By Bruce Hakutizwi Liquor stores can be a very stable option for those looking to acquire a business of their own. But just like any other business, liquor store owners who are more likely to succeed work hard, are dedicated, and have a solid understanding of the business and its potential pitfalls before they jump […]
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By Rieva Lesonsky Post sponsored by inFlow Inventory. There are many reasons why it’s important as a business owner to keep careful track of your business inventory, chief among them being that it’s likely your most valuable asset. An accurate inventory helps you to know how much product you have on your website or in
Reduce Your Tax Bill by Keeping Proper Track of Your Business Inventory Read More »
It is clear that the continuous improvement we have seen taking place with our online shopping experiences has affected our expectations for shopping in the “real world”. The ongoing refinement of user experiences by talented UX designers has increased our expectations for what a shopping experience in the “real world” should be. I, for one,
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“Ecommerce is essentially digital disruption,” says David Spitz, ChannelAdvisor CEO, at the recent Retail (R)evolution 2018 conference. “If you are a brand or retailer and you are in that supply chain, or flow of commerce, digital disruption for ecommerce is like what Netflix did to Blockbuster. There’s a lot of retail disruption. The alternative of being able
Brands Are Waking Up to the Inevitable of Selling on Amazon Read More »
By Rieva Lesonsky Post sponsored by inFlow Inventory. If you are still using spreadsheets to keep track of your business inventory, it’s time to consider moving to a more efficient and accurate modern solution. For the busy small business owner forced to wear many hats, it can be difficult to keep track of everything going
Make ‘Out of Stock’ a Thing of the Past for Your Business Read More »
Making sure your customers have the best experience when they shop at your brick-and-mortar location will turn them into loyal consumers who return frequently and buy even more from your store. That’s why we asked 10 successful entrepreneurs from Young Entrepreneur Council (YEC) the following question: Q. Brick-and-mortar stores have advantages over their online counterparts.
10 Ways to Dazzle Your Customers With an Awesome In-Store Experience Read More »
“Hey Siri, what is the cost of an iPad near me?” In today’s internet, a number of specialist search engines exist to help consumers search for and compare things within a specific niche. As well as search engines like Google and Bing which crawl the entire web, we have powerful vertical-specific search engines like Skyscanner,
Pricesearcher: The biggest search engine you’ve never heard of Read More »
Retail trends since the Great Recession have delivered a substantial shift in spending patterns. What has come to be known as the “Retail Apocalypse” is really just a shift towards value shopping channels, and even as well-known chains suffer notable closures, value chains like Dollar General and ALDI are seeing record growth. Not only that,
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coffeebeanworks / Pixabay According to a 2017 survey by PwC, 69 percent of retailers pointed to emerging digital technologies as an area in which they planned to increase investment. Additionally, around one third of retailers planned to implement AI-enabled technology for customer service, as noted by eMarketer. While it’s encouraging to see retailers excited to
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Stuck between a rock and a hard place! Have you ever heard that saying before? I think a lot of local business owners—especially retailers—must have that feeling right now. I say this because about 90% of all retail sales are still happening inside brick-and-mortar locations, yet the pressure of e-commerce is unrelenting. As you can
