In today’s technology-driven world, many businesses have modified and adapted new strategies to the rising social media. Businesses are now moving to online places to sell their products and approach more customers. Selling on social media has become a new trend for many types of retail businesses. What is social selling? Selling on social media, …
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One of the most constantly evolving industries is the food and beverage industry. Based on consumer trends, seasonal demands, tough competition and constant innovation, it has become very challenging to manage food inventory and its resource planning. What Is Food Inventory Management? Food inventory management is a system of tracking: What inventory comes into your …
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 …
