Small Biz Trends

JUNE 21, 2025

Promote Cost-Effective Marketing: Implement creative holiday promotions that attract customers without overspending, ensuring customer retention while maintaining a solid reputation. From budget-friendly gift ideas to cost-effective holiday meals, there are plenty of ways to keep your finances in check.

Customer Retention

Storis

JULY 31, 2025

Ongoing disruptions and tariff complications require agile inventory and supply management strategies. Retailers can leverage technology like STORIS’ advanced inventory management solution s , ensuring real-time visibility into stock levels, supplier relationships, and fulfillment capabilities.

Planning

Small Biz Trends

JULY 2, 2025

Successful entrepreneurs leverage market research to identify trends and customer demand. Identifying Your Niche: Defining a specific niche helps focus marketing efforts and addresses unique customer needs, enhancing branding and sales conversions. A strong understanding of market demand influences profitability.

Thrift Store

Small Biz Trends

JUNE 18, 2025

Key Takeaways Explore Diverse Baking Models: From home-based operations to online bakeries, there are various business models that cater to different market segments in the baking industry. Emphasize Niche Markets: Specializing in gluten-free, vegan, or custom baked goods can help you stand out and attract specific customer demographics.

Promotions

Small Biz Trends

JUNE 20, 2025

Key Takeaways Understand the Market: Familiarize yourself with current trends like health-conscious options, unique flavors, local sourcing, e-commerce growth, and effective social media marketing to differentiate your ice cream shop. In today’s competitive market, it’s essential to stand out.

Shopping

Small Biz Trends

JUNE 18, 2025

Marketing Strategy Importance: Successful franchises utilize effective marketing strategies tailored to their exclusive territories, enhancing visibility and customer engagement. Consider the franchise marketing strategies employed by successful franchises. Evaluate the potential for franchise growth within your chosen brand.

Supply Chain Management

Small Biz Trends

JULY 31, 2025

Businesses that successfully implement cost reduction strategies also strengthen their operational efficiency , which is crucial for maintaining a competitive edge in today’s fast-paced market environment. Failing to evaluate long-term impacts can lead to reduced customer satisfaction and loss of market competitiveness.

Operating Expenses

Small Biz Trends

JUNE 13, 2025

Conduct Market Research: Understand your target audience and analyze competitors to identify gaps and refine your business model for better profitability. Leverage Online Tools: Utilize digital marketing and SEO strategies to enhance your online presence and attract more customers, maximizing your revenue potential.

Accounting

Small Biz Trends

JUNE 24, 2025

Embrace Adaptability: Stay responsive to market changes and customer feedback to maintain relevance and maximize opportunities for expansion. You juggle countless responsibilities, from managing finances to nurturing customer relationships. Running a business is no small feat. In this fast-paced world, staying proactive is key.

Management

Small Biz Trends

JULY 30, 2025

Start by researching your market and audience to tailor your products effectively. Key Takeaways Conduct thorough market research to identify niche communities and assess competitors for potential growth opportunities. Develop a unique selling proposition that clearly articulates what sets your craft business apart in the market.

Boutique

Small Biz Trends

JUNE 26, 2025

Conduct Thorough Market Research: Analyze your target market, industry trends, and potential competitors to assess demand and opportunities, ensuring a solid foundation for your business. With the right approach and a solid plan, you can transform your ideas into tangible products that meet market demands.

Finance

Small Biz Trends

JUNE 26, 2025

Market Research is Essential: Analyze demographics and competition to identify high-demand areas with a growing population of car owners. Infrastructure and Resources: Choose locations with good transportation access and a skilled labor market to improve operational efficiency and management.

Location

Small Biz Trends

JUNE 28, 2025

Territory and Competition Awareness: Exclusive territory arrangements can protect against competition, while careful evaluation of market saturation is crucial for positioning your franchise effectively. From training programs to marketing strategies, you’ll have everything you need to hit the ground running.

Inventory Management

Retail TouchPoints

AUGUST 4, 2023

Micro markets are one of the key self-service options that are becoming increasingly popular in airports. Micro markets also offer simple and secure payment options, allowing tourists to pay with their credit card and not have to worry about taking out or exchanging cash.

Payment Services

Retail TouchPoints

OCTOBER 19, 2023

Viall will retain ownership of merchandising and product development functions and assume responsibility for the supply chain; and Kelly Cook, who joined David’s Bridal in 2019 as EVP, Chief Marketing and IT Officer, has been promoted to President of Brand, Technology and Finance.

Inventory Management

Retail TouchPoints

SEPTEMBER 18, 2023

based sellers exported more than 216 million products to customers in other markets through the platform. Here’s a look at how Amazon is moving even further away from the domain of retailer with the debut of new services in supply chain management, shipping, banking, market research, product development, inventory management and more.

Payment Services

Retail TouchPoints

AUGUST 13, 2020

Every business has to manage excess capacity and/or inventory: restaurants have excess food and empty tables; hotels and homeowners have vacant rooms; retailers have overstock and returns. Applying Marketplace Dynamics To Excess Inventory. Prior to that, he spent over five years at Yahoo!

Apparel

Retail TouchPoints

NOVEMBER 10, 2023

Despite rumblings of a spending slowdown in the luxury market, Tapestry announced a record fiscal Q1, which ended Sept. Inventory levels for the quarter were 17% below the prior year, which Tapestry attributed to “disciplined inventory management and a lower level of in-transits relative to last year.” “As

Inventory Management

Retail TouchPoints

MAY 9, 2023

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Creating a seamless inventory management journey. What’s Next?

Payment Services

Retail TouchPoints

JANUARY 6, 2023

Deloitte found that 51% of lower-income earners and 38% of higher-income earners felt that their finances took a turn for the worse in 2022. The challenge for retailers is understanding where their customers will be six months from now and positioning their inventories, promotional plans and overall business outlook accordingly.

Payment Services

Retail TouchPoints

JUNE 13, 2023

Agility in a dynamic market: Another key challenge is ensuring agility in our technology strategy. The retail market is highly dynamic, with changing customer expectations, emerging technologies and evolving business models. This involves personalized product recommendations, marketing messages and customer service.

Customer Experience

Retail TouchPoints

NOVEMBER 19, 2021

With a crowded market of both physical and online retailers, many brick-and-mortar retailers have confirmed their plans to close, but that’s the natural order of the industry. Data informs action, revealing which path to take in a crowded and highly competitive market. That said, there have been a few bumps in the road.

Fulfillment

Retail TouchPoints

FEBRUARY 2, 2023

But at many companies, critical front office decisions — such as in-store marketing or performance marketing — are being made at a higher level than where the work is done. Information is stuck in separate systems divided by function: finance, human resources (HR), operations and others.

Inventory Management

Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. While the report primarily focuses on how AI can optimize store layouts and marketing strategies, there is an underlying message on data security.

Payment Services

Inside Retail

SEPTEMBER 21, 2021

Aggregators are now looking to scoop up the most successful sellers and grow their sales several times over by pumping money into marketing and SEO, launching new products and entering new markets, while simultaneously realising cost savings from shared resources in the backend. Juju is a case in point. Untapped potential.

Planning

Retail TouchPoints

AUGUST 14, 2023

Turning Insights into Action The first step is to establish an internal task force comprised of technology, business, finance and operations representatives. This change is necessary to provide the real-time data that powers the robots and automation tools that are central to retailers’ inventory management.

Payment Services

Inside Retail

MAY 24, 2021

also set up an outsourced team of highly-skilled professionals to spearhead its digital marketing, customer service, and tech support functions, among others. Pet goods business Pet Circle was able to increase its efficiency and cost savings by utilising an outsourcing model for a number of its internal and customer-facing functions.

Inventory Management

Retail Minded

MAY 23, 2024

By implementing strategic financing strategies, retailers can position themselves for consistent growth and long-term success, regardless of the time of year. Failure to effectively manage cash flow during peak and slow periods can lead to inventory shortages, operational disruptions, and financial distress.

Finance

Small Biz Trends

DECEMBER 6, 2022

Sale POS systems may also have additional functionality, including payroll, employee management, and customer tools such as loyalty programs. POS systems also offer finance and accounting data, such as custom dashboards, for greater oversight of business performance. Best Overall Point of Sale Systems. Brilliant POS.

Point of Sale

Inside Retail

MAY 5, 2024

To successfully make the transition into global markets, the best brands understand that no matter how far and wide they grow, maintaining a local feel will foster deeper connections with customers and better resonate with their cultural identities. Building new systems for each new market will quickly bring your plans to a grinding halt.

Payment Services

Inside Retail

JUNE 11, 2024

We started to think about and research how the target customer lives and the size of the market and we started with a smaller inventory. That’s been a big struggle for many markets, so we wanted to have transparency in pricing. If we continue to stay true to that, we will have a market. We didn’t do that in the US.

Fulfillment

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. PVH x RetailNext and MarketDial PVH Corp.

Point of Sale

Inside Retail

APRIL 10, 2022

It could be that it’s the right time to invest in external expertise in growing and marketing your business brand so that you can build brand awareness amongst new customers and potential retailers. For example, onboarding an inventory management system so that you can work with national (and international!)

Inventory Management

Retail Focus

SEPTEMBER 5, 2024

From the use of chatbots to direct customers to the correct department while shopping on their mobile device or computer, through to sophisticated inventory management that helps retailers operate easier, the potential for AI in retail is far-reaching. AI offers a wide range of benefits for retailers.

Payment Services

Inside Retail

APRIL 3, 2023

Our customers have been clamouring for solutions that has stretched us far beyond pure accounting tech for many years, hungry for solutions in payroll, inventory management and more besides,” says MYOB’s GM – SME, Emma Fawcett. “It Watch the above video to find out how the MYOB business management platform works in Australia.

Inventory Management

Retail Focus

MARCH 6, 2024

Their method of recording and verifying transactions is secure, transparent, and decentralised, and it can be applied to different sectors such as finance, supply chain, and digital identity verification. Luxury retailers can improve operational efficiency and cost savings through streamlined processes and enhanced inventory visibility.

Inventory Management

Inside Retail

JUNE 25, 2022

The marketer’s role is to develop a sales and marketing strategy to influence shoppers on their path to purchase along this omnichannel labyrinth. Whether consumers shop online or in-store, modern marketers need to understand how to reach consumers where they are. . In simple terms, the brand with visibility in-store wins.

Inventory Management