Wiser

NOVEMBER 29, 2023

Understanding the difference between trade promotion and consumer promotion is crucial for any business seeking to maximize its market impact and sales potential. These two promotional strategies, while aiming to stimulate demand and increase sales, target distinct audiences and employ different methods. What is Trade Promotion?

Promotions 146

Promotions Consumer Wholesale Advertising 146

CJ Retail Solutions

AUGUST 17, 2024

Data-driven marketing using POS systems helps understand and target customers. Integrating traditional and digital marketing creates a seamless shopping experience. Personalization and customization using POS data tailor marketing strategies.

Marketing 52

Marketing Point of Sale Payment Services Promotions 52

RETAIL MANAGEMENT SOFTWARE

AUGUST 2, 2022

It will help you minimize customer complaints. It will help you reduce customer attrition. It will help you increase customer retention. It will help you increase the number of loyal customers. It will help you increase the number of repeat customers. It will help you reduce the cost of customer acquisition.

Management 110

Management Inventory Management Customer Retention Returns 110

CJ Retail Solutions

AUGUST 26, 2024

One of the most important metrics for assessing the success of retail marketing campaigns is the Key Performance Indicator (KPI). Retailers are able to make data-driven decisions for business growth with the help of these indicators, which offer quantifiable data on various aspects of marketing strategies.

Marketing 52

Marketing Visual Merchandising Inventory Turnover Store Layout 52

Retail Next

SEPTEMBER 24, 2019

In today’s world, collecting data and basing decisions on the calculated data is critical to success, especially in the retail market. It is also critical to formulating an effective business and marketing strategy. Ensuring relevancy of products as per demand and the competitive market. Assess the market and competition.

Point of Sale 88

Point of Sale Inventory Management Target Market Customer Experience 88

I Vend

AUGUST 19, 2024

‘ It’s easier to love a brand when the brand loves you back’ – so says marketing guru, Seth Godin, and his pithy summary encapsulates why more and more retailers are focusing on customer appreciation strategies to grow revenue and profits in their business. Why is customer appreciation important?

Point of Sale 52

Point of Sale Promotions Checkout Customer Retention 52

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. Adoption of the omnichannel distribution system and cross-channel marketing.

Retail Trends 111

Retail Trends Consumer Payment Services Fulfillment 111

I Vend

APRIL 12, 2022

The European Business Review recently reported , for example, on research that put the cost of acquisition at five times higher than retention. When it comes to profitability, the gains are even more compelling: Bain & Co’s research shows that a 5% increase in customer retention can ramp up profits by anything from 25% to a massive 95%.

Payment Services 98

Payment Services Customer Retention Customer Experience Promotions 98

RETAIL MANAGEMENT SOFTWARE

JULY 8, 2024

Managing inventory, processing sales efficiently, and providing a seamless customer experience are just a few critical tasks. A specialized Point of Sale (POS) system can be a game-changer for sporting goods retailers. Enhance Customer Engagement – Leverage CRM features to build stronger customer relationships.

Sporting Goods 52

Sporting Goods Payment Services Inventory Management Point of Sale 52

V Count

SEPTEMBER 15, 2022

If you’re running a brick-and-mortar business, you may want to invest in one of these point-of-sale systems. POS is actually an acronym for point of sale (also known as point of purchase). Point of sale refers to the time and place where a transaction is completed.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

V Count

SEPTEMBER 15, 2022

If you’re running a brick-and-mortar business, you may want to invest in one of these point-of-sale systems. POS is actually an acronym for point of sale (also known as point of purchase). Point of sale refers to the time and place where a transaction is completed.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

Storis

APRIL 12, 2024

CLV serves as a crucial metric for businesses to assess the long-term profitability of their customer base and tailor marketing strategies accordingly. Retailers’ loyalty, reward, and membership programs grow Customer Lifetime Value (CLV) by encouraging repeat purchases and increasing customer retention.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52

Storis

APRIL 18, 2024

CLV serves as a crucial metric for businesses to assess the long-term profitability of their customer base and tailor marketing strategies accordingly. Retailers’ loyalty, reward, and membership programs grow Customer Lifetime Value (CLV) by encouraging repeat purchases and increasing customer retention.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52

Storis

APRIL 12, 2024

CLV serves as a crucial metric for businesses to assess the long-term profitability of their customer base and tailor marketing strategies accordingly. Retailers’ loyalty, reward, and membership programs grow Customer Lifetime Value (CLV) by encouraging repeat purchases and increasing customer retention.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52

Storis

SEPTEMBER 17, 2024

At the heart of modern retail strategy lies the concept of unified commerce solutions—integrative systems that ensure a consistent and seamless customer journey across all channels. Today’s retail customers value experience and service. Creating Tech-Driven Experiences Gone are the days of mundane shopping trips.

Customer Retention 52

Customer Retention Inventory Management Customer Experience Point of Sale 52

I Vend

JULY 9, 2024

Retail POS Software Build your trusted tech partnership with market leader iVend. Tech partnerships are at the heart of being able to provide positive customer engagement and experience: • Your POS partnership impacts the customer’s checkout experience. FAQs How do partnerships impact staff retention?

Inventory Management 52

Inventory Management Supply Chain Management Payment Services Checkout 52

I Vend

JULY 8, 2022

There is less chance of error, it reduces customer queries and means they get ‘no surprises’ at the end of the checkout process. Greater engagement – customers feel part of the checkout experience, they interact with offers and promotions and relish the opportunity to provide feedback.

Customer Experience 52

Customer Experience Checkout Customer Retention Promotions 52

Retail Minded

MAY 16, 2023

This branch of online business offers several benefits that traditional points of sale do not. M-commerce gives businesses access to consumer data, which can be useful for customer retention and product development. This data can also help companies understand why customers buy from them instead of their competitors.

Payment Services 52

Payment Services Customer Retention Point of Sale Consumer 52

365 Retail

SEPTEMBER 16, 2024

Retail businesses face constant challenges, from fluctuating market conditions to changing consumer demands. For many retailers, inventory management, staffing, and marketing are key areas that require careful planning. Finally, marketing should be targeted and cost-effective, using strategies that provide a clear return on investment.

Payment Services 52

Payment Services Planning Inventory Management Management 52

CJ Retail Solutions

DECEMBER 4, 2024

In the competitive landscape of retail, maintenance plays a pivotal role in ensuring operational efficiency and customer satisfaction. Retailers often focus on marketing strategies and product offerings, but neglecting the maintenance aspect can lead to significant setbacks.

Inventory Management 52

Inventory Management Customer Experience Clienteling Customer Retention 52

Small Biz Trends

JUNE 29, 2023

Resolving customer complaints or any issues with their accounts. Assisting customers with opening new customer accounts. Providing feedback to the marketing and product departments regarding customer concerns or suggestions. Proficient computer skills and experience with point-of-sale systems.

Payment Services 75

Payment Services ATS Accounting Fulfillment 75

V Count

MAY 6, 2024

Poor Customer Service : One significant factor that can lead to a decrease in customer retention is poor customer service. A customer may choose to leave a store and not make a purchase if they feel they are being ignored, not treated respectfully, or if they perceive the customer service to be subpar.

Payment Services 52

Payment Services Checkout Store Layout Returns 52