JULY 19, 2024

Best of Both Worlds Managing multiple locations as if they were one has not only improved Simpson’s inventory turnover but also helped them achieve significant cost savings. If you are struggling to track data across multiple locations, explore how turning to an ERP system can improve your inventory management.

Location

Retail Smart Guys

MARCH 15, 2023

It is not enough to keep filling up your stores, as it can only result in heavy markdowns, slow inventory turnover, higher operating costs, and disruptions to cash flow. 4 Monitor your operating expenses You can have a strong marketing strategy, yet this will be ineffective if your operating expenses are above the roof.

Markdowns