Inventory management is essential to maintain good growth and revenue in your business. Inventory turnover ratio is an important metric in a profit and loss forecast, either for wholesale or retail businesses. What Is Inventory Turnover Ratio? Inventory is the account of all the finished products a company holds in its stock which will be …
When you own a business, your top priority is to please your customers and make sales. With evolving technology and digital payments, most things have become cashless and contactless. Online payment security plays a major role in running a business successfully. That’s why PCI compliance is used to ensure the safety of online payment methods. …
To operate a successful retail business in an expansive and competitive industry, business owners need incredible management and organization with the help of intuitive technology. To compete in this fast-changing and high demand market, retailers are turning to automation to support and increase their profits. What Is Retail Automation? Retail automation can be a number …
As the world is spinning so fast with technology and advancements, people are accustomed invariably. With the lightning speed of the Internet, marketing has changed unconditionally, which is more inclined towards Experiential Retail. It’s more like a qualitative world where experience matters the most. What Is Experiential Retail? Experiential retail is a type of retail …
The global pandemic has changed the world after just 1 year, and vape businesses are not the exception. Despite alerts on health problems, the vape industry after COVID-19 remained the same at some points but still experienced several changes. Here are some of the highlights: Vape still remains popular Before COVID-19, the tobacco epidemic, which …
Shopify is one of the leading eCommerce platforms that empower retailers to set up online stores and launch their businesses. This powerful subscription cloud-based eCommerce platform offers users a set of business tools and also allows them to integrate any other necessary tools. In 2014, the new version – Shopify Plus was launched which is …
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After a year of pandemic, social distancing measures have required many fashion retailers to adapt to new changes. The fashion industry after COVID-19 needs to pay attention to new emerging trends more than ever, and these are some of the changes that should be noted, compared to the pre-covid era: What has changed? The big …
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Everyone dreams of having their own retail store, and this dream can easily turn to reality with the right planning. Though the pandemic crisis has hit hard on all the fields in the world, the economy has to move on by taking certain initiatives and remodelling. There’s a lot more to know about running a …
If you are looking for an e-commerce platform for your enterprise, you must have heard about Magento Commerce, Shopify Plus, and BigCommerce enterprise. These are 3 leading e-commerce platforms in the digital market that provide valuable support for e-commerce businesses. All of them provide more than two application versions in order to fit in with …
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Speed, agility and efficiency are what retailers looking for. Thanks to Bluetooth technology, advanced tools are evolving day by day to support retail businesses. Bluetooth doesn’t simply reduce your expenses and improve your planning, more than that, they provide you with a competitive edge to thrive and grow in the market. What is Bluetooth Technology? …
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