How To Gain The Competitive Edge For Your Business?

In order to make a profit in a competitive retailing industry, businesses must find the competitive edge that differentiates them from other competitors. Competitive edge includes the factors of a particular business that has more advantages than its competitors. In other words, it is the selling points that make a business better than the others. …

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What Causes Out Of Stock And How To Prevent It?

For many retailers and manufacturers, out of stock is the worst-case scenario, because it can easily lower customer satisfaction and decrease sales revenue. However, if monitoring your in-store products and inventory carefully and strategically, you can still prevent it in the first place. Here are several causes and solutions to keep your stock up to …

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magento product attributes

What You Need To Know About Magento Product Attributes

Magento allows users to create product attributes as the materials to build their product characteristics and support their customers to find and buy expected items. From another perspective, Magento product attributes also help businesses to monitor their products easily. What are product attributes? Product attributes refer to additional features that define particular products such as …

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warehouse and inventory management

Principal Differences Between Inventory And Warehouse Managements

The two terms warehouse and inventory management are used popularly in the context of manufacturing and sales businesses. In some situations, they are used interchangeably as the same type of materials management. However, there are various differences in inventory and warehouse. In this article, we would like to discuss more these two terms.  What is …

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