In the fashion products segment, the retail corporation is gaining more importance to enhance India’s retail ecosystem. Back in the year 2020, when the COVID-19 outbreak started, many issues arise, such as: Increase in inflation, Falling GDP, Global Financial crises, Increase in unemployment, Shutting down of businesses, etc. This
In the current scenario, almost every business segment is trying to make its strong digital presence. Whether it’s a small or medium scale business or a big enterprise, everyone wants a reliable online presence to work in the digital environment. In all these aspects, the digital payment mechanism plays a crucial role. Imagine sending e-invoices directly
COVID-19 had a great impact on our everyday lives. It has changed the way we purchase and pay, forcing businesses to implement better ways to operate. As the health concerns among people increased, we started avoiding handling cash, crowded places, and adopted shopping habits, giving rise to contactless or digital payments trends. Although digital payments
As the terror of COVID-19 is still on the rise, companies that fall under several verticals are still facing difficulties in their revenues and business. But for e-commerce industry, 2020 has been a good year. And on top of that, it will reshape the structure of India’s online industry in 2021. Various trends affected the e-commerce sector as it triumphed
A POS System is the backbone of the whole backend operation of the business within one system. It is a vital component that integrates multiple departments into a single system that helps in speeding up the whole process. TRADITIONAL POS TRENDS The use of a traditional point-of-sale system was to capture billing, inventory, and payment details. They were
If we talk about the business world, then 2020 has been the year of innovations and digitalization. Many changes were witnessed throughout the year because of the ongoing pandemic. Retailers, distributors, manufacturers, everyone started looking for innovative solutions that can enable them to work remotely, with safety and security. And POS systems are one
Mobile apps have influenced the lifestyle of almost every person on this planet. Not only that, but mobile applications are playing a vital role in business transformation also. Over the last couple of years, various segments have come forward to digital transformation and take the business online. Out of which, the grocery business experienced astonishing
2020 is about to end. We witnessed a lot of changes in the retail, distribution, and manufacturing sector, especially after the COVID-19 hit hard on the global scale. It was enough to change the grocery store experience for both, shopper and grocer. Many shoppers who used to go grocery shopping every few days suddenly started panicking from going outside at
For running a retail business, there are various aspects that one needs to vary - market trends, keeping inventory up-to-date, customer retention & engagement, employee or staff management, accounts & finance, etc... There are a variety of challenges that retail business owners have to battle to keep the business going. On top of it, the intense
When the COVID-19 pandemic started, the sector which was greatly impacted by it was the SMEs. To be more specific, the retail sector got hit the worst. Inefficiencies, visibility, profitability, and liquidity issues surfaced for SMEs when a sudden lockdown was announced country-wide. It took a while, but everyone began to realize that the answer to
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