I Vend

MARCH 14, 2023

Retailers have to find a way to make the shopping experience more human, engaging and personalised and many are turning to the smart use of retail technology, specifically mobile point of sale, or mPOS. Mobile POS allows store associates to get alongside customers as they are making their buying decisions.

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Shopping Point of Sale Payment Services Checkout 98

I Vend

OCTOBER 6, 2022

A retail business without a point of sale system seems unthinkable. Retail technology drives growth, through enhanced customer experience and increased sales. iVend Retail Ecosystem Get the synergy flowing in your retail business. Learn more about iVend’s integrated retail technology platform.

Inventory Management 98

Inventory Management Payment Services Point of Sale Checkout 98

I Vend

AUGUST 10, 2022

Personalised communication is also important for building advocacy and brand ambassadors, with 71% of shoppers feeling frustrated when their customer experience is not personalised. Retail technology can play an important role in helping to develop customer advocates and retail communities. The role of retail technology.

Customer Retention 98

Customer Retention Customer Experience Promotions Point of Sale 98

RETAIL MANAGEMENT SOFTWARE

DECEMBER 12, 2022

With a mobile POS, your customers won’t have to wait in line to check out. This will allow you to serve more customers and save them time. Improved customer service will result in better customer retention.

Payment Services 74

Payment Services Point of Sale Customer Retention Customer Experience 74

Retail TouchPoints

AUGUST 30, 2024

From Fragmented to Frictionless By now, the benefits of a good loyalty program are well-documented: improved customer retention, more frequent purchases, higher-volume orders and better brand sentiment. But there are bumps in the road for brands looking to implement a successful loyalty program nowadays.

Merchant Services 124

Merchant Services Consumer Customer Retention Promotions 124

I Vend

AUGUST 19, 2024

Read more In this article we’ll take a look at customer appreciation strategies, why they are important, the steps to create them, and the way that point of sale customer loyalty and promotions technology underpins implementation. Why is customer appreciation important?

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Point of Sale Promotions Checkout Customer Retention 52

Wiser

NOVEMBER 29, 2023

They aim to encourage these entities to stock more of the product, allocate more shelf space, or promote it more vigorously to customers. Tactics often include bulk buying discounts, rebates, or incentives like free point of sale displays.

Promotions 146

Promotions Consumer Wholesale Advertising 146

Retail Next

SEPTEMBER 24, 2019

Point of Sale Data Collection – Retail customer data collected at the point of sale is not only a perfect solution to inventory management but has other great benefits too that just shouldn’t be missed. Ensuring relevancy of products as per demand and the competitive market. Recognizing potential threats.

Point of Sale 88

Point of Sale Inventory Management Target Market Customer Experience 88

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

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

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. Modernized Point of Sale Registers.

Management 84

Management Inventory Management Customer Retention Returns 84

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

CJ Retail Solutions

AUGUST 17, 2024

All things considered, the use of technology in retail merchandising has improved how goods are presented and offered while also giving customers greater choice & control over their purchasing journey. Using Social Media to Engage with Customers.

Marketing 52

Marketing Point of Sale Payment Services Promotions 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

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

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

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

While many retailers appointed a store associate to physically count foot traffic to adhere to the occupancy rule, some retailers added floor markers that are spaced 6 feet apart and installed customized plexiglass shields at all point-of-sale. The store experience is a big part of REI’s success.

Retail Trends 94

Retail Trends Consumer Payment Services Fulfillment 94

CJ Retail Solutions

AUGUST 26, 2024

Retailers can set up particular KPIs that align with their overarching objectives, like raising sales, strengthening brand awareness, or improving customer retention. Common KPIs for in-store marketing campaigns include sales conversion rate, foot traffic, average transaction value, customer retention rate, and brand awareness.

Marketing 52

Marketing Visual Merchandising Inventory Turnover Store Layout 52

I Vend

JULY 8, 2022

Greater engagement – customers feel part of the checkout experience, they interact with offers and promotions and relish the opportunity to provide feedback. Interaction and engagement are primary drivers of customer retention, and therefore increased sales.

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

I Vend

JULY 9, 2024

Customer engagement Customer engagement and experience is essential to business success in retail – in fact 81% of businesses say that it is a key competitive differentiator – because of the way that it drives customer retention and average spend and increased profits.

Inventory Management 52

Inventory Management Supply Chain Management Payment Services Checkout 52

CJ Retail Solutions

DECEMBER 4, 2024

From point-of-sale systems to refrigeration units, each piece of equipment plays a vital role in daily operations. Neglecting maintenance can lead to unexpected breakdowns, resulting in lost sales and frustrated customers. This strategic focus on aesthetics can lead to increased brand loyalty and customer retention.

Inventory Management 52

Inventory Management Customer Experience Clienteling Customer Retention 52

Small Biz Trends

JUNE 29, 2023

Proficient computer skills and experience with point-of-sale systems. Positive attitude and a passion for providing exceptional customer service. Handle customer complaints and escalate as necessary. Qualifications - Previous customer service experience in a retail environment. Benefits: Competitive hourly wage.

Payment Services 75

Payment Services ATS Accounting Fulfillment 75

365 Retail

SEPTEMBER 16, 2024

Consider adopting technologies that offer real-time insights into your financial health, such as cloud-based accounting software or point-of-sale (POS) systems with integrated analytics. Average Transaction Values : Analyse this to identify opportunities to increase sales per transaction, such as cross-selling or upselling.

Payment Services 52

Payment Services Planning Inventory Management Management 52

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

Retail TouchPoints

MARCH 30, 2023

But it’s retailers’ reluctance to move their point of sale (POS) systems from a traditional client/server setup to a cloud-based architecture that really slows down progress. UK fashion retailer River Island found that convenience, value and customer service were its customers’ top priorities. View the session on demand.

Point of Sale 298

Point of Sale Checkout Consumer Promotions 298

Star Miconics

MARCH 29, 2024

Discover Star 1D/2D Scanners Beyond Point of Sale: The Expanding Role of Barcode Scanners Today’s barcode scanners have transcended their original use as mere checkout tools. Furthermore, they have become indispensable in inventory management, helping to identify sales trends and tracking items throughout the supply chain.

Payment Services 59

Payment Services Inventory Management Checkout Point of Sale 59