John and Jane each own and operate a high-end retail boutique outlet in town. They sell the same types of products to the same demographics, are in direct competition with one another and save for one critical detail – the presence of a newly installed next-gen POS system in John’s store - are nearly identical in the way they operate and do business.
Visual merchandisers arrange retail space and product displays to encourage shoppers to buy. Naturally, retailers want to ensure visual merchandising provides a strong return on investment (ROI) for their companies. After all, why continue visual merchandising efforts if they don't translate into more sales?
If you’re a multi-channel retailer with omnichannel challenges, chances are you’ve heard the term “commerce platform” flying around lately. But what does it mean?
Whether it's a new country coffee table or a swivel recliner, furniture purchases are never easy to make. They require time and research for shoppers to feel confident that they're making the right decision.
Not long after the sweep of Pokemon Go, Mario Run has entered the scene and the next saga of mobile gaming has begun.
Retailers who currently follow traditional inventory management practices may not know about the advantages of drop shipping.
The in-store experience was designed and built long before omnichannel existed. Brick- and-mortar stores weren't about understanding which channels their customers were engaging with and being consistent across them because the channels didn’t exist.
New developments in the retail industry can help prepare businesses to adapt and take advantage of the latest technology—including automation.
Recent trends show some retailers thriving, and others filing … for bankruptcy. Though it’s easy to say ‘you need to listen to customers, diversify, follow trends, take risks, etc.” it is more difficult to begin this process with so many options.
As businesses continue to evolve and strive to present a superior user experience to their customer base, the needs of the POS systems they use to back their sales efforts also need to evolve.
Presents are unwrapped, decorations are put away and resolutions are made. The hustle and bustle of the busy holiday season is behind us... But does it have to be?!
While global corporations like Amazon and Sephora may have been the first to jump on omnichannel retail, small- and medium-sized enterprises (SMEs) are also ideal candidates.