Many retailers are looking to omnichannel selling as the next differentiator. Retailers like Macy’s, Bed Bath & Beyond, and Home Depot regularly leverage promotions and coupons to encourage in-store-only customers to shop their website and vice versa.
Retail businesses live and die by their numbers. The success or failure of a business in the crowded and complex marketplace comes down to whether your company can meet goals, effectively control inventory, and maintain sales.
Retail Campus our “Learning Management Portal” (LMS) in association with some of the famous International Universities which is On-Line on the other hand acts as a knowledge repository to the many Fresh graduates who miss the corporate bus for lack of finesse. These students are trained to improve learning abilities operationally and technically as well as shape up personality and certified to attend next set of campus recruitment.
The majority of retailers worldwide plan to increase their use of data and analytics this year. Analytics are important for retailers to understand who their customers are, what they are buying and when they are spending. Even with the multitude of analytics tools available, too many retailers are not using them to their full potential.
Providing customers in-store experiences that are unique, fun and yet still profitable is the challenge retailers with physical stores continue to face. The cornerstone to providing that vision to shoppers are employees.
As a retailer in a competitive marketplace, a major focus should be monitoring the health of your business. For most retailers, this means getting a handle on your Key Performance Indicators, or KPIs. Wondering.. What is KPI? A KPI is a metric that is designed to give you a quick snapshot of some aspect of your business. A KPI might be a measure of sales, customer activity, or financial strength.
Almost exactly 15 years ago, Retail Pro International (RPI) and Retail Dimensions (RDi) announced a strategic partnership around POS integrated eCommerce. Today, with over 1,000 shared customers, Retail Dimensions continues their mission of simplifying business and improving lives of the specialty retailer, and has renewed its strategic alliance agreement with Retail Pro International.
Much of retail strategy has been locked in on improving customer experience with customer-facing tech innovations. This year, retailers are improving customer experience from the inside out, starting with their retail operations. For the past half-decade technologies at NRF’s Big Show focused on...
For retailers, much of the work that goes into making a sale is done before your customer ever sets foot in your store. Here are 3 tips for using your retail data to attract more customers. No.1: Use outbound marketing as a targeted follow-up to inbound marketing.