Figures are the language of business. Without them we will be hard pressed to run a successful company. As we enter the period post Covid with businesses coming back to normal, retail performance is going to be talking a lot about figures in this book, where we find them, how we gather the most important ones, and how we turn them into hypotheticals that drive opinions and sales.
The competitive nature of the retail industry makes it vital for businesses to construct their deals & methodology around a value-based proposition, whether it’s through online or offline marketing. Also know how Artificial Intelligence is going to Impact the Retail business, going forward.
Did you know that one of the most important parts of running a successful business is establishing an effective and efficient inventory management system? Improper inventory management has a devastating effect not only on small businesses, but even mega-corporations can feel the effects.
A business is only as successful as its employees, and that goes for any industry. Whether you’re running an office, a retail store or an online business, the rules are the same. But it takes Leadership qualities and nurturing to develop a workforce that optimises your operations. After all, even the most genuine, talented and loyal employees need direction and encouragement to succeed.
Without an ERP solution your Retail business is highly likely to suffer from inefficient operations, costly and outdated systems, lost customer acquisitions
Customer service is one of the most critical part of building customer loyalty and trust. We can gain business success and increase the number of new customers simply by giving excellent customer service, as satisfied customers will spread the word about the great service your company provides.
Even with a polished presentation, you can lose sales if your body language is out of synergy with your words.
The art of capturing attention through visual appeal has its own principles, but it all comes down to one thing, creating an amazing experience that compels a purchase.
AI has completely changed the way retailers work, engage with customers, and fight for market share in recent years.AI has advanced even further with the introduction of chatbots and machine learning, allowing merchants to streamline their process…
