Modern Strategies for Encouraging Spontaneous Purchases
Key Takeaways: Everyone makes spontaneous purchases at some point in their life. Some business models, such as dropshipping, rely entirely on this concept to generate ...
Latest on Inventory Management, Marketing and Advertising
Best POS System for Coffee Shops and Cafes
Best Small Coffee Shops: Takeaways 1. KORONA POS: Best for coffee shop chains and franchises 2. Toast POS: Best solution for selling food and alcoholic ...
What Are The Best Wholesale Suppliers For Resellers?
Finding the right suppliers is crucial for resellers looking to grow their retail businesses. However, with so many wholesale suppliers to choose from, it can ...
Year-End Unsold Inventory And Impact On Taxable Income
It’s the end of another fiscal year, and your business is taking stock of its inventory. As you look at the pile of unsold products ...
RFID Security in Retail: Safeguarding Supply Chains and Consumer Data
Radio frequency identification (RFID) technology has revolutionized various industries, particularly in retail, by enhancing supply chain management, inventory tracking, and the overall customer experience. In ...
Manufacturer vs Distributor – Understanding the Core Differences
In the world of commerce, the supply chain has two vital aspects: manufacturers and distributors. While both are indispensable in bringing products to market, they ...
What is AUR in Retail: Maximizing Profits through Average Unit Retail
Success in the retail landscape hinges on a delicate balance between pricing strategies, inventory management, and customer preferences. One crucial metric that serves as the ...
Best POS System For Smoke, Vape, & Tobacco Shops
Selecting the right point of sale (POS) system is crucial for smoke shops to run their business efficiently. With age verification requirements, extensive inventories, and ...
Retail Fraud and its Impact on Business
Retail fraud, also known as retail theft or shoplifting, refers to stealing merchandise, money, or services from a retail establishment. This pervasive issue has been ...
4 Alternatives To Epos Now – A Guide to POS Software
Epos Now has become a popular point of sale (POS) system for many small and medium-sized businesses in retail, hospitality, and food service. However, Epos ...
RFID Data Collection: Improved Efficiency and Visibility in Retail
In today’s retail landscape, efficiency, accuracy, and customer experience are paramount. In this regard, RFID (Radio-Frequency Identification) has emerged as a critical new retail technology. ...
What is Equipment Inventory Management?
Effective equipment inventory management is a critical responsibility for many businesses and organizations. Keeping accurate records of equipment assets—from acquisition to retirement—enables optimization of utility, ...
