Web3 is the version of the internet where you can not only read and write, but also own. As to what this could mean for your business, decentralization is at the heart of this evolution. Digital wallets are the key to web3 access, as they allow users to send and receive digital assets like cryptocurrencies […]
Success Tips for Food & Beverage Wholesale Distribution
The best performing food and beverage wholesalers know that growing revenue only through new customer acquisition is not an efficient way to scale. Growing revenue by keeping low churn using up-sells, cross-sells, and expanded use is a most profitable way to scale. Maintaining consistent and accurate pricing across channels can be difficult and costly. If […]
Halloween Retail Displays to Boo-st Sales
This is because Halloween retail displays bring extra attention to your wares. It is also a great excuse to change up your displays, which you should be doing anyway. Whether they are real or fake, carved or painted, illuminated or etched, gourds are guaranteed to add a festive flair to any retail display. Make the […]
5 Ways Low-Code Technologies Can Help Boost Business
Low-code platforms are sometimes compared to no-code development. The difference lies in the audience — low-code is aimed at developers or professionals with some technical knowledge. When working in low-code environments, developers can generally work faster. Low-code platforms can be used to develop applications that improve customer service by empowering staff to address issues and […]
How ‘Buy Now, Pay Later’ Can Strengthen Brand Equity
This flexible payment solution also doubles up as a highly effective marketing tool for you as a retailer to build your brand equity. Improving brand equity means increasing the value of your brand in the minds of your consumers. White-labeled BNPL solutions put the merchant in the driver’s seat and enable them to retain the […]
How to Optimize Digital Customer Experiences
It can be tempting to react to technology trends in order to keep up with competitors, but it is more important to evaluate a technology’s utility and how it aligns with your customers’ needs. Customer feedback will always be your biggest opportunity to improve. Consider how you can connect with consumers digitally to further enhance […]
How to Revolutionize Inventory Management
Shoppers are now likely to see an out-of-stock message on one out of every 59 product pages, a 235 percent increase from pre-pandemic levels. Having insufficient stock to fulfill demand results in missed sales, causes reputational damage, and sends customers to competitors. Businesses that employ data-led solutions to streamline supply chain efficiency will reap rewards. […]
How to Deliver a Flawless In-Store Customer Experience
RFID is rapidly gaining implementation within the retail sector and is a key technology applied to aid business operations. RFID technology allows retailers to gain a greater view of their on-hand inventory with 93-99 percent inventory accuracy by scanning hundreds of items within seconds. Interactive fitting rooms increase consumer engagement by providing outfit and accessory […]
How to Use Influencer Marketing to Increase Customer Loyalty
Word-of-mouth marketing, such as these campaigns, has a 37 percent higher customer retention rate than traditional advertising. An important thing to remember is that influencer marketing campaigns do not always translate to immediate sales. The main goal of this tactic is to gain exposure and get new customers. To truly understand the impact of your […]
How to Deliver Packages On Time Despite Labor Shortages
Consumers are looking for accurate and quick shipments, so a possible solution is less-than-truckload (LTL) carriers to address order fulfillment in several locations. Consolidation is an excellent solution for storing and shipping goods. A manageable supply chain boasts greater efficiency than a distributed network of warehouses, suppliers, and shipments. Rail freight is typically slower but […]