Remove Customer Experience Remove Customer Retention Remove Inventory Management
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The Power of Loyalty: Enhancing Customer Retention for Small to Medium-Sized Retail Stores with iVend POS

I Vend

Customer retention is one of the most valuable and important strategies for building a successful mid-size retail business. It places the focus on customer lifetime value (CLTV) – the total that a customer spends with the retailer over a relationship that usually spans years, and even generations.

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Rethinking Returns: Innovative Strategies for Retailers to Drive Growth in 2024

Retail TouchPoints

From here, retailers can identify trends that lead to repeat purchases and higher satisfaction, powering return processes that are both efficient and aligned with customer preferences. So why do customers delay returns? Operational aspects of returns are just as crucial.

Returns 261
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Stores are back, but will the inventory be there?

Inside Retail

So how can retailers be proactive in their inventory placement to avoid compromising top-line growth and customer satisfaction? Not only will this help ensure margins are managed, but it will ensure customer expectations are met. About the author: Damien McLaughlin is a director at Oracle Retail.

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Different Things to Consider Outsourcing in Your Retail Business (and Why)

Retail Focus

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Outsourcing website development to professionals ensures that your online store is visually appealing, functional, and optimized for a seamless user experience.

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The Impact of Retail Digital Transformation on Consumer Behaviour

Retail Focus

This enhancement not only improves the overall shopping experience but also leads to lower return rates. Sustainability is another critical focus area, with digital tools enabling better inventory management and waste reduction. Cost Reduction: Better inventory management and efficient operations lower overall costs.

Consumer 130
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Retail technology evolves: From POS to omnichannel ecosystem

I Vend

Retail technology drives growth, through enhanced customer experience and increased sales. Mobile POS Mobile POS enables staff to interact with customers in the aisle, rather than simply at the checkout. Mobile POS enhances the customer experience, effectively manages inventory and increases sales by up to 10%.

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Top 10 Reasons Why Your Store Needs Tailored Retail Management Solutions

RETAIL MANAGEMENT SOFTWARE

Tailored retail management solutions help your store deliver a smooth, reliable, and personalized customer experience. In order to provide the best customer service, a well-managed store needs the best tools available. That’s why a retail management solution includes inventory management software.