Retail Focus

MAY 18, 2021

According to a recent study, the costliest in-store operating expenses are labour, rent, marketing and energy so these are great places to start when looking to cut costs. Customer Retention is Key.

Payment Services 147

Payment Services Customer Retention Operating Expenses Marketing 147

M19 Retail

DECEMBER 4, 2024

The Benefits of a Mobile POS for Retail Stores In the fast-evolving retail environment, where customer expectations continue to rise, delivering quick, personalized service is no longer optional; it’s essential for business growth and customer retention.

Payment Services 52

Payment Services Checkout Inventory Management Customer Retention 52

V Count

MAY 5, 2021

If your net profit is on the low side, you may look into finding ways to reduce your operating expenses. Streamline operations to reduce expenses. Organizing and holding events to attract customers. Driving traffic from existing customers. Why measure customer retention rate? CE-CN)/CS)) x 100.

Net Profit 52

Net Profit ATV Customer Retention Store Layout 52

RETAIL MANAGEMENT SOFTWARE

DECEMBER 8, 2021

Building a loyal customer base is crucial to thrive or even survive in the footwear business. While marketing and consumer management professionals seem to agree that there is no magic formula for customer retention, experts believe there are a few retail business tips that shoe brands and retailers may use to keep their customers loyal.

Merchant Services 52

Merchant Services Clienteling Customer Retention Operating Expenses 52

365 Retail

SEPTEMBER 16, 2024

Streamlining Operational Expenses : Regularly review expenses to identify unnecessary costs and consider negotiating with suppliers for better terms. Optimising Staffing Costs : Implement flexible staffing models that adapt to peak and off-peak periods, and cross-train employees to perform multiple roles.

Payment Services 52

Payment Services Planning Inventory Management Management 52