Retail Task Management – A Comprehensive Guide
The contemporary retail operations management refers to a framework of regulating functions that encompasses best practices in reporting, tracking, in-store & back office processes within its operations. Efficient Task management helps achieve your objectives promptly with a complete trace of historical actions . It can detect, advise and act on actions in a timely fashion,
Say goodbye to managing stores on WhatsApp
Clear and concise communication is one of the key factors for success in retail. Efficient business process requires constant communication between different employees of the retail; many times situated at different locations. It is astonishing to observe that a staggering number of retailers are using WhatsApp as their preferred tool of communication. Indeed, the instant
Risk Management Strategy in Retail
Retail is a fast paced and dynamic industry. Add to that rapidly evolving factors such as changes in consumer preferences, economic uncertainties etc. As a result, the retailer has to be on guard for several risks in areas such as in-store management, expense tracking, marketing promotions, location, brand image, price and quality. Additionally, the threat
How AI Is Changing the Retail Industry
Artificial intelligence (AI) signifies a wide-ranging technology from computer science that builds smart technologies capable enough to perform tasks that would otherwise involve human intelligence. AI, in retail, can facilitate a connection between offline channel of sales such as stores with online channels such as e-Commerce websites in real time. AI can help retailers provide
How can SaaS Software Benefit Retail Stores?
What is SaaS ? SaaS or, Software as a service refers to a process where a software application is provided as a service by a vendor or, a service provider. The service provider hosts the remote application over a network and the client who buys in to the service utilizes the features of the software.
How to Prepare Your Retail Store for the Holiday Season
Overview It is not a surprise that December is one of the busiest month celebrations wise. It is time where people make the most purchases. Retailers must prioritize efficient buying journey for the consumers entering the store. It is typically the time for the retail stores to beef up their operations in preparation for the
Checklist for Opening A Retail Store
Overview Classical retailing through the brick and mortar route has not perished. Even under the COVID-19 induced pandemic, retail giants like Walmart and Target have posted robust revenue. Opening up and owning a retail business can entail months of planning and coordination between the corporate scheme of things and the retail groundwork. To open up
Measuring the Performance of Your Retail Operations
Overview Customer experience is crucial in today’s market. Individuals are looking for a memorable experience – online and offline – more than just the brand’s new products/services. Measuring the performance of the business is no longer limited to only profit and loss. The way to success is to keep real-life events running smoothly in real-time
Why Your Store Needs Better Control of Cleanliness?
Overview Retail cleanliness is often overlooked in retail businesses. However, it is one of the prime ways to enhance customers’ experience and keep them in the store for a longer time. From wash rooms to floors to trial rooms to tables, customers expect an organized clean store. The demand for retail store cleanliness has surged
Visual Merchandising Management Made Simpler
Understanding Visual Merchandising Humans are visual creatures. They understand and quickly respond to visual images. That is why shoppers enter retail stores whose visual appearance is more appealing, clear, and crisp. In technical terms, visual merchandising is the key factor in closing leads and increase sales. Visual merchandising retail management is a retail and marketing
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