Although eCommerce is still new, its sales are forecasted to take up 18.1% of total retail sales all over the world in 2021. In such a nourishing market, customer data is one of the most important factors that businesses should consider. Many businesses are now using Magento to run their online stores. Given that, this …
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With the shift in consumer behaviors towards online shopping, it is estimated that there will be 2.14 billion online buyers all over the world by 2021. This means that among 4 people, at least 1 person will shop online. For this reason, businesses are now finding the best POS system with eCommerce integration. Are you …
SKU numbers are numeric or alphanumeric codes that assist businesses in tracking inventory. The majority of companies have their own SKU number system. There are about 8 to 12 SKU characteristics, each of which represents a distinct feature of the product such as the item type, brand, design, or department to which it belongs. Difference …
Shopping cart software is an eCommerce solution or platform that supports creating and developing online shopping businesses. Nowadays, with many innovations in the technological field, online store owners can easily find an array of shopping cart providers on the Internet. This article will help you to have a better understanding on the top 5 most …
Covid 19 pandemic poses a variety of challenges for retail businesses in terms of store development and customer satisfaction. In order to tackle these challenges, impressive retail innovations were created. We would like to mention in this article some trending retail ideas with the purpose of supporting store owners to thrive in the recent situation. …
More and more retailers have chosen Magento platforms and successfully adopted POS systems into their businesses. With POS systems, retailers enable their customers to buy products and services as well as making purchases from their stores. However, it is not just about adopting a new innovation, retailers should also enhance Magento 2 POS systems to …
As US enterprises continue to integrate mobile devices and solutions into their infrastructure, there are emerging questions over the mobile security of these modern business tools. Anyone who owns an email address for work can attest that the mobile threat landscape is constantly evolving in many businesses. The bigger question is, “How can companies protect …
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Not only the eCommerce industry experience significant growth but also physical stores are enhancing their businesses. However, developing businesses is not all about product quality or customers. Retail security may also pose unexpected challenges that badly impact your physical stores. Understanding this concern, we would like to mention some helpful methods that may help you …
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The majority of retail businesses may encounter possible risks related to maintaining inventory, delivering orders, managing vendors, etc. These unexpected problems may ruin the businesses and cause loss of profit. In order to protect your businesses from negative impacts, it is necessary that you consider having retail insurance right on the very first day of …
Inventory allocation refers to the process of monitoring inventory levels strategically across the distribution network. A proper portion of lists helps ensure that inventory levels and storage costs are optimized and be able to meet customer demand. Manual inventory allocation Many retail businesses still manage and track inventory levels manually. Hand-held inventory control involves physical …
