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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 customerretention.
If your net profit is on the low side, you may look into finding ways to reduce your operatingexpenses. Streamline operations to reduce expenses. Organizing and holding events to attract customers. Driving traffic from existing customers. Why measure customerretention rate? CE-CN)/CS)) x 100.
It’s essential to balance having enough staff to provide excellent customer service without overstaffing, which can drain resources. Finally, marketing should be targeted and cost-effective, using strategies that provide a clear return on investment.
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