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 […]
Managing your stock and ensuring that there is enough on hand for customers will help with the success of your business. If you’ve never had to manage inventory before, it can be challenging to know where to start. This article will explain how to take stock of small businesses. We’ll also provide guidelines customized and […]
Retailers have been adapting to changes in the industry for over 20 years. One recent trend is brick and mortar store owners transitioning into online sales. There are many benefits to taking your store online. In the short term, you can still generate sales even if there is a restriction on in-person activity because of […]
I have been writing for many years, and I make a living out of it. As an accredited PGA Professional, I use my knowledge to help others with their golf game. It is one of the most rewarding things that anyone can do because you can share your experience with someone who wants to learn. […]
Starting an online business can be very profitable, but it takes some planning. Whether you’re starting a new company or adding eCommerce to your existing brick-and-mortar store for omnichannel retailing, there has never been a better time than now. To help you with this, we’ve created this guide on how to write an eCommerce business […]
Pricing each product so that customers will buy them can be difficult even if you are experienced at retailing but there are certain criteria that should help. When a new shipment of inventory arrives, it is like the first day back to school- exciting with some anxiety thrown in for good measure. To make pricing […]
What is Cross Border Fulfilment in Ecommerce? When a company sells products internationally, they are considered cross-border eCommerce. A business needs an effective strategy for fulfillment and shipping before selling its product abroad. In the last decade, global eCommerce has skyrocketed. This means that more and more consumers are buying their goods online from international […]
Do you have a problem with same-day delivery? Here are some tips for evaluating and improving your supply chain. Amazon’s Prime service has changed the way we think about online shopping. When it was first introduced in 2005, Amazon inadvertently started a new trend — convenience. With the growing demand for faster shipping and a […]
How to Calculate Inventory Aging To Improve Inventory Planning Having a business where your products are flying off the shelves is one of the best feelings. But what happens when you have too much inventory, and they sit there? There’s not enough demand for them, so it costs more to store them than if we […]
The word advertising usually brings to mind TV commercials, billboards, and radio ads. But when it comes to golf courses, there are other ways to do golf advertising. Advertising is just one piece of your marketing strategy. It’s important to find a balance between advertising and the rest of your messages. In this post, we […]
