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35 Low Cost Retail Business Ideas

Small Biz Trends

Opening a retail store is a popular way to start your own business. There are a huge array of products to sell, and you can run your business either in-person or online. Some retail business ideas can require a lot of capital, but this isn’t true for all. What Is a Retail Business?

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When creativity gets reduced to a commodity: What is the real cost of dupes?

Inside Retail

Knockoffs, fakes, replicas and imitations have long held a place in retail but dupes and their growing acceptability on TikTok have taken consumer behaviour to new heights. No product category appears to be safe with the existence of retailers dedicated to systematically ripping and profiting off popular designs, products and formulas.

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5 Tips to Add Extra Privacy in Your Outdoor Space

Retail Focus

Here are just a few ideas on how to do it. Choose some different varieties of climbing plants Climbing plants and trellis are a superb, cost-effective way of adding privacy and screening to a garden. If you live near a busy main road or have noisy neighbours you might want an extra layer of peace to aid tranquillity.

Outdoor 246
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How Incu is translating its bricks-and-mortar experience to digital platforms

Inside Retail

“As long as the product speaks to the customer, and there’s a story behind it, then they’re into it,” said Douglas Low, CEO of clothing and accessories retailer Incu. People want products that appeal to them, and speak to them as individuals, and it’s those products the retailer will stock. It’s the same with Incu, he said.

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Retailers Get Real with AI: Four AI-Powered Apps We’ll See this Year

Retail TouchPoints

We are past the point of conjecture about whether AI will upend the retail industry; it already has. In a recent study sponsored by Nvidia, 69% of retailers that used AI in 2023 reported that it increased revenues, and 72% said it reduced operating costs. But what are the most forward-thinking retailers doing with AI this year?

Consumer 266
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Devising an Optimal Returns Policy for Your Business

Retail TouchPoints

Amid rising costs and fears of a looming recession, however, online retailers are finding they can no longer afford the level of generosity that customers have come to expect. retailers were revisiting their returns policies as of late 2022. For many years, permissive returns policies have been the norm in ecommerce.

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How Gander aims to solve Australia’s billion-dollar food-waste problem

Inside Retail

The app connects shoppers with discounted food items across partnered retailers in their area, enabling shoppers to pick up cheaper goods, and helping supermarkets sell discounted stock before they have to throw it away. What a waste Food waste is a huge issue in Australia. This has led to a different operating model.