A party isn’t much of a party without drinks--everyone who has ever attended a dry event knows that-- and for this reason, the liquor industry will never be short on finding customers. Indeed, alcohol is probably a product that can sell itself; however, competition within the wine and liquor industry is fierce, which is why simply selling alcohol alone is not enough to guarantee success in a competitive market.
As the focal point of any business that sells merchandise, inventory is the most critical element of the supply chain. Without inventory sales, retail and wholesale companies will go under.
When you hear the phrase "good customer service", what kinds of businesses come to mind? If retail outlets, restaurants, and grocery stores are among the first types of businesses you think of, you aren't alone. Most people assume that good customer service exists only within the scope of B2C companies--that's business-to-consumer companies.
Are you a business owner who is ready to embark on selecting a digital signage system? Or have you already invested in on-premises digital signage, but are unsure of how to get the most out of it? Believe it or not, business owners who have purchased a digital signage system might not understand its capabilities.
For businesses of all industries, the lifeblood of daily operations will always be the hardware and software used. Whether you're running a national fast food chain, managing a warehouse or multi-location distribution center, or simply opening your first retail store, as a business owner it's imperative that you choose the best technical gear and I.T. systems in order to function efficiently.
Since the inception of marketing, a helpful adage has been used to keep marketers focused on the four most important pillars of a sound sales campaign, and it goes a little something like this: Put the right product in the right place, at the right price, and at the right time.
Posted in Hardware on Jan 14, 2021
Predictive analytics is a production and warehousing strategy used to keep inventory above the demand level at all times without over or under producing, and over or under ordering. In order for businesses to accurately predict how much inventory they will need available at any given time, they must have the ability to forecast demands, which means that software must be in place and functioning properly at their facility that can handle inventory tracking.
A waiter at a restaurant suggests his customers order a pitcher of lemonade instead of individual glasses. A bookstore manager recommends a sequel title when a shopper purchases a popular novel. An airline agent offers an upgrade from coach to first class for a fraction of the usual cost. These are all real-world examples of upselling.
No matter what U.S. state your business is located in, this holiday season is guaranteed to be unlike any other. Americans have endured nearly a full year of constant economic assault from the government in the name of fighting an invisible enemy. One would have to wonder, is the invisible enemy a virus or the legal mandates executed in response to it?
All businesses rely on the internet for their operations, no matter what industry they're in. Both internal and external networks are required to keep a company running, and those networks depend on a strong internet connection. Your store's network supports everything from the email system to the telephone lines so that they function properly. As a business owner, you cannot expand your customer base, nor communicate with employees, vendors, partners, and even the competition without a thoroughly networked system supported by the internet.
Posted in Hardware on Oct 01, 2020
Every business, no matter its size or location, manages its operations using IT and data communication systems. These systems store highly sensitive data, including financial information, sales and transactions records, and customer profiles. However, the systems themselves, regardless of how well built and secure they are, could potentially fail at one point or another.
Cigar shops are one of the most niche-specific stores someone could own, therefore, a cigar shop owner needs the most niche-specific business tools to successfully manage day-to-day operations and grow the business. In this article we will talk about 3 must-have solutions a cigar shop needs to manage their unique inventory, track sales and scan data, and increase their loyal customer base.
Posted in Hardware on Mar 04, 2019
As a wholesaler, distributor or retailer, it’s important that you keep an eye on your most important investment: your inventory. Take control and save time with handheld scanners.
Your business can’t afford to pass up the opportunity to make a bigger sale at the register. Customers are already buying, and it’s usually the last opportunity you have to sell them before they leave the store. So, how do you upsell your customers?