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May 27 2022 Matthew T
What Is the Average Profit Margin on Retail?

As a retailer, you know that profit margins are important. But what is the average profit margin on retail? We take a look at the data to find out. For our business, we need to make sure that we’re always aware of our margins. After all, it’s one of the key indicators of how well […]

January 31 2023 Matthew T
Coffee Shop Equipment List : All You Need To Have In Your Cafe

Opening a coffee shop is not easy, but it can be made easier with the right coffee shop equipment. According to a July 2020 report from Research and Markets, the global coffee shop market is expected to be worth $237.6 billion by 2025 despite all of the ups and downs in 2020. Coffee has been famous […]

January 31 2023 Matthew T
What Is the Cost of Starting a Retail Store?

Opening a retail store or boutique is no easy task. It is not easy, and t requires an upfront investment. To avoid sticker shock, you should understand the cost of starting a retail store.     Rent and utility costs The cost of commercial space varies by location. In 2020, the average rent per square […]

January 5 2023 Giano
How Monostereo Took a New Revenue Stream from $0 to $1 Million with One Inverge Feature

Monostereo is a family-owned vinyl manufacturer, wholesaler, and record store chain, started in 1974. The company uses Inverge to better manage their inventory, track sales, and even open up entirely new revenue channels.   Vinyl gone digital via dropshipping   Monostereo’s business model involves a number of revenue streams, including direct-to-consumer sales, manufacturing and distribution […]

December 31 2022 Matthew T
How to Create a Restaurant Floor Plan

Why is a restaurant floor plan essential? Few customers probably give a second thought to the layout of their favorite restaurant, but they need to have plenty of space and easy access. The configuration can make or break an experience. When designing a restaurant, one should think about its food quality, customer service, and layout. […]

June 2 2022 Matthew T
What Is the Difference Between Ecommerce and Ebusiness?

If you’re like most people, you’ve probably heard the terms “eCommerce” and “ebusiness” thrown around a lot but don’t know what they mean. People often use these terms interchangeably, but they are two completely different things. Understanding how they differ can greatly benefit your business. So, what is the difference between Ecommerce and Ebusiness? This blog […]

June 2 2022 Matthew T
Is Retail Dead? No, But Brand Reputation Is Important

I was recently having a conversation with a friend about the future of retail. With so many stores closing their doors, it’s easy to see why many people ask, “Is retail dead?” But I don’t believe that’s the case. Sure, the industry is evolving – but that doesn’t mean there isn’t still a place for […]

June 2 2022 Matthew T
How to Increase Sales in Retail: 3 Ways to Motivate Your Team

The pandemic has been hard on everyone, especially small businesses. As a retailer, you may be wondering how to increase sales in retail. It’s important now more than ever to keep your sales team motivated. Here are three ways how to increase sales in retail during the pandemic and beyond! Ready to start using these retail […]

June 2 2022 Matthew T
How to Open a Retail Store Checklist for Businesses

Are you thinking about opening your own retail store? It’s a big decision, and there’s a lot to think about before taking the plunge. Use this how to open a retail store checklist to ensure you’re considering everything that is required. From the initial inspection to visual merchandising, this checklist will help you plan and […]

June 2 2022 Matthew T
Tips Highlighting How to Increase Conversion Rate in Retail

If you’re a retailer, you’re always looking for ways to increase your sales and conversions. After all, the more customers that you can convert into paying ones, the better off your business will be! But how to increase conversion rate in retail? There are many ways to boost your conversion rate. In this article, you will […]