Implementing an ERP system, or even an OMS, is a major undertaking for a retail business with a mixed bag of typical outcomes. Half (49%) of firms have experienced a major implementation challenge or failure when adopting the DIY approach within the last 12 months — highlighting why it is often a failure waiting to […]
technology
Using Blockchain to Grow Your Business
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 […]
Boost Business with Warehouse Automation
“Warehouse automation is the use of technology to perform repetitive processes and also to eliminate manual data entry, which will ultimately help companies manage their inventory more efficiently.” “A warehouse management system system can also be set up with routing all throughout the warehouse so that the employee can take the best route through 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 […]
Samsung Bringing Chip Manufacturing to Texas
South Korean electronics giant Samsung revealed plans to construct 11 new semiconductor manufacturing plants in Texas. “Right now, Taiwan is the biggest manufacturer of semiconductor chips. There are questions about what would happen if China were to invade Taiwan.” Having Samsung’s semiconductor manufacturing facilities within the U.S. will ultimately alleviate some of the supply chain […]
These Technologies Will Engage Your Customers
Understanding brand loyalty and the shopper mindset is vital in helping retailers manage and grow. Even though small business buyers see most retail technologies as helpful, they are aware yet unimpressed with chatbots. Consumers who see value in retail technology are more likely (73%) to prefer familiar brands than those who are unimpressed with the […]
5 Behavioral Science Tips to Boost Ecommerce Conversions
by Darwin Liu Ecommerce brands often spend substantial resources on ads to drive website traffic, but rarely optimize conversion rates enough to turn increased traffic into sales. While conversion rate optimization may seem daunting at first, researchers of behavioral science have taken great strides in the last decade to further our understanding of buyer behavior. […]
Innovative Brands Set to Thrive in the Future of Retail
by Jordan Erskine Business happens in cycles. When technology opens up the floor to something new, corporations adapt and find ways to utilize the development, and then there tends to be a lull. It is in these lulls that ideas can really kick off for retailers. Some businesses get comfortable, but others push their companies […]
2022 Technology Trends
Each year, technology continues to grow and revolutionize the retail industry. With ecommerce constantly evolving, new in-store gadgets coming out to help transactions go faster and more smoothly, and data becoming more crucial to personalizing the customer experience, retailers need to stay alert on the latest trends to keep business booming. Independent Retailer spoke with […]
Why Technology Can Help Combat Labor Shortages
With millions of Americans still out of work and job openings at a record high, retailers need solutions for what could be a long-term problem. To deal with the crippling labor crunch, business owners have to examine and embrace new strategies and new technologies that position them as an employer of choice and reduce their […]