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 […]
If you’re reading this post, the chances are that you’ve been trying to figure out the new point of sale machine price. Maybe your pen and paper or Excel is running the show right now, but it’s time to upgrade. Maybe you’re not happy with your current POS system and are looking for something better, like […]
The time is almost here for St. Patricks Day retail, and while it may seem like the holiday has nothing to do with businesses other than bars or event spaces, that couldn’t be further from the truth. If you’re a retailer, this day is your chance to make it big. This year the National Retail […]
Do you need some Valentine’s day sale ideas for your customers? Valentine’s Day is coming up, so we wanted to remind retailers about what they can do to spread love and happiness. You don’t have to be in a Valentine’s-related industry like flowers or gifts – take time for your customers. The Valentine’s Day celebration […]
It’s not enough to have a store in today’s world. Retailers need to do everything they can, like create in-store event ideas and communities to provide an experience for customers who may never even walk into the store. One of the best in-store event ideas to get people into your store is making it a community center. […]
Have you ever seen someone walk into your store, look around for a few minutes and then leave without buying anything? Every time this happens, they are just walking away from money. The good news is that it’s easy enough to fix by simply knowing how to improve conversion rates in retail stores. Your conversion […]
A successful retail business needs to have an assortment of new and exciting products, and there are many sources from which retailers obtain products. You can’t just rely on old or boring merchandise, so it’s essential to keep up with the latest trends in product selection. So how should you find a product to sell? […]
Before the Internet, selling used items was limited to local options. Nowadays, you can sell your old stuff on used product sale sites without even leaving your home by using an online marketplace or posting it on Craigslist. Starting an eCommerce store is easy and affordable, so don’t be afraid to try it. Click To Tweet […]
Many small businesses don’t even know where their inventory report is or how much they have. It’s so bad that nearly half are either too lazy to keep track or use a manual method like Excel spreadsheets. Data is critical to the success of any business, and it’s not as easy as one might think. […]
When it comes to selling car parts online, there are many different ways to be successful. One way is by utilizing “instant purchases,” which means offering products for sale simultaneously as they’re purchased. To keep your customers happy, you must have a convenient and easy-to-navigate website. This will help those who are new with auto […]
