Retail TouchPoints

NOVEMBER 26, 2021

One of the most significant trends over the past several years has been the adoption of cloud-based services, spearheaded mainly by an increasing number of IoT and video solutions being deployed in the retail market. Instead, it becomes an operational expense in the form of a subscription fee paid yearly, quarterly or monthly.

Loss Prevention 264

Loss Prevention Operating Expenses Customer Experience Checkout 264

Wiser

SEPTEMBER 6, 2022

Price matching is when a retailer lowers a product’s price to match another competitor in the same market. This way, the retailer is more likely to make a sale right then and there. Most retailers have rules for when and how they will price match. That’s why price matching works for some retailers and not all.

Drop-Shipping 144

Drop-Shipping Advertising Operating Expenses Consumer 144

Wiser

NOVEMBER 21, 2018

This is when one retailer agrees to match a lower price from a competitor, typically if the shopper presents evidence of the better price. . In today’s hyper-competitive retail market, price matching may seem like a good idea. Price matching’s supporters include some of the biggest names in retail.

Drop-Shipping 76

Drop-Shipping Operating Expenses Consumer Point of Sale 76

365 Retail

SEPTEMBER 16, 2024

Retail businesses face constant challenges, from fluctuating market conditions to changing consumer demands. Smart financial planning is essential to navigating these challenges effectively, ensuring smooth operations, and ultimately driving growth. Staffing is another major expense that should be monitored closely.

Payment Services 52

Payment Services Planning Inventory Management Management 52

Storis

SEPTEMBER 12, 2024

Adopting barcode technology is a strategic initiative to reduce operational expenses and increase profit margins. Regardless of the barcode system you choose, implementing barcode inventory management is crucial for streamlining operations, enhancing accuracy, and improving efficiency in your furniture retail business.

Inventory Management 52

Inventory Management Management Inventory Turnover Fulfillment 52