Tokinomo

MARCH 29, 2023

After the Pandemic changed the way we shop, customers are expecting a lot more from retailers. A lot of consumers got used to online shopping. However, brick-and-mortar is not dead and many shoppers still prefer to buy in-store. One of the biggest issues when shopping in-store is the low stock of products.

Dead-Stock 246

Dead-Stock Shopping Consumer Customer Experience 246

Inside Retail

MARCH 21, 2024

Last year, retailers were forced to focus on finding ways to mitigate the impact of the cost-of-living crisis on shoppers. Choco Up surveyed more than 500 shoppers and asked them what they love about their favourite retailers – and why they avoid others.

Consumer 130

Consumer Dead-Stock Finance Inventory Management 130

Inside Retail

OCTOBER 11, 2023

A few years ago, it seemed like every new brand making noise in the market was adopting a direct-to-consumer (DTC) business model. Like many trends, the discourse around DTC is a rollercoaster, ranging from ‘DTC is dead!’ to ‘Look at this amazing DTC brand! Everyone should do this.’ million before going public in 2020.

Dead-Stock 130

Dead-Stock Consumer Kiosk Marketing 130

Storis

MAY 23, 2024

The following is used for the Turns formula: Turns = Year’s Cost Of Goods Sold $/Year’s Avg Units On Hand * Year’s Avg Unit Cost $ This ratio provides insight into how quickly a business can convert its stock into sales. In conjunction with these efforts, implementing effective marketing strategies is key to enhancing inventory turnover.

Inventory Turnover 52

Inventory Turnover Payment Services Dead-Stock Inventory Management 52

Wiser

AUGUST 25, 2023

As a result of putting these efforts in place, the National Association of Retail Marketing Services attributes 8. So, it’s about making that information as brain-dead simple and readily available for everyone from, you know, field sales reps walking into the store to key count managers during category reviews.

Suggestive Selling 78

Suggestive Selling Management Accounting Marketing 78