Wireless payments are quickly rising in popularity, and since you probably have a mobile phone within reach right now, it's easy to see why. The smartphone has quickly become the go-to device for anything and everything. Now that smartphones integrate so many smart features into the fabric of everyday life, it's only natural to expect them to handle wireless payments as well. Mobile payments are helping to simply the retail experience by making the buyer journey as seamless and easy as possible.
If you do any holiday shopping—and chances are you do—then you've probably noticed that the way you shop has changed in the last few years. Gone are the days of getting ads in the newspaper, scanning all of them for the best Black Friday prices, and heading to a store in hopes that they still have the one thing you want.
As one of the biggest shopping events of the year, the stretch between Thanksgiving, Black Friday, and Cyber Monday serves as a microcosm of the entire retail industry. The massive transaction volumes over this period amplify existing consumer trends and can tell us much about the future of retail. Let’s look at the 2017 Black Friday metrics and trends to see how retailers can use them to their advantage moving forward.
It’s almost impossible to keep up with the ever-changing wireless retail environment. New trends are popping up every day and, with that, comes new buzzwords and terminology you must understand to succeed as a retailer. We have written articles like this before and this time we wanted to shift the focus and highlight some of the key players in wireless.
Effective Inventory Management begins with improving our visibility into actual inventory levels and Virtual Quantity.
Let’s dive into the processes that reveal true in-store sellable quantities through your POS data, and how to better leverage Virtual Quantity in relevant auto ordering and transferring tools.
Choosing a point of sale (POS) system is kind of like getting married—you want to know what you’re getting into before you tie the knot and commit. Will your POS system work for you long-term? Can it fit the needs of your business as you scale? Will it integrate with third-party offerings that enhance your customer service?
Neglecting to plan for Black Friday is like going rock climbing without ropes—it makes something that’s already difficult a whole lot harder. Black Friday is one of the most intense shopping days of the year, and the outcome for retailers can be spectacular or stressful depending on how well they're prepared. Set yourself up for success this holiday season with these seven simple steps.
The latest stats on EMV bring us good news about U.S. merchant chip card acceptance. The U.S. Payments Forum Fall 2017 Snapshot reports that 96% of the top 200 merchants are now fully EMV enabled and between 70 and 80% of small-and-medium-sized businesses are accepting chip-on-chip payments.
Your POS system is the central hub for your business and the heartbeat of transactions, so choosing a new POS system can be a very daunting task. It’s intimidating and overwhelming to implement new technology — two reasons why retailers often avoid it at all costs. But what about the risk that comes with having the wrong tools or system in place? That thought should be just as scary. Without the right POS, you run the risk of missing the opportunity to grow your business quickly or at all.
Wireless retailers have grown used to rolling out a new marketing campaign each fall trumpeting the release of the newest iPhone. Usually, many wireless retailers would find this process fairly routine—the massive popularity of Apple products means the iPhone more or less sells itself.
The dynamic duo of Dropship and Endless Aisle are the products your service & repair shop needs to ramp-up revenue and always be closing on sales.
If you’re already convinced, great! However, it’s likely that you don’t believe me just yet. In order to understand this no-brainer business decision, it’s important to know what the heck Dropship and Endless Aisle actually are!
In an unprecedented move, Apple has announced three new iPhones simultaneously—the iPhone 8, iPhone 8+, and the highly-anticipated iPhone X. The iPhone is one of the few products that sparks interest and sales simply with its announcement—but this influx of new phones on the market leaves wireless retailers in a precarious position. How do retailers market the new iPhones when everyone else is marketing it, too?
Sometimes indirect dealers are faced with a lot of carrier restrictions which can create issues when trying to streamline their daily operations. But don't worry! Retail solutions are ready to help. An in-store virtual experience can help you meet your goals while adhering to restrictions.